The global   biopolymer packaging market   focuses on sustainable packaging materials made from biodegradable or bio-based polymers derived from renewable resources such as plants, animals, or microorganisms. Innovations such as synthetic biology and fermentation-based production methods, such as microbial fermentation for PHA, are enabling cost-effective and scalable manufacturing of biopolymers.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Below-Grade Waterproofing Membranes Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

The global biopolymer packaging market size was valued at USD 14.45 billion in 2024. It is projected to be worth USD 15.68 billion in 2025 and reach USD 29.97 billion by 2032, exhibiting a CAGR of 9.69% during the forecast period.

List of the Key Players in the Biopolymer Packaging Market:

• Amcor PLC (Australia)
• Sonoco Products Company (U.S.)
• Constantia Flexibles Group GmbH (Austria)
• Sealed Air Corporation (U.S.)
• Clondalkin Group Holdings BV (Netherlands)
• Albéa Group (France)
• Taghleef Industries (UAE)
• Toray Industries Inc. (Japan)
• Plantic Technologies (Australia)
• United Biopolymers (Portugal)

Segmentation:

Synthetic Biopolymers   Segment   Dominated, Driven by   Better Thermal Stability Strength

In terms of material, the market is classified into natural biopolymers, synthetic biopolymers, and others. Synthetic biopolymers, such as PLA, provide superior thermal stability, tensile strength, and barrier properties.

Bottles Segment Held a Dominant Share On Account of   Its Ability to Provide Prolonged   Sustainability

On the basis of product type, the market is fragmented into cups & trays, bottles, bags & pouches, films & wraps, boxes & cartons, and others. While biopolymer bottles cater to a wide range of industries, cups and trays are primarily used in foodservice. Biopolymer bottles, designed for reuse or recycling, provide greater long-term sustainability than disposable cups and trays.

Food & Beverage Segment Led due to   Growing Environmental Consciousness

In terms of end use, the market is fragmented into food & beverages, personal & cosmetics, chemicals, electrical & electronics, pharmaceuticals, and others. The food & beverage segment held the dominant biopolymer packaging market share in 2024. The food & beverage industry, the largest packaging consumer, drives the biopolymer demand, using PLA and PHA for trays, bottles, and cups. Rising environmental awareness is pushing consumers toward biodegradable and compostable packaging. 

Drivers and Restraints:

Growth in the Healthcare and Personal Care Industry   to Fuel Market Growth

The pharmaceutical industry is increasingly turning to biopolymer packaging for items such as blister packs, pill bottles, and medical device packaging, driven by the need to align with eco-friendly practices and regulatory expectations. Moreover, in the personal care industry, growing consumer demand for biodegradable and hygienic packaging in items such as cosmetic containers and hygiene wraps is pushing brands toward biopolymer solutions.

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The global   piezoelectric materials market   size was USD 1.45 billion in 2023 and is projected to grow from USD 1.52 billion in 2024 to USD 2.19 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period. The growing development of lead-free piezoelectric materials due to strict regulations will subsequently foster the healthy growth of the market, states Fortune Business Insights, in a report, titled “ Piezoelectric Materials Market, 2025-2032.”   The market size stood at USD 1.31 billion in 2020.

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Market Segments :

Based on material, the market is divided into piezoceramics, piezopolymers, piezo composites, and others. Piezoceramics are further bifurcated into lead zirconate titanate (PZT) and lead-free ceramics.

In terms of application, the market is classified into actuators, motors, transducers, sensors, SONAR, generators & transformers, acoustic devices, resonators, and others.

Based on the end-use industry, the market is separated into automotive, healthcare, IT & telecom, consumer goods, aerospace & defense, and others.

Geographically, the market is classified into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

What does the report Include?

The report incorporates an important understanding of the market, all-inclusive data about prominent players, distinguished facts and figures, latest developments, key drivers, and restraints, along with imperative information about dominant regions. Moreover, the report also provides a brief study on the COVID-19’s impact on the market.

