Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market is set to expand 1.4X over the forecast years.

According to a recent market analysis conducted by Future Market Insights (FMI), the global Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market was valued at US$ 3.8 billion in 2021 and is anticipated to reach US$ 5.5 billion by 2030.

Sepsis, toxic shock syndrome, bacteremia, osteomyelitis, endocarditis, meningitis, pneumonia are amongst the life-threatening diseases caused by Staphylococcus Aureus bacteria. These diseases are cured by antibiotics.

Some form of staphylococcus aureus that has developed resistance to a broad range of antibiotics fall in the category of “Methicillin-Resistant Staphylococcus Aureus (MRSA)”. This resistance is one of the key factors driving the market in the near future as well as extensive research ought to be on the anvil to devise new medications.

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According to FMI’s latest study, the rising incidences of MRSA all over the world are likely to create demand for safe and efficient drugs during the forecast period.

Covid-19 Pandemic: A Short-term Upholsterer

Outbreak of novel corona virus has resulted in short-term considerable increase in the number of MRSA infections. This number is expected to boost the market demand for MRSA antibiotics during the ongoing Covid-19 crisis. As per the latest data, around 2.5 million people have been infected by Covid-19 so far.

Key Takeaways of MRSA Treatment Market Study 

  • In terms of drug class, glycopeptides (vancomycin) and oxazolidinones (linezolid) are collectively expected to account for over 75% of revenue share in the MRSA treatment market owing to preference of both antibiotic classes as a first-line treatment against MRSA infections and used in more than 80% of MRSA cases treatment.

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  • By route of administration, intravenous (IV) route of administration remains the recommended option. Drugs that can be administered through IV are likely to gain more than one-half of market share in the MRSA treatment market during the forecast period.
  • By indication, skin and soft tissue infections (SSTIs) are leading the market and expected to gain more than 40% of revenue share followed by the pneumonia over the forecast period.
  • Incidence of healthcare acquired MRSA is higher than community acquired MRSA, and FMI opines status-quo to remain unchanged during the assessment period
  • North America is the highest revenue generating market by region due to high incidence of MRSA infections
  • Asia Pacific is expected to witness high demand for MRSA testing systems due to high incidences of MRSA infection herein. For example – Journal of Family Medicine and Primary Care, in 2021, stated that occurrence of MRSA among kids aged 5 to 15 is between 16 and 52%. India alone accounts for 4-19% of these infections.

Government and Pharma Industry Focus on Working in Unison to Develop Advanced Treate  

As per University of Melbourne’s researchers, “Teixobactin” responds positively against MRSA. These results are likely to pave the way for development of antibacterial drugs to treat multi-drug resistant Gram-positive infections with thick cell wall. This will open wider doors for MRSA treatment market all over Australia and the other countries in Asia-Pacific. Teixobactin is already known for destroying Mycobacterium tuberculosis.

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Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market By Category

By Drug Class :

By Indication :

  • Skin and Soft Tissue Infections (SSTIs)
  • Pneumonia
  • Bloodstream Infections
  • Surgical and Medical Infections
  • Others

By Route of Administration :

  • Intravenous
  • Oral
  • Topical
  • Nasal
  • Cutaneous
  • Intramuscular

By Type of MSRA :

  • Healthcare Acquired MRSA
  • Community Acquired MRSA
  • Hospital Acquired MRSA

By Distribution Channel :

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

By Region :

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

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About Future Market Insights (FMI) 

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

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Vegetable Parchment Paper Market Analysis of Key Trends, Industry Dynamics and Future Growth 2030

The vegetable parchment paper is cellulose-based paper, which is coated to make it non-stick. The vegetable parchment paper is a secured packaging or wrapping option for food wrapping without imposing any residual. The vegetable parchment paper is used due to its excellent waterproof, odorless, and fat resistant properties.

The ability to withstand in high temperature up to 200  makes vegetable parchment paper the most favorable wrapping option for cooking or baking the food. The largest brands in the food industry generally use the vegetable parchment paper for wrapping bakery and dairy products.

Along with the processed food packaging, the vegetable parchment paper has household applications to bake or roast the vegetables. Across the world, the processed food industry is bourgeoning at high growth. To maintain the quality of food is the key concern for the food companies. Hygiene and extended shelf life are the key factors to consider food packaging solutions. The vegetable parchment paper is increasing in demand due to its safe and natural packaging solutions.

