Disposable Laparoscopic Instruments Market Growth, Analysis by Product, and the forecast period of 2028

Future Market Insights (FMI) delivers key insights on the global disposable laparoscopic instruments market in its upcoming outlook titled “Disposable Laparoscopic Instruments Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028”.

In terms of value, the global disposable laparoscopic instruments market is projected to register a healthy CAGR of 5.7% during the forecast period due to various factors, regarding which FMI offers vital insights in detail. Increasing demand for minimally invasive procedures is expected to bolster the overall growth of the disposable laparoscopic instruments market globally.

The global disposable laparoscopic instruments market is segmented on the basis of product type, indication, end use and region. On the basis of product type, the market has been segmented into laparoscopic scissors, laparoscopic hooks, grasping forceps & dissectors, trocars, laparoscopic suction / irrigation devices and others. The trocars product segment is expected to register impressive CAGR of 5.4% during the forecast period.

Laparoscopy is a minimally invasive surgical technique performed through a keyhole incision. A small camera along with a light source attached to a tube enables surgeons to manoeuvre special disposable laparoscopic instruments to the target area and carry out the surgery.

This technique is mainly preferred for carrying out surgeries related to the pancreas, liver, colon and bile duct. The use of disposable laparoscopic instruments reduces the risk of infection during surgery.

Laparoscopic surgery refers to surgical procedures that are performed through one or multiple small incisions, rather than through a larger incision through the abdominal wall. The number of surgeries is increasing across the globe, more then 15–16 million laparoscopic surgeries are performed across the globe. This directly boosts the demand for disposable laparoscopic instruments as they are safe with no chances of infection. However, in the reusable laparoscopic instruments the chances for infection is high as the sterilization process is done manually in individual hospitals.

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On the basis of indication, the market is segmented into general surgery, bariatric surgery, colorectal surgery, urology surgery, gynaecologic surgeries and others. Gynaecologic surgeries is expected to dominate the overall disposable laparoscopic instruments market throughout the forecast period. It is expected to witness to have US$ 2,122.7 Mn by 2028 end.

On the basis of end users, the global disposable laparoscopic instruments market is segmented into hospitals, ambulatory surgical centres and specialty clinics. In terms of end use, the hospitals segment is expected to witness high growth during the forecast period.

Reducing pricing for market pick up, awareness programs in emerging countries, growing demand for minimally invasive therapies and technological advancement are factors expected to drive the global disposable laparoscopic instruments market over the forecast period.

This report covers trends driving the growth of each segment and offers analysis and insights of the potential opportunities offered in the disposable laparoscopic instruments market in all regions of the world.

North America is expected to dominate the market throughout the forecast period. Foray of leading North American companies into the disposable laparoscopic instruments market over the last few years is a factor expected to boost the overall sale of these devices in the region.

In terms of value, APEJ is expected to witness significant growth during the forecast period. Significant investments in healthcare infrastructure, increasing patient pool along with increasing geriatric population in APEJ are factors expected to boost the revenue growth of the disposable laparoscopic instruments market in the region.

The key players in the global disposable laparoscopic instruments market include B. Braun Melsungen AG, Medline Industries, Inc., Stryker Corporation, Ackermann Instrumente GmbH, ASFS Medic’s company, Medino GmbH, Péters Surgical, Medtronic, Mediflex Surgical Products and Grena LTD.

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Ultrasound Conductivity Gels Market Key Players, Growth, Regions and Forecast to 2028

Future Market Insights (FMI) has published a new report on ultrasound conductivity gels. The report has been titled, “Ultrasound Conductivity Gels Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028.” The report caters to the numerous needs of the global as well of the regional vendors and presents a distinguishing scenario of the market along with factors such as drivers, inhibitors, prospects, and trends based on the regional as well as the global dynamics.

According to the report, the global market for ultrasound conductivity gel is expected to witness a CAGR of 7.9% from 2022 to 2028. The market was worth US$ 193.8 Mn and is anticipated to touch a valuation of US$ 439.1 Mn by the end of 2028. The market is expected to foresee a stable growth in the coming years along with moderate challenges arising from the substitutes.

The global market for ultrasound conductivity is highly consolidated owing to the presence of a few leading players and their take on collaborations, mergers, acquisitions, partnerships, license agreements, and patent transfer might have a major impact on the vendor landscape of the global ultrasound conductivity gels market. The other leading players operating in the global ultrasound conductivity gels market are Medline Industries Inc., Parker Laboratories, Inc., Compass Health Brands Corp., Cardinal Health, Inc., and ECO-MED Diagnostic Imaging, among several others. These manufacturers are also focusing on decreasing the cost of the gels in order to compete with the inexpensive substitutes.

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Enlarging Application Base to Help in Market Development

Ultrasound is the most commonly employed diagnosis procedure for curing a disease. It is a painless and safe method to examine the internal organs and avoids the use of harmful radiations. Generally, ultrasound scan is recommended for various uses. In urology, ultrasound is utilized for diagnosis of the prostatic and kidney diseases and to diagnose urinary bladder. There is a rise in demand for ultrasound machines designed for specialities such as cardiology and radiology and in the knowledge of the advantages offered by the portable colour ultrasound systems which ultimately increase the demand of ultrasound procedures and use of ultrasound gels.