Driving Factor:

High Aerospace & Defense Expenditure to Augment Growth

Various governments of emerging countries such as India, China, the U.S., Israel, and Japan are spending heavily on defense activities owing to growing security concerns. Countries are significantly investing in military devices such as missile guidance systems, drones, and radars to consolidate their armed capabilities, which, in turn, will spur opportunities for the market. Moreover, the growing space exploration activities have resulted in the high utilization of devices such as sensors, acoustic devices, and SONARs for research on space objects and related environments. Piezoelectric materials play an important role in these devices because of their ability to detect the slightest of change in their range, sustain in harsh conditions, and provide accurate & consistent results. In addition, the surging space exploration activities by private space agencies such as SpaceX can have a tremendous impact on the piezoelectric materials market growth in the forthcoming years.

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Regional Insights:

Surging Production Capacities to Aid Expansion in Asia Pacific

The market size in Asia Pacific accounted for USD 0.89 billion in 2020 and is expected to hold the largest piezoelectric materials market share during the forecast period owing to the well-established manufacturing hub for electronics and consumer goods in China, Japan, Taiwan, India, and South Korea. Moreover, the increasing production capacities of key companies will enable expansion in the region. North America is expected to rise excellently during the forecast period due to the region's extensive space exploration programs. Europe is expected to hold a significant share owing to the booming automotive industry in the region.

Competitive Landscape :

This industry's competitive landscape portrays a very concentrated market, with a few numbers of businesses controlling the bulk of market share. To gain market share, key industry players are investing significant resources in the research and development of innovative materials and their applications.

Key Development :

June 2019:   L3 Technologies, Inc. and Harris Corporation signed a merger for L3Harris Technologies, Inc. This collaboration will establish the newly founded company as an agile aerospace & defense technology innovator and deliver value-laden services to its customers.

The Report Lists the Main Companies in the   Market:

• L3Harris Technologies, Inc. (U.S.)
• CeramTec (Germany)
• Arkema (France)
• Solvay (Belgium)
• Mad City Labs, Inc. (U.S.)
• Piezosystem jena GmbH (Germany)
• Sparkler Ceramics (India)
• Piezomechanik GmbH (Germany)
• TDK Corporation (Japan)
• Murata Manufacturing Co., Ltd. (Japan)
• Kinetic Ceramics (U.S.)
• Hong Kong Piezo Co. Ltd. (China)

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The global   activated carbon market   size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, exhibiting a CAGR of 8.7% during the forecast period. Activated carbon, also referred to as activated charcoal, is widely recognized for its superior adsorption capabilities. It serves as a key material across various applications, including air purification, water treatment, and numerous industrial processes. The market has witnessed robust growth driven by rising environmental concerns and the implementation of stringent regulatory standards. Heightened awareness about pollution control has prompted manufacturers to invest in advanced technologies and innovative applications of activated carbon. Its use is expanding particularly in water treatment processes, encompassing drinking water, groundwater, service water, and wastewater purification.

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Segmentation Analysis:

Which type of activated carbon holds the highest market share?
The   granular activated carbon (GAC)   segment holds the highest share of the market. Its dominance is mainly due to strong demand from   air treatment and water purification systems, driven by its   reusability   and   effective contaminant removal   properties.

Why is granular activated carbon preferred over the powdered form?
Granular activated carbon has a   larger particle size   than powdered activated carbon, making it more suitable for   removing contaminants from liquids, air, and gases. This form is especially useful in   continuous filtration systems   and offers the benefit of   easy regeneration and reusability, contributing to its growing market demand.

What are the key applications of granular activated carbon (GAC)?
GAC is widely used in the   food & beverage industry   to remove impurities, odor, and color from products such as   sweeteners, syrups, beverages, amino acids, and organic acids. It is also employed in   wastewater treatment   to eliminate   oil, industrial pollutants, heavy metals, and pesticides.

Which application segment dominates the activated carbon market?
The water treatment segment held the largest share of the activated carbon market in 2024 and is expected to remain dominant throughout the forecast period.

What factors drive the demand for activated carbon in water treatment?
Rising global demand for clean and safe drinking water and the enforcement of strict environmental regulations are key drivers. Activated carbon is widely used in water treatment due to its high porosity and large surface area, which enable it to effectively adsorb organic compounds, odor, taste compounds, toxic substances, and oils.

