Pre-gummed Labels Market is expected to garner a valuation of US$ 51 billion by 2033 with a CAGR of 4.7 %

In 2023, the market for pre-gummed labels is projected to reach a value of US$ 32.2 billion, and between 2023 and 2033, it is projected to grow at a CAGR of 4.7% to reach US$ 51 billion. Pre-gummed label sales increased with a 3.9% CAGR from 2018 to 2022, which showed market expansion.

It is well recognised that pre-gummed labels improve the aesthetic qualities of food and beverage packaging brands. Labelling and packaging are crucial to the sale of goods since they aid in grabbing customers’ attention. Marketers primarily use them to persuade potential customers to buy the goods.

Pre-gummed labels are made up of three different layers, a layer of adhesive, release liner, and the face material. Pre-gummed labels impart various benefits when considering the packaging and labeling of the product, like they are easy to use, manufactured using accurate dimensions, and have an excellent finishing giving out sharp and precise edges. All these factors are further expected to benefit into increasing the growth of pre-gummed labels consumption to new highs.

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What are the Key Trends Impacting Growth of the Pre-gummed Labels Market? 

In today’s world, linerless labeling systems are receiving huge popularity as they successfully eradicate the need for non-recyclable release liners and also help in reducing the costs.IT trends of digitization and modernization can also fuel market growth. RFID technology is expected to grow the market at a higher pace.Also, many retail industries are now going digitally or on the online/e-commerce platform to increase their sales by promoting their products, which in turn is setting a trend for the pre-gummed labels market for the instant packaging, labeling, and shipping of the product. An e-commerce platform is used by many industries like, manufacturers, suppliers, and others, which significantly boost the demand for the pre-gummed labels.

Nowadays, the use of sustainable materials as a result of public concern over the disposal of waste packaging and labeling is gaining huge attention in the labeling industry. The rise in the initiatives taken of using recycled paper, plastics, and bioplastics is also setting a trend to the pre-gummed labels market.

How can Pre-gummed Labels Improve the Process When Compared to the Manual Process of Labeling? 

Pre-gummed labels are already or in-advanced attached by the manufacturer of the product with the help of the technological advancement in the packaging industry.It employs the use  of  the equipment and  different types of machinery to avoid the manual process of labeling which in turn results in time-saving and also improvement in adds more value to the label features or characteristics, like accurate size (dimensions) and shapes and the sharp edges.

Also, at a time pre-gummed labeling process can handle many products or packaging boxes to be labeled as compared to the manual gumming process of labels, thereby looking towards the improvements or advancements in the product as a label and process, it is anticipated to grow the pre-gummed labels market to great extent.

How will the use of Pre-gummed Label Technology cater to the Labeling Industry?

In recent times, the automation process in the majority of industries is the major trend that is uplifting the pre-gummed labels market which in turn is favorable in saving time in product packaging and labeling. High growth in the transportation and logistics/supply chain is expected to raise the market growth for the pre-gummed labels.

Furthermore, the regulation regarding the labeling industry has become more stringent in recent years which is very important for the businesses that operate in the labeling industry to work with a proper label management system that ensures to maintain of a validated and compliant labeling solution. Customization in the labeling requirements can also add to the market expansion.

Demand and growth in flexible packaging are also catering to the market on the positive side. Pre-gummed labels nowadays are majorly used on many products in food and beverages, industrial, healthcare, and many more. The majority of the labeling industries aim to achieve the best quality labels over their product in terms of appearance and quality aspects which again in turn are expected to positively grow the market.

What are the Key Challenges that may hinder the growth of the Pre-gummed Label Market? 

The cost of the pre-gummed label is quite high as compared to the traditional label, which may cause a barrier to the growth of the market.

Lack of awareness about various types of labeling techniques can also impact the pre-gummed label market. Countries devoid of the latest technology with the unavailability of equipment/types of machinery can be a challenge to the pre-gummed labeling market.Also, increased cost for labeling using automation technology can act as a barrier towards the growth of the pre-gummed label market.

So, unawareness of the trends in the labeling industry, devoid of the latest technology in the labeling industry and increased cost for the pre-gummed label production can hinder the market restraining its growth.

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Competitive Landscape: 

Key players are

  •          Americk Packaging Group
  •          Constantia Flexibles Group Gmbh
  •          SVS Labels
  •          CCL Industries Inc.
  •          H.B. Fuller Company
  •          Muroll GmbH
  •          Royston Labels Ltd.
  •          UPM-Kymmene Oyj
  •          Henkel AG & Co.
  •          Mondi Group
  •          S&K LABEL CCL Industries Inc.
  •           Avery Dennison Corporation
  •          Multi-Color Corporation
  •          Coveris Holdings S.A
  •          Huhtamaki OYJ
  •          Fuji Seal International, Inc.

What strategies are the Key Players adopting for Increasing their Market Share in the Pre-gummed Labels Market?

Technology advancements, product development, growth and expansion of the industrial sector, and acquisitions are some of the strategies fueling the market share for the pre-gummed label market.

  •          In August 2020, Geostick acquired the pre-gummed label division of iPB Printing B.V. to focus on flexible packaging and also to improve the market position.
  •          In March 2020, Plasztik-Tranzit Kft successfully acquired Coveris which is a producer dealing in the food industry for flexible packaging solutions. This partnership between the both is thereby expected to develop a place for superior technology packaging manufacturing in the Eastern Europe region to enhance the production quantity of the medical, food, and film end-markets.

Why will the Asia-Pacific Generate Significant Demand for the Pre-gummed Labels Market?

The Asia-Pacific region is expected to witness growth in the forecast period with rapid and continuous growth in the retail (e-commerce) industry with the growing demand for packaging with the use of pre-gummed labels. Furthermore, an increase in the per capita income, changing lifestyle, rising consumption of packed products, and industrialization are expected to create massive opportunities for growth in the pre-gummed market.

Also, continuous developments and upgradations in the technology in packaging industry is expectedto gain huge demand for the pre-gummed labels market.

How has COVID-19 impacted the Growth of the Pre-gummed Label Market?

The E-commerce industry has greatly influenced a positive growth in the pre-gummed label market due to the COVID-19 situation with an increase in the labeling industry. Also, the pharmaceutical industry has evolved like anything in manufacturing medicines in the pandemic situation. Other industries such as food, industrial, etc. have also experienced growth in the pre-gummed labels market. Logistics/ supply chain and the transport facilities were highly impacted due to the pandemic situation thus, making it difficult to run businesses for many industries/sectors. In the later part of the pandemic situation, removal of restrictions pulled by the government is proven to give relaxation to the e-commerce business thereby uplifting the growth of the labeling industries, and also the production of the pre-gummed labels is increased accordingly.

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Key Segments of Pre-gummed Label Market covered in the Report:

Based on the Material:

  •          Paper
  •          Plastic

Based on the Composition Type:

  •          Release liner
  •          Adhesive layer
  •          Face stock

Based on the Product Type:

  •          Linerless
  •          Release layer

Based on the Nature Type:

  •          Removable
  •          Permanent
  •          Repositionable

Based on the End-use:

  •          Food & Beverages
  •          Pharmaceuticals
  •          Home & Personal Care
  •          Others

Based on the Region:

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

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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World Phthalocyanine Blue Market Size by 2027: Global Demand and Regional Analysis

As per the recent research conducted by a leading market insights provider FMI, the global Phthalocyanine Blue market will expand at a healthy CAGR over the forecast period between 2022 and 2027. The aim of this study is to analyze key market dynamics affecting the sales of Phthalocyanine Blue and provide vital insights to business owners to get benefited from forthcoming opportunities.

The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.

Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Phthalocyanine Blue Market

Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.

Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Phthalocyanine Blue market.

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Key Phthalocyanine Blue Market Takeaways and Projections

  • The U.S. will lead the North America Phthalocyanine Blue market, projecting the fastest growth in the region between forecast period
  • Germany will collectively hold the largest share in the Europe market over the assessment period.
  • India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.

Competitive Landscape Analysis

The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Phthalocyanine Blue market. It also profiles a list of prominent companies including Kesar Petroproducts Ltd, Nanavati Group, Kolorjet Chemicals.

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Key Segments Profiled in the Phthalocyanine Blue Industry Survey

Phthalocynanine Blue can be segmented by usage:

  • Inks
  • Photovoltaics
  • Quantum Computing
  • Research and Development

Phthalocynanine Blue can be segmented by industry:

  • Paints and Pigments
  • Solar Cell

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Phthalocyanine Blue market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Phthalocyanine Blue market

About Future Market Insights, Inc. (FMI)

Future Market Insights, Inc. (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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Corrugated Wrap around Market In-Depth Summary, Growth Factors, Regional Analysis And Forecasts Outlook 2028

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Corrugated Wrap around market is expected to grow at a healthy CAGR during the forecast period (2018-2028). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Corrugated Wrap around in the coming 10 Years.