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Global Vegetable Parchment Paper Market: Key Players

The key players operating in the global vegetable parchment paper market are as follows:

  • Ahlstrom-Munksjö Oyj
  • COREX Group
  • Pudumjee Group
  • McNairn Packaging, Inc.
  • Scan Holdings
  • Amol Paper Mills Pvt. Ltd.

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 an 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 vegetable parchment paper market segments and geographies.

Global Vegetable Parchment Paper Market: Dynamics

The food industry is growing across the world. Along with food products, the packaging of food is also creating a high effect on consumer preferences. The vegetable parchment paper is cost-efficient and sustainable packaging products, which are the primary need of food companies from the packaging solutions.

The aluminum foil market for food is expected to witness a loss in market share due to the increased adoption of vegetable parchment paper. The vegetable parchment paper market is going through the high regulatory compliance and authority approvals, which makes quite difficult to paper manufacturers to enter the market.

The popularity of vegetable parchment paper is increasing from the last five years. The global export of vegetable parchment paper was expended by 13% in value during 2017-2018. According to the International Trade Centre, Finland is the leading exporter of vegetable parchment paper, which had exported around 0.3 Mn tons of shipments in 2018.

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Regional Analysis Includes

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

Global Vegetable Parchment Paper Market: Segmentation

The global vegetable parchment paper market has been segmented by grammage, product type and distribution channel.

On the basis of grammage, the vegetable parchment paper market has been segmented into:

  • Up to 40 GSM
  • Above 40 GSM

On the product type, the vegetable parchment paper market has been segmented into:

  • Plain Vegetable Parchment
  • Siliconized Vegetable Parchment

On the basis of the distribution channel, the vegetable parchment paper market has been segmented into:

  • Hypermarket
  • Supermarket
  • Specialty Stores
  • Online Stores
  • 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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Aluminium ROPP Closures Market SWOT Analysis, Top Key Players, Ongoing Trends And Forecast To 2030

The primary factor which is responsible to ensure the security of any product is its packing and avoiding its loss during transportation. Closure made of aluminium helps in attaining this security of the product. In addition to this, aluminium is lightweight, it is easily recyclable and possesses efficient product covering capability.

It also helps to retain the quality of the product even for long-distance transportation which makes it more useful in terms of packaging and security of the product.

The closures are available in various sizes and shapes which give the consumer variability in the selection of diverse products and thus provide a promising market for such material. New methods to make aluminium Roll-on-Pilfer-Proof (ROPP) closures include tamper evidence which makes product visible and thus helps to attract the customers easily.

Digital technology advancement also helps to use more of aluminium ROPP closures since it gives more area for graphic advertisement and provides economic relief in packaging as compared to that of cork and other available types of cap & closures.

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Aluminium ROPP Closures Market: Key Players

Some of the key players in Aluminium ROPP closures market are

  • Integrated Caps Pvt. Ltd.,
  • Caps & Seal Indore Pvt Ltd.,
  • Crown Holdings Inc.,
  • Silgan Holdings Inc.,
  • Amcor PLC,
  • Guala Closures SpA/Italy,
  • Closure Systems International Inc.,
  • Federfin Tech Srl,
  • Hicap Closures Co. Ltd.,
  • Manaksia Ltd,
  • O Berk Co LLC and
  • Zhejiang Sanyou Packaging Co. Ltd.

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 an 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 based on segments and geographies.

Aluminium ROPP Closures Market: Dynamics

The factors which drive the aluminium ROPP closures market are ease of use, protective nature, reduction in package size, efficient handling of the product with security. Since aluminium can be recycled, sustainability is also a factor which drives the market of aluminium ROPP closures market.

The factors which restrain the growth of aluminium ROPP closures market are the availability of effective alternative materials, pouches, wrappers with zippers and dynamic nature of the market which needs regular innovation in packaging such as the use of blister caps in the market. The trend shifting towards the use of PET products is also hampering the market of aluminium ROPP closures.

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Aluminium ROPP Closures Market: Regional Outlook

On a global scale, the aluminium ROPP closures market is dominated by Asia-Pacific region and is expected to dominate for further coming years in terms of value and size of the market due to rise in the Food and Beverage products demand and expansion of health care & personal care sector in this specific region.

