Friday, 3 April 2020

Inspection Drones Market Strategy and COVID-19 Impact Analysis

  • Drone technology has been used by defense organizations and tech-savvy consumers for quite some time. However, in the last couple of years, the growing need for remotely-operated inspection equipment has propelled the demand for inspection drones.
  • Across the globe, inspection drones have been widely used in several applications such as security management, forest fire monitoring, traffic monitoring, oil & gas pipeline monitoring, solar panel, power line and windmill inspection, critical infrastructure inspection, and railways, roadways, and bridge inspection. Major growth drivers for the providers of different types of commercial drone services include the adoption of advanced inspection drones equipped with thermal cameras and GPS systems.
  • Among the end-use industries, the military & defense segment holds a major share of the global inspection drones market. Moreover, the rising need for modernization and expansion of the oil & gas sector and growing requirement for remotely-operated devices are projected to propel the global market for inspection drones in the next few years.
Global Inspection Drones Market: Regional Overview
  • North America is expected to hold the maximum share of the global inspection drones market during the forecast period, due to the early adoption of inspection drones in the region. South America and the Middle East & Africa hold a minor market share each. However, these regions are projected to provide lucrative opportunities to the inspection drones market during the forecast period.
  • On the other hand, developing countries in Asia Pacific that are undergoing modernization and adopting advanced aerial inspection devices with new technology, are also witnessing increase in the demand for inspection drones. This, in turn, is driving the global inspection drones market.

Commercial Satellite Imaging Market Scope and Forecast 2020

These players are likely to remain dominant in the global commercial satellite imaging market in the next few years. They are expected to focus on establishing strong distribution channels across various industries in the near future in order to strengthen their position in the global market, notes the research study.
According to the research report, the overall opportunity in the global commercial satellite imaging market stood at US$ 3.82 Bn in 2018. The global commercial satellite imaging market is anticipated to expand at a CAGR of 11.61% and reach US$10.23 bn by the end of the forecast period. Energy, geospatial technology, natural resources management, construction & development, disaster response management, defense and intelligence, conservation and research, and media and entertainment sectors have surfaced as the key application areas for commercial satellite imaging solutions across the world, states the research report.
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North America to Continue to Dominate Global Commercial Satellite Imaging Market
Asia Pacific, North America, Middle East & Africa, Europe, and Latin America have emerged as the major regions of the global commercial satellite imaging market. North America leads the global commercial satellite imaging market. This trend is estimated to continue in the near future. The commercial satellite imaging market in Asia Pacific is also anticipated to expand at a steady pace in the next few years, states the research study.
Technological Advancements to Boost Global Commercial Satellite Imaging Market
“Of late, the global commercial satellite imaging market has been observing tremendous growth,” says a TMR analyst. The emergence of a number of technologies and applications, such as Google Earth, is supporting the growth of the global commercial satellite imaging market. Constant advancements in technologies is also boosting the global commercial satellite imaging market.
On the flip side, the need for high capital investments in research activities for the advancement of commercial satellite imaging production techniques may act as a restrain to the growth of the global commercial satellite imaging market in the near future. Nonetheless, the presence of untapped opportunities in emerging economies is expected to normalize the impact of these deterrents over the next few years, states the research report.

