Laser Therapy Devices Market Booming Trends, Supporting Growth and Forecast 2022-2031

The global Laser Therapy Devices Market is projected to grow at 4% CAGR throughout the forecast period of 2021 to 2031. Rising cases of infections and wounds after performing conventional surgical procedures, compelled the healthcare system to work towards the discovery of non-conventional treatment methods.

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Laser therapy devices are mostly used in oncology for treatment of cancer in the form of radiation treatment. In 2018, around 9 million people died globally from some form of cancer according to the Cancer Atlas. With increasing incidence of cancer patients, the laser therapy device market is forecast to expand at a healthy pace during the projection period.

Low level laser therapy is being adopted by medical practitioners in order to reduce the laser surgery associated side-effects in the long-run. Several medical organizations are focusing in research and development to offer cost effective laser treatment.

Administering minimal invasive treatment procedure especially in ophthalmology and lithotripsy with laser lithotripsy proven highly efficient in the fragmentation of urinary and biliary stones. Studies highlighting the benefits of laser therapy will create attractive opportunities for the market in the coming years.

“Surging demand of breast augmentation procedures, liposuction and other cosmetic surgeries among younger population will drive the laser therapy devices market growth during the assessment period,” remarks the FMI analyst. 

Key Takeaways

  • Rising cases of myopia and cataract in the U.S has fueled the demand for laser therapy devices in ophthalmology. These high incidences will create new avenue for growth and innovation in laser therapy devices market.
  • Low-level laser therapy is gaining popularity in the U.K. as a non invasive, highly effective treatment options for chronic pain, soft tissue injuries and healing wounds which can administered at home. This will positively influence the laser therapy devices market demand.
  • Rising prevalence of skin malignoma in Germany has pushed healthcare workers towards adopting laser therapy treatment options to eradicate the diseases. Rising use of laser therapy in aesthetics and dermatology will drive the market growth in Germany.
  • Presence of prominent market players, expansion of healthcare infrastructure, and research and development in the field of laser treatment in France will accelerate the market growth.
  • China is anticipated to provide lucrative growth opportunities on the backs of increasing demand of cosmetic and aesthetic surgeries, rapid development in novel therapeutic approaches, and elevated standard of living in the country.

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Prominent Drivers

  • Rapid incorporating of laser therapy in aesthetic treatment coupled with increase in per capita income in developing countries will elevate the market demand.
  • Rising geriatric population and growing demand of laser therapy in eye treatment is expected to fuel the market growth.
  • Increasing prevalence of skin irritation and other diseases and growing efforts towards developing long term solution will intensify the market growth.

Key Restraints

  • Surge in Herpes simplex virus (HSV) reactivation in perioral skin after laser treatment hampers the market demand.
  • Burning and scarring of the skin and soft tissues after multiple laser treatment sessions restricts the market growth.
  • High cost of laser therapy and high risk of infection due to disrupted skin barrier after laser therapy will hinder the market sales.

Competitive Landscape

Market players are primarily focusing towards developing innovative products to standout in the highly competitive market. New product launches will assist them in developing strong portfolios allowing them for better market penetration.

They are also looking forward to strategic merger and acquisition as well as collaboration and partnership with important stake holders and distributors. For instance, Boston Scientific Corporation acquired NxThera in 2018, to introduce the NxThera’s Rezum® minimally invasive therapy for patients with benign prostatic hyperblasia (BPH).

This acquisition helped in advancement of Boston’s Urology and Pelvic Health business. The acquisition of Rezum® paired elegantly with the Boston’s GreenLight XPSTM Laser Therapy system and holmium laser platforms.

IPG Photonics Corporation offers wide range of laser therapy treatment solutions across broad medical segments which include the ophthalmology, dermatology, surgical, dentistry and medical imaging segments.

The company offers different categories of fiber lasers (CW and pulsed), Raman lasers (VIS and IR) and Mid-IR hybrid lasers. It also offers pico and femtosecond pulsed lasers at 1 and 1.5 µm.

Lumenis Ltd. launched a ground breaking holmium laser technology named MOSESTM 2.0 in July 2020, assisting in revolutionizing urology care. This was a follow up to MOSES technology introduced in 2017 with aim to improve the efficiency of urinary stones and enlarged prostate procedures.

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Leading players profiled by FMI operating in laser therapy devices market are:

  • Boston Scientific Corporation
  • IPG Photonics Corporation
  • Lumenis Ltd.
  • Coherent Inc.
  • Biolitec AG
  • Hologic Inc.
  • Alma Lasers Ltd.
  • Fotona D.D
  • Danaher Corporation
  • Thermo Fisher Scientific Inc.

More Insights on FMI’s Laser therapy devices Market

The latest market study on global laser therapy devices market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Device Type

  • Solid-State Laser
  • Gas Laser
  • Liquid Laser
  • Semiconductor Laser

End-User

  • Hospitals
  • Specialized Clinics
  • Ambulatory Surgical Centers
  • Other End-Users

Application

  • Ophthalmology
  • Dermatology
  • Gynecology
  • Urology
  • Cardiovascular
  • Others

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Cholesterol Monitors Market:- In 2022, it is anticipated that the Cholesterol Monitors Market is valued US$ 2,514.6 million. The cholesterol monitors market is expected to expand at a 7.4% CAGR from 2022 to 2032 and is likely generate US$ 4,502.4 million.

Portable Anesthesia Systems Market:- The Global Portable Anesthesia Systems Market is expected to accumulate US$ 462.8 Million in value by 2022-2032.

Artificial Urinary Sphincter Market:- The Artificial Urinary Sphincter Market is expected to reach US$ 441.7 million in 2022 and rise at a CAGR of 5.2% to reach US$ 769.2 million by 2032.

Stabilometric Platform Market:- The Stabilometric Platform is a device which measures body movements of subjects by means of a Stabilometer (in standing position), assuming that the stabilometer is a force measuring platform.

Sonohysterography Catheters Market:- Sonohysterography Catheters Market is likely to cross an estimated market value of US$ 22.5 Million by 2032, while it strengthens its hold in the global market at a CAGR of 5.2% (2022-2032).

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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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Ophthalmic Eyes Drop Market Insights on Latest Developments and Innovations Across the Industry

ESOMAR-certified consulting firm Future Market Insights recently published a report on the global Ophthalmic Eyes Drop Market for the forecast period 2021-2031. As per the study, the market is expected to expand at over 5% CAGR through 2021 & beyond. Surging cases of post-operative eye infections and ocular surgical cases such as glaucoma, cataract and many more is furthering the sales of dilation eye drops.

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Ocular surgical conditions such as diabetic retinopathy, age-related macular degeneration and glaucoma has increased the demand for post-operative ocular anti-infective therapies. Also, rising cases of bacterial and viral conjunctivitis and emergence of various pathogens have increased the risk of eye infection, thereby fostering the sales of ophthalmic eye drops.

According to the World Health Organization, around 60% of patients in the U.S. are prescribed with antibiotic eye drops and approximately 10 million people across the globe undergo cataract surgery each year. Furthermore, around 7.7 million people in the U.S. were affected with diabetic retinopathy. Hence, demand for dilation eye drops is increasing with the mounting cases of eye surgery each year. Based on the aforementioned factors, the global ophthalmic eye drops market is expected to witness staggering growth throughout the forecast period.

“Rising cases of cataract and diabetic retinopathy especially among the growing geriatric population and demand for specific eye drops are pushing the manufacturers to develop customized products in ophthalmic eye drops market,” says the FMI analyst

Key Takeaways

  • Demand for dilation eye drop is growing across the globe and is likely to expand at a CAGR of over 5.3% through 2031
  • By drug formulation, with preservative segment is accounted to hold over 89.2% global market share
  • Increasing cases of dry eyes across the globe is making it dominant indication segment
  • Institutional sales segment is anticipated to account for over 60.4% of market share
  • While the U.S. is expected to hold the largest share of North America with 92.1% of market share, Canada is expected to be the fastest growing market.
  • Rising cases of eye infection across the U.K. and France will spur the sales
  • Germany is expected to lead the Europe’s ophthalmic eye drop market through 2021 & beyond
  • India is expected to be the most lucrative market for South Asia region, while China and Japan are leading East Asia’s market

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Competitive Landscape

FMI has profiled some of the prominent market players providing ophthalmic eye drops that include Novartis AG, Bausch & Lomb, Akorn Inc., Biomedica, Advacare Pharma, C2 PHARMA, Kraeber GmbH, Iskon Remedies, HANSHIN Group, Berry Global Inc., Nolato AB, Bormioli Pharma, WG Pro-Manufacturing Inc., Adelphi Healthcare Packaging, Aptar Group Inc., Amcor PLC, and Gerresheimer AG among others. Prominent manufacturers are deploying a slew of expansion strategies, ranging from product innovation to strategic collaboration & partnerships to maintain the lead in the industry,

In February 2021, Bausch & Lomb, global leading eye health company and Nicox, an ophthalmic company announced that VYZULTA® (latanoprostene bunod ophthalmic solution), 0.024%, received regulatory approval from Ministry of Food and Drug Safety in South Korea. The product is indicated for the reduction of intraocular pressure in patients with open-angle glaucoma in the U.S. and other states.

Also, Ocuphire Pharma Inc., a clinical-stage ophthalmic biopharmaceutical company focused on developing and commercializing therapies for the treatment of several eye disorders announced the results of ORION-1 Phase 2 clinical trial evaluating the safety & efficacy of Nyxol in glaucoma and presbyopia.

Furthermore, in July 2020, Alcon, the global leader in eye care dedicated to helping people see, announced the U.S. Food and Drug Administration approval for PAZEO, an olopatadine hydrochloride ophthalmic eye care solution for the patients in the U.S.

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More Insights on the Global Ophthalmic eye drops Market

Future Market Insights, in its new offering, provides an unbiased analysis of the ophthalmic eye drops market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the ophthalmic eye drops market with a detailed segmentation on the basis of drug class (anesthetic drops, dilation drops, glaucoma drops, steroid drops, antibiotic drops, and others (antihistamine, and lubricants tear drops)), indication (dry eye, eye allergy, glaucoma, eye infection, retinal disorders (macular degeneration, diabetic retinopathy and others), uveitis, and others), drug formulation (with preservative and preservative free), container type (single dose container and multiple-dose container), distribution channel (institutional sales, hospitals, community clinics, ophthalmic clinics, public health agencies, veterinary hospitals & clinics, retail sales, and drug stores), across major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa)

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Portable Anesthesia Systems Market:- The Global Portable Anesthesia Systems Market is expected to accumulate US$ 462.8 Million in value by 2022-2032.

Artificial Urinary Sphincter Market:- The Artificial Urinary Sphincter Market is expected to reach US$ 441.7 million in 2022 and rise at a CAGR of 5.2% to reach  US$ 769.2 million by 2032.

Stabilometric Platform:- The Stabilometric Platform is a device which measures body movements of subjects by means of a Stabilometer (in standing position), assuming that the stabilometer is a force measuring platform.

Sonohysterography Catheters Market:- Sonohysterography Catheters Market is likely to cross an estimated market value of US$ 22.5 Million by 2032, while it strengthens its hold in the global market at a CAGR of 5.2% (2022-2032).

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.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
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Recent Study Reveals Growth Prospects of Skincare Market During 2022-2031 | FMI

The global Skincare Market is forecast to grow at 8.1 % CAGR between 2021 and 2031, as per a Future Market Insights (FMI) study. Increasing global warming and severe climate change have fuelled the demand for skincare products. Pollution has detrimental effects on skin in long run, promoting customers to use skincare products for protection. Skincare brands are leveraging social media platforms such as Instagram to run their marketing campaigns and by harnessing the power of visual practices on consumers. Doing so they are elevating skincare market sales, finds ESOMAR-certified consulting firm Future Market Insights in this study.

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According to the World Health Organization (WHO), the frequency of chronic ailments is anticipated to elevate by 57% by 2020. The outbreak of COVID-19 pandemic elevated those numbers to a greater degree. Pandemic boosted the demand of hand sanitizers. It also forced people to incorporate better hygiene and healthcare practices. Government initiatives to control the pandemic along with changed consumer habits has created novel opportunities for market growth and expansion

 “Rising awareness regarding the detrimental effects of chemicals and compound present in personal care has increased demand for herbal skincare products. Rapid development in infection prevention skincare products will boost the market growth,” remarks the FMI analyst. 

Key Takeaways

  • The U.S. dominates the skincare market on the back of high consumer spending habit and high demand of skincare products. The presence of leading market players also boosts sales in the U.S.
  • Growing prevalence of surgical site infection in the U.K. has led to increasing consumption of surgical scrubs. Government has circulated protocols to control the spreading of the surgical site infection. With COVID-19 pandemic the demand for hand sanitizers is expected to increase.
  • China s providing lucrative opportunities for skincare market sales owing to increasing population, developing healthcare system rising disposable income, and favorable medical insurance policies.
  • South Africa is forecast to exhibit sluggish market growth at 8.7% CAGR due to unavailability of proper treatment facilities, growing prevalence of diseases. Government’s lack of funding towards awareness due to financial difficulties hampers the market growth.
  • Hand sanitizers being used as front line of safety measure against COVID-19 infection lead to surge in demand, thus boosting the market growth.

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Prominent Drivers

  • Rising customer inclination towards wellness products and growing demand for innovative products is accelerating the skincare market growth.
  • Employment of social media to reach the difficult customers directly and informing customers the benefits of skincare is expected to fuel the market demand.
  • Growing awareness towards personal health and hygiene and customer exhibiting increasing healthcare spending will amplify the market growth.

Key Restraints

  • Health complications regarding the usage of skincare products like surgical scrubs hamper the market growth.
  • High concentration of alcohol in hand sanitizers and its frequent application on skin leads to irritation and carcinogenicity, restricting the market growth.
  • Disrupted supply chain channels and scarcity of raw materials due to COVID-19 pandemic will negatively affects the market demand.

Competitive Landscape

Leading players profiled by FMI operating in skincare market include 3M Company, Ecolab, Reckitt Benckiser Group PLC, Johnson & Johnson Consumer Inc., PDI, Inc., Pal International, Metrex Research, LLC., Unilever, Procter & Gamble, Cardinal Health, Inc., Whiteley Corporation, Carrollclean, Galderma laboratories, L.P., Betco Corporation, PSK Pharma Pvt. Ltd., Gojo Industries, Inc., Steris Plc. According to FMI, Leading players are emphasizing on expanding their global footprint by diversifying the product portfolio to provide solution to wide range of end users.

For instance, A new global headquarter of PDI was opened in Bergen county, New Jersey in 2021. The main motto of new building is to hasten the developmental and innovation projects regarding healthcare and infection prevention.

The market players are also performing activities like merger and accusation and develop supply chain network to strengthen their market position. For instance, Unilever acquired Lenor Japan to consolidate its skincare business and improve penetration in Chinese and Japanese market.

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More Insights on FMI’s Skincare Market

The latest market study on global skincare market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of product (Skin Cleansers, Hand Sanitizers, Surgical Scrubs, Skin Conditioners), Form (Liquid, Gel & Lotions, Wipes, Spray & Foams), end user (Hospitals, Clinics, Ambulatory Surgical Centers, Diagnostic Laboratories, Reference Laboratories, Rehabilitation Centers, Long Term Care Centers, Critical Care Centers, Pharmaceutical & Biotechnology Companies, Academics and Research Institutes, Homecare Settings), and across major regions (North America, Latin America, Europe, East Asia, South Asia and Oceania, and Middle East & Africa).

Explore Other Coverage on Future Market Insights

Cholesterol Monitors Market:- In 2022, it is anticipated that the Cholesterol Monitors Market is valued US$ 2,514.6 million. The cholesterol monitors market is expected to expand at a 7.4% CAGR from 2022 to 2032 and is likely generate US$ 4,502.4 million.

Portable Anesthesia Systems Market:- The Global Portable Anesthesia Systems Market is expected to accumulate US$ 462.8 Million in value by 2022-end.

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.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Sports Medicine Market | Global Size, Share, Status and Prospects 2022-2031

ESOMAR-certified Future Market Insights’ recent Sports Medicine Market report forecasts a healthy growth outlook through 2021 and beyond. The market is projected to expand at over 7.5% CAGR through 2031. It is expected to be driven by increasing application in the treatment of knee, shoulder and ankle foot injuries to cater the manufacturer’s growth. Despite facing a slight drawback with the onset of COVID-19, future projections indicate a positive growth through 2021 and beyond.

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Furthermore, active participation in sports activity has increased the incidence of sports injuries. FMI evaluates, body reconstruction is the leading segment and is expected to propel the market growth through 2021 & beyond. According to a recent survey by Centers of Disease Control and Prevention, 34.7% of the sports related injuries are rotator cuff tears or injures that needs to reconstruct by severe therapy or surgery.  Rising cases of sports injuries will continue inducing growth prospects for the market.

“In order to gain competitive edge, the market players are focusing on various expansion strategies. Among these, product launches will remain highly sought-after,” remarks the FMI analyst. 

