Global Disposable Blood Pressure Cuffs Market to be Driven by the Use of Environment-Friendly Materials in the Forecast Period of 2022-2032

The Disposable Blood Pressure Cuffs Market is expected to generate a revenue of approximately US$ 783.0 million in 2032, up from US$ 244.7 million in 2022, at a CAGR of 12.3% during the forecast period (2022-2032). The demand for disposable blood pressure cuffs has increased significantly as the consumer base has grown.

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Furthermore, the rapid increase in the geriatric population is expected to increase the consumer base, driving hypertension incidence rates and leading to an increase in disposable blood pressure cuff sales.

Because of the prevalence of contamination in hospitals, which leads to hospital-acquired infection, the global disposable blood pressure cuffs market is expected to grow rapidly in the coming years (HAI).

High blood pressure is a major risk factor for cardiovascular and kidney disease, and thousands of people die as a result of this medical condition each year, propelling the overall disposable blood pressure cuffs market growth.

Furthermore, advancements in disposable blood pressure cuff manufacturing, such as the availability of products in various colours and sizes for accurate reading, are fueling disposable blood pressure cuff market opportunities.

Manufacturers focus on developing products that are easy to use, innovative, and cost-effective in order to increase their disposable blood pressure cuffs market share.

However, the introduction of pulse blood pressure monitors as alternatives to blood pressure cuffs, as well as different regulatory policies across countries, are likely to impede the global disposable blood pressure cuffs market outlook.

The disposable blood pressure cuffs market is divided into call points and regions, with North America dominating the market due to medical device technological advancements, as well as high per capita health care expenditure.

Key Takeaways:

The physicians segment is expected to dominate the disposable blood pressure cuffs market with a CAGR of 12.1% through 2032, according to call point.

  • The disposable blood pressure cuffs market in the United States is expected to account for a significant disposable blood pressure cuffs market share of approximately US$ 208.1 million by 2032.

The disposable blood pressure cuffs market in the United Kingdom is expected to be worth US$ 32.1 million by 2032, growing at an 11.1% CAGR.

  • Japan disposable blood pressure cuffs market size is expected to reach US$ 45.2 million by 2032, growing at a CAGR of 10.6% during the forecast period.
  • From 2022 to 2032, the China disposable blood pressure cuffs market is expected to grow at an 11.6% CAGR.

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Competitive Landscape:

GE Healthcare, Koninklijke Philips N.V., Welch Allyn, Inc., SunTech Medical, Inc., and Briggs Healthcare are among the prominent disposable blood pressure cuffs market players.

Several businesses are focusing on organic growth strategies such as product approvals, product launches, and other items such as patents and events.

Inorganic growth strategies in the market included acquisitions, partnerships, and collaborations.

These activities have enabled market participants to expand their business and customer base, as well as create numerous disposable blood pressure cuffs market opportunities.

Key Segments

By Call Point:

  • Surgeons
  • Physicians
  • Clinicians

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • Latin America

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Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. FMI Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Risks and Trends Assessment 

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Disposable Blood Pressure Cuffs Demand

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

TOC Continued…

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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Refractive Surgery Devices Market Value, Volume, Trends and Regional Outlook 2022-2032

According to the most recent report published by Future Market Insights, a leading Market Research firm, the Refractive Surgery Devices Market is currently valued at US$ 195.1 Mn and is expected to reach US$ 446.2 Mn by the end of 2032 at a CAGR of 7.7%. Furthermore, the market is expected to offer a US$ 235 Mn absolute dollar opportunity over the next ten years.

In 2021, the Lasers segment generated the most revenue in the Global Refractive Surgery Devices Market, growing at an 8.2% CAGR. This is due to technological advancements and an increase in the use of laser vision correction procedures. The projected growth rate is significantly lower than the 9.5% rate between 2017 and 2021.

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Furthermore, myopia is the leading application category in the Global Refractive Surgery Devices Market. It is expected to grow at a Compound Annual Growth Rate of 9% between 2022 and 2032. This is because the global prevalence of myopia has increased the risk of vision impairment. Myopia has been a prominent issue among children during the pandemic as a result of increased screen usage.

Key Takeaways from the Market Study

  • The market is expected to grow at a 7.7% CAGR, which is slightly lower than the 8.1% CAGR recorded in the past.
  • The global market for Refractive Surgery Devices will be worth US$ 446.2 Mn by the end of 2032.
  • The market is expected to offer an absolute dollar opportunity of US$ 235 Mn between 2022 and 2032.
  • Among other product type segments, the lasers segment leads with an 8.2% CAGR, while its historical growth rate was 9.5% between 2017 and 2021.
  • The US market for Refractive Surgery Devices accounts for nearly 26% of the global market. During the forecast period, it is expected to grow at a CAGR of 7.3%.
  • Myopia has the highest market revenue among all application-based segments. During the forecast period, revenue from this application is expected to grow at a CAGR of 9%.

