E-Scrap Recycling Market Demand and Opportunities 2019-2027

In this market report, TMR predicts that, the increased use of electronic products such as laptops, computers, mobile phones, television sets, and other electrical and electronic household appliances is anticipated to drive the e-scrap recycling market. Additionally, the recycling of e-scrap for the recovery of various metals is important from the point of saving energy. Moreover, the recycling of e-scrap would also help in reducing the burden on mining ores for primary metals.

This, in turn, is anticipated to boost the electronic scrap recycling market. However, the high initial investment associated with the collection and recycling process of e-scrap recycling is anticipated to restrain the growth of the global electronic scrap recycling market. The need for advanced technology and additional cost for the maintenance of e-scrap recycling devices is also a concern raised by manufacturers, which is considered to be a drawback for the industry. This also restrains the growth of the global e-scrap recycling market.

Most e-waste is expected to be generated in urban areas, and it is particularly important to properly manage this e-waste properly, improve collection and recycling rates, and reduce the amount of e-waste that ends up in dumpsites. The move toward smart cities and the use of information & communication technology for waste management offers new and exciting opportunities. In addition, the untapped areas of the Middle East & Africa and South America also provide opportunities for new players to enter the electronic scrap recycling business.

Request a sample to get extensive insights into the E-Scrap Recycling Market

Valuable materials have become a major source of income for buyers. This has resulted in the tracking of trans-boundary movement of e-scrap. The rising demand for smart consumer electronic devices is another key trend in the growth of the e-scrap recycling market. Electronic and electrical equipment with advanced technology have limited service life. This has simultaneously increased the supply of electronic and electrical equipment, resulting in growth of the e-scrap recycling market. Rise in the awareness among electric and electronic product users about environmental issues faced by landfills is expected to drive the e-scrap recycling market in the coming years. 

Avoiding the usage of landfills minimizes their propensity to cause health and environmental hazards. E-scrap contains a substantial amount of toxic and non-biodegradable substances such as lead, mercury, cadmium, arsenic, and antimony. It also contains precious metal such as gold, silver, palladium, tantalum, and gallium. This has resulted in recovering or the reuse of precious metals, thereby resulting in overall growth of the electronic scrap recycling market.

E-Scrap Recycling Market: Key Segments

According to the report, large white goods such as refrigerators & freezers, washing machines, and dishwashers dominated the electronic scrap recycling market in 2018. The increasing use of refrigerators and freezers, washing machines, dishwashers, and many other consumer electronic goods has resulted in increased recycling of large white goods. Moreover, stringent regulatory framework regarding the recycling of electronic waste across the globe has resulted in the growth in the recycling of large white goods. Large white goods are closely followed by small household appliances such as toasters, coffee makers, and hair dryers, owing to their increased usage around the world. IT products such as computers and laptops, telephones, and mobile phones, as well as printers and scanners, have also acquired a substantial market share in e-scrap recycling.

To understand how our report can bring difference to your business strategy, Ask for a brochure

In terms of processed material, metals is a dominant segment, and the segment is anticipated to expand during the forecast period, owing to the rising demand for metals in the overall electric and electronic products manufacturing sector. Plastic, on the other hand, is gradually gaining market share, owing to its extensive application in consumer electronic products. A wide range of plastic resins such as acrylonitrile butadiene styrene (ABS), high impact polystyrene (HIPS), and expanded polystyrene (EPS) is widely used in various consumer electronic products. Plastic recycling is anticipated to increase considerably in the next couple of years due to its increasing usage.

E-Scrap Recycling Market: Prominent Regions

Europe dominated the global e-scrap recycling market, followed by Asia Pacific. The dominance of Asia Pacific can be attributed to the presence of a strong scrap recycling and electronic and electrical product industry. China and India are the major recyclers of electric and electronic products, thus driving the Asia Pacific electronic scrap recycling market. Key e-scrap recycling players such as JX Nippon Mining and Metal Corporation, DOWA Holdings Co., Ltd., Enviro-Hub Holdings Ltd., Ecoreco Ltd. and Sims Metal Management are present in the region.

Read More

Fuel Card Market Increasing Demands and Sales 2019 to 2027

• The global fuel card market was valued at ~US$ 33 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The market is expanding significantly in terms of size and value. The standard card technology segment is dominating the global fuel card market.
• The fuel card market in Asia Pacific is growing rapidly. Growing disposable income is driving people to opt for technologically-advanced cards to save on fuel expenses. Moreover, increasing of government initiatives in developing countries for the development of the corporate sector are driving the growth of the corporate fuel card market.  
• Europe is the largest regional market in the global fuel card market, accounting for ~38% share of the global fuel card market in 2018. North America has the second-largest number of fuel card users, as a result of attractive offers by key companies and supportive government initiatives toward cashless transactions.

