Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

AUG 16,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Disposable Plates Market.

The Disposable Plates Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 7.4% during the forecast period.

Disposable plates are mainly designed for a single-use after which it is either recycled or is disposed of as solid waste. These are made up of plastic, paper, aluminum, among others, and finds usage across buffets, receptions, buffets, appetizers, holiday meals, organic restaurants, retirement parties, and business events.

Market Dynamics

Rising demand for ready-to-go food coupled with rising purchasing power is majorly supporting the market growth.

• The growing number of home delivery and online food service platforms are further proliferating the product demand.
• In addition, the growing awareness regarding sanitation & hygiene, rising organized retail sector, and changing customer preferences are promulgating product consumption.
• However, stringent regulations pertaining to the increasing environmental concern such as emissions of harmful gases from disposal plates, from the breakdown in landfills, or incineration of plates are likely to hinder the market growth.

Segments' Analysis

Product Trends

Based on product, the global disposable plates market has been classified into plastic plates, aluminum, paper, and others.

• Among these, the plastic plates segment accounted for the highest market share in 2020 and is likely to register a steady CAGR during the review period.
• This is mainly attributed to cost-effective nature as well as easy production and availability of plastic plates, thereby results in segment growth.
• The plastic plates are further segmented into foam, PP, PET, PE, and PLA and used for different applications.

Regional Trends

By region, the North American market witnessed the highest market share in 2020 and is projected to grow at a robust CAGR during the review period.

• This can be ascribed to increasing preference towards the disposable plates due to their low cost and saves time as these plates are directly dumped and not washed, unlike other traditional plates.
• Moreover, the surging demand for disposable plates from delivery food chains, hospitals, restaurants, and the commercial sector, further boosts the regional growth.

Key Players:               

• Be Green Packaging LLC (The U.S),
• Ckf Inc (Canada),
• D&W Fine Pack Llc (The U.S),
• Dart Container Corporation (The U.S),
• Dopla Spa (Italy),
• Duni AB (Sweden),
• Fast Plast A/S (Denmark),
• Genpak Llc (The U.S),
• Georgia-Pacific LLC (The U.S),
•  HOSTI GmbH (Germany).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Disposable Plates Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

AUG 16,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Eye Care Products Market.

The Eye Care Products Market is estimated to grow from USD 61.3 million in 2020 to USD 79.9 million by 2026 at a healthy CAGR of 4.6% during the forecast period.

Eye care products are defined as products that are used to treat various eye disorders. Some of the commonly used eye products include ointments or emollients, eyewashes, hyperosmotic, eyelid scrubs, and others. These products are easily available over the counter. The eyes are considered the most sensitive organs of the human body and thus, proper eye care is required.

Market Dynamics

The global market growth is primarily driven by increasing incidences of eye disorders and allergies due to factors such as pollution, prolonged use of devices such as smartphones and laptops, insomnia, and changing lifestyles.

• Expanding the geriatric population across geographies is expected to propel market growth at a significant rate during the review period.
• Additionally, increasing demand for more advanced and high-quality products is likely to create lucrative opportunities for the market players during the review period.
• However, side effects of the common medications are likely to affect the market growth.

Segments' Analysis

Application Trends

Based on application, the market has been divided into online pharmacy, retail pharmacy, and hospital pharmacy.

• The retail pharmacy segment accounted for a substantial market share in 2020.
• The segment growth can be attributed to the easy availability of eye care products in retail pharmacy stores.
• The online pharmacy segment is projected to register healthy growth during the review period owing to increasing consumer preference towards online shopping.

Regional Trends

The market in North America accounted for the largest share in 2020.

• The regional market growth can be attributed to the increasing geriatric populace and the presence of established healthcare infrastructure.
• The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing healthcare spending and the rapidly growing medical tourism industry.

Key Players:               

• Allergan, Inc. (The U.S),
• Accutome Inc. (The U.S),
• Prestige Consumer Healthcare Inc. (The U.S),
• Bausch & Lomb Incorporated (The U.S),
• Croda International plc (UK),
• Akorn Consumer Health (The U.S),
• Shire US Inc. (The U.S),
• Scope Ophthalmics Ltd. (Ireland),
• VISUfarma B.V. (Netherlands),
• Novartis International AG (Switzerland), and
• Precision Lens (The U.S).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Eye Care Products Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

AUG 16,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Directional Drilling Services Market.

Directional Drilling Services market is likely to witness an impressive CAGR of 5.2% during the forecast period. The increase in demand for drilling of multiple wells from single sites and the mounting production levels through directional drilling are the major factors that are likely to contribute towards the growth of the directional drilling services market during the forecast period.

Directional Drilling is a drilling technique which involves controlling the direction and deviation of a wellbore to a targeted location. Directional drilling allows drilling of multiple wells from a single site and provides access to such oil and gas producing zones which can’t be reached with normal vertical-drilling practices.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the application type, the market is segmented as onshore applications and offshore applications. Onshore application is likely to dominate the directional drilling services market during the forecast period, driven by the large number of mature onshore wells, globally.

Based on the drilling technique type, the directional drilling services market is segmented as conventional methods and rotary steerable system. Rotary steerable system is expected to be the faster-growing technique during the forecast period due to the various advantages offered by it, such as reduced drilling time and smoother well bores.

Based on the service type, the market is segmented LWD, MWD & Survey, RSS, and motors. The Measurement-While-Drilling (MWD) & Survey segment is estimated to register the highest growth during the forecast period owing to the ability to incessantly monitor wellbore and the real time directional survey of downhole conditions.

In terms of regions, North America dominated the directional drilling service market in 2019, and is expected to lead the market during the forecast period as well. The region’s market is driven by the growing share of tight oil and shale gas and the use of multi-stage hydraulic fracturing completion technique. Europe and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.

Key Players:               

• Baker Hughes, a GE Company LLC
• Halliburton Company
• National Oilwell Varco, Inc.
• Schlumberger Limited
• Weatherford International PLC.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Directional Drilling Services Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

AUG 15,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Digital Gift Cards Market.

The Digital Gift Cards Market is expected to grow from USD XX billion in 2020 to USD XX billion by 2026 at a CAGR of over 17.1% during the forecast period.

Market Dynamics

The digital gift cards market is expected to register a CAGR of around 17.1% during the review period. 

- The growth of the eCommerce industry coupled with the increasing usage of smartphones is likely to drive the market growth in the coming years.

- Increasing demand for innovative and technologically advanced products is likely to bolster the market growth.

- Rising demand for customized gift cards is likely to create a lucrative opportunity for the market players.

End-User Trends

Based on end-user, the market has been segmented into retail and corporate. 

- Increasing adoption of digital gifting trends by retailers is driving the growth of the retail segment.

- The importance of digital gift cards over plastic cards has increased significantly with increasing digitalization and internet access.

- Growing use of digital gift cards as a promotional tool by the corporate players is anticipated to drive the market growth substantially.

Regional Trends

The Asia-Pacific market is projected to register the fastest growth during the forecast period.

Geographically, the market in North America accounted for the largest market share in 2020 owing to high product usage and rising demand for technologically advanced products. This market growth can be attributed to the increasing adoption of digital gift cards in countries such as India and China coupled with the growing popularity of smartphones.

Key Players:               

• Auchan Group SA (France),
• Gruppo Eurospin (Italy),
• CRAI Secom S.p.A. (Italy),
• The Schwarz Group (Germany),
• Carrefour S.A. (France),
• Gruppo Coin SpA (Italy),
• Euronics International Ltd. (Netherlands),
• Inter IKEA Systems B.V. (Netherlands),
• Expert International GmbH (Switzerland), and
• Finiper SpA (Italy).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Digital Gift Cards Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

AUG 13,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Global Drug Screening Market.

The Global Drug Screening Market is estimated to grow from USD 4.4 billion in 2020 to USD 11.1 billion by 2026 at a healthy CAGR of 17% during the forecast period.

Drug screening is defined as the process of collecting and analysing blood, hair, urine, or saliva to detect the presence of contaminants and chemicals left in the body as a result of drug consumption. In this process, potential drugs are identified and optimized before selecting a candidate drug for a clinical trial. Drug screening is done in order to determine if a person is or has consumed drugs at a certain point of time.

Market Dynamics

Increasing drug and alcohol testing measures in various countries to curb the menace of drug and alcohol abuse is likely to drive the market growth significantly.

• The global market growth is primarily driven by an increase in consumption of drugs and alcohol across the geographies particularly among the youth and elder population.
• The players operating in the market are emphasizing product innovation to strengthen their market presence and attain a competitive edge over other market players.

Segment Analysis

End User Trends

The workplace segment accounted for the largest market share in 2020.

Based on end user, the market has been divided into workplace, criminal justice systems and law enforcement agencies, drug treatment centers, pain management centers, drug testing laboratories and others. The segment growth can be attributed to rising safety concern for the staff.

Regional Trends

The market in North America accounted for the largest share in 2020 due to the high consumption of drugs and alcohol. Additionally, supporting government measures to curb the use of drugs is likely to add significantly to the market growth. The market in Europe accounted for the second-largest market share in 2020.

Key Players:               

• Alere Inc. (The U.S),
• Laboratory Corporation of America Holdings (The U.S),
• OraSure Technologies (The U.S),
• Quest Diagnostics (The U.S),
• Thermo Fisher Scientific (The U.S),
• Alfa Scientific Designs, Inc. (The U.S),
• MPD Inc. (The U.S),
• Lifeloc Technologies, Inc. (The U.S),
• Omega Laboratories Inc. (The U.S),
• Sciteck Diagnostics Inc (The U.S),
• ACM GLOBAL LABORATORIES (The U.S), and
• Carehealth America Corporation (The U.S).

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Global Drug Screening Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors