“Expanding Industrial Sector and International Trade Bolster Global Rigid Industrial Packaging Market Growth to reach US$ 42.5 Billion by 2029

The rigid industrial packaging market is estimated at US$ 31.1 Billion in 2022 and is projected to reach US$ 42.5 Billion by 2029, at a CAGR of 4.6% from 2022 to 2029.

Growing industrialization is anticipated to boost the growth of the rigid industrial packaging market. The demand for chemicals and pharmaceuticals is increasing at a good pace and positively influencing the growth of the rigid industrial packaging market. Rigid industrial container manufacturers can capitalize on intercontinental trade for petrochemical, oil, and gas industries.
Rigid industrial packaging sold ~1.85 billion units in 2018, equivalent to a value of $31.1 billion. Rigid industrial packaging is gaining increasing momentum in several commercial sectors due to improved protection against harsh environmental factors. According to FMI’s research, rapid industrialization and growing demand for chemicals and pharmaceuticals continue to influence the growth prospects of the rigid industrial packaging market.

To Get a Sample Copy of the Report visit@  https://www.futuremarketinsights.com/reports/sample/rep-gb-10086

The Major Key Players Are:

  • Greif, Inc.
  • Mauser Group B.V.
  • Cleveland Steel Container
  • Hoover Ferguson Group
  • Time Technoplast Ltd.
  • Snyder Industries, Inc.
  • Schuetz GmbH & Co. KGaA
  • Thielmann US LLC
  • Custom Metalcraft, Inc.
  • Automationstechnik GmbH
  • Transtainer
  • Others

Manufacturers seize opportunities in the chemical industry.
According to this study, one of the important growth drivers is the increase in intercontinental trade activity, which requires the use of robust industrial packaging formats in new industries such as biochemicals, food grade ingredients and processed foods. Additionally, the market is highly dependent on four major end-use industries including Chemicals and Solvents, Food and Beverage, Oils and Lubricants, and Automotive.
Despite the swirling clouds surrounding plastic’s adverse effects, manufacturers continue to use plastics as a convenient material for rigid industrial packaging because of their technological and operational advantages and lower cost over metal. Sales of rigid containers made of plastics, accounting for ~50% of sales in 2018, will witness significant growth going forward, driven by their lightweight properties and advances in polymer processing technology. However, the low degradability of plastics remains a major concern for manufacturers and end users.

Ask an Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-10086

Rigid Industrial Packaging Market by Category

By Product Type:

  • Drums
    • Steel Drums
    • Plastic Drums
    • Composite Drums
  • Rigid IBCs
  • Pails
  • Bulk Boxes
  • Others

By Material Type:

  • Plastic
  • Metal
  • Paper & Wood
  • Fiber

By End Use:

  • Chemicals & Solvent
  • Oil & Lubricants
  • Agriculture & Horticulture
  • Automotive
  • Building & Construction
  • Food & Beverage
  • Pharmaceuticals & Medical Devices
  • Others

Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-10086

Frequently Asked Questions (FAQs)

  • What will be the growth of Rigid Industrial Packaging Market in the coming years?
  • Who are the key players in the Rigid Industrial Packaging Market?
  • What will be the size of Rigid Industrial Packaging Market in the foreseeable future?
  • Which end-use type is expected to register significant growth in the Rigid Industrial Packaging Market?
  • Which region accounted for the largest share in the Rigid Industrial Packaging Market?
  • Who are the target audience in the Rigid Industrial Packaging] Market?

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

Contact:
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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Rising Industrialization and International Trade Fuels Global Steel Drums and IBCs Market Growth by 2029

The global Steel Drums & IBCs Market is expected to hit a market value of US$ 16 Bn by 2022, and is expected to reach US$ 22.5 Bn expanding at a CAGR of 4.8% from 2022-2029.

FMI’s new study estimates growth to hover at 4.8% mark during the next decade. Increasing global trade and growing proclivity to invest in efficient transportation are supporting market growth, according to the authors of the report.

Request a report sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-10079

Increasing focus on achieving cost-effectiveness in logistics, along with growing transportation of hazardous and non-hazardous materials have brought steel drums and IBCs at the center stage. Moreover, as steel drums & IBCs are considered as one of the safest forms of packaging for dangerous goods such as chemicals, demand has remained steady over the years. The market is likely to be influenced by reusability that results in cost-savings in reverse logistics and traceability that enhances consumer services.

Growing Demand for Steel Drums & IBCs in China

East Asian countries continue to offer significant opportunities for steel drums & IBC manufacturers. The demand for steel drums & IBCs in China, South Korea, and other East Asian countries is majorly driven by increased spending on trade activities and the growing demand for chemical packaging. The growing investments in increasing production facilities is likely to create significant growth opportunities for market players over the course of the forecast period.

In addition to East Asia, South Asia is likely to remain a lucrative region for the steel drums & IBCs market on account of the expansion of end-use industries which are likely to push the demand during the assessment period. Expanding cross-border trade witnessed across this region is expected to propel sales of steel drums & IBCs. Further, key investments in the European economies focused at IBC production by companies such as Mauser Packaging Solutions and Greif reflect the opportunities offered by the European economies.

Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-10079

Chemical Industry Remains the Largest Consumer

Major consumption of steel drums and IBCs is witnessed across the chemical sector. The chemical segments is expected to hold approximately 40% share in the global steel drums & IBCs market in 2022. The growing incidents of storage and transportation of hazardous chemicals is expected to support this consumption as steel drums & IBCs are perceived to be safe packaging solutions for such goods.

As chemicals pose health risks on leakage and leach, the demand for packaging solutions that prevent exposure to external environment continues to rise, driving steel drums & IBCs’ demand. Another factor supporting the growing consumption of steel drums & IBCs for chemical packaging is the increasing inclination towards sustainable packaging solutions, considering the negative environmental impact of plastic which has been previously used for chemical storage and transport owing to its higher safety standards.

Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-10079

Companies operating in the steel drums & IBCs market focus on maximizing the production on account of the constant demand growth from the chemical and petroleum and lubricants. Apart from these sectors, newer solutions are also being designed to address the requirements of the food processing and pharmaceutical sectors which include exceptional performance, enhanced handling and labor savings.

Moreover, manufacturers continue to emphasize production of customized solutions that are designed to meet specific end-use requirements. Leading manufacturers of steel drums & IBCs are likely to consider expansion of global footprint through acquisitions or collaborations with regional providers.