According to a Future Market Insights analyst, with the introduction of technologically advanced and minimally invasive techniques in refractive surgical devices, patients have numerous options for reducing their reliance on contact lenses and spectacles, as well as receiving corrective treatments for refractive issues.

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Competitive Landscape

The market for Refractive Surgery Devices is being driven by market players who are expanding their product portfolios by heavily investing in R&D and product development. Government funding, technological breakthroughs, regulatory approvals, mergers and acquisitions, and a diverse product offering have all contributed to the environment remaining competitive. New product launches and the expansion of existing operations in the untapped international market are expected to benefit the leading companies.

The major market players in the Refractive Surgery Devices Market are

  • Alcon
  • Bausch & Lomb Incorporated
  • Carl Zeiss Meditec AG
  • Essilor
  • Johnson & Johnson Services, Inc.
  • NIDEK CO. LTD.
  • Quantel Medical
  • SCHWIND eye-tech-solutions
  • TOPCON CORPORATION

The major developments in the Refractive Surgery Devices Market are:  

  • In February 2022, Johnson & Johnson’s Janssen Pharmaceutical Companies announced that CARVYKTI had been approved by the US Food and Drug Administration (FDA) for the treatment of adults with relapsed or refractory multiple myeloma. This approval demonstrates J&J’s ongoing dedication to providing more therapeutic options.
  • Bausch Health Companies agreed to sell their stake in Amoun Pharmaceutical Company, an Egypt-based human and animal health product company, to ADQ for $740 million in March 2021.

Market Segments Covered In Refractive Surgery Devices Market Analysis

By Product Type:

  • Lasers
  • Microkeratome
  • Aberrometers
  • Other Product Types

By Application:

  • Myopia
  • Hyperopia
  • Astigmatism
  • Presbyopia
  • Dry Eyes

By End-use:

  • Hospitals
  • Ambulatory Surgery Centers
  • Ophthalmology Clinics

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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

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

TOC continued..!

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Refractive Surgery Devices market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

Future Market Insights’ Domain Knowledge in Healthcare Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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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Veterinary Point of Care Diagnostics Analysis Report By Type, Application, End-user and Region 2022-2032

According to a recently published Future Market Insights report, the Veterinary Point of Care Diagnostics market is expected to grow at a CAGR of 15.5% between 2022 and 2032, with revenues estimated at US$ 1.3 billion in 2021. The market is expected to reach $4.8 billion by the end of 2032.

Technological advancements, industry competitors’ strategies, the growing number of pets and humanization, the drive to reduce antimicrobial material emissions, and the expansion of service offerings by veterinary clinics are all contributing to the veterinary industry’s direction.

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Government actions such as stay-at-home recommendations and social distancing procedures forced market participants to change, reduce, or halt operating activities during the first half of 2020. Veterinary clinics and hospitals in multiple areas reported low patient volumes, with some focusing solely on emergency patients.

Owners of animals, on the other hand, continued to receive veterinary care because it was widely regarded as a “important” service. The blood/plasma/serum category, which accounted for more than 40.0 percent of total revenue, is expected to drive market growth. Regular blood testing is recommended by Kirkwood Animal Hospital in the United States as an important part of a companion animal’s overall wellness regimen. Blood tests are less expensive and less invasive than medical treatment.

Dogs and cats dominate the pet population in the United States, according to the American Pet Products Association’s National Pet Owners Survey for 2019 to 2020. (APPA). Americans are expected to spend more than $100 billion on pets by 2020. It is estimated that 31.4 billion US dollars were spent solely on veterinary care and product sales. According to the APPA survey, dog and cat owners spent an average of $426 and 214 on surgical vet visits, respectively, and 212 and 160 on routine vet visits.

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Key Takeaways from the Market Study

  • The global veterinary point-of-care diagnostics market is expected to reach US$6.3 billion by 2032.
  • North America is expected to contribute more than 30% of market revenue in 2022.
  • Companion animals are expected to contribute the most revenue with a CAGR of 15.5%.
  • The Consumables, Reagents, and Kits segment is expected to grow at the fastest rate, with a 15.8% CAGR.

Competitive Landscape

This market is dominated by a number of regional and global players. Companies employ a variety of strategies to remain competitive.

