Market Research Blog – Page 8981 – New Product Development

Image Sensor Market to be valued at US$41672.3 Million from 2022 to 2032

Image Sensors market is one of the prominently increasing market. The market for Image Sensors is increasing due to increasing improved quality of image processing, optics, and interfaces.

Global image sensor market demand is anticipated to be valued at US$21725.8 Million in 2022, forecast to grow at a CAGR of 6.7% to be valued at US$41672.3 Million from 2022 to 2032. Growth is attributed to the increasing use of camera equipped devices. From 2016-2021 a CAGR of 5.9% was registered for the image sensor market.

These image sensors are also increasingly adopted due to availability of low cost CMOS image sensors used for implementing in mobile devices.

Image Sensors technology is a generally of two type, CCD image sensor and CMOS image sensor out of which CMOS Image Sensors are being adopted at a higher pace as these CMOS image sensors are performing better than CCD image sensors.

CMOS image sensors have enabled high integration on the chips leading to modern high performance, miniaturized integrated circuits.

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Image Sensors Market: Drivers and Challenges

The major factor driving the adoption of Image Sensors is the increasing usage of mobile devices with dual camera feature that has increased the demand for image sensors.

In last 5-6 years, the adoption of smartphones and demand for high quality camera has been increased which is helping Image Sensors market to grow.

Another factor helping Image Sensors market to grow is the increasing demand for selfie phones which has also increased the demand for image sensors to better front camera.

The key challenge for Image Sensors market is the high cost of manufacturing these image sensors. The growing demand of smart phones along with front camera features and high mega pixel camera, manufacturers have to invest more in Image Sensors and in making high quality image sensors.

Competition Landscape

Key Contracts:

In January 2017, Panasonic Corporation, a technology provider and Image Sensor company is in terms with Tesla, a self-driving technology provider for working on development of self-driving systems which will include image sensors and others.

In July 2017, Vayyar, a technology provider has launched 3D sensors that will help in providing self-driving car interior awareness including information about passengers.

These embedded sensors are also small and low-cost compared to other sending solutions, and can provide real-time info about what’s going on in a car, including monitoring passenger vital signs, and even keeping track of whether a driver is nodding off behind the wheel

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Key Players

In Image Sensors market there are many solution providers some of them are Toshiba Corporation, Sharp Corporation, Sony Corporation, Panasonic Corporation, Samsung Electronics and others.

Regional Overview

Presently, North America and Europe is holding the largest market share for Image Sensors market due to presence of large market players who are working towards the development of image-sensors that can be used mainly in automotive industry in these region.

Moreover the rising demand of smart devices with high resolution camera is increasing the Image Sensors market opportunity in these region.

Asia –Pacific is also increasingly adopting Image Sensors technologies with the entry of major & established players such as Samsung, Panasonic and others.

Regional analysis for Image Sensors Market includes development of these systems in the following regions

North America
- US
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- Western Europe
  - Germany
  - France
  - U.K
  - Italy
  - Spain
  - Nordics
  - Benelux
  - Rest of the Western Europe
Eastern Europe
- Poland
- Russia
- Rest of the Eastern Europe
Asia Pacific excluding Japan (APEJ)
- China
- India
- ASEAN
- Australia and New Zealand (ANZ)
- Rest of APEJ
Japan
The Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Image Sensors Market: Segmentation

Segmentation on the basis of Image Sensors Types:

CMOS image sensor
CCD image sensor

Segmentation on the basis of Application

Smartphones
Cameras
Wearable electronics
Surveillance
Others

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Backend-As-A-Service Market is expected to secure US$ 22,072 Million in 2032

The “Backend-as-a-Service Market” Report provides insightful data on business strategies, top industry trends, growth opportunities, and challenges of top key players. The Backend-as-a-Service market report covers market size, share, and growth outlook in terms of CAGR status and revenue estimations. The global Backend-As-A-Service market is expected to secure US$ 22,072 Million in 2032 against US$ 2,450 Million in 2022. From 2022-2032, the global Backend-As-A-Service market is expected to expand at a CAGR of 24.6%.

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This report provides detailed historical analysis of global market for Backend-as-a-Service from 2016-2021, and provides extensive market forecasts from 2022-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Backend-as-a-Service market.

Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

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The Global Backend-as-a-Service Market forecast is based on an analysis of key player’s past and current performance. The report also takes into account various economic conditions prevailing in the key markets that have the potential to impact the market in the future. Thereby considering all the relevant factors market size of the Backend-as-a-Service market has been forecasted in the report.

Backend-as-a-Service Market Top Manufacturers: The report covers an extensive analysis of the key market players along with their business overview, expansion plans, and strategies. Top Key Players covered in the report are:

Oracle
IBM
Microsoft
Kony
Kinvey
Anypresence
Appcelerator
Built.Io
KII Corporation
Cloudmine
Parse
Feedhenry
Amazon Web Services
Aliyun
Google Cloud Platform
Salesforce
Rackspace
SAP
Vmware
DELL
Structum
Red Hat
Apigee
Pivotal Software

The Backend-as-a-Service market research report fully covers the major statistics of the production, value, profitability, capacity, supply/demand ratio, volume, and much more. The best possible updated information is showcased in figures, pie charts, tables, and graphs. These statistical representations offer predictive information regarding the upcoming estimations for convincing the growth of the Backend-as-a-Service market.

Based on types, the Backend-as-a-Service market from 2016 to 2030 is primarily split into:

Data Integration
Identity and Access Management
Usage Analytics
Support and Maintenance
Professional Services

Based on applications, the Backend-as-a-Service market from 2016 to 2030 covers:

BFSI
Telecommunication and IT
Healthcare
Manufacturing
Media, Entertainment and Gaming

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Geographically, the report includes research on production, consumption, revenue, market share and growth rate, and forecast (2016-2030) of the following regions:

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

Backend-as-a-Service market while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. A verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis of key market segments incorporated in the report have been delivered in weighted chapters.

Highlighted Key Points Covered in this Updated Research Reports Include:

Research reports involve the overall industry status worldwide.
Impact of Covid-19 on market growth, size, share, and sales.
Comprehensive analysis of market drives and manufacturers with the latest innovation.
Report provides country-wise economic business status and opportunities.
It is also providing an in-depth analysis of company profiles, production, value, price, and supply chain.
Major changes were seen in the competitive landscape.
Segmentation on the basis of types, applications, and regions.
New business development analysis and industry challenges.

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Corporate Event Planner Market is projected to accelerate at a CAGR of 32% to USD 4817.9 billion by 2032

The global corporate event planner market was valued at USD 300 billion in 2022 and is expected to grow at a 32% CAGR to USD 4817.9 billion by 2032.

The market for corporate event planners is expected to grow during the forecast period, owing to an increase in demand for automation among event management companies to simplify event functionalities. Furthermore, an increased emphasis on gaining actionable insights from events is propelling global corporate event planner market key trends and opportunities.

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Increasing Youth Entrepreneurship Participation and Business Seminars are Market Motivators

Event management is one of the most interesting and challenging jobs available. Today’s youth are eager to pursue careers in event planning because it allows them to work while having fun. They can meet new people and work in groups by managing events. Most young people are drawn to this profession because of the numerous benefits of being an event planner, which is expected to drive the corporate event planner market.

Furthermore, as the number of companies increases at a faster rate, businesses are investing heavily in organising events where they can showcase products or meet employees to convey a message, which is expected to boost the corporate event planner market.

Exorbitant Costs are Projected to be the Most Substantial Market Restraint

The cost of organising an event is extremely high, and this is expected to be the most significant restraint for the global corporate event planner market during the forecast period. Most organisations and individuals are interested in organising an event, but the high cost of organising an event and the event planners’ fees limit corporate event planner market growth. Most organisations or the general public avoid hiring a corporate event planner due to the higher costs involved.

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KEY TAKEAWAYS

The year 2020 will see a loss of one billion international tourist arrivals and a loss of approximately $1.3 trillion in tourism exports worldwide.
Forecast for the US corporate event planner market, by event type, the company meetings segment is expected to have the highest CAGR of 18.9% in the US corporate event market.
The information technology segment held 33.3% of the U.S. corporate event planner market share due to the fact that many IT companies are headquartered in the United States, which is the largest tech market, contributing 32% of the total share in the technology market.
With a corporate event planner market share of 28.89%, the North American corporate event planner market has the highest revenue potential.
With a corporate event planner market share of 21.4%, Europe is the second largest corporate event planner market.
North America offers excellent investment opportunities for those looking to profit from the most promising corporate event planner market growth in the coming years.
During the forecast period, the North American corporate event planner market is expected to grow at a CAGR of 54.3%.

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COMPETITIVE LANDSCAPE

Bassett Events, Inc., MKG, Colin Cowie, David Tutera, JR Global Events, Rafanelli Events, Oren Co, Wonderland, Event Solutions, MGM Resorts, and AJ Williams Events are among the major key players in the global corporate event planner market.

Companies are investing in new product development in order to gain a share of the global corporate event planner market during the forecast period. New entrants in corporate event planner market pose a moderate threat.

Recent Developments

Ticketmaster: In October 2020, Ticketmaster launched ‘Smartevent’ solutions to assist events in welcoming back fans. SmartEvent is a new technology suite that enables fans to safely return to live events.

Cvent: The market-leading provider of meetings, events, and hospitality technology, has revolutionised event website design with the launch of their redesigned website and registration solution. The new interface, dubbed’registration reimagined,’ gives the user complete design control and combines flexible design capabilities with drag-and-drop usability.

Australia Event professionals and marketers: Can now create completely customizable registration pages and interactive websites that are easy to use, mobile-responsive, flexible, and align with their specific event branding.

Key Segments

By Event Type:

Conference/Seminar
Trade Shows/Exhibitions
Incentive Programs
Company Meetings
Others

By Industry:

Banking and Financial Sector
Information Technology
Real Estate and Infrastructure
Automotive
Insurance
Others

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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Child Resistant Bottles Market Size, Share, Analysis and Forecast 2028

Packaging is becoming a vital constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards safe and secure packaging. Speaking of safe and secure packaging solutions, child resistant bottles are gaining traction owing to the increasing need for the resistance to opening of the packs by kids, yet being consumer-friendly.

Future Market Insights recent study suggests that the growth of the global child resistant bottles market is driven by the ultimate objective of design level innovations in child resistant bottles which is to increase the resistance to opening of the packs by kids, yet maintaining a consumer-friendly design, which can be easily handled by adults. Research shows great potential of child resistant bottles that provide all the features for packaging for various commodities. In addition to this, it also highlights the features such as-

Excellent convenience for carrying and storing products
Increasing output with the same workforce
Resilience and adaptability to business disruptions
Enhanced performance and cost effectiveness
Customer experience
Extended shelf life
Employee experience
Revenue and profit growth
Business model innovation

The goal of a child resistant bottle is to protect kids from appealing, but dangerous, products while allowing the consumer to use the product when needed. To reach potential outcomes, organizations are investing in intelligent and innovative packaging solutions.

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For instance, in October 2021, Berry M&H announced its plans to introduce a child-resistant (CR) Certified bottle and closure combination, which it says will provide “safe and secure” packaging for a range of applications including healthcare and household cleaning products. The child resistance protection is certified according to ISO standards. The company says the bottle range was tested and approved to BS EN ISO 8317:2015.

The new CR Certified Pack contains the company’s 500ml PET Single Grip Bottle and its 28mm Deep Non-Vented R4 Clic-Loc cap with EPE42 liner. Berry M&H’s new bottle offers customers child protection properties for industries such as cleaning and DIY, with the company identifying disinfectant, antiseptics, white spirit, sugar soap, and paintbrush cleaners as some of the products that can be stored inside.

Global child resistant bottles market: Key Players

Some of the key players operating in the global child resistant bottles market are –

Berk Company, LLC
Amcor Ltd.
Berry Plastics Group, Inc.
Gerresheimer AG
Alpha Packaging
Berry Plastics Group, Inc.
AptarGroup Inc.
Pretium Packaging Corp.
Tim Plastics Inc.
Comar LLC

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The road ahead

The advancement in pharmaceutical drug formulation processes, coupled with the ever expanding variety of drugs will continue to create absolute need for special packaging, to ensure total reduction of accidental ingestion cases. The global child resistant bottles market will be influenced by further amendment in existing regulations, in accordance with advancement in drug formulations. Therefore, the global child resistant bottles market is expected to have a positive outlook over the forecast period.

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, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global child resistant bottles market: Segmentation

Globally, the child resistant bottles market has been segmented as –

On the basis of material, the global child resistant bottles market is segmented as –

Metal
Stainless Steel
Aluminium
Others
Plastic
HDPE
LDPE
PET
PP
Others

On the basis of capacity, the global child resistant bottles market is segmented as –

< 600 ml
600 – 750 ml
750 ml – 1,000 ml
1,000 ml – 2,000 ml
>2,000 ml

On the basis of end use, the global child resistant bottles market is segmented as –

Pharmaceuticals
Chemicals
Beverages
Others

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

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Bagging Machine Bagging Machine Market Global Industry Analysis, Size and Forecast 2027

As the world moves towards modernization, the development of the packaging industry is highly important owing to the wide range of applications in the logistics industry.

Due to rising consumer dependency on packaged food products, the packaging manufacturers are emphasizing on machineries that can produce high volume, and have high productivity ratio. Bagging machines are highly compatible to meet the large volumetric requirement, particularly to match the need of the growing food industry.

Future Market Insights recent study suggests that as modern trade continues to grow over the forecast period, the Bagging Machine market is expected to benefit significantly, with increased applications in the logistics industry. In addition to this, the FMI report further indicates that the emerging trend which is widely used across the bagging machine market is the use of ultrasonic sealing systems.

These systems ensure use of minimal energy sources for sealing bags, thus creating an incremental revenue for manufacturers of a bagging machine. Therefore, the global Bagging Machine market is expected to have a largely positive outlook over the forecast period.

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Bagging Machine Market – Key Players

Some of the key players operating in the global bagging machine market are

Pakona Engineers (I) Pvt. Ltd.,
Wenzhou Echo(Packing Machine) Imp & Exp. Inc,
Optima Weighttech Private Limited,
Wraptech Machines Packaging Solutions,
ADPRO Automation Pvt. Ltd.,
Matrix Packaging Machinery,
Autopack Machines Pvt. Ltd.,
SEPACK, CMD Corporation,
Alligator Automation,
Bosch Packaging Technology,
Statec Binder GmbH, Mondial Pack S.r.l.,
Choice Bagging Equipment,
BL Bag Line,
ALL-FILL Inc.,
Rennco, LLC, PAYPER, S.A.,

CONCETTI S.P.A., Permier Tech Chronos, Tech Weigh System Pvt. Ltd., WOLF Verpackungsmaschinen GmbH, Ishida Ltd., Italdipack Group, UVA Packaging, Hassia – Redatron GmbH, Audion Elektro (Swissvac) Packaging Solutions and Equipment, Nichrome India Ltd, Cordano Packaging Engineers, LLC., Ishida Ltd., Blue Star Limited, Willems Bailing Equipment, Barry – Wehmiller Companies, Inc. Hypertec Solution, Nichrome Packaging Solutions.

Manufacturers are increasingly becoming interested in investing in good Bagging Machines owing to the increased need for an effective solution which is required to maintain the structural strength of the product. Research shows great potential of Bagging Machine that provide all the features such as-

Quality Assurance
High-speed and high quality printing
Cost- efficiency and flexible printing
Safety and Security of Products
Wide range of applications
Versatility and Long life span
Customer Satisfaction
Brand building
Revenue and profit growth
Business model innovation

To reach potential outcomes, organizations are investing in intelligent and innovative Bagging Machines. Moreover, companies in the market are adopting new technology and launching new products. The market is increasingly witnessing the development of high-end machinery and equipment for industrial applications.

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Global Bagging Machine Market – Market Dynamics

The emerging trend which is widely used across the bagging machine market is the use of ultra-sonic sealing system. These system ensure use of minimal energy source for sealing bags, thus creating an incremental revenue for manufacturers of a bagging machine.

On the flip side, European laws and regulation are shaping the use of packaging machinery across the world. These factors affect the revenue margin of manufacturer exporting in European market. Overall the market of bagging machine is expected to remain up stream over the forecast period.

Global Bagging Machine Market – Market Segmentation:

By bagging machine type, the global bagging machine market is segmented into flat reel bagging machine, tube reel bagging machine, open mouth bagging machine, bagging machine for fresh bales, valve sack bagging machine. By technology type, the global bagging machine market is segmented into semi – automatic, automatic.

By bagging machine type, the global bagging machine market is segmented into pre made bags machine, vertical bagging machine, and horizontal bagging machine.

By application type, the global bagging machine market is segmented into food & beverage industry, construction industry, pharmaceutical industry, household and personal care industry, cosmetic industry, hardware industry. By production capacity per hour type, the global bagging machine market is segmented into under 600 bags, 601-1000 bags, 1001-2000 bags, more than 2001 bags.