About Us

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

Contact:

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

LinkedIn| Twitter| Blogs

Microfiber Cleaning Cloth Market is Set to Witness a Steady Increment at a CAGR of ~4.5% During the Forecast Period by 2031

According to the latest research by Future Market Insights, the microfiber cleaning fabric market is set to witness a steady increment at a CAGR of ~4.5% during the forecast period.

Microfiber is an artificial material that is made up of a blend that is finer than thread whose diameter is in micrometre. These microfibers are used for the manufacturing of cleaning cloths. The growing awareness regarding the hygiene and cleaning and benefits of microfiber is fuelling the market growth.

Microfiber Cleaning Cloth Market Forecast and CAGR

According to the latest research by Future Market Insights, the microfiber cleaning fabric market is set to witness a steady increment at a CAGR of ~4.5% during the forecast period. Microfiber is an artificial material that is made up of a blend that is finer than thread whose diameter is in micrometre.

These microfibers are used for the manufacturing of cleaning cloths. The growing awareness regarding the hygiene and cleaning and benefits of microfiber is fuelling the market growth.

What is Driving Demand for Microfiber Cleaning Cloth?

The main raw material used in the manufacturing of the microfiber cleaning fabric is polyamide and polyester which helps in retaining moisture through direct contact. This cloth also has large durability and electrostatic and filtering properties that make it capable of cleaning surfaces easily.

Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13827

This is some advantage of the cloth that is anticipated to fuel the market growth of the microfiber cleaning fabric during the forecast period.

Microfiber cleaning fabric has become the most common choice of people due to the excellent performance of blend of polyester and polyamide like bio-degradation, hygroscopic nature, regeneration, and softness. Furthermore, the increasing demand for a cleaning solution in the residential as well as commercial sector increases the sales of this cloth.

Furthermore, people are more excited to use cleaning cloth made with microfiber because this single cloth has multiple uses such as the ability to polish the glass and mirror, cleaning up spills, and even the toughest stains, wiping countertops, drying plates and cooking utensils, cleaning windows, and dust. Hence, this microfiber cleaning material substitutes in place of all other materials used for cleaning purposes.

Factors that Likely to Augment Microfiber Cleaning Cloth Sales

With the growing urbanization, people living extravagant life around the globe are spending on household care products like microfiber cleaning material, which is propelling its growth in the market.

Along with this, microfiber cleaning material has the ability of super absorption technology, that is, this cloth is made up of polymer that collects liquid and dirt up to ten times its weight. And also, has a tendency to dry in the air. That is why this type of cleaning cloths are in trend in the market.

Furthermore, customers are more attracted to origami non-woven cleaning cloths because these types of clothes are easy to wash and clean the wet surface efficiently. Such advancement gives a positive impact on the market growth.

Moreover, this cloth lowers the chances of slipping, especially kids and elder people because these clothes are unlike traditional mop that takes time to dry this cloth is dry faster and no trace of water is left behind. This is another factor that is expected to propel its sales in future and help the players to strengthen their presence in the market.

The Outbreak of Novel Coronavirus on Microfiber Cleaning Cloth Market

In the outbreak of the novel COVID-19 pandemic, the manufacturing industries are either temporarily halted or are opened with a minimum workforce because of the imposed restrictions or the enforced lockdown by the regional governments.

Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-13827

Also, the changing consumer buying preference affects the microfiber cleaning fabric market. Moreover, the non-renewable and non-biodegradable properties of the cloth is a factor that may impede the growth of the market in the coming years.

The US and Canada Microfiber Cleaning Cloth Market Outlook

The changing lifestyle and growing population index of the U.S. and Canada are prominent reasons for the increment in the number of hotels and restaurants in the region which is driving the demand for microfiber cleaning fabric.

This cloth is very helpful in the kitchens. This cloth is used for wide purposes, like keeping the kitchen clean, drying hands and cleaning dishes, cutting boards, knives and also, used for cleaning glass and mirrors in the hotels as it is smear-free and lint-free.

Furthermore, the people of the US generally have a shortage of time because both males and females are doing jobs in the region, so they generally prefer cleaning cloth made up of microfiber because this cloth is easy to wash and dry.

Europe Demand Outlook for Microfiber Cleaning Cloth

The most technologically advanced generations are thought to be the youngest ones. They are also environmentally conscious and advocate for the usage of sustainable products. Teenagers in Europe are enthusiastic about lowering their carbon impact and promoting long-term sustainability.

They are more likely to alter their behaviour in order to lessen their carbon footprint or to support eco-friendly businesses. That is why they are trying to avoid cleaning cloths made up of synthetic chemicals and contains toxic dyes.

They have therefore shifted their choices towards cleaning cloth made up of microfibers. This cloth has reusable microfiber cleaning with no harmful chemicals for the health of people, the well-being of their families, and the sustainability of the planet.

Furthermore, these microfiber cloths are used in the medical sector and laboratories in the region because they have the ability to trap particles of dirt that would be missed by other cleaning materials. Also, this reduces the expenses of chemical cleaning in the sector.

Apart from this, microfiber cleaning material featuring a long-lasting and durable design. Considering the factors above Europe might be suitable for setting up the cleaning cloth industry as it can provide more profits for the players.

Who are the Key Manufacturers and Suppliers of Microfiber Cleaning Cloth?

Some of the leading manufacturers and suppliers of microfiber cleaning fabric include

  • TORAY INDUSTRIES, INC.,
  • GREEN CLIMATE FUND,
  • Scotch-Brite 3M,
  • Norwex USA,
  • KITA,
  • Freudenberg Home and Cleaning Solutions GmbH.,
  • Atlas Graham Furgale,
  • kingmaxclean,
  • Zwipes,
  • Wong’s Cleaning Service Company Limited.,
  • Target Brands, Inc.,
  • EC21 Inc.,
  • Medline Industries, Inc.,
  • E-Cloth Inc.,
  • S&P Global, WELCRON CO., Ltd,
  • Eurow,
  • UNGER Germany GmbH,
  • GameX, Toray Industries Inc., and many others.

Request Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-13827

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.