The report conducts in-depth analysis of factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Corrugated Wrap around

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Corrugated Wrap around market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key Corrugated Wrap around Market Takeaways and Projections

  • The U.S. is expected to lead the North America Corrugated Wrap around market, projecting the fastest growth in the region between 2018 and 2028
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2028.

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Report Benefits & Key Questions Answered

  • Corrugated Wrap around Historical Market Analysis: The detailed survey by FMI, examines key factors in the Corrugated Wrap around market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Corrugated Wrap around market for the forecast period 2018-2028.
  • Corrugated Wrap around Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Corrugated Wrap around for the assessment period. As per the study, the demand for Corrugated Wrap around will grow at a robust CAGR between 2018 and 2028.
  • Corrugated Wrap around Market Trend Analysis: The latest study by FMI on the Corrugated Wrap around market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Corrugated Wrap around market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

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Segmentation

The corrugated wrap around market is segmented on the basis of board grade, flute type and end use.

On the basis of board grade, the corrugated wrap around market has been segmented as:

  • Kraft paper
  • Partly/Fully recycled liner paper
  • Bleached kraft paper
  • White coated liner
  • Others

On the basis of flute type, the corrugated wrap around market has been segmented as:

  • E flute
  • B flute
  • C flute
  • Others

On the basis of end use, the corrugated wrap around market has been segmented as:

  • Food & Beverages
  • Retail
  • Shipping

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact:
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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World Conductive Textile Market Share by 2027: Upcoming Trends and Analysis

As per the recent research conducted by a leading market insights provider FMI, the global Conductive Textile market will expand at a healthy CAGR over the forecast period between 2022 and 2027. The aim of this study is to analyze key market dynamics affecting the sales of Conductive Textile and provide vital insights to business owners to get benefited from forthcoming opportunities.

The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.

Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Conductive Textile Market

Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.

Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Conductive Textile market.

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Key Conductive Textile Market Takeaways and Projections

  • The U.S. will lead the North America Conductive Textile market, projecting the fastest growth in the region between forecast period
  • Germany will collectively hold the largest share in the Europe market over the assessment period.
  • India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.

Competitive Landscape Analysis

The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Conductive Textile market. It also profiles a list of prominent companies including

  • 3M
  • Eeonyx
  • Laird
  • Seiren
  • Emei Group
  • V Technical Textiles Inc.
  • Temas Engineering
  • Metal textiles
  • KGS Diamond
  • New Cut
  • Wujiang City Yuzhen Textile Co. Ltd.
  • Holland Shielding Systems
  • Swift Textile Metalizing
  • Bekaert
  • Parker Chomerics
  • Toray Industries

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Key Segments Profiled in the Conductive Textile Industry Survey

On the basis of fabric type, the global conductive textile market can be segmented into:

  • Cotton
  • Nylon
  • Polyester
  • Wool
  • Others

On the basis of type, the global conductive textile market can be segmented into:

  • Woven conductive textile
  • Non-woven conductive textile
  • Knitted conductive textile

On the basis of end use industries, the global conductive textile market can be segmented into:

  • Healthcare
  • Military & defence
  • Sports & fitness
  • Consumer electronics
  • Others (aerospace, architecture, automotive)

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Conductive Textile market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Conductive Textile market

About Future Market Insights, Inc. (FMI)

Future Market Insights, Inc. (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.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Reflective Air Bags Market is anticipated to expand at a CAGR of 6.1% with Reaching US$ 14.1 Billion by 2033

The projected CAGR for the global market for reflective air bags, which is now valued at US$7.8 billion in 2023, is 6.1%. Due to packaging advancements, the market is anticipated to grow to US$ 14.1 billion by 2033.

Packaging plays a crucial role in attracting the buyers towards the respective products offered by the producers along with providing protection while transporting. Unique packaging helps in the identification process as well as it aims at differentiating from the other competitors’ products present in the market.

Among various kind of packaging solutions, airbag packaging is one of the famous and well-known packaging solutions adopted by industries like food & beverages, automotive, pharmaceutical and electronics & electrical sector.  Reflective air bags are subsidiary of airbags available with water-leak resistance and temperature controlling property.

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These airbags use cushioning with lamination for providing insulation via confined air and reflection to protect the items present inside. The rising demand for reflective air bags packaging is gaining traction day by day due to its flexible packaging format and it is anticipated to boost the growth of reflective air bags market over the forecast period.

Reflective Air Bags Market: Dynamics

Drivers:

A reflective air bag is able to maintain a chilled cold chain for a while (minimum 24 hours) and offer protection for the inside-products with cushioning. Additionally, these reflective air bags are leak-resistant, waterproof, fold flat and create spaces for storage. These are some of the key factors which are driving the reflective air bags market’s growth in the industry.

Restraints:

Being a metal-foil based air bag, the bag is comparatively costly than other products which might hamper the growth of reflective air bags market in future.

Opportunities

Demand from Third Party Logistics to Augment the Sales of Reflective Air Bags

Reflective air bags market is witnessing an increasing growth day by day due to the growth of the e-commerce industry. Reflective air bags are being widely used in the e-commerce industry and third party logistics service sector. Players associated with third-party logistics services, mainly focus on warehousing, storing and transportation process. All the players of third party logistic providing services are adopting these reflecting air bags rapidly as packaging solutions as these bags minimize the transportation costs of the manufacturing companies due to its lightweight property. The growing demand from the third-party logistics service sector is anticipated to propel the growth of reflective air bags market globally in the future.

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Industrial Growth is Opening the Door for Reflective Bags Market to Grow

Reflective air bags are being extensively used for packing consumer-durable products that in turn is augmenting the demand reflective air bags during the forecast period. The hiking growth rates of food & beverage industry, pharmaceutical industry are influencing the production rate of reflective air bags as these bags are equipped with the capability of controlling temperature inside the packaging solution which helps in maintaining the chemical and structural integrity of the inside product. Furthermore, reflective air bag is used as a packaging solution in the automobile sector which is anticipated to escalate the growth of reflective air bags market in near future.

Reflective Air Bags Market: COVID-19 Impact

The sudden outbreak of COVID-19 has created obstacles for various industries. Majorly all the industrial sectors are facing challenges to grow due to the implemented lockdown and social distancing rule across the globe which ultimately has affected the industries negatively. Food & beverage, automotive and other sectors are experiencing declined growth rates due to the interruption in the supply chain management system. On the contrary, the pharmaceutical industry and electronics and electrical industry have witnessed inclined growth rates because of the speeding infection and trend of “work from home”. But the overall market’s growth will depend on the severity and duration of the pandemic situation.

Reflective Air Bags Market: Regional Outlook

North America is expected to lead the reflective air bags market due to the massive growth of the pharmaceutical industry and cosmetic & personal care sector. Europe is anticipated to witness a slightly declined growth rate owing to its maturity.

Asia Pacific region is expected to register the highest return on growth among all the regions because of the growth of e-commercial sector and food & beverage industry in developing nations like China, India and Japan. Latin America and Middle East & Africa regions reflective air bags markets are expected to witness slow growth rates due to the negligible growth in industrial sectors present in these regions.

Reflective Air Bags Market: Key Players

  • Hydropac
  • Swicofil AG
  • Insulated Products Corporation
  • Packman Packaging Private Limited
  • TP Solutions
  • Nordic Cold Chain Solutions

Report Highlights:

  • A detailed overview of the reflective air bags market
  • Changing reflective air bags dynamics in the industry
  • In-depth reflective air bags segmentation
  • Historical, current, and projected reflective air bags size regarding volume and value
  • Recent industry trends and developments in the reflective air bags
  • Competitive landscape of the reflective air bags
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on reflective air bags performance
  • Must-have information for reflective air bags players to sustain and enhance their market footprint

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Reflective Air Bags Market: Segmentation

The global reflective air bags market is segmented by function, distribution channel and end-use.

By function :

  • Void Fill
  • Cushioning

By distribution channel :

  • Automotive
  • Chemical
  • Agriculture
  • Oil and Gas
  • Research and Development
  • Others

By end-use :

  • Food
  • Beverages
  • Electronics & semi-conductor
  • Pharmaceutical
  • Industrial goods
  • Automotive parts

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Cold Formed Blister Foil Market is expected to garner a valuation of US$ 7.4 billion by 2033 with a CAGR of 5.9%

 

The global cold-formed blister foil market is projected to reach a market size of US$ 4.15 billion in 2023 and US$ 7.4 billion by showing a CAGR of 5.9% from 2023 to 2033. In the historical period from 2018 to 2022, the market for cold formed blister foil had growth of 4% CAGR.