Bagging Machine Market

Report Highlights:

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

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Direct Thermal Inks & Coating Market Global Industry Analysis, Size and Forecast 2027

The packaging industry is constantly evolving and changing based on the demand of end user industries. The various components attached to packaging play a crucial role in understanding the details of the product and give an immediate accessible insight to the users.

Labels tagged on the packaging help consumers to understand the manufacturing process of products and the durability of the same. As most products are shipped form one place to another, the chances of labels wiping out become high. This has led to manufacturers using direct thermal inks and coatings to print information regarding product.

The increasing focus on sustainability and environmentally-friendly products is shaping the landscape for direct thermal inks and coatings market. Thus, the wide adoption of the direct thermal inks can be attributed to the same. In addition, the use of direct thermal inks and coatings on products of different end user sectors is boosting the demand for the same.

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Global Direct Thermal Inks & Coating Market: Key players

Some of the players in the global direct thermal inks & coating market are

Flint Group,
Siegwerk Druckfarben AG & Co. KGaA,
ALTANA Coatings,
Interactive Inks & Coatings, and
Sun Chemical Corporation.

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

The report covers exhaust analysis on

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

Future Market Insights states that the multiple benefits offered by direct thermal inks and coatings is garnering traction for the same.

The use of direct thermal inks has reduced the dependency on ink-ribbons, thus, the use of direct thermal inks is environment friendly.
Wide application of direct thermals and coating in a variety of end user industries that include food and beverages, consumer goods, automobile and shipping and logistics is creating lucrative opportunities for direct thermal inks and coatings.
Environmentally friendly nature of direct thermal inks is increasing its usage in various end user sectors.

In the upcoming years, active and intelligent packaging and labels are expected to become mainstream. This, in turn, will create more opportunities for direct thermal inks and coatings market. Moreover, the use of labels on packaging that require printing is expected to grow. Manufacturers of direct thermal inks are focusing on using stronger components to prepare the ink in order to make it durable and long lasting.

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Global Direct Thermal Inks & Coating: Market Dynamics

The demand for Direct Thermal Inks & Coating is increasing due to the high demand for the direct thermal printed labels in the developing as well as emerging economies. Direct thermal transfer coated labels eliminate the requirement of the ink ribbons which in turn makes it an environment-friendly labeling solution.

However, the demand may decrease due to some of the disadvantages of the direct thermal printed films. The disadvantages include the fading of the print if exposed to direct sunlight, material prone to marking when scuffed or rubbed, inability to be used in high-temperature applications as the label or film may turn full black in color, and limited availability of the direct thermal label materials.

There are lots of opportunities available for the new entrants in the direct thermal printing market in emerging economies where the technology is still not advanced. The demand for Direct Thermal Inks & Coating is expected to increase at a high growth rate in the regions such as China, India, and Brazil. The threat in the Direct Thermal Inks & Coating market is the limited availability of the raw material.

Global Direct Thermal Inks & Coating Market: Regional outlook

Geographically, the global Direct Thermal Inks & Coating market is segmented into seven regions, namely North America, Latin America, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Western Europe, and the Middle East and Africa (MEA).

North America leads the global Direct Thermal Inks & Coating market due to high production capacity and large number of exports from the country which in turn increases the demand for direct thermal labels.

Europe is the second largest region for the Direct Thermal Inks & Coating. In Europe, Germany and Italy dominate the market due to high consumption of the food and beverages in the region which requires direct thermal printed labels on their packaging.

Global Direct Thermal Inks & Coating: Market Segmentation

Direct Thermal Inks & Coating market is segmented as follows-

Direct Thermal Inks & Coating market segmentation by Ink Type–

Water-based Inks
UV-Curable Inks

Direct Thermal Inks & Coating market segmentation by End Use –

Consumer Goods
Shipping & Logistics
Industrial Goods
Automobile
Food & Beverages
Electrical & Electronics
Others

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Ripeness Indicator Labels Market: Global Industry Analysis and Opportunity Assessment 2027

Increasing traction for intelligent label solutions among food and beverages, pharmaceuticals, and electrical & electronics sectors, enables the manufacturers to focus on product development and technological advancement. Due to lack of cold chain facilities for fresh produce, massive amount of food is getting wasted globally. Therefore, ripeness indicators labels provide a better solution to mitigate this problem.