Key Segments

By Raw Material:

  • Multicomponent
  • Monocomponent

By End-Use:

  • Household Use
  • Commercial and Industrial
    • Healthcare
    • HoReCa (Hotels, Restaurants & Cafes)
    • Commercial
    • Public Interest
    • Industrial
  • Car Care
    • Personal
    • Auto Repair Shop
    • Car Wash Center

By Price Range:

  • Under US$30
  • US$30-US$60
  • US$60-US$90
  • US$90 & above

 By Distribution Channel:

  • Direct Sales
  • Hypermarkets/ Supermarkets
  • Online retailing
  • Others

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Read Related Reports@

https://spurstartup.mn.co/posts/35371957?utm_source=manual

https://midiario.com.mx/read-blog/23986_leather-goods-market-size-growth-analysis-by-product-and-the-forecast-period-of.html

https://onmybet.com/read-blog/19653_leather-goods-market-size-growth-analysis-by-product-and-the-forecast-period-of.html

https://www.dizalty.com/read-blog/25332

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

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

Ceramic Barbeque Grill Market to Grow at a Rate of 4.5% By 2032 | Data analysis by FMI

The global ceramic barbeque grill market is expected to be valued at US$ 910.8 Million in 2022. Demand for Ceramic Barbeque grill will witness steady growth attributing to the rising number of outdoor recreational activities. Additionally, the opening of new bars, restaurants, fast-food joints, and the various health benefits of food cooked in grills are likely to project high sales of Ceramic Barbeque grills.

Ceramic Barbeque Grill Market Forecast and CAGR

The Ceramic Barbeque grill market is set to witness steady growth during 2021-2031, with a CAGR of around 4.5%. Demand for Ceramic Barbeque grill will witness steady growth attributing to the rising number of outdoor recreational activities. Additionally, the opening of new bars, restaurants, fast-food joints, and the various health benefits of food cooked in grills are likely to project high sales of Ceramic Barbeque grills.

What is Driving Demand for Ceramic Barbeque Grill Market

Evolving end-user demand for lightweight and long-lasting cooking equipment is likely to favor the growth in demand for Ceramic Barbeque grills. Additionally, the changing preferences of individuals of outside gatherings, participating in outdoor sporting activities are expected to expand the demand for the Ceramic Barbeque grill industry.

Request a sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-13825

Moreover, the Ceramic Barbeque grills are an impeccable invention, having vast usability in both residential and commercial sectors. The traditional Ceramic Barbeque grills have always been an efficient mode of cooking as it consumes comparatively much lesser amount of fuel and its unique shape favors the ability to quickly raise the temperature of the inner surroundings.

Sales of Ceramic Barbeque grill go through a cyclical boom-and-bust, which has remained a longstanding challenge for manufacturers. The fluctuation has meant that many manufacturers are often caught off-guard with respect to capacity utilization and expansion.

Product Innovation Likely to Augment Ceramic Barbeque Grill Sales

Sales of Ceramic Barbeque grills are likely to grow due to the growing demands of customers, who have encouraged the manufacturers and suppliers to provide grills with new technology and features. The introduction of touch screen controls, temperature measurement, in-built safety control systems, and options to redirect the heat flow is likely to create opportunities in various service sectors, therefore, boosting the sales of Ceramic Barbeque grills.

Cooking appliances sales around the globe have been impacted by the COVID-19-induced slowdown. This has also had a ripple effect on cooking components and material sales. As lightweight and innovation is a key focus area for all the industries OEMs, Ceramic Barbeque grill manufacturers are likely to witness various opportunities in the future.

Additionally, the innovation in the material used for the production of Ceramic Barbeque grills such as stainless steel and other alloys extends the life of the product. The manufacturers are investing in R&D facilities to use materials that have a longer lifespan. Further, the availability of various sizes of Ceramic Barbeque grills expands the market reach by providing the customer with desired products. Therefore, the sale of Ceramic Barbeque grills is projected to grow.

COVID-19 Impact on Ceramic Barbeque Grill Market

The sudden outbreak of Coronavirus had hit the global public health emergency hard and had affected the economic activities of all the industries, the Ceramic Barbeque grill industry is no different. The regulations ruled out by the government to maintain social distance, neglect unnecessary movement, and pause of trading of materials had affected the working of industries.

Further, the shutdown of industries caused a lack of strength for employees, reducing the production capacity and shortage of logistics reduced the market share.

The changing preferences of individuals, growing purchasing of essential products led to the downfall of demand for Ceramic Barbeque grills. Many regions that relied upon the trading of materials to maintain the economy were affected majorly as their market presence and share dropped.

Ask an Analyst@ 
https://www.futuremarketinsights.com/ask-question/rep-gb-13825

U.S. and Canada Ceramic Barbeque Grill Market Outlook

The U.S. is one of the largest markets for Ceramic Barbeque grill globally. The US Ceramic Barbeque grill market is set to trend on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to remain muted in the next couple of years, as a number of end-use industries make a gradual recovery.

Demand for Ceramic Barbeque grill in U.S. and Canada is projected to grow owing to the rising demand and adoption of grills due to the various health benefits as it consumes less oil, provides the higher nutritional value of food, and others. Further, the culture in the countries of North America promotes outdoor gatherings and the presence of a high economy reduces the cost price of products, therefore, growing the sales of Ceramic Barbeque grills.

Europe Demand Outlook for Ceramic Barbeque Grill

European market, especially the western area with countries like Germany, the U.K., France, Italy are likely to project higher sales of Ceramic Barbeque grills. The upsurge in demand for innovative and efficient products such as hybrid and electric grills are expected to boost the sales of Ceramic Barbeque grills.

Moreover, the forever-running trend of gathering and giving treats to family and friends that has become a pattern in the European culture and the rising number of restaurants, breweries, fast-food joints are likely to expand the demand for Ceramic Barbeque grills.

Additionally, many countries in Europe have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, the presence of favorable government and adapting and evolving nature of manufacturers and suppliers are likely to help them recover from the fallback and thus, create new opportunities for all industries including Ceramic Barbeque grills.

Who are the Key Manufacturers and Suppliers of Ceramic Barbeque Grill?

Some of the leading manufacturers and suppliers of Ceramic Barbeque grill include

  • KimodoCeramic Barbeque, Ceramic Barbeque Joe®
  • Royal Gourmet Corporation,
  • BIG GREEN EGG
  • Yixing Mcd Oven Co. Ltd.
  • Wuxi M.Y. Advanced Grill Co., Ltd.
  • Argos Limited, Bull Europe Limited,
  • LANDMANN GmbG & Co.
  • Handels-KG,
  • JUJIAN AUPLEX CERAMIC BARBEQUE GRILL
  • Breakaway
  • com,
  • GRILL DOME CERAMIC BARBEQUE
  • Onward manufacturing Company Ltd.
  • Cox Brothers Electrical Company Ltd.
  • and many others.

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.

Key Segments

By Size:

  • 13 Inch – 15 Inch
  • 16 Inch – 22 Inch
  • 23 Inch & Above

By Product Type:

  • Gas
  • Charcoal
  • Electric

By End Use:

  • Residential
  • Commercial

By Distribution Channel:

  • Wholesalers/ Distributors
  • Supermarkets/ Hypermarkets
  • Independent Kitchen Appliances Stores
  • Online Retailers
  • Others

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Request a TOC@
https://www.futuremarketinsights.com/toc/rep-gb-13825

Read Related Reports@

https://club.vexanium.com/post/leather-goods-market-trends-size-share-regional-analysis-by-key-players-ind–644232dabf0872093921583a

https://www.shtfsocial.com/blogs/59096/Leather-Goods-Market-Trends-Size-Growth-Insight-Share-Competitive-Analysis

https://social.studentb.eu/read-blog/90567

https://the-trifecta-network.mn.co/posts/35371955?utm_source=manual

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

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

Growing Environmental Concerns Drive Demand for Compostable Foodservice Packaging Solutions Worldwide, US$ 29.3 billion by 2033

According to Future Market Insight, the global market for compostable foodservice packaging is forecast to reach US$ 18.9 billion in 2023 and accelerate at a moderate CAGR of 4.5% during the assessment period (2023 to 2033). Overall compostable foodservice packaging sales are predicted to total a valuation of US$ 29.3 billion by 2033.

Rising demand for eco-friendly and sustainable packaging solutions across diverse end-use industries to reduce environmental pollution levels is a key factor driving the global compostable foodservice packaging market forward.

Similarly, rising awareness levels, the growing need for achieving the sustainability goal among the brands, and the implementation of stringent government regulations on the usage of single-use plastic products are expected to push the demand for compostable food service packaging.

Rising industry standards and the introduction of technology solutions into the paper market are creating future growth prospects for the compostable food service packaging market.

Initially, waste was generated by paper producers due to a lack of adequate paper-making machinery. Owing to technological advancements, waste created may now be repurposed as a raw material for creating paper or other products, which was previously not feasible due to a lack of required technologies.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3210

 With plastics becoming one of the biggest challenges in the world right now, brands prolifically using such materials will need to act quickly to find reliable alternatives. Technological innovations are being made to reduce the price of compostable foodservice packaging, and FMI’s study assesses that the global efforts to become a more sustainable society will be instrumental in creating new growth opportunities for the market vendors.

Trays Continue to Gain Preference Over Other Packaging Format

According to the study, the composite foodservice packaging market is estimated to grow at a CAGR of approximately 5% through 2029. One of the key growth drivers is a notable spike in the number of quick service restaurants (QSRs), especially in developing countries, which align with todays’ convenience and on-the-go culture. In addition, surging adoption of foodservice disposables, in the view of an increase in the demand for pre-packed food, has been preparing the grounds for compostable foodservice packaging penetration.

The study finds that compostable trays continue to account for relatively large share of manufacturers’ bottom lines, while more focus has been placed on increasing the production of compostable cups, as the category is witnessing rising demand from a multitude of end-use sectors. As the search for sustainable solutions scales up, companies operating in packaging industry are starting to launch a number of products made entirely from plant-based materials including mushroom roots, bagasse, seaweed, and starch derived from maize.

Get In Touch With Our Team For 20% Flat Discount

Key Takeaways from Compostable Foodservice Packaging Market

  • By material type, paper & paperboard segment is expected to expand at 5.5% CAGR during the forecast period.
  • The molded fiber sub-segment of paper & paperboard category is projected to register a CAGR of 6.9% between 2023 to 2033 due to its 100% biodegradable and compostable feature.
  • Based on product type, cups and trays segments collectively are estimated to account for around 48% of the market value share by the end of 2033.
  • By end use, delivery catering segment is anticipated to expand at 1.6 times the current market value during the forecast period.
  • Western Europe holds a significant portion of the global compostable foodservice packaging industry owing to the presence of strict recycling laws.
  • The USA compostable foodservice packaging market is forecast to create a growth opportunity of US$ 582.7 million during the assessment period.
  • Demand for compostable foodservice packaging across Germany is poised to increase at 3.1% CAGR throughout the forecast period.

 “A gradual shift from plastic foodservice packaging to greener material-based paper foodservice packaging has been witnessed in the past year. Biodegradable materials such as wood, corn starch, etc. offer sustainability added with proper packaging. Therefore, they have become ideal for making foodservice packaging,” says an FMI analyst.

Increased Consumption of Pre-Packaged Food Augmenting Sales of Compostable Foodservice Packaging

Pre-packaged food is packed food whose contents cannot be accessed without tampering with the package, which makes it a safe and hygienic food choice for customers. Factors like convenience, lower prices, busy lifestyles, and low effort are responsible for the growth of pre-packaged and ready-to-eat food, which is shaping the compostable foodservice packaging market.

Pouches and sachets are highly suited to pre-packaged food. The rise in portion-size food packs and healthy packaged foods is shaping the growth of pre-packaged foods. High-end machines and fast food processing and packaging equipment are responsible for the fast-paced growth of packaged food.

FMCG companies are hopping on the RTE (ready-to-eat) bandwagon and providing healthier varieties of existing snacks like cookies, chips, and candy. This is increasing the demand for pre-packaged food. The preference of customers for hygienic packaging is making brands shift towards more sustainable packaging materials. A recent example could be aseptic carton ready-to-drink beverages and replacing plastic straws with paper straws.

Rapid Expansion of Foodservice Industry to Boosting Compostable Foodservice Packaging Market

One of the most thriving and dynamic industries in the world is the foodservice industry. The sector has already unmatched growth, and it continues to generate revenue and create potential jobs. The development of the food production sector and the popularity of portable meals has improved the foodservice packaging sector.