Inflatable Packaging Market Huge Growth Opportunity between 2020-2025

The global inflatable packaging market is highly competitive in nature and is extremely fragmented, owing to the presence of a large number of players operating in it across the globe, states a new market intelligence study by Transparency Market Research.
The key players operating in the inflatable packaging market are A E Sutton Ltd., Uniqbag LP, Aeris Protective Packaging Inc., Airpack, and Easypack Ltd. Some of the other key players in the market are Storopack Hans Reichenecker GmbH, Pregis Corp., Smurfit Kappa Group, Macfarlane Group plc, Sealed Air Corp., FROMM Packaging Systems Inc., Green Light Packaging Ltd., Omniverse Foster Packaging Group, Automated Packaging Systems Inc., Inflatable Packaging Inc., Polyair Inter Pack Inc., Advanced Protective Packaging Ltd., and Free-Flow Packaging International Inc. The rising number of mergers and acquisitions and the growing focus on development of new business strategies are projected to enhance the overall growth of the market in the next few years.
According to the market research study by Transparency Market Research, the global market for inflatable packaging is likely to witness promising growth in the next few years. In 2016, the global market for inflatable packaging was worth US$1.9 bn and is projected to reach a value of US$3.1 bn by the end of 2025. The market is estimated to register a healthy 6.0% CAGR between 2017 and 2025.
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North America to Register High Growth and Lead Global Market
The global market for inflatable packaging has been categorized on the basis of geography into Asia Pacific, the Middle East and Africa, Europe, Latin America, and North America. In the last few years, North America led the global market and is likely to continue with the same position throughout the forecast period. Europe is predicted to stand on the second position in terms of market share. According to the research study, this region is predicted to register a steady 4.0% CAGR between 2017 and 2025. Furthermore, Asia Pacific is likely to display a promising growth rate in the next few years, owing to the growth prospects in several emerging nations.
On the basis of packaging type, the bubble wrap segment is estimated to witness high growth throughout the forecast period. This segment is projected to account for more than two third of the overall market in the coming few years.
The rising demand for packaging of champagne, wines, and spirits is further predicted to encourage the growth of the inflated packaging bags in the next few years. In terms of end use, the e-commerce segment holds promising growth opportunities for the market players in the next few years. Furthermore, the shipping and logistics is likely to register a healthy growth in the near future.
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Cost-effective Products Offered by Inflatable Packaging Solutions to Encourage Market Growth
The growing demand for protective packaging solutions is one of the major factors anticipated to encourage the growth of the global inflatable packaging market in the next few years. The inflatable packaging products are highly effective in terms of stabilizing and security during transportation, which is likely to accelerate the growth of the overall market in the coming few years.
In addition to this, the low cost of these products is considered as one of the other key factors predicted to enhance the growth of the overall market in the next few years. Furthermore, the rising awareness among people regarding the eco-friendly characteristics of inflatable packaging products is likely to generate promising growth opportunities for the market players throughout the forecast period.

Freezer Bags Market Trends, Growth & Forecast with Companies

According to the latest market report published by Transparency Market Research, titled “Freezer Bags Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026,” HDPE (High-density polyethylene) freezer bags segment is expected to be the largest contributor to the global freezer bags market over the forecast period, 2018-2026. The revenue generated from global sales of freezer bags has been estimated to be around US$ 3,789.5 Mn in 2018, and is projected to increase at a CAGR of 3.8% during the forecast period 2018-2026.
Burgeoning urban population and changing consumer lifestyle has propelled the market for freezer bags. Moreover, growing demand for freezer bags has also been recognised by various freezer bag manufacturing firms across the globe. Manufacturers of freezer bags are focusing on expanding their production capacity either by adding machinery to the manufacturing facility or by acquiring the emerging small and regional freezer bags companies.
The trend among freezer bags manufacturing firms to expand their production capacity to meet the increasing demand of freezer bags has fuelled the freezer bags market. In addition to that, the growth in retail stores around the world is expected to further propel the market growth. Moreover, attractive and functional packaging of freezer bags, especially for food sector has also driven the market in addition to the superior barrier traits such freezer bags exhibit.
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However, due to rapid expansion in the production capacity of freezer bags around the globe, the problem of over capacity is also rising. Moreover, increasingly strict regulations against plastic use have also been hindering the market growth to a great extent. However, poor penetration of freezer bags in emerging economies of Asia Pacifica and Middle East & Africa region has slowed down the growth of the global freezer bags market.
Although, the key global players of freezer bags market have made the market highly competitive for the smaller and emerging players to sustain in the market, the private label brands of freezer bags are also experiencing considerable growth.
Progressing market for nationwide retail chains has created ample opportunities for the freezer bags market players. In terms of opportunity created by the geographical regions, North America’s freezer bags market is expected to create a slew of opportunities during the forecast period, owing to escalating demand for freezer bags from the food sector in this region.
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The market volume for global freezer bags is expected to expand 1.4X over the forecast period 2018-2026.
Some of the major players operating in the global freezer bags market include S. C. Johnson & Son, Inc., International Plastics, Inc., Reynolds Consumer Products LLC, Weston Brands LLC, Star Poly Bag, Inc., The Glad Products Company, Rutan Poly Industries, Inc., Inteplast Group, US Poly Pack, Elevate Packaging, Inc., Uline, Inc., Abbey Polythene Ltd., Universal Plastic Bag Manufacturing Co., Falcon Pack Industry LLC, Maxpak Australasia Pty. Ltd., Polybags Limited, WeiFang ChangLe Shuguang Industry Co., Ltd., Xiamen Huli Fengyi Industry Co.,Ltd., Great American Packaging, Inc. and Convex Innovative Packaging.

