Vertical Farming Market Business Overview, Challenges And Top Key Players till 2025

April 21, 2021: The global Vertical Farming Market is expected to reach USD 9.9 billion by 2025 owing to rise in use of IoT (Internet of Things) for agriculture and crop production. A vertical farm ensures the sustainability of cities by addressing food security to the ever-increasing population. It is rather a simple concept of urban farming. Many cities across the globe have adopted the models of vertical farming. There can be three types or multiple models of vertical farming, viz, vertical farming carried on old warehouses and buildings; the second type takes place on rooftops, old buildings and residential structures and the third type takes place on multi-storeyed building, restaurants and retail stores.

The success of vertical farming is proportional to the size of vertical farming mentioned above. Vertical farming techniques hence encourage the city dwellers to opt for eco-friendly farming practices by following correct methods of waste disposal.

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Vertical farming industry is driven by factors such as rise in automation and increasing use of big data analytics to maximize the yield of production. Rise in urbanization and rising demand for high quality foods coupled with novel techniques of farming is likely to fuel the market growth in the near future. Use of several mechanisms to optimize the crop yield under suitable climatic conditions is expected to propel the market growth in the forecast period. However, cost of investment and availability of fewer crop varieties coupled with dearth of technical proficiency are likely to restrain the market growth in the forecast period up to 2025.

Vertical farming market is segmented based on structure, which includes building-based and shipping container. By offering, the vertical farming industry segmentation includes hydroponic components, lighting, sensors, and climate control. By mechanism, the vertical farming market segmentation includes aeroponics, hydroponics, and aquaponics. Hydroponic system accounts for a significant market share in the forecast period since it is widely used and it eliminates the need for pesticides and artificial ripening agents, which further improves the nutrition in vegetables.

Geographic segmentation for vertical farming industry includes North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Asia-Pacific vertical farming market is expected to gain a significant market share in the forecast period due to rise in population and limited availability of fertile land. The key players in the vertical farming industry include Bright Farms, Everlight Electronics Co Ltd, Koninklijke, Aerofarms, IllumitexInc, Sky Greens and Green Sense Farms.

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Market Segment:

Vertical Farming Structure Outlook (Revenue, USD Million; 2014 - 2025)

    • Shipping container

    • Building-based

Vertical Farming Offering Outlook (Revenue, USD Million; 2014 - 2025)

    • Lighting

    • Hydroponic components

    • Climate control

    • Sensors

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million; 2014 - 2025)

    • Hydroponics

    • Aeroponics

    • Aquaponics

Vertical Farming Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East and Africa (MEA)

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Transformer Oil Market Business Overview, Challenges, Opportunities, Trends And Top Key Players till 2025

April 21, 2021: Global Transformer Oil Market is anticipated to reach USD 4.05 billion by 2025. Transformer oil is also known as “Insulating oil”. Transformer oil is a superlative insulator for electricity, and it is stable at high temperature. This transformer oil is mainly a derivative of mineral oils, but substitute composition with better chemical and physical properties. Transformer oil has several properties such as high resistivity, thermal conductivity, minimum power loss, excellent di-electricity, chemical stability, and among others.

The factors that propel the growth of the Transformer Oil industry include increasing electric demand in emerging countries such as Brazil, South Africa, and India; which are anticipated to develop their grid infrastructure to increase the availability of electricity to the population.

On the other hand, there are factors that may hamper the growth of the market including strict environmental laws and shift towards organic oils, and the transition towards renewable sources of energy. Transformer Oil Market is anticipated to grow at a significant CAGR of 11.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Transformer Oil may be explored by product type, application, end users, and geography. Transformer Oil may be explored by product type as Mineral-based Oils, (Paraffinic Base Oils, Naphthenic Base Oils), Bio-based oils, and Silicone-based oils. The “Mineral-based Transformer Oil” segment surpassed the Transformer Oil industry in 2016 and is anticipated to maintain its dominance by 2025 owing to superior operational advantages, and environmental benefits.

The key applications that could be explored in the Transformer Oil Market include Utility Transformer Oils, Large-scale Transformers, and Small-scale Transformers. The “Small- scale Transformer” segment surpassed the Transformer Oil industry in 2016 and is anticipated to maintain its dominance by 2025 owing to growing electrification and urbanization of rural areas, several government initiatives to expand the power infrastructure, particularly in emerging economies such as Latin America, Africa, and Asia-Pacific. Transformer Oil may be explored by end users as chemicals and automotive.

Asia-Pacific accounted for the major share of the Transformer Oil Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include expansion of electric grids, increasing power requirements, and increasing requirement to transform & upgrade existing electricity supply organizations in emerging nations such as Vietnam, India, Indonesia and Thailand.

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Some of the key players that fuel the growth of the Transformer Oil industry comprise ABB Ltd., General Electric Company, Siemens AG, Mitsubishi Electric Corporation, Crompton Greaves Limited, Hyundai Heavy Industries Co. Ltd., Toshiba Corporation, Hyosung Group, Bharat Heavy Electricals Limited, Schneider Electric, and SPX Transformer Solutions, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • Mineral-based Oils

        • Naphthenic Base Oils

        • Paraffinic Base Oils

    • Silicone-based oils

    • Bio-based oils

Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • Small-scale Transformers

    • Large-scale Transformers

    • Utility Transformer Oils

Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

        • UK

        • Italy

        • Russia

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Mexico

        • Brazil

    • Middle East & Africa

        • Saudi Arabia

        • UAE

        • Oman

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Protective Packaging Market Opportunities, Challenges, Strategies And Forecast till 2025

April 20, 2021: The global Protective Packaging Market is estimated to touch US$ 44.60 billion by the completion of the period of prediction. The market was appreciated at US$ 27.42 billion in the year 2016. The issues like growing production of manufacturing units on international level, incessant progressions of technology, and end user expenditure on wrapped merchandises, are anticipated to be the important features of development.

Growing demand from a number of end-use businesses has been an important issue motivating the progress of the market all over the world. Furthermore, important request from e-commerce business, particularly in Asia Pacific is expected to power the demand above the period of prediction. Market is estimated to develop at a CAGR of 5.6% for the duration of the prediction.

The protective packaging market on the source of Type of End Use could span Automotive, Household Appliances, Industrial Goods, Healthcare, Consumer Electronics, Food & Beverage, and Others. The subdivision of Food &Beverage was the biggest end-use subdivision in the year 2016 and the inclination is expected to carry on above the period of prediction.

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The protective packaging market on the source of Type of Function could span Cushioning, Insulation, Void Fill, Blocking & Bracing, Wrapping. The subdivision of Wrapping was the biggest subdivision, by means of type of function, of the international market in the year 2016.The inclination is expected to carry on above the period of prediction. The function of wrapping proposes multipurpose and lightweight way out to safeguard products for the duration of transport, storing or usage.

The protective packaging market on the source of Type of Material span Plastic, Paper & Paperboard, Plastic Foams, and Others. The protective packaging industry on the source of Type shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Rigid, Flexible, Foam. The international demand for foam protective packaging was appreciated at US$ 5.72 billion in the year 2016 and is expected to record a CAGR of 5.0% for the duration of prediction. The subdivision of Foam protective packaging is expected to obtain the subsequent biggest stake of the international market by means of proven industrialized end-use marketplaces in spite of strong struggle from the subdivisions of Rigid and Flexible.

The products of Foam consist of free seals, foam, extended polyurethane foams, in position molded foams and polyurethane. The subdivision of Rigid was responsible for the minimum stake of the international market in the year 2016. On the other hand, the subdivision is expected to mark concrete achievements. The subdivision of Rigid was responsible for 14.3% stake of international business.

The protective packaging industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.A, Canada and Mexico], Europe [France, Germany, U.K., Russia], Asia Pacific [India, Japan, China], Central & South America [Brazil], Middle East &Africa.

By the source of geography, North America and Asia Pacific are expected to be the most important markets above the prediction period. Those are motivated by increasing demand from e-commerce business for the shielding of transported merchandises. Growing expenditure from buyers, constant technical progressions, and developments in industrialized actions in Asia Pacific are motivating the development. The existence of greater inhabitant in the nations like India and China are backing in the direction of the development of e-commerce business, which, sequentially, is expected to activate the development.

The Asia Pacific was responsible for 38.82% stake of the entire worldwide income in the year 2016. The area was tracked by North America, that was appreciated at US$ 7.36 billion in 2016 and is expected to develop by CAGR of 5.3% between the period of prediction. A number of issues for example growing middle class population, suburbanization, and salary stages of inhabitants are expected to pay to development in North America.

The statement revises Trades in terms of intake of protective packaging in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Cascades Corporation, Storopack Hans Reichenecker GmbH, Pregis LLC, Huhtamaki OYJ, Sealed Air Corporation, Smurfit KAPPA Group, The DOW Chemical Company, Pro-Pac Packaging Limited, DS Smith PLC, Sonoco Products Company, Westrock Company, Ranpak.

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Additional notable companies operating in the field are Riverside Paper Co., 3M Corporation, Cartonajes Vir SA, Automated Packaging Systems Inc., Mold-Rite Plastics, MJS Packaging Company, Signode Protective Packaging Solutions, Intertape Polymer Group Inc., PlaconCorporation.

Market Segment:

Type Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

    • Flexible

    • Foam

    • Rigid

Material Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

    • Paper & Paperboard

    • Plastic Foams

    • Plastic

    • Others

Function Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

    • Void Fill

    • Wrapping

    • Insulation

    • Blocking & Bracing

    • Cushioning

End-use Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

    • Food & Beverage

    • Industrial Goods

    • Consumer Electronics

    • Household Appliances

    • Healthcare

    • Automotive

    • Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

        • Russia

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

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Membrane Switch Market Growth Analysis And Opportunities Forecast Report till 2025

April 20, 2021: Global Membrane Switch Market is estimated to reach USD 13.14 billion by 2025 owing to increased applications across varied sectors. Membrane Switch could be defined as an electrical switch that is employed for turning a particular circuit on and off. The Membrane Switch market is expected to grow at a CAGR of 12.1% in the years to come. The most striking aspects associated with the usage of membrane switches might include excellent sealing ability, ease of cleaning, and low profile. The most widespread employment of the membrane switches lies in consumer appliances including washing machine, TV remote control, and air conditioner.

Robust growth of the electronics and semiconductor industries, research and development activities, rapid industrialization, technological development, augmented demands across varied sectors, and rising investments by the leading manufactures have been recognized as the key factors that are expected to drive the membrane switch industry growth in the forthcoming period. Also, growing application in consumer goods will contribute greatly to the market growth. It has been anticipated that the leading companies are likely to widen the distribution channels which will eventually offer an impetus to the market growth.

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The Membrane Switch market can be explored based on the product type as Polycarbonate, and Polyester. The Polyester product type is projected to cover a significant share in the market due to its enhanced properties including robustness, and durability. Another area of interest in the market could be of application. It may comprise Medical, Industrial, and Consumer Goods. The Industrial segment is likely to occupy a significant share in the market. Increased demand and technological development might prove to be the major drivers to the segment’s growth. Also, owing to huge medical expenditure, and growing R&D activities, the medical segment is expected to witness a huge upsurge. The membrane switch industry can be categorized based on product, application, and geography.

Asia Pacific has been dominating the market and will continue to attain a higher CGAR in the market. Countries like China and South Korea are estimated to play a key role in fostering the region’s growth. The factors that can be accredited to the future growth might entail heavy manufacturing base, and augmented demands for consumer electronics and innovative medical devices. It is projected that North America will emerge as the succeeding leading region in the market. The United States has been recognized as the significant contributor to the region’s growth owing to presence of leading manufacturers, and burgeoning applications across the region.

Also, Europe will soon witness a robust growth in the near future. Countries like Germany and France have emerged as the key contributors to the region’s market growth owing to factors such as presence of leading companies and expanding industrial electronics market.

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Some of the prominent companies that promote the Membrane Switch Market are LLC, Esterline Technologies Corporation, Butler Technologies Inc, GOT Interface, Design Mark Industries Inc, Epec, DOUGLAS CORPORATION, and others. Also, Nelson-Miller Inc, Molex, Xymox Technologies Inc, and Dyna-Graphics, have emerged as the key manufacturers in the market. The key companies are taking up policies like mergers and acquisitions, partnerships, and joint ventures in order to foster the inorganic growth of the industry.

Market Segment:

Product Outlook (Volume, Million Units, Revenue, USD Million, 2014 - 2025)

    • Polyester

    • Polycarbonate

    • Others

Application Outlook (Volume, Million Units, Revenue, USD Million, 2014 - 2025)

    • Industrial

    • Medical

    • Consumer goods

    • Others

Regional Outlook (Volume, Million Units, Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Germany

        • France

    • Asia Pacific

        • China

        • South Korea

    • RoW        

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Medical Tapes And Bandages Market Opportunities, Challenges, Strategies And Forecast till 2025

April 20, 2021: Global Medical Tapes and Bandages Market is anticipated to reach USD 10.97 billion by 2025. Pressure sensitive adhesive tapes that are employed to assist bandage or the other wound dressings are known as “Medical Tapes”. On the other hand, Medical bandages could be defined as a cotton gauge cloth helpful for supporting splint or surgical dressing. Medical tapes and bandages are mainly used to uphold moistness at place of dressing. They offer bacterial & mechanical safety to the wound, and promote wound healing.

The factors that propel the development of the market include increasing incidence of chronic wounds, rising number of surgeries, and increasing aged population. On the other hand, there are factors that may hamper the growth of the market including increasing consciousness about progressive wound care. Medical Tapes and Bandages Market is anticipated to grow at a significant CAGR of 5.10% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Medical Tapes and Bandages industry may be explored by product type, application, end users, and geography. The market by product type could span Plastic Tape, Paper Tape, Fabric Tape, and Other Tapes). Medical Bandages could span Adhesive Bandage, Elastic Bandage, Gauze Bandage, Cohesive, and Other Bandages. The “Medical Bandages” segment led the Medical Tapes and Bandages industry in 2016 and is anticipated to maintain its dominance by 2025 owing to an increase in medical situations that require surgical intervention, increasing aged population, and high number of surgical procedures.

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The key applications that could be explored in the market include Traumatic and Laceration Wounds, Ulcers, Surgical Wounds, Sport Injuries, Burns, and Other Wounds. The “Ulcer Treatments” sector led the Medical Tapes and Bandages Market in 2016 and is anticipated to maintain its dominance by 2025 due to increasing number of patients with ulcers owing to development in the diabetic populace.

The market could be explored based on end users as Homecare Setting, Hospitals, Clinics, and Ambulatory Surgical Centers. The “Hospitals” sector led the Medical Tapes and Bandages industry in 2016 and is anticipated to maintain its dominance by 2025 due to huge number of surgical methods executed in hospitals.

Asia-Pacific accounted for the major share of the Medical Tapes and Bandages Market Size in 2016 and will continue to lead in the forthcoming period. The factors that could be attributed to the growth include increasing patient consciousness regarding wound infections and diseases, and rapidly growing aged populace in the regions.

Some of the key players that fuel the development of the Medical Tapes and Bandages industry comprise Medtronic, Smith & Nephew PLC,3M,Derma Sciences Inc, B. Braun Melsungen AG, Johnson & Johnson, Paul Hartmann AG, Medline Industries Inc., Molnlycke Healthcare Inc., and Cardinal Health Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Tapes

        • Fabric tapes

        • Paper tapes

        • Plastic tapes

        • Other tapes

    • Bandages

        • Muslin bandage rolls

        • Elastic bandage

        • Triangular bandage

        • Orthopedic bandage

        • Elastic plaster bandage

        • Other bandages

Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Surgical wound treatment

    • Traumatic wound treatment

    • Ulcer treatment

    • Sports injury

    • Burn injury

    • Other injury

End-Use Outlook (Revenue, USD Million, 2014 - 2025)

    • Hospitals

    • Ambulatory surgery centers

    • Clinics

    • Homecare

Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • Japan

        • China

    • Latin America

        • Brazil

        • Mexico

    • Middle East and Africa (MEA)

        • South Africa

        • Saudi Arabia

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Collateral Ligament Stabilizer System Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

April 19, 2021: The global Collateral Ligament Stabilizer System Market size is expected to value at USD 2.36 billion by 2025. The market is subject to witness a substantial growth due to the rise in geriatric population across the globe and constant demand of collateral ligament stabilizer systems (CLSS) from sports & fitness industry. Increase in number cases of sport-related trauma is predicted to boost demand of the collateral ligament stabilizer systems (CLSS) in the sports & fitness industry in upcoming years.

Critical injuries occurred during exercises or sporting events such as muscle sprains, ligament tear, trauma, dislocated shoulder-joints, and fracture are further propelling demand of the collateral ligament stabilizer systems (CLSS) in recent years. Globally, the collateral ligament stabilizer system industry is predicted to grow at CAGR of 6.7% in forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Growing concerns regarding prevalence of the chronic disorder among elderly population, which is expected to grow in coming years as well, is responsible for driving high-end demand of the collateral ligament stabilizer systems (CLSS). Similarly, increasing occurrence of arthritis and joint disorders among geriatric population due to weakness in knee ligaments with growing age, thus becoming prone to injuries. Such factors are anticipated to fuel growth of the collateral ligament stabilizer system market in coming years.

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Rise in the road accidents is one of the primary cause of the injuries related to muscle sprains, ligament tear, and ligament trauma, thus attributing to the growth of the collateral ligament stabilizer system industry. As per recent report presented by World Health Organization (WHO), each year as many as ten million people are either injured or permanent disabled because of the road accidents. Collateral ligament stabilizer systems (CLSS) are excellent as knee braces or support to relive pain in joints.

The medial collateral ligament (MCL) is one of the fastest growing segment in the collateral ligament stabilizer systems (CLSS) market with a higher revenue generation in the last couple of years. Substantial investment by leading industry players in the market las led to the development of innovative products, thus accelerating competition in the market. Rise in the incidences related to injury of the medial collateral ligament (MCL) in athletes, majorly due to factor such as rapid changes in speed and direction, and a strong force is applied onto the knee, causing to stretch and tear.

The medial collateral ligament (MCL) segment is expected to witness tremendous growth in upcoming years due to the rise in number of these medial collateral ligament (MCL) in juries. Similarly, the lateral collateral ligament (LCL) segment is anticipated to display a sustained growth in coming years. Increasing popularity of the lateral collateral ligament (LCL) stabilizers is credited to increased applications in personal care devices, sports injuries, and as an emergency medical device. Advantages associated with lateral collateral ligament (LCL) include high comfort level and favorable compensation policies. Such advantages are further propelling the demand of lateral collateral ligament (LCL) stabilizers in coming years.

The collateral ligament stabilizer system industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to growing cases of sports injuries in the region coupled with the rise in the adoption of latest technologies in healthcare sector and existence of well-established medical facilities. Asia-Pacific region is predicted to hold major market share in the collateral ligament stabilizer system market with massive growth in forecast period.

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Countries such as India, China and Japan are leading the Asia-Pacific market with rise in the incidences related to chronic disorders such as osteoarthritis, increase rise in number of severe accident and trauma cases, and substantial investment by industry leaders in the region considering potential opportunities in the region. The key players in the collateral ligament stabilizer system industry are Ossur hf., DJO Global, Inc., DePuySynthes Company, Bauerfeind AG, and DeRoyal Industries Incorporations.

Market Segment:

Collateral Ligament Stabilizer System Ligament Outlook (Revenue, USD Million, 2014 - 2025)

    • Medial Collateral Ligament (MCL)

    • Lateral Collateral Ligament (LCL)

Collateral Ligament Stabilizer System Injury Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Grade 1

    • Grade 2

    • Grade 3

Collateral Ligament Stabilizer System End-use Outlook (Revenue, USD Million, 2014 - 2025)

    • Hospitals

    • Orthopedic Clinics

    • Others

Collateral Ligament Stabilizer System Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • Japan

        • China

        • India

    • Latin America

        • Brazil

        • Mexico

    • MEA

        • South Africa

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Carry Cases Market Opportunities, Challenges, Strategies And Forecast Analysis Report till 2025

April 19, 2021: Global Carry Cases Market is anticipated to reach USD 9.27 billion by 2025 owing to the increase in spending power of consumers for devices like tablets, laptops, etc. Carry cases, sleeves & slipcases or backpacks are the protection for laptops, documents and other stationary materials while carrying them from one place to another. Protection of devices and gadgets is one of the main characteristics of these carry cases.

Easy to carry and light in weight are the technological improvements observed in carry cases. Other advanced features of the growing demand of carry cases comprise radio frequency identification (RFID)-enabled and checkpoint-friendly carry cases. Similarly, the manufacturing of stylish yet sophisticated carry cases is expected to boost carry cases market with a CAGR 6.1% in near future.

The carry cases or the cover cases not only improve the functionality but also provide aesthetic look along with features like smart storage capacity, tracking technology, etc. The manufacturing of various models of laptops and other gadgets are predicted to fuel the carry cases market, since carry cases differ from model to model. Additionally, the manufacturing of smart carry cases is projected to upsurge the demand for carry cases in future. Smart cases are made of special material that can effectively block signals to protect credit cards, passport or other credentials from wireless burglary.

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Carry cases market is also estimated to present considerable growth due to the development of innovative products with enhanced functionality and the use of quality materials. Moreover, modern features like multi-device storage and custom-made solutions accelerate its adoption rate among buyers. The growing trend of customization like personal printings done and imprinting names on the carry cases are predicted to outgrowth the demand in near future which is likely to boost carry cases market significantly.

Furthermore, the carry cases are also used for promotional and marketing activities, which again raises the product demand in corporates and educational institutions. For instance, currently educational institutions offer laptops to their students during admissions and corporates offer either laptops or notebooks to its employees. The carry cases for these devices are available in creative designs like headphone outlet feature and invisible zipper.

The carry cases market comprises numerous market players, together with the local manufactures and authorized retailers as well. This intensifies the market competition in terms of price and quality. However, the availability of imitation products is expected to obstruct the growth of the market.

Carry case market is categorized on the basis of product type, customer type, and geography. On the basis of product, the market is segmented as briefcase, messenger bags, sleeves, backpacks, etc. Sleeves segment is predicted to dominate the carry cases market in the forecast period. On the basis of customer type, the market is divided into commercial and consumers.

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The commercial segment is predicted to dominate the market in the nest future owing to its spurring growth. Geographically, the market is segmented as North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Due to the growth of electronic corporations in Asia Pacific, the region is expected to dominate the carry cases market in the forecast period. The key market players profiled here are AsusTeK Computer Inc., Targus, Torg, Incase Design Corp., Fabrique Ltd., Lenovo, Swissgear, Thule Group, Case Logic, and North Face.

Market Segment:

Carry Cases Product Scope (Revenue, USD Million; Volume, Million Units; 2014 - 2025)

    • Backpack

    • Briefcase

    • Messenger bags

    • Sleeves

    • Others

Carry Cases Customer Type Scope (Revenue, USD Million; Volume, Million Units; 2014 - 2025)

    • Consumer

    • Commercial

Carry Cases Regional Scope (Revenue, USD Million; Volume, Million Units; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • MEA

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com