Europe and North America also show the promising market for Aluminium ROPP closures in forecasting years which is anticipated due to enhancement in the retail market and e-commerce market.

Last but not the least that stands in Aluminium ROPP closures market are Middle-East & Africa and South America. The economic development in such regions is expected to be a major factor for rising in Aluminium ROPP closures market. All the regions with the emerging economy are expected to grow in Aluminium ROPP closures market shortly.

Aluminium ROPP Closures Market: Segmentation

The Aluminium ROPP closures market is segmented on the basis of end-use industry and size of the closure.

The Aluminium ROPP closures market is segmented on the basis of the end-use industry as:

  • Beverage
  • Food
  • Pharmaceuticals
  • Homecare
  • Personal care
  • Automotive
  • Chemical
  • Oil and Gas
  • Clinical/Medical

The Aluminium ROPP closures market is segmented on the basis of the size of the closures as:

  • Size from 17 mm to 53 mm
  • Height from 6 mm to 12 mm

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About Future Market Insights, Inc.

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

Contact Us:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Slide Tray Box Market Analysis of Key Trends, Industry Dynamics and Future Growth 2030

This Slide Tray Box market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Slide Tray Box market.

Slide Tray Box Market: Key Players

A few of the key players in the slide tray box market Smurfit Kappa Group Plc, Mondi Group plc., WestRock Company, DS Smith Packaging Limited, VPK Packaging Group nv, Stora Enso Oyj, etc.

The slide tray box market 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.

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The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2014 – 2018
  • Market Size & Forecast 2019 to 2029
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Slide Tray Box Market: Overview

Slide tray box is most often used as a packaging medium owing to ease of handling, storing, loading, and unloading of the product. Slide tray increases the utility of the box, as its design and structure give easy insertion and removal of stored material. The market for shelf-ready slide tray box is increasing across the world for displaying luxurious products and electronic gadgets.

Some of the slide tray boxes have compartments which help to store the different product in the box. The sturdy construction of slide tray box protects the stored products, thereby increasing its shelf life. Depending upon the products, the slide tray box is manufactured from metal, wood, plastic, paper, and cardboard. The market of slide tray box is increasing due to its lightweight and good cushioning effects.

The combination of rigidity and cushioning quality makes the slide tray box strong to bear impact during transportation. It is witnessed that the demand for corrugated and plastic slide tray box is rapidly increasing compared to another packaging medium.

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Slide Tray Box Market: Dynamics

Easy customization, lightweight, and easy recyclability are the driving parameters of the global slide tray box market. Furthermore, the plastic, paper, and cardboard slide tray boxes are cost affordable. Besides this, the easy opening and closing of the packaging that is easy to handle the product acts as a fueling factor for the rapid growth of the slide tray box market.

Slide tray box is versatile, durable, and sturdy in nature, which propels the market of slide tray box market in multiples. Additionally, the slide tray boxes can be used as an effective tool for marketing and brand promotions, as it provides better printing and graphics capability supporting different printing options such as litho, digital and screen printing. The market for slide tray box is increasing on the backdrop of food and beverages.

It’s an eye catchy medium for packaging of confectionery products, chocolates, dry fruits, and other food products, which boost the sales. It is also anticipated that the demand for slide tray box is increasing in electronics and electrical industries for storing and displaying various gadgets. The textile and chemical industries are providing increasing opportunities for shelf-ready packaging of garments, fragrances, etc.

Failure of glide way or recess might hamper the smooth functioning of slide tray. Hence, switching to alternate packaging medium might reduce the growth of slide tray box market.

Slide Tray Box Market: Segment

The slide tray box market is segmented on the basis of product, material, capacity, and end use industry. The detailed segmentation is as follows:

On the basis of product,

  • V notch drawer box
  • Box with ribbon pull
  • Box with handle

On the basis of material,

  • Plastic
  • Metal
  • Wood
  • Cardboard and Paper

On the basis of capacity,

  • Up to 1 Kg
  • 1.1 Kg to 3 Kg
  • 3.1 Kg to 5 Kg
  • Above 5 Kg

On the basis of end use industry,

  • Food and Beverages
  • Electronics and Electricals
  • Textile
  • Chemicals
  • Pharmaceuticals and Health care
  • Personal Care & Cosmetics
  • Others

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Greyboard Market | Global Industry Growth, Size, Share and Forecast 2028

This Greyboard market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.

