Global Reusable Water Bottles Market to Attain High Growth, as Leading Players Introduce New Products

The global reusable water bottles market is fragmented due to the presence of large number of players in the market. In 2016, five players in the market held 6% share in the global market. The market is experiencing intense competition as new players keep entering the market by offering high potential growth in the market. Several players in the market use business strategies such as these players make efforts in introducing new products and expand the production line. These players also make huge investment in strategic alliance and collaboration to make a firm hold in the market and to increase their geographical reach. Some of the prominent players in the market are SIGG Switzerland AG, Tupperware Brands Corporation, Brita GmbH, Nalge Nunc International Corp., CAMELBAK PRODUCTS LLC, and Klean Kanteen Inc.

According to TMR, the global reusable water bottles market is projected to expand at 3.6% CAGR during the forecast period between 2017 and 2025. The global reusable water bottles market is estimated to reach US$10.4 bn by the end of forecast tenure.

Based on material, it has been projected that the metal segment is likely to lead the market by holding 33% of the total share in the global market. However, during the forecast period from 2017 to 2025, polymer segment is projected to lead the market by growing at 3.9% CAGR. This is due to the cheap cost of the polymer used in producing reusable water bottles. Based on regional analysis, Asia Pacific is likely to lead the market in terms of both volume and value. By the end of forecast period, the market is expected to reach US$1.20 bn in the Asia Pacific. Moreover, over the forecast period, North America is projected to rise at 3.3% of CAGR.

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Globally the demand for reusable water bottles is rising due to the changing preference of the people for reusable water bottles as compared to single use water bottles. The manufacturers are making constant efforts to improve the quality of reusable bottles that will fuel the market growth. In addition, increasing disposable income in middle-income group and growing demand for convenience products have also boosted the demand for reusable water bottles.

People across the globe prefer to use bottles that are easy to carry and environment friendly at the same time. Thus, with the growing demand manufacturers are encouraged to develop products with additional features such as embedded infusers, mist sprayers, and others. furthermore, changing lifestyle and growing living standards both in developing and developed countries is expected to increase the demand in the reusable water bottles market in the near future.

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Global Folding Cartons Market to Grow at 4.7% CAGR with High Adoption from Food and Beverages Industry

The global folding cartons market is prophesied in a report by Transparency Market Research (TMR) finds highly competitive owing to presence of several vendors. Owing to these intense competition, they are offering products with better design, prices, product innovation, and quality. Growing competition among global and regional players are expected to intensify in the upcoming years. Some of the key players operating in the folding cartons market includes Westrock Company, Amcor Limited, Huhtamaki Oyi, Sonoco Products Company, KapStone Paper and Packaging Corp., Georgia-Pacific LLC, AR Packaging Group AB, Mayr-Melnhof Karton AG, Rengo Co. Ltd., and Stora Enso Oyi.

TMR predicts, the global folding cartons market to grow at a CAGR of 4.7% over the forecast period of 2017 to 2025. In terms of value, in 2017, the global market for folding cartons was estimated at US$57,692.1 mn. In terms of volume, the market is expected to consume 29,036,000 tonnes by the end of 2025.

High Adoption from Food and Beverage Industry to be Beneficial for the Market

Folding cartons are made out of laminated, printed paperboard that are folded and glued for making cartons to transport. The material is higher grade and light weight with solid sulfate board. Changing lifestyle and eating habits are bolstering growth of packaged food industry. Owing to these factors, adoption of the cartons across food industry for packing purposes is increasing. This factor is primarily driving growth of the market.

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Manufacturing industries are increasingly focusing to develop advance products, they are highly investing in the research and development activities. The advancements such as supporting to multiple printers, leads to print on QR codes, holographic images, and 3D devices. These advancements makes them smart packaging owing to them the food and packaging is adopting the cartons. These factors are propelling growth of the global folding cartons market for forecast period. However, availability of substitutes and low strength of folding cartons are crimping the growth of the global folding cartons market.

Small Package in Food and Beverages Market to Boost Growth

The market is segmented on the basis of structure type, dimension, end-use industry, received order, material, and region.

On the basis of dimension, the market is bifurcated into less than 4 X 1.5 X 6 (Inch), 4 X 1.5 X 6 to 6 X 4 X 10 (Inch), 6 X 4 X 10 to 10 X 6 X 12 (Inch), 10 X 6 X 12 to 12 X 8 X 14 (Inch), and more than 12 X 8 X14 (Inch). Of them, less than 4 X 1.5 X 6 (Inch) is dominating the market with more than a 30% of market share and expected to continue over the forecast period. On the basis of end-use industry, the market is fragmented into food & beverage, cosmetic & personal care.

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Inflatable Packaging Market - North America to Register High Growth and Lead Global Market

The global inflatable packaging market is highly competitive in nature and is extremely fragmented, owing to the presence of a large number of players operating in it across the globe, states a new market intelligence study by Transparency Market Research. The key players operating in the inflatable packaging market are A E Sutton Ltd., Uniqbag LP, Aeris Protective Packaging Inc., Airpack, and Easypack Ltd. Some of the other key players in the market are Storopack Hans Reichenecker GmbH, Pregis Corp., Smurfit Kappa Group, Macfarlane Group plc, Sealed Air Corp., FROMM Packaging Systems Inc., Green Light Packaging Ltd., Omniverse Foster Packaging Group, Automated Packaging Systems Inc., Inflatable Packaging Inc., Polyair Inter Pack Inc., Advanced Protective Packaging Ltd., and Free-Flow Packaging International Inc. The rising number of mergers and acquisitions and the growing focus on development of new business strategies are projected to enhance the overall growth of the market in the next few years.

According to the market research study by Transparency Market Research, the global market for inflatable packaging is likely to witness promising growth in the next few years. In 2016, the global market for inflatable packaging was worth US$1.9 bn and is projected to reach a value of US$3.1 bn by the end of 2025. The market is estimated to register a healthy 6.0% CAGR between 2017 and 2025.

The global market for inflatable packaging has been categorized on the basis of geography into Asia Pacific, the Middle East and Africa, Europe, Latin America, and North America. In the last few years, North America led the global market and is likely to continue with the same position throughout the forecast period. Europe is predicted to stand on the second position in terms of market share. According to the research study, this region is predicted to register a steady 4.0% CAGR between 2017 and 2025. Furthermore, Asia Pacific is likely to display a promising growth rate in the next few years, owing to the growth prospects in several emerging nations.

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On the basis of packaging type, the bubble wrap segment is estimated to witness high growth throughout the forecast period. This segment is projected to account for more than two third of the overall market in the coming few years. The rising demand for packaging of champagne, wines, and spirits is further predicted to encourage the growth of the inflated packaging bags in the next few years. In terms of end use, the e-commerce segment holds promising growth opportunities for the market players in the next few years. Furthermore, the shipping and logistics is likely to register a healthy growth in the near future.

Cost-effective Products Offered by Inflatable Packaging Solutions to Encourage Market Growth

The growing demand for protective packaging solutions is one of the major factors anticipated to encourage the growth of the global inflatable packaging market in the next few years. The inflatable packaging products are highly effective in terms of stabilizing and security during transportation, which is likely to accelerate the growth of the overall market in the coming few years. In addition to this, the low cost of these products is considered as one of the other key factors predicted to enhance the growth of the overall market in the next few years. Furthermore, the rising awareness among people regarding the eco-friendly characteristics of inflatable packaging products is likely to generate promising growth opportunities for the market players throughout the forecast period.

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Paper and Paperboard Trays Market to Witness Substantial Demand

The drive for paper and paperboard trays stems from the growing need for an environmental-friendly and flexible packaging for packing food and beverages and fast-moving consumer goods. The rising demand for semi-rigid structures for a cost-effective and versatile packaging applications in diverse industries such as consumer durables, electronics, personal care & cosmetics, and homecare products, is propelling the demand for these containers. In various parts of the world, recycled paperboard packaging solutions made from sustainable materials have gained traction for packing disposable foodservice products. This has bolstered the adoption of paper and paperboard trays in recent years. The substantial benefits of on-the-go convenience of these packaging applications in the food service segment has boosted the demand for various paperboard trays, including corrugated boxes. Advancements in molding and printing technologies has enabled manufacturers in various developed and developing regions to develop paper and paperboard trays that allow retail players achieve competitive branding.

The global paper and paperboard trays market is projected to rise from a valuation of US$4,444.3 Mn in 2017 to reach a worth of US$5,893.9 Mn by the end of 2022. The market is predicted to clock a CAGR of 5.8% during the forecast period of 2017–2022.

The rising worldwide demand for sustainable and flexible packaging applications in various industries, notably in the food and beverages industry, is a key factor driving the global paper and paperboard trays market. The rising demand for cost-effective paperboard packaging for food and beverages is a vital factor stoking the demand for paper and paperboard trays. A wide array of benefits offered by these containers to end-use industries, such as retail differentiation, thermal stability, and moisture benefits, is boosting the uptake in various regions.

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Stricter implementation of global food safety standards in several developed countries has led to a wider adoption of paper and paperboard trays for disposable foodservice packaging applications.

A number of supply chain concerns and cost constraints faced by players in the paper and paperboard packaging is a critical factor likely to negatively influence the growth of the market to an extent. On the other hand, several manufacturers are investing in new materials and better water technologies to address these concerns.

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Neural Network Software Market - Spike in Unorganized Data Boosts Demand for Data Mining and Archiving Software

According to Transparency Market Research, the global neural network software market will exhibit a 22.9% CAGR and reach US$26,021.1 mn by 2025. In terms of technology, much growth can be seen within the data mining and archiving segment. On the basis of geography, North America is leading in the market on account of high acceptance of technology. Between 2017 and 2025, North America is expected to expand at a 22% CAGR. In terms of end-user, the BFSI and Healthcare segments are emerging as most promising on account of the increasing need for improved services to customers as well as the need to understand the mindset of consumers.

GCC Nations and Asia Pacific to Show Increased Adoption Rates

There is increased adoption rate of these solutions across Asia Pacific, especially in countries such as Japan, India, and China. Moreover, the gulf cooperation Council countries such as UAE, Saudi Arabia, and South Africa are also generating High revenues in the Middle East and Africa region. The growing investment by market players with in the South America region is expected to make this Market grow in South America, with Brazil at the forefront.

Increased Demand for Predictive Solutions Driving Growth of Market

The growing adoption of neural network software solutions is changing the way business is done. Its demand is basically driven by the growing need for predictive solutions, rising adoption of big data analytics, and advancements in technology. From several end-user Industries such as energy and utilities, media, Healthcare, and BFSI, there is a growing demand for predictive Solutions on account of exponential increase in the volume of data, and increasing digitization.

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Rising Number of Fraudulent Cases Behind Implementation of Strict Regulations

With an increasing number of cases of financial losses due to fraud practices, there has been several regulations implemented with regards to this and are creating a favorable environment for the growth of the neural networks of fair market. The successful adoption of Wireless connectivity Technologies such as 3G and 4G in emerging nations is one of the key factors pushing the roll out of 5G by taking much efforts. With neural network software, the difficulty of storing data, collecting the data as well as the high cost issue due to the use of big data analytics, has been resolved.

Complexity of Software to Pose a Challenge

On the other hand, this market has several challenge in the form of high cost of software as well as the complexity of this software. A lack of trained operators who can help businesses with the same as adoption of neural networks that software Solutions will also be a challenge and will limit the growth of the neural network software Market. On a bright note however, the automotive in health care sectors are rapidly adopting neural networks software solutions and this will expand the growth opportunities within the market.

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Edge Computing Market - Hardware Beats Key Component Segments with Leading Year-on-Year Growth

Transparency Market Research (TMR) observes, the global edge computing market is highly competitive due to presence of number of companies operating in the market. Some of the key players operating in the global edge computing market are Microsoft Corporation, Cisco Systems Inc., IBM Corporation, Google Inc., and Hewlett Packard Enterprise Company. These players are increasingly taking initiatives for technological advancements. The launch of advanced technology is expected to fuel growth of the market and help players to gain higher revenue.

A report estimates, the global edge computing market was evaluated at US$8,024.5 mn in 2017 and is expected to attain value of US$13,313.7 mn by the end of 2022 with the CAGR of 10.7%. Based on component, hardware segment is anticipated to account for the leading share of 54.3% of the market in 2017 and remain dominant over the forecast period by progressing with a CAGR of 10%. Based on geography, North America is projected to dominate the global edge computing market in 2017, and is expected to remain dominant over the forecast period.

High Adoption of Fast Transmission of Load to Propel Growth

IoT data is increasing substantially due to introduction of products such as smart devices, smart glasses, and smart watches. Edge computing technique aids for processing, collection, and collection of IoT-generated data. Moreover, rise in number of internet users and growing adoption of digital services is leading to increase in the collection of volume of sensitive data of numerous organizations. These factors are boosting growth of the edge computing market owing to increase in data is expected to propel growth of the edge computing market.

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Additionally, edge computing is technology of improving the cloud computing systems by processing data at edge of network and near about the source of data. The edge computing reduces the time for operation and complete process in milliseconds which helps in the reduction of work load on the other networks. Thus, the adoption of the edge computing is higher which is propelling growth of the market. Furthermore, transmission of amount of loads which leads to create the remarkable load on the network. This factor is expected to boost adoption of edge computing over the forecast period. Edge computing technique processes data from source and analyze the data and sends the valuable information; thus, its adoption is higher. These are some factors driving growth of the global edge computing market.

Complex Configuration of Edge Computing to Hamper Growth

Despite of these factors, the market is facing some challenges including complex configuration is expected to restraint growth of edge computing market. In addition, risks of security holes and cyber security due to habit of not changing passwords. Also, these devices highly susceptible to cyber terrorism which is limiting growth of the edge computing market. Nonetheless, advancements in technology and growing adoption of technologies such as 3G, and 4G globally in the long-term evolution (LTE) wireless networks are propelling demand for IoT technologies. Also, these are expected to offer lucrative opportunities over the forecast period.

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Proximity Sensors Market - Asia Pacific to Exhibit Leading CAGR through 2025

According to a recent report by Transparency Market Research (TMR), the proximity sensors market is anticipated to flourish with a steady CAGR of 5.1% within its predicted time frame from 2017 to 2025. In year 2025, the market is expected to be evaluated around US$ 3,754.8. As per the technology the global proximity sensors market is dominated by capacitive proximity sensor fragment, and is foreseen to sustain its position in coming years as well. This is chiefly a direct result of their ease, enhanced power utilization, and high dependability highlights. In year 2016, among all, Asia Pacific remained as the main local market for proximity sensors. Besides, Asia Pacific is expected to account the main market value among other key areas over the gauge time frame.

Demand for More Efficient Vehicle Detection to Propel Global Market

Rising demand for more efficient and accurate spotting of vehicles has prompted an upsurge in the usage of proximity sensors universally. Makers in the car business are progressively fusing proximity sensors in the doors of vehicles to empower brisk access in vehicles. The aviation industry is prone to take up the adoption of proximity sensors as well, due to its ultrasound and electromagnetic properties. Apart this, another major development factor of the worldwide proximity sensors market is the varied utilization of sensors in consumer electronics, industrial applications, and many others.

Moreover, some particular applications that utilizing sensors are smartphone screens, liquid level sensing, vehicle detection, and so forth. Proximity sensors are sensors that are able to detect and recognize when an object is in the region of the sensor. Proximity sensors don't require physical contact to recognize an object, dissimilar to conventional ones. Proximity sensors distinguishes nearness or movement of an object in the region to change over into an electrical signals. Proximity sensors can distinguish metallic items, non-metallic articles, and liquids among different items.

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Progression in Consumer Gadgets to Boost the Demand for Proximity Sensor Market

Recent progressions in capacitive proximity detecting innovation that tends to have a few downsides of IR sensors innovation could discover varied use in cell phones. This is relied upon to make development scope for the proximity sensors market amid the gauge time frame. The unending development of consumers’ gadgets sector has prompted the expanding prevalence of proximity detecting innovation.

Makers are acquainting new items in the global market each year to keep up the developing interest. Among a variety of consumer gadgets, proximity detecting technology finds broad application in cell phones. Right now, cell phones utilize IR-based proximity sensors to recognize the nearness of a human ear with a specific end goal to lessen display control use by turning off the background LCD light. It likewise impairs touch screen to keep away from unexpected touches by the cheek.

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