Mortuary Bag Market is expected to rise at a steady CAGR of 4.83% by 2032

The size of the global Mortuary Bag Market was estimated to be US$ 375.64 million in 2021 and is anticipated to grow to US$ 498.62 million by 2027, registering a CAGR of 4.83% from 2022 to 2032.

The Mortuary Bag Market was worth US$ 375.64 Mn in 2021 and is predicted to increase at a CAGR of 4.83% in the next years to US$ 498.62 Mn by 2027.

Attributes Details
Mortuary Bag Market CAGR (2022 – 2032) 4.83%
Mortuary Bag Market (2021) US$ 375.64 Mn
Motor Bag Market (2027) US$ 498.62 Mn

The increased incidence of diseases and pandemics, as well as an increase in the number of traffic accidents, are some of the primary causes driving up demand for mortuary bags. The number of people killed in car accidents has risen in recent years.

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Pandemics and epidemics are expected to become more often in the future, boosting mortuary bags market development. Virus-related fatalities necessitate the use of high-grade mortuary bags. Even after an infected individual dies, the virus can spread. The emergence of diseases and pandemics such as COVID-19, Ebola, MERS-CoV, and avian flu in recent years has raised demand for mortuary bags across the world.

Furthermore, the rising prevalence of several non-communicable disorders is expected to increase the mortuary bags market throughout the forecast period.

Over the projected period, Polyvinyl Chloride (PVC) the raw material sector of mortuary bags market is expected to increase at the quickest rate. PVC is a cost-effective synthetic material that ranks third in popularity. It’s utilized to make mortuary bags because it efficiently prevents bodily fluid leaking. Mortuary bags are also used to wrap the bodies of people who have died as a result of infectious illnesses.

Polyethylene is a lightweight, long-lasting, low-cost material that is used all over the world in the mortuary bags market. Polyethylene is primarily utilized in the production of mortuary bags, which are used to wrap and transport the bodies of non-communicable illness patients.

Due to the increasing frequency of cardiovascular disorders, the hospital segment of mortuary bags market is expected to increase at the quickest rate throughout the projection period.

Over the projected period, a rising number of individuals suffering from various types of cardiac illnesses and disorders are expected to support mortuary bags market growth.

Over the projection period, demand for heavy duty and bariatric bags is expected to increase significantly. The rising incidence of obesity throughout the world is responsible for the segment’s rise in mortuary bags market.

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Refrigerators are used in morgues rooms to slow the decomposition of deceased bodies held for autopsy or research. Human bodies are wrapped in mortuary bags and preserved in freezers in the morgue. Furthermore, deaths from traffic accidents and criminal activity have grown in recent years, and the bodies are sent to the morgue for further examination.

The increased frequency of the COVID-19 pandemic and the region’s expanding obese population are driving the mortuary bags market in North America.

Over the projected period, the mortuary bags market in Asia Pacific is expected to develop at the quickest rate. The rising incidence of diabetes and the growing elderly population in the area are driving the mortuary bags market’s expansion.

Adults in India have an 8.9% prevalence incidence of diabetes. The high incidence of diabetes in the area is projected to support the mortuary bags market’s growth.

KEY TAKEAWAYS:

  • The polyethylene category led the mortuary bags market, accounting for roughly 31.0% of total sales.
  • Owing to the increased frequency of cardiovascular illnesses and the increasing occurrence of epidemics and pandemics, the adult bags segment dominated the mortuary bags market and had the biggest revenue share of 45.5%.
  • The hospitals’ segment accounted for a share of 44.03% in the mortuary bags market.
  • The mortuary bags market was led by the morgue sector, which accounted for 44.4% of total revenue.
  • The mortuary bags market was dominated by North America, which accounted for 15.9% of total sales.
  • Over the projection period for mortuary bags market, North America is predicted to increase at a CAGR of 5.7%

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COMPETITIVE LANDSCAPE:

Some of the key players operating in the mortuary bags market include Desco Medical India, Suzhou Thriving Medical Equipment Corp., Changzhou Precise Package Ltd, Dongguan Bright Sea Industrial Co, Ltd., Shen Zhen Flowkin Tech Co, Ltd, Heaven Healthcare Ltd, Debdarm Enterprises, Track Manufacturing Co, Private Limited, Plastic Fabric Solution Inc, Associated Bag, Busse Hospital Disposables, Extra Packaging Corp, Peerless Plastics Mortuary, and Deimos Zip Harness.

Mortuary bags market players are focusing on pursuing inorganic growth strategies such as acquisitions and strategic partnerships to expand their presence, enhance product portfolio, and improve expertise in the mortuary bags market.