This study is one of the most comprehensive documentation that captures all the facets of the evolving Greyboard market.

Greyboard Market: Key Players

Some of the key players operating in the global greyboard market are

  • Smurfit Kappa Group plc,
  • Skjern Papirfabrik A/S,
  • Preston Board & Packaging Ltd.,
  • Doric Anderton Ltd.,
  • Corenso United Oy Ltd.,
  • EskaBoard Ltd.,
  • Jai Vijaya Paper & Boards Pvt Ltd.,
  • Venkateshwara Boards Pvt. Ltd.,
  • Emami Paper Mills Ltd,
  • Galaxy Papers Pvt. Ltd.

and more. Many other local and unorganized players are expected to contribute to the global greyboard market during the forecast period.

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

Greyboard Market: Regional Outlook

Geographically, the global greyboard market has been segmented in seven key regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan.

The global greyboard market is expected to grow at a healthy CAGR over the forecast period. The fast paced growth of retail chains and packaged goods in the developing countries of Asia Pacific is expected to boost the demand for greyboard in the coming years.

Greyboard Market: An Overview

Greyboard is a 100% recycled, low grade thick sheet. Greyboard also known as chipboard, is considered as a more economical alternative of wooden boards. With the rising concerns regarding the usage of plastics have resulted in hiked demand for paperboard packaging solutions which has aided in growth of greyboard market globally.

Greyboard is available in many grades and can also be lined using polyethylene, silicon, Kraft linings as well as polyester. Greyboard is chiefly used for making inserts & dividers, book covers, folding cartons and more. Manufacturers are using greyboard to reduce their overall packaging cost incurred.

Greyboard is used for the manufacture of various protective packaging solutions such as inserts & dividers. With the growing applications of protective packaging in various end use industries, the demand for greyboard is expected to grow over the next few years.

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Greyboard Market: Dynamics

Greyboard is used in a wide range of applications owing to its light-weight and cost effectiveness. Also, it is recyclable, which makes it an environmentally friendly solution for packaging. Food & beverage packaging industry followed by electronic goods is expected to represent immense growth opportunities for greyboard market which can be attributed to increasing adoption of greyboards in shipping and storing of products.

However, greyboard has a raw unfinished appearance which is why it does not have much visual appeal. This restricts the areas of application of a greyboard for point of sale display packaging. In addition to this, greyboard is not considered apt for superior quality printing as they are made from low grade recycled sheets. These factors might hamper the growth of greyboard market during the forecast period.

Greyboard Market: Segmentation

Globally the greyboard market has been segmented as thickness, applications and end uses.

On the basis of thickness, the global greyboard market has been segmented as follows

  • 5 mm – 1 mm
  • 1 mm – 1.5 mm
  • 5 mm -2 mm
  • 2 mm and above

On the basis of applications, the global greyboard market has been segmented as follows

  • Edge protectors
  • Folding cartons
  • Pallet sheets
  • Writing pads
  • Inserts & dividers
  • Others (Book covers etc.)

On the basis of end uses, the global greyboard market has been segmented as follows

  • Food & Beverage packaging
  • Personal Care & Cosmetics packaging
  • Automotive packaging
  • Industrial Goods packaging
  • Pharmaceutical packaging
  • Others

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About Future Market Insights, Inc.

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Kraft Labels Market | Global Industry Growth, Size, Share and Forecast 2028

Kraft labels are paper-based labels which are made up of 100% recycled material. Kraft labels are ideal for substrate surfaces such as glass, wood, metal, and plastic. Depending upon substrate type and temperature, the kraft labels can be removed by using hot water.

Kraft labels provide a rustic earthy finish to the packaged product. These labels are preferred by manufacturers of candles, soaps, and wine among others to get an aged look. Kraft labels offer superior printability at low costs coupled with good adhesion properties.

Kraft labels can be printed either using laser printers or inkjet printers. Owing to their recyclability and aesthetic appeal, kraft labels are gaining traction in the global labels market. Kraft labels use acrylic glue, to provide permanent adhesion, and can be used at a wide range of temperatures.

