Thursday, 20 June 2019

Industrial Protective Footwear Market Became a Highly Profitable Industry

Transparency Market Research has published a new report on the Turkey and Russia industrial footwear market. As per the report, the Turkey industrial protective footwear market is expected to expand at a 9.10% CAGR from 2014 to 2020. The market stood at US$282.6 mn in 2013 and is expected to reach US$518.2 mn by 2020. The report, titled ‘Industrial Protective Footwear Market – Turkey and Russia Industry Analysis, Trend, Size, Share and Forecast 2014 – 2020,’ also states that the Russia industrial protective footwear market is predicted to progress from US$356.7 mn in 2013 to US$556.1 mn by 2020, expanding at a 6.60% CAGR from 2014 to 2020. The increasing government support and rising awareness about workplace security are predicted to propel the Turkey and Russia industrial footwear market in the years to come.

The industrial protective footwear market comprises all kinds of footwear that are used by workers working in various industries such as construction, oil and gas, manufacturing, pharmaceuticals, chemicals, and others. The growing need for using protective equipment in the workplace and the rising number of supportive policies made by regulatory authorities are predicted to benefit the Turkey and Russia industrial footwear market in the next few years. The increasing potential of the Turkey and Russia industrial footwear market is predicted to attract many new companies from across the globe. However, government rules and regulations are predicted to act as strict barriers for new entrants in the years to come.

Various industrial protective footwear providers are taking efforts to introduce new devices and workplace protective equipment to fulfill the needs of workers. The demand for protective footwear from small-scale manufacturing firms and other segments such as agriculture, the unorganized sector, and government usage is expected to increase in the next few years. The manufacturing segment stood at US$46.4 mn in 2013 and is expected to progress at an 8.10% CAGR during the period from 2014 to 2020. The upcoming business opportunities and rapid industrialization have assisted the growth of the manufacturing application segment. At present, in Russia, the manufacturing application segment is the fastest growing segment.

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In 2013, in terms of volume, the oil and gas segment recorded a demand for 0.86 million pairs. Further, the average selling price for the construction segment was the highest in 2013, with the segment being valued at US$108.06 mn. The food application segment stood at US$15.0 mn in 2013 and is predicted to be the fastest-growing market in the Turkey industrial protective footwear market. The food application segment is expected to expand at a 10.30% CAGR during the period between 2014 and 2020. Factors responsible for the growth of the food application segment are the changing government regulations and the rising awareness about workplace security and safety.

Domestic Booster Pump Market to be worth US$ 4.69 Bn by 2026

According to a new market report published by Transparency Market Research titled Domestic Booster Pump Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,the global domestic booster pump market is expected to reach US$ 4.69 Bn by 2026, expanding at a CAGR of 8.3% from 2018 to 2026. Asia Pacific held the dominant market share of the domestic booster pump market in 2017.

A booster pump is a single or multi-stage pump with start/stop functionalities such as a pressure switch or small control unit to start/stop the pump. The allocation of huge funds by the governments of countries such as India toward various industrialization and urbanization projects is anticipated to create huge opportunities for the pumps and booster pumps market in the near future. The number of small- and medium-sized players in the pumps market is rising rapidly. As compared to organized pump manufacturers, small and medium companies offer products at low-cost. The global consumption of pumps is very high due to continuous growth in population and residential construction. Technological advancement in product manufacturing to create a diverse product portfolio acts as a strength to the domestic booster pumps market.

Asia Pacific is expected to have the highest growth rate during the forecast period due to continuous growth in population and residential construction in this region. The market share of domestic booster pumps in Asia Pacific was 37.2% in 2017 followed by Europe. The mass migration of rural citizens into major urban centers along with the continued development of rural areas is expected to generate high demand for booster pumps in water infrastructure, power generation, and to meet other basic needs of the growing population.

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By product, multiple stage pumps have the highest growth opportunities as consumers prefer to choose multiple stage domestic booster pumps over single stage pumps as these types of pumps are used to boost water supply in tall buildings or in hilly areas for various commercial and residential applications.
By application, residential homes/flats segment in the domestic booster pumps market holds the largest share and is expected to continue its dominant market position in the near future as there are more residential homes/flats as compared to farm houses and guest houses.

MicroLED Market to record a CAGR of 21.14% by 2026 – TMR

According to a new report pertaining to the MicroLED market, published by Transparency Market Research, the global MicroLED market is expected to reach US$ 286.38 Mn by 2026, expanding at a CAGR of 21.14% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at above 25% through 2026. MicroLED market growth is expected to witness a surge over the forecast period due to the continuously increasing usage of wearable devices across different regions.

Longer lifespan of MicroLED in comparison to OLED, driving the global MicroLED market

MicroLED is made of semiconductor material which is inorganic in nature, and the overall size of the component is less than 100um, due to which it is known as MicroLED. An array of MicroLEDs are being set for the purpose of forming discrete pixel elements. The MicroLED market has created considerable interest among leading brands, which includes Samsung and Apple, which have bought many MicroLED start-up companies.

MicroLED has potential applications in smart Near-to-Eye wearable, automotive displays, smart watches, and signage’s. Additionally, MicroLEDs are expected to have much longer lifespan and response time in comparison to OLEDs; this generates interest for MicroLEDs. Samsung is presently well poised to develop 150-inch MicroLED TV in 2018. Advancement in technologies such as MicroLEDs and OLEDs have been able to fulfill the market demand for better viewing experience, efficiency, and improved aesthetics; these technical factors are also well poised to increase the product life expectancy even further than earlier technologies.

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The global MicroLED market is broadly segmented by type and application. According to the research study, by type, the display segment held the maximum market share and is anticipated to show a CAGR of above 20% through 2026. Display segment’s revenue contribution is primarily due to significant deployment of MicroLED across applications such as smartphones, and smart watches.The display segment is anticipated to remain dominant over the forecast period. As the market is in its initial stage, in the current MicroLED market, services which includes installation, maintenance, and repair related to MicroLED are limited.

However, expected significant reduction of the MicroLED panel cost in the near future is likely to create a lucrative market for MicroLED and hence the MicroLED display segment is anticipated to expand at the highest CAGR over the forecast period. The report projects the lighting segment to show a CAGR above 15% over the forecast period. As per TMR analysis, MicroLED market’s smartphone application segment grabbed the maximum market share in 2017 and a similar trend is expected to be seen over the forecast period.
Improvement of the quality and uniformity of the epitaxial wafers required to maintain the low cost and high yield is expected to drive the smartphone application in the global MicroLED market. The MicroLED market is anticipated to witness moderate growth during the forecast period due to rapid growth of AR/MR.

Terrestrial Trunked Radio (TETRA) Market Became a Highly Profitable Industry: Revenue Analysis and Industry Forecast, 2018-2026

A fresh market intelligence study by Transparency Market Research (TMR) detects the global terrestrial trunked radio (TETRA) market is largely a concentrated one with key market share held by a few dominant players that operate globally as well in regional markets. In a highly competitive business landscape, prominent companies are striving to stay ahead by providing differentiator services such as in public safety and critical communication spaces. This is also helping these companies to expand their geographical outreach. For instance, in May 2017, Hytera Communications acquired Sepura Gropup Plc. to expand their services in the European region.

Key players that operate in the global TETRA market include Motorola Solutions, ROHILL Engineering B.V., Damm Cellular Systems A/S, Airbus Defense and Space Oy, Rolta India Limited, Simoco Wireless Solutions, Cobham plc, JVCKENWOOD Corporation, Hytera Communications, and Leonardo among others.

