Wednesday, 30 January 2019

Foam Protective Packaging Market Is Set For A Rapid Growth By 2026

Protective packaging has gained importance for its role in eliminating the incidences of physical damages to packaged goods during shipping process. Foam materials are being widely used for offering high-level protection to the packaged goods. Foam protective packaging solutions are being developed to meet the diverse packaging needs for a range of products. Companies providing foam protective packaging solutions are focused upon fabricating their products according to the container dimensions and package sizes. Moreover, several players in the global foam protective packaging market are offering prototypes and incorporating advanced design engineering technologies to facilitate utmost levels of corner protection, shock absorption, and edge protection.

Plastifoam Company, Sonoco Products Company, Sealed Air Corporation, Pregis Corporation, Volk Packaging Corporation, DRB Packaging, Rogers Foam Corporation, Wisconsin Foam Products, Armstrong Brands, Inc., and Tucson Container Corporation are observed as global leaders in offering foam protective packaging to multiple industries. Transparency Market Research’s recently published forecast study observes that these companies will play a key role in instrumenting the growth of the global foam protective packaging market. However, the report estimates that during the forecast period, 2017-2026, the global foam protective packaging market will expand at a sluggish CAGR of 3.2%, bringing in just over US$ 5.3 Bn in global revenues by the end of 2026. The report has addressed the key factors restraining the growth of the global foam protective packaging market.

Key Restraints for Adoption of Foam Protective Packaging

While the players in the global foam protective packaging market will be compelled to divest their capital in offering prototype sampling, part production and custom fabrication, there are several key restraints beyond their control that may curb their business growth to considerable extent.

  • The use of foam materials in packaging is gradually witnessing a growing ban across several parts of the world. Ban of foam materials will ultimately cause complexities in raw material procurement for foam protective packaging companies.
  • Environmental protection agencies are coercing market players to consider recycling and reusing of foam protective packaging products. This has spiked the operating costs of companies and lowered the profit margins.
  • Catering to the diverse specifications of product packaging is a resolvable challenge, yet, entails a considerable expenditure on recalibration of production machineries and replacement of traditional protective packaging methods.

3D Printing Medical Devices Market: Software and Services to Gain Increased Demand

A stew of medium and small scale industries have barged into the global 3D printing medical devices market, making it a high competition amongst the players, notices Transparency Market Research in a newly published report. In order to fortify a strong foothold, organizations are trying to collaborate with local companies. Expansion of product portfolio, product differentiation, accompanied with deep research are the other things that the players are focusing on in order to build their brand name.  Some of the key players in the global 3D printing medical device market are Materialise NC, SLM Solutions, Arcam Ab, FabRx Ltd., Cyfuse Biomedical K.K., Concept Laser, 3D Systems Inc., Envision Tec, and Organovo Holdings.

On the basis of component the market is classified into material, printer, software and services. Amongst these the software and services accounted for the highest share and is expected to continue so during the forecast period. This is because of the installed printers which requires maintenance and services overtime, is bolstering the market growth. Geographically, the North America holds the largest share in term of revenue and is expected to continue so in future.

It is anticipated that the global 3D printing devices market to be worth around US$3513.o mn in terms of revenue by 2025 from revenue worth of US$713.3 mn accounted in 2016. During the assessed period, the market is anticipated to expand at 17.7% of CAGR.


Tremendous technological advancement happening in the 3D printing sector after the arrival of this concept is pushing the global 3D printing market to perform better. This is because the 3D printing sector finds its abundant usage in healthcare sector apart from construction, military and automobile sector. The 3D printing medical device has recently gained popularity among the patients. It has gained the trust of both doctors and patients, thus fueling the market growth. Rise in need 3D printing medical device for implants, surgical instruments, tissue fabrication, surgical instruments, and prosthetics has increased the demand for these device.

High Initial Cost To Deter the Market Growth

Thought the 3D global medical device is expected to grow at a steep rate, but strict regulations in various countries regarding the sale of these devices imposed by both private and government agencies is expected to deter the market growth rate. The market is also challenged by the high initial cost of such devices. Other factors such as heavy funds required for a small organization to have a strong foothold in the market is curbing the growth rate. Another major factor which is expected to bring down the growth rate of the market is absence of skilled expertise and the lack of accessibility of such advanced device in the rural or underdeveloped region.

Out of Home Tea Market: Changing Consumer Preferences to Augment Demand

The global out of home tea market is anticipated to witness a sturdy rate of growth in the coming years, as reported by Transparency Market Research (TMR). The report, titled, “Out of Home Tea Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” sheds light on the intense competition among established vendors and the mushrooming local vendors. The overall out of home (OOH) tea market comprises of a large number of international as well as local vendors, who compete on various factors such as quality, price, reputation, innovation, distribution and service. The market participants are expected to implement innovations according to the changing tastes of the consumers to thrive in the global out of home tea market. Some key vendors in the market are Nestle, Tata Global Beverages, ITO EN Inc., ABF, Starbucks Corporation, and Celestial Seasoning Inc., among others.

Based on revenue, TMR’s report estimates that there will be opportunities worth US$39,329.8 mn by 2025 in the global OOH tea market by the end of 2025, substantially more that the market’s evaluated valuation of US$17,835.9 mn as of 2017. On the basis of this evaluation, the global out of home tea market is predicted to rise at a robust 10.4% CAGR. Based on product, the segment of black tea is expected to continue holding a large market share, with an earlier share of roughly 33% in the overall market.

Asia Pacific to Emerge as Leading Region, for All the Tea in China

In 2016, the segment of tea bags held a dominant share of the global out of home tea market, and this trend is expected to continue over the coming years. The popularity of tea bags could be ascribed to the fact that dried and crushed leaves, packaged in suitable sachets or bags, are much more convenient to use anytime and anywhere. In hospitality industries such as hotels, restaurants, pubs and quick service restaurants, along with outdoors and workplaces, tea bags tend to be used widely.


Geographically, Asia Pacific is presently a highly lucrative region by a substantial margin. By the end of 2025, the Asia Pacific out of home tea market is predicted to hold a market evaluation of US$29,741.2 mn, which would nearly three quarters of the global demand. Asia Pacific region is anticipated to witness a healthy rise in the green tea segment on account of the health benefits of the product such as being useful for weight loss, high metabolism rate, rich in anti-oxidants, and good for body aeration.

Health Benefits of Green Tea to Establish into a Leading Trend

Properties of green tea such as it being anti-oxidant and anti-bacterial prove it to be useful in restoring hormonal imbalances in the body and controlling body weight. It also aids in flushing out toxins from the body and provides protection against cancer. Green tea is beneficial in natural detoxification and aids in healing scars and blemishes, reduction of inflammation, and improving the skin’s elasticity. Moreover, green tea is also envisaged to carry has anti-aging properties that protects against freckles, wrinkle, skin-sagging, and fine lines, and wrinkles.