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Global Kraft Labels Market: Dynamics

Labels are one of the fastest growing means of branding, this creates a need for sophisticated labeling solutions across various end-use industries. The demand for kraft labels is expected to witness healthy growth during the next few years.

This growth can be attributed to the increased application of paper-based packaging solutions in the packaging industry. Kraft labels are used for decorative applications such as on gift boxes, candles and more. With the growing popularity of creative gift packaging, the demand for kraft labels is expected to propel.

Kraft labels are also used on corrugated boxes and cartons to provide a seamless packaging look. Adoption of sustainable practices has been observed among the manufacturers of kraft labels, this is expected to be the major trend in the global kraft labels market.

However, kraft labels are prone to get damaged on exposure to water, therefore they cannot be used for packaging of liquids or any other products which are to be used outdoors. This factor might hamper the growth in demand for kraft labels.

Global Kraft Labels Market: Key Players

Some of the players operating in the global kraft labels market are

  • Greenerprinter,
  • Jam Paper & Envelope,
  • Creative Label Concepts,
  • Avery Products Corporation,
  • Laser Inkjet Labels,
  • Hampshire Label,
  • InTouch Labels and Packaging, Inc., and
  • Wausau Coated Products, Inc.

Many local and unorganized players are expected to contribute to the global kraft labels market during the forecast period.

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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 of the global kraft labels market.

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

Global Kraft Labels Market: Segmentation

Globally, the kraft labels market has been segmented on the basis of applications, finish and end uses.

On the basis of applications, the global kraft labels market has been segmented as follows-

  • Jars
  • Bottles
  • Boxes
  • Others

On the basis of finish, the global kraft labels market has been segmented as follows-

  • Matte
  • Gloss

On the basis of end uses, the global kraft labels market has been segmented as follows-

  • Gift packaging
  • Candles
  • Wine
  • Food packaging
  • Others

Global Kraft Labels Market: Regional Outlook

Geographically, the global kraft labels market has been segmented as seven key regions which include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan.

Owing to the stringent regulations imposed by the regulatory bodies in the European countries against the usage of plastic, the demand for paper-based labels such as kraft labels is expected to increase. Kraft labels market in developed countries such as the U.S. and Canada are expected to have a positive outlook during the forecast period.

This can be attributed to the high demand for kraft labels in the packaging of wine and candles. MEA region is anticipated to witness sluggish growth in the demand for kraft labels as clear plastic labels are used more by the end use manufacturers.

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About Future Market Insights, Inc.

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

Global Carbon Steel IBC Market is anticipated to expand at a CAGR of 5.4% by 2032

According to the FMI analysis, the carbon steel IBC market revenue totaled US$ 2.5 Bn in 2021. With the propelling demand from the various End Use, the global carbon steel IBC market is projected to reach US$ 4.4 Bn by 2032, accelerating at a CAGR of 5.4% during the forecast period.

The carbon steel IBC market is estimated to experience a positive growth outlook during the forecast period. A new forecast by FMI anticipates that the carbon steel IBC sales will rise during 2022-2032 and is projected to create an absolute incremental growth opportunity of US$ 1.9 Bn.

According to Future Market Insights research, during the projected period, the global carbon steel IBC market is set to enjoy a valuation of US$ 2.6 Bn in 2022, and further expand at a CAGR of 5.4% to reach US$ 4.4 Bn by the year 2032. The sales of the boxes by Capacity are anticipated to bolster with the top 3 countries estimated to hold around 30-35% of the market by the end of 2022.

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Competitive Landscape                     

The key players which are operating in the market are focusing on expansion and innovation. All of them are trying to capture a large market share. Big companies are focusing on USPs to increase sales. Companies are trying to provide good logistics facilities also to attract a mass customer base. Some of the innovations and expansions are as under-

  • In September 2022, Thielmann US LLC announced the opening of a new subsidiary in France. The expansion will help the company to capture the French rigid packaging market, also it will help the company to expand its capabilities of manufacturing IBCs.