Moreover, the increasing awareness towards screening for breast cancer and advanced technologies such as echocardiography has evolved into a non-invasive method for imaging has driven the number of ultrasound procedures and boosting the future growth. Other than this, the need for point of care ultrasound scanning in military medication, urgent treatment, and remote care are likely to bolster the demand for ultrasound procedures and also increase the demand for ultrasound gels across the globe.

Availability of Alternate Products an Ongoing Challenge in the Market

Medical ultrasound gels may be inaccessible or unaffordable in low-resource locations. Consumers and clinicians looking for a low-cost substitute for ultrasound gels. Such an alternative could be a boon in developing countries where radiology budgets are tight but might hinder the global ultrasound conductivity gels market. A gel made from water and corn-starch is low-cost gel can be an acceptable alternative to commercial medical gel in rural areas. The low cost and easy preparation of the corn-starch-based gel make it an attractive coupling medium for use in low-resource settings. The availability of these substitutes is likely to act as a major roadblock in the growth of the market which be overcome in the near future.

Will the availability of substitutes and dearth of skilled personnel pull down the market or will the credibility of the product keep the making growing at a steady pace?

About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

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Vulvodynia Treatment Market Growth And Competitive Dynamics With Market Share Analysis, Trends And Forecast 2028

Future Market Insights (FMI) has published a new research report on vulvodynia treatment market. The report has been titled, “Vulvodynia Treatment Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028.”  The report states that a recent Harvard study showed that there are approximately 6 million American women who are suffering from vulvodynia. Over 60% of patients’ report of visiting three or more health care providers for diagnosis and an astonishing 40% of patients remain undiagnosed. This study also reported that 40% of women with painful symptoms did not even seek medical care. Associations such as the National Vulvodynia Association (NVA) are playing a vital role in spreading awareness regarding Vulvodynia treatment. The NVA announced the launch of “Indivisible: Breaking the Silence”, a campaign empowering women with vulvodynia to break their silence and improve the path to diagnosis and treatment. According to the report, the global vulvodynia treatment market is expected to register a CAGR of 6.3% over the forecast period of 2022 and 2028. The market was worth US$ 4,261.2 Mn in 2021 and is expected to rise to a valuation of US$ 8 Bn by the end of 2028.

In order to cater to the need of the growing number of patients, companies are looking out for treatments and drugs that can subside the pain related to vulvodynia. Towards this, they are investing in research and development and mergers and acquisitions. For instance, in January 2016, Merck & Co. Inc., acquired IOmet Pharma Ltd., a privately held U.K.-based drug discovery company focused on the development of innovative medicines for the treatment of cancer. The other leading companies operating in the market are Eli Lilly and Company, AstraZeneca Plc., GlaxoSmithKline Plc., Pfizer Inc., Johnson & Johnson Services, Inc., and Allergan plc, among others.

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Growing Adoption to Augur Well for Global Market Revenue Growth

The swelling number of patients suffering from vulvodynia and harsh nature of chronic vulvar pain have led to the adoption of early diagnosis and treatment. The adequate results of medical treatments such as drugs, injections and creams have increased the preference for medication to treat vulvodynia. Furthermore, increasing adoption of medicinal treatments of vulvodynia has resulted in an increase in the sales of hormones, local anesthetics, and antidepressants. Additionally, promising compensation policies in most of the developed countries are also expected to act as a value driver to the growth of the global vulvodynia treatment market. On the other hand, the growing prevalence of the vulvodynia disease among women across the globe is a core factor that is pushing the growth of the vulvodynia treatment market. Vulvodynia is a very common disease in the United States and across the globe. Nevertheless, the ailment remains underdiagnosed or in some cases also incompetently treated.

Lethargic Research and Development for Vulvodynia Treatment Drugs to Slow Down Market Growth

Owing to the absenteeism of detailed information by patients, ignorance of the cause of vulvar pain, and satisfactory results of anticonvulsants and tricyclic antidepressants, researchers are unable to unveil the exact cause of vulvodynia and thereby the R&D on vulvodynia drugs is limited. After anticonvulsants and tricyclic antidepressants, only serotonin and norepinephrine reuptake inhibitors (SNRIs) drugs have showed positive results. Furthermore, if observed, the research and development for vulvodynia treatment is also in a very sluggish phase.

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  • Comprehensive analysis on evolving purchase pattern across different geographies
    • Detailed insights of market segments and sub-segments for historical as well as forecast period
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    • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Molecular Biology Enzymes, Kits & Reagents Market Trends Analysis Report 2026

Future Market Insights’ recently compiled report offers prospects of the global molecular biology enzymes, kits & reagents market for the period between 2017 and 2026. The report projects the market to register a splendid growth through 2026. Sales of molecular biology enzymes, kits & reagents worldwide are poised to exceed US$ 22,000 Mn in revenues by 2026-end.

