Air Transport USM Market Analysis by Latest Trends, Growth Factors, Key Players

The report states that the global air transport USM market will exhibit a CAGR of 5.1% over the period between 2017 and 2026. Considering that the numbers hold true, the market is likely to rise to a revenue opportunity of US$7 bn by the end of 2026.

Sales of Used Serviceable Engines to Predominantly Define Future Course of Expansion for Market

Of the key varieties of USMs sold in the air transport industry, including engines, airframes, and components, the demand for engines is expected to remain higher as compared to others over the forecast period.

The report states that by the end of the report’s forecast period, nearly US$4.5 bn worth of used serviceable engines could be sold in the global market. The segment of components is also expected to witness a steady rise in demand while the segment of airframes is most likely to register a moderate expansion over the forecast period.

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From a geographical standpoint, the market in North America holds a significant share in the market and is likely to remain the most lucrative regional market over the report’s forecast period as well. The rising preference to air travel as the most convenient mode of transport in countries such as the U.S. and Canada is expected to continue to fuel the air transport USM market in North America over the forecast period. The report estimates that the North America market for air transport USM will rise to a valuation of US$2.1 bn by the end of 2026.

Rising Focus of Airlines on Trimming MRO Expenses to Help Market Pick Pace

A number of factors are expected to benefit the global air transport USM market in the next few years, including the vast rise in demand for air travel options across developed as well as developing economies. While the thriving air travel sector continues to expand at a promising pace owing to steady demand from consumers, the rising cost pressures owing to the emergence of several low-cost airlines has made it difficult for several airline companies to attain sustainable profits amid surging costs of maintenance, repairs, and operations. Thus in order to save costs in these areas as a way of tackling their brimming expenditure on MROs, air transport firms are increasingly sourcing USMs from larger airlines.

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HAZMAT Packaging Market Competitive Landscape and Forecast to 2027

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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Latex-saturated Paper Market: Global Industry Research Report and Forecast To 2027

Transparency Market Research provides key insights on the global latex-saturated paper market in its newly published report, “Latex-saturated paper market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027.” In terms of value, the global latex-saturated paper market is projected to clock a CAGR of 4.3% during 2019-2027. This is due to several factors about which, TMR provides key insights and forecast.

Key Factors Influencing the Latex-saturated Paper Market

Latex-saturated paper is widely used for promotional purposes across the globe. High durability and printable nature of latex-saturated paper enables it to be used for any promotional application. The high preference for latex-saturated paper is more prominent in trade shows and fairs where banner stands and table-top displays play a key role in consumer engagement. In today’s context, having graphics media with varying finishes, compositions, and printer capabilities is pivotal to the success of any trade show in its ability to appeal to visitors. Therefore, latex-saturated paper is one of the highly preferred solutions for brands requiring sing and banner supplies.

• There are some associated factors which can potentially hamper the growth of the latex-saturated paper market. These include the usage of alternative products such as plastic signages or digital displays. According to a survey conducted by Transparency Market Research which involved over 50 retail brands and well over 200 consumers, more than 60% of the brands accepted registering increased sales from the adoption of digital signages and promotional media.

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• Moreover, out of all the consumers surveyed, more than 80% believed that digital media was better able to create brand awareness. This could potentially cause hampered growth rates for the global latex-saturated paper market. In terms of quantity of information, digital signages are better able to spread more information per signage, which can also be seamlessly updated with a few clicks, unlike those using latex-saturated paper.
• Furthermore, latex-saturated paper is used instead of copier and office paper. Due to higher cost of latex-saturated paper, copier papers ends up being used in most workplaces.

Target Regions to Capture Latex-saturated Paper Market Growth

The Asia Pacific latex-saturated paper market is expected to represent significant revenue growth opportunity during the next eight years. Growth in packaging applications is expected to be a significant contributor to increase revenues in the Asia-Pacific latex-saturated paper market during the forecast period. Although the growth of digitalization in developing countries is in double-digits, an increase in the number of brick-and-mortar stores means more scope for the use of latex-saturated paper in posters and signages, as brands explore new ways to engage the well-informed modern consumer.

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Technology Landscape, Trends and Opportunities in the Pre-made Pouch Packaging Machines Market interpreted by a new report

Transparency Market Research provides key insights on the pre-made pouch packaging machines market, in the report titled, 'Global Pre-made Pouch Packaging Machines Market: Industry Analysis and Opportunity Assessment, 2019–2027'. In terms of value, the global pre-made pouch packaging machines market is estimated to register a CAGR of around 5% during 2019-2027, owing to various factors. In this report, TMR delivers detailed insights.

The global pre-made pouch packaging machines market is segmented into five geographies, namely North America, Latina America, Europe, Asia Pacific and MEA (Middle East & Africa).

The manufacturing sector in North America is highly concentrated or organized as compared to other geographies. This has resulted into much higher preference for automatic pre-made pouch packaging machines over semi-automatic pre-made pouch packaging machines. Moreover, more than 40,000 food and beverage processing facilities in U.S. with majority of them witnessing rise in annual revenue over the last five years has represented a high potential market for the pre-made pouch packaging machines.

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U.S. holds the most prominent impact on the North America market as the country is estimated to account for around 90% of the North America pre-made pouch packaging machines market in 2019. The demand for stand-up pouches has witnessed rapid growth across the globe, including North America. As majority of the stand-up pouches are pre-made pouches, the demand for pre-made pouch packaging machines is expected to rise exponentially during the forecast period.

The fabrication of pre-made pouch packaging machines in European countries is ominously high, while the manufacturing sector of Europe has shown slow growth over the last few years. This has laden the demand for pre-made pouch packaging machines in the region. Germany is one of the leading market in the Europe pre-made pouch packaging machines market, while Russia is projected to witness relatively higher growth in pre-made pouch packaging machines demand during the forecast period, on the backdrop of growth of food and beverage industry in the region.

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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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