Key Market Segments

By Material type:

  • PVC
  • Polyethylene
  • Nylon
  • Polyester
  • Other Material types

By End-Use:

  • Hospitals
  • Mortuary
  • Other End-Users

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Key Questions Answered in the Report

  • How is the Growth Outlook for the Mortuary Bag Market?
  • What was the Mortuary Bag Market Size in 2021?
  • What Factors lead to Mortuary Bag Market Expansion?
  • Which Region Leads the Global Mortuary Bag Market?
  • What will be the Size of the Mortuary Bag Market by 2027?

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Clinical Nutrition Market | Nestle Health Science, Fresenius Kabi, Abbott Laboratories, Danone | By 2032

The Clinical Nutrition Market is expected to grow at an 8.1% CAGR by 2032 over the forecast period, reaching a valuation of US$ 19,727.4 Mn by 2028, up from US$ 11,734 Mn in 2021.

The pivotal trends in the Clinical Nutrition Market include a growth in cancer research and development efforts, as well as an increase in pre-mature birth rates.

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The COVID-19 pandemic is likely to have a significant impact on the clinical nutrition market, as the demand for nutritional control, particularly among youngsters and the elderly, continues to rise. The demand for clinical nutrition products is increasing as a result of the ongoing COVID-19 crisis, as customers seek various immunity-boosting options to avoid becoming infected with the new coronavirus.

Attributes Details
Clinical Nutrition Market CAGR (2022 – 2032) 8.1%
Clinical Nutrition Market (2021) US$ 11,734 Mn
Clinical Nutrition Market (2028) US$ 19,727.4 Mn

With the outbreak of the pandemic, older individuals and patients are at danger of starvation. The illness also causes a loss of appetite, as well as other symptoms like anosmia dysgeusia or diarrhoea, which both increase the risk of disease-related malnutrition. COVID-19-induced acute starvation resulted in increased muscle mass and nutrients loss and a weakening of immunological responses.

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The rise in the incidence of metabolic diseases, high healthcare spending, and the expansion of the middle class in emerging nations are driving the clinical nutrition market’s growth. Furthermore, the expanding older population and the development of therapeutic nutrition products tailored to the needs of the elderly are likely to fuel clinical nutrition market expansion. However, several constraints, such as a lack of awareness for clinical medical nutrition and tight regulations, are impeding clinical nutrition market expansion.

The oral segment, by route of administration is anticipated to have the largest clinical nutrition market share and is expected to maintain its dominance during the forecast period, owing to an increase in malnourished patients with malignancy, chronic disease, and/or anorexia, as well as an increase in the incidences of chronic diseases such as cancer, gastrointestinal disorders, and metabolic disorders, which provide lucrative clinical nutrition market growth opportunities for the oral clinical nutrition market.

On the basis of application, the cancer segment is likely to drive the clinical nutrition market throughout the forecast period, due to a growth in the number of individuals suffering from chronic ailments such as cancer and diabetes, as well as a growing elderly population base.

The rising prevalence of chronic illnesses has prompted an increase in clinical nutrition prescriptions, since patients suffering from such ailments are deficient in a number of critical nutrients. Furthermore, the growing obesity population as a result of poor food habits and physical inactivity will drive clinical nutrition market growth.

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North America accounted for the greatest clinical nutrition market share and is expected to retain its dominance because to high R&D spending, the presence of key businesses and their product availability, and the region’s well-established healthcare infrastructure.

Asia-Pacific is predicted to have the greatest CAGR in the clinical nutrition market throughout the projection period, as Asian governments spend in the development of healthcare infrastructure.

Key Takeaways:

  • The enteral segment is estimated to be the fastest growing segment of clinical nutrition market at a CAGR of 7.30% during the forecast period.
  • The cancer segment is expected to register highest CAGR of 10.50% in clinical nutrition market during the forecast period.
  • Due to the increased awareness of the importance of clinical nutrition in cancer therapy, the cancer category surpassed USD 7.1 billion.
  • The United States dominated the North American clinical nutrition market in 2020, with a market value of about USD 11.2 billion.
  • Germany now holds a dominant clinical nutrition market share of the European clinical nutrition market, which is expected to reach USD 3.8 billion by 2027.
  • Due to the rising number of preterm deliveries, the infant feeding sector commanded more than 54.7 % of the clinical nutrition market share.
  • Due to the high frequency of malnutrition and associated diseases, the paediatric segment of the clinical nutrition market accounted for 58.7% of revenue share in 2020.
  • By 2027, the clinical nutrition market’s internet channel sector is expected to reach USD 13 billion.

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Competitive Landscape:

  • Nestle Health Science (part of Nestle SA) signed a formal agreement to buy IM HealthScience in August 2020. IM HealthScience provides medical nutrition solutions that address particular dietary requirements for a variety of disorders. The firm was able to enhance and expand its dietary management product offering as a result of this strategic purchase.
  • Danone announced a EUR 100 million investment in the growth of its specialist nutrition products in China in July 2020. This investment helped the firm expand its nutritional product offerings to meet the demands of Chinese consumers and reclaim its clinical nutrition market share in the nation.

Key Players:

Nestle Health Science, Fresenius Kabi, Abbott Laboratories, Danone, B Braun Melsungen AG, Baxter International Inc., Mead Johnson (Reckitt Benckiser), and Perrigo are some of the key players in clinical nutrition market.

Key Segments:

By Consumer:

  • Pediatric
  • Adult

By Product:

  • Infant Nutrition
  • Parenteral Nutrition

By Application:

  • Cancer
  • Metabolic Disorders
  • Neurological Diseases
  • Gastrointestinal Disorders
  • Others

By Distribution Channel:

  • Retail Stores
  • Pharmacies & Drug Stores
  • Online Channes
  • Others

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Woodworking CNC Tools Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2028

account for more than 40% share throughout the forecast period (2022-2028), and the global woodworking CNC tools market value is expected to cross US$ 2.6 Bn by the end of 2028.

In terms of wood type, medium-density fiberboard (MDF) is anticipated to account for 1/3rd of the total woodworking CNC tools sales through 2028. FMI estimates that the Asia Pacific will hold the dominant share in the market, accounting for 47.3% of the total revenue share in 2022.

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Key Takeaways of Woodworking CNC Tools Market Study

  • The 1/2″ type router bits segment is projected to exhibit a healthy annual growth rate, owing to the high preference for DIY as well as industrial applications. Furthermore, the cutters segment also holds noteworthy share in the global woodworking CNC tools market, on back of vast usage in profiling, cutting, and slotting, among others.
  • By wood type, MDF (medium-density fiberboard) is projected to hold 1/3 share in the global market, as it is used in furniture, cabinetry, and flooring making. Furthermore, in music equipment, MDF is utilized to make speaker boxes due to its consistency, smooth finish, machinability, and strength.
  • Milling, drilling, profiling, and cutting are major applications of woodworking CNC tools. Cutting and milling are projected to be the most lucrative segments in the global market.
  • Asia Pacific is projected to progress at a significant CAGR in the global woodworking CNC tools market, owing to rising demand from various end-use industries.

Market Landscape: Highly Fragmented

The global woodworking CNC tools market is highly fragmented, owing to the presence of numerous international and local players. Furthermore, leading players are expected to hold less than 15% share, while the remaining is accounted for by local players. Moreover, China and Mexico are two countries that are anticipated to change the landscape of the global woodworking CNC tools market over the coming years. During the course of research, players such as Robert Bosch GmbH, Rockler Companies, Inc., and Vortex Tool Company Inc., among others, were identified to be the leading players in the woodworking CNC tools market across the value chain.

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Future Market Insights has published a market research report on the global woodworking CNC tools market that contains global industry analysis of 2013–2021 and opportunity assessment for 2022–20289. The report provides insightful analysis of the woodworking CNC tools market through four different segments – tool type, wood type, operation, and region. The woodworking CNC tools report also includes macroeconomic factors, forecast factors, and key success factors. Furthermore, the team has also incorporated a list of global suppliers and distributors, as well as a list of online product sellers.

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Air Barrier Market Research, Segmentation, Key Players Analysis and Forecast to 2029

Analysts at Future Market Insights find that the Global AIR BARRIER Market has been evolving at a CAGR of xx% during the historic period 2014-2018. The Market study suggests that the Global Market size of AIR BARRIER is projected to reach ~US$ xx Mn/Bn by the end of 2029 with a CAGR of xx% over the stipulated timeframe 2019-2029.

The COVID-19 pandemic has been posing measurable impact on the Global economy and, in turn, on the AIR BARRIER Market. Quarantines, traveling constraints, and social distancing measures on a broad-scale drive a steep decline in business and consumer spending until the end of Q2. This research work intends to offer Market players with a viewpoint on the changing scenario and implications for the Market players.

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The AIR BARRIER Market research demonstrates the current and future Market share of each region alongwith the important countries in respective region. Key regions include:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia and Others of Asia Pacific
  • China
  • Japan
  • Middle East & Africa (MEA)

Segmentation Analysis on the basis of By End Use

  • Industrial Facilities
  • Car Parks & Underground basements
  • Military Buildings & Bunkers
  • Green Houses/ Metal Buildings         

By Product Type

  • OSB
  • Spray Foam
  • Fiberglass/
  • Rockwool
  • Cellulose
  • Others?

