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HVDC Transmission Systems Market is expected to grow US$ 17.2 Bn from 2022 to 2028

Growing at a CAGR of 8.9%, the worldwide HVDC Transmission Systems Market is projected to increment from a valuation of US$ 10.3 Bn in 2022 to US$ 17.2 Bn by 2028. The HVDC transmission framework request represented practically 15% market portion of worldwide power transmission market.

The around US$ 7.5 billion HVDC transmission systems market is expected to areas of strength for notice in the income in 2019 and ahead. FMI has led organized market research on the worldwide HVDC transmission systems market. The report, named ‘HVDC Transmission Systems Market Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,’ assesses the market and undertakings a promising development standpoint for the market over coming years.

Based on FMI’s review, the worldwide market for HVDC transmission systems will observer noticeable interest age from power transmission ventures. Expanding interest for HVDC transmission systems in arising economies is supposed to especially drive the income development of worldwide HVDC transmission systems market soon, as per the report.

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Expensive Installation Remains Longstanding Factor Limiting Rapid Growth of HVDC Transmission Systems Market

On the flip side, HVDC transmission systems require the installation of various components, such as converters, smoothing reactors, and harmonic filters, to reduce or absorb the harmonics that are produced during the transmission process. These components, which are costly, add to the already high cost of installation.

High installation cost of HVDC transmission systems is thus estimated to be a prime factor hampering the growth of the market over the forecast period. Moreover, HVDC transmission systems require expensive conversion stations and spare parts for maintenance, which is also expected to challenge the growth of the global HVDC transmission systems market during the forecast period.

North America & APEJ to Remain Key Markets for HVDC Transmission Systems Manufacturers

An in-depth analysis of the market suggests that the overall size of the global HVDC transmission systems market will grow at a substantial rate during the forecast period. Several optimistic variations are likely to contribute to the growth of the HVDC transmission systems market.

By region, North America is estimated to dominate the global HVDC transmission systems market throughout the forecast period. North America, followed by Asia Pacific excluding Japan (APEJ), is estimated to remain among the dominant regions. APEJ, followed by Japan, is expected to expand at a high CAGR over the forecast period.

By system component, the solution segment is estimated to dominate the HVDC transmission systems market with a value of US$ 5,278.8 Mn in 2018. Among the solution segments, the AC & DC harmonic filters segment is expected to create an incremental $ opportunity worth US$ 674.6 Mn during the forecast period. However, the services segment is estimated to expand at a significant CAGR in the global HVDC transmission systems market over the forecast period.

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By technology, the Voltage Source Converters (VSC) segment is expected to hold a dominant value share in the global HVDC transmission systems market. The segment is projected to expand with a high CAGR owing to the increasing applications of VSCs in wind farm grids for underground power transmission.

By deployment, subsea & underground cables are gaining popularity as these cables transmit lower losses than overhead cables. In value terms, the subsea segment is projected to create an incremental $ opportunity worth US$ 3,068.8 Mn in the global HVDC transmission systems market over the forecast period.

How Has COVID-19 Crisis Impacted The Sales Of HVDC Transmission Systems?

The global components of HVDC transmission systems are forecast to declining in the last one and half years owing to supply chain disruptions caused by the COVID-19 outbreak. There is government rules and municipal governments established strict restrictions, and all non-essential activity were halted. Because end users’ activities were halted, this had a negative impact on the HVDC transmission systems industry.

The HVDC transmission systems market is expected to witness a rebound from the second to the third quarter of 2022. There is continuous development and implementation of new technology/solution such as AC & DC harmonic filters, DC lines and circuit breakers for improve transmission line efficiency, and allowing power to be transferred more quickly.

Competitive Landscape

The HVDC transmission system solution providers also focus on launching innovative solution and expanding its HVDC transmission system solution offerings to deliver enhanced technology as well as offer new and upgraded solutions in new markets. The business alliances strategy helps the company in product development, technological management, and in expanding its customer base.

In November 2018, ABB Ltd., a pioneering technology leader enabled the world’s first high-voltage direct current (HVDC) grid in China.
In March 2021, Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology.

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Key Segments Covered

By System Component

Solutions
Services

By Technology

LCC
VSC
Others

By Deployment

Overhead
Underground
Subsea
Combination

By Power Rating

Below 1000 MWs
1001 to 2000 MWs
2001 MWs and above

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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Recyclable PE Pouch Market is expected to grow at a CAGR of 5% during the forecast period 2028

As of 2022, the market for recyclable PE pouches is expected to be worth US$22 billion. The market is estimated to expand at a CAGR of 5% over the course of the forecast period and will be worth US$35.84 billion by 2032.