Market Dynamics:

Drivers

• Rising Demand for Water Purification:   Growing global concerns over clean and safe drinking water, coupled with stricter discharge standards, have boosted the adoption of activated carbon in municipal and industrial water treatment.
• Increasing Air Pollution and Emission Control:   Industrialization and stringent regulations for mercury, VOCs, and flue gas emissions are driving product demand in air purification applications.
• Technological Advancements:   Improved activation techniques and development of specialized pore structures enhance adsorption efficiency, supporting broader industrial applications.

Trends

• Growing Focus on Reactivation and Recycling:   Reactivation of spent activated carbon reduces waste and raw material costs, aligning with global sustainability goals.
• Customized Product Development:   Manufacturers are introducing application-specific carbons with tailored pore size distribution to remove targeted pollutants.
• Shift Toward Renewable Raw Materials:   Rising use of coconut shell and biomass-based carbons to reduce carbon footprint.

Restraints

• High Production Costs:   Energy-intensive activation processes and fluctuating feedstock availability can limit supply and increase costs.
• Competition from Alternative Adsorbents:   Substitutes such as zeolites and synthetic resins may restrain demand in specific applications.

List of Key Companies Profiled:

• Osaka Gas Chemicals Co., Ltd. (Japan)
• Donau Carbon GmbH (Germany)
• Cabot Corporation (U.S.)
• PURAGEN ACTIVATED CARBONS (U.S.)
• CARBOTECH AC GMBH (Germany)
• Kuraray Co., Ltd. (Japan)
• KUREHA CORPORATION (Japan)
• Activated Carbon Technologies (Australia)
• Silcarbon Aktivkohle GmbH (Germany)
• Ingevity (U.S.)
• Iluka Resources (Australia)
• James Cumming & Sons (Australia)

Key Industry Development:

• May 2024 –  Kuraray Co., Ltd. along with its U.S. subsidiary Calgon Carbon Corporation is set to acquire Sprint Environmental Services, LLC’s industrial reactivated carbon business.
• March 2023 –  Cabot Corporation launched the EVOLVE technology program that is involved in advancing sustainable reinforcing carbons. The purpose of the new technology launch was to recover the carbon product from the end-life tiers to renew the waste and reduce the carbon content.

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The global   nylon market   size was valued at USD 31.09 billion in 2023 and is projected to grow from USD 32.64 billion in 2024 to USD 48.86 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period. This is attributable to the increasing focus on developing innovative products and the growing demand for nylon 66 in the packaging industry across the globe. Fortune Business Insights™, in its latest report, titled,  “Nylon Market Size, Share & COVID-19 Impact Analysis, By Type (Nylon 6 {resin & fiber} Nylon 6,6 {resin & fiber}), By Application (Automotive, Electrical & Electronics, Appliances, Film & Coating, Wire & Cable, Consumer, Industrial & Machinery and others), and Regional Forecast, 2025-2032,” .

Nylon is a type of polymer that is produced by the reaction between carbon-based chemicals that are usually found in petroleum and coal under high pressure. It is widely adopted to manufacture plastic machine parts and electronics owing to its high tensile strength, non-conductivity, heat resistance, and low-cost properties. Additionally, it is used for manufacturing bolts, screws, nuts, and washers in the automotive industry across the globe.

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Segmentation Analysis:

By Type Analysis:  By type, the market is segregated into Nylon 6 (resin, fiber) and Nylon 6,6 (resin, fiber). Nylon 6 fibers dominate the global market due to their strong adoption in the textile industry. Due to its high mechanical strength, toughness, and wear resistance, it is used to manufacture webbing products such as dog leashes, safety belts, luggage straps, sports goods, and others.

