Market Research Blog

The global menstrual cups market size is likely to reach US$ 835.6 Million in 2022 , the overall sales are slated to grow at 6.3% CAGR between 2022 and 2032, totalling a valuation of around US$ 1,557.8 Million by 2032. With rapid expansion of menstrual hygiene products market and growing awareness about the advantages of period cups.

Over the years, menstrual cups have become an ideal alternative to products like pads and tampons due to their lower cost, better safety, and eco-friendly nature. These period cups are being increasingly used by women to cope with their menstrual period.

Rising awareness among women population about the advantages of these menstrual hygiene products is providing a major impetus to the growth of menstrual cups market. Similarly, various initiatives taken by government and non-government organizations to educate women about menstruation and women’s hygiene products will foster the sales of menstrual cup sales during the assessment period.

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The informative guideline about the menstrual cups product description, the raw materials used while manufacturing and directions to use helps to create transparency between manufacturers and consumers. Such transparency will positively impact demand for menstrual cups in the market.

In addition to this, improvement in healthcare infrastructure and continuous product launches that will help to cater to women’s hygiene and menstrual problems more efficiently will boost market growth during the forecast period.

Key Takeaways from the Menstrual Cups Market Study

• · By product type, the reusable menstrual cups segment holds the highest volume share of around 64.3% in the global menstrual cups market
• · Based on material type, the silicone segment is expected to hold a significant share of around ~43% in the total menstrual cup market during the forecast period.
• · By sales channel, the online retailing and drugs & pharmacy stores together hold a major share of more than ~35% in the global menstrual cups market.
• · Asia-Pacific and North America together will hold the major share in the menstrual cup market during the assessment period.
• · The menstrual cup market in Germany is anticipated to grow at a CAGR of 5.9% during the forecast period.
• · With growing preference for sustainable menstrual hygiene products, demand for menstrual cups is slated to grow at a healthy pace across the U.S. during the next ten years.

“The manufacturers are formulating strategies for the expansion of their product line and product innovation to cater to all types of customer requirements. They are also focusing on new ways of marketing to spread awareness of the feminine hygiene products in the international market.” Says an FMI analyst.

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Who is winning?

Leading manufacturers of menstrual cups are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of menstrual cups market globally.

Major players present in the menstrual cups market are Blossom Cup, Diva International Inc., Fleurcup, INTIMINA, Jaguara s.r.o. (LadyCup), Lena Cup LLC, Silky Cup, Chemco Group, Mooncup Ltd., The Flex Company, Me Luna Gmbh, Soch Green, Procter and Gamble, The Keeper Inc., and Saalt LLC., among others.

Global Menstrual Cup Market By Category

By Product Type:

• Reusable Menstrual Cups
• Disposable Menstrual Cups

By Material Type:

• Thermoplastic Elastomer
• Rubber
• Silicone

By Sales Channel:

• Direct Sales
• Specialty Stores
• Pharmacy / Drug Stores
• Departmental Stores
• Online Retailers
• Other Sales Channel

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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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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The global reusable sanitary pads market to reach a valuation of US$ 2.8 Bn in 2022. Furthermore, the overall sales are projected to increase at 11.6% CAGR, between 2022 and 2032, totaling a valuation of US$ 8.3 Bn by 2032.

Reusable sanitary pads have become ideal alternatives to disposable ones due to their sustainable and eco-friendly nature. These pads are generally made from biodegradable materials and can be used several times before being discarded.

Factors such as surge in women population, rapid urbanization, increasing demand for eco-friendly products, and rising awareness among people about the benefits of reusable sanitary pads are expected to boost the market growth during the forecast period.

A growing number of women are now working, which has led to a significant increase in female hygiene products sales. According to the Bureau of Labor Statistics, 57.4 percent of women were employed as of 2019. Because of this, the populace within this group is increasingly choosing hygiene products as they go for work or studying.

Similarly, continuous new product launches and development on new materials will further accelerate the growth of reusable sanitary pads market over the next ten years.

Demand for reusable sanitary pads is especially high across fast growing nations such as India and China due to rapidly growing women population, increasing health awareness, favorable government initiatives and surge in the number of regional and domestic manufacturers.

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“New product developments and the usage of natural organic materials instead of plastic and synthetic materials will help to increase the demand for reusable sanitary pads,” says an FMI analyst.

Key Takeaways:

• Based on material type, cotton segment is expected to grow at a CAGR of 9% during the forecast period.
• By sales channel, the online retailers segment held 46% of the total market share in 2021 and is anticipated to surge at 7% CAGR through 2032.
• Sales in the North America market are slated to increase at a 6% CAGR.
• The U.S. reusable sanitary pads market is expected to grow at a CAGR value of 8% during the assessment period.
• Demand for reusable sanitary pads is poised to grow at a CAGR of 2% over the next ten years.

Who is Winning?

Leading manufacturers of reusable sanitary pads are focusing on smart promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the reusable sanitary pads market are Aisle, Rael, Charlie Banana, Femme Fabric Solutions LLP, SUPREME SANITARY PADS, Naari Cloth Pads, Eco Femme, FabPad, Femy, Isweven, Pee Safe (Redcliffe Hygiene Pvt. Ltd.), Re:Pad, Rebelle Pads, Reboot-U, Relief Line, Sanfe (Redroom Technology Pvt. Ltd.), Saukhyam, and Soch Green among others.

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Global Reusable Sanitary Pads Market by Category

By Material Type:

• Cotton
• Bamboo
• Hemp
• Synthetic
• Others

By Sales Channel:

• Modern Trade
• Convenience Stores
• Departmental Stores
• Specialty Stores
• Mono Brand Stores
• Online Retailers
• Drug Stores
• Other Sales Channel

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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

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The global industrial magnetrons market size is estimated to create an incremental opportunity of US$ 4.72 Bn by the end of 2022. Growing usage of magnetron technology across the manufacturing sector in industrial heating equipment is expected to facilitate the growth in the market.

Future Market Insights’ recently compiled report projects the global industrial magnetron market to exhibit an above-average growth over the forecast period (2022-2026). Global sales of industrial magnetrons are estimated to reach approximately US$ 5.82 Bn in revenues by 2026-end. China is forecast to account for a significant share in the Asia Pacific Industrial Magnetrons Market between 2022 and 2026, reveals FMI.

In addition, growing emphasis on the launch of miniaturized and lightweight magnetrons by the market players in the country is estimated to assist the APEJ market to account for around 19.1% of the demand share through 2022.

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Growing Emphasis on Reducing Operational Costs Leading to Development of Advanced Industrial Magnetrons

Magnetrons serve different purposes subject to objectives of various end-use industries. For example, industrial magnetrons are utilized for moisture-reduction in the pharmaceutical industry, and for enabling different types of coatings to plastic and rubber materials in the coatings industry. Adoption of industrial magnetron has witnessed a steady rise in the recent past. However, growing emphasis on minimizing the operational costs has encouraged manufacturers in making advancements in industrial magnetrons.

Demand for industrial magnetrons is further influenced by a slew of microeconomic and macroeconomic factors such as overall growth prospects of the global industrial sector, government policies, technological evolutions and growing demand from end-users.

Heating and drying process underpins most of the demand for magnetrons in many industrial settings. Requirement for industrial magnetrons in plasma generation has therefore gained a steady increase since the recent past.

North America to Lead the Market in Terms of Revenues

North America will continue to lead the global industrial magnetron market, in terms of revenues. Revenue share of Europe and Asia-Pacific excluding Japan (APEJ) will also remain high in the market. The industrial magnetron market in APEJ will register the highest CAGR through 2026, followed by North America. Middle East & Africa, Latin America and Japan will remain least lucrative markets for industrial magnetron.

Based on product type, continuous wave industrial magnetrons will continue to dominate the market, with revenues projected to account for over two-third market share by 2026-end. Sales of continuous wave industrial magnetron will register an impressive expansion through 2026. Demand for pulsed industrial magnetron will remain relatively lower in the market.

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Industrial Magnetrons with X band will Remain Sought-after in the Market

On the basis of operating frequency, industrial magnetrons with X band will remain sought-after in the market, trailed by Ku & Ka Band and C band. Sales of industrial magnetrons with Ku & Ka band will reflect the fastest expansion through 2026, closely followed by those with X band.

