Wednesday, 27 February 2019

Lubricant Packaging Market Is Set For A Rapid Growth By 2024

  February 27, 2019    No comments
The global market for GCC lubricant packaging is experiencing an intense competition among its well established players. Players in the market are using novel manufacturing technology to make the market more competitive. Players in the market are spending heavy amount behind research and development activities to manufacture efficient market product, thus expanding the product portfolio. Apart from these, players are focusing on product advancements and product innovation which is likely to help them to expand their customer base and product differentiation. Some of the major players in the global GCC lubricant packaging market are Saudi Can Manufacturing Company Ltd, Mold Tek Packaging Ltd, First Press Plastic Moulders Ltd., Neelkamal Plastics Factory LLC., and Duplas Al Sharq.

According to a recent study by Transparency Market Research, the global GCC lubricant packaging market is predicted to expand at a robust CAGR of 3.30% during the assessed period 2016 – 2024. The market which was worth at US$162.7 mn in 2016 is likely to be valued at US$210.4 mn by the end of the assessed period. The market on the basis of end user is classified into chemicals, machine industry, oil and gas, power generation, metal working, automotive, and other manufacturing. Of these, the automotive sector holds the majority of the share owing to significant rise in the automotive sector. Booming automotive industry sector to provide lucrative growth opportunity in the market. On the other hand, chemical industry will exhibit a decent rise in the coming years. On the basis of region, Asia Pacific is anticipated to held the majority share and is predicted to dominate in the future owing to presence of major player and increase in economic conditions of the nations in the region.

Stringent Environmental Rules and Regulation to Hamper Market Growth

One of the major reasons that is helping the market to move in the forward direction is the several initiatives undertaken by the government to promote non-oil industries. Government of several countries are spending hefty amount behind non-oil industries to help it become one of the potential source of income. This is likely to help the population rely less oil industries which experiences recurrent volatility in the crude oil prices. However, on the other hand it has been noticed that the strict environmental rules and regulation imposed by various governing bodies are predicted to deter market growth.


Rise in disposable income and rapid urbanization have significantly change people’s lifestyle. This has made them prefer premium and luxurious product resulting in increase in demand for vehicles. Rapid advancement in technology and extensive research and development activities to meet the ongoing demand for vehicles are indirectly helping the market. Rise in demand for vehicles results in high demand for lubrications. Consumption of lubricant in semi-liquid, liquid, or solid form is linked with the automobile industry. Surge in demand for packaging products such as intermediate bulk containers which store lubricant including process oil, grease, gear oil, and engine oil which are used in daily operation of automobiles is likely to foster market growth.
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Global Industrial Floor Scrubbers Market: Increased Emphasis on Cleanliness Driving Demand, notes TMR

  February 27, 2019    No comments
The analysts of a fresh business and commerce study by Transparency Market Research (TMR) have notified that the global industrial floor scrubbers market is largely fragmented in nature, a few player do hold slightly stronger position than the rest. The report has identified Bortek Industries, Wiese, Inc., and Hako Holding GMBH & Co. KG are three companies who were ahead of the curve in the world industrial floor scrubbers market in 2016, although the continuous inflow of new entrants will continue eat into their shares. 

For the market leaders, the key strategies are to expand their geographical footprint and concentrate on strengthening their research and development activities, consequently making it difficult for smaller players to compete in terms of technology, reliability of products, and price. Tennant, Nilfisk, Tornado, Comac, Fimap, iRobot Corporation, and IPC Gansow are some of the other notable players currently aspiring greater shares in the global industrial floor scrubbers market.

Global Industrial Floor Scrubbers Market to be worth US$6.62 bn by 2025

If the projections of the TMR report are to be believed, during the forecast period of 2017 to 2025, the demand in the global industrial floor scrubbers market will increment at an impressive CAGR of 8.5%. By the end of the forecast period, 2025, the analysts have estimated that the opportunities in the market will translate into a revenue of US$6.62 bn, considerably up from its evaluated worth of US$3.24 bn in 2016. In the near future, development of new products that ideally meet the diverse demands from the end users is expected to define the leader of an intensely competed vendor landscape.

Based on type, the report has segmented the global industrial floor scrubbers market into ride-on scrubbers, walk-behind scrubbers, and robotic scrubbers. As of 2017, the walk-behind scrubbers segment provided for more than half (51%) of the total demand, although the robotic scrubbers segment is primed to grow at a stronger CAGR during the said forecast period.


This escalating demand for robotic scrubbers is a reflection of persistent aspiration of various industries to adopt automation methods that improve efficiency of monotonous procedures and hence achieve incremented production. On the basis of end-use industry, the market for industrial floor scrubbers has been bifurcated into healthcare and pharmaceuticals, transportation, hospitality, education, government, retail and food, and manufacturing and warehousing. Geographically, the report highlights North America as most lucrative region, which provided for 33.5% of the total demand, while Europe emerged as second-leading regional market the same year.
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Pharmaceutical Bottles Market – PET Pharmaceutical Bottles Segment to Retain Leadership

  February 27, 2019    No comments
The Spain market for pharmaceutical bottles is highly fragmented with a large portion of this market being operated by a number of international players, small domestic participants, and unorganized companies. Most of the international players focus aggressively on selling their products through distributorship in order to cater to the requirements of the pharmaceutical companies and are expected to continue this practice over the forthcoming years. Gerresheimer, Amcor, and Alcion Plasticos are some of the key players functioning in this market.

As per the estimations, the market for pharmaceutical bottles in Spain, which was worth US$241.4 mn in 2016, is likely to progress at a CAGR of 3.80% over the period from 2016 to 2024 and reach a value of US$235 mn by the end of the forecast period. In terms of shipment volume, the market is likely to touch 1,619 mn units mark by 2024. Thanks to the rising utilization of PET in the manufacturing of pharmaceutical bottles, fueled by its atmosphere barrier properties, the PET segment is likely to remain witnessing a higher growth than other material type segments over the next few years, reports the research study.

Oral Care Products to Report Strong Demand for Pharmaceutical Bottles

The report further provides a comprehensive evaluation of the application areas of pharmaceutical bottles in Spain. According to the study, pharmaceutical bottles are predominantly utilized in liquids, E-liquid, droppers, oral care products, and topical medication in this country. Oral care products, among all, have been exhibiting a greater demand for pharmaceutical bottles. It held a share of nearly 36% in the total demand for pharmaceutical bottles in Spain in 2016. Analysts predict the segment will demonstrate a significant incremental performance in terms of the growth rate as well as the market share throughout the forecast period.


Topical medication, amongst others, is expected to witness a considerable rise in the years to come due to the design competence of pharmaceutical bottles that offer a convenient and less messy dispensing of lotions and semi-solid contents.

Plastic-based Pharmaceutical Bottles to Trend in Spain Pharmaceutical Bottles Market

“The advancements in the drug delivery formats applicable in the medical and healthcare industry are having the most prominent influence on the market for pharmaceutical bottles in Spain,” states the author of the study. Plastic-based pharmaceutical bottles are the latest trend in the Spain pharmaceutical market. The availability of relatively cheaper polymers in abundance has brought the focus of manufacturers towards producing pharmaceutical bottles from plastic. According to researchers, this trend will shape the future of this market over the forthcoming years.
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Smart Homes Market Brings Unprecedented Data With New Challenges

  February 27, 2019    No comments
The global smart homes market is envisaged in a report by Transparency Market Research (TMR) to witness a moderate degree of competition due to the presence of a small number of players. However, the factor of high profitability could encourage more players to enter the global smart homes market during the forecast period 2017-2025. Merger and acquisition and constant improvement of product portfolio are expected to see high adoption among players to gain a stronger share of the global smart homes market. Some of the leading players of the global smart homes market are Schneider Electric SE, Johnson Controls, Inc., and Honeywell International, Inc.

TMR envisions the global smart homes market to post a 14.6% CAGR to reach a US$97.61 bn in valuation by 2025. In 2016, the global smart homes market was valued at a US$30.02 bn. Among applications, HVAC control could bag a colossal share of the global smart homes market by the end of the forecast period. In 2016, it collected a 27.2% share of the global smart homes market. From a geographical standpoint, the smart homes market is foreseen to find North America taking its command in terms of revenue growth. In 2016, the regional smart homes market accounted for a 38.7% share.

Rising Need to Save Energy and Enable Automation at Homes to Boost Growth

The global smart homes market is predicted to gain momentum in its growth because of the rising adoption of IoT. Urban populations showing an increasing inclination toward home automation for saving energy could set the tone for valuable growth in the global smart homes market. On the other hand, reducing prices of processors and sensors is expected to improve the demand in the global smart homes market. The growing need to improve home security, high focus on enabling ease of living, and rising disposable income of people could create several opportunities in the global smart homes market.


The advent of high-speed internet and increasing demand for Wi-Fi connectivity are prophesied to provide a fillip to the global smart homes market. Besides North America, Europe could witness a strong rise in the demand for smart homes owing the need to reduce energy consumption and presence of a significant count of industries in the region.

Extortionate Cost of Smart Home Services to Provide Headwinds to Market

The requirement of constant maintenance and expensive cost of various tools and services are forecast to hamper the demand for smart homes. Rising number of privacy issues and cases of security breach could make up another factor dampening the growth of the global smart homes market. However, improving adoption of power line communication technology is prognosticated to bolster the global smart homes market. On the other hand, the need to improve energy efficiency and enhance entertainment, security, lighting controls, and other applications in residences could augment the demand in the global smart homes market.
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High Performance Computing Market Is Set For A Rapid Growth By 2019

  February 27, 2019    No comments
High Performance computing is defined as aggregation of processes for delivering higher and efficient performance as compared to other desktop workstation or computer helping the companies to solve problems related to engineering, business, or science. High performance computers are clusters of more than one processor with node size range from 16 to 64 nodes. High performance computers help to solve problems of recurring and complex operations as individual nodes work together and hence can solve problem more efficiently than one computer.

High performance computing has wide applications in various fields such as weather forecasting, molecular modeling, physical simulations, and quantum mechanics. Factors such as economic competitiveness and new product innovations are driving the demand for high performance computing market currently. Moreover recent developments such as cloud based approach in high performance computing market are captivating SMEs (small to medium-sized enterprises) in the market. SMEs using high performance computers would minimize the initial investments for building infrastructure, hardware implementation and thus the high performance computing market is expected to grow exponentially in near future.

Globally high performance computing market is experiencing a strong adoption as increase in data centers and huge investment by government is increasing rapidly among the users. High performance computing applications are experiencing a rapid adoption as users are able to solve challenges related to simulation and scientific modeling of different processes and events.

High performance computing refers to the use of algorithms, networks, and environments for computers ranging from small clusters to super computers in order to make the system usable. High performance computing helps to stimulate a “bio-molecule” of 10000 atoms, which enables the user to do large simulations for larger molecules. High performance computing market is rapidly growing for use in scientific computing as it helps in deliverance of cost-effective and flexible solutions. Increased growth of commercial web applications is a key factor helping to increase the demand of high performance computing solutions globally. Linux cluster are the most preferred clusters while operating high performance computers.


The demand for high speed computing market is driven by factors such as advancements I cloud computing, convergence of big data, development of new technologies and solutions for embedded processors, hot water cooling, and nonvolatile memory, among the others. Governments across globe are recognizing the need of high performance computing due to importance of factors such as competitiveness and security as key areas of concern. High performance computing market has extensive use across verticals including communications, defense, and biotech, among the others. Pricing is a key factor which would determine the future potential of high performance computing market. Other factors such as power and cooling, and cost of compute resources, among the others are restraining the market growth.
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Future of 5G Service Market – Next-Gen Wireless System Set To Enable Our Connected Future

  February 27, 2019    No comments
Smart mobile networks are expected to connect with more devices, handle more data, significantly reduce latency and bring new levels of reliability. 5G service has been designed to meet these needs by pooling bandwidth to boost speed and range. In addition, the rising demand of mobile data traffic volume is influencing the growth of 5G service globally and this factor is anticipated a significant growth during the forecast period.

Moreover, increasing dependency on machine to machine communication is further booming the market of 5G service and this trend is attributed a robust growth during the forecast period. Additionally, rising demand for broadband services is further booming the growth of 5G services. The impact of this factor is medium in recent times and is anticipated to be high during the forecast period. Growing demand of high speed and large network coverage is influencing the growth of 5G services globally.

The global 5G service market is segmented in one category: by application. Based on application of 5G services the market is segmented into Energy and utility, automotive, healthcare, retail, consumer electronics, industrial automation, intelligent building and infrastructure, public safety and surveillance and home automation. In terms of energy and utility application the market of 5G services further segmented into smart grid, connected pipeline, connected logistics, physical security, mobile workforce management and asset management.

In terms of automotive application 5G services the market can be further segmented into road safety and traffic efficiency, intelligent navigation and digital logistics. Based on healthcare segmented the market bifurcated into Mhealth, connected health and telemedicine.


In terms of retail segmented the market of 5G services is further segmented into field force tracking, supply chain management, remote monitoring, end consumer retail automation and field force productivity and automation. Based on consumer electronics of 5G services the market can be bifurcated into smart appliance, smart TV and smart TV consoles, wearable devices. In terms of industrial automation the market of 5G services is further segmented into machine type communication, impact of IoT (Internet of Things) and remote machinery. Intelligent building and infrastructure segmented is further segmented into facility management and energy optimization and parking management.

Based on public safety and surveillance segment the market of 5G services is bifurcated into surveillance systems, emergency and disaster management, C2/C4ISR system and public address and general alarm. In terms of home automation application segment the market of 5G services further segmented by lighting control, HVAC control, security and access control, entertainment control and others.
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Internet of Things Testing Market Brings Unprecedented Scale With New Challenges

  February 27, 2019    No comments
The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for IoT testing mechanisms.


Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network.

A number of IoT testing service providers have emerged in the market who provide various managed services or professional services such as compatibility testing, pilot testing, regulatory testing, and upgrade testing. There are several implementation challenges in IoT testing that service providers must take into account. One such challenge is finding solution to the hardware-software mesh of the components. Functionality testing is limited in scope for understanding the dependence of hardware and software in the system. This calls for real-time communication among the IoT devices. The real-time data testing is fraught with creating viable regulatory points for pilot testing, noticeably in healthcare and medical industries.