Ripeness indicator labels respond to the aroma released from the fruits as they ripen, giving consumers a convenient solution to determine the shelf life of the product. Ripeness indicator labels change colour to indicate the ripeness of fruit it contains.

Moreover, ripeness indicator labelling packaging solution is expected to ring significant efficiencies to the fresh produce industry by reducing the wastage. The ripeness indicator labels change colour according to how fast the fruit ripens, changing the labels through a range of colours. Ripeness indicator labels offer a convenient solution to match the colour of the label according to eating preferences.

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Global ripeness indicator labels

Key Players

RipeSense is the world’s first intelligent ripeness indicator label, developed in New Zealand by Jenkins Group, in partnership with HortResearch. However, the ripeness indicator labels provides manufacturers to gain lucrative market opportunity during the forecast period.

Global ripeness indicator labels: Market Dynamics

With global labels market worth over 40 Bn and anticipated to expand at a CAGR of over 5%, the demand for smart labels tends to drive the market share of ripeness indicator labels. Ripeness indicator labels market is growing on the backdrop of the food industry. The key factor driving the market share of ripeness indicator labels market is the consumer preference towards sustainable packaging solution as ripeness indicator labels are recyclable.

Ripeness indicator labels offer a convenient solution to consumers as consumers can choose and consume fruits according to their eating preferences. Furthermore, ripeness indicator labels help in wastage reduction as the colour of the products indicates the ripeness of the product and the product can be timely consumed.

Moreover, ripeness indicator labels offer an efficient packaging solution to the fresh produce industry, reducing wastage and eliminating the old selling process of loose, unripe products into bins, where the product is bruised or squeezed to determine the ripeness. Ripeness indicator labels help consumers in determining the shelf life of the product thus accentuating the market share of ripeness indicator labels.

Growing number of supermarkets, retail outlets, etc. propelling the market share of ripeness indicator labels. Also, the trend of shifting from unorganized sector to organized sector will increase market demand for ripeness indicator labels.

Despite the favourable conditions for the growth of ripeness indicator labels market, there are certain factors that hinder the growth, such as the use of plastic in manufacturing ripeness indicator labels.

Global ripeness indicator labels: Regional Outlook

Ripeness indicator labels market has been segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to dominate the overall market share throughout the forecast period due to an increased number of supermarkets and retail outlets in the region.

APAC region is anticipated to represent the high growth opportunity owing to the availability of low cost of raw materials in the region. The European region is expected to register significant market share over the forecast period due to increasing shipping and logistics sector in the region during the forecast period.

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Global ripeness indicator labels: Market Segmentation

Ripeness indicators market is segmented on the basis of material type, thickness, printing technology type and region.

On the basis of material type, ripeness indicator labels market can be segmented into

Paper
Plastic
Polypropylene (PP)
Polyethylene (PE)
Polyvinyl (PVC)
PET
Others

On the basis of thickness, ripeness indicators labels market can be segmented into

Less than 40 microns
40 to 100 microns
100-150 microns
Above 150 microns

On the basis of printing technology type, ripeness indicator labels market can be segmented into

Digital printing
Flexographic printing
Offset printing
Others

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Pallet Labeler Market Global Industry Analysis, Size and Forecast 2027

Pallets are mostly used in warehouses and manufacturing units, for the purpose of storage. Appropriate and accurate pallet labelling is the key to recognizing products conveniently. The task of labelling on the pallets is carried out using a pallet labeler. Pallet labelers eliminate the need to hand apply labels, unlike the conventional approach, in which, forklift operators were required to perform the entire process manually.

The continuous move in & out of forklift consumes lots of time. Pallet labeler overcomes this problem to some extent. Pallet labeler is available in a variety of lengths to cover the conveyer and apply the label on to the pallets. Pallet labelers can be integrated with label printing technology that contains both human readable text and symbols that can be scanned, which includes the serial shipping container code (SSCC).

Pallet labeler indirectly helps in shipping of products placed on pallets. In automated production lines and manufacturing industries, pallet labeler is installed immediately after location, where pallet is stretch wrapped. It facilitates workers to use pallet labeler instantly which overcomes product misunderstanding and helps conflict free delivery of the palletized products. Therefore, the global pallet labelers market is expected to expand at a healthy CAGR over the forecast period.

