Soaring Demand from Communications Industry to Propel Laser Plastic Welding Market

The global laser plastic welding market is prognosticated to witness a healthy growth in the forthcoming years, as reported by Transparency Market Research (TMR). The market’s competitive ecosystem is expected to witness stiff competition among the different players in the forthcoming years, ascribed to the mounting potential of the welding industry. Some of the prominent players in the global laser plastic welding are Rofin Sinar Technologies Inc., TRUMPF GmbH + Co. KG, Ltd, LPKF Laser & Electronics AG, Jenoptik AG, Emerson Electric Co., and Nippon Avionics Co., Ltd., among several others. 

The vendors operating in the global laser plastic welding market are expected to engage in diverse strategies in ordered to gain prominence in the market, such as expansion to unexplored regions, partnerships, collaborations and mergers and acquisitions. Market players are additionally focused on the introduction of novel technological advances in order to differentiate their offering from the competition.

As reported by TMR, the global plastic welding market, which was evaluated to be at US$ 758.9 mn in 2016, is predicted to reach US$ 1,543.2 mn by 2015. Over the forecast period of 2017 to 2025, the global plastic welding market is anticipate to expand at an 8.3% CAGR.

Among the different types, the segment of integrated systems is expected to gain momentum and hold a higher share of the global plastic welding market in terms of volume. In terms of end-use, the automotive industry segment held nearly 49% of the market in 2017, and is expected to gain impetus over the forecast period. Geography-wise, Asia Pacific held a key share of roughly 42% of the global laser plastic welding market in 2017, and is expected to gain even more prominence over the duration of forecast.

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Surge in Adoption of Transmission Laser Welding to Augment Demand

Transmission laser welding is by a wide margin the more typical type of laser method for this application. Since the weld is between the two covering plastics, the surface has a flawless wrap up. The bar is transmitted by the straightforward plastic to finish everything and afterward consumed by the lower plastic layer, which warms up and exchanges the warmth to the upper layer, where the two liquid polymers blend and harden into one liquefy. In the event that the plastics are free of fillers and shades, the laser will enter a couple of millimeters into the material. The retention coefficient can be expanded by methods for added substances, for example, colors or fillers, which assimilate and reverberate straightforwardly at the laser’s photon vitality or which scramble the radiation for more successful mass ingestion.

A great part of the fiber laser innovation available today was initially produced for media communications applications. Since the downfall of telecom, the makers have been searching for applications for their products, and plastics welding is maybe one such application. This is a key factor because of which the worldwide laser plastic welding market is taking off.

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Insulated Shippers Market – Pharmaceutical Packaging to Create Significant Growth Opportunities

Growing need for protective packaging in the food and beverage industry is expected to fuel demand for insulated shipping products. As the requirement for packaging temperature-sensitive products increase, manufacturers are focusing on developing technologically advanced packaging solutions. Transparency Market Research states that the global insulated shippers market is projected to reflect a CAGR of 9.4% during the forecast period, 2017-2026.

Factors Fuelling the Global Market Growth

Growth of the global insulated shippers market is mainly bound by various macro-economic and micro-economic factors. With the growing demand for protective packaging of various products, manufacturers are incorporating technologically advanced packaging solutions to ensure safe shipping of the products. Cold chain shipping and distributed control system continues to remain the most preferred packaging and shipping solutions among the supply chain. As delivering products safely is becoming important, manufacturers are mainly focusing on developing shipping containers with closed cell spray foam, rigid polystyrene foam panels and fiberglass.

Transportation of temperature sensitive products such as blood, organs, biologic materials, pharmaceutical products and chemicals will continue to boost demand for insulated packaging solutions. Growing need to shipping various perishable food products with long shelf life safely is projected to boost demand for insulated shipping products globally. Food products that are particularly manufactured in a specific region continues to witness significant demand in various restaurants, hotels and shops.

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Pervasive demand for traditional food and beverage products in various countries is projected to rev up demand for insulated shipping containers during the forecast period. As the shipping containers are equipped with features that ensure freshness and quality of food products, sales of the insulated shipping packages is projected to increase. In addition, various food products can be subject to various temperature conditions during transportation. Increasing demand for temperature sensitive packaging solutions is further projected to impact growth of the global insulated packaging market.

Shipping pharmaceutical products is also projected to fuel demand for insulated shipping containers and packaging solutions globally. With the increasing demand for shipping various pharmaceutical spray products and liquid pharmaceutical products, manufacturers are focusing on offering temperature-sensitive packaging solutions to deliver the pharmaceutical solutions safely.

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Rotogravure Printing Machine Market: Growth Opportunities in Food Industry to Lead to Most Promising Returns

The global Rotogravure printing machine market features a highly fragmented and competitive vendor landscape, with the leading seven companies collectively accounting for a mere 41% of the market in 2017, observes Transparency Market Research in a recent report. Of these leading few, the company Bobst Group SA accounted for a significant 41.5% of the market in the said year. The dominant spot of the company in the market is owing to its extensive product and service portfolio, high investments in research and development activities, and a strong production and sales network that is spread across the globe.

For companies to gain lucrative returns in the market, focus on expansion across lucrative regional markets could be a promising growth strategy. Some of the leading companies in the market are J M Heaford Ltd, Comexi Group S.L., DCM-ATN, Windmoeller & Hoelscher Corporation, Uteco Converting SpA, ROTATEK S.A, and KKA Gmbh.

TMR analysts state that the revenue generated from sales of Rotogravure printing machines for retail merchandising has been estimated to be around US$1.63 bn in 2016, and is projected to expand at a CAGR of 3.5% during forecast period 2017-2025, rising to a valuation of US$2,208.55 mn by 2025.

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Of the key industries that utilize Rotogravure printing machines, the food industry is expected to dominate the market throughout the forecast period. The market is also expected to see major gains across the pharmaceutical and security printing industries over the forecast period, which are anticipated to register impressive CAGRs of 4.6% and 4.0%, respectively, over the report’s forecast period.

APAC is expected to overtake the Europe rotogravure printing machine market and dominate the global market by the end of forecast period, in terms of both value and volume. The market in the APAC region is estimated to have an annual consumption of 7,533.68 units of rotogravure printing machines in 2017, and is predicted to up the consumption to 9,578.39 units by the end of the report’s forecast period.

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Foam Protective Packaging Market – Cushioning and Void Fill Applications to Translate Lucrative Market Growth

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.

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• 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.

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Modern Trend of Ordering Pizzas Online has Propelled the Global Pizza Box Market

According to a recent report by Transparency Market Research the competitive scene seems to be intensely fragmented in the global pizza box market. Key players are anticipated to center around the packaging solutions to increase market share. In any case, emergence of local firms owing to negligible obstructions is anticipated to heighten the market competition. Some of the leading key players in the global pizza box market are WestRock Company, International Paper Company, Georgia Pacific LLC, and DS Smith Plc. In the coming years, organizations are probably going to indulge into creating renewable packaging solutions as governments over the globe are stressing on decreasing carbon emission.

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.

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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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M-Commerce Payments Market: Asia Pacific Projected for Most Robust Growth Rate

The global m-commerce payments market is prognosticated to flourish exceptionally within the forecast period from 2107 to 2025. Due to advent of smartphones and other electronic gadgets such as tablets, laptops, and so on, the global m-commerce payments market is foreseen to prosper with robust CAGR of 46.9% in coming years. Alphabet Inc., ACI Worldwide, Inc., Apple Inc., Fidelity National Information Services, Inc., DH Corporation, Fiserv, Inc., Mastercard Incorporated, Jack Henry & Associates Inc., Paypal Holdings, Inc., Visa, Inc., Square, Inc., and Samsung Electronics Company Limited are some of the major firms leading the global m-commerce payments market.

However, the market is still in its initial stage and the consumers as well as merchants, both haven’t embraced the technology to its fullest. Nevertheless, because of constant thrust on technological advancements by keen players leading to emergence of more effective and easy-to-navigate user interfaces and better security of sensitive data, the market is expected to tread a solid growth path in the next couple of years.

According to Transparency Market Research, the global m-commerce payments market was evaluated at a valuation of US$1.11 bn in 2017.This figure is estimated to reach US$7.55 bn by 2022. On the basis of mode of payment, the peer-to-peer transfer segment is projected to attain solid growth with a CAGR of 45.1% within the forecast period from 2017 to 2022. This segment is expected to reach around US$2.7 bn by the end of 2022. Geographically, North America is likely to dominate the global m-commerce payments market with a solid CAGR of 47.4% within the coming years, owing to several vendors operating in the region.

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Based on Broader Usage the Global M-commerce Market are Foreseen to Grow

The broader reach because of mobility, rise in usage of smart devices, for example, smartphone and tablets, rigorous efforts for the collaboration between offline and online activities, and improved transmission capacity, which has helped the transaction process are to name a few leading factors propelling the global m-commerce market. Apart these, some other advantages of m-commerce payment methods are improved security, speedier checkout, and loyalty integration. Those are encouraging the growth of m-commerce. Moreover, m-commerce is anticipated to become less expensive than customary services, for example, managing an account, marketing and advertisements, banking, and purchasing. These aspects are expected to have a positive impact on the demand for m-commerce payments. Different online networking platforms have likewise installed “buy” buttons, which causes the marketers generate leads much quickly.

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Smart Baggage Handling System Market – North America to Display Robust CAGR through 2025

Intense competition exists among the well-established players within the global smart baggage handling system market, as all of these players are constantly innovating their product offerings so as to attract more customers, states Transparency Market Research (TMR) in its latest research report on this market. Tremendous potential of growth opportunity lies within the smart baggage handling system market as this market is huge. This also implies that many new players will be attracted towards joining this market and therefore the threat of new entrants is high. Not only will this result in cut throat competition among players within the market but also it will ultimately result in product innovation as this becomes the key strategy for business growth of each of the manufacturers. Names of the key players operating within this market are SITA, Beumer Group, Vanderlande Industries, Alstef Automation S.A., Fives Group, G&S Airport Conveyor, Pteris Global Limited, Scarabee Systems & Technology B.V, and Daifuku Web Seimens Group.

Aspartame are, the global smart baggage handling system market will exhibit a whopping 19.30% CAGR between 2016 and 2025 and will rise up to US$7,210.8 mn by 2025. On the basis of geography, North America is predicted to Showcase a substantial growth of 20.5% cagr between 2016 and 2025 on a ground of the development of new airports across the region. In terms of Technology, it is expected that the radio frequency identification system (RFID) will exhibit promising growth in the years to come. By transportation, it is anticipated that the International Airport segment will hold key shares within the market.

Travellers Increasingly Seek Facilities Offering Better Transit and Safe Conveying of Baggage 

According to the lead author of this report, “the tremendous increase in traveling of late due to factors such as cross country business, globalization, trips, immigration, and emigration is anticipated to bolster the growth of the global smart baggage handling system market.” There is a growing need for better baggage handling systems at airports and railways as travellers are seeking better Transit facilities and expecting their baggage to be safely conveyed. This is compelling airport authorities as well as Railway operators to implement improved baggage handling systems for travellers.

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Increasing Concerns over Smuggling of Prohibited Goods to Drive Demand for Smart Baggage Handling Systems

As relying on high-end systems for sorting baggage can give a boost to the efficiency of handling baggage at airports while reducing manual work, smart baggage handling systems are increasingly being the preferred. With growing concerns such as smuggling of illegal items or transit of items that are not permitted through flights and train are also resulting in a higher demand for smart baggage handling systems. Apart from all these factors, the growth in the infrastructural developments resulting in developments of better railway stations and airports worldwide will accelerate the growth of the global smart baggage handling systems market.

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