Fuel Card Market: Driving Factors

• Rising demand for cashless fuel transactions in developing economies (as it is critical for fleets to monitor fuel purchases to control and manage fuel spending) is driving the fuel card market. Fuel cards offer good quality data on fuel purchases, which helps monitor individual vehicle and driver fuel economy, and apply operational strategies to enhance performance.

Request a sample to get extensive insights into the Fuel Card Market 

Canada, Sweden, the U.K., France, and the U.S. are the top five cashless economies in the world. Cashless payments help reduce fuel theft via chip and pin cards, which is driving the demand for fuel cards, globally.

• The fleet management market is influenced by technology. The adoption of fleet management software in data management and analytics has been growing, which is expected to significantly boost the fuel card market.
• Rapid urbanization and industrialization in developing countries such as China, India, Mexico, South Africa, and Brazil is providing lucrative opportunities for the global fuel card market. Over the years, growth in the prepaid and contactless card industry has shaped the economies of several countries.

Fuel Card Market: Key Challenge

• Volatility in fuel prices is likely to be one of the major restraints of the fuel card market. As fuel prices are difficult to be projected, it is difficult to plan and budget for the same. Fuel prices are different across the globe; this is expected to have a huge negative impact on the growth of the fuel card market.

Read More

Laser TV Market - Global Industry Analysis by 2027

• Laser TV is a type of display which uses lasers to display pictures on screen. Laser TV uses three colored lasers and a rotating mirror to direct the light on to a surface. The combination of different colors generates a wide range of colors compared to other display technologies.
• Laser TV produces sharp images and avoids the scattering issue which is seen in LEDs. Laser TV uses reflection imaging technology which does not impact the eyes, especially for children and older people.
• Demand for laser TV is expected to increase during the forecast period in both residential and commercial segments due to changing lifestyle and increasing popularity of digital marketing and home entertainment systems.

Key Drivers, Restraints, and Opportunities of the Global Laser TV Market

• Laser TVs are energy efficient as the power required for lasers is less; quality of laser is also accurate as compared to plasma and liquid crystal displays. Laser TVs have a longer lifespan and are wireless for ease of operation. The built-in audio feature saves on additional speaker requirement.  Laser technology is energy efficient, durable, and creates bright colors which are not available in any other TV. The global laser TV market is thus expected to grow during the forecast period due to these features.

For Right Perspective & Competitive Insights on Laser TV Market, Request for a Sample

However, the laser TV market might face restraints due to the high cost of light source, lack of resources, difficult collaboration chain, and insufficient industrial investment. Industries are still struggling with the laser display standards, and non-traditional advertising technique, usually promoting the product in films and other media which is the trend.

• Major events such as concerts or expos use laser technology to display clear images. Ahead of major sporting events such as UEFA 2020 and Cricket T20 World cup, many restaurants, cafes, bars, and malls look for better display technology, thus creating an opportunity for the laser TV market.
• Manufacturers are coming up with new products such as the launch of a self-rising laser TV by Hisense in January 2020 equipped with TriChroma technology, and launch of new laser TVs by LG. Laser TV is expected to be the future of television. Growth in the gaming and sports industry is likely to further drive the demand for laser TVs during the forecast period.

Asia Pacific to Lead the Global Laser TV Market

• Geographically, the global laser TV market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Read More Press Release@  https://www.prnewswire.com/news-releases/measures-to-secure-property-at-the-forefront-of-growth-of-global-fencing-market-valuation-to-reach-us-62-7-bn-by-2027--transparency-market-research-301017075.html

• Asia Pacific is expected to dominate the market during the forecast period. China, Japan, and India provide favorable business opportunity to the market.
• Asia Pacific is projected to be followed by North America and Europe due to a rising entertainment industry and also due to various upcoming sport events.

Read More

Luxury Goods Market - Global Analysis and Latest Study Report 2019 to 2027

Luxury market consists of nine segments, which is dominated by luxury hospitality, personal luxury goods and luxury cars. These segments collectively account for almost 80% of the entire market. Overall, luxury goods market has shown significant growth in recent years. The growth is attributed to growing income of individuals.  Also, luxury items represent social status. Thus, people tend to buy luxury goods to show off their status. Registering the trend, the luxury goods market is anticipated to show promising growth in the coming years.

In category of luxury goods, jewellery and shoes are among top items contributing nearly 7% of the overall revenue generated. Handbags and beauty products are next in line. At the same time, sale of watch produced average revenue.