Pallet Displays Market Growth Opportunities in Global Industry By 2026

The global pallet displays market a highly competitive vendor landscape, thanks to the presence of a large pool of players, states a new report by Transparency Market Research (TMR). Sonoco Products Co., DS Smith Plc, Georgia-Pacific LLC, Smurfit Kappa Group Plc, WestRock Co., U.S. Corrugated Inc., FFR Merchandising Co., Marketing Alliance Group, Pratt Industries Inc., Creative Displays Now, Mirada Medical Ltd., Siemens Healthineers, Sciencesoft USA Corp., Toshiba Medical Systems Corp. and Xinapse Systems Ltd. are some of the key participants in this market. These players are completely focused towards enhancing their product quality and developing innovative designs, which is likely to intensify the competition within this market over the forthcoming years, states the research report.
According to the research report, the global market for pallet displays is expected to register a CAGR of 4.30% over the period from 2017 and 2026 and reach a value of US$1.60 bn by the end of the period of the forecast. In terms of the material type, corrugated board based pallet displays are leading the global market and are anticipated to remain doing so in the years to come, notes the market study.
North America to be the Leader
The report also provide a geographical analysis of the worldwide market for pallet displays, which it carry out on the basis of the performance of the markets for pallet displays in North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Rising at a CAGR of 4.30% between 2017 and 2026, the North America market is anticipated to be on the top of the game over the forthcoming years.
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However, the rising number of pallet display users, striving to become more competitive on a global level is anticipated to create growth opportunities other regional markets. The increasing proliferation of supermarkets and hypermarkets in emerging economies of Asia Pacific, Latin America, and the Middle East and Africa is likely to support these regional markets for pallet displays to register steady growth in the near future, states the research report.
Increasing Number of Malls and Supermarkets to Support Growth
“Pallet displays aid efficiently in the marketing of products, grabbing consumers’ attention and making it convenient for them to pick the products of their choices. This, in turn, is reflecting greatly on the demand for pallet displays, resulting in a significant growth of the global market,” says a TMR analyst.
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The rise in retail outlets, such as malls and supermarkets is directly influencing the number of pallet displays, as, the intense competition among enterprises, especially operating in consumer products, encourages them to market their products at every possible spot, with malls and supermarkets being the most profitable places. The economic rise in emerging economies is also expected to boost the growth of the global pallet displays market in the coming years, reports the research study.