Social TV Market Expected to Reach US$ 3,492.7 Mn by 2026

According to a new market report published by Transparency Market Research the global social TV market was valued at US$ 996.4 Mn in 2016 and is expected to expand at a CAGR of 13.6% from 2018 to 2026, reaching US$ 3,492.7 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the social TV market in 2016.


Broadcasters focusing on enhancing audience engagement in TV programs/TV content

The social TV market covers the technologies or platforms that support communication and social interaction around TV. Broadcasters are using social media networks to enhance consumer engagement, traditional marketing campaigns, and promotions. With social media networks, entertainment companies can maximize their programming content by integrating broadcast-focused analysis tools across the world. This factor drives the global social TV market. Recent technological breakthroughs in broadband-delivered programming on personal computers and “smart” TVs further boosts the market growth.

Social TV Market: Scope of the Report 

The global market for social TV is segmented on the basis of solution, application, and geography. Based on solution, the market is segmented into software and professional services. The software segment is further categorized into broadcast integration, audience engagement, content moderation, social TV analytics, social networking platform, and others. Professional services are sub-segmented into integration and consulting, operation & installation, and maintenance & repairing. In terms of application, the global social TV market is bifurcated into sports, news, TV shows and others. TV shows application is estimated to account for the largest market share in 2018 as TV broadcasters are focusing on engaging audience in TV shows. For instance, reality shows such as American Idol and Dancing with the Stars take advantage of these new capabilities, integrating fan voting and audience polling.

Geographically, the global social TV market is divided into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America and Europe dominate the global social TV market. This is due to broadcasters in these regions using social media to enhance consumer engagement, traditional marketing campaigns, and promotions. The Asia Pacific region is expected to register the highest growth due to increase in social media users with rise in internet penetration.

Recent Developments in the Rigid Paper Containers Market

Transparency Market Research delivers the key insights on the rigid paper containers market in its published report, titled “Global Rigid Paper Containers Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global rigid paper containers market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

Rigid paper containers include packaging solutions such as corrugated & paperboard boxes, tubes, trays, and liquid cartons. Packaging in rigid paper containers enhances the aesthetic appeal of the packaged products, which has made rigid paper containers an integral part of the retail industry. Rigid paper containers are used for heavy-duty shipping applications as well as customized luxury packaging. The boxes segment is expected to have a significant share in the rigid paper containers market.

Boxes can either be made of containerboard or paperboard. Boxes made with the help of containerboards are known as corrugated boxes. These rigid paper containers are most suited for heavy-duty applications while that made of paperboard cater to a variety of applications including cereal boxes, and liquid cartons, among others. The penetration of corrugated boxes is much more than that of paperboard in the global rigid paper containers market. The corrugated boxes segment is projected to expand at a CAGR of 5.3% during the forecast period.


The demand for corrugated packaging in the rigid paper containers market is at its peak, owing to the thriving e-commerce industry. This is further projected to drive the growth of the global rigid paper containers market. Manufacturers are using corrugated boxes to ensure minimal damage to the packaged product during transiting and storage, which has resulted in increased consumption of rigid paper containers in the automotive sector. As the trend of on-the-go food & beverages is gaining traction, the demand for trays and clamshells has seen a meteoric increase in the North America and Europe rigid paper containers markets, owing to the urban and fast-paced lifestyle.

The manufacturers operating in rigid paper containers market have added additional features such as die cut lids and magnetic closing lids to make the packaging solution more consumer convenient and to stay one step ahead of their competitors in terms of design and innovation.

Automotive Active Grille Shutter Market Expected to Surpass US$ 4 Bn Globally by 2026

Transparency Market Research has published a new report titled, “Automotive Active Grille Shutter Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive active grille shutter market is anticipated to surpass US$ 4 Bn by 2026, expanding at a CAGR of more than 8% during the forecast period.
Rise in demand for vehicles with higher fuel-efficiency is expected to drive the automotive active grill shutter market. Automakers are emphasizing on achieving an aerodynamic vehicle body to reduce air drag. Increasing stringency of vehicle emissions is prompting automakers to adopt the active grill shutter to reduce fuel consumption and emission of vehicles. The active grille shutter helps improve aerodynamic co-efficient by 25 aerodynamic points or by 25%. Adoption of active grille shutter helps achieve CO2 saving up to 3 grams per kilometer.

In terms of vane type, the horizontal segment accounted for a prominent share of the market in 2017. The horizontal active grille shutter is adopted in high number of vehicles, as it can be easily mounted behind the grille. Moreover, it is less complicated and cost-effective, as compared to vertical active grille shutter. The horizontal segment is expected to dominate the global active grille shutter market during the forecast period. However, the vertical segment is anticipated to expand at a notable growth rate during the period. Rise in trend of vertical grille and improvement in active grille shutter design have led to feasibility of integrating the shutters directly into the radiator grille. Vertical vane type active grille shutters are compact and do not compromise on esthetics. Vertical vane type active grille shutters are expected to be adopted widely in premium and luxury vehicles. Rise in sales of luxury and premium vehicles is thus expected to boost the automotive active grille shutter market.


In terms of shutter type, the non-visible segment is anticipated to expand at a CAGR of 10.46%, in terms of volume, during the forecast period. Non-visible shutters improve aerodynamics of the vehicle without compromising on esthetics and hence, are highly preferred.

In terms of sales channel, the OEM segment is anticipated to dominate the automotive active grille shutter market due to the demand from automakers to obtain better greenhouse gas rating and improve fuel economy. The failure of actuator and accidental damage of active grille shutter are expected to contribute to the demand for automotive active grille shutter.

AtoN Management and Monitoring System Market: Rise in Marine Trade is Likely to Drive the Market

According to a new market report pertaining to the Aids to Navigation AtoN Management and Monitoring System Market published by Transparency Market Research, the AtoN management and monitoring system market is projected to reach US$ 9,075.1 Mn in 2026, driven by a rise in marine trade across the globe. The market is projected to expand at a CAGR of 4.0% during the forecast period from 2018 to 2026. The expansion of the market is attributed to high coastal security concerns and demand for AtoN management and monitoring systems from the defense sector. Asia Pacific is anticipated to lead the AtoN management and monitoring system market, followed by Europe and South America, during the forecast period.

Rise in Marine Trade is Likely to Drive the Market

Increasing marine trade activity across the globe is creating significant demand for marine safety and security and marine traffic management. A rise in marine trade increases the need for appropriate navigation, continuous monitoring of vessels and routes, and managing traffic. All these factors contribute to the growth of the AtoN management and monitoring system market across the world.

VHF-based data exchange systems (VDES) provide a robust and global standard communication system for e-navigation, supporting the safety and efficiency of ship and shore operations. An increase in marine trade is expected to exert pressure on existing navigational tools.


AtoN Management and Monitoring System Market: Scope of the Report

The AtoN management and monitoring system market has been segmented based on system, type, navigation components, end-use industry, and region. In terms of system, the integrated systems segment is expected to dominate the global market in 2018.

Asia Pacific led the AtoN management and monitoring system market, accounting for a substantial share in 2017. China was a major country of the AtoN management and monitoring systems market in the region. The AtoN management and monitoring system market in North America, Europe, Middle East & Africa, and South America is also expected to expand during the forecast period.

AtoN Management and Monitoring System Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global AtoN management and monitoring system market. Key players profiled in the report include Tideland, GISMAN, McMurdo Group, i-Marine Technologies, Pharos Marine Automatic Power Inc., Navielektro, Greenfinder, Carmanah Technologies Corp., Vesper Marine, and Pinc Technology Sdn Bhd..

Additive Masterbatch Market Is Set For A Rapid Growth By 2026

Additive masterbatch is a new durable and advance innovation in market. The rising demand of innovative product is driving the additive masterbatch market.

Additive Masterbatch Market: Dynamics

Additive masterbatch has enhance the properties of plastic. Plastic carry the property of water resistance, scratch resistance chemical residence, additive masterbatch is enhancing the same. The rising demand of plastic durability is driving the additive market grow. The flame retardant additive masterbatch is significant for fire avoidance in the respective industries. While processing plastic flame retardant are mixed to get flame retardant property additive masterbatch. The increasing demand of plastic material in food & beverage, pharmaceutical, consumer goods and other industry raising the market of additive masterbatch market. The additive masterbatch application can be in various forms like color plastic bag, plastic toys, sheet, wrap basket, lids pipes and others.

Additive Masterbatch Market: Segmentation

The global demand of additive masterbatch can be segmented on the basis of product type, by carrier resin, end use and region basis. Product type can be further segmented into antimicrobial, antioxidant, flame retardants. Carrier resin can be classified by PE, PP,PS. End use of additive masterbatch can be  packaging , building & construction, consumer goods, automotive, agriculture. Antimicrobial is the fasted growing type of additive masterbatch among others and also capture major share of additive masterbatch in market. Polyethylene is low density, high durability, and moisture resistance due to which it is most preferable carrier resin among others.


Additive Masterbatch Market: Regional Overview

The additive masterbatch is segmented among five region Europe, North America, Asia pacific, Latin America and Middle East & Africa. Asia pacific is a largest shareholder of additive masterbatch market due to increase in plastic consumption in this region. The increasing demand of plastic material is driving the market of additive masterbatch market worldwide. The use of plastic product in the region like Middle East & Africa are attracting the additive masterbatch market. The country like china and India are emerging market for the additive masterbatch due to increasing manufacturing of plastic products.

Overwrap Packaging Market – Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges 2024

The global overwrap packaging market continues to hold a prominent in position in the packaging sector, with a constant rise in application areas and rapid pace of introduction of packaging materials and technologies that make the packaging more beneficial for a number of specialized packaging purposes. Vast benefits of the packaging method, ranging from a massive reduction in the overall cost of packaging products in bulk, as the amount of film required for overwraps costs significantly less than complete cardboard outer or cartons, and the possibility of on-pack promotion are driving the market.

Another highly beneficial factor that works in favor of overwrap is the minimal possibility of tampering with it. Intactness of the overwrapping film makes it evident that the product has not been contaminated since leaving the source factory. This test comes in handy to check contamination of food and beverages and pharmaceutical products. To mitigate the chances of contamination, several pharmaceutical products, which were traditionally sold in over the counter blister carton packs are being overwrapped in a number of countries.

The fact that overwrapping, unlike some packaging technologies such as shrink-wrapping, does not require excessive film for wrapping, is acting in favor of the technology as environmentalists continue to look for ways of adopting packaging technologies that produce the least amount of non-biodegradable waste. All these factors are expected to provide vast growth opportunities to the global overwrap packaging market in the next few years.


Overwrap Packaging Market: Overview

Packaging, over the past decade, surfaced as a necessity of a typical product launch strategy. Packaging is the need of all industries, which translated into the mushrooming of over thousand companies associated with packaging, including from raw material supplies to processing and from designing to printing. Packaging industry witnessed large scale technology adoption regarding films, equipment and packaging methods.

Moreover, demand for elementary packaging remained intact. Overwrap packaging is one of such solution, which allows bundled wrapping of products. This form of packaging is largely used in packaging consumer products such as water bottles, tissue paper, fruits and vegetables and gift wrapping, etc. On the backdrop of growth in FMCG products, the demand for overwrap packaging also surged up and is projected to remain impressive in near future.

Dual Component Packaging Machines Market Research Report Analysis and Forecasts to 2024

Packaging can be said as the face of a product, communicating with the consumers, in absence of the marketers. The idea of packaging, as a means of carriage, got changed with innovation and technology.  With the advent of technology, packaging industry came up with various processes and forms of packaging to meet the modern requirements. The introduction of machines over human labor to make packaging easier, safer, faster, effective and efficient, was one unmatched step, in the history of industrialization. Among many machines utilized in packaging, dual component packaging machines holds an important area in the adhesive, resin and sealant packaging industry.

Dual component packaging machines are of great use in the packaging of consumer goods as well as industrial goods. Modern hi-tech features of packaging such as separate compartments packaging, multiple mixing ratio and accurate dispensing proportion, drive demand among the key manufacturers of adhesives and sealants. Such trends and tripping points, have expanded the scope of dual component packaging machines, driving the demand throughout the forecast period. Moreover, demand from various application sectors including pressure sensitive products, construction, furniture, footwear, electronics and automotive industries is expected to augment the growth of the dual component packaging machines market.

Hugh economic shifts and momentous changes in the global consumption pattern, drive demand for the adhesive, resin and sealant market. This will ultimately result in boosting the sales of dual component packaging machines market, which is expected to grow at a healthy CAGR during the forecast period. In consort with the demand for adhesives in the leather and construction industries is anticipated to fuel the demand for the dual component packaging machines market, globally.

In terms of geography, the global dual component packaging machines market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global dual component packaging market is expected to register healthy CAGR during the forecast period. Asia-Pacific is anticipated to be the dominant market for dual component packaging market followed by Europe and North America. Factors such as urbanization, increasing standard of living along with an increase in sales of adhesives, resin and sealant, will stimulate the demand for the dual component packaging machines market globally.


Some of the key players in the global dual component packaging market are Adhesive Materials Group, Masterbond, Adhesive dispensing Ltd, Prairie Technology Group Inc., Interplex, Dispense Park Inc., Dispense rite, Henkel, Sulzar Mixpac USA Inc, Master Bond Inc., etc.

Spouted Pouches Market Adopts Innovation to Stay Competitive, 2018 – 2024

Packaging plays a vital role in product differentiation. Interactive packaging helps companies to stay ahead of their peers. As a result, packaging companies are coming up with many new innovative products in the market. Spout pouches is one such attractive packaging which is in high demand. Spout pouches provides flexible packaging options for the liquid products and is suited best for logistics purpose. Spouted pouches comes in different sizes. All the products are fixed with nozzles. The nozzles are kept in such a way that it creates 90 degree angle of the pouch or in the center of the pouch. Expected increase in demand for beverages among developing economies is expected to boost overall sales of spouted pouches worldwide. Spouted matches market will is expected to expand at a moderate pace between 2016 and 2026.


