​​The global body contouring market has been witnessing positive growth. This can be accredited to various factors such as rising cases of obesity, growing awareness about body contouring, increasing applications as well as technological advancements.

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The latest report by IMARC Group, titled “Body Contouring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global body contouring market reached a value of US$ 6.1 Billion in 2018. Body contouring refers to a group of procedures which alter and contour the shape of body, generally after a significant weight loss. These procedures can be surgical which include arm lifts, breast lifts, stomach lifts, lower body lifts; or non-surgical such as ultrasound therapy, low-level laser therapy, cryolipolysis and suction massage. In the recent years, non-surgical procedures have gained popularity as consumers look for less painful, cost-effective and safer alternatives to get the desired body shape.

Highlights of the global body contouring market:

• The growing trend of ‘quick-fix’, particularly in the western regions is one of the major growth-inducing drivers.
• Clinical research organisations represent the largest end-use sector.
• North America represents the largest market for body contouring.

One of the major factors catalysing the market growth is the heightened importance given to physical appearance amongst a large section of the population. This coupled with the escalating trend of ‘quick-fix’, particularly in the western regions, is propelling the growth of the global body contouring market. Additionally, increasing cases of obesity and growing awareness about body contouring is broadening the growth prospects of the market. Moreover, the advancements in the technology, such as ultrasound cavitation, mesotherapy, infra-red technology, laser-lypolysis, radio-frequency therapy, dynamic pulse control (DPC) and intense pulse light (IPL), have facilitated the market growth. As a result, the global body contouring market is further expected to reach a value of US$ 9.1 Billion, exhibiting a CAGR of 6.8% during 2019-2024.

Global body contouring market report on the basis of:

Breakup by Invasiveness:

1. Non-invasive

2. Minimally invasive

On the basis of invasiveness, non-invasive devices currently exhibit a clear dominance in the market, followed by minimally invasive and invasive devices.

Breakup by End-Use Sector:

1. Clinical Research Organizations

2. Hospitals

3. Medical Spas

4. Clinics

Based on end-use sector, clinical research organisations represent the largest end-use sector of body contouring on account of continuous technological developments. It is followed by hospitals, medical spas and clinics.

Breakup by Region:

1. North America

2. Europe

3. Asia-Pacific

4. Latin America

5. Middle East and Africa

Region-wise, North America currently accounts for the majority of the total global share. This is due to the wide availability of facilities for the procedures and a large consumer-base. Other major regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Landscape:

The competitive landscape of the market has also been analysed with some of the key players operating in the market being Cynosure, Meridian, Syneron Medical Ltd., Lumenis, and Alma Lasers.

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Pallets are horizontal platforms which offer a base for storing, handling, assembling and transporting products and materials. They are a type of tertiary packaging affixed with a superstructure and a bottom. Pallets are portable and easy to handle as they help in simplifying the process of loading and unloading and ensure safe delivery of the product. As a result, they are extensively used by suppliers and manufacturers of commercial goods across the globe. A new research report by IMARC Group, titled “Pallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global pallet market reached a volume of 6.5 Billion Units in 2017. The report further anticipates the market to reach 8.8 Billion Units by 2023, at a projected CAGR of around 5% over the forecast period.

To view global pallet market analysis​ by IMARC Group

Market Drivers/Constraints:

• There has been a rise in the expenditure on both housing and infrastructure activities owing to a significant increase in disposable incomes and rapid urbanisation. This is one of the major factors which has been propelling the market growth.
• Manufacturers have increasingly started using multiple-trip pallets instead of single-trip pallets as they offer lower cost per-trip, eliminate solid waste and enhance operational efficiency. This has, in turn, positively influenced the growth of the market.
• Over the past years, there has been a significant development in the logistics and transportation sectors as well as trade volume of numerous emerging nations which have contributed towards an augmented demand for pallets across the globe.
• The limited availability of pallets and increasing cost of raw materials are some of the other factors which act as major factors impeding the growth of the global pallet market.

Insights on Market Segmentation:

Breakup by Type:

• Wood
• Plastic
• Metal
• Corrugated Paper

On the basis of type, the market has been segmented into wood, plastic, metal and corrugated paper. Amongst these, wood pallets exhibit a clear dominance in the market as they are lightweight, stiff, durable and cost effective.

Breakup by Application:

• Food and Beverages
• Chemicals and Pharmaceuticals
• Machinery and Metal
• Construction
• Others

Pallets currently find myriad applications across various sectors which include food and beverage, chemical and pharmaceutical, machinery and metal, and construction. The food and beverage sector currently represents the largest segment.

Breakup by Structural Design:

• Block
• Stringer
• Others

Based on structural design, the market has been segregated as block, stringer and others. Block pallets generally use plywood, solid wood, or plastic blocks for supporting the unit load, whereas, stringer pallets use boards of 2 x 4’s or 3 x 4’s, placed between the top and bottom deck boards.

Regional Insights:

• North America
• Europe
• China
• Asia (Excluding China)
• Rest of the World

On a geographical front, North America represents the largest region for the global pallet market, accounting for the majority of the share. This can be accredited to rapid development in the industrial sector and an increase in exports across the region. Some of the other major markets include Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Imports and Exports:

1. Imports by Major Countries

2. Exports by Major Countries

Competitive Landscape:

The report has also examined the competitive landscape of global pallet market. Some of the major players in the market are Brambles Ltd., Rehrig Pacific Company, Schoeller Allibert, LOSCAM and CABKA Group.

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​​The global tuna market has witnessed steady growth in recent years on account of rapid urbanization, hectic lifestyles, associated health advantages, emerging demand for sushi and growing familiarity with other international food trends.

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According to the latest report by IMARC Group, titled “Tuna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global tuna market size was US$ 11.59 Billion in 2018. Tuna refers to a saltwater fish which belongs to the Thunnini tribe and is commonly found in the temperate and subtropical waters of the Mediterranean Sea, the Black Sea and the Atlantic Ocean. It provides essential nutrients including vitamin B12, vitamin B6, niacin, proteins, omega-3 fatty acids and several minerals. It also offers numerous health benefits such as averting the skin and kidneys from developing infections, encouraging the development of muscles, and enhancing blood circulation and metabolism in the human body.

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Market Trends:

Rapid urbanization in confluence with international food trends has altered the current food preferences and habits of consumers. For instance, the increasing popularity of sushi around the world has catalyzed the demand for tuna, especially in new markets such as the Middle East, Central Asia and Latin America. Moreover, as a result of hectic schedules of consumers, fresh tuna trade has been surpassed by the consistently increasing demand for canned tuna and other ready-to-eat and frozen variants. This can also be accredited to the extensive shelf-life and ease of transportation of these products over larger distances. In addition to this, the increasing production of processed tuna products is aiding in generating employment opportunities in the entire value chain including catching, processing and trade of tuna. Apart from this, with the growing environmental concerns, numerous companies are offering Marine Stewardship Council (MSC) certified tuna which is captured and processed using sustainable methods. By 2024, the market is projected to reach a value of US$ 14.4 Billion, expanding at a CAGR of 3.2% during 2019-2024.

Insights on Market Segmentation:

Breakup by Species:

1. Skipjack

2. Yellowfin

3. Albacore

4. Bigeye

5. Bluefin

Based on the species, the market has been classified into skipjack, yellowfin, albacore, bigeye and bluefin. Currently, skipjack represents one of the most popular tuna species as it is widely used in canned products worldwide.

Breakup by Product Type:

1. Canned

2. Frozen

3. Fresh

On the basis of the product types, the market has been divided into canned, frozen and fresh. At present, canned tuna accounts for the majority of the total market as the fresh variants are relatively expensive.

Breakup by Region:

1. Japan

2. Indonesia

3. Philippines

4. Taiwan P.C.

5. Republic of Korea

6. Spain

7. Others

Region-wise, Japan represents the largest consumer and third-largest producer of tuna around the world. Indonesia, Philippines, Taiwan P.C., Republic of Korea and Spain are the other key producers, while the USA and the Republic of Korea are the major consumers.

