Fish Vaccines Market Poised to Register 6.5% CAGR through 2032 | FMI

The market for fish vaccines is projected to grow at a 6.5% CAGR during the forecast period, reaching a market share of US$ 0.4 billion in 2032.

Future Market Insights, in its latest business report, elaborates on the current situation of the global Fish Vaccines market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Fish Vaccines market players – Lumic A/S, Syndel USA, PHARMAQ, CZ Vaccines, Marrinovak Ltd, MSD Animal Health, among others represent the global Fish Vaccines market. The market study depicts an extensive analysis of all the players running in the Fish Vaccines market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation.

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Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Fish Vaccines market report.

On the basis of Vaccine Types, the global Fish Vaccines market study contains:

  • Killed fish vaccines
  • Inactivated fish vaccines
  • Attenuated fish vaccines
  • Toxoid fish vaccines
  • Subunit fish vaccines
  • Conjugate fish vaccines

On the basis of Distribution Channel, the global Fish Vaccines market report covers the key segments, such as

  • Veterinary Pharmacies
  • Veterinary Clinics
  • Others

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What key insights does the Fish Vaccines market research provide?

  • Historical and current year revenue of related Fish Vaccines market players analyzed at the regional level.
  • One by one company profile of prominent stakeholders.
  • Analysis of the Fish Vaccines market size on the basis of product type and end-use type.
  • Accurate Fish Vaccines market forecast in terms of value and volume in numbers and percentages.
  • Demand prospect of each segment covered in the report.

The Fish Vaccines market research gets rid of the following queries:

  1. How the market for Fish Vaccines is expected to shape in the coming ten years?
  2. What strategies are the Fish Vaccines market vendors implementing to stay ahead of their rivals?
  3. Why are consumers shifting towards alternative Fish Vaccines products?
  4. What innovative technologies are the Fish Vaccines players using to get an edge over their rivals?
  5. What are the restraints affecting the growth of the global Fish Vaccines market?

The Fish Vaccines market study considers the following years to project the overall market growth:

  • History Year: 2014 – 2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year: 2019 – 2029

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Why choose Future Market Insights?

  • Modern technologies, such as artificial intelligence, to provide updated industry trends.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective.
  • Interaction with research scientists and development heads to understand the nature of the market more precisely.
  • Three-step quality check process – Data collection, triangulation, and validation.
  • 24/7 availability of services.

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Magnesium Oxide Industry is Expected to Generate Huge Profits by 2031

The magnesium oxide industry is regaining momentum as the key application sectors recover from the shockwaves caused by the COVID-19 pandemic earlier in 2020. While demand for dead burned magnesia and caustic calcined magnesia fueled sales over the last decade, demand in industrial, refractories, and other sectors is propelling the magnesium oxide industry forward.

The most recent revised edition of Future Market Insights’ (FMI) report on the magnesium oxide market study provides an in-depth analysis of global industry trends, growth and restraining factors, and demand-supply trajectories from 2021 to 2031. As per the report, the industrial sector will majorly account for the industry growth while North America, Europe, Latin America, and Asia Pacific will remain the leading region.

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Key Takeaways from Market Study

  • The global magnesium oxide industry is expected to ascend at over 5% CAGR through 2031
  • High demand for dead burned magnesia (DBM) to augment the industry growth
  • Rise in application in industrial sector to propel the demand growth
  • The United States to remain in the leading position in North America magnesium oxide industry
  • Germany to maintain its lead in Europe magnesium oxide industry
  • Asia Pacific to register the fastest growth throughout the forecast period
  • China, Japan, the United Kingdom, India, Canada, and a few other countries to have positive industry outlook

“The growing demand in refractory application, especially in iron and steel industry is set to bolster the growth of magnesium oxide suppliers. Additionally, DBM grade magnesium oxide is expected to contribute over 50% of the revenue generated in the refractory industries,” says an FMI analyst.

How is the Demand from Industrial Sectors Boosting the Sales of Magnesium Oxide?

Magnesium oxide has extensive application across diverse industrial sectors such as-

  • Soil remediation
  • Wastewater treatment
  • Emissions treatment
  • Drinking water treatment
  • To molten iron and steel to remove sulfur

And others. As a result the demand from these sectors are aiding in the growth of magnesium oxide providers.

According to a report titled “Performance of the Agriculture Sector- Statistics Explained” published by the European Commission (EC), the European Union (EU)- 27’s agricultural industry created gross value added of EUR 176.4 Billion in 2019, while agriculture contributed 1.3% to the EU-27’s Gross Domestic Product (GDP) in 2019. This gives a glimpse of the high demand for magnesium oxide across various industrial sectors.

