Mese: ottobre 2023

Solar Pumps Market Size, Share, Trends, Demand, Growth, Manufactures and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Solar Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global solar pumps market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is Solar Pumps?

Solar pumps utilize electricity generated from photovoltaic panels and convert radiant heat from sunlight to operate. They produce direct current (DC) to power the motor for water pumping and generate alternating current through an inverter. Compared to the traditional alternatives, solar pumps offer several advantages, including eco-friendliness, flexibility, easy installation, consistency, affordability, low maintenance, and high reliability with minimal operational costs. In addition to this, these devices eliminate the need for electricity, enhance productivity by saving time, reduce labor requirements, and eradicate the dependency on external power sources, resulting in longer operating life. As a result, solar pumps find widespread applications across various sectors, such as agriculture, water management, and household.

How Big Is the Solar Pumps Market?

The global solar pumps market size reached US$ 2.39 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.21% during 2023-2028.

Global Industry Trends and Drivers:

The escalating demand for water management solutions for crop irrigation and community water distribution and the significant developments in the farming industry are among the primary factors driving the solar pumps market. Besides this, the high environmental concerns, the rising consumer awareness toward the adverse effects of non-renewable resources, and the launch of several policies by the government bodies to reduce reliance on fossil fuels, such as coal and diesel, and mitigate greenhouse gas emissions are further augmenting the market growth. Moreover, the electrification of rural areas and the increasing need for water supply in remote locations, including deep well plumbing and livestock watering applications, bolster the usage of solar pumps to extract water from reservoirs while minimizing wastage, which are also catalyzing the global market. Apart from this, the shift towards clean and renewable sources and the extensive utilization of solar energy in industrial and residential infrastructures are acting as significant growth-inducing factors. Furthermore, the development of advanced devices by the leading players for electricity generation is anticipated to propel the solar pumps market over the forecasted period.

Solar Pumps Market Growth and Opportunities:

The solar pumps market is experiencing significant growth and presenting lucrative opportunities. The increasing demand for clean and sustainable energy solutions, coupled with the rising need for efficient water management in various sectors, is driving the adoption of solar pumps. Solar pumps utilize solar energy to pump water, eliminating the dependence on traditional grid-based electricity and reducing operating costs. They find applications in agriculture, irrigation, water supply systems, and livestock management, among others. The advantages of solar pumps, including reduced carbon emissions, low maintenance requirements, and long-term cost savings, make them an attractive choice for users worldwide. Furthermore, government initiatives promoting renewable energy and water conservation, along with favorable policies and financial incentives, are supporting the growth of the solar pumps market. With ongoing technological advancements and increasing awareness about the benefits of solar energy, the solar pumps market is poised for further expansion and offers a range of opportunities for manufacturers, suppliers, and service providers.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Type Insights:

  • Submersible
    • Alternating current (AC)
    • Direct current (DC))
  • Surface
    • Alternating current (AC)
    • Direct current (DC))
  • Floating

Capacity Insights:

  • Below 4HP
  • 4-6 HP
  • 6-8 HP
  • Above 8 HP

Application Insights:

  • Agriculture
  • Water Treatment
  • Others

Regional Insights:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Alpex Solar Pvt. Ltd., Aquasub Engineering, Bright Solar Limited, C.R.I. Pumps Private Limited, Crompton Greaves Consumer Electricals Limited, Duke Plasto Technique Private Limited, KSB SE & Co. KGaA, Oswal Pumps Ltd., Rainbow Power Company Ltd., SAMKING Solar Pump, Shakti Pumps India Limited, Solar Power & Pump Company LLC, Tata Power Solar Systems Limited.

Automotive Plastics Market Size, Leading Players & Revenue Report 2028

IMARC Group, a leading market research company, has recently releases report titled “Automotive Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global plastics automotive market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What are Automotive Plastics?

Automotive plastics are specialized materials designed to enhance various aspects of vehicles, including safety, structure, performance, aesthetics, and functionality. They encompass a range of materials such as polypropylene (PP), acrylonitrile butadiene styrene (ABS), nylon, polyethylene (PE), polyoxymethylene (POM), polyurethane (PU), polyvinyl chloride (PVC), polycarbonate (PC), and more. These automotive plastics offer multiple benefits, including prolonging the lifespan of automobiles, reducing manufacturing costs, enabling greater design flexibility, and facilitating the integration of components. Moreover, automotive plastics play a significant role in reducing the weight of vehicles by replacing heavier materials like glass and metal. This weight reduction not only contributes to energy savings but also enhances fuel efficiency. Consequently, automotive plastics are extensively utilized in various automotive applications, including powertrains, electrical components, interior and exterior furnishings, under the hood, chassis, and more.

How big is the automotive plastics market?

The global automotive plastics market size reached US$ 40.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 53.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

What Are the Growth Prospects and Trends in The Automotive Plastics Industry?

The automotive plastics market is being driven by the widespread adoption of hybrid vehicles (HVs) worldwide. Additionally, there is a growing demand for automotive plastics in various applications such as wheel covers, suspension bushings, dashboards, carpet fibers, fuel tanks, truck bed liners, mud flaps, bumpers, gears, headlamp lenses, and more, which is further fueling the market growth. Furthermore, the increasing need for synthetic coatings on metal surfaces to protect against corrosion caused by heat, salt, and water exposure is contributing to the market expansion. Furthermore, continuous advancements in technology and significant research and development efforts by leading manufacturers are playing a crucial role in the growth of the market. Moreover, the use of nylon in the production of seat belts and airbags due to its tear-resistant properties is also contributing to the market growth. Additionally, the rising popularity of luxury and premium cars, driven by increasing consumer spending capacity and improving living standards, is expected to drive the automotive plastics market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Vehicle Type:

  • Conventional and Traditional Vehicles
  • Electric Vehicles

Breakup by Material:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyurethane (PU)
  • Polymethyl Methacrylate (PMMA)
  • Polycarbonate (PC)
  • Polyamide
  • Others

Breakup by Application:

  • Powertrain
  • Electrical Components
  • Interior Furnishings
  • Exterior Furnishings
  • Under the Hood
  • Chassis

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Asahi Kasei Corporation
  • BASF SE
  • Borealis AG
  • Covestro AG
  • Dow Inc.
  • Koninklijke DSM N.V.
  • Lanxess AG
  • Lear Corporation
  • LyondellBasell Industries N.V.
  • Saudi Basic Industries Corporation
  • Solvay S.A and Teijin Limited

Peripheral Artery Disease Market Size, Growth Analysis 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Peripheral Artery Disease Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global peripheral artery disease market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Peripheral Artery Disease Market

Peripheral Artery Disease (PAD) is a circulatory condition that occurs when there is a narrowing or blockage in the arteries that supply blood to the limbs, particularly the legs. It is caused by a buildup of plaque, which consists of cholesterol, fat, calcium, and other substances, on the inner walls of the arteries. This buildup restricts blood flow and oxygen supply to the muscles and tissues in the affected area, leading to symptoms such as leg pain, cramping, weakness, and difficulty walking. If left untreated, PAD can progress and increase the risk of serious complications, including non-healing wounds and infections, gangrene, and even limb amputation. Risk factors for PAD include smoking, diabetes, high blood pressure, high cholesterol, obesity, and a sedentary lifestyle. Early detection and management of PAD are crucial to prevent its progression and improve the patient’s quality of life. Treatment options may include lifestyle changes, medication, exercise therapy, and in severe cases, interventional procedures or surgery to restore blood flow to the affected arteries. Regular check-ups and maintaining a healthy lifestyle are essential to managing PAD effectively.

How Big is the Peripheral Artery Disease Market?

The global peripheral artery disease market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.94% during 2023-2028.

