Global Food Service Packaging Market is valued approximately USD 72.91 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.23% over the forecast period 2020-2027. The food service packaging is a packaging that protects food products from contamination caused by microorganisms, moisture, air, and helps catalytic activity in fresh food. It includes products packaging such as cans, bottles, ampules, aerosol containers, jars and wraps etc. Such packaging plays prominent role in maintaining the quality of food during handling and transportation and offers marketing medium to satisfy customer and promote food sales. The global outbreak of COVID-19 impacts in significant growth of market, as many economies...
Global Motor soft starter Market is valued approximately USD 1.70 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.00% over the forecast period 2020-2027. The Motor soft starter has impressive application in various end-use industries such as oil & gas, mining and power generation industries. It helps in minimizing the inrush current formed while motor start up and accordingly enhance the prolonging and efficiency of motor. Along with this, it significantly helps in controlling motor acceleration which results in safety of motor from various damage while in entire process. It is an equipment that is installed with compressors, fans, pumps and other devices to efficiently control the flow of current...
Global Power Distribution Unit Market is valued approximately USD 3.70 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.10% over the forecast period 2020-2027. The power distribution unit or main distribution unit is a device widely used for distribution of electric power, which is designed and fitted with multiple outputs to do so. It has a commendable role in data center to supply electricity to computers and networking equipment. It resolves the problems associated with data centers regarding power protection and management solution, and further helps in improving efficiency, uptime, and growth of data centers. The global pandemic of COVID-19 favorably affected the growth of market. The data...
Global Thermoform Packaging Market is valued approximately USD 42.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.30% over the forecast period 2020-2027. Thermoform packaging are plastic packaging those are obtained by thermoforming process. The thermoforming process includes molding of plastics into desired shape by heating it and applying pressure on it. It has a wide range of application in various industries such as food & beverage, electronics, personal care, pharmaceuticals and automotive etc. due to inherent properties such as lightweight, protective attributes, reusability, and cost-effectiveness. The thermoform packaging is gaining wide range of application in food & beverage industries...
Global Kraft Paper Market is valued approximately USD 15.60 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.00% over the forecast period 2020-2027. Kraft paper and paperboards are made up of wood pulp, recycled material and chemicals that offers it high strength and high tear resistance. Due to such properties it is widely used in packaging along with overcoming global environmental concern of using plastics products. Kraft papers has high strength, lightweight, durable and thickness properties which stimulates its demand in packaging of heavy materials. It has wide range of application in producing corrugated boxes therefore, rapid growth in demand of corrugated box packaging across the globe drives...
Global Water Filter Housing Market is valued approximately USD 10 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 15.9% over the forecast period 2020-2026. A water filter is increasingly used for household purpose to remove impurities by lowering contamination of water by means of a fine physical barrier, a chemical process, or a biological process. The use of water filter housing has been rising with the increase in the number of people which have gained access to pure drinking water. This scarcity of drinking water has fueled the way for development in the water purifier industry. Since water-related complications are gradually penetrating the league of severe environmental and global concerns.
Global Tourism Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. The travel made for Pleasure or Business is considered under Tourism. Over time the industry has grown rapidly and has also covered several other industries in it namely, transportation, accomodation and others. The rise in per capita income in most of the countries drive the market towards growth. Also, with the change in life-style traveling is being adopted as an important activity to be done which supports the market growth. Further, the rising trend to travel places among the youth further fuels the market growth. Moreover, the growing ease of travel with...
Global Thermal Power Plant Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. A thermal power station is a power station in which heat energy is converted to electric power. Majority of these thermal power station are steam driven. Conventionally, Coal, petroleum were used to power these thermal power stations which over time shifted to nuclear, solar, waste incineration plants. The rising demand for power across the globe drives the market drives the market for thermal power plants. As per the list of 770 companies participating in thermal coal industry titled “ the“the Global Cola Exit List”, the Latin American and the...
Global Premium Alcohol Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2026. Premium Alcohol are branded alcohol made from the one type of spirit that the specific company makes. Generic brands often use a base neutral spirit and add flavors and color to create all types of Liquor. The rising demand for alcoholic drinks specially in the emerging countries such as China, Indonesia and Singapore drive the market for alcoholic beverages. Moreover, with the rising disposable income and consumer preference and loyalty towards branded alcohols drives the market for premium alcohol during the forecast period. Additionally, increasing...
Global Online Home Decor Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2026. Online Home Decor market includes the availability of home décor goods such as Posters, frames, furniture, vases, wall mirrors, which enhance the visual appeal of the house, Online. The Rising demand for eco-friendly furnishings and multi-functional furniture drives the market towards growth. Further rising demand for premium furniture and availability of multiple options on the Online store fuels the market growth. Also, the rising disposable income coupled with growing popularity of interior designing further boosts the market growth. Moreover...