As per the TMR report, the global TETRA market is likely to expand at a healthy 11.97% CAGR during the forecast period from 2017 to 2025. At this pace, the market will become worth US$12,166.7 mn by the end of 2025.

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The application segments of the global TETRA market include transportation and logistics, aviation, oil & gas, public safety, and others. Of them, the public safety segment is anticipated to account for the leading revenue contribution to the overall market over the forecast period. Among the key component types, hardware is likely to occupy for the leading 43.9% revenue contribution to the TETRA market by 2025. Geography-wise, Asia Pacific TETRA market is a significant one mainly due to the adoption of TETRA in a host of service areas.

Foolproof Communication Needs of Public Safety Agencies Boosts Adoption

First and foremost, the rising need to provide foolproof mission-control critical communication system for homeland security of nations is primarily driving the TETRA market. Further, the need to serve communication needs of various public safety agencies such as fire department, police, utility companies, and other services is also stoking the market’s growth. These agencies handle critical information that needs to be transmitted in a timely manner.

Biometric Sensors Market | How It Is Going To Impact On Global Industry To Grow In Near Future

The global biometric sensors market depicts the presence of a substantially competitive landscape, says Transprarency Market Research, based on a research report. Numerous local as well as international companies operate in this market. Most companies are incorporating strategies such as mergers and acquisitions, collaborations, and partnerships, expand in the global biometric sensors market. Moreover, the players are also focusing on improving the device quality as well as services provided. The competition is likely to intensify as the number of companies grows in the global biometric sensors market. Some of the major players operating in the market are CrossMatch Technologies, Inc., Infineon Technologies AG, 3M, NEC Corporation, ZKTeco Inc, Suprema Inc., IDEX ASA, Precise Biometrics Ab, and Safran, among several others. 

According to expert analysts from Transparency Market Research, the global biometric sensors market is prognosticated to expand at a splendid CAGR of 9.6% during the forecast period ranging from 2015 to 2023. The market had registered revenue worth US$710.0 mn in 2014. This revenue is expected to reach a valuation of 1625.8 mn by the end of the forecast period. 

The global biometric sensors market is segmented on the basis of type, application, and end use. With respect to application, the market showcases the fingerprint sensors segment to lead with highest revenue generation capacity. This is mainly due to an increase in demand and use of authentication-based services. This is mainly due safeguard and secure important data and other information stored in systems. From a regional perspective, Asia Pacific holds a leading position in the global biometric sensors market, mainly due to increasing number of corporate companies in the region. 

Increasing Need for High Security Standards Boosts Biosensors Market’s Growth

The demand for fingerprint identification is increasing by the day, mainly due to rising use of latest smart devices and smart phones. Several organizations need to store classified information. Moreover, entry to several places needs to be facilitated through restriction. These are major reasons that necessitate the use of biometric sensors, thereby driving growth in the global biometric sensors market.

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In addition, with several advancements in technology occurring at a breath-neck pace, an increasing level of sophistication exists in terms of security and data protection. This factor too majorly contributes towards the global biometric sensors market’s expansion. The sensor technology is being made substantially lightweight and compact, as well as equipped with state-of-the-art security features. With increasing demand for such advantages and features, the global biometric sensors market is expected to witness a major surge in terms of revenue generation in the near future. 

Lack of Availability and Standardization Issues Hamper Market’s Presence

However most of the sensors are substantially expense. This might make it difficult for several small organizations having less capital to procure them. Moreover, these sensors are still not in vogue in various developing as well as underdeveloped economies as a result of high cost and less availability. These are two major factors acting as restraints affecting the global biometric sensors market. There also exists lack of standardization in terms of development and implementation of sensor devices.

Growth of the Manufacturing Industry to Fuel the Smart Home Market

Digital has become the most preferred medium of communication today. While it facilitates communication between two individuals, it has also opened avenues for humans to communicate with gadgets. For instance, one could switch on his bathroom’s geyser while driving back home from work, and instantly step into the shower. These are called smart devices and fall under the global smart home market.

In the last few years, the global smart home market has caught pace, thanks to the surge in consumption of smartphones and internet. A Transparency Market Research Study analyzes the global smart home market and predicts that the market would grow at an astounding CAGR of 18.4% during the forecast period. The global smart home market was valued at US$36.27bn in 2017, analysts at TMR cite in the report.

Innovation forms the fulcrum for competition in the global smart home market as competitors strive hard to roll out products that would attract the attention of consumers. As the tech savvy population grows across the world, demands will also vary from one geography to another. This will push players in the global smart home market to develop variants that suit a wide variety of requirements.

When it comes to regions, the global smart home market is scattered across the world. Technologically advanced nations like the U.S. and Canda propel demand in North America. Therefore, this region is expected to reign the global smart home market. Further, players in the global smart home market will have a keen eye on Asia Pacific as demand for smart home devices is growing in countries like India, China, Malaysia, South Korea, and Japan.
 
 
Easy Access to Internet Spurs Demand

The primary requirement for the global smart home market is internet. Today, every corner of the world is connected with internet. Smart home devices are connected to the internet and have to be controlled by an external device, or can be by used by voice command. Today, most people possess a smartphone which is connected to internet, thus promoting possibilities of consumption in the global smart home market.

3D Sensor Market is Forecast to Reach US$ 2,556.6 Mn by 2026

According to a new market report pertaining to the 3D sensor market, published by Transparency Market Research, the global 3D sensor market is expected to reach US$ 2,556.6 Mn by 2026, expanding at a CAGR of 7.2% from 2018 to 2026. According to the report, the global 3D sensor market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 7.9% through 2026.

Need to improve performance of electronic devices driving the global 3D sensor market

Most 3D sensors enhance performance of consumer electronic devices including smartphones, laptops, cameras, and gaming devices, apart from many other automotive, and healthcare applications. The additional features provided by 3D sensors such as depth sensing, augmented reality in gaming devices, and some other significant features improves performance of these devices and offers better user experience. This has led to the growth in integration of 3D sensors in electronic devices which helps to drive the global 3D sensor market.

3D Sensor Market: Scope of the Report 

The global 3D sensor market is broadly segmented in terms of type, technology, end use, and region. By type, the global 3D sensor market is segmented into image sensor, position sensor, acoustic sensor, proximity sensor, and others. Among all the sensor types, the image sensor segment held the highest market share of 48.83% in 2017. Image sensors offer artificial intelligence in smartphones introduced by some of the leading players such as Apple. Apple has already taken the lead to include image sensors in their smartphones, and other companies are also following the same trend.

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Hence, the image sensor segment is anticipated to be the dominant segment with the highest CAGR of 7.9%. By technology, the global 3D sensor market is segmented into stereo vision, time-of-flight, structured sensor, infrared sensor technology, and hall technology. Among these technologies, time-of-flight contributed the largest market share of 37.18% in 2017 and is anticipated to dominate the market during the forecast period owing to increasing adoption in multiple applications. This is mainly due to much higher frame provided by time-of-flight compared to other technologies.

Based on end use, the market is segmented into consumer electronics, healthcare, aerospace & defense, automotive, industrial robotics, security & surveillance, media & entertainment, and others. Among the end users, automotive sector is anticipated to dominate the global 3D sensor market with the highest CAGR of 8.3% throughout the forecast period. 3D sensors are used in vehicles for real-time imaging in various applications such as passenger monitoring, autonomous driving, and to monitor driver attentiveness. This has influenced the use of 3D sensors inside vehicles which is resulting in increasing growth scale of 3D sensors in the automotive sector.

