#India Packaging Market analysis
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India's packaging market has emerged as one of the largest and fastest-growing globally. According to recent market research, the packaging sector in India is expected to reach USD 73.8 billion by 2024, growing at a compound annual growth rate (CAGR) of 26.7% from 2019 to 2024. This growth can be attributed to various factors, including an expanding middle class, increasing disposable incomes, and the rise of e-commerce.
Key Trends Influencing the Packaging Market
Sustainable Packaging Solutions: Environmental concerns have led to a growing emphasis on sustainability in packaging. Consumers are increasingly demanding eco-friendly packaging solutions, prompting companies to adopt biodegradable, recyclable, and reusable materials. The Indian government’s initiatives to promote sustainability, such as the Swachh Bharat Abhiyan (Clean India Mission), further reinforce this trend.
Growth of E-commerce: The rapid expansion of e-commerce in India has significantly impacted the packaging market. Online shopping requires efficient packaging solutions to ensure products are delivered safely and intact. Companies are investing in innovative packaging designs that enhance the unboxing experience while minimizing waste. As e-commerce continues to grow, the demand for specialized packaging solutions will also rise.
Technological Advancements: Technology plays a crucial role in the evolution of the packaging industry. Smart packaging solutions, including QR codes, RFID tags, and temperature-sensitive materials, are gaining popularity. These technologies enhance product traceability, improve inventory management, and provide valuable data for manufacturers and consumers alike.
Shift Towards Premiumization: As disposable incomes rise, Indian consumers are increasingly inclined toward premium products that offer enhanced quality and aesthetics. This trend is reflected in the packaging industry, where brands are investing in high-quality materials and innovative designs to attract discerning customers. Premium packaging not only elevates the product's perceived value but also enhances brand loyalty.
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How To Create a Simple Customer Referral Program?
Counterfeit products are harmful for buyers, businesses and economies worldwide. To combat this issue barcode scanners are emerging as a powerful tool in the fight against counterfeit goods.
#dynamic qr code#qr code manufacturer#brand protection#anti-counterfeit solutions#customer loyalty programs#qr code provider#qr code provider in india#customized solution#label provider in india#anti-counterfeit solution company#anti-counterfeit technologies#anti-counterfeiting solutions in india#industrial tags manufacturer#e-warranty#data analysis#cash transfer#customer loyalty service#track & trace services#raffle#run survey#build loyalty#digital marketing#software development#digital marketing services#qr code maker#qr code generator#qr code generator with logo#qr code generator online#custom qr code generator#custom packaging for small business
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The India packaged atta market size reached INR 63.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 154.9 Billion by 2028, exhibiting a growth rate (CAGR) of 15.7% during 2023-2028.
#India Packaged Atta Market#market trends#market research#market report#market forecast#market analysis
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i’ve recently come across an insightful video analysis that was reposted on tiktok, explaining the Gaza situation in depth and touching on the geopolitical and economic motivations that background it, along with the potential impact from the ethnic cleansing and the active genocide of Palestinian people by zionists. here’s a summary with some links to more-reputable news articles:
-roughly around a month ago, netanyahu declared his plan for a “new middle east,” an economic corridor stretching from India to the European continent, through the UAE, Jordan, Saudi Arabia, and “israel.”
-due to the weakening of the US Dollar, this “new middle east” corridor serves as a hopeful (on their part) counter to China’s new ongoing “silk road.” it’s essentially a move for leverage on world economics, trade, and politics.
-Russia is the country with the largest proven reserves of natural gas. in 2022, Nord Stream 1 and 2 (Russia’s gas pipelines) were both blown up. sanction packages from EU ban Russian gas. no more Russian gas coming into Europe.
-Iran, the country with the second largest gas reserves, signs the Nuclear Deal in 2015-2016. the US backs out of the deal and reimpose harsh sanctions on Iran. Iran is barred from selling its gas and oil to Europe and others.
-with Russia and Iran out of the picture, “israel” (US-backed) proposes itself as a solution to EU’s gas shortages. in 2010, they find the Leviathan—a giant gas field in the middle east (Mediterranean Sea), off the coast of Palestine, Lebanon, and Syria.
-Syria initially declines offers over its gas reserves; the US now controls 1/3 of Syria and all its oil fields, and “israel” regularly bombs it’s most vital port (Latakia). another major port is in Beirut, which mysteriously exploded in 2020. both Syria and Lebanon’s maritime activity are limited, including in trade and gas exploration.
-Gaza, also having its own unexplored gas fields, has been under siege, under naval blockade since 2007. the only working port left in the coast is haifa port in “israel.” “israel” is now the only one able to explore gas and implement an economic corridor, like the proposed “new middle east.” what the US and “israel” have essentially done is killed off the competition, stole their goods, and cornered the market.
-in light of Europe’s gas shortages, to get them gas before winter, “israel” attempts to “stabilize” the region by solving “the Palestinian question”—more than displacement, they’ve resorted to ethnic cleansing and genocide. basically an acceleration of their plan.
-what Palestinian resistance groups have done in response was because they were backed into a corner. tooth and nail, life or death. it did not happen in a vacuum.
it has always been a move for natural resources; Palestine, Syria, Congo—every move for destabilization framed as intervention. it has always been greed for capital.
update:
it’s come to my attention that the video in question might have some more pro-Russian leaning stances, and so i’ve deleted the google drive link to the reposted tiktok and the link to the actual tiktok as i do not wish to platform the denial, partial or in whole, of the atrocities done to Ukrainian people. i will keep the summary up with some parts omitted because i still do think it is an insightful analysis in general and i do think the knowledge is still useful and relevant.
#peace is not the answer; liberation is the answer#resources#palestine#free palestine#free gaza#gaza strip#please look into other resources within the first and second tags in this post too
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IBC Cap Market Size, Share, Trends, Growth and Competitive Analysis
"IBC Cap Market – Industry Trends and Forecast to 2028
Global IBC Cap Market, By Product Type (Flange, Plugs, Vent-in Plug, Vent-out Plug and Screw closure), Type (Plastic IBC, Metal IBC and Composite IBCs), Material Type (Plastics, Metal, Aluminium and Steel), End Use (Chemicals & Fertilizers, Petroleum & Lubricants, Paints, Inks & Dyes, Food & Beverage, Agriculture, Building & Construction, Healthcare & Pharmaceuticals and Mining), Application (Food And Drinks, Chemical Industry, Oil and Agriculture), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Access Full 350 Pages PDF Report @
The global IBC cap market is expected to witness significant growth over the forecast period due to the increasing demand for intermediate bulk containers (IBCs) in various industries such as chemicals, food and beverages, pharmaceuticals, and others. The IBC caps play a crucial role in ensuring the safe storage and transportation of liquid products. The market growth is also being driven by technological advancements in IBC cap designs, such as tamper-evident seals and spouts for easy dispensing. Additionally, the growing focus on sustainability and recyclability of packaging materials is further boosting the adoption of IBC caps made from eco-friendly materials.