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Global pallet labeler market: Key Players

Few of the players operating in the global pallet labeler market are –

FOX IV Technologies,
Loveshaw,
Advanced Labeling Technologies,
Logopak Systeme GmbH & Co.KG,
Automatic Identification Systems LTD,
Weber Packaging Solutions, Inc,
ALTech UK Labelling Technologies Ltd., and
Domino Printing Sciences plc, among others.

The report covers exhaustive analysis on

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

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Global pallet labeler market: Dynamics

Pallet labelers are designed and built with palletizing and stretch wrapping atmosphere in mind. Rapid growth in industrialization and manufacturing sector leads to increasing demand for pallets in manufacturing and storing units which in turn drive the global pallet labeler market over the forecast period.

In addition, pallet labeler reduces the amount of task carried out by forklift operator. Manufacturers & warehouse owners would employee pallet labeler to increase throughput efficiency. Pallet labeler can be customized as per the need of customers. Pallet labeler is available in various sizes and according to the size of labels used.

For a pallet labeler to be effective, three key elements for a compliant label are size, content, and application. Sometimes if the pallet labeler is not working properly, it creates problems such as applying label at incorrect place, apply it at only one side, or incorrect product labels applied to pallet might lead to switching of manufacturers to traditional way of applying labels on the pallets. It might hamper growth of the global pallet labeler market during the forecast period.

Global pallet labeler market: Segmentation

The global pallet labeler market is segmented as follows:

On the basis of machine type, the global pallet labeler market has been segmented as:

Manual machines
Automatic machines

On the basis of purpose, the global pallet labeler market has been segmented as:

Print & Apply pallet labeler machines
Apply-only pallet labeler machines

On the basis of end use industry, the global pallet labeler market has been segmented as:

Food & beverage industry
Pharmaceutical industry
Personal care & cosmetics industry
Others

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Global pallet labeler market: Regional Outlook

The global pallet labeler market has been divided into seven regions:

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

The APEJ region is expected to present lucrative opportunities for growth of the global pallet labeler market, over the forecast period. Automated approach to production has high penetration in regions such as North America, Western Europe, and Japan. As awareness regarding the benefits of automation increases among manufacturers in the APEJ region, a rise in demand for products such as pallet labeler, is expected, which will witness healthy growth, over the forecast period.

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Cable Trays Market is projected to reach a valuation of US$ 4.7 Bn in 2022

The global cable trays market is expected to reach a valuation of US$ 4.7 Bn in 2022 and continue to grow at a CAGR of 4.4% to reach US$ 7.2 Bn by the year 2032, according to research from Future Market Insights. By the end of 2022, the top 3 nations are expected to control between 30 and 35 percent of the global cable tray market.

Due to its superior support feature, the perforated cable trays product type segment is anticipated to hold the majority of the global market for cable trays. By the end of 2032, the same category is projected to account for almost 45% of market value.

According to the FMI analysis, the cable trays market revenue reached US$ 4.5 Bn in 2021. The global 1.5market is anticipated to reach US$ 7.2 Bn by the end of 2032, accelerating at a CAGR of 4.4% during the forecast period. The demand for metal cable trays is projected to boost with the top 5 key players holding 15-20% of the global cable trays market by the end of 2022.

The cable trays market is estimated to experience a positive growth outlook with the increasing need for cable bundling solution. A new forecast by FMI analysis anticipates that the cable trays sales will propel during 2022-2032 and is projected to create an absolute incremental opportunity of US$ 2.7 Bn.

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Competitive Landscape

The key players operating in the global cable trays market are trying to expand their production capacity and resources to meet the growing demand for cable management solutions through acquisitions and investment. Some of the latest key developments by the key players are as follows-

In September 2022, ABB Group announced the expansion of its production capacity for cable trays in North America by investing US$ 13 Mn in its Installation Products Division Iberville manufacturing facility in Quebec.
In May 2022, Atkore Inc. announced the acquisition of Talon Products, LLC, a company engaged in providing molded cable cleats which will help the company to provide a robust solution for cable management needs.

Historical Market Forecast for Cable Trays
From 2015 to 2021, the global market for cable trays grew at a 3.7% CAGR, from US$ 3.6 billion in 2012 to US$ 4.5 billion in 2021.

The cable trays are effective equipment for bundling and managing cables made of metal or plastic. Depending on the needs of the end user, the cable trays are made available in a variety of product kinds, including wire mesh, ladder, and perforated cable trays. Numerous end users, including those in the communications, energy and electricity, building and construction, and other industries, use the cable trays. The global demand for proper wire bundling solutions has increased, which has boosted cable tray sales.

