Social Media Content Creator Market 2022 : Increasing Demand for Efficient Management Practices Report 2032

The Social Media Content Creator Market registered a 13.1% CAGR during the forecast period (2022-2032). The social media content creator market is projected to reach US$ 2,510.86 Mn in 2022 and US$ 8,567.93 Mn by 2032.

Because the majority of the operations are conducted for the most part from isolated locations, so the creation of digital content assists organizations with their digital strategies, thereby propelling sales of social media content creation.  Digital content creation worldwide is expected to expand substantially owing to this trend.

Over the past two years, this has driven the digital content creation market to grow, as the increasing prevalence of COVID-19 has encouraged companies to focus on strengthening their digital footprint.

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ClickStream’s former CEO and creator of ‘Joey’s Animal KingdomTM’, Nate Bernard, said, “With technology becoming a staple of how we communicate, learn, and entertain, we see Joey’s Animal KingdomTM as a great opportunity to innovate as well as use digital as a platform to entertain and educate kids. ‘Joey’ will be the first of many educational children’s series for ClickStream.”

As Twitter enters the second half of 2021, Jack Dorsey, CEO commented, “We are shipping more, gaining knowledge faster, and hiring extraordinary staff.” We reached 206 million average monetizable DAUs (mDAUs) in Q2, up a staggering 11% year over year and 3% quarter over quarter. There’s an enormous opportunity to get Twitter used by the world.”

However, a key obstacle to the growth of the digital content creation market is the availability of open-source software. In addition, increasing digitalization, the availability of high-speed internet connectivity, and the burgeoning popularity of social media marketing are expected to drive the market of digital content creation.

Today, several companies are active in the markets, including ClickStream Corporation (OTC: CLIS), Twitter, Inc. (NYSE: TWTR), Snap Inc. (NYSE: SNAP), Nexstar Media Group, Inc. (NASDAQ: NXST), and Comscore, Inc. (NASDAQ: SCOR).

Global demand for social media content creator is surging; social media content creator market to grow at a CAGR of 12.2% through 2032. Trading app’s will be driven by:

  • The digital skills of children who participate in more online activities tend to be better than those engaged in fewer online activities. Future trends & opportunities are driving the digital content creation market.
  • By encouraging their children to do exciting things online that will enhance learning and personal development, parents can facilitate rather than hinder their use of the internet.
  • Comscore, a worldwide media information company that helps organizations plan, transact, and evaluate media across platforms, announced last week that it had developed a personification technology for its video products.
  • Based on Comscore’s household-level information, we’re able to continue and expand reporting on person-level behavior with this new methodology aligned with our long-term strategy of leveraging data at scale.

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In partnership with ClickStream Corporation, an app company focused on developing disruptive apps and digital platforms for traditional industries, ClickStream announced today the production of and launch date for their initial 20-episode series, ‘Joey’s Animal KingdomTM, a show that takes kids all over our planet to see incredible animals and creatures. The WOWEEAPP.COM app includes more than just the ability to watch video and learn about animals; it also features live quizzes and games, as well as kid profiles and virtual reality games.

The demand for digital content creation tools is expected to increase significantly during the forecast period due to the arrival of virtual reality and artificial intelligence.

Key Segments

By Social Media Platform Type:

  • Social Networks
  • Media Sharing Networks
  • Discussion Forums
  • Others

By Digital Content Creator Type:

  • Blogger
  • Digital Writers
  • Freelancer
  • Others

By End Use:

  • Marketing
  • Public Relations
  • Business
  • Journalism
  • Literature
  • Media & Entertainment
  • Others

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By Region:

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

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Authentication Solution Market is Increase at a Noteworthy CAGR of Around 14.4% from 2022 – 2032

According to Future Market Insights (FMI), the demand in the authentication solution market will increase at a noteworthy CAGR of around 14.4% from 2022 – 2032. Demand in the market is projected to reach a valuation of US$ 14.7 Bn by 2022 and US$ 56.3 Bn in 2032.

As per Future Market Insights, the increase in need for protecting access management and prevent organizations networks from sophisticated cyber-attacks will drive the growth of the authentication solution market in the forecast period.

An authentication solution is a security measure that improves data and system security. It protects against data loss and security breaches. This solution identifies and allows the user to enter or access the system with the help of user ID and password.

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This also depends on the type of authentication solution implemented in the system like single factor authentication solution or multi-factor authentication solution. It offers layers of security for preventing data and network from cyber-attackers.