By Application Analysis:  By application, the market is categorized into automotive, electrical & electronics, appliances, film & coatings, wire & cables, consumer, industrial & machinery, and others. The automotive segment accounted for the largest nylon market share in 2023. Due to the high usability of the resin and fiber in automobiles in the form of tire cord, airbags, and injection molded components, results in high revenue generation from the automotive segment. The demand for plastics to optimize fuel efficiency and reduce vehicle weight is continuously increasing in the automotive industry. With the increasing sales of electric vehicles and the establishment of proper electric vehicle infrastructure, engineering plastics are expected to play a major role.

List of the Companies Profiled in the Market:

• DuPont (U.S.)
• BASF SE (Germany)
• Lanxess AG (Germany)
• Nylon Corporation of America, Inc. (NYCOA) (U.S.)
• Shenma Industrial (China)
• Ascend (Thailand)
• Domo Chemicals (Belgium)
• Radici Partecipazioni SpA (Italy)
• Invista (U.S.)
• DSM (The Netherlands)
• Formosa Group (Taiwan)
• SINOPEC (China)
• Ube Industries (Japan)
• LIBOLON (Japan)
• ZIG SHENG INDUSTRIAL CO., LTD. (Taiwan)
• Other

DRIVING FACTORS:

Increasing Adoption of Product from the Packaging Industry to Favor Growth

Polymeric products such as nylon 66 have excellent properties such as high elasticity that are extensively adopted across several industries. For instance, they are adopted as films and coatings in the packaging industry owing to their high tensile strength and toughness. The industrial applications include packaging of food and fluids such as oils, grease, and acidic food and they are in great demand across other industrial applications. Additionally, the increasing focus on developing advanced nylon products to cater to the increasing consumer demand is expected to bode well for the growth of the global nylon market in the forthcoming years.

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REGIONAL INSIGHTS:

Increasing Demand for Films & Coating in Asia-Pacific to Aid Growth

Among all the regions, the market in Asia-Pacific stood at USD 13.92 billion in 2019 and is expected to hold the highest position in the global market during the forecast period. This is attributable to the increasing demand for films and coating from the packaging industry in countries such as India and China in the region.

North America is anticipated to experience significant growth owing to the growing automotive industry and the increasing production of nylon 66 polymers by the manufacturers between 2020 and 2027.

COMPETITVE LANDSCAPE:

Major Companies Focus on Product Expansion Facilities to Strengthen Their Market Positions

The global nylon market is fragmented by the presence of several major companies that are focusing on consolidating their positions by expanding their production facilities and cater to the increasing demand for the product across several industrial applications. The other key players are adopting strategies such as merger and acquisition, partnership, and collaboration to maintain their presence in the highly competitive global marketplace.

Industry Development:

• April 2023:  Microwave Chemical and Asahi Kasei together launched a demonstration project for the commercialization of the chemical recycling process for Nylon 66 using microwave technology.
• April 2023:  Tire and nylon manufacturing company Kordsa announced to invest USD 50 million for the expansion of its nylon production at its Chattanooga plant. The move is anticipated to enable the company to meet the rising demand from the automotive industry.

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The global   iron powder market   size was USD 1.78 billion in 2024. The market is projected to grow from USD 1.64 billion in 2025 to USD 2.42 billion by 2032 at a CAGR of 5.7% during the period 2025-2032. This information is published by Fortune Business Insights in its latest report titled,   “Iron Powder Market, 2025-2032.”   The growing demand for automobiles and rising disposable incomes are key factors propelling the market growth. Expanding automobile production in countries such as China, Japan, and India is expected to further drive the need for components manufactured using iron powder. Additionally, the increasing adoption of additive manufacturing technologies in the automotive sector is anticipated to boost market expansion. The potential use of powdered iron as an alternative fuel source is also expected to positively influence the market outlook. Major players operating in the market include Rio Tinto, Höganäs AB, and JFE Steel Corporation. However, the market growth may be restrained by the rising prevalence of chronic illnesses associated with excessive consumption of iron-rich supplements.

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Market Segmentation:

By Type:
The atomized segment is projected to hold the largest share of the global iron powder market in terms of revenue during the forecast period. Atomized iron powder, produced by melting iron and converting it into fine particles through atomization, is highly valued for its purity, uniformity, and superior performance characteristics. It finds extensive application in additive manufacturing (3D printing), metal injection molding, and welding processes. The growing adoption of 3D printing technologies and the increasing demand for advanced materials in industries such as aerospace, healthcare, and electronics are key factors driving the demand for atomized iron powder.

