Wednesday, 30 January 2019

Foam Protective Packaging Market Is Set For A Rapid Growth By 2026

Protective packaging has gained importance for its role in eliminating the incidences of physical damages to packaged goods during shipping process. Foam materials are being widely used for offering high-level protection to the packaged goods. Foam protective packaging solutions are being developed to meet the diverse packaging needs for a range of products. Companies providing foam protective packaging solutions are focused upon fabricating their products according to the container dimensions and package sizes. Moreover, several players in the global foam protective packaging market are offering prototypes and incorporating advanced design engineering technologies to facilitate utmost levels of corner protection, shock absorption, and edge protection.

Plastifoam Company, Sonoco Products Company, Sealed Air Corporation, Pregis Corporation, Volk Packaging Corporation, DRB Packaging, Rogers Foam Corporation, Wisconsin Foam Products, Armstrong Brands, Inc., and Tucson Container Corporation are observed as global leaders in offering foam protective packaging to multiple industries. Transparency Market Research’s recently published forecast study observes that these companies will play a key role in instrumenting the growth of the global foam protective packaging market. However, the report estimates that during the forecast period, 2017-2026, the global foam protective packaging market will expand at a sluggish CAGR of 3.2%, bringing in just over US$ 5.3 Bn in global revenues by the end of 2026. The report has addressed the key factors restraining the growth of the global foam protective packaging market.

Key Restraints for Adoption of Foam Protective Packaging

While the players in the global foam protective packaging market will be compelled to divest their capital in offering prototype sampling, part production and custom fabrication, there are several key restraints beyond their control that may curb their business growth to considerable extent.

  • The use of foam materials in packaging is gradually witnessing a growing ban across several parts of the world. Ban of foam materials will ultimately cause complexities in raw material procurement for foam protective packaging companies.
  • Environmental protection agencies are coercing market players to consider recycling and reusing of foam protective packaging products. This has spiked the operating costs of companies and lowered the profit margins.
  • Catering to the diverse specifications of product packaging is a resolvable challenge, yet, entails a considerable expenditure on recalibration of production machineries and replacement of traditional protective packaging methods.

3D Printing Medical Devices Market: Software and Services to Gain Increased Demand

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.


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.

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.


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.

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.


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.

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.


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.

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.


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.

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.


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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