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Showing posts from February, 2020

Plastic Tube Packaging for Food Market Is Predicted To Grow At 6.02% CAGR Over the Forecast Period

According to the Market research Future (MRFR), the global Plastic Tube Packaging for Food market is expected to show significant growth at 6.02% CAGR over the forecast period of 2017 to 2023.  It is also driven by the constant growth in the packaging industry and innovative packaging and improving barrier properties. The rising adoption of lightweight rigid plastics is estimated to contribute to market growth over the forecast period. Lightweight packaging has gained popularity among consumers and manufactures since it reduces the cost and expenditure of transportation and carriage, leading to affordability for consumers and increased profits for manufacturers. The end users have become increasingly aware of sustainable packaging which has brought changes in the market growth. Manufacturers are slowly adopting modern packaging techniques and discarding traditional Plastic Tube Packaging for Food methods to sustain in the market due to the growing innovation and trends of the market

Retort Packaging Market Size is expected to reach approximately USD 42.05 Billion by 2023

Retort packaging is developed from heat resistant laminated plastic and metal foil and allows the sterile packaging of food & beverages. Market Research Future has performed an in-depth study of the global Retort Packaging Market Size which has been found to be growing at a healthy CAGR of 7.5% during the assessment period from 2017 to 2023. MRFR has calculated that at the projected trajectory, the global  Retort Packaging Market Size  is expected to grow to reach a market value of 42.05 Bn by the end of 2023. Retort packaging helps provided packaged food & beverage with a long shelf life. Moreover, retort packaging destroys microorganisms and lends commercial sterility to packaged products. The increasing availability of disposable income in developing economies combined with the growing demand for packaged food, pet food, and baby food is expected to have a positive impact on the market. Highly hectic day to day schedules of consumers has resulted in the demand for conv

Packaging Printing Industry Trends - Market is expected to cross USD 180 Billion by 2022

Packaging is the technology which is used for protecting the products from storage and distribution purpose. Package printing is a type of label which is a written, electronic and graphical representation on the package. There is huge demand for the global Packaging Printing Industry Trends due to rise in manufacturing activities. The market is expected to grow at a CAGR of approximately 5%, and is expected to cross USD 180 Billion by 2022. On the basis of printing technology, the digital printing technology is expected to grow highest between the forecast periods because it is highly preferred for packaging printing. On the basis of application, food & beverage segment is expected to augment the demand for such printing during the forecast period. This is because of growing demand from the packaged and branded products. Asia-Pacific is expected to drive the  Packaging Printing Industry Trends  during the forecast period. Key Players The key players of global Packagin

Beverage Packing Market To Enhance Focus On Eco-Friendly Practices By 2022

Beverage Packing Market Scenario The beverage industry has seen massive investments for expansion and technological upgradation. The packaging of beverages both carbonated and non-carbonated, has gained lot of popularity in the packaging industry. The Beverage Packing is primarily driven by the increase in the consumption of beverages. Additionally, advancement in packaging technology also fuel the growth of this market. However, stringent government regulations may hamper the growth of Beverage Packing market. Beverage Packing market is expected to grow at CAGR of approximately 4% by 2022. The development of the Beverage Packing market is credited to the enormous investments that are being made for expansion and technological upgrades. The beverages made for consumption around the world need to be packaged in a certain manner to enhance the features and flavor of the drink.  Moreover, the package’s design ad its ability to be transported easily is expected to increase its ov

Automotive Industry Share to Grow at 2.78% CAGR till 2024

The Automotive Industry Share has witnessed a significant uptick in production and sales in recent years mainly owing to an increased demand in emerging markets. At the same time, disruptive technologies are opening new avenue for the industry, which the focus steady shifting towards segments such as autonomous vehicles, electric vehicles and hybrid vehicles. Market Research Future (MRFR) projects that the global  Automotive Industry Share  will expand at a compound annual growth rate (CAGR) of 2.78% during the projection period (2018-2024). In terms of volume, the industry is expected to reach 1,13,366 thousand units by 2024 up from 96,804 thousand units in 2017. Infrastructure developments such as construction of highways and roads in developing countries has augured well for the automotive sector. Moreover, increased efforts to improve road transportation in order to caters the need of daily passengers is reflecting favourably on the sector. The Automotive Industry Share has

Hydrostatic Transmission Industry Eyeing for Upward Growth Trajectory

The global Hydrostatic Transmission Industry is expected to exhibit a steady 4% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global Hydrostatic Transmission Industry is expected to be driven by the growing demand for hydrostatic transmission in industrial and agricultural applications in place of conventional mechanical transmission. Hydrostatic transmission is a transmission system where power from the prime mover is delivered to the output unit through pressurized fluid rather than the conventional chain or belt mechanisms. Due to the absence of traditional “gears”, the transmission can be made extremely precise at any speed, which is a major benefit in industrial end uses. The  Hydrostatic Transmission Industry   is also driven by the increasing awareness of the high amounts of torque produced by hydrostatic transmission at low speeds, which is also a major benefit in industrial end uses. Due t

From Tensed Present to Future Perfect: Can Electric Vehicle (EV) Market the Leap?

The first one came out in between 1828 and 1835. Yes, electric car is that old. Edison worked tirelessly for better batteries. Ferdinand Porsche invented the first hybrid electric car in 1901. With such a history, why the trend faded out? The answer could be any of the following interest of the fuel marketeers, lack of charging infrastructure, speed, and many more. But the interest got renewed in the 1970’s. With depleting fuel reserve, skyrocketing fuel price, increasing carbon footprint, governments and innovators had to step in. And their initiatives are bearing fruits now. It could solve problems of gas-guzzling traffic and choked arteries of cities. Electric cars are now waiting for the right time to take the charge over from fuel cars. So, how far the problems have been resolved? A simple look at the current progress would provide a feasible prospect of transportation going electric real soon. Though electric cars account for just a fraction of cars on the road at present,

Automotive Gearbox Market Driven by Steady Growth of Automotive Industry

The global Automotive Gearbox market is expected to exhibit a strong CAGR of 6.4% over the forecast period from 2016 to 2023, according to the latest research report from Market Research Future (MRFR). The global Automotive Gearbox market is assessed in detail in the report to find the market’s leading drivers and restraints, major players, and leading segments. The  Automotive Gearbox Market  is mainly driven by the growth of the global automotive industry. The growing automotive industry is likely to remain the major driver for the global Automotive Gearbox market over the forecast period. Automotive Gearbox play a crucial role in automotive design by transferring the engine’s power to the wheels and allowing for multiple speeds. The “feel” of Automotive Gearbox is a crucial part of a car’s experience, as it is a key indicator of how the car was built and what it is intended to do. As a result, the Automotive Gearbox industry is likely to receive increasing investment from lead

Burgeoning Demand for Visual Appearance to Augment the Global Automotive Interior Material Market the Forecast (2020-2025)

Overview The Global Automotive Interior Material market is likely to touch USD 149.6 billion at an 8.72% CAGR over the forecast period (2020-2025), states the new Market Research Future (MRFR) report. Automotive interiors are a vital part of an automobile as this help to improve its ambiance and offer driving pleasure by maximizing the level of comfort both for the passengers and the driver. Global Automotive Interior Materials are used for manufacturing a wide array of automotive interior components including airbags, mattings, plastics, leather, roofing and flooring, and steering wheels. Following the increasing demand for a car’s visual appearance among consumers, automotive interiors are gaining popularity across the globe. Various factors are propelling the  Global Automotive Interior Material Market  growth. These factors, as specified by the Market Research Future (MRFR) report, include multiple innovations taking place in the Global Automotive Interior Materials indus

Automotive Head-Up Display (HUD) Market to Exhibit 22% CAGR by 2022

Automotive Head-Up Display (HUD) Market Overview An Automotive Head-Up Display (HUD) is referred to as a transparent display which is projected on the windshield of an automobile to present the same information that the person can get on the dashboard. An Automotive Head-Up Display (HUD) offers the projection of a speedometer, tachometer, as well as navigation system displays. Market Research Future (MRFR), in their latest launched report, have studied the global Automotive Head-Up Display (HUD).   Such report suggests that the global Automotive Head-Up Display (HUD) market will exhibit a 22% CAGR through the forecast period ending in 2022. Some of the factors contributing to the upsurge of the global  Automotive Head-Up Display (HUD) Market  include the mounting awareness towards safety features in automobiles among consumers and a proliferation in demand for luxury and premium automobiles. However, the light efficiency of these head-up displays is low due to the complex str