By End-Use Industry:
The automotive segment is expected to dominate the market throughout the forecast period. The automotive industry represents one of the largest consumers of iron powder, primarily for manufacturing Powder Metallurgy (PM) components. The segment’s growth is driven by the rising need for lightweight, durable, and cost-efficient materials that enhance fuel efficiency and reduce emissions. Moreover, the accelerating transition toward Electric Vehicles (EVs) is boosting the demand for iron powder in the production of Soft Magnetic Composites (SMCs), which are essential for electric motors and other EV components. Major regions contributing to this demand include Asia Pacific, Europe, and North America, owing to their strong automotive manufacturing presence.

List of the Companies Operating in the Global Market:

• JFE Steel Corporation (Japan)
• Höganäs AB (Sweden)
• Reade International Corporation (U.S.)
• Industrial Metal Powders (India) Pvt. Ltd. (India)
• American Elements (U.S.)
• ATI (U.S.)
• Ashland (U.S.)
• BASF (Germany)
• CNPC Powder (China)
• Rio Tinto Metal Powders (U.K.)
• Other Players

DRIVING FACTORS:

Increasing Demand for Clean Fuel Energy Source to Promote Growth

Finely grounded powder during burning emits high temperature and energy as it goes through an oxidation process with zero carbon emission. The iron oxide obtained as a residual product through this process is recycled and the powdered iron serves as an energy storage medium. Owing to their several benefits such as low emission level, cost-effective, and sustainability, powdered iron is gaining traction as a clean fuel energy source across the globe. This is expected to boost the global iron powder market growth during the forecast period.

Further Report Findings:

• Asia-Pacific is expected to hold the highest position in the market during the forecast period. This is ascribable to factors such as China being the manufacturing hub of electronics products is expected to boost the product’s adoption in the region. Asia-Pacific stood at USD 1,921.8 million in 2020.
• The market in Europe is expected to experience considerable growth backed by the increasing focus of the OEM manufacturers to develop iron powder products and components to reduce the overall weight of the vehicle.
• The Middle East and Africa is expected to showcase considerable growth during the forecast period. This is attributable to the growing demand for the product from several industrial applications such as surface coating, chemical reagents, and oxygen absorbers.
• Based on type, the electrolytic segment held a global iron powder market share of about 23.0% in 2020 and is likely to experience exponential growth due to the high demand for electrolytic powdered iron as a reagent and catalyst in the synthesis process of diamonds.

COMPETITIVE LANDSCAPE:

Facility Expansion by Major Companies to Intensify Industry Competition

The global market for iron powder comprises small, medium, and large companies striving to maintain a stronghold by focusing on expanding their facilities to develop powdered metal materials to cater to the growing demand from industries such as automotive, healthcare, and others. Moreover, the adoption of strategies such as collaboration, the introduction of new products, and merger and acquisition by other key players is expected to boost the growth of the market between 2021 and 2028.

Industrial Development:

• March 2025:   Höganäs AB partnered with Porite TAIWAN Co., Ltd. to supply its new zero sponge iron powder, replacing standard sponge powders and reducing carbon emissions in Porite’s production processes.
• January 2024:   JFE Steel Corporation, along with JFE Techno-Research and Armis Corporation, developed an axial-gap motor using insulation-coated pure-iron powder Denjiro, offering the same power as larger radial-gap motors while being 48% thinner and 40% lighter.

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The global   rare earth elements market   size was USD 3.39 billion in 2023 and is projected to grow from USD 3.74 billion in 2024 to USD 8.14 billion by 2032, exhibiting a CAGR of 10.2% during the forecast period. The growing demand for consumer electronics such as smartphones, laptops, and tablets is a key factor driving the consumption of rare earth elements. In developing economies, market growth is expected to accelerate due to rapid industrialization, expanding construction activities, and government-led digitization initiatives. Additionally, the rising adoption of electric vehicles (EVs) in countries such as Germany, the U.S., and the U.K. is anticipated to further boost the consumption of rare earth minerals. Strict regulations on carbon emissions and growing environmental concerns have also encouraged the development of renewable energy sources, thereby increasing the use of these elements. However, factors such as the high cost of rare earth minerals and the strong market dominance of China-based manufacturers are likely to restrain market growth.

