Bicycle Chain Industry is Expected to Exceed USD 12,802.54 million by 2034, Growing at a CAGR of 5.13%, according to FMI Reports

Bicycle Chain Market
Bicycle Chain Industry

The global bicycle chain industry is projected to reach USD 12,802.54 million by 2034, up from USD 7,763.89 million in 2024, reflecting a steady CAGR of 5.13% throughout this period. The rising focus on health and fitness has increased the popularity of cycling as an effective form of exercise.

Cycling has long been a popular exercise, but recent factors such as growing environmental concerns, a rise in lifestyle-related diseases, and heightened health awareness have revitalized the bicycle industry. More people are choosing bicycles to stay fit, reduce pollution, and cut transportation costs. This trend is expected to drive continued growth in bicycle chain sales over the forecast period.

A notable trend in the industry is the pursuit of faster cycling times and enhanced performance for athletes. The integration of digital intelligence into bicycle mechanisms is paving the way for smart bicycle technology. Innovations in bicycle chains include the development of hollow pins for lightweight designs, as well as diamond and gold coatings for improved durability and aesthetics.

Manufacturers are focused on creating chains that mesh smoothly across multi-geared platforms while minimizing wear and tear. The market for electric bicycles (e-bikes) is expanding rapidly, with many traditional bicycle brands now offering e-bikes and several new brands specializing in them. This growth in e-bike sales has increased the demand for e-bike chains.

The bicycle chain market is highly fragmented, with numerous leading players active across various regions. Key market participants are increasingly adopting alternative distribution channels, such as online platforms, to strengthen their global market presence.

Key Takeaways from Market Study

  • By material type, the alloy steel segment is projected to hold a significant share of about 43.8% due to its features such as high durability, high endurance strength, and ductility.
  • Based on chain speed, 1-speed chain category is estimated to hold around 21.6% of the market value share.
  • By sales channel, OEM segment is expected to grow at the highest CAGR during the forecast period, creating an incremental $ opportunity of 2,502.4 Mn by 2032.
  • By 2032, East Asia is expected to hold the largest share of around 51.9% share in the global bicycle chain market.
  • The U.S. bicycle chain market is likely to surpass US$ 1,007.4 Mn by the end of 2032.
  • Demand for bicycle chains across China is projected to grow at 4.4% CAGR between 2022 and 2032.

Growing demand for E-bicycle is boosting the growth of bicycle parts and components which is expected to create opportunities for bicycle chain companies. In order to grab maximum benefits, manufacturers are focusing on developing durable products while also providing new designs and customized solutions to customers as per their requirements. This will bode well for the overall bicycle chain market,” – says a Future Market Insights analyst.

Who is Winning?

Among the industry’s key players are KMC (KUEI MENG) INTERNATIONAL INC., SHIMANO INC., TIEN YUEN MACHINERY MFG. CO., LTD., RENOLD PLC., TAYA CHAIN CO., Ltd., SRAM LLC, RK SOUTH ASIA SDN. BHD, Izumi Chain Mfg Co. Ltd., Oriental Chain Mfg. Co., Ltd., ASR OVERSEAS, Zhejiang Dong Mei Chain Co., Ltd., Metro Group and others. Globally, some key players are focusing on creating a strong supply channel by expanding their supplier network in order to gain more sales from local markets.

In-Depth Market Analysis: A Complete Report

Key Segments Covered in Bicycle Chain Industry Analysis

By Chain Type:

  • 1-Speed
  • 9-Speed
  • 10-Speed
  • 11-Speed
  • 12-Speed
  • Others

By Material Type:

  • Carbon Steel
  • Alloy Steel
  • Nickel Plated

By Bicycle Type:

  • Kids
  • Road
  • Mountain
  • Racing
  • E-Bike

By Width:

  • 1/8″
  • 3/16″
  • 3/32″

By Sales Channel:

  • First Fit (OEM)
  • Replacement (Aftermarket)

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Automotive Exterior Trim Parts Industry is Anticipated to Reach USD 62.9 billion by 2033, Registering a CAGR of 4.0%, according to FMI Reports

Automotive Exterior Trim Parts Market
Automotive Exterior Trim Parts Industry

In 2022, the global automotive exterior trim parts industry was valued at USD 21.03 billion and is projected to reach USD 42.5 billion in 2023. Future Market Insights estimates that the market will grow at a CAGR of 4.0% from 2023 to 2033, reaching approximately USD 62.9 billion by 2033.

The growing trend of vehicle customization and personalization is driving increased demand for high-quality and visually appealing automotive trim parts. Consumers are continually seeking ways to make their vehicles stand out, and customized trim parts offer a cost-effective solution to achieve this.

Additionally, the integration of advanced features in automotive trim parts enhances comfort while reducing the vehicle’s overall weight through the use of fiberglass components. These innovations are expected to attract automobile manufacturers, further boosting demand and sales in the automotive exterior trim parts market.

Key Takeaways from the Industry Study

  • Sales of automotive exterior trim parts are said to account for a 27% share of global automotive exterior trim parts market revenue.
  • Anticipated value of the global automotive exterior trim parts market expanded at a CAGR of 3.2% between 2018 and 2022.
  • Automotive exterior trim parts industry in North America holds a market share of 48.6%.
  • Global industrial landscape for Europe occupies a significant share of 25.2%.
  • Asia Pacific is expected to have a dominant market share of 34% during the forecast period.
  • Based on product type, demand for bumper products is estimated to be with a market share of 62.7%.
  • Based on the vehicle type segment, commercial vehicles are set to retain their dominating positions in the automotive exterior trim parts market with a market share of 44.8%.

“Increasing disposable income to significantly influence market potential is considered one of the key drivers of the automotive exterior trim parts market” – comments Future Market Insights analyst.

Competition Landscape

The automotive exterior trim parts industry consists of consequential market players. Further, research and development for the introduction of environment-friendly product lines form the core aspect of these manufacturers. In addition to that, other expansion strategies, inclusive of collaborations, mergers and acquisitions, and exploration of regulatory approvals, are also relied upon.

In-Depth Market Analysis: A Complete Report

Some of the prominent players profiled in the global industry are-

  • AISIN Group
  • CIE Automotive
  • DURA Automotive Systems
  • Ficosa Internacional SA
  • GEDIA Automotive Group
  • GRONBACH
  • Hayashi Telempu Corporation
  • IDEAL Automotive
  • KASAI KOGYO Co. Ltd.
  • KKIRCHHOFF Automotive
  • Knauf Industries
  • NOVARES
  • NVH Korea
  • Samvardhana Motherson Group
  • TOYOTA BOSHOKU Corporation
  • Plastic Omnium

Key Developments of the Leading Players in the Automotive Exterior Trim Parts Industry

  • In April 2023, Dura Automotive Systems, one of the dominant manufacturing employers in Tennessee’s Bledsoe County, announced that it is going to soon shut down its plant there in the month of June and will lay off the 80 workers left from a workforce that was 500 strong four years ago.
  • In April 2023, Ficosa, considered to be a leading global company, is mainly committed to research, development, production, etc., thus, plans to sell more than 7 million cameras over the course of 2023. Ficosa’s vision portfolio includes in-vehicle and out-of-vehicle cameras to drive solutions for improved safety and comfort in mobility.

Key Segments of Automotive Exterior Trim Parts Industry Survey

By Product:

  • Front Bumpers
  • Rear Bumpers
  • Outside Rear View Mirrors (ORVM)
  • Rocker Panels (Under Panels)
  • Radiator Grills
  • Wheel Arch Claddings (Fender Liners)
  • Outside Door Handles
  • Exterior Car Door Trims
  • Mud Guards
  • Exterior Trim Parts

By Vehicle Type:

  • Passenger Cars
  • Compact
  • Mid-size
  • Luxury
  • Sedan
  • SUV
  • Commercial Vehicles
  • Heavy Trucks & Buses

By Sales Channel:

  • First Fit
  • Replacement

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa (MEA)

About Future Market Insights (FMI)

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

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Marburg Virus Disease Therapeutics Market to surge at a 5.5% CAGR until 2033, reaching USD 155 Million | FMI Report

The global marburg virus disease therapeutics market is poised for substantial growth, with an estimated market value of USD 90.74 million in 2023. As the world continues to combat the spread of viral diseases, the MVD therapeutics market is projected to experience a robust expansion, expected to reach USD 155 million by 2033. This growth represents a promising compound annual growth rate (CAGR) of 5.5% during the forecast period from 2023 to 2033.

The Marburg virus, a rare and highly infectious disease that is often fatal, has sparked increasing attention from governments, healthcare providers, and pharmaceutical companies alike. As global awareness of viral outbreaks rises, the demand for effective therapeutics to combat the disease is escalating.

Key factors driving market growth include advancements in research and development, strategic investments in viral disease therapies, and growing government support for vaccine and therapeutic solutions. The market is also witnessing significant collaborations between pharmaceutical companies, public health organizations, and research institutions to develop and commercialize effective treatments.

The market outlook remains promising as the global healthcare community intensifies its efforts to develop treatments that can potentially mitigate the devastating impact of Marburg virus outbreaks.

As the market progresses, companies involved in the development of MVD therapeutics are likely to benefit from favorable conditions driven by continued research and public health initiatives.

Key Takeaways from the Market Study:

  • The hospitals segment is expected to hold 45% of the market share in 2023 for Marburg virus disease therapeutics market.
  • The Marburg virus disease therapeutics market is expected to grow at a value of 5.5% CAGR for forecast period 2023-2033.
  • North America is expected to possess 43% market share for Marburg virus disease therapeutics market in 2023.
  • Asia Pacific Marburg virus disease therapeutics market size is expected to possess 39% market share in 2023.

“The increasing prevalence of Marburg virus disease along with investment in efforts for research and development for innovating therapeutics is creating lucrative opportunities for the market,” states an FMI analyst.

Rising Demand for Market Data: Our Full Report Offers Deep Insights and Trend Analysis!

Competitive Landscape:

Key players in the Marburg virus disease therapeutics market are Amicus Therapeutics, Inc, Alexion Pharmaceuticals, Inc, BioCryst Pharmaceuticals, Bavarian Nordic, Bio-Rad Laboratories, Inc, AlphaVax, GW Pharmaceuticals plc, Takeda Pharmaceutical Company Limited, Alexion Pharmaceuticals, Inc, Mapp Biopharmaceutical, Collaborations Pharmaceuticals, Inc, Emergent BioSolutions Inc, BioMarin and Sarepta Therapeutics, Alkido Pharma, Biofactura

  • Amicus Therapeutics, a key player in the Marburg virus disease therapeutics market is focusing on investing in research to innovate different treatments for Marburg virus diseases.
  • Bavarian Nordic, another key player in the Marburg virus disease therapeutics market is integrating technology to understand the effects of the virus and develop medication for treating Marburg virus diseases.