Key Takeaways: Authentication Solution Market

  • By authentication type, the single factor authentication solution market is growing dominantly with a CAGR of around 12.9% between 2022 & 2032.
  • By enterprise size, demand for authentication solution from small & mid-sized enterprises (SMEs) is estimated to be growing at a higher rate than large enterprises.
  • By industry, BFSI industry is will hold the highest market share by 2032. However, the healthcare industry is projected to showcase a significant growth of around 18.1% between 2022 & 2032.
  • By region, North America authentication solution market in 2021 was holding the highest market share of around 32.2%
  • South Asia & Pacific region is estimated to grow at a CAGR of around 18.1% in the forecast period.

Increasing number of sophisticated cyber-attacks across industries and data breaches will create conducive environment for authentication solutions market players. This service downtime and data breach severely affects the customer base and network security of these enterprises. To avoid downtime and data breach and to prevent the enterprise network from cyber-attacks, companies are implementing the authentication solution says FMI analyst.

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Global Authentication Solution Market Outlook by Category

By Authentication Type:

  • Single Factor Authentication
  • Multi Factor Authentication

By Enterprise Size:

  • Large Enterprises
  • Small and Mid-Sized Enterprises (SMEs)

By Industry:

  • IT & Telecom
  • BFSI
  • Healthcare
  • Manufacturing
  • Retail
  • Government
  • Others

By Region:

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

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AI in Media & Entertainment Market is Projected to Procure US$ 132.16 Billion by 2032 | Report by FMI

The global AI in media & entertainment market is estimated at USD 10.4 Billion in 2021 and is projected to procure USD 13.6 Billion by 2022. The market is anticipated to garner USD 132.16 Billion by 2032 while recording a CAGR of 26% during the forecast period from 2022 to 2032. Expansion of the market can be attributed to the increasing viewership of online content and increasing penetration of the internet across various developing countries.

Moreover, growing applications in the sales and marketing industry is another salient factor augmenting the industry. Along with this, the utility of AI in Media & Entertainment for personification and sports automatic productions is likely to offer significant opportunities for expansion in the industry in the forecast period.

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On the contrary, owing to the vast array of benefits and increasing trends, this industry brings along a few shortcomings as well which restrains the market growth. These aspects include the risk of customer privacy and a dearth of skilled professionals in the AI industry.  Moreover, the cost of maintenance and complicity of the process acts as the prominent growth restraining factors.

Key Takeaways from the Market Study

  • By solution, AI in media & entertainment services to capture 59.2% revenue in 2022
  • By application, sales & marketing segment to accumulate a revenue share of 21.7%
  • The North American market is expected to secure US$ 65 Billion while expanding at a CAGR of 24.2%
  • Asia Pacific to record a CAGR of 26.8% during the forecast period ranging from 2022-2032
  • Global AI in media & entertainment market worth to expand 10x from 2022 to 2032

Competitive Landscape 

Key players in the global AI in Media & Entertainment market include Amazon Web Services, Inc., EMG, Gearhouse South Africa Pty. Ltd., Gravity Media, GrayMeta, International Business Machines Corp., LMG, LLC, Matchroom Sport Ltd., Production Resource Group, L.L.C., Synthesia Ltd., TAIT, Valossa Labs Ltd., Veritone, Inc., Pixellot, PlaySight Interactive Ltd., AISportsWatch GmbH, Spiideo, Sport way AB, EVS Broadcast Equipment S.A., Hudl, Move.ai, AutomaticTV, among others. Some of the recent developments among the players are:

  • In May 2022, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced the general availability of Amazon Elastic Compute Cloud (Amazon EC2) C7g instances, the next generation of compute-optimized instances powered by AWS-designed Graviton3 processors.
  • In May 2022, Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced it has entered into a definitive agreement to acquire Gravity R&D, a leading personalization technology company founded in data science.