Technological Advancements Leading to Enhanced Efficiency & Greater Precision of Molecular Biology Enzymes, Kits & Reagents

Many technological advancements are been made by the molecular biology enzymes, kits & reagents manufacturers, who dedicate their focus toward developing advanced products in a bid to enhance their product portfolio. The advanced products facilitate the research processes with offerings such as enhanced efficiency and greater precision. One of the greatest examples of this is SMART Digest Kit developed by Thermo Fisher Scientific, Inc., designed particularly for the biopharmaceutical & proteomic applications. This kit enables the generation of data of high quality, meanwhile curtailing time needed for preparation of samples. Adoption of molecular biology enzymes, kits & reagents will further be propelled by huge investments made in the research & development by pharmaceutical & biotechnology industries coupled with the provision of several reimbursements for molecular diagnostics.

A significant increase in the genetic disorders’ prevalence has been witnessed since the recent past, thereby driving adoption of molecular diagnostics. The processes of molecular diagnostics including epigenetics and polymerase chain reaction (PCR) require molecular biology enzymes, kits & reagents as, which form an integral part of these processes. Mounting cases of genetic disorders in light of growing geriatric population will significantly fuel demand for molecular biology enzymes, kits & reagents in the near future. Genetic data of individuals is considered highly confidential, and sharing this data is strictly prohibited. Genome sequencing aids identifying & treating a wide variety of diseases. However, there is lack of tools that are effective for securing the genetic information of individuals, and the information ends up being stored in cloud databases, which further poses threats regarding data thefts. The absence of effective technology to store genetic information is anticipated to negatively influence demand for molecular biology enzymes, kits & reagents.

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Key Players :

  • Jena Bioscience GmbH
  • Takara Bio Inc.
  • Roche Holdings Inc.
  • Illumina Inc.
  • Thermo Fisher Scientific Inc.
  • Promega Corporation
  • KRISHGEN BioSystems
  • Agilent Technologies Inc.
  • Qiagen N.V.
  • and Merck & Co Company.

Key Research Findings from the Report

  • Although sequencing is expected to prevail as the largest application of molecular biology enzymes, kits & reagents in terms of revenues, synthetic biology is anticipated to persist as the fastest expanding application segment in the market. Cloning application segment will also exhibit an impressive expansion, and will account for the second largest revenue share of the market during the forecast period.
  • Academic and research institutes are expected to register fastest expansion in the market through 2026, based on end-users. However, revenues from this end-user segment will remain comparatively lower than other end-user segments included in the report.
  • Revenues from sales of molecular biology enzymes, kits & reagents for use in pharmaceutical and biotechnology companies are expected to account for the largest market share during 2017 to 2026.
  • Kits & reagents will prevail as top-selling and fast-selling product in the market. Between modifying enzymes and restriction enzymes, the latter will exhibit a relatively faster sales expansion whereas the former will account for a larger market revenue share through 2026.
  • North America is anticipated to remain the most remunerative market for molecular biology enzymes, kits & reagents, followed by Asia-Pacific excluding Japan (APEJ).

Prominent companies in the global molecular biology enzymes, kits & reagents market are implementing strategies including manufacturing capacity & geographic expansion. Manufacturers are also concentrating on new product launches for enhancing their shares in this increasingly competitive market. The report has listed key players supporting the market growth, which include Thermo Fisher Scientific Inc., Illumina, Inc., Roche Holdings, Inc., Takara Bio Inc., Jena Bioscience GmbH, Merck & Co Company, Qiagen N.V., Agilent Technologies, Inc., KRISHGEN BioSystems, and Promega Corporation.

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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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Packaging Laminate Market Share and Growth Factors Impact Analysis 2030

The laminate packaging market is a high-quality packaging solution with uniformity and high puncture resistance. Strong sealing strength and improved blocking properties.

Features such as high puncture and tear resistance, long shelf life and improved aesthetics are driving the adoption of custom packaging solutions. Based on these trends, Future Market Insights (FMI) predicts that the global packaging laminate market will reach $9 billion by 2030.

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The demand for effective packaging solutions has taken center stage across key industry sectors. Reliance on traditional glass and metal-based packaging is becoming less and less, and more flexible and lightweight packaging materials such as PP, paper and aluminum foil are favored.

Increasing adoption of flexible packaging solutions
As research and development (R&D) activity increases, suppliers have successfully introduced packaging solutions that can extend the shelf life of products and provide a convenient user experience. Major industries such as pharmaceuticals, food and cosmetics are increasingly adopting lightweight packaging solutions, increasing their growth prospects for the future.

Corona 19 Impact Insights:
The COVID-19 pandemic has caused major slump in several end-use industries due to disruptions to production cycles amid strict lockdowns. Decreasing industrial production has also hampered demand for packaging laminates in key areas. However, demand is mostly maintained in the food and pharmaceutical industries.

Recycling and disposal issues hindering growth
The environmental impact of polymers significantly impedes the growth of the packaging laminates market. Over the years, demand has shifted to multi-layer packaging due to desired features, thickness, and increasing application. Packaging Laminate provides multi-layered metal and non-metal packaging structures for accurate and safe packaging.

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Packaging Laminate Market – Segment
material type:
aluminum foil
paper and cardboard
Metal PP
Metalized BOPP
Metallized OPP
Metallized CPP

thickness:
up to 30 microns
30-45 microns
45-60 microns
60 microns or more

application:
aseptic packaging
aseptic packaging

end-use industry:
food
salty snack
confectionery
tea & coffee
instant food
Meat, poultry and seafood
Cosmetics and personal care
etc

Highlights of Packaging Laminate Study:
Europe and East Asia jointly dominate the market, accounting for nearly 40% of the revenue share.
The food industry witnessed the largest application of packaging laminates, accounting for more than half of the overall market share.
Aseptic packaging to replace growth in aseptic packaging, accounting for more than 50% of sales
Registering Incremental Opportunities Worth $1.6 Billion by 2030
Global Packaging Laminate Market to Register a Value CAGR of ~5% in 2020-2030

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competitive information :
Packaging Laminate players rely on strengthening their regional distribution networks and expanding their product portfolios by providing industry-specific packaging solutions. Besides, they also rely on acquisitions and collaborations with rival players.

For example, Mondi Group Plc is generating significant revenue by targeting industrial and consumer packaging needs. The product portfolio includes textile wrapping paper, wrapping paper, consumer wrapping paper and uncoated premium paper.

Medication Pouch Inspection Systems Market Outlook, New Opportunity & Demand Analysis, Forecast 2022-2029

Future Market Insights (FMI) delivers key insights on the global medical pouch inspection systems market in its published report titled “Global Medical Pouch Inspection Systems Market Forecast, Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029.”

The global medication pouch inspection systems market is set to enjoy a valuation of US$ 37 Mn in 2022, and is predicted to surge ahead at a CAGR of 7.6% to attain a net worth of US$ 59.3 Mn by the end of the year 2029.

In terms of revenue, the global medical pouch inspection systems market is estimated to expand at an approximate CAGR of 7.6% during the forecast period, owing to numerous factors, which FMI highlights in this research report.

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Incorporation of Medication Pouch Inspection Systems Reduces the Requirement of Workforce at a Pharmacy

Growth of the medical pouch inspection systems market is highly proportional to the growth of the pharmaceutical industry. As per FMI analysis, at a global level, the medical pouch inspection systems market is expected to remain at a strong position.

Medical pouch inspection systems inspect medicines packaged in the medication pouch, dispensed by medication dispensing machines. However, the high cost of medication pouch dispensing systems restrains the growth of the medical pouch inspection systems market.

Around 5% of the patients in the world need to get medical attention due to wrong intake of medication. This has increased the importance of pharmacy automation technologies such as medication dispensing systems and medication pouch inspection systems, to minimize the probability of error in medication received by the patient.

Most of the medical pouch inspection systems are capable of performing inspection with around 98% accuracy, which means that only around 2 out of 100 pouches need to be inspected by pharmacists. Therefore, medical pouch inspection systems not only reduce the probability of error in medication dispensing but also reduce the requirement of workforce by increasing the pace and productivity at a pharmacy.

Increased Consumer Convenience, with Adherence to Flexible Packaging of Drugs, Makes Medical Pouch Inspection Systems a Compelling Option

Machines dispensing medication in pouches are highly preferred by consumers as medical pouches provide vital information about the drug such as prescription, expiry date of the medicine, name of the patient, time & date of intake of medicines, and some other details.

As the pouch already contains all the information, the patient does not need to remember the medicine he/she has to take at a particular time. Therefore, the medical pouch inspection systems have enhanced consumer experience.

Medical Pouch Inspection Systems Manufacturers Prioritizing New Launches & Joint Ventures

Most of the medical pouch inspection systems detect tablets on four general parameters such as color, shape, size, and number of tablets. The global market leader, TCGRx, has developed medical pouch inspection systems that inspect tablets in medication pouches on 12 parameters, which include surface of the tablet, distance to center, length, width, contour, roundness, standard color deviation, sequence, and others.

The accuracy in the inspection of medication is thus highly increased with the increase in the number of parameters and probability of error in medication dispensing is greatly reduced. Medical pouch inspection systems provided by JVM Co., Ltd. are integrated with medication registering systems, which store the data about the medication pouches inspected by the machine.

Manufacturers in the medical pouch inspection systems market are adopting collaboration strategies to expand their global reach. Leading players are offering wide range of options for pharmaceutical end users such as medical pouch inspection systems with capacities including up to 50 ppm, 50-75 ppm, and above 75 ppm for enhanced efficiency.

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  • Collaborations & Joint Ventures
    • TCGRx announced the acquisition of ARxIUM’s Fastpak Exp and Fastpak 71, medical pouch inspection systems business to enhance the existing pharmacy technology product portfolio of the company.
    • Parata Systems, Inc. has entered group purchasing agreement with American Associated Pharmacies consisting of more than 2,200 independent pharmacies.
  • Product Launches
    • Ziuz Holding B.V launched Ziuz Iris medical pouch inspection systems with low footprint and economic prices, targeting the requirement of small pharmacies.

JVM Co., Ltd., TCGRx, Arxium Inc., Ziuz Holding B.V., Parata Systems, Inc., and Global Electronics B.V. are some of the key companies actively operating in the global medication pouch inspection systems market landscape.

COVID-19 Pandemic Analysis

The COVID-19 pandemic of 2020 largely influenced the healthcare and medication industries, which saw a huge surge in demand in the wake of a highly contagious virus. The pandemic completely changed the way medication and healthcare were perceived and approached by the world.

The pandemic pushed the sales of some medication and medical supplies, while it also negatively impacted the sales of some other medical supplies due to disruptions in the supply chain the manufacturing of these supplies. Lockdown restrictions largely affected the manufacturing of major supplies and commodities, and hence caused a rift between demand and supply chains.

The pandemic made people more aware of their health and hygiene, and has positively supported the consumption of medications to a certain extent, which is expected to drive demand for medication pouch inspection systems.

Medication pouch inspection system demand in the post-pandemic era is anticipated to be high as manufacturing activity returns to normal and demand for medical supplies stays high owing to increased health awareness across the world.

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Key Segments of Medication Pouch Inspection Systems Industry Survey

Medication Pouch Inspection Systems Market by Machine Type:

  • Automatic Medication Pouch Inspection Systems
  • Table-top Medication Pouch Inspection Systems

Medication Pouch Inspection Systems Market by Maximum Operating Speed:

  • Up to 50 ppm Medication Pouch Inspection Systems
  • 50 to 75 ppm Medication Pouch Inspection Systems
  • Above 75 ppm Medication Pouch Inspection Systems

Medication Pouch Inspection Systems Market by End User:

  • Retail Pharmacies
  • Hospital Pharmacies
  • Long-term Care Pharmacies
  • Mail Order Pharmacies

Medication Pouch Inspection Systems Market by Region:

  • North America Medication Pouch Inspection Systems Market
  • Latin America Medication Pouch Inspection Systems Market
  • Europe Medication Pouch Inspection Systems Market
  • East Asia Medication Pouch Inspection Systems Market
  • South Asia & Pacific Medication Pouch Inspection Systems Market
  • Middle East & Africa (MEA) Medication Pouch Inspection Systems Market

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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 7-years.

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Sealant Web Films Market 2022 Development Trends, Competitive Analysis & Key Manufacturers Report by 2028

The sealant web films market is assessed at USD 376 Million out of 2022 and is projected to arrive at USD 473 Million by 2028, at a CAGR of 3.9% from 2022 to 2028.

Future Market Insights (FMI) delivers key insights on the global sealant web films market in its published report titled “Global Sealant Web Films Market Forecast, Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028”. In terms of revenue, the global sealant web films market is estimated to expand at a CAGR of 3.9% during the forecast period, owing to numerous factors on which FMI sheds light in this report.

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Sealant Web Films Market: Analysis & Forecast

Multilayer packaging films have benefits over mono-layer packaging ones due to their efficiency and durability during transportation. Sealant web films are used for both, to laminate a packaged product and to make bags & pouches from it. Sealant web films with multilayer packaging should have low melting point so that they can be heat-sealed easily.

Sealant web films are used in the food & beverage packaging industry. Hence, sealant web films that do not react with food are especially manufactured. Sealant web films are made up of heat sealable materials like polyolefin, resulting into a better performance of the multi-layer film.

Sealant web films maintain integrity of packaging and protect its contents from leakage and degradation. Sealant web films are usually used in the inner-most layers of packaging films to enhance their performance and sealing strength. Barrier protection is a necessary factor for maintaining the aroma & flavor of food, but it is much more beneficial to add sealant web films in co-extruded films or to laminate the packaged product with them.

Introduction of varieties such as metallized films and bio-based films in sealant web films are Changing preferences of brand owners and manufacturers. Sealant web films, when metallized, have converted a 3-ply structure of a film into 2-ply structure which is a crucial factor in technical specifications of a product.

The food & beverages segment is estimated to have the highest growth rate and market share in the upcoming years in the sealant web films market, as per the increasing consumer demands & need for convenient packaging solutions. Sealant web films are expected to have an incremental opportunity in the food sector, as sealing is an essential factor for viscous products.

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Global sealant web films market has been segmented as per material type, thickness type, application, and end use. On the basis of material type, sealant web films market has been classified into low density polyethylene (LDPE), linear low-density polyethylene (LLDPE), poly lactic acid, ethylene vinyl acetate, ethylene vinyl alcohol, and polypropylene. Ethyl vinyl acetate is used as a sealant web film material, as it has high clarity & gloss that adds value to its toughness.

Polypropylene is usually used as a sealant web film material for steam sterilization applications. On the basis of thickness type, sealant web films market has been segmented into -less than 15 microns, 15-35 microns, 35-50 microns, and above 50 microns. On the basis of application, sealant web films market has been segmented into bags, flat pouches, and stand up pouches.

