Android OS and IoT Devices Lift Smart Rings Market to New Heights

Smart rings are cyclic-shaped wearable devices which help consumers communicate with other people, devices, keep track of activities, and use smartphones with convenience. The advancements in smart rings market have enabled wearers to send and receive pictures, messages, contact information without the need to reach for their smartphones. The growing innovation in smartphone operation systems like in Android continues to drive the smart rings market to new peaks of success. The market is predicted to reach US$11.44 mn by 2025 end. Although the market is in its nascent stages of development, it offers bright prospects for potential investors with a predicted CAGR of 24.0% during 2017 – 2025.

Android Systems Continue to Dominate the Smart Rings Market

Android operating systems in smartphones and PCs dominated the global smart rings market in recent times. Its market share is expected to go up even more during the forecast period and reach nearly 57%. There are other important operating systems in the market too, including IoS by Apple and Microsoft Windows. However, the Android operating systems are expected to lead the market growth both in terms of revenue and volume during 2017 and 2025. Widespread penetration of android devices, and low costs and open source platforms are expected to drive the growth of the android operating systems further.

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NFC-enabled smart rings and Asia Pacific region Drive Market Growth

NFC- enabled devices can require as little as 1/10th of a second to get started and do not rely on batteries to support various functions. Hence, NFC-enabled smart rings are becoming popular among consumers and manufacturers as well. Additionally, growing government initiatives in Asia Pacific region like smart cities offering Wi-Fi connectivity and rising demand for personal devices are expected to drive the smart rings market in the near future.

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Increasing Use of Electric Vehicles to Expand Demand for Smart Parking Systems

Technology has now become an integral part of our lives. With each passing minute, we are interlinking closely with technology and internet. Nowadays, electronic devices, electric cars, connected building, and others have become an essential part of our lives. The close inclusion of these technologies has undoubtedly improved the way humans’ lives. Taking the example of smart parking, where one can park electric cars at much ease and hassle is astonishing. As the demand for electric vehicles has increased dramatically, the need for appropriate environment is also needed equally. Moreover, increasing traffic across the globe and increasing number of car owner urged the need for smart parking. 

Implementation of smart parking systems are expected to improve the efficiency to deal with parking problems and provide flexibility while parking. Number of governments are carrying out smart cities projects which will help in developing and growing the global market for smart parking in the forthcoming years. Moreover, integration of machine-2-machine communication and internet of things at a large scale has helped in building smart parking systems appropriately. 

What are the key benefits driving the demand in the global smart parking market?

Other benefits of smart parking systems are it provides real-time data to determine the availability of parking space. This helps in saving cost, time and fuel. Implementation of parking systems will also help in reducing traffic and remove congestion on roads even on peek timings. Smart parking system will have a positive effect on environment as well. 

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Adding further, supportive government policies in implementing these solutions and initiatives are presumed to expand the growth in this market at a remarkable rate. Economic development taking place in developing regions, where government is trying to integrate advanced technology will also provide a fillip in the smart parking market. Moreover, the use of low-cost sensors and mobile phone enabled automated payment systems that make these smart parking more users friendly will accelerate the market’s growth.

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Growing Demand for Advanced Bundling Paper to Boost Envelop Paper Market Growth

The envelope paper is exceptionally well known among the general population since it an extremely basic item utilized by everybody around. This has expanded after the ascent in training, industrialization, and other business purposes. An envelope is one of the typical bundling item that is a collapsed paper piece significantly intended to keep a level thing for instance, letter or card and still is a key piece of correspondence framework in different countries. 

What are the key factors fuelling envelop paper market growth?

The imperative factor that would add to the improvement of the envelope paper market is the extension prominent for mailers and bundling envelopes in light of the fact that numerous electronic web business associations require adaptable bundling to transport stock by means of the mail for various things. One more area towards the improvement of worldwide envelope paper market is package part that give shipping envelopes permitted to their customers by the providers of medium-term organizations, for instance, Federal Express, Express mail, etc. 

All things considered, new headways have rarely revoked old developments, they fundamentally placed them into most recent applications essentially like TV did not slaughter radio correspondence. Be that as it may, current people losing the tradition and traditions to exchange money envelopes in the weddings or some other occasion and besides the use of computerized exchange structure like e-wallets and net banking for trading money is similarly blocking the improvement of envelope paper market.

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Which is key region for the growth of the envelop paper market? 

China and India have anticipated the generous ascent in worldwide envelope paper market inferable from some central point that include expanding populace, rising the establishment of experts, rising rate of proficiency, and activities taken by the administration to redesign instruction industry. Europe and North America are anticipated to extend a remarkable development inferable from an expanded expectation for everyday comforts and ascend in expendable wages. Also, the Middle East and Africa are probably going to encounter noteworthy development rates in worldwide envelope paper market in up and coming years.

The major players operating in the global envelope paper market include Pranita Enterprises, Multi M Enterprises, Vatvruksh, L A Envelope Inc., Om Express Print Pack Private Limited, and Cenveo Corporation.

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Tri Panel Labels Market Is Set For A Rapid Growth By 2028

The global packaging industry is witnessing a notable growth, mostly driven by the changing needs of packaging buyers, trying to provide more customized products required by the consumers. The packaging and labelling not only restricted to preserve the product but also to communicate and convey the product’s information in very compact and in efficient way.

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The format and different design of labels makes a point of differentiation in providing the product related information along with maximum utilization of surface area. The tri-panel label is a type of booklet style label that can open up to two more panels on which the information is printed. Tri – Panel labels are used in a vast range of applications such as industrial use, display of important information regarding the food & beverages products, cosmetics & personal care products, among others.

The demand for tri – panel labels is anticipated to witness significant growth during the forecast period. Tri – panel labels provides triple space for printing information and be presented in a user friendly manner. Tri – panel labels also help in the presentation of repeated reference information such as product instructions, content information, and safety information. The aforementioned features offered by tri – panel labels is expected to propel the growth of the global market for tri – panel labels during the forecast period.

One of the key driver driving the growth of the global tri – panel labels market is that the information about the product can be printed in a reader – friendly manner. The printing on tri – panel labels also helps in reducing the additional cost of printing. These are the factors that support growth of the global market for tri – panel labels during the forecast period.

Despite the positive outlook, there are some factors that might hamper the growth of global tri – panel labels market as if any changes required the tri – panels need to be updated and reprinted which will add extra cost which will increase the overall cost of the tri – panel label.

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Anti-Fog Lidding Films Market – Competitive Market Insight, key drivers and Forecast by 2028

Technological enhancement in new lidding films provides chemically formulated surface for better anti-fog performance. Consumer’s preference to view the quality of the food boosts the demand for clean, clear, and fresh looking package which ultimately drives the market of anti-fog lidding film. The exceptional properties of anti-fog lidding films such as robust sealing layer, perfect optics, and pleasing clarity make them suitable for food products including snacks, fresh fruit, vegetables, meats etc.

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Also, the inertness of anti-lidding films towards temperature makes the packaging suitable for storage, distribution and retail. These qualities of anti-fog lidding films have reduced complications or issues related to ordinary lidding films and give a sense of confidence to consumer regarding food safety, freshness, and quality of the food. Some key characteristics of anti-fog lidding films such as sustainability, better visibility, low cost and good printability make them preferred choice for food packaging and hence it is expected to create huge opportunities during the forecast period.

Consumer’s preference towards lidding films which are clear and which stick to the surface strongly yet easily peelable drives the market of anti-fog lidding films.

The anti-fog lidding films are designed to extend shelf life of the food and reduce food wastage These films are lighter in weight which ultimately makes these films suitable for the packaging of food. Hence the rising demand of secure food packaging expected to drive the global anti-fog lidding films market. Consumer’s perception towards secure food packaging is that it keeps food food fresh for longer time which act as a driver for the high growth in anti-fog lidding films market. The high barrier lamination and printing on the packaging is appealing to the customer and its fresh appearance also grabs consumer’s attention.

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Metal Drums Market Adopts Innovation to Stay Competitive, 2018 – 2028

A rise in demand for chemicals & petroleum lubricants from varied end-use industries with a mounting focus on strengthening the supply chain capability is expected to drive the need for industrial metal drums. Metal drums are anticipated to be the most common form of liquid, semi-liquids (solvents) and powder packaging. Manufacturers across the globe are siting increase in demand for cost-economical yet exceedingly efficient solutions to overcome the bulk packaging challenges. Hence, several industrial rigid packaging companies concentrate on expanding their product range to cater budding demands from numerous end-use industries.

Metal drums market: Dynamics

Developing economies such as India & China are likely to witness very minimal sign of economic slow-down compared to Western economies. Booming economy owing to growth in the industrial sector, in this APAC region is projected to channelize the warehousing as well as logistics sector thereby generating the demand of rigid heavy duty metal drums.

Key developments & Trends

The established market players that currently operate in the industrial packaging market are out to acquire or collaborate with local/regional players in order to expand its market presence and gain significant market share.

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For instance:

• In March 2018, MAUSER USA, LLC acquired manufacturing facilities of Atlanta based MaschioPack North America LLC. This acquisition offers MAUSER an opportunity to expand its footprint in North America, with supply of additional manufacturing backing for its reconditioning affiliate, National Container Group (NCG).

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Vaccine Carriers Market is driven by Increased Demand for Effective Cold Chain Solutions

Vaccine carriers are insulated containers made using HDPE (high-density polyethylene), lined with coolant packs. Vaccine carriers are used to keep vaccines cold during transportation. The insulating material inside the container is made of polyurethane which has high mechanical ruggedness, small weight and high heat insulation properties. Vaccine carriers have a low volume which makes them easy to carry for health workers during vaccination campaigns and out-reach services where refrigeration and ice are not available. Vaccine carriers are designed and manufactured using WHO guidelines and international standards for storage and transport of vaccines.

Coolant packs are added to vaccine carriers as accessories which provide cooling energy for a limited period. The vaccine storage capacity of the vaccine carrier is 0.1 to 5 litres. Cold life of the vaccine carrier is measured from the moment the lid is closed and the empty container is stabilised at 43°C and loaded with ice packs which maintain the container at +5°C for a minimum of 24 hours. The temperature of the water pack is pre-cooled to the temperature between +2°C and +8°C before use.

The cold chain market is expected to grow during the forecast period which will lead to the increase of vaccine carriers market. The increased demand for effective cold chain solutions in the pharmaceutical sector paves a path for vaccine carriers market by providing medical help in the remote areas. Vaccine carriers are an ideal choice for the storage and transportation of vaccines and diluents to an out-reach service due to its outstanding features such as high-quality insulating material, light in weight, robustness, and insulation from external heat environments. Primary drivers of the vaccine carriers market are reliability, efficiency, easy to handle and sturdily built properties.

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The vaccine carrier lid provides an airtight seal to the container protecting the contents from the external environment. Phase change material (PCM) is a passive cooling storage alternative for ice packs. Solidly frozen PCM packs hold more cooling power than ice. PCM packs are ideal to use because they can freeze at a vaccine-safe temperature of 5°C. The surge in the incidences of infectious diseases is likely to spur the demand for vaccines which will help the growth of vaccine carriers market in the coming years.

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