tmrFebruary 5, 2021 31
The global market for aluminum foil packaging features an extremely fragmented vendor landscape, with the leading 12 companies collectively holding only around 10.1% of the overall market in 2017, observes Transparency Market Research in a recent report. Alongside internal struggles in the way of attaining a larger hold of the market, external challenges such as easy availability of substitute packaging options continue to make the aluminum foil packaging continues to be intensely competitive. Focus on improved and more proliferative marketing strategies, expansion across emerging economies that are witnessing a vast rise in the number of modern retail outlets such as supermarkets and hypermarkets, and strategic collaborations with smaller players with well-developed distribution channels could help companies gain traction.
US$ 95 Bn by
3 % during the forecast period.
Global Automotive Chassis Systems Market:
According to the report, the global Automotive Chassis systems market is expected to expand at a CAGR of
3%, with rise in global production of vehicle
Revival of economy with rapid industrialization in emerging economies of Asia Pacific and Rest of the World is anticipated to drive the automotive chassis system market during the forecast period
Expansion of Global Automotive Chassis Systems Market
There has been an increase in construction activities in the developing countries of Asia Pacific and RoW. These construction activities depend highly on construction equipment vehicles. HCVs, and LCVs are also required for the transportation of raw materials from one point to another. Thus, these manufacturers of construction equipment vehicles need to constantly design the chassis system to suit the needs of construction activities in that particular area. This would fuel the demand for au
tmrFebruary 3, 2021 24
TMR anticipates that the ASEAN flexible packaging market is expected to witness growth with a CAGR of 5.7% during the forecast period between 2016 and 2024. This growth is primarily attributable to the high adoption of the advanced technologies coupled with robust investment in innovation and product improvement, which benefits market growth. Additionally, a robust increase in population coupled with rising their disposable income, which leads to increase the affordability of the advanced packaging materials. This factor is expected to propel market growth in the coming years and help it grab the value of US$6.71 bn by 2024-end. The market stood at a valuation of US$4.32 bn in 2015.
tmrFebruary 2, 2021
Transparency Market Research provides key insights on the plastic ampoules market in the report, titled “
Global Plastic Ampoules Market: Industry Analysis and Opportunity Assessment, 2019–2027.” In terms of value, the global plastic ampoules market is estimated to register a CAGR of
8.3% during 2019-2027, owing to various factors. In this report, TMR delivers detailed insights. The report includes a market research study on the global plastic ampoules market, which includes trend analysis and market assessment of manufacturing processes such as blow moulding and injection moulding.
Plastic ampoules are majorly preferred for the packaging of pharmaceutical liquids and chemicals. Low cost and highly secured packaging solutions offered by plastic ampoules have attracted the producers of spa, dental, cosmetics, and veterinary products as well. Many companies are gradually adopting plastic ampoules packaging for their products due to the rise in demand
tmrFebruary 1, 2021 12
The emergence of mosquito-borne diseases has triggered a demand for mosquito repellent candles across Europe, states the latest research report of Transparency Market Research. The growing possibility of malaria and dengue due to the constant inflow of travelers is expected to drive the demand for mosquito repellent candles across Europe during the forecast period. Furthermore, the benefits of these candles over other types of repellents such as liquids, coils, and ointments, have become their unique selling points, helping them carve a niche in the overall market. Candles do not emit harmful smoke or do not lead of dirt such as coils. Thus they are being preferred over conventional methods of repelling mosquitoes.