Key Takeaways

  • Body reconstruction is expected to lead the market in terms of product type through 2031
  • Knee injuries is expected to retain the dominance throughout the forecast period
  • United States to be the largest market for sports medicine in North America
  • Germany is expected to lead the world’s second largest sports medicine market in Europe, sustaining the growth through 2021 & beyond
  • China to be one of the most lucrative market in Asia Pacific
  • India is expected to emerge as a lucrative market in sports medicine industry

Prominent Drivers

  • Growing participation in sports as well as active participation in other physical activities has increased the number of sports injuries, propelling the demand for sports medicine
  • Rising incidence of ligaments tear and fractures is high among sports personalities which is prompting the manufacturers to constantly develop new and advanced medicine for fast recovery
  • Developments in the field of regenerative medicine is a key driver for the growth of sports medicine

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Key Restraints

  • High cost of orthopedic implants may hamper the growth of sports medicine market
  • Lack of skilled professionals is expected to create a challenge for market players in the forecast period

Competitive Landscape

Breg Inc., Johnson & Johnson, Medtronic PLC, Wright Medical Group NV, Mueller Sports Medicine Inc., Zimmer Biomet Holdings Inc., CONMED Corporation, Stryker Corporation, Smith & Nephew PLC, and Arthrex Inc. among others. Majority of these players are emphasizing on diversifying their products further.

For instance, in May 2020, Orteq Sports Medicine announced the publication of 5-year multi-center clinical data for the Acifit meniscal scaffold in the American Journal of Sports Medicine and received approval from US Food and Drug Administration.

Also, in June 2020, Smith & Nephew received the CE mark approval for Regeneten Bioinductive Implant, advanced healing solution for biological enhancement and tendon regeneration across all rotator cuff tear types.

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More Insights on FMI’s Sports Medicine Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016-2020 and forecast from 2021-2031. The global sports medicine market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on sports medicine market on basis of product type (body reconstruction, body support & recovery, body monitoring & evaluation, and accessories), application (knee injuries, shoulder injuries, ankle & foot injuries, back & spine injuries, elbow & wrist injuries, hip injuries, and other applications) across North America, Europe, Latin America, East Asia, South Asia, Oceania and Middle East and Africa.

Artificial Urinary Sphincter Market:- The Artificial Urinary Sphincter Market is expected to reach US$ 441.7 million in 2022 and rise at a CAGR of 5.2% to reach US$ 769.2 million by 2032.

Stabilometric Platform Market:- The Stabilometric Platform is a device which measures body movements of subjects by means of a Stabilometer (in standing position), assuming that the stabilometer is a force measuring platform.

Sonohysterography Catheters Market:- Sonohysterography Catheters Market is likely to cross an estimated market value of US$ 22.5 Million by 2032, while it strengthens its hold in the global market at a CAGR of 5.2% (2022–2032).

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.

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
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Metallized PET Cartons Market Business Opportunities and Global Forecast to 2031

The metallized PET cartons industry is expected to witness steady growth with worldwide revenues up by 2.7% year-over-year in 2021. A new forecast by FMI estimates that metallized PET cartons revenues will nearly double during 2021 and 2031, reaching nearly US$ 276.8 Mn in 2031 at a ten-year compound annual growth rate (CAGR) of 4.7%

Metallized PET is replacing aluminium coating on cartons as it is characterized by higher tensile strength. The metalized PET carton also holds flexible rigidity unlike cartons made of aluminium coating the packaging doesn’t wrinkle because of the composite material that is produced by the vaporization of the metal. This would give the packaging a more presentable look.

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The extremely fine metal coating of the metallized PET cartons changes the electrical conductivity opening up possibilities for it to be used as food packaging. This property of absorbing energy and exhibiting heat makes food item such as frozen foods, curry, noodles and many others ready to be heated in an oven as they contain low water content.

Sustainability has become a necessity and a crucial factor for leading players in packaging industry. Manufacturers are focusing on high quality barrier packaging which is expected to spur the sales of metallized PET cartons.

2016-2020 Metallized PET Cartons Market Outlook Compared to 2021-2031 Forecast

The global market value of metallized PET cartons market is expected to increase at a rate of 4.5% in terms of during 2021-2031 in comparison to the 1.8% CAGR registered during 2016-2020. The high demand from diverse industries such as food & beverage, pharmaceuticals, and personal care & cosmetics is expected to drive the metallized PET cartons market.

Increasing usage in the pharmaceutical and food & beverage segments is expected to continue fuelling demand in the market through the assessment period. The metallized coating on PET cartons is generally used for food packaging due to its high barrier properties, light-weight and relatively cheap raw material.

Metallized PET cartons are less brittle and can handle both blunt and sharp impacts a lot better. The glossy appearance of the packaging gives a competitive edge to packaged products, which is a key factor driving the sales of metallized PET cartons during the forecast period.

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Key Takeaways from Metallized PET Cartons Market

  • The demand for polyethylene terephthalate (PET) in the packaging industry has increased exponentially in past few years. This segment is expected to create incremental opportunity of US$ 53.2 Mn over the next decade.
  • Metallized PET cartons that are printed is gaining significant traction among end users. This segment is forecasted to increase by 394 bps of current market share and reach up to 63.5% in 2031.
  • Increasing pharmaceutical packaging have increased the demand in the packaging industry. This segment is forecasted to expand 1.7 times the current market shares during the forecasted period.
  • Across the globe, consumption of Metallized PET Cartons is expected to remain high in the Asia Pacific countries and the European countries, due to the presence of key players of the market and also the availability of technological advancement owing to innovative packaging.

Impact of COVID-19 on Metallized PET Cartons Market

The decline in the manufacturing sector, foodservice demand, disruptions in the supply chain, higher input costs, created an obstacle for the businesses to generate income through profits. Although the reopening of business will increase labour productivity and usage of more products which in turn anticipates a steady growth of metallized PET cartons in the forecasted period.

Metallized PET Cartons Market Landscape

As per Future Market Insights, Faller Packaging, P.R. Packaging, Carton Services, American Carton Company and among others are the prominent players in the global metallized PET cartons market. The tier 3 players in the market hold 70-80% in the global metallized PET cartons market. In conclusion, key players contribute almost 20-30% of the global demand.

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Metallized PET Cartons Market by Category

By Material Type:

  • Polyethylene Terephthalate (PET)
  • Aluminum
  • Paperboard

By Finishing:

  • Printed
  • Non-printed

By End Use:

  • Food & Beverage
    • Milk
    • Yoghurt & Buttermilk
    • Fruit Juice
    • Carbonated Soft Drinks
    • Alcoholic Beverages
    • Others
  • Pharmaceutical
  • Personal care & Cosmetics
  • Other End Use

By Region:

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

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https://howtolive.tribe.so/post/senior-friendly-packaging-market-size-industry-trends-report-for-2032-nowad–63867d21cef086782f1c1d94

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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.

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Packaging Barrier Films Market Reaching US$ 26.3 Bn by the year 2030 at a CAGR of 3.4%

According to Future Market Insights, the global packaging barrier films market is expected to register a CAGR of 3.4% during the forecast period of 2022 and 2030.

Global packaging barrier films market is expected to witness a definitive surge as the demand for safe packaging for food and beverages remains a grave concern. The risk of food spoilage while handling and storing is projected to fuel the uptake of packaging barrier films in the coming years. The impermeable nature of barrier films makes them ideal for storing packaged food.

Over the years, development of sturdy material that keep the contents away from exposure to oxygen and other gases has strengthened the case for these films. Furthermore, packaging barrier films do not react with packaged food, which makes an ideal choice.

Analysts project that meat and fish will be the growing end use of packaging barrier films are they have the least oxygen transmission rate. The growing consumption of frozen food, lifestyle that dictate easting convenient food, and booming restaurant industry are expected to fuel the growth of this market in the coming years.

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List of Key Players Covered in Packaging Barrier Films market are:

  • Mondi Plc
  • Huhtamaki Oyj
  • Winpak Ltd.
  • Atlantis Pal Co. Ltd.
  • Glenroy, Inc.
  • Uflex Ltd.
  • Plastissimo Film Co., Ltd.
  • Bischof & Klein GmbH
  • Ampac Holdings, LLC
  • Schur Flexibles Holding GmbH
  • Linpac Packaging Ltd.
  • Clondalkin Group Holdings B.V.
  • Accredo Packaging, Inc.,
  • Sigma Plastics Group, Inc.
  • Krehalon Industrie B.V.
  • Supravis Group S.A.
  • Sudpack Verpackungen GmbH & Co. KG
  • Flexopack SA
  • Cosmo Films Ltd.
  • Jindal Poly Films Ltd.

“Packaging barrier films market is expected to see a remarkable rise in the coming years as food consumption patterns change drastically. With increasing investments in research and development to manufacture stronger films, manufacturers are expected to lure bigger consumer base. In the coming years, manufacturers are expected to focus on building a circular economy by ensuring these films are recycled and reused,” says FMI analyst.

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Global Packaging Films Market Study and Findings

  • Packaging barrier films are highly preferred in the pouches and shrink films packaging. Hence, these application segments are expected to account for around 58% of the collective market share by the end of forecast period.
  • Food and beverages segment to account for significant uptake of packaging barrier films as demand for frozen food reaches all time high
  • Pharmaceutical industry to contribute as hospital admissions remain high throughout the globe
  • Emerging economies of India and China to be key raw material suppliers
  • LDPE to remain highly used material as it offers exceptional barrier to moisture, strength, and flexibility

COVID-19 Impact on Packaging Barrier Films

The impact of COVID-19 can be felt on global packaging barrier films as the sales of cosmetics have suffered to a great degree. The market has taken a hit due to ban on international travel and trade. Furthermore, stringent lockdowns that restricted e-commerce industry as well have led to a drop in the sales of packaging barrier films in the first two quarters of 2020.

However, analysts project that the demand for packaging barrier films is expected to regain normalcy as its demand picks up in pharmaceutical and food and beverage industry. As restaurants open for delivery and with limited capacity, they are further expected give the global market an impetus.

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Regional Insights

The Asia-Pacific is expected to witness a topsy-turvy situation in the packaging barrier films market in the forecast period. This could be attributed to the ever-increasing consumerism in countries like China and India. Additionally, according to the Organization for Economic Co-operation and Development, these two countries are bound to witness growth by 230% and 232% respectively in the pharmaceutical sector.

Packaging Barrier Films Market by Region:

  • North America Packaging Barrier Films Market
  • Latin America Packaging Barrier Films Market
  • Europe Packaging Barrier Films Market
  • East Asia Packaging Barrier Films Market
  • South Asia Packaging Barrier Films Market
  • Oceania Packaging Barrier Films Market
  • Middle East & Africa (MEA) Packaging Barrier Films Market

Detailed Table of Content:

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background
  2. Global Packaging Barrier Films Market Analysis 2015-2021 and Forecast, 2022-2030

TOC continued..!

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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.

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Folding IBCs Market Future Plans and Industry Growth with Quantitative And Qualitative Analysis

The market for folding intermediate bulk containers, often known as IBCs, is anticipated to reach US$ 418 million in 2022 and US$ 528 million by 2027, at a CAGR of 4.8%. The China folding IBCs market is anticipated to increase by 6.9% annually in 2022, defying earlier concerns about how the sector would fare in the event of a global pandemic.

In 2022, the China folding IBCs market expected to grow by 6.9% year on year, bucking initial skepticism about how the market would perform during a global pandemic. Total sales of folding IBCs in China is estimated to clock US$ 50 million revenue in 2022.

In China, the total income from folding IBC sales is anticipated to reach US$ 50 million in 2022. According to Future Market Insights’ annual market report, the chemicals and petrochemical products categories in the market for folding IBCs will collectively generate revenue of US$ 243 million in 2022. Folding IBCs are anticipated to make about 2% of the US$ 21 billion global IBCs market.