On the basis of end use, sealant web films market has been segmented into food & beverages, pharmaceuticals, cosmetics & personal care, textile, electronics & electrical, and homecare products. The classification of the sealant web films market is done on the basis of the sealant material used in a packaging film. Sealant web films are used to manufacture bags and pouches for retail and industrial purposes.

The sealant web films market is estimated to have high growth in the upcoming years due to a high requirement for sealing and an increment in the transportation of variety of products. Key manufacturers in the sealant web films market are coming up with innovative packaging solutions using sealant web films. Variety in stand-up pouches and other consumer convenient bags are introduced for consumer preferences.

What is the Impact of COVID-19 Pandemic on the Global Sealant Web Films Market?

Due to the Covid-19 pandemic, people are concerned about health more than ever that has generated a rapid increase in the demand for food packaging, especially the shelf-ready food packaging to fill up the grocery, packaged, processed products, etc. The strict lockdown has forced both consumers to switch over to online food ordering increased the dependency on the e-commerce industry during a pandemic.

The sealant web films prevent the spread of contamination, diseases and eliminate the chances of unwanted environmental reactions on food items causing damage and spoilage has created a significant demand during a pandemic. The seal strength is essential in food packaging ensuring the product reaches consumers without spoilage and maintaining the food quality.

Owing to the factors of food as the essential products and food packaging is the most crucial factor during a pandemic due to avoiding the spread of virus and contamination has experienced a drastic increase in the demand for food packaging sealant web films market.

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Sealant Web Films Market: Competitive Landscape

Toray Industries Inc., Berry Global Inc., Plastic Suppliers Inc., Jindal Poly films Ltd., Polifilm GmbH, Bemis Company Inc., DIC Corporation, Dai Nippon Printing Co., Ltd., Dow DuPont Inc., and Avery Dennison Corporation.

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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 6-years.

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Floating Covers Market Focusing on Current Trends, Leading with Top Key Players

A senior market research analyst at FMI explains, “Superior material strength, lightweight nature, economic price point, and exceptional flexibility collectively account for the ideal attributes of floating covers that push their adoption for a range of applications, including prevention of external contamination as well as odor”. “Rapidly increasing awareness about water conservation and prevention of contamination will continue to provide an impetus to the steadily growing demand for floating covers in coming years,” adds the analyst further.

As indicated in a new market research study by Future Market Insights, the roughly US$ 850 million floating covers market is likely to display around 4.5% yearly growth in the revenue, in 2022. The report projects steady revenue growth prospects for global floating covers landscape over the next few years, predominantly driven by sustained demand for an increasing number of wastewater treatment plants.

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While agricultural application of floating covers also continues to generate moderate revenue, the demand for floating covers for protecting potable water reservoirs is also cited as an important factor pushing the growth of floating covers market growth.

Functional Attributes of Floating Covers Account for Steady Demand

Prominently attributed to their low maintenance design and excellent UV tolerance, floating covers continue to witness stable consumption also due to remarkably low permeability and the ability to provide long-term protection to water bodies against environmental adversities and contaminating agents.

Voluminous industrial wastewater quantity is collected and stored on a daily basis, before the actual treatment process. Manufacturers are thus increasingly targeting wastewater treatment plants that hold high potential to generate demand for specific sizes of floating covers on a regular basis.

In addition, food processing facilities, brewing companies, and chemical treatment and manufacturing units continues to register decent consumption of floating covers, according to research.

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Biodegradability Is Still a Major Concern

Despite the positive growth outlook projected for floating covers landscape, sustainability remains a major concern for both manufacturers and consumers. Floating covers are generally manufactured from plastic-derived materials and take a longer time period for degradation in the environment.

Moreover, complete biodegradability of the key manufacturing materials used in floating covers is still a debatable issue that continues to attract research interests worldwide. This could remain a limiting factor against the growing demand for floating covers over the foreseeable future, says the report.

The report concludes that among linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), Polyvinyl Chloride (PVC), and Polypropylene (PP), it is more likely that HDPE will continue to experience a dominant revenue share over others – attributed to high recyclability of the thermoplastic material compared to all others in the list.

Elaborating on the trends that are dictating marketing and product innovation strategies of floating covers manufacturers, the FMI analyst says, “Apart from customized floating covers, a growing trend of modular floating covers is identified to be shaping the market growth in recent years. Application-specific material innovations is also an important factor influencing the adoption of floating covers worldwide. FMI research foresees growing applicability of floating covers in biogas recovery”.

Floating Covers Market Remains a Fragmented Landscape

The global market for floating covers is a highly fragmented landscape wherein smaller companies account for around 95% share of the total market revenue.

  • Maintaining the focal point on consumer convenience, leading manufacturers of floating covers are strategizing product premiumization with an objective to add value to the existing customer base.
  • A majority of companies competing in the floating covers marketplace are also concentrating on regional market expansion, especially across developing economies.

Raven Industries Inc., one of the prominent players operating in the global floating covers landscape, recently inked an agreement to strategically acquire Colorado Lining International with an objective to expand the global outreach. The company more recently launched a new production facility in Texas that enables the company to support end-to-end production of floating covers.