Slider Zipper for Packaging Market Witnessed To Take An Uptick In The Forecast Year 2028

Slider zippers are commonly utilized in primary packaging. Slider zippers, helps reinforce primary packaging which is done to preserve and protect the constituents of the package from contamination and damage. Slider technology employ a small sliding piece which helps in opening and closing the package. Apart from being light weight, these slider zipper for packaging ensures that the constituents of the package are completely sealed off from the environment.

Plastic pouches along with other packaging formats can easily be fitted with slider zippers. Slider zipper adds reclosability to the aforementioned packaging formats. Slider zippers can also be useful for the packaging of products or materials which require repeated access. Their reclosability adds only a small cost to the packaging, yet significantly increases the perceived value. Along with that, slider zippers for packaging greatly intensifies the convenience, portability and single-handed use.

Companies functioning in the slider zipper for packaging market are involved in a lot of research and development to find new applications for them. Among the major innovations in the market are the Fresh-Lock press-to-close zippers by Presto Products Company. The company has also innovated closure systems called Slide-Rite and Child-Guard child-resistant technology. Also, the companies in the Slider zipper for packaging market, to reduce the waste and encourage recycling, are looking for new ways to manufacture such zippers. With aforementioned developments in the slider zipper for packaging market, the sale of such slider zipper for packaging is expected to surge and provide positive push for the market in the years to come.

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Some of the key players operating in the global slider zipper for packaging market are – Tier I (Presto Products Company, The YKK Group, SVP Packing Industry Pvt Ltd., UVA Packaging, Layfield Group Ltd., Zip-Pak, Inc.), Tier II (Millennium Packaging & Marketing, Diamond Flexible Packaging, Olympic Zipper Limited, Fujian SBS Zipper Science & Technology Co.Ltd., Zhejiang Sandeli Zipper Co., Ltd., Goel Zippers, Ansun Multitech), Tier III (Guangzhou QLQ Enterprise Co.,Ltd., Zhejiang Dawei Zipper Co., Ltd., Kao Shing Zipper Co., Ltd., Lenzip Mfg. Corp., Euro-A Zipper Company Limited, W&T Company Inc., NEO Zipper Co., Ltd., and Ditta Giovanni Lanfranchi S.p.A.).

Future Prospects

The growth in the disposable income around the world is expected to entice the demand for slider zipper for packaging market as more and more people use them. Furthermore, the convenience these slider zippers provide to the end-users is also expected to be a major factor driving the market. Moreover, the change in lifestyle owing to the increasing urbanization is also projected to add to the demand for slider zipper for packaging market. While the market is expected to ascend in the next few years, there are certain challenges too. The difficulty in recycling the slider zippers for packaging is expected to offer resistance to market growth in the coming years.

Ultra Violet Glass Bottles Market | Key Development Opportunities Hidden In Emerging Economies

Ultra violet glass bottles, as opposed to the conventional glass bottles, offer a lot more advantages. Ultra violet glass bottles help in extending the freshness and potency of stored materials, contrasting to the conventional glass bottles which just store contents. Conventional glass bottles provide improper protection against visible light as compared to the ultra violet glass bottles which can extend the freshness of the stored material by blocking out the harmful spectrum of visible light responsible for degradation and decomposition while selectively allowing infrared and UV-A rays. These bottles can preserve goods ranging from six months to two years.

Ultra violet glass bottles are airtight, thus locking-in the freshness & fragrance inside them. In addition to that, ultra violet glass bottles are eco-friendly. Ultra violet glass bottles are fairly durable as they are made of special pigmented glass which is thicker than conventional glass bottles. They can easily survive most everyday carpet falls. Moreover, such bottles look aesthetically beautiful and premium, making them a great proposition for cosmetic and food companies. Compared to other packaging formats made of plastic, ultra violet glass bottles do not contain additives/chemicals that might influence the hardness, or the texture of material stored.

Companies operating in the ultra violet glass bottles market are involved in a lot of research and development to find new application for these bottles. Also, these manufacturers in the ultra violet glass bottles market, to reduce the waste and encourage recycling, are looking for new ways to create even lighter glass bottles. With aforementioned developments in the ultra violet glass bottles market, the sale of such ultra violet glass bottles is expected to increase and provide positive push for the market in the years to come.

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Some of the key players operating in the global Ultra Violet Glass Bottles market are – Tier I (Infinity Jars, MIRON Violetglass BV, JUVITUS), Tier II (PremiumVials, LA Container Inc., MONVERA GLASS DÉCOR, JZ), Tier III (New arts, QINGTEAN, Qingdao Xinte Packaging Co., Ltd., WELLBOTTLE, Ruipack, YM bottle, SDU, bottlecn, YB, F&C, Hongyuan, and Sheenland).

The increasing awareness about the advantages of ultra violet glass bottles is also anticipated to emerge as a major driver of growth. Their growing usage in medicine, food & beverage and cosmetics as these bottles can keep their constituents fresh and intact is also projected to boost the market size in the coming years. While the market is expected to spur in the next few years, there have been challenges too. Ultra violet glass bottles are typically more expensive than conventional glass bottles. Their high price is expected to hinder the growth of the market. Moreover, ultra violet glass bottles have low penetration rate in the developing world.

Medication Dispensing & Packaging Systems Market Forcasted for Accelerated Growth by 2026

According to various surveys that have taken place globally, it has been found that around 5% of the patients have to go to medical attention due to wrong consumption of medication. The automatic medication dispensing & packaging systems has provided an efficient solution for this concern by dispensing medication for one time intake in a sachet with the patient and medication details. Moreover, this adds great ease in handling a large volume of medication prescription in a much lesser time.

The automatic medication dispensing & packaging systems have evolved from the tabletop unit dose medication pouch packaging systems which contain a single small canister of tablets and dispense tablets in pouch according to operator’s instructions. Pharmacy automation technology, including medication dispensing & packaging systems market, is rising at a considerable pace majorly in developed countries of North America and Western Europe due to a large number of retail pharmacy chains operating regionally and handling a large volume of prescriptions.

Majority of the players in global medication dispensing & packaging systems market are focusing on establishing a strategic partnership with end-users such as retail pharmacy chains, hospital pharmacies, long-term care pharmacies and others. Regarding technological advancements, the operating speed of medication dispensing & packaging systems has grown from 2,400 pouches to 18,000 pouches per hour. This has enabled pharmacies to minimize workforce and eliminate human errors in serving prescribed medication to the consumer.

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Integration of medication verification systems has added great operating accuracy and consumer satisfaction with the service provided by the pharmacy. Advanced operating systems incorporated in the medication dispensing & packaging systems has enabled usage of various application software that performs several patient and medication related analysis and stores information for future reference. These developments has propelled the medication dispensing & packaging systems market.

The medication dispensing & packaging systems market is dependent on the investment capability and growth of the pharmaceuticals and healthcare industry. Therefore, to arrive at the regional market share of the global medication dispensing & packaging systems market, all the countries in each region are studied with respect to the pharmaceuticals market and trade data, GDP in each country which indicates the investment capability of consumers and pharmacies, availability of raw materials and machinery manufacturing industry, and few other factors are studied and given suitable weight to arrive at the market share of each region.

Hobbocks Market Size & Share Set for Accelerated Growth by 2028

Over the past few decades, packaging manufacturers are not only evolving in terms of quality and quantity of goods produced but also witnessing dynamic shift in terms of packaging, storage and distribution and many more. The global packaging industry has undergone significant transformation in the last two decades, setting high standards for product quality and integrity year on year. Industries such as chemical, pharmaceuticals, food & beverage are constantly focusing on strengthening the supply chain capability in order to deal with the increase demand. For transporting heavy goods such as building materials and chemical products, hobbocks are one of the ideal choices, which are preferred by consumers.