Internet of Things (IoT) is a scenario where each and every object along with human beings or animals is connected to internet in order to send or receive data. It does not involve direct interaction with computers. The networking is more commonly known as connected devices or smart devices. With the advent of smart devices, the need to test the equipments for performance is pertinent. Hence the market for internet of things testing is expected to witness significant growth during the forecast period.

The market for internet of things testing is driven by several factors. The use of IoT in retail has helped the retailers to manage their goods and sell them online. In addition, the application of IoT also helps the vendors to manage their inventory effectively. Moreover, the integration of internet and the development of retail applications for mobiles are giving the users the possibility of shopping online without having to go to the stores. Moreover, IoT also ensures that the buyers can buy the things online and get them delivered at their desired address.
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Role of Digital Twin Technology Market in Future for Industrial Services

  February 27, 2019    No comments
The digital twin concept is a rising digital profile of a procedure or a physical product speaking to its utilitarian and behavioral qualities utilized for execution enhancement. The innovation has empowered augmentation of the genuine and the virtual world through constant digital portrayals of physical products that can reach out to each phase of the product improvement lifecycle appropriate from thought age to commercialization. Such digital models mimic the articles in a live setting empowering improved product analysis and process advancement. Because of its huge potential to enhance decision making, digital twin has been perceived as one of the key innovations in the past couple of years.


A large portion of the undertakings are generally receiving the innovation as it helps in enhancing the physical world which thus fundamentally enhances the operational proficiency and the business procedure. The digital twin innovation comprises of sensors that assistance in gathering the information which will represent the continuous information of the physical resource. An interface is produced by the digital twin innovation which encourages the associations to think about their various times operations with the goal that they can take better choices for what’s to come. The digital twin innovation has been embraced in a few modern applications, for instance, wind turbines and aircraft engines. Moreover, digital twin innovation is likewise utilized for trending applications like smart cities, diagnostics and monitoring.

Global Digital Twin Technology Market: Overview

The concept of a digital twin, which has been around from 2002, has become economically viable on account of latest, modern technologies such as the Internet of Things (IoT). IoT makes it cost effective to deploy. Digital twin technologies find application in product design and manufacturing process planning. Some of the end-use industries where they are used are healthcare, aviation, transportation, oil and gas, automotive, power and utilities, chemical, etc. Some of the types of software used for digital twin technologies are APDV, Predix, DTS-Si, etc.

A report by Transparency Market Research offers important information on the global market for digital twin technology by examining its various facets. It discusses the growth drivers, restraints, and trends in the market. It also makes use of popular analytical tools such as Porter’s Five Forces and SWOT analysis to comprehend the current competitive dynamics and segments the overall market into different groups to study it thoroughly.
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Embedded System Market Rides High on the Back of Growing End-use Applications and Innovations

  February 27, 2019    No comments
The global embedded system market is expected to witness a robust growth due to increase in demand for devices with embedded systems. These devices are contributing to growth in a wide range of sectors including defense, consumer, industrial, automotive, medical, and commercial. Embedded systems often undergo major changes which improve the use in end-use applications with increased sophistication and advancements in hardware. Key companies in the global embedded system market are expected to pour in large investments in research and development (R&D).

Hence, the global embedded systems market is expected to register a 6.4% CAGR rise during 2015 to 2021. The market is expected to reach US$233.19 bn by 2021 end. Apart from the drivers mentioned above, here are some more important points about the embedded systems market:
  • The growing demand for embedded systems in the automotive industry is also expected to fuel the growth of the market. Various small-sized electronic and electrical components make up vehicle body framework.
  • The demand from the automotive industry is expected to grow further as smart sensors, infotainment systems, and AI systems are increasingly integrated in vehicles.
  • The growing demand from telecommunications, defense, healthcare, consumer electronics, and aerospace is expected to boost the embedded systems market during the forecast period. Increasing interest among consumers for smart-gadgets, laptops, and tablets is expected to drive the consumer electronics segment. Each of these sectors is focused on bringing new development with the demand for more complex functions and higher accuracy.
  • New horizons such as automated smart home setups and AI-driven automobiles are also expected to emerge as a leading application segment.
  • Region wise, the North America embedded systems market is expected to make significant gains due to presence of large established players in the region. Growing automation in manufacturing as well as healthcare can also boost market growth between 2015 and 2021.
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Home Automation Technologies gather Increasing Steam in Home Security and Surveillance Services

  February 27, 2019    No comments
The home automation market unarguably is in constant state of evolution. The growth trajectories seemingly ride on the back of rapid digital integration in consumer products. The troika of convenience, comfort, and control is a compelling proposition driving the vast assortment of home automation products. Increasing affordability over time has one of the primary drivers for mainstreaming of smart homes technologies among homeowners in various regions across the globe. In recent years, growing popularity of voice control solutions is a case in point.

The prospects are vast. As a study by Transparency Market Research puts it, the global home automation market will clock a worth of US$ 116.26 Bn by 2026 end. One of the central facets of adoption of home automation products is high level of security and safety they provide from across the world. In all these, internet of things technology (IoT) has played unparalleled role in setting connected homes.

Advances in Home Connectivity Technologies underlie New Frontiers for Manufacturers 

Considerable advances in artificial intelligence have bolstered the capabilities of these devices, unlocking promising prospects. Furthermore, constant upgrades in home connected devices have undoubtedly expanded the potential of home automation technologies.

Several trends underlie the rising attractiveness of a slew of home automation devices especially in developed countries. Unprecedented advances in the market relate especially to connectivity technologies. Furthermore, a slew of home automation systems are characterized by advanced electronics, advanced monitoring technologies, and imaging systems. Moreover, developments in the home automation market is notably marked by rising usage of products for home security.


On the regional front, a number of developing and developed regions are expected to be potentially lucrative markets for home automation. In particular, Asia Pacific has shown unprecedented growth prospect in recent years. A factor behind this can be growing adoption of home automation for video surveillance services. Moreover, HVAC and lighting systems equipped with automation are gaining currency into the smart home landscape.
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Demand for Advanced Automation in Various Industries Fillip IT Robotic Automation Market

  February 27, 2019    No comments
Robotic automation process is a kind of application which offers software configuration in computers. Such process further helps in interpreting and capturing the transaction, manipulated data, processing responses, and creating a communication process with various digital systems. Robotic automation elevates the nature of work through stopping employees from doing repetitive tasks.


Growing need for advanced automation solutions in several industries, rising demand from IT industry due to increasing work speed of employees, and rapid technological advancements are driving the global IT robotic automation market. Along with these, rising demand for automation process in big data analytics, and growing demand for saving times in various enterprises are also fueling the demand in the global IT robotic automation market.

Furthermore, a trend in modernizing business processes for improving productivity along with providing satisfaction to the customers is also expected to fuel demand in the global IT robotic automation market. The robotic automation is highly adopted in IT industry for improving business processes along with financial management. This has become a key factor to thrust the global IT robotic automation market.

Rising Cloud-based Deployment to Fuel IT Robotic Automation Market

Robotic automation is widely adopted in infrastructural management and BPO services. IT robotic automation offers query handling, task allocation, automating invoicing, and payment processing. Such USPs are also boosting the global IT robotic automation market. However, rising demand from various organizations for alternative technologies to cater difficulties and challenges coming from dynamic environments, and increasing implementation of cloud-based solutions into enterprises augment demand in the global IT robotic automation market.

