Friday, 28 October 2016

Top Five Vendors in Global Consumer Board Market Identified by Beige Market Intelligence

Consumer Board Market Research Report by Beige Market Intelligence
Global Consumer Board (Paperboard, Conatainer board, Boxboard,) Market

The packaging industry has gone through several evolutions and has come up with new and advanced materials for packaging. The packaging materials and design has been constantly changing with the new products and emerging trends. Fabric, leather, wooden crates, metal and glass were the earliest materials used for packaging. The packaging market has seen a continuous improvement and demand for new materials such as boxboard or container board, corrugated container board, liquid packaging board and binder’s board, collectively are the different types of consumer boards. Consumer board has become the most popular choice in the packaging market.
In the worldwide packaging market, the consumer board segment dominates the market with a revenue share of 41% in 2015.  Boxboard and corrugated container board are the major players in the market and make up for approx. 87% of revenues.  The global consumer board market is expected to reach approx. US$ 131.6 billion till 2021. The forecasted increase in market size and revenue has made the competition stronger among the major players. A report by Beige Market Intelligence has identified the top vendors in consumer board market.

International Paper

International is headquartered in Memphis, Tennessee, US and is a global paper and packaging company. It is one of the world’s leading manufacturers of consumer board. It is a premium manufacturer of containerboard and corrugated packaging. The company has box plants, containerboard mills, and converting operations across the globe to meet the customer’s requirements for shipping, storage, and display requirements. The company has the largest manufacturing capacity in the US with annual production capacity of 13 million tons annually.

The company is predominantly focused on the business of paper and paper products with major products being container board, coated paperboard and corrugated packaging products.

WestRock

WestRock, headquartered in Norcross, Georgia, US, is a paper and packaging
company. WestRock provides packaging solutions and manufactures paperboard and containerboards.  The company is the second largest American packaging firm, and is among the world’s top three paper packaging companies. The company operates locations in Europe, North America, South America, and Asia. It also operates a specialty chemical business and develops real estate in Charleston, South Carolina It has integrated corrugated mill and packaging operations in North America, Brazil, and India and has recycling operations. It provides protective packaging for shipment and distribution of paper, food, health and beauty and other household, consumer, industrial, and commercial products.
The company has designed its activity to invest in projects that can improve the competitiveness of mills and converting assets to achieve a targeted revenue and performance.

Oji Holdings

Oji Holdings founded in 1873, headquartered at Tokyo, Japan is a paper
manufacturing company. It produces paper for packaging, writing and printing. The
company also manufactures containers made from paper products and chemicals
used for production of paper and paper packaging equipment. The company
operates 86 production sites throughout Japan and has forestry operations in Brazil,
China, New Zealand, Australia, Canada, Germany and other countries worldwide.
The company has expanded its operations of total packaging business in Southeast
Asia and Indian markets, which are expected to have high growth.

Smurfit Kappa

Smurfit Kappa Group founded in 1934, headquartered at Dublin, Ireland is a paper based
packaging solutions company. The company operates approximately 370 production sites in 34 countries which includes 21 in Europe and 13 in Americas. The company has regional headquarters in Amsterdam (Europe) and Miami (the Americas). The company integrates optimal paper design, timelines of the services, logistics and raw materials for packaging plants to provide optimum service to the clients. Smurfit kappa products are 100% renewable and are produced sustainably to improve the environmental footprint of the clients. The company designs, manufactures and markets the paper-based packaging solutions. It helps in packaging, protecting and promoting the customer’s products.
The company focuses to develop long-term customer relationships by offering differentiated packaging solutions to customers and thus improve the prospects of success in their end use markets.

Stora Enso

Stora Enso founded in 1998, headquartered at Helsinki, Finland is a pulp and paper
manufacturing company. It provides renewable solutions in paper, packaging,
wooden constructions and biomaterials globally. The company has operations in 35 countries. The company has expertise in wood and other biomass products. The company focuses on plantation based pulp, sustainable building solutions, innovation in biomaterials
and fiber-based packaging. The company operates mills located in Europe and China and three of the mills produce paper based on 100% recycled fiber.