Who is Winning in This Space?

The players in the global magnesium oxide industry are experiencing strict competition. In order to maintain their leading positions through the cut-throat competition, they are launching cost-effective and broader range of products.

For instance,

  • Premier Magnesia LLC launched its new range of products such as EnviroBlend®, MAGOX®, Thioguard®, AQUAMAG®, and others during the last few years
  • Ube Industries Ltd. launched its new range of Magnesia Clinker, Magnesium Hydroxide Dry, and others a couple of years back

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More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the magnesium oxide market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (dead burned magnesia, caustic calcined magnesia, and fused magnesia), and application (industrial, refractories, agricultural, and others), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Specialty Silica Market- This is How Leading Companies Are Dominating the Global Market

According to Future Market Insights (FMI) in a new study, the consumption of specialty silica in the rubber industry is expected to be significantly high. Despite sluggish growth in 2020 during COVID-19, rubber will account for 60% of specialty silica application volume in 2021. The overall valuation of the specialty silica market is expected to reach US$ 6.37 billion in 2021.

Because of the increase in packaging, print, and specialty coatings consumption, specialty silica consumption has increased. In addition, demand from the inks and coatings industry will support growth in the coming years. Plastics, food & beverages, electrical & electronics components & insulation, personal care product additive, agricultural & feed, consumer products, and others are some of the notable end uses of specialty silica.

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Key Takeaways of Specialty Silica Market Study

  • The global specialty silica market is anticipated to expand at a CAGR of ~4.8% by during the forecast period of 2021-2031
  • The U.S. is expected to account for nearly 80% sales in the North America market
  • Growth in U.K. is expected to recover 2021 onwards. FMI projects it to exhibit 4.7% Y-o-Y growth in 2021, after going downhill in 2020
  • Growth trends are expected to remain favorable in Germany and France too
  • Within East Asia China will emerge as a key market, exhibiting high growth. CAGR exhibited by Japan and South Korea as well is expected to remain positive through the forecast period

 “Demand from rubber industry will continue to fuelling the demand for specialty silica. Though the significant drop in automotive industry output production rate during the last two consecutive fiscals have impacted the consumption of tires; however, the market growth is expected to gain traction in upcoming years. Additionally product innovation involved in specialty coatings will spur the demand of specialty silica.” says a FMI analyst.

Demand for specialty silica is expected to grow at moderate rate owing to its increasing consumption in rubber application. Personal care is anticipated to witness highest growth amongst all other applications. East Asia is projected to hold prominent share followed by Europe and North America. China and Japan are the major target locations for supply of Specialty Silica for manufacturers. Specialty Silica market is fairly consolidated with small number of tier-1 players accounting for the major share.

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Market Landscape to Remain Fairly Consolidated

Specialty silica market is understood to be fairly consolidated, with leading players included viz. Solvay SA, Huber Engineered Materials, Madhu Silica Pvt. Ltd, Evonik Industries AG and PPG Industries, Inc, Akzo Nobel NV, Cabot Corporation, Wacker Chemie AG, Nalco Holding Company, Qingdao Makall Group Inc and others account for the prominent share in the market. To gain competitive advantage in the market, market participants have been involving in production capacity expansions, merger, and acquisition activities with regards to consolidation of business footprint.

Specialty Silica Market by Category

By Product Type

  • Precipitated
  • Fumed
  • Fused
  • Silica Gel
  • Colloidal

By Application

  • Rubber
  • Plastic
  • Ink & Coatings
  • Electrical & Electronics
  • Agricultural & Feed
  • Food & Beverages
  • Personal Care
  • Others

By Region

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

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Want to Know More?

Future Market Insights, an ESOMAR-certified research and consulting firm has published a market research report on the Specialty Silica market that contains global industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides in depth analysis of the Specialty Silica Market through different segments, namely product type, application and region. The Specialty Silica Market report also provides supply and demand trends, along with an overview of the parent market.

About Future Market Insights (FMI)

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

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North America Holds The Largest Share Of The Duct Fans Market With Revenue Of 22% | Says FMI

The global duct fans market leads to an estimated CAGR of 5.3% in the global market, during the forecast period and registers revenue valued at US$ 4,585.4 Million in 2022, and is expected to cross US$ 7,683.3 Million by 2032. North America holds the largest share of the duct fans market with revenue of 22%. This is attributed to the higher industrial growth rate in this region, especially in the U.S.

To capture the lucrative U.S. market, manufacturers of industrial ventilation are channelizing their resources and export volumes. In addition, government policies and regulations, and developed production facilities are enabling an accelerated growth of the duct fans market share.

Due to rising concerns about air quality, such as low indoor air quality, an increasing number of industrial constructions require the use of duty fans. However, the price of oil continues to rise, which is expected to slow the growth of the duct fan market. Continuous technological innovation that improves the systems of these duct fans, on the other hand, is likely to create opportunities for the duct fans market share to grow.

The construction and building industries in the BRICS economies have grown significantly, increasing demand for duct fans. Furthermore, the growing number of smart home projects is a major factor driving the growth of the duct fans market trends.

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Construction sectors in developed regions are improving and renovating, necessitating the expulsion of harmful gases, bad odours, and other impurities. For example, around 5000 construction projects worth around US$ 800 billion are currently underway in Saudi Arabia, which is expected to increase demand for these fans.

Key Aspects making U.S. & Germany Dominating Markets for Duct Fans Market Players:

North America holds the largest share of the duct fans market with revenue of 22%. This is attributed to the higher industrial growth rate in this region, especially in the U.S.

To capture the lucrative U.S. market, manufacturers of industrial ventilation are channelizing their resources and export volumes. In addition, government policies and regulations, and developed production facilities are enabling an accelerated growth of the duct fans market share.

Due to rapid adoption and expanding infrastructure, Europe holds the second largest share of the duct fans market with revenue of 19%. Germany is likely to dominate the demand for duct fans in the European region.

The increase in industrial spending is estimated to increase the deployment of duct fans. Moreover, to cater to customized demand, Germany has increased its domestic capacity.

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KEY MARKET PLAYERS OF THE DUCT FANS MARKET:

Systemair AB, Acme Engineering & Manufacturing Corp., Air System Components Inc., Airmaster Fan Company Inc., Continental Blower LLC, CECO Environmental, Crompton Greaves Limited, DongKun Industrial Co. Ltd., Flakt Woods Group SA, Robinson Fans, Twin City Fan Companies, Greenheck Fan Corporation, Nortek Air Solutions, Johnson Controls, Loren Cook, FläktGroup, Soler & Palau, Polypipe Ventilation, Nanfang Ventilator, Continental Fan Manufacturing Inc., Ebara Corporation, Elta Fans, Ferrari Ventilatori Industriali S.p.A, Formula Air, etc.

Key Segments Profiled in the Duct Fans Market Survey

By Product Type:

  • Centrifugal Fans
  • Axial Fans
  • Cross-Flow Fans

By Shape:

  • Circular
  • Rectangular
  • Square

By End User:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Us:

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

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Digital Label Printing Market : Value Chain, Stakeholder Analysis and Trends by 2032

The global digital label printing market will grow at a significant CAGR throughout 2020-2030. Factors such as cost-effectiveness, less labor requirement, and reduced waste production are enabling broader adoption of digital label printing.

Such benefits of digital label printing are making them commonplace in various sectors such as food & beverages, cosmetics, and pharmaceuticals. Further, FMI finds that the quantity of the packaging printed with digital printing will be threefold in contrast to its actual volume throughout the projected period.

The onset of digital printing solutions for manufacturing of packaging materials is creating a highly lucrative market for packaging companies, printing service providers, and commercial printers. Eventually, success at the point of sale (PoS) is a multimillion-dollar business for brand owners and producers.

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Digital Label Printing Market – Developments and Trends

Digitalization is paving way for innovative customer-centric business framework. Creativity is essential to gather customers’ attention at PoS. Digital label printing is offering market players a substantially broad field of value-capture opportunities.  Studies find that the digital printing packaging market is slated to reach around US$ 30 Bn in the coming years.

Personalization is leading the pack in packaging trend in 2020. Manufacturers are developing customized digital labels to cater to increasingly targeted group of purchasers. Recent data reveal that about 7 out of 10 marketers believe personalization has a significant impact on their consumers. For instance, Frito-Lay prints faces on its potato chip packages, and Coca-Cola prints consumers’ names on their soft drink containers.

Digital Label Printing Market – Region-wise Analysis

North America and Europe continue to remain the epicenter of development prospects in the global digital label printing market, mainly owing to rapid growth in the labeling sector.  Both the regions are home to pioneers of digital technologies. Moreover, the pace of broader economic structure in these regions acutely relies on their digital ecosystem.

Asia Pacific (APAC) is anticipated to account for high-value share in the global digital label printing market. Recent studies reveal that Asia will continue to maintain its supremacy in the labeling market, and is expected to capture around 45% of the worldwide revenue in the coming years.  As such, market players are rapidly shifting their manufacturing units to APAC to remain well-placed for better returns.

Digital Label Printing Market – Growth Restraints

Digital label printing requires additional expenses to install particular equipment for production. Moreover, companies that have been immune to the digital trend are required to invest in up-skilling their workforce to deal with the complexities associated with digital label printing processes. As such, small- and medium-scale enterprises are keeping away from going digital.

