Tuesday, 26 February 2019

Mechanized Irrigation Systems Market – North America Serving Maximum Demand

  February 26, 2019    No comments
The global mechanized irrigation systems market has been envisaged in a report by Transparency Market Research (TMR) to bear a highly fragmented nature until the end of the forecast tenure 2016-2024. Several leading players could look to acquire new companies entering the industry. However, other business tactics involving new product launch, expansion, and agreement have been foreseen to be used in the market to gain a strong position in the coming years. Some of the prominent names operating in the industry are Lindsay Corporation, Jain Irrigation Systems Limited, Hunter Industries, EPC Industries Limited, and Driptech India Pvt. Ltd.

TMR has envisioned the global mechanized irrigation systems market to register a 14.9% CAGR during the aforementioned forecast tenure. By the final forecast year, the market could be valued at a US$35.0 bn. On the basis of type, center pivot irrigation systems have been projected to continue their lead in the market from the recent past. By region, North America could account for a lion’s share of the market in the near future.

Remedying of Low Agricultural Production Raises Demand

The need to rectify inefficient irrigation systems and low agricultural production to improve crop productivity has been prophesied to be one of the crucial factors enhancing the demand in the world mechanized irrigation systems market. Agriculture could play a significant role in positively impacting the economic development of a nation. A number of mechanized irrigation systems are used in agriculture for applications such as watering crops. Impact sprinklers, moving water nozzles, lateral move systems, central pivot systems, and sprinklers are some of the common watering systems engaged in agricultural activities.


The demand for mechanized irrigation systems has been foretold to gain momentum because of the decrease in resource costs. As a result, mechanized irrigation systems could be highly adopted for a range of applications including plantation and cultivation, besides agriculture. Low cost of irrigation followed by improved productivity, government investments and promotions, and rising awareness about the benefits of using mechanized irrigation systems in farming could be among strong growth factors of the market.

Consistent Maintenance Requirement Throws Wrench in Works

TMR analysts have identified two leading growth restraints of the international mechanized irrigation systems market: constant need for equipment maintenance and expensive initial investment. Although these restraining factors have been expected to hamper the demand for mechanized irrigation systems, there could be other factors creating robust growth opportunities in the coming years.
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Flexible Packaging Market to Boost the Growth of Packaging Industry

  February 26, 2019    No comments
The presence of large number of players in the market and entry of new entrants in the global flexible packaging market is projected to intensify the market competition. The market competition is seen on the basis of price, quality, services, and innovation. The leading players in the market putting efforts by introducing innovative and bio-based packaging materials. Some of the key players in the global flexible packaging market are Berry Plastics Group, Inc., Constantia Flexibles Gmbh, Sonoco Products Co., Mondi Group, Huhtamäki Oyj, and Ampac Holdings, LLC.

In a recent report by Transparency Market Research, the global flexible packaging is expected to exhibit 5.2% of CAGR during the forecast period between 2016 and 2024. By rising at a steady CAGR the market is projected to touch US$358.7 bn by the end of 2024 progressing from US$238.5 bn as estimated in 2016.

Based on product type, the stand-up pouch segment has higher demand in the market and is likely to accumulate a valuation of US$85.9 bn by the end of 2024. This is because stand-up pouch has the ability to store different types of products and provides higher shelf life for liquid products. Based on geography, Europe is projected to lead the market and generate a revenue of US$117.7 bn during the forecast tenure. Asia Pacific also shows growth prospects for the flexible packaging market.

Application in Various Industries to Expand Market Growth 

Globally, the demand for flexible packaging has increased at a rapid rate, as it can be used for various purposes. Moreover, with advancements in packaging material and packaging technologies the demand in the flexible packaging has also grown at a significant rate. The demand for flexible packaging is also seen in various industries such as food and beverages, consumer goods, pharmaceuticals, and many others. Thus, the growing use of flexible packaging in different industries is projected to boost the demand for flexible packaging and expand the flexible packaging market.


Complex Recycling Procedure to Hamper Market Growth Opportunities

Conversely, some restraining factors that are projected to obstruct the growth of the flexible packaging market. One of the key factor is the use of multiple layer of various types of material are used that makes recycling difficult and is complicated procedure to deal with. In some of the cases plastic and metal are used together for flexible packaging which makes the recycling difficult, as plastic can be recycled is a much easy manner than metal. Moreover, the environmental norms and regulations are getting restrict day by day, which is also hindering the growth of flexible packaging market at the global level.
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Gesture Recognition Market – Hospitality to Grant Most Attractive Growth Opportunities

  February 26, 2019    No comments
A new publication by Transparency Market Research states that the competitive landscape of the global gesture recognition market is recognized with just a few players like Microsoft, Intel, Apple and Google. The main emphasis of these key players is to produce technological beneficiaries that helps to improve their already existing products as well as diversify and expand product portfolios in the market. Regional players are also displaying enormous growth potential and attracting big investors, taking the competition to a whole new level. The increasing popularity of gesture recognition in electronic gadgets have brought about rise in various industries like smart homes, industrial automation, and automobiles. The automobile industry is predicted to gain momentum with the growth of world gesture recognition market in the years to come.

TMR reports the market valuation for gesture recognition around us$ 11.60 bn as of 2015. Over the forecast period extending from 2016 to 2024, the market is predicted to reach a valuation of US$ 48.56 bn by 2024 with a double digit growth rate of 16.2% rise.

North America accounts for the largest share of revenue at almost 35% of the global gesture recognition market as per statistics gathered in 2015 by TMR.. Over the forecast period mentioned above, the North American market is forecasted to grow at a rate of 15.1% CAGR. Asia Pacific is estimated to distribute North America’s share over the forecast period.

Consumer Electronics is estimated to account for a 35.5% share in the market globally as of 2015. Products such as smart TVs, cameras and multimedia consoles of automobiles will make consumer electronics one of the most attractive application areas with a CAGR rise of over 14.6%.


Gesture recognition market is anticipated to experience the rise of highly advanced and innovative features. The market is undergoing immense flow of investment due to the popularity of largest technology brands and extensive research and development work. The gesture recognition technology comes with the capability to communicate machines with humans.

The adoption of gesture recognition application in place of touch-based control system is predicted to be influencing the international market immensely with a positive impact due to its rising application of gesture recognition technologies in automobiles. There is an increasing usage of this technology across various other industries like medical centers, aerospace, consumer electronics, defense, automotive, and industrial automation and this trend is estimated to continue its role as prime contributor to the world gesture recognition market.
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Disposition of Obsolete Equipment in an Ecofriendly Manner to Expand Cloud Computing Data Center (ITAD) Market

  February 26, 2019    No comments
The global cloud computing data center IT asset disposition (ITAD) market has a consolidated vendor landscape as few leading companies enjoy the larger share of the market. ITRenew Inc., Arrow Value Recovery Inc., Cloud Blue Technologies Inc., Sims Recycling Solutions Inc., and Apto Solutions dominates the overall ITAD market. Moreover, rising adoption of cloud services and cloud computing ITAD software and solutions have increased opportunities for cloud computing service (CCS) providing companies, including Facebook, Google, Apple, and Amazon. Entry of new players offering enhanced products will likely change the market dynamics in the near term.

According to the Transparency Market Research, the global cloud computing data center IT asset disposition market is anticipated to rise at a steady growth rate of 5.7% between 2016 and 2020. Thus, by rising at this rate the market is estimated to reach a valuation of US$4.6 bn by the end of 2020 progressing from US$3.5 bn as estimated in 2015.

In terms of solution, the data sanitization segment is predicted to hold larger share in the global cloud computing data center IT asset disposition market during the forecast period. On regional front, North America hold larger share and dominates the global market on the basis of growing demand for safe disposition of discarded IT assets. The IT asset is accumulated due to rapid upgrading of technologies in North America, thus driving sales of cloud computing data center IT asset disposition. In addition, Asia Pacific market for cloud computing data center ITAD is also expected to grow at significant rate in coming years.


Proper Disposition of Rejected Assets to Fuel uptake of Cloud Computing Data Center ITAD

Globally, increasing use of advanced technologies such as big data analytics and cloud computing have reduced the lifespan of IT equipment. In addition, the application of cloud services has also grown massively across the world; therefore, the need for proper management and disposition of discarded assets has gained tractions.  By using ITAD that helps in disposing unwanted and obsolete equipment in an ecofriendly manner has helped the market to grow at significant rate. In addition, the rising need for managing proper, safe retirement along with expanding data security keeping in mind environmental concerns has further augmented the demand in this market.
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Global Antimicrobial Packaging Market: Growing Disease Awareness to Emerge as Boon, finds TMR

  February 26, 2019    No comments
The global antimicrobial packaging market is expected to witness a highly intense competitive scenario in the coming years, states Transparency Market Research (TMR) in a research report. The increasing competition can be attributed to the presence of several regional and global players of small, medium, and large scale. The crème of the crops present in the market are The Dow Chemical Company, BASF SE, Sciessent LLC, and Takex Labo Co. Ltd. The companies are likely to get attracted by the opportunities present in the Asia Pacific region. The players are likely to highly benefit from this market owing to the rising demand for convenience food in the region along with proliferating health concerns among the people living in the region which will give the players a better opportunity to enhance their reach, thus further intensifying a competition.

According to a TMR analyst, “The global market for antimicrobial packaging is expected to witness a 5.1% CAGR from 2016 to 2024. The market is expected to be worth US$15.31 bn by the end of 2024 rising from a valuation of US$10.28 bn in 2016.”

Plastics to be in Ultimate Demand 

On the basis of materials, the global market has been segmented into plastics, biopolymers, paperboards, and tin, among other minority materials. Among all these, plastics have emerged as the most loved material and have been gaining popularity owing to their superior features related to chemical, mechanical, and physical formulations. Plastics are effortlessly pliant, can give adequate levels of flexibility, security against tears, numerous layered packaging, all requiring little to no effort when contrasted with other packaging materials.

Region-wise, the market has been segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Asia Pacific emerged as the leading region in 2015 accounting for a share of 33.3% in the same year. It is expected to maintain the leading position until the end of the forecast period.


High Shelf Life Provision to Augment Demand

The expanding examples of waterborne and foodborne diseases, cost expansion food and beverages industry, and growing awareness regarding food shortage around the globe is setting a ton of consumers at a spot where they need to maintain a strategic distance from wastage of food however much as could reasonably be expected. This need is enlarged by the general household inclinations with the average workers of accumulating certain sorts of beverages, mixers, condiments, spices, and food products.

On the whole, this structures the main factor driving the worldwide antimicrobial packaging market, because of the reasonable lead that antimicrobial packaging holds as far as broadening the time span of usability of its consumable substance. Producers of food products and also the basic consumer statistic is currently searching for approaches to build the general life expectancy of food and beverage products and this pursuit drives them to the few sorts of antimicrobial packaging accessible today.
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Folding Cartons Market is Growing Due to Increasing Adoption from Food and Beverage Industry

  February 26, 2019    No comments
Key players in the global folding cartons are focusing on product proliferation to strengthen their market hold, states a newly launched market intelligence report by Transparency Market research (TMR). Apart from this, increasing investments form top players for development of advance techniques is boosting the global folding cartons market. Some of the predominant players operating in the market are Westrock Company, Amcor Limited, Huhtamaki Oyi, Sonoco Products Company, and AR Packaging Group AB.

As per the TMR report, global folding cartons market is expected to consume 29,036,000 tonnes by the end of 2025 in terms of volume. The market is projected to rise at a steady CAGR of 4.7% over the forecast period of 2017 to 2025 in terms of volume.

Among all the regions, Asia Pacific is dominating in terms of value and volume owing to the rising trend of packaged food across the developing countries such as China and India. On the basis of end user, food and beverage industry accounts for a large market share. The same is expected to continue in the near future as well. One of the major factors behind the growth of this end use, the segment is leading to the increasing consumption of folding cartons. 

Changing Lifestyle and Eating Habits to Bolster Growth  

The increasing demand for folding carton for several applications is fueling the growth of the global folding cartons market. This is mainly due to rise in consumption of packaged food owing to the changing lifestyle of people. Further, manufactures of folding cartons market are focusing on advanced product development techniques to cater rising adoption from end users.

Furthermore, increasing investment for use of latest technologies and new product launch by  manufacturers are some other factors addressing the growing demand for folding cartons. Some other factors such as favorable demographics, increasing disposable income, rising consumer awareness, and demand for processed food are driving this market. To serve this, suppliers and product manufacturers are adopting unit-level and small-sized packaging machinery. These factors are boosting the global folding cartons market.


Fluctuations in Wood Pulp Price May Hinder Prospect of Market 

One factor which may dampen the growth of the global folding carton market is regular fluctuations in wood pulp price. This may have a negative impact on the growth of the market. For the past few years, the prices for paper has been increasing at an alarming rate due to demand supply gaps globally.
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Global Case Packers Market to Reach a Valuation of US$1,450.7 7 Million by 2025, Owing to Thriving Demand from Food and Beverages Industry

  February 26, 2019    No comments
The global case packers market is categorized by the presence of numerous players operating in it. Players in the market are focusing on innovation to cater the demand from the end user industry.  Key players in the global case packers market are experimenting with novel strategies to strengthen their market hold. Some of the prominent players operating in the global case packers market  are Shibuya Corporation, Smurfit Kappa Group, Omori Machinery Co. Ltd., Tetra Pak International S.A., Rovema GmbH, and Marchesini Group S.p.A.

As per a  recent market report by Transparency Market Research (TMR) on global case packers market, the market is estimated to reach a valuation of US$1,450.7 million by 2025 end, rising at a steady CAGR of  4.3% during the forecast period that is 2017- 2025. The market was evaluated at US$1,457.2 mn in 2017.

On the basis of end-use industry, food and beverage industry leads the market share of the segment owing to the huge demand. Geographically, Europe and North America altogether holds substantial share in the regional market at present. Case packer market in Asia Pacific region is rising at great speed owing to the presence of numerous end user industries in the region. The case packer market in the region is expected to rise at a CAGR of 5.9% during the forecast period. And it is estimated to surpass Europe and North America market in the near future


Case packers find extensive application in several end-use industries including food and beverage, cosmetics and personal care, and pharmaceuticals.  The growing demand from food and beverage industry is expected to propel the global case packers market. On the basis of machine type, robotic case packers  have more demand among the end users. This is mainly because of its ability to pick up irregular shape.

Further, it allows more rotation as compared to other machine type. The rise in the demand of end users dealing in different product portfolio is fueling the global robotic case packers market. Globally, the demand for the robotic case packers segment is expected to expand at a CAGR of 4.7% during the forecast period of 2017 to 2025.  Apart from this, low cost associated with the automatic case packers is encouraging small scale manufacturer. This is expected to rise the market of share of the automatic case packers market. 
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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 ...