Emergence of online stores is driving the sale of luxury items. E-commerce is facilitating easy purchase option of products produced at distant places. This, in turn, has contributed significantly to the growth of global luxury good market. On the other hand, contribution through offline stores has decreased drastically. This is a consequence of competition by online stores. 

Registering the preference and demand for online purchase of luxury products, the luxury goods market is anticipated to grow significantly in the coming years.

To gauge the scope of customization in our reports Ask for a Sample

Global Luxury Goods Market: Overview

In an era of rapidly changing trends, producers of luxury goods have started to keep a watch on a new class of consumers that is rising these days. High-Earners-Not–Rich-Yet (HENRY) is the new class of consumers is likely to become increasingly relevant in the times to come. In addition to that, luxury goods manufacturers are now making substantial investment to draw the attention of the younger section of the population, who comprise the future consumers of luxury goods. Attempts to trigger interest of younger generation are likely to fuel growth of the global luxury goods market.

These ‘new’ tech savvy generations desire for seamless, individualized brand relationship and are investing in brands across the globe to market products utilizing social and digital media platforms. They are also using the same platform to engage with existing and prospective consumers.

Type, gender, mode of sale, and region are the five key parameters based on which the global luxury goods market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.

Global Luxury Goods Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global luxury goods market is mentioned below:

Looking for Regional Analysis or Competitive Landscape in Global Luxury Goods Market, ask for a customized report

• In November 2019, Louis Vuitton Moet Hennessy (LVMH) acquired US-based luxury jewelry and specialty retailer Tiffany & Co. The acquisition is one of the largest in the business of luxury retail. Following the acquisition, it is expected that LVMH will be able to expand its reach and diversify its product offerings.

Some well-known organizations in the global luxury goods market include the below-mentioned:

• The Estée Lauder Companies Inc.
• Cie Financiere Richemont SA
• LVMH Moët Hennessy
• L’Oréal S.A.
• Kering S.A.
• Prada S.p.A.

Read More

Disposable Paper Cup Market - Future Demand Analysis with Forecast 2019 to 2027

• Disposable paper cups are the cups/glasses made of renewable sources such as paper and then lined with wax or liquid to prevent leakage
• These cups are made of food grade raw materials, which are hygienic in nature. Disposable paper cups are capable of holding hot as well as cold beverages for a long time.
• Disposable paper cups are widely used across the globe; rapid changes in lifestyle are anticipated to push the usage of these paper cups in the household sector
• When compared to paper cups made of other material such as plastic, the usage of paper cups hold several inherent advantages, eco-friendliness being one of them.
• Extensive use of paper cups in catering and events is likely to drive its demand during the forecast period

Benefits of Paper Cups over Other Alternatives to Fuel its Demand in the Global Market

• Disposable paper cups are biodegradable; thus they are considered more eco-friendly than other disposable paper cups such as the plastic ones
• Also, plastic paper cups are likely to contaminate its hot containments, whereas paper cups are considered more safe for consumption of hot beverages
• In addition, paper cups are available in numerous shapes and sizes, and also in customizable designs, and this makes them more attractive in the market
• These factors are likely to drive the overall market for disposable paper cups

Use of Harmful Chemicals to Manufacture Paper Cups Might Challenge the Market

• Some manufacturers of disposable paper cups use substantial amount of fluorescent whiting agent to present a whiter look to the cup
• These whiting agents are capable of mutating the cells, thus having harmful impact on the human body.  
• Additionally, lack of quality standards might hamper the growth of the market in the near future

For Right Perspective & Competitive Insights on Disposable Paper Cup Market, Request for a Sample

Increasing Use of Organic Components in Paper Cups Manufacturing to Create Demand Opportunities

• Disposable paper cups manufacturers have been considering the demand for eco-friendly and completely biodegradable disposable paper cups, thus focusing on product innovation and diversification by adopting sustainable manufacturing methods.
• The opportunity in the market lies amidst the rising demand for biodegradable paper cups from cafeterias, quick service restaurants, and other catering service providers.

Asia Pacific to Hold Leading Share of the Global Disposable Paper Cup Market

• In terms of geography, the global disposable paper cup market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the disposable paper cup market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The disposable paper cup market in South America is segmented into Brazil and Rest of South America.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

• Asia Pacific dominated the global market in 2018, attributed to presence of large scale manufacturers and availability of low cost raw materials. In addition, constantly rising population in Asia as well as North America are driving the disposable paper cups market in their respective regions.
• The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period.