Demand for recyclable PE pouches is anticipated to rise over the forecast period due to a variety of factors, including rising demand for recyclable plastic pouches, stricter regulations against the use of plastic, and many more. The UNEP’s objective to promote sustainable and healthy living is consistent with the use of recyclable PE pouches. This has encouraged the producers to use these recyclable pouches because they significantly lessen the problem of landfill and land contamination.

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Feature-packed Pouches Find Myriads of Adoption Areas

There are several types of plastic pouches available worldwide for different applications. However, global need towards the recyclable plastic products and rising stringent norms against it are expected to create a healthy outlook for recyclable PE pouch market during the forecast period. Recyclable PE pouch is expected to reduce the carbon footprint due to its fully recyclable nature.

The recyclable PE pouch offers features of easy opening with controlled tear opening and reclosable through ziplock or velcro. Recyclable PE pouch is highly recyclable and follows national as well as international legislation.

The recyclable PE pouch is uniform & tear-resistance pouch and offers high barrier properties against moisture, light, and gases. Therefore the recyclable PE pouch is widely used for packaging products such as food, beverage, pet food, cosmetics, and personal care, home care, pharmaceutical, and other industries. Thus, the global outlook for recyclable PE pouch market is expected to remain positive during the forecast period.

Recyclable PE Pouch Market: Dynamics

The flexible packaging solutions have made the packaging of certain commodities easy and convenient due to its lightweight nature. However, its difficult recycling is expected to limits its usage to specific applications. Thus, the 100 % recyclable PE pouch is expected to gain the significant attention of various end-use industries during the forecast period.

Continued economic growth, favorable demographic trends, government reforms, and initiative and increasing income levels are expected to fuel the growth of global recyclable PE pouch during the forecast period. Also, the new developments in recyclable PE pouch including resealable pouch, smaller pouch size, and easy accessibility are likely to fuel the growth of global recyclable PE pouch market during the forecast period.

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Recyclable PE Pouch Market: Regional Outlook

North America region is expected to dominate the global recyclable PE pouch market during the forecast period owing to the largest market share. The U.S. in the North America region is expected to be highly attractive in terms of market share while Canada is expected to be a highly attractive growth rate during the forecast period.

Western Europe is expected to follow the North America region in terms of recyclable PE pouch market and projected to register notable growth rate during the forecast period. Germany in Western Europe is expected to highly attractive in terms of market share and growth rate.

The Asia Pacific excluding Japan (APEJ) region is expected to register a high growth rate of recyclable PE pouch market during the forecast period. In APEJ, China is expected to accounts for largest market share while India is expected to register high growth of recyclable PE pouch market during the forecast period. The Eastern Europe region is projected to register a remarkable growth rate of recyclable PE pouch market during the forecast period.

Recyclable PE Pouch Market: Key Players

Some of the key players operating in the global recyclable PE pouch market are:

Mondi Group
Bemis Company, Inc.
Amcor Limited
Sonoco Products Company
ProAmpac LLC
Werner & Mertz GmbH
Packline USA.
Elif Holding A.S.
The Dow Chemical Company (Dow Packaging)
Winpak Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

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Recyclable PE Pouch Market: Segmentation

On the basis of material type, the recyclable PE pouch market is segmented into:

Low-density polyethylene (LDPE)
High-density polyethylene (HDPE)
Linear low-density polyethylene (LLDPE)

On the basis of Pouch type, the recyclable PE pouch market is segmented into:

Stand-Up Pouches
Flat Pouches
Spouted Pouches
Retort Pouches
Others

On the basis of end use, the recyclable PE pouch market is segmented into:

Food
Dairy & Ice Cream
Crisp, Snacks, & Nuts
Cooking Aids & Spreads
Confectionery
Beverage
Hot Fill
Sports & Energy Drinks
Soft Drinks
Water

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Lid Laminates Market – Global industry segment analysis, regional outlook, share, growth by Future Market Insights

Lid laminates are composite materials that have been coated or laminated and are made of plastic, paper, or metal. They serve as a protective layer for the product. Lid laminates are best suited for usage on ready-to-eat food goods, such as dairy products, as well as on chemical-type products. Vacuum bags, flow pack systems, and modified atmosphere packaging (MAP) all use lid laminates. Lid laminates can be enhanced with ALOX, EVOH barrier, antifog, and peel & reclose systems to increase efficiency.