The company’s focus is predominantly on consumer board, wood products and packaging solutions verticals. The company’s strategy emphasizes on the production and marketing of value-added products, which are environment-friendly
and can replace non-renewable materials.

The emerging Vendors are

Mondi Group
Mondi Group founded in 1967, based in Johannesburg, is an international packaging
and paper group. The company has operations in more than 30 countries, mostly
concentrated in Central Europe, South Africa and Russia. The company is fully integrated across the packaging and paper value chain.

Metsa Group
Metsa Group founded in 1947, based in Helsinki, Finland is a forest industry group. The country has operations in 30 countries with 7 production units. It mainly focuses on the tissue and cooking papers, pulp, wood supplies, wood products, forest services and paperboard. It is also a leading producer and user of bioenergy in Finland

Weyerhaeuser
Weyerhaeuser founded in 1900, based in Washington, US is the largest private
owner of timberlands. The company owns and controls more than 7 million acres of
timberland in US and manages timberlands under long-term licenses in Canada.
The company manufacturers’ specialty cellulose fibre and wood products.

Rengo
Rengo Co., founded in 1909, based in Tokyo, Japan is a packaging company. Rengo has a group of companies in Japan operating in different segments which include two paper and paperboard, 39 corrugated packaging and folding cartons, 4 flexible packaging and heavy duty packaging and 19 other companies.

Sonoco
Sonoco founded in 1899, based in Hartsville, South Carolina, US is a global company
for consumer packaging, display and packaging solutions, protective solutions and
industrial products. The company operates in more than 34 countries, providing packaging solutions for various industries in more than 85 nations. The company collaborates with customers to provide innovative Packaging Solutions –IPS to optimize and enhance their brands and business.

Graphic Packaging
Graphic packaging based in Atlanta, Georgia is a consumer packaging solutions
Company. The company provides paper-based packaging solutions for a wide variety
of products, which include beverage, food and other consumer product companies.
The company operated globally and is the largest producer of folding cartons in the
US and operated in coated recycled paperboard and coated unbleached kraft paperboard.

Order the report Global Consumer Board Market Strategic Assessment and Forecast Till 2021 now to see more information about the above-mentioned companies and to know about other emerging vendors such as Cascades, Paperworks Industries, Caraustar and Svenska Cellulosa Aktiebolaget (SCA).


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Monday, 24 October 2016

Vape Market to Generate the Largest Part of Its Revenue from North America till 2021

 

North America will continue to dominate the global vape market and is likely to account for a market share of 47.45%



Global Vape Market( eCigarette and Vaporiser) - Strategic Assessment and Forecast Till 2021
Vape Market Research Report by Beige Market Intelligence




North America was the largest region of the global vapor products market, accounting for a market share of 44.27%. The global vapor products market generated the largest part of its revenue from North America.  In 2015, North America recorded vapor products revenue worth $3.71 billion.  Also, North America will continue to dominate the global vapor products market and is likely to account for a market share of 47.45% in 2021 due to the tremendous popularity of VTMs and low cost of vaping devices in the vapor products market during the forecast period. Also, one of the major influencing factors propelling the market growth in the region is increasing availability of vapor products in vape shops and over the Internet.  The key countries contributing the major market share are 

Vape Market in US


The US accounts for the largest share of the vapor products market in North America. It is the world’s largest market for vapor products with increasing end-user base and massive revenue.  VTMs has become one of the big businesses in the US and because of the opening of vape shops throughout the country, the growth of the vapor products market in the US is expected to witness a massive growth in 2016 and afterwards. 

The market has witnessed a high demand for vapor products due to its wide adult smoking population. Approximately 28% of the US population is classified as active smokers. However, a huge portion of them indicated in various surveys conducted in the past that they would like to switch to other nicotine alternatives.