Breakup by Region:

1. Japan

2. USA

3. Republic of Korea

4. China

5. Taiwan P.C.

6. European Union

7. Others

Competitive Landscape:

The competitive landscape of the tuna industry has also been analyzed in the report along with comprehensive profiles of the leading companies.

About Us

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According to the latest report by IMARC Group, titled “Protein Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global protein ingredients market reached a value of US$ 32.5 Billion in 2018. Proteins are large molecules of amino acids which supports in building and repairing of tissues. As proteins help in improving the overall functioning of the body, they are regarded as the building blocks of life. In addition to this, proteins are beneficial in regulating weight, reducing muscle loss and enhancing physical strength. Apart from this, protein ingredients aid in maintaining an adequate level of proteins in the human body, thereby keeping it fit and healthy in the longer run. This has added to their increasing popularity across the world, particularly in the health and wellness industry for the production of dietary supplements and other food products.

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In the recent years, the adoption of protein-rich diet has accelerated on account of growing inclination of consumers towards healthy food products. This shift can be accredited to factors like rising cases of obesity and diabetes as well as advancing demand for superior health care products. In addition to this, expanding awareness about functional food products and dietary supplements is contributing towards the growth of the global protein ingredients market. Apart from this, increasing number of health clubs coupled with ascending demand for soy proteins in food applications like dairy products, sports nutrition and snacks is further supporting the growth of the market. Some of the other growth inducing factors include mounting populating, rapid urbanisation and flourishing food and beverages industry particularly in the emerging regions. Looking forward, the market value is projected to reach US$ 44.9 Billion by 2024, expanding at a CAGR of 5.5% during 2019-2024.

Insights on Market Segmentation:

Breakup by Product Type:

1. Animal Proteins

2. Plant Proteins

Based on type, the market has been segmented as animal proteins and plant proteins. At present, animal proteins exhibit a clear dominance in the market and they are classified as egg protein, whey protein, gelatin, casein and milk protein concentrates/isolates. On the other hand, plant proteins are divided into wheat protein, soy protein, pea protein and others.

Breakup by Application:

1. Food and Beverages

2. Personal Care and Cosmetics

3. Pharmaceuticals

4. Animal Feed

On the basis of application, food and beverages represent the largest segment due to changing eating patterns, particularly in the emerging regions. Food and beverages is followed by personal care and cosmetics, pharmaceuticals and animal feed.

Breakup by Region:

1. Europe

2. North America

3. Asia Pacific

4. Latin America

5. Middle East and Africa

Region-wise, the market has been segmented into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Amongst these, Europe is the leading market, accounting for the majority of the global market.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Cargill, Incorporated; Archer-Daniels-Midland Company; Kerry Group; Omega Protein Corporation; and Mead Johnson.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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Particle size analysis refers to a set of technical procedures performed for calculating average size of particles in an aerosol, suspension, emulsion or solid sample. The analysis is practiced for controlling the number of chemical reactions that take place when a product is being used. It can be achieved through several devices and remains an important process as it helps in determining the nature, behaviour and other properties of the material. Particle size analysis can be performed by using different methods some of which can be applied for a wide range of samples whereas other methods are limited to specific applications. A new research report by IMARC Group, titled “Particle Size Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global particle size analysis market was worth more than US$ 210 Million in 2018. The report further expects the market to reach nearly US$ 288 Million by 2024, at a projected CAGR of 5.4% over the forecast period.

Market Drivers/Constraints:

• Particle size analysis is increasingly being used in the field of nanotechnology and also for the production of newly constructed structures, semiconductor components and cosmetic products. These are some of the key factors driving the growth of the market.
• There has been an increase in the usage of particle size analysis in the pharmaceutical industry for the purpose of maintaining the quality of different medicines. This has, in turn, contributed towards an augmented demand for this process across the globe.
• Some of the factors which have been proactive in maintaining the market growth include technological advancements being made being made by manufacturers and a strong demand for particle size analysis across emerging economies.
• The expensive instruments associated with particle size analysis and the absence of well-established distribution networks among small- and medium-sized enterprises are few forces that have been impeding the growth of the market.