Key Segments Profiled in the Marburg Virus Disease Therapeutics Industry Survey:

By Drug Classification:

  • Antiemetic
  • Nitro-glycerine
  • Loperamide
  • Antibiotics
  • Others

By Route of Administration:

  • Injectable
  • Oral
  • Parenteral

By End Users:

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centres
  • Others

By Distribution Channel:

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Durable Medical Equipment Rental Market Set to Reach USD 47 Billion by 2033, Driven by Strong Demand from Healthcare Facilities | FMI

The global durable medical equipment rental market is poised for significant growth, with a newly released market analysis from Future Market Insights projecting a Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033. The market, valued at USD 27 billion in 2023, is forecast to reach an impressive USD 47 billion by the end of the forecast period.

This growth is largely driven by the increasing demand for cost-effective healthcare solutions, particularly within hospital settings, which are expected to be the highest revenue-generating segment. The DME rental market is gaining traction as hospitals and healthcare providers seek to manage costs while ensuring access to advanced medical equipment.

According to the report, the rental model is becoming increasingly popular due to its financial flexibility, enabling healthcare institutions to provide patients with the necessary medical devices without the substantial upfront investment. The shift toward rental models is particularly noticeable in critical care environments, where medical equipment utilization is high but the cost of ownership is prohibitive for many facilities.

The key drivers of market growth include:

  • Cost efficiency: Renting durable medical equipment reduces capital expenditure for healthcare providers.
  • Flexibility: Rental models offer healthcare facilities the flexibility to adapt to changing needs without the burden of equipment depreciation.
  • Technological advancements: Continuous innovations in medical devices are prompting healthcare facilities to adopt the latest technologies without the financial strain of purchasing new equipment.

The durable medical equipment rental market is set to benefit from a growing need for high-quality, flexible healthcare solutions. The demand for advanced equipment, such as oxygen concentrators, mobility aids, and monitoring systems, is expected to increase across various medical facilities globally, fueling market expansion.

As the healthcare industry continues to evolve, the DME rental market is positioned for substantial growth, providing hospitals and healthcare providers with the necessary tools to deliver exceptional patient care while managing operational costs.

Increased Market Attention: Delve into Detailed Trends and Analysis with Our Report!

Key Takeaways: Durable Medical Equipment Rental Market Analysis

  1. Market Growth and Projections:
    • The Durable Medical Equipment (DME) Rental Market was valued at USD 27 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2023 to 2033, reaching USD 47 billion by 2033.
  2. Key Revenue-Generating Segment:
    • Hospitals are forecasted to be the largest revenue-generating segment, with a projected growth rate of over 7% CAGR from 2023 to 2033, driven by increasing demand for sophisticated medical equipment and bulk leasing.
  3. Regional Insights:
    • USA: The U.S. is expected to be the largest market, with a valuation of USD 7 billion by 2033, growing at a CAGR of 6.1%. This growth is attributed to an aging population and high prevalence of lifestyle-related disorders.
    • UK: The UK market is projected to reach USD 1 billion by 2033, growing at a CAGR of 5% with a projected absolute dollar opportunity of USD 840 million.
    • Japan: Japan’s market is expected to reach USD 2 billion by 2033, growing at a CAGR of 7.4%, with an absolute growth opportunity of USD 1.1 billion.
    • South Korea: South Korea’s market is projected to grow at a CAGR of 6.7%, reaching USD 3 billion by 2033, with an absolute growth opportunity of USD 609 million.
  4. Top Application:
    • Bathroom Safety and Medical Furniture held the largest revenue share from 2018 to 2022, with a CAGR of 5.1%. This segment is expected to grow at a CAGR of 4.9% during the forecast period, driven by the rising incidences of chronic conditions and long-term care needs.
  5. Largest End-User Segment:
    • Hospitals have been the largest end-user of durable medical equipment rentals, growing at a CAGR of 4.6% from 2018 to 2022. The segment is projected to grow at a CAGR of 5.4% throughout the forecast period, spurred by bulk leasing, increased patient intake, and demand for advanced medical technologies.
  6. Impact of COVID-19:
    • The COVID-19 pandemic significantly boosted the demand for rental medical equipment, particularly therapeutic devices, as hospitals and healthcare facilities opted to rent rather than purchase equipment, accelerating market growth during this period.

Competitive Analysis:

Key players in the medical equipment rental market include Hill-Rom Holdings Inc., Stryker Corporation, Getinge AB, Siemens Financial Services Inc., Nunn’s Home Medical Equipment, Westside Medical Supply, Universal Hospital Services Inc., Woodley Equipment Company Ltd., GE Healthcare, C.N.Y. Medical Products Inc., All American Medical Supply Corp., and Homepro Medical Supplies LLC.

Recent developments among leading providers of Durable Medical Equipment (DME) rental services include:

  • MedOne Company: In June 2020, MedOne launched a new facility in North Carolina, USA, dedicated to the rental and servicing of medical equipment.
  • Med-Equip: In March 2020, Med-Equip acquired Martab’s equipment management services, aiming to expand its rental offerings, including custom-made devices such as home testing kits.