  • Heska Corp. announced the acquisition of Scil Animal Care Company GmbH, a provider of veterinary point-of-care diagnostics, in April 2020.
  • IDEXX Laboratories announced the release of a canine Progesterone Test for the Catalyst One Chemistry and Catalyst Dx Analyzers in 2019.
  • Fujifilm Sonosite announced a partnership with Partners Healthcare in 2019.
  • Stablelab, a compact point-of-care blood test for horses, was introduced by Zoetis Inc. in 2019.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Veterinary Point of Care Diagnostics Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032. The study reveals essential insights on the basis of end users across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Future Market Insights’ Domain Knowledge in Healthcare Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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MENA Syringes and Cannula Market Size, Growing Trends | Industry Analysis Report 2022-2031

The MENA Syringes and Cannula market is expected to exceed US$ 1.2 billion in 2020, with a CAGR of close to 6.4% over the forecast period (2021-2031).

Increasing preference for elective medical procedures and surgeries, as well as rising medical supply consumption, are driving demand for cost-effective equipment and healthcare supplies.

The COVID-19 pandemic increased hospitalisation rates, and MENA saw a surge in demand for medical supplies such as syringes, cannulas, and personal protective medical equipment. With an increase in overall medical supply consumption, the region is seeing a growing trend toward the use of syringes and cannulas, boosting the market.

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For single-use cases, medical products such as syringes and cannulas are used to prevent the spread of infectious agents and contaminants to providers and patients. This factor reduces the average duration of such product use while increasing the demand for syringes and cannulas in medical settings.

According to an FMI analyst, “rising diabetes incidence and growing preference for cosmetic surgeries among individuals are expected to create opportunities for growth in the MENA syringers & cannula market.”  

Key Takeaways:

  • In 2020, the medical protective equipment segment accounted for 59.8% of the total market share.
  • In 2020, the disposables segment accounted for 87.3% of the MENA syringes & cannula market.
  • In terms of distribution channels, institutional sales are the dominant segment, accounting for approximately 63.8% of the total market share in 2020.
  • Saudi Arabia held 16.2% of the total market share in 2020, a trend that is expected to continue throughout the forecast period.

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Competition Landscape

  • To gain a competitive advantage, key players in the MENA syringes & cannulas market are launching novel products. They are also expanding their footprint through mergers, acquisitions, and collaborations. As an example:
  • • In June 2021, Becton Dickinson and Company received an order for needles and syringes to participate in a vaccination drive in 40 countries, including Saudi Arabia, Germany, and South Africa. • In August 2021, Hindustan Syringes and Medical Devices Ltd met a milestone target of producing 1 billion auto-disposable syringes for COVID 19 vaccinations. The company now has the capacity to produce 50 crore AD syringes per year.

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Future Market Insights brings a comprehensive research report on forecasted revenue growth at MENA, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2030. The MENA syringes & cannula market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study offers compelling insights into the MENA syringes and cannula market segmentation based on product (syringes [disposable hypodermic syringes, auto disposable syringes, safety syringes, prefilled syringes, and insulin syringes], cannulae [neonatal cannulae, straight cannulae, winged cannula

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About Healthcare Division at Future Market Insights

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

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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Healthcare API Market Global Growing Popularity and Emerging Trends 2022-2032: FMI

During the forecast period, the Healthcare API Market is expected to grow at a CAGR of 3.6%, from US$ 215.6 Mn in 2022 to US$ 306.6 Mn in 2032.

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The global healthcare API market is expected to expand due to the growing acceptance of Application Programming Interfaces (APIs) and integrated Electronic Health Records (EHRs), which provide simplicity and easy access to healthcare data.

According to healthcare API market adoption trends, improved treatment outcomes have increased patient satisfaction, and improvements in care quality are propelling the healthcare API market forward.

The growing need for healthcare integration is also likely to drive demand.

In the healthcare API market, patient-centric care is an emerging paradigm in healthcare delivery that has resulted in improved outcomes, patient satisfaction, and treatment quality. A slew of new services, such as healthcare monitoring and wearable medical devices, have increased demand for healthcare API solutions that allow patients to learn more about a doctor’s experience, specialty, and availability before making an appointment. Furthermore, patients can stick to their appointment schedules and visit only when absolutely necessary.

However, the growing demand for healthcare API is being hampered by the loss and misuse of sensitive patient data, as well as privacy concerns. Furthermore, the continued growth in government efforts to transition from traditional techniques to technologically sophisticated healthcare systems and IT-enabled solutions and services is likely to open up various healthcare API market development prospects.

EHR companies and healthcare IT startups are driving the healthcare API market with frequent updates and initiatives. Concerns about privacy breaches and the loss of sensitive patient data, on the other hand, are limiting the healthcare API industry expansion.

According to Future Market Insights’ global healthcare API market study, government efforts to migrate to technologically sophisticated healthcare systems, as well as IT-enabled products and services, are likely to open up additional market development potential.