Robotic interference in IT operations and management helps in mitigating complexities and challenges smoothly and effectively. Many IT service providers are trying to leverage robotic automation processes for enhancing their capabilities to sustain in competitive world. Incorporation of technologies helps such providers in saving their times and also aids in reducing the operational cost. Such benefits are also boosting the global IT robotic automation market.
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Lithium-ion Battery Market Soars Wings with Increased Innovations

  February 27, 2019    No comments
The global lithium-ion battery market is witnessing robust demand by increasing innovations related to their productivity and longer life. Additionally, growing demand for clean energy in the automobile sector is boosting the market growth. Moreover, the invention of a wide range of smart gadgets and growing acceptance of digital way of life are expected to further drive the global lithium-ion market. Based on these drivers, the market is predicted to expand at a CAGR of 11.6% during 2016 – 2024. The global lithium-ion battery market is expected to reach US$77.42 bn valuation by 2024 end.

Other important factors driving growth are mentioned below:
  • Growing use of smartphones and increasing innovations in the market are expected to drive up the sales of 5– 25 Wh lithium-ion battery.
  • Increasing prominence of lithium-ion batteries in solar grids is also expected to drive demand. The use of these grids is expanding across industries and in households as well.
  • On Feb 18, 2019, the U.S. government announced its plans to recycle lithium-ion batteries from various sources. The move is expected to smoothen shortfalls in supply and bring price stability in the lithium-ion battery market.
  • The lithium-ion battery market faces challenge as high costs of procuring batteries is expected to pose a challenge to emerging regions. For example, the Indian government had announced its decision to support electric vehicle makers. It plans on replacing its current fossil-fueled cars with electric vehicles by 2030 end. However, high costs associated with lithium-ion batteries are posing a challenge to the move toward greener cars. Rising innovations in the industry and expected economies of scale in Europe and North America are expected to bring down the price of lithium-ion batteries in the near future.
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Caps and Closures Market: Convenience Beverage Demand to Serve as Growth Dynamic, finds TMR

  February 27, 2019    No comments
The five leading players in the U.S. caps and closures for non-carbonated beverages  market held a share of around 55% in the market in 2016, based on value, states Transparency Market Research (TMR) in a research report. Some of the leading companies operating in the market Bericap GmbH and Co KG, AptarGroup, Inc., Closure Systems International, Inc., and Silgan Plastic Closure Solutions have gained their leads in the market through extensive development strategies and high asset use in advancement and the establishment of more noteworthy number of assembling offices the nation over.

While there is as yet a not too bad bit of the U.S. closures and caps market for non-carbonated beverages that has a place with restricted substances, bigger makers in the beverage industry are more mindful of the brand nature of the pioneers, along these lines putting more confidence in their items. The competition in this market is likely to intensify over time with market leaders expanding their reach throughout the country through long-term contracts. The small sized vendors have the benefit of adapting to novel technologies earlier while the large vendors wrestle with extensive switching costs.

According to a TMR analyst, “The U.S. market for caps and closures for non-carbonated beverages is anticipated to register a 4.3% CAGR from 2016 to 2024. In 2016, the market was valued at US$2.64 bn and is likely to touch a valuation of US$3.82 bn by the end of 2024.” Based on application, the segment of bottled water led the U.S. market for caps and closures for non-carbonated beverages in 2016 and is likely to continue leading the market over the forecast period with a 6.1% CAGR.


“One of the main variables adding to the current rise in the U.S. closures and caps market for non-carbonated beverages is the developing interest for single-serve drinks. The requirement for particular tops and terminations that supplement the much touted hot fill process that can build the timeframe of realistic usability of various refreshment sorts. Moreover, the general interest for convenience beverages and food is expanding at an over the top rate over the U.S., with an ever increasing number of shoppers inclining towards nourishments that are nutritious and additionally simple to eat. The U.S. closures and caps market for non-carbonated beverages fits consummately into this developing specialty and will keep on benefitting from this expanding request over the not so distant,” states a TMR investigator.

Different components driving the U.S. caps and closures market for non-carbonated beverages incorporate the expanding support created via regular refreshments and the occasionally expanding interest for frosty or hot refreshments, and the expanding acknowledgment of current refreshments by bigger socioeconomics and gatherings of people.
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Global Wireless ICs Market is Growing due to Advancements in Electronics Industry

  February 27, 2019    No comments
Transparency Market Research (TMR) recently published a market research report that elucidates the vendor landscape of the global market for wireless charging ICS. Witnessing the huge market potential, several new players have entered the global market for wireless charging ICs over the past decade. It is expected that the entry of new players into the global market will prompt a counter response from the existing players. This response could take the shape of better and more innovative strategies, introduction new product lines, or expansion of geographical reach. Although the current competitive landscape of the global wireless charging IC market is largely consolidated, it is expected to undergo progressive fragmentation over the forthcoming years.
The current market players in the global wireless charging IC market have been making coordinated efforts to strengthen their position in the market. On the other hand, the new entrants in the global market for wireless charging IC are projected to form strategic alliances in order to strengthen their position in the market.

The global market for wireless charging IC is expected to grow at a boisterous CAGR of 24.54% over the period between 2016 and 2024, according to a report by Transparency Market Research (TMR). The global market was valued at US$1.43 bn in 2015, and is expected to touch a stellar value of US$10.14 bn by 2024-end. Asia Pacific has emerged as the leading regional segment of the global wireless charging IC market while receiver ICs have outdone the transmitter ICs in terms of demand.


In the contemporary times, portable consumer electronics have become an important part of the lives of people. This is expected to propel demand within the global market for wireless charging IC in the cotemporary times. Furthermore, travel for several business-related and leisure purposes have also led to an increased demand for wireless charging ICs. It is expected that the growth of the consumer electronics segment will give a push to the growth of the global market for wireless charging IC.

Smart watches and smart phones witnessed unprecedented levels of demand in recent times. People from all classes and backgrounds are necessarily using these electronics for their daily recourse. This is expected to give a push to the demand for wireless charging ICs in the forthcoming years.
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Cosmetic Ingredients Market to Grow Due to Rise in Spending Abilities

  February 27, 2019    No comments
The global cosmetic ingredients market is expected to be intensely fragmented due to the presence of various players in the global and regional market. The competition among the players seem to be extremely tough in order to sustain their position in coming yes. Some of the major players leading the market are AkzoNobel, The Dow Chemicals, Croda International, Lonza Group, Clariant AG, Solvay SA, Evonik Industries AG, Innospec Inc., and Ashland Inc. The completion between the key players is foreseen to toughen in the upcoming years as well.

According to the research report by Transparency Market Research (TMR), the global market for cosmetic ingredients is estimated to expand at a steady 4.60% CAGR during the forecast period from 2017 to 2025. The market was valued to be of worth US$22.89 bn in 2016, and is expected to reach around US$33.80 bn by the end of forecast period.

