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Increasing Use of Glass Prefilled Syringes to Aid the Growth of the Global Prefilled Syringes Market

2019-04-09 17:32:26 | Business
Extensive research analysis associated with market valuation, applications, demand and sales of prefilled syringes has been covered in global prefilled syringes market, a new research report devised by Fact.MR recently. This research report gives a thorough analysis on the changing dynamics of the global market for prefilled syringes along with incisive insights on each market segment.

The research report on global prefilled syringes market includes insights on various aspects that drive the market, for instance, new trends, developments and factors that have aided the use of prefilled syringes thus fuelling their sales across regions. In addition, the research report also portrays major challenges faced by manufacturers of prefilled syringes, as well as restraints that have a negative influence on the growth of the global prefilled syringes market.

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According to Fact.MR analysis on prefilled syringes, the global market for prefilled syringes is anticipated to expand at a meteoric rate during the period of forecast. The global prefilled syringes market is poised to grow at a volume CAGR of 9.1% during the period of assessment, 2017-2026 and the sale of prefilled syringes across the globe is estimated to cross US$ 11 Bn by end of the year of assessment (2026).

Increasing Use of Glass Prefilled Syringes to Aid the Growth of the Global Prefilled Syringes Market

Prefilled syringes come in two types of material, namely plastic and glass. Glass prefilled syringes are a widely used drug injectable system for parenteral drugs owing to its compatible features, for instance, higher stability, oxygen permeability and non-reactive nature. However, the main challenge of glass prefilled syringes is their fragile nature. Glass prefilled syringes require high caution while storing or transportation, in the absence of which, loss of injectable drugs can take place. On the other hand, plastic prefilled syringes are also witnessing increased demand, with introduction of advanced plastic material that removes the chances of reaction of drug with inner walls of the syringe, thereby maintaining the pH level of the medicine.

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Sale of Prefilled Syringes in North America to Remain at the Forefront, as Compared to Other Regions

According to Prefilled Syringes West Coast Conference held in 2017, the use of prefilled syringes in North America have gained high demand with increasing need for safety, patient satisfaction and high quality. Counters in North America, especially the United States, are reflecting higher expenditure on injectable drug delivery systems, for instance development of composite polymer prefilled syringes. These syringes have high break resistance. In addition the needle is attached with use of insert molding procedure, thus eliminating the use of tungsten and glue, increasing their sterilization levels.

The research report on global prefilled syringes market has profiled many such key companies involved in the manufacturing of prefilled syringes, such as Unilife Corporation, Sterinova, SHL Group, NIPRO, Bespak, AptarGroup, West Pharmaceutical Services Inc., Vetter Pharma International GmbH, Stevanato Group, SCHOTT AG, Gerresheimer, Medtronic, Baxter International Inc., Terumo Medical Corporation and Becton Dickinson and Company.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Heavy Duty Bags & Sacks Market: Plastic Heavy Duty Bags & Sacks to Witness Maximum Demand

2019-04-09 17:13:39 | Business
 A new report provides a 10-year forecast and thorough analysis of the global heavy duty bags & sacks market. It offers historical data for the period of 2013-2017 and forecast between 2018 and 2028 regarding the growth of market volume and revenue. The study on global heavy duty bags & sacks market includes both macroeconomic and industry-specific factors of the market as well as its performance on the packaging market at the global level. In addition, it details key information on drivers, restraints, and latest trends of the global heavy duty bags & sacks market, while identifying opportunities for manufacturers of heavy duty bags & sacks. The business intelligence also includes value chain analysis in order to offer comprehensive insights of the heavy duty bags & sacks market to the report audience.

Heavy duty bags & sacks have been gaining high demand in the past few years for their ability to sustain more weight compared to conventional bags. The global heavy duty bags & sacks market is estimated to register a 4% value CAGR over the assessment period of 2018-2028.

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Steady growth of the global heavy duty bags & sacks can be attributed to the advantages of these bags including low thickness, high strength, excellent durability as well as reusability. With an ability to uphold greater volume of materials, preference for heavy duty bags & sacks is increasing across a number of end-use industries such as agriculture, chemicals & fertilizers, food & beverages, and others. These key factors are expected to be highly impactful on the expansion of heavy duty bags & sacks market.

Industrialization to Promote Growth of Heavy Duty Bags & Sacks Market in APEJ

Rapid growth in industrialization and construction activities, especially in emerging economies such as China and India, are likely to boost the demand for heavy duty bags & sacks in APEJ, which is anticipated to outperform Western Europe as the most lucrative region for the market through 2028.

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Although the global heavy duty bags & sacks market has been forecast to maintain a positive outlook over the forecast period, more availability of alternative options such as flexible intermediate bulk containers (FIBCs) will may negatively affect the market. These containers are gaining increasing momentum among various end users of heavy duty bags & sacks, for their ability handle more heavy weight. Shift in preference toward bulk bags and their increasing demand from end users and organizations may become a daunting challenge for leading players in heavy duty bags & sacks market.

Global Heavy Duty Bags & Sacks Market Segmentation

Based on capacity, the global heavy duty bags & sacks market is segmented into: less than 20 kg, 20 - 40 kg, and above 40 kg.

On the basis of material type, the global heavy duty bags & sacks market is segmented into: paper, plastic (LDPE, PP, HDPE, LLDPE, polystyrene, and others), and jute.

Based on product type, the global heavy duty bags & sacks market is segmented into: open mouth, gusset bags, woven sacks, pasted valve, and trash sacks, rubble sacks.

On the basis of end-use, the global heavy duty bags & sacks market is segmented into: food, building & construction, chemical & fertilizers, automotive, agriculture, and others.

Some of leading players participating in the global heavy duty bags & sacks market are Mondi Group, Novolex, Nihon Matai Co., Ltd, Seevent Plastics Ltd., Wooderson Packaging Ltd, Segezha Group LLC, LC Packaging International B.V., Berry Global, Inc., MegaSack Corporation, Global-Pak Inc., Al-Tawfiq Company, Muscat Polymers Pvt. Ltd, ProAmpac LLC, Sonoco Products Company, Amcor, Bemis Company, Inc., TMR Woven Bags and Sacks, and Wenzhou SMOO Bags.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Disposable Cutlery Market: Wood-Based Disposable Cutlery Takes Center Stage

2019-04-09 17:01:47 | Business
A recently compiled report of Fact.MR, titled “Disposable cutlery Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028,” gives a comprehensive analysis on global disposable cutlery market. Size of disposable cutlery market has been evaluated for the forecast period (2018-2028), and has been provided in terms of value (US$ Bn) and volume (tons). The report also offers a thorough analysis and forecast on primary segments and the competitive landscape of disposable cutlery market.

The disposable cutlery market is anticipated to continue its growth on account of the growing on-the-go consumers, coupled with the burgeoning consumer awareness about the consequential health impact associated with plastic usage. In terms of revenue, Fact.MR study on global disposable cutlery market envisaged that disposable cutlery market will accelerate at 4.7% CAGR during the study period (2018-2028), on the back of the myriad factors provided in the disposable cutlery market report.

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Fact.MR report on disposable cutlery market opines that disposable cutlery is likely to witness wide sales owing to the paradigm transition in consumer preference for low cost, grab-and-go, and easy-to-carry food packaging options. Further, the disposable cutlery market report perceives that it isn’t feasible for brand owners and manufacturers to offer completely biodegradable plastic-based disposable cutlery. Additionally, the disposable cutlery market will also witness traction on the back of disposable cutlery’s functional attributes, including lightweight, cost-effectiveness, and convenient features, which are expected to create opportunities for manufacturers to tap.

Adoption of Plant-Based Raw Materials Becomes Mainstream

The growing use of plastic every day is creating a lot of plastic waste, due to which regulatory authorities in various countries have imposed bans on plastic use. To comply with the stringent plastic rules in tandem with the urge to curb this menace, several foodservice packaging manufacturers have transitioned to plant-based raw materials for manufacturing disposable packaging materials, such as disposable cutlery, trays, plates, and bowls, to name a few.

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Geographically, as per the report, global disposable cutlery market is likely to witness an elevated level of consumer preference and popularity mainly in the regions, including Asia Pacific, Western Europe, and North America. Disposable cutlery manufacturers are eyeing the brimming potential growth opportunities offered by Asia Pacific disposable cutlery market, which is accelerating as consumers’ sense the hygiene value of disposable cutlery over traditionally used metal cutlery. The plethora of food hubs, instant delivery restaurants, in tandem with growth in enhanced public infrastructure are some other factors which are likely add to the growing disposable cutlery traction in Asia Pacific during the foreseeable period. The region is also expected to lead disposable cutlery market growth, undergird by substantial increase in disposable income of the middle class.

Some of the leading players mentioned in the Fact.MR report on global disposable cutlery market include –  Dixie Consumer Products, Taizhou Fuling Plastics, Huhtamäki Oyj, Natural Tableware, Lollicup (USA), Pactiv LLC, Dart Container Corporation, Eco-Products, Biopac UK Ltd, Fast Plast A/S, Novolex Holdings, Inc., DOpla S.p.A., Genpak, LLC, Hosti International, Duni, D&W Fine Pack LLC, Gold Plast SpA, FLO sPa, Reynolds Consumer Products (Hefty), Georgia-Pacific LLC, Hotpack Group, Anchor Packaging Inc., Vegware Ltd, Snapcups, and DOpla.

Increasing Number of F&B Chains Present Lucrative Opportunities for Coffee Machine Market

2019-04-09 16:50:38 | Business
Fact.MR has compiled a new research on the coffee machine market and published a report titled, “Coffee Machine Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2018 to 2027.” The coffee machine market report provides a comprehensive outlook of the coffee machine market for the historical period 2013-2017 and forecast period 2018-2027. The coffee machine market analysis is backed by a thorough assessment of associated industries, market drivers, opportunities, challenges and trends prevailing in the coffee machine marketplace.

Coffee machine is an electrical appliance which is used to brew coffee. A different types of coffee machines working on different brewing principles are available in the market. Coffee ingredients are added separately in the coffee machine which are then processed in the machine to make ready brewed coffee.

Global coffee machine sales are likely to reach 58,675 thousand units in 2019, growing at over 4% over 2018, according to a Fact.MR study. As coffee machines gain prominence in traditional as well as non-traditional coffee drinking markets, the growth trajectory of the market will witness a steady rise.

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The Fact.MR report tracks the coffee machine market for the period 2018-2027. According to the report, the coffee machine market is projected to grow at 4.6% CAGR through 2027.

Demand Trends in Coffee Machine Market Differ among Tier 1 and Tier 2 Cities

While coffee machine plays a crucial role in the coffee shop industry, adoption trends of different types of coffee machines differ according to the location of the café. Coffee shops make their own coffee machine selection across cities. For instance, in Tier 1 cities, famous brands of coffee shops prefer high priced premium coffee machine brands.

On the other hand, coffee shops in Tier 2 cities, with their tight budget cannot afford coffee machines whose prices are comparable to the capital investment involved in shop opening. The differing levels of adoption lead to variable purchase prices of coffee machines across cities.

Growing fast food demand and evolving needs of of time-pressed consumers have led to an impressive growth of F&B chains in major world countries. The growth is further fuelled by mushrooming of convenience stores, fast food chains and bakeries. In particular, convenient stores are the prime destinations of coffee purchase among coffee lovers.

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The coffee machine market is thoroughly studied for the demand trends and potential opportunities in the industry landscape. Based on the comprehensive analysis, the coffee machine market is segmented in the most viable categories to derive an all-inclusive outlook of the coffee machine market.

The coffee machine market is segmented on the basis of product type, technology, end-use and sales channel. Based on product type, the coffee machine market is segmented in capsule, drip and steam. Based on technology, the coffee machine market is categorized in manual, semi-automatic and automatic coffee machines.

The coffee machine market is segmented based on sales channel wherein coffee machine distribution through retail sales, direct sales and online sales is analyzed. Based on end use, the coffee machine market is segmented in hotel, restaurant, café, institutional and residential.

The coffee machine market analysis is also carried out for key business regions including North America, Latin America, Europe, Japan, APEJ and MEA. Regional analysis is backed by a thorough country-wise analysis.factmr.com/media-release/814/coffee-machine-market

Copyright Management Presents a Lucrative Opportunity for Background Music Market

2019-04-09 16:39:28 | Business
A recently released report by Fact.MR titled, “Background Music Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027” provides invaluable and actionable insights into the background music market. The report on the background music market provides a comprehensive assessment of all the key factors driving the growth of the market along with apt explanations justifying the inclusion of the factors in the report. Additionally, the report presents a detailed analysis of all the macro and microeconomic facets which influence the background music market growth such as restraints, threats, opportunities, and challenges. A detailed assessment of the background music competitive landscape has also been propounded in the report.

 

According to a recent study of Fact.MR, the background music market is estimated to reach approximately US$ 650 Mn in 2019, registering a Y-o-Y growth at 6.4%. Building unique identity and increasing the consumer footfall are key factors that have been driving the adoption of background music among brick & mortar stores in recent years. These stores are also putting efforts toward strengthening their relationship with consumers using audio branding.

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Sales Remain Underpinned by Growing Adoption in Hospitality Industry

Background music plays a vital role in the hospitality industry, providing a medium to draw consumer attention. Online services are offering consumers the convenience to order food from the comfort of their homes, a trend which has caused a substantial reduction in the number of consumers visiting restaurants. To tackle the challenge, restaurants are offering comprehensive menus, in-house entertainment, superior services, and other value-added services to draw in customers with background music systems playing an integral part in adding value to the consumer experience. In addition to creating an immersive experience, fine-tuning playlists can potentially boost sales by influencing human behavior, with studies linking an increase in sales and consumptions of alcoholic drinks when subjecting consumers to uptempo background music.

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Market Structure

The report on background music market divides the background music market on the basis of end-use application and region.

On the basis of end-use application, the background music market can be segmented into retail stores, leisure and hospitality, public organization, cafes & restaurant, and others.

Co-working spaces continue to remain at the forefront of the growing demand for background music in corporate spaces. A number of co-working spaces are marketing it as a facility integrated to boost the productivity of the employees. Furthermore, music streaming services are working towards developing music in line with corporate venue themes offering firms an array of choices. .With technology and music evolving the demand for background music in corporate spaces is estimated to bolster.

Other players profiled in the report include Brandtrack, Mood Media, Kasimu, Cloud Cover Music, Open Ear Music, Qsic Pty Ltd., Easy on Hold, Jukeboxy, Sunflower Music Company, NSM Music Ltd., Xenox Music Media, Soundtrack your Brand, SoundMachine, Heartbeats International, Express Melody, Almotech, Custom Channels, CSI Music Service, Almotech, TouchTunes, StorePlay, and USEN Holding Corporation Inc.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Email: sales@factmr.com

Web: https://www.factmr.com/

Read Industry News at - https://www.industrynewsanalysis.com/