Foam Protective Packaging Market Foraying into Emerging Economies 2019-2026

Protective packaging has gained importance for its role in eliminating the incidences of physical damages to packaged goods during shipping process. Foam materials are being widely used for offering high-level protection to the packaged goods. Foam protective packaging solutions are being developed to meet the diverse packaging needs for a range of products. Companies providing foam protective packaging solutions are focused upon fabricating their products according to the container dimensions and package sizes. Moreover, several players in the global foam protective packaging market are offering prototypes and incorporating advanced design engineering technologies to facilitate utmost levels of corner protection, shock absorption, and edge protection.

Plastifoam Company, Sonoco Products Company, Sealed Air Corporation, Pregis Corporation, Volk Packaging Corporation, DRB Packaging, Rogers Foam Corporation, Wisconsin Foam Products, Armstrong Brands, Inc., and Tucson Container Corporation are observed as global leaders in offering foam protective packaging to multiple industries.

Transparency Market Research’s recently published forecast study observes that these companies will play a key role in instrumenting the growth of the global foam protective packaging market. However, the report estimates that during the forecast period, 2017-2026, the global foam protective packaging market will expand at a sluggish CAGR of 3.2%, bringing in just over US$ 5.3 Bn in global revenues by the end of 2026. The report has addressed the key factors restraining the growth of the global foam protective packaging market.

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Key Restraints for Adoption of Foam Protective Packaging

While the players in the global foam protective packaging market will be compelled to divest their capital in offering prototype sampling, part production and custom fabrication, there are several key restraints beyond their control that may curb their business growth to considerable extent.

• The use of foam materials in packaging is gradually witnessing a growing ban across several parts of the world. Ban of foam materials will ultimately cause complexities in raw material procurement for foam protective packaging companies.
• Environmental protection agencies are coercing market players to consider recycling and reusing of foam protective packaging products. This has spiked the operating costs of companies and lowered the profit margins.
• Catering to the diverse specifications of product packaging is a resolvable challenge, yet, entails a considerable expenditure on recalibration of production machineries and replacement of traditional protective packaging methods.

Key Insights from The Report

The report has estimated that the demand for foam protective packaging products made of urethane materials will be the highest. By the end of 2026, urethane-based foam protective packaging products will bring in revenues worth over US$ 2 Bn. Neoprene foam materials will register fastest sales and reflect a CAGR of 4.6% over the forecast period. The report further reveals that the end-use of foam protective packaging products will be the largest in the e-commerce industry.

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Electronics and appliances, pharmaceutical and medical devices, and consumer product manufacturing are expected to represent leading end-user industry in the global foam protective packaging market. The report also reveals that in 2017, void fill and cushioning applications of foam protective packaging products will collectively bring in around US$ 2.2 Bn in terms of global revenues. The most lucrative marketplace for foam protective packaging is observed to the Asia-Pacific excluding Japan (APEJ) region. Manufacturing hubs like China, South Korea and India will factor the adoption of foam protective packaging in the APEJ region. By the end of 2026, the APEJ foam protective packaging market will have reach a valuation of US$ 2 Bn, accounting for more than one-third share of global market value.

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Airport Stands Equipment Market: Information, Figures and Analytical Insights 2026

Airport stands equipment are used as predetermined stands on the aircraft ramp during the arrival, and departure of flights to ensure efficient operation of fights, provide comfort for passengers and airport staffs, adequate safety, and ensure smooth functioning of all operations related to aircrafts. Besides this, quality airport stand equipment ensure free, and efficient operation.

Drivers and Restraints

The major factors contributing towards the growth of the airport stands equipment market includes technological advancements, increasing demand in commercial aviation applications and extensive safety norms to perform intricate operations with reduced risks, cost associated with the use of stand equipment, and least human intervention.

Furthermore, the growth of the global airport stands equipment market is anticipated to be driven by increasing demand for upcoming airports, ground support equipment such as preconditioned air unit, stand entry guidance system, and electrical ground power unit. With advancements in technology, the rate of air traffic, and airport upgradation has increased significantly, which is expected to fuel the growth of the global airport stands equipment market.

The high growth potential in emerging markets, and increase in demand for product refurbishing market, is anticipated to offer significant opportunities to market players associated with the airport stands equipment market. Moreover, growth in international tourism has led to an expansion of existing airports, and construction of new airports, which is expected to stimulate the growth of the airport stands equipment market during the forecast period. However, there are some key challenges, which are expected to impede the growth of airport stands equipment market on a smaller scale, which mainly includes optimum utilization of resources, and rising operation expenditure.

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Rising demand for brownfield airport projects and growing various number of energy-efficient projects are some of the key trend in the airport stands equipment market.

