Global Luxury Boxes Market is accounted for $6.65 billion in 2017 and is expected to reach $10.42 billion by 2026 growing at a CAGR of 5.1% during the forecast period. Some of the key factors such as increasing packaging industry, changing buyer inclinations and rising disposable income are driving the market growth. However, price volatility of raw materials is restraining the market growth.
Luxury boxes are used for packaging and decorating high-end products and generally used in healthcare and medical, FMCG, and household products. Prominent packaging manufacturers are accessing different high quality materials and inventive shapes, as these properties improve the consumer experience. Luxury brand manufacturers are investing in packaging as a strategy to improve their brand image.
Based on Material, Glass segment held significant market share during the forecast period due to strong sustainability associations and aesthetically appealing properties. By geography, Asia Pacific acquired the largest market share owing to an increase in consumer spending in China, India, Japan, and other countries over the forecast period. The growing demand for packaged food and beverages, personal care, healthcare goods and alcoholic beverages are fuelling the growth in this region.
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Some of the key players profiled in the Luxury Boxes Market include Mondi Group, International Paper, Sunrise Packaging, Robinson, Karl Knauer KG, Mayr-Melnhof Karton, Metsa Board, HH Deluxe Packaging, Stevenage Packaging, DS Smith, Smurfit Kappa, Stora Enso, McLaren Packaging, Keskeny & Co Ltd, Verpack (Diam Group), Solutia Italia, Westrock, Coverisa and Kolbus GmbH.
Materials Covered:
• Wood
• Metal
• Paper
• Plastic
• Glass
• Other Materials
Types Covered:
• Tray with Sleeve
• Flip top or Cigar box
• Telescopic
• Neck Box
• Book Style
• Clamshell
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End Users Covered:
• Food
• Apparel
• Tobacco
• Personal Care & Cosmetics
• Beverages
• Jewellery
• Electronics
• Other End Users
End Users Covered:
• Chemical
• Primary Metal
• Thermal Power Plants
• Food
• Refineries
• Process Industry
• Pharmaceutical & Healthcare
• Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
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- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
According to a new report published by Allied Market Research, titled, “Mouthguard Market by Type, Material, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global mouthguard market size was valued at $189.4 million in 2020, and is projected to reach $369.9 million by 2030, registering a CAGR of 6.6% from 2021 to 2030.
Moreover, rise in consumer spending on mouthguard is observed in developed economies such as the U.S. As per the statistics, consumer spending on mouthguard has increased from $66 million to $84 million from 2010 to 2014 in the U.S., which has further supported the mouthguard market growth.Rise in participation in sports activities, growth in consumer spending on mouthguard, increase in health consciousness among consumers, prominence of national & international sports events are the mouthguard market trends which is likely to foster the growth of mouthguard industry.
However, availability of cheap and counterfeit products restrains the market growth.
Based on sales channel, the market is segmented into specialty retail stores, multi-retail stores, and online stores & others.
The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.Based on type, the boil and bite mouthguard segment held the major share in the market and is expected to remain dominant throughout the forecast period.
These types of mouthguard are sold at sporting goods stores, inexpensive and offer a better fit than stock mouthguard.Based on material, the polyethylene-polyvinylacetate copolymer material segment gain a major traction in the market.
Textured Soy Protein Market is forecast to reach revenue of $3.16 Billion by 2025, growing at a CAGR of 8.45% during the forecast period 2020-2025.
At present, consumer trend towards choosing plant-based protein products and meat alternatives are resulting in the expansion of textured soy protein market size at a rapid pace.
Accelerating plant protein trend is helping companies capitalize to increase their textured soy protein market share.
Non-GMO product type held largest share of the global textured soy protein market and is estimated to dominate the forecast period in 2020-2025.
In U.S consumers currently enjoy soy as a fresh vegetable dish in the form of edamame, and as a protein-providing legume that can be eaten in the same ways as other types of canned beans.
The main factor that has limited the use of soy products in western countries was the unpalatable taste of soy products, which is linked to the action of the lipoxygenase enzyme on the soybean oil.
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This research report titled “Evaporative Air Coolers Market Investigation & Development Trends Analyzed by 2028” focuses on the evaporative air coolers market, published to the vast repository managed by FactMR.
The analysis focuses on the prime geographical regions based on their market size, revenue and attractiveness factors.
Readers can even access information such as key developments, technologies, innovations, etc., concerned to the evaporative air coolers market.Request for a Free Sample Report - https://www.factmr.com/connectus/sample?flag=S_id=840Evaporative air coolers incorporate evaporative cooling and are used to lower temperatures in the areas where these are installed, thereby finding widespread adoption in both indoor and outdoor applications across the global residential and commercial sector.
Over the years, the demand for evaporative air coolers has witnessed a surge owing to several factors.
Global warming is one of the main factors fueling growth in demand for evaporative air coolers.
Rising temperatures across the world have necessitated the adoption of evaporative air coolers to lower the temperature by converting water to vapor using thermal energy, thereby cooling the surrounding atmosphere.