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COVID-19 Impact Analysis on Market Growth

With nation-wide lockdowns amid the COVID-19 pandemic, digital label printing manufacturers are witnessing huge demand for labels for hand sanitizers, face masks, as well as boxes for curbside delivery. Digital label printing is playing a crucial role, especially in the food & beverage industry.

The pandemic is compelling end users to rapidly move towards automation, and digital label printing is poised to get a boost in the bucket list of these end users. As there is acute labor shortage due to travel restrictions, digital label printing will complement the existing label printing technology well amid the tough times.

Digital Label Printing Market – Competitive Analysis

Market players are boosting their market presence by offering new products forming mergers & acquisitions (M&A).

  • Western Shield Label Company has acquired Label Print Technologies (LPT). The acquisition is offering a scope for complementary digital label and flexographic printing techniques and is help the company boost its presence in the Midwest and Ohio.
  • Argraf, a prominent manufacturer of high-end wine and food labels, is broadening its product portfolio by acquiring a Xeikon CX3 digital press, planned particularly for the manufacturing of labels.
  • Label Traxx has collaborated with HP PrintOS Print Beat Jobs API that is enabling users of HP Indigo digital press to link Label Traxx with HPs PrintOS in order to gather information received by the press such as production time, media, and ink usage obtained by the HP Indigo press.

Digital Label Printing Market – Segment Analysis

The global market is segmented as the following:

By System Type

  • Toner system
  • Inkjet System
  • Others

By End Use

  • Converting Companies
  • Consumers
  • Packaging Companies

About Us

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

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Transformer Monitoring System Market To Reach A Valuation Of US$ 6,539.2 Mn By The End Of 2032

The global transformer monitoring system market is set to be valued at US$ 2,785.2 Mn in 2022. It is projected to grow at a CAGR of 8.9% from 2022 to 2032 to reach a valuation of US$ 6,539.2 Mn by the end of 2032.

The transformer monitoring system is a process-oriented system that measures quantities such as voltage and current, estimates measurement data using an algorithm, generates trends, and monitors models. During the assessment period, the introduction of internet of things (IoT)-based smart transformer technologies will boost market growth.

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Green transformers are gaining popularity due to its low carbon footprint and high efficiency and reliability. To monitor these new transformers retrofit installations are required. Increasing renewable energy penetration and rising sales of green transformers will accelerate the demand for retrofit transformer monitoring system in upcoming years.

According to International Energy Agency, global electricity consumption reached 22,848 TWh in 2019. China, India, Russia, and Brazil account for more than 39% of global consumption. Rise in electricity consumption in developing countries will boost the market sales over the forecast period.

Top manufacturers are striving to reduce the installation cost of the monitoring system and make them more reliable and accurate. However, unpredictability in terms of regulatory policies and strained supply chain system are the key challenges influencing the global market for transformer monitoring systems.

Key Takeaways from FMI’s Transformer monitoring system Market Study

  • North America transformer monitoring system market will exhibit stupendous growth at 10.6% CAGR through 2031, due to rapid industrialization, growing necessity to upgrade monitoring system with respect to transformers in U.S. and Canada.
  • Europe transformer monitoring system market led by Germany is forecast to grow at 7.6% CAGR during the forecast period. Rise in growth can be attributed to rising adoption of green transformers and presence of leading manufacturers in the region.
  • Incorporation of modern monitoring system to tackle power outage and related issues in urban area will drive the demand for transformer monitoring systems in India.
  • Japan and South Korea account for 3% of global transformer monitoring system market share in 2021. Increasing need to monitor large and complex power network and high demand of retrofits installation are key growth drivers in these countries.
  • By product type, software segment is projected to surpass the market valuation of US$ 277 at a CAGR of 10.3% in 2021. Advancement in big data analytics and introduction of internet of things (IoT) in monitoring system will drive the market growth of this segment.

“It will be interesting to see how modernization in electricity transmission system will influence the demand for transformer monitoring system during the forecast period. Rising necessity to upgrade monitoring system to comply with green transformers will boost the market growth in upcoming years,” says the FMI analyst.

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Who is Winning?

Future Market Insights highlights the key trends emerging in the transformer monitoring system market and discusses the strategies employed by market players to strengthen their market position.

FMI estimated that the power transformer market is dominated by ABB, General Electric, Siemens AG, Maschinenfabrik Reinhausen GmbH, and Groupe Cahors S.A. Out of these top market players ABB holds around 14% of global market share, General Electric holds 10%, Siemens AG holds 12%, Maschinenfabrik Reinhausen GmbH holds 8%, and Groupe Cahors holds 5% of global market share, says FMI.