Key Companies Profiled

  • Thielmann US LLC
  • Precision IBC, Inc.
  • Automationstechnik GmbH
  • Sharpsville Container Corporation
  • Hoover Ferguson Group
  • Snyder Industries Inc.
  • Custom Metalcraft Inc.
  • Metano IBC Services Inc.
  • Hawman Container Services
  • Syspal Ltd
  • Titan IBC

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How the Substantial Demand from Chemical Industries Is Boosting the Carbon Steel IBC Market?

The carbon steel IBCs are suitable for chemical transportation. The steel intermediate bulk containers are free from chemical reactions and also provide safety during logistics. The mass storage of chemicals and liquid concentrations can be possible through such containers. The storage facility of the containers increases the demand in the chemical industry, as they are required to store hazardous chemicals for a long period. Carbon steel IBCs can avail those chemicals from explosions also. Such heavy requirements of intermediate bulk containers for the industry, it is driving the carbon steel IBC market incrementally.

Historic Market Outlook for Carbon Steel IBC

The global carbon steel IBC market witnessed a CAGR of 3.9% during the historic period with a market value of US$ 2.5 Bn in 2021 from US$ 2.0 Bn in 2015.

Carbon Steel IBC are metal containers having substantial demand from chemical sectors. They are heavy but are considered safe storage containers for liquid form chemicals and concentrations. Carbon steel IBCs have huge demand from the petroleum industry also. The IBCs are suitable for lubricant transportation and have no chemical reactions in between. Due to the pandemic, new logistics have been introduced to the market, and carbon steel IBCs are the most preferable for the same. The steady growing chemical industry is projected to drive the demand for carbon steel IBCs. Overall, the global carbon steel IBC market is anticipated to bolster at a faster pace during the forecast period.

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Carbon Steel IBC Market by Category

By Discharge Type, Carbon Steel IBC Market is Segmented as:

  • Side Discharge
  • Center Discharge

By Capacity, Carbon Steel IBC Market is Segmented as:

  • Up to 150 gallons
  • 150 – 350 gallons
  • 350 – 500 gallons
  • Above 500 gallons

By End Use, Carbon Steel IBC Market is Segmented as:

  • Industrial Chemicals
  • Petroleum & Lubricants
  • Paints, Inks & Dyes
  • Food & Beverages
  • Waste Disposal/Recycling & Silage
  • Others (Construction, Pharmaceuticals, etc.)

By Region, Carbon Steel IBC Market is Segmented as:

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

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Molded Fiber Cup Market 2022 Key Factors and Emerging Opportunities with Current Trends Analysis 2028

Foodservice packaging has evolved over the years to comprise a wide range of products for packaging such as trays, bowls, cups, etc.  The evolution of sustainable packaging products helped in reduction of conventional packaging products. Molded fiber cups are one of them. Manufacturers of molded fiber cups manufacture molded fiber cups from pre-consumer recycled material such as paper & paperboard, which is gaining traction among consumers.

Rising consciousness regarding environment among consumers giving a push for the use of molded fiber cups as a replacement for conventional plastic cups. The global molded fiber cups market caters to massive foodservice industry which covers sales of molded fiber cup through the distribution channel which includes online and offline food service outlets for the consumers across the globe.

The key participants operating in the global molded fiber cups market are innovating raw materials used, and packaging designs to meet the desired sustainable objectives. Molded fiber cups finds a broader range of applications including institutional, food service outlets, restaurants, cafeterias, etc.  The demand for the molded fiber cups is going to flourish during the forecast period due to wider consumer acceptance for its sustainability.

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Molded Fiber Cup Market: Some of the Key Players

Following are some of the key players operating in the molded fiber cup market are Huhtamaki Oyj and many more unorganized and local players are expected to contribute to the global molded fiber market during 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 molded fiber cup market trends, macroeconomic indicators and governing factors along with molded fiber cup market attractiveness as per segments. The report also maps the qualitative impact of various market factors on molded fiber cup market segments and geographies.

Molded Fiber Cup Market: Drivers & Restraints

The global molded fiber cup market is anticipated to have mostly positive outlook during the forecast period. Molded fiber cup manufacturers offer molded fiber cups in a variety of capacities and colors. The key driver driving the market is the increase in the number of food service outlets, in emerging as well as the developed economies globally. Molded fiber cups are rapidly replacing the conventional plastic cups due to better recyclability and sustainability.