The major usage of cosmetic ingredients are as moisturizing agents, cleansing agents, and coloring agents. Out of these, the moisturizing agents segment accounts for the most important share in this market, owing to the rigorous use of moisturizing compounds in hair care, makeup, and skin care cosmetics. The analysts are expecting the scenario to be the same in future as well. Geographically, in 2016, mainly supported by India, Japan, China, and the Rest of Asia Pacific, the region dominated the global market with a collective share of 32.02%. This is attributed to the growing economy of the nations in Asia Pacific region which is shoeing in their living standard and spending capacities as well, propelling the market growth.


Owing to the rise in disposable income of customers, there has been an enhancement spending abilities and aesthetic cognizance. This has surged the demand for cosmetic ingredients to a large extent. Their desire to look good all the time over the years is driving the revenue of cosmetic products significantly all across the globe, which unavoidably, is intending towards a positive angle on the surging demand for cosmetic ingredients. The rise in consciousness regarding healthy skin and the surging utilization of anti-ageing cosmetics are in in a way boosting the overall cosmetic ingredients market altogether.

Cosmetic ingredients are essentially utilized as cleansing agents, moisturizing agents, and coloring compounds. Out of these, the moisturizing agent segment accounts for maximum share in this market, by virtue of the increased usage of the mentioned segment in hair care, healthy skin, and cosmetic beauty products. Researchers anticipate that the circumstance will remain same all through the accompanying couple of years.
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Tuesday, 26 February 2019

Multimedia Chipsets Market – Rising Wave of Next-Generation Smartphones and Wearable Devices Boost Market

  February 26, 2019    No comments
The multimedia chipsets market is intensely competitive, characterized by the high levels of competition among top players to constantly diversify their offerings in the two primary segments-graphics chipsets and audio chipsets, notes Transparency Market Research (TMR). The markets for both the segments features a fairly consolidated landscape with a vast scope of product differentiation. In the graphics chipsets market, the top three players-Advanced Micro Devices, Inc., NVIDIA, and Intel—held a combinedly whopping share of 98.2% in 2014. The top three makers of audio chipsets jointly held a substantial share of 69.4% in the same year, finds TMR. These leading players are Realtek Semiconductor Corporation, Qualcomm, and Cirrus Logic, Inc. These players are in constant pursuit of diversifying their products and are focused on developing innovative products for a variety of multimedia applications, in order to consolidate their shares in various regions.

Fueled by low investment required for entering the market, the threat of entry from new players is expected to intensify in the coming years, observes TMR. A number of players are collaborating with various chip makers and forming partnership agreements to bring down the high cost of setting of manufacturing units in the initial years. Competitive pricing and the development of high-performance multimedia chipsets are the key strategies adopted by several players to gain a competitive edge over others.

Witnessing ample growth opportunities in the gaming industry and accelerating adoption of multimedia chipsets in wearable devices, the global multimedia chipsets market is projected to rise at a CAGR of 6.6% from 2015 to 2023, in terms of revenue. Growing at this pace, the market is predicted to reach a valuation of US$40.99 bn by the end of the forecast period.

Regionally, currently Asia Pacific dominates the global market and is expected to retain its lead throughout the forecast period. The growth is expected to be driven by the substantial and steady demand for hand-held multimedia devices, IPTV, and set top boxes. Based on function, the market is led by the graphics chipsets segment and is predicted to remain so throughout the forecast period, primarily attributed to their growing applications in video streaming functionalities in consumer electronics.


The rapidly rising demand for cost-effective, highly functional hardware in a variety of mobile devices, including smartphones and wearable, is a key factor driving the market. The growing demand for feature-rich multimedia handsets in the areas of gaming and consumer electronics is vastly propelling the demand for advanced multimedia chipsets. 

These chipsets enable marked form factor reductions and high-quality video streaming in various wireless devices. In addition, their architecture enables multitasking on these multimedia devices, thereby bolstering their demand. The coming wave of sophisticated wearable devices and smartphones is a key trend expected to boost the multimedia chipsets market.  The rapidly increasing internet penetration in several emerging economies has further accentuated the demand for these electronic devices.
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Application Lifecycle Management Market Research Report Analysis and Forecasts to 2023

  February 26, 2019    No comments
Application lifecycle management makes a delivery of development, governance, and maintenance for application software. The major parts of application lifecycle management are build, design, requirements management, testing; and change, project, integration, and release management. The modern software development process is quite a complicated one. The traditional and conventional software development lifecycle (SDLC) has been applicable only to the process of development, whilst application lifecycle management works for the entire application lifecycle, from planning to deployment.

The players that are operating within the international market for application lifecycle management are developing a number of solutions for their customers in a bid to gain a competitive edge amongst other peers, as Transparency Market Research (TMR) states in its new study. Key application lifecycle management vendors that are operating in this market comprise eminent names such as Polarion Software GmbH, VersionOne, Inc., Atlassian Corporation Plc, Inflectra Corporation, HP Development Company, CollabNet, Inc., Parasoft Corporation, IBM Corporation, Microsoft Corporation, L.P., and Micro Focus International plc.

The international market for application lifecycle management generated revenues of around US$ 2.04 Bn in the year 2014 and is projected to expand at a growth rate of 8.9% CAGR over the period of forecast that extends from the year 2015 to the year 2023 so as to reach around US$ 4.39 Bn by the end of forecast period.

North America and Europe to Lead the Market Over the Period of Forecast   

The world market for application lifecycle management has been regionally segmented into the geographies of South America, North America, Asia Pacific, Middle East and Africa, and Europe. Out of all of these regions, North America and Europe are the major geographies that have been estimated to drive the growth of the world market for application lifecycle management market, states a TMR analyst.


The fast uptake of various types of mobile devices and the growth in the number of browsers/platforms across the globe has generated the need of a creation of a large number of mobile applications that need an efficient application development lifecycle. The increasing number of mobile devices would also lead to multiplatform complexity, which in turn increases the demand for application lifecycle management solutions. The need for greater efficiency across various teams and augmented engineering productivity are also factors that have been driving the market for application lifecycle management across the globe.
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Home Networking Device Market is Growing Due to Increasing Disposable Incomes

  February 26, 2019    No comments
The three leading players in the global market for home networking devices in 2014 were TP-Link Technologies Co., Ltd., ASUSTeK Computer, Inc., and D-Link Corporation. Their lead in this market is attributed to their greater focus on constant product innovation and a wide global distribution network.

According to a recently published report by Transparency Market Research, product development and innovation are essential for home networking devices providers to stay ahead of the curve in a technology industry that evolves by the day.

Armed with a CAGR of 7.0% within a forecast period from 2015 to 2023, the global market for home networking devices is expected to reach US$14.35 bn by the end of 2016 and US$23.23 bn by the end of 2023.

Wireless solutions not only continue to be the more popular solution in home networking devices, but the disparity between wired and wireless networking device revenues is expected to grow even further. By the end of 2023, the revenue generated by wireless home networking devices is expected to reach US$14.81 bn.

Routers have consistently been the leading home networking device components in terms of consumption. By the end of 2023, US$8.61 bn are expected to be generated by home networking device providers through the sale of routers.


By 2023, Asia Pacific is expected to generate a revenue of US$7.20 bn for its home networking devices providers. This region’s leading share in the global home networking devices market is attributed to its high population density coupled with the increasing disposable income among urban consumers.
North America is expected to lose part of its share to Asia Pacific due to an increased focus by home networking devices companies on emerging economies. North America, nonetheless, will continue to be a key contributor to the global demand for home networking devices.

High Demand for Home Connectivity Likely to Boost Need for Home Networking Devices

“More and more consumers are looking towards wirelessly connected devices operating within their homes. The scope of application of connected devices is increasing day by day, and so is the bandwidth that the devices can communicate on,” states a TMR analyst.
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Mechanized Irrigation Systems Market – North America Serving Maximum Demand

  February 26, 2019    No comments
The global mechanized irrigation systems market has been envisaged in a report by Transparency Market Research (TMR) to bear a highly fragmented nature until the end of the forecast tenure 2016-2024. Several leading players could look to acquire new companies entering the industry. However, other business tactics involving new product launch, expansion, and agreement have been foreseen to be used in the market to gain a strong position in the coming years. Some of the prominent names operating in the industry are Lindsay Corporation, Jain Irrigation Systems Limited, Hunter Industries, EPC Industries Limited, and Driptech India Pvt. Ltd.

TMR has envisioned the global mechanized irrigation systems market to register a 14.9% CAGR during the aforementioned forecast tenure. By the final forecast year, the market could be valued at a US$35.0 bn. On the basis of type, center pivot irrigation systems have been projected to continue their lead in the market from the recent past. By region, North America could account for a lion’s share of the market in the near future.

Remedying of Low Agricultural Production Raises Demand

The need to rectify inefficient irrigation systems and low agricultural production to improve crop productivity has been prophesied to be one of the crucial factors enhancing the demand in the world mechanized irrigation systems market. Agriculture could play a significant role in positively impacting the economic development of a nation. A number of mechanized irrigation systems are used in agriculture for applications such as watering crops. Impact sprinklers, moving water nozzles, lateral move systems, central pivot systems, and sprinklers are some of the common watering systems engaged in agricultural activities.


The demand for mechanized irrigation systems has been foretold to gain momentum because of the decrease in resource costs. As a result, mechanized irrigation systems could be highly adopted for a range of applications including plantation and cultivation, besides agriculture. Low cost of irrigation followed by improved productivity, government investments and promotions, and rising awareness about the benefits of using mechanized irrigation systems in farming could be among strong growth factors of the market.

Consistent Maintenance Requirement Throws Wrench in Works

TMR analysts have identified two leading growth restraints of the international mechanized irrigation systems market: constant need for equipment maintenance and expensive initial investment. Although these restraining factors have been expected to hamper the demand for mechanized irrigation systems, there could be other factors creating robust growth opportunities in the coming years.
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Flexible Packaging Market to Boost the Growth of Packaging Industry

  February 26, 2019    No comments
The presence of large number of players in the market and entry of new entrants in the global flexible packaging market is projected to intensify the market competition. The market competition is seen on the basis of price, quality, services, and innovation. The leading players in the market putting efforts by introducing innovative and bio-based packaging materials. Some of the key players in the global flexible packaging market are Berry Plastics Group, Inc., Constantia Flexibles Gmbh, Sonoco Products Co., Mondi Group, Huhtamäki Oyj, and Ampac Holdings, LLC.

In a recent report by Transparency Market Research, the global flexible packaging is expected to exhibit 5.2% of CAGR during the forecast period between 2016 and 2024. By rising at a steady CAGR the market is projected to touch US$358.7 bn by the end of 2024 progressing from US$238.5 bn as estimated in 2016.

Based on product type, the stand-up pouch segment has higher demand in the market and is likely to accumulate a valuation of US$85.9 bn by the end of 2024. This is because stand-up pouch has the ability to store different types of products and provides higher shelf life for liquid products. Based on geography, Europe is projected to lead the market and generate a revenue of US$117.7 bn during the forecast tenure. Asia Pacific also shows growth prospects for the flexible packaging market.

Application in Various Industries to Expand Market Growth 

Globally, the demand for flexible packaging has increased at a rapid rate, as it can be used for various purposes. Moreover, with advancements in packaging material and packaging technologies the demand in the flexible packaging has also grown at a significant rate. The demand for flexible packaging is also seen in various industries such as food and beverages, consumer goods, pharmaceuticals, and many others. Thus, the growing use of flexible packaging in different industries is projected to boost the demand for flexible packaging and expand the flexible packaging market.


Complex Recycling Procedure to Hamper Market Growth Opportunities

Conversely, some restraining factors that are projected to obstruct the growth of the flexible packaging market. One of the key factor is the use of multiple layer of various types of material are used that makes recycling difficult and is complicated procedure to deal with. In some of the cases plastic and metal are used together for flexible packaging which makes the recycling difficult, as plastic can be recycled is a much easy manner than metal. Moreover, the environmental norms and regulations are getting restrict day by day, which is also hindering the growth of flexible packaging market at the global level.
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Gesture Recognition Market – Hospitality to Grant Most Attractive Growth Opportunities

  February 26, 2019    No comments
A new publication by Transparency Market Research states that the competitive landscape of the global gesture recognition market is recognized with just a few players like Microsoft, Intel, Apple and Google. The main emphasis of these key players is to produce technological beneficiaries that helps to improve their already existing products as well as diversify and expand product portfolios in the market. Regional players are also displaying enormous growth potential and attracting big investors, taking the competition to a whole new level. The increasing popularity of gesture recognition in electronic gadgets have brought about rise in various industries like smart homes, industrial automation, and automobiles. The automobile industry is predicted to gain momentum with the growth of world gesture recognition market in the years to come.

TMR reports the market valuation for gesture recognition around us$ 11.60 bn as of 2015. Over the forecast period extending from 2016 to 2024, the market is predicted to reach a valuation of US$ 48.56 bn by 2024 with a double digit growth rate of 16.2% rise.

North America accounts for the largest share of revenue at almost 35% of the global gesture recognition market as per statistics gathered in 2015 by TMR.. Over the forecast period mentioned above, the North American market is forecasted to grow at a rate of 15.1% CAGR. Asia Pacific is estimated to distribute North America’s share over the forecast period.

Consumer Electronics is estimated to account for a 35.5% share in the market globally as of 2015. Products such as smart TVs, cameras and multimedia consoles of automobiles will make consumer electronics one of the most attractive application areas with a CAGR rise of over 14.6%.


Gesture recognition market is anticipated to experience the rise of highly advanced and innovative features. The market is undergoing immense flow of investment due to the popularity of largest technology brands and extensive research and development work. The gesture recognition technology comes with the capability to communicate machines with humans.

The adoption of gesture recognition application in place of touch-based control system is predicted to be influencing the international market immensely with a positive impact due to its rising application of gesture recognition technologies in automobiles. There is an increasing usage of this technology across various other industries like medical centers, aerospace, consumer electronics, defense, automotive, and industrial automation and this trend is estimated to continue its role as prime contributor to the world gesture recognition market.
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Disposition of Obsolete Equipment in an Ecofriendly Manner to Expand Cloud Computing Data Center (ITAD) Market

  February 26, 2019    No comments
The global cloud computing data center IT asset disposition (ITAD) market has a consolidated vendor landscape as few leading companies enjoy the larger share of the market. ITRenew Inc., Arrow Value Recovery Inc., Cloud Blue Technologies Inc., Sims Recycling Solutions Inc., and Apto Solutions dominates the overall ITAD market. Moreover, rising adoption of cloud services and cloud computing ITAD software and solutions have increased opportunities for cloud computing service (CCS) providing companies, including Facebook, Google, Apple, and Amazon. Entry of new players offering enhanced products will likely change the market dynamics in the near term.