Global Spouted Pouches Market Dynamics:

Global spouted pouches market is expected to be primarily driven by increasing consumer preference towards beverages. Increasing out of pocket expenditure and increasing consumer spending on food coupled with growing organized retail market is expected to boost overall sales of spouted pouches. Nowadays, spouted pouches is also gaining traction in baby foods market. Increasing environmental awareness has further added to growth in sales of spouted pouches market owing to its reusable property.

Besides this increasing the growth of pharmaceutical sector and energy drinks can impact the growth of spouted pouches market positively. Spouted pouches is comparatively cheaper when compared to glasses. As a result, many end-users are inclined towards the product. The design of the spouted pouches is such that it can be used for branding their products. It does not take more spaces on a store shelf compare to the plastic and bottle glasses. Though the market is expected to gain healthy growth over the forecast period, availability of alternative products could pose a major challenge for overall demand for spouted pouches.

Global Spouted Pouches Market Segmentation:

The global spouted pouches market is segmented on the basis of type of application such as pharmaceutical products, alcoholic beverages, energy drink, lubricating oil, fruit juice, liquid soap. On the basis of size, spouted pouches such as segmented into 100 ml, 200 ml, 350 ml, 500 ml, 750 ml and 1 litter. On the basis of layer, the global spout pouches market can be segmented into two, three and four layer laminates. The global spouted market also can be segmented on the basis of colors of the spouted pouches such as red, green, blue, black, gold, silver etc. On the basis of components, the spouted pouches market can be segmented into straw, cap, film.

Hinge Lid Cartons Market Is Set For A Rapid Growth By 2024

Packaging plays a vital role regarding product differentiation, protection and hygienic control of the product. Among all the packaging types, cartons are one of the most important forms of packaging. Hinge lid cartons have an added advantage over other types of cartons owing to its properties such as elegant carton shape, high load bearing capacity and good appearance. These properties are expected to boost the demand for hinge lid cartons market in the near future.

Hinge lid cartons: Market Dynamics

Hinge lid cartons market is primarily driven on the backdrop of rampant growth of the global retail sector. Moreover, hinge lid cartons are used widely for retail ready packaging to provide protection during shipping and transportation. Furthermore, hinge lid cartons are being extensively preferred for tertiary packaging in case of food products. This is expected to impact positively the sales of hinge lid cartons supported by an increasing demand for ready to eat food globally. The rising need for hinge lid cartons particularly to store and transport medicines and medical devices safely in the healthcare industry is expected to drive the global hinge lid cartons market over the forecast period. In addition to this, hinge lid cartons also used for packaging consumer and personal care products which can play an important role in enhancing its demand in the next decade.

Furthermore, a mounting demand for jewelry packaging is also one important factor which is expected to stimulate the growth of this market. Increasing adoption of hinge lid cartons for tobacco packaging especially for cigarettes is expected to fuel the demand of hinge lid cartons during the forecast period. It has been noticed that the consumption of alcohol is increasing gradually which in turn is accelerating the growth of hinge lid cartons market. However, the regulatory landscape which encourages banning of alcohols and tobacco in some places can hinder the growth of hinge lid cartons market over the stipulated period.


In terms of geography, the global hinge lid cartons market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. Asia-Pacific region is expected to be the fastest-growing region during the forecast period with rising demand from developing countries such as China, India and Indonesia.

Modern Trade to Emerge as the Largest Sales Channel in the Global After-Sun Products Market

Manufacturers in the sun care industry are primarily concerned with after sun exposure, sun protection products. The main focus of manufacturers is to provide after sun products that can absorb Ultraviolet (UV) rays and protect skin from various problems. With the rising demand from consumers, manufacturers are introducing multi-functional products with waterproof protection, long-lasting effect, etc. Development of these products is centered around the use of ingredients such as zinc oxide and titanium dioxide. These ingredients help in producing better products. Also, against the backdrop of increasing concerns over allergic reactions and toxicity due to the chemicals in the after sun products, the formulations including natural and organic ingredients are being produced on a large scale.

After sun products for sensitive skin including various ingredients such as GMO free and hypo-allergic oat ingredients, with mild formula are also being used on a large scale. Use of sun care products in form of sheet masks is also increasing offering cooling and soothing experience. However, in the recent years, BB creams acting as the foundation for makeup, moisturizer, and sunblock have become popular among the consumers. The increasing demand for such creams can hamper the growth of the after sun products. Hence, researchers are focusing on developing better after sun products with added skin care benefits.

Leading companies in the global after sun products market are Christian Dior SE, Unilever PLC, The Estee Lauder Companies Inc., The Procter & Gamble Company, Shiseido Co., Ltd, Kao Corporation, Avon Products, Inc., Johnson & Johnson Services, Inc., Beiersdorf Aktiengesellschaft, and L’Oréal S.A.

Global After Sun Products Market to See Sluggish Growth throughout the Forecast Period 2017-2026

A new study by Transparency Market Research (TMR) projects the global after-sun products market to experience sluggish growth throughout the forecast period. The market is estimated to grow at a CAGR of 3.4%. The global after sun products market is also estimated to generate revenue of US$ 2,928.7 million by the end of 2026.

The market for after-sun products is segmented on the basis of end users, product type, source, sales channel, and region. On the basis of the product type, among various after-sun products, cream and lotion is expected to be the largest segment witnessing the highest growth.


The end users segment is further divided into female and male. Female as the end users are expected to witness the highest growth as compared to the male segment. Based on the sales channel, modern trade is expected to be the largest sales channel in the global after-sun products market.

By source, the market is further segmented into natural and organic, and conventional. Among these two sources, the conventional source is expected to witness growth during the forecast period.

Rotogravure Printing Machine Market: Asia Pacific Market to Show Stronger Growth

The global Rotogravure printing machine market features a highly fragmented and competitive vendor landscape, with the leading seven companies collectively accounting for a mere 41% of the market in 2017, observes Transparency Market Research in a recent report. Of these leading few, the company Bobst Group SA accounted for a significant 41.5% of the market in the said year. The dominant spot of the company in the market is owing to its extensive product and service portfolio, high investments in research and development activities, and a strong production and sales network that is spread across the globe.

For companies to gain lucrative returns in the market, focus on expansion across lucrative regional markets could be a promising growth strategy. Some of the leading companies in the market are J M Heaford Ltd, Comexi Group S.L., DCM-ATN, Windmoeller & Hoelscher Corporation, Uteco Converting SpA, ROTATEK S.A, and KKA Gmbh.

TMR analysts state that the revenue generated from sales of Rotogravure printing machines for retail merchandising has been estimated to be around US$1.63 bn in 2016, and is projected to expand at a CAGR of 3.5% during forecast period 2017-2025, rising to a valuation of US$2,208.55 mn by 2025.


Of the key industries that utilize Rotogravure printing machines, the food industry is expected to dominate the market throughout the forecast period. The market is also expected to see major gains across the pharmaceutical and security printing industries over the forecast period, which are anticipated to register impressive CAGRs of 4.6% and 4.0%, respectively, over the report’s forecast period.