A recent study by ESOMAR-certified consulting firm Future Market Insights projects a positive outlook for the Cold Formed Blister Foil market over the forecast period. The report gives a detailed outlook about the ongoing changes and advancement that are expected to augment growth in the Cold Formed Blister Foil market. With a unique approach and extensive data analysis, FMI presents a detailed perspective on the market, key growth drivers, threats and challenges that market players are likely to face during the forecast period.

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COVID-19 Impact Analysis on Cold Formed Blister Foil Market

Following the outbreak of COVID-19, the packaging industry is expected to witness a moderate growth after a steep fall. Soaring development in various sectors of packaging including the increased R&D activities from the prominent players has led the Cold Formed Blister Foil market in the positive direction. Manufacturers are more focused on the sustainability as a key strategy to maintain their position in the industry during the time of crisis.

FMI provides an extensive information on growth strategies that will aid the players to tackle the impact of pandemic on the global Cold Formed Blister Foil market. This detailed chapter will give the market players information on the market scenario following the outbreak of COVID-19 and its impact on the industry across major regions. With various info graphics and detailed data sets, the market players are provided with market intelligence solutions which are accurate, transparent and reliable for the upcoming decade.

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Important Questions Answered in the Cold Formed Blister Foil Market Report

  • Which are the top companies operating in the Cold Formed Blister Foil market?
  • What will be the future outlook of the Cold Formed Blister Foil market in the upcoming decade?
  • What are the key growth drivers and restraints likely to affect the Cold Formed Blister Foil market in the future?
  • Which region is expected to be the most lucrative region for the Cold Formed Blister Foil market?
  • What are the ongoing trends likely to augment the growth of the global Cold Formed Blister Foil market?

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Strives to deliver optimized and accurate results
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Deliver market reports with precision and diligence

Cold Formed Blister Foil Market: Segmentation

In-depth analysis on FMI’s Cold Formed Blister Foil market report has been further classified into key segments and sub-segments.

Material type:

  • Plastic Foil
  • Aluminum Foil
  • Others

End-Use Industry:

  • Healthcare
  • Electronics
  • Consumer goods
  • Industrial goods
  • Food

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Cold Formed Blister Foil Market: Competitive Analysis

The latest report on the Cold Formed Blister Foil market by FMI gives an unbiased analysis on the top 10 leading companies operating in the Cold Formed Blister Foil market. It provides a detailed segmentation on the market players’ product launches, strategic mergers and acquisition and revenue prospects that will aid the players to gain a competitive edge in the industry.

Key players profiled by FMI in Cold Formed Blister Foil market includes:

  • Amcor Limited
  • Bemis Company, Inc.
  • Essentra PLC
  • Dow Chemical Company
  • Tekni-Plex, Inc.
  • Honeywell International, Inc.
  • E. I. du Pont de Nemours and Company
  • Constantia Flexibles Group GmbH
  • ACG Pharmapack Pvt Ltd
  • Baddi Foils Group
  • ACG
  • Amcor Limited
  • The Dow Chemical Company
  • WestRock Company
  • Bemis Company, Inc.
  • Sonoco Products Company
  • Constantia Flexibles

Significant Contributions to the Report

  • Key Trends and Opportunities: Comprehensive analysis on the industries ongoing trends and opportunities for market players in different regions across the globe
  • Recent Challenges and Forecasts: Detailed assessment on the challenges, technological advancements, and forecast for upcoming decade.
  • Segmental Analysis: Extensive research on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact:
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Food Punnets Market is expected to garner a valuation of US$ 27.9 billion with exhibiting a CAGR of 5.29% by 2033

The market for food punnets is projected to reach a market value of US$ 16.67 billion in 2023 and US$ 27.9 billion in 2033, growing at a CAGR of 5.29% during the forecast period. Food punnet market growth was evident from 2018 to 2022 when it saw a 4.1% CAGR.

Market expansion is anticipated to be fueled by the introduction of innovative, cutting-edge R-PET or recycled polyethylene terephthalate goods. For instance, in December 2019, AVI, one of the world’s leading manufacturers of punnet packaging, unveiled the AT114, a multipurpose punnet container. This item is especially made for the packaging of chopped fruits and vegetables in airtight containers.

To maintain freshness of the food items and tamper evident packaging, food punnets are widely used to package food items such as fruits, vegetables, sea fruits, fresh produce, etc.

Features such as stacking to maximize the storage space, less transportation cost and maintain low oxygen levels to delay oxidation process are driving the food punnets market.

The rapidly increasing food and beverages industry is also adding to the growth of food punnets in the market. Presently, there are several players which are operating in the food punnets market, producing customized food punnets to cater to the increasing demand from different end-use industries, giving manufacturers a good opportunity to enter the market.

