Acyclic nature of mining and construction industry have a direct impact on the bulk material handling equipment market. Consequently, bulk material handling equipment projected to reach US$ 56.83 Bn in 2026 from US$ 38.29 Bn in 2017. The market estimated to register a moderate growth rate of 4.5% owing to modest mining and construction sector.
In recent years, LED lights have emerged as a reliable source of lighting. The use of LEDs has increased considerably on account of the superior benefits offered in terms of energy efficiency, size, and durability as compared to conventional incandescent bulbs and compact fluorescent lamp (CFL).
The bottle blowing machines market largely driven by the growing inclination of consumers towards bottled water worldwide. In 2017, the bottle blowing machine market was valued at US$ 2.04 Bn in 2017 and projected to grow at a CAGR of 4.7% during the forecast period from 2018 to 2026. Bottle blowing machine is a mechanical equipment used to manufacture plastic bottles and containers.
The advancements in measurement technologies supported by the growing demand for portable and easy-to-use metrological solutions have been instrumental in driving adoption of articulated arm machines beyond traditional verticals like automotive and machine shops. Unlike fixed CMM (Coordinate Measuring Machine) configurations, articulated machines offer superior benefits in terms of portability, weight, and flexibility in measurement.
A notable rise in beverage consumption has been observed from past few years with a wide variety of beverages at the disposal of consumers. The trend of beverage consumption certainly encouraged sales of beverage dispensers allowing the market to register market value of over US$ 1 Bn.
As a significant role to play, bending machines never lost their edge from metal forming and shaping processes. However, bending machines went through a lot of evolution since their first introduction in their mechanical version. Bending machines have grown more sophisticated and accurately automated machines, unlike the conventional hydraulic or pneumatic, powered. Consequently, the demand for modern bending machines is gaining momentum from past few years.
The automotive sunroof market was valued at US$ 6.10 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 9.5% from 2018 to 2026. Sunroof is a part of the vehicle roof that allows light and/or air to enter the passenger compartment of the vehicle.
The global automated test equipment market was valued US$ 3,826.7 Mn in 2017 and is expected register growth at 3.7% CAGR during the forecast period from 2018 to 2026. The technical complexity involved in electronic device testing varies broadly, ranging from the simplest type (manual testing) to the most sophisticated large scale automatic testing. In case of manual testing, the requisite testing infrastructure varies with the device type to be tested.
The aerial work platforms market volume stood at 90,100 units in the year 2017 and is set to register robust growth over the forecast period. The ease of operation, mobility offered, and safety provided by aerial work platforms have made them ideal solutions for infrastructure development, maintenance and repair activities across numerous applications.
The global cosmetic contact lenses market is witnessing a significant upswing in light of the growing demand for altering aesthetic appearance. The use of cosmetic contact lenses is surging in the entertainment sector, and perpetual innovation in the nature of products and comfort in usage are the key factors contributing to the demand for cosmetic contact lenses. Rapid development in standard of living and swift development of aesthetics market in middle-income countries will further fuel the market growth.
The wind turbine rotor blades market is expected to reach US$ 45.67 Bn in 2027, growing at a CAGR of 12.64% during the forecast period from 2019 to 2027. The rising threat of climate change and global warming has pushed the energy sector for transition towards renewable sources. UN’s Paris climate agreement of 2016 further conveyed the message of unified global effort to enhance the support through financing and technology development.
Globally, the tissue paper market is expected to grow with a CAGR of 6.0% during the forecast period from 2019 to 2027, starting from US$19.5 Bn in 2018. The increasing tourism and hospitality industry globally is a major factor driving the market. The hotel, restaurants and spa centers are considered to be one of the primary consumers for the paper tissue, which drives the market. Moreover, growing awareness of hygiene in the developing nation is also factor boosting the growth of the market, as hospitals also offers tissue paper for the patients.
The global thin wall packaging market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 41.7 Bn in 2018. The global thin wall packaging market is majorly driven by the rising food & beverage industry and growing demand for lightweight packaging. A surge in demand for a consumer-friendly and changing lifestyle are some other factors expected to drive the market in years to come.
The global theodolite market was valued at US$ 754.4 Mn in 2018 and is projected to witness noteworthy growth, expanding at a CAGR of 5.4% during the forecast period from 2019 to 2027. Theodolite is an instrument used specifically in archaeology and survey testing for measuring vertical and horizontal angles. A theodolite comprises of a small telescope attached to devices that helps in measuring angles and has a variety of moving parts. They have the same constructional features regardless of their age or level of technology, and all of them basically perform the same functions.
The global tea-based skin care products market is expected to grow at a CAGR of 7.3% during the estimated period from 2019 to 2027, starting from US$ 163.8 Mn in 2018. The alliance among Ayurveda, cosmetics and anti-aging is gaining popularity in industries such as health, wellness and beauty. As per the Euromonitor International’s report, consumers are being continuously inclining towards age-prevention products. Thereby, increasing the demand for tea-based skin care products globally. As tea offers best source of anti-aging antioxidants such as EGCG.
Globally, the stretch blow molding machines market is expected to grow with a CAGR of 2.8% during the forecast period from 2019 to 2027, starting from US$755.6 Mn in 2018. The stretch blow molding machines are used for the production of containers and plastic bottles. At present, these machines are specially used in the manufacturing of soda bottles. These machines enable reliable manufacturing processes including bottle design, bottle molds, air preparation, and others.
Soil moisture sensor is used to monitor the moisture of the soil by measuring volumetric water content of soil. Increasing scarcity of water resource, has increased adoption of the soil moisture sensors market in a wide range of applications such as agriculture purpose, sports turf & ground, weather forecasting, forestry, residential use, landscaping and ground care, research studies, and construction.
The soft skill management market is expected to grow at a CAGR of 12.5% during the forecast period from 2019 to 2027, starting from US$ 38,972.9 Mn in 2027. Soft skills are defined as the attitudes, personality traits, habits, and behaviors of a person that is displayed by them during working with others. These skills play a vital role in any organization as it enhances the functionality and productivity of an organization.
The global sneakers market is projected to witness a significant growth, growing with a CAGR of 6.8% during the forecast period from 2019 to 2027. Sneakers are varied into different categories mainly athletic shoes, gym shoes and many more. Sneakers were basically designed for various sports activities but now-a-days are used for everyday wear. Manufacturers are focusing on sustainable resources for manufacturing these shoes. For instance, according to the annual report of Puma SE, Puma is going to arrange 90% of its cotton and polyester from sustainable sources.
The global smart packaging market is growing competently, expected to grow at a CAGR of 8.3% during the estimated period from 2019 to 2027, starting from US$ 6.87 Bn in 2018. Smart packaging technology is a growing industry with enormous prospective. Despite the fact, very few companies have ventured to take steps towards application of smart packaging in security, logistics, and marketing, thereby indicating active and intelligent packaging to become part of the industry in the coming years.
With higher disposable income and increasing consumer awareness the consumer goods industry is a high trajectory phase. The growth opportunities are infinite and emerging market is seeing an exponent consumer pull demand.