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Market Players

  • Soprema Inc.
  • Certain Teed
  • Atlas Roofing
  • GCP Technologies
  • Carlisle Company
  • Firestone Building Products Company, LLC

What does the AIR BARRIER Market research holds for the readers?

  • One by one company profile of key vendors.
  • Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the Global AIR BARRIER Market.
  • Evaluation of supply-demand ratio in every end use industry.
  • Regional analysis on the basis of Market share, growth outlook, and key countries.
  • Positive and negative aspects associated with the consumption of AIR BARRIER.

The AIR BARRIER Market research clears away the following queries:

  1. What is the present and future outlook of the Global AIR BARRIER Market on the basis of region?
  2. What tactics are the AIR BARRIER Market vendors implementing to give tough competition to their business counterparts?
  3. What are the macro- and microeconomic factors affecting the Global AIR BARRIER Market?
  4. Which end use segment is spectated to lead by the end of 2028?
  5. Why region has the highest consumption of AIR BARRIER?

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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.

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Diamond Core Drilling Market | Present Scenario and Growth Prospects 2031

The market is poised to expand at over 6% CAGR on the account of increasing mining and construction activities across the globe. This is expected to increase the adoption of diamond core drilling machines, spurring sales.

With more than 21% of the global market share, the United States will dominate the diamond core drilling industry, predicts FMI. Given the extensive use of drilling machines in the American construction sector, the market is anticipated to grow at a healthy rate over the course of the forecast period.

The diamond core drilling market is anticipated to experience significant growth during the forecast period, according to research from Future Market Insights (FMI). These, improvements in business automation technology, and demand for specially designed drilling machines are expected to help the market eventually reach a cargo of 42,000 units during the forecast period.

With the increasing demand for customized and automated drilling machines, the market is expected to reach the value of US$ 1.8 Bn in 2021. Growth in the market is attributed to the rising mineral production across developing economies, including India, China, and Japan.

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As per FMI, the market registered an increase of 2% in 2021 registering year-on-year (YoY) growth of 5.2%. Due to the rising rate of fatalities and accidents at constrictions and mining sites, the government is pushing for the adoption of rig-operated drilling machines instead of hand-held.

Key Takeaways from FMI’s Diamond Core Drilling Market Study

  • In terms of end-use, the construction industry will hold the majority of the share however increasing mineral production rate across the globe will increase the application of diamond core drilling in the mining industry
  • Due to stringent safety protocols and increasing fatalities in mining industries, the adoption of rig-operated drilling machines is increasing, boosting segment growth
  • Based on drilling technique, stitch drilling is expected to account for lion’s share in the global diamond core drilling market
  • Germany is expected to be one of the most lucrative markets owing to the presence of leading companies
  • India is expected to witness lucrative growth opportunities backed by rising application in the mining and construction industry
  • China will lead East Asia’s diamond core drilling market owing to the favorable government initiatives to increase the adoption of automated drilling machines

“With the surging application of diamond core drilling in construction and mining industries, end-users are focusing on efficiency and precision. To meet the growing requirement for increased productivity, key manufacturers are extensively adopting advanced and cutting-edge technologies for automation and customization. This will widen the growth prospects for manufacturers in the forthcoming years,” says the FMI analyst. 

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Competitive Landscape

The dominance of the top five players has left the market consolidated, creating an entry barrier for new players in the global diamond core drilling market. Adoption of inorganic growth strategies to gain exposure in the overseas territories is one of the major factors expected to create growth opportunities.

Future Market Insights identifies Hilti Corporation, Epiroc AB, Bogart Longyear, Robert Bosch, and Husqvarna AB among the top 5 players in the diamond core drilling market. The contribution of these top 5 players in global market revenue, collectively, is estimated to be around 13.6%.

Key manufacturers are focusing on technological advancement and product customization which is expected to expand their regional footprints in the industry, spurring sales.

For instance, Barsele Minerals Corporation, on 7th June 2021, announced the resumption of diamond drilling activities which included drilling for 3,000 meters to test orogenic gold and volcanogenic massive sulfides. The drilling exploration program is operated through a joint venture with Agnico Eagle Mines Limited.

The company also announced the acquisition of Agnico Eagle’s indirect 55% interest in the Barsele Project and upon completion of the drilling project, the company will take over Agnico Eagle Mines Limited, consolidating 100% control.