Robust design of hobbocks ensures the safety of the product as well as minimizes the risk of damage during transportation. The rubber lid along with the seal, ensures a high degree of sealability and storage stability. On the basis of material, the global hobbocks market can be classified into tin and plastic. Plastic is further sub segmented into HDPE, PP and PE. On the basis of end use industry, the global hobbocks market can be categorized into chemical industry, pharmaceutical industry, and automotive industry, among others. On the basis of product type, the global hobbocks market can be segmented as cylindrical hobbock and conical hobbock.

Robust growth in the pharmaceutical and chemical industry sectors is anticipated to drive the growing demand for hobbocks. Hobbocks finds the major application in the chemical and automobile sector due to their attractive attributes. Furthermore, the growing petrochemical industry is expected to fuel the demand of the global hobbocks market. Growing demand in end use applications such as in chemical industry, automobile and pharmaceutical industry is anticipated to create significant opportunities of the global hobbocks market.

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Continued R&D innovations by the chemical manufacturers is creating the new application in the chemical industry which ultimately leads to rise in demand of the global hobbocks market. There are several other factors which lead to increase in demand of the hobbocks such as perfect for high volume packaging, easy to open and close, minimize risk damage during transportation and tamper evidence, among others.

Printer Ribbons Market to Witness Huge Growth by 2028

Printer ribbons perform functions similar to the function of an ink in conventional printing. Printer ribbons are generally used in thermal transfer printing technology. In thermal transfer printing technology, a multi-layered ribbon in rolled form, is placed in-between a printhead and a substrate or print media. Strutually a printer ribbon is made of many layers. The top layer is a transparent film, the subsequent layers are inks and on the opposite side of the ribbon a protective layer known as blackcoating is applied.

During thermal transfer printing process, heat from a printhead is applied to the backside of a printer ribbon i.e the blackcoating surface, the wax or resin that is coated on front side of the ribbon melts and transfers the ink elements from front side of the ribbon to a substrate or print media. There are various types of print media such as textile materials, cards, synthetics, paper among other materials. A printer ribbon is used for marking price of a product, expiry dates, composition of a product, batch number and other relevant product information.

Printer ribbons are important as they are used in all industries where marking and labelling is requied. Without good quality print on a labels, it is difficult to trace a product along its life cycle. The lable of a product is the only link among a manufacturer, distributor, dealer, retail and finally end-users. Among various printing process, thermal transfer printing is a prefered method for printing labels in industry. The quality of a label depends on printer, print media and last but not the least on the type of printer ribbons we choose.

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In full wax printer ribbon, the ribbon is coated with an ink made of wax which has a low melting point. This is the most common and widely available printer ribbons in the world. These ribbons are also known as resin-enhanced wax thermal transfer ribbons. Wax ribbons are generally used in general printing, retail labeling and others. In full resin ribbons, the ribbons are coated with pure resin which has a high melting point. Full resin printer ribbons dissolve in a print media and the final printout is very durable in nature.

They are generally used in apparel and textile labelling, durable products labelling among others. Among printer ribbons, full resin printer ribbons are most expensive. The wax-resin ribbons are coated with a mixture of wax and resin and have a melting point in between full resin and full wax printer ribbons. They are generally used in automotive labeling, export-import industry among others. Printing of full wax printer ribbons are less durable than full resin printer ribbons.

Type-D Bulk Bags Market by Trends, Dynamic Innovation in Technology and Key Players

Bulk bags are industrial containers which are used to store and transport granular products in large volume. Type-D bulk bags are also known by the name of antistatic bulk bags, as it consists of antistatic fabric. Type-D bulk bags are used to transport flammable powders. Type-D bulk bags consist of conductive material along with the fabric which allows the bag to discharge the electrostatic charge to the ground and enable the safe operation even in the presence of flammable substances. One precaution needs to be followed while using type-D bulk bags is that it must not be used when the surface of the bulk bags is contaminated or coated with the conductive material such as water and grease. Type-D bulk bag does not require grounding.

Global Type-D bulk bags market: Dynamics

Type-D bulk bags are extensively used in industrial material handling or the transportation which occurs in the bulk quantities. Growing safety awareness and government regulations are the key factors driving the growth of the global typed bulk bags market. Type-D bulk bags are used to transport the flammable powders along with the flammable solvents and gases.

Growing agriculture activities, which demand for higher utilization of fertilizers and chemicals, growing infrastructure development, and the mining activities are fueling the growth of the global type-D bulk bags market. As compared to the type-C bulk bags, these bags need to be grounded for discharging the charge. To overcome this challenge type-D bulk bags were introduced which has proven to be a restrain for type c bulk bags.


Global Type-D bulk bags market: Company and Industry Level Trends
  • On 31 July, 2017 Conitex Sonoco USA launched BulkSak. It was a web inventory program which provides the consumers access on demand to 70 types of ready to ship FIBC bags.
Global Type-D bulk bags market: Key players

Some of the key vendors that currently opearte in the type-D bulk bags market and partitions market across the globe can be segmented into three-tiers based on their market share as follows:
Tier-1 (Include market players with more than US$ 10 Mn)
  • King Bag and Manufacturing Company
  • Rishi FIBC Solutions PVT. Ltd.
  • Jumbo Bag Ltd.

Global Metallized Film Laminates Market by Manufacturers, Application Forecast to 2028

Metalized film laminates have grown as an indispensable part of the packaging industry, and over the coming decade it is likely to gain significant responsiveness of manufacturers end owing to the upsurge in demand for the packaging of products such as foods & beverages, pharmaceutical and consumer goods. Metalized film laminates are the mainly polymer resins coated with a gentle layer of metal, usually aluminum, silver and tin. The films used of metal deposition include PET (Polyethylene Terephthalate), PE (Polyethylene), PP (Polypropylene), OPP (Oriented Polypropylene) among others.
Over the years, metalized film laminates have emerged as a nearest substitute of foil packaging and offers a lustrous metallic look at a reduced cost and weight. One the key reasons for popularity of metallized films are that they provide a metal like finish to paperboard or paper packaging. When metallization is done in films it improves oxygen barrier properties of the film such as up to 50x for OPP films and 10x for PET films. Metallized films laminates are also used in manufacturing and coating of flexible as well as rigid packaging solutions.
Key developments & Trends
  • In September 2016, Toray Plastics (America), subsidiary of Toray Industries Inc. launched a Lumirror MR20 metal-transfer film with aluminum deposited on its surface and is used in specialty printing and point-of-purchase applications. The MR20 film has good adhesion properties and sticks to paperboard and paper. Lumirror MR20 film are used to packaging of toys, alcohol, pet food, confectionary, personal care products, cosmetics among others.
  • In July 2017, Toray Plastics (America), subsidiary of Toray Industries Inc. introduced two very high-barrier films free of chlorine: transparent PA1HB polyester PET films and Lumirror MK6HB PET films that is anticipated to extend the shelf life of products. These transparent metallized films provide aroma, moisture and oxygen-barrier protection. These metallized PET films are intended for use in e-commerce industry. The MK6HB PET films and PA1HB PET films are major alternatives to PVdC-coated PET and AlOx-coated PET films.
The road ahead
Over the years, packaging solutions coated with metallized film laminates has seen healthy rate of growth in terms of continuous shift in customer’s buying preferences. Customers are out to buy finished products with glossy & appealing packing. However, one of the hurdles that most manufacturers want to steer clear of, is the cost of package product. The more the thickness of film laminated on package, the higher is the cost.