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More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of the global AI in the Media & Entertainment market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

Key Segments Covered in the AI in Media & Entertainment Industry Survey

AI in Media & Entertainment Market by Solution:

  • AI in Media & Entertainment Hardware/Equipment
  • AI in Media & Entertainment AI in Media & Entertainment Services

AI in Media & Entertainment Market by Application:

  • AI in Media & Entertainment in Fake Story Detection
  • AI in Media & Entertainment in Plagiarism Detection
  • AI in Media & Entertainment in Personalization
  • AI in Media & Entertainment in Production Planning & Management
  • AI in Media & Entertainment in Sales & Marketing
  • AI in Media & Entertainment in Talent Identification
  • AI in Media & Entertainment in Content Capture
  • AI in Media & Entertainment in Sports Automatic Productions

AI in Media & Entertainment Market by Region:

  • North America AI in Media & Entertainment Market
  • Latin America AI in Media & Entertainment Market
  • Europe AI in Media & Entertainment Market
  • Asia Pacific AI in Media & Entertainment Market
  • Middle East & Africa AI in Media & Entertainment Market

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Social Media Content Creation Market to Achieve a High CAGR Of 14.5% During Forecast Period 2022-2032

According to a recent study, Social Media Content Creation Market reached a valuation of US$ 5.7 Bn in 2022 and is expected to reach US$ 19.64 Bn in 2032, at a 14.5% CAGR from 2022 to 2032. As marketing professionals seek to reach a bigger consumer base, there is a growing demand for content development tools across many business sectors. A rapid rise in the adoption of social media content creation tools is expected owing to:

  • increased IT expenditure
  • AI usage
  • cloud computing implementation
  • decreased data storage costs
  • rise of e-commerce business platforms.

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Marketing and sales tactics are increasingly heavily reliant on social media content creation software tools and service platforms. And, in almost every industry, digital marketing is becoming a critical—if not essential—part of any marketing department.

Digital content development for social media platforms like Twitter, Facebook, and YouTube is exploding, propelling the social media content creation market forward. HubSpot, Moovly Media, Shopify, Zoom Video Communications, and Atlassian Corporation are all active IT businesses in the field, and they all control the social media content creation market share.

Manufacturers and software developers are offering new prospects as a result of technology developments and product innovations that merge hardware and software to generate social media content. Not only are the market’s major players stepping up their game, but start-ups and newcomers are carving out a position for themselves in an increasingly global social media content creation marketplace.

SME growth is accelerating in high-growing areas such as Asia-Pacific (APAC) and the Middle East, contributing considerably to the expanding social media content creation market. In this demographic, social media creation and management solutions are perfect since they allow marketers to communicate directly with their audiences across several social media platforms at a cheap cost.

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The social media content creation market is segmented into content type, enterprise size, end-user industries and region. The YouTube content creation segment of the social media content creation market is expected to lead the market with a share of 40.3% in the global industry. The large enterprises segmented is also driving the social media content creation market forward with a share of 73.2%. The share of SMEs in the social media content creation market is less but it is picking up at a rapid pace owing to the changing market outlook and global scenario.

US Social Media Content Creation Demand to Grow Nearly 11.9% Annually Through 2032

The demand for social media content creation in USA is projected to have a share of 72.4% in 2022 and is expected to lead the social media content creation market at a high pace.

APAC region is anticipated to lead the social media content creation market throughout the forecast period owing to growing customer base and changing consumer preferences. Growth in the APAC region could be attributed to the following factors:

  • The Indian social media content creation market is projected to have a share of 39.8% in the global market and is also expected to grow at a high rate of 14.2% throughout the forecast period.
  • The Chinese social media content creation market is growing at a CAGR of 15.9% from 2022 to 2032.
  • The demand for social media content creation in Japan is expected to grow at a rate of 12.2% throughout the forecast period and it is also holding a market share of 32.9% globally.
  • The China social media content creation market is holding the highest share of the market in the APAC region of 47.1%.

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The report provides a thorough analysis of the social media content creation market. In-depth qualitative research, verifiable data from reliable sources, and market size predictions are all included in the report. The estimates are based on well-established research methodology.

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Key segments

By Content Type:

  • Instagram Content Creation
  • Facebook Content Creation
  • Tiktok Content Creation
  • YouTube Content Creation
  • Others

By Enterprise Size:

  • Small & Medium Sized Enterprise
  • Large Enterprise

By End Use:

  • Travel & Hospitality
  • Retail
  • Education
  • Healthcare
  • Media & Entertainment
  • Telecom & IT
  • Others

By Region:

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

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Clinical Trials Market will reach at a CAGR of 4% by 2029 | FMI

A new study of Future Market Insights (FMI) on Global Clinical Trials Market anticipated to expand at a compound annual growth rate (CAGR) of 4% through 2029. The healthcare sector is closing in on a new era of clinical trials, which are more engaged with patients, streamlined and connected. With development costs reaching record highs and patents approaching cliffs, companies are strengthening their R&D efforts to keep pace with change.

Medical device and pharma giants are already eyeing better approaches for clinical trials, implementing a combination of their current systems and better technologies to ebb challenges in critical areas – orphan drugs and rare diseases.

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The ubiquity digital technologies is evidently growing, as these (including but not limited to ingestible devices, sensors, and wearable health monitors) hold the potential to disrupt the aspects of clinical trials. Digital technologies are revolutionizing the antiquated process of new drug development, even as optimizing the way health data is collected, measured, and assessed.

According to the study, the clinical trials landscape is witnessing a paradigm shift toward patient centricity, in a bid to incorporate perspective of patients during the clinical trial design. Clinical trial sponsors have aligned their methods with the voice of patients, by launching communication channels during the study’s execution. Key enterprises are adopting unconventional approaches by implementing site-centric method, using operational support systems and technology for bringing studies to the trial-naïve physicians.

Industry Sponsors Account for Majority Clinical Trial Spending

The most remarkable advances in medicine are realized from sponsorships of companies for clinical trials, in the anticipation of turning a profit. A notable percentage of clinical trials being conducted to support approval of vaccines, devices, or drugs, and track their safety, have been industry-sponsored in recent years.

The study estimates industry-sponsored clinical trials to account for ~60% of overall spending in 2019, and in the foreseeable future. Recent studies state that industry-sponsored trials yield positive results compared to academic-run trials, which also account for a significant share of clinical trial spending.

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Preview analysis of Clinical Trials Market is segmented by (Area – Oncology, Infectious Disease, Metabolic Disorders, Cardiovascular, Neuroscience, Respiratory & Others; Phase – Phase 0,Phase I,Phase II, Phase III & Phase IV; Sponsor – Industry-sponsored, Government / Public, Non-governmental Organizations & Others (Academic Medical Centers, Individuals, etc.);) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2029

According to FMI, sponsors, such as academic institutes, research institutes and medical centers, are estimated to account for ~30% clinical trial spending in 2019. As the imperativeness of evidence-based therapies continue to be progressively emphasized, most of the randomized clinical trials are driven by the ability of developing profitable new therapies. Guidelines recommended by regulatory bodies for clinical trial enrichment, and risk-based monitoring are likely to lay the groundwork for more targeted approach toward cost-intensive clinical trials.

The study opines that North America and Europe will continue to lead the clinical trials landscape, collectively accounting for ~80% of global spending. These regions present a standardized and favorable environment for the clinical trials landscape, in light of their economic vigor that enables them to benefit from most of the technology disruptions prior to other nations. Pharmaceutical and medical device giants in these two regions are adopting AI for disrupting every stage of the clinical trial, which range from linking studies to eligible patients, to data collection and adherence.

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According to the study, opportunities abound for conducting clinical trials in developing economies, such as in East Asia and South Asia, owing to the access to huge patient pool. Sponsors are likely to realize greater success in these regions as low government healthcare budgets represent cost-effective methods of providing patients with access to innovative therapies. Additionally, conducting clinical trials in these regions comes with other broader advantages, including pragmatic & efficient regulatory pathway, and tax incentives for conducting the trials.

The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029.

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Hangers Market – Key Players & Growth Strategies Adopted by Them

Global Hangers Market forecasted to register 8.0% CAGR during the forecast period (2022-2032) and is projected to reach US$ 1,043.6 Million by 2032.

Hangers are an essential domestic commodity that have permeated into almost every section of society, leading to a robust and growing global hangers market.

Hangers are essentially designed after human shoulders and meant to keep clothes such that the onset of creases is prevented; they also allow for easy access. There are various types of hangers available in the market such as regular clothes hangers, clip hangers with single or multiple clamps, foldable hangers and stacking hangers.

They may come in various sizes to accommodate children’s clothing, and may also be designed specifically for skirts and trousers. Often, designer wall hooks are also classified as hangers.

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Hangers, also called clothes hangers of coat hangers, can be made out of various materials such as plastic, steel (sometimes referred to as wire hangers) and wood; they are often made with a combination of these materials.

Certain hangers also have a padding of other materials like satin, nylon, wool, velvet or cotton to give it a more luxurious feel.Hangers are mainly used in homes, classified under the residential or domestic segment.

They are also used commercially by the retail sector in clothes shops and by the hospitality sector in hotels, hostels and dormitories. As a result, though a widely-acknowledged basic necessity, the hangers market too is susceptible to the impact of Covid-19.

Drivers and Trends in the Hangers Market

While hangers have been an integral part of the domestic setting for decades, the booming retail and hospitality sector in the past few years had led to substantial growth in the hangers market even as demand from the residential segment showed a marginal increase.

Growth in the commercial segment of the hangers market has also led to a growth in sales of high-end hangers with a greater focus on style and design; this growth has mainly been on account of uptake in the retail sector.

A recent trend observed in the hangers market has been a preference for wooden hangers and a corresponding downslide in the demand for plastic hangers. This can be attributed to increased awareness to the environmental hazards of non-degradable plastic. Metal or wire hangers however remain a key segment due to their longevity.

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Intelligence hangers have been a recent market innovation that have taken the hangers market by storm. Intelligence hangers are electric products that afford benefits such as rain-proofing and clothes drying assistance. However, the market for intelligence hangers has gained limited traction and is mainly centred around East Asia.

A boost in online sales has also characterised the hangers market’s dynamics as younger and tech-savvy consumers have shown a preference for the platform. This has caused a corresponding decline in sales through traditional wholesalers and retailers.

Impact of Covid-19

The impact of the economic slowdown caused due to the Covid-19 pandemic will be strongly felt by the hospitality sector, which has traditionally been the second largest commercial segment of the hangers market after the retail sector. The retail sector may also be hit due to a reduction in average incomes, further hampering the commercial segment.

The growth rate of the market may thus reduce given that the commercial segment was the fastest growing hangers market segment. Continued sales in the residential segment is likely to help manufacturers weather the storm due to hangers being a basic necessity; global purchasing trends may however reflect certain changes.

Plastic hangers may see a resurgence in the market as consumers revert to them owing to their affordability given the expected decline in disposable incomes globally. This may also negatively impact the wooden hangers segment, but is unlikely to affect the metal segment.

Simultaneously, innovations such as intelligence hangers may take a back-seat in the face of reduced consumer demand and cost sensitivity. Companies may thus increase their focus towards conventional and more basic types of hangers.

Region-Wise Analysis

The Asia-Pacific has been the largest regional segment in the hangers market in recent years, besides also being the fastest growing segment. The North America and European markets have been the other large segments. Other markets such as those in Africa, Latin America and the Middle East have also enjoyed a substantial market share.

Competition Landscape

The hangers market is heavily fragmented due to various small players operating locally. This has posed limitations to the expansion plans of major players. Competitive pricing is another major determinant in this landscape. Some major players in the market include

  • M & B Hangers
  • Guilin Iango Home Collection
  • Whitmor
  • MAWA and Mainetti.

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Report Highlights

  • The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
  • The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
  • The report also maps the qualitative impact of various market factors on market segments and geographies.

Hangers Market

Regions and Countries Analyzed in the Report

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)

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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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Future Market Insights Inc.
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T: +1-845-579-5705
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Fast-Food Reusable Market – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

The global fast-food reusable market size is projected to grow from US$ 17.1 Bn in 2022 to US$ 33.1 Bn by 2032, with sales growing at a CAGR of 9.3% between 2022 and 2032.

One of the main factors boosting demand for fast-food reusables in the global market is the rising use of reusable packaging solutions by top fast-food brands to minimise plastic pollution. The well-known food chain firms are increasingly implementing novel packaging techniques.

The main goal of the brands is to keep the food’s quality high while serving it to their customers hot and fresh. This enables businesses to reach a larger market and attract more potential customers. As part of promotional efforts, numerous manufacturers form partnerships with leading brands to market reusable items.

Businesses that use reusable items frequently contribute to environmental sustainability by using less single-use items like plastic pockets and paper cups. Key players’ initiative has inspired a number of other companies and businesses.

Many companies, including Burger King, have begun offering their items in their locations on reusable plates and containers. They will be able to utilise less single-use plastic packaging as a result of this.

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Key Takeaways from the Fast-Food Reusable Market Study

  • By product outlook, boxes and containers segment is expected to hold a share of more than 40% in the global market during the forecast period.
  • By end-use industry, the fast-food chains and fast-food centers collectively account for ~32% of total fast-food reusable market share worldwide.
  • Due to rise in street food vendors and variety of cuisines in Asia, the region is expected to generate high demand for fast-food reusable.
  • Demand for fast-food reusables is likely to grow at a robust pace across India over the next ten years.
  • With rising demand for fast foods, the U.S. fast-food reusable market is poised tom grow at a prolific CAGR during the forecast period.
  • The fast-food reusable market in Japan is anticipated to grow at a healthy pace amid rapid shift towards sustainable packaging for minimizing plastic pollution.

“The manufactures are putting efforts for expansion of their product line to cater to all types of customer requirements. They are also focusing on new ways of marketing to create presence in the international market.” Says an FMI analyst.

Who is winning?

Leading manufacturers of fast-food reusable are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of fast-food reusable market globally.

Major players present in the fast-food reusable market Amcor Pty Ltd., Sealed Air Corporation, BASF, Evergreen Packaging, Rehrig Pacific Company, Swedbrand Groups, IPL Plastics, Vetropack Holdings, Schutz Gmbh & Co., Tetra Pak, Ds Smith, WestRock Co., Graham Packaging, and Plastipak Holdings Incorporation among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global fast-food reusable market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the fast-food reusable market based on the fast-food reusable market by material type (glass, metal, plastic, and wood), application (vegetables, fruits, eggs & meat, juices, and others), product outlook (bottle & jars, cans, cups, and boxes & containers), size (small, medium, and big), end use industry (hotels, fast-food centres, food chains, bakery, and others) across seven major regions.

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

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Global Fast-Food Reusable Market by Category

By Material Type:

  • Glass
  • Metal
  • Plastic
  • Wood

By Application:

  • Vegetables
  • Fruits
  • Eggs & Meat
  • Juices
  • Others

By Product Outlook:

  • Bottle & Jars
  • Cans
  • Cups
  • Boxes & Containers

By Size:

  • Small
  • Medium
  • Big

By End-Use Industry:

  • Hotels
  • Fast-Food Centres
  • Food Chains
  • Bakery
  • Others

About Future Market Insights, Inc.

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

Contact Us:

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

Smoking Accessories Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The global smoking accessories market is anticipated to garner US$ 101 Billion while expanding at a CAGR of 4.2% during the forecast period. The market is estimated at US$ 64.3 Billion in 2021 and US$ 67 Billion in 2022.

Consumers’ rising acceptance of organic makeup is anticipated to significantly contribute to the market’s growth throughout the forecast period.

Due to customers’ rising disposable income, there is a rising demand for smoking accessories products. Due to rising usage among the young population, the lighter category, which holds a nearly 42% market share, dominates the smoking accessories industry.

The market is expanding as a result of the rising smoking culture among young people and the rising number of smoking bars and cafés in different locations. During the forecast period, the market development is anticipated to be further fueled by the rising demand for smoking accessories in emerging nations. Additionally, the widespread accessibility of smoking accessories is boosting the market.

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Key Takeaways from the Market Study:

  • Vaporizers to account for over 30% market revenue in the smoking accessories domain
  • Sales of smoking filter and paper tips to rise at a value CAGR of 4.3% from 2022 to 2032
  • Based on distribution channel, online sales of smoking accessories is estimated to record a 4% CAGR
  • Asia Pacific is likely to account for the majority share of nearly 43% as of 2022
  • North America is estimated to gain significant traction in the market, accumulating 38% revenue

“An exponential growth in the number of smokers and the upward trend of smoking as a style statement especially among the young population has bolstered the demand for smoking accessories,” says a FMI analyst.

Competitive Landscape

Key players in the global Smoking Accessories market include Bull Brand, BBK Tobacco & Foods, LLP, Chongz, British American Tobacco PLC, Curved Papers, Inc., Univac Furncrafts Pvt. Ltd., Imperial Brands, Republic Technologies International, Jinlin (HK) Smoking Accessories Co., Ltd, Moondust Paper Pvt. Ltd., among others. Recent key developments among players are:

  • In August 2021, Philip Morris-a U.S based company acquired inhaled drug pharma firm OtiTopic as s part of its Beyond Nicotine Initiative. Phillip Morris International has been known around the world mostly for its cigarette products, with brands such as global best-seller Marlboro under its umbrella.
  • In June 2022, Hempacco (HPCO), a maker of hemp-based cigarettes, has disclosed terms for a proposed $14M initial public offering. The company announced the plans on offering 3M shares priced between $4 and $6 per share, which would raise $14M if priced at the midpoint.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Smoking Accessories market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Type (Waterpipes Smoking Accessories, Vaporizers Smoking Accessories, Rolling Paper & Cigarette Tubes, Lighters, Filter & Paper Tip Smoking Accessories, Others) by Distribution Channel (Online Sale, Offline Sale) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

