Pod Vapes Market: Increased Demand Expected to Soar Revenue during Forecast Period 2018 - 2027

Pod vapes are portable vaping systems consisting of cartridges or pods instead of the traditional atomizer or tank which contains e-liquid or vape juices rich in nicotine. The vape juices vaporize on heating and produce a sensation of smoking because of which pod vapes are popular among smokers.

The report on pod vapes market provides valuable and in-depth insights into the pod vapes market. Further, the report on pod vapes market highlights the key factors that impact the performance of the pod vapes market. Additionally, all the macro and microeconomic factors influencing the performance of the pod vapes market have also been propounded in the report.

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A list of all the key market drivers bolstering the pod vapes market growth has been presented in the report. Additionally, a region-wise and segment-wise analysis of the pod vapes market has been provided. The report also offers a competitive landscape assessment of the pod vapes market.

Demand Remains Robust Among Teenagers

Pod vapes have gained widespread popularity among high school and college students. According to a recent report by the National Institutes of Health, the number of 12^th graders using pod vapes increased by more than 37% in 2018. Aggressive marketing through social media platforms and the introduction of various flavors including orange, mint, coffee, Bavarian cream, and cotton candy, have been driving the popularity of pod vapes in the recent past. On the other hand, consumers looking to quit smoking are switching to pod vapes for their nicotine intake. According to recent studies, pod vapes are relatively less harmful than normal cigarettes and have a lower concentration of toxic chemicals that can lead to the development of cancer and other health conditions. Pod vapes combined with other therapies are being marketed as an effective solution to help people quit smoking.

Nicotine Salts to Augur Well for Pod Vapes Sales

Nicotine salts are gradually gaining traction in the pod vapes market with manufacturers preferring the use of these salts over e-liquids. Increasing the concentration of nicotine in normal vape juices are associated with throat infections and diseases. Nicotine salts have emerged as a comparably safer alternative for providing higher levels of nicotine concentration while easing the sensation on the throat. Additionally, combining nicotine salts with benzoic acid is allowing manufacturers to reduce the size of pod vapes comprehensively, as these facilitate reducing pH levels and the temperature required for its vaporization. The combination also allows for the efficient absorption of nicotine in blood inducing a sensation equivalent to smoking a cigarette. Manufacturers are leveraging the benefits associated with nicotine salts to launch affordable pod vapes, marketing them as a healthy alternative for smokers.

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Pod Vapes Sales Surge as Legalization of Marijuana and CBD Gains Momentum

Pod vapes sales are expected to significantly benefit from marijuana and CBD legalization that has been gaining increased palpability. Numerous researches have suggested that marijuana and CBD hold potential in relieving pain, reducing depression and anxiety, alleviating symptoms related to cancer, managing & treating neurological diseases, and improving cardiovascular health. Growing consumer awareness about the health benefits associated with CBD and marijuana is causing an increase in the demand for legalization of these substances around the world. While Canada became the second country in history to legalize recreational use of cannabis, a growing number of states in the USA are decriminalizing the use of medical marijuana. Further, the United States Government legalized the production of CBD from hemp farming in 2018. This is likely to pave gateways to lucrative opportunities for pod vapes manufacturers, who are already marketing products such as CBD oil, e-juices and THC vape juices in the US and Canada.

Sales Confined by Concerns Surrounding Nicotine Addiction

Multiple health conditions have been linked with pod vapes, such as respiratory diseases, increased risk of cancer, and frequent manifestation of asthma attacks. Moreover, recent studies allude increasing susceptibility of addiction to other drugs trailing nicotine addiction, which has raised concerns regarding health impacts of pod vapes. Regulatory authorities worldwide are imposing stringent regulations on pod vapes. The American Food and Drug Administration recently considered banning pod vapes and other e-cigarettes to curb their use among teenagers.

Competitive Landscape

Some of the leading players profiled in the report include Japan Tobacco Inc. and Shenzhen iSmoka Electronics Co Ltd. Other companies operating in the pod vapes market are Shenzhen Joye Technology Co Ltd., Shenzhen Kanger Technology Co Ltd., and Shenzhen IVPS Technology Co. Ltd.

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Heavy Duty Bags & Sacks Market to Deliver Prominent Growth & Opportunities during 2018-2028

Heavy duty bags & sacks have been gaining high demand in the past few years for their ability to sustain more weight compared to conventional bags. The global heavy duty bags & sacks market is estimated to register a 4% value CAGR over the assessment period of 2018-2028.