Prominent players in the market are increasingly focusing on the development of energy-efficient industrial magnetrons. Key market participants identified by the report include STT International Limited, MDP Components, Richardson Electronics, Ltd., CPI International Inc., Teledyne E2V Limited, MUEGGE GmbH, L3 Technologies, Inc., Hitachi Ltd., Toshiba International Corporation, and Panasonic Corporation.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 4-years.

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The global disposable e-cigarettes market size is expected to be valued at US$ 6.34 Billion in 2022. Grow at a CAGR of 11.2% between 2022 and 2032, totaling around US$ 18.32 Billion by 2032.With growing demand for non-tobacco products owing to rising health concerns among others

The key players in the market started offering these products online through various e-commerce websites such as Amazon. According to an article published by Truth Initiative, in June 2021, online retail for e-cigarettes including disposable products was 28%.

Disposable e-cigarettes are assumed to be a safe alternative to rechargeable e-cigarettes, which in turn is expected to fuel the market growth during the forecast period. Additionally, increasing acceptance of different vaping devices among young adults and adolescents is set to fuel the growth of the Disposable E-cigarettes Market.

In addition, the availability of approved disposable e-cigarettes from various health bodies such as the National Medical Products Administration (NMPA), as a better alternative to tobacco smoking, will integrate well with the growth trend.

The rising traction of using disposable e-cigarettes among consumers, especially the millennial population, is expected to accelerate the market in the forthcoming years. Key players are launching new and innovative products to comply with the growing demand for these products among consumers.

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North America dominated the disposable e-cigarettes market and accounted for the maximum revenue share of 49.8% in 2021. The increasing popularity of flavoured disposable e-cigarettes offered by brands such as Puff Bar, Vuse, and Suorin, is one of the major factors that is expected to drive the growth of the industry in the region.

For instance, in January 2021, Dinner Lady, a U.K.-based vape brand launched a disposable vape pen, available in eight flavors, including Lemon Tart, Banana Ice, Citrus Ice, and Strawberry Ice. The initiative was taken to support consumers in terms of health, and bring them towards more sustainable options from combustible cigarettes.

Key Takeaways from the Market Study

• Global Disposable E-cigarettes Market was valued at US$ 6.34 Billion by 2022-end
• From 2017 to 2021, Disposable E-cigarettes demand expanded at a CAGR of 5.6%
• By Flavour, the Non-Tobacco category is expected to constitute the bulk of Disposable E-cigarettes Market during the forecast period.
• By Distribution Channel, the Offline segment dominates the Disposable E-cigarettes Market.
• From 2022 to 2032, Disposable E-cigarettes sales are expected to flourish at a CAGR of 11.2%.

“Demand for non-tobacco products is expected to augment the growth of the disposable e-cigarettes market in the near future. It has been observed that older people prefer this product as it does not have any negative effect on health,” remarks an FMI analyst.

Competitive Landscape

Players in the global Disposable E-cigarettes Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

• In May 2022, Flawless, one of Europe’s largest vaping distributors signed an exclusive agreement with the leading Chinese manufacturer of vape disposables, ELF BAR, to create the Gee600 disposable device, for the U.K.’s vape and FMCG sector.
• In April 2022, Vaptex launched a new vape device GORIN MAX 4500 puffs adjustable airflow disposable pod, which extends some features between TAKIN and GORIN for a better combination for all vapers
• In August 2019, VPR Brands, a market leader and pioneer in e-cigarettes and vaporizers for nicotine, cannabis, and cannabidiol (CBD), announced the re-launch of its most popular e-cigarettes brand, KRAVE, an exceptional tasting, high-quality alternative to cigarettes.

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Know More about What the Disposable E-cigarettes Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Disposable E-cigarettes Market, providing historical data for 2017-2021 and forecast statistics from 2022-2032.

To understand opportunities in the Disposable E-cigarettes Market, the market is segmented on the basis of product, portability, and application across five major regions.