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Global Folding IBCs Market: Segmental Analysis

  • Based on material, plastic material leads in terms of market size, with an expected market size of over US$ 430 Mn by the end of 2028. However, metal material for folding IBCs is expected to witness faster demand in the coming years. Metal is expected to lead in terms of CAGR with 5.1% during the forecast period.
  • On the basis of capacity, 500-1000 L capacity has the highest expected market share US$ 240 Mn by the end of 2027. In terms of CAGR, 1000-1500 L dominates the global market.
  • Based on packaging content, liquid segment is way ahead solid and semi-solids segment with a market share of over US$ 400 Mn by the end of 2028. However, solid and semi-solid segment is expected to reflect a higher growth rate of over 5.1% during the forecast period.
  • Among the various application areas of folding IBCs automotive and mechanical part is expected to witness the fastest growth during the forecast period. However, chemicals segment is the dominating segment in terms of market size and is also not much behind mechanical segment in terms of growth rate.
  • Based on region, APEJ is expected to reflect highest market share among all the major regions, with the highest demand for Folding IBCs by the end of the year of assessment

Competitive Landscape

The key manufacturers operating in folding IBCs market are focusing on increasing their production capacity to meet the increasing demand for folding IBCs. Moreover, the key players are increasing their product portfolio to cater for the growing folding IBCs market.

  • In 2021, a company known as BP Polymers has introduced Kortrax® Barrier Resin, for Baritainer® drums, jerry cans, intermediate bulk containers (IBC) and HDPE plastic bottles.
  • In 2020, Schoeller Allibert’s company has designed a foldable IBCs for international logistics and to meet the latest expectations of the pharmaceutical, cosmetics, and food processing industries.
  • In 2020, a company named Mondi plc., is advancing its product portfolio in its plant situated in Styria (Austria) to further boost its ability to offer liners that are environment-friendly for intermediate bulk containers.

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Global Folding IBCs Market: Competitive Landscape

There are a lot of companies in the global folding IBCs market that are considered to be great performers and also the key players of the market. Some of these key players that are mentioned in the report are

  • Finncont Oy,
  • Bulk Handling Australia Group Pty Ltd,
  • A. R. Arena Products Inc.,
  • TranPak Inc.,
  • Brambles Group,
  • ORBIS Corp.,
  • Dalian CIMC Logistics Equipment Co., Ltd.,
  • TPS Rental Systems Ltd,
  • Loscam Ltd.,
  • Milford IBC,
  • RPP Containers etc.

Folding IBCs Market by Category

By Material, Folding IBCs Market is Segmented as:

  • Metal Folding IBCs
    • Carbon Steel Folding IBCs
    • Stainless Steel Folding IBCs
  • Plastic Folding IBCs

By Capacity, Folding IBCs Market is Segmented as:

  • Up to 500 L
  • 501 to 1,000 L
  • 1,001 to 1,500 L
  • Above 1,500 L

By Application, Folding IBCs Market is Segmented as:

  • Chemicals
    • Hazardous
    • Non-Hazardous
  • Petrochemical Products
  • Paints, Inks, & Dye
  • Food & Beverage
  • Automotive & Mechanical Parts
  • Cosmetic & Toiletries
  • Others

By Packaging Content, Folding IBCs Market is Segmented as:

  • Liquid
  • Solid & Semisolid

By Region, Folding IBCs Market is Segmented as:

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

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Report Objectives

  • To analyze and forecast the global Folding IBCs market size in terms of value and volume
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To define, describe, and forecast the market by type, material, and application
  • To forecast the market size with respect to five main regions: Asia Pacific (APAC), the Middle East & Africa, Europe, North America, and South America
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing market growth
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies
  • To analyze competitive developments in the market, such as investments & expansions, new product developments, partnerships & collaborations, and mergers & acquisitions

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

Form-Fill-Seal (FFS) Films Market New Technological Development Projecting Massive Growth till 2031

According to a review distributed by FMI, the worldwide form-fill-seal (FFS) films market is supposed to arrive at US$ 24.6 Bn in 2021. Rising utilizations of FFS films across medical care, drugs, building and development, and agribusiness enterprises is assessed to drive development in the market.

According to the review, deals of FFS films are supposed to flood at a CAGR of 5.1% over the conjecture period 2021-2031, adding up to US$ 40.7 Bn by 2031.

Form-fill-seal films are among the most practical, adaptable, and supportable bundling arrangements. They give an enormous material to the makers for upgrading the engaging quality of their items utilizing fantastic flexographic printing innovations.

This is making FFS films ideal for bundling purchaser merchandise and food items, speeding up development in the market. Driven by this, deals of FFS are projected to observe year-on-year development of 4% somewhere in the range of 2020 and 2021.

Interest for form-fill-seal films is quickly expanding across the food business inferable from their uncommon insurance against oxygen, dampness, and bright (UV) light.

They hold the smell, taste, and kind of food items by killing the requirement for additives. Consequently, these films are broadly being utilized for bundling food items like pastry kitchen, dairy items, meat, fish, and poultry.

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According to FMI, sachets and pockets are expected to overwhelm the application section, representing almost 51.8% of the absolute deals through 2031. Pockets and sachets made utilizing form-fill-seal films keep items new for a more drawn out term.

They likewise add utility to the bundling by offering eye getting finish and tasteful look. Hence, these arrangements are profoundly pursued for bundling food and drug items.

“Rising tendency towards utilizing manageable and recyclable bundling arrangements alongside expanding interest for bundled and prepared to-eat food items with no additional additives is supposed to speed up the development of the market before very long,” says the FMI investigator.

Key Takeaways from the Form-Fill-Seal (FFS) Films Market Study

  • The U.S. is projected to emerge as a leading market in North America, accounting for nearly 90% of the sales by 2031 end.
  • Germany is estimated to account for around 1/5th of the Europe FFS film demand through 2031, owing to the rising sales of packaged food products.
  • India is forecast to witness substantial growth in the South Asia market, accounting for nearly 41% of the revenue share by 2031.
  • Japan is expected to create an incremental opportunity of about US$ 500 Mn during the assessment period.
  • Based on layer structure, the multilayer structure is anticipated lead the segment, accounting for over 73.6% of global sales through 2031.

