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Wearable Technology Market – Penetration of Smartphones to Propel the Global Wearable Technology Market

The global wearable technology market is anticipated to grow significantly in coming years. The report goes for evaluating the market size and future development capability of the wearable innovation market in light of types, items, application, and area. The report breaks down the market structure by distinguishing different sub-segments of the wearable technology market. The two primary motivations behind wearable technology are to keep a check on different substantial markers and to engage the client associated with the computerized world by synchronizing to parent electronic gadgets, for example, cell phones. Adidas, Abbott, Sony, Google, Zephyr, Medtronic, Nike, Eurotech, Suunto, and Garmin International Inc. are some of the leading players in the market.

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Some wearable gadgets can likewise process information picked up from the markers they screen and take activities, for example, medicate delivery in response. The global market for wearable technology is anticipated to be on the peak attributable to developing interest from more youthful socioeconomics and the high registering power wearable gadgets give in a generally little and minimal size. According to Transparency Market Research (TMR), the worldwide wearable technology market, was worth US$750 million of every 2012. It is relied upon to make additionally contribution in the coming times, at a robust CAGR of 40.8% within the forecast period between 2012 and 2018. The 2018 estimation of the worldwide wearable technology market is relied upon to be worth US$5.8 bn, a hop of near 800% in its 2012 share.

Developing awareness among the worldwide people with respect to their prosperity, the real driving element of the worldwide wearable technology market, is projected in the chain of importance of the market, as the medicinal and healthcare end-use segment took up an overwhelming 35.1% share in year 2012. Healthcare and fitness took after the healthcare industry part as the biggest end client of wearable electronic gadgets. Persistent glucose monitors are also a huge portion in the medicinal and social insurance industry attributable to the developing pervasiveness of diabetes in the rising economies of Latin America and Asia Pacific. Insulin delivery gadgets additionally assume a noteworthy part in the ruling of the healthcare and medical segment in the worldwide wearable technology market.

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The adoption of wearable technology is ceaselessly expanding in the U.S. with the expanding interest for wristwear/fitness wear, and wellbeing and health observing applications among others. The U.S. offers a perfect domain for development, which has encouraged gigantic progressions in the wearable technology. The presence of several main players in the American locale and the developing interest for customer gadgets, for example, wearable gadgets and gaming comforts are additionally boosting the reception of wearable technology in various end-client enterprises (which incorporates excitement and social insurance). What’s more, the developing enthusiasm for ventures and advancements in applications, for example, medicinal services, article of clothing and mold is driving the development of the wearable technology market in the America.

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Computer Aided Detection Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025

Transparency Market Research (TMR) states that EDDA Technology, Inc., Agfa-Gevaert N.V., Hologic, Inc., Fujifilm Medical Systems, Inc., and iCAD, Inc. are some of the leading players in the global computer aided detection (CAD) market. The competitive landscape is quite fragmented, reports TMR. The competition is expected to intensify in the coming years as several new players and startups are entering the market with technological upgrades. Mergers and acquisitions and technological innovation are expected to give the international players an edge over others in the near future.

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According to the report, the global computer aided detection market is projected to reach US$1115.3 mn by the end of 2025. The global market is expected to surge at CAGR of 9.8% from 2017 to 2025. The report points out that the computer aided detection technology will be predominantly used for detection and diagnosis of breast cancer in the healthcare sector. Owing to this reason, the breast cancer segment held a share of 70% in the global market in 2016 and is expected to continue on similar lines. Geographically, North America is leading the global with a share of 62%. High incidence of cancer in the region and better healthcare facilities are driving this regional segment.

The dramatic change in the levels of pollution and changes in lifestyle have, over time, led to a rise in the number of cancer cases. The high incidence of various types of cancer such as prostrate, breast, lunch, colorectal, and others has triggered a need for technologically advanced computer aided detection solutions. These are sophisticated imaging technologies have played a critical role in enabling accurate magnetic resonance imaging, mammography, ultrasound imaging, and nuclear imaging among others. This has increased the demand for CAD in multispecialty hospitals, ensuring growth of this market in coming years. The market is also being driven by exceptional advancements in digital imaging, development of efficient CAD solutions, quick integration of CAD solutions in a wide range of imaging equipment, and growing awareness among the patients about early detection of cancer.

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Medical researchers and practitioners have only been recently using medical imaging devices that are integrated with computer aided detection. The need for computational assistance came from the increasing demand for error-free detection. With technological advancement, CAD has enabled an accurate assessment of the condition that patient maybe suffering from. CAD has achieved this by increasing the sensitivity of diagnostic imaging obtained from radiological imaging devices in the practice of medical investigation and differential diagnostics. Statistics released by WHO state, there is a likelihood of a 30% rise in the number of cancer cases by 2038. The organization further reveals that one third out of these will meet a fatal end due to behavioral and dietary risks. Poor body mass index, low fruit and vegetable intake, tobacco use, alcohol use, and lack of physical activity have been identified as the key causes of cancer cases and morbidity.

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Computer Aided Detection Market: Rise in Incidence of Cancer Drives Demand for CAD

Transparency Market Research (TMR) states that EDDA Technology, Inc., Agfa-Gevaert N.V., Hologic, Inc., Fujifilm Medical Systems, Inc., and iCAD, Inc. are some of the leading players in the global computer aided detection (CAD) market. The competitive landscape is quite fragmented, reports TMR. The competition is expected to intensify in the coming years as several new players and startups are entering the market with technological upgrades. Mergers and acquisitions and technological innovation are expected to give the international players an edge over others in the near future.

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According to the report, the global computer aided detection market is projected to reach US$1115.3 mn by the end of 2025. The global market is expected to surge at CAGR of 9.8% from 2017 to 2025. The report points out that the computer aided detection technology will be predominantly used for detection and diagnosis of breast cancer in the healthcare sector. Owing to this reason, the breast cancer segment held a share of 70% in the global market in 2016 and is expected to continue on similar lines. Geographically, North America is leading the global with a share of 62%. High incidence of cancer in the region and better healthcare facilities are driving this regional segment.

The dramatic change in the levels of pollution and changes in lifestyle have, over time, led to a rise in the number of cancer cases. The high incidence of various types of cancer such as prostrate, breast, lunch, colorectal, and others has triggered a need for technologically advanced computer aided detection solutions. These are sophisticated imaging technologies have played a critical role in enabling accurate magnetic resonance imaging, mammography, ultrasound imaging, and nuclear imaging among others. This has increased the demand for CAD in multispecialty hospitals, ensuring growth of this market in coming years. The market is also being driven by exceptional advancements in digital imaging, development of efficient CAD solutions, quick integration of CAD solutions in a wide range of imaging equipment, and growing awareness among the patients about early detection of cancer.

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Medical researchers and practitioners have only been recently using medical imaging devices that are integrated with computer aided detection. The need for computational assistance came from the increasing demand for error-free detection. With technological advancement, CAD has enabled an accurate assessment of the condition that patient maybe suffering from. CAD has achieved this by increasing the sensitivity of diagnostic imaging obtained from radiological imaging devices in the practice of medical investigation and differential diagnostics.

Statistics released by WHO state, there is a likelihood of a 30% rise in the number of cancer cases by 2038. The organization further reveals that one third out of these will meet a fatal end due to behavioral and dietary risks. Poor body mass index, low fruit and vegetable intake, tobacco use, alcohol use, and lack of physical activity have been identified as the key causes of cancer cases and morbidity.