Monday, 17 June 2019

Automotive LiDAR Market 2019 : Attractive Market Opportunities with Top Key Players

The global automotive LiDAR (Light Detection and Ranging) market is a highly competitive market with a number of small and large players competing against each other, observes Transparency Market Research in its recent report. Manufacturers prefer using LiDAR technologies as it is considered the most appropriate technology to be used in the autonomous vehicles. Some of the prominent LiDAR manufacturers in the global market are Robert Bosch GmbH, Denso Corporation, Continental AG, ZF Friedrichshafen AG, Magna International Inc., Valeo, and LeddarTech.

According to TMR, the global automotive LiDAR market is projected to cross US$2 bn during the forecast period between 2018 and 2026. The global market is estimated to expand at a healthy CAGR of 35% during the forecast tenure.

The global automotive LiDAR market is classified on the basis of the sales channel, image projection, location, application, vehicle type, type, and range type. Based on location, bumper and grill segment dominates the automotive LiDAR market in terms of revenue. However, in the initial stage of development roof location was preferred due to the mechanical LiDAR rotating at 360 degrees to detect obstacle and navigate.  Based on geography, Europe was the leading region in 2017. During the forecast period, Europe and North America are considered as the leading regions due to increasing adoption of sophisticated technologies and rising safety awareness among the people.


Globally, growing understanding for safe driving for both the driver and the passengers is increasing at a large scale among the users and in regulatory bodies. As the number of road accidents has increased greatly, the need for safe driving vehicles is gaining traction and acting as a prime factor for the growth of this market. To ensure safety while driving, the European New Car Assessment Programme (Euro NCAP) introduces a few prominent modifications to be followed by the manufacturers.

In addition, rising government initiatives to push the demand for vehicles having advanced driver assistance systems have also grown in last few years, that is also acting as growth aggregator for the global automotive LiDAR market. Nowadays, autonomous vehicles have lasers lights in automotive LiDAR that provides accurate and high precision detection for long-range detection on the real-time basis. Moreover, manufacturers are also making continuous efforts in using advanced technologies that will greatly benefit the automotive LiDAR market in the years to come.

Automated Parking Management Systems Market to Witness Huge Growth by 2026

An automated parking management system is a technique for mechanically parking and retrieving vehicles in order to accommodate the increase in demand for safe and convenient parking, as the number of vehicles increase day by day. In an automated parking management system, the driver parks the vehicle at the entry gate of the parking area, and from there, the vehicle is automatically moved through the parking lot and parked in an available parking space. The process of vehicle parking is carried out through robotics arms, sensors, conveyer belts, mechanical lifts, and computer control units. An electronic data transfer bus is used to transport from arrival level to parking space and vice versa, without any human interference for parking assistance.

Automated parking management systems reduce the width and depth required for a parking space and distances between vehicle parking spaces, since no allowance needs to be made for driving the car into the parking space or for the opening of vehicle doors. Furthermore, no driving lanes or ramps are required to drive the vehicle toward the parking place. The ceiling height required is minimal, since there is no pedestrian traffic in the parking area.

Furthermore, no walkways, stairways, or elevators are required to accommodate pedestrians in the parking area. These advantages are key drivers of the automated parking management system market. There is a general global trend of urbanization and centralization of financial districts, which attract a number of people to downtown areas. This continuously increasing influx of people gives rise to an ever rising need for parking spaces.


Automated parking management systems are used to park vehicles automatically in parking spaces, which reduces human error in parking. They also reduce the time required for people to look for parking space in the parking lot. These beneficial applications of automated parking systems are likely to boost their demand, especially in suburban areas and financial districts. The global automated parking management system market is projected to expand at a CAGR of more than 13.00% between 2018 and 2026.

In terms of technology, the market can be segmented into sensor technology, mobile technology, RFID technology, and other technology. Demand for sensor technology is anticipated to increase significantly during the forecast period due to rapid industrialization in suburban areas and rise in technological advancements in automated parking management systems in the global market.

Automotive Airbag Market Technological Advancement and Growth Analysis with Top Key Players

According to Transparency Market Research TMR, which is a market intelligence firm, players within the automotive airbag market are competing with each other and this is expected to increase the competition level and degree of competition. Players are also involving themselves in strategic mergers and acquisitions in order to make a mock for themselves in the market. Leading players operating within the global automotive airbag Market are: Autoliv, Takata Corporation, and TRW Automotive Holdings. Established players are competing with each other based on the following parameters: technology, performance, and praise. This competition among players has actually hit the market in terms of innovation, observes transparency market research.

According to Transparency Market Research (TMR), the Global Automotive airbag Market is expected to be worth US$29.72 bn by 2020. Asia Pacific is expected to be the key market for automotive airbag. The rapid rise in the economy, gains in the GDP,  and flourishing automobile industry are some of the factors behind the Asia Pacific automotive market. The rest of the world is also expected to witness high growth within Automotive airbag Market.

On the basis of type of airbags, this Market is segmented into side airbag, front airbag, the airbag, and curtain airbag. Of these, the front airbag is anticipated to lead in the market and cross US$15.21 bn by 2020. The demand for front airbags is increasing significantly especially in the developed Nations on account of stringent regulations regarding food safety. Since front airbags are also utilized in Luanne cars and middle and cars, the segment is flourishing.


According to the report, the global increase in the number of road accidents is one of the key factors pushing the demand for automotive air bags. Increase in the number of accidents of also lead to the passing of several stringent road safety regulations by the government which in turn has accelerated the demand for automotive air bags. Several non-government organizations are also creating awareness campaigns related to road safety and precautions which in turn will benefit the automotive airbags market.

Initiatives taken by various bodies such as the national highway transport safety administration in the US, which has mandated the installation of air bags in passenger vehicles will go a long way to words driving the growth of the Automotive airbags market. Moreover, the rise in the awareness levels about safety among the people in the world will also help this Market to grow.

Period Panties Market Emerging Trends, Value Chain And Key Players

According to a new market report published by Transparency Market Research titled “Period Panties Market (Type – Reusable and Disposable; Style – Boy Shorts, Bikini, Briefs, Hipster, Others (Thongs, Shorts etc.); Size – Small, Medium, Large; Distribution Channel- Online and Offline (Supermarkets/ Hypermarkets, Drug Stores, Convenience Stores, Retail Stores)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global period panties market was valued at US$ 67.2 Mn in 2017 and is expected to reach US$ 279.3 Mn in terms of revenue by 2026, growing at a CAGR of 17.2% from 2018 to 2026. Asia Pacific is projected to show the fastest growth rate during the forecast period due to the increase in number of period panty brands and strong product innovation among manufacturers.

The usage of period panties has increased across the Asia Pacific region. Period panties involve an advanced technology which help in fighting bad odor, and has the ability to absorb ten times more than the regular menstrual cups or tampons. This in turn makes period panties more effective for women and helps them stay dry for a longer duration. Additionally, several brands such as Relieved Gal and Intimate Portal Secret Agent also provide a pouch in front of these panties to keep a heating pad to ease cramps.

By type, reusable period panties have the highest growth opportunities as reusable period panties are eco-friendlyand can be used as regular panties. These panties can be washed and used over and over again. These factors are majorly contributing to the growth of this segment. Moreover, period panties can be used in combination with tampons, sanitary pads, or menstrual cups.

By style, the briefs segment is expected to maintain its market share as these style period panties are ideal for working women and athletes. Brief style period panties are also used for normal white vaginal discharge. These factors are expected to drive the brief style period panties market during the forecast period.


By size, medium segment is expected to expand at the highest CAGR during the forecast period as compared to large and small size segment. The medium size segment is also expected to contribute highest market revenue over the forecasted period. The reason for the growth in medium size period panties segment is increased prevalence of obesity. Increased obesity is due to changes in food consumption, socioeconomic and demographic factors, lack of physical activity, and urbanization.