Market Segments Covered in Durable Medical Equipment Rental Market Analysis:

By Application:

  • Personal Mobility Devices
  • Bathroom Safety and Medical Furniture
  • Monitoring and Therapeutic Devices

By End Use:

  • Personal/Homecare
  • Institutes and laboratories
  • Hospitals

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Blister Packaging Market is Growing at a Strong CAGR of 6.5% from 2024 to 2034 | Future Market Insights, Inc.

The global blister packaging market is on a strong growth trajectory, with estimated sales valued at USD 29.3 billion in 2024. Revenue is projected to expand at a robust CAGR of 6.5% over the forecast period, reaching a total valuation of USD 55.1 billion by 2034.

In 2023, the global blister packaging market size stood at US$ 27.6 billion, and it is expected to exhibit a year-over-year growth rate of 6.1% in 2024. This growth is primarily driven by the increasing adoption of blister packs across various sectors.

Plastic blister packaging continues to dominate the market due to its versatility and cost-effectiveness. It is anticipated that plastic blister packs will account for 44.5% of the global blister packaging market share by 2034.

Carded blisters, known for their high visibility, are experiencing significant adoption in industries such as healthcare, food and beverage, and cosmetics. According to the latest industry analysis, the carded segment is projected to hold a value share of 55.3% in 2034.

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Blister packs offer key advantages such as convenience, dosage control, and tamper evidence, making them ideal for pharmaceutical packaging. The growing demand for pharmaceuticals, driven by rising chronic disease cases and increased health awareness, is expected to further boost blister packaging sales.

Moreover, the development of smart blister packs is revolutionizing the blister packaging industry. Leading players are integrating novel technologies such as RFID tags and sensors into their products, addressing challenges like medication adherence and enhancing overall packaging functionality.

Key Takeaways:

  • Japan’s blister packaging market is expected to reach a value of USD 2.1 billion by 2034, with a projected growth rate of 6.2% CAGR, driven primarily by increased use in the food sector.
  • Carded blister segment to hold a 55.3% value share in 2034.
  • Smart blister packs incorporating RFID tags and sensors are transforming the industry.

Competitive Landscape

With increased environmental concerns, there is a stronger demand for biodegradable and recycled blister packs. Leading blister packaging manufacturers are focusing on creating innovative products with enhanced functionality.

Several players are experimenting with blister package designs to improve their attractiveness and functionality. They offer bespoke blister packaging solutions to fit their clients’ individual branding and product requirements. Furthermore, corporations use methods such as new product launches, alliances, distribution agreements, acquisitions, and facility expansions to acquire a competitive advantage in the marketplace.

Key Players in the Blister Packaging Market

  • Klockner Pentaplast Group
  • Amcor plc
  • Constantia Flexibles GmbH
  • Honeywell International
  • Sonoco Products Company
  • Tekni-Plex, Inc.
  • Uflex Ltd
  • Rohrer Corporation
  • R-Pharm Germany GmbH

Recent Developments in the Blister Packaging Market

  • In January 2024, TekniPlex Healthcare and Alpek Polyester launched the world’s first pharmaceutical-grade blister film made with 30% post-consumer recycled content. This innovative Octal rDPET™ blister film includes PCR content, enabling pharmaceutical companies to stay ahead of upcoming sustainability legislation that is expected to impact packaging across all industries.
  • In February 2024, PulPac and PA Consulting formed the Blister Pack Collective, and Sanofi Consumer Healthcare joined as a member. This alliance intends to reduce single-use plastic packaging by embracing dry molded fiber technology. This will help reduce the 100,000 tonnes of plastic medication packaging used annually.
  • In June 2020, SEA Vision and Marchesini Group introduced a novel blister T&T technology.

Global Blister Packaging Market Segmentation

By Material Type:

  • Plastic
    • Polyvinyl Chloride (PVC)
    • Polyethylene Terephthalate (PET)
    • Polyethylene (PE)
    • Others
  • Aluminum
  • Paper & Paperboard
  • Others

By Product Type:

  • Clamshell
  • Carded

By Technology Type:

  • Cold Forming Technology
  • Thermoforming Technology

By End-use:

  • Food
  • Pharmaceutical
  • Veterinary & Nutraceutical
  • Medical Devices
  • Electronics & Electricals
  • Industrial Goods
  • Consumer Goods

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

About Future Market Insights (FMI)

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

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Sachet Packaging Market to be Worth USD 17,381.9 Million by 2033: Future Market Insights, Inc.

The global sachet packaging market is expected to attain an impressive valuation of  USD 9,814.3 million in 2023 and is projected to reach  USD 17,381.9 million by 2033, expanding at a  CAGR of 5.9% from 2023 to 2033.

This growth is driven by several factors, including increasing demand for convenient and cost-effective packaging solutions across various industries such as food and beverages, pharmaceuticals, and personal care. Sachet packaging offers numerous advantages, including portability, ease of use, and precise portion control, making it an ideal choice for single-serve products and on-the-go consumers.

Additionally, advancements in packaging materials and technologies are enhancing the durability and sustainability of sachets, further fueling market expansion.

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The rising consumer preference for eco-friendly packaging and the growing trend of smaller, single-use packages are also contributing to the market’s positive trajectory. Moreover, the increasing urban population, changing lifestyles, and rising disposable incomes in emerging economies are boosting the demand for sachet packaging.