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Aluminum Foil Packaging Market: Augmented Expansion To Be Registered By 2020 – 2025

Transparency Market Research delivers key insights for the aluminum foil packaging market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2025. In terms of revenue, the global aluminum foil packaging market is projected to expand 1.3x its current market value by the end of 2025, owing to increasing demand from food service sub-segments such as ready-to-eat meals and bakery & confectionery across several countries about which, TMR offers detailed insights and forecasts in the aluminum foil packaging market report.

pr global aluminum foil packaging market

Aluminum foil packaging is preferred in various end-use industries, including food & beverages, pharmaceuticals, personal care & cosmetics, and numerous other industries. Aluminum foil packaging can offer complete protection from oxygen, light, moisture, and bacteria making it apt for food and medicine packaging.

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The TMR team segmented the analysis of aluminum foil packaging market based on various factors such as thickness, foil type, application, and end use across five regions. As per TMR analysis, unprinted type of aluminum foil packaging is expected to hold the largest market share during the forecast period, owing to its multiple usage in bakery & confectionary, blister packages, online food delivery items, and others due to its non-toxic nature.

Aluminum Foil Packaging Highly Preferred in Food and Beverages

Bags & pouches, wraps & rolls, and laminated trays application segments of the aluminum foil packaging market are gaining more traction in food service and online food delivery businesses from the past several years. Aluminum foil packaging is mostly considered as the ultimate core packaging material for dairy products, chocolates, pastries, beverages, fruit juices, etc. Besides this, aluminum foil packaging have less impact on the environment, as it contains an average 73 percent recycled content, more than three times the amount of glass or plastic products. These factors make aluminum foil packaging a preferred format by consumers who keep sustainability in mind, while making purchase decisions. According to the Product Complexity Index (PCI), aluminum foil packaging is the 275th most traded product in the world. Consumer inclination toward aluminum foil packaging, combined with increasing fast food consumption worldwide, will also help boost the growth of the global demand for aluminum foil packaging.

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Indoor Location Based Service Market: Clear Understanding Of The Competitive Landscape And Key Product Segments 2020 – 2030

The global indoor location based service market is anticipated to reach a value of US$ 19.3 Bn by 2030. The indoor location based service market is projected to expand at a CAGR of ~10% from 2020 to 2030 in terms of revenue. The growth of the indoor location based service market is due to rising use of location-based services for promotional applications and increasing penetration of connected devices such as smartphones, tablets, and notepads, which, in turn, have triggered growth of the market globally. During the forecast period, North America is anticipated to emerge as a leading indoor location based service market, followed by Europe and Asia Pacific.

Rising Emphasis on Consumer Preference and Consumer Behavior

Consumer preference is significant across the globe. The trend has shifted from a seller oriented to a customer oriented market, with enhanced focus on customization & personalization of products according to needs and wants of customers. According to a survey conducted by Oracle Corporation, nearly 85% of the people who were part of the survey (across the globe) think that indoor location based service is important for industries to sustain in this competitive era. Indoor location based service could help industries to increase revenue and optimize the operations by providing the right product to the right person at the right time.

The shift in trend to provide better products and enhance customer satisfaction is driving the indoor location based service market. The impact of this driver is expected to be high.

Indoor Location Based Service: Market Segmentation

The global indoor location based service market has been segmented in terms of component, application, technology, industry, and region. Based on component, the market has been classified into hardware, software, and services. Among applications, the tracking & geosocial networking segment dominated the global indoor location based service market in 2019. Based on technology, the market has been bifurcated into Wi-Fi/WLAN, Bluetooth, RFID, and Global Positioning System (GPS)In terms of industry, the retail segment dominated the global indoor location based service market in 2019.

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Indoor Location Based Service Market: Regional Outlook

In terms of region, the global indoor location based service market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the indoor location based service market during the forecast period. The U.S. is estimated to hold a notable share of the indoor location based service market in North America and the market in the country is projected to expand at a CAGR of 11.7% during the forecast period, as the maximum number of retail as well as other business enterprises within North America are based in the U.S. Asia Pacific held a substantial share of the global indoor location based service market in 2019 with China, India, and Japan being the major markets in the region. The indoor location based service market in Europe, Middle East & Africa, and South America is also projected to expand moderately during the forecast period.  

The report provides in-depth segment analysis of the global indoor location based service market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the indoor location based service market.

