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Friday, June 2, 2023

Global Bipolar Disorder Treatment Market Size to Grow at a CAGR of 2.5% in the Forecast Period of 2023-2031

By James Rowan at June 02, 2023 Healthcare and Pharmaceuticals No comments

The ‘Global Bipolar Disorder Treatment Market Size, Share, Analysis, Growth, Report and Forecast 2023-2031’ by Expert Market Research provides an extensive outlook of the global bipolar disorder treatment market, assessing the market based on its segments like drug type, distribution channel, and major regions. The report also offers a detailed insight of the market on the basis of patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnership and collaborations analysis.

The key highlights of the report include:

Market Overview (2016-2031)

• Historical Market Size (2022): USD 5.3 Billion

• Forecast CAGR (2023-2031): 2.5%

• Forecast Market Size (2031): USD 6.7 Billion

The growth of the global bipolar disorder treatment market is driven by the increasing awareness of mental health disorders, advancements in diagnostic techniques, and the development of new medications. However, the social stigma associated with mental health disorders and inadequate healthcare infrastructure in some regions may hinder the market growth.

The growing demand for personalized medicine and the increasing number of clinical trials for the development of novel treatment options are expected to create lucrative growth opportunities for the bipolar disorder treatment market. Additionally, government initiatives and public-private partnerships to improve mental healthcare infrastructure are likely to contribute to the market growth.

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Bipolar Disorder Treatment Industry Definition and Major Segments

Bipolar disorder, also known as manic-depressive illness, is a mental health condition characterized by unusual shifts in mood, energy, activity levels, and the ability to carry out daily tasks. Treatment options include medication, psychotherapy, and lifestyle changes.

Based on type, the market is segmented into:

• Bipolar I Disorder
• Bipolar II Disorder
• Cyclothymic Disorder

Based on mechanism of action, the market is segmented into:

• Tricyclic Antidepressants
• Monoamine Oxidase Inhibitors
• Benzodiazepines
• Serotonin-Norepinephrine Reuptake Inhibitors
• Beta-Blockers
• Selective Serotonin Reuptake Inhibitors
• Others

Based on diagnosis methods, the market is classified into:

• Physical Exam
• Psychiatric Assessment
• Mood Charting

Based on treatment type, the market is segregated into:

• Non-Pharmaceuticals

- Acupuncture
- Bright Light Therapy
- Exercise Therapy
- Sleep Deprivation
- Vagus Nerve Stimulation

• Pharmaceuticals

- Mood Stabilizers
- Antidepressants
- Antipsychotics
- Adjunctive and Alternative Treatments

• Psychotherapy

- Cognitive Behavioural Therapy
- Group Therapy
- Interpersonal and Social Rhythm Therapy
- Vocational Therapy

Based on treatment type, the market is segregated into:

• Public
• Private

Based on region, the market is segregated into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/bipolar-disorder-treatment-market

Bipolar Disorder Treatment Market Trends

The key trends in the global bipolar disorder treatment market include the development of new drug combinations and targeted therapies to combat the disorder. The increasing prevalence of bipolar disorder and the growing demand for personalized medicine are also expected to drive the market growth.
Advancements in diagnostic techniques, such as neuroimaging and genetic testing, have improved the early diagnosis and treatment of bipolar disorder. The increasing adoption of telepsychiatry and digital therapeutics is expected to further boost the market growth. The growing emphasis on mental health awareness campaigns and the development of innovative treatment options, such as neuromodulation techniques, are likely to contribute to the market growth.

Key Market Players

The major players in the global bipolar disorder treatment market report are Takeda Pharmaceutical Industries Ltd., AstraZeneca, GlaxoSmithKline, Eli Lilly and Company, Johnson & Johnson Services, Inc., Allergan, AbbVie Inc., and Pfizer Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyzes the market demand, together with its price and demand indicators. The report also tracks the market based on SWOT and Porter’s Five Forces Models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

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Contact Person: James Rowan, Business Consultant
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Cheese Analogue Market Size to Grow at a CAGR of 6.50% in the Forecast Period of 2023-2028

By James Rowan at June 02, 2023 Food and Beverages No comments

The ‘Global Cheese Analogue Market Size, Share, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research, gives an extensive outlook of the cheese analogue market, assessing the market on the basis of its segments like type, application, and major regions.

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 6.50%

• Forecast Market Size (2028): USD 3.81 billion

The increasing popularity of veganism globally has had a strong impact and influence on manufacturers, encouraging them to use cheese substitutes like imitation cheese for producing processed foods, thereby driving the growth of the cheese analogue market. In order to meet demand, plant-based cheeses are being used in culinary items owing to the growing vegan population. Additionally, the global trend toward high-quality, plant-based food consumption as a result of growing concern for environmental sustainability and animal welfare is expected to encourage producers to develop creative cheese substitutes. One key element supporting the increasing demand for the cheese analogue market is the cost-effectiveness of imitation cheese. In order to significantly reduce the cost of producing products such as pizza, sandwiches, lasagne, and other processed foods, a large number of food manufacturers use cheese substitutes.

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Cheese Analogue Market Segmentation

Cheese analogue commonly referred to as imitation cheese or substitute cheese, shares similarities with milk cheese in terms of composition, appearance, and intended use. Due to the fact that they frequently contain less fat, trans fat, cholesterol, and calories, they have become incredibly popular among food manufacturers. They are also available in a variety of forms and are used in a wide range of culinary products, including pizza, lasagne, and spaghetti, among others, therefore they have many different uses in the food industry. Due to their plentiful supply, cost-effectiveness, and adaptability, they are often used in ready-to-eat/cook meals and other convenience foods.

Based on type, the market is segmented into:

• Non-dairy cheese analogue
• Dairy cheese analogue
• Partial dairy cheese analogue

On the basis of application, the market is divided into:

• Bakery and confectionery
• Breakfast cereals
• Sauces and dressings
• Processed meat, fish, and poultry
• Others

Based on region, the market is categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/cheese-analogue-market

Cheese Analogue Market Trends

The cheese analogue market is expanding as a result of the increasing supply of highly functional and economical ingredients used to produce high-quality and reasonably priced cheese substitutes. The popularity of non-dairy cheese alternatives has witnessed a sharp increase along with the demand for healthier, plant-based diets.

A rise in the adoption of cheese analogues is also a result of the increasing demand for healthy frozen and ready-to-eat food products, particularly among millennial and Gen-Z consumers. This is because cheese analogues have a long shelf life and contain little saturated fat. The demand for cheese analogues is rapidly increasing as the food-service industry experiences strong expansion and top fast-food chains increase their presence. The major factors and trends responsible for the increasing demand for the cheese analogue can be attributed to the increasing prevalence of celiac disease and lactose intolerance globally.

Europe accounts for the largest share in the global cheese analogue market owing to the rapidly increasing demand for healthier non-dairy cheese alternatives in countries like the United Kingdom, France, Germany, and Spain. Due to their busy lifestyles, European consumers prefer convenience foods and prepared meals that meet their daily nutritional and energy needs. To meet the soaring demand for cheese, manufacturers are expanding their production capacity and provide cutting-edge products such as ready-to-eat pasta, pizza, and lasagne.

Moreover, the cheese analogue market is supported by the increasing product launches in the region. For instance, in June 2022, La Fauxmagerie, the first vegan cheesemonger of the United Kingdom, launched its cheese range for supermarket distribution. The range is to be exclusively distributed through Waitrose and represents a step back from the more artisanal recipes. The range includes ‘Shoreditch Smoked’, ‘Brixton Blue’ and ‘Truffle Camemvert’.

Key Market Players

The major players in the global cheese analogue market report include Pro Cheese.gr, Kaskat Ltd, Naria Cheese, and Polmlek Group Central, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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United States IT Spending Market Size to Grow at a CAGR of 3.83% in the Forecast Period of 2023-2028

By James Rowan at June 02, 2023 Technology Media and IT No comments

The ‘United States IT Spending Market Size, Share, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the United States IT spending market, assessing the market on the basis of its segments like types, and major regions.

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 1.25 trillion

• Forecast CAGR (2023-2028): 3.83%

Digitalisation and increasing automation activities have significantly contributed to the growing United States IT spending market. Rapid technological advancements and the changing business models of expanding companies are they drivers of this market. Increased adoption of cloud computing services, owing to their prevailing benefits like security of data and cost efficient ‘pay-as-you-go’ model, have further bolstered the growth of the market. The fairly large amounts of data available for analysis has led to the increasing deployment of database management system (DBMS), due to their efficiency and better data integration benefits.

The burgeoning demand for cybersecurity in the United States, in order to protect massive volumes of data, including confidential citizen data from cybercriminals, has further compelled the need to spend on the IT sector, which is augmenting the growth of the United States IT spending market. The popularity of artificial intelligence and machine learning is expected to further boost the demand for spending on IT services.

Scaling business activities and the growing amount of data stored in data centre systems are likely to fuel the growth of the IT spending market in the United States in the forecast period. The deployment of SaaS or cloud in enterprise IT services offers greater flexibility to users to scale up and cut down resources, as and when required. This flexibility is likely to grow investments into this segment, thus expanding the United States IT spending market.

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United States IT Spending Industry Definition and Major Segments

IT spending refers to the total allocation of funds for the IT sector, typically for a one-year period. It is calculated by dividing the company’s total operational IT spending by total revenue. Spending on IT services provide a number of benefits like system centralisation, minimised downtime, high security, disaster recovery and cost reduction.

On the basis of types, the market is segmented into:

• Data Centre Systems

Breakup by Company Size

Total Spending by Company Having Less Than 300 Employees
Total Spending by Company Having 300-2000 Employees
Total Spending by Company Having More Than 2000 Employees

• Enterprise Software

Breakup by Type

Business Intelligence Software
Content Management Software
Customer Relationship Management Software
Enterprise Resource Planning Software
Supply Chain Management Software

Breakup by Company Size

- Total Spending by Company Having Less Than 300 Employees
- Total Spending by Company Having 300-2000 Employees
- Total Spending by Company Having More Than 2000 Employees

• Enterprise IT Services

Breakup by Type

- Customised Software and App Development
- Services Including IT Consulting
- Others

Breakup by Company Size

- Total Spending by Company Having Less Than 300 Employees
- Total Spending by Company Having 300-2000 Employees
- Total Spending by Company Having More Than 2000 Employees

• Devices

Breakup by Company Size

- Total Spending by Company Having Less Than 300 Employees
- Total Spending by Company Having 300-2000 Employees
- Total Spending by Company Having More Than 2000 Employees

• Communications Services

Breakup by Company Size

- Total Spending by Company Having Less Than 300 Employees
- Total Spending by Company Having 300-2000 Employees
- Total Spending by Company Having More Than 2000 Employees

Based on region, the market is divided into:

• West
• Mid West
• Southwest
• Southeast
• Northeast

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/united-states-it-spending-market

United States IT Spending Market Trends

A key market trend observed in the United States IT spending market is the increasing collaboration of the country with emerging nations. Rapidly upgrading technology is further leading to increased expenditure in the IT market. The improved 5G networks of growing organisations and the availability of rapid, secure data transferring systems is likely to impact the IT spending market positively and augment its growth. Furthermore, the FinTech sector is facing a boom owing to the increased inclination of the population towards blockchain and cryptocurrency which is significantly contributing to the United States IT spending market.

IT outsourcing services provide benefits of high-level expertise at low costs with cloud migration systems and service options, which makes it a lucrative sector for IT spending in the United States IT market. AI-based audit management systems are increasingly being deployed in the country, as these systems help in internal auditing and in detecting areas which need more scrutiny, which is adding to the overall growth of the market. The growing usage of IT systems by the federal government, is further catalysing the United States IT spending market.

Key Market Players

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of the key players in the United States IT spending market.

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Global Surfactants Market Size to Grow at a CAGR of 5.20% in the Forecast Period of 2023-2028

By James Rowan at June 02, 2023 Chemicals and Materials No comments

The ‘Global Surfactants Market Share, Size, Analysis, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global surfactants market, assessing the market on the basis of its segments like type, end use, and major regions.