Fortune Business Insights™   provides this information in its research report, titled   “Rare Earth Elements Market , 2025-2032”.

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Segmentation Analysis:

By Type Analysis:

Based on type, the market is categorized into lanthanum, cerium, neodymium, praseodymium, samarium, europium, and others. The neodymium segment dominated the market in 2023, driven by its extensive use in electric and hybrid vehicles. Neodymium-based permanent magnets are key components in EV batteries and motors, supporting the segment’s strong growth. The cerium segment is expected to expand steadily, fueled by rising demand from the automotive sector. Cerium is widely utilized in catalytic converters and exhaust systems to reduce harmful emissions, thereby enhancing vehicle performance and environmental compliance.

By Application Analysis:

Based on application, the market is segmented into magnets, metallurgy, batteries, polishing, glass and ceramics, catalysts, phosphors, and others. The magnets segment accounted for the largest share of the rare earth elements market in 2023. This dominance is attributed to high demand from manufacturers of servo motors, hard drives, sensors, speakers, and other electronic devices. The batteries segment is projected to register the fastest CAGR over the forecast period, propelled by increasing adoption of electric and hybrid vehicles and advancements in energy storage technologies. The shift toward low-emission mobility solutions continues to drive the demand for rare earth-based battery materials.

Drivers & Restraints:

Drivers:

• Rising Demand for Neodymium Magnets in EV Production:  The increasing adoption of electric and hybrid vehicles is fueling the demand for neodymium-based permanent magnets, which are essential for EV motors and batteries. This surge in EV manufacturing is a key factor propelling market growth.
• Expanding Use in Automotive Catalytic Converters:  The rising demand for cerium, driven by its application in automotive exhaust systems and catalytic converters to reduce emissions, is supporting market expansion.
• Growing Applications Across Electronics and Energy Storage:  The rising usage of rare earth magnets in consumer electronics such as smartphones, sensors, and audio devices, coupled with the growing demand for rare earth-based batteries in energy storage systems, further contributes to market growth.

Restraints:

• Supply Chain Instability and Price Fluctuations:  Dependence on limited mining regions and fluctuating prices of rare earth elements may hinder market stability and profitability.
• Environmental Concerns Related to Mining:  The extraction and processing of rare earth elements pose environmental challenges, such as radioactive waste and water contamination, which may limit production activities and regulatory approvals.

Regional Insights:

Surging Industrialization and Construction Activities to Favor Growth in Asia Pacific

Geographically, Asia Pacific earned USD 2,220.8 million in 2020 in terms of revenue and is likely to retain its leading position in the near future. This growth is attributable to the surging building & construction activities in China. The country is considered to be a major growth contributor on account of the rapid industrialization and the presence of numerous consumer electronics manufacturers. On the other hand, North America is anticipated to grow considerably backed by the increasing production of EVs in the U.S., which, in turn, would accelerate the demand for these earth elements.

Key Industry Development:

May 2023-   Silgan Dispensing expanded its Melodie fragrance pump production to China, focusing on providing major fragrance brand owners in the Asia-Pacific region with a local footprint and enhanced service.

A list of renowned rare earth elements providers operating in the global market:

• Baotou Rare Earth (China)
• China Minmetal Rare Earth (China)
• Avalon Advanced Materials (Canada)
• IREL (India)
• Metall Rare Earth Limited (China)
• Arafura Resources (Australia)
• Canada Rare Earth Corporation (Canada)
• Lynas Corporation (Australia)
• Northern Minerals (Australia)
• Greenland Minerals Limited (Australia)
• Other Players

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The global   water purifier market   size was valued at USD 35.01 billion in 2024. The market is projected to grow from USD 37.67 billion in 2025 to USD 62.88 billion by 2032, exhibiting a CAGR of 7.6% during the forecast period.  Fortune Business Insights™   has delved into these insights in its latest research report, titled, “ Water Purifier Market ,   2025-2032 .”