Airport Stands Equipment Market: Key Segments

The global airport stands equipment market can be segmented on the basis of equipment, and geography. Based on equipment, the global Airport stands equipment market can be bifurcated into preconditioned air units, passenger boarding, electrical ground power unit, stand entry guidance system, and air bridge. Furthermore, the preconditioned air units can be divided into movable preconditioned unit, and fixed air conditioned unit.

The electrical ground power unit has been further categorized into movable ground power unit, and fixed electrical ground power unit. The air bridges are further segmented into glass walled air bridge, and steel walled air bridges. Based on geography, the global Airport stands equipment market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Airport Stands Equipment Market: Preliminary Analysis:

Preconditioned Air Units segment is expected to show lucrative growth during forecast period owing to the significant increase in air traffic across the globe. Among the geographies, North America is anticipated to dominate the global market with largest market share owing to renovation of old airports.

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Moreover, Asia Pacific is anticipated to dominate the global airport stands equipment market in terms of growth rate during the forecast period. India and China are estimated to be the major contributors towards the growth of airport stands equipment market in Asia Pacific, and are anticipated to register highest growth during the forecast period owing to increasing number of airports, and increase in passenger traffic.

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Automotive Electric Power Steering Market: Global Trends, Analysis and Forecast 2027

Transparency Market Research has published a new report on the global automotive electric power steering market for the forecast period of 2019–2027. According to the report, the global automotive electric power steering market is projected to reach ~US$ 33.8 Bn by 2027, expanding at a CAGR of ~5% during the forecast period.

Global Automotive Electric Power Steering Market: Key Findings

• According to the report, the global automotive electric power steering market is likely to be driven by the demand for efficient power steering systems.
• EPS with ADAS is a prominent segment of the automotive electric power steering market.
• Rise in the adoption of electric vehicles is expected to be a major driver of the automotive electric power steering market.
• Key manufacturers such as JTEKT Corporation and DENSO CORPORATION are likely to play a major role in propelling the global automotive electric power steering market with continuous development of technology.

Expansion of Global Automotive Electric Power Steering Market

• Global shift toward efficient and low-emission vehicles is expected to drive the adoption of EPS.
• Rising consumer demand for higher fuel economy and better ride quality of vehicles is expected to drive the automotive electric power steering market.

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Improved sales of premium and luxury cars in North America and Europe and increasing sales of premium cars in Asia Pacific are projected to drive the global automotive electric power steering market.

In terms of motor assist, the column assist segment is expected to expand significantly in the automotive electric power steering market during the forecast period. A column assist electric power steering integrates the motor, sensor, and controller, and assists the mechanism within the steering column. Column assist electric power steering systems are highly preferred for passenger vehicles, and this factor is attributed to the leading share held by the segment in the global electric power steering market.

Based on technology, the EPS with ADAS segment is anticipated to expand considerably in the automotive electric power steering market during the forecast period, as more number of vehicles are adopting adaptive cruise control and lane keep assist systems. Rise in consumer affordability and awareness about vehicle safety have fueled the demand for ADAS, which, in turn, is driving the automotive electric power steering market. The sales of luxury and premium vehicles are rising in countries in Asia Pacific such as China and India. The resurgence of the demand for premium vehicles in Europe and North America and increasing sales in Asia Pacific are anticipated to drive the global automotive electric power steering market.

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Regional Analysis of Global Automotive Electric Power Steering Market

• In terms of region, the global automotive electric power steering market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to lead the global automotive electric power steering market, owing to the high volume production of vehicles in India and China. Asia Pacific is followed by Europe and North America, owing to the high demand for vehicles in these regions.

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Automotive Test Equipment Market Trends and Developments 2025

Automotive test equipment is primarily used to execute quality control tests in order to ensure effective vehicle performance. Automotive test equipment are utilized to test the impact on handbrake tension, interaction between fuel and lubricant, and engine oil consumption. Automotive test equipment help maintain the efficiency of the overall performance of the vehicle, and thus play a vital role in enhancing the overall life of the vehicle.

Increasing production volumes of both passenger as well as commercial vehicles are expected to drive the automotive test equipment market during the forecast period. Increasing demand for high performance vehicles that has been witnessed in recent years is anticipated to further boost the automotive test equipment market in the next few years. Increasingly stringent norms and regulations regarding improvement of fuel efficiency by reduction in vehicular emissions are being laid down by governments of various nations across the world. This is expected to boost the automotive test equipment market in the near future.

Rising public preference toward vehicles with enhanced control over stability and more riding comfort is further anticipated to fuel the automotive test equipment market during the forecast period. Efforts are in progress to develop hybrid vehicles across the world. Hybrid vehicles are the combination of diesel or petrol engines with electric motors. Increased maintenance of diesel engines is anticipated to boost the automotive test equipment market during the forecast period.