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Key Segments Covered in the Disposable E-Cigarettes Industry Analysis

Disposable E-Cigarettes Market by Flavour:

• Non-Tobacco Flavoured Disposable E-Cigarettes
• Tobacco Flavoured Disposable E-Cigarettes

Disposable E-Cigarettes Market by Distribution Channel:

• Online Distribution Channel of Disposable E-Cigarettes Market
• Offline Distribution Channel of Disposable E-Cigarettes Market

Disposable E-Cigarettes Market by Region:

• North America Disposable E-Cigarettes Market
• Latin America Disposable E-Cigarettes Market
• Europe Disposable E-Cigarettes Market
• Asia Pacific Disposable E-Cigarettes Market
• Middle East & Africa Disposable E-Cigarettes Market

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

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The global bladder liners market to reach a valuation of US$ 1185.44 Mn in 2022. Sales are projected to increase at 6.2% CAGR from 2022-2032 and the market size is likely to be valued at US$ 2163.34 Mn by 2032.

Consumers are becoming increasingly selective about the materials used in their menstruation products. Besides, growing awareness about various eco-friendly components used in period care and incontinence products would aid sales.

With increasing concerns about the environment, customers are preferring to buy products that are eco-friendly and chemical free. This growing demand is compelling manufacturers to offer new products that are made from biodegradable waste and reusable material.

Further, rising consumer interest in natural and organic alternatives to traditional period products has resulted in sales of these products, including new products with built-in absorbents and washable-timer functions.

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Key Takeaways:

• In terms of absorbency level, the moderate segment had captured a significant portion of the global market with a share of 46.34% in 2021.
• By sales channel, the online stores segment is expected to witness a significant CAGR of 11.26% during the forecast period.
• Based on the type, the disposable bladder liner segment is expected to grow at a CAGR of 4.5% during the forecast period.
• In East Asia, China is the dominating country and is set to hold a bladder liner market share of 49.54% in the assessment period.
• In North America, the U.S. is dominating the market for bladder liners and is expected to grow at a CAGR of 5.4% in the evaluation period.

“Increasing trend of purchasing bladder liners from online platforms at discounted rates and surging demand for disposable incontinence products are expected to drive growth” says a FMI analyst.

Competitive Landscape

Leading manufacturers of bladder liners are focusing on smart promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the bladder liners market are Kimberly Clark, SCA Unicharm, First Quality Enterprise, Domtar, Covidien, PBE, Medline, Hengan Group, Coco, Daio Paper, Hakujuji, P&G, Kao, and Hengan among others.

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Global Bladder Liners Market Outlook by Category

By Type:

• Reusable
• Disposable

By Absorbency Level:

• Light
• Moderate
• Heavy

By Consumer Orientation:

• Men
• Women

By Sales Channel:

• Pharmacies & Drug Stores
• Hypermarket/Supermarket
• Direct Sales
• Specialty Stores
• Independent Small Stores
• Online Stores
• Other Sales Channel

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

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The clothing recycling market to be valued at US$ 5.8 Mn in 2022. All-in-all, the demand for clothing recycling is likely to remain strong with an anticipated valuation of US$ 16 Bn by 2032. Owing to the growing awareness pertaining to the circular movement, the adoption of clothing recycling is likely to grow at a CAGR of 10.7% through 2032.

In addition to this, adoption of clothing recycling methods is also seen as a powerful tool against the fast-changing fashion trends. With numerous circular movements undertaken for furniture recycling, shoe recycling, textile waste of used clothes holds prominence. Owing to this, the recycling trend for clothes is undertaken not only by small-scale fashion hubs but also key players in the clothing recycling market.

Among the significant trends of recycling of clothes, sustainability is at the top. Since sustainability has garnered a lot of attention in recent time, on the back of the environmental concerns and irreversible effects of global warming, companies operating in the domain are launching campaigns to raise awareness about the pollution and landfill area clogging dueo to used textiles.

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The exclusive report on clothing recycling also sheds light on the key opportunities available in the market. Among the other lucrative opportunities, manufacturers are cashing in on the demand arising from the retail sector. Since the retail sector is inclusive of apparels and several other sub-domains that heavily reply on the textile industry, the sector is likely to remain a key revenue-generating channel for the market. Besides retail, revenue prospects are anticipated to remain strong from the automotive industry.

Aesthetics to be a key driver that generates demand for recycled textiles in the automotive industry. Hence, with recycled textiles making up for a considerable value, auto makers can bring down the cost of their overhead by investing in recycled textile over new textile.