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 5.20%

The global surfactants market is expected to witness a steady growth in the forecast period owing to increasing consumer awareness for hygiene, growing urbanisation, and rising living standards of the population. The growing use of cleaning products, shampoos, sanitisers, and soaps and the low prices and easy availability of surfactants has further enhanced the growth of the surfactants market.

Low raw material prices and lesser production costs is expected to surge the demand for surfactants. The anionic type of surfactants is projected to grow at a rapid pace, owing to their wide use in the agriculture sector for pesticide formulations and increasing use in household cleaning applications, owing to its ability of foam-formation, when mixed with a base.

Furthermore, the growing usage of surfactants in making anti-fog liquids that restrict moisture or condensation build-up on lenses, as well as fabric softeners is bolstering the market growth. The increasing usage of surfactants in the production of shale gas, which is further used for transportation and power generation, is expected to catalyse the surfactants market in the coming years.

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Surfactants Industry Definition and Major Segments

Surfactants are chemical compounds with hydrophilic and hydrophobic ends, that decrease the surface tension between two liquids or a liquid and a solid, by acting as emulsifiers, detergents, wetting agents and foaming agents. They play an important role in cleaning agents and as a lubricant, owing to their properties like emulsion, wettability, froth formation, and detergency.

On the basis of type, the market is segmented into:

• Cationic Surfactants
• Anionic Surfactants

Breakup by Type
- Linear Alkyl Benzene
- Fatty Alcohol Ether Sulphate
- Fatty Alcohol Sulphate
- Others

• Non-ionic Surfactants

Breakup by Type
- Fatty Alcohol Ethoxylate
- Alkyl Phenol Ethoxylate
- Others

• Amphoteric Surfactants
• Others

Based on end use, the market is divided into:

• Household Detergents
• Personal Care
• Institutional and Industrial Cleaners
• Food Processing
• Plastics
• Paints and Coatings
• Oilfield Chemicals
• Agriculture Chemicals
• Adhesives
• Textiles
• Others

On the basis of region, the market is classified into:

• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/surfactants-market

Surfactants Market Trends

The growing inclination of consumers towards beauty and skincare is contributing to the surging demand for surfactants, which are utilised for the formation of creams and lotions. Shaving foams and hair removal creams also use surfactants as a lubricant, to remove stubble easily, without casing irritation and preventing risk of any cuts. Increasing investments in research and development coupled with the technological advancements in the oilfield industry has made the environment favourable for the market for surfactants.

With rapid industrialisation and recent developments in the field of biotechnology, the demand for environments friendly products like biosurfactants is on a rise, which is bolstering the growth of the surfactants market. The acceptance of green surfactants has further helped in providing the benefits of proper wetting and greater cleansing, apart from contributing to sustainability. Market players are now focussing on the development of greener-processes, less packaging, and the use of polymeric surfactants, in line with the growing consumer willingness to purchase more safer and natural products.

Key Market Players

The major players in the global surfactants market report are BASF SE, Clariant AG, Croda International Plc, Dow Inc., Indorama Ventures Public Company Limited, Kao Corporation, Lonza Group AG, and Evonik Industries AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Vision Care Market Size To Grow At A CAGR Of 3% In The Forecast Period Of 2023-2028

By Ian Bell at June 02, 2023 Healthcare and Pharmaceuticals No comments

The ‘Global Vision Care Market Size, Share, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global vision care market, assessing the market on the basis of its segments like product type, distribution channel, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Vision Care Market Size, Share, Price, Growth, Trends, Industry Report, Key Players, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 3%

The rising number of eye disorder cases across the globe is a key factor driving the growth of the vision care market. As the prevalence of various disorders related to eyes increases, the need for regular eye tests and check ups such as visual field tests to check the peripheral vision, visual acuity to measure distance vision, and tonometry in order to detect glaucoma, among others, also increases. The exponential increase in the utilisation of electronic devices such as smartphones, personal computers, tablets, and laptops, has resulted in increased prevalence of various eye problems, which in turn is driving the growth of the market for vision care.

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Additionally, increased preference towards contact lenses because of their enhanced vision and comfort has further boosted the demands for improved vision care globally. Rising consciousness among customers about proper eye care, popularity of fashionable glasses, and the importance of healthy vision are positively impacting the growth of the vision care market. Other market supporting factors are rising pollution levels, changing lifestyles, and increasing brand awareness

However, the increased availability of counterfeit vision care products is hampering the growth of the market as their utilisation can cause further damage to the vision. Accordingly, there is greater emphasis on checking for original product labels in order to avoid fake products.

Vision Care Industry Definition and Major Segments

Vision care refers to the process of maintaining the overall quality and functioning of the eyes. The main purpose of vision care is to ensure that the individual receives highest quality of eye treatments that prevents further vision deterioration and pain. The benefits of healthy eyesight include ease in carrying out various day to day tasks, and improved vision in the long-term.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/vision-care-market

On the basis of product type, the market is segmented into:

Glass Lenses
Contact Lenses
Intraocular Lenses
Contact Solutions
Lasik Equipment
Artificial Tears

Based on distribution channel, the market is divided into:

Retail Stores
Online Stores
Clinics
Hospitals

On the basis of region, the market is classified into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Vision Care Market Trends

The key trends in the vision care market include rising prevalence of vision related disorders such as cataracts, retinal detachment, glaucoma, and conjunctivitis, owing to increasing geriatric population, pollution levels, genetic susceptibility, and extensive use of screens. Rising number of vision related ailments has resulted in increased research and development activities by the major market players, so as to provide better treatment options and services to the patients and for developing more efficient products.

Increasing chronic eye conditions and excessive strain have led to an increase in occurrence of various eye related disorders which may result in partial or complete loss of vision. Consequently, the worldwide demand for vision care related products has increased, in turn contributing towards the growth of the global vision care market. In order to expand their customer base, key players are also launching product variants with enhanced quality and aesthetic options. In regional terms, North America accounts for a significant share of the market as the demand for disposable contact lenses, incidences of diabetic retinopathy, glaucoma, and cataracts increases across the region.

Key Market Players

The major players in the global vision care market report are Johnson & Johnson Vision, CooperVision, Essilor International S.A., and Novartis AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Email: sales@expertmarketresearch.com
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Global Shoe Packaging Market Size To Grow At A CAGR Of 4.10% During The Forecast Period Of 2023-2028

By Ian Bell at June 02, 2023 Packaging No comments

The ‘Global Shoe Packaging Market Size, Share, Growth, Trends, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global shoe packaging market, assessing the market on the basis of its segments like product, application, and region.

Shoe Packaging Market Size, Share, Price, Growth, Trends, Industry Report, Key Players, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): USD 5.28 billion
Forecast CAGR (2023-2028): 4.10%
Forecast Market Size (2028): USD 6.7 billion

Modern shoe packaging designs are being used by both long-standing companies and newcomers to the global shoe packaging market to appeal to a wider consumer base while also using less raw materials. The availability of these styles and their usefulness for storing and transporting a variety of shoe kinds are anticipated to accelerate the growth of the global market for shoe packaging.

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Growing consumer demand for shoes in the casual and athletic categories is also boosting market expansion. Due to the rising demand for shoes in a range of styles, including loafers, long boots, leather shoes, sports shoes, running shoes, and casual shoes, the market share for shoe packaging is experiencing considerable growth potential.

As shoes have generally been packaged in corrugated boxes, the corrugated shoe packaging segment is anticipated to account for a significant portion of the global shoe packaging market. Corrugated boxes are often used for shoe packaging by both global corporations and local shoemakers since they have a single packaging pattern that works for many types of shoes and have a low manufacturing cost.

Reusable shoe packing is expected to expand quickly since it may be used to store shoes for an extended period of time. Additionally, reusable shoe packaging is ideal for seasonal footwear, such as winter boots, which frequently need to be kept safe during the off-season.

Shoe Packaging Industry Definition and Major Segments

Shoes are stored, safeguarded, and transported in a secure manner using shoe packaging. The packaging can be used to visually represent shoes, communicate the brand’s value to customers, and help brands stand out from competitors. To move shoes safely through the supply chain, shoe packaging is necessary. Since inadequate shoe packaging can result in damaged shoes which cause significant product recalls, the packaging cannot compromise on its ability to protect and store shoes.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/shoe-packaging-market

Based on product, the market is segmented into:

Corrugated Shoe Packaging
Reusable Shoe Packaging
Tubular Shoe Packaging
Others

On the basis of application, the market is bifurcated into:

Commercial
Individual

Based on region, the market is categorised into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Shoe Packaging Market Trends

The global shoe packaging market is predicted to experience a boom during the forecast period due to the rising demand from customers for eco-friendly and affordable packaging solutions. The rising consumer interest in creative packaging and growing demand for lightweight packaging is one of the key trends driving the market growth.

The packaging of any product is regarded as a form of advertising. The shoe packaging market has grown as a result of the appealing and eye-catching designs that various manufacturers have adopted for their shoe packaging, which have contributed to boost sales and further increase demand for shoes. Many luxury firms prefer to package their shoes in transparent boxes so that customers can see the shoes inside. This style of packaging has been well-received by many of their target customers, which has increased market demand.

Manufacturers of shoe packaging are also benefiting from the adoption of sustainable materials. Many shoe packaging providers and sectors are embracing eco-friendly packaging owing to a number of initiatives by various governments to promote it. The global expansion of the footwear industry has surged the opportunities for the global shoe packaging market. The necessity to supply shoes in a more appealing way and the rising demand for shoes are other factors affecting the market growth.

Key Market Players

The major players in the global shoe packaging market report are M. K. Packaging, Precious Packaging, Royal Packers, Cross Country Box Company, Elevated Packaging, Packman, Great Little Box Company, Marber, Merrypak, and Forest Packaging Group Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Laboratory Glassware Market to be Driven by Growing Number of Clinical Trials by Research and Academic Institutes in the Forecast Period of 2023-2028

By Expert Market Research at May 23, 2023 Chemicals and Materials No comments

The new report by Expert Market Research titled, ‘Global Laboratory Glassware Market Size, Share, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global laboratory glassware market, assessing the market based on its segments like product, application and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2021): USD 1.04 billion
• Forecast CAGR (2023-2028): 2.50%
• Forecast Market Size (2027): USD 1.2 billion

Because test tubes provide high clarity and visibility of contents, as well as accurate volume recording, they are commonly used in laboratories for various chemical reactions and tests. Furthermore, test tubes made of glass are impervious to atmospheric gases.

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This prevents oxidative degradation of the contents. Furthermore, because the material can withstand extremely high temperatures of several degrees Celsius, test tubes are ideal for exothermic reactions. In the forecast period, these factors will contribute to market growth.

Furthermore, rising government funding for research activities in countries such as the United States and Canada is expected to support regional market growth. Furthermore, the region’s thriving food and beverage industry is expected to boost the market, as laboratory glassware is commonly used for a variety of applications in the segment.

Laboratory Glassware Industry Definition and Major Segments

The equipment made of glass for use in scientific work in laboratories is known as laboratory glassware. These are high-quality laboratory instruments with features like excellent heat resistance. Furthermore, laboratory glassware equipment is subjected to rigorous tests and chemical reactions in order to determine the product’s ability to withstand high temperatures.

The applications of laboratory glassware can be divided into:

• Research and Academic Institutes
• Hospitals and Diagnostic Centers
• Biotechnology and Pharmaceutical
• Food and Beverage Industry
• Others

According to products, the market can be divided into:

• Test Tubes
• Glass Beakers
• Glass Flasks
• Pipettes
• Burettes
• Other

The regional markets include:

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East
• Africa

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/laboratory-glassware-market

Laboratory Glassware Market Trends

The market is being driven by the increasing use of laboratory glassware in research and academic institutes, diagnostic centres, hospitals, and biotechnology and biopharmaceutical applications. The market is expanding due to increasing investments in R&D by leading biotechnology and biopharmaceutical companies to develop effective vaccines, drugs, and medicines, particularly after the COVID-19 outbreak. Furthermore, the growing demand for high-quality volumetric instruments for precise measurement is expected to drive laboratory glassware demand over the forecast period.

Key Market Players

The major players in the market are Corning Incorporated, Borosil Limited, Sartorius AG, Sibata Scientific Technology Holdings Limited, Bellco Glass, and Others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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