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The report on floating covers landscape throws light on in-depth company profiles that help evaluate strategies of competitors, their key offerings, financial status, and recent developments. Some of the profiled players include GSE Environmental, Inc., Cooley Group, Nilex Inc., Royal TenCate, Hexa-Cover A/S, FLI France SAS, Industrial & Environmental Concepts, Inc., Aquatan (Pty) Ltd., and Advanced Water Treatment Technologies, besides Raven Industries Inc.

In-depth regional analysis of the global market for floating covers reveals that owing to steadily growing floating covers demand for agricultural, water treatment, and water storage applications, APAC remains the most attractive regional territory for manufacturers of floating covers.

Moreover, Germany and the US continue to drive floating covers market in developed regions, whereas markets across developing economies across Latin America and MEA are likely to demonstrate a promising outlook for market growth.

 

Tarpaulin Sheets Market Study: An Emerging Hint of Opportunity by 2031

Tarpaulin sheets have remarkable properties that help in protecting goods and against harsh weather conditions. They have good tensile strength and the durability, which is why Future Market Insights (FMI) has predicted their sales to surge in the coming years.

Application across industries such as agriculture, building & construction, storage, warehousing & logistics, consumer goods, and others will enable the market to reach a valuation of US$ 12.1 Bn by 2031. Agriculture and the building & construction sectors are likely to account for maximum sales of tarpaulin sheets. Of these, over one-fourth of tarpaulin sales concentrates in the agriculture sector.

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Tarpaulin sheets are used in various applications such transporting of the goods and products in the ship where they are majorly used in covering and for the protection of cargo. They also are in the roadway and railway transportation of the goods. In agriculture, tarpaulin sheets provide excellent protection to the crops or produce from the extreme rains and sunlight during the summer which is likely to damage the condition of the crops.

In addition to the protection against harsh temperature, tarpaulin sheets are used as pond liners d to collect and reserve the water. The antifungal and anti-static properties of Poly Vinyl Chloride (PVC), which is a key material used for making tarpaulin sheets is attributable for their impressive properties.

In the coming years the market will witness increasing focus on the manufacturing of recyclable tarpaulin sheets. Increasing demand for sustainable packaging solutions will give tailwinds to this trend and in turn pave the way for the expansion of the market in the near future. Tarpaulin sheets are serving their usage in various applications which is anticipated to increase the market share for the global tarpaulin sheets market in the near future.

In June 2020, the Presena glacier in Northern Italy was covered with vast tarpaulin sheets to cover over 100,000 sq meters of the giant glacier to protect the glacier from melting due to global warming.

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Key Takeaways from Tarpaulin Sheets Market

  • Tarpaulin sheets sales will rise consistently, enabling the market register a CAGR of 4.7% between 2021 and 2031
  • Rising demand from building and construction sector will support growth in the U.S., which is forecast to account for over 84% of sales within North America in 2021
  • Recovery is on card for the U.K. market as demand from agriculture sector continues to rise
  • Expansion of agriculture sector enable the India market exhibit impressive growth
  • China will continue dominating APEJ market, thanks to high availability of raw materials

“Ease of handling and the demand for flexible packaging solutions are driving tarpaulin sheets sales. Companies operating in the market are currently emphasizing on sustainable solutions to keep pace with changing trends in the market. There is higher focus on offering greater recyclability, which will contribute towards the growth of the market in the coming years,” says FMI analyst.

Environmental Concerns Regarding Tarpaulin Sheets Might Hamper Growth

Although tarpaulin sheets provide excellent protection to goods and products, it also serves as a cost-effective packaging solution for manufacturers and consumers. However, difficulty in biodegradability is expect to restrict the adoption of the tarpaulin sheets. Tarpaulin sheets require centuries to biodegrade by which they create a huge harm for the environment leading to the marine and land pollution.

Compared to the traditional tarpaulin sheets, the recyclable tarpaulin sheets are expected to reduce the environmental pollution and create higher scope for the expansion of the market in the coming days. The use of traditional tarpaulin sheets are anticipated to adversely affect the demand, especially in the emerging economies such as, Middle East & African countries, Singapore, Malaysia and other countries.

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Who is Winning?

Manufacturers eyeing on the premiumization of the tarpaulin sheets which is expect to boost the global tarpaulin market. They are not only producing the tarpaulin sheets of superior quality but are building excellent brand image to attract consumers with low price sensitivity, strong purchasing power, and high brand loyalty. Also, manufacturers are focusing on the manufacturing of sustainable or eco-friendly tarpaulin sheets to reduce the harsh environmental impact which will in turn provide consumer satisfaction and high profits.

Puyoung Industrial Corporation, Ltd., Fulin Plastic Industry Co., Ltd., Zhejiang Msd New Material Co., Ltd., Veer Plastics Private Limited, and among others are the key players in the global tarpaulin sheets market. The Tier 1 players hold 5-10% in the global tarpaulin sheets market while the Tier 3 players hold around 50-60% in the global tarpaulin sheets market.