Molded fiber cups are 100% recyclable which makes them an ideal choice of preference for end-use consumers. Stringent government rules and regulations against the use of the plastic consumable products are pushing the demand for molded fiber cups in the global molded fiber cups market during the forecast period.

Despite the positive outlook, there are some factors that might hamper the growth of the global molded fiber cup market. One of the factors is the availability of alternative plastic cups which currently is a well-established market. The ongoing push for the ban of single-use plastic cups is proceeding at snail’s pace.

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Molded Fiber Cup Market: Segmentation

The global molded fiber cup market has been categorized on the basis of capacity, distribution channel, and end-use industry.

On the basis of capacity, the global molded fiber cup market has been segmented as:

  • Up to 100 ml
  • 100 to 250 ml
  • 250 to 500 ml
  • 500 ml to 750 ml
  • Above 750 ml

On the basis of distribution channel, the global molded fiber cup market has been segmented as:

  • Supermarkets/Hypermarkets
  • Departmental/Specialty Stores
  • Online Sales

On the basis of end use, the global molded fiber cup market has been segmented as:

  • Food Service Outlets
  • Restaurants
  • Cafeterias

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About Future Market Insights, Inc.

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

Gel Packs Market: Market Players Leveraging on Growth Opportunities 2028

Growing Use of Nonsurgical and Non-Pharmacological Pain Management Techniques to Drive Gel Packs Market Development:

Gel packs, also known as reusable hot and cold packs, are thought to be one of the simplest, most effective, and least expensive treatments for relieving pain and swelling in various regions of the body. Gel packs are used to keep anything or a product cold for an extended amount of time. Gel packs are sometimes used as hot packs as well. Gel packs are mostly used for muscle warming and transportation.

Cold treatment is used to relieve acute pain from injuries such as runner’s knee and muscle pulls. The most difficult difficulty for producers in the pharmaceutical sector is maintaining the temperature of the items between 2°C and 8°C during cold chain delivery.

The most popular gel packs used in clinics and hospitals for medical operations include hydroxyethyl cellulose, polymer, and silica covered with vinyl. Gel packs are easy to transport, have high product durability, may be frozen for a longer period of time, hydrate fast, and are non-toxic. During medicine shipping, the pharmaceutical sector employs cold gel packs to ensure temperature and product stability by supplying essential and appropriate temperature.

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Global Gel Packs Market: Key Players

Some of the key players operating in the gel packs market are —

  • Hill Country Mfg,
  • Shanghai Broadway Packaging & Insulation Materials Co., Ltd,
  • ColdStar International,
  • Axizz LLC, D. S. Enterprises,
  • ThermaFreeze Products Corp,
  • D. S. Enterprises,
  • Pelton Shepherd Industries,
  • Polar Products Inc.,
  • SAGE – Quick Technologies Inc. ,
  • Cold Chain Technologies,
  • GenTap LLC,
  • PolyGel, L.L.C.,
  • Pacific/Reliant Dry Ice,

Packaging Products Corporation, Koolpak Ltd, Thermopacks, Polarice Ltd,  Nortech Laboratories, Inc., Accurate Manufacturing, Inc

The use of nonsurgical and non-pharmacological pain management techniques is expected to fuel the growth of the global gel packs market. Gel packs are utilized in a variety of end-use sectors, including the medical, fitness, food, and sports industries.

Gel packs, also commonly known as reusable hot and cold packs, are considered to be one of the easiest, effective and least expensive treatment, to relieve pain and swelling in different parts of the body. Gel packs are used to keep a product or thing cool for a long period of time. Sometimes, gel packs are also used as hot packs. Muscle warmth and shipping are the major applications used in gel packs.

Cold therapy is used to treat acute pain caused due to injuries such as runner’s knee and freshly muscle-pull. In the pharmaceutical industry, for cold chain delivery to maintain the temperature between 2°C – 8°C of the goods is the biggest challenge for the manufacturers. To overcome this issue, gel packs are used with insulated containers, which is very efficient, as the temperature within the container can be controlled, because of which the goods can be transported safely from starting point to the end point.

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Global Gel Packs Market: Market Dynamics

Increase in the adoption of nonsurgical and non-pharmacological therapies for treatment of pain is anticipated to drive the growth of the global gel packs market. Gel packs are used in various end use industries such as medical industry, fitness industry, food industry, and sports industry, among others.