They are focusing on new product development to reduce the carbon footprint and are also emphasizing on expanding in overseas territories for business development.

  • For instance, ABB introduced its new model based monitoring system in April 2019. This system was used in combination with standard substation equipment and was presented in MicroSCADA Pro. This allows easy performance evaluation while in service and can detect imminent faults.
  • H2scan launched the “Gen 5 System” designed to reduce the risk of explosion in high voltage transformer. The new system is said to be compatible with wide range of transformers.
  • Hitachi ABB Power Grids recently introduced Txpert™ bushing monitoring and diagnostic system which enables real time monitoring for power transformers. The new system combines voltage reference and sum of current capabilities of Coretec™ 4, TXpert™ Hub with TXpert™ ready bushing sensors to deliver real time solution for digital bushing monitoring and enable smarter decisions based on obtained data.

Prominent players operating in the transformer monitoring system market are:-

  • ABB Group
  • Siemens AG
  • General Electric
  • Mitsubishi Electric Power Products Inc.
  • Eaton Corporation
  • Hitachi Ltd.
  • Qualitrol Company LLC
  • Koncar-Electrical Engineering Institute Inc.
  • Maschinenfabrik Reinhausen GmbH (MR)
  • CETT Co., Ltd.
  • Groupe Cahors
  • Camlin Power
  • MTE Meter Test Equipment AG
  • Advanced Power Technologies LLC

More Insights on the Transformer monitoring system Market

In its latest report, FMI offers an unbiased analysis of the global transformer monitoring system market, providing historical data for the period of 2017-2027 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of by product type (hardware and software monitoring system), by application type (dissolved gas analysis, partial discharge, bushing monitoring, cooling control, and voltage regulation system), by installation type (newly installed units and retrofit units), by end use (power transformers, distribution transformers, and other transformers), and by region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa)

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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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Fast Food Containers Market Competitor Analysis, Winning Strategies and Growth Drivers 2032

Fast food containers are the type of food packaging containers that are made from various manufactured and synthetic materials, including metal (aluminium foil), paper and paperboard, plastics, and more. Fast food container packaging involves a significant amount of food packaging material that ends up in landfills, composting, recycling and litter.

These boxes are safely used to store and pack different food items or products such as pizza, burgers, sandwiches, fries, etc. The majority of the fast-food containers manufacturers are focused on recyclable fast food container manufacturing due to the increasing environmental concern.

Recently, the key players involved in the manufacturing of fast-food containers manufacturing are emphasizing the maximum use of paper & paperboard raw materials while adding additional features to the paper & paperboard fast-food containers.

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What are the Key Trends Impacting Growth of the Fast Food Containers Market? 

Recently, as the majority of the key fast-food manufacturers are making the most use of paper & paperboard fast food containers, this has also led to the increase in the demand for disposable fast-food containers. The disposable fast-food containers made from recycled paper material results in causing fewer landfills resulting in less pollution.

These fast-food containers are used in different places like kiosks, takeout restaurants, and other catering businesses. Customization in fast-food packaging is also positively impacting the market growth which requires the packaging containers to be functional as well as appealing in appearance. Customized fast food containers packaging not only aims to attract customers but also provides tailored fit packaging to the product.

How is the Demand for Fast Food Containers Increasing as compared to the Fast Food Packaging Bags?

Fast food containers are made of thick cardboard paper, LDPE/HDPE plastic, and other thick packaging materials. These containers being thick as compared to the fast-food packaging bags are easy to handle owing to their size and shape.

These fast-food containers can be manufactured into disposable fast-food containers using sustainable and recyclable raw materials. Also, the superimposed layers of paper or cardboard result in attaining the shape of the box which is easy to carry and preferred by the customers.

The rigid nature of the fast-food container as compared to the fast-food packaging bags being flexible can be manufactured in various sizes and customized in various shapes.

Therefore, owing to the easy handling and sustainability in the fast-food containers is expected to increase the demand for the fast-food containers as compared to the fast-food bags.

What are the Key Challenges that may restrain the Growth of the Fast Food Containers Market?

Fast food containers which are made of aluminium, plastic, etc. that is not recycled or composted leads to landfill which causes pollution. Also, the paper or cardboard fast food containers are not waterproof which may lead to the sogginess of the container when exposed to humidity or moisture. The price of the fast-food containers is also high as compared to the fast-food container bags which can hinder the growth of the fast-food containers market.