Also, in June 2021, another manufacturer, Tectonic Metals Inc. announced the company’s exploration plans, anchored by two oriented diamond drilling campaigns, Tibbs Gold Project and Seventymile Gold Project in Alaska. The company is using rotary air blast drilling to carry out the exploration program.

Get More Insights on Global Diamond Core Drilling Market

The research report analyzes the demand for diamond core drilling across the globe. The diamond core drilling market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the market has been analyzed based on operation type, drilling type, drilling technique, end-use, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market on both, the supply-side and demand side.

Diamond Core Drilling Market by Category

By Operation Type:

  • Hand Held
  • Rig Operated

By Drilling Technique:

  • Stitch Drilling
  • Underwater Diamond Drilling
  • Surface Drilling
  • Underground Drilling

By Drilling Type:

  • Rotary Drilling
  • Wireline Drilling

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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.

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Inflatable Tents Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2028 

Preliminarily driven by military and commercial applications, inflatable tents are witnessing healthy sales in recent years. At an estimated 7.5% year on year revenue growth in 2019, the market for inflatable tents is likely to exceed US$ 750 Mn.

According to a newly released intelligence study by Future Market Insights, a majority of the growth of inflatable tents landscape will remain concentrated in developed markets – especially in the US and Western Europe. However, inflatable tents landscape is on the verge of discovering a promising growth scenario within Asia Pacific in the coming years, as indicated by the report.

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North America & Europe Make up for most of the Revenue in Inflatable Tents Landscape

The US alone is the massive revenue generator in the global inflatable tents landscape, as over a million US-based families have been camping each year in the recent past. On the other side, Europe inhabits a vast millennial population that frequently plans adventure tours and camping activities, directly encouraging sales of gear such as inflatable tents.

North America currently holds just-under 1/3rd share of the global revenue, which is clearly attributed to the widening application base in military and adventure tourism. Whereas, growing demand for inflatable tents for personal applications is shaping the European market.

The visibly growing adventure tourism trend in APAC is also identified to point to promising business opportunities for manufacturers and distributors of inflatable tents in the region. FMI study projects significant yearly growth for the APAC inflatable tents market in the next couple of years – underlining relatively higher growth in India, Australia, and China.

Military Application Base of Inflatable Tents Continues to Expand

While the global military expenditure is observing a constant rise over the recent past, developing economies in Asia Pacific, MEA, and Oceania mark their presence as the key contributors towards this expanding military spending. Moreover, the military budget nub is gradually shifting away from the Euro-Atlantic region. In addition to this, growing overseas troop deployment is playing a crucial role in raising considerable demand for inflatable tents from the military sector of in developing economies.

Will Poly Cotton be the Next Choice of Primary Raw Material for Inflatable Tent Manufacturers?

Although PVC and poly cotton currently hold a similar value share in the inflatable tents landscape, nylon accounts for a relatively lower share. Poly cotton is however likely to encounter healthy incremental opportunity, outpacing PVC in the coming years. By 2020 end, FMI report forecasts the peak of year on year revenue growth for the poly cotton based inflatable tents. High strength, superior heat resistance, durability, and affordability collectively account for a growing revenue share of poly cotton in inflatable tents market. Environmental regulatory standards regarding the usage of PVC as a raw material in manufacturing is representing a vital factor influencing the sales performance of PVC in inflatable tents landscape.

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Segmental Analysis of Inflatable Tents Landscape

  • Based on the type of inflatable tents, self-erecting tents that are currently covering the most of market revenue share, continue to enjoy higher sales owing to their high convenience quotient. Hybrid tents on the flipside represent a lower value share in inflatable tents market.
  • On the basis of shape of inflatable tents, dome shaped tents continue to dominate over the coming years. However, tunnel shaped inflatable tents are likely to represent a higher incremental opportunity.
  • By end use of inflatable tents, military holds more than 50% share of the total market value at present, which is predominantly driven by storage and medical applications that attract substantial revenue to the military segment. An equal incremental opportunity is projected for both segments, i.e. military and personal by 2020.

Key Insights Drawn from Competitive Landscape Analysis of Inflatable Tents Market

The global market for inflatable tents is a highly fragmented competitive landscape governed by a large number of small players, accounting for the lion’s share in the total revenue. The Tier 1 players include both private and public companies that have strong global presence; however, they account for a mere 25% share in the inflatable tents market value.

  • Regional players are taking concentrated efforts in strategizing brand management and promotion.
  • Consolidation of sales and distribution network is a priority for an enhanced market footprint.
  • Retail store expansion and strengthening of direct-to-consumer channel are emerging popular trends among manufacturers, especially regional brands.
  • The focus on inflatable tent sales through Ecommerce is zooming in with an objective of achieving maximum market penetration.
  • Price optimization is likely to be a priority for players looking forward to entering developing markets for inflatable tents.
  • Improved raw material and product quality through technological innovation is being increasingly considered as a key strategy for better RoI.
  • Beyond poly cotton, development of lightweight raw materials is attracting R&D interests of inflatable tent manufacturers.