Key Takeaways

• Stringent regulations pertaining to environment conservation in the Europe to keep the region’s dominance high with an anticipated share of 26% in 2022.
• The historical performance of clothing recycling market was relatively lower with a CAGR of 6.6% during 2017-2021. The increasing awareness about clothing recycling and technological innovation facilitating the ease of repurposing is likely to improve the growth rate of the market with a CAGR of 10.7% through 2032.
• Retail sector is anticipated to be the key end-use industry through 2032.
• Recycled polyester, with its durability and strength, is likely to remain the preferred recycled clothing type during the forecast period.
• Asia Pacific is likely to be the fastest-growing clothing recycling market during the forecast period.

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Key Segments

By Type:

• Cotton Recycling
• Nylon Recycling
• Wool Recycling
• Polyester Recycling
• Other Fiber Recycling

By End-use:

• Apparel
• Industrial
• Home Furnishings
• Non-woven
• Other

By Waste Type:

• Pre-consumer
• Post-consumer

By Recycling Type:

• Mechanical Recycling
• Chemical Recycling

By Distribution Channel:

• Online Channel
• Retail & Departmental Store

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Competitive Landscape

Some of the key players operating in the clothing recycling market include Worn Again Technologies, Evrnu SPC, Carbios, I:Collect GmbH, Renewcell, Fabscrap, Infinited Fiber Company, PurFi Global LLC, MUD Jeans International B.V., CuRe Technology, Birla Cellulose, and others. There are numerous new entrants as well in the clothing recycling market, who have a keen eye on innovation in the industry. In addition to this, key players are trying to partner with key fashion brands for a long-term supplier-manufacturer deal.

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

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Sales in the global retail printers market are slated to top US$ 3.8 Bn in 2022. Expanding at a healthy 6.7% CAGR, the market size is projected to total US$ 4.9 Bn by 2026.

As per this research report, the global retail printers market is expected to grow at a robust CAGR during the period of assessment and is projected to reach a market value of nearly US$ 5,000 Mn by 2026. Future Market Insights presents a new research report titled ‘Retail Printers Market’ that includes an analysis of the various segments of this market across the important regions in the world.

As the competition in the retail sector is becoming more and more intense, retailers are concentrating on offering a personalized experience to their customers which streamlines their activity in the store and offers them a pleasant experience, thus keeping their loyalty and increasing store footfalls. Because of the installation of printers in retail stores, retailers can offer their customers a variety of customer-centric campaigns, such as giving them discount vouchers along with their bills.

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The present-day retail environment is both brimming with huge possibilities and poses many challenges as well. As they move towards shifting to an omnichannel platform that gathers steam in retail, customers have become increasingly demanding and the competition in the retail landscape is stiff.

In order to streamline the functions of any retail outlet, retailers have to focus on replenishment and seamless deliveries in order to make the experience of their customers in the store smooth and satisfactory.

Such printing terminals also enable retailers to offer various loyalty programs to their customers, increasing the frequency of customer visits and subsequently, the sales and revenue margins. Also, by streamlining their operations, retailers can switch over to the omnichannel platform, giving their customers more options and enabling them to buy products from their stores through a variety of channels. This helps retailers fulfill the high expectations of their customers, helping them expand their business and offer a happy and unforgettable experience to their customers.

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Market Taxonomy

The market taxonomy of the global retail printers market is presented to give a holistic picture of this market and ensure that all the segments and sub-segments of this market are properly represented. This market taxonomy also helps the report readers acquire a logical interpretation of the market numbers presented in this report.

Global Retail Printers Market: Segmentation Insights

The global retail printers market is segmented based on product type, technology, application, and region.