Competitive Landscape

The following global key players for the fast food conatiners market are,

  • Graphic Packaging International
  • LLC.
  • Huhtamaki Oyj
  • GM Packaging (UK) Ltd.
  • International Paper
  • R+R Packaging Ltd.
  • Fuling Plastic USA Inc.
  • CKS Packaging Inc.
  • Formacia
  • Plus Pack AS
  • DoECO

Key Asian players manufacturing fast food containers are 

  • Viessta Papers
  • Vijay Plastic Industries
  • Prasanna Print Pack
  • JIAXING KINS ECO MATERIAL CO.LTD.
  • Shanghai Sunkea Packaging Co.Ltd.
  • DC Pack Ltd.

What strategies are the Key Players adopting for Increasing their Market Share in the Fast Food Containers Market?

The manufacturers involved in the manufacturing of the fast-food containers are involved in the development and innovations in the product characteristics while making it sustainable and recyclable to use.

In October 2020, Burger King initiated to make the use reusable containers in order to reduce waste. The customers started opting for reusable packaging for menu items such as coffee, sandwiches and soft drinks. Also, the customers can return the reusable sandwich container or cup to the restaurant which can be cleaned and reused.

In July 2020, PriestmanGoode manufactured reusable fast food packaging containers which are made up of cocoa bean shells, mycelium, and pineapple husk. The containers are lightweight, heat-proof, recyclable, and provides adequate thermal insulation to the food.

Why is China a Big Market for Fast Food Containers Market? 

The presence of the majority of the fast-food restaurants in China is the key driving factor towards the growth of the fast-food containers market. Continuous ongoing research and development activities in the food industry are the growth factor contributing to the fast-food containers market.

Increased consumer inclination towards the consumption of fast food is the propelling factor driving the fast-food containers market. Adding to this, the changing lifestyles of the people are adding to the growth of the fast-food containers market.

How has the COVID-19 pandemic impacted the Fast Food Containers Market?

The COVID-19 pandemic has affected the fast-food containers market owing to the strict rules & regulations imposed by the regulatory bodies. This affected the production of the fast-food containers wherein the production was decreased owing to the blocked walk-in and takeaway orders in the initial stage.

But, later the improvement in the pandemic situation led to the relaxation in the rules and regulations in which the fast-food restaurants were operating at fifty percent capacity with walk-in orders. This, in turn, marked a scope to boost the production of the fast-food containers market.

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Key Segments of Fast Food Containers Market Covered in the Report

Based on Material:

  • Paper & paperboard
  • Plastic
  • Aluminium

Based on Product:

  • Boxes
  • Cups
  • Plates
  • Food buckets
  • Others (fries holder, etc.)

Based on the Application:

  • Bakery & confectionery
  • Fast food
  • Others (small kiosks, etc.)

Based on the Region:

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

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Assisted Walking Devices Market Size to Reach US$ 6.33 Bn by 2032 | CAGR of 6.4%

The global Assisted Walking Devices Market Size is augmented to hold the market revenue of USD 3.62 Billion in 2022 while it thrives on the CAGR of 6.4% between 2022 and 2032. The market is anticipated to reach USD 6.33 Billion by 2032.

Increased average old age, huge consumer base coupled with increasing incidences and rise in prevalence is summing up and fueling the sales of assisted walking devices like walkers, rollators, knee scooters, wheelchairs etc.

The government financial support and initiatives are also thriving the sales of assisted walking devices. Neurological diseases & injuries are also pushing the demand for assisted walking devices.

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Walking assist devices provide balance, support, and ultimately, the subsequent ability to survive independently. The aforementioned factors are responsible for the increasing geriatric population getting attracted to these devices, fueling the demand for assisted walking devices.

Sales of assisted walking devices are attributed to the latest technological integration with the assistive devices that help the disable end users are holding hands with the government and private spaces to adopt these innovative devices that help walking disabled people.

Demand for assisted walking devices has increased from the last forecast period as governments have increased healthcare expenditure and funding for technological integration like the use of robotics in these assistive devices to help the patient.

Key Takeaways from Market Study

  • According to the assisted walking devices market analysis states that walker segment is the leading vehicle type segment in the assisted walking devices market, attributing to enhanced stability by this equipment, higher mobility and its helping factor in physical activities in physically handicapped individuals.
  • Gait trainers’ segment is expected to witness a maximum CAGR of 8.6%during the forecast period. This is due to the rising number of cerebral palsy and Parkinson’s disease, proliferating spinal injuries. These fuels the sales of assisted walking devices.
  • North America is forecasted to hold the major revenue in the global Assisted walking devices marketby the end of 2032, holding 35.6% of revenue while thriving on triggers like high prevalence of target diseases, such as arthritis, Parkinson’s disease, and other chronic disabilities in this region.