APAC is expected to overtake the Europe rotogravure printing machine market and dominate the global market by the end of forecast period, in terms of both value and volume. The market in the APAC region is estimated to have an annual consumption of 7,533.68 units of rotogravure printing machines in 2017, and is predicted to up the consumption to 9,578.39 units by the end of the report’s forecast period.

Body Area Network Market Is Set For A Rapid Growth By 2025

Some of the key players operating in the global body area network market are Fujitsu Limited, Intel Corporation, Renesas Electronics Corporation, Abbott Laboratories, Ericsson Ab, Telefonica SA, IBM Corporation, Jawbone Inc, Bluetooth SIG, General Electric Company (GE), and ST Microelectronics.

A research study by Transparency Market Research finds that the global market for body area network is in a nascent stage and is primed to grow at a cracking pace in the next couple of years. The report projects the market to attain a value of US$62,120.9 mn by 2025 by rising at a phenomenal 24.7% CAGR over the course of the forecast period from 2017 to 2025.

Depending upon the devices, the global body area network market can be split into wearable devices and implant devices. The wearable devices at present hold a greater share in the market on the back of rising sales of smart watches and wrist watches resulting from the increasing spending capacity of people worldwide. During the forecast period between 2017 and 2025, the wearable devices segment is expected to rise at a double digit CAGR.

From a geographical perspective, North America takes the cake with maximum share in the market for body area network. The market in the region, which is being mainly powered by Canada, has been driven by tremendous thrust on product development, which in turn has been facilitated by the enormous backing from crowd-funding platforms. Going forward too, the market in North America is likely to retain its dominant share. The TMR report projects the market to attain a value of US$25.39 bn by 2025.


Real Time Patient Data Provided by Body Area Networks Benefits their Demand

The growing number of applications of body area networks are serving to fillip their market. One of them is the real time data of patients that they produce, which is sought after by doctors and medical institutes. Such data helps to bring about proper diagnosis and eventually accurate treatment. It can also be leveraged in military applications, sports, and entertainment.

For example, in the domain of sports, body area networks can help to measure muscle oxygen and how much oxygen an athlete consumes while training. “BSX Athletics wearable device rolled out a calf compression sleeve for legs. The calf compression sleeve is outfitted with a sensor having LED lights that is placed in sleeve pocket. The LED records and reports real-time oxygen levels. Real time data is helping sports coaches to monitor athlete’s performance in real time,” elaborates the lead analyst of the TMR report with an example.

Tuesday, 29 January 2019

Bakery Processing Equipment Market Is Set For A Rapid Growth By 2026

According to a new market report published by Transparency Market Research titled “Bakery Processing Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global bakery processing equipment market is expected to reach a value of US$ 23,441.7 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 9% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 10,899.9 thousand units in 2017. The Asia Pacific bakery processing equipment market is projected to have the highest growth during the forecast period both in terms of value (US$ Mn) and volume (‘000 Units).  The market witnessed considerable growth in this region due to increased growth in the bakery industry, leading to positive growth in the bakery processing industry.

The bakery processing equipment market is influenced by market dynamics with the prime driving factor of increasing consumer demand for bread and baked food products. In terms of product type, the bread systems segment is anticipated to gain the largest share with total value of US$ 6,477.6 by 2026 at a CAGR of 9.1% annually. On the other hand, according to end use, the global figures are anticipated to be US$ 1,877.6 Mn by 2026 at a CAGR of 8.1 %. Waste control in the food production line is one of the major challenges restraining the growth of the bakery processing equipment market.  However, the market is anticipated to grow as a result of entry of new players.

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In 2017, based on type, the bread systems segment accounted for market value of about US$ 6477 Mn in the global bakery processing equipment market. This is because bread systems have wide application in the bakery industry. In terms of end use, both the retail and wholesale segment are expected to expand in equal numbers both in terms of value and volume. The retail baker segment is anticipated to reach US$ 939.3 Mn at a CAGR of 8% in 2026 whereas the wholesale baker segment is anticipated to reach US$ 938.4 Mn at a CAGR of 8.2% in 2026. In terms of application, cookies and biscuits segment is anticipated to acquire the largest share with total value of US$ 6648.2 Mn by 2026, at a CAGR of 9.4%. Cookies and biscuits are widely accepted in the U.S. and European regions; however, change in consumer lifestyles in Asian countries and in many other developing countries in terms of bakery consumption is anticipated to expand the cookies and biscuit segment.

The top companies considered while studying this report for the global bakery processing equipment market are GEA Group AG, Buhler Holding AG, John Bean Technologies Corporation, Ali Group S.r.l., Heat and Control, Inc., Meyer Industries, Inc., Baker Perkins Limited, Markel Food Group, ANKO Food Machine Co., Ltd., Erika RecordBaking Equipment, Gemini Bakery Equipment Company, Rheon Automatic Machinery Co., Ltd., Global Bakery Solutions Ltd., Peerless Food Equipment, and Allied Bakery Equipment.

Database Encryption Market Is Set For A Rapid Growth By 2023

Database encryption is a technology used for protecting databases containing important and confidential information. Using this technology, simple data stored in the database would be converted into an encrypted format. This encrypted data would be unreadable to anyone who doesn’t have the encryption key. Database encryption is based on three important security features which are integrity, confidentiality and availability. Important functions such as application of predefined restrictions, prevention of data corruption and reliable and regular access to the database are performed with the help these security features.

Regulatory and compliance requirements are the major driving factors for the data encryption market. Regulatory requirements such as health insurance portability and accountability (HIPAA) for healthcare and payment card industry data security standard (PCI DSS) for banking financial services and insurance (BFSI) have forced enterprises worldwide to implement data protection techniques. Introduction of new mobile devices, comprehensive usage of social media and virtual storage applications in the enterprises generate vast amount of data. Protecting this data is important as it contains valuable information pertaining to customers and enterprises.

Database encryption is the choice of organizations to protect their vulnerable data, further driving the database encryption market. Also, flexibility of the database encryption solutions is helping to increase its popularity. With the help of flexible data encryption solutions, encrypted data could be easily transferred to removable devices such as USBs or CDs/DVDs. However, high costs associated with these solutions and erroneous management of encryption key are restraining the growth of database encryption market. Cloud services are providing tremendous growth opportunities to database encryption market. Furthermore, easy implementation of the data encryption solution with the help of cloud technology has helped the customers to use it irrespective of the location and time.


Database encryption market is segmented on the basis of type, mode of deployment, size of the enterprise and industry verticals. On the basis of type, database encryption market is segmented into database encryption types and database operational models. Database encryption types include file system encryption, application level encryption, column level encryption, transparent/external encryption and key management. There are two operational models used in the database encryption market which are data-at-rest and data-in-motion. Database encryption solutions are deployed using on-premise and cloud deployment techniques. Furthermore, according to the size of the enterprise database encryption market is segmented into small and medium enterprises and large enterprises.

Paper Sacks Market Research Report Analysis and Forecasts to 2024

Paper based packaging is constantly advancing in terms of growth rate in the overall packaging industry and has constantly gained attention, owing to its versatile, tear-resistance and cost effective method to transport, preserve and protect a wide array of goods. As a raw material source, paper is a low cost readily available raw material which accounts for more than 50% of the revenue generation in the packaging industry and is used in the form primary packaging, often with the assistance of paper sacks.


This report offers comprehensive information and wide-ranging evaluation of the global paper sacks market. The research report is based on the trustworthy sources such as press release, whitepapers, news updates, and assumptions. The report offers comprehensive profiles on these market players and assesses their current standing in the paper sacks market. The report offers company history, annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and recent research and development (R&D) activities.

Global Paper Sacks Market: Drivers and Restraints

One of the major reason for the growth of global paper sacks market is the increasing awareness about environmental sustainability as paper sacks can be recycled and re-used. Adding to this, the stringent government regulation on plastic sacks usage is another factor that drives the growth of global paper sacks market. However, the restraining factor in the growth of global paper sacks market is the high price of paper sacks as compared to plastic sacks. Moreover, increasing investments by manufacturers of plastic sacks to innovate their product with prime focus on consumer convenience, is expected to hinder the growth of the global paper sacks market throughout the forecast period.

Additionally, infrastructural development and increasing urbanization in the developing economies is one of the growing factor for the global paper sacks market. Another significant factor that is driving the growth of the global paper sacks market is the dust-free and moisture protection features of the paper sacks. In addition to this, low damage rate of paper sacks which is not exceeding 2% is expected to positively impact the sales of paper sacks, driving its demand over the forecast period.

Global Paper Sacks Market – Regional Outlook:

Geographically, the global paper sacks market is segmented into North America, Latin America, Europe, APEJ (Asia Pacific excluding Japan), MEA (Middle East & Africa) and Japan. The global paper sacks market is expected to witness a stable CAGR over the forecast period. The demand for the paper sacks is expected to witness an above average growth in North America due to higher adoption of paper sacks in commercial and industrial use. Apart from this, rampant growth of retail and industrial sector in Asia-Pacific is expected to further boost the sales of paper sacks by the end of forecast period.

Stick Packaging Market New Growth Opportunities By 2024

Flexible packaging has engrave as a prime solution in the overall packaging market and this growth trend seems to continue against the prospect of environment regulation that propels the companies to find for greener alternatives. Moreover, flexible packaging is rapidly gaining traction against the traditional rigid packaging solution especially in the food & beverages industry. Stick packaging is a type of flexible packaging which is primarily adopted in the food & beverages industry and ideal to pack products related to powder, liquid and granules. It helps to maintain the freshness as well as extend the shelf life of the product. It is portable and convenient for on-the-go consumers.

The raw material for stick packaging include paper, aluminum foil or plastic which is an easy yielding material that can easily transform its shape on the nature of the product. Adding to this, these materials go through a detailed modification process that includes coating, lamination, extrusion and printing to develop different sizes of stick packaging which depends upon the product requirement. Stick packs is perfect for single dose packaging to hit the market, therefore, apart from its primary usage of packing, these stick packaging is ideal for the sampling purpose. Most of the food & beverage companies use these stick packaging solution to promote and test their product before the actual launch.

Global Stick Packaging Market: Market Segmentation

Global stick packaging market is segmented on the basis of material type and application type. On the basis of material type, global stick packaging market is segmented into paper, plastic and aluminum foil. Plastic can be further sub-segmented into polyethylene (PE), polypropylene (PP) and polyester (PS). Plastic is the most widely used material in the global stick packaging market due to its positive attributes which includes low cost, light weight, barrier properties and decorative capabilities. On the basis of application type, global stick packaging market can be segmented into food & beverages, pharmaceutical, consumer goods and others.


Global Stick Packaging Market: Market Dynamics

Currently the demand for sustainable packaging is prevailing in the global stick packaging market with the development of eco-friendly packaging solution. Continuous development and innovation in the area of flexible packaging has supported manufacturers in creating small packaging products, ultimately driving the demand for stick packaging. Another key factor for the growth of global stick packaging market is the rising disposable income coupled with growth of the global retail industry. In addition to this, the rising demand for the packaged food due to health issues is another factor that is driving the growth of global stick packaging market.

Another reason towards the growth of global stick packaging market is the busy life style of the consumer that encourage the consumption of on-the-go product. The need for the high barrier flexible packaging such as moisture free, dust free solution is another prominent reason to drive the growth of the global stick packaging market. However, the stringent regulatory landscape towards the use of plastic is expected to hinder the growth of the global stick packaging market over the forecast period.

Metal Cans Market – Key Players, Share, Trends & Forecast 2024

Metal Cans are type of metal packaging systems initially introduced in the beginning of nineteenth century, for packaging of wine, but its scope of application has now expanded into various end-use commodity packing purposes such as edible food & beverage items, chemicals, oil etc. Metal Cans are generally made up of materials such as steel, aluminum, and tin and contributes more than one third of the overall metal packaging market. The major advantages of Metal Cans are that they are 100% recyclable without the loss of its quality and sturdiness. The recycle rate of metal can packaging has been two and half times more than any other packaging solution. Another advantage of recycling of Metal Cans is that it reduces CO2 use thereby reducing the parent material usage.

Metal Cans Market: Dynamics 

The Metal Cans market is prominently propelled by its growing use in food and beverage packaging, especially used in packaging of aerated and non-aerated beverages. The increased personal products portfolio and its usage will naturally augment the packaging market as well. The consumer demand for lightweight packaging, increasing heath awareness regarding use of non-carcinogenic packaging materials, is creating high growth opportunities for the metal cans market. However, the increasing replacement potential of polymer based packaging material such as polyethylene terephthalate (PET) and polyethylene packaging is expected to dent the market share of metal cans in the overall packaging market, over the forecast period.

The global metal cans market has been divided into seven key geographical regions which includes, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. The Western Europe and North America dominates the global metal cans market due its high consumption in food and beverage industry. However these region anticipated to register sluggish growth due to availability of alternative packaging. Asia Pacific market is expected to grow at higher rate.


Growth in the region is propelled by rapidly increasing consumption of end use industries. The Asia Pacific region has been influenced by setting up of new manufacturing facilities from leading global OEMs owing to availability of raw materials at cheap prices and government initiatives to promote investment measures especially countries like South East Asian countries. Latin America, Middle East and Africa also significantly contributes to the metal cans market. The best example of this fact is that Brazil being Numero Uno position of producer and exporter of orange juice in the world, mainly endorses metal cans for its packaging process proving as a lucrative market for the same.

Light Metal Packaging Material Market Adopts Innovation to Stay Competitive, 2018 – 2024

Global market for food and beverage is growing with brisk rate in emerging countries with cut throat competition among key players in food and beverage industry, is a major factor fueling the growth of light metal packaging materials. Infinite recycling ability of steel and aluminum metal is another strong unique selling point of light metal packaging material. Furthermore, increase in demand of beauty & personal care product, household chemical product is propelling the global market of light metal packaging material.