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Food Punnets Market: Dynamics

Food items which are susceptible to squashing, bruising, and spoiling are best kept in small rigid containers which are commonly known as food punnets.

A replacement to polystyrene or plastic trays can be achieved by the paper-based food punnets. Due to the increasing government regulation over the use of single-use plastic material, the paper-based food punnets are gaining traction.

Though the paper material fulfils the sustainability concern but the plastic food punnets are more cost efficient and durable. Also, bio-degradable plastics such as PLA are getting more prominence over hazardous plastics such as Polystyrene, PVC, etc.

Also, a high quality of customized printing and graphics can be done over the external surface of the food punnets to grab consumer attention in the retail environment leading to an increase in sales.

Food punnets are also designed to meet the physical requirements of the supply chain to ensure that the food item arrives in optimal condition. Food punnets can be stacked flat to maximize the storage space and to minimize the transportation costs. Many latest innovations and technological advancements are being carried out in the food punnets market to offer optimum packaging of food items.

Such as the manufacturers are focusing on using water resistant boards and other barrier coatings, both at the innermost and the outermost surface of the food punnets. With proper packaging of food items such as fruits, vegetables, seafood, fresh produce, etc, unique air-ventilation feature is also very important to keep them fresh. Food punnets are available in various sizes and capacities as per their usage.

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Food Punnets Market: Regional Outlook

The paper-based food punnets market is estimated to have increased demand in the Europe region due to the government strict regulations and impositions over the use of plastic materials.

Also, the North America region is expected to have a moderate growth due to high consumption of fruits, vegetables and seafood. On the other hand, Asia Pacific region may witness a significant growth due to developing economies such as India and China which have an exceptional growth of fresh food packaging industry. The countries of these regions are expected to witness an upright market growth due to the import of exotic food items especially fruits and vegetables from other regions.

The food punnets market growth is impacted in the regions such as Latin America and Middle East and Africa, as the people of these regions are proactively inclining towards healthy eating habits.

Food Punnets Market: Key Players

The food punnets market is highly competitive in nature, holding to the existence of leading players. The contenders who are steering in the food punnets market are as follows –

  • LC Packaging International B.V.
  • AVI Global Plast Pvt Ltd
  • Carters Packaging Limited
  • Marinucci Australia Pty Ltd.
  • T&B Containers Limited
  • Nicholas Packaging
  • YV Packaging
  • Tacca Industries
  • Sullivan Packaging
  • Velkan Engineering Pvt. Ltd.

The food punnets market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participant across the value chain. The report on food punnets market provide in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies of the food punnets market.

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Food Punnets Market: Segmentation The segmentation of the food punnets market is done based on the following segments

Material Type:

  • Paper
  • Plastic
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Polyethylene terephthalate (PET)
    • Polystyrene (PS)
    • Polylactic Acid (PLA)
    • Polyvinyl Chloride (PVC)
    • Other Plastic

Capacity:

  • 50 gm – 100 gm
  • 101 gm – 200 gm
  • 201 gm – 500 gm
  • Above 500 gm

End Use:

  • Packaged Food
  • Vegetables
  • Seafood
  • Fruits

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact:
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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Cloud Billing Market to be Worth US$ 16.8 Billion by 2032 | CAGR of 15.2%

Cloud billing is expected to have a global market worth US$ 16.8 billion by 2032, growing gradually at a CAGR of 15.2% from US$ 3.5 billion in 2021. Due to the growth of the cloud billing market, the much-discussed cloud-optimized billing component may now provide a bill-generating interface.

By imposing specific criteria, cloud billing is a technique that aids firms in the creation of bills. Authors commonly mention functional requirements like payment methods, quote services, and other requirements when explaining the desire for cloud billing service modules. When defining the term “cloud billing,” non-functional criteria like fault tolerance, security, and other factors are taken into consideration.

By needing less integration and expensive hardware, cloud billing solutions reduce the amount of IT resources and equipment needed by enterprises. They also reduce the danger of vendor lock-in for billing activities. These billing solutions result in low capital and operating expenses since they replace human methods.

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Business intelligence (BI) is becoming more influential in the present marketplace as brick-and-mortar companies work to gather comprehensive data on their operations. The most important element of a billing system is revenue. Revenue data may offer insights into revenue leakages by highlighting discrepancies between sales statistics and product use.