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Computer Graphics Market: Comprehensive Analysis Of The Current Trends And Inclinations, Along With The Future 2019 – 2027

According to a new market report pertaining to the global computer graphics market published by Transparency Market Research the global computer graphics market is projected to reach value of US$ 308.61 Bn by 2030. The computer graphics market is projected to expand at a CAGR of 6.2% from 2020 to 2030. Expansion of the computer graphics market can be attributed to the growing use of image processing and 3D animation effects in media and entertainment industry, and growing demand for graphic software across various industries. North America is anticipated to lead the global computer graphics market in terms of revenue, followed by Asia Pacific, during the forecast period.

Online games have become easily accessible and are gaining traction, with the ubiquity of smartphones and tablets. This has brought a large number of free-to-play game models and in turn generated opportunities in the computer graphics market. Additionally, smaller game developers are grouping up with bigger entertainment companies to break into the gaming market by adding to the total number of games. The popularity of e-sports and Game as a Service, which functions using 3D animation and image processing technology, has grown to a great extent, thereby increasing the global number of online game players and providing new opportunities in the computer graphics software market to develop new games.

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Computer Graphics Market: Market Taxonomy

The global computer graphics market has been segmented based on component, application, and region. In terms of component, the computer graphics market is segmented into hardware and application software. Based on application, the computer graphics market is segmented into CAD, image processing, entertainment, user interfaces, and others (education graphics, etc.).

Computer Graphics Market: Regional Outlook

The global computer graphics market, by region has been segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. As compared to other regions, the computer graphics market in North America is expected to witness significantly healthy growth, with rate relatively closer to that of the Asia Pacific region. In North America, the U.S. and Canada are anticipated to drive the growth of the computer graphics market. This is due to the presence of large number of visual effects (VFX) companies, which includes some of the top VFX companies based out of the region such as Walt Disney Animation Studios, Warner Bros Animation, DreamWorks Animation, and Industrial Light & Magic

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Fiber Optic Cable Market: Trends And Growth Factors Analysis 2020 – 2030

Fiber Optic Cable Market: Introduction

Transparency Market Research delivers key insights on the global fiber optic cable market. In terms of revenue, the global market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global fiber optic cable market.

A fiber optic cable is a type of network cable that contains strands of glass fibers inside an insulated casing. Fiber optic cables are designed for use in long-distance and high-performance telecommunication and data networking. Fiber optic cables support much of the world’s Internet service, telephone systems, and cable television networks. The global fiber optic cable market has been broadly segmented by fiber type, cable design, deployment, and end-use industry. Based on fiber type, the market has been divided into single-mode fiber, multi-mode fiber, and others.

Fiber Optic Cable Market: Dynamics

The continuously increasing need for 24×7 high-speed connectivity and increased traffic generation from services such as voice calls, emails, messaging, games, mobile Internet, downloads, and video streaming have unleashed the benefits of optical fiber cable networks. In view of the requirement for high-speed and 24×7 connectivity, continuous efforts are being made to make telecommunication networks vigorous, future proof, and consistent.

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The volume of data traveling through the Internet continues to increase, as more number of devices are being connected and new applications are being developed. Optical fiber is the only transmission medium capable of supporting this explosive growth. Common applications, such as web browsing and high-definition videos, constitute approximately 66% of this traffic. Attributes of fiber optic cables are expected to drive their use in end-use industries such as IT & telecommunication and healthcare. Thus, rising demand for high-speed connectivity is expected to drive the global fiber optic cable market at a significant pace in the near future.

Costs of fiber optic cables, components, and hardware are gradually decreasing. Installation costs of fiber optic cables are higher than those of copper cables, owing to the skill required for termination. Generally, fiber is costlier than copper in the short run. However, it can actually cost less in the long run. Maintenance cost of fiber is much less; it has much less downtime; and it requires less hardware for network installation. Due to these factors, fiber optic cables are expected to witness high demand across the globe during the forecast period.

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Forklift Tire Market: Research Reveals Enhanced Growth During The Forecast Period 2020 – 2030

Forklift Tire Market: Introduction

The global forklift tire market is estimated to expand at a CAGR of ~5% and surpass US$ 3.3 Bn by 2030, driven by the increase in adoption of forklifts across industries to improve productivity and safety of workers. The forklift tire market is largely concentrated in East Asia, Europe, and North America, owing to the presence of large industries in the region. Increasing industrialization in Latin America and Middle East & Africa is anticipated to boost the adoption of forklifts in these regions and subsequently, drive the global forklift tire market during the forecast period.

Expansion of Forklift Tire Market

The advent of e-Commerce and rising digitalization have fueled the logistics sector boosting the demand for forklifts in warehouses. The expansion of retail and online shopping ventures is expected to drive the forklift tire market. Rise of industries in developing countries, owing to the availability of inexpensive land and labor is boosting the adoption of forklifts and in turn driving the forklift tire market.

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The adoption of forklifts is increasing across industries to improve productivity and reduce accidents and injuries on shop floors. Increased adoption of forklifts in manufacturing and logistics sectors is anticipated to drive the forklift tire market during the forecast period.

Based on forklift type, the electric segment held a major share of the global forklift tire market in 2019. Electric forklifts have dominant presence in the market in North America and Europe, and the segment held a significant share in East Asia and South APAC. Electric forklifts are being widely preferred in indoor applications, as they are noiseless and do not cause pollution. Consequently, they are suitable for warehouses and shop floors.

In terms of sales channel, the aftermarket segment held a leading share of the global forklift tire market during 2019, owing to the wear & tear nature of tires. Forklift tires are replaced periodically to optimize the working of forklifts and achieve higher work productivity. The OEM segment is projected to expand at a high growth rate, owing to the increase in adoption of forklifts across industries.

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Waste Paper Recycling Market: Poised For Steady Growth In The Future 2019 – 2027

Global Waste Paper Recycling Market: Overview

In the last few years, the paper recycling industry has seen important development as environmental resources have become increasingly worried. Recycling waste paper is the method by which used paper is mixed with water and chemicals. This blend is then cut and heated to divide into cellulose strands called pulp or slurry. It is then stretched through screens to remove any still in the blend glue or plastic. It is then purified, de-inked, bleached, mixed with water and converted into new recycled paper.

Local paper recyclers concentrate primarily on establishing adequate collection and segregation facilities to promote waste paper collection in the region. Leading recycling businesses are developing automatic and highly efficient recycling systems to reduce the price of production and eliminate work-intensive activities by automating the process already in place.

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Global Waste Paper Recycling Market: Notable Developments 

  • Around 57 million tons of paper are collected for recycling purposes in Europe. And each year, the collection rate continues to increase, exceeding 50%. In addition, recycled paper satisfies more than 50% of raw material requirements in Europe. The most important application of recycled paper is the newsprint followed by packaging products.
  • The authorities at Abingdon announced in January that only town residents would be offered curbside recycling.  China and Hong Kong–formerly one of the largest plastics and paper waste markets–stopped taking almost every recycling agent at the start of 2018, including blended paper and blended plastic. But the only true alternative is for a fresh recycling company handling paper and plastics for several municipalities. The waste paper recycling industry is anticipated to be affected in the years ahead by such cases.
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Thermal Printing Market: Trending Attributes Creating Positive Impact On The Industry Shares 2019 – 2027

Thermal Printing Market: An Overview

Thermal printing is a type of digital printing that creates an image when a thermal paper is heated. The presence of chemicals on the thermal paper tends to produce the required image when printed on a thermal printer. The need for thermal printing is due to its low maintenance cost, easy printhttps://www.transparencymarketresearch.com/thermal-printing-market.htmling ability, and ease to recycle printed thermal papers. The papers printed from thermal printing can be easily recycled because of the short life of chemical coating on these papers.