Manufacturers are focusing on innovative designs and sustainable materials to meet consumer expectations and regulatory requirements. Overall, the sachet packaging market is poised for significant growth, driven by its versatility, cost-efficiency, and alignment with modern consumer trends.

Key Takeaways

  • North America is expected to grow with a CAGR of 5.7% during the forecast period.
  • The market in India is projected to witness a promising CAGR of 9.20% during the forecast period.
  • China is expected to grow at a 9.90% CAGR during the forecast period.
  • By material type, plastic is projected to lead the segment and is estimated to grow with a CAGR of 5.5% during the forecast period.
  • By end-use, personal care, and cosmetic segment is expected to lead the market. It is expected to grow with a CAGR of 5.9% during the projected period.

“Growing demand for small portion size and single-serve products is expected to fuel the demand for sachet packaging over the forecast period,” comments an FMI Analyst

Competitive Landscape

The sachet packaging market is extremely competitive and consists of various key industry players. These players are heavily investing in manufacturing sachet packaging solutions.

The key industry players are Glenroy Inc., Amcor Plc, Huhtamaki Oyj, ProAmpac LLC Constantia Flexibles Group GmbH, AE Adams (Henfield) Ltd, Paharpur 3P, RCP Ranstadt GmbH, Sharp Packaging Services, Sealed Air Corporation.

Key industry players are leveraging organic growth strategies like acquisition, mergers, partnerships, and collaboration in order to enhance their product portfolio. This is expected to fuel the global sachet packaging market.

  • In May 2021, Amcor introduced a high-barrier plastic sheet sachet for packaging powdered chocolate in Columbia. The 25-gram sachet, when recycled, reduces carbon emissions by 50% and water consumption by 83%.
  • In April 2021, Constantia Flexibles acquired Propak, a leading player in the European packaging industry. This merger is generating strong market potential and is proving to be a huge step in film packaging for company’s presence in the rapidly expanding market segment.
  • In July 2022, Unilever, a United Kingdom-based multinational consumer goods company, cooperated with another British multinational packaging and paper group, Mondi. The collaboration was aimed at creating aluminum-free, recyclable paper-based packaging for Colman’s sauces and meal maker range.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global sachet packaging market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the sachet packaging market, the market is segmented on the basis of material type (plastic, paper, aluminum foil, and others), pack size (1 ml to 10 ml, 11 ml to 20 ml, 21 ml to 30 ml, and above 30 ml), packaging machinery (vertical form-fill-seal machines, and horizontal form-fill-seal machines), and application (food, personal care & cosmetics, pharmaceuticals, sealants & adhesives, lubricants & solvents, and other applications) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Key Segments profiled in the Sachet Packaging Industry Survey

By Material Type :

  • Plastic
  • Paper
  • Aluminium Foil
  • Others

By Pack Size:

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

By Packaging Machinery:

  • Vertical Form-fill-seal Machines
  • Horizontal Form-fill-seal Machines

By Application:

  • Food
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Sealants & Adhesives
  • Lubricants & Solvents
  • Other Applications

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Blow Fill Seal Technology Market is Expected to See a Growth of 6.8% CAGR by 2033 | Future Market Insights, Inc.

The projected trajectory of the global blow fill seal technology market foresees an estimated value of USD 3,246.7 million in 2023, poised to surge to an impressive USD 6,206.5 million by 2033. This upward trend signifies a robust sales revenue expansion, anticipating a notable CAGR of 6.8% throughout the forecast period.

The burgeoning pharmaceutical industry, coupled with manufacturers increasingly embracing advanced sterilization technologies like blow fill seal (BFS), is set to propel the global market forward. The adoption of BFS addresses concerns related to human intervention and mitigates the risks of drug contamination during the filling and packaging processes.

This technology presents a myriad of advantages, including packaging flexibility, reduced operating costs, high-level sterility assurance, minimal space and component inventory requirements, as well as a limited workforce necessity. These attributes collectively position BFS as an ideal technology for pharmaceutical companies engaged in drug packaging applications.

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The latest generation of aseptic blow-fill-seal technology machines is specifically dedicated to a whole new range of adapted insertion applications. These modular insertion isolators are typically located outside the categorized machine room, separate from but directly connected to the B/F/S unit through a transfer tunnel.

The isolator and tunnel are typically sterilized with vaporized hydrogen peroxide, and the Class 100 environment within it is maintained by HEPA filtration. This new addition to the aseptic B/F/S system has not only streamlined the insertion process but has also provided a higher level of sterility assurance for products with tips-and-caps and rubber/silicone stoppers inserted under aseptic conditions.

This technology was introduced by Rommelag, incorporating insertion with blow-fill-seal, resulting in an advanced blow-fill-insert-seal technology. During the insertion process, either a preservative-free multi-dose system or a micro-brittle applicator could be inserted according to the requirements.

“Unit dosage packaging, such as prefilled syringes, is in high demand. This, in turn, is spurring the demand for blow-fill-seal technology in the global market. In response to this market dynamic, pharmaceutical companies are strategically integrating BFS technology into their manufacturing processes to meet the escalating demand for unit dose packaging.”- Says Future Market Insights.

