Out of Home Tea Market: Changing Consumer Preferences to Augment Demand

The global out of home tea market is anticipated to witness a sturdy rate of growth in the coming years, as reported by Transparency Market Research (TMR). The report, titled, “Out of Home Tea Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” sheds light on the intense competition among established vendors and the mushrooming local vendors. The overall out of home (OOH) tea market comprises of a large number of international as well as local vendors, who compete on various factors such as quality, price, reputation, innovation, distribution and service. The market participants are expected to implement innovations according to the changing tastes of the consumers to thrive in the global out of home tea market. Some key vendors in the market are Nestle, Tata Global Beverages, ITO EN Inc., ABF, Starbucks Corporation, and Celestial Seasoning Inc., among others.

Based on revenue, TMR’s report estimates that there will be opportunities worth US$39,329.8 mn by 2025 in the global OOH tea market by the end of 2025, substantially more that the market’s evaluated valuation of US$17,835.9 mn as of 2017. On the basis of this evaluation, the global out of home tea market is predicted to rise at a robust 10.4% CAGR. Based on product, the segment of black tea is expected to continue holding a large market share, with an earlier share of roughly 33% in the overall market.

Asia Pacific to Emerge as Leading Region, for All the Tea in China

In 2016, the segment of tea bags held a dominant share of the global out of home tea market, and this trend is expected to continue over the coming years. The popularity of tea bags could be ascribed to the fact that dried and crushed leaves, packaged in suitable sachets or bags, are much more convenient to use anytime and anywhere. In hospitality industries such as hotels, restaurants, pubs and quick service restaurants, along with outdoors and workplaces, tea bags tend to be used widely.

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Geographically, Asia Pacific is presently a highly lucrative region by a substantial margin. By the end of 2025, the Asia Pacific out of home tea market is predicted to hold a market evaluation of US$29,741.2 mn, which would nearly three quarters of the global demand. Asia Pacific region is anticipated to witness a healthy rise in the green tea segment on account of the health benefits of the product such as being useful for weight loss, high metabolism rate, rich in anti-oxidants, and good for body aeration.

Health Benefits of Green Tea to Establish into a Leading Trend

Properties of green tea such as it being anti-oxidant and anti-bacterial prove it to be useful in restoring hormonal imbalances in the body and controlling body weight. It also aids in flushing out toxins from the body and provides protection against cancer. Green tea is beneficial in natural detoxification and aids in healing scars and blemishes, reduction of inflammation, and improving the skin’s elasticity. Moreover, green tea is also envisaged to carry has anti-aging properties that protects against freckles, wrinkle, skin-sagging, and fine lines, and wrinkles.

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Social TV Market Expected to Reach US$ 3,492.7 Mn by 2026

According to a new market report published by Transparency Market Research the global social TV market was valued at US$ 996.4 Mn in 2016 and is expected to expand at a CAGR of 13.6% from 2018 to 2026, reaching US$ 3,492.7 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the social TV market in 2016.

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Broadcasters focusing on enhancing audience engagement in TV programs/TV content

The social TV market covers the technologies or platforms that support communication and social interaction around TV. Broadcasters are using social media networks to enhance consumer engagement, traditional marketing campaigns, and promotions. With social media networks, entertainment companies can maximize their programming content by integrating broadcast-focused analysis tools across the world. This factor drives the global social TV market. Recent technological breakthroughs in broadband-delivered programming on personal computers and “smart” TVs further boosts the market growth.

Social TV Market: Scope of the Report 

The global market for social TV is segmented on the basis of solution, application, and geography. Based on solution, the market is segmented into software and professional services. The software segment is further categorized into broadcast integration, audience engagement, content moderation, social TV analytics, social networking platform, and others. Professional services are sub-segmented into integration and consulting, operation & installation, and maintenance & repairing. In terms of application, the global social TV market is bifurcated into sports, news, TV shows and others. TV shows application is estimated to account for the largest market share in 2018 as TV broadcasters are focusing on engaging audience in TV shows. For instance, reality shows such as American Idol and Dancing with the Stars take advantage of these new capabilities, integrating fan voting and audience polling.

Geographically, the global social TV market is divided into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America and Europe dominate the global social TV market. This is due to broadcasters in these regions using social media to enhance consumer engagement, traditional marketing campaigns, and promotions. The Asia Pacific region is expected to register the highest growth due to increase in social media users with rise in internet penetration.

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Recent Developments in the Rigid Paper Containers Market

Transparency Market Research delivers the key insights on the rigid paper containers market in its published report, titled “Global Rigid Paper Containers Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global rigid paper containers market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

Rigid paper containers include packaging solutions such as corrugated & paperboard boxes, tubes, trays, and liquid cartons. Packaging in rigid paper containers enhances the aesthetic appeal of the packaged products, which has made rigid paper containers an integral part of the retail industry. Rigid paper containers are used for heavy-duty shipping applications as well as customized luxury packaging. The boxes segment is expected to have a significant share in the rigid paper containers market.

