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Packer Bottle Market Analysis by Size, Share, Growth, Trends up to 2031

Over the last few years, packaging bottles have emerged as a convenient packaging solutions, especially for pharmaceutical, food, chemical industries among others. According to a report by Future Market Insights (FMI), packer bottles market is expected to surpass US$ 5.31 Bn by 2031.

Packer bottles are light in weight, small in size, and cost effective packaging solutions predominantly used to pack, carry and store a variety of industrial and non-industrial solutions. Owing to their portability, child resistant packaging and recyclability, packer bottles are experiencing substantial rise in demand in the global market.

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In terms of availability, there are variety of packer bottles made up of plastic and glass available in the market. FMI predicts that, the manufacturers operating in the global packer bottle market to have ample opportunities to maximize their sales, as manufacturing output and packaging needs form pharmaceutical and food sectors is consistently rising.

According to the report, plastic will remain most preferred material owing to its pricing affordability and light weight mass. Among end users, pharmaceutical sector is expected to account for the lion’s share.

Key Takeaways from Packer Bottle Market

Packer bottle sales will consistently, despite a temporary set-back amid COVID-19 outbreak. FMI predicts the market to rise at 5.4% CAGR between 2021 and 2031
Within North America, the U.S. is expected to account for over 85% of sales in 2021
Temporary period of lull amid pandemic will cause sales to dip in the U.K. However, recovery is likely 2022 onwards
Germany and France are expected to showcase marginal improvement in packer bottle sales in 2021
Despite China’s dominance, Japan and South Korea markets will exhibit higher growth within East Asia

“Incorporation of recent advancements in packer bottles such FDA-approved and child resistant packaging solutions, coupled with excellent light and moisture barrier properties, has widened scope for application in several end use industries,” says FMI analyst.

Packer Bottle Market by Category

Material

Plastic
- High Density Polyethylene (HDPE)
- Polyethylene terephthalate (PET)
Glass

Capacity

100cc & Below
200cc
300cc
400cc

Application

Tablet & Capsules
Powder & Granules
Liquid

End Use

Pharmaceuticals
Chemicals
Food & Beverages Ingredients
Other Industrial

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Demand for Damage Resistance and Spill-proof Packaging Solutions in Pharmaceuticals Driving Sales

Aseptic and spill proof packaging is always a prime concern for end users, especially in case of pharmaceuticals and liquid food packaging. Packer bottles are mostly made up of plastic that offers high tear resistant to the inside product during transit. Therefore, this type of packaging solution is used frequently in pharmaceutical industry for packing, sealing, storing, and transporting extensive range of solid and liquid form of pharmaceutical drugs.

Further, packer bottles fulfil precise packaging requirement of pharmaceutical industry as they are offer a multitude of benefits, including efficiency in botyh low & high temperature and impact resistant, child resistant, non-reactive to chemicals, and leak & seep proof. On the other side, rapidly rising healthcare and pharmaceutical spending by individuals will bolster the sales of pharmaceuticals drugs, which will further create considerable demand for rigid packaging solutions including packer bottles.

Who is Winning?

Berry Global Group, Inc, Amcor Plc and Gerresheimer AG are among the top players operating in the packer bottle market. Some of the other key players operating in the market are Graham Packaging Company, Maynard & Harris Plastics and Alpha Packaging, Inc. The Tier 3 players in the market hold 65-70% in the global packer bottle market. In conclusion, key players contribute almost 30-35% of the global market.

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Lubricant Packaging Market : Value Chain, Stakeholder Analysis and Trends by 2029

The lubricant packaging market is projected to record a CAGR of ~5% during 2019-2029, majorly driven by the sales of automobiles, despite increasing prevalence of electric vehicles in the transport sector. An incessant rise in number of passenger vehicles worldwide has translated into rewarding opportunities for the lubricant packaging manufacturers. However, it is pertinent to note that recent slowdown of auto sales in countries such as China and India which represent the world’s largest automotive industry may negatively affect the market growth.

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The use of flexible packaging formats such as stand-up pouches & bag-in-box has been on the rise for lubricant packaging in the past couple of years, as lubricant manufacturers place their focus on achieving improved portability and convenience.