According to the Transparency Market Research, the global cloud computing data center IT asset disposition market is anticipated to rise at a steady growth rate of 5.7% between 2016 and 2020. Thus, by rising at this rate the market is estimated to reach a valuation of US$4.6 bn by the end of 2020 progressing from US$3.5 bn as estimated in 2015.

In terms of solution, the data sanitization segment is predicted to hold larger share in the global cloud computing data center IT asset disposition market during the forecast period. On regional front, North America hold larger share and dominates the global market on the basis of growing demand for safe disposition of discarded IT assets. The IT asset is accumulated due to rapid upgrading of technologies in North America, thus driving sales of cloud computing data center IT asset disposition. In addition, Asia Pacific market for cloud computing data center ITAD is also expected to grow at significant rate in coming years.


Proper Disposition of Rejected Assets to Fuel uptake of Cloud Computing Data Center ITAD

Globally, increasing use of advanced technologies such as big data analytics and cloud computing have reduced the lifespan of IT equipment. In addition, the application of cloud services has also grown massively across the world; therefore, the need for proper management and disposition of discarded assets has gained tractions.  By using ITAD that helps in disposing unwanted and obsolete equipment in an ecofriendly manner has helped the market to grow at significant rate. In addition, the rising need for managing proper, safe retirement along with expanding data security keeping in mind environmental concerns has further augmented the demand in this market.
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Global Antimicrobial Packaging Market: Growing Disease Awareness to Emerge as Boon, finds TMR

  February 26, 2019    No comments
The global antimicrobial packaging market is expected to witness a highly intense competitive scenario in the coming years, states Transparency Market Research (TMR) in a research report. The increasing competition can be attributed to the presence of several regional and global players of small, medium, and large scale. The crème of the crops present in the market are The Dow Chemical Company, BASF SE, Sciessent LLC, and Takex Labo Co. Ltd. The companies are likely to get attracted by the opportunities present in the Asia Pacific region. The players are likely to highly benefit from this market owing to the rising demand for convenience food in the region along with proliferating health concerns among the people living in the region which will give the players a better opportunity to enhance their reach, thus further intensifying a competition.

According to a TMR analyst, “The global market for antimicrobial packaging is expected to witness a 5.1% CAGR from 2016 to 2024. The market is expected to be worth US$15.31 bn by the end of 2024 rising from a valuation of US$10.28 bn in 2016.”

Plastics to be in Ultimate Demand 

On the basis of materials, the global market has been segmented into plastics, biopolymers, paperboards, and tin, among other minority materials. Among all these, plastics have emerged as the most loved material and have been gaining popularity owing to their superior features related to chemical, mechanical, and physical formulations. Plastics are effortlessly pliant, can give adequate levels of flexibility, security against tears, numerous layered packaging, all requiring little to no effort when contrasted with other packaging materials.

Region-wise, the market has been segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Asia Pacific emerged as the leading region in 2015 accounting for a share of 33.3% in the same year. It is expected to maintain the leading position until the end of the forecast period.


High Shelf Life Provision to Augment Demand

The expanding examples of waterborne and foodborne diseases, cost expansion food and beverages industry, and growing awareness regarding food shortage around the globe is setting a ton of consumers at a spot where they need to maintain a strategic distance from wastage of food however much as could reasonably be expected. This need is enlarged by the general household inclinations with the average workers of accumulating certain sorts of beverages, mixers, condiments, spices, and food products.

On the whole, this structures the main factor driving the worldwide antimicrobial packaging market, because of the reasonable lead that antimicrobial packaging holds as far as broadening the time span of usability of its consumable substance. Producers of food products and also the basic consumer statistic is currently searching for approaches to build the general life expectancy of food and beverage products and this pursuit drives them to the few sorts of antimicrobial packaging accessible today.
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Folding Cartons Market is Growing Due to Increasing Adoption from Food and Beverage Industry

  February 26, 2019    No comments
Key players in the global folding cartons are focusing on product proliferation to strengthen their market hold, states a newly launched market intelligence report by Transparency Market research (TMR). Apart from this, increasing investments form top players for development of advance techniques is boosting the global folding cartons market. Some of the predominant players operating in the market are Westrock Company, Amcor Limited, Huhtamaki Oyi, Sonoco Products Company, and AR Packaging Group AB.

As per the TMR report, global folding cartons market is expected to consume 29,036,000 tonnes by the end of 2025 in terms of volume. The market is projected to rise at a steady CAGR of 4.7% over the forecast period of 2017 to 2025 in terms of volume.

Among all the regions, Asia Pacific is dominating in terms of value and volume owing to the rising trend of packaged food across the developing countries such as China and India. On the basis of end user, food and beverage industry accounts for a large market share. The same is expected to continue in the near future as well. One of the major factors behind the growth of this end use, the segment is leading to the increasing consumption of folding cartons. 

Changing Lifestyle and Eating Habits to Bolster Growth  

The increasing demand for folding carton for several applications is fueling the growth of the global folding cartons market. This is mainly due to rise in consumption of packaged food owing to the changing lifestyle of people. Further, manufactures of folding cartons market are focusing on advanced product development techniques to cater rising adoption from end users.

Furthermore, increasing investment for use of latest technologies and new product launch by  manufacturers are some other factors addressing the growing demand for folding cartons. Some other factors such as favorable demographics, increasing disposable income, rising consumer awareness, and demand for processed food are driving this market. To serve this, suppliers and product manufacturers are adopting unit-level and small-sized packaging machinery. These factors are boosting the global folding cartons market.


Fluctuations in Wood Pulp Price May Hinder Prospect of Market 

One factor which may dampen the growth of the global folding carton market is regular fluctuations in wood pulp price. This may have a negative impact on the growth of the market. For the past few years, the prices for paper has been increasing at an alarming rate due to demand supply gaps globally.
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Global Case Packers Market to Reach a Valuation of US$1,450.7 7 Million by 2025, Owing to Thriving Demand from Food and Beverages Industry

  February 26, 2019    No comments
The global case packers market is categorized by the presence of numerous players operating in it. Players in the market are focusing on innovation to cater the demand from the end user industry.  Key players in the global case packers market are experimenting with novel strategies to strengthen their market hold. Some of the prominent players operating in the global case packers market  are Shibuya Corporation, Smurfit Kappa Group, Omori Machinery Co. Ltd., Tetra Pak International S.A., Rovema GmbH, and Marchesini Group S.p.A.

As per a  recent market report by Transparency Market Research (TMR) on global case packers market, the market is estimated to reach a valuation of US$1,450.7 million by 2025 end, rising at a steady CAGR of  4.3% during the forecast period that is 2017- 2025. The market was evaluated at US$1,457.2 mn in 2017.