Vape Market in Canada


In 2007, disposable e-cigarettes were introduced in Canada. In 2009, Health Canada, the federal department of the government of Canada, banned the sale of vapor products containing nicotine. Vapor products sold without nicotine and that do not make any health claims can be sold legally in the country. However, nicotine loaded vapor products and those claiming health benefits fall under the jurisdiction of the Food and Drugs Act under which authorization from Health Canada is required by vendors to introduce a new product in the market. The market in Canada is booming because of growing popularity of flavoured e-juices among the young population. In 2015, the market witnessed an increased demand for vapor products. The increased demand of different flavoured e-juices and popularity of VTMs in vape shops are adding into the growth of the vape market in Canada region.

 The report which consists of 124 pages of information along with 14 Key Sections and 67 exhibits gives a detailed analysis of the market size and forecast of different regions such as
North America, APAC, Europe and Rest of the World. It also includes the market analysis of some key countries such as the US, Canada, UK, Poland, Germany, Italy, Spain, Russia, Malaysia, China, Chile, Peru, Egypt, South Africa, Nigeria, and Algeria.

For more information, View the abstract and table of contents


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Strategic Assessment Of Automotive PCB Market and Forecast Till 2021


Automotive PCB Market Research Report - Growth Analysis
Automotive PCB Market Research Report - Growth Analysis and Market Forecast 2021

Automotive PCB Report Insights

PCBs are essential components in electronic devices. A PCB is a copper based board on which electrical wires are printed. These electrical wires are connected to other electronic components on the board. PCBs are used to upkeep and electrically connect all electronic components through conductive paths. Hence, the demand for PCBs is directly correlated to the growth of the automotive electronics industry and indirectly correlated to growth in vehicle shipments. PCBs play a very important role in the automotive electronics industry, as they form the fundamental structure of electronic connectivity. Hence as the usage of electronics increase in vehicles, the demand for PCBs is expected to grow.

Worldwide Automotive PCB market research report covers the present scenario and the growth prospects of the Worldwide Automotive PCB Market for the period 2015-2021. The report provides in-depth analysis of market size and growth of Worldwide Automotive PCB market. This market research report includes a detailed market segmentation of the Worldwide Automotive PCB Market by

Automotive PCB by Technology Segmentation
Single Side PCBs
Flexible PCB
Multi-layer PCB
Automotive PCB by Application Segmentation
Interior Components
Powertrain Components
Engine Controls Components
Vehicle Lighting And Safety Systems
Automotive PCB by Geographic Segmentation
North America
APAC
Europe
Latin America
Middle East & Africa

Automotive PCB – Market Size and Dynamics
Market research analysts at Beige Market Intelligence, expect the Worldwide Automotive PCB to reach approx. US$10.91 billion by 2021.The Worldwide Automotive PCB Market has been segmented by application, which includes Interior Components, Powertrain components, Engine Controls Components, and Vehicle Lighting and Safety systems. The automotive PCB market for interior components is the largest segment in terms of application and accounted for $2.72 billion in 2012 and is expected to grow at a CAGR of around 6% between 2012 and 2021. Engine control components include anti-lock braking systems, ECU control units, electronic fuel injection system and automated locking systems among others. The common industry term for electronics for engine control is termed under the hood electronics. The automotive under the hood market accounted for $44.8 billion in 2014 and were expected to reach $77 billion by 2021, growing at a CAGR of 8% during 2014-2021.

Automotive PCB – Geographic Analysis
The Worldwide Automotive PCB Market has been segmented on the basis of geography.This market research report has categorised the entire market into five regions namely North America, APAC, Europe, Latin America and Middle East & Africa. APAC is the largest PCB market and is expected to remain the largest during the forecast period. In 2012, APAC region accounted for 89.7% which was around $5.53 billion of the overall automotive PCB market and is expected to reach to $9.83 billion by 2021 growing at a CAGR of 6.6%. North America holds the second largest market followed by Europe, Latin America and the Middle East and Africa. APAC is the largest producer of automotive PCBs in the world, in terms of technology this region produces the highest volume of single-sided PCBs followed by multi-layer PCBs and Flexible PCBs.