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Insights on Market Segmentation:

Breakup by Technology

1. Laser Diffraction

2. Dynamic Light Scattering (DLS)

3. Image Analysis

4. Nanoparticle Tracking Analysis (NTA)

5. Others

The market has been segregated on the basis of several types of technology which mainly includes laser diffraction, dynamic light scattering (DLS), image analysis and nanoparticle tracking analysis (NTA). Amongst these, laser diffraction represents the largest segment as it has a wide measurement range due to which it can be used in various applications.

Breakup by Application

1. Medicine and Healthcare Industry

2. Mining and Minerals Industry

3. Petrochemical Industry

4. Food and Beverages Industry

5. Others

On the basis of application, the market has been segmented into medicine and healthcare, mining and minerals, petrochemical, and food and beverages industries. Currently, the medicine and healthcare industry exhibits a clear dominance owing to the increasing usage of nanotechnology in medical science as well as increasing number of analytical laboratories.

Breakup by Region

1. North America

2. Europe

3. Asia Pacific

4. Latin America

5. Middle East and Africa

On a geographical front, North America accounts for the majority of the share of the global particle size analysis market. This can be accredited to increasing government initiatives to explore new technologies of particle size analysis. Some of the other major markets include Europe, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Analysis:

The global particle size analysis market comprises of various small vendors which include both local and regional players. Opportunities for these vendors will increase over the period of next few years on account of a rise in R&D activities across numerous sectors. Some of the leading players operating in the market are:

Malvern Instruments Ltd.
Horiba Ltd.
Beckman Coulter Inc.
Microtrac Inc.
Micromeritics Instruments

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​The global school furniture market has grown at a healthy rate over the recent years. Various factors such as the rising demand for better furniture in schools, adoption of portable furniture for flip classrooms and initiatives from several government organisations to support education are driving the market growth.

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School furniture plays an important role in forming a dynamic learning environment which is beneficial for the physical health of the students. It is generally manufactured from metal, wood or plastic which provide comfortability to the children and teachers. Modern methods incorporate varied styles of teaching which necessitates the use of adaptable furniture. For instance, the introduction of portable furniture in the recent years has helped in performing group activities and organizing classrooms to provide a functional educational environment. According to the latest report by IMARC Group, titled “School Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global school furniture market was worth US$ 4.3 Billion in 2018, registering a CAGR of 7.5% during the year 2011-2018. The report further anticipates the market value to reach around US$ 6.4 Billion by 2024, at a projected CAGR of 6.5% over the forecast period.

Market Drivers/Constraints:

• The key growth-inducing factor of the school furniture market is the constant demand for ergonomically designed furniture so as to prevent health problems in students and teachers, and to create a comfortable learning environment.
• The introduction of interactive and dynamic teaching styles, such as flip classrooms and blended learning, has increased the demand for portable furniture with easy reconfiguration, in turn, stimulating the growth of the school furniture market across the globe.
• The governments of various nations are taking initiatives to improve their literacy rate and encourage education. As a result of this, there has been a rise in the number of schools which has propelled the growth of the global school furniture market.
• There are several factors that hamper the market growth. The transportation cost involved for transferring raw materials and finished goods to the required places is high. Apart from this, shortage of high-quality raw materials also deters the growth of the school furniture market.

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Insights on Market Segmentation:

Breakup by Product

1. Desk and Chairs

2. Storage

3. Lab Equipment

4. Others

On the basis of product type, desks and chairs represent the most popular type of school furniture, accounting for around a half of the total global market. Desks and chairs are followed by storage and lab equipment.

Breakup by Material

1. Wood Based

2. Metal Based

3. Plastic Based

4. Others

Based on material, the market has been segregated into wood-based, metal-based and plastic-based school furniture. Currently, wood-based school furniture dominates the market, holding the majority of the market share. Wood has various beneficial properties such as durability, elegance, resilience and requires little maintenance. Apart from this, wood-based school furniture is environment friendly which makes it a sustainable alternative to plastic or metal.

