Future Opportunities in PET Bottles Market | High Growth in Future

Transparency Market Research delivers crucial insights on the PET bottles market in its published report, titled “PET Bottles Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2027”. In terms of revenue, the global PET bottles market is projected to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Polyethylene terephthalate (PET) is a widely used plastic across the globe. PET bottles can be manufactured by two types of molding methods, namely – one step and two-step. PET bottles are highly consumed product in the packaging industry owing to the rising demand from food & beverages, personal care & cosmetics, pharmaceuticals, and other end-use sectors. PET bottles find useful applications in various end-use industries. PET bottles are available in various volumes from 100 ml and 200 ml to 2000 ml & above. PET bottles can be custom-made as per the requirement as well.

In the report PET bottles market, TMR suggests that the increasing consumption of beverages such as, carbonated drinks, energy drinks, packaged bottled water, and others across the globe is supposed to be the key driver for the growth of the global PET bottles market. The 500 ml to 1000 ml PET bottles segment is expected to be the most lucrative type as per capacity. PET bottles within this capacity range are easy to use and can be carried comfortably.

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The 500 ml to 1000 ml capacity segment is expected to account for more than 50% of the total market share in 2018. In terms of neck type, alaska/bericap/obrist account for approximately 50.4% of the total PET bottles market by market value. The TMR study analyses the PET bottles market in several regions and focuses on the key dynamics affecting the market globally. There is a consistently high demand for PET bottles in the market due to their recyclability as compared to other materials. These factors are supposed to drive the growth of the global PET bottles market during the next decade. In terms of end-use industries, the beverages end-use segment is expected to drive the demand for PET bottles. The plastic ban implemented by several governments impede the growth of PET bottles.

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5G Chipset Market | Growth Opportunities, Supply, Demand Status and Future Prospects

According to a new market research report published by Transparency Market Research titled ‘5G Chipset Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2026,’ the global 5G chipset market is estimated to be valued at US$ 1,571.9 Mn by 2019 and is expected to expand at a CAGR of 44.01% from 2019 to 2026, to reach value of US$  20,195.8 Mn by the end of the forecast period.

Commercialization of the 5G technology across the globe to fuel the global 5G chipset market

Various telecom operators as well as chipset manufacturers are investing significantly in research and development activities for commercialization of the 5G technology. Telecom operators are collaborating with various network equipment providers as well as service providers to accelerate the commercialization of 5G. In November 2018, Huawei, a prominent network equipment company, announced to have signed 22 commercial contracts for 5G. The company is currently working with more than 50 carriers on 5G commercial trials.

Furthermore, various chipmakers are introducing advanced 5G chipsets in the market in order to accelerate the adoption of 5G across the globe. For instance, in December 2018, Qualcomm, a prominent chipmaker launched its flagship Snapdragon 855 chip, which would facilitate use of the 5G technology in mobile phones.

Rising demand for high speed to propel the global 5G chipset market

Demand for high-speed Internet has been increasing globally for the last few years, especially in developing economies such as India and China. The primary factor responsible for this rise in demand is the increase in demand for on-demand video streaming. In order to satisfy this surging demand for high-speed data, smartphone makers are engaging in the development of smartphones with 5G capabilities.

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Furthermore, chipmakers are forming partnerships with phone manufacturers to provide them with 5G chipsets to be installed in their smartphones. For instance, Qualcomm, a leading chipmaker, has partnered with 19 phone makers to supply 5G chipsets to them.

Asia Pacific market to expand at a rapid pace owing to increasing number of smartphone users in the region

In terms of geography, the global 5G chipset market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is estimated to be the leading region of the global market by 2019, followed by Europe. The market in Asia Pacific is projected to expand at the maximum CAGR from 2019 to 2026 owing to the rising number of smartphone users and increasing demand for high-speed Internet in the region.

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HAZMAT Packaging | Safe and Secure Packaging Solutions

Transparency Market Research delivers key insights on the HAZMAT packaging market in its published report, titled “HAZMAT Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2027.” In terms of revenue, the global HAZMAT packaging market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in the HAZMAT packaging market report.

HAZMAT packaging refers to the packaging of hazardous materials that are capable of posing risk to health, safety, or property when transported in commerce. HAZMAT packaging has emerged as an efficient way to protect environment from hazardous chemicals. Incidents involving HAZMAT packaging product types can involve risk of contamination, leakage, spillage fire, and explosions, which can threaten individual health and cause the breakdown or failure of equipment or processes and the performance of facilities below expected levels of capacity. So, HAZMAT packaging plays an important role in the shipment of hazardous goods.

The basic shipment description required for HAZMAT packaging consists of shipping name, hazardous material classification, identification number, and the respective packing group. Labelling & marking are the two primary constituents that play a vital role in the HAZMAT packaging market. The scope of this report is the primary packaging of HAZMAT goods. Primary HAZMAT packaging includes packaging of products through drums, flexitanks, industrial bulk containers, etc. Packaging done with corrugated boxes is a part of secondary HAZMAT packaging.

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In the report, TMR suggests that developing countries such as India & China, are estimated to register impressive growth in the HAZMAT packaging market during the forecast period. The growth is supported by the rising concerns towards the safety of goods and the growing chemical & refinery industry. Moreover, increasing production of drums in China is driving the demand for HAZMAT packaging. Research also suggests that Europe is estimated to have promising potential in the development of the HAZMAT packaging market.

Also, stringent regulations imposed by the government regarding the transportation of HAZMAT goods are driving the demand for HAZMAT packaging. Global manufacturers in the HAZMAT packaging market are opting for U.S. /DOT, IMO approved products as the fine imposed, if rules are not followed is quite high. Also, key players are expanding their production capabilities in order to outpace their competitors in the market. For instance, Hoover Ferguson Group has expanded its production capabilities and provides the highest quality standards in HAZMAT packaging as its products are DNV, BV, UN, and IMO certified.

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Converting Paper Market Is Repositioning the Paper Industry as “Fiber Industry”

Transparency Market Research provides key insights on the converting paper market in its recently published report, named “Converting Paper Market Global Industry Analysis, Size, Share, Growth, Trends, Historic Analysis 2014 – 2018 and Forecast 2019 – 2027.” In terms of market value, the global converting paper market is projected to grow at a CAGR of 1.9% during the forecast period, owing to various factors, about which TMR delivers thorough insights and forecast in the global converting paper market report.

The United States and Canada are taken under consideration for the North America converting paper market analysis. The United States is estimated to dominate the converting paper market due to the evolving packaging industry and intolerance for plastic products in packaging. The rapidly growing digital media is expected to restrain the growth of graphic paper in the North American region.

The Latin America converting paper market is projected to witness fast-paced growth due to an increase in demand for tissue paper and packaging paper. Owing to a rise in demand for consumer paper products, Brazil is expected to be a highly attractive converting paper market in terms of market share and growth rate during the forecast period.

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The European converting paper market is segmented into Germany, Italy, France, United Kingdom, Spain, Benelux, Nordics, Russia, Poland, and Rest of Europe. Germany is estimated to dominate the European converting paper market in terms of production and consumption. Germany is one of the largest converting paper exporters across the globe followed by China and the United States. The hygiene paper segment is estimated to witness fast-paced growth in the European converting paper market during the forecast period. In the European market, the packaging industry is expected to share half of converting paper share by the end of 2027.

The Asia Pacific is projected to be an emerging market for converting paper during the forecast period. Rapidly evolving packaging industry of China, India, and ASEAN is the prominent driver for the converting paper markets in the region, although relatively gentle regulations for the usage of plastics in the region have restrained the growth of converting paper in the geography. 

The Asia Pacific market, especially China and India, is anticipated to be the largest consumer of paper for writing, printing, and packaging. It is expected to promise high returns on investments by key global players. The introduction of new enterprises in China and India are improving the market share of printing paper. The growing urbanization and economy drive the demand for paper for writing and printing with consumption in packaging.

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Intelligent Assistant Embedded Consumer Devices Market Set for Rapid Growth and Trend by 2026

According to a new market report published by Transparency Market Research the global intelligent assistant-embedded consumer device market is expected to reach a value of 1,266.9 Million Units by 2026 on account of high adoption of intelligent assistant-embedded consumer devices across the world. The market is projected to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. North America is anticipated to have the largest market share due to presence of many software companies in this region. After North America, Europe and Asia Pacific are expected to contribute considerable market share due to large scale growth of IT companies in these regions.

Rise in Adoption of Connectivity Technologies Set to Drive the Market

Adoption of wireless technology-enabled solutions (products) has increased rapidly in the last few years due to the advanced features offered especially in terms of portability. Virtual digital assistance technology is expanding to integrate technology beyond smartphones to other consumer devices. Further, virtual digital assistants represent the combination of natural language processing (NLP), artificial intelligence (AI), and speech recognition and are likely to have a transformative impact on consumer devices.

This market is currently at its initial stage, and small changes in these early stages can have vast influences. Changes in consumer comfort pertaining to the distribution, collection, management, and analysis of private data; progress of natural language processing (NLP) and other voice technologies; and progress in the regulatory environment can all significantly modify the market.

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Major factors responsible for the growth of the intelligent assistance embedded consumer devices market are rise in adoption of personal assistants in smart homes, growing demand for enhanced productivity and extended life of systems, and Internet of Things (IoT).

Additionally, demand for accurate, fast, and efficient systems with artificial thinking abilities to reduce human involvement is the other vital factor propelling the growth of the market. Smart Home is one of the focus areas in which wireless connectivity technologies are being integrated. These wireless connectivity technologies present some very exciting opportunities as it consumes less energy as compared to Wi-Fi.

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Aviation Warning Lights Market – Growth Opportunities, Supply, Demand Status and Future Prospects

The global aviation warning lights market was valued at US$ 721.4 Mn in 2018 and is anticipated to register a stable CAGR of 6.5% from 2019 to 2027, according to a new research report, published by Transparency Market Research (TMR) titled ‘Aviation Warning Lights Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’ Increasing demand for high-rise skyscrapers and government regulations and policies to increase adoption of obstruction lights for aircraft safety are driving the global aviation warning lights market. The market in North America is expanding at a significant CAGR of 6.6%, owing to numerous technological innovations and development of smart cities in the region.

Rising Demand for High-rise Skyscrapers to Drive Market

Economic growth, high living standards, and rapid development of smart cities are resulting in increased demand for tall buildings across the world. In order to meet this rising demand and attract buyers, players in the construction sector are building high-rise apartments, thereby differentiating their projects from others. Significant developments in the telecommunication industry and wind turbines and rising demand for high-rise skyscrapers are some of the primary factors driving the global aviation warning lights market.

High costs of raw materials, such as LEDs, are some of the factors hindering the market. Several companies are making efforts to carry out research and development activities to introduce innovations in aviation warning lights. In order to prevent risk of collision in case of aircraft flying near the structures, the demand for aviation warning lights is rapidly increasing. Aviation warning lights make structures more visible for passing aircraft. They are usually used at night, although they can be used during the daytime. These lights need to have sufficient brightness in order to be visible at miles away from the structure.

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Moreover, high-rise buildings offer technological as well as financial advantages in areas with high population density. They have become a distinctive feature of housing accommodation in virtually all densely populated urban areas worldwide. Hence, the rising demand for high-rise skyscrapers is expected to augment the utilization of aviation warning lights across the world during the forecast period.

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Matte labels Market Opportunities and Strategies to 2024

Matte labels is a perfect choice for applications that requires a durable waterproof labels, such as bath and body care products, test tubes, personalized bumper stickers, outdoor signage and water bottles. It is generally made up of different types of materials such as paper, polyester and can also be made from a wide range of adhesives. Matte labels is one of the prominent types of labels, owing to its cost- effectiveness, muted look and most importantly, because of their ability to be written on, after printing.

The subtle or muted look make it different from gloss labels, and also remains attractive to the consumers, who want their labels to have some sort of aesthetic appeal to them. The reason behind muted look of the matted labels is because matte materials absorbs more of the ink, in comparison to the gloss materials, which is a significant advantage of matte labels over gloss labels.

Furthermore, the ability to write on them after printing with a good enough quality makes them more demanding as shipping and mailing labels, household labels, food packaging labels and many more. Henceforth, preference for matte label is anticipated to continuously rise over the forecast period, thus fuelling more revenues in the global matte labels market.

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Growing demand for digital printing technology coupled with aesthetic visual graphics and robust growth of food & beverage industry are major factors, driving the growth of matte labels market. Increasing focus on sustainable packaging across ever growing presence of large retail chains, are further fuelling growth for matte labels market.

Increasing inclination towards sustainable labelling and sustainable packaging amid increasing focus by big brand owners on carbon footprint and life cycle analysis is another prominent factor fuelling the demand in the matte labels market. Along with, relatively low cost of labels and growing need for bar codes labelling has drastically changed the overall packaging and labelling industry, also affecting the global matte labels market.

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