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“The assisted walking devices market survey explains that the use of platforms like artificial intelligence, machine learning and robotics are shaping the trends for the market. The manufacturers look for new innovative ideas to make sure that the end user gets the most of the help. The high number of accidents happening leads to the use of these devices more often. Introduction of the latest advanced mobility scooters, automated rollators and transfer lifts.” says a Future Market Insights analyst.

Global Assisted walking devices Market Key Players

  • Karman
  • Benmor Medical
  • Briggs Healthcare
  • Carex Health Brands
  • TOPRO
  • Invacare Corporation
  • Drive medical design
  • Eurovema AB
  • HUMAN CARE
  • Phoenix Instinct

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Assisted walking devices Market by Segmentation

By Product Type:

  • Canes
  • Crutches
  • Walkers
  • Gait Trainers

By Region:

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

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About Future Market Insights (FMI) 

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

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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Ice Cream Packaging Market Expectations and Growth Trends Highlighted Until 2032

As per FMI, the global ice cream packaging market size is likely to reach US$ 1,215.6 Mn by the end of 2032 and expand at a CAGR of 4.0% from 2022-2032. Customers are nowadays purchasing ice creams based on appeal, impulse, and brand perception, which has emerged as the key factor for growth.

Packaging for ice creams needs to be both attractive visually and provide exceptional product protection. Excellent ice cream packaging quality will make the product sell better, last longer, and improve brand recognition. Thus, rapid development of high-quality and unique designs of ice cream packaging is expected to boost sales and help companies to stay ahead of their competitors.

Moreover, consumers are increasingly turning to ice creams for indulgent pleasure, which is driving sales of cutting-edge ice cream packaging. Various brands are striving to adapt to their options of ice cream packaging to suit a more direct-to-consumer supply chain approach owing to the new way of selling online. Manufacturers have decided to steer clear of plastic as consumer preference for sustainable packaging has increased. Hence, they are coming up with sustainable ice cream packaging solutions globally.

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The future of the ice cream packaging industry will be better for the environment as more environmentally friendly alternatives are being discovered. It will also benefit consumers because there will be more options for easy ice cream packaging.

Key Takeaways from Global Ice Cream Packaging Market

  • The cup segment under packaging type is expected to hold around 32% of the market share by the end of 2032.
  • Based on material, the plastic segment is anticipated to grow 1.5x the current market value during the forecast period (2022-2032).
  • The global ice cream packaging market witnessed a CAGR of 3.7% during the historic period (2015-2021).
  • The U.S. ice cream packaging market is projected to create an incremental opportunity of US$ 45.2 Mn during 2022-2032.
  • The New Zealand ice cream packaging market is estimated to grow at 3.4% CAGR during 2022-2032.

“Manufacturers are focusing on developing sustainable and innovative ice cream packaging, which would push sales. Besides, expansion of the e-commerce industry will propel growth in the global market,” says a FMI analyst.

Rising Demand for Ready-to-eat Ice Creams to Drive the Global Market

In today’s world, convenience is not just about portability, but also about protecting hygiene. Consumers are looking for convenient and ready-to-eat ice cream products backed by their busy lifestyles. These products are easy to transport and can be eaten at work. Hectic schedules of consumers are compelling them to buy ice cream in bulk and keep it in their refrigerators for a longer period of time. Thus, manufacturers are focusing on developing unique packaging that would provide longer shelf life and help to keep the ice cream quality good.

Increasing Demand for Sustainable Packaging is Propelling the Global Market

Consumers are preferring novel packaging that looks attractive, as well as is beneficial for the environment, whether they are buying ice cream regularly or spontaneously. Also, the packaging should be able to keep the product fresh and should reveal the brand essence. Ice cream packaging manufacturers are thus producing sustainable solutions, which would fuel the global market.

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Competitive Landscape: Ice Cream Packaging Market

Berry Global Group, Amcor Plc, ITC Packaging, INDEVCO Group, Huhtamaki Oyj, International Paper Company, Stora Enso Oyj, Sonoco Products Company, Frapak Packaging b.v., Tetra Laval, Stanpac Inc., Insta Polypack, Sirane Limited, Safepack Solutions, Uniflex, Delkor Systems, Inc., Scholle Ipn Corporation, and Pixelle Specialty Solutions are some of the leading ice cream packaging manufacturers worldwide.

Get More Insights on Ice Cream Packaging Market

Future Market Insights, in its new report, offers an unbiased analysis of the global ice cream packaging market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the ice cream packaging market based on the packaging type (cup, tub, stick pack, folding carton, and others (jar, cone, wrappers, etc.)), material (plastic, paper & paperboard, glass, and others (metal, etc.)), and sales channel (online, and offline) across seven regions.