**Segments**
- Based on material type, the IBC cap market can be segmented into plastic, metal, and others. Plastic caps are widely used due to their lightweight nature and cost-effectiveness. - By cap type, the market can be categorized into screw caps, snap-on caps, and flip-top caps. Screw caps are preferred for their secure sealing properties. - On the basis of end-user industry, the market can be divided into chemicals, food and beverages, pharmaceuticals, and others. The chemicals segment is anticipated to hold a significant market share due to the widespread use of IBCs for storing chemical products.
**Market Players**
- TPS Industrial Srl - Schuetz GmbH & Co. KGaA - Mauser Packaging Solutions - Time Technoplast Ltd - Berry Global Inc. - THIELMANN UCON AG - Precision IBC, Inc. - Peninsula Packaging LLC
These market players are actively involved in strategic initiatives such as product launches, partnerships, and acquisitions to strengthen their market presence and expand their product offerings. The competitive landscape of the IBC cap market is characterized by intense competition, prompting companies to focus on innovation and quality to gain a competitive edge.
The Asia-Pacific region is expected to witness substantial growth in the IBC cap market, driven by the rapid industrialization and the increasing adoption of IBCsThe Asia-Pacific region represents a significant growth opportunity for the global IBC cap market due to several key factors. With rapid industrialization and the expanding manufacturing sector in countries like China, India, and Southeast Asia, there is a growing demand for efficient storage and transportation solutions, including IBCs and their associated caps. The increased focus on chemical production, food processing, and pharmaceutical manufacturing in the region further fuels the need for reliable packaging solutions like IBC caps. As these industries continue to grow, the adoption of IBC caps is expected to rise, driving market expansion in the Asia-Pacific region.
Moreover, the emphasis on enhancing safety standards and ensuring product integrity is a crucial factor contributing to the growth of the IBC cap market in Asia-Pacific. Regulations regarding the safe handling and transportation of hazardous chemicals and pharmaceuticals necessitate the use of high-quality caps that can effectively seal and protect the contents of IBCs. As companies in the region strive to comply with stringent regulatory requirements, the demand for advanced and secure IBC caps is projected to increase significantly.
Additionally, the shift towards sustainability and eco-friendly practices is another trend shaping the IBC cap market in Asia-Pacific. With growing environmental concerns and increasing awareness about plastic pollution, there is a rising preference for IBC caps made from recyclable and biodegradable materials. Market players in the region are focusing on developing sustainable packaging solutions to meet the evolving consumer demands and align with global sustainability goals. This shift towards eco-friendly IBC caps not only addresses environmental concerns but also presents market players with opportunities to differentiate their offerings and attract environmentally conscious customers.
Furthermore, the competitive landscape of the IBC cap market in Asia-Pacific is characterized by the presence of both local manufacturers and international players. Local companies often have a strong understanding of regional market dynamics and customer preferences, giving them a competitive advantage in catering to specific industry needs. On the other hand, multinational companies bring technological expertise and a wide product portfolio, which can appeal to a broader customer base seeking innovative and**Global IBC Cap Market, By Product Type**
- Flange - Plugs - Vent-in Plug - Vent-out Plug - Screw closure
**Type**
- Plastic IBC - Metal IBC - Composite IBCs
**Material Type**
- Plastics - Metal - Aluminium - Steel
**End Use**
- Chemicals & Fertilizers - Petroleum & Lubricants - Paints, Inks & Dyes - Food & Beverage - Agriculture - Building & Construction - Healthcare & Pharmaceuticals - Mining
**Application**
- Food And Drinks - Chemical Industry - Oil and Agriculture
The Global IBC Cap market is experiencing significant growth due to the rising demand for intermediate bulk containers across various industries. Plastic caps are increasingly preferred for their lightweight and cost-effective nature, driving market growth within the material type segment. Screw caps, known for their secure sealing properties, dominate the cap type category. The chemicals segment is anticipated to hold a substantial market share among end-user industries, attributed to the widespread use of IBCs for chemical storage. The market players in the industry are focusing on strategic initiatives like product launches and partnerships to enhance their market presence and offerings. The competitive landscape is intense, spurring companies to innovate and prioritize quality for a competitive advantage.
In Asia-Pacific, the IBC cap market is poised for robust growth fueled by rapid industrialization and the expanding manufacturing sector, particularly in countries like China,
Countries Studied:
North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Key Coverage in the IBC Cap Market Report:
Detailed analysis of IBC Cap Market by a thorough assessment of the technology, product type, application, and other key segments of the report
Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
Comprehensive analysis of the regions of the IBC Cap industry and their futuristic growth outlook
Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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SEO Services In India | Best SEO Company India
SEO, also known as Search Engine Optimization, stands out as a widely embraced tool for establishing a digital world for your website Living in the communication trends, individuals frequently seek innovative methods to showcase their business websites or mobile applications online, aiming to enhance visibility and boost revenue streams.
Digital landscape, where visibility and online presence are paramount for business success, Search Engine Optimization (SEO) has become the cornerstone of any effective digital marketing strategy.
Who We Are:
Softgrid Computers is not just another digital marketing agency; we are pioneers in the field of SEO services in India. With years of experience and a team of seasoned professionals, we have helped countless businesses from various industries achieve unparalleled success in the digital sphere.
Our Approach:
At Softgrid Computers, we understand that every business is unique, and hence, we tailor our SEO strategies to meet the specific needs and objectives of each client. Whether you are a small start-up or a large corporation, we have the expertise and resources to elevate your online presence and drive targeted traffic to your website.
Our Services:
Comprehensive Website Audit: We begin by conducting a thorough audit of your website to identify areas for improvement and optimization.
Keyword Research and Analysis: Our team of SEO experts meticulously researches and analyzes relevant keywords to ensure maximum visibility and organic traffic.
On-Page Optimization: We optimize your website's structure, content, and meta tags to enhance its search engine rankings and user experience.
Off-Page Optimization: Through strategic link-building and content marketing, we boost your website's authority and credibility in the eyes of search engines.
Content Creation and Optimization: Engaging and informative content is crucial for SEO success. Our team creates high-quality content optimized for both users and search engines.
Local SEO: For businesses targeting local markets, we optimize your online presence to ensure maximum visibility in local search results.
Ongoing Monitoring and Reporting: We continuously monitor your website's performance and provide detailed reports on key metrics, keeping you informed every step of the way.
Why Choose Us:
Proven Track Record: With a long history of delivering exceptional results, we have earned the trust and loyalty of our clients.
Experienced Professionals: Our team consists of seasoned SEO experts who stay updated with the latest trends and algorithms.
Customized Solutions: We understand that one size does not fit all, which is why we offer personalized SEO strategies tailored to your unique needs.
Transparent Communication: We believe in open and honest communication, keeping you informed and involved throughout the entire process.