Light metal packaging has become an integral part of food preservation process known as canning. Canned food has become an integral part of diet in developed countries during past century. Light metal packaging provides a barrier that is resistant to air, light and moisture. Due to its ductile nature, light metal packaging materials are suitable for the closures and seals of various type of bottles.

Global Light Metal Packaging Material Market Dynamics:

In last one decade use of light metal materials in the packaging of food and beverage product has increased by two fold, and anticipated to grow with brisk rate during the forecast period, which is the major driving factor for the growth of light metal packaging material globally. Now a day’s light metal packaging has become a new tool of aggressive marketing and branding of perfumery and cosmetic product, which is also became a key driver for growth of light metal packaging material.


Technology advancement in the field of metal design, metal manufacturing, and metal decorating has significantly improved the durability, aesthetic and ergonomics of light metal packaging container, these all factors further enhance the demand for light metal packaging material. Apart from that improving recycling technique in the area of steel and aluminum metal can be a key driving factor global light metal packaging material market. Development in the field of packaging such as active packaging, smart packaging is also having positive impact on the growth of global light metal packaging material market.

Furthermore, increasing demand for very thin steel and aluminum cans in carbonated beverage and beer beverage industry is anticipated to drive the growth light metal packaging material.

Bubble Bag Market Is Set For A Rapid Growth By 2024

Bubble bags are packaging products made up of resins such as high density polyethylene, low density polyethylene and recycled polyethylene, and contains numerous small air pockets. It comes with air retention technology which prevents bubble cell from losing air and provides extra protection while transportation and handling. Bubble bags are light weight, transparent and reduce freight and packaging costs. It also offers excellent moisture resistance, protection against abrasion, good insulation and great ease of handling. It is designed for packaging of fragile products such as electronic goods, pharmaceutical products, antiques and automobile parts among others. Bubble bags are economical, reusable, quick to use and ideal for faster wrapping, hence it widely used in packing industry.

Bubble bags are commercially available with different functionality such as antistatic bubble bags, water resistance bubble bags, bubble envelops, and heavy duty bubble bags. Antistatic bubble bags are widely used for packaging of electronics components in order to protect it from static damage. While bubble envelopes are used for packaging of CD’s, DVD’s, jewelry and antiques etc. Bubble bags are also available with adhesives and cohesive insulation, which provides self-sealing adhesive strip.

Bubble Bag Market: Market Dynamics

Growing end-use industries such as electronics, FMCG, E-commerce and packaging are key drivers to promote continuous growth of the global bubble bags market. Owing to its value added applications from protection of goods to its safe distribution and transportation, it is expected to see new investments in its market especially in developing countries. The global bubble bags market is expected to grow steadily in developed nations, as consumers will continue to need this product for shopping and handling. Additionally, role of private consumers, retailer, and local packaging firms, who are more focus on delivering the goods in local market is expected to augment the demand of bubble bags.


However, sustainability of the global bubble bags market is majorly depends on the price and supply of raw materials. Presence of big and small packaging firms created highly competitive market environment for bubble bags market.

Air Cushion Packaging Market Set For Robust Growth By 2018 -2024

Air cushion is a packaging material made up of polyethylene and widely used for packaging of variety of products such as electronics, pharmaceuticals, automobile components and consumer products among others. It is a dual material tailor made solution for corrugated box and plastic film bag which filled with an air. It offers quick packaging and ensure high degree of protection of good from all surfaces. It is a light weight material and offers high flexibility to pack different products in the same format, and reduce the requirement of additional fitments and loose fit.


It is economical and eliminates conventional bubble transportation, handling and storage cost. Air cushion does not lose its cushioning properties, this is mainly because the film allow air to transfer within cell providing excellent cushioning and protection. It is an ideal replacement for traditional bubble wrap, foam-in-place and paper packaging. It is referred as sustainable packaging solution, as it contain an additives accelerating biodegradation in environment.

Air Cushion Packaging Market: Market Dynamics

Evolving consumer lifestyle and increasing per capita income is driving the demand for consumer products in developed as well as developing economies. Owing to value added applications of air cushion packaging from protection of goods to its safe distribution and transportation, it is expected to see new investments in its market, especially in developing countries. Global air cushion packaging market is estimated to witness robust growth due rapid growth of the e-commerce industry. Established e-commerce companies use automated packaging machines to deploy air cushions as a void fill material, while small companies use air cushions as protective mailers as they are cheaper and light weight than rigid boxes.

Environmental concerns in packaging is a key factor driving the growth of the air cushions market especially when goods are to be delivered directly to consumers. For example, foam filled packaging is replaced by air cushions since foam is harmful to the environment. Moreover, the cost effectiveness of air cushions due to less packaging weight is another major factor augment the growth of the global air cushion packaging market. However, use of alternate packaging material such as paper packaging products, textile packaging products and traditional foam packaging products are still used which is still a restrain for the global air cushion market. Additionally, the sustainability of air cushion packaging market is highly dependent on raw material supply and role of local players.

Smart Baggage Handling System Market: North America to Display Robust CAGR through 2025

Intense competition exists among the well-established players within the global smart baggage handling system market, as all of these players are constantly innovating their product offerings so as to attract more customers, states Transparency Market Research (TMR) in its latest research report on this market. Tremendous potential of growth opportunity lies within the smart baggage handling system market as this market is huge. This also implies that many new players will be attracted towards joining this market and therefore the threat of new entrants is high.

Not only will this result in cut throat competition among players within the market but also it will ultimately result in product innovation as this becomes the key strategy for business growth of each of the manufacturers. Names of the key players operating within this market are SITA, Beumer Group, Vanderlande Industries, Alstef Automation S.A., Fives Group, G&S Airport Conveyor, Pteris Global Limited, Scarabee Systems & Technology B.V, and Daifuku Web Seimens Group.

Aspartame are, the global smart baggage handling system market will exhibit a whopping 19.30% CAGR between 2016 and 2025 and will rise up to US$7,210.8 mn by 2025. On the basis of geography, North America is predicted to Showcase a substantial growth of 20.5% cagr between 2016 and 2025 on a ground of the development of new airports across the region. In terms of Technology, it is expected that the radio frequency identification system (RFID) will exhibit promising growth in the years to come. By transportation, it is anticipated that the International Airport segment will hold key shares within the market.

Travellers Increasingly Seek Facilities Offering Better Transit and Safe Conveying of Baggage 

According to the lead author of this report, “the tremendous increase in traveling of late due to factors such as cross country business, globalization, trips, immigration, and emigration is anticipated to bolster the growth of the global smart baggage handling system market.” There is a growing need for better baggage handling systems at airports and railways as travellers are seeking better Transit facilities and expecting their baggage to be safely conveyed. This is compelling airport authorities as well as Railway operators to implement improved baggage handling systems for travellers.


