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According to a new report published by Allied Market Research, titled, “Clinical Trial Packaging Market,” The clinical trial packaging market size was valued at $2.58 billion in 2021, and is estimated to reach $6.21 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031. Clinical trial packaging is an important factor to place devices in the market safe and secured during the shelf life. Packaging performs protection and communication with the environment, humans, and vice versa. For a medical device, protection is necessary by maintaining package integrity, usually, proper packaging is required for medical equipment to avoid, physical damage, biological contamination, and other external disturbance. In addition, other motive is the proper identification of the device by means of labeling.

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Rapid advancements in the technology involved in medical equipment, coupled with introduction of new and innovation devices require specialized and smart packing solutions, which also drives the market growth. Moreover, increase in number of patients with acute and chronic ailments have a direct and positive impact on the demand for clinical trial packaging, rise in environmental concerns, coupled with increased expenditure on healthcare infrastructure has led to production and innovation of eco-friendly packing solutions. However, strict rules & regulations imposed by the government across the world may hamper the global clinical trial packaging market growth. Conversely, increase in need for sterile packaged, tamper-proof, and nonreactive products with great performance & reducing total cost of ownership are few factors that create lucrative opportunities for the clinical trial packaging industry in the future.

The global clinical trial packaging market segmented on the basis of packaging type, material, end user, and region. On the basis of packaging type, it is further classified into syringes, vials & ampoules, bottles, bags & pouches and others. By material, it is divided into plastic, glass, metal, paper, and corrugated fiber. By end user, it is categorized into research laboratories, clinical research organizations, and drug manufacturing facilities. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players profiled in the global clinical trial packaging market analysis include, Almac Group Limited, 3M Company, Bilcare Limited, Corden Pharma International, Thermo Fisher Scientific Inc., Mawdsley-Brooks & Co. Ltd., Parexel International Corporation, Piramal Enterprises Ltd., Sharp Services, LLC, Caligor Coghlan, Next Pharma Technologies Holding Limited, PCI Pharma Services, Sentry BioPharma Services, Westrock Company, Körber Medipak Systems AG, WuXi AppTec, and Xerimis Inc.end userend user. Major companies in the market have adopted product launch, partnership, business expansion and acquisition as their key developmental strategies to offer better products and services to customers and boost the clinical trial packaging market share.

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Key findings of the study

• The report provides an extensive analysis of the current and emerging global clinical trial packaging market trends and dynamics.
• Depending on packaging type, the bags & pouches segment was the largest revenue generator in 2021.
• By material, the plastic segment generated the highest revenue in 2021.
• Based on end user, the research laboratories segment dominated the market in 2021.
• Region wise, North America is anticipated to dominate the global clinical trial packaging market throughout the study period.
• The report provides an extensive analysis of the global clinical trial packaging market opportunities of the market.
• The global clinical trial packaging market forecast analysis from 2022 to 2031 is included in the report.

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According to a new report published by Allied Market Research, titled, “Child Resistant Packaging Market,” The child resistant packaging market size was valued at $23.2 billion in 2021, and is estimated to reach $44 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

Child-resistant packaging is a special packaging used by manufacturers to reduce the risk of children consuming dangerous goods. Child-resistant packaging for medicines is difficult to open. Manufacturers use tamper-proof closures to implement child-resistant packaging. Safety regulations such as safety caps to be included in the packaging of pharmaceutical products. In addition to caps and closures, there are child-resistant variations for blister packs and cartons.

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Demand for child-resistant packages made of paper, metal, and fiber is increasing compared to plastic materials for pharmaceutical and alcohol packaging as they have recyclable and compostable properties which is expected to boost the child-resistant packaging market growth. Strict regulations on child health by certain regulatory agencies are expected to further stimulate the child-resistant packaging market. Increase in use of medications, pharmaceutical products, and chemicals due to growth in population is expected to boost the child-resistant packaging market. Further, this type of packaging is used in personal care and cosmetics packaging, which prevents direct contact with children, and hence, acts as a growth driver for the child-resistant packaging industry. However, lack of end-user awareness of child- resistant packages can hinder child resistant packaging market growth.

Major players have adopted product launch and acquisition as key strategies to sustain the competition and improve product portfolio. For instance, in January 2020, one of the global leaders in child-resistant packaging, Origin Pharma Packaging launched a new child-resistant jar that is especially designed for the tobacco and cannabis industry. The new child-resistant jar prevents children from getting access to the contents in the jar.

North America, accounting for largest share of the global child resistant packaging market share, has dominated the global child-resistant packaging market in terms of revenue in 2021, owing to rise in demand in various industries such as pharmaceutical and food & beverages is anticipated to boost the child resistant packaging market opportunities.

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However, during the COVID-19 pandemic, various manufacturers in the child- resistant packaging market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of child-resistant packaging companies. In addition, lack of manpower and raw materials constricted supply of equipment, which negatively influenced the growth of the child-resistant packaging market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of the child resistant packaging industry.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global child resistant packaging market trends and dynamics. 
• By product type, the caps and closures segment has dominated the child-resistant packaging market, in terms of revenue, in 2021 and blisters is projected to grow at a significant CAGR during the forecast period.
• By end-user industry, the pharmaceutical segment has registered highest revenue in 2021.
• By region, Asia-Pacific is projected to register highest growth rate in the coming years.
• In-depth child resistant packaging market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
• Child resistant packaging market forecast analysis from 2022 to 2031 is included in the report.
• The key players within the child-resistant packaging market are profiled in this report and their strategies are analysed thoroughly, which help understand the competitive outlook of this industry.

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According to a new report published by Allied Market Research, titled, “Global Boat Speedometer Market by Application, Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global boat speedometer market was valued at $353.3 million in 2020, and is projected to reach $558.5 million by 2030, growing at a CAGR of 4.6% from 2021 to 2030. In 2020, Europe dominated the global boat speedometer market accounting for 56.5% share of the market.

The key players profiled in the market report include Faria Beede Instruments, Inc, Veethree Group, Flir Systems Inc (Raymarine Plc), Nasa Marine Ltd, Gaffrig Performance Inc, Cruzpro Limited, Autometer Products, Compx International Inc (Livorsi Marine Inc), nKe Marine Electronics, and SAN GIORGIO S.E.I.N. srl.

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Boat speedometer products are largely used in marine, boats, ships, sailbaots, and yachts. A boat speedometer is a device used to measure a boat’s speed relative to water. Boat speedometer is used on submarine and surface boats. Boat speedometer is available in two display modes, analog display and digital display.

Rise in disposable income of population coupled with surge in spending on tourism activities boosts the demand for boat speedometer in sailboats and keelboats, thereby driving the growth of the global boat speedometer market. For instance, disposable income of Spain registered a growth of 5.9% from 2017 to 2020. Increase in trend of recreational boating across the globe is expected to boost the growth of the boat speedometer market. Boat speedometer is able to perform with 12V or 24V on all types of boats, which assists in maintaining the control and speed of boats and sailboats, thereby fueling the growth of the boat speedometer market.

Rise in sea borne trade augments the demand for boat and yacht systems, which is expected to contribute to the growth of the global boat speedometer market. Pressure gauges, voltmeters, pitometer, tachometer, and GPS speedometer some of the boat speedometer products available in the market that have been widely adopted in boat and yacht systems to maintain the speed of boats and keelboats.

The major players, such as Cruzpro Limited, Nasa Marine Ltd, and Flir Systems Inc, offer boat speedometer products for boats, sailboats, and recreational boats to the market. For instance, West Marine Inc offers GPS speedometer, Sierra Universal MPH GPS boat speedometer. It has a diameter of 3.375 inches and is waterproof. It is easy to install and assembles on boats and ship. It is able to work with 12 V and 24V on all types of boats.

Various manufacturers in the global boat speedometer market had to shut down their business activities due to lockdown initiated in countries such as the UAE, India, and Brazil. This directly impacted the sales of boat speedometer, globally. For instance, the net sales of Compx International Inc decreased by 7.8% from January 2019 to January 2020. In addition, lack of raw materials, disruption in supply chain, and lack of manpower halted the supply chain of boat speedometer products. However, availability of vaccines for coronavirus disease is projected to lead to the opening of the global boat speedometer market at full-scale capacities by the end of 2021 or start of 2022.

However, fluctuation in raw material prices and availability of substitutes, such as impeller log and propeller log, are anticipated to restraint the growth of the boat speedometer market. On the contrary, rise in water sports activities globally is anticipated to create growth opportunities for the global market.

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The global boat speedometer market is segmented into application, type, distribution channel, and region. On the basis of application, the market is divided into motor boats, sailboats/yachts, and others. The motor boats segment dominated the market in 2020. On the basis of type, the market is fragmented into analog and digital. The digital segment generated the highest revenue in 2020. Depending on distribution channel, the market is segregated into offline and online. The offline segment dominated the market in 2020.

Region-wise, the global boat speedometer market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Europe was the highest contributor to the global boat speedometer market share, and is anticipated to secure a leading position during the forecast period.

Key Findings Of The Study

• The report provides an extensive analysis of the current and emerging global boat speedometer market trends and dynamics.
• By application, the motor boats segment dominated the market in 2020.
• By type, the digital segment registered highest growth in the global boat speedometer market in 2020.
• Based on distribution channel, the online segment is projected to register the highest growth rate in the coming years.
• The report provides an extensive analysis of the trends and emerging opportunities of the market.

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According to a new report published by Allied Market Research, titled, “Global Blanking Machine Market by Product Type, Material, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global blanking machine market size was valued at $0.92 billion in 2020, and is expected to reach $1.45 billion by 2030, with a CAGR of 4.2% from 2021 to 2030. In 2020, Asia-Pacific dominated the market, in terms of revenue, accounting for around 45.10% share of the global market.

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Developments in automotive, aerospace, and defense sectors and economic growth drive the growth of the market. However, fluctuation in raw material prices is anticipated to hamper the growth of the global blanking machine.

Blanking machines are used for cutting or blanking relatively soft delicate materials such as paper, metal, and fabric. They can be also used to cut hard materials such as sponge, function films, plywood, and rubber. Blanking machine is adopted in machining operations, owing to precision control, smooth machining operation, maintain balance, and avoid positioning error. These factors fuel the blanking machine market growth.

Major players such as Precision Surfacing Solutions, Komori Corporation, and others launched new blanking machine to the market. For instance, in January 2020,  Komori Corporation has developed new auto pile turner Apressia AT120H at a private show in Japan. It is best suitable for blanking machines. It has a maximum stack height of 2,000 mm. It has pallet clamp function that enables pallet and paper centering option. It has features such as easy touch panel operation, sound safety measures, and machine support.

Various manufacturers in the blanking machine manufacturers had to shut down their businesses activities due to the lockdown initiated in countries such as UAE, India, Brazil, and others. This break has directly impacted the sales of blanking machine manufacturing companies globally. For instance, the net sales of AMADA Co Ltd dropped by 19.8% from March 2020 to March 2021. In addition, lack of raw materials, disruption in supply chain, and lack of man power halted the supply chain of blanking machine products. However, the re-initiation of the blanking machine industry and availability of vaccines for coronavirus disease are projected to lead to the opening of the global blanking machine at their full-scale capacities.

The blanking machine market is segmented on the basis of product type, material, end user, and region. On the basis of product type, the market is divided into hydraulic, pneumatic, and mechanical. Mechanical segment generated the highest revenue in 2020. On the basis of material, the market is classified into steel, aluminum, alloy, and others. Steel segment dominated the market in 2020. On the basis of end user, the market is categorized into automobile industry, aerospace industry, home applications, and others. Automobile segment generated the highest revenue in 2020.

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Region wise, the global blanking machine market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global blanking machine market share, and is anticipated to secure a leading position during the forecast period.

Key Findings Of The Study

• By product type, mechanical segment was the largest revenue generator in 2020.
• By material, steel segment generated the highest revenue in 2020.
• By end user, the automobile accounted for the highest revenue in 2020.
• By region, Asia-Pacific is anticipated to dominate the global blanking machine throughout the study period.

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According to a new report published by Allied Market Research, titled, “Anti-fog Lidding Film Market,” The anti-fog lidding film market size was valued at $675.80 million in 2021, and is estimated to reach $1.3 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.

Anti-fog lidding film is an effective way to reduce the danger of corrosion of the product inside the packaging and also to avoid the formation of fog due to the moisture present in the food product. It is used to seal plastic containers, paperboard prints, or trays for food items such as dairy products, meat, poultry & seafood, and fresh produce, and others.

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The rise in demand for packaged food in various countries such as U.S. Germany, and China is expected to boost the growth of the market. In addition, the anti-fog film provides a consumer-friendly packaging solution that does not leak while the package is shipped. To open the anti-fog lid pack, the consumer simply lifts the tab on the box and if there is food left in the box, it can be stored in the same pack. Manufacturers seek to provide customers with clear visibility of their products by using anti-fog lidding film. These are generally made up of materials such as polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), polyvinyl chloride (PVC), and polyamide (PA). These anti-fog lidding films can be used on flexible type of packaging of the food products so that the product inside the packaging can be clearly visible to the consumer. Such factors are anticipated to boost the anti-fog lidding film market growth.

Major players have adopted product launch and acquisition as key strategies to sustain the competition and improve the product portfolio. For instance, in April 2022, ProAmpac launched its unique ProActive PCR® Retort with high-performance retort pouches containing post-consumer recycled materials responding to the increased market demand for post-consumer recycled (PCR) packaging solutions, and it is a leader in flexible packaging.

Europe accounted for highest share of the global anti-fog lidding film market share in terms of revenue in 2021 owing to increase in demand for ready to eat foods that has positive impact on the demand for anti-fog lidding film.

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However, during the COVID-19 pandemic, various manufacturers in the anti-fog lidding film market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of anti-fog lidding film companies. In addition, lack of manpower and constricted supply of raw materials of anti-fog lidding film negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of anti-fog lidding film market opportunities.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global anti-fog lidding film market trends and dynamics.
• Depending on material, the polyethylene (PE) segment dominated the anti-fog lidding film market, in terms of revenue in 2021 and polyethylene terephthalate (PET) is projected to grow at a significant CAGR during the forecast period.
• By end user industry, the fresh produce segment has registered highest revenue in 2021.
• Europe is projected to register highest growth rate in the coming years.
• The key players within the global anti-fog lidding film market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the anti-fog lidding film industry.
• The anti-fog lidding film market forecast analysis from 2022 to 2031 is included in the report.
• In-depth global anti-fog lidding film market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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According to a new report published by Allied Market Research, titled, “Fiberglass Doors Market,” The fiberglass doors market size was valued at $12.3 billion in 2021, and is estimated to reach $30.2 billion by 2031, growing at a CAGR of 9.3% from 2022 to 2031.

A fiberglass door is made up of compression molded fiberglass. The high density of this strong material gives the door its long durability without losing the required flexibility and appearance. Fiberglass doors are a strong alternative to wood doors. It has three major components, such as the frame, core, and skin. The frame is usually made of wood or a high-strength composite material. The core is filled with a polyurethane insulating foam for both insulation and soundproofing.

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The demand for doors is largely driven by the increase in multifamily housing trends; rise in adoption of fiberglass doors in commercial sector; and development of energy-efficient doors. Fiberglass doors are found in hotels and restaurants. These doors can rarely be scratched, peeled, or warped, and offer more cold weather advantages owing to their insulation properties. The adoption of these doors is relatively moderate as compared to fiberboard and solid wood doors. However, this material is widely utilized as it is least affected by harsh environments as compared to other materials. Moreover, escalation in industrialization and urbanization in economies, which include India and Africa, is expected to cater to the development of the doors market. Further, a surge in consumer expenditure on home renovation and enhancement activities and improvements in new construction activities are expected to provide remunerative growth opportunities for the market players.

Major players have adopted product launches, partnerships, and acquisitions as key strategies to sustain the competition and improve the product portfolio. For instance, in January 2022, Therma-Tru, partnered with LARSON to introduce the impression integrated storm & entry door system, and it is designed to outperform expectations. The system features premium quality and seamless style. Such factors is anticipated to boost the fiberglass doors market growth.

As a result, Asia-Pacific accounted for the highest share of the global fiberglass doors market share in terms of revenue in 2021. This isowing to increased investment in tourism by private as well as public sector has also led to the increased construction activities, thereby; creating a demand and boost the fiberglass doors market opportunities.

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However, during the COVID-19 pandemic, various manufacturers in the fiberglass doors market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of fiberglass doors companies. In addition, lack of manpower and raw materials constrained the supply for raw materials of fiberglass doors, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to the re-opening of fiberglass doors companies.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global fiberglass doors market trends and dynamics.
• Depending on product type, the exterior segment has dominated the fiberglass doors market in terms of revenue in 2021, while the interior is projected to grow at a significant CAGR during the forecast period.
• By end user, the non-residential segment is expected to register the highest revenue in 2021.
• Asia-Pacific is projected to register the highest growth rate in the coming years.
• The key players within the global fiberglass doors market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand competitive outlook of the fiberglass doors industry.
• The fiberglass doors market forecast analysis from 2022 to 2031 is included in the report.
• In-depth global fiberglass doors market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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