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Conclusion:
In today's competitive digital landscape, partnering with the right SEO services provider can make all the difference in achieving online success. With Softgrid Computers, you can trust that your business is in capable hands. Contact us today to unlock the full potential of your online presence and propel your business to new heights.
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Renewable Energy M&A hits a record high of $100bn!
The global deal value surged by 48% y/y to $108bn in 2022; transacted capacity more than doubled to 740 GW. Corporate consolidations in the US and acquisitions of offshore wind assets in Europe were the major contributors to this rise.
Enerdatics has published its annual analysis of renewable energy transactions, globally. To access the full copy of this report, kindly visit enerdatics.com.
In the US, large, integrated power producers and oil majors expanded their presence in the onshore wind, solar and biofuels segments, fueled by incentives offered under the Inflation Reduction Act (IRA). The Biden administration’s waiver of import tariffs on solar panels from certain Southeast Asian countries improved the outlook for the US’s solar sector, contributing to a 309% y/y rise solar deal value during the year. Meanwhile, clean fuel tax credits and the rising demand to decarbonize domestic heating and power spurred billion-dollar investments in renewable natural gas (RNG) and alcohol fuels assets by bp and Chevron.
In Europe, private equity (PE)-led farm-ins in offshore wind assets, primarily in the UK and Germany accounted for ~40% of the region's transaction value. Ambitious government targets and supportive legislation, such as Germany’s Easter Package, drove deal activity. Further, the EU's plan to offset 3.5 billion cubic metres of Russian gas annually and efforts to decarbonize fossil fuel-based power and heating is spurring investments in renewable natural gas and energy-from-waste platforms. Shell and KKR led activity in the sector during the year.
APAC accounted for $19bn of transactions during the year, with India emerging as the premier market in the region. Onshore wind M&A activity surged by 69% y/y, as countries in the region overcame supply chain bottlenecks due to proximity to steel and equipment manufacturing hubs. Additionally, continued elevated prices of oil, coal, and LNG drove C&I customers to turn to corporate power purchase agreements, leading to a surge in interest for assets backed by bilateral contracts
LatAm deal value surged by 314% y/y, with Brazil accounting for 84% of the region’s transaction value. A 2021 regulation that allows companies to sign dollar-denominated PPAs incentivized foreign investment in Brazil's renewables sector by reducing forex risk. Meanwhile, Chile recorded $1bn of deals in 2022, however, transmission bottlenecks continue to impact investor appetite in the country.
PS: The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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Kolkata's Top 10 Business Management Colleges for 2024 Batch
Gone are the days when pursuing a general course was enough to access a range of promising career prospects. To advance in one's job, it is, now nearly, obligatory to enroll in a professional program. In terms of professional education, business management programs have emerged as a beacon of a "bright career." So, for those interested in pursuing a BBA/MBA/PGDM in the city, here is a list of the top 10 business management institutes in Kolkata.
Why Pursue Business Management Courses in 2024?
A degree in Business & Management Studies will prepare you for a career in practically any sector. Furthermore, the advent of AI, ML, social media, and so on are just a few areas that have and will business management. Consequently, there is a greater demand for management professionals across diverse job roles in every sector.
If you're still wondering why to pursue a Business Management program in 2024, here's our take.
Lucrative career options
Handsome pay package
Personal growth- soft and hard skills
Better networking opportunities
Development of leadership qualities
Build own business
Get industry insights, etc.
The Top 10 Business Management Colleges in Kolkata for 2024 Batch
If you want to pursue a business management course in the coming year, here is a list of Kolkata's top 10 business management colleges for the 2024 batch..
IIM, Calcutta
Since its inception in 1961, the Indian Institute of Management, Calcutta (IIMC) has remained the premier B-School for earning an MBA degree. The first of the country's IIMs, IIMC, is ranked fourth by NIRF (2023). This business school is most renowned for its two-year full-time standard MBA program. Aside from the MBA program, the IIMC provides an array of other postgraduate courses. Due to its educational legacy, top-tier faculty members, attractive placement options, and accreditation by AACSB, AMBA, and EQUIS, IIMC remains one of the most sought-after B-Schools among management aspirants in India. The institute will accept a valid CAT score in the 96-99 percentile range or higher.
Accreditation: AACSB, AMBA, and EQUIS
Membership: India of Community of European Management Schools (CEMS)
Accepted Entrance Exams: CAT/GMAT
IIFT, Kolkata
IIFT, or the Indian Institute of Foreign Trade, is an autonomous business school in Kolkata. One of the premier business schools in the eastern part of India, IIFT was founded by the Ministry of Commerce & Industry as an autonomous body in 1963. IIFT has risen in tandem with IIM, Calcutta, and is now regarded as one of the top B-Schools for pursuing several MBA programs such as International Business (available full-time, weekend, and online) and Business Analytics. In 2002, IIFT was designated as a "Deemed to be University," and its key areas of study include International Business Management and Strategy.
Accreditation: AACSB
Accepted Entrance Exams: CAT/GMAT
Calcutta University- Dept. of Business Management
One of the oldest universities in India, Calcutta University established its Dept. of Business Management in 1976 with the nomenclature of Master of Business Management (MBM) in 2013. Afterwards, the name was changed to Master of Business Administration (MBA). This programme is offered at the Post Graduate Department in the Alipore Campus of Calcutta University with dual specializations in areas like marketing, human resource management, operations management, system analysis, etc. The University of Calcutta has been ranked 12 under the University category by NIRF 2023 and accredited with a Grade A by NAAC.
Accreditation: NAAC
Affiliation: UGC, AIU, and ACU
Accepted Entrance Exams: CAT/MAT/XAT
Globsyn Business School
Globsyn Business School (GBS) in Kolkata shines bright in the midst of big names is Globsyn Business School (GBS), Kolkata. Standing tall on 8 acres of land on the outskirts of the city, GBS offers 2 PGDM programmes, one general and the other one in Business Analytics, and one MBA (Global) programme in International Business. The PGDM pogrammes are AICTE accredited while the Global MBA course is offered in collaboration with the Malaysia University of Science and Technology or MUST. Along with imparting theoretical lessons, GBS also focuses on providing students with essential industry exposure via its Summer Internship Program.
Accreditation: AICTE
Accepted Entrance Exams: CAT/MAT/XAT/CMAT/ATMA
IMI, Kolkata
The International Management Institute (IMI) in Kolkata is a branch of the International Management Institute in New Delhi. IMI, Kolkata is embraced by lush nature and has cutting-edge infrastructure. The institutions have AICTE, NBA, and AIU accreditations, and were ranked 70th among the Top MBA Colleges in India by NIRF 2023. They offer three management courses: Post Graduate Diploma in Management (PGDM), Fellowship Programme in Management (FPM), and Executive Fellow Programme in Management (EFPM).