Steady growth of the global heavy duty bags & sacks can be attributed to the advantages of these bags including low thickness, high strength, excellent durability as well as reusability. With an ability to uphold greater volume of materials, preference for heavy duty bags & sacks is increasing across a number of end-use industries such as agriculture, chemicals & fertilizers, food & beverages, and others. These key factors are expected to be highly impactful on the expansion of heavy duty bags & sacks market.

Moreover, these bags are highly customizable and can be manufactured according to consumer requirements. Such flexibility increases the demand for heavy duty bags & sacks as the most effective packaging solution in several industrial sectors.

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Plastic to Remain Dominant Material in the Global Heavy Duty Bags & Sacks Market

Based on material type, plastic is expected to maintain its superiority in the global heavy bags & sacks market, accounting for around 55% of value share, over the period between 2018 and 2028.

Plastic-based heavy duty bags & sacks are not only waterproof but also highly reliable for agricultural packaging, which in turn is predicted to act as catalysts to accelerate the growth of global heavy duty bags & sacks market.

However, stringent regulations against the use of plastic by government organizations in several countries may create hindrance in the demand for plastic as a material of choice in heavy duty bags & sacks market.

On the basis of capacity type, 20-40 kg heavy duty bags & sacks are projected to witness the maximum demand over the forecast period, backed by their ease of storage and transportation. With growing demand for bags under this capacity in automotive, construction, and other industries, the global heavy duty bags & sacks market is expected to gain high traction in the coming years.

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Rising Demand for Paper-based Heavy Duty Bags & Sacks amid Stringent Regulations against Plastic Use

Apart from plastic, paper is highly sought out material for manufacturing heavy duty bags & sacks. Paper-based heavy duty bags & sacks are preferred among various consumers for their high durability, low cost, degradability, and environment-friendliness. Increasing stringent government regulations worldwide against the use of plastic-based products is likely to push the demand for paper bags, influencing growth in the global heavy duty bags & sacks market. However, low compatibility of paper-based bags with changes in the environmental conditions may remain a challenge for using this material in the production of heavy duty bags & sacks.

Jute was also deemed to be one of the most potential materials for heavy duty bags & sacks. However, various demerits of jute along with many advances in other materials may confine the significance of jute in the growth of heavy duty bags & sacks market.

Usage of Recycled Material to Generate Opportunities for Key Players in Heavy Duty Bags & Sacks Market

With several countries imposing ban on the use of plastic-based products, a focus on increasing the use of recycled materials remain a key growth strategies of manufacturers of heavy duty bags & sacks.

Some of leading players participating in the global heavy duty bags & sacks market are Mondi Group, Novolex, Nihon Matai Co., Ltd, Seevent Plastics Ltd., Wooderson Packaging Ltd, Segezha Group LLC, LC Packaging International B.V., Berry Global, Inc., MegaSack Corporation, Global-Pak Inc., Al-Tawfiq Company, Muscat Polymers Pvt. Ltd, ProAmpac LLC, Sonoco Products Company, Amcor, Bemis Company, Inc., TMR Woven Bags and Sacks, and Wenzhou SMOO Bags.

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Disposable Cutlery Market Assessment, Development & Opportunity Till 2028

The disposable cutlery market is anticipated to continue its growth on account of the growing on-the-go consumers, coupled with the burgeoning consumer awareness about the consequential health impact associated with plastic usage. In terms of revenue, Fact.MR study on global disposable cutlery market envisaged that disposable cutlery market will accelerate at 4.7% CAGR during the study period (2018-2028), on the back of the myriad factors provided in the disposable cutlery market report.

Fact.MR report on disposable cutlery market opines that disposable cutlery is likely to witness wide sales owing to the paradigm transition in consumer preference for low cost, grab-and-go, and easy-to-carry food packaging options. Further, the disposable cutlery market report perceives that it isn’t feasible for brand owners and manufacturers to offer completely biodegradable plastic-based disposable cutlery. Additionally, the disposable cutlery market will also witness traction on the back of disposable cutlery’s functional attributes, including lightweight, cost-effectiveness, and convenient features, which are expected to create opportunities for manufacturers to tap.

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End-User Preference for Lightweight Green Alternatives Growing