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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.

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Glass Door Merchandizers Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2028

FMI presents detailed analysis and delivers key insights on the global glass door merchandiser market in its latest report titled ‘Glass Door Merchandiser Market: Global Industry Analysis 2013-2021 & Opportunity Assessment 2022-2028’. The long-term outlook on the global glass door merchandiser market is positive with the glass door merchandiser market expected to be pegged at a value of US$ 6,686.1 Mn in 2022.

It is expected to reach US$ 13,557.9 Mn by 2028 end while growing at a value CAGR of 7.3%. Among the segments by configuration, the self-contained glass door segment is expected to account for the lion’s share in terms of value and volume over the forecast period. The hinged door type segment is expected to expand at a relatively higher CAGR.

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Among regions, Asia Pacific excluding Japan (APEJ) is anticipated to retain its dominance throughout the forecast period while growing at a rate of 9.03% from 2022 to 2028. In this report, FMI throws light on the drivers and restraints likely to impact the glass door merchandiser market during this period.

Global Glass Door Merchandiser Market: Dynamics

Market insights suggest that the global glass door merchandiser market will witness high growth during the forecast period, which can be attributed to the growing economies, urbanisation, increasing standard of living of people and infrastructural developments taking place in the region.

Growing food and beverages consumption and growing focus being put on marketing and promotion of products to attract the customers are the two factors pushing the market for glass door merchandisers.

Growing demand of food and beverages product displays for promoting and marketing food and beverages products to attract customers will further add to this demand. The need for higher output with fewer resources is driving the development of new technologies, especially in the retail industry.

The use of glass door merchandiser products increases the food and beverage selling capacity of retailers. Economic growth, increasing standard living of people and urbanisation in developing countries, such as India, China and Asia Pacific region, will boost the demand in the global glass door market.

However, increase in raw material prices will be a major restraint for the global glass door merchandiser market. Major global players are partnering with various companies and distributors to sell their products and to increase their footprint in the global glass door merchandiser market. Technology advancements and research and development activities will create new opportunities for the major players in the global glass door merchandiser market.

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Global Glass Door Merchandiser Market: Segments

The glass door merchandiser market has been segmented on the basis of application into retail outlet, commercial complexes and commercial kitchens. On the basis of application, the retail segment is anticipated to dominate the glass door merchandiser market in terms of value and volume over the forecast period. The retail segment is also projected to grow at a relatively higher CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 4622846 Mn between 2022 and 2028 in the global glass door merchandiser market.

Global Glass Door Merchandiser Market: Regional Outlook

Regionally, Asia Pacific accounted for over 49% of the global glass door merchandiser market value while North America accounted for the second largest share in the global glass door market in the forecast period form 2022-2028. China, India and SEAP are projected to be the fastest growing regions with a CAGR of 9% during the forecast period.

Large population base, growing economies, urbanisation, improving standard of living and infrastructural developments are some of the important factors driving the demand in the glass door merchandiser market.

Global Glass Door Merchandiser Market: Key Participants

The report highlights some of the top companies operating in the global glass door merchandiser market including Traulsen, Tuobo Air Inc, Arneg Group, Everest, Liebherr, UAB Feror LT, True manufacturing Co.Inc, Migali industries, Anthony Inc and Hussmann Corporation.

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Mobile Sterile Units Market | Steris Corporation, Benchmark Scientific, Astell Scientific, Getinge Group | By 2031

From 2021 to 2031, the demand for Mobile Sterile Units Market is anticipated to grow at a 5.5% CAGR. The market has a value of $205.4 million in 2021.

Sterile units are used for the sterilization of surgical equipment and laboratory instruments in the hospital. The rising cases of hospital acquired infection and cross contamination is anticipated to upsurge the growth of the mobile sterile units market over the forecast period. Also, the mobile sterile units are easy to handle and finds a wide application in operation theatres during the surgical procedures. Manufactures are continuously investing in the research and development activities to come up with advanced sterile units thus creating more copes over the forecast period.

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Mobile Sterile Units Market: Drivers and Restraints

Increasing adoption of sterile units to prevent cross contamination in hospitals and clinics is one of the key factor expected to boost the growth of the mobile sterile units market globally. Also, the mobile sterile units are portable thus making it more convenient for patient and professionals, which is contributing to the growth of the global mobile sterile units market over the forecast period.

Increasing awareness of people towards the hospital acquired infection are expected to boost the growth of the mobile sterile units market. Increasing number of surgical procedures which requires sterilized equipment are further aiding in the growth of the mobile sterile units market. Also, portable sterile units require less space on the floor and weigh less thus increasing the demand of the mobile sterile units market. Also, the various applications of mobile sterile units in laboratories and research academics are further expected to fuel the overall growth of the market over the forecast period

Mobile Sterile Units Market: Overview

Mobile sterile units market is gaining popularity due to the higher adoption of portable sterile units in hospitals by doctors and professionals. Among the product type cold sterilizers has accounted for the major market share over the forecast period. Hospitals segment among end users are accounted for significant market share due to large patient footfall.

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Mobile Sterile Units Market: Regional Outlook

North America expected to dominate the global mobile sterile units market due to the growing awareness of patients and doctors to avoid cross contamination during the surgical procedures. Europe is expected to contribute second-highest revenue share in global mobile sterile units market due to the higher adoption of mobile sterile units in the region by professionals. The Asia Pacific expected to grow with the highest growth rate in the mobile sterile units market due to the increasing surgical procedures in the region. Middle East & Africa mobile sterile units market expected to grow with the lowest growth rate due to lack of awareness, and poor medical facilities.

 Mobile Sterile Units Market: Key Market Participants

Example of some market players participants in mobile sterile units market are Steris Corporation, Benchmark Scientific, Astell Scientific, Getinge Group, Shinva Medical Instrument, Belimed AG, Yamato, and Systec. Manufacturers are focusing on marketing and promotional activities as well as partnership activities with the mobile sterile units providers to accelerate market growth.

The research report on Mobile Sterile Units market 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 on Mobile Sterile Units market provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • 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. 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.

Mobile Sterile Units Market: Segmentation

Globally, the mobile sterile units market is segmented on the basis of product type, end users and region..

On the basis of product type, mobile sterile units market can be segmented into:

  • Cold Sterilizers
  • Steam Sterilizers
  • Gaseous Sterilizers
  • Ultraviolet Sterilizers
  • Others

On the basis of end users, mobile sterile units market can be segmented as:

  • Hospitals
  • Clinics
  • Ambulatory surgical centers
  • Research Academics

Report Highlights:

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

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Construction Chemicals Market will Reach a Valuation of over US$ 104.92 Billion towards 2032-end

According to a recent industry analysis by Future Market Insights, the construction chemicals market is expected to be worth US$ 54.85 billion in 2022. (FMI). Over the projection period, demand is expected to increase at a CAGR of 6.7%.

Major players in the construction chemical industry are focusing on environmentally friendly and sustainable products for cool roof treatments, thermal insulation, overall building protection, polycarboxylate ether-based green admixtures, and underground structure protection.

Demand for construction chemicals is boosted by rising living standards and per capita disposable income. There is probably more residential and non-residential construction to accommodate the growing demand brought on by urbanization. However, government regulations forbid the excessive use of construction chemicals, as VOC emissions prevent the construction chemicals market for these materials from growing.

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In order to emphasize multifunctional properties and significantly support unique materials with a variety of uses, the building chemicals industry is generating a wide range of solutions, such as small changes of conventional materials and the development of new material assemblages.

Applications of construction chemicals are essential for maintenance tasks. The importance of maintaining, repairing, and enhancing existing structures, particularly for residential and infrastructural developments, is what drives demand for construction chemicals.

Numerous government initiatives to promote infrastructure development, together with the rising residential sector, have significantly supported the market expansion in the area over the predicted period.

Key Takeaways 

  • The construction chemicals market is likely to have a CAGR of 7% during the forecast period.
  • According to the application, the resident segment holds the largest share during the forecast period for the construction chemicals
  • North America holds a significant share in the global construction chemicals
  • Based on type, concrete admixture accounted for the 36% construction chemicals market share in 2021.
  • During the forecast period, Asia Pacific is expected to dominate the construction chemicals market.
  • The value of the construction chemicals market is expected to be US$ 104.92 billion by 2032.

Competitive Landscape:

To meet changing consumer demand, manufacturers of construction chemicals prioritize increasing production capacity. Construction chemical market trends are predicted to be influenced by portfolio expansion and divestment plans over the anticipated time period.

To boost their market share in the construction chemicals industry, the leading companies in this space mostly employ acquisition and growth strategies.

The DOW Chemical Co., RPM International Inc, Ashland Inc., MAPEI, Akzo Nobel NV, Arkema SA, Fosroc, Pidilite Industries, Covestro AG, Henkel AG & Co. KGaA, HB Fuller Company, Lanxess AG, The 3M Company, Wacker Chemie AG, Huntsman Corporation, Momentive Performance Materials, Guangzhou Jointas Chemical Co. Ltd are some major key players in the construction chemicals market.

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Construction Chemicals Market Key segments

By Product Type:

  • Waterproofing Chemicals
  • Protective Coating
  • Concrete Admixture
  • Adhesives & Sealants
  • Asphalt Additives

By Application:

  • Residential
  • Commercial & Industrial
  • Infrastructure

Recent Developments

  • In July 2021, Saint-Gobain and Chryso, a major player in the worldwide construction chemicals market, entered into a purchase agreement. The purchase of Chryso matches Saint-strategic Gobain’s ambition of being the global leader in sustainable construction. With combined sales of more than €3 billion across 66 countries, it further increased the Group’s footprint in the developing construction chemicals sector.
  • With the debut of a distinct green product line in the category, JSW Cement, India’s top green cement business, entered the construction chemical market in June 2021. JSW Cement now has new chances to connect innovation in concrete mix products with ethical construction thanks to the Construction Chemical category. The business of the corporation grew as a result of this development.

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U.S. Hitter Based Hand Tools Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2028

The hitter-based hand tools market in the United States is expected to grow by 3.3 percent year on year in 2022, reaching a value of approximately US$ 562.1 Mn. Hitter-based hand tools includes hitting and striking hand tools, such as hammers, axes, mallets, shovels and crowbars.

It is anticipated that there will be an increase in demand for hand tools, particularly those made for DIY and domestic purposes. The popularity of DIY projects is rising in part due to rising disposable income and rising consumer interest in leisure and recreational activities.

As a result, there are now excellent opportunities for hand tool sales, inspiring manufacturers to introduce innovative products into the DIY market. Between 2022 and 2028, the U.S. market is projected to experience a CAGR of 3.4%. Because of the rising demand from numerous industries, the U.S. will continue to be a significant market for hitter-based hand tools over the forecast period, according to FMI.

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A highly Consolidated U.S Hitter-Based Hand Tools Market to Gain from Product Innovation
The market for hitter-based hand tools is highly consolidated and the key players are focusing on acquisitions and expansions to enhance their market share. Additionally, incessant competition between tool manufacturers is likely to restrict the growth of the hand tools market to some extent. Research also suggests that increased automation in the production process will displace the market for hitter-based tools. Future Market Insights predicts that the aforementioned factors may dampen U.S revenue growth of the hitter-based hand tools market in the coming years.

Key players in the U.S hitter-based hand tools market have been channelizing efforts towards strengthening their distribution channels while also focusing on online sales of hand tools by signing agreements with different online portals, as consumers are more likely to buy hitter-based hand tools through online channels, owing to the growing consumer preference towards eCommerce. Manufacturers are also focusing on new product innovation with greater efficiency and easy maintenance qualities. Top manufacturers of hitter-based hand tools in the U.S market are Stanley Black & Decker Inc, Apex Tool Group LLC, Snap-on Incorporated, Vaughan & Bushnell Manufacturing, and Estwing Manufacturing Company, Inc.

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Across U.S, Shovels are the Most Preferred Hitter-Based Hand Tool
Shovels are anticipated to register robust growth during the second half of the forecast period owing to growing demand for gardening and DIY applications, occupying close to 40% market share. Likewise, higher sales of hammers in the U.S can be attributed to the growing demand for hitter-based hand tools from end-use sectors such as construction, woodworking & framing, manufacturing & fitting, household & DIY and rescue management.

Hitter-Based Hand Tools Market Competitive Landscape

Over the past few years, an increment in the number of acquisitions and expansion activities has been witnessed to improve the supply of hitter-based hand tools. Several key players are focusing on improving the efficiency of touch hand tools for various applications. The emergence of various manufacturers had also been witnessed in U.S. businesses.

For Instance,

  • In 2017, Snap-on Incorporated acquired Norbar Torque Tools Holdings Limited, based in Banbury, U.K., which has a full range of torque products in its portfolio

Stanley Black & Decker, Inc. acquired the tool business of Newell Tools which includes Irwin and Lenox brands for US$1.84 Bn.

U.S. Hitter-Based Hand Tools Market By Category

By Product Type:

  • Hammers
  • Mallets
  • Axes
  • Shovels
  • Crowbars

By Sales Channel:

  • Bulk Distributor Sales
  • Retail Sales
  • Online Sales

By End-Use Sector:

  • Household & DIY
  • Construction
  • Woodworking & Framing
  • Manufacturing & Fitting
  • Mining
  • Forestry & Agriculture
  • Rescue Management

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