Monday, 28 January 2019

Filter Bags Market – Oil and Gas Industry to Remain Leading Revenue Contributor

  January 28, 2019    No comments
Prominent players operating in the global filter bags market accounted for a combined revenue share of over 66.0% in 2015, notes Transparency Market Research (TMR). Top players include Eaton Corporation, Clarcor Inc., and BWF Envirotec. The market is fairly competitive and features the presence of a significant number of small and large players. In several of the key regions, notably in Asia Pacific, regional players are putting forth tough competition to global players with their low-cost products. These regional players are also entering into alliances with domestic OEMs and vendors, in a move to gain a strong foothold in the market. International players, therefore, are focused on consolidating their sales channels and expanding their operations to tap lucrative opportunities in emerging markets. These strategic shifts will help them gain a competitive edge in various regional markets.

The global filter bags market is projected to expand at a CAGR of 5.6% from 2016 to 2024. The market stood at US$1,811.7 mn in 2015, is projected to reach a valuation of US$2,950.1 million by the end of the assessment period.

The various application areas of filter bags are cement, mining, oil and gas, power plants, automobiles, defense and marine, aerospace, and water treatment. Of these, the oil and gas industry accounted for the leading share in the market in 2015 and is projected to rise at a CAGR of 6.2% from 2016 to 2024. The demand for filter bags from the industry is expected to surpass all other application segments.

The various regional markets are North America, Western Europe, Asia Pacific, Eastern Europe, Australia, the Middle East & Africa (MEA), and Latin America. Of these, Asia Pacific is estimated to lead the pack currently. The regional market is anticipated to be the most attractive market offering abundant promising opportunities through the forecast period. The growth is attributed largely to an extensive demand for air filter bags in the region.


Need For Curbing Carbon Emission in Industrialized Nations to Bolster Demand

The substantially growing demand for filter bags in several end-use industries to reduce emissions and to ensure a healthy and safe environment for workers in various regions is a factor driving the market. The growing awareness of curbing carbon emission in various industrialized nations by reducing industrial emissions in various developed nations is boosting the market. In addition, governments in several developing and developed economies focusing on achieving low-carbon economy and preserving the ecology is a crucial factor accentuating the growth of the market. A number of governmental agencies proving tax credits and incentives for enterprises and companies adopting green processes is contributing to the demand for filter bags.
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Cosmetic Packaging Market is to be Worth US$ 33 billion by the end of 2024

  January 28, 2019    No comments
The global cosmetic packaging market is characterized by intense rivalry between the top players, observes Transparency Market Research (TMR). Product development has emerged as the prime strategy for the majority of players to garner competitive advantage over others. They are leveraging the potential of cutting-edge technologies and advanced materials to design high-performance packaging solutions, in order to consolidate their shares. TMR notes that several prominent players are capitalizing on multi-dimensional image processing technology to develop innovative solutions.

Leading players operating in the global cosmetics packaging include HCP Packaging, Albea S.A., Fusion Packaging, ABC Packaging Ltd., Libo Cosmetics Company Ltd., RPC Group Plc, Quadpack Industries, Aptar Group Inc., AptarGroup, Inc., Gerresheimer AG, and Amcor Limited. The market is expected to provide many a promising avenues for manufacturers across the globe to bank upon.

The global cosmetic packaging market is projected to rise at a modest CAGR of 4.4% during the assessment period of 2016–2024, which will propel the market to reach a worth of US$33 billion by the end of 2024. The market was valued at US$23 billion in 2015.

The variety of materials used for cosmetic packaging consists of glass, plastic, paper, metal, and wood. Of all the segments, plastic leads the pack, vis-à-vis value and volume. The segment is expected to hold almost half of the overall share in the global market. However, the uptake of other packaging materials are rising rapidly owing to the preference of eco-friendly packaging materials.


Geographically, Asia Pacific led the global market in 2016 and is expected to contribute potentially high revenues through 2024. The prominence of the regional market can be attributed to the presence of a plethora of manufacturers in key economies and a considerable consumer base.

Proliferation Demand for Cosmetics among Millennials bolsters Uptake  
The cosmetic packaging is expected to grow from strength to strength underpinned by the several attractive strides being made by the cosmetics and personal care industries. The key role occupied by packaging in the brand positioning in the overall cosmetics market has provided sustained thrust to the expansion of the market. The rising demand for functional packaging that offers remarkable product protection and higher consumer functionality is a notable factor catalyzing the market growth.
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Specialty Printing Consumables Market: Rising Adoption of Advanced Technologies to Bolster Market’s Growth Prospects

  January 28, 2019    No comments
In the highly competitive and fragmented Europe specialty printing consumables market, a notable transformation has been observed from focus on traditional printing technologies such as lithographic and offset printing to digital ones such as laser printing in the past few years, observes a recent report by Transparency Market Research. This trend is expected to gain strength with time and an increasing number of companies operating in the specialty printing consumables market are expected to venture into the field of digital printing in the near future. Many companies, such as Electronics for Imaging, Inc., which acquired Reggiani Machine in 2015, a leader in digital textile printing machines, are already making their move into the world of digital printing.

TMR estimates that the Europe specialty printing consumables market will exhibit a 3.7% CAGR over the period between 2016 and 2024. As a result, the market, which had a valuation of US$20.22 bn in 2015, is expected to reach US$28.21 bn by 2024. In terms of product variety, the segment of toners, which occupied nearly 51% of the market in terms of revenue, dominated in 2015. The segment is also expected to retain its dominance over the forecast period. In terms of geography, the market in Germany emerged as the most prominent consumer of specialty printing consumables in 2015. The market in Germany accounted for over 31% of the Europe market in the said year.

Rising Adoption of Advanced Technologies to Bolster Market’s Growth Prospects 

The Europe market for specialty printing consumables is chiefly driven by the rising use across the textile industry for textile printing applications, availability of effective technologies for printing processes, and rising applications in the packaging industry. Rising applications in the form of packaging printing and label printing are expected to make the packaging industry one of the key growth drivers of the Europe specialty printing consumables market in the near future. The growing volume of exports and online orders for products through e-commerce websites will add to the rising demand for printing consumables in the packaging and labelling sector in Europe.


Availability of cost effective and less time consuming printing techniques such as 3D printing are becoming a growing trend in the Europe specialty printing industry. The rising adoption of such technologies is opening new and diverse growth avenues for manufacturers of specialty printing consumables in the Europe specialty printing consumables market. In addition to this, the increasing adoption of technologies such as mobile and cloud printing are also expected to lead to growth opportunities for new players in the market in the next few years.

Low-cost Printing Services from Asia Pacific to Restrain Market

Specialty printing consumables companies in Europe are expected to bear the brunt of the cheaper printing services provided by countries in the Asia Pacific region. Vast investments in the printing industry in Japan and China, especially in the 3D printing sector, have helped the Asia printing industry become one of the most promising regional markets in the global printing industry of late.
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Friday, 25 January 2019

Asia Pacific to Show Steady Interest in HoReCa Drip Coffee Maker Market

  January 25, 2019    No comments
The global HoReCa drip coffee maker market is highly fragmented in nature. Strong presence of several players and low entry barriers are expected to make the competition highly intense in the forthcoming years. The declining growth rate of the global market is forcing companies to launch innovative products with impactful marketing strategies. Some of the key players operating in the global HoReCa drip coffee market are JURA Elektroapparate AG, Bunn-o-matic Corp, and Crem International AB.

According to the research report, the global HoReCa drip coffee maker market is expected to be worth US$352.7 mn by the end of 2025. During the forecast period of 2017 and 2025, the global market is expected to exhibit a CAGR of -0.4%. Regionally, the Middle East and Africa and Asia Pacific are expected show slightly positive progress in the global HoReCa drip coffee maker market during the forecast period. In terms of HoReCa type, the market is segment is into full service restaurants and quick service restaurants. Both these segments are expected to decline during the forecast period.

Drip Coffee Maker brews coffee by percolating hot water through a brew basket of coffee grounds. Coffee is captured in a decanter that may be heated by a warming plate. HoReCa drip coffee makers are being manufactured by the various large scale companies with plants, where they are packaged and supplied globally. The majority of European based manufacturers are supplying the products globally.


Growing urbanization and development in the foodservice industry, the expansion of a number of MNC outlets/ local coffee chains are driving the market. Innovative coffee shops and tea houses are bringing late-night café culture to several countries globally.  It has become a part of culture with the rising population of millennials being provided with essentials in the cafés such as wireless connectivity and serene and peaceful environment and also space to socialize. The allure of drinking a cup of coffee has become a part of everyday lifestyle or in some cases an addiction – of today’s growing number of millennial population. For youngsters, coffee shops have become a place to socialize which provides a clean, peaceful and serene environment. Coffee shops have become a part of coffee culture.

Some of the restraints that are potentially restricting the growth of HoReCa drip coffee maker market is the advent of new technologies and the consumer shift towards pod coffee and capsule coffee, which are some of the key roadblocks that have plagued the industry’s development over the years. Continuous innovations are taking place with introduction of state-of the-art technology driven coffee machines in the market. A single machine can brew different types of coffee nowadays and with superior quality and tasteful experience.
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Pizza Box Market – Changing Lifestyle to Fuel Demand in Global Market

  January 25, 2019    No comments
The global pizza box market was estimated to be of worth US$2,223.0 mn back in 2016. During forecast periods from 2017 to 2025, the global market is evaluated to project a CAGR of 4.6%.

The 10-15 inch medium size box is dominating the entire pizza box market with share of around half of the global market, however, the pizza slice boxes come out to be the rapidly developing segment. Regionally, Europe and North America nations are estimated to lead the global pizza box market, before 2025, as far as both volume and value are concerned. The North America pizza box market is assessed to surge at a CAGR of 3.6% during the forecast period owing to the expanding consumption of pizza in the region and rise in disposable income.

Changing Lifestyle to Fuel Demand in Global Market

The global pizza box is principally being driven by the changing ways of life that are being managed by consumption of packaged food and fat food. Developing number of individuals for pizzas have been at the specific focus of surging demand for pizza boxes. The market is as well supported by the mushrooming pizza joints all over the world. The increasing number of independent pizza outlets and pizza-joint chains have additionally stirred the development of the global market. Besides, the accommodation of various packaging sizes has additionally set off a demand for pizza boxes in different sizes. Throughout the years, the size, shape, look, and the aesthetic of a pizza box have secured a vital part in giving the positive direction of the global market.


Inclination Towards Health Eating to Hamper Market

In any case, the market for pizza boxes faces a couple of hindrances. The developing acknowledgment among purchasers about living and eating healthy food is likely to negatively affect the general market. The especially notable expense of the manufacturing folded pizza boxes is likewise anticipated that would be one of the drawbacks for the entire market. In spite of the limitations, the market will have a plenty of chances as the world will keep seeing more youthful ages slanted towards eating junk food. Emergence of well-known pizza brands in developing nations in the world will likewise bring about increased demand for pizza boxes.
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USB Charger Market – Demand for Type C Chargers to Remain Strong

  January 25, 2019    No comments
The business landscape of the global USB chargers market is highly competitive and extremely fragmented, owing to the presence of a large pool of market participants, states a new research report by Transparency Market Research (TMR). With customer satisfaction being the top priority of vendors, they are highly encouraged to create and offer custom products. Currently, they are focusing aggressively on manufacturing products equipped with swift charging systems, using innovative technologies, such as USB charging facility with portable speakers or alarm clocks.

AT&T Inc., DB Power Ltd., Bello Digital, Baccus Global LLC, Cyber Power Systems Inc., and Eaton Corp. Plc. are some of the key players operating in this market, which have been reviewed in this research report. These players are likely to compete in this market on the grounds of technological advancements over the next few years, reports the market study.

According to the research report, the global market for USB chargers is estimated to expand at a CAGR of 5.80% during the period from 2017 to 2025 and gain a value of US$37.8 bn by the end of the forecast period. The demand for Type C chargers has been higher than other products in this market and the trend is expected to continue over the next few years. In terms of the regional presence of this market, Asia Pacific has been the dominant regional market for USB chargers and is anticipated to remain so throughout the period of the forecast, states the research study.

Widening Application Base to Support Market’s Growth

“The global market for USB chargers has been experiencing a significant rise in its valuation, thanks to the continual development, expanding application base, and the augment in the production of custom goods,” says a research analyst at TMR. The fueling demand for USB chargers from the commercial and the residential sectors has also been propelling this market tremendously across the world.

Going forward, the increasing demand for advance functions in smartphones, which needs extended battery life to support the features and applications, is projected to speed up the adoption of USB chargers in a number of industries, worldwide, reports the research study.
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3D Printing Medical Devices Market – Software and Services to Gain Increased Demand

  January 25, 2019    No comments
A stew of medium and small scale industries have barged into the global 3D printing medical devices market, making it a high competition amongst the players, notices Transparency Market Research in a newly published report. In order to fortify a strong foothold, organizations are trying to collaborate with local companies. Expansion of product portfolio, product differentiation, accompanied with deep research are the other things that the players are focusing on in order to build their brand name.  Some of the key players in the global 3D printing medical device market are Materialise NC, SLM Solutions, Arcam Ab, FabRx Ltd., Cyfuse Biomedical K.K., Concept Laser, 3D Systems Inc., Envision Tec, and Organovo Holdings.

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

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

Technological Advancement in 3D Printing Medical Devices Is Expected To Drive the Global Market 

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


High Initial Cost To Deter the Market Growth

Thought the 3D global medical device is expected to grow at a steep rate, but strict regulations in various countries regarding the sale of these devices imposed by both private and government agencies is expected to deter the market growth rate. The market is also challenged by the high initial cost of such devices. Other factors such as heavy funds required for a small organization to have a strong foothold in the market is curbing the growth rate. Another major factor which is expected to bring down the growth rate of the market is absence of skilled expertise and the lack of accessibility of such advanced device in the rural or underdeveloped region.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

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