Coated Paper Market Scenario
Market Research Future (MRFR) asserts the global coated paper market is anticipated to USD 51.2 billion with a CAGR of 4.3% during the forecast period (2016-2022). The accelerating usage of paper in the packaging industry favors the market growth to a great extent. When a paper is coated with a compound or polymer to offer qualities to the paper such as condensed ink absorbency, weight, smoothness, or surface gloss, it is referred to as coated paper. Either matte finish or glossy, coated paper is used for several applications such as magazines, printing, photo prints, book covers, art books, advertising materials, and catalogs.
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Coated Paper Market Potential and Pitfalls
Coated paper is extensively used as it is resistant to wear, dirt, and tear. They are customized by adding textures depending upon the quality required by several end-user industries such as printing, packaging, and labeling. With the ban on plastics regarding packaging, there has been a shifting trend towards degradable and bio-based packaging which needs to be used for flexible packaging of food and beverages, medical products, industrial goods, and consumer goods. With the mounting popularity of home delivery systems and e-commerce, the market is estimated to flourish throughout the estimated period. Coated papers are highly adopted as they provide a variety of textures along with finishing qualities, thereby offering several packaging options. The mounting demand for flexible packaging in the food and beverages sector is further propelling the market growth to a great extent. Coated papers also offer high-quality pictures as compared to conventional papers. This is considered to boost its application in camera and imaging products sector.
In contrast, with the reduction in the supply of raw materials, the global coated market is adversely affected. There has been a decline in the plantation of pulp across the world which has led to the shutdown of pulp manufacturing companies. The high capital and resource requirement coupled with the strong workforce required for the production coated papers can be considered as top barriers to the growth of the market.
Coated Paper Market Competitive Dashboard
The prominent players operating the coated paper industry growth are Imerys S.A., Asia Pulp & Paper Co. Limited, UPM-Kymmene Corp, Verso Corporation, Stora Enso Oyj, Nippon, Penford Corporation, Sappi Ltd, Arjowiggins SAS, Burgo Group S.p.A., and others.
Regional Insights
Geographically, the advanced coated paper market report span across regions namely, Europe, North America, Asia Pacific, and the Rest-of-the-World (RoW).
Among all the regions, the Asia Pacific region is considered as the largest consumer of coated paper, both in terms of volume and value. Economies such as India and China are expected to boost product demand due to the high availability of raw materials, technological advancements, and expansion of the application industries.
The North American region is estimated to exhibit a significant growth and is anticipated to retain its dominance as the U.S. is predicted to occupy the largest market share in this region. The companies are embracing several strategies like acquisitions, new product launches, and joint venture and partnerships in order to augment their market share. Such factors are expected to favor the market growth in this region.
The European region is considered occupy the second-largest share due to high utilization of bio-based paper in place of polymer-based product in consumer goods and food and beverage sector.
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The growth sectors of the Content Recognition Market are identified with precision for a better growth perspective.Increased usage of smart devices like smart TVs and smartphones has spurred the growth of the automatic content recognition industry.
The industry is anticipated to develop at a CAGR of approximately 32.4 per cent in the forecast period.Emerging new technologies and increased consumer demand for more customized content has boosted the growth pace of the industry to a great extent.
With TV manufacturers significantly focusing on production of smart TVs as the consumer demand for such products has risen significantly, has provided more avenues for growth of the ACR market in the forecast period.Industry SegmentsThe market for global automatic content recognition is divided on the criteria of technology, service and end-user.
In service, the market is segmented into professional service, managed service and valued added service.
On the basis of end-user the market is segmented into defense & public safety, consumer electronics, e-commerce, education, automotive, media & entertainment, IT & telecommunication, healthcare, avionics and others.Detailed Regional AnalysisThe market for automatic content recognition includes Europe, North America, Asia Pacific and Rest of the World.
The Middle East and Asia-Pacific region is estimated to display the main development chances in the segment due to an increase population, rising mobile users, mounting popularity of BYOD technology and prosperous IT & telecommunication are the key causes powering the market expansion.
Automatic Content Recognition (ACR) MarketIncreased usage of smart devices like smart TVs and smartphones has spurred the growth of the automatic content recognition industry.
Market Research Future which focuses on market reports connected to Information and Communications Technology sector amongst others recently made available a report on this sector.
The industry is anticipated to develop at a CAGR of approximately 32.4 per cent in the forecast period.Emerging new technologies and increased consumer demand for more customized content has boosted the growth pace of the industry to a great extent.
With TV manufacturers significantly focusing on production of smart TVs as the consumer demand for such products has risen significantly, has provided more avenues for growth of the ACR market in the forecast period.FREE PDF@ https://www.marketresearchfuture.com/sample_request/1208Industry SegmentsThe market for global automatic content recognition is divided on the criteria of technology, service and end-user.
In service, the market is segmented into professional service, managed service and valued added service.
On the basis of end-user the market is segmented into defense & public safety, consumer electronics, e-commerce, education, automotive, media & entertainment, IT & telecommunication, healthcare, avionics and others.Detailed Regional AnalysisThe market for automatic content recognition includes Europe, North America, Asia Pacific and Rest of the World.
Industry InsightsAnalysts from Market Research Future project economy of developed regions which could rise as the global video streaming market 2020 is now having the potential to expand at a high rate of 20.8%, which is actual CAGR.
The study portrayed the market’s status and claimed that the growth would be continued to seek far more valuation between 2018 and 2023 (forecast period).Top Impacting FactorsThe video streaming market is maximizing its revenue, amid COVID-19 breakthrough, by venturing into the education sector.
Therefore, based on this model, YouTube has generated maximum revenue, which is closely followed by Facebook Inc.Most importantly, AI is playing a pivotal role in cinematography, editing, scriptwriting, voice-overs, and numerous other aspects of video production.
In the case of point, back in November 2019, Apple Inc. entered the online video cascading industry by launching its TV+ service.
In June 2019, Wowza Media Systems, LLC, announced a complete range of professional services for video-related solutions providers.
Also, partnerships and agreements among the telecom network providers and video streaming providers are highly possible to increase in the forecast period and would take the video streaming market to the next level of growth.
Industry InsightsAnalysts from Market Research Future project economy of developed regions which could rise as the global video streaming market 2020 is now having the potential to expand at a high rate of 20.8%, which is actual CAGR.
The study portrayed the market’s status and claimed that the growth would be continued to seek far more valuation between 2018 and 2023 (forecast period).Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/3150Top Impacting FactorsThe video streaming market is maximizing its revenue, amid COVID-19 breakthrough, by venturing into the education sector.
Therefore, based on this model, YouTube has generated maximum revenue, which is closely followed by Facebook Inc.Most importantly, AI is playing a pivotal role in cinematography, editing, scriptwriting, voice-overs, and numerous other aspects of video production.
Assorted video streaming solution providers use AI to progress the content quality of videos.
In the case of point, back in November 2019, Apple Inc. entered the online video cascading industry by launching its TV+ service.
In June 2019, Wowza Media Systems, LLC, announced a complete range of professional services for video-related solutions providers.
Market HighlightsThe global residential security market is expected to attain a CAGR of 8.53% during the forecast period (2017-2023), presumes Market Research Future (MRFR).
Frequent technological advancements are leading to development of smarter and better security solutions as well as devices at affordable costs, which favors the market to a great extent.Security devices like sensors offer real-time information of any activity that occurs in the vicinity, and it can be accessed using smartphones or tablets as well.
Besides, smart intercom and app-based security systems are generating massive interest among residential communities as an all-in-one security system.An additional factor that promotes growth of the global residential security market is the rise in technological innovations in sprinklers and fire extinguishers.
Fire sprinklers and extinguishers have been in demand for a long time as they help ensure residential security but given the advancement in technology, instant fire extinguishers and automatic sprinklers have been introduced in the market.
Smart home fire sprinklers and extinguishers re now used for controlling and tackling fire in a short period of time.Get a Free Sample @https://www.marketresearchfuture.com/sample_request/2803Segmentation:The worldwide residential security market has been segregated with respect to product, solution, and residential type.Depending on the product, the residential security system market includes smart locks, sensors, security alarms, fire sprinklers & extinguishers, and security cameras.
This segment is presumed to achieve a CAGR of 9.35% during the appraisal period.The residential types covered in the report are apartment and independent.Regional Outlook The regional study of the residential security market includes Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW).North America has emerged as the most profitable market for residential security and had acquired a CAGR of 41.5% in 2016.