Pizza Box Market - Know Latest Trends & Forecast for Long-Term Business Planning Up to 2025

According to a recent report by Transparency Market Research the competitive scene seems to be intensely fragmented in the global pizza box market. Key players are anticipated to center around the packaging solutions to increase market share. In any case, emergence of local firms owing to negligible obstructions is anticipated to heighten the market competition. Some of the leading key players in the global pizza box market are WestRock Company, International Paper Company, Georgia Pacific LLC, and DS Smith Plc. In the coming years, organizations are probably going to indulge into creating renewable packaging solutions as governments over the globe are stressing on decreasing carbon emission.
The global pizza box market was estimated to be of worth US$2,223.0 mn back in 2016. During forecast periods from 2017 to 2025, the global market is evaluated to project a CAGR of 4.6%.
The 10-15 inch medium size box is dominating the entire pizza box market with share of around half of the global market, however, the pizza slice boxes come out to be the rapidly developing segment. Regionally, Europe and North America nations are estimated to lead the global pizza box market, before 2025, as far as both volume and value are concerned. The North America pizza box market is assessed to surge at a CAGR of 3.6% during the forecast period owing to the expanding consumption of pizza in the region and rise in disposable income.
Changing Lifestyle to Fuel Demand in Global Market
The global pizza box is principally being driven by the changing ways of life that are being managed by consumption of packaged food and fat food. Developing number of individuals for pizzas have been at the specific focus of surging demand for pizza boxes. The market is as well supported by the mushrooming pizza joints all over the world.
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The increasing number of independent pizza outlets and pizza-joint chains have additionally stirred the development of the global market. Besides, the accommodation of various packaging sizes has additionally set off a demand for pizza boxes in different sizes. Throughout the years, the size, shape, look, and the aesthetic of a pizza box have secured a vital part in giving the positive direction of the global market.
Inclination Towards Health Eating to Hamper Market
In any case, the market for pizza boxes faces a couple of hindrances. The developing acknowledgment among purchasers about living and eating healthy food is likely to negatively affect the general market. The especially notable expense of the manufacturing folded pizza boxes is likewise anticipated that would be one of the drawbacks for the entire market. In spite of the limitations, the market will have a plenty of chances as the world will keep seeing more youthful ages slanted towards eating junk food. Emergence of well-known pizza brands in developing nations in the world will likewise bring about increased demand for pizza boxes.

Personalized Packaging Market - Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2025

According to the latest market report published by Transparency Market Research titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury packaging. The increasing customization in packaging across the nations has given a major boost to the personalized packaging market.
Based on material type, the global personalized packaging market has been segmented into glass, paper & paperboard, plastic, and metal. The paper & paperboard segment is further clqassified as corrugated, carton board, and paper; the plastic segment is segmented ahead into HDPE, LDPE, LLDPE, PP, PET, and others. By packaging type, global personalized packaging market is segmented into bottles, containers & jars, bags & pouches, cartons, envelopes, and boxes.
By end use, only beverages and food segment are considered, beverages segment is further segmented into alcoholic and non-alcoholic beverages, food segment is segmented into baby food, sauces & dressings & condiments, dairy products, bakery & confectionery, and others sub-segments. Alcoholic beverages are further categorized into beer, wine and spirits, non-alcoholic beverages are categorized into soda, juice, milk and bottled water.
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Among packaging types, the bottles segment is expected to dominate the market during the forecast period, with an estimated market value share of 24.0%, in 2017. However, bags & pouches segment is expected to be the most attractive segment in terms of growth rate during the forecast period. Among end-use segments, beverages segment is expected to dominate the market throughout the forecast period. Increasing customization in beer glass bottles is expected to boost the growth in the personalized packaging market.
Among geographic market segments, the APAC region is anticipated to lead the global personalized packaging market, during the forecast period. The market for personalized packaging in APAC is projected to register the highest CAGR of 7.0%, during the forecast period, in term of value.
The key players that have been profiled in Transparency Market Research’s global customized packaging market report include Owens Illinois Inc., Salazar Packaging, Inc., Design Packaging, Inc., PrimeLine Packaging, International Packaging Inc., Elegant Packaging, Pak Factory Inc., ABOX Packaging, ACG Ecopak, CB Group, SoOPAK Company, Huhtamaki Oyj, The Mondi Group plc., Smurfit Kappa Group, Glenroy Inc. and ProAmpac LLC.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...