Read More

Heat-not-burn Products Market: Key Players And Opportunities Up To 2030

• Heat-not-burn (HNB) products are products which heat up tobacco by using a battery-powered heating system. The product is inhaled by the user via the mouth. The product contains an extremely addictive material i.e. nicotine.
• HNB products also have non-tobacco extracts. They are usually flavored. Several types of HNB products are available in the market. A few examples include products that use loose-leaf tobacco, such as Ploom and PAX, and tobacco sticks, such as IQOS and glor.
• Heat-not-burn products are also called heated tobacco products or non-combusted cigarettes

Key Drivers of the Global Heat-not-burn Products Market

• Increase in adoption of technologically advanced cigarettes is likely to boost the global heat-not-burn products market in the near future. Users are becoming health conscious and increasingly sophisticated, with rising purchasing power. They are capable of differentiating between various brands.
• The heating process produces a flavorful nicotine with vapor. While the tobacco does not burn, intensity of harmful chemicals is considerably reduced compared to traditional cigarette smoke.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

North America and Europe are Dominating the Overall Market

• In terms of geography, the global heat-not-burn products market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast for the heat-not-burn products market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the heat-not-burn products market analysis and forecast for GCC, South Africa, and Rest of Middle East & Africa. The South America heat-not-burn products market is segmented into Brazil, and Rest of South America.
• North America and Europe are highly attractive regions of the global market, owing to presence of key players such as Philip Morris International Inc. and British American Tobacco in these regions. Youngsters are mostly adopting new and technologically advanced devices as a safe substitute for tobacco, which is likely to surge the adoption of heat-not-burn products in the near future.

Read More Press Release@  https://www.prnewswire.com/news-releases/e-tailing-to-underscore-growth-in-freight-trucking-market-expected-to-reach-us-6-bn-by-2027-transparency-market-research-301015207.html

Key Players Operating in the Global Market

• Currently, the global heat-not-burn products market is a consolidated market, due to presence of established players. Competition among these players is intense, and established companies are acquiring startup companies to expand their customer base as well as geographical reach.
• In 2018, Japan Tobacco Inc. (JT) acquired the tobacco business of Akij Group (Akij). The acquisition of Akij’s tobacco business has enabled JT Group to become the second-largest tobacco company in Bangladesh. It has further expanded JT Group’s operations in emerging markets, supporting its objectives for sustainable profit growth in the mid and long terms. 

Read More

Medical Wash Basin Market Trend and Growth Report

• Wash basins are popular sources of hospital-acquired infections (HAIs) which significantly contribute to prolonged hospital stay and hospital bills. However, medical wash basins do not get infected by virus and bacteria.
• Requirement for intervention products which have the ability to decrease HAIs by removing sources of contaminant reservoirs is driving the sale of medical wash basins.

Key Drivers of the Global Medical Wash Basin Market

• Growing spending on hospital hygiene at the global level is driving the growth of the medical wash basin market. Companies are offering premium medical wash basin products to consumers.
• Companies are also offering medical wash basins that decrease water wastage. This product feature is attracting many consumers to purchase the product.
• Rising disposable income in developing countries such as China, India, Mexico, Brazil, and South Africa is driving hospitals to spend on premium products which ensure health and hygiene. Increasing middle class population in these countries drive the overall spending on hospital products. These factors are expected to boost sales of different types of medical wash basin products in the coming years.

For Right Perspective & Competitive Insights on Medical Wash Basin Market, Request for a Sample

Increasing Number of Hospitals and Clinics to Create New Opportunities

• People demand hygienic products in hospitals and clinics. Rising number of hospitals and clinics in developed and developing countries to provide better healthcare infrastructure is expected to create new opportunities in this market.

High Cost of Medical Wash Basins a Market Restraint

• Medical wash basins are costlier than normal wash basins. Small clinics in developing countries prefer to use low cost products. This factor is expected to restrict market growth in the coming years.

Medical Wash Basin Market in Asia Pacific to Expand Significantly

• North America is a prominent market for medical wash basins globally, and the region is estimated to maintain its dominance in the near future. Advancement in sanitation technology coupled with growing demand for advanced sanitation products for medical employees in the U.S. and Canada is likely to create new growth opportunities for the medical wash basin market.
• Usage of medical wash basins is comparatively high in developed countries such as the U.S., U.K., Germany, and France. Rising infrastructure spending on private and public hospitals in different European countries is likely to spur market demand.
• The market in Asia Pacific is estimated to expand at a rapid pace. Increasing consumer awareness about incontinence clean-up, and indwelling catheter is driving this market. Moreover, government subsidies are encouraging foreign companies to invest in this region to grab market share.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Key Players Operating in the Global Market

The global medical wash basin market is fragmented in nature. Large number of small and medium players are present in the medical wash basin market. Companies are working on product innovation to consolidate their market share. Majority of companies operate their market at the domestic level. However, some of the global players are working on merger and acquisition strategies to increase their market share in different geographical locations.

Read More