Increasing Concerns over Smuggling of Prohibited Goods to Drive Demand for Smart Baggage Handling Systems

As relying on high-end systems for sorting baggage can give a boost to the efficiency of handling baggage at airports while reducing manual work, smart baggage handling systems are increasingly being the preferred. With growing concerns such as smuggling of illegal items or transit of items that are not permitted through flights and train are also resulting in a higher demand for smart baggage handling systems. Apart from all these factors, the growth in the infrastructural developments resulting in developments of better railway stations and airports worldwide will accelerate the growth of the global smart baggage handling systems market.

Enterprise Social Software Market to Witness Superiority of Large Enterprise in Terms of Size

The global enterprise social software market is foreseen to capitalize on opportunities brought in with the boom in big data and its analytics requiring solutions for collecting large volumes of data and extracting useful information to make improved decisions. A growing number of young employees familiar with social media and successful enterprise social software deployments could allow a myriad of favorable prospects to flow in the market.

According to Transparency Market Research (TMR), the global enterprise social software market could rake in a US$6.1 bn by 2022 end at a 20.0% CAGR between 2017 and 2022. In 2017, the market earned a US$2.4 bn.

Global Enterprise Social Software Market: Major Insights

The world enterprise social software market is predicted to be impacted by some influential trends such as the stable shift to inclusive suites and platforms. Vendors could be forced to shift to providing a multi-level support in the foreseeable future due to the surging demand for a single all-inclusive platform. Such a platform should be able to address all types of requirements including wikis, online communities, blogs, messaging, and email. The convergence of social and collaboration software into a single vital offering could also encourage market growth with the advent of social software. As a result, tasks such as messaging, emailing, and file sharing could be performed without the use of conventional tools.


The world enterprise social software market is prophesied to be classified into small, medium, and large as per enterprise size. Out of these segments, the market could testify the dominance of large enterprise while it rises at an expected CAGR of 19.0% during the forecast period. On the basis of segmentation by vertical, the market could be divided into banking, financial services, and insurance (BFSI), healthcare, IT and telecommunications, retail, and government. By type of deployment, there could be important segments such as on-premise and cloud-based taking birth in the market.

In terms of geography, the world enterprise social software market is forecasted to be segmented into significant regions such as the Middle East and Africa (MEA), Asia Pacific except Japan (APEJ), North America, Latin America, and Europe and Japan as a key country. However, the market could find lucrative prospects in North America as it is projected to take a leading share of US$2.5 bn by the end of the forecast period. Europe could be another dominating region rising at a 16.5% CAGR. Japan and the MEA are anticipated to be on the slower side of growth in the market.

Stretch Sleeve and Heat Shrink Labels Market Is Set For A Rapid Growth By 2022

The competition in the global stretch sleeve and heat shrink labels market is marked by the presence of numerous international and local players in this market, states a new report by Transparency Market Research (TMR). Frequent product launches, tactical alliances, especially mergers and acquisitions, and regional expansion of the business are some of the key strategies, the leading vendors of stretch sleeve and heat shrink labels across the world have adopted for a better foothold in the global market, states the research report.

According to TMR’s estimations, the opportunity in the global stretch sleeve and heat shrink labels market is projected to reach US$10.43 bn by 2017. It is further estimated to rise steadily at a CAGR of 5.90% over the period from 2017 to 2022 and increase to US$13.91 bn by the end of the forecast period. Asia Pacific excluding Japan is leading the global market, currently, and is anticipated to remain on the top throughout the period of the forecast, notes the market study.

Rise in Packaging and Labeling Industry to Influence Global Market for Stretch Sleeve and Heat Shrink Labels

“The significant rise in the packaging and the labeling industry has had the most prominent impact on the global market for stretch sleeve and heat shrink labels,” tells the author of the study. Nowadays, the preference for attractive yet durable packaging of products has increased among consumers, which, consequently, has augmented the demand for stretch sleeve and heat shrink labels across the world. Apart from this, the rising demand for polymer films, 360-degree display, and anti-counterfeiting facilities are also boosting the growth of this market considerably.


The market is also gaining from the significant increase in urbanized population, growing demand for packaged foods, strengthening of economy in developing countries, and the augmenting emphasis on the usage of sustainable materials. Over the forthcoming years, the low cost of stretch and shrink sleeves, together with their light weight, is anticipated to fuel their demand in the years to come. Additionally, the widening application base of shrink and sleeves in a number of end-use industries is projected to further drive the market’s growth, states the research study.

Price Volatility and Environmental Concerns May Create Disturbance

While the future of the worldwide market for stretch sleeve and heat shrink labels looks bright, it may face several challenges along the way, such as the volatility in the raw material prices and environmental concerns pertaining to the disposal and recycling of these labels due to their no-biodegradable characteristics. Furthermore, the increasing popularity of alternatives, such as paper, which is relatively lighter in weight and biodegradable too, may also hinder the growth of this market over the next few years.

SCADA Market – Services Emerge as Lucrative Component Segment

The global market for SCADA water and wastewater management is highly competitive in nature and is projected to remain in the similar situation in the next few years, states a new market research study by Transparency Market Research. It is moderately consolidated in nature with a few number of players holding a major share of the market. The key players in the market are focusing on the expansion of the product portfolio, which is predicted to enhance the market penetration in the next few years. In addition to this, the rising number of mergers and acquisitions is projected to support the growth of the overall market in the coming few years. Some of the key players that are operating in the SCADA market for water and wastewater management are Yokogawa Electric Corporation, ABB Ltd., Schneider Electric, Emerson Electric Co., Rockwell Automation Inc., Eaton Corporation, Honeywell International Inc., Tesco Controls Inc., SCADAware, and Parasyn.

As per the market research study by Transparency Market Research, in 2015, the SCADA market for water and wastewater management was worth US$1,267.4 mn and is projected to reach a value of US$2,172.1 mn by the end of 2025. The market is likely to register a healthy 5.60% CAGR between 2015 and 2025.

North America and Europe to Lead Global Market in Coming Years

The global market for SCADA for water and wastewater management has been categorized on the basis of geography into Europe, North America, Latin America, the Middle East and Africa, and Asia Pacific. Among these, North America is expected to account for a large share of the global market in the next few years. The increasing popularity of cloud-based SCADA is one of the major factors estimated to encourage the growth of this region in the next few years. Furthermore, Europe is projected to witness a healthy growth in the coming years. On the other hand, Asia Pacific is projected to register a strong growth rate in the next few years, thanks to the rising demand for employing efficient processes.


On the basis of end use, the global market has been categorized into industrial and residential. The industrial segment has been further classified into food and beverages, chemical, pharmaceuticals, and others. The residential segment has been further segmented into private and government. As per the research study, the industrial segment is projected to account for a large share of the market in the coming few years. The rising contribution from the food and beverage segment is the key factor projected to enhance the growth of the overall market in the near future.

Technological Developments to Encourage Market Growth 

The increasing demand for water and wastewater treatment is one of the major factors estimated to encourage the growth of the global SCADA market for waste and wastewater management in the next few years. The rising government investments and the technological advancements in this field are further projected to enhance the growth of the overall market in the coming few years. The key players in the market are focusing on developing economies, which is projected to enhance the growth of the market throughout the forecast period.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...