Almost every industry in the world has suffered a setback as a result of the pandemic in recent months. This can be attributed to severe disruptions in their specific production and supply-chain operations as a result of multiple preventive lockdowns and other restrictions imposed by governments worldwide.

Because the general economic situation of most people has been harmed by this outbreak, consumer demand has decreased as people are now more keen on eliminating non-essential expenditures from their various budgets. The aforementioned factors are likely to weigh on healthcare API market sales over the forecast period.

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The global healthcare API market is likely to revive as regional government agencies begin to lift these mandated lockdowns.

Key Takeaways
The US healthcare API market size is expected to reach US$ 55.9 Mn by 2032.
The China market is expected to grow at a CAGR of 3.6% during the forecast period and is likely to reach a valuation of US$ 12.2 Mn by 2032.
The market study by Future Market Insights portrays that over the projected period. The remote patient monitoring segment is expected to develop at the fastest rate.
During the forecast period, the global healthcare API market is expected to face challenges such as lack of reliability and payment uncertainty.
The EHR access category topped the worldwide healthcare API market with a revenue share of over 35% in 2020, according to the service.

Based on the mode of implementation, cloud-based APIs had the largest market share of roughly 81% in 2020. The availability of free storage space to store and organise patient and hospital health data, as well as data that is immediately available during an emergency, can be attributed to the increase in the size of the healthcare API market.

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Competitive Landscape
MuleSoft, Inc., Practo Technologies Pvt. Ltd., General Electric Company, Athenahealth, Cerner Corporation, Microsoft Corporation, Epic Systems Corporation, Apple, Inc., eClinicalWorks LLC, Greenway Health, LLC., Practice Fusion, Inc., and Allscripts Healthcare Solutions Inc. are the market leaders in the global healthcare API market.

As per the healthcare API market adoption trends, the healthcare market is inherently competitive. To increase their market position, the leading companies are engaging in strategic alliances, new product launches, and mergers and acquisitions.

For example, Allscripts and Northwell Health teamed up in 2019 to create an artificial intelligence-based, voice-enabled, cloud-based EHR. The company’s penetration is likely to improve as a result of this. In November 2019, pCare announced a collaboration with Redox to improve data integration between the pCare platform and HCO’s existing HIT systems.

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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Barrier Coated Papers Market is expected to reach US$ 6.6 Bn by the year 2029

On the back of their superior water resistance, grease & oil resistance, and compliance with food standards, barrier coated papers continue to gather preference for packaging and printing applications. Projected for a promising CAGR of more than 4% during 2022 – 2029, a new Future Market insights (FMI) report anticipates the market to receive a major boost from food, consumer electronics, and retail industry.

Key Takeaways of Barrier Coated Papers Market Study

  • Water-based coatings are gaining traction in the barrier coated papers market, surpassing solvent-based coatings. Water-based coatings are expected to count for majority of the market share by 2029, attributable to the regulatory landscape, limited recyclability, and slow degradation of solvent-based barrier coated papers.
  • Packaging is estimated to account for a significant share in the global barrier coated papers market. More than 95% of the paper packaging used for beverage packaging, and majority of the food wraps, cups, and lids used in the food industry are barrier-coated.
  • The food industry is identified as the key end-user for the barrier coated papers market, as packaging of confectionery, dairy, and snacks requires oil & grease resistant papers for lining boxes.
  • North America accounts for nearly 30% of the global barrier coated papers market. The market in North America is expected to lose some market share in the barrier coated papers market to developing regions, especially South Asia and East Asia. This shift can be attributed to robust growth in consumption of packaged food and retail industry in these regions.
  • Wider adoption of sustainable barrier coatings is anticipated to be a key trend in the barrier coated papers market. Bio-based plastics as coating materials are gaining significant traction and are expected to become more cost-effective.

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Manufacturers in the barrier coated papers market can leverage the remunerative growth potential offered by nascent bio-based materials. Capacity addition and introduction of cost-effective barrier coatings for paperboard converters can create significant opportunities for all players operating across the value chain.

Who Is Winning?

Paper packaging giants such as Stora Enso Oyj., UPM-Kymmene Oyj, Sappi Ltd., Billerudkorsnas AB, and Mitsubishi Paper Mills Limited are some of the prominent players operating in the global barrier coated papers market. Coating companies and paperboard converter companies are collaborating to develop innovative barrier coated papers.

  • In November 2022, Stora Enso Oyj collaborated with HS Manufacturing Group (HSMG), a manufacturer of plant-based barrier coatings, to produce Stora Enso’s formed fiber offering.
  • In November 2022, Smurfit Kappa collaborated with Mitsubishi HiTec Paper, to develop an innovative and recyclable food-safe packaging solution. The outer board-based packaging is made from Smurfit Kappa’s MB12 packaging solution and the inner packaging contains Mitsubishi HiTec Paper’s BARRICOTE barrier coated papers.

Competitive Landscape

The global barrier coated papers market players are into both – organic and inorganic expansion to make their presence felt herein. Companies like Empowera offer a plethora of solutions that efficiently replace fluorochemicals, polyethylene or waxes in paper cups, food packaging, wrapping paper, plates, and likewise.

The viscosity of these products could be adjusted as per application. There are the other players treading the same path in barrier coated papers market.

  • Stora Enso, in November 2019, inked a strategic collaboration with HSMG (HS Manufacturing Group) for developing the former’s formed fiber offering.
  • Sonoco Products Company, in May 2019, did invest US$ 17 Mn for “Dream Machine” to laminate and coat paper & paperboard products all across Birmingham.

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Key Segments Covered in Barrier Coated Papers Industry Research

By Coating :

  • Water-based Coating
  • Solvent-based Coating
  • Wax Coating

By Material :

  • Paper
  • Plastic
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Polyvinylidene dichloride (PVDC)
    • Polyethylene Terephthalate (PET)
    • Bio-based Plastic
      • Polysaccharides
      • Polylactic Acid (PLA)
      • Polyhydroxyalkanoates (PHA)
        • Ethylene Vinyl Alcohol (EVOH)
        • Polyamide (PA)
    • Wax
    • Aluminum Oxides (AlOx)
    • Silicon Oxides (SiOx)

By Application :

  • Packaging
    • Cups & Lids
    • Trays
    • Boxes & Cartons
    • Pouches & Sachets
    • Labels
    • Blisters & Clamshells
    • Wraps
    • Tapes
  • Printing

By End-user :

  • Food
    • Bakery
    • Confectionery
    • Snacks
    • Dairy
    • Spices & Condiments
    • Sauces
  • Beverages
  • Cosmetic & Personal Care
  • Pharmaceuticals
  • Building & Construction
  • Electrical & Electronics
  • Tobacco Packaging
  • Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

In its new research study named “Packaging Tapes Market,” FMI has provided crucial insights and produced a revised forecast analysis on the market. The research begins with an introduction of the industrial environment, followed by an examination of market size, by-products, geographies, application forecasts, and vendor and company competition. The study examines market share, demand, growth patterns, and forecasts for the next few years. The research includes unique aspects that could have a significant impact on the industry’s development throughout the projection period. A complete market dashboard is depicted, allowing users to examine detailed information about the study.

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From customers to product manufacturers to the packaging business, paper tape packaging is gaining favour. As the demand for quick stick and strong adhesion packaging grows, so will investments in this area. As a result, innovative materials, processes, techniques, and designs will emerge that suit consumer wants while also being environmentally sustainable.

Between 2022 and 2030, the global paper tapes market is estimated to reach US$ 7.6 billion, growing at a CAGR of 4.3 percent.

Paper tapes are in high demand for masking and packaging applications in a variety of sectors. The paper tapes market is being driven by increased demand from healthcare, automobile sectors, furniture manufacturing, electronics, and other industries, according to a recent analysis by Future Market Insights (FMI).

Some of the main brands are adding new features in their tapes that demonstrate greater heat and water resistance. Such advancements aid in the market’s overall expansion. Paper tapes made of natural materials are seeing increased demand as the focus shifts to more sustainable and innovative packaging solutions.

The paper tapes market study from FMI provides a thorough analysis, including growth drivers and restraints. The following are some of the report’s most important takeaways.

Who is the victor?

The market for paper tapes is fragmented, with Tier 1 players accounting for roughly 40-45 percent of the total market. To make their products more appealing to consumers, market players are expected to focus on obtaining materials from renewable sources. Intertape Polymer Group Inc., Berry Global Inc., Advance Tapes International, Pro Tapes & Specialities Inc., PPI Adhesive Products, Specialty Tapes Industry, Shurtape Technologies LLC, Atlas Tapes S.A., PPM Industries S.P.A., and Can-Do National Tape are some of the leading companies in the market.

The Paper Tapes Market Report’s Key Takeaways

  1. Between 2022 and 2030, the market for paper tapes is estimated to increase at a CAGR of 4.3 percent.
  2. Rubber-based adhesive tapes are becoming more popular in a variety of industries due to their low cost and superior stickiness.
  3. Masking tapes will continue to be a popular product on the market.
  4. Throughout the projection period, demand for packaging paper tapes will continue to rise.
  5. Paper tape sales will continue to rise in the building and construction industry.

Paper tapes are seen as feasible packaging options, owing to their recyclability. They’re one-time-use items. When these tapes are no longer useful, they can be recycled into environmentally friendly items. They are typically sold quickly and are seen as a good investment by producers looking to meet consumer packaging needs,” according to an FMI analyst.

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Key Segments Covered in Paper Tapes Industry Research

Paper Tapes Market by Product Type

  • Masking Tape
  • Packaging Tape
  • Consumer & Stationary Tape
  • Others

Paper Tapes Market by Adhesive

  • Rubber-based Adhesive
  • Acrylic-based Adhesive
  • Silicon-based Adhesive

Paper Tapes Market by Application

  • Masking
  • Packaging
  • Sealing
  • Bundling
  • Fixing
  • General Use
  • Decorating
  • Labelling
  • Framing
  • Tabbing & Splicing

Paper Tapes Market by Feature Type

  • Single sided
  • Double sided

Paper Tapes Market by End User

  • Building & Construction
  • Automotive
  • Retail & Logistics
  • Aerospace & Defense
  • Healthcare
  • Electronics & Electrical
  • General Industries

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https://www.evernote.com/shard/s742/sh/026b1343-aeae-e014-5b69-e676d1f54072/0b252b1a964f11964631f52f3a2bd09e

https://medium.com/@nk99fmi/zipper-pouch-market-size-share-cagr-forecast-report-for-2021-2031-442423be2283

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

 

 

Cup Filling Machines Market Has Growth Potential Due to the Packaging Industry’s Trend of Precision and Automation

Cup filling machines are revolutionising the packing machinery business, which is expected to grow at a rapid pace. Flexible and rigid packaging options are being embraced by CPG (Consumer Packaged Goods) makers. Consumers are gravitating toward more nutrient-dense ready-to-eat foods. To appease time-pressed individuals, retailers are capitalising on the preference shifts by selling better-for-you food and beverage goods. As a result, cup filling machine manufacturers are focusing on specialised retailers to expand their company base.

Owing to rising demand for ready-to-consume products, North America and Europe are expected to lead cup filling machines market. Whilst East and South Asia are exhibiting fastest adoption rate. FMI, in its recent market research, finds that global cup filling machines market is anticipated to grow at a CAGR of ~4.6% over forecast period (2022-2029).

The cup filling machines market is expected to grow at a CAGR of 4.6 percent from 2022 to 2029, from US$ 1.6 billion in 2022 to US$ 2.2 billion in 2029.

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Demand Upsurge in Food and Beverage Sectors.

The food & beverage packaging industry is growing modestly, as such, adoption of cup filling machines in food and beverage sectors is projected to hold voluminous share by 2029 end. Manufacturers of cup filling machines are following consumers’ preference for convenient food items.Further, rising prominence of singleton households in countries, including South Korea, and Japan, indicate the need for specific-sized packaging products.

FMI discovers notable upsurge in demand for dairy products, such as milk, yogurt, ice cream, and curd, in developing countries, despite steady consumption in western countries. The food and agriculture organization (FAO) of the United Nations reveals that worldwide milk production is expected to observe significant uptick in 2022, majorly led by India, and the US.

Automatic and Semi-Automatic Cup Filling Machines Remain Sought-After

The market of cup filling machines has been undergoing drastic transmutation with advent of industrial automation. Manufacturers are turning to state-of-the-art machinery that is time-, and cost-efficient. FMI finds that automatic and semi-automatic cup filling machines hold ~99% market share, with the former maintaining its supremacy throughout forecast period. Whilst semi-automatic cup filling machines are witnessing faster adoption rate, automatic iterations are generating returns that are twice as much.

As labor expenses in developing regions are high, food & beverage producers are shifting away from manual cup filling machines, which contribute negligibly in overall market revenue. In a bid to enhance their throughput, industrial operators are turning to automatic and semi-automatic cup filling machines.

Analysts at FMI suggest that ‘Demand for cup filling machines tends to surge in line with rising inclination towards ready-to-consume food & beverages. Further, manufacturers are developing automatic and semi-automatic iterations to facilitate high-speed packaging.’

Competitive Landscape

The key manufacturers of cup filling machines are trying to focus on expanding their presence and capacity by purchasing the new facility as well as collaborating with various end-use industries. Also, the key players are focusing on adopting the latest technology in the cup filling lines to attract the end-use industries.

  • In November 2021, Serac group announced the expansion of its cup decontamination solution for its cup filling lines. The cup decontamination technology helps in offering an intermediate level of performance between H2O2 and UV decontamination.
  • In May 2019, Paxiom Group announced the expansion by purchasing the second facility in Las Vegas, NV.

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Cup Filling Machines Market by Category

By Technology:

  • Automatic Cup Filling Machines
  • Semi-automatic Cup Filling Machine
  • Manual Cup Filling Machines

By Machine Type:

  • Rotary Cup Filling Machines
  • Linear Cup Filling Machines

By Capacity:

  • Below 1000/Hr.
  • 1000 to 3000/Hr.
  • 3001 to 6000/Hr.
  • Above 6000/Hr.

By End-use:

  • Food
    • Dairy Products
    • Cereals & Dry Fruits
    • Ready to Eat
    • Jam, Sauces & Pickles
    • Spices & Condiments
    • Bakery & Confectionery
    • Others
  • Beverages
    • Fruit Juices
    • Alcoholic Drinks
    • Others
  • Others

By Region:

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

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https://issuu.com/nk99fmi/docs/zipper_pouch_market_size

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:
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

 

 

 

Metallized Paper Market is expected to expand 1.4x times the current market value by the end of 2029

Future Market Insights delivers vital insights on the metallized paper market, in its published report titled, Metallized Paper Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029′. In terms of revenue, the global metallized paper market is projected to expand at a CAGR of ~4% during the period of assessment, owing to numerous factors of which FMI offers thorough insights and forecasts. The global metallized paper market is expected to expand 1.5x in terms of market volume by the end of 2029.

 Firm Progression for Premium Brewing & Beverage Industry

Metallized paper offers elegant and protective properties to the packaging products. It is widely used in various applications such as, food, beverages, personal care, home care, chemicals, and banking. The extensive application of metallized paper is in labelling. Packaging and labelling for premium liquor & perfume are significantly growing in demand across the globe. The growth of premium spirit sector is expected to grow at steady pace, and anticipated to expand one-fourth to reach ~US$ 2.1 Bn by 2022.

Metallized paper could be an alternative to plastic-based packaging especially in labelling which is essential for branding of any product. Several stringent rules set by the regulatory bodies to slow down the usage of plastic in packaging will continue to fuel the growth of the metallized paper market. This move has also pushed the manufactures of packaging materials to increase their units’ capacity for the production of metallized paper at all the major regions of the world.

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Metallized paper is increasing in demand, due to its usage as a gift wrapping paper especially in developed countries of Europe and North America. The growth of metallized paper might be stunted to some extent, due to issues in its recyclability. Metallized paper is strenuous to recycle as it has multiple layer papers that are coated with two or more materials – representing a potential threat for the manufacturers.

Opportunities Abound in Asia Pacific

Geographically, Asia holds nearly two-fifth of the world’s metallized paper market and is expected to uphold the market growth, especially in East Asia. China and India are the major markets for metallized paper, and are expected to gain y-o-y growth in upcoming years. The demand for labelling followed by wraps/overwraps are expected to grow at a higher rate in the South Asia, thereby fuelling the market growth. However, adoption of metallized paper in food and beverages industry is anticipated to grow at a sluggish pace with lack of innovation in the sector.

  • Metallized paper market in South Asian countries such as Indonesia and Malaysia are expected to grow at a higher rate in comparison with the other regions. Spain is anticipated to witness a higher growth in the metallized paper market, while Germany is anticipated to face an adverse growth due to a misbalance of metallized paper trade in the country.
  • Oceania and MEA regions will together constitute one-tenth of the global market of metallized paper. Oceania is a developed market for metallized paper, and the growth is anticipated to remain steady in the upcoming years. East Africa has been witnessing persistent growth of more than 6% in its GDP from past 3 years consecutively, similarly the growth of metallized paper market in the region is expected to grow by ~6% of CAGR during the period of 2022-2029.
  • Metallized paper market in North America is expected to show sluggish growth over the period of assessment, while the Latin American market is likely to witness consistent growth in upcoming years. The demand for food & personal care is expected to grow at its maximum in the year of 2024-2025, followed by labels and wraps. Northern Africa is expected to show the maximum CAGR among all the countries of MEA regions.

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Strategic Move to Enhance the Production Efficiency

Leading manufacturers of metallized paper products are focusing more on research & development to win in the innovation game of developing speciality papers. A number of products offered by the key players are trademarked, registered, and are easily available at the global market. Companies have increased up to 60% of its production capacity, especially Verso Corporation, Avery Dennison, Fort Dearborn, and UPM Raflatac.

Further, Nissha co. Ltd. has expanded its business operations based on industries, solutions, and product list, which helped the company to build diversified portfolio to increase overall revenue and market presence. Sysco Industries Limited is equipped with latest and technically advanced machinery to meet the efficiency in production of metallized paper, while Ulfex Ltd. has huge manufacturing capacity built up at strategic locations around the world.

Vacmet India Ltd,  Pg Paper Company Ltd., Uflex, UPM-Kymmene Oyj, Glatfelter, Lecta SA Polyplex Corp. Ltd are some organized manufacturers of metallized paper. There are many regional companies who are expected to add their contribution to the global metallized paper market during the period of 2019-2029.

Metallized Paper Market by Category

By Thickness:

  • Upto 50 GSM
  • 51-100 GSM
  • 101-150 GSM
  • Above 150 GSM

By Application:

  • Labels
  • Wraps/Overwraps
  • Decoration
  • Mailing Envelopes
  • Graphic Paper

By End Use Industry

  • Food
  • Beverages
  • Home Care
  • Personal Care
  • Electrical
  • Chemicals
  • Banking

By Region:

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

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

 

Thermoplastic Tape Market | European region which is expected to hold a prominent market share

The market for thermoplastic tapes is anticipated to reach USD 3.0 Billion by 2029 at a CAGR of 4.7% from USD 2.2 Billion in 2022. The global thermoplastic tapes market will account for roughly 23.9% of the US$73.6 billion adhesive tapes industry in 2022.

According to the FMI analysis, the market for thermoplastic tapes will grow at a rate of 1.4 times the value of the base year throughout the projection period, providing manufacturers with profitable investment prospects. According to the market analysis of thermoplastic tapes, the total amount of thermoplastic tape consumed globally is anticipated to rise by 4.5% YoY between 2022 and 2023.

Manufacturers Foresee Lucrative Opportunities in East Asia

Europe will continue to hold a prominent share in the thermoplastic tape market. However, high growth opportunities are expected in East Asia in 2021 and beyond. China is anticipated to represent high incremental opportunity and maximum growth rate in the region. With mounting environmental concerns, the government in the country are continuously imposing regulations to reduce dependency on fossil fuel, which led to increased adoption of composites in automotive and aircraft manufacturing. As a result, thermoplastic tape is likely to gain significant traction in the East Asian countries.

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Industry Leader’s Perspective:

According to  R&D Vice President of Arkema – leading player in the thermoplastic tape market, carmakers in Europe are focusing on the development of lighter vehicles by replacing metal components with composites, in order to achieve the carbon emissions cap for new cars which will drop from 130 grams to 95 grams per kilometre by 2020. The company’s thermoplastic is set to be a part of this solution, by offering lightweight, efficient, recyclable properties.

PAEK Resin Family Remain a Material of Choice

  • By thickness, thermoplastic tape of 0.21-0.40 mm is expected to hold prominent value share in the market. Although it remains the most common thickness range used in the end-use industries, manufacturers are likely to focus on offering varying range of thickness to sustain the demand for different applications.
  • On the basis of material, PAEK is a widely used resin family in thermoplastic tape, followed by polyamide resin. According to the manufacturers, high quality composites are formed when these materials are combined with carbon or glass fibers. However, the carbon-reinforced fiber provides more strength to thermoplastic tapes as compared to the glass-reinforced fiber.
  • By end-use industry, significant adoption by the automotive industry will continue to account for relatively high sales.

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Competitive Landscape

The key manufacturers operating in the thermoplastic tapes market are trying to focus on innovative product launch, expansion due to the increasing demand from the automotive and aerospace sectors.

  • In May 2021, Teijin Limited launched a new carbon fiber thermoplastic unidirectional pre-impregnated tape. This tape is based on PPS.
  • In Feb 2021, MaruHachi Corporation installed a new UP tape line for high-temperature thermoplastic tapes and multi-layer sheet laminates for demanding segments such as aerospace and automotive.

Thermoplastic Tape Market: Vendor Insights

The report highlights prominent market players who have established themselves as market leaders in the global thermoplastic tape market. Some of the key players operating in the global market are

  • Evonik Industries AG,
  • Toray Industries Inc.,
  • Solvay S.A.,
  • Teijin Ltd.,
  • Mitsui Chemicals Inc. and
  • Sabic Corporation, among others.

The global thermoplastic tape market is considered as consolidated with some market players holding prominent share of the market. Manufacturers in the thermoplastic tape market are investing in expansions and mergers to expand their product portfolio as well as their foothold in the market.

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Table of Content

  1. Executive Summary

1.1. Global Market Analysis

1.2. Global Market Outlook

1.3. Analysis and Recommendations

  1. Market Introduction

2.1. Market Definition

2.2. Market Coverage

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation

  1. Key Success Factors

4.1. Product Adoption Analysis

4.2. Product USPs / Features

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ABOUT FUTURE MARKET INSIGHTS, INC.

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