According to the analysis, commercial and residential sectors are likely to be the major recipients of water purification technology. Industry players expect RO and UV filters to be sought-after across end-use applications. For instance, in September 2021, A.O. Smith rolled out an under-the-counter water treatment unit with UV plus silver activated post-carbon technology in India.

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Segmentation Analysis:

By Product Type Analysis

The point-of-use filters segment is further divided into countertop filters, under the counter filters, pitcher filters, faucet-mounted filters, and others. Among the two major segments, the point-of-use filters segment held the largest share of the market in 2024. Point-of-use filters are compressed systems and requires less space. The lower volume capacity of these filters makes them suitable for lighter applications. Among point-of-use water filters, countertop filters are major contributors to the revenue of the segment.

By Category Analysis

The RO filters segment held the largest revenue share of the market in 2024. RO water filters remove 99% of the contaminants and are specially used to produce bottled quality water. These filters are witnessing high demand to treat hard water owing to their excellent barrier against harmful minerals. Sometimes, RO filters restrict essential minerals, such as iron, calcium, and magnesium, which can alter the taste of the water.

Drivers and Restraints:

Smart Purification Trend to Propel Industry Growth

Well-established players are well poised to invest in smart purifiers through the integration of advanced technologies. Water purifier market share will gain traction from the demand for purifiers that can monitor usage and send alerts or notifications at the end of their maintenance cycle. The strong demand from emerging economies will encourage water purifier suppliers to invest in Asia Pacific and Latin America. With the demand to reduce weight and boost the immune system soaring, industry players will continue to invest in technological advancements.

However, the high maintenance cost of filters may challenge leading companies to expand their penetration in the ensuing period.

Regional Insights:

Heightened Awareness about Waterborne Diseases to Encourage Investment in Asia Pacific

With emerging economies witnessing a surge in waterborne disease, Asia Pacific is likely to provide lucrative growth opportunities. Stakeholders anticipate India and China to witness investments galore in water purification technology. The Asia Pacific market size stood at USD 10.88 billion in 2021 and will witness an upward trajectory with the growing penetration of residential and light commercial applications.

The Europe water purifier market growth will gain traction during the forecast period due to the presence of leading companies across Germany, the U.K., Italy, and France. An uptick in the use of tap water will further expedite the need for water purification systems.

Industry players expect the U.S. and Canada to witness profound investments in point-of-use filters for lighter applications. North America market outlook will be strong in the wake of the rising penetration of point-of-entry filters across residential and commercial applications. Water purification technologies, such as RO filters, will continue to receive an uptick across the region over the next few years.

List of key Companies Profiled:

• A. O. Smith Corporation (U.S.)
• Brita LP (U.S.)
• Pentair PLC (U.S.)
• Culligan International Company (U.S.)
• Unilever PLC (U.K.)
• Panasonic Corporation (Japan)
• LG Electronics (South Korea)
• Helen of Troy Limited (U.S.)
• Best Water Technology Group (Austria)
• Kent RO Systems Ltd. (India)
• iSpring Water Systems LLC (U.S.)
• The 3M Company (U.S.)
• Honeywell International Inc. (Switzerland)
• General Electric Company (U.S.)

Key Industry Development:

• November 2022 -  Culligan International merged with Waterlogic Group Holding to create ‘Culligan’, a leader in clean and sustainable drinking water solutions.
• August 2022:  LG Electronics launched its latest water purifier system, the PuriCare Self-Service Tankless Water Purifier, in the Malaysian market. The newly launched system comes with user-replaceable filters.

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The global   perfume packaging market   size was valued at USD 3.51 billion in 2024. The market is projected to be worth USD 3.72 billion in 2025 and reach USD 5.95 billion by 2032, exhibiting a CAGR of 6.93% during the forecast period. Perfume packaging safeguards and enhances fragrance’s appeal to the consumers. The allure of eco-friendly perfume caps, especially among millennials and Gen Z, is a significant factor propelling market growth as consumers prioritize sustainable packaging solutions.