Key Segments Covered in the Smoking Accessories Industry Analysis

Smoking Accessories Market by Type:

  • Smoking Waterpipes
  • Smoking Vaporizers
  • Rolling Paper & Cigarette Tubes
  • Lighters
  • Smoking Filter & Paper Tips
  • Other Smoking Accessories Types

Smoking Accessories Market by Distribution Channel:

  • Online Sale of Smoking Accessories
  • Offline Sale of Smoking Accessories

About Future Market Insights, Inc.

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

Contact Us:

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

Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters Market – Future Market Insights, Inc

The global solar inverter market is set to reach a valuation of US$ 11 Bn in 2022. Sales in the market are forecast to increase at a 6% CAGR over the forecast period. Increasing usage of solar panels and renewable energy will augment the growth in the market. Hig adoption of solar inverters in the residential, commercial, industrial and utilities will continue driving sales in the market.

Over the past years, manufacturers are expanding their product lines with new technological advancements in inverter technologies. As solar energy utilisation in photovoltaic systems is mostly dependent on the inverter, solar inverters are potentially beneficial for lowering global warming and greenhouse impact.

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Micro inverters are gaining popularity due to heavy usage in most applications. Microinverters work in the same way as string inverters, except they are put beneath each solar panel on your roof. Each of these microinverters is roughly the size of a router. New electrical rules demand quick solar system shutdown to protect first responders and firemen from excessive voltage when on roofs or maintaining power lines. Microinverters meet these requirements for quick shutdown and have this capability built into each module.

“Increasing awareness regarding energy-efficient household equipment, along with stringent regulations pertaining to carbon emissions and energy consumption will drive sales of solar inverters,” says an FMI analyst.

Key Takeaways:

  • Based on product type, demand in the central inverters segment will create an absolute dollar opportunity of more than US$ 6.4 Bn over the forecast period.
  • By end-use, the residential segment is forecast to create an absolute dollar opportunity of US$ 4.1 Bn over the assessment period.
  • Total sales in the U.S. market are expected to increase at a 5.2% CAGR through 2032.
  • Japan will emerge as a lucrative pocket, with demand growing at a 6% CAGR over the forecast period.
  • The India solar inverter market will expand at a 7% CAGR through 2032, surpassing a valuation of US$ 827.2 Mn.

Competitive Landscape

The solar inverter market is consolidated with leading players holding around 80%-85% of the total market share. These players are likely to invest in new technology development and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include Siemens AG, Fimer Group, SMA Solar Technologies, Eaton, ABB Ltd, Schneider Electric, and others.

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Driving the U.S. Solar Inverter Market

“Increasing Awareness Regarding Renewable Energy in the U.S. Will Drive Sales of Solar Inverters”

In 2022, the solar inverter market in the U.S. is predicted to expand at a  5.2% CAGR. The development of new and innovative products by manufacturers operating in the U.S. will augment the growth in the market. According to the study, total sales in the U.S. market will reach US$ 2.7 Bn by the end of 2032.

Japan Solar Inverter Market Faring

“Growing Demand for Solar Inverters in Japan Will Fuel Growth”

Japan is predicted to account for a dominant share in the East Asia solar inverters market, with sales projected to increase at a 6.0% CAGR. The presence of some of the world’s largest manufacturers along with the implementation of stringent regulations regarding energy consumption in the country will boost sales in the forthcoming years. The Japan market will surpass a valuation of  US$ 786 Mn by 2032.  

Demand for the Solar Inverters is Rising in India

“Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters”

As per FMI, sales in the Indian market are anticipated to rise at a 7% CAGR over the forecast period. High demand for energy-efficient inverters in India is expected to augment the growth in the market in the forthcoming years. By the end of 2032, total demand in India will exceed a valuation of US$ 827.6 Mn.