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Confectionery Packaging Market Development Trends, Competitive Analysis and Key Manufacturers Report 2022-2027

The confectionery packaging market is assessed at US$ 10.9 billion of every 2022 and is projected to arrive at US$ 13.2 billion by 2027

Future Market Insights has published a new report titled ‘Confectionery Packaging Market: Global Industry Analysis 2015 – 2021 and Opportunity Assessment 2022 – 2027′ studying the performance of the global Confectionery Packaging Market.

The report presents value and volume forecasts of the global Confectionery Packaging market for a 5-year evaluation period from 2022 to 2027 and provides important insights into factors driving market growth and factors limiting market growth.

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According to an assessment by Future Market Insights, the global Confectionery Packaging market was valued at nearly US$ 10.5 Bn in 2021 and is expected to reach a value of nearly US$ 13.2 Bn by 2027, at a CAGR 3.8% in the course of the forecast period 2022-2027.

Anthropomorphic packaging to harness consumer appeal to pop culture characters driving market trends in North America

By incorporating the anthropomorphic designs of attractive and popular characters into their packaging, confectionery and candy brands have been able to attract children and fans of these popular characters. Creating candy packs in the shape of fictitious characters allows marketers to take advantage of the rise in popularity of these fictitious characters to convince fans to buy candy.

The trend of anthropomorphic packaging is widespread in the market, with significant adoption of pop culture such as cartoons, action and adventure films, and other famous fictional characters. Domestic and international manufacturers of confectionery products regularly develop their products in the form of trend characters and develop sauce packaging tailored to the form of such products. developing,

Global Confectionery Packaging Market: Segmentation and Forecast

The global confectionery packaging market is segmented on the basis of confectionery type, material type, packaging type, and region.

  • By Confectionery Type, the chocolate confectionery segment followed by sugar confectionery segment, collectively are estimated to hold around 89% of the market value share in 2022.
  • By material type, the metals segment was valued at nearly US$660 million The plastic segment is expected to remain the most attractive material type during the forecast period owing to barrier properties such as moisture resistance. Packaging of sweets such as chocolate and gum.
  • By packaging type, the flexible packaging segment was valued at nearly US$4,800Mn is projected to grow at a rate of 4.3% during the evaluation period.
  • By region, the Western European Confectionery Packaging market is expected to reach a value of $3160 million in 2027, exhibiting a CAGR of 2.3% during the forecast period.

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What was the Impact of the COVID-19 Pandemic on the Global Market for Bakery Packaging?

The global confectionery packaging market referred to as bakery packaging experienced a slight negative market growth on the back of the factors such as disruption in the supply chain, improper supply & availability of raw material, government restriction on trade, the slowdown in the production process, and others.

Later, with the reduction in restriction by the government, the industries started to operate at their full efficiencies which slowly had a positive impact on the confectionery packaging market.

Moreover, the buying habits of the consumer changed during the pandemic. Consumers started to prefer different varieties and brands of confectionery products along with purchasing different sized packages which creates the market growth opportunity for confectionery packaging.

Furthermore, the key players operating in confectionery packaging started to focus on offering sustainable and eco-friendly packaging solutions which attract confectionery manufacturers. Overall, the confectionery packaging market is expected to rise at a faster pace during the forecasted period.

Competitive Landscape

The key players in confectionery packaging market are developing and launching new products under their product portfolio. The new product launched by the players matches the growing concern of sustainable and environmentally friendly packaging solutions. Also, the key players in the confectionery packaging market are focusing on expanding their presence through mergers & acquisitions.

  • In June 2021, Smurfit Kappa Group announced the completion of the Cartones del Pacifico acquisition. It acquired a leading paper-based packaging company location in Peru which will help the company to expand its footprint in Latin America.
  • In April 2021, Amcor plc partnered with Nestle to move towards sustainable packaging in Australia by offering Nestle, recyclable paper packaging to pack its confectionery products.
  • In March 2021, Amcor plc announced the launch of a soft plastic food wrapper in Australia which is made from recycled content.

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Confectionery Packaging Market by Category

By Packaging Type:

  • Flexible Packaging
    • Wrappers
    • Stickpacks & Sachets
    • Liners
    • Pouches
  • Rigid Packaging
    • Folding Cartons
    • Corrugated Boxes
    • Trays
    • Containers (Metal, Glass & Plastic)

By Material Type:

  • Plastic
  • Paper & Paperboard
  • Metal
  • Aluminum Foil
  • Glass

By Confectionery Type:

  • Chocolate Confectionery
    • Countlines
    • Slabs/Bars/Blocks
    • Boxed Assortments
    • Tablets
    • Others(Confectionery with toys, seasonal chocolates)
  • Sugar Confectionery
    • Gums, Jellies & Pastilles
    • Medicated Confectionery
    • Mints
    • Boiled Sweets
    • Toffees, Caramel & Nougats
    • Lollipops
    • Other Sugar Confectionery
  • Gums
    • Chewing Gums
    • Bubble Gums

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Middle East and Africa (MEA)
  • Japan

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 5-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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