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A comparatively low maturity of the automotive test equipment market in developed economies such as North America and Europe is expected to hamper the automotive test equipment market to some extent during the forecast period.

Based on vehicle type, the automotive test equipment market can be divided into passenger vehicles and commercial vehicles. The commercial vehicles segment can be further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and buses & coaches. The passenger vehicles segment is anticipated to expand at a significant growth rate during the forecast period owing to the increasing demand for passenger vehicles in recent years.

Based on product type, the automotive test equipment market can be divided into dynamometer, engine dynamometer, chassis dynamometer, vehicle emission test system, and wheel alignment tester. Dynamometer is a device used for measuring force, torque, or power. The dynamometer segment can be further split into motoring or driving dynamometer, absorption or passive dynamometer, and universal or active dynamometer. The motoring or driving dynamometer is utilized to determine the torque and power required to operate a driven machine such as a pump. A dynamometer which is designed to be driven is an absorption or passive dynamometer.

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A universal or active dynamometer is used to drive automotive motors. Engine dynamometers and chassis dynamometers provide simulated road loading of the engine and the chassis, respectively, during standard emission testing cycles. Wheel alignment tester helps adjust the angles of wheels to the specifications laid down by the vehicle manufacturer. The chassis dynamometer segment, currently, holds a prominent share of the automotive test equipment market owing to the increasing number of vehicle manufacturing facilities in developing countries and the low cost of production in developing nations across the world. 

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Nappy Disposal System Market Growth, Opportunities Analysis and Forecast to 2027

Nappy disposal system has a twisting mechanism that individually wraps every dirty nappy and locks it inside the bin. Growing population across the globe is one of the major factor driving the Nappy Disposal system market growth. Mainly developing countries in the Asia Pacific region are boosting the demand for the Nappy Disposal system. Emerging economies such as China and India are anticipated to boost their market share during the forecast period due to rising population and increase in purchasing power of people. Also, constant product development and technological advancement due to advanced manufacturing technologies are fueling market growth.

Europe and North America are expected to maintain dominance in the Nappy Disposal system market during the forecast period owing to higher standards of living in these regions and awareness about child health and hygiene. Development of effective distribution channels and the rising number of internet users are fueling the demand for the Nappy Disposal system through different e-commerce channels.

Nappy Disposal System Market – Competitive Landscape

The Nappy Disposal system market includes several international and domestic players. Market players are adopting different strategies such as regional expansion, product portfolio expansion, etc.to reduce effect of growing competition on business.

• Companies are focusing on business expansion through several strategies. For example, Cannon Hygiene has opened two additional service centers in UK for providing more streamlined services to customers across the UK. Company has improving after sales services to boosting demand for their products.
• In 2017, Angelcare Monitor Inc, a baby care product manufacturing company acquires brands Pabobo and Kid’Sleep to strengthen their product portfolio and increase their customer base. Product portfolio of their brands include sleep aids, soothers, and nightlights and sleep trainers.

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Cannon Hygiene

Company was established in 1955 known for infant and feminine hygiene products. Company operates around 40 countries. Company’s major markets include several countries such as India, Australia, New Zealand, South Africa and Canada, as well as UK, Ireland, Portugal and Spain. Company’s product portfolio includes washroom and hygiene care, mats and floor care, clinical, medical and dental products, and water saving products.

Mayborn Group Limited

Mayborn Group Limited was founded in 1965 in England. Company’s global headquarters is in Newcastle, UK. Company also has regional offices in US, Australia, France and Hong Kong. Company has own manufacturing plants in Tangiers, Morocco, Guang Dong, China and Mansfield, UK. And several warehouse facilities across the globe. Mayborn Group Ltd has several brands for baby products such as Tommee Tippee and Gro etc.

Angelcare Monitor Inc

Angelcare Monitor Inc is a baby care product manufacturer located in Canada. The company manufactures and sells baby monitors, such as movement, video, and audio monitors; and also baby care products, such as bath products. It sells its products through baby specialty stores, and online retailers, as well as online. Company operates in Canada, UK, US, Europe and Asia.

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Pool Speakers Market – Competitive Landscape

Pool speakers refer to the loud speakers used by the swimming pool. Pool speakers are used during pool parties, and have features such as wireless, waterproof, rechargeable battery and visual effects, attracts customer to increase their spending. Additionally, major types of pool speakers include outdoor, underwater, and floating pool speakers. The manufacturers of pool speakers are focused primarily on the quality, pertaining to audio, water-resistance, and the depth of the water level at which these speakers can function normally.

Incorporated in 1946, Sony Corporation is based in Tokyo, Japan. The company operates as a conglomerate. Sony Corporation has a global presence and sells its products through several divisions such as Sony Electronic Products & Solutions, Sony Financial Holdings, Sony Interactive Entertainment, Sony Music, Sony Pictures, and Sony Semi-Conductors. In May 2018, Sony Corporation acquired EMI Music Publishing to increase its dominance in the market.

Bose Corporation

Bose Corporation is based in Framingham, Massachusetts, the U.S., and has experience of over 55 years. The company is engaged in designing and manufacturing home theaters, radios, compact disk players, headphones, speakers, and professional sound systems for performance centers, auditoriums, hotels, and stadiums. Bose has 190 stores in the U.S. and more at various locations across the world.

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LG Electronics

Incorporated in 1958, LG Electronics is located in Seoul, South Korea. The company has its core business in manufacturing consumer electronics and home appliances. The company is active in six business units that include the LG Innotek Co., Ltd. (Innotek) and its subsidiaries that provides light-emitting diode; the mobile communications unit provides board materials, mobile terminal equipment, and optics solutions; the vehicle components unit offers automobile parts; the home appliance & air solution segment provides washing machines, air conditioners, refrigerators, and microwave ovens; and the home entertainment segment supplies televisions (TVs), personal computers (PCs), monitors, security equipment, speakers, audios, and videos. The other unit deals with the solar energy business.

Samsung

Founded in 1938, Samsung has its head office in Seoul, South Korea. The company offers numerous products such as automotive, apparel, electronic components, chemicals, semiconductors, telecommunications equipment, home appliances, and sound products. In 2017, Samsung acquired Harman International and consequently integrated new audio brands such as Infinity, JBL, AKG, Revel, Mark Levinson, and Harman Kardon into its portfolio. These brands provide speakers and ear phones across the world.

Major companies operating in the global pool speakers market include Anker, Sound United LLC, LG Electronics, Samsung, Altec Lansing, Sony Corporation, Fugoo, Tribit, Logitech International, Sharkk, Bose Corporation, Yamaha Corporation, Denon USA, Braven, and Ultimate Ears. The overall market is highly fragmented. These players are focusing on future capacities, new product launches, key mergers & acquisitions, and innovative product developments. Most vendors sell and promote their pool speakers through their own online sales websites.

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Termite Bait System Products Market Growth Analysis & Forecast till 2027

• Termite baits are used in residential, commercial, and agricultural applications to help control different types of termite infestations.
• Termite baits are made with cellulose, and combined with a slow-acting insecticide. This disrupts the normal growth process and kills the termites.
• The global termite bait system products market was valued at ~US$ 1.8 Bn in 2018.
• Expanding at a CAGR of ~5%, the global termite bait system products market is projected to reach a valuation of ~US$ 2.8 Bn by the end of 2027. 

Global Termite Bait System Products Market: Regional Overview

• Asia Pacific is likely to be the fastest-growing region in the global termite bait system products market during the forecast period. Termites are considered one of the most destructive pests in this region. It has been estimated that, termites cause an estimated RMB 80 billion worth of structural damage every year in China.
• Over the past few years, the economic growth of this region is driving companies to invest in developing countries, including China and India.
• North America is the largest regional market in the global termite bait system product market. Rising demand for pest control products coupled with growing consumer awareness about the ill-effects of chemical products is driving demand in this region.

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In terms of type of termite, subterranean is the dominant segment in North America, in the termite bait system products market. Subterranean termites accounted for around 90% of the management and damage costs in the U.S., which drives the demand for termite bait system products in this region.

Global Termite Bait System Products Market: Trends

• Termites have the ability to live in a temperature range of 22.9°C to 35°C. As a result, they are majorly found in subtropical regions. Changing climatic conditions as a result of worldwide temperature rise prompts growth in the termite population, as they can increase their ecosystem in warmer climatic conditions.
• Apartments in high temperature regions require long-term protection from termites. As a result, the usage of termite bait system products is increasing. 

Termite Bait System Products Market: Drivers, Opportunities, and Restraints

• Various strategies are utilized to control the termite population, including liquid chemical barriers and baiting stations. Liquid chemical barriers such as anti-agents are utilized to create a barrier around and under structures to square the potential courses of termite passage. 
• Pest management is seeing increasing growth in order to maintain consumer health and hygiene. People spend money on protecting themselves with such preventive measures for the structural protection of their households, which is expected to create opportunities in the termite bait system products market.
• The average cost of installing bait systems is on the higher side. Average annual maintenance cost is also high in baiting systems as compared to conventional chemical treatments, which is expected to be a restraint for the global termite bait system products market. 

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