Global Industry Trends and Drivers:

The Peripheral Artery Disease (PAD) market is witnessing significant growth, driven by various industry trends and drivers. One of the primary factors contributing to market expansion is the increasing prevalence of PAD, especially in the aging population. As the global population ages, the incidence of PAD is rising, leading to a higher demand for effective diagnostic and treatment solutions. Advancements in medical technology and innovative treatment options are also boosting the PAD market. Improved imaging techniques, minimally invasive procedures, and novel drug therapies are enhancing patient outcomes and driving the adoption of PAD treatments. Moreover, the growing awareness about PAD and its risk factors among healthcare professionals and patients is encouraging early diagnosis and timely intervention. Early detection of PAD allows for better management and reduces the risk of complications, thereby positively impacting the market growth. In addition, the rising healthcare expenditure and increasing investments in research and development activities are fueling the development of new and more efficient PAD therapies. This has led to the introduction of novel drugs and medical devices, further propelling market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Peripheral Angioplasty Balloons
  • Peripheral Stents
  • Peripheral Catheters
  • Inferior Vena Cava (IVC) Filters
  • Plaque Modification Devices
  • Hemodynamic Flow Alteration Devices
  • Peripheral Accessories

Breakup by End User:

  • Hospitals
  • Specialty Clinics
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Abbott Laboratories, AngioDynamics, B. Braun Melsungen AG, Becton Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Cook Medical LLC, Koninklijke Philips N.V., Medtronic plc and Terumo Corporation.

Frozen Bakery Products Market Size, Trends and Growth Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Frozen Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global frozen bakery products market share, report, size, growth, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Frozen Bakery Products Market

Frozen bakery products are baked goods that are prepared and frozen to extend their shelf life and maintain their quality. They include bread, pastries, cakes, and muffins which can be reheated and cooked before consumption. They have a longer shelf life compared to their fresh counterparts, which reduces waste and allows consumers and retailers to stock up and ensure availability. They offer consistent quality, taste, and texture, and the convenience of “heat and eat,” and save preparation time and effort. They offer a convenient option for quick and quality meals and snacks at home and in large-scale catering services for events or institutional settings due to their convenience and consistency. They are easier to transport and store due to their stabilized state, which makes them suitable for domestic and commercial use. Besides this, they allow efficient production schedules and better inventory management.  Moreover, their natural preservation through freezing reduces the need for additional chemical preservatives.

How Big Is the Frozen Bakery Products Market?

The global frozen bakery products market size reached US$ 29.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

Rapid urbanization and the increasing working population represent some of the key factors catalyzing the demand for convenient food options like frozen bakery products. Additionally, with more people working longer hours, there is less time for traditional baking at home, which is increasing their reliance on ready-made options. Along with this, the busy lifestyles of individuals are driving the demand for easy-to-prepare and ready-to-eat (RTE) food items. Apart from this, the leading producers are incorporating healthier ingredients like whole grains and reduced sugar, which is attracting health-conscious consumers. Moreover, the proliferation of the e-commerce industry and the increasing consumer reliance on online retail channels is offering a favorable market outlook. Online grocery shopping allows consumers to easily purchase and replenish their stock of frozen bakery items. Furthermore, continuous improvements in logistics and supply chain efficiencies are making it easier to distribute frozen bakery products across regions and increasing their accessibility to a larger population. Besides this, the emergence of niche markets like keto-friendly, organic, and culturally specific frozen bakery products is catering to specialized consumer needs. In addition, the rising trend of bundling frozen bakery items with other meal components in ready-to-cook kits is strengthening the growth of the market. Furthermore, growing environmental concerns and advancements in sustainable packaging for frozen goods are attracting eco-conscious consumers. Moreover, the increasing use of standardized production and freezing methods is ensuring a consistent product supply and creating a positive outlook for the market. The expansion of hotels and restaurants and the inclusion of frozen bakery products in various dishes and refreshing beverages are propelling the market growth.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product Type:

  • Bread and Rolls
  • Cakes and Pastries
  • Cookies and Biscuits
  • Others

Breakup by Distribution Channel:

  • Artisan Baker
  • Retail
  • Catering
  • Online Channel

Breakup by End User:

  • Retail
  • Food Service Industry
  • Food Processing Industry

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Aryzta AG, Associated British Foods plc, Bridgford Foods Corporation, Conagra Brands Inc., Dawn Food Products Inc., Europastry S.A., Flowers Foods, General Mills Inc., Kellogg Company, Lantmännen, TreeHouse Foods Inc. and Vandemoortele.

Solar Photovoltaic Glass Market Size, Growth and Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Solar Photovoltaic Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global solar photovoltaic glass market report, share, growth, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Solar Photovoltaic Glass Market

Solar photovoltaic (PV) glass represents a specially engineered construction glass that uses transparent semiconductor-based PV or solar cells to convert solar energy into electricity. Generally installed on windows, skylights, roofs, or façades, these types of mirrors are used to generate energy to power an entire building. A super transparent float glass is used for thin film solar cells, whereas an ultra-clear figured mirror cover is utilized for crystalline silicon photovoltaic cells. As solar PV glass technology uses sustainable sources of power, it is gaining traction across the globe while gradually replacing conventional building materials in the residential and commercial segments.

 

How Big Is the Solar Photovoltaic Glass Market?

The global solar photovoltaic glass market size reached US$ 178.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 211.9 Billion by 2028 exhibiting a CAGR of 12.1% during 2023-2028.

Solar Photovoltaic Glass Market Trends and Drivers:

The shifting preferences for green construction, on account of an enhanced focus on sustainable development, are primarily augmenting the solar photovoltaic glass market. Furthermore, the launch of numerous favorable government initiatives supporting the erection and upgradation of solar PV plants to promote the use of clean energy is positively influencing the global market. Apart from this, continuous product innovations, such as the introduction of more efficient and ergonomic photovoltaic glass variants with superior thermal insulation, are acting as significant growth-inducing factors. Moreover, the reduced production costs of solar PV mirrors, owing to the increasing deployment of feed-in tariff (FIT) programs, are also bolstering the market growth. Besides this, the growing concerns regarding the depletion of fossil fuels and the rising need to limit environmental degradation are further catalyzing the global market. Additionally, extensive research and development (R&D) activities by market players are expected to drive the solar photovoltaic glass market in the coming years.
Global Solar Photovoltaic Glass Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: AGC Glass Europe (AGC Inc), Borosil Limited, Compagnie de Saint-Gobain S.A., Flat Glass Group Co. Ltd., GruppoSTG, Interfloat Corporation, Kaneka Corporation, Nippon Sheet Glass Co. Ltd., Shenzhen Topraysolar Co. Ltd., Sisecam, Taiwan Glass Industry Corporation and Xinyi Solar Holdings Limited.

The report segmented the market based on type, module and end use industry.

Breakup by Type:

  • Anti-Reflective Coated Glass
  • Tempered Glass
  • TCO Glass
  • Others

Breakup by Module:

  • Crystalline Silicon PV Modules
  • Amorphous Silicon PV Modules
  • Thin Film PV Modules

Breakup by End Use Industry:

  • Residential
  • Non-Residential
  • Utility

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Smart Meters Market Size, Growth and Industry Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Smart Meters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global smart meters market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Smart Meters Market

Smart meters are advanced energy meters that digitally track and record electricity, gas, or water consumption in real-time. Unlike traditional meters, smart meters provide two-way communication capabilities, allowing utility companies to remotely monitor and manage energy usage without the need for manual meter reading. These devices offer numerous benefits, including accurate and detailed consumption data, improved billing accuracy, and the ability to identify and address energy inefficiencies. Smart meters enable consumers to monitor their energy usage more effectively, encouraging energy conservation and cost savings. They also facilitate the integration of renewable energy sources and support the development of smart grids by enabling real-time monitoring and load management. Overall, smart meters play a crucial role in modernizing the utility industry and promoting energy efficiency.

How Big Is the Smart Meters Market?

The global smart meters market size reached US$ 22.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028.

Global Industry Trends and Drivers:

The smart meters market is driven by several industry trends and drivers that shape its growth and development. One significant trend is the increasing focus on energy conservation and sustainability. Governments and regulatory bodies are implementing policies and initiatives to promote smart grid infrastructure and the adoption of smart meters. Smart meters enable consumers to monitor their energy usage in real-time, encouraging efficient energy consumption and reducing carbon footprints. Another driver is the need for accurate and reliable metering and billing systems. Smart meters provide more precise data on energy consumption, eliminating estimation errors and improving billing accuracy. This enhances customer satisfaction and reduces disputes between utility companies and consumers. Additionally, smart meters enable flexible pricing options, such as time-of-use tariffs, which incentivize consumers to shift their energy usage to off-peak hours, balancing the load on the grid and reducing strain during peak demand periods.

Technological advancements and digital transformation are also driving the smart meters market. The integration of advanced communication technologies, such as wireless connectivity and internet of things (IoT) capabilities, enables seamless data collection, remote monitoring, and real-time analytics. This enables utilities to optimize their operations, detect faults or leakages, and efficiently manage energy distribution. The increasing deployment of renewable energy sources, such as solar and wind power, is another driver for smart meters. Smart meters facilitate the integration of renewable energy into the grid by providing real-time data on energy generation and consumption. This enables utilities to balance supply and demand, manage grid stability, and support the transition to a more sustainable energy mix.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product:

  • Smart Electricity Meter
  • Smart Water Meter
  • Smart Gas Meter

Breakup by Technology:

  • AMI (Advanced Metering Infrastructure)
  • AMR (Automatic Meter Reading)

Breakup by End Use:

  • Residential
  • Commercial
  • Industrial

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Aichi Tokei Denki Co. Ltd., Apator SA, Arad Group, Badger Meter Inc., Diehl Stiftung Co. KG, Holley Technology Ltd., Itron Inc., Landis+Gyr, Neptune Technology Group Inc. (Roper Technologies Inc.), Schneider Electric SE, Sensus USA Inc. (Xylem Inc.), Shenzhen Kaifa Technology Co. Ltd. and Zenner International GmbH Co. KG.

Contract Packaging Market Size, Share, Industry Trends and Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global contract packaging market leaders, size, growth, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big Is the Contract Packaging Market?

The global contract packaging market size reached US$ 63.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 103.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.05% during 2023-2028.

What is Contract Packaging?

Contract packaging, or co-packaging, provides businesses with the option to outsource their packaging and supply chain needs to other companies. It encompasses tasks such as primary and secondary packaging of finished goods, building point-of-purchase (POP) displays, managing inventory, and distributing products to the market or directly to consumers. Contract packaging offers access to resources, including printing services, a skilled labor force, and research and development (RD) capabilities. It is commonly employed in bulk manufacturing and cargo shipping. Consequently, contract packaging finds extensive applications across several sectors, such as pharmaceuticals, retail, personal care, etc.

Global Industry Trends and Drivers:

The contract packaging market is primarily driven by the increasing demand for the service across various end-use industries in order to meet the needs of a rapidly expanding global population. Furthermore, the elevating focus among the leading market players on incorporating features including child-resistant packaging, serialization, and tamper-evident solutions that adhere to the strict standards set by government organizations is acting as another significant growth-inducing factor. Besides this, the growing need for contract packaging solutions from the retail industry to reduce costs and enhance product presentation, bulk packaging, assembly, labeling, and packaging design is also positively influencing the global market. Moreover, the shifting consumer preference towards online shopping and the rising adoption of home delivery models are further catalyzing the market growth. Apart from this, the introduction of environmentally friendly packaging options, owing to the escalating awareness of the adverse effects of plastic materials, is expected to propel the contract packaging market over the forecasted period.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Packaging Type:

  • Primary
  • Secondary
  • Tertiary

Breakup by Material:

  • Plastic
  • Metal
  • Glass
  • Paper and Paperboard

Breakup by Service:

  • Bottling
  • Bagging/Pouching
  • Lot/Batch and Date Coding
  • Boxing and Cartoning
  • Wrapping and Bund
  • Labelling
  • Clamshell and Blister
  • Others

Breakup by End Use Industry:

  • Food and Beverage
  • Pharmaceutical
  • Electronics
  • Personal care
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

  • Aaron Thomas Company Inc.
  • AmeriPac
  • Assemblies Unlimited Inc.
  • Co-Pak Packaging Corporation
  • Hollingsworth
  • Kelly Products Incorporated
  • Marsden Packaging Ltd.
  • Multi-Pack Solutions LLC
  • Reed-Lane. Inc.
  • Sonic Packaging Industries Inc.
  • Sterling Contract Packaging Inc.
  • Unicep Packaging LLC (Silgan Holdings Inc.)

Blockchain In Retail Market Size, Growth Analysis & Forecast 2023 to 2028

IMARC Group, a leading market research company, has recently releases report titled “Blockchain In Retail Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global blockchain in retail market size, analysis, trends, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Blockchain In Retail Market

Blockchain in retail refers to decentralized and distributed ledger technology (DLT) that relies on cryptography to record digital transactions in the retail industry. It can improve inventory management by providing real-time visibility of inventory levels and movements to reduce the risk of overstocking or stockouts and improves overall inventory efficiency. It can also help reduce transaction costs and enhance cross-border transactions. It can enable retailers to gather and analyze customer data more effectively, which provides valuable insights into consumer preferences and behaviors. It can be utilized to facilitate faster and more secure payment and settlement processes.

How big is the Blockchain In Retail Market?

The global blockchain in retail market size reached US$ 370.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 5,681.7 Million by 2028, exhibiting a growth rate (CAGR) of 54% during 2023-2028.

What Are the Growth Prospects and Trends in The Blockchain In Retail Industry?

The increasing adoption of transparent transactions in the retail industry to build trust between suppliers, companies, and customers represents one of the primary factors fostering the market growth around the world. In addition, the rising use of blockchain in retail to streamline inventory management by providing accurate and up-to-date records of inventory levels, which reduces the risk of overstocking and stockouts, is contributing to the market growth. Apart from this, the growing adoption of blockchain in retail to provide retailers with real time data on sales, inventory, and customer behavior, which enable faster decision making and strategic planning, is creating a positive outlook for the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Solution:

Unified Communication and Collaboration

Enterprise Social Collaboration

Project and Team Management

Document Management System

Breakup by Deployment Mode:

Public Cloud

Private Cloud

Hybrid Cloud

Breakup by Organization Size:

Small and Medium-sized Enterprises

Large Enterprises

Breakup by End Use Industry:

BFSI

IT and Telecommunication

Media and Entertainment

Education

Healthcare and Life Sciences

Government and Public Sectors

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Services Technologies (P) Ltd, Cognizant, Infosys Limited, International Business Machines Corporation, Oracle Corporation, Reply, SAP SE, Sofocle Technologies Pvt. Ltd. and Tata Consultancy Services Limited (Tata Group).

Micro Lending Market 2023 Insights with Key Innovations Analysis by 2028

IMARC Group, a leading market research company, has recently releases report titled “Micro Lending Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global micro lending market size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Micro Lending Market

Micro-lending, also referred to as microcredit, involves the practice of extending modest loans to individuals, typically those with limited access to conventional banking services. The primary objective is to bolster their entrepreneurial pursuits and mitigate poverty. Micro-lending is geared towards delivering financial solutions to individuals with lower incomes, frequently in developing nations, who encounter challenges in accessing collateral, credit history, or formal employment. These loans are generally of modest denominations and are utilized to establish or expand small enterprises, finance ventures generating income, or fulfill essential necessities. Micro-lending entities, such as microfinance banks or non-governmental organizations (NGOs), are instrumental in providing these loans. They appraise loan applications based on the borrower’s character, business proposal, and repayment capacity, diverging from traditional credit assessments. Furthermore, micro-lenders often furnish recipients with financial literacy education, business advancement services, and continuous support. This comprehensive approach aims to augment borrowers’ aptitude for financial management and enhance their prospects of achievement.

How Big Is the Micro Lending Market?

The global micro lending market size reached US$ 189.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 353.9 Billion by 2028, exhibiting a growth rate (CAGR) of 10.75% during 2023-2028.

Global Industry Trends and Drivers:

The micro-lending market is undergoing transformation due to significant trends and drivers that are shaping its expansion and evolution. Foremost, there is a rising acknowledgment of the pivotal role played by micro-lending in alleviating poverty and fostering inclusive economic development. Governments, international organizations, and impact investors are progressively backing micro-lending initiatives, extending funding to broaden microcredit access within underserved communities. Furthermore, technological advancements and the emergence of digital platforms have facilitated the broadening of micro-lending services. Mobile banking, digital payment systems, and online loan application procedures have simplified the process for micro-lenders to engage a larger customer base, offering efficient and convenient financial solutions. This digital shift is propelling market growth and enhancing financial inclusion, particularly in regions with limited banking infrastructure. In parallel, an escalating emphasis is placed on social and environmental impact investing, with investors actively seeking opportunities to effect positive change while generating financial returns. Micro-lending aligns harmoniously with the objectives of impact investing, targeting marginalized populations and nurturing sustainable entrepreneurship. The mounting demand for socially responsible investments is consequently driving the expansion of the micro-lending market.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Provider:

  • Banks
  • Micro Finance Institute (MFI)
  • NBFC (Non-Banking Financial Institutions)
  • Others

Breakup by End User:

  • Small Enterprises
  • Micro Enterprises
  • Solo Entrepreneurs and Self-Employed

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

American Express Company, BlueVine Inc., Funding Circle, Lendio Inc., Lendr, Manappuram Finance Limited, NerdWallet, On Deck Capital (Enova International) and StreetShares Inc. (MeridianLink).

Food Grade Alcohol Market Size, Trends, Industry Growth and Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Food Grade Alcohol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global food grade alcohol market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Food Grade Alcohol Market

Food grade alcohol refers to alcohol that is safe for human consumption and meets the specific quality standards and regulations set by regulatory authorities for use in the food and beverage industry. It is primarily used as an ingredient in the production of various food and beverage products. Food grade alcohol can be derived from various sources, including grains, fruits, or sugar cane, and it undergoes a distillation process to achieve high purity levels. Food grade alcohol is commonly used in the production of alcoholic beverages, such as beer, wine, and spirits. It serves as the main alcoholic component and contributes to the flavor, aroma, and overall quality of the beverage. Additionally, it is used in the production of flavor extracts, tinctures, and culinary applications where alcohol is required as a solvent or preservative.

How Big Is the Food Grade Alcohol Market?

The global food grade alcohol market size reached US$ 8.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

Global Industry Trends and Drivers:

The Food Grade Alcohol market is influenced by several industry trends and drivers that shape its growth and dynamics. One significant trend is the increasing demand for premium and craft alcoholic beverages. Consumers are showing a growing interest in unique flavors, high-quality ingredients, and artisanal products, which drives the demand for food grade alcohol as a key ingredient in the production of these beverages. Health consciousness and the preference for natural and organic products are also driving the market. Food grade alcohol derived from organic sources and produced using sustainable methods appeals to health-conscious consumers who seek clean-label products. The expanding food and beverage industry, along with the growing number of restaurants, bars, and hotels, is another driver for the food grade alcohol market. As the foodservice sector continues to grow globally, there is a rising demand for food grade alcohol to cater to the beverage needs of these establishments. Government regulations and policies play a crucial role in shaping the food grade alcohol market. Stringent quality standards, safety regulations, and labeling requirements set by regulatory bodies ensure that food grade alcohol meets the necessary criteria for human consumption.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product:

  • Ethanol
  • Polyols

Breakup by Source:

  • Molasses and Sugarcane
  • Fruits
  • Grains
  • Others

Breakup by Function:

  • Coatings
  • Preservative
  • Coloring and Flavoring Agent
  • Others

Breakup by Application:

  • Healthcare and Pharmaceutical
  • Food
  • Beverages
  • Personal Care
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Archer-Daniels-Midland Company, Cargill Incorporated, Cristalco, Ethimex Ltd, Extractohol, Glacial Grain Spirits, Grain Processing Corporation (Kent Corporation), Manildra Group, MGP Ingredients Inc., Molindo Group, Pure Alcohol Solutions, Roquette Frères and Wilmar Sugar Pty Ltd. (Wilmar International Limited).