Accreditation: AICTE, NBA, AIU, AACSB, and AMBA
Accepted Entrance Exams: CAT/XAT/MAT
Praxis Business School
Praxis Business School, Kolkata offers a full-time, 2-year, PGDM course approved by the All India Council for Technical Education (AICTE). Within India, this business school has been a forerunner in the domains of Data Analytics, Data Science, and Data Engineering. Prospective applicants must take and pass the CAT, XAT, CMAT, MAT, ATMA, GMAT, or GRE tests to be accepted to Praxis's PGDM program.
Accreditation: AICTE
Accepted Entrance Exams: CAT/XAT/CMAT/MAT/ATMA/GMAT/GRE
IISWBM
Like the IIMC and the Department of Business Management at Calcutta University, IISWBM is one of the oldest management schools in the nation, not just in Kolkata. India's first management institute, IISWBM, Kolkata was established in 1953 by the University of Calcutta. The B-School, one of the most prestigious schools in West Bengal, is accredited by the AICTE and affiliated with the University of Calcutta and offers a variety of postgraduate programs in addition to MBA courses on various specializations.
Accreditation: AICTE
Affiliation: University of Calcutta
Accepted Entrance Exams: MAT/CAT/CMAT/JMAT/GATE/GMAT
Indian Statistical Institute (ISI)
With the mention of ISI, most of us conjure terms like statistics, mathematics, etc., which is not wrong. However, a lot of us might not be aware that ISI, jointly with IIT Kharagpur and IIM Calcutta, offers a PG Diploma in Business Analytics (PGDBA). This institution has received accreditation from the Ministry of Statistics and Program Implementation (MOSPI) and recognition from the AICTE. In order to be admitted to ISI's PG Diploma in BA program, applicants must have earned at least 60% in their B. Tech., B.E., M.Sc., or M.Com. program.
Accreditation: AICTE and MOSPI
Accepted Entrance Exams: CAT/GMAT
Institute of Engineering and Management (IEM)
IEM has succeeded in the fiercely competitive city's B-School market. IEM is accredited by the AICTE and NBA and has received a Grade A designation from the NAAC with a score of 3.25. The B-School is associated with Maulana Abul Kalam Azad University of Technology (MAKAUT), located in West Bengal, and provides both PGDM and MBA programs. These days, aspirants in management are increasingly drawn to IEM's MBA in Business Analytics in addition to other specializations.
Accreditation: AICTE
Affiliation: MAKAUT
Accepted Entrance Exams: CAT/MAT/JEMAT
ARMY Institute of Management (AIM)
Not just meant for ARMY wards but also for general category students, AIM, Kolkata offers a two-year, full-time MBA program with dual specializations. This B-School was established in 1997 by the Army Welfare Education Society (AWES) and is affiliated with Maulana Abul Kalam Azad University. To get admission to AIM, one needs to possess a valid CAT scorecard. Having stated that, if an applicant has a current JEMAT Rank card and an MAKAUT Allotment card, they may be eligible for direct admission to AIM.
Accreditation: AICTE and NAAC
Affiliation: MAKAUT
Accepted Entrance Exams: CAT
Conclusion
In conclusion, enrolling in business management courses in 2024 will provide you with a dynamic, pertinent education that will give you the know-how you need to succeed in a constantly evolving corporate environment. To fully reap the benefits of any management degree, it is imperative to make an informed decision while choosing the appropriate business management school. Hence, the list above could be a great starting point for potential business management students to learn more about Kolkata's top 10 business schools for 2024.
Frequently Asked Questions (FAQs)
Is Kolkata a good place to study business management?
Of course, yes. Business management colleges in Kolkata provide high-quality education as well as lucrative job possibilities and industry connections.
What are the top 5 MBA colleges in Kolkata?
Here are the top 5 MBA colleges in Kolkata:
IIMC
IIFT
IISWBM
Globsyn Business School
IMI
What entrance exams are accepted in top business schools in Kolkata?
Top business schools in the city accept a valid score in any of the following exams:
CT/MAT/XAT/CMAT/JEMAT/etc.
Which is the oldest business management college in Kolkata?
IISWBM is the oldest management school in Kolkata, along with being the first institute in India to offer an MBA degree.
Is CAT mandatory for an MBA?
For admission to their MBA programs, most top business schools accept a legitimate CAT score. It is, however, not the sole exam that is accepted. Several B-Schools also accept valid scores on tests such as the MAT/XT/CMAT/ATMA, among others.
#mba#kolkata mba colleges#best mba colleges in kolkata placement wise#mba colleges in kolkata#mba colleges in kolkata with good placements#best colleges for mba#mba colleges#mba college#top 10 mba colleges in kolkata#top mba colleges in kolkata#best mba colleges in kolkata#globsyn business school#globsyn#gbs#gbs kolkata
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Self-heating Food Packaging Market: Catering to the Changing Lifestyles of Consumers
Self-heating food packaging refers to a specialized packaging solution that incorporates an integrated heating technology to heat food products without the need for an external heat source. This innovative packaging concept has gained significant popularity in recent years due to its convenience, portability, and ability to provide hot and fresh food on the go. The self-heating food packaging market has witnessed substantial growth and is expected to continue expanding as consumers increasingly seek convenient and time-saving food solutions.
Market Overview:
The self-heating food packaging market has experienced a rapid surge in demand owing to changing consumer lifestyles, the rise of on-the-go eating habits, and the need for instant and hassle-free meal options. This market segment caters to a diverse range of food products, including ready-to-eat meals, soups, beverages, and even baby food.
Key Market Drivers:
• Convenience and Portability: Self-heating food packaging offers consumers the ability to enjoy hot and fresh meals anytime, anywhere, without the need for traditional heating methods. • Time-saving Solution: In today's fast-paced world, self-heating food packaging provides a quick and convenient solution for busy individuals who have limited time for meal preparation. • Increased Outdoor Activities: The growing trend of outdoor activities such as camping, hiking, and sports events has led to a rise in demand for self-heating food packaging among adventure enthusiasts. • Product Innovation: Continuous advancements in self-heating technology, packaging materials, and designs have expanded the market's potential and attracted consumers looking for unique and novel food experiences.
Market Segmentation:
The self-heating food packaging market can be segmented based on various factors:
Packaging Type:
a. Self-heating Cans: Traditional metal cans with integrated heating elements that activate upon the press of a button. b. Self-heating Pouches: Flexible pouches with heating elements that utilize chemical reactions or electric currents to heat the food contents.
Application:
a. Ready-to-eat Meals: This includes various cuisines, such as pasta, rice dishes, curries, and meat-based products. b. Soups and Beverages: Self-heating packaging solutions for soups, coffee, tea, hot chocolate, and other hot beverages. c. Baby Food: Self-heating containers designed specifically for heating and serving baby food while on the go.
Distribution Channel:
a. Supermarkets and Hypermarkets b. Convenience Stores c. Online Retailers d. Others (Vending Machines, Specialty Stores)
Regional Analysis:
• North America: The United States and Canada are major contributors to the self-heating food packaging market due to the increasing demand for convenient and on-the-go meal options. • Europe: Countries like the United Kingdom, Germany, France, and Italy have witnessed substantial growth in the self-heating food packaging market, driven by changing consumer preferences and busy lifestyles. • Asia Pacific: Rapid urbanization, hectic work schedules, and increasing disposable income levels in countries like China, Japan, South Korea, and India have fueled the demand for self-heating food packaging. • Rest of the World: Emerging markets in Latin America, the Middle East, and Africa are also witnessing a rise in demand for self-heating food packaging due to changing consumer behavior and rising disposable incomes.
Competitive Landscape:
The self-heating food packaging market is characterized by the presence of several key players who are actively engaged in product innovation, partnerships, and expansion strategies. Some of the prominent companies operating in this market include:
HeatGen™ Crown Holdings Inc. The 42 Degrees Company Hot-Can Lekispak Tempra Technology
These companies are investing in research and development to enhance the functionality, safety, and sustainability of self-heating food packaging solutions. Additionally, strategic collaborations with food manufacturers, retailers, and e-commerce platforms are helping them expand their market reach.
Conclusion:
The self-heating food packaging market is witnessing substantial growth driven by consumer demand for convenient and time-saving food solutions. The ability to enjoy hot and fresh meals on the go without the need for traditional heating methods is a key factor propelling market expansion. As technology advances and product innovation continues, the self-heating food packaging market is poised for further growth and presents significant opportunities for companies operating in this segment.
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Top 10 ERP Software for Engineering Industry
In the contemporary and dynamic commercial environment, the engineering sector in India is confronted with a diverse range of obstacles, including intense competition, increasing client expectations, intricate project administration, and resource allocation optimisation. In the contemporary era of technology, the utilisation of Enterprise Resource Planning (ERP) software has become an essential and irreplaceable instrument for engineering firms aiming to optimise their operational processes, improve productivity, and foster long-term and sustainable expansion. Boost your engineering company's efficiency with cutting-edge ERP software – STERP software offered by STERP (Shanti Technology) – one of the most trusted firms offering ERP software for engineering companies in Mumbai. Take the first step towards success today with STERP!
This blog article offers a comprehensive examination of the ten leading enterprise resource planning (ERP) software packages specifically designed to cater to the distinct requirements of the engineering sector in India. The aim is to assist organisations in making well-informed choices that will contribute to their future success.
· STERP Software:
STERP Software is a cutting-edge ERP solution offering an array of features to streamline business operations. It excels in location tracking, task management, and mobile user visit reports. Additionally, it enables seamless tracking of finished goods progress and efficient document management. ISO audit reports and vendor ratings ensure compliance and supplier assessment. The dynamic dashboard provides real-time insights, while multi-currency support facilitates global transactions.
The export documents feature simplifies international trade, and auto-email & SMS integration enhances communication. Quotation lost analysis ratio aids in optimizing sales strategies. Depreciation calculation and auto JV streamline accounting. Moreover, it's Android & iOS mobile app enables easy on-the-go access, including component process tracking.
· Tally.ERP 9:
Tally.ERP 9 is a highly renowned and extensively utilised enterprise resource planning (ERP) software in India, serving a diverse range of businesses, including engineering enterprises, irrespective of their scale or magnitude. Tally.ERP 9 offers comprehensive financial management, inventory control, and taxation modules that enable engineering organisations to adhere to Indian accounting rules and effectively handle financial data management.
· Oracle NetSuite:
Oracle NetSuite is a cloud-based enterprise resource planning (ERP) software that offers a cohesive platform, encompassing ERP, customer relationship management (CRM), and electronic commerce (eCommerce) capabilities. The software's adaptability and capacity to accommodate the needs of engineering businesses of varying sizes in India allow for the optimisation of operations and the acquisition of significant knowledge regarding their business procedures.
· Microsoft Dynamics 365 ERP:
Microsoft Dynamics 365 is a multifaceted enterprise resource planning (ERP) solution that encompasses several functionalities like financial management, supply chain operations, and project accounting. By incorporating localization capabilities specifically designed for India, the software enables engineering organisations to effectively streamline their processes, adhere to regulatory standards, and improve overall client satisfaction.
· Ramco ERP:
The Ramco ERP system has been specifically developed to cater to the distinct needs and demands of the engineering sector within the Indian market. The inclusion of modules pertaining to project management, asset management, and production planning facilitates the attainment of operational excellence and the stimulation of growth within engineering enterprises.
Empower your engineering firm with advanced ERP tools offered by STERP – one of the renowned ERP solution providers in Mumbai. Get a free consultation to discover how!
· EPPS ERP:
The EPPS ERP is a software solution originating from India that has been specifically designed to cater to the needs of the engineering industry. The EPPS ERP system offers a comprehensive range of modules that encompass several aspects of project management, including project planning, procurement, and quality control. By leveraging these modules, firms can effectively streamline their project management processes while upholding stringent quality standards.
· Marg ERP 9+:
Marg ERP 9+ is widely favoured among small and medium-sized engineering enterprises in India. The programme provides a wide range of capabilities, encompassing inventory management, order processing, and adherence to GST legislation, so facilitating operational efficiency and ensuring compliance with local legal requirements for enterprises.
· Infor CloudSuite Industrial (SyteLine):
Infor CloudSuite Industrial, previously recognised as SyteLine, is a comprehensive enterprise resource planning (ERP) solution that specifically caters to the needs of process manufacturing and job shop industries. Its suitability for engineering firms in India lies in its ability to effectively manage different production requirements.
· Focus i:
Focus i is an ERP software that has been designed in India specifically to address the distinct requirements of the engineering industry in the country. Focus i is a software solution that offers several functionalities, including project management, production planning, and HR management. This comprehensive suite of tools enables engineering organisations to enhance their operational efficiency and financial performance.
Optimize your engineering projects and increase profitability. Get ERP solutions offered by top ERP for manufacturing company in Mumbai – STERP (Shanti Technology).
· Reach ERP:
Reach ERP is a nascent participant in the Indian enterprise resource planning (ERP) industry, specifically tailored to cater to the needs of small and medium-sized engineering enterprises. The cloud-based design of this system, in conjunction with its various capabilities such as inventory control, order management, and financial accounting, facilitates efficient operational administration for organisations.
Final Thoughts:
The pursuit of efficiency, innovation, and sustainable growth holds significant importance in India's engineering business. The adoption of digital transformation within the industry has led to the recognition of ERP software as a crucial facilitator. This software plays a significant role in assisting engineering companies in optimising their operations, enhancing the efficient allocation of resources, and ultimately improving customer satisfaction. The aforementioned list comprises the top 10 enterprise resource planning (ERP) software systems that are tailored to address the unique requirements of the engineering sector in India. These software solutions offer a wide range of comprehensive features and functionalities, specifically designed to effectively address the many difficulties and opportunities prevalent in the market.
When making a decision on the choice of an Enterprise Resource Planning (ERP) system, engineering businesses should take into account many variables like scalability, localization capabilities, simplicity of integration, and vendor support. Gain a competitive edge in Mumbai's engineering sector - Implement effective ERP solution offered by STERP (Shanti Technology) – one of the distinct ERP software providers in Mumbai! The use of Enterprise Resource Planning (ERP) technology represents a strategic decision that holds the potential to bring about dramatic changes within the engineering industry in India.
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Aluminum Market: Products, Applications & Beyond
Aluminum is a versatile element with several beneficial properties, such as a high strength-to-weight ratio, corrosion resistance, recyclability, electrical & thermal conductivity, longer lifecycle, and non-toxic nature. As a result, it witnesses high demand from industries like automotive & transportation, electronics, building & construction, foil & packaging, and others. The high applicability of the metal is expected to drive the global aluminum market at a CAGR of 5.24% in the forecast period from 2023 to 2030.
Aluminum – Mining Into Key Products:
Triton Market Research’s report covers bauxite, alumina, primary aluminum, and other products as part of its segment analysis.
Bauxite is anticipated to grow with a CAGR of 5.67% in the product segment over the forecast years.
Bauxite is the primary ore of aluminum. It is a sedimentary rock composed of aluminum-bearing minerals, and is usually mined by surface mining techniques. It is found in several locations across the world, including India, Brazil, Australia, Russia, and China, among others. Australia is the world’s largest bauxite-producing nation, with a production value of over 100 million metric tons in 2022.
Moreover, leading market players Rio Tinto and Alcoa Corporation operate their bauxite mines in the country. These factors are expected to propel Australia’s growth in the Asia-Pacific aluminum market, with an anticipated CAGR of 4.38% over the projected period.
Alumina is expected to grow with a CAGR of 5.42% in the product segment during 2023-2030.
Alumina or aluminum oxide is obtained by chemically processing the bauxite ore using the Bayer process. It possesses excellent dielectric properties, high stiffness & strength, thermal conductivity, wear resistance, and other such favorable characteristics, making it a preferable material for a range of applications.
Hydrolysis of aluminum oxide results in the production of high-purity alumina, a uniform fine powder characterized by a minimum purity level of 99.99%. Its chemical stability, low-temperature sensitivity, and high electrical insulation make HPA an ideal choice for manufacturing LED lights and electric vehicles. The growth of these industries is expected to contribute to the progress of the global HPA market.
EVs Spike Sustainability Trend
As per the estimates from the International Energy Agency, nearly 2 million electric vehicles were sold globally in the first quarter of 2022, with a whopping 75% increase from the preceding year. Aluminum has emerged as the preferred choice for auto manufacturers in this new era of electromobility. Automotive & transportation leads the industry vertical segment in the studied market, garnering $40792.89 million in 2022.
In May 2021, RusAl collaborated with leading rolled aluminum products manufacturer Gränges AB to develop alloys for automotive applications. Automakers are increasingly substituting stainless steel with aluminum in their products owing to the latter’s low weight, higher impact absorption capacity, and better driving range.
Also, electric vehicles have a considerably lower carbon footprint compared to their traditional counterparts. With the growing need for lowering emissions and raising awareness of energy conservation, governments worldwide are encouraging the use of EVs, which is expected to propel the demand for aluminum over the forecast period.
The Netherlands is one of the leading countries in Europe in terms of EV adoption. The Dutch government has set an ambitious goal that only zero-emission passenger cars (such as battery-operated EVs, hydrogen FCEVs, and plug-in hybrid EVs) will be sold in the nation by 2030. Further, according to the Canadian government, the country’s aluminum producers have some of the lowest CO2 footprints in the world.
Alcoa Corporation and Rio Tinto partnered to form ELYSIS, headquartered in Montréal, Canada. In 2021, it successfully produced carbon-free aluminum at its Industrial Research and Development Center in Saguenay. The company is heralding the beginning of a new era for the global aluminum market with its ELYSIS™ technology, which eliminates all direct GHG emissions from the smelting process, and is the first technology ever to emit oxygen as a byproduct.
Wrapping Up
Aluminum is among the most widely used metals in the world today, and is anticipated to underpin the global transition to a low-carbon economy. Moreover, it is 100% recyclable and can retain its properties & quality post the recycling process.
Reprocessing the metal is a more energy-efficient option compared to extracting the element from an ore, causing less environmental damage. As a result, the demand for aluminum in the sustainable energy sector has thus increased. The efforts to combat climate change are thus expected to bolster the aluminum market’s growth over the forecast period.
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Location Infrastructure: The Future of Logistics
Modern consumers seek things that are both reasonably priced and easily accessible at any time in today's globalized and connected culture. Supply chains must be dependable and robust for this.
The weakest connection in supply chains determines how robust the network is, and as recent years have shown, transportation is typically that weak link. Logistics is the more accessible and more effective transportation and management of a complicated activity. In business, logistics is the movement of goods from their origin to their final destination to satisfy the demands of clients or companies.
Some companies use drones for international courier services and ocean freight forwarding services. This will reduce the time it takes to deliver packages from days to hours. Therefore, businesses can deliver the value consumers want without blowing their budgets on transportation logistics or impeding the flow of commodities vital to the global economy.
Opportunity in India
One of the largest in the world in terms of logistics, India offers a substantial market opportunity. The industry, which includes transportation, warehousing, and other supply-chain solutions spanning from the suppliers to the end customers, logistics as an industry is essential for the nation's economic progress.
Role of Technology
Society is evolving thanks to technology. The world is heading toward automation in a big way, and businesses are less and less interested in activities that need physical labour or human interaction.
Technology enhances interconnections between various industries and companies by meeting client requests and facilitating effective business tactics that increase revenue and lessen rivalry. The logistics sector has been significantly touched by technology.
Several technologies are altering the future of the logistics sector.
Automation
Automation enhances a machine's productivity by utilizing data from software to produce the best outcomes with high precision. Automation benefits everything from better package labelling to effective warehouse sorting systems and quick deliveries. Future leaders in logistics will be the companies that use automation first.
Systems for tracking shipments
Users can keep an eye on and track their shipments by using it. It offers customer account information on the consignment assigned to them, customized reports, and notifications for shipments and messages. These systems improve the user experience.
Internet of Things (IoT)
The Internet of Things (IoT) is a network where physical things are implanted with microchips and software to enable communication with other devices. The logistics sector has been utilizing IoT devices to gather data, lessen superfluous duties, and streamline processes.
Radio waves are used by Radio Frequency Identification (RFID) RFID to read data stored in RFID tags or smart labels. These radio waves assist in locating, identifying, and communicating with both people and objects.
An antenna, an RFID tag, and an RFID reader make up an RFID system. An integrated circuit and an antenna make up RFID tags, which transmit data to an RFID reader (also known as an interrogator).
The reader assists in converting the radio waves into more meaningful data. The operating systems get the information received from tags through a communication interface, which is then saved in a database and later processed for analysis.
Automated vehicles and drones
Drones could soon be used to deliver our orders thanks to technology. We can already see autonomous trucks on the road in the next few years.
GPS accuracy was improved
In the past, printed maps were utilized to navigate distant locations, but with the advancement of technology, today, cars come equipped with GPS. These gadgets' accuracy has dramatically improved over the years, which has helped disgruntled and lost drivers and the supply chain. By tracking the whereabouts of trucks and facilitating a simple route thanks to access to up-to-date traffic information, GPS's high precision enables higher production and delighted consumers.
Social media
The power of social media is enhancing operations and the logistics sector as a whole. These platforms are increasingly the simplest and most effective means for businesses to interact with customers and swiftly disseminate important information, market news, and client feedback.
Blockchain
Blockchain has a lot to offer the logistics sector. Automating the process, minimizing paperwork, and improving inventory transparency and traceability, enables businesses to operate more efficiently. Since all data is exchanged from the manufacturing site until it reaches the end user, supply chains are more secure.
Robotics
Like automated devices, robots are made to carry out human activities. It performs human movements and tasks and has a human appearance. The logistics sector can benefit from this feature. The logistics sector has found it challenging to meet market demand due to the massive growth of e-commerce, a problem that robotics has resolved. In addition to taking less time than people, it is also more productive.
Conclusion
The global supply chain's productivity has increased thanks to technology, which has also decreased expenses and errors. Transportation, international courier service transportation (by sea and air), supply chain management, and shipment tracking are examples of how the logistics industries have benefited. Many businesses offer solutions to the logistics sector to make their jobs easier. This company is making great future benefits for its clients.
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Why Need Build Customer Loyalty? A Comprehensive Guide
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Drone Package Delivery Market Are Estimated To Increase During Period 2029 USD 31,188.7 Million At Exhibiting a CAGR of 53.94%
The global drone package delivery market size is projected to reach USD 7,388.2 million by 2028, exhibiting a CAGR of 41.8% during the forecast period. Widespread deployment of drones to deliver medical and food supplies amid the COVID-19 pandemic is expected to aid the market make substantial gains, observes Fortune Business Insights™ in its report, titled “Drone Package Delivery Market Size, Share & Industry Analysis, By Type (Fixed Wing and Rotary Wing), By Package Size (Less Than 2 Kg, 2-5 Kg, and above 5 Kg), By End Use (Restaurant & Food Supply, E-commerce, Healthcare, Retail Logistics & Transportation and others), and Regional Forecast, 2020-2028”.
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The report states that the market value stood at USD 642.4 million in 2019 and shares the following information:
Comprehensive depiction of the industry outlook and trends;
Detailed insights into the upcoming opportunities in the market;
Tangible analysis of the market drivers, restrains, and all possible segments; and
In-depth assessment of the regional and competitive dynamics impacting the market.
Driving Factor
Emergence of Drone Startups in Logistics to Augment Market Potential
The growing demand for enhancing the efficiency of logistics operations has triggered a sudden emergence of startups specializing in drone technologies to cater to these needs. For example, DroneScan, a South Africa-based startup, designs drones that transmits live data of scanned items in warehouses, making inventory management more efficient and upping the productivity quotient of workers. An Italy-based startup, Archon, provides autonomous robotic drone services to facilitate supervised as well as unsupervised inspection of warehousing and logistics operations. The drone startup culture is gathering momentum in developing countries as well. For example, in India, several startups have spawned in the past few years that are providing next-gen drone services. Aarav Unmanned Systems, for instance, was started in 2013 and is India’s first drone company to develop drone solutions for commercial applications in the public and private sectors. These developments are expected to power the drone package delivery market growth in the forthcoming years.
Regional Insights
North America to Top Other Regions Backed by Rising Preference for Drone Deliveries by Shoppers
North America is set to dominate the drone package delivery market share during the forecast period owing to the increasing inclination of online shoppers towards delivery of goods through unmanned aerial vehicles (UAVs). With a market size of USD 237.7 million in 2019, the region is likely to retain its leading position, which will be supported by the strong financial support to drone startups in the US and Canada.
In Europe, the market is anticipated to be driven by the growing presence of tech companies that are expanding their operations in the region through collaborations and partnerships. Asia Pacific is expected to create exciting opportunities for market players on account of the emerging trend of online purchasing of groceries in the large cities of India, China, and Indonesia.
Competitive Landscape
Supportive Regulations to Novel Ideas to Feed Competitive Ardor of Key Players
With the scope for innovation widening, key players in the market drone package deliveries are engaged in coming up with novel drone solutions, especially during the current coronavirus crisis. Supporting their efforts are regulatory bodies that are easing flying norms and rules to ensure timely delivery of essential supplies to people.
List of Key Companies Profiled in the Drone Package Delivery Market Report:
DroneScan (South Africa)
Cheetah Logistics Technology (US)
Flytrex (Israel)
Flirtey (US)
Matternet, Inc. (US)
Boeing (US)
Amazon Inc. (US)
Wing Aviation LLC (US)
Workhorse Group Inc. (US)
Drone Delivery Canada Corp. (Canada)
Zipline (US)
DHL International GmbH (Germany)
United Parcel Service of America, Inc. (US)
FedEx (US)
Industry Developments:
August 2020: Amazon secured clearance from the Federal Aviation Administration (FAA) to deploy its Prime Air delivery drone fleet to efficiently and securely deliver packages to customers. Amazon is now the third company to receive FAA approval to operate drones on a commercial scale after UPS and the Alphabet-owned company, Wing.
May 2020: Wing, a subsidiary of Google’s parent company Alphabet, announced that it has made thousands of drone deliveries in Australia during the pandemic. Launched in Canberra in 2019, the demand for Wing’s services rose by 500% between February and April 2020.
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Semiconductor Market - Forecast (2022 - 2027)
Semiconductor market size is valued at $427.6 billion in 2020 and is expected to reach a value of $698.2 billion by 2026 at a CAGR of 5.9% during the forecast period 2021-2026. Increased investments in memory devices and Integrated circuit components are driving technological improvements in the semiconductor sector. The emergence of artificial intelligence, internet of things and machine learning technologies is expected to create a market for Insulators as this technology aid memory chip to process large data in less time. Moreover demand for faster and advanced memory chip in industrial application is expected to boost the semiconductor market size. Semiconductors technology continues to shrink in size and shapes, a single chip may hold more and more devices, indicating more capabilities per chip. As a result, a number of previously-used chips are now being combined into a single chip, resulting in highly-integrated solutions. Owing to such advancement in technology the Gallium arsenide market is expected to spur its semiconductor market share in the forecast period.
Report Coverage
The report: “Semiconductor Market Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Semiconductor market report.
By Components – Analog IC, Sensors, MPU, MCU, Memory Devices, Lighting Devices, Discrete Power Devices, Others
By Application – Networking & Communication, Healthcare, Automotive, Consumer electronic, Data processing, Industrial, Smart Grid, Gaming, Other components
By Type - Intrinsic Semiconductor, Extrinsic Semiconductor
By Process- Water Production, Wafer Fabrication, Doping, Masking, Etching, Thermal Oxidation
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Belgium, Russia and Others), APAC(China, Japan India, SK, Aus and Others), South America(Brazil, Argentina, and others), and RoW (Middle east and Africa)
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Key Takeaways
In component segment Memory device is expected to drive the overall market growth owing to on-going technological advancement such as virtual reality and cloud computing.
networking and communication is expected hold the large share owing to rise in demand for smart phone and smart devices around the world.
APAC region is estimated to account for the largest share in the global market during the forecast period due to rise of electronic equipment production and presence of large local component manufacturers.
Semiconductor Market Segment Analysis- By Component
Memory device is expected to drive the overall market growth at a CAGR of 6.1% owing to on-going technological advancement such as virtual reality and cloud computing. High average selling price of NAND flash chips and DRAM would contribute significantly to revenue generation. Over the constant evolution, logic devices utilised in special purpose application particular signal processors and application specific integrated circuits are expected to grow at the fastest rate.
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Semiconductor Market Segment Analysis - By Application
With increasing demand for smart phone and smart devices around the world networking and communication segment is expected hold the large share in the market at 16.5% in 2020. Moreover due to Impact of Covid 19, the necessity of working from home has risen and the use of devices such as laptops, routers and other have increased which is expected to boost the semiconductor market size. The process of Wafer Level Packaging (WLP), in which an IC is packaged to produce a component that is nearly the same size as the die, has increased the use of semiconductor ICs across consumer electronics components owing to developments in silicon wafer materials.
Semiconductor Market Segment Analysis – By Geography
APAC region is estimated to account for the largest semiconductor market share at 44.8% during the forecast period owing to rise of electronic equipment production. Due to the extensive on-going migration of various electrical equipment and the existence of local component manufacturers, China is recognised as the region's leading country. The market in North America is expected to grow at a rapid pace, owing to rising R&D spending.
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Semiconductor Market Drivers
Increase in Utilization of Consumer Electronics
Rise in technological advancement in consumer electronic devices have created a massive demand for integrated circuit chip, as these IC chip are used in most of the devices such as Smartphones, TV’s, refrigerator for advanced/ smart functioning. Moreover investment towards semiconductor industries by the leading consumer electronics companies such as Apple, Samsung and other is expected to boost the semiconductor market share by country. The adoption of cloud computing has pushed growth for server CPUs and storage which is ultimately expected to drive the semiconductor market. Wireless-internet are being adopted on a global scale and it require semiconductor equipment As a result, the semiconductor market research is fuelled by demand and income created by their production.
AI Application in Automotive
Semiconductor industry is expected to be driven by the huge and growing demand for powerful AI applications from automotive markets. Automakers are pushing forward with driverless vehicles, advanced driver assistance systems (ADAS), and graphics processing units (GPUs) which is estimated to boost the semiconductor market size. Furthermore, varied automobile products, such as navigation control, entertainment systems, and collision detection systems, utilise automotive semiconductor ICs with various capabilities. In the present time, automotive represents approximately 10 – 12 per cent of the chip market.
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Semiconductor Market- Challenges
Changing Functionality of Chipsets
The semiconductor market is being held back by the constantly changing functionality of semiconductor chips and the unique demands of end-users from various industries. The factors such as Power efficiency, unrealistic schedules, and cost-down considerations are hindering the semiconductor market analysis.
Semiconductor Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Semiconductors Market. The market of Electrical conductivity has been consolidated by the major players – Qualcomm, Samsung Electronics, Toshiba Corporation, Micron Technology, Intel Corporation, Texas Instruments, Kyocera Corporation, Taiwan Semiconductor Manufacturing, NXP Semiconductors, Fujitsu Semiconductor Ltd.
Acquisitions/Technology Launches
In July 2020 Qualcomm introduced QCS410 AND QCS610 system on chips, this is designed for premium camera technology, including powerful artificial intelligence and machine learning features.
In November 2019 Samsung announced it production of its 12GB and 24GB LPDDR4X uMCP chip, offering high quality memory and data transfer rate upto 4266 Mbps in smartphones
In September 2019 the new 5655 Series electronic Board-to-Board connectors from Kyocera Corporation are optimised for high-speed data transfer, with a 0.5mm pitch and a stacking height of under 4mm, making them among the world's smallest for this class of connector.
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Bioplastics Market Share, Size, Global Driving Factors by Manufacturers, Growth Opportunities
The global bioplastics market size was USD 10.64 Billion in 2021 and is expected to register a revenue CAGR of 16.8% over the forecast period, according to the latest analysis by Emergen Research. Increase in demand for bioplastics from the automotive industry and demand for compostable plastics to improve soil quality are factors expected to support revenue growth of the market between 2022 and 2030. The automotive industry's primary objective and challenge is to reduce fuel consumption and pollutants by reducing vehicle weight. Bioplastics are effective materials for achieving this purpose. These smart plastics, such as bio-PA and bio-PP, have been embraced by major vehicle manufacturers to reduce environmental impact and provide additional strength to automobile components. Thus, demand for these plastics in the automotive industry owing to their excellent properties is anticipated to create lucrative growth prospects for companies in the market.
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The global Bioplastics market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Bioplastics market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Bioplastics market.
Emergen Research has segmented the global Bioplastics market on the basis of type, platform, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Biodegradable
Polybutylene Adipate Terephthalate (PBAT)
Polybutylene Succinate (PBS)
Polylactic Acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
Packaging
Textile
Automotive & Transportation
Consumer Goods
Agriculture
Building & Construction
Others
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Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
How will this Report Benefit you?
An Emergen Research report of 250 pages contains 194 tables, 189 charts and graphics, and anyone who needs a comprehensive analysis of the global Bioplastics market, as well as commercial, in-depth analyses of the individual segments, will find the study useful. Our recent study allows you to assess the entire regional and global market for Bioplastics. In order to increase market share, obtain financial analysis of each segment and the whole market. Look at how you can utilize the current and potential revenue-generating opportunities available in this sector. We believe that there are significant prospects for energy storage technology in this industry due to the rapid expansion of the technology. In addition to helping you build growth strategies, improve competitor analysis, and increase business productivity, the research will also assist you in making better strategic decisions.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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What Questions Should You Ask before Buying a Market Research Report?
How is the Bioplastics market evolving?
What is driving and restraining the Bioplastics market?
How will each Bioplastics submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2027?
How will the market shares for each Bioplastics submarket develop from 2020 to 2027?
What will be the main driver for the overall market from 2020 to 2027?
Will leading Bioplastics markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2027 and which geographical region will lead the market in 2027?
Who are the leading players and what are their prospects over the forecast period?
What are the Bioplastics projects for these leading companies?
How will the industry evolve during the period between 2020 and 2027? What are the implications of Bioplastics projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Bioplastics market?
Where is the Bioplastics market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
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