These laminates are simple to peel and are appropriate for a variety of substrates, including glass and plastic. Additionally, lid laminates provide the food a longer shelf life, assisting in maintaining the product’s freshness for a longer period of time

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Global Lid Laminates Market: Dynamics

With the changing lifestyle and developing tastes, the demand of for ready to eat food is increasing which in turn increases the demand for lid laminates in the market. The protective shield provides by lid laminates locks the freshness of the product. Also, the manufacturers are preferring the lid laminates as it serves as a protective layer and locks the moisture content of the products.

Lid laminates are adopted by the key players in the food and beverage industries as it can be used for brand enhancement purposes and for the fresh appeal of the product, which is one of the major factor in the driving the market of lid laminates globally. Properties such as tear and puncture resistance & waterproof are some of the factors escalating the market. However, ready to eat food items increases obesity problems and health issues which in turn can decline the market of lid laminates in the near future.

Global Lid Laminates Market: Regional Outlook

Geographically, the global lid laminates can be segmented based on the region like North America, Latin America, Western Europe, Eastern Europe, MEA, APEJ & Japan. Europe has the major market in the lid laminates and is estimated to dominate the market in the near future. India and China are expected to witness growth in the lid laminates owing to the increasing consumption of ready to eat food items & rising expenditure pattern. North America and Europe region is expected to witness growth in the lid laminates market in the near future.

Global Lid Laminates Market: Key Players

Some of the global key players in the market of lid laminates are as follows

Kris Flexipacks Pvt Ltd.
Clondalkin Group Hooldings B.V.
Wipak Oy
Maria Soell GmbH
Fatra Folam
Pakmar Inc.
Gualapack Group

Many local and unrecognized players are expected to contribute to the global lid laminates market during the forecast period.

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Global Lid Laminates Market: Key Developments

Some of the global key developments in the market of lid laminates are as follows:

Kris Flexipacks Pvt Ltd. introduced lid laminates that can be used on TFFS, high speed single or multi track filling lines. These lids incorporate tamper evidence with decoration.
Maria Soell GmbH has introduced biodegradable lid laminates in 2017. These biodegradable lid laminates consist of combination of the natural product paper with biopolymers. Lid laminates provided by the company has biodegradable and heat sealable properties and also provide a mineral oil barrier that is essential in food packaging.

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

Global Lid Laminates Market: Segmentation

On the basis of material type, global lid laminates market can be segmented as:

Paper
Aluminum
Plastic
Polyethylene (PE)
Polystyrene (PS)
Polyethylene terephthalate (PET)
Biaxially-Oriented Polypropylene (BOPP)

On the basis of product type, global lid laminates market can be segmented as:

Easy Peel Lid laminates
Break Seal Lid laminates

On the basis of technology used, global lid laminates can be segmented as:

Gravure Printing
Flexo Print
Digital inkjet Printing Technology

On the basis of end use industry, global lid laminates can be segmented as:

Food
Beverage
Chemical
Pharmaceutical
Cosmetics and Personal Care

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Medical Tray Sealers Market – Global Industry Analysis, Share, Size and Forecast 2028

Medical tray sealers are used to seal the trays, as their name suggests. Each medical tray sealing device is built to satisfy consumer demands for tray and product infeed, pack discharge, labelling, and quality inspection. The medical tray sealers market is divided into automated and semi-automatic medical tray sealers based on the type of machine used. Plastic, aluminium, cardboard, foamed materials, and other materials are all sealed by medical tray sealers.

With careful tray handling, medical tray sealers provide quick and effective pack output. Medical thermoform trays and blister packs are sealed with medical tray sealers. Tyvek lids are sealed to thermoform trays for medical devices, surgical instruments, and pharmaceutical blister packs using medical tray sealers.

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Global Medical Tray Sealers Market: Dynamics

Medical tray sealers are easy to operate with low maintenance requirements and are available in range of options to suit the manufacturer’s need. Medical tray sealers are suitable for medical device and pharmaceutical cleanroom operations.

Medical tray sealers seal a range of coated lid stock including Tyvek, foils, films and paper. Nelipak health care packaging offers customized medical tray sealers. The company offers a range of medical tray sealers including single station table top medical tray sealers, multi-station medical tray sealer with rotary table and linear medical tray sealers.

Multivac Inc. provides medical tray sealers designed for cleanroom compatibility with an enclosed cooling water circuit that permits tooling changes without water disconnection. Atlas vac machine offers medical tray sealers with an innovative design. Powder coatings are applied on the frames and other structural components while sealing. This provides a clean and cost effective surface that will hold up for years. Technologies such as RFID tool verification, barcode scanners and UDI compliance are available in the medical tray sealers.

Medical tray sealers have a sealing area within the range of 10*10 inches to 38*30 inches and can seal a tray having a depth up to 8 inches. Medical trays are mostly used to package class II medical devices and as the market for class II medical devices is rapidly growing, it is expected that medical tray sealers will also witness a positive growth during the forecast period.

Global Medical Tray Sealers Market: Regional Overview

The medical tray sealers market is expected to register a healthy CAGR during the forecast period. North America accounts for a lion’s share in the global medical tray sealers market as there are number of manufacturers in the U.S.A, followed by Europe. Due to the rise medical tray packaging for class II devices such as syringes, diagnostic kits, catheters etc., the market for medical tray sealers is expected to grow at a steady rate

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Global Medical Tray Sealers Market: Key Players

Nelipak
Atlas Vac Machine
Apex Packaging Corporation
Belco Packaging Systems
Accu-Seal
Medical Systems for Industry]
Cama Group
Sencorp White
Multivac Inc.

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

Regional analysis includes

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

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Global Medical Tray Sealers Market: Segmentation

Global medical tray sealers market is segmented on the basis of sealing area into (inches):

Less than 20*20
20*20- 30*25
More than 30*25

Global medical tray sealers market is segmented on the basis of operational mode into:

Semiautomatic
Automatic

Global medical tray sealers market is segmented on the basis of packaging applications into:

Surgical Devices
Pharmaceuticals
Medical consumables and disposables
Others (Tubes, diagnostic kits etc)

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Biodegradable Meal Trays Market: Global Industry Analysis and Opportunity Assessment; 2028

Food delivery and catering businesses have seen excellent growth over the last five years. In a race against time to offer the quickest services, food delivery and catering services. The biodegradable meal tray manufacturers must now consider issues including spillage, temperature, and poor food quality like sogginess. For consumer convenience and improved food presentation, biodegradable meal trays come in a variety of partitions.

Bagasse, a waste by-product of sugarcane, bio-plastics, and paper & paperboard are used to make biodegradable meal trays. Due to its sustainability, biodegradability, affordability, and adaptability, biodegradable meal trays are in high demand. The versatility of biodegradable meal trays allows them to be customised to the individual demands of consumers. They can accommodate both hot and cold dishes

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Global Biodegradable Meal Trays Market: Dynamics

Biodegradable meal trays are an economic and convenient choice for restaurants and cafes as the compartment in the trays keep the food separated and organized. This becomes convenient for the restaurant and take away services that offer snacks and appetizers that come with dips and sauces. Eco-kraft paper biodegradable meal trays are also available which are widely used by the food truck owners. These eco-kraft paper biodegradable meal trays are made from chlorine-free manufacturing process which uses less raw material and water.

All the natural Kraft paperboard material is sourced from sustainably managed forests and contains at least 18% recycled wood fiber content. These trays are not available with partitions and are used to serve foods like, french fries, chicken tenders, mozzarella sticks or cold items such as veggies, fruits, pasta salad etc. The one-piece construction of biodegradable meal trays ensures sturdy and reliable use while the open top design allows users to effortlessly top their tray with assorted sauces, dips and condiments. These biodegradable meal trays are easily disposable when a function or an event has ended and is perfect for picnics.

Biodegradable meal trays manufacturers are focusing on consumer preference and offering trays that are microwave, freezer and oven safe. Despite the extensive usage of disposable containers, given how Indian meals have at least one curry based dish, the market is still widespread with manufacturing issues. Adding to this the recent ban on plastics across Indian states has restaurants to look for alternative, more ecofriendly solutions. The ban on plastic products is expected to fuel the market for biodegradable meal trays during the forecast period.

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Global Biodegradable Meal Trays Market: Regional Outlook

The biodegradable meal tray market is expected to register a healthy CAGR during the forecast period. North America accounts for a lion’s share in the global biodegradable meal tray market followed by Europe. Due to the rise in the restaurant, cafes and food truck business the market for biodegradable meal trays is expected to grow at a steady rate. Consumer awareness for harmful effects of plastic meal trays has resulted in the increase in production and consumption of biodegradable meal trays in Europe.

Global Biodegradable Meal Trays Market: Key Players

AS Food Packaging
Cosmos Ecofriends
Suzhou Ecos Tableware Co. Ltd
Green Paper Products
Genpak
Be Green Packaging
Visfortec Pvt Ltd
Nature Packwell Pvt Ltd.
Ecoware
Suyuan Bio-Products Co. Ltd
Bonito Eco Packaging Co. Ltd

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

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Global Biodegradable Meal Trays Market: Segmentation

The Global biodegradable market is segmented on the basis of number of compartments into:

The Global biodegradable market is segmented on the basis of material:

Kraft paper
Bagasse
Bio-plastic
Bamboo
Bulrush

The Global biodegradable market is segmented on the basis of application:

Cold & Frozen Food
Prepared food and ready to eat food
Kosher meals
Others

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Tumble Dryer Market is Likely to Register a CAGR of 2.6% During the Forecast Period

The tumble dryer market is expected to reach US$ 20.14 Bn in 2032 and is likely to surge at a CAGR of 2.6% during the forecast period of 2022 – 2032

This Tumble Dryer market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.

This study is one of the most comprehensive documentation that captures all the facets of the evolving Tumble Dryer market.

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Global Tumble Dryer Market Outlook

The global home appliances market is experiencing steady growth at a CAGR of 2.6% at a CAGR of 2.6%. Reasons for the growth are growing middle-class economy, improved disposable income levels in developing countries, increase in labor costs, busy lifestyles and the availability of a range of home appliances at competitive prices.

With the boom of digitalization, consumers have become tech-savvy and have strong knowledge regarding the use and benefits of all modern appliances.

Since 2012, number of smart appliances introduced in the market has increased. Having smart appliances at home has become the trend and status symbol for the consumers. The emergence of smart homes is helping the creation of being connected to the end-user’s smartphone and monitored remotely. Tumble Dryer is a very popular product in home appliances market and usage in different countries are increasing.

Global Tumble Dryer Market: Reasons for Covering this Title

Tumble Dryer is very popular product in the market and the growing need for energy-efficient electric dryers is one of the primary reasons for the growth prospects of dryer market. In recent years, consumers are opting for energy saving dryers that can help them to prevent energy wastage and save money on utility bills and this is leading the manufacturers to introduce many energy-efficient dryers in the market.

There are few feature that allows warm air to pass directly through the load and speeds up the drying process which significantly reduces energy usage. There are modern energy-efficient dryers that comes with moisture sensor bars that measure the dampness level of the load, which prevents over-drying and energy wastage. Moreover, government authorities are offering rebates on ENERGY STAR certified tumble dryers, which is leading to increase in adoption over the next few years.

Global Tumble Dryers Market: Key Players

Some of the key players operating in the global Tumble Dryers market are Alliance, American Dryer, Pellerin Milnor, Miele Professional, Electrolux Professional, Maytag, Dexter Laundry, GIRBAU, Schulthess, Renzacci, Haier, Samsung, LG, Danube, ASKO and Whirlpool among others.

Tumble Dryers Market: Key Trends

Manufacturers are strategizing on energy saving technologies where they are coming up with new technology called Heat Pump Tumble Dryer

The trend towards condenser dryers is continuing with the rise in sales rising. As they are more convenient to install than vented and consumers are more likely to adopt and buy
Modern electric dryers offer innovative features that can change the future of the appliance in the market. Players such as LG and Whirlpool are offering features which help the consumer monitor and control the machine with their smartphones

Tumble Dryers Market: Key Developments

In 2016, total sales of home appliances is up by 9% to with widespread promotional activity of all categories. Tumble dryers has recorded the greatest percentage uplift over the year and value sales improved by 12%
In 2016, Whirlpool came up with the washer dryer set with ultra-noise reduction technology

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Opportunities for Tumble Dryers Market Participants

Over the past couple of years, industrialization has been surging at a significant rate in various parts of the world specifically in the Asia Pacific region. Consumers are more attracted towards new technologies and western culture and due to which there is lot of opportunity for the manufacturers to bring in the change. They are keen in saving electricity. This one critical factor paves a critical opportunity for Tumble Dryer Market to gain traction among its target segment over the forecast period.

Brief Approach to Research for Tumble Dryers Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature and formats covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period.

The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Tumble Dryer Market sizes.

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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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Induction Hob Market is Estimated to Reach at a CAGR of 9% by the end of 2032 | FMI

The global induction hob market is projected to garner a market value of US$ 19 Million in 2022 and is expected to record a CAGR of 9% during the forecast period from 2022 to 2032. The market is likely to secure around US$ 44 Million by 2032.

The team of researchers at Future Market Insights are focussing on research and market study to produce different Induction Hob Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Induction Hob Market.

Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

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Key Players

Global Induction Hob Market key vendors include :

Toshiba
Haier
Gree Electric Appliances
SMEG
Whirlpool
Mitsubishi Electric
Daikin Industries

Segmentation

The Induction Hob market is segmented into application, form, end use industry, source and geography.

On the basis of types, the global Induction Hob Market has been segmented as –

Free standing & portable cooktops
Built-in cooktops

On the basis of application, the global Induction Hob Market has been segmented as –

Household
Commercial

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On the basis of the distribution channel, the global Induction Hob Market has been segmented as –

Direct
Indirect
- Hypermarket/Supermarket
- Specialty Stores
- Independent Stores
- Online Store
- Others

Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

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We provide authentic and detailed analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.

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Polystyrene Packaging Market is forecasted to register a 4.4 % CAGR during the forecast period

As per Future Market Insights (FMI), the polystyrene packaging market is expected to gain immense traction, registering a CAGR of 4.4% between 2022 and 2032. Sales are expected to increase from US$ 23 Bn in 2022 to US$ 35.5 Bn in 2032. This is due to its ability to adapt based on the different requirements. Transparency that is product visibility plays an important role in various industries such as food, healthcare, and others.

The polystyrene packaging offers product visibility which attracts the end users amid growing trend of transparency and clean label. Also, the polystyrene packaging extends the shelf-life of the product by keeping the product fresh. This is expected to surge the demand for the same in food industry.

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Polystyrene is a polymer, which is made out of stringing styrene together. Styrene can be manufactured from petroleum or it is also naturally found in many food items. Expanded polystyrene is a type of polystyrene, which is environmentally friendly and is also recyclable. Manufacturers are focusing on polystyrene packaging due to various advantages like being cost-effective, and adaptive, also helps in maintaining food items fresher and it provides clarity to the product as it is transparent.

As a result, polystyrene material is used due to various properties and it also helps in reducing food-borne illnesses. Its property of maintaining food fresh has increased the demand for polystyrene packaging as it helps restaurants and online delivery services in maintaining the qualified food items and end-users could be made satisfied.

Key Takeaways from Global Polystyrene Packaging Market

Sales of cups segment are expected to increase 1.9x by the end of 2032 due to increasing demand for polystyrene cups in food & beverage sector.
In terms of end-use, the food & beverage industry is expected to grow at CAGR of 5.5% between 2022 and 2032.
South Asia and East Asia are estimated as lucrative markets for polystyrene packaging
India is expected to dominate the South Asia polystyrene market on the back of expansion of pharmaceutical industry.

“Polystyrene, from which EPS foam is made have properties like compressive strength, tensile strength, and thermal insulation. This is expected to gain traction in a multitude of industries, including food & beverage and pharmaceutical in the upcoming decade.” – Comments FMI analyst

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Increased Demand from Pharmaceutical Industry to Boost Polystyrene Packaging Market

As per FMI, healthcare and pharma both are revenue-generating industries. Polystyrene is a material with properties of stability, versatility and insulation used for packaging healthcare-related materials. In the pharmaceutical industry, reliability and freshness are important and polystyrene helps in maintaining them.

Polystyrene also helps in preventing contamination, which is very important for the pharma industry. Hence, the increased demand for pharma materials is driving the polystyrene packaging market and the trend is likely to continue over the next decade.

Global Polystyrene Packaging Market Landscape

ACH Foam Technologies, Alpek SAB de CV, Jackon, Monotez, Sunpor Kunststoff, Styrochem, Versalis, Sonoco Products Company, Sealed Air Corp, Huhtamaki Oyj, Rogers Foam, NEFAB GROUP, Huebach Corporation, and Ohishi Sangyo Co.,Ltd.

Global Polystyrene Packaging Market Report

Future market insights, in its new report, offers an unbiased analysis of the global market for polystyrene packaging market by materials (foam and plastic), by product (bowls, cups, bags, pouches, wraps & films, boxes & clamshell and plates & trays), by end use industry (food & beverage, pharmaceutical, electrical & electronics, cosmetics & personal care, automotive, aerospace and consumer goods), across seven regions.

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Global Polystyrene Packaging Market by Category

By Material, Global Polystyrene Packaging Market is Segmented as:

Foam
Plastic

By Product, Global Polystyrene Packaging Market is Segmented as:

Bowls
Cups
Bags
Pouches
Wraps & Films
Boxes & Clamshell
Plates & Trays

By End Use Industry, Global Polystyrene Packaging Market is Segmented as:

Food & beverage
Pharmaceutical
Electrical & Electronics
Cosmetics & Personal Care
Automotive
Aerospace
Consumer Goods

By Region, Global Polystyrene Packaging Market is Segmented as:

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

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About Future Market Insights, Inc.

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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Portable Toilet Rental Market is Expected to Reach at a US$ 19.5 Billion in 2022

The global portable toilet rental market was worth US$ 18.16 Billion in 2021, expected to reach US$ 19.5 Billion in 2022. From 2021 to 2022, a Y-o-Y increase worth 7.4% is anticipated. During the forecast period, the market is predicted to increase at a CAGR of 8.7%, reaching a market value of US$ 45 Billion.

In non-developed and developing countries, where people commonly lack access to proper sanitation, open defecation is practically certain to increase the risk of disease and groundwater contamination. To address these issues, several nations have taken action and contributed humanitarian funds.

Due to their adaptability and availability of a wide range of alternatives, portable toilets are a popular choice for a variety of purposes. People’s growing concern for cleanliness is driving up demand for portable restroom rentals and expanding the market size over the course of the study.

Government regulations are a significant factor in the need for portable restrooms. For outdoor events like fairs, carnivals, fun runs, outdoor theatre performances, and other special occasions, several governments, for instance, mandate the renting of portable toilets.

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For instance, the Indian government has set a deadline of 2020 for achieving total sanitation, with the aim of ending open defecation and enhancing the cleanliness of the nation. In the upcoming years, it is anticipated that this trend will raise the demand for portable toilet rentals in these locations.

Key Takeaways from the Market Study

The global Portable Toilet Rental market is estimated at USD 18.16 Billion in 2021.
The global Portable Toilet Rental market is estimated at US$ 40 Billion during the forecast period.
From 2022 to 2032, North America is predicted to grow at a 7.6% CAGR.
China is anticipated to grow at 5% CAGR.
From 2022 to 2032, the special events portable toilet application is expected to grow at a CAGR of 9.3%.

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Competitive Landscape

The industry is tremendously competitive due to a large number of enterprises and low entry barriers. However, due to the region’s booming construction industry and growing number of infrastructure projects, the Asia Pacific portable toilet market is anticipated to grow quickly. Future portable toilet market growth will be fueled by an increase in the number of event promotions and concerts, as well as increased demand from construction sites. Recent notable figures include:

Sanitech
Satellite Industries, Inc.
ADCO Group
B&B Portable Toilets
PolyJohn Enterprises Corporation
United Site Services Inc.
Biffs, Inc.
Halco Portables
Handi-Can Portable Toilets
West Coast Disposal Ltd.

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Key Segments Covered in the Portable Toilet Rental Industry Report

Portable Toilet Rental Market by Product:

Standard Portable Toilet Rental
Luxury Portable Toilet Rental

Portable Toilet Rental Market by Application:

Portable Toilet Rental for Construction
Portable Toilet Rental for Special Events
Portable Toilet Rental for Recreational Applications
Portable Toilet Rental for Commercial Applications

Portable Toilet Rental Market by Technology:

Vacuum-based Portable Toilet Technology
Gravity-based Portable Toilet Technology
Other Portable Toilet Technologies

Portable Toilet Rental Market by Region:

North America Portable Toilet Rental Market
Latin America Portable Toilet Rental Market
Europe Portable Toilet Rental Market
Asia Pacific Portable Toilet Rental Market
Middle East & Africa Portable Toilet Rental Market

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More Valuable Insights Available

In its latest release, FMI provides a fair study of the global filter bag market, including historical market data (from 2017 to 2021) and projections for the years 2022 to 2032.

The study provides key findings by Product (Luxury Portable Toilet Rental and Standard Portable Toilet Rental), By Application (Portable Toilet Rental in Construction, Portable Toilet Rental in Special Events, Portable Toilet Rental in Recreational, and Portable Toilet Rental in Commercial), and By Region (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).

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Paper Bottles Market size is estimated to be worth around US$ 64.2 Mn in 2022

The market for paper bottles is anticipated to reach a value of US$ 64.2 million by 2022 and then grow at a CAGR of 5.4% to US$ 108.2 million by 2032. Paper bottle sales are expected to soar, with the top three nations controlling around 38% of the market in 2022.

As end users prefer paper bottles for their product storage and distribution while still retaining demand for beverages and personal care products, it has been noted that the demand for paper bottles is gradually rising on a global scale. People readily identify paper water bottles, which gained popularity throughout the evaluation year in the context of the green environment.

Paper bottles can be a possible substitute for plastic bottles when talking about sustainability and environmental pollution is the concern. Conversion from plastic to a complex substitute in packaging products like soap dispensers, shampoo bottles, medicine, air freshener sprays, home cleaners, etc. can be looked upon in the nearby future and hence, it is anticipated that the demand for paper bottles will uplift in the forecast period.

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What are the Key Trends Impacting Growth of the Paper Bottles Market?

The global packaging industry has undergone notable changes in the past few decades, changing consumer viewpoints and inclination drives the direction of change of packaging solutions. The consumer awareness for sustainable packaging formats has uplifted over the years, products such as sustainable and biodegradable bottles are anticipated to witness a rise in demand and sales in the forecast period.

Additional to sustainability, product packaging in alcohol industry is also shifting from glass/metal packaging to paper packaging which will lift up the market growth.

How Usage of Paper Bottles will improve the Sustainability Aspect of the Environment?

Employing the usage of paper bottles when compared to plastic bottles mark a great impact on the environment and the sustainability factor in terms of less landfilling and water pollution which is affecting the water life. Along with that, the emissions that are produced in the manufacturing of paper bottles are negligible as compared to the manufacturing of plastic bottles. 

Paper bottles are biodegradable as it employs the use of the degradable material like paper which creates no solid residue pollution on the land, whereas in case of the plastic bottle it creates an enormous amount of air pollution along with water pollution. Paper bottles are an excellent combination of two major components, plant pulp and plant-based fibers which make the product attain high levels of sustainability, thereby addressing the concern.

In what ways Paper Bottles can gain up their demand in the Packaging Market Positively When Compared to Plastic Bottles?

Paper Bottle being a sustainable packaging product is contrived from numerous raw materials, such as biodegradable pulp mixture of the husk, bamboo, wheat straw, pulp from sugar cane, and/or bulrush. Shape and size are completely customizable according to the consumer’s needs or the manufacturer’s needs. 

The factors such as versatility available in different sizes, shapes and colors, sustainability- in terms of decomposition and recycling, and improvement in the quality of life will act as market drivers for the market thereby growing the market in the forecast period.

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Competitive Landscape

Most of the key players operating in the paper bottles market are switching towards the usage of advance packaging. Leading players similarly utilize new product development as an essential method for growing their market presence among customers. Some of the recent developments in the market are as follows:

In March 2022, PAPACKS Sales GmbH partnered with Keurig Dr Pepper Inc. to develop a fully recyclable and compostable paper bottle.
In June 2021, Unilever launched its first ever paper-based laundry detergent bottle.
The Absolut Company (TAC) announced on September 4, 2020, that as part of the Paper Bottle Company effort, they would be releasing 2,000 paper bottle prototypes. The prototype is made up of 57 percent paper and 43 percent recyclable plastic that is also produced entirely of recycled materials.

Paper Bottles Market by Category

By Capacity, Paper Bottles Market is Segmented as:

15 ml to 100 ml (Small)
101 ml to 500 ml (Medium)
Above 500 ml (Large)

By Primary Usage, Paper Bottles Market is Segmented as:

Everyday
Sports
Others (Travel, etc.)

By End Use Industries, Paper Bottles Market is Segmented as:

Water
Beverage
- Alcoholic
- Non-alcoholic
Personal Care &Cosmetics
Others (Homecare & Toiletries, etc.)

By Region, Paper Bottles Market is Segmented as:

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

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About Future Market Insights, Inc.

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