Gel packs are the perfect cooling agent for many food items such as raw meats and dairy which are stored at a certain temperature so that the food does not lose its freshness. In medical industry, pre-filled gel packs are used for various applications such as physical therapy clinics, surgery centers, rehabilitation centers, birthing centers, which is expected to boost the global gel packs market. However, the growing adoption of herbal and reusable packs among the consumers may hinder the growth of the global gel packs market during the forecast period.

The Road Ahead

Increase in number of accidents and injuries is anticipated to create attractive growth opportunities of the global gel packs market. According to the Arthritis Foundation, gel packs are used to work best for a soothing feeling and tired muscles whereas cold packs are best suited to treat acute pain in body parts.

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.

Global Gel Packs Market: Segmentation

On the basis of material, the global translucent films has been segmented as:

  • Polyethylene terephthalate (PET)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Others (Poly Vinyl Chloride (PVC), Polyamide (Nylon))

On the basis of end use, the global gel packs has been segmented as:

  • Medical center
  • Therapy centers
  • Exercise studios

On the basis of distribution channel, the global gel packs has been segmented as:

  • Hospitals
  • Online Pharmacies
  • Retail Pharmacies

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About Future Market Insights, Inc.

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

Dispensing Tap Market Global Industry Analysis, Size and Forecast 2028

With the introduction of consumer convenience features in the packaging products, the demand for several products has increased significantly in the last few years. Companies are readily focusing to develop new products to differentiate their offerings from other market players. Dispensing tap is one of the product that aids in simple, quick, and clean decanting of liquids without any spillage.

It could be applied to various types of packaging formats including pouches, boxes, containers, etc. It is a highly suitable product to avoid leakage of the fluid packed inside the container.

Dispensing taps are made up of the variety of materials such as Polypropylene, PVC, Polycarbonate, etc. and has applications in industries such as chemical, automotive, food & beverages, agriculture, etc. Dispensing taps are made up of the one or more than one type of materials. It consists of different components which includes lever, cap, housing, adapter, and connector. Dispensing tap is also designed according to the desired rate of flow for different end-use applications.

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Dispensing Tap Market: Market Players

Some of the players in the Dispensing Tap market are

  • DS Smith plc,
  • O.berk Company,
  • Fres-co System USA, Inc.,
  • SABEU GmbH & Co. KG,
  • Cornelius Beverage Technologies Limited,
  • TOF srl,
  • Sestra Systems, Inc.,
  • Perlick Corporation,
  • Kemsol Ltd,
  • CJK Packaging Ltd.,
  • Denios AG, and
  • Carl Roth GmbH + Co. KG.

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.

Dispensing Tap Market: Market Dynamics

Dispensing tap is widely used product for the simple and quick decanting of the liquid products in different end use industries. The surge in demand for liquid products in the end use industries will ultimately create the high demand for dispensing tap over the next few years. In beverages segment, dispensing taps are used in the large water bottles for the bulk supply to catering, corporates, and households.

Ease in pouring the liquid in measured quantity is main factor that drives the dispensing taps market globally. One major restraint in the dispensing taps market is the introduction of alternative products which may decrease its demand in the next few years. Manufacturers of dispensing taps are continuously innovating their existing product portfolio to offer customized dispensing taps to its customers.

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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
  • 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.

Dispensing Tap Market: Market Segmentation

Dispensing Tap Market Segmentation: By Material Type

  • Metal
  • Plastic
  • HDPE
  • PVC
  • Polypropylene
  • Polycarbonate
  • Others

Dispensing Tap Market Segmentation: By flow rate

  • Up to 50 ml/sec
  • 50 ml/sec to 100 ml/sec
  • 100 ml/sec to 200 ml/sec
  • More than 200 ml/sec

Dispensing Tap Market Segmentation: By Product Application

  • Bag-in-box
  • Pouches
  • Boxes & Containers
  • Large Water Bottles
  • Bulk Cans
  • Drums
  • Others

Dispensing Tap Market Segmentation: By End-Use

  • Agriculture
  • Pharmaceutical
  • Food & Beverages
  • Household
  • Industrial
  • Chemical
  • Automotive
  • Others

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