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Global Solar Invertor Market by Category

By Type:

  • Central Invertor
  • Micro-Invertor
  • String Invertor

By System Type:

  • Off Grid
  • On Grid

By Phase:

  • Single Phase
  • Three Phase

By End-Use:

  • Residential
  • Commercial and Industrial
  • Utilities

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • The Middle East and Africa

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Explore Our Trending Reports of FMI’s Industrial Automation Market Insights Landscape

Lead Acid Battery Market Size –  North America is anticipated to be the largest market for lead acid due to the matured and developed automobile sector in the region. The presence of leading automobile companies, such as Toyota, Ford motor company, General Motors,

Solar Microinverter Market Size – Global demand for solar microinverter is expected to at a CAGR of 18.1% from 2022 to 2032, reaching a valuation of US$ 5,716.0 Mn by 2032

Biocomposites Market Size – According to Future Market Insights, the global demand for biocomposites is projected to increase at a prolific CAGR of 16% during the forecast period between 2022 and 2032.

Industrial Safety Footwear Market Size – The increasing rate of ergonomically designed safety shoes is one of the latest protective shoe market trends. Ergonomically designed footwear has a more significant influence on body weight and movement, which if not implemented can lead to several health issues accompanied by comfort and fitness issues.

Powered Lawn Mowers Market Size – During the forecast period, a rapid growth rate in the market for powered lawn mowers in North America is anticipated with a market share of 34.0% in 2022.

About Future Market Insights (FMI)

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

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US Automated Parcel Delivery Terminals Market Is Expected To Account For 19% Of The Total Revenue Share – Future Market Insights, Inc

According to industry estimates, the  will reach  and is expected to reach while recording a  during the forecast period from 2022 to 2032. global market for automated parcel delivery terminals US$ 720 Million by 2022 US$ 2 Billion by 2032CAGR of 10.9%

With a growing demand for more deliveries and increasing pressure for shorter response times, there is a growing need for shorter transportation times in the automated parcel delivery terminals in the market. Increasing demand for online medicine delivery apps as well as same-day delivery systems has resulted in significant growth in the market for automated parcel delivery terminals.

Market participants are experiencing new methods of parcel delivery with the growing adoption of innovative distribution channels. E-commerce companies, retailers, and manufacturers are working together in order to meet consumer demands in real-time while minimizing operational costs. To provide customers with individualized service, companies are integrating technological advances such as proactive maintenance, facial recognition, remote monitoring, and IoT-based services. All these factors are stimulating market growth for automated parcel delivery terminals in the market.

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List of Key Players Covered in Automated Parcel Delivery Terminals are:

  • Keba AG
  • Cleveron Ltd.
  • Neopost group
  • Smartbox Ecommerce Solutions Pvt.Ltd.
  • Winsen Industry Co., Ltd.
  • InPost
  • TZ Ltd.
  • ByBox Holdings Ltd.
  • ENGY Company
  • Bell and Howell, LLC

DPD in October 2021, gears up for a record peak with a new 150 million euro super hub in Hinckley, Leicestershire is set to be fully operational as part of plans for a record-breaking Peak. There are five hubs in the UK that are operated by DPD and this is one of their greatest fully automated hubs in domestic parcels in Europe. The new facility is the company’s most environmentally friendly and technologically advanced facility to date.

In February 2022, Korber, an international technology group signed an agreement to acquire Siemens Logistics’ international mail and parcel business. The company stated that Körber’s acquisition significantly bolsters its supply chain offering. The acquisition is expected to close in the current calendar year at a price of approximately 1.15 billion Euros.

“Innovative APMs are being rapidly expanded as part of the long-term goal by vendors in order to establish a nationwide network of APMs and parcel pick-up sites at partner shops in the future, which will help to expand the market.”

Key Takeaways:

  • The market value of automated parcel delivery terminals was US$ 639.9 Mn in 2021 and is projected to reach a value of US$ 720 Million in 2022 with a CAGR of 10.9% during the forecast period.
  • Indoor Terminal automated parcel delivery terminals segment to expand at a CAGR of 10.5% during the forecast period.
  • In the forecast period, the shipping and logistics firm is expected to grow at a compound annual rate of 11.3%.
  • In the U.S., the market is predicted to reach US$ 142.3 Million while growing at a CAGR of 19% during the forecast period.
  • Japan is expected to reach a CAGR of 17.5% during the forecast period between 2022 and 2032.

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Regional Insights

By 2032, the US automated parcel delivery terminals market is expected to account for 19% of the total revenue share, led by the rapid progress of logistic and technological advancement in these businesses, which will lead to the growth of the market.

APAC is projected to dominate the automated parcel delivery terminals market during the forecast period. With the rise in online business activity in countries like India and China and ongoing investments in the logistics industry, the industry is seeing opportunities for growth in the market.

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

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