About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

Global Ice Cream Packaging Market Outlook By Category

By Packaging Type:

  • Cup
  • Tub
  • Stick Pack
  • Folding Carton
  • Others (Jar, Cone Wrappers, etc.)

By Material:

  • Plastic
  • Paper & Paperboard
  • Glass
  • Others (Metal, etc.)

By Sales Channel:

  • Online
  • Offline

By Region:

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

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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

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Impact of Covid-19

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Macro Factors and Forecast Factors

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.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

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

Reusable Packing Market Key Insights, Profiling Companies and Growth Strategies by 2032

As per FMI, the global reusable packing market is set to be valued at US$ 177.0 Billion by 2032 and exhibit growth at a healthy CAGR of 5.5% from 2022-2032. The market stood at US$ 98.5 Bn in 2021.

Reusable packing has gained immense popularity due to its multiple applications, cost-efficient nature, as well as ability to reduce environmental waste. During their entire life span, reusable packing materials can be used multiple times.

Reusable packing has numerous economic and sustainability benefits. There are several product categories in the field of reusable packing such as pallets, crates, boxes, dunnage, and drums. This type of packaging has applications in both customer and industrial usage.

Manufacturers are striving to build strong and durable products, which can be used multiple times. Rapid expansion of the e-commerce business and rising internet penetration rate in emerging economies are projected to drive the global market.

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Moreover, reusable packing is extensively used in the food & beverage industry due to its ability to provide sustainability and ecological balance. This type of packaging helps in delivering a more secure transportation option in the food and beverage industry.

More Insights on Global Reusable Packing Market Report

Future market insights, in its new report, offers an unbiased analysis of the global market for reusable packing market by materials (plastic, metal, wood, glass, and foam), by product type (pallets, crates, dunnage, intermediate bulk containers (IBC), boxes, and drums & barrels), by end-use industry (food & beverages, automotive, chemicals, building & construction, pharmaceuticals, logistics & transportation, and consumer durables), across seven regions.

Key Takeaways from Global Reusable Packing Market

· By material, the plastic segment is set to grow at 7.5% CAGR during the forecast period.

· Based on material, the pallets segment is estimated to hold around 49.4% of the global market share in the evaluation period.

· The U.S. reusable packing market is expected to grow at 4.2% CAGR from 2022-2032.

· Top 3 countries are set to generate a share of nearly 39.3% in the global reusable packing market during the evaluation period.

· The global reusable packing market is estimated to be valued at US$ 103.4 Bn in 2022.

“Relatively low cost and numerous beneficial properties of reusable pallets, including easy transportation, robust strength, and lightweight nature are likely to spur their demand in the upcoming decade,” comments a FMI analyst.

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High Demand for Cost-efficient Packaging is Propelling the Demand for Reusable Packing

Reusable packing is gaining traction in recent years due to its various advantages. This type of packing is not only environmentally friendly but also cost efficient. As compared to single-use packaging, reusable packing can be used multiple times. It is stronger as it is designed for more than one use. Customers do not need to invest their time and money repeatedly in re-purchasing packing materials.

Easy Availability of Pallets and Low Cost of Production Are Pushing the Market

Pallets are anticipated to generate more than 49% of the global reusable packing market share in the next decade. It is estimated that pallets would exhibit an exponential growth of 1.8 times by the end of 2032. Easy availability of raw materials and low cost of production of pallets are anticipated to aid growth. As pallets are sustainable and cost-effective compared to other fossil fuel-based materials, they are extensively used in the logistics and transportation industry.

Competitive Landscape: Reusable Packing Market

Some of the leading companies present in the global reusable packing market are Tri-pack Packaging Systems Ltd, Brambles, DS Smith, IPL Plastics, Menasha Corporation, Myers Industries, Nefab Group, Rehrig Pacific Company, Schoeller Allibert, Schütz GmbH & Co. KGaA, Vetropack Holding, Buckhorn, IFCO SYSTEMS, RPP Containers, Amatech, ORBIS Corporation, Alpega Group, and GEFCO.

Global Reusable Packing Market Outlook by Category

By Material:

  • Plastic
  • Metal
  • Wood
  • Glass
  • Foam

By Product Type:

  • Pallets
  • Crates
  • Dunnage
  • Intermediate Bulk Containers (IBC)
  • Boxes
  • Drums & Barrels

By End-use Industry:

  • Food & Beverages
  • Automotive
  • Chemicals
  • Building & Construction
  • Pharmaceuticals
  • Logistics & Transportation
  • Consumer Durables

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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

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Impact of Covid-19

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

Click Here for Reusable Packing Market 164 pages TOC Report

About the Packaging Division at Future Market Insights:

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

About Us  

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.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

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