Key Takeaways from the Lubricant Packaging Market Study

Plastic accounts for a hefty share in the lubricant packaging market, and is anticipated to retain its edge over other materials. With the ever-increasing demand for smaller pack sizes and pouches, plastic is likely to remain the material of choice for lubricant packaging. However, it is projected to lose grounds to metal as aversion for plastics surges globally.
Despite the emergence of flexible packaging alternatives, drums continue to experience a sustained preference in the global lubricant packaging market, as obstacles to switching to alternative packaging formats are still significant.
Stand-up pouches and bag-in-box containers are gradually making their way in lubricant packaging, but have a long way to go.
The automotive industry has shaped the dynamics of lubricant packaging, and it continues to influence the global market scenario by holding nearly 1/3rd of the revenue share.
Although packaging for engine oil is anticipated to influence the growth strategies till 2023, it is likely to register relatively low growth rate, due to emergence of electric vehicles.

Lubricant Packaging Market: Taxonomy

Packaging

Stand-up Pouches
Bottles
Drums
Pails
Cans
Tubes
Kegs
Bags-In-box
IBC

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Lubricant

Engine Oil
Transmission and Hydraulic Fluid
Process oil
Metal-working Fluid
General Industrial Oil
Gear Oil
Greases

End-use

Automotive
Metal working
Oil & Gas
Powder Generation
Machine Industry
Chemicals
Other Manufacturing

Material

Metal
Plastic

“The billion-dollar lubricant packaging market is projected to grow at a steady pace in the next decade, providing huge growth potential to the packagers willing to evolve with newer industrial trends. With the paradigm shift towards flexible packaging, manufacturers can extend their production capabilities and partner with lubricant manufacturers to introduce innovative lubricant packaging solutions with enhanced portability and convenience.”

Key Players Focusing on Market Consolidation

Companies operating in the lubricant packaging market space are forming strategic alliances to achieve market consolidation. Such factors played a significant role in the joint venture of Time Technoplast Ltd. with Mauser AG, a German industrial packaging giant. Furthermore, lubricant packaging manufacturers are targeted towards consolidation activities through enhancement of existing product portfolios. For instance, Greif, Inc. acquired Caraustar Industries, Inc. in 2019, aiming to widen its product offerings, thereby strengthening its foothold in the global lubricant packaging market.

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Gummed Tapes Market Brief Forecast and Analysis by Top Key Players to 2031

The global gummed tapes market is estimated to expand at 6.2% CAGR between 2021 and 2031, find Future Market Insights (FMI). These tapes are most preferred for sealing heavy equipment, furniture, and other bulky items to reduce the risk of damage during the transportation of the products.

Sales of these tapes are expected to burgeon on the back of surging application in various end-use industries such as food & beverages, electricals & electronics, printing, and others. The excellent bond forming ability, resulting into better sticking and gluing properties of gummed tapes will also fuel the demand.

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These tapes perform well in the normal temperature ranges once applied to the corrugated box. They also provide ease and convenience to seal the box with the highest level of safety and security to the box and also can be easily opened without the use of cutting tools.

On the back of such aforementioned factors, the global gummed tapes market is projected to surpass US$ 1.9 Bn by the end of 2031.

Key Takeaways:

By backing material, the fibre reinforced tape is expected to hold around 90% of the market by 2031.
Brown gummed tapes segment is forecast to hold maximum share in the global market registering 6% CAGR during the assessment period.
In terms of adhesives, the starch adhesives is projected to expand by 2x over the next decade.
Based on application, the splicing segment is poised to expand at a CAGR of 7.5% by 2031, registering year-on-year growth by 8% during 2025-2027.
By end use, shipping & logistics, food & beverages segment and electrical & electronics segment are anticipated to, collectively, hold around 40% of the market share.
North America, Europe, and East Asia are projected to hold approximately 65% of the market share by the end of 2031.

“Increasing need for enhanced product safety and improved package sealing solutions across shipping & logistics, electrical & electronics, and building & construction industries is propelling the demand for gummed tapes. Expansion of aforementioned end-use industries in East Asia is expected to create growth opportunities for market players.” says an FMI analyst.