Automotive PCB – Drivers and Trends
This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of the Worldwide Automotive PCB market during the forecast period. The factors driving the growth of the market include Electrification of automotive mechanics to achieve higher fuel economy. As automotive is major contributors of environmental pollution, various governing bodies across the world have directed regulations to reduce vehicle emissions along with increasing fuel economy of vehicles. To comply with regulations, OEMs and tire-1 suppliers have been actively investing in technologies to either reduce the weight of the vehicle or introduce electronically controlled vehicle mechanism to obtain higher accuracy in functioning leading to higher fuel efficiency and reducing tailpipe emissions. Moreover, adoption of infotainment systems in mass mid segment vehicles is another factor driving the growth of the market.

Some of the major challenges confronting the Worldwide Automotive PCB market include gradual loss of low-cost advantage from Low-cost manufacturing countries. In earlier decades, within the automotive industry, there was an increase in outsourcing of manufacturing activities to low-cost countries such as China, Taiwan, South Korea and India owing to the availability of low-cost labour as compared to western countries. However, these countries are gradually losing its cost advantage due to the raising labour cost, for instance in China the population has become more affluent and has moved up the learning curve leading to higher cost of employment. It is observed that PCB manufacturers, especially in China and Taiwan have been facing concerns over attrition as labours prefer moving to other manufacturers for small income raise.

Another major factor curtailing the growth of Worldwide Automotive PCB market is the shorter life cycle of automotive electronics. Technological innovations and dynamic consumer expectations are reducing the average life cycle of vehicles as a whole, which is adding pressure on PCB and automotive electronics manufacturers to cater to demanding needs of OEMs and tire-1 suppliers. The report also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

Automotive PCB – Market Share and Key Vendors

This market research report profiles the major companies in the the market and also provides the competitive landscape of key players.  Within the report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Meiko, Chin Poon, CMK Corp., TTM Technologies, KCE Electronics. Other prominent vendors in the market include Daeduck Electronics, Multek, Tripod Technology.


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Thursday, 20 October 2016

Intragastric balloons market worth US$198.56 million by 2021

Intragastric Balloons Market Image by Beige Market Intelligence
Global Intragastric Balloons Market - Strategic Asessment and
 Forecast Till 2021
Intragastric balloons are the saline-filled silicone balloons placed in the stomach for a span of months and limits intake of food by giving the feeling of satiety. These balloons permit patients to sense fullness, controls hunger, delays gastric emptying by altering gut hormones and peptides thus reducing food intake ultimately.

Today, intragastric balloons can be used as treatment for obesity as a pre-emptive therapy, a metabolic therapy, or a primary therapy. Endoscopic procedures under mild sedation are used to place one or more intragastric balloons in the stomach in an outpatient setting. These balloons not only help in weight loss but also helps in recovering the metabolic disorders. The intragastric balloons are widely used because of its advantages of easy implantation, cost effectiveness and less risk. There are various advantages offered by intragastric balloons such as improved metabolism, alterations in gastrointestinal hormones, low price, and short hospital stay.

The worldwide intragastric balloons market is expected to reach approx. US$198.56 million by 2021, growing at a CAGR of 7.01% during the forecast period 2015-2021.

Factors such as presence of a large obese population, change in lifestyle, need to
reduce hospital stay, short recovery time, and availability of low-priced intragastric
balloons are driving the growth of the global intragastric balloons market.
Also, growing opportunities in the obesity market in the US are likely to serve as
high growth revenue pockets for players operating in the market. In 2015, the US
spent US$10,000 per person on healthcare annually; this figure is almost two-and a-
half times that of countries in the Organization for Economic Cooperation and
Development (OECD), and 50% higher than the next-highest spending countries,
namely, Switzerland and Norway. A large portion of the US healthcare expenditure
is spent on programs related to chronic diseases such as obesity. The growing
adoption of intragastric balloons is expected to drive in the US to manage obesity.

However, limitations and adverse events of intragastric balloons are likely to limit
the adoption of this technology. In terms of geography, EMEA accounted for a major share of the market in 2015. This can be attributed to increased consumption of fast food in these regions, reduced physical activities, and Europe being the old market to use intragastric
ballooning technique.


Apollo Endosurgery, ReShape Medical, Helioscopie, Allurion Technologies, Obalon
Therapeutics are among the leading players in the market. After the USFDA approval, ORBERA (Apollo Endosurgery Inc.) and ReShape Duo (ReShape Medical Inc.) in 2015, the intragastric balloons re-entered the US market. Also, in March 2015, Obalon Therapeutics Inc. initiated patient enrolment in a multi-center US pivotal trial of the Obalon balloon post which Obalon would be approved for sale in the US. In addition, in late 2015, Elipse by Allurion Technologies received European Union (EU) CE mark approval and is available in
the UK, Italy, and France. Fengh Medical, MEDSIL, Phagia Technologies, Silimed, Endalis, Tulip Medical Products, LIFE PARTNERS EUROPE, BARAnova Therapeutics, Districlass Medical, and Shandong Institute of Medical Instruments are other players in the market.
  



About Beige Market Intelligence
Beige Market Intelligence is a provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and to make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry.
Our team of experts ensure the analysis you receive is not just analyzed and presented, but can also be customized based on the client’s requirement. Our deliverables guarantee our current global client base do not look beyond Beige when it comes to competitive intelligence.
Beige has an employee base present across the globe. Our analysts come with numerous years of industry experience, which ensures we not only understand our clients but deliver high quality reports as well.

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Tuesday, 27 September 2016

AMN Healthcare, CHG Healthcare or Cross Country Healthcare who will fill the healthcare staff need in US

 
Healthcare Staffing Market in US | Beige Market Intelligence 
The healthcare industry in the US is witnessing a shortage of nurses in the country. Despite the fact that the registered nurses are among the single largest healthcare professionals in the country, the vacancy rate for registered nurses is growing. US will need more than 1 million registered nurses by 2021.
Similarly the Allied health segment is witnessing a huge demand for physician assistants and practitioners in the healthcare organizations. Further, an increase in aging population, a rising homecare market, and a growing shortage of skilled workforce are some of the reasons that have contributed to the demand of allied healthcare staffs. A growing shortage of primary care and specialty physicians in the country has boosted the demand for locum tenens staffs as well.
 Looking at the scenario of the huge demand of the healthcare staff in US the healthcare staffing companies in US have already started utilising their strength and strategies to dominate the market.

AMN Healthcare

AMN Healthcare Services is the leader in the healthcare staffing market in the US. The company was founded in 1985 and got incorporated in November 1997. Headquartered in San Diego, California, the company is the largest supplier of healthcare workforce solutions and staffing services in the country.
The services offered by the company are basically nurse and allied healthcare staffing, locum tenens staffing, physician permanent placement services. Under these segments, the company offers a wide array of workforce solutions and staffing services through various brands.
To Drive increased adoption of workforce solutions and staffing services, increased focus on entry into new markets while continuing to excel in the traditional healthcare staffing services, continue to strengthen its operational and technological capabilities by integrating technological solutions such as data analytics in its recruitment process are some of the key strategies.

CHG Healthcare Services

CHG Healthcare Services is the second largest healthcare staffing solutions and service provider in the US. Founded in 1979, the company, formerly known as CompHealth Group, started the concept of travelling physicians or locum tenens to deliver medical care in rural communities of Western US. The company renamed itself as CHG Healthcare Services in 1995. The company supplies locum tenens, physicians (both, temporary and permanent), nurses, and other healthcare professionals to healthcare organizations. Based in Salt Lake City, Utah, the company has seven offices across the country. Apart from CHG Healthcare, the business line of the company has the following healthcare staffing brands: CompHealth, Foundation Medical Staffing, RNnetwork, and Weatherby Healthcare.

The companies key strategy is constant investment in training and development of its employees to retain them and shape their career.
 The company also offers resources, courses, and support for leadership development; professional and personal development; technical training; sales training; and coaching resources to develop its employees’ career.

Cross Country Healthcare

Cross Country Healthcare was the third largest healthcare staffing services provider in the US in 2015. Headquartered in Boca Raton, Florida, US, the company is a prime supplier of healthcare workforce solutions and offers healthcare staffing and recruitment services through 73 branches spread throughout the US and the Caribbean.The company operates through three business segments such as nurse and allied staffing, physician staffing, Other human capital management services.

One of the key strategies is to continue investing in technological initiatives as the company recognizes that people have individual communication preferences. By investing in technological initiatives, the company enhances its efficiency and effectiveness of business interaction with clients. The company also invests in mobile and online technologies to increase its ability to retain existing pool of healthcare professionals, as well as, attract new ones. Also the company focuses on improving its fill rate at current MSP accounts and makes strategic acquisitions to broaden and strengthen its market presence.

Jackson Healthcare

Jackson Healthcare is among the leading healthcare staffing vendors in the US. It offers recruitment and placement services for physicians, travel nurses, and other healthcare professionals in the country. It also offers anaesthesiologists. It serves over 7 million patients in over 1,300 healthcare facilities across the US along with its subsidiaries. The company also offers logistic solutions to hospitals for systemic operational efficiency and patient throughput.

The company offers recruitment services for registered nurses, physicians, IT project management contractors, supplemental rehabilitation therapists, certified surgical assistants, pharmacy staff, IT staff, and other allied healthcare professionals. It also provides anaesthesia department management services along with healthcare executive search and advisory services.

The companies key strategy is to constantly offer training and the necessary resources to its existing workforce to offer quality services to its employees. It helps curb attrition, as well as, attract talents through personal reference by current working associates.

Maxim Healthcare Services

Maxim Healthcare Services was the fifth largest healthcare staffing service providers in the healthcare staffing market in the US in 2015. Founded in 1988, the company offers a comprehensive range of services and quality care. Headquartered in Columbia, Maryland, the company offers healthcare staffing and administrative personnel services to hospitals, nursing homes, school systems, and correctional facilities. The company operates through various business divisions in the market, spread throughout the US at about 360 locations.

The company offers medical staffing, home health, and wellness services in communities in the country. It also offers in-home personal care, therapists, management and/or treatment of a variety of conditions by skilled nurses, home health aides, and medical social workers. The company also provides non-medical or companion care services to assist senior citizens and other individuals. It also offers staffing services such as government staffing, physician and dental staffing, allied health staffing, administrative staffing, pharmacy staffing, executive placement, nurse staffing, clinical research consulting and staffing, health information management/medical coding, and therapy staffing in medical facilities.

The other emerging vendors in the market include Accountable Healthcare Staffing, Aya Healthcare, Favorite Healthcare Staffing, InGenesis, Healthcare Staffing Services, Medical Solutions, MedPartners, Parallon Workforce Management Solutions (HCA), Soliant Health (Adecco), trustaff, Vista Staffing Solutions


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Tuesday, 20 September 2016

Top Countries having the major market share in Luxury Packaging Market

Luxury Packaging Market report Image by Beige Market Intelligence
Luxury Packaging Market | Beige Market Intelligence


Luxury Packaging

Luxury Packaging can be defined in both ways including the packaging type or packaging luxury products. When it comes to Luxury products generally the luxury products are considered luxury when they are of the highest quality and have the strength and weight required to maintain pack integrity. Packaging enables brands to interact with consumers before they even purchase the product. Having an appealing packaging is a vital element to consider for the product's packaging redesign.

Luxury Packaging Market segmentation by Geography


The Global luxury packaging market – Strategical Analysisand Forecast till 2021 research report published by Beige Market Intelligence provides the market sizing, Market forecast, Growth factors, emerging trends of the worldwide luxury packaging market. On the basis of geographic segmentation, the research report gives a detailed study of the luxury packaging market of the following regions.
Geographic Segmentation of Luxury Packaging Market by Beige Market Intelligence
Geographic Analysis Of Luxury Packaging Market | Beige Market Intelligence
The top countries who are having an accountable market share in Luxury Packaging market are

The US
 The US is the largest luxury market in the world with a revenue share of approx.  21.5%. It is home to half of the brand of North America region almost 50% of the total market. US is also a key hub for tourist shopping, particularly, attracting tourists from Latin America and APAC. The luxury packaging market in US is forecasted to reach a growth of 3.51% over the period 2016-2021. Mostly Personal Care products, food and beverages (both alcoholic and non-alcoholic) are a major share having an accountable share of revenue in the luxury packaging market. Paper and paperboard is the widely used packaging material for luxury packaging in US, followed by rigid plastics, metal and glass. The region is also a hub for luxury packaging manufacturers with four out of five leading manufacturers headquartered in US.


China

China is the world’s second largest consumer of luxury goods and second largest luxury packaging manufacturer in the world. Hosting one of the most remarkable manufacturing growth story of the past three decades, China is truly the powerhouse of the world. Rise in disposable incomes, favourable regulatory regime and trade policies, easier access and cheaper availability of factors of production has made the country a key manufacturing hub for luxury goods. Educated, well-travelled and tech-savvy, this generation of shoppers are soon emerging to be the ideal target market for gourmet food and beverage products, leather goods, fashion accessories and premium beverages. Though the country is the largest consumer of luxury goods, the goods are not completely manufactured or sourced from within the country. Although all the luxury brands have a Chinese manufacturing presence, these luxury goods often are termed to be expensive when compared to beyond the boundary purchases.  With the robust demand for luxury goods comes the demand for effective packaging solutions. The demand for luxury packaging is estimated to reach approx.  $4.38 billion by 2021, growing at a CAGR of 7.16% in terms of revenue. Paper and paperboard packaging followed by rigid plastics are the widely used packaging types for luxury goods and constitute a major part of the packaging market in terms of revenue.

Japan

Japan’s GDP is the third highest in the world and has few large manufacturing industries including automobiles and electronics. Although the nation is hugely dependent on imports of raw materials, they handle the manufacturing well using advanced technologies. Japan is among the leading consumers of luxury goods that range from alcoholic beverages, cosmetics, personal care products and leather goods. Japan stands as the third largest luxury market in the world behind US and China. With Japanese economy struggling to just retain its anemic growth of 1-1.5%, the demand for luxury goods moderated with demand contracting in certain product segments such as jewellery and general leather goods.Paper and paperboard packaging remains to be the widely used packaging variant for luxury goods, followed by rigid plastics and flexibles. The pulp and paper products consumption in Japan is quite high.

India

India has another remarkable growth story that has been predominantly driven by domestic consumption. Driven by rapidly rising disposable incomes, growing purchasing power of the middle class in tier-1 to tier 3 cities, young aspirational population, increased brand awareness among the youth, there has been a rapid rise in demand for luxury goods and services. Leather goods, fashion accessories, gourmet food and beverages, alcoholic drinks, jewellery, cosmetics and fragrances constitute the major luxury good segments in the country. Paper and paperboard remain to be the widely used variant for packaging of luxury goods in the country, constituting a revenue share of 41%, followed by rigid plastics (22%).Almost all the major luxury packaging vendors have presence in the country either through joint ventures or on a standalone basis, and are constantly expanding their operational capabilities to match to the dynamic requirements of the end use consumer.

The report gives a detailed analysis of other major areas such as Eastern Europe, Western Europe , Mexico, Russia, Brazil, Nigeria, South Africa to name a few.


About Beige Market Intelligence:

Beige Market Intelligence is new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analysed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.

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Friday, 16 September 2016

Top Vendors in Mobility Scooter Market – What has been their key strategies and what are their key opportunities

A recent research report “Global Mobility Scooter Market –Strategic Assessment and Forecast till 2021” published by Beige Market Intelligence provides an in depth analysis of the worldwide mobility scooter market. The report outlines the market size and growth aspect of major product segment by design, by wheels and by geographic segmentation.

The report provides a detailed strategy and product portfolio of the major vendors in the Mobility Scooter Market.
Mobility Scooter Market Research Report | Beige Market Intelligence

Drive Medical Design and Manufacturing

Drive Medical founded in 2000, based in New York, US is a manufacturer of durable medical equipment. It is a private company focused on innovation and design of durable medical equipment for a broad spectrum of healthcare needs. The company provides a wide product portfolio of durable medical equipment, which include mobility products, bariatric products, beds, wheelchairs, respiratory equipment, sleep surfaces and pressure prevention products, self-assist products, power scooters, power wheelchairs, paediatric products, rehabilitation products, patient room equipment, electrotherapy devices, and personal care products

Key Strength, Strategy and Key Opportunities

The company has a diverse geographical presence with corporate offices and distributor locations spread across the US, the UK, Canada, Germany, Romania, China, and Taiwan. The strategic location of these distributor offices ensures that the company has the widest market reach across key markets. 
The company adopts a unique sales channel approach wherein it emphasizes on selling its product range to wholesalers and retailers rather than directly to consumers.
Penetration into the global market, is one of the key opportunities. As certain areas are yet not being invaded by the company.




Golden Technologies Inc.

Golden Technologies founded in 1985, headquartered in Old Forge, Pennsylvania, US is a privately-owned manufacturer of lift chairs, power wheelchairs, and scooters. It has the largest factory in the world, which is solely dedicated to manufacture lift chairs. It provides a wide range of product portfolio from portability to luxurious to heavy duty scooters. The company’s skilled designers blend the superior designs with the most technically advanced components to provide the quality, style, comfort, and performance.

Key Strength, Strategy and Key Opportunities

It is among the world’s largest manufacturer of powered lift and recline charges with clear ambitions to expand its global presence. The company emphasizes on creating contemporary and user-desirable designs that not only are unique but also are customizable.
Despite having a significant presence in the US, the company has limited reach across the boundary. The company can work on enhancing its brand reach through other channels.



Pride Mobility

Pride Mobility Products Corp. founded in 1986, headquartered in Exeter, Pennsylvania is a designer and manufacturer of mobility products. It has manufacturing facilities in North-eastern Pennsylvania and distribution centers throughout the US and subsidiaries around the world, including the UK, Canada, Australia, the Netherlands, Italy, and New Zealand. The company includes Jazzy Power Chairs, Go – Go Travel Mobility, Pride Mobility Scooters, and Pride Lift Chairs and Ramps. The Jazzy product line has revolutionized the industry in manoeuvrability and style.

Key Strength, Strategy and Opportunities

The company has a broad range of mobility products that include lift chairs, ramps, power chairs, and mobility scooters with a decent product depth.
It owns some of the strongest mobility products brands such as Jazzy Chairs, Go-Go Travel mobility, and Pride Mobility scooters. The company adopts a multi-pronged strategy to further its interests in the mobility equipment space. It constantly focuses on innovation by enhancing the capabilities of its products and sufficiently safeguarding them through patenting.
The company could build partnership and work more towards keeping its reputation high in order to penetrate the market till 2021.




The report also covers the key strength, strategies and opportunities for other vendors such as Sunrise Medical, and Electric Mobility.
Some of the other prominent vendors featured in the report are Amigo Mobility International, Invacare, Afikim Electric Vehicles, Van Os Medical, Hoveround Corp., Roma Medical, Merits Health Products, Kymco, TGA Mobility, and Vermeiren International.

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