Breakup by Region

1. North America

2. Europe

3. Asia Pacific

4. Middle East and Africa

5. Latin America

On the geographical front, North America enjoys the leading position in the global school furniture market owing to the increasing focus on the comfort and flexibility offered by furniture so as to boost the learning experience for the students. North America is followed by Europe, Asia Pacific, Middle East and Africa, and Latin America.

Competitive Landscape:

The global school furniture market is fragmented as the industry consists of a large number of large and small players, both at the global and regional levels. Some of the leading players operating in the market are:

Herman Miller
HNI Corporation
Steelcase
Knoll, Inc.
Smith System

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​​The global tobacco market has been witnessing stagnant growth over the past few years. Factors such as strong distribution channels, the rising number of smokers, and the introduction of low-risk and light tobacco products targeting female users are sustaining the market growth.

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According to the latest report by IMARC Group, titled “Tobacco Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global tobacco market reached a volume of more than 8 Million Tons in 2018. Tobacco refers to a stimulant that triggers complex biochemical and neurotransmitter disruptions. It is prepared by curing the leaves of the tobacco plant, belonging to the Solanaceae family, through the process of drying and fermentation. It contains a colorless volatile alkaloid, also known as nicotine, which acts a depressant and is associated with elevating heart rate, constricting peripheral blood vessels, irritating lung tissue, increasing blood pressure, and affecting brain functions. While chewing tobacco is one of the popular forms of tobacco consumption, it is also consumed as snus, snuff, cigars, shisha, cigarillos and cigarettes.

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Market Trends:

An increase in the number of smokers on the global level, owing to factors such as hectic lifestyles, inflating income levels, and early exposure to tobacco products, is providing thrust to the market growth. Moreover, a strong distribution network of tobacco companies, particularly in countries like China and India, is contributing to the sales of their products. In addition to this, manufacturers are conducting surveys to assess the requirements of their consumer-base to launch modified and targeted products. For instance, they have introduced long, skinny and lightweight cigarette variants aimed solely at the female consumers. Furthermore, the manufacturers are engaged in research and development activities to develop low-risk tobacco products, owing to rising health awareness among consumers. However, the popularity of e-cigarettes among the millennials along with governments’ initiatives to promote healthy lifestyle habits is expected to hamper the growth of the market. Looking forward, the market is projected to reach a volume of more than 9 Million Tons by 2024, at a CAGR of 1.4% during 2019-2024.

Key Insights of the Global Tobacco Market:

Breakup by Type:

1. Cigarettes

2. Roll Your Own

3. Cigars

4. Cigarillos

5. Smokeless Tobacco

6. Others

On the basis of type, the market has been categorized into cigarettes, roll your own, cigars, cigarillos, smokeless tobacco and others. Amongst these, cigarettes are the most popular product type, holding the majority of the market share.

Performance of Key Regions:

1. China

2. India

3. Brazil

4. United States

5. EU 15

6. Others 

On the geographical front, China holds the leading position in the market due to rising population and escalating disposable incomes. Other key regions include India, Brazil, the United States and the EU 15.

Competitive Landscape:

The competitive landscape of the market has also been studied in the report. Some of the key players operating in the market include China National Tobacco Corporation, British America Tobacco, Phillip Morris International, Japan Tobacco International and Imperial Tobacco Group.

Related reports:

Cigarette Market: https://www.imarcgroup.com/cigarette-manufacturing-plant

Cigarette Lighter Market: https://www.imarcgroup.com/cigarette-lighter-manufacturing-plant

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​The global humidifiers market has witnessed steady growth over the past few years. This can be attributed to the rising awareness about the harmful effects of polluted air, the need for eliminating static electricity generation, and an availability of innovative variants of humidifiers.

