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

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

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

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

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

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

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

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

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

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

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

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

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

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Database Encryption Market Is Set For A Rapid Growth By 2023

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

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

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

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

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Paper Sacks Market Research Report Analysis and Forecasts to 2024

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

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

Global Paper Sacks Market: Drivers and Restraints

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

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

Global Paper Sacks Market – Regional Outlook:

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

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Stick Packaging Market New Growth Opportunities By 2024

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

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

Global Stick Packaging Market: Market Segmentation

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

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Global Stick Packaging Market: Market Dynamics

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

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

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

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

Metal Cans Market: Dynamics 

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

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

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

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

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

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

Global Light Metal Packaging Material Market Dynamics:

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

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

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

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