• By-product type, mobile printers are the largest sub-segment in terms of value and are expected to exhibit a CAGR of 6.9% during the assessment period of 2017-2026
• By technology, the direct transfer paper printer sub-segment is the largest sub-segment in terms of value, and is likely to be valued at nearly US$ 2,000 Mn at the end of the year 2026 and is poised to exhibit a CAGR of 7.3% during the assessment period
• By application, the supermarkets sub-segment is the largest in terms of value and is likely to exhibit a CAGR of 6.7% during the period of assessment
• By region, North America is expected to lead the global retail printers market in terms of revenue, exhibiting a CAGR of 6.5% during the period of assessment

Mobile printers sub-segment to dominate the product type category in the global retail printers market

The mobile printers sub-segment in the product type category is expected to exhibit a robust growth rate and register a CAGR Of 6.9% during the period of assessment. This segment is highly attractive in the product type category in the global retail printers’ market. As per the assessment of Future Market Insights, the mobile printers sub-segment is poised to reach a value of nearly US$ 2,050 Mn at the end of the year 2026.

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Global Retail Printers Market: Competitive Landscape
The research report on the global retail printers market has an entire section devoted to studying the competitive landscape of this market in which the key players operating in the market are profiled. This section also has important information about these companies, such as the company overview, key financials, geographical reach, SWOT analysis, key strategies, etc. The companies that have been profiled in this research report include Honeywell International, Inc., Postek Electronics Co., Ltd., Avery Dennison Corporation, Zebra Technologies Corporation, Oki Electric Industry Co., Ltd., TSC Auto Id Technology Co., Ltd., Toshiba TEC Corporation, Brother Industries, Ltd., Star Micronics Co., Ltd. and SATO Holdings Corporation.

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Demand in the U.S. lead acid battery market is expected to rise at above 4% CAGR over the forecast period. The U.S. has emerged as a lucrative market for lead acid batteries in terms of both production and consumption. The U.S. is recognized as a primary market for electronic and automotive industries and it is expected to continue exhibiting high demand for lead acid batteries through the forecast period.

There also is an increasing demand from other industries for the deployment of lead-acid batteries. An increasing number of players focusing on research and development related to lead-acid batteries is anticipated to have a significant contribution to market growth in the years to come.

The call for lead-acid batteries is increasing with the rise in the volume of the car fleet in the latest years. This may be attributed to an increase in aftermarket income in normal interims for battery replacement.

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The growing requirement has led to mass production and has increased the importance of process automation in the lead-acid battery market. The market is shifting towards industry 4.0 s, leading to the universal adoption of new production technologies.

Key Takeaways from Lead Acid Battery Market Study

• The flooded battery is projected to hold over 49% of the global market share in 2021 in terms of product type, supported by superior configurations.
• Transportation is projected to hold over 56% of the overall market share as the leading segment in terms of application by 2031-end, supported by increasing investments in electric vehicle production.
• China will remain a chief market, backed by rising demand from the automotive industry. It is expected to account for over 57.3% of demand registered in East Asia in 2021.
• The market in India is set to surge at around 6% CAGR over the next ten years.
• Germany is emerging as a key market in Europe, accounting for over US$ 2,509.4 Mn in 2021, driven by the expansion of the automotive industry.

“The lead-acid battery market is growing at a strong pace, driven largely by increasing demand for energy-efficient solutions across the automotive sector. The increasing demand for electric vehicles will create extensive opportunities for manufacturers. Key industry participants have been focusing on product diversification to offer energy-efficient solutions and gain a competitive advantage,” says a Future Market Insights analyst

Competitive Landscape

The lead-acid battery market is highly competitive at regional as well as global levels and highly consolidated in nature. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares.

Some of the key players in this industry include but are not limited to Furukawa Electric Co., Ltd., Narada Power Source Co. Ltd., Clarion, Leoch International Technology Ltd., Enersys, Exide Industries Ltd., GS Yuasa Corporation, East Penn Manufacturing Co., Chaowei Power Holdings Limited., and others.

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Find More Valuable Insights

The research report analyzes the demand for Lead Acid Batteries. The global Lead Acid Battery market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights, the market has been analyzed based on product type, power source, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Key Market Trends

3.1. Key Trends Impacting the Market

1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

Read Full TOC…

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Ultrasonic flow meters measure the velocity of a fluid with ultrasound to calculate the volume flow. Transmission flow meter, open-channel flow meter, and Doppler flow meter are three types of ultrasonic flow meters. Ultrasonic flow meters are used to measure liquids that allow passing of the ultrasonic waves such as molten, water, sulfur, chemicals, and cryogenic liquids.