Key Drivers

  • Increasing demand for easy-to-carry and flexible packaging solutions ideal for e-commerce activities and on-the-go consumer product packaging is spurring the sales of form-fill-seal films.
  • Growing need for safe, and sterile packaging for medical and pharmaceutical products to provide full-bodied protection against the external contagious environment is facilitating the growth in the healthcare & pharmaceuticals segment.

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Key Restraints

  • Stringent government regulations regarding the production and use of plastics across the U.S., China, India, and others is expected to hamper the sales of form-fill-seal films.
  • High cost of aluminum foils compared to other substitutes such as polyethylene and polypropylene films is hindering the sales of form-fill-seal films made of aluminum foil.

Competitive Landscape

The top 5 players operating in the global form-fill-seal films market are Sealed Air Corporation, Mondi Plc, ProAmpac Intermediate, Inc., Retal Industries Ltd., and Schur Flexibles Holding GesmbH. These companies are expected to hold around 20% to 25% of the revenue share through 2031.

Key manufacturers are emphasizing on introducing recyclable and sustainable packaging solutions to improve sales. Some of the players are aiming at entering into strategic collaborations, partnership, agreement, mergers and acquisitions to strength their global footprint.

For instance,

  • In July 2021, ProAmpac, a leading global flexible packaging company, announced acquiring, a U.K. based pioneer in flexographic printing, Ultimate Packaging. The acquisition will assist the company to strengthen its market position in food flexible packaging and expand its consumer base in the U.K.
  • In July 2020, Mondi Plc, a British multinational packaging company, announced partnering with an Austrian-based meat producer, Hütthaler to develop new recyclable mono-material films for poultry, meat, and sausage products.

What is the Impact of COVID-19 Pandemic on the Form-Fill-Seal Films Market?

The onset of the COVID-19 pandemic has profoundly impacted several industries by hampering production, disrupting the supply chain, and drastically reducing sales. The food packaging industry has also suffered significantly due to stringent lockdown and travel restrictions.

Demand for food and beverages witnessed an uptick as they are considered essential products during the pandemic. Fast-food and ready-to-eat food packaging witnessed high demand due to work-from-home culture and long working hours.

Pouches, and bags made from form-fill-seal films are safe, reliable, and hygienic. These films can handle raw, frozen, and processed foods products and offer protection against moisture, oxygen, and light. Growing concern about consuming contamination-free, healthy, and safe food are anticipated to propel demand for form-fill-seal films in the forthcoming years.

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More Valuable Insights on Form-Fill-Seal (FFS) Films Market

In its latest report, Future Market Insights report on global form-fill-seal (FFS) films market offers incisive coverage, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021 to 2031. The study also divulges in essential insights of the market which is segmented on the basis of:

Form-Fill-Seal Films Market by Category

By Material Type:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Aluminum Foil
  • Others

By Layer Structure:

  • Monolayer Films
  • Multilayer Films

By Application:

  • Sachets & Pouches
  • Bags & Sacks
  • Others

By End-Use:

  • Food
    • Meat, Poultry & Seafood
    • Dairy Products
    • Fruits & Vegetables
    • Bakery & Confectionery
    • Others
  • Healthcare & Pharmaceuticals
  • Agriculture & Allied Products
  • Building & Construction
  • Others

By Region:

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

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

Returnable Plastic Crates Market is expected to reach USD 2.4 Billion by 2029, at a CAGR of 5.6%

The returnable plastic crates market synopsis shows that the value of overall returnable plastic crates market is expected to witness a spike at a year-on-year (Y-o-Y) growth of 5.4% in 2021-2022. The returnable plastic crates market is anticipated to be led by the North American region which is projected to capture a significant market share of 30.8% in 2022.

FMI estimates that in 2022, the Spain returnable plastic crates market will increase 5.8% year on year. Across the whole of Western Europe, total revenue of returnable plastic crates is forecast to reach USD 417.3 Million in 2022.

Nestable crates are expected to be dominant in the returnable plastic crates market, capturing around half of the market share over the forecast years. The stackable nature of these crates enables users to make efficient use of floor area. Lightweight, easy handling, and economical cost are other attributes that make nestable crates the preferred choice among end users.

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Manufacturers of returnable plastic crates can gain significant profits by targeting vertical farming manufacturers and catering to the increasing demand for packaging from the dairy industry.

Key Takeaways of Returnable Plastic Crates Market Study

  • By material type, high density polyethylene is anticipated to be a key segment in returnable plastic crates market, and is projected to capture more than 65% of the market share during the forecast period.
  • Demand from manufacturers of seafood, meat & poultry, and agriculture products is collectively expected to capture around 75% of the global returnable plastic crates market share, with its absolute growth expected to be more than any other segment.
  • Asia Pacific Excluding Japan is expected to dominate the global returnable plastic crates market, and is expected to witness an impressive CAGR through 2019-2029.

Increasing Use of RPCs for Logistics and Transportation of Bulk Materials in North America and Europe

Rapid adoption of returnable plastic crates in the mature markets of North America and Europe for the bulk packaging of fresh produce, dairy, bakery, seafood, meat, and grocery is largely driven by consumer and market demand for high quality products. Moreover, the large number of manufacturers and distributors of returnable plastic crates in these regions boosts market growth. Manufacturers supply large volumes of returnable plastic crates and containers to meet the global demand for effective storage solutions, and to be a part of this rapidly growing market.

Additionally, returnable plastic crates are also available in various dimensions, and custom colours and logo designs, which attracts customer towards products in supermarkets and hypermarkets. Availability of better logistics and supply chains management for the fast growing packaged food and FMCG sectors offers lucrative opportunities for the returnable plastic crates market in these regions.

  • One of the global providers of returnable plastic crates, Brambles Ltd., claims that it owns around 330 million pallets, crates, and containers, with over 750 service centers across the globe.