Elimination Of The Gluing Step To Fuel The Sales Of Gummed Tapes

The tapes applied with glue have the risk of falling off from the product or container as the temperature or weather conditions changes. Therefore, this not only leads to the defect in the sticking but also affects the product safety by increasing the risk of product damage during the transportation process.

Use of gummed tapes eliminates the gluing step and thereby makes the sticking and tape application process easy. This also saves time along with the better sticking and adhesion properties as compared to the traditional tapes.

Gummed Tapes Market by Category

By Backing Material:

Paper Gummed Tapes
Fiber Reinforced Gummed Tapes

By Product Type:

White Gummed Tapes
Brown Gummed Tapes

By Adhesive Type:

Starch Adhesives
Other Adhesives

By Application:

Box & Carton Sealing
Splicing
Others

By End Use:

Shipping & Logistics
Building & Construction
Food & Beverages
Electrical & Electronics

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Sustainability Concerns To Encourage Gummed Taped Demand

Gummed paper tapes are made using the natural paper and are much easier to use as compared to the plastic packaging tapes. Due to mono materials, these tapes are easy to recycle along with waste carton boxes and therefore reduces recycling challenges over multi material packaging formats.

Unlike the traditional tapes, the gummed tapes do not need an additional synthetic adhesive for the sealing process and thereby proves an eco-friendly sealing option for the variety of end-user industries. This is expected to burgeon the sales of gummed tapes.

Competitive Landscape

3M Company, Intertape Polymer Group Inc., Shurtape Technologies LLC, Holland Manufacturing Co., Inc., Loytape Industries Sdn Bhd, Papertec Inc., LPS Industries LLC, Windmill Tapes & Labels Ltd., Neubronner GmbH & Co., KG, Maxfel Srl, Can-Do National Tape, Suzhou Tongxie Adhesive Tape Co., Ibergum S.A., and Waterproof Corporation Pvt. Ltd. are key players operating in the global gummed tapes market.

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Dual Ovenable Lidding Films Market Insights and Forecast by 2031

Increasing focus on food safety and consumer preference for pre-packaged convenience foods is fuelling the demand for dual ovenable lidding films. According to a recent report by Future Market Insights (FMI), the market will rise at a 5.6% CAGR surpassing a US$ 134.8 Mn valuation in 2031.

Dual ovenable lidding films are an essential packaging solution that is predominantly used in the food & beverage industry to package foods that need to be heated in a microwave or oven. The rising emphasis by manufacturers to provide a longer shelf life to their products creates better prospects for sales.

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The demand for dual ovenable lidding films is consistently rising as they offer strong sealability and a printable texture which makes them suitable for food packaging applications.

FMI predicts two-fold growth opportunities for leading players. The usage and adoption of dual ovenable lidding films is estimated to increase on the back of rising consumption of ready meals, frozen foods, meat products, dairy products, and more.

Key benefits offered by dual ovenable lidding films include high safety, convenience and a longer shelf life. Biodegradable dual ovenable lidding films are becoming increasingly popular among major participants in the film packaging market.

End users in the frozen food and meat products packaging industry are focusing on lowering their carbon footprint. Consequently, some of the leading manufacturers are also using biodegradable goods as a result of government action that provides tax exemptions on revenue. Client preference for clean materials and an increase in health awareness, drives the demand for biodegradable dual ovenable lidding films.

Consumers are inclined towards processed food products. Many of the complexities of packaging processed food have been greatly minimized by the adoption of dual ovenable lidding films. Dual ovenable lidding films made of PET material are expected to see a surge in demand. Increasing concerns pertaining to safety of food and a developing packaged food culture globally, are contributing towards overall growth of the market.

Key Takeaways from Dual Ovenable Lidding Films Market

Polyethylene terephthalate (PET) dual ovenable lidding films are expected to account for nearly 3/4^th of the global market, aided by cost and durability benefits.
Peelable seals ensure the quality of product while improving user convenience, and are estimated to increase by nearly 2 times of the current value, at US$ 130 Mn by 2031.
Meat products packaging applications are expected to create an incremental opportunity of US$ 28.5 Mn in the next ten years.
The U.S. will account for over 90% of the North America value share through the assessment period, owing to a large and matured packaged food sector.
Germany is the largest and fastest growing market in Western Europe, accounting for over 30% value share by 2031, driven by the presence of major manufacturing facilities.