The images last for a few days after which they disappear making the papers to be reused again. Thermal printing provides fast printing and high quality of image, making it correctly readable. Printers used in thermal printing are lightweight, durable, and easy to use. Thermal printing is cost effective and delivers the product at high speed and with great quality. It is used in industries for printing receipts, bills, lottery tickets, and other labels. Thermal printing is used for various applications in hospitality, healthcare, transportation, logistics, and retail. =

Thermal Printing Market: Dynamics

Growing population, industrialization, and disposable income are the prime factors which can drive the thermal printing market. In addition to this, its increasing usage in healthcare industries and retail industry due to their expansion can raise the market for thermal printing. Data capture technologies and automatic identification for product improvement and growth of the e-commerce industry can increase the usage of thermal printing. Inkjet and laser printing solutions can be restraints on the growth of thermal printing. Barcode printing is anticipated to hold the largest share of thermal printing solutions in the forecast period.

Thermal printing can reduce the efforts to search for a product on mobile and can build a deeper communication between consumer and seller. Demand for product safety, anti-counterfeiting, wireless technologies is increasing, which can thrive the sales of thermal printing and allow its growth in the future.

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FIBC Conductive Bags Market: By Application, Product Types, Keyplayers 2017 – 2025

FIBC Conductive Bags Market: Introduction

Total world market for FIBC bags stands approx. at 7.5 MMT. Flexible Intermediate Bulk Container (FIBC) bags are also called as Type C bags, which are also known as jumbo bags in market. These are industrial flexible containers, play a vital role in transporting hazardous chemicals, granules, powders etc. which are prone to electrostatic discharge hazardous events.

The fast loading and unloading of the explosive or flammable chemicals, granules and powders may induce static charge on their surfaces, which in turn can cause sparks or hazardous events. FIBC bags are made up of polypropylene (PP). Elongating supply chains and increasing industrial activities creating more demand for FIBC conductive bags, which are lightweight and cost efficient. China, Turkey and India are the highest producers and exporters of FIBC conductive bags. Buy consumption Americas, China, Europe stands at the top places.

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FIBC Conductive Bags: Market Dynamics

FIBC conductive bags are extensively used in industrial material handling or transportation which occurs in bulk quantities. These bags are nothing but a conductive jumbo bags, used in industries where the surroundings may likely contain explosive material, which might be ignited due to presence of ESD. Growing safety awareness, government regulations are driving the FIBC conductive bags market. These bags are interwoven with conductive threads (grounded) and non-conductive PP threads.

The sewing is done in grid pattern. A grounding point is built on the body of the bag to safely discharge the accumulated static charges to the ground. Growing agriculture activities, which demand higher utilization of fertilizers, growing infrastructure development and mining activities influencing the growth of FIBC conductive bags market. Space optimization can be achieved in industrial material handling and inventory storage in warehouses using these flexible bags. F

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Cryogenic Vials Market: Volume Analysis, Segments, Value Share And Key Trends 2019 – 2027

Transparency Market Research delivers key insights on the cryogenic vials market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020-2027. In terms of revenue, the global cryogenic vials market is projected to expand at a CAGR of 3.9% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

Cryogenic Vials Market: An Overview

The global cryogenic vials market is a million dollar market and is projected to have a steady growth through 2027. This steady growth can be attributed to the application of cryogenic vials for healthcare industry. The global demand for cryogenic vials is a large-scale phenomenon because it is considered the most suitable tool for conveying or processing extremely low temperature material. Customers as well as the inclinations of large-scale production firms have tied packaging manufacturers to increase the absorption of cryogenic vials and provide more safety benefits. Furthermore, cryogenic vials are considered as the best and most leak-resistant and moreover, are available for the long-term storage of samples expected to boost the sales of cryogenic vials across the globe. Besides this, the global cryogenic vials market is driven by surge in demand for disease-oriented biobanks and growth in biotechnological industry.

North America expected to be at the Forefront in the Cryogenic Vials Market Growth

As per TMR analysis, North America cryogenic vials market is projected to clock a CAGR of 4.2% through 2027.  North America cryogenic vials market is projected to grow at significant rates owing to the factors such as well-established pharmaceutical and biotech sector and increase in the R&D activities related to the biotechnology that requires the cryogenic storage products.

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Furthermore, growing demand for cell banks expected to boost the North America cryogenic vials market. In addition, cryogenic vials are expected to increase their appeal in the region over the next decade, as they are smaller than other packaging types, require less energy to ship, and do less environmental damage. The region expected to have notable market growth rate owing to the presence of the major market players involved in drug manufacturing, research and development activities. These factors are expected to create a sustained demand for cryogenic vials in the region.

Developed Consumer base of Europe to Represent a Continued Demand for Cryogenic vials

Geographically, the Europe region is estimated to account for ~30 % of the cryogenic vials market by the end of 2020.  The demand for cryogenic vials in Europe is primarily driven by the increasing demand for sample purity and traceability. Light-weight, easy to open and environment-friendliness are the key attributes possessed by cryogenic vials, which have been found to influence the purchase decisions of consumers in European markets. Front position countries like Germany, Italy, France, Spain, and UK are cumulatively expected to represent nearly 70% of the European cryogenic vials market share over the forecast period. Easy to reclaim, simple volume reference, automatic decapping, hassle-free handling are some of the other features expected to boost the demand for cryogenic vials in the region.

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Aseptic Paper Packaging for Flat Top Carton Market: Recent Industry Trends And Developments 2019 – 2027

Aseptic Paper for Flat Top Carton Market: Introduction

Transparency Market Research delivers key insights for the aseptic paper for flat top carton market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global market is projected to expand at a CAGR of 5.5% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the aseptic Paper for flat top carton market report.

The report highlights the prominent factors responsible for shaping the aseptic paper for flat top carton market across various regions. The detailed analysis based on paper type, thickness, packaging structure type, and end-use is included in the report. Aseptic paper for flat top carton is type of paper packaging solution, especially used for manufacturing of flat top cartons, which are also known as liquid brick carton or UHT carton or shelf stable carton. Flat top cartons are predominantly used in the beverage and dairy industries to pack and seal a variety of milk products, carbonated drinks and fruit juices.

Demand for Aseptic Paper for Flat Top Carton Solutions to Rise Supported by Need for Tamper-proof Packaging 

Shelf-life is a key aspect while packaging a variety of liquid products. Longer shelf-life of a product improves the process of distribution and supply efficiently across numerous locations. The high barrier feature of aseptic paper for flat top carton solutions helps to increase shelf-life of liquid products, minimizes waste, and effectively helps cut back on delivery frequency. Another issue with unpackaged food is that it can be easily tampered with. Aseptic paper for flat top carton solutions are tamper-resistant and also have tamper-evident seals, making them a suitable and preferred option for packaging liquid products. Moreover, these cartons are also brick shaped, which allows for easy stacking. All these factors are contributing substantially to the growth of the aseptic paper for flat top carton market.

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Growing Consumption of Carbonated Soft Drinks Propels Demand for Aseptic Paper for Flat Top Carton

Aseptic paper flat top carton packaging solutions are widely used in the beverage industry to fill and seal carbonated drinks, fruit juices and other liquid products. Demand for a variety of carbonated soft drinks has witnessed a sharp rise in recent years, on the back of rising consumption of carbonated soft drinks by the increasing young population in developing countries and rising disposable incomes of consumers.

Changing consumer preferences towards healthier lifestyles contributes to the massive demand for juices, flavored water, and coconut water. Moreover, the demand for diet drinks such as low-calorie drinks, no sugar drinks and classic soft drinks in food outlets, hotels, and restaurant chains are reaching new heights in the market. The growth in demand for such types of drinks, especially for carbonated soft drinks, owing to the health-related benefits of such drinks accelerates the growth of the aseptic paper for flat top carton market.