Liquids that permit the passage of ultrasonic waves, such as molten metal, water, sulphur, chemicals, and cryogenic liquids, are measured using ultrasonic flow metres.

The manufacturers of ultrasonic flow metres are concentrating on competitive pricing in order to gain a sizable market share. Furthermore, strategic mergers and acquisitions, as well as technological innovations, are key focus areas for manufacturers.

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Ultrasonic Flow Meter Market- Competitive Landscape

Titan Enterprises has introduced new software functionality for its MetraFlow and Atrato ultrasonic flow meters to provide customers to move the measurement window to ensure measuring at the optimal point of signal. TASI Group has acquired Sierra Instruments and ONICON. The products offered by ONICON include ultrasonic flow meters, turbine flow meters, energy meters, airflow meters, transmitters and sensors. While Sierra Instruments offers liquid, gas and steam flow meters, flow and level switches, digital mass flow meters and controllers and flow calibrators.

Honeywell International Inc.

Established in 1906, Honeywell International Inc. is located in the US. The company provides consumer and commercial products, aerospace systems, and engineering services. It also provides automotive products, turbochargers, process technology for petrochemical and refineries, advanced materials, and energy efficient solutions and products.

Schneider Electric SE

Founded in 1836, Schneider Electric SE is located in France. The company manufactures automation and energy management solutions. It operates through four businesses including medium voltage, low voltage, industrial automation, and secure power. In 2018, Schneider Electric acquired electrical and automation business from Larsen & Toubro in India.

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Cameron International Corporation

Founded in 1920, Cameron International Corporation is located in the US. The company provides processing, pressure control, flow control, compression systems along with the aftermarket services and project management for oil and gas and process industries. The company also provides offshore and onshore platform wellhead system and processing solutions including actuators, valves and chokes.

Endress+Hauser AG  

Established in 1953, Endress+Hauser AG is located in Switzerland. The company provides measurement instruments, automation solutions, and services for the industrial processing engineering in Asia Pacific, Africa, Europe, the Americas, and the Middle East. The company also offers flow metering, field network engineering, analytical solutions, and plant asset management solutions.

Ultrasonic Flow Meter Market Dynamics

Upgradation and Modernization of Refineries to Propel Demand for Ultrasonic Flow Meters

Ultrasonic flow meters are extensively used in the oil refineries, especially in crude oil metering. The need to measure crude oil at various steps during its movement from extraction to the production facility is driving demand for ultrasonic flow meters. Moreover, existing oil refineries are increasingly focusing on upgradation and modernization of refineries which will result in the growing demand for ultrasonic flow meters.

Developing nations across the globe are increasingly investing in the development of refineries. For instance, BPCL, EIL, IOC, and HPCL have announced developing the biggest refinery in India on the west coast which is projected to cost US$ 30 billion. Rise in the capacity of refineries in developing countries is likely to boost the demand for ultrasonic flow meters.

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Manufacturers Developing Portable and Handheld Ultrasonic Flow Meters

Manufacturers in the ultrasonic flow meter market are focusing on providing industry-the specific solutions. New ultrasonic flow meters are being developed with the features as per the requirement of specific industry. Meanwhile, handheld ultrasonic flow meters are finding wide application in measuring dirty fluids and slurries for the chemical, water treatment, and food processing industries.

Manufacturers are also focusing on developing portable ultrasonic flow meters using both transit time and Doppler technologies to measure flow and velocity of liquids. These portable ultrasonic flow meters are witnessing huge demand from the petrochemical and refinery industries to carry survey work in remote locations. Meanwhile, in recent years, solar-powered ultrasonic flow meters have also gained traction owing to the increasing disparities between the demand and supply of electricity.

Availability of Broad Range of Flow Meters to Impact Ultrasonic Flow Meter Market

One of the key factors impacting the growth of the ultrasonic flow meter market is the availability of a wide range of flow meters used across various industries. Moreover, manufacturers in various industries who are using traditional flow meters are avoiding bearing the possible risk and switch to the latest flow meter technologies. This attitude of manufacturers is restraining the adoption and growth of ultrasonic flow meters. However, manufacturers in the ultrasonic flow meter market are focusing on showing the benefits of using ultrasonic flow meters across industries.

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.

Contact:
Unit No: 1602-006
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