Key Takeaways from the Global Blow Fill Seal Technology Market

  • Prefilled syringes and injectable lead the global BFS technology market, capturing half of the value share and are anticipated to increase by 340 BPS points during the forecast period. Ampoules are growing at a CAGR of 6.4% and are expected to gain 1/5th of the market share by the end of 2033. Bottles will gain incremental opportunities worth USD 507.8 million by the end of the forecast years.
  • Polyethylene is dominating the market, gaining more than 61% of the market share in 2023, creating an incremental growth opportunity of USD 2,013.4 million by the end of 2033. Polypropylene is anticipated to record 6.5% during 2023-2033, with an expansion rate of 1.9 times its current market value.
  • The pharmaceutical industry is the prominent user of BFS technology, with 97% of the market share driven by rapid expansion. In the pharmaceutical industry, respiratory is anticipated to generate 1,202.4 million incremental growth opportunities during the forecast years. Food and beverage are expected to expand 1.8 times its current market value in the upcoming years.

Global Blow Fill Seal Technology Market Landscape

Unither Pharmaceuticals SAS, Rommelag SE & Co. KG, Woodstock Sterile Solutions, Curida AS, New Vision Pharmaceuticals LLC, Weiler Engineering Inc, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Nephron Pharmaceuticals Corporation, Horizon Pharmaceuticals Inc, are some of the noticeable players in the market. The tier 1 players in the market hold 10–15% of the overall blow fill seal technology market including GlaxoSmithKline plc, Takeda Pharmaceuticals International AG, and Horizon Pharmaceuticals Plc.

Key Developments

  • In December 2021, Woodstock secured a United States patent for their cold blow fill seal system. This innovative approach involves meticulous temperature control to prevent heat-related damage. It is particularly suitable for medications susceptible to temperature-induced degradation.
  • In January 2021, Berry Global Healthcare introduced Cyrano, their latest blow-fill-seal closure, renowned for its lightweight design. Tailored to minimize plastic usage, Cyrano serves as an accessible solution for various intravenous and infusion systems.

Global Blow fill Seal Technology Market by Category

By Product:

  • Bottles
    • 0.2–100ml
    • 100–500ml
    • Above 500 ml
  • Ampoules
    • 0.1–10ml
    • 10–100ml
  • Vials
    • 0.1–10ml
    • 10–50ml
  • Others (Prefilled Syringes Cartridges & Injectable)

By Material:

  • PE
    • LDPE
    • HDPE
  • PP
  • Others (EVOH etc.)

By End Use:

  • Pharmaceuticals
    • Ophthalmic
    • Injectable
    • Biologics
    • Wound care
    • Respiratory Therapy
  • Food & Beverage(incl. Nutraceuticals)
  • Cosmetics and Personal Care
  • Others (Chemicals etc.)

By Region:

  • North America
  • Latin America
  • Asia Pacific Excluding Japan
  • Western Europe
  • Eastern Europe
  • Middle East and Africa
  • Japan

About Future Market Insights (FMI)

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

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Bulk Container Packaging Market is Supposed to Rise at a CAGR of 6.2% from 2024 to 2034 | FMI

The bulk container packaging market is slated to have a valuation of USD 20.2 billion in 2024. The progress of the market is anticipated to record a significant growth of 6.2% from 2024 to 2034. By 2034, the valuation of the bulk container packaging industry is forecast to be USD 37.2 billion.

The reinvigoration of the chemical, pharmaceutical, and other industries post-pandemic has given a new wind to the bulk container packaging market. Increasing industrial usage of bulk container packaging due to the safety and comfort associated with the packaging solution is seeing the market reach new heights. As trade in the industries increases worldwide, the market is in for rapid growth.

Rigid intermediate bulk containers (RIBCs) remain as popular as ever. However, in conjunction with flexible intermediate bulk containers (FIBCs), they are also seeing increasing adaptation. The increasing twin demand for RIBCs and FIBCs is conducive to the growth of the bulk container packaging market.

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Bulk container packaging overwhelmingly uses plastic as a material. With growing concerns about the impact of plastic use on the environment, plastic use is coming under stringent rules from regulatory bodies, which has the potential to affect the market negatively. However, plastic use is preferred by market players due to its cost-effectiveness.

Key Takeaways from the Bulk Container Packaging Market:

  • The bulk container packaging market is expected to reach USD 20.2 billion in 2024.
  • Plastic is commonly used in bulk container packaging. For 2024, plastic is expected to contribute to 95.1% of the market share by material.
  • Handling of industrial chemicals is where bulk container packaging finds significant use. For 2024, industrial chemicals are anticipated to account for 44.9% of the market share by the end-use segment.
  • India is expected to be one of the leading countries in terms of progress in the market. The country is forecasted to have a CAGR of 7.9% from 2024 to 2034.
  • Other Asian countries with promise for the market include China and Thailand. The market is expected to register a CAGR of 6.8% and 6.6% in China and Thailand, respectively.
  • The market is expected to progress at a CAGR of 5.6% in Canada.

“Bulk container packaging’s capabilities are increasing. The development of new polymers is affording even more security to industrialists. The development of better tracking technology is also keeping the market up-to-date. Thus, there is scope for innovation in regards to material and technology in the market,” opines Ismail Sutaria, Principal Consultant at Future Market Insights

Competition Analysis of the Bulk Container Packaging Market:

Leading market players are looking to gain an even greater foothold in the market. Geographical expansion and acquisitions are some common strategies among higher-end players. However, small-scale players are equipping joint ventures and diversification, providing competition to multinational giants on a local level.

Recent Developments in the Bulk Container Packaging Market:

  • In September 2023, a new manufacturing facility for intermediate bulk containers was opened in Dilovasi, Turkey by Grief Inc.
  • In May 2023, Mauser Packaging Solutions raised the production capabilities of its plant in Gliwice, Poland.
  • In December 2022, the merger of giants Bulk Lift International LLC and Bagwell Supply Ltd. was announced.

Key Companies in the Bulk Container Packaging Market:

  • Greif, Inc.
  • Berry Global, Inc.
  • Sealed Air Corporation
  • DS Smith Plc
  • Mondi Group
  • Bemis Company, Inc.
  • International Paper Company
  • Winpak Ltd
  • Mauser Group B.V
  • Hoover Ferguson Group

Key Segments:

By Product:

  • Flexitanks
  • Bulk Containers
    • Flexible Bulk Containers
    • Rigid Bulk Containers
  • Bulk Container Liners

By Material:

  • Plastic
    • HDPE
    • LDPE
    • LLDPE
    • PP
    • PVC
    • Others
  • Metals
  • Others (Wood, Fiber, Paper Board)

By End Use:

  • Industrial Chemicals
  • Petroleum and Lubricants
  • Food and Beverages
  • Paints, Inks, and Dyes
  • Pharmaceutical
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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According to FMI Gummed Tape Market Size, Forecast, Analysis and Share Surpass USD 1,903.8 Million | 2034, At 3.7% CAGR

The global gummed tape market is set for robust growth, with its market size estimated to be worth USD 1,321 million in 2024 and projected to reach USD 1,903.8 million by 2034. According to the latest forecast, sales are expected to increase at a CAGR of 3.7% between 2024 and 2034. In 2023, the market generated USD 1,259.3 million in revenue, and the industry is anticipated to witness a year-on-year growth of 4.9% in 2024.

The demand for fiber-reinforced gummed tape is particularly strong in the construction and automotive sectors, which collectively account for 72.3% of the total market share. This dominance is driven by the tape’s superior properties, including high tensile strength and tear resistance, making it a preferred choice in these industries.

Brown gummed tape is expected to capture over 75% of the total market share and grow at a CAGR of 4.3% in the coming years. Its popularity in the shipping and logistics sector is driven by its professional, rustic appearance, which enhances brand marketing and customer perception. Made from reinforced paper or fiberglass with water-activated adhesives, brown gummed tape offers high strength and durability while being environmentally friendly due to its use of renewable materials like paper.

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In terms of adhesive types, starch adhesive gummed tape dominates the market, holding 89.3% of the total share. Its versatility, ease of use, and non-toxic nature have made it a top choice across various end-use industries. Starch adhesives are also valued for their safety and eco-friendly properties, as they do not emit harmful chemicals or fumes.

Key Takeaways: Gummed Tape Market

  • The global market recorded a CAGR of 2.5% during the period 2019–2023.
  • New Zealand is projected to account for 32.1% of the market share by 2034, with a CAGR of 2.7% during the forecast period.
  • The USA is expected to showcase a CAGR of 2.3%, driven by growth in the oil and gas sector, which boosts demand for gummed tape.
  • India is expected to hold 34.4% of the South Asia market for gummed tape by 2034.
  • The brown gummed tape segment is anticipated to dominate, holding a 72% market share by 2034.
  • Starch adhesive is expected to represent 84% of the market by 2034.

Competitive Landscape

Key players in the gummed tape sector are creating and bringing new goods to the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.

Key Players in Gummed Tape Manufacturers

  • 3M Company
  • Holland Manufacturing Co. Inc.
  • Intertape Polymer Group Inc.
  • Shurtape Technologies LLC
  • Loytape Industries Sdn.Bhd
  • Papertec, Inc.
  • LPS Industries, LLC
  • Windmill Tape & Labels Ltd.
  • Neubronner GmbH & Co.KG
  • MAXFEL SRL
  • Can-Do National Tape.
  • Suzhou Tongxie Adhesive Tape Co
  • Ibergum, S.A
  • Waterproof Corporation Pvt Ltd.

Key Developments in Gummed Tape Market

  • In May 2024, 3M expanded its presence in Valley, Nebraska, with the aim of increasing plant’s manufacturing capacity.
  • In April 2024, Shurtape Technologies LLC launched a new CR 400 Performance Grade Curbside Recyclable Paper Packaging Tape designed for strength and sustainability in a range of manual and automated package sealing applications in an industrial setting.
  • In September 2023, Intertape Polymer Group Inc. introduced the new 170e water based carton sealing tape, designed with 30% recycled film.

Gummed Tape Market Segmentation

By Backing Material:

In terms of backing material, the industry is divided into paper gummed tape and fiber reinforced tape.

By Product Type:

Few of the important product type include white gummed tape and brown gummed tape.

By Adhesive Type:

Some of the important adhesive type include starch adhesive and others.

By Application:

Important applications of gummed tape include box and carton sealing, splicing and others.

By End Use Industry:

Some of end use industries related to gummed tape market include shipping and logistics, building and construction, food and beverages, electrical and electronics, automotive, healthcare and hygiene, metalworking, oil and gas, general industries and consumer good.