“Improved safety and convenience offered by dual overable lidding films to packaged food have been improving their scope for applications. The market also will gain as the packaging industry slowly transitions towards biodegradable ovenable lidding films,” says an FMI analyst.

Dual Ovenable Lidding Films Market by Category

By Material Type:

Polyethylene (PE)

Polyethylene Terephthalate (PET)

Crystallizable PET (CPET)

Amorphous PET (APET)

Recycled PET (RPET)

Polypropylene (PP)

Others

By Seal Type:

Pealable Seal

Easy Peal

Medium Peal

Hard Peal

Very Hard Peal

Permanent Seal

By Application:

Prepared Meals

Frozen Foods

Meat Products

Dairy Products

Others

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Impact of COVID-19

The COVID-19 pandemic and its global effects have had a notable impact on the global dual ovenable lidding films market. Stringent and complete lockdown in American, European, and Asian countries resulted in a declining supply and sales.

Food chains such as quick-service restaurants, and cafes were entirely shut down in almost every region, whereas, online food delivery were open and the deliveries were available which has lowered losses during the crisis. Nevertheless, demand for dual ovenable lidding films will gain traction in the later part of 2021 as industries recover rapidly with precautionary measures.

Competitive Landscape

Key manufacturers contribute 30-35% of the global market. Strategic expansions and acquisitions are expected to gain traction throughout the forecast period in the moderately fragmented landscape.

Amcor PLC., Berry Global, Inc., Sealed Air Corporation, and Sonoco Products Company, Schur Flexibles Holding GMBH, Sirane Ltd. are the top players operating in the dual ovenable lidding films market. Furthermore, Coveris, Inc., Toray Plastics (America), Inc, DuPont Teijin Films and many others in the market hold 65-70% in the global dual ovenable lidding films market.

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Dishwashing Additives Market to Grow at a Rate of 6.5% CAGR by 2022-2032, Says FMI Analyst

The dishwashing additives market size is poised to reach a valuation of US$ 1.4 Bn in 2022. Sales are projected to increase at a 6.5% CAGR, with the market size reaching US$ 2.6 Bn by 2032.

The global market for dishwashing additives is expected to grow in conjunction with the culinary industry. Dishwashing products are widely used in both household and commercial kitchens, indicating that the demand will gain traction in the forthcoming years.

As a result of rising environmental concerns, eco-friendly businesses are likely to gain traction in the global dishwashing additives market. Increasing demand for green dishwashing additives is one of the primary factors driving the market. Chemical-free natural and plant-based household items have been determined to be safe for both humans and the environment.

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In dishwashing detergents, producers tend to use natural components such as natural aroma oils and flower extracts. For example, Seventh Generation is a well-known natural home product brand in the U.S. that invests heavily in marketing and promotion. Goodmaid Bioby Goodmaid Chemicals and Green Works by The Clorox Company are two of the most popular eco-friendly household dishwashing detergents on the market.

“Energy and water savings due to well-timed usage of dishwashing additives, improved consumer perception of hygiene and cleanliness, and a rise in the number of restaurants and dining venues resulting in increased use of dishwashers are some of the key factors driving the global dishwashing additives market,” says an FMI analyst.

Key Takeaways:

Based on product type, sales of branded dishwashing additives will remain high.
In terms of applications, the adoption of dishwashing additives in the residential sector will gain traction through 2032.
The U.S. will continue dominating the North America dishwashing additives market over the assessment period.
China will emerge as a lucrative pocket in the East Asia dishwashing additives market.
India will account for a dominant share in the South Asia dishwashing additives market over the forecast period.

Competition Landscape

Some of the leading players operating in the global dishwashing additives market include Unilever N.V., Blueland, Bombril, Reckitt Benckiser Group plc, Church & Dwight Co. Inc., SC Johnson & Son Inc., The Clorox Company, Godrej Consumer Products Limited, The Procter & Gamble Company, Colgate-Palmolive, Henkel, McBride, and Kao Corporation among others.