How does the Developing Industrial Infrastructure Fuel the Demand for Cable Trays?

The rise in the number of set-ups in various end-use industries such as energy and power, building & construction, and others fuel the demand for wire management systems including cable trays. The development of infrastructure results in increased demand for cable trays to provide proper cable management systems as well as to ensure safety. The surge in the need for suitable and safe cable bundling solution for various end-user boost the demand for cable trays. Moreover, the increasing expenditure on the construction of new facilities augments the sales of cable trays. The industrial establishment with refurbishing and upgradation activities in old structures to meet the energy efficiency objectives is anticipated to drive the demand for cable trays.

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Cable Trays by Category

By Material, Cable Trays is Segmented as:

Metal
Plastic

By Product Type, Cable Trays Market is Segmented as:

Ladder Cable Trays
Perforated Cable Trays
Solid Bottom Cable Trays
Wire Mesh Cable Trays

By End-user, Cable Trays is Segmented as:

Telecommunications
Energy and Power
Building and Construction
Other End-user

By Region, Cable Trays Market is Segmented as:

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

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Clear Plastic Boxes Market is slated to reach a valuation of US$ 99.9 Billion in 2022

In 2022, the market for clear plastic boxes is anticipated to be worth US$ 99.9 billion. According to Future Market Insights, the market is predicted to grow at a CAGR of 4.4% from 2022 to 2032, when it is anticipated to reach US$ 153.65 billion. The development of plastics has accelerated in the last two to three decades due to the lack of abundant supply of natural materials like wood and the high cost or inability of artificial materials like steel and glass to offer more affordable packaging options for mass-market goods. The quantity and type of plastics used nowadays may be a good indicator of how industrialised a society

To further enhance food safety, several producers consider the use of clear box packaging. This packaging permits the consumer to display the product before buying, so they can ensure it has not been compromised and will function properly once it’s out of the packaging.

Clear plastic packaging not only improves food safety, however, modern plastic is also more resilient than paper, so it also shields a product’s integrity. Plastic packaging, along with advances in other forms of packaging, allows for better-quality packaging performance, functionality, and durability.

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Global Clear Plastic Boxes Market – Key players

Few of the key players in the clear plastic boxes market are

Hip Lik Packaging,
Scatolificio Cristina Srl,
Transparent Packaging, Inc.,
Gel-Pak, LLC,
Hager & Werken GmbH & Co. KG,
Ted Pella Inc.,
Structure Probe, Inc.,
UrCooker Industrial Co., Ltd.,
Tiger’s Plastics, Inc.,
WEISHENG Commodity & Package Co., Ltd.,
Maxbourne Industrial Co., Ltd.,
Ningbo Hinix Hardware Industry & Trade Co., Ltd.,
Fuzhou CrysPack Opto-Electronic Technology Co., etc.

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

Global Clear Plastic Boxes – Market Dynamics

The consumer packaging market has witnessed a substantial growth in recent few years that in turn raised the sales of clear plastic boxes over the forecast period. However, the rise in the purchasing power of buyers is expected to impel the growth of clear plastic boxes.

In addition, younger generation constantly inclined to take products which have a higher end look. As a result of this cosmetic manufacturing companies are mainly focusing on attractive, efficient and portable packaging solutions along with quality.

Furthermore, consumer product manufacturing companies also launch their products in the international market where brand positioning of the product depends on its packaging as a result of this clear plastic boxes have seen considerable growth over the forecast period 2017-2025.

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The regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Global Clear Plastic Boxes – Market Segmentation

The global clear plastic boxes market can be segmented by the material type, by product type, by capacity and by end user base.

On the basis of material type, the global clear plastic boxes market is segmented into:

Polyethylene Terephthalate (PET)
Poly Vinyl Chloride (PVC)
Polypropylene (PP)
Polyethylene (PE)
Others

On the basis of product type, the global clear plastic boxes market is segmented into:

Single hinged
Double hinged
Clasp

On the basis of shape, the global clear plastic boxes market is segmented into:

Round
Rectangular
Other customized shapes

On the basis of application, the global clear plastic boxes market is segmented into:

Optics and Lenses
Food items
Footwear
Clothes
Jewelry
Electrical parts
Others

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T: +1-845-579-5705
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