By Region:

Key countries of North America, Latin America, East Asia, South Asia, Europe, Oceania, Middle East and Africa are covered.

About Future Market Insights (FMI)

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

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Drug Discovery Informatics Market Set for Rapid Growth, Projected to Reach USD 12.5 Billion by 2033

The global drug discovery informatics market is poised for significant expansion, according to a comprehensive analytical report from Future Market Insights. Valued at USD 2.9 billion in 2022, the market is projected to soar to an impressive USD 12.5 billion by 2033, reflecting a robust Compound Annual Growth Rate (CAGR) of 14.4% from 2023 to 2033. This growth highlights the increasing importance of data-driven solutions in the drug discovery process, driving advancements in pharmaceutical research and development.

The report identifies Discovery Informatics as the primary driver of this exponential growth, with an anticipated CAGR exceeding 15% during the same period. This revelation underscores the pivotal role informatics plays in reshaping the pharmaceutical and biotechnology industries, particularly in optimizing the drug development process.

The Drug Discovery Informatics Market stands at the forefront of innovation, leveraging computational tools, software, and data analytics solutions to expedite and enhance the drug discovery and development process. These advancements are crucial in meeting the increasing demand for novel and targeted therapies, driving the integration of informatics to streamline complex workflows in drug research.

As the pharmaceutical and biotechnology industries continue to evolve, the significance of informatics in drug discovery is becoming increasingly evident. Companies operating within this space are poised to capitalize on the growing demand for efficient and effective solutions that accelerate the pace of drug development while ensuring regulatory compliance and safety standards.

With the projected growth trajectory of the global drug discovery informatics industry, stakeholders are urged to stay abreast of market trends and technological advancements to capitalize on emerging opportunities and drive innovation in the quest for improved healthcare outcomes.

Key Factors Driving the Market:

  • Increasing Complexity of Drug Discovery: The drug discovery process involves a vast amount of data from various sources, including genomics, proteomics, and chemical libraries. Informatics tools help in managing and analyzing this data effectively.
  • Rising R&D Costs: The cost of developing a new drug is substantial, and pharmaceutical companies are under pressure to optimize their R&D processes. Drug discovery informatics offers ways to improve efficiency and reduce costs.
  • Advancements in Computational Methods: The growth of computational power and sophisticated algorithms has enabled more accurate simulations and predictions, reducing the need for extensive laboratory testing.
  • Personalized Medicine: The trend towards personalized medicine requires tailoring treatments to individual patient characteristics. Informatics helps in identifying patient subgroups that may respond differently to treatments.
  • Big Data and Omics Data Integration: The availability of vast amounts of biological and chemical data requires advanced informatics tools to integrate, analyze, and extract meaningful insights.
  • Drug Repurposing: Informatics tools can assist in identifying existing drugs that might be repurposed for new therapeutic indications, saving time and resources.

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Key Takeaways:

  • The largest market, with a value of USD 4.1 billion, is anticipated to be in the United States by the end of 2033. From 2015 to 2022, it expanded at a considerable CAGR of 12.3%; going forward, it is anticipated to increase at a CAGR of 14.4%. One of the factors propelling the Drug Discovery Informatics market in the region is a rising emphasis on data-driven solutions by biotech and pharmaceutical firms.
  • By 2033, the market in the United Kingdom is projected to be worth USD 669 million, expanding at a CAGR of 16% between 2023 and 2033. During the projection period, the market is expected to generate an absolute dollar opportunity of USD 514 million.
  • By 2033, the market in Japan is projected to be worth USD 731 million. The market in the nation is anticipated to generate an absolute dollar potential of USD 597 million during the forecast period, expanding at a CAGR of 18.7%.
  • From 2023 to 2033, the market in South Korea is anticipated to expand at a CAGR of 12.8%. The industry is anticipated to see an absolute dollar potential of USD 194 million during this time and reach USD 275 million by 2033.

Competitive Analysis:

  • Certara
  • Boehringer Ingelheim International GmbH
  • Infosys Ltd.
  • Charles River Laboratories
  • Collaborative Drug Discovery, Inc.
  • Eurofins DiscoverX Products
  • Jubilant Biosys
  • Selvita
  • Novo Informatics Pvt. Ltd.
  • ChemAxon Ltd.
  • Albany Molecular Research Inc.
  • Oracle
  • Accenture
  • Agilent Technologies, Inc.
  • Illumina, Inc.

Some of the recent developments of key Drug Discovery Informatics providers are as follows:

  • In April 2022, Iktos, a provider of Artificial Intelligence for new drug design announced their collaboration with Teijin Pharma Limited to evolve Artificial Intelligence for small molecules drug discovery.
  • In January 2022, Shanghai Fosun Pharmaceutical collaborated with Insilico Medicine for the discovery and development of drugs utilizing AI technology.

Segments Covered in Drug Discovery Informatics Market Analysis:

By Technique:

  • Discovery Informatics
    • Identification, Validation, & Assay Development Informatics
    • Lead Generation
    • Enzymes
    • Other Cleanings
  • Development Informatics
    • Lead Optimization
    • FHD Preparation
    • Phase IA
    • Phase IB/2

By Mode:

  • Outsourced
  • In-house

By Services:

  • Sequence Analysis Platforms
  • Molecular Modelling
  • Docking
  • Clinical Trial Data Management
  • Other Services

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

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