By distribution channel, the online distribution channel is expected to show the maximum growth rate during the forecast period. The reason for the growth is the rapid penetration of internet across the world, technological advancements, and rise in smartphone usage which is expected to accelerate the online store sales during the forecast period.

Voltage Stabilizer System Market Opportunity Assessment, Key vendor analysis, Vendor landscape by 2024

The global voltage stabilizer systems market features a number of small and large players operating within regional markets as well as on an international level, making up for a market with an intense level of competition for market shares and growth opportunities, observes Transparency Market Research in a recent report. Companies determined to hold sway are focusing more on strategic collaborations, innovations, and expansion of their geographical outreach and product portfolios. Some of the leading companies in the market are Reinhausen Group, V-Guard Industries Ltd, Voltas Limited, Konar Group, and Siemens AG.

According to the report, the global market for voltage stabilizer systems will exhibit a promising 6.66% CAGR over the period between 2016 and 2024, rising to a revenue opportunity of US$25.39 bn by 2024 from US$14.11 bn in 2015.

Rising Interest in Building Automation in North America Provide Promising Growth Opportunities to Market

Of the key applications of voltage stabilizer systems covered in the report, the segment of building automation presently accounts for a significant share in the overall market and is expected to exhibit the fastest growth pace over the report’s forecast period. Applications of voltage stabilizer systems across the building automation area are expected to allow the global market a revenue opportunity of US$4.29 bn by 2024.


Geographically, the market for voltage stabilizer systems in North America is expected to account for the dominant share of nearly 36% of the global market by the end of the report’s forecast period. Rising adoption of automation in residential as well as industrial spaces in the region will be the key to the increased demand for voltage stabilizer systems in the region in the near future.

Untapped Growth Opportunities in Power Distribution and Transmission Fields in Developing Economies to Drive Market

One of the key growth factors for the global voltage stabilizer systems market is the vast set of untapped growth opportunities in the field of power distribution and transmission in emerging economies of India, Russia, China, Brazil, and South Africa. The rising demand for regular electricity in these economies and the rising numbers of power distribution units to ensure reliable and efficient power supply are expected to play a key role in the potential positive expansion of the market over the next few years. 

Furthermore, the market in developed economies is expected to benefit from increased demand for replacement and upgradation of outdated elements in power distribution networks and infrastructures. Moreover, the rising global consumption of consumer electronics products such as air conditioners, televisions, computers, and refrigerators is also expected to drive the market.

Freezer and Beverage & Wine Coolers Market Emerging Growth Analysis mad Business Opportunities 2022

The growth of disposable income generally improves quality of life and fuels the demand for chilled and frozen food and beverages. Such demand is also affected by changes in consumer habits. Improvements in the standard of living allow more people to eat out. This trend is reinforced by an increase in the number of restaurant chains and the rapid expansion of fast-food networks around the world, particularly in India, China, South East Asia, and Japan. These trends positively affect demand for commercial refrigeration equipment used for the conservation of food and beverage.


Over and above the demand generated by the opening of new sales outlets, commercial refrigerators are used as displays, or ice cold merchandisers (ICMs) that offer a platform for visual communication and merchandising, thereby promoting impulse buying and facilitating brand recall. The concentration of populations in major urban centers and the increased participation of women in the labor market contributes to changes in eating habits. One such change is the higher consumption of frozen foods and refrigerated drinks.

Key factors driving growth of the freezer and beverage & wine coolers market include increased consumption of packaged foods and non-alcoholic drinks, growth of modern grocery retailers, and a boom in the tourism industry. With various advancements in refrigeration technology, freezer and beverage cooler products offer energy-efficient consumption and cost-effective energy saving solutions to achieve effective cooling and refrigeration for applications in various end-use sectors.

The market for SEA beverage coolers has been segmented on the basis of product types into beverage coolers and wine coolers. Beverage coolers was the largest segment in 2014, accounting for 58.3% share of the overall SEA beverage coolers market. The wine coolers market is estimated to be the fastest-growing segment, expanding at a CAGR of 7.8% during the forecast period from 2014 to 2022.


Due to increased consumption of soft drinks and nonalcoholic cool beverages, there has been massive growth in demand for the installation of beverage coolers across the SEA region. The beverage cooler market is further segmented into beverage coolers and wine coolers. The SEA beverage cooler market was dominated by beverage coolers, with a market share of around 58% in 2014.

Based on the capacity range, the SEA freezer and beverage cooler market is segmented into 500 & above litres, 300 to 500 litres, 200 to 300 litres, and 200 and below litres. The growth of the service and hospitality sectors, including food chains, restaurants, and the tourism industry, as well as a change in consumer habits have led to a rise in the storage of frozen food and food-related products. In order to accommodate increased consumer demand, c-store owners, supermarkets, and other point-of-sale outlets are pitching for higher-capacity freezers, leading to a shift from traditional 200 & below liters to 300 to 500 liters and 500 & above liters capacities.

Industrial Thermoform Packaging Material Market Emerging Growth Analysis mad Business Opportunities 2027

Industrial thermoform packaging materials are produced through thermoforming technique. There are three sorts of Industrial Thermoform Packaging Material forms in particular; vacuum, mechanical, and pressure. In thermoforming process, the plastic sheet is heat treated to a forming temperature and sent to the mold with a specified shape. With advancement in plastic supplies and manufacturing process, the requirement for Industrial Thermoform Packaging Material has expanded.

Market Overview:

Thermoplastic Industrial Packaging is strong and lightweight, and heavy gauge can store products 100 times of its own weight. The benefits of industrial thermoform packaging materials are these are light weight, solid, savvy, recyclable which make them environment-friendly, and provide stiff support, which is preferred by several brand owners which in turn has fuelled up the product sales.

Market Dynamics:

Industrial Thermoform Packaging Material Market size is expected to witness substantial progress owing to rising demand for packaging material in the F&B industry. Fluctuating preference toward the product, over wood and glass owing to moist free, odor free, light, and flexible properties will boost the Thermoplastic Industrial Packaging market demand. The components are quite versatile and cost effective which can be used in numerous industries like food & beverage, pharmaceutical, electronics and others.


On the basis of type, Industrial Thermoform Packaging Material market is segmented into, clamshell, blister skin and windowed. Among types, blister packing has the maximum market share due to huge application in pharmaceutical industry as it prevents the product contamination and exposure from the external environment. Moreover, increasing demand for the product in F&B industry for packing certain products will rise the industry Industrial Thermoform Packaging Material market growth.

Based on heat seal coating, Industrial Thermoform Packaging Material market is segmented into water based, heat seal coating, solvent based, and hot-melt based. Among heat seal coating, solvent based heat seal coating will increase significant share in the industrial thermoform packaging material market due to strong bond strength and resistance to water and grease and can be processed at various temperatures.

Stick Packaging Machine Market | Worldwide Demand, Growth Potential & Opportunity Outlook 2027

Stick packaging machine is majorly used by the food and beverage, pharmaceutical & nutraceutical, and chemical industries in volume production. Stick packaging machine is used for packing all kinds of fine powders, products and granules etc.  Moreover, coffee granules, coffee powders, healthcare products, tea powder, solid granules, energy drinks, sugar, electuary, and other powders etc.

Stick packaging machine market is anticipated to perform well soon owing to rising demand for on-the-go packaging, increasing production capacity, & rising demand for a customized machine for a specific application. With the growing demand of on-the-go meals, and ready to eat foods, the market is expected to grow. Stick packaging aids in minimizing the product display space and cost. Moreover, stick packaging machine delivers high value to customers, by enabling them to minimize investment, and expand capabilities, with little risk related to flexible packaging solutions.

Market Overview:

Stick Packaging machine can suit different sizes and requirement in the stick pack format and pack end format, specialized tear & round corner. Stick Packaging machine can be equipped with different filling systems to allow for many types of raw materials. The action of the Stick Packaging machine is managed by the computerized operator. All the Stick Packaging machine parameters are set through this operator. Stick Packaging machine is manufactured from a combination of materials that are suited to the operation outline i.e. stainless steel, aluminum and engineering plastics.


Market Dynamics:

Rising demand for RTE (ready to eat) foods, and processed food due to hectic schedules, and changing lifestyle of consumers, has further surged the need for on-the-go packaging with convenience features such as portability, opening, and easy dispersal. Therefore, various prominent companies are offering products in stick packaging to minimize their overall production and distribution cost which indicates that the portable, convenient stick packaging is gaining popularity in the market.

Moreover, to provide the growing demand for packaged food, companies are developing innovative packaging solutions that help in maintaining freshness, enhance product safety, and shelf life of the products. These are some of the factors which are fueling the growth of stick packaging machine market during the forecast period.

Chipboard Folding Cartons Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2027

The global packaging industry is expected to grow during the forecast period because of its wide applications in industries like healthcare, food, drinks, cosmetics and consumer as well as industrial good industries. Chipboard folding cartons are used to provide attractive and unique packaging to the goods and also helps in protecting them from getting sagged.

Market Overview:

Chipboard folding cartons market is expected to grow at a high CAGR in the forecast period. Chipboard folding cartons are made up of paperboard and are used to protect a wide variety of consumer products which also provides safe transport and are also used to market goods to consumers. North America has the largest chipboard folding cartons market and is expected to grow because of the growing disposable income.

Market Dynamics:

The demand of chipboard folding cartons market is set to increase in the developing regions because of higher production and consumption in cosmetics, healthcare, food and beverages and other industries. The driving force for the folding cartons market is the demand for innovative packaging with great design and eco-friendly packaging so that its disposal will not be a problem. Other driving force for the chipboard folding cartons market is the increasing disposable income in the developing countries resulting in increasing the demand for well-packed products. Food and beverage companies are demanding for a variety of packaging products which helps in providing good quality products and product differentiation.

The most important factor in growing the demand for chipboard folding cartons market is the increasing number of mergers and acquisitions which help small companies to grow and the chipboard folding cartons market is expected to have a positive outlook in future.

The biggest restraint of the chipboard folding carton market is the presence of several vendors which provide cheap alternatives and better packaging products resulting in increasing the competition among chipboard folding cartons manufacturers.

Feeder Containers Market Explosive Growth, Forecast And Value Chain 2025

Transportation industry is the largest growing industry because of its wide applications in almost every sector such as oil and gas, chemicals, automobile, food and beverages and others. Feeder is one such sub segment of transportation industry which is expected to have a promising growth in future. The growth of transportation industry will increase the feeder containers market in future.

Market Overview:

Feeder containers market is expected to grow with a significant CAGR in the forecast period. Companies invest in this industry to facilitate the flow of goods and transport their products to large consumer markets. Asia Pacific dominates the feeder containers market followed by Europe and North America. Customers of feeder containers are the companies which send their products from small ports to big transshipment ports.

Market Dynamics:

Driving force for the feeder containers market is the increased globalization and demographic changes. Companies are planning to expand in different regions which increases the number of imports and exports resulting in an increase in the feeder containers market. Feeder containers are made up of such materials which can bear the transportation hazards which makes them a good option for transportation.


One of the restraints in the feeder containers market is the growing number of manufacturing centers across the globe which reduces the requirement of these containers since the goods are produced in the region only, resulting in decreasing the demand of feeder containers market. Another restraint of the feeder containers market is the rising cost which require maintaining these containers. Traditional companies are investing in small feeder vessels than long haul trades which is again a restraint in the feeder containers market.

On the basis of geographies, the feeder containers market is segmented across 7 key region; Latin America, Western Europe, North America, Japan, Asia Pacific excluding Japan, Eastern Europe and Japan. Asia Pacific has the largest market share in the feeder containers market because of the developing Asian economies which are driving the growth of feeder containers market.

Thursday, 13 June 2019

Stretch Hood Film Market Scope and Opportunities Analysis 2019 – 2027

Stretch hood film offers a reliable and cost effective packaging solutions for various products thereby minimizing product damage during transportation and logistics. It is applied on the pallet in the similar fashion as that of the stretch film except that it makes use of heat to pack the pallets tightly with the film. This approach has helped in minimizing the wastage of film and thus has reduced overall packaging cost. Due to this advantageous feature, the stretch hood film market is expected to grow in terms of demand throughout the forecast period. Stretch hood films are primarily made by LDPE and LLDPE. The use of these polymers makes the product cheaper as well as enhances its applicability over various pallet profiles. Industries like food, beverage, cosmetics, etc. are increasingly making use of stretch hood films for packaging of their products during transportation.

Stretch Hood Film Market – Dynamics

Stretch hood films are expected to witness high demand from various industrial verticals including food, beverage, pharmaceuticals and cosmetics. Due to its cost effectiveness and ease of application, stretch hood films is being preferred over other wrapping solutions like stretch wrap and shrink wrap. Over last few decades, global pharmaceutical and food and beverage industry have shown a continuous growth which is expected to have a positive impact on the demand for global stretch hood films throughout the forecast period.

The cosmetics industry have also emerged as a growing industry in world’s emerging economies and the trend is anticipated to continue throughout the forecast period thereby creating more opportunities for stretch hood film which is extensively used for packaging the product during transportation and logistics by this sector. Thus, the applicability of the stretch films in various industries and its cost effectiveness are anticipated to drive the overall market of stretch hood films between 2017 and 2027. However, the conventional packaging solutions like containers, film wraps, shrink wraps, etc. are expected to challenge the overall demand and may act as restraint for the stretch hood film market over the forecast period.


For the past few decades, Asia Pacific has experienced a burgeoning growth in pharmaceutical industry. The demand of the allied product such as stretch hood film is thus expected to witness a hike in terms of demand from this sector over the forecast period. India and China, the two emerging economies have shown a continuous growth in pharmaceutical and cosmetic industry. This growth is also anticipated to reflect into increasing demand for the stretch hood film from these regions.

North America has a well-established market and is therefore expected to follow Asia Pacific in terms of demand for the stretch hood film throughout the forecast period. Latin America is anticipated to show relatively slower growth in the stretch hood film market owing to its stagnant economy. Europe and Middle East and Africa are expected to reflect a sluggish growth in stretch hood film market between 2017 and 2027 due to the prevailing stagnant economy in the region.

Pallet Shrink Film Packaging Market Will See Strong Expansion Through 2027

Among the packaging industry, flexible packaging is one of the fastest growing segments and is widely replacing rigid packaging segment for various applications. One of this types of flexible packaging is the shrink films which are highly used across the supply chain. Manufacturers usually use Shrink films packaging to stabilize heavy and unstable load types that are placed on pallets. Shrink wraps/films are loosely covered around a product/loads which are placed on pallets & then this film shrinks tightly when exposed to heat. Shrink films are heated with the use of heat gun that releases hot air or in another case, shrink packed products are passed through shrink tunnels.


Pallet shrink film is usually made from polyolefin plastics. Pallet shrink film is typically employed to protect products from external factors such as dust and thus firmly combine smaller objects together. Pallet shrink film is widely used for covering foods & beverages across the globe and is also used for packaging of consumer products, pharmaceuticals, and other industrial products.

Pallet Shrink Film Packaging Market: Drivers and Restraints

The market for pallet shrink film is anticipated to be driven by growth in the consumption of packaged food and beverages products across the globe. Pallet shrink films are weather resistant, provides the least amount of packaging damage during logistics and transportation are also breathable in nature. These all factors appeal the manufacturers across the globe to use pallet shrink films/wraps and thus drive the growth of the global pallet shrink film packaging market.  However, higher machine cost used in heating shrink films is the major drawbacks of pallet shrink film. Moreover, Biodegradability has arisen as environmental challenges thus hampering the growth of pallet shrink film market to a great extent. As a result, promotion of bio-based materials by governments of various countries has emerged as an opportunity to develop biodegradable pallet shrink film for market players.


The pallet shrink films markets in Europe and North America are rather in a mature stage and are thus likely to lose a considerable share of the global market to Asia Pacific. Key players that currently operate in developed shrink films packaging markets such as Europe and North America are focusing on APAC to grow in revenue by optimally utilizing the resources available in India and other ASEAN countries at a very low rate.

The Asia-Pacific market is projected to develop as the most lucrative market for the growth of shrink film packaging. Asia Pacific region offers lucrative opportunities for players that operate in the manufacturing of pallet shrink films as a result of the rise in investments in the manufacturing sector, increasing disposal income with growing urbanization. This increase is also attributed to the growth in the packaging of food & beverages, consumer products, Electronic appliances and pharmaceuticals products from the developing economies such as India and China.

Peelable Caps Market by Regional Analysis, Key Players and Forecast 2018 – 2025

Packaging acts as the source of primary protection for the products and have also become a medium for attracting consumers. Peelable caps are the packaging solutions which acts as a protective barrier enhancing the leak proof property of the packaging. It is applied without or in addition to other capping solutions like screw caps. Peelable caps also serves the function of branding by providing surface for attractive printing and embossing for various food and beverage products such as milk, curd, and yoghurt, etc. that are mostly packed in cups and bottles and hence requires a lid.

The cups and bottles used for the packaging of food and beverage products are made from paper, plastics such as PP and PET, glass, ceramics, etc. The peelable caps are easily applied on these materials and are easy to peel off thereby enhancing user’s comfort. Owing to these user friendly features and cost effectiveness, the market for peelable caps is expected to grow in terms of value and volume between 2017 and 2027.

Peelable Caps Market – Dynamics

The food and beverage industry across the globe have shown a continuous growth over the past few decades resulting into increasing demand for allied products like peelable caps throughout the forecast period. Peelable caps besides providing primary protection to the product is also consumer friendly when it comes to opening of the packaged food. It is featured with easy to pull tab that facilitates easy peeling off the cap. The peelable caps are designed to facilitate easy peeling off of the cap making it easier for the end user to open the packaged product leading to its globally increasing demand.


The factors that are expected to drive the market of peelable caps include its cost effectiveness, applicability on various packaging materials like paper, plastic, glass, ceramic, etc and end user friendly feature.  Due to this industry favorable features the food and beverage industry are intended to make use of the peelable caps in most of their packaging solution resulting in increasing demand of the peelable caps thereby creating more opportunities for the peelable caps market over the forecast period.

Asia Pacific is anticipated to dominate the peelable caps market between 2017 and . Over the past few decades, India and China have shown a concentrated growth in food and beverage industry translating into increasing demand for the peelable caps in these regions throughout the forecast period. North America is expected to follow Asia Pacific in terms of demand for the peelable caps between 2017 and 2027 owing to its established economy. Latin America is expected to witness relatively slower growth in peelable caps market between 2017 and 2027 due to its stagnant economy. However, European countries and Middle East and Africa are anticipated to witness a sluggish growth in the market of peelable caps throughout the forecast period due to the prevailing relatively stagnant economy in these regions.

ESD Foam Packaging Market – Clear Understanding of the Competitive Landscape and Key Product Segments

The global electrostatic discharge (ESD) foam packaging market is prophesied to find growth opportunities on the back of the rising demand for smart devices such as smartphones and miniaturization of electronic devices. The demand for ESD foam packaging could be positively impacted by the betterment of information and communication technology (ICT) infrastructure and surging trend of internet of things (IoT). ESD foam packaging is primarily used to avoid damage to electronic equipment and their sensitive parts due to the static current generated through their interaction with packaging material.

In this report, the authors provide a detailed study of the global ESD foam packaging market with a view to help readers gain a sound understanding of key trends and opportunities, regional outlook, and important projections. Moreover, the report offers an encyclopedic evaluation of the market’s competitive landscape so as to devise reliable strategies beforehand.

Global ESD Foam Packaging Market: Dynamics

ESD foam packaging materials are predicted to gain a telling impetus due to their niche applications such as protecting electrostatic sensitive devices. ESD foam could be used as cushioning products such as antistatic bubble wrap, conductive foam, and antistatic foam. It could be accompanied with sheeting roll stocks or safe tubing for creating protective wall partitions and covers.


The world ESD foam packaging market could face a challenge in the form of stringent regulations for certain materials. However, the market is prognosticated to receive momentum from the growing adoption of technology in the automobile sector and high-speed innovation.

Global ESD Foam Packaging Market: Segmentation

The international ESD foam packaging market is envisaged to be segmented into electrical and electronic component and others as per type of application. According to the analysis of the report, the electrical and electronic component segment could gather a massive share in the market by the end of the forecast period. In 2017, it secured a share of 93.5%. On an annual basis, it is anticipated to grow at a US$11.3 mn, which could be a greater absolute growth than that of all other segments under the same category.

Utility Grade Duct Tapes Market Estimated to Observe Significant Growth by 2022

The global utility grade duct tapes market report covers the global market comprehensively to help readers understand the fine points about how the utility grade duct tapes market is likely to grow over the 2017-2022 forecast period. The report includes a detailed assessment of the utility grade duct tapes market’s historical growth figures from 2012 to 2017, enabling analysts to form a solid factual platform on which reliable forecasts for the market’s growth prospects between 2017 and 2022 can be based.

Future growth prospects of leading segments of the global utility grade duct tapes market are assessed in the report to provide readers with a comprehensive look at the market’s growth trajectory. Leading drivers and restraints affecting the global utility grade duct tapes market’s growth trajectory are also assessed in detail in the report, enabling readers to understand the key factors likely to play an influential role in the development of the utility grade duct tapes market over the 2017-2022 forecast period.

According to Transparency Market Research, the global utility grade duct tapes market is likely to reach a valuation of US$395.1 mn by the end of 2017 and further rise to US$505.6 mn by the end of 2022. The utility grade duct tapes market is likely to exhibit a solid 5.1% CAGR in the 2017-2022 forecast period.


Leading drivers affecting the movement of the global utility grade duct tapes market are assessed in the report. The report provides brief elaborations on the quantitative and qualitative effect each major effect has had on the global utility grade duct tapes market and how it is likely to affect the global market over the 2017-2022 forecast period. Key drivers for the utility grade duct tapes market are profiled in the report in order to provide readers with a clear picture of the factors likely to help market operations in the coming years. Key restraints operating on the global utility grade duct tapes market are also assessed in the report to familiarize readers with the factors likely to hinder their operations in the market over the 2017-2022 forecast period.

Steady growth of the packaging sector is likely to remain a major driver for the global utility grade duct tapes market over the 2017-2022 forecast period, in addition to the growing adoption of DIY projects, particularly in developed regions such as North America and Europe.

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 ...