Boxes can either be made of containerboard or paperboard. Boxes made with the help of containerboards are known as corrugated boxes. These rigid paper containers are most suited for heavy-duty applications while that made of paperboard cater to a variety of applications including cereal boxes, and liquid cartons, among others. The penetration of corrugated boxes is much more than that of paperboard in the global rigid paper containers market. The corrugated boxes segment is projected to expand at a CAGR of 5.3% during the forecast period.

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The demand for corrugated packaging in the rigid paper containers market is at its peak, owing to the thriving e-commerce industry. This is further projected to drive the growth of the global rigid paper containers market. Manufacturers are using corrugated boxes to ensure minimal damage to the packaged product during transiting and storage, which has resulted in increased consumption of rigid paper containers in the automotive sector. As the trend of on-the-go food & beverages is gaining traction, the demand for trays and clamshells has seen a meteoric increase in the North America and Europe rigid paper containers markets, owing to the urban and fast-paced lifestyle.

The manufacturers operating in rigid paper containers market have added additional features such as die cut lids and magnetic closing lids to make the packaging solution more consumer convenient and to stay one step ahead of their competitors in terms of design and innovation.

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Automotive Active Grille Shutter Market Expected to Surpass US$ 4 Bn Globally by 2026

Transparency Market Research has published a new report titled, “Automotive Active Grille Shutter Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive active grille shutter market is anticipated to surpass US$ 4 Bn by 2026, expanding at a CAGR of more than 8% during the forecast period.

Rise in demand for vehicles with higher fuel-efficiency is expected to drive the automotive active grill shutter market. Automakers are emphasizing on achieving an aerodynamic vehicle body to reduce air drag. Increasing stringency of vehicle emissions is prompting automakers to adopt the active grill shutter to reduce fuel consumption and emission of vehicles. The active grille shutter helps improve aerodynamic co-efficient by 25 aerodynamic points or by 25%. Adoption of active grille shutter helps achieve CO2 saving up to 3 grams per kilometer.

In terms of vane type, the horizontal segment accounted for a prominent share of the market in 2017. The horizontal active grille shutter is adopted in high number of vehicles, as it can be easily mounted behind the grille. Moreover, it is less complicated and cost-effective, as compared to vertical active grille shutter. The horizontal segment is expected to dominate the global active grille shutter market during the forecast period. However, the vertical segment is anticipated to expand at a notable growth rate during the period. Rise in trend of vertical grille and improvement in active grille shutter design have led to feasibility of integrating the shutters directly into the radiator grille. Vertical vane type active grille shutters are compact and do not compromise on esthetics. Vertical vane type active grille shutters are expected to be adopted widely in premium and luxury vehicles. Rise in sales of luxury and premium vehicles is thus expected to boost the automotive active grille shutter market.

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In terms of shutter type, the non-visible segment is anticipated to expand at a CAGR of 10.46%, in terms of volume, during the forecast period. Non-visible shutters improve aerodynamics of the vehicle without compromising on esthetics and hence, are highly preferred.

In terms of sales channel, the OEM segment is anticipated to dominate the automotive active grille shutter market due to the demand from automakers to obtain better greenhouse gas rating and improve fuel economy. The failure of actuator and accidental damage of active grille shutter are expected to contribute to the demand for automotive active grille shutter.

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AtoN Management and Monitoring System Market: Rise in Marine Trade is Likely to Drive the Market

According to a new market report pertaining to the Aids to Navigation AtoN Management and Monitoring System Market published by Transparency Market Research, the AtoN management and monitoring system market is projected to reach US$ 9,075.1 Mn in 2026, driven by a rise in marine trade across the globe. The market is projected to expand at a CAGR of 4.0% during the forecast period from 2018 to 2026. The expansion of the market is attributed to high coastal security concerns and demand for AtoN management and monitoring systems from the defense sector. Asia Pacific is anticipated to lead the AtoN management and monitoring system market, followed by Europe and South America, during the forecast period.

Rise in Marine Trade is Likely to Drive the Market

Increasing marine trade activity across the globe is creating significant demand for marine safety and security and marine traffic management. A rise in marine trade increases the need for appropriate navigation, continuous monitoring of vessels and routes, and managing traffic. All these factors contribute to the growth of the AtoN management and monitoring system market across the world.

VHF-based data exchange systems (VDES) provide a robust and global standard communication system for e-navigation, supporting the safety and efficiency of ship and shore operations. An increase in marine trade is expected to exert pressure on existing navigational tools.

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AtoN Management and Monitoring System Market: Scope of the Report

The AtoN management and monitoring system market has been segmented based on system, type, navigation components, end-use industry, and region. In terms of system, the integrated systems segment is expected to dominate the global market in 2018.

Asia Pacific led the AtoN management and monitoring system market, accounting for a substantial share in 2017. China was a major country of the AtoN management and monitoring systems market in the region. The AtoN management and monitoring system market in North America, Europe, Middle East & Africa, and South America is also expected to expand during the forecast period.

AtoN Management and Monitoring System Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global AtoN management and monitoring system market. Key players profiled in the report include Tideland, GISMAN, McMurdo Group, i-Marine Technologies, Pharos Marine Automatic Power Inc., Navielektro, Greenfinder, Carmanah Technologies Corp., Vesper Marine, and Pinc Technology Sdn Bhd..

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Additive Masterbatch Market Is Set For A Rapid Growth By 2026

Additive masterbatch is a new durable and advance innovation in market. The rising demand of innovative product is driving the additive masterbatch market.

Additive Masterbatch Market: Dynamics

Additive masterbatch has enhance the properties of plastic. Plastic carry the property of water resistance, scratch resistance chemical residence, additive masterbatch is enhancing the same. The rising demand of plastic durability is driving the additive market grow. The flame retardant additive masterbatch is significant for fire avoidance in the respective industries. While processing plastic flame retardant are mixed to get flame retardant property additive masterbatch. The increasing demand of plastic material in food & beverage, pharmaceutical, consumer goods and other industry raising the market of additive masterbatch market. The additive masterbatch application can be in various forms like color plastic bag, plastic toys, sheet, wrap basket, lids pipes and others.

Additive Masterbatch Market: Segmentation

The global demand of additive masterbatch can be segmented on the basis of product type, by carrier resin, end use and region basis. Product type can be further segmented into antimicrobial, antioxidant, flame retardants. Carrier resin can be classified by PE, PP,PS. End use of additive masterbatch can be  packaging , building & construction, consumer goods, automotive, agriculture. Antimicrobial is the fasted growing type of additive masterbatch among others and also capture major share of additive masterbatch in market. Polyethylene is low density, high durability, and moisture resistance due to which it is most preferable carrier resin among others.

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Additive Masterbatch Market: Regional Overview

The additive masterbatch is segmented among five region Europe, North America, Asia pacific, Latin America and Middle East & Africa. Asia pacific is a largest shareholder of additive masterbatch market due to increase in plastic consumption in this region. The increasing demand of plastic material is driving the market of additive masterbatch market worldwide. The use of plastic product in the region like Middle East & Africa are attracting the additive masterbatch market. The country like china and India are emerging market for the additive masterbatch due to increasing manufacturing of plastic products.

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Overwrap Packaging Market – Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges 2024

The global overwrap packaging market continues to hold a prominent in position in the packaging sector, with a constant rise in application areas and rapid pace of introduction of packaging materials and technologies that make the packaging more beneficial for a number of specialized packaging purposes. Vast benefits of the packaging method, ranging from a massive reduction in the overall cost of packaging products in bulk, as the amount of film required for overwraps costs significantly less than complete cardboard outer or cartons, and the possibility of on-pack promotion are driving the market.

Another highly beneficial factor that works in favor of overwrap is the minimal possibility of tampering with it. Intactness of the overwrapping film makes it evident that the product has not been contaminated since leaving the source factory. This test comes in handy to check contamination of food and beverages and pharmaceutical products. To mitigate the chances of contamination, several pharmaceutical products, which were traditionally sold in over the counter blister carton packs are being overwrapped in a number of countries.

The fact that overwrapping, unlike some packaging technologies such as shrink-wrapping, does not require excessive film for wrapping, is acting in favor of the technology as environmentalists continue to look for ways of adopting packaging technologies that produce the least amount of non-biodegradable waste. All these factors are expected to provide vast growth opportunities to the global overwrap packaging market in the next few years.

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Overwrap Packaging Market: Overview

Packaging, over the past decade, surfaced as a necessity of a typical product launch strategy. Packaging is the need of all industries, which translated into the mushrooming of over thousand companies associated with packaging, including from raw material supplies to processing and from designing to printing. Packaging industry witnessed large scale technology adoption regarding films, equipment and packaging methods.

Moreover, demand for elementary packaging remained intact. Overwrap packaging is one of such solution, which allows bundled wrapping of products. This form of packaging is largely used in packaging consumer products such as water bottles, tissue paper, fruits and vegetables and gift wrapping, etc. On the backdrop of growth in FMCG products, the demand for overwrap packaging also surged up and is projected to remain impressive in near future.

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