On the basis of end-use industry, food and beverage industry leads the market share of the segment owing to the huge demand. Geographically, Europe and North America altogether holds substantial share in the regional market at present. Case packer market in Asia Pacific region is rising at great speed owing to the presence of numerous end user industries in the region. The case packer market in the region is expected to rise at a CAGR of 5.9% during the forecast period. And it is estimated to surpass Europe and North America market in the near future


Case packers find extensive application in several end-use industries including food and beverage, cosmetics and personal care, and pharmaceuticals.  The growing demand from food and beverage industry is expected to propel the global case packers market. On the basis of machine type, robotic case packers  have more demand among the end users. This is mainly because of its ability to pick up irregular shape.

Further, it allows more rotation as compared to other machine type. The rise in the demand of end users dealing in different product portfolio is fueling the global robotic case packers market. Globally, the demand for the robotic case packers segment is expected to expand at a CAGR of 4.7% during the forecast period of 2017 to 2025.  Apart from this, low cost associated with the automatic case packers is encouraging small scale manufacturer. This is expected to rise the market of share of the automatic case packers market. 
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Monday, 25 February 2019

Molded Fiber Clamshell and Container Market – APEJ to Exhibit Promising Opportunity, North America to Rise

  February 25, 2019    No comments
The global molded fiber clamshell and container market has become a key part of the packaging sector in recent years due to their benefits such as cheap costs compared to traditional alternatives, light weight, and environmentally sustainable composition. The molded fiber clamshell and container market is thus set for rapid growth over the 2017-2022 forecast period due to steady growth of the packaging industry to satisfy the demands of a growing set of end use industries. Europe is likely to be a key region for the global molded fiber clamshell and container market, with the region set to occupy a dominant share in the global market through the 2017-2022 forecast period. Asia Pacific except Japan is also likely to play a key role in the global molded fiber clamshell and container market over the 2017-2022 forecast period due to growing demand from the region’s emerging economies.

According to Transparency Market Research, the global molded fiber clamshell and container market is likely to reach a valuation of more than US$2 bn by the end of 2017, with the market expected to further rise to more than US$2.7 bn by the end of 2022.

Here are the key insights into the growth prospects of the global molded fiber clamshell and container market in the coming years:

The rising demand for molded fiber clamshells and containers from the food and beverage industry is likely to be a major growth driver for the market over the coming years. The food and beverage industry has become a leading end user of the packaging industry in recent years due to the rapid globalization of the industry, leading to growing demand for long-distance shipping of fresh foods.

The growing consumption of fresh fruits, vegetables, and eggs is likely to remain a vital driver for the global molded fiber clamshell and container market over the coming years. Such foods have become popular among urban consumers, who are becoming increasingly aware about the importance of a healthy diet. This is likely to be a vital driver for the global molded fiber clamshell and container market over the coming years, as urban retail sales channels have embraced the use of molded fiber clamshells and containers.


One of the prime factors enabling steady growth of the global molded fiber clamshell and container market is their environmental sustainability. Since molded fiber clamshells and containers are made from recycled paper and other such materials, they cause no environmental harm when they are disposed. This gives them a considerable advantage over conventional packaging materials such as plastics, which have come under the spotlight in numerous regions due to the impact of plastic packaging on environmental degradation. The rising government support to environmental measures is thus likely to remain a key driver for the global molded fiber clamshell and container market in the coming years.
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Media and Entertainment Industry to Dominate Demand from 3D Animation Market

  February 25, 2019    No comments
The global 3D animation market is prognosticated in a report by Transparency Market Research (TMR) to witness a massive influx of new players attracted to remunerative opportunities available. With a view to enjoy the advantage of skilled and cost-effective labor and take the edge off challenges related to in-house research and development, a significant count of players are expected to involve themselves in mergers and acquisitions. For instance, Solid Angle S.L. was acquired by Autodesk in April 2016. The market marks the presence of top players such as Adobe Systems Inc., Nemetschek SE, and Autodesk Inc.

TMR envisages the global 3D animation market to be worth a US$26.8 bn by the end of 2022 while rising at a 14.5% CAGR during the forecast tenure 2017-2022. In 2017, the market was valued at a US$13.6 bn. By hardware, it could be led by video cards and graphics processing unit (GPU), which accounted for a 35.7% share in 2017. Regionally, North America is anticipated to collect a lion’s share while expanding at a CAGR of 17.4%.

Emergence of AI, VR, and AR Increases Competition, Encouraging Growth

The entertainment and media industry has been raising high demand for 3D animation with increased adoption in the recent years. Besides improved adoption of 3D animation and visual effects, the industry has been pushing the global market based on other important factors. The world 3D animation market could be boosted by the advent of AI, VR, and AR and increasing competitiveness as a result of it. Furthermore, rising interest in watching animated movies is predicted to set the tone for valuable growth of the market.


Uptake of 3D mapping technology could surge because of high demand for 3D mobile applications and games. Growth of the world 3D animation market is foreseen to see a rise owing to swelling adoption of the technology in geospatial navigation and analysis.

Piracy and Corruption Cause Demand for 3D Animation to See Downfall

The international 3D animation market has seen rapid adoption in different end-use industries such as education, healthcare, and manufacturing. However, vendors are foretold to face certain challenges in their operation. These include price sensitivity, low proficiency level, and constant exposure to piracy and corruption.
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50 to 100 ml Segment to Dominate Global Aluminum Barrier Laminate Tubes Market

  February 25, 2019    No comments
The global aluminum barrier laminate (ABL) tubes market is highly competitive, thanks to the presence of a number of players, states a new report by Transparency Market Research (TMR). The leading companies in this market rely heavily on technological advancements of their existing products in an effort to strengthen their position among consumers. However, the competition within the market is expected to intensify further and the leading players are projected to shift their focus towards expanding their regional reach in the near future. Ambertube, Pirlo, Essel Propack, Montebello Packaging, Linhardt, Hoffmann Neopac, Impact Int., Tubapack, Huhtamaki, and Intrapac Int. are some of the leading players in this market, reports the research study.

As per the report’s estimations, the overall opportunity in the global market for aluminum barrier laminate tubes touched US$772.3 mn by 2017 end. Analysts anticipated the market to proliferate at a CAGR of 5.50% over the period from 2017 to 2022 and attain US$1.01 bn by the end of the period of the forecast. In terms of capacity, the 50 to 100 ml aluminum barrier laminate tube segment witnesses a relatively greater demand across the world and this trend is predicted to remain so over the next few years.

On the basis of geography, the worldwide market for aluminum barrier laminate tubes registers its presence across the Middle East and Africa (MEA), Latin America, North America, Europe, Asia Pacific excluding Japan (APEJ), and Japan. Among these, Europe has surfaced as the market leader and, expanding at a CAGR of 5.50% between 2017 and 2022, this regional market is anticipated to continue on the top over the forthcoming years, states the market report.


“The global market for aluminum barrier laminate tubes has gained significant momentum, thanks to the constant rise in the packaging sector across the world,” says an analyst at TMR. Globally, aluminum barrier laminate tubes find substantial application in premium consumer goods, such as premium oils, antiseptics, dental creams, and adhesives, and, these days, they are also being thoroughly utilized in the packaging of food products. The augmenting demand for premium consumer goods is expected to drive the growth of the worldwide market for aluminum barrier laminate tubes in the years to come, states the research report.
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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 ...