Cosmetic Packaging Market is Gaining Remarkable Growth Due to an Increase in Demand from Millennials in Emerging Markets

The global cosmetic packaging market is analysed by Transparency Market Research to find opportunities and analyse future trends. The report titled “Cosmetic Packaging Market: Global Industry Analysis, Opportunity Assessment, 2018 – 2026” states that the increased premiumization of cosmetic products and advancements in printing technology are propelling the growth of global cosmetic packaging market. The global cosmetic packaging market is expected to create an incremental $ opportunity of US$ 14,250.92 Mn during the forecast period.

Rising Demand for Hair Care & Skin Care Products

Cosmetic packaging is gaining market traction with remarkable growth throughout the forecast period primarily, due to an increase in demand from millennials in emerging markets such as India, Brazil, and South Africa. Global hair care & skin care industries are growing with higher annual growth rates. Anti-ageing products such as creams, shampoos, and hair conditioners are some of the prominent products driving the global cosmetic packaging market. Rising awareness of anti-aging products amongst the female population is one of the primary factor boosting the sales of the global cosmetic packaging market.

Positive Impact of Internet/E-Commerce Retailing

E-commerce penetration into rural and urban areas is driving the global cosmetic industry sales, which, in turn, are driving the growth of the global cosmetic packaging market. Rising cross border sales and penetration of internet into emerging markets is expected to boost the sales of cosmetics. The increasing presence of millennials on social media helps them explore more global cosmetic brands which, in turn, is driving the sales of cosmetic packaging.

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• For instance, Estee Lauder generated 12% revenue in the U.S., and 8% of its global sales were derived through e-Commerce retailing.
• Apart from Estee Lauder, L’Oreal also generated 25% of its revenue through E-Commerce retailing.

Demand from Commercial Setups

The growing number of commercial setups is driving the global cosmetic packaging market. Factors such as changing lifestyles of the people, services provided by the beauty and wellness industry, increasing middle-class population of the Asia Pacific countries is expected to drive the growth of the global cosmetic packaging market. 

Moreover, the usage of color cosmetics in commercial establishments is comparatively higher than in households. This trend is expected to continue during the forecast period and is expected to drive the demand for cosmetic packaging. Improving economic conditions, coupled with the rising emphasis on grooming, in the emerging markets is the major driver influencing the demand for cosmetic packaging.

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Water Soluble Films Market – Future Analysis and Trends by TMR

According to the latest market report published by Transparency Market Research titled ‘Water Soluble Films Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026′, the detergents end use segment is expected to be the largest contributor to the global water soluble films market during the forecast period 2018-2026. Globally, the water soluble films market was valued at US$ 268.9 Mn in 2017, and is projected to increase at a CAGR of 4.6% during forecast period 2018-2026.

The water soluble films market is anticipated to register fast growth due to various government initiatives and regulations that have been formed for environmental protection. The increasing awareness among consumers regarding the use of bio-degradable materials will further boost the use of water soluble films. Demand is being generated from both, consumer and industrial segments. The safer, convenient, and optimal use of agrochemicals will drive the market for water soluble films, as governments are focusing on the disposal of agrochemicals in environment-friendly ways.

On the basis of thickness, the global water soluble films market is segmented into Below 30 Micrometer, 30-60 Micrometer, and Above 60 Micrometer. 30-60 Micrometer is the leading segment with a market share of over half of the global market in 2018. The Below 30 Micrometer segment is expected to emerge as the fastest growing segment in the market, owing to their increasing uptake.

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Based on end use, the market is divided into Detergents, Agrochemicals, Laundry Bags, Cosmetics, Chemicals & Pharmaceuticals, and Others. The Detergents segment is expected to account for more than 40% market share in 2018. The Agrochemicals segment is expected to emerge as the fastest growing segment in the market, owing to the increasing use of water soluble films in agriculture. This segment is expected to contribute around one-third to the market by 2026 end.

The growth of this segment is attributed to the introduction of innovative packaging designs, new product launches, and increasing urbanization and disposable income of people around the world. Growing hygiene consciousness among consumers coupled with rising standards of living are propelling the demand for detergents. In addition, positive growth witnessed by the hospitality industry is also contributing significantly to the demand for detergents, thereby supplementing the overall demand for water soluble films in the detergent packaging industry.

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Agrochemical packaging is also among the major demand drivers for water soluble films in the global market. Agrochemicals such as pesticides, insecticides, herbicides, fertilizers, and others chemicals are witnessing augmented demand in the agricultural sector, thus creating lucrative growth opportunities for water soluble films during the forecast period.

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Wood Chipper Machines Market – Competitive Scenario With Impact Of Drivers And Challenges 2026

The demand within the global market for wood chipper machines has been rising on account of key advancements in the worldwide forest industry. The use of wood chippers spans across multiple industries as wood is a key raw material for a number of industrial units and manufacturing entities. Wood chipping machines help in cutting, slicing, shaping, and edging of tree trunks and branches, and these functions may be performed for a wide range of applications.

The manufacture of wood chipper machine is a herculean task as it involves the use of cutting-edge tools, robust in-built machinery, and driving motors. The helming of wood chipper machines also requires prior knowledge about its functioning mechanism in order to ensure easy chopping and chipping of wood. The contemporary times have witnessed a high rate of deforestation due to the need for wood and teak across a wide range of industries. Owing to the aforementioned factors, it is legit to assert that the global market for wood chipper machines is treading an ascending growth path in recent times.

The global market for wood chipper machines may be segmented on the basis of the following parameters: product type, end-use industry, and geography. The relation of the wood chipper machines market to multiple industries calls for a deft understanding of the aforementioned segments.

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A report added by Transparency Market Research (TMR) on the global market for wood chipper machines is an illustrious account of several dynamics pertaining to this market. The demand drivers and restraints of the global wood chipper machines market have been stated and elucidated within the report. Besides this, the regional fragmentation of the global market for wood chipper machines has also been included in the report.

Global Wood Chipper Machines Market: Trends and Opportunities

The rapid spree of urbanisation across the world has led to the demolition of expansive forest lands, and has created a plethora of growth opportunities for the global wood chipper machines market. Development of new construction sites at the outskirts of towns and cities has called for swift chipping and cutting of trees and vegetation. Hence, the global market for wood chipper machines has been expanding at an astral rate over the past years. Furthermore, botanical gardens and amusements parks have also become key consumers of wood chipper machines on account of the need to shape and beautify trees in the premises.

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Generator Control Units Market – Future Analysis and Review by TMR

The demand within the global market for generator control units has been rising on account of the seamless need for power supply across the commercial, residential, and industrial sectors. It is worthwhile to mention that the market for generator control units has undergone key advancements with growing deployment of generators in industrial and commercial units. Generator control units are vital sources of power in situations of power-loss, outage, or electric system failure. The development of advanced generator control units that can function for long durations of time has been hailed as a harbinger of development in the industrial sector.

Furthermore, generator control units are equipped with the latest technologies to keep a track of power outages, power-loss durations, and other similar parameters. The demand within the global market for generator control units has been rising on account of manifold developments across the manufacturing sector. Considering the aforementioned dynamics, it can be predicted that the revenue index of the global market for generator control units would improve in the years to come.

The global market for generator control units can be segmented on the basis of the following parameters: product type, end-use application, and region. All of these segments cumulate towards developing a robust market for generator control units across the globe. Furthermore, an understanding of these segments shall help analysts in drawing key inferences with regards to the global market for generator control units.

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A report added by Transparency Market Research (TMR) on the global market for generator control units predicts several trends and propensities that could prevail in this market over the forthcoming years. Moreover, the developments in the global market for generator control units over the past decade have also been elucidated in the report.

Global Generator Control Units Market: Trends and Opportunities

The demand within the global generator control units is projected to reach new heights as industries pay prime focus on averting power outages. In order to retain a regular of supply of electricity during times of power shortage, several industrial units deploy generators across their premises. This factor has played a major role in the growth of the global market for generator control units in recent times, and has also resulted in huge-scale revenue generation. The productivity of manufacturing units can be affected if power outages last for long durations of time, and hence, these units are necessarily equipped with generator controls. It is prophesied that the global market for generator control units would expand alongside rising number of power plants across the world.

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Autonomous Construction Equipment Market – Off-Road Construction Vehicles to Go Autonomous

The demand within the global market for autonomous construction equipment has been rising on account of key advancements in the worldwide constructions industry. Autonomous construction equipments have been gaining popularity across the world on account of their ability to hasten the construction process and offer a high level of standardisation. The global construction industry has recorded massive growth in terms of expanse, revenues, and demand, thus, giving an impetus to the growth of the global market for autonomous construction equipment.

The need to build reliable, strong, and aesthetic structures is felt across the industrial, residential, and commercial sectors which is projected to propel market demand. Furthermore, architects, engineers, and other professionals in the constructions industry have shown a sense of proclivity towards paced constructions. Hence, it is safe to prognosticate that the demand within the global market for autonomous construction equipment would touch new heights in the years to come. Moreover, the intervention of government entities in the constructions industry is also expected to result in greater adoption of autonomous construction equipment.

The global market for autonomous construction equipment may be segmented on the basis of the following criteria: equipment, autonomy, and region. All of these segments are a media to get a peek into the various dynamics of the global market for construction equipment.

A report added by Transparency Market Research (TMR) on the global market for autonomous construction equipment reviews several factors that have contributed to the growth of this market. The relevance of these factors from the perspective of growth in the cotemporary times has also been evaluated in the report. A comprehensive understanding of the global autonomous construction equipment market can be gained through a thorough study of TMR’s report.

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The demand within the global market for autonomous construction equipment has been rising on account of the proactive nature of agents within the constructions industry. The need to reduce manual labour and increase productivity has necessitated the deployment of autonomous construction equipments in the industrial, residential, and commercial sectors. Hence, the growth of the global market for autonomous construction equipment largely hinges on to the type of development strategy adopted by the constructions industry. Furthermore, the presence of a robust pool of civil engineers who can evaluate the pros and cons of using various construction methods, techniques, and mechanisms shall also play a key role in market growth.

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Plant Phenotyping Market is driven by Rise in Importance of Sustainable Crop Production

The global plant Phenotyping market is anticipated to be growing remarkably in the future years. Plant Phenotyping is a quantitative elucidation of a plant’s physiological, biochemical, ontogenetical, and anatomical properties. Plant traits are being categorized in a high turnout as a result of rapid developments that have taken place in image-analysis and non-destructive branch of Phenotyping.

There are different variations of the global plant phenotyping market on the basis of product, site, platform or carrier, level of automation, analysis system, and application. Based on segmentation by product type, the market for plant phenotyping is categorized into sensors, software and equipment. The equipment group is further segmented into level of automation, platform, and site. Among the sub-division of platforms, the drones sub-segment is estimated to dominate the region as it does not demand much manpower. Other plant phenotyping equipment include conveyor-based systems, portable systems, and bench-based systems.

Based on categorization by application, the market is classified into quality assessments, product development, breeding, and plant research. Other sub categorization of application types in the plant phenotyping market are growth assessment, morphology, photosynthetic performance, trail identification, and high-throughput screening.

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With respect to level of automation, the global plant phenotyping market is divided into manual automated, semi-automated, and fully automated. Based on segmentation by site, the market for plant phenotyping is divided into field, greenhouse, and laboratory.

The global plant phenotyping market is driven by a number of factors. One of them being the rise in importance of sustainable crop production. This is being done by using better and improved variety of crop for production. Apart from that the rise in investment in order to produce better outputs and the expansion of plant phenotyping especially in the developed regions is also estimated to boost the overall growth of the market for plant phenotyping in the long run.

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Automotive Battery Thermal Management System Market is to be worth US$ 4 Bn by 2026

Transparency Market Research has released a new market report titled “Automotive Battery Thermal Management System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global automotive battery thermal management system market is expected to expand at a CAGR of 38.04% during the forecast period.

Government incentives and subsidies, expanding charging infrastructure, enlarging battery life and performance, increased awareness about global temperature rise, development of fast electric vehicle chargers, and decreasing electric vehicle prices are primarily driving the electric vehicle market, which in turn is propelling the battery thermal management system. Batteries, are the power source for electric vehicles and their performance, life, and efficiency varies according to temperature.

Thus, the battery thermal management system is an essential part of electric vehicles, as it maintains adequate temperature of the battery in order to enhance battery life and reduce life cycle cost. According to studies, battery life reduces by two months when the temperature of battery increases 1ºC in the range of 30ºC to 40ºC. Therefore, the battery thermal management system plays a vital role in increasing battery lifespan by maintaining adequate temperature of the battery. OEMs are incorporating advanced technologies into vehicles, such as advanced driver assistance system, regenerative braking system, hybrid technology, and electronic stability control.

Increased number of electronic and electrical components increases the workload on the vehicles, which in turn raises the battery temperature. High density batteries, which are compact and have minimal surface area and consequently, significantly less heat dissipation rate, leads to increased battery temperature. Fast charging is are a key cause for increased battery temperature. The battery thermal management technology plays a vital role in maintaining adequate temperature of batteries for optimum performance.

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Active battery thermal managements systems are widely utilized owing to their simplicity and inexpensiveness. In an active battery thermal management system, coolant is force circulated through pipes surrounding the battery cells. The coolant used in a battery thermal management system can be air or liquid. Liquid based systems are popular owing to their cost-effectiveness and ability to maintain stable battery temperature. The air-based active battery thermal management system is simple and inexpensive; however, it becomes less effective at higher temperatures such as 40ºC to 55ºC.

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