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According to the latest report by IMARC Group, titled “Humidifiers Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2019-2024”, the global humidifiers market reached a value of US$ 1.9 Billion in 2018. Humidifiers are appliances that are used for increasing or maintaining humidity in a room or building. By adding moisture to the air, they treat dryness of the skin, lips, and throat and prevent skin irritation, inflammation, nose bleeding, and sinus congestion. Their usage also aids in making the environment less conducive to cold and flu germs, thereby reducing the symptoms of chronic obstructive pulmonary disease (COPD). They also help in nourishing indoor plants as well as maintaining a safe electric environment by decreasing static electricity. As a result, these appliances are widely used in homes, corporates, institutional buildings, hospitals, data centers, concert halls, museums, art galleries and shopping complexes.

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Market Trends:

Due to the degrading air quality on a global level along with the growing consciousness among masses about the adverse effects of pollutants present in the air, users are shifting towards humidifiers to improve the air quality of their homes and offices. Furthermore, technological developments have increased the requirement of moisture control to eliminate the generation of static electricity on compact discs, computer storage, and other electronic devices. On account of this, the sales of industrial ultrasonic humidifiers have increased significantly. Moreover, the introduction of smart humidifiers has also influenced the growth of the market. These appliances assist users by enabling them to regulate the relative humidity levels of their homes and offices through their smartphones and mobile devices. Owing to the aforementioned factors, the market value is anticipated to reach US$ 2.4 Billion by 2024, expanding at a CAGR of approximately 4% during 2019-2024.

Insights on Market Segmentation:

Breakup by Product:

1. Warm-Mist Humidifiers

2. Ultrasonic Humidifiers

3. Cool-Mist Humidifiers

4. Others 

Based on product types, warm-mist humidifiers are the most popular product type. Other major classifications include ultrasonic, cool-mist, and other humidifiers.

Breakup by Distribution Channel:

1. Offline Retail Stores

2. Online Retail Stores

On the basis of distribution channels, the market has been bifurcated into offline and online retail stores.

Breakup by Application:

1. Industrial

2. Residential

3. Commercial

Based on applications, the market has been divided into industrial, residential, and commercial segments. The residential sector currently holds the majority of the total market share.

Breakup by Region:

1. North America

2. Europe

3. Asia Pacific

4. Middle East and Africa

5. Latin America

On the geographical front, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Currently, North America accounts for the dominant market share.

Competitive Landscape

The competitive landscape of the market has also been analyzed with some of the key players being Honeywell International Inc., Newell Brands, Procter & Gamble Co., BONECO, Condair Group AG, Carel Industries S.p.A., Dyson Ltd., Humidifirst, Inc., Crane USA, De'Longhi Appliances S.r.l, Heaven Fresh USA Inc., and UCAN CO., LTD.

Related reports:

Ceiling Fan Market: https://www.imarcgroup.com/prefeasibility-report-ceiling-fan-manufacturing-plant

Gas Meter Market: https://www.imarcgroup.com/gas-meter-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Over the past few years, the global bio-polyamide market has witnessed robust growth. This can be accredited to the burgeoning automotive industry, stringent governmental regulations for the development of lightweight vehicles and the growing trend of using bio-based products.

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The latest report by IMARC Group, titled “Bio-Polyamide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global bio-polyamide market reached a value of US$ 134.5 Million in 2018. Bio-polyamide refers to a versatile bioplastic that is synthesized using renewable or bio-based raw materials like natural fats and oils. These polyamides exhibit high mechanical strength and thermal performance. They also are light weight, inexpensive, environment-friendly and recyclable. Excellent mechanical and thermal performance, low moisture absorption and strong chemical resistance are some of the other key characteristics of bio-polyamides. As a result, they are widely utilized across diverse industries including marine, textile, automotive and electronics in applications like powder coatings, sporting goods, automotive fuel lines, electrical cable jacketing, and flexible oil and gas pipes.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/bio-polyamide-market

Market Trends:

As bio-polyamides are widely employed in the automotive industry, the escalating sales of automobiles, especially across the developing economies, has bolstered the growth of the market in these regions. Additionally, automobile companies are now focusing on the development of lightweight vehicles on account of stringent governmental regulations. They also have low-friction property which has led to their utilization in the production of gears, bushings and plastic bearings. Furthermore, owing to their non-abrasive nature, they are employed for manufacturing consumer goods such as toys and electronic products. Apart from this, an increasing trend of using natural and bio-based products is contributing to the sales of these polyamides. On account of the aforementioned factors, the global bio-polyamide market size is projected to reach US$ 266.9 Million by 2024, expanding at a CAGR of 12.1% during 2019-2024.

Key Insights from the Report:

* On the basis of the product type, the market has been divided into PA-6, PA-66 and others. Amongst these, PA-6 represents the most popular product type.

* Based on the application, the market has been bifurcated into industrial plastics and fibers. Currently, industrial plastics account for the majority of the total market share.

* On the basis of the end use, the market has been categorized into automotive; textiles and sports; industrial goods; films and coatings; electrical and electronics; and others. The automotive sector currently holds the dominant market share.

* On the geographical front, Asia Pacific holds the leading position in the market. Other major regions include North America, Middle East and Africa, Europe, and Latin America.

* The competitive landscape of the market has also been analyzed with some of the key players operating in the market being Arkema, Asahi Kasei, BASF, DSM, Evonik Industries, Domo Chemicals, Lanxess, SABIC, Solvay and Simona.

Related reports:

Bio-Polypropylene Market: https://www.imarcgroup.com/bio-polypropylene-market

Biocatalyst Market: https://www.imarcgroup.com/biocatalyst-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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​The Australia coffee and tea capsules market has witnessed stable growth over the past few years. This can be attributed to factors like increasing retail spending, a shift towards convenient and ready-to-drink hot beverages, and rising popularity in both the residential and commercial sectors.   

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According to the latest report by IMARC Group, titled “Australia Coffee and Tea Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Australia coffee and tea capsules market reached the value of US$ X Million and US$ Y Million, respectively, in the year 2018. Beverage capsules are single-serve vessels that are made by combining aluminum and plastic. These capsules are used for packing ground tea leaves, milk powder and brewed coffee generally used for preparing ready-to-drink hot beverages. Amongst these, coffee capsules are relatively smaller in size and contain approximately 4 to 6 grams of roasted ground coffee. Tea capsules are available in different flavors including herbal tea, black tea and green tea. In Australia, there has been a year-over-year rise in the retail spending on hot beverages which is supporting the trend of coffee and tea capsules.

Market Trends:

The market for beverage capsules in Australia is exhibiting a rise on account of the increasing demand for tea and coffee among people over the age of 70 years, and between 31 to 50 years, respectively. In addition to this, consumers in the country are shifting towards convenient and ready-to-drink beverages due to their busy lifestyles. Moreover, there has been an increase in the demand for premium tea and other beverages in the residential sector among consumers who want to recreate the cafe experience at home. Such shifts in consumer preferences are escalating the demand for coffee and tea capsules across the nation. Other than this, these containers have gained immense popularity in offices and other commercial buildings. On account of the aforementioned factors, the markets for coffee capsules and tea capsules in Australia are expected to grow at X% and Y% during 2019-2024, reaching the value of US$ X Million and US$ Y Million by 2024, respectively.

Explore full report with table of contents: https://www.imarcgroup.com/australia-coffee-tea-capsules-market

Insights on Market Segmentation: 

Competitive Structure:

The key players operating in the coffee capsule market include Nestle Australia Ltd, Lavazza Australia Pty Limited, Jacobs Douwe Egberts Professional Australia, Vittoria Food & Beverage, Illy Australia, Mad Coffee Capsules Pty Ltd, Icapsulate Pty Ltd, Grinders Coffee, Carlini Coffee Company, Coffeecaps Pty Ltd, Gloria Jean's Coffees Supply Pty Limited., Map Coffee, and The EcoCaffe Company.

The leading tea capsule manufacturers are Tetley (Tata Global Beverages Australia Pty Limited), Nestle Australia Ltd, Twinings, Unilever Australia Supply Services Limited, The Red Espresso Company (Pty) Ltd, Dilmah (Aust.) Pty. Ltd., Map Coffee, Italytea, and Caffe Bonini (Sigma Coffee PTY LTD).

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal