Dallas, Texas, May 25, 2021 (GLOBE NEWSWIRE) -- The “Global Photorejuvenation Devices Market Size 2020, By Product (Intense Pulsed Light, Laser Equipment, LED Equipment) Modality (Standalone Photorejuvenation Devices, Portable/Handheld Photorejuvenation Devices) End-Use (Hospitals, Dermatology Clinics, Home Care Settings, Others) Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) and Forecast 2021 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.
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Adroit Market Research report on global Photo rejuvenation devices market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global photo rejuvenation devices market have been studied in detail.
The global photo rejuvenation devices market is projected to reach USD 3,522 million by 2028, growing at a CAGR of 6.8%. Rising number of skin ailments, promising regulatory sanctions for new products and flourishing hi-tech advancements in the evolving markets are some of the factors driving the growth of the global photorejuvenation devices market.
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Rigid plastic packaging only requires the use of plastic material, as the name suggests; it has a relatively inflexible form or shape. Over the past few years, the global demand for rigid plastic packaging has seen tremendous expansion, led by the various beneficial properties of rigid plastic packaging, such as light weight, flexibility and toughness. In comparison, reinforced plastic wrapping keeps the items stable for a long time. In addition, changing habits and increasing customer spending on branded products are factors attributable to the estimated growth of the global demand for rigid plastic packaging over the forecast era. There has been an increase in demand for recyclable goods due to increasing environmental issues, thereby paving the way for different recycling infrastructures for plastics, which in turn is driving the development of the rigid plastic packaging industry. In various sectors, such as food & drink, pharmaceuticals, and personal care, among others, rigid plastic packaging is used.
ALPLA-Werke Alwin Lehner GmbH & Co KG, Amcor Limited, DS Smith Plc, Berry Plastics Corporation, Klöckner Pentaplast, Plastipak Holdings, Inc., Reynolds Group Holdings, RPC Group Plc, Silgan Holdings, Inc. and Sonoco Products Company are among the key market players profiled in the rigid plastic packaging market report.
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Key strategies such as company growth and product creation have been implemented by the major players operating in the global rigid plastic packaging market to improve their market outreach and maintain stiff competition in the market.
For example, Amcor launched a new packaging innovation centre in Albany, Ohio, U.S., in September 2019. The Innovation Center is supported by technical designers and specialists to work on new product concepts related to rigid plastic products for home and personal care. Similarly, in August 2019, for the Age Salzburg craft beer brand in Brazil, Amcor created a new range of polyethylene terephthalate (PET) bottles. For the current recycling methods, the new bottle promises 4 months of shelf life and 100 percent recycling. The bottle has a glass-like appearance and has a crown of metal.
The report further analyses the various aspects of the multinational rigid plastic packaging industry in an analysis of the market supply chain. In addition, the research analysis uses many productivity elements for industry limitations, important sector dynamics and opportunities. The study further promotes a thorough industry evaluation of profiling firms and local and global vendor competitiveness.
There is a heavy competition between the already existing and new companies in the rigid plastic packaging industry. Furthermore, through the development of mergers and acquisitions, arrangements, sales of other firms and new startups, alliances and the advancement of corporate life, liner players explore potential avenues to compete with other players in the industry.
Increasing spending in services is projected to have a negative effect on demand in developing countries, including Germany and France. It is anticipated that the positive outlook for China and India's manufacturing sectors will play a crucial role in advancing demand growth for smart rigid plastic packaging, in view of regulatory support to draw domestic investment.
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Major Points from Table of Contents:
1. Introduction
2. Research Methodology
3. Market Outlook
4. Photorejuvenation devices Market by Product, 2018-2028 (USD Million)
5. Photorejuvenation devices Market by Modality, 2018-2028 (USD Million)
6. Photorejuvenation devices Market by End-use, 2018-2028 (USD Million)
7. Photorejuvenation devices Market by Region 2018-2028 (USD Million)
8. Competitive Landscape
9. Company Profiles
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Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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