The market for foodservice packaging is being further stimulated by the changing demographics and the increased internet usage among Generation Z. As more young people consume healthy, high-quality food that is packaged in hygienic ways, adoption of packaging solutions such as compostable cups, bowls, trays, etc. is increasing rapidly across foodservice industry.

Ask An Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-3210

The bottom-up and top-down approaches have been used to estimate the Compostable Foodservice Packaging market by type, end-use industry and region. The research methodology is used to calculate the market size includes the following steps:

The size of the Compostable Foodservice Packaging market has been derived from the aggregation of the market shares of the leading players for each product, and the forecast is based on the analysis of market trends, such as pricing and consumption of Compostable Foodservice Packaging in various end-use industries.
The key players in the Compostable Foodservice Packaging market have been identified through secondary research, and their revenues have been determined through primary and secondary research.
The size of the Compostable Foodservice Packaging market, by region, has been calculated by using the market sizes of each product in each end-use industry.
The size of the Compostable Foodservice Packaging market for each end-use industry, in terms of value, has been calculated by multiplying the market shares by the global value.

About Future Market Insights, Inc.

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

Contact:
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

Bounding Table Market is Set to Witness a CAGR of 6.1%- 6.9% During Forecast Period by 2031

The bounding table comes in solid fabric device that is stretched over a steel frame with the help of coiled springs and taut pieces. These are widely used by individuals for recreational and competitive purposes.

Furthermore, the bounding table has a folding mechanism that helps to carry the bounding table from one place to another. As a result, demand for these table will witness steady recovery in short-term, with an optimistic growth outlook in the long-run.

Bounding table market is set to witness a CAGR of 6.1%- 6.9% during 2021-2031.

Get Sample of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-13817

What is Driving Demand for Bounding Table Market?

Growing awareness among individuals about the various health benefits associated with the bounding activity such as improved lung capacity, increased energy levels, improved muscle tone, strengthen heart, lymphatic system function, and others. This is primary factor expected to boost growth of the global market over the forecast period.

In addition, there is an increase in the adoption of recreational bounding table in many places including playgrounds, schools, gyms, homes, adult health clubs and others which, in turn, is driving the demand for bounding table. Moreover, growing preference for competitive bounding table among athletes for trampolining Olympic sport are major factor projected to fuel growth of the target market during the forecast period.

However, the COVID-19 pandemic has dramatically changed the preferences of an individual’s social interaction which has reduced the demand for bounding tables. Various factors such as temporary pause of trading between countries, lack of employees, and raw material has affected the production capacity, therefore, impacted the sales of bounding tables.

New Product Development Complementing the Bounding Table Market Sales

The use of the bounding tables is not just limited to recreational activities but manufacturers are looking for new ways to enter the market with innovative products.

As a result, smart bounding table are entering the market, providing customers with a learning and interactive experience. For instance, Spring Free has developed a smart bounding table called Spring Free, which has sensors attached to its mat that helps improve coordination and creative thinking skills while exercising. Smart bounding table also offers water and weather resistance, child safety technology, and other features such as leaderboards.

Ask Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-13817

In addition, the penetration of e-commerce platforms all around the globe drive the growth of the bounding table market. Online store has turned out to be convenient way to buy products and services. Furthermore, shopping from e-commerce platforms is less costly as the costs associated with market intermediaries on online shopping sites are lower.

For this reason, online stores offer bounding table at lower prices, thereby increasing the demand for bounding table on e-commerce platforms. Bounding table manufacturers like Spring Free, JumpSports, Plum Products, and Upper Bounce have started partnering with various online retail stores around the world to escalate their customer base.

US and Canada Bounding Table Market Outlook

In the U.S, the bounding table market is booming over the past few years and is expected to rise owing to spurring consumer’s income and their spending capacity.

Due to the high popularity of the Olympic trampoline sport and the growing number of athletes in the region in countries such as the U.S and Canada, the North American market has the highest revenue share in the global market.

Further, the growing number of parks across the region is a major factor driving the uptake in the global bounding table market.

Europe Demand Outlook for Bounding Table Market

The demand for bounding table in the European market is estimated to grow significantly in the upcoming years. High adoption of residential bounding table among parents due to increasing children obesity concern and high health consciousness among individuals in countries such as Germany and U.K in the region is expected to drive the demand for bounding table in the market.

In addition, the rapid growth of the e-commerce industry in the region creates lucrative market opportunities for producers to enter the market to gain a competitive market share, thus leading to product demand.

Who are the Key Manufacturers of Bounding Table Market?

Some of the leading manufacturers of bounding table market

  • JumpSport, Inc.
  •  Skywalker
  • Pure Fun
  • Vuly
  • Domi Jump. Inc
  • Stamina Products, Inc.
  • Airmaster Trampoline
  • Upper Bounce
  • Luna
  • Springfree Trampoline Inc.
  • Jump King
  • Plum Products
  • Fourstar  among others

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.

Request Complete TOC @
https://www.futuremarketinsights.com/toc/rep-gb-13817

Key Segments

By Bounding Type:

  • Mini Bounding Table
  • Medium Bounding Table
  • Large Bounding Table

By Application:

  • Residential Use
  • Commercial
    • Schools
    • Gyms
    • Amusement Place
    • Playground
    • Adult Health Club
    • Others

By Sales Channel :

  • Hypermarkets/Supermarkets
  • Independent Stores
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Direct Sales
  • Other Sales Channel

Read Related Reports@

http://bedfordfalls.live/read-blog/33878_leather-goods-market-share-development-forecast-to-2033.html

https://axisflare.com/read-blog/84273_leather-goods-market-share-development-forecast-to-2033.html

https://omiyou.com/read-blog/31115_leather-goods-market-supply-demand-market-value-infrastructure-and-competition-2.html

https://vherso.com/read-blog/51345_leather-goods-market-dynamics-2033-technology-competitive-landscape-strategies-k.html

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

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

Increasing Focus on Sustainability Boosts the Global Molded Wood Pallets Market Growth US$ 4.66 billion in 2033

According to a recent projection by FMI, sales of molded wood pallets market are estimated to increase from US$ 2.70 billion in 2023 to US$ 4.66 billion in 2033. The molded wood pallets market is projected to develop at a CAGR of 5.6% during the forecast period.

The market value is increasing due to factors including the advantageous properties of molded wood pallets, such as their rigidity, high tensile strength, durability, low weight, and temperature resistance. Regulations governing the transportation of wooden packing materials as well as a surge in the use of packaging options that are more convenient and effective than alternative pallets further boost market demand.

Request a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6215

The production and logistics of manufactured goods are expected to increase along with the adoption of environment-friendly manufacturing processes that use less energy. This advances efforts to achieve sustainability goals. This is also expected to increase the global demand for molded wood pallets.

Improvements to traditional storage methods using molded wood pallets and rising public knowledge regarding the advantages of using molded wood pallets in the process both drive market expansion. Molded wood pallets have several advantages, including low cost, a nestable design, safety awareness, space savings, and ease of export.

The availability of specialized and distinctive products that can be altered in weight and size presents a lucrative potential for market expansion. Companies that produce pallets for the market concentrate on creating goods that are lightweight, strong, and useful for customers. Key companies also focus on supplying cutting-edge pallets with RFID chips attached for tracking and tracing reasons.

The molded wood pallets market in North America is expected to lead the global market during the forecast period. The adoption of molded wooden pallets for importing and exporting commodities across nations is projected to be the main factor driving expansion in this sector.

Key Takeaways:

  • The market in the United Kingdom is anticipated to rise, exhibiting a CAGR of 3.5% through 2033.
  • The United States dominated the market in 2022 holding a 15.6% share of the global market.
  • With a CAGR of 8.6% over the forecast period, India is predicted to develop significantly in the market.
  • The market in China is expected to proliferate, registering a CAGR of 8.1% over the forecast period.

Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-6215

Competitive Landscape:

The top market players in the molded wood pallets market are Litco International Inc, Millwood, Inc, Snyder Industries, Inc, The Nelson Company, Beacon Industries Ltd, Brambles Ltd, Nefab Group, Presswood International BV, CABKA Group GmbH, Schoeller allibert services b.v, Loscam Australia pty ltd, Kronus Group, Linyi Kunpeng Wood Co., Ltd, Taik Sin Timber Industry Sdn Bhd, and others

Key players in the molded wood pallets market have chosen acquisition, merger, product launch, business expansion, and agreement as their main developmental methods to provide customers with great products and services. Companies competing in the market are also attempting to form strategic alliances and partnerships with other producers to increase the scope of their product lines.

RECENT DEVELOPMENTS:

  • In November 2022, Millwood has completed its acquisition of Southworth Wood Products. The 51-acre new region is going to be referred to as MillTree East. Band saws are now being used to reduce the size of the material for pallet assembly. Custom containers and pallets will also be created at this new location, according to the release.
  • In August 2020, Southern Molded Pulp and Molded Fiber Technologies and Acorn Pulp Group entered into a settlement agreement for their state-of-the-art molded fiber manufacturing equipment, which guarantees efficient manufacture of the molded wood pallets.

Molded Wood Pallets Market Segmentation

By Product Type:

  • Nestable /Stackable
  • Rackable Pallets

By End Use:

  • Manufacturing
  • Food & Beverages
  • Chemicals
  • Automotive
  • Pharmaceuticals
  • Others
  • Logistics & Transportation
  • Building & Construction

By Size:

  • Full-size Pallet
  • Quarter-size Pallet
  • Half-size Pallet

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Ex. Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

Ask For Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-6215

About Future Market Insights, Inc.

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

Contact:
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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Rising Demand for Sturdy and Sustainable Packaging Drives Heavy Duty Corrugated Packaging Market Growth by 2033

Future Market Insights delivers vital insights on the heavy duty corrugated packaging market, in its published report titled, ‘Heavy Duty Corrugated Packaging Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029’. In terms of revenue, the global heavy duty corrugated packaging market is projected to expand at an approximate CAGR of 5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

The market for heavy-duty corrugated packaging is anticipated to reach US$ 20983.4 million in 2023, growing to US$ 34179.75 million in 2033. Positive market growth during the forecast period is indicated by a CAGR of 5.0%.

Heavy duty corrugated packaging products are frequently used as shipping containers. These are extensively used to package goods such as food items, beverages, cosmetics, pharmaceuticals, hazardous chemicals, and other materials. Heavy duty corrugated packaging products provide product protection by themselves, but often require an inner component for cushioning such as corrugated inserts and edge protectors, which help ensure the safety of fragile products. In recent years, the demand for pallet boxes in heavy duty corrugated packaging has increased significantly. This can be attributed to immense size flexibility offered by these boxes.

The biggest end user of this twist ties in the global bag closure market the confectionery industry. Characterized by short runs and small batch products, packaging requires manual effort. While clips were convenient, they are increasingly being replaced by twist ties as these a definitely reduce the plastic usage. The expansion and proliferation of bakeries from basic bread ones to gourmet has resulted in exceptional rise of bag closures.

Request Sample Report@  https://www.futuremarketinsights.com/reports/sample/rep-gb-4299

Heavy duty corrugated packaging products such as boxes provide crush resistance and adequate strength for stacking in warehouses. They are environment-friendly, biodegradable, and can be recycled. Products such as octabins, also have high durability, are lightweight, and offer significant cost benefits to the buyer. Thus, heavy duty corrugated packaging products are being increasingly used in secondary packaging of goods, across a wide range of industries.

Online Retail Boom Favoring Heavy Duty Corrugated Packaging Sales

FMI analyses that E-commerce & the growing retail industry plays a crucial role in driving the heavy duty corrugated packaging demand. In addition to this, the stringent rules and regulations on the use of plastic-based packaging products will also push the usage of recycled paper packaging products such as heavy duty corrugated packaging, in the near future. The global market for heavy duty corrugated boxes has witnessed unprecedented price increase in the last one and a half year.

The heavy duty corrugated packaging industry is still struggling with the supply of raw material i.e. containerboard. Paper packaging markets in countries such as China, India, and Brazil, are growing at a fast rate and the demand has increased several folds in the last 10 years, which will support the growth of the heavy duty corrugated packaging market during the forecast period.

Despite being a fragmented market, Europe represents one-fourth of the global heavy duty corrugated packaging market. The United States heavy duty corrugated packaging market is anticipated to expand at a progressive CAGR due to highest number of convenience and superstores in the region. Moreover, the expanding middle class in emerging economies of Latin America such as Mexico & Brazil, is creating demand for protective packaging solutions such as heavy duty corrugated packaging, and subsequently driving the market.

Considering the Asia Pacific region, the organized retail industry and the growing FMCG sector are escalating the growth of the heavy duty corrugated packaging market in China, India, etc. China is anticipated to represent a healthy CAGR of above 6% in the global heavy duty corrugated packaging market.

Request  TOC @ https://www.futuremarketinsights.com/toc/rep-gb-4299

Strategic M&A Enabling Market Players to Expand in Developing Regions

Vendor landscape remains highly splintered in the global heavy duty corrugated packaging market. Key players in the heavy duty corrugated packaging market such as Mondi Group, Smurfit Kappa Group, and DS Smith are the most active acquirers in the corrugated industry. The companies are focusing on expanding their footprint in developing countries of Asia Pacific and Latin America regions through mergers and acquisitions in the heavy duty corrugated packaging market.

Key market players that have been profiled in the report on the heavy duty corrugated packaging market include Mondi Group, VPK Packaging Group, International Paper Company, WestRock Company, Georgia Pacific, LLC, Pratt Industries, Inc., Oji Holdings Corporation, Smurfit Kappa Group Plc., DS Smith Packaging Limited, Sonoco Products Company, Smurfit Kappa Group Plc, Elsons International, SCG Packaging Public Company Limited, GWP Group Limited, Packaging Corporation of America, U.S. Corrugated, Inc., Quadwall Ltd., Cheng Loong Corporation, Felbro, Inc. & Menasha Packaging Company, LLC. Several unorganized and regional market players are expected to contribute to the global heavy duty corrugated packaging market during 2022-2029.

Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-4299

Key Segments of Heavy Duty Corrugated Packaging Industry Research

Heavy Duty Corrugated Packaging Market by Product Type:

  • Corrugated Boxes
    • Pallet Boxes
    • Single Cover Boxes
    • Double Cover Boxes
    • Telescopic Boxes
    • Liquid Bulk Boxes
    • Slotted Boxes
    • Others
  • Octabins
  • High Performance Totes
  • Vegetable Totes
  • Pallets
  • POP Displays
  • Others (Edge Protectors, etc.)

Heavy Duty Corrugated Packaging Market by Board Type:

  • Single Wall Heavy Duty Corrugated Packaging
  • Double Wall Heavy Duty Corrugated Packaging
  • Triple Wall Heavy Duty Corrugated Packaging

Heavy Duty Corrugated Packaging Market by Capacity:

  • Up to 100 lbs. Heavy Duty Corrugated Packaging
  • 100 to 300 lbs. Heavy Duty Corrugated Packaging
  • Above 300 lbs. Heavy Duty Corrugated Packaging

Heavy Duty Corrugated Packaging Market by End Use:

  • Food & Beverages
  • Chemicals
  • Consumer Electronics
  • Cosmetics & Personal Care
  • Healthcare
  • Textiles
  • Glassware & Ceramics
  • Automobiles
  • Homecare
  • Others

Heavy Duty Corrugated Packaging Market by Region:

  • North America Heavy Duty Corrugated Packaging Market
  • Latin America Heavy Duty Corrugated Packaging Market
  • Europe Heavy Duty Corrugated Packaging Market
  • East Asia Heavy Duty Corrugated Packaging Market
  • South Asia & Pacific Heavy Duty Corrugated Packaging Market
  • Middle East & Africa (MEA) Heavy Duty Corrugated Packaging Market

Buy Now/Purchase @ https://www.futuremarketinsights.com/checkout/

About Us

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

Contact:

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

LinkedIn| Twitter| Blogs

Women’s Watch Market is Set to Witness a Steady Get at a CAGR of 6.1% in 2031 | FMI

\Watch has become a major fashion accessory among women and also shows the status symbol in society which is propelling the demand for women watch.

Moreover, women have watches according to shades of cloths which fuels the global women’s watch market during the forecast period. Also, new watch launches by key players like Rado, Audemars Piguet, Louis Vuitton, and fossil are assumed to give a positive impact on the women’s watch market As a result, the women’s watch market is set to witness a steady rise at a CAGR of 6.1% during the forecast period

What is Driving Demand for Women’s Watch?

The rise in the number of working women has accelerated the sales of women’s watches across the globe. Also, the increase in innovative and customized designs is anticipated to drive the market in the next few years.

Usage of women watch is no longer limited to offices and functions. Women wear these watches as a fashion statement. Moreover, watches are gifted on various occasions or events like birthdays and anniversaries. This consumption behaviour is expected to positively impact market growth.

Request a Report Sample to Gain Comprehensive Insights@
https://www.futuremarketinsights.com/reports/sample/rep-gb-13816

Furthermore, the trend of smartwatches among women nowadays drives the women’s watch market. Many prominent key players in the women’s watch industry include Withings Steel, Fitbit Versa Smart Watch, are investing in the research and development sector for introducing smartwatches with a more efficient battery, excellent performance and advance features like connect with GPS, receive calls and texts.

Many players are principally engaged in introducing varieties of attractive designs at affordable prices. This innovation and new launch gives the opportunity to the customers to choose the watch according to their budget and also encourage other players to invest in this sector which drives the market during the forecast period.

Introduction of Smart Feature Along with the Growing Health Awareness are Likely to Augment Women’s Watch Sales

Growing awareness regarding health among women all around the globe has resulted in the raised women’s spending on health care gadgets, which has further lead the market of smartwatches.  This smartwatch has multiple features like walk tracking, analyze heartbeat rate, connect with smartphones and other advanced applications which has raised the sales of women’s smartwatches.

For instance, Fossile launched Gen 4 Venture, an impressive watch for women. Apart from good looks, this watch offers extra features to the customers like recording the activity done by the women as well as the Calories burned while doing physical activity. These watches can be used as a sleep monitoring device. All these advanced features offered by manufacturers are anticipated to drive the demand for jewellery over the forecast period.

Get Your Comprehensive Brochure@https://www.futuremarketinsights.com/reports/brochure/rep-gb-13816

Impact of COVID-19 on Women’s Watch Market

Due to the COVID-19 pandemic, the demand for women watches was affected severely, as the pandemic resulted in the closure of showrooms and shops which affected the market in the long run.

However, taking advantage of the prevalent situation, many players in the market have introduced coronavirus detecting watches, which detects the coronavirus in women. For instance, Apple introduced the Apple Watch Series 6 in September 2020, in this smartwatch a sensor is installed which display the approximate value of the blood oxygen and pulse rate.

US and Canada Women’s Watch Market Outlook

The ladies of the United States and Canada are technologically outstanding and have a higher mission for strong advancements with a vision to make life simpler. Young ladies in the region are more aware of smart technology which has increased the demand for smartwatches in the region.

Moreover, for expanding the product portfolio of smartwatches in the region, many prominent players like Zelos, Shreve & Co., VANNA and Fossil continuously launching smartwatches at different price ranges.

For instance, Fossil launched a smartwatch that keeps the record of the user physical activity and also monitors the heartbeat and the blood pressure of the person. This helps the player to strengthen their presence in the regional market.

Europe Demand Outlook for Women’s Watch

According to the report of BMI in 2019, 37% to 58% women in Italy and Croatia suffer from obesity, which is increasing the demand for health gadgets like fitness band/watch in the European market.

The growing popularity of fitness watches among women, which also helps in recording body activity like cycling, swimming laps, daily steps, sleeping pattern, pulse rate and blood pressure. These advanced features encourage women to buy a smartwatch to accessing their regular activates including calories intake. Furthermore, the rising income of people enabling them to buy such smart products which also meet their requirements and desires.

Ask Our Analyst More about Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-13816

Moreover, with an aim of business expansion and growing business portfolio, players are creating a partnership with the regional distributors to get feedback from the customers and fulfil the demands of the customers. This helps the players to generate more revenue.

Who are the Key Manufacturers and Suppliers of Women’s Watch?

Some of the leading manufacturers and suppliers of ladies watches include

  • The Swatch Group Ltd,
  • Daniel Wellington,
  • Apple Inc.,
  • Helios,
  • BESPOKE UNIT, LLC.,
  • Rolex,
  • NEOBIAO,
  • realme.,
  • Vacheron Constantin,
  • Compagnie Financière Richemont SA,
  • Titan Company Limited.,
  • PATEK PHILIPPE SA,
  • Chanel, Xiaomi Global Community,
  • LVMH,
  • Bulgari’s,
  • Shreve & Co.,
  • CARTIER, FOSSIL GROUP, INC.,
  • Audemars Piguet,
  • VANNA, CITIZEN WATCH COMPANY OF AMERICA, INC.,
  • Dior, Harry Winston, Inc.,
  • Breguet, RADO WATCH CO. LTD.,
  • Ethos Watch Boutiques.,
  • Folli Follie Online.,
  • Louis Vuitton,
  • Hermès and many others.

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.

Pre-Book This Report@ https://www.futuremarketinsights.com/checkout/13816

Key Segments

By Product Types:

  • Mechanical
  • Smart
  • Other

By Price:

  • Under US$200
  • US$200-US$400
  • US$400-US$600
  • US$600- US$800
  • US$800 & above

By Distribution Channels:

  • Direct Sales
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Online retailing
  • Others

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Read Related Reports@

https://together.mn.co/posts/34148011?utm_source=manual

https://inobee.com/read-blog/162939_leather-goods-market-competitive-analysis-with-growth-forecast-till-2033.html

https://meetupss.com/read-blog/39962

https://chatterchat.com/read-blog/21085_leather-goods-market-demand-growth-trends-share-and-forecast-report-2033.html

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

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

Air Sampling Pump Market: Overview, Data Updates, Reports Analysis & Forecast 2022 to 2032 | FMI

From 2022 to 2032, the air sampling pump market is expected to grow at a 3.79 percent CAGR, rising from US$ 47.06 Million in 2022 to a valuation of US$ 68.27 Million by 2032. The rapid rate of industrialization, as well as the associated levels of effluent discharged in air media, such as the increased use of hazardous materials by chemical manufacturing companies, have increased the emission of volatile chemicals, fine PM, biological components, and toxic gases, resulting in rising levels of air pollution.

According to a report by the PBL Netherlands Environmental Assessment Agency, total global greenhouse gas emissions in 2016 were 49.3 giga tonnes of CO2 equivalent. With rising levels of carbon emissions and stringent measures and enforcements implemented by regional governments to reduce emissions and improve air quality, sampling pumps will be used extensively in all geographical regions, industrial, and municipal areas in the coming years.

Request a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-10851

Regional Analysis:

According to the Chinese Ministry of Environmental Protection, air quality in 262 of China’s 335 major cities exceeded national health standards in 2015. Europe is anticipated to witness prominent growth in Air Sampling Pump market in near future, due to increasing demand from several end-use industries such as healthcare industry, food & beverage, commercial and residential user, and academic institutes.

East Asia is expected to lead the Air Sampling Pump market growth, owing to rising pollution levels in countries such as China, India, ASEAN countries, South Korea, and others, as well as rising consumer awareness about health issues and increased consumer spending, which are some of the major factors driving the Air Sampling Pump market in this region.

Due to increased end-user demand, Latin America, the Middle East, and Africa expect a stagnant growth in the Air Sampling Pump market. The rise in air pollution levels is more pronounced in emerging economies such as China, India, Brazil, and Mexico, owing to robust manufacturing growth as well as limited and ineffective compliance with pollution monitoring and control regulations.

Air Sampling Equipment Market – Competitive Landscape

  • In January 2019, Restek launched radiello passive, diffusive air sampling badge for VOCs (Volatile Organic Compounds). Versatile radiello passive diffusive air samplers encompass a unique 3D radial design that provides various performance advancements over the traditionally used 2D flat axial air sampling equipment.
  • In July 2018, the air sampling, noise & vibration monitoring specialist, Casella introduced the Flow Detective air sampling pump calibrator. Flow Detective is a novel air sampling equipment that can measure pulsation, with a 70-hour battery life, which is double the duration of other products available in the market.

Customization Before Buying @
https://www.futuremarketinsights.com/customization-available/rep-gb-10851

Key Segments Profiled in Air Sampling Pump Market

By Flow Type:

  • High flow
  • Low flow

By Product Type:

  • Personal air sampling pumps
  • Area air sampling pumps

By Application:

  • VOCs (Volatile Organic Compounds) & SVOC (Semi volatile Organic Compound) sampling
  • Building-materials sampling
  • Formaldehyde sampling
  • Other

By Region:

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

About Us

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

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs