Trending Insights of Reusable Water Bottles Market 2019-2027

The demand within the global reusable water bottles market is treading along an upward trajectory in recent times. The need for fostering sustainable practices across leading industries has brought reusable water bottles under the spotlight of attention. Moreover, the energy sector has made emphatic claims about the need for using recyclable, reusable, and environment-friendly products.

The growing concerns of the energy sector about a potential environmental crisis has led them to take bold steps towards sustainability. International bodies for managing climate change and environmental damage have sent clarion calls for a change in lifestyles. All of the aforementioned factors have driven sales across the global reusable water bottles market.

Transparency Market Research (TMR), in its report, predicts that the global reusable water bottles market would expand at a steady CAGR of 4% over the period of 2019 and 2027. The steady rate of growth can be pegged to the inability of several industries to boycott the use of plastic products.

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The total value of the global reusable water bottles market is expected to touch US$ 1.1 Bn by the end of the forecast period. Growing demand for reusable water bottles in the sports sector has helped in driving sales across the market. Besides, stipulation of strict environmental policies across several countries has also aided market growth.

Use of plastic bottles is gradually running out of practice across several territories. There is growing relevance of reusable bottles and containers, especially across the residential and commercial sector. Besides, international bodies have initiated awareness campaigns about the ills of using plastic bottles. Therefore, the global reusable water bottles market has gained momentum over the past few years. The large brigade of environment activists has propagated green standards across multiple industries. This factor shall help manufacturers of reusable water bottles in increasing their profit margins in the times to follow.

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Vast Evolution in Global Droppers Market 2027

Transparency Market Research delivers key insights on the droppers market, in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for the period of 2019–2027. In terms of revenue, the global droppers market is projected to expand at a CAGR of ~ 4% during the forecast period, owing to numerous factors, about which, TMR offers thorough insights and forecast in this report.

Droppers Market - An Overview

Droppers are used for accurately dispensing drops from bottles. In the scope of research, only those droppers are considered that are available with bottles, and we have excluded those droppers that are made from plastic and are attached to bottles. Glass and plastic pipettes are also excluded from the market scope. Shift in the demand for composite materials is expected to benefit the growth of the global droppers market. Among the end uses, the pharmaceuticals segment is anticipated to remain prominent in the global droppers market.

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Asia Pacific to Witness Lucrative Opportunities for Manufacturers of Droppers

Asia Pacific, in terms of pharmaceutical packaging, holds ~30% of the global market share, and is estimated to maintain its dominance over the forecast period. India & China are the most attractive markets for extensive growth of the droppers market. Markets in China and India collectively accounted for ~ 50% of the Asia Pacific droppers market in 2018. Low dispersion of healthcare amenities and poor infrastructure in these economies have attracted investments aimed at improving the infrastructure.

Owing to such types of opportunities, the Chinese government comprehensively invested in the construction of hospitals, medical facilities, etc. Likewise, India has made some developments by upgrading its existing hospitals and building of new ones, with advanced medical facilities. All these factors are expected to boost the growth of the droppers market in Asia Pacific. Dropper manufacturers are looking for extensive opportunities from emerging economies in the Asia Pacific region.

Europe still dominates the global droppers market, while North America is expected to have a decent share of ~20% by the end of the forecast period. The U.S. represents ~90% of the droppers market in North America, while Canada is estimated to expand at an impressive CAGR of ~5.0% during the forecast period.

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Retort Packaging Market Comprehensive Study Explored In New Research With Key Players

In the age where people have lost time to eat due to busy schedules, the demand for processed food has sky-rocketed. This is simply because processed food are easily available, they last longer, and do not require time to cook. Some of them are instantly available for eating as well. Hence, the demand for processed food is growing by the day. While companies manufacturing processed food are happy about this trend, those who produce packaging material for processed food are also riding high. Transparency Market Research has recently published a report on the global retort packaging market. Further, the report states that the global retort packaging market will grow at 5% CAGR during the forecast period from 2019-2027.

Retort Pouches to Lead the Way

According to the report, retort pouches alone account for 53% sales in the global retort packaging market. This is a prominent trend for players as they will have to devise strategies to capitalize on the products in this segment. Retort pouches find more usage as they have several advantages.

They are easy to manufacture and come for a lesser cost when compared to other products in the global retort packaging market. Further, consumers are able to print easily on them and hence the possibility of promotions and branding is easier with retort pouches. At the end of the day, the cost of marketing and branding is also lesser with retort pouches. Hence, the demand for products in this segment of the global retort packaging market is expected to remain high in the coming years.

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Besides this, the possibility of innovation is also higher with retort pouches as they are flexible and malleable. Hence, manufacturers in the global retort packaging market find it easy to produce new products and lure consumers. At the same time, consumers are also keen only having their own idea incorporated in the packaging of their products. Hence, the possibility of customizing demands from consumers is easy with retort pouches. This trend will also influence growth on the global retort packaging market in the coming years.

Plastic is Still the Go-to Material

While there are enough measures taken to stop use of plastic due to the harmful environmental impacts the material has, it remains the go-to material in the global retort packaging market. This is because it comes at a lower price and offer flexibility in creating different products. As a result, it has a direct impact on the consumer too. This trend is expected to support growth in the global retort packaging market.

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Medication Dispensing & Packaging Systems Market Trends, Opportunities and Forecast to 2027

Transparency Market Research delivers key insights on the medication dispensing & packaging systems market in its published report, which includes global industry analysis, size, share, growth, trends, and forecasts for 2019–2027. In terms of revenue, the global medication dispensing & packaging systems market is estimated to expand at a CAGR of ~7% during the forecast period, owing to various factors, about which, TMR offers thorough insights and forecasts in this report.Medication Dispensing & Packaging Systems Market: Overview

Medication dispensing & packaging systems are key pharmacy innovations developed by market players to tackle several issues related to the skilled workforce and medication errors. The medication dispensing & packaging systems market is highly concentrated in the North America region, and is expected to show rapid growth in the Asia Pacific region.

Efforts of key players to reduce initial set-up costs, training of pharmacists to adopt various technologies, and partnering with new suppliers are anticipated to push the demand for medication dispensing & packaging systems in developing countries. Manufacturers are engaging in the development of high-end systems with maximum packaging speed and canister capacity. The fixation of hospital pharmacies of achieving efficient and accurate solutions is expected to be the key driver for the growth of the medication dispensing & packaging systems market.

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North America to Remain Prominent Medication Dispensing & Packaging Systems Market

The pharmacy automation industry is expanding rapidly due to the high focus of healthcare automation companies on product development. North America is estimated to be a significant market for medication dispensing & packaging systems, as a result of the high demand from well-established hospitals and retail pharmacies. The shrinking number of skilled personnel in pharmacy & medication adherence is creating the requirement of automation in pharmacies.

By value, around half of the revenue in 2019 is estimated to come from the North American market. Europe is expected to be the second-largest market for medication dispensing & packaging systems, owing to initiatives taken by governments and hospitals to opt for automation. Germany, France, the United Kingdom, and Italy are estimated to hold half of the medication dispensing & packaging systems market in Europe, in 2019.

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Automotive Crankshaft Market: Key Opportunity, Application and Forecast to 2021

Transparency Market Research (TMR) has recently published a market study on the global automotive crankshaft market, estimating the market to expand at a CAGR of 2.10% during the period from 2015 to 2021 and reach a market value of US$3 bn by the end of the forecast period.The research report, titled “Automotive Crankshaft Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, states that worldwide automotive crankshaft market stood at US$2.5 bn in 2014.

The expansion of the worldwide automotive crankshaft market depends on the dynamics of the global automotive industry. Currently, the automotive industry is reporting an immense growth in the global arena, which is subsequently driving the global automotive crankshaft market. The huge capital required for R&D activities for the further advancement of crankshaft is, however, creating a severe challenge for the market, as per the report.The report analyzes the global automotive crankshaft market on the basis of the types of crankshafts, materials utilized, and the types of vehicles.

Based on types, the global automotive crankshaft market is classified into the markets for flat plane crankshaft and cross plane crankshaft. The flat plane crankshaft market is leading the overall market at present. Forged steel and cast iron are the primary materials utilized to make automotive crankshaft.The markets for light commercial vehicles, heavy commercial vehicle, sports utility vehicles (SUV), multi utility vehicles (MUV), passenger vehicles, and other vehicles are the major segments of the worldwide automotive crankshaft market on the basis of vehicle types. Among these, the market for passenger vehicles is likely to register the highest growth over the forecast period.

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The increasing disposable income among middle-class consumers has led to increasing preference for passenger vehicles, thereby fuelling the demand for automotive crankshaft to a great extent. In addition to this, the global market for automotive crankshaft is projected to experience a significant demand during the forecast period, owing to the escalating demand for diesel cars and heavy commercial vehicles across the globe, the report states.

North America, Asia Pacific, Europe, and the Rest of the World are the primary regional markets for automotive crankshaft. According to the report, the automotive crankshaft market in Europe led the global market in 2014 and was closely followed by the market in North America. High disposable income has raised the purchasing power of consumer in these regions, which has triggered the demand for automobiles and eventually, the demand for automotive crankshaft significantly.

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Commercial Vehicle Run-flat Tire Inserts Market: Regional Outlook, Competitive Strategies and Forecasts to 2025

Some prominent participants in the global commercial vehicle run-flat tire inserts market include Hutchinson Industries Inc., RunFlat International, TAC Run Flat Tire Systems, Bulldog Direct Protective Systems Inc., Briscoe Technologies Lasco International Group, Mas Makin Metal Ltd., Terra Track, and RunFlat CBR.

As per estimates by Transparency Market Research, the global commercial vehicle run-flat tire inserts market is expected to expand at a CAGR of 2.1% between 2017 and 2025. Progressing at this pace, the market which stood at US$308.1 mn in 2016 is predicted to be worth US$372.0 mn by 2025.

Military and Defense Application Segment to Remain Dominant through 2025

The global commercial vehicle run-flat tire inserts market has been studied on the basis of type, application, and geography in this report. By type, 20 inch holds dominance in the commercial vehicle run-flat tire inserts market as it has wide application area that is suitable for the majority of defense and military vehicles.

The key application segments of the commercial vehicle run-flat tire inserts market include transportation and logistics, military and defense, agricultural, manufacturing, construction, and others. Military and defense application stood as the leading application segment in 2016, and the segment is predicted to hold on to its dominant position over the forecast period.

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North America is the leading regional market for commercial vehicle run-flat tire inserts due to their higher adoption in several application areas, among which military and defense is the key one. Asia Pacific is expected to display the leading CAGR of 2.7% between 2017 and 2025.

Need for Added Safety of Military and Border Patrol Vehicles Boosts Adoption

At the forefront of driving the global commercial vehicle run-flat tire inserts market is the increasing demand for run-flat tire inserts from military and security units for emergency situations. Advancements in military and security units and increasing budgets of governments across the world for military security is displaying the demand for run-flat tire inserts for enhanced vehicular safety in the event of an adverse and emergency condition. Furthermore, increased threat of terrorism has compelled original equipment manufacturers (OEMs) to equip vehicles with run-flat tire insert systems, especially for the ones that are designed for critical applications.

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Freight Trucking Market Technological Innovations and Future Opportunities 2027

According to the report, the global freight trucking market is projected to reach ~US$ 6 Bn by 2027, expanding at a CAGR of ~5% during the forecast period. The growth of the freight trucking market can be attributed to increase in transport trade globally. In developing and major emerging economies, transportation of products and goods by means of roadways plays an integral role. Moreover, this mode of transport is cost-effective for door-to-door service owing to improved road infrastructure. This is anticipated to propel the freight trucking market during the forecast period.

Expansion of Freight Trucking Market

Surge in trade volume owing to rising bilateral trade among the countries is projected to boost the freight trucking market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% percent Year-on-Year.

Increasing industrialization and preference toward e-tailing is estimated to boost the freight trucking market. Online shopping is witnessing significant expansion owing to an increase in speedy internet access, which has led to a rise in preference toward e-tailing among consumers. Furthermore, convenience of shopping from home is projected to boot the e-commerce and drive the freight trucking market during the forecast period.

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Freight trucks are bigger, heavier, and bulkier vehicles, which makes road freight transportation comparatively slower and hence, hampers the freight trucking market. Additionally, massive backlog in proper maintenance is also a major factor that is likely to hinder the freight trucking market during the forecast period. Furthermore, toll roads or booths leads to massive loss of time, which results in slow transportation of freight.

Key Segments of Freight Trucking Market

Based on type, the freight trucking market has been segmented into truck trailer, lorry tank, flatbed truck, refrigerated truck, and others. Lorry tank and truck trailer are likely to be highly lucrative segments during the forecast period. This is primarily due to rise in trade volume from one region to another. The refrigerated truck segment is estimated to expand at a rapid pace during the forecast period, due to rising export and import of perishable goods across the globe.

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