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Global Dishwashing Additives Market by Category
By Product Type:

Branded
Private Label

By Application:

Commercial
Residential

By Form Type:

Liquid
Powder
Others

By Sales Channel:

Hypermarkets/ Supermarkets
Independent Grocery Stores
Specialty Stores
Wholesalers/Distributors
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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MENA Industrial Packaging Market Revenue Growth Predicted by 2027

Demand for industrial packaging in the Middle East and Africa is likely to remain robust owing to the improving situation of international trade. In addition, global trade of industrial products has grown three-fold over the past decade. Bio-chemical products and food-grade ingredients are amongst few of the most traded items around the world.

In the MENA region, the focus has recently shifted towards non-oil based industrial activities as the long-term dependency on crude oil business is gradually abating. Moreover, it is important to develop new business verticals in order to stay unaffected from the ongoing dwindles in the region’s oil and gas industry.

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As compared to other regions, non-oil goods and services have a significantly low contribution to the economy of the MENA region. Yet exports, especially non-oil exports are expected to be crucial in the further development of the robust and all-inclusive growth model to secure the future of the region. End-use industry such as electronics, automotive, plastics & rubber, and agriculture in MENA are expected to witness a healthy growth over the medium term. This, in turn, is expected to support the growth of industrial packaging market in the region.

Future Market Insights (FMI) in its latest report reveals that the industrial packaging market in the MENA region stood at US$ 3,372.5 Mn in 2016 and is estimated to reach a valuation of US$ 5,053.0 Mn by 2024-end. Revenue from the sale of industrial packaging products in the region is expected to increase at a CAGR of 5.2% during the forecast period (2016–2024).

GCC and North Africa are identified as the key markets that account for more than 60% of MENA’s industrial packaging market. Further, the market in GCC is projected to expand at a relatively higher CAGR over the forecast period and present lucrative opportunities for industrial packaging product manufacturers in the region.

Plastic Remains the Top Material for Manufacturing Industrial Packaging Products

In 2016, plastic based industrial packaging products accounted for more than 50% of the revenue share of the market in the region. Plastic packaging is used across several industrial verticals owing to its durability and cost efficiency. However, demand for paper & paperboard-based packaging material is expected to gain a healthy traction over the forecast period.

Based on product type, intermediate bulk containers (IBCs) packaging accounted for more than 30% revenue share of the market in 2016. IBCs are reusable industrial containers classified in 2 types: Flexible IBCs & Rigid IBCs. IBCs are commonly used for the transportation and storage of liquid and granulated substances such as food ingredients, chemicals, solvents, and pharmaceuticals.

By end-use, nearly US$ 1104.9 Mn worth of industrial packaging is expected to be consumed by the chemicals & pharmaceuticals sector over the forecast period. In addition, chemicals and pharmaceuticals sector is the most significant end-user for industrial packaging in the MENA region.

MENA Industrial Packaging Market By Category

By Product:

Plastic Pallets
Drums
IBCs (Totes)
Sacks
Pails
Crates
Tubes
Bulk Boxes
Other

By Material:

Metal Industrial Packaging
Plastic Industrial Packaging
Paper & Paperboard Industrial Packaging
Fiber & Wood Industrial Packaging

By Packaging:

Rigid Industrial Packaging
Flexible Industrial Packaging

By End-Use Industry:

Agriculture
Automotive
Building & Construction

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Vendor Insights

Industrial packaging solution manufacturers are actively focusing on further enhancing their product offerings. Many of the companies are changing their raw materials in accordance with the shift of customers towards convenience packaging. International Paper, Time Technoplast Ltd., Mauser Group B.V, Grief, Inc., Balmer Lawrie & Co. Ltd., Clouds Drums LLC., and Gulf Plastic Industries Company are amongst some of the leading companies operating in MENA’s industrial packaging market.

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Cooker Hoods Market is set to breach US$ 17.15 revenue mark, at a CAGR of 3.6% during forecast period of 2022-32, Says FMI

The global cooker hoods market is anticipated to grow at a 3.6% CAGR, with sales expected to reach US$ 12.1 Bn in 2022. In light of this, the global market for cooker hoods will grow to US$ 17.15 billion by 2032. Cooker hood sales account for 5–10% of the global market for home appliances.

Another factor which is driving the market is the presence of leading market players in the country. With technological advancements, small and medium companies are making progress via new contracts and collaborations with technology-based startups, which, in turn, is driving sales of cooker hoods.

“The introduction of ductless cooking hoods, along with rising demand for smart kitchen appliances across the globe will augment the growth in the market in the forthcoming years,” says an FMI analyst.

In Europe, U.K is expected to account for a dominant share in the market owing to rapid development of more innovative, energy efficient, and technologically advanced household appliances.

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Key Takeaways:

Based on product type, sales of integrated cooker hoods will remain high.
By applications, demand for cooker hoods in the residential segment will gain traction.
In terms of sales channel, the exclusive stores segment will expand at a considerable pace over the assessment period.
The U.K. will continue dominating the Europe cooker hoods market over the forecast period amid high demand for smart kitchen appliances.
India will emerge as a lucrative pocket owing to the expansion of the foodservice sector in the country.

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Competition Landscape

Appliances are being integrated with Internet of Things (IoT) platforms by market players. Apps for mobile and desktop devices allow smart kitchen equipment to work remotely and wirelessly,in real-time. Mergers and acquisitions, as well as product development and innovation, are among the strategies adopted by key players to gain a competitive edge.

Adding new features and functionality is a major concern for companies. Major players present in the Cooker Hoods market are Bosch, Miele, Siemens, Elica hoods, Midea, Luxair Cooker Hoods Limited, Inflame Appliances Ltd, Eico A/S, Westin, Candy Hoover Group S.r.l, Falmec Kitchen Appliance Limited and Hafele Appliances among others.

Cooker Hoods Market by Category

By Product Type:

Chimney/wall-mounted cooker hoods
Integrated cooker hoods
Downdraft cooker hoods

By Technology:

Extraction Technology
Filter less Technology

By Application:

Residential
Commercial

By Sales Channel:

Multi-Brand Stores
Exclusive Stores
Online Stores
Independent Stores
Others

By Region:

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

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Pre-Shave Care Market is Reaching US$ 13.4 Billion in 2032, at a Gracious Rate of 5.3% By The Year 2032– FMI

In 2022, the Pre-Shave Care Market is anticipated to be worth US$7.9 billion. The market is anticipated to grow at a 5.3% CAGR, reaching US$ 13.4 billion by 2032.

The market for pre-shave care should see potential for expansion due to rising demand for men’s grooming products. In order to meet the rising demand, manufacturers are funding R&D as well as promotional strategies.

The evolution of several male grooming products, including pre-shave care products, has been a result of the evolution of men’s grooming practises among all age groups.

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Additionally, customers are becoming more likely to have aromatherapy, facials, and pedicures. Due to increased urbanisation and an increasing trend toward individualism, sales of pre-shave care products for males are anticipated to increase dramatically.

In addition, the market is expanding as a result of the rising popularity of websites that offer products for men’s health and fitness as well as the expansion of publications devoted to men’s grooming and lifestyle.

Key Takeaways:

Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.

Competition Landscape

Leading manufacturers of pre-shave care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L’Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others.

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Global Pre-Shave Care Market by Category

By Product Type:

Pre-Shave Foam
Pre-Shave Cream
Pre-Shave Gel
Pre-Shave Soap
Other Pre-Shave Products

By Nature Type:

Natural/Organic
Conventional

By Consumer Orientation:

Men
Women

By Price Range:

Low
Medium
Premium

By Sales Channel:

Supermarkets/Hypermarkets
Specialty Stores
Multi-Brand Stores
Salon/Grooming Clubs
Drug Stores & Pharmacies
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Atherosclerosis Market is projected to attain a valuation of US$ 58,236.4 Mn by 2032

[301 Pages Report] The Atherosclerosis Market Size is anticipated to attain a valuation of US$ 58,236.4 Million by 2032, growing at a CAGR of 2.8% between 2022 and 2032, from a current value of US$ 44,183.8 Million in 2022. Atherosclerosis is the narrowing of the vein as a result of plaque build-up. Atherosclerosis is a particular kind of arteriosclerosis (stiffening or solidifying of the artery walls). The illness disturbs the stream of blood around the body, posturing genuine cardiovascular entanglements.

Atherosclerosis begins when the endothelium gets to be harmed, permitting LDL cholesterol to aggregate in the artery wall. The body sends macrophage white platelets to tidy up the cholesterol. However some of the time the cells stall out there at the influenced site. After some time this outcome in plaque being developed, comprising of terrible cholesterol (LDL cholesterol) and macrophage white platelets.

The plaque obstructs the corridor, upsetting the stream of blood around the body. This possibly causes blood clusters that can bring about existence undermining conditions, for example, heart assault, stroke and other cardiovascular ailments. Besides aging, aspects that upsurge the risk of atherosclerosis include: High blood pressure, high cholesterol, diabetes, obesity, smoking or other tobacco use, family history of early heart disease, lack of exercise and an unhealthy diet.

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Atherosclerosis Market: Drivers and Restraints

Growing incidence of heart attacks due to atherosclerosis or coronary heart disease is expected to increase demand for atherosclerosis treatment products. The rise in the aging population is expected to propel demand over the forecast period.

As per CDC (Centers for Disease Control and Prevention), coronary illness accounts for around 610,000 deaths per year in the United States- roughly being responsible for 1 of every 4 deaths reported. Coronary illness is the most widely recognized kind of coronary illness, killing more than 370,000 individuals every year. This increase in the baby boomer population is expected to add to the patient pool of atherosclerosis and thus in turn increase demand for treatment over the forecast period.

The development in atherosclerosis market is determined by expanded prevalence, obesity, sedentary lifestyle, hypertension, dyslipidemia, an especially decrease in high thickness cholesterol (HDL-C), and elevated cholesterol slim down. Medications to treat Atherosclerosis incorporates statins, angiotensin-converting enzyme (ACE) inhibitors, beta-blockers (BB), antiplatelets, calcium channel blockers (CCBs) and nitrates. With the dispatch of first-in-class pipeline molecules, for example, Yosprala (headache medicine and omeprazole), Praluent (alirocumab), Dalcetrapib (RG1658), Vorapaxar (SCH 530348), Canakinumab (ACZ885), Varespladib (A 002), Aliskiren, Generx, Xarelto (rivaroxaban), Anacetrapib (MK0859), and others are relied upon to get propelled in the forecasting period.

New contestants in the atherosclerosis market have indicated expanded adequacy and security profiles along with the reduction of CHD risk factors. Atherosclerosis or coronary artery disease showcase likewise has two different methods of treatment, which are coronary artery bypass grafting (CABG) and angioplasty.

The CAD death rate is very high contrasted with different maladies because of coronary events connected with CAD, including myocardial infections (MI), angina and strokes. In this way, the counteractive action of such events remains an undiscovered region of research and development for pharmaceutical organizations to bring novel medications into the market. However, the absence of definitive treatment, side effects and limited efficacy of the drugs available in the market and dependency in symptom based treatment in several cases is expected to hamper revenue growth of the atherosclerosis market over the forecast period.

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Atherosclerosis Market: Overview

The global market for atherosclerosis is expected to witness robust growth owing to increasing incidence rate of the heart problems coupled with new treatment (branded and generic) approach.

Atherosclerosis Market: Region – wise Outlook

Globally the atherosclerosis market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America and Western Europe are expected to be the leading markets in the global atherosclerosis market. Rising treatment options among the aging population, prescription rates, and the maturing worldwide population are additionally considered vital drivers for this market. High awareness and easy available diagnostic tests are expected to boost demand for RSV infection treatment products in these regions.

Japan and APEJ are expected to follow next in terms of demand for the treatment of atherosclerosis market. Eastern Europe, Latin America, and MEA markets are also expected to witness above average growth over the forecast period. The absence of population-based studies in developing countries is a major challenge in the assessment of RSV-related infections in these countries.

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Atherosclerosis Market: Participants

GlaxoSmithKline plc.
Merck & Co., Inc.
F. Hoffmann-La Roche Ltd.
Isis Pharmaceuticals, Inc.
Anthera Pharmaceuticals
Novartis AG
Sanofi
Johnson and Johnson
Bayer AG
The Medicine Company
Cardium Therapeutics

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Aquaculture Therapeutics Market is likely to reach US$ 4190.3 Mn by 2032 | FMI

[323 Pages Report] The global aquaculture therapeutics market is expected to reach $4190.3 million by 2032, up from $1634.8 million in 2022, at a 9.9% CAGR during the forecast period. The growing need for effective aquaculture treatment is expected to drive up demand for aquaculture therapeutics. Furthermore, the rising prevalence of bacterial illnesses among aquaculture species drives the aquaculture therapeutics market growth.