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Developed Regional Markets Hold 60% Share

North America and Western Europe lead the pack in the global returnable plastic crates market, with collective share of about 60% of total revenues. These developed regions continue to garner huge stakeholder attention on the back of strong presence of enhanced logistics & supply chains for the booming fast-moving consumer goods (FMCG) and packaged food sectors.

Market penetration in Asia Pacific excluding Japan (APEJ) remains the focal point for players in the returnable plastic crates market, as the region is the global leader of the packaging industry.

Competitive Landscape

Leading returnable plastic crates manufacturers are committed to the research and development of the product and are consistently offering innovative returnable plastic cratesba solutions targeted towards specific end use.

Companies operating in the returnable plastic crates market are aiming at product launches and expansions with other manufacturers.

  • In November 2021, Craemer has launched large volume 300 litre rotary stacking container which once used can save 70 percent of space until further usage.
  • In November 2021, DS Smith Plc developed a fully recyclable and reusable tray which has features such as two lateral automatic bases.

Returnable Plastic Crates Market By Category

By Capacity :

  • Less than 10 Kg
  • 10 Kg to 20 Kg
  • 21 Kg to 35 Kg
  • 36 Kg to 50 Kg
  • Above 50 Kg

By Product Type :

  • Stackable
  • Nestable
  • Collapsible

By Material :

  • High Density Polyethylene (HDPE)
  • Polypropylene (PP)
  • Others

By Application :

  • Agriculture
  • Grocery
  • Dairy
  • Bakery
  • Seafood & Meat
  • Others

By Region :

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

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Report Objectives

  • To analyze and forecast the global Returnable Plastic Crates market size in terms of value and volume
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To define, describe, and forecast the market by type, material, and application
  • To forecast the market size with respect to five main regions: Asia Pacific (APAC), the Middle East & Africa, Europe, North America, and South America
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing market growth
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies
  • To analyze competitive developments in the market, such as investments & expansions, new product developments, partnerships & collaborations, and mergers & acquisitions

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

 

Printing Machinery Market Size, Share, CAGR & Forecast Report for 2026

Future Market Insights’ exclusive study on the global printing machines market delivers a forecast on how the demand for printing machines will shape up in the years to come. According to the research study, the global market for printing machines will be worth over US$ 25 Bn by the end of the forecast period, 2017-2026. During this period, the market is poised to expand at a moderate CAGR of 4.1% as a range of factors are likely to restrain the production and sales of printing machines.

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One of the key restraints for the global printing machines market is the stringent environmental laws. Manufacturers of printing machines are compelled to modify their production techniques and create machines that can optimize the use of printing inks. Since these inks contain VOCs, strict environmental laws are curbing the commercialization of machines that aren’t able to optimize the use of printing inks. In addition, the report also projects that increasing penetration of electronic devices will lower the need for printing, and ultimately limit the demand for printing machines in the near future.

Printed hoardings on streets will be replaced by digital signage, and consumers will gradually shift to print-free media. Leading manufacturers of printing machines, which are the key stakeholders in the global printing machines market, will face the brunt of the changing dynamics as such. The study reveals that companies namely, Agfa-Gevaert Group, Océ Imagistics, Inc., Bobst Group SA, Fujifilm Holdings Corporation, Heidelberger Druckmaschinen AG, Hewlett Packard Enterprise Company, Koenig & Bauer AG, Komori Corporation, Apex Machine Company Inc., and Cerutti Group will remain active in the expansion of the global printing machines market through 2026.

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High Demand for Offset Lithography Printing Machines

A majority of key players in the global printing machines market are focusing on increasing the production of offset lithography printers. Competitive advantage of offset lithography when compared to digital printing techniques and flexography will continue to drive the demand for such machines. By the end of 2026, over US$ 12.7 Bn worth of offset lithography printing machines are expected to be sold across the globe. Digital printing machines, on the other hand, will register a CAGR of 5.4%, reflecting fastest sales during the forecast period.

APEJ and North America – Leading Markets for Printing Machines

Regional analysis and forecast, developed in the study, projects that the printing machines market in North America and Asia-Pacific excluding Japan (APEJ) region will register impressive growth. By 2017-end, the printing machines markets in these regions are expected to be worth over US$ 4 Bn individually. North America is anticipated to record higher sales of printing machines due to booming packaging businesses in the US and Canada, while the APEJ printing machines market will be characterized by mass-scale production of printing machines at affordable costs.

Global Printing Machines Market: Additional Forecast Highlights

The report has further revealed that:

  • In 2017, paper and paperboard will be the leading type of substrate used in printing machines. Revenues procured from sales of paper and paperboard substrates for printing machines is estimated to net over US$ 8 Bn in global revenues by the end of 2017.
  • Packaging is expected to be the leading end-use industry for printing machines, accounting for nearly half of the global market value in 2017 and beyond.
  • Throughout the forecast period, printing machines will be predominantly used in packaging and labelling applications.

Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-5833

Printing Machinery Market by Category

By Product Type:

  • Offset Lithography
  • Flexography
  • Screen
  • Gravure
  • Letterpress
  • Digital
  • Others

By Substrate Type:

  • Plastic
  • Paper & Paperboard
  • Metal
  • Other Substrates (Wood, Glass, Fabric)

By Application:

  • Packaging & Labels
  • Books
  • Newspaper & Magazines
  • Commercial Printing & Others
  • Advertising
  • Office Stationaries

By End-Use:

  • Commercial
  • Publication
  • Packaging

By Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific
  • Middle East & Africa

Related Links –  

https://medium.com/@nk99fmi/senior-friendly-packaging-market-size-share-global-industry-report-for-2032-b087c66c261c

https://www.patreon.com/posts/75275837?pr=true

https://nk99fmi.hashnode.dev/senior-friendly-packaging-market-size-industry-trends-report-for-2032

https://hackmd.io/2KVbTWclTkiuYdcZpK9lFw

https://theomnibuzz.com/senior-friendly-packaging-market-size-share-growth-report-for-2032/   

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