Analysing the effects of system changes on KPIs, billing and revenue data may provide advantages like immediate insights into the health of a digital transformation project and the capacity to make appropriate modifications. Analytics in cloud billing may be useful for managing complex financial structures and parameters, analyzing customer purchasing patterns, developing and implementing new pricing models, and other tasks.

The largest market share for cloud billing is anticipated to be in North America over the projection period. The most potential cloud billing market is expected to be in North America for key businesses like telephony, IT, BFSI, and telecoms. North America is significantly impacted by COVID-19.

The lockout has caused a number of manufacturing businesses to discontinue operations, and as a result, they are using fewer cloud services. This report divides North America into two sections: the United States and Canada. It is anticipated that the US will play a sizable role in the expansion of the North American cloud billing market. It is anticipated that Canada’s cloud billing solutions and service providers would expand significantly.

Key Takeaways: 

  • The solutions from the cloud billing market are expected to grow at the fastest CAGR of 15.1% in the component sector.
  • The public cloud is expected to grow at a high rate in the deployment type sector of the cloud billing market, with a CAGR of 15.0%.
  • The market size for cloud billing in the United States is expected to reach US$ 6 Billion by 2032, growing at a CAGR of 15.0% during the research period.
  • United Kingdom is expected to reach a market size of US$ 693.9 Million in cloud billing by 2032, with a CAGR of 13.9% during the research period.
  • China’s cloud billing market is expected to be worth US$ 1.2 Billion by 2032, with a CAGR of 14.5% over the forecast period.
  • Japan is expected to have a market size for cloud billing of US$ 1 Billion by 2032, with a CAGR of 13.4% during the research period.
  • By 2032, South Korea is expected to reach a market size of US$ 606.7 Million in cloud billing, with a CAGR of 13.0% during the research period.

COMPETITIVE LANDSCAPE:

Companies that provide cloud billing services have been seen extending their company by adding new items to their existing portfolio. Many organizations are effectively putting forward their brand value through proven business tactics such as acquisitions, collaborations, and so on, and are investing heavily to maintain a competitive advantage in the cloud billing market.

Oracle, Salesforce, Sap, Zuora, And Aria Systems are among the most important cloud billing market participants.

  • Aria Marketplace Suite was introduced in July 2020 by Aria Systems. B2B and B2C marketplace companies may use Aria Marketplace Suite to simplify their operations. Aria Marketplace Suite provides cloud billing market operations with revenue and product management capabilities, as well as a smooth billing and payment experience.
  • SAP made enhancements to SAP Subscription Billing in September 2020. Sending alerts before and after an allowance expires, finishing outstanding subscriptions, establishing allowance pricing, and setting cancellation notice dates are all possible with the new future.

Key Segments

By Component:

  • Solutions
  • Services

By Billing Type:

  • Subscription
  • Usage Based
  • One-Time
  • Others

By Deployment Type:

  • Private Cloud
  • Public Cloud

By Service Model:

  • IaaS
  • PaaS
  • SaaS

By Organization Size:

  • Large Enterprises
  • SMEs

By Vertical:

  • BFSI
  • IT
  • Telecommunications
  • Education
  • Consumer Goods & Retail
  • Media & Entertainment
  • Healthcare
  • Others

By Region:

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

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact Us:

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

 

 

Facial Recognition Market will Reach a Value of US$ 24.3 Billion by 2033 at a CAGR of 16.1%

The Facial Recognition Market is anticipated to grow at a rapid CAGR of 16.1% from US$ 5.7 billion in 2023 to US$ 25.4 billion by 2033, according to a recent analysis by FMI. According to this analysis, the expansion of the facial recognition market is boosted by rising government investments in new CCTV camera technologies installed in most public areas to reduce criminal activity and terrorist acts and to improve public safety.

During the forecast period, factors such as the rise in demand for face detection systems to improve safety and security, as well as the expansion of applications in physical security and intelligent signage, are anticipated to fuel the growth of the global facial recognition market. The report also predicts that technology developments like 3D recognition systems and cloud-based solutions will accelerate industry expansion in the years to come.

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Another reason that has been favourable for the market need for facial recognition is the gradual increase in the number of use cases after the COVID-19 epidemic. Furthermore, healthcare systems around the world are implementing thermal camera checks using these systems.

Key Takeaways from the Market Study

  • Global Facial Recognition market to be valued at US$ 5.2 Bn by 2022-end
  • By Component, Software Tools Segment expanded at a CAGR of 16.8% until 2021
  • Law Enforcement applications ruled the Facial Recognition market with a CAGR of 16.7% until 2021.
  • China to account for the highest value share of US$ 1.6 Bn of global market demand for the Facial Recognition market in 2032.

Competitive Landscape

Players in the global Facial Recognition market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In March 2022, Aware, a biometrics software and services company, partnered with MIRACL to expand its cloud-based biometric authentication technology. The partnership is a mutual reseller arrangement whereby each company can both sell each other’s products and integrate them within their own product lines, quickly bringing to market password-free login paradigms delivering superior security and simplicity for users.
  • In March 2022, SALTO’s acquisition of Cognitec Systems initiates a strong partnership of business synergy and innovation. This acquisition is expected to meet market requests for adding face recognition and artificial intelligence technologies to the company’s renowned electronic access control and ticketing solutions. In addition, both companies appreciate a similar innovative work environment and corporate culture.

More Insights on the Facial Recognition Market

Future Market Insights offers an unbiased analysis of the global facial recognition market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the facial recognition market, the market is segmented on the basis of component type, application, and vertical across five major regions.

Key Segments Covered in the Facial Recognition Industry Report

Facial Recognition by Component

  • Facial Recognition Software Tools
    • 2D Facial Recognition
    • 3D Facial Recognition
    • Facial Analytics
  • Facial Recognition Services
    • Training and Consulting
    • Cloud Based Facial Recognition

Facial Recognition by Vertical

  • Facial Recognition in Banking
  • Facial Recognition in Retail & E-Commerce
  • Facial Recognition in Automotive
  • Facial Recognition in Healthcare
  • Facial Recognition in Government & Defence
  • Facial Recognition for Other Verticals

Facial Recognition by Application

  • Facial Recognition for Law Enforcement
  • Facial Recognition for Access Control
  • Facial Recognition for Emotion Recognition
  • Facial Recognition for Attendance Tracking and Monitoring
  • Facial Recognition for Other Applications

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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3D Printing Materials Market to be Worth US$ 6.6 Billion by 2033 | CAGR of 14.2%

The projection period, it is expected that the market for 3D printing materials will grow at an astounding 14.2% CAGR. Worldwide sales of 3D printers are being driven by the quick uptake of technologically superior production equipment across numerous industries, which is anticipated to expand the market in the upcoming years.

Raw materials used for 3D printing include plastics, ABS, PLA, metals & powders, carbon fibers, and resins. The market is being supported by the growing trend of using 3D printers to produce a range of small and large products.

Additionally, the market is anticipated to develop as 3D printing is increasingly used in the building and construction industry. Additionally, it is projected that the rise of the automotive, aerospace, electronics, and medical industries will continue to be a major growth driver of the global market for 3D printing materials.

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North America is anticipated to continue to be a lucrative region in the global market for 3D printing materials, according to FMI. The rapid commercialization of cutting-edge technology like 3D printing across a variety of businesses in the area is responsible for the growth.

Key Takeaways:

  • By material type, sales in the metal segment are forecast to grow at a 14.9% CAGR over the assessment period.
  • Based on form, demand for powder 3D printing materials is projected to increase at a 13.5% CAGR through 2031.
  • In terms of applications, sales in the automotive sector are forecast to gain traction at a 13.6% CAGR over the forecast period.
  • The U.S. will emerge as a lucrative pocket in the North American 3D printing materials market.
  • Sales in the China 3D printing materials market are projected to increase at a 15.2% CAGR through 2031.

Competition Landscape

Key market participants in the global 3D printing materials market elaborated in the report include Covestro AG, Arkema S.A., Sandvik A.B., Evonik Industries A.G., EOS GmbH Electro Optical Systems, Ultimaker B.V., Hoganas AB, The EXONE Company, General Electrics, 3D Systems Corporation, Materialise NV, STRATASYS LTD, and MARKFORGED Inc.

Key market participants are focusing on the development of innovative 3D printing products to improve their product portfolios. Besides this, players are also investing in mergers, acquisitions, and collaborations to expand their global presence.

For instance:

  • In April 2021, Sandvik and its subsidiary BEAMIT Group announced a new capacity for additive manufacturing components in super-duplex stainless steel, an alloy that combines mechanical strength with extremely high corrosion resistance.

3D printing materials Market By Category

By Material Type:

  • Plastics
  • Metals
  • Ceramics
  • Others

By Form:

  • Filament
  • Powder
  • Liquid

By Application:

  • Electronics & Consumers
  • Automotive
  • Medical
  • Industrial
  • Education
  • Aerospace
  • Others

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact Us:

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