Aquaculture Therapeutics Market: Drivers and Restraints

A lot of advances are taking place in the aquaculture therapeutics as there are several diseases which are affecting the animals cultured in the aquaculture. There are several diseases which are driving the aquaculture therapeutics market. Mostly the diseases are dependent on hygiene conditions which are to be maintained. Advances in aquaculture therapeutics, and growing demand for the more effective aquaculture therapeutic drugs are the factors expected to drive the growth of aquaculture therapeutics market. More over the demand for aquaculture is growing day by day due to the decreasing number of the oceanic fishes and increasing consumption of the fishes at a global level.

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The Farming or the culturing of aquatic animals like the fishes, algae, mollusks, crustaceans, aquatic plants and other aquatic organisms in different types of water is termed as Aquaculture. The cultivation process involves nurturing of these aquatic organism in the controlled condition either in fresh or in salt water. Later on these aquatic organisms are then harvested to be served as the source of nutrition or to be used for many other purposes.

The aquatic animals are very sensitive and are prone to various epidemic diseases. Other factors affecting the aquatic cultured animals are Pathogens (e.g. bacteria, viruses, fungi and parasites) exist in all natural water bodies. At the same time crowded culture environment makes the causes high risk for infection and makes the fishes nervous. Crowding also results in fish knocking eventually leading to surface wounds which is a cause for inaction.

These can be cured using several FDA approved antibiotics and other medicines. Apart from diseases medicines are used to improve the wellbeing of the fishes in the aquaculture. The list of drugs includes chorionic gonadotropin, formalin solution, florfenicol, oxytetracycline, tricaine methane sulfonate, hydrogen peroxide, sulfadimethoxine/ormetoprim combination, acetic acid, calcium chloride, calcium oxide, carbon dioxide gas, fuller’s earth, garlic (whole form), ice, magnesium sulfate, papain, potassium chloride, povidone iodine, sodium bicarbonate, sodium chloride, sodium sulfite, thiamine hydrochloride, urea and tannic acid.

The above mentioned drugs take care of the aquatic animals fighting with several diseases which are not only harmful to the aquatic animals but are also harmful to the consumer. There are two different categories of diseases which affect the aquatic population viz. diseases due to pathogens which are indigenous to the local environment and exotic pathogens.

Aquaculture therapeutics market: Overview

Despite the long tradition of practicing aquaculture in several countries it is still a growing and a business with great scope. The requirement of aquaculture therapeutics is increasing day by day as more and more countries have stared adopting aquaculture which is cheaper source of protein. As the fishes or the animals are consumed by the human FDA has set up certain regulatory guidelines for the drugs to be administered to the fishes in aquaculture. They are categorized as conditionally approved animal drugs and indexed animal drugs. Depending upon environmental and diseased conditions these drugs are used in the aquatic fishes.

Aquaculture therapeutics market: Regional Overview

Region wise, the global Aquaculture therapeutics market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. China is the leading in the aquaculture market which contributes around 61% of the global aquaculture market which is followed by Indonesia and India.

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Aquaculture therapeutics market: Key Players

Some of the key players in global Aquaculture therapeutics market are

TunaTech GmbH,
ViAqua Therapeutics Ltd,
Alpharma, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic 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.

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Aquaculture Therapeutics Market: Segmentation

The global Aquaculture therapeutics market has been classified on the basis of product type, end user and geography.

Based on product type, the global Aquaculture therapeutics market is divided into following:

Chorionic Gonadotropin
Formalin Solution
Florfenicol
Oxytetracycline
Tricaine Methane Sulfonate
Hydrogen Peroxide
Sulfadimethoxine/Ormetoprim combination

Based on the end user type, the global aquaculture therapeutics market is divided into following:

Veterinary Pharmacies
E commerce
Veterinary Clinics
Veterinary Hospitals

Report Highlights:

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

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