The significant drop in perfume and deodorant sales amid the COVID-19 pandemic acted as a key impediment to the growth of the global market.

Fortune Business Insights™   provides this information in its research report, titled   “ Perfume Packaging   Market, 2025-2032”.

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Segmentation Analysis:

Which material segment dominates the perfume packaging market, and why?
The   glass segment   leads the perfume packaging market. Its dominance stems from   exceptional sealing performance, which helps minimize perfume volatilization and preserves fragrance quality. Additionally, glass’s   premium appearance and recyclability   further strengthen its position in the market.

Why does the less than 100 ml segment hold a major share in the market?
The   less than 100 ml   segment dominates due to its   trial-friendly size, appealing to consumers who prefer experimenting with multiple fragrances before making a larger purchase. Its   travel convenience   and affordability also contribute to its widespread adoption.

Which packaging type is most popular in the perfume packaging market?
Bottles   hold the largest share in the market. Their   eco-friendly appeal, especially when made from glass, makes them a preferred choice. These bottles are   reusable, recyclable, and align with the industry’s growing sustainability focus.

How is the perfume packaging market segmented regionally?
Regionally, the market is divided into   Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. Each region exhibits distinct growth drivers and market dynamics based on consumer preferences and manufacturing capabilities.

Report Coverage:

What aspects does the perfume packaging market report cover?
The report offers   comprehensive market intelligence, emphasizing   top players, competitive dynamics, and product segmentation. It includes   Porter’s five forces analysis   and examines recent trends and factors contributing to market expansion-providing valuable insights for stakeholders and decision-makers.

Drivers and Restraints:

What factors are driving the growth of the perfume packaging market?
The market is driven by the   rising demand for premium and luxurious packaging solutions   that enhance product presentation and brand value. Additionally, the   growing adoption of metallic effects   in fragrance packaging—achieved through materials such as   metallized polypropylene films-supports the trend toward   upscale and innovative designs.

What are the key challenges restraining market growth?
The market faces challenges from the   high initial and transportation costs   associated with glass packaging, especially when compared to lightweight plastic alternatives. These cost-related factors act as   significant barriers   to broader adoption.

Regional Insights:

Which region dominates the global perfume packaging market?
Europe   dominates the global market, driven by its   strong manufacturing base   and the presence of key players such as   Stölzle Glass Group, VERESCENCE, and ZIGNAGO VETRO. The region’s commitment to   innovation and quality production   reinforces its leadership.

Which region is expected to witness rapid growth in the coming years?
The   Asia Pacific   region is projected to grow rapidly due to the   expanding e-commerce industry   and the   rising popularity of online perfume shopping. The region’s growing middle-class population and preference for luxury products are further propelling demand.

List of Key Companies Profiled:

• AptarGroup, Inc. (U.S.)
• Berry Global (U.K.)
• Stölzle Glass Group (Austria)
• Gerresheimer AG (Germany)
• VERESCENCE (France)
• Albea S.A (France)
• ZIGNAGO VETRO (Italy)
• Trivium Packaging (U.S.)
• Silgan Holdings, Inc. (U.S.)
• Premi Industries (Italy)

Key Industry Development:

• September 2023   –  Aptar Beauty announced the launch of an innovative range of overcap-free aerosol actuators. The new range consists of three actuators- Ringo, Tina, and Nora. Tina is an innovative spray actuator launched by the company for hair sprays, deodorants, body sprays, and sun sprays.
• September 2023   –  Coverpla offered its Koesio Parfums brand with new and innovative refillable versions of perfume bottles. Three 50ml glass bottles from Coverpla’s catalogue, such as Vertigo, Ulysse, and Venus, were developed by the glassmaker Bormioli Luigi, with a range of collar types.

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About Us:

Fortune Business Insights™   delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

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Phone:

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UK: +448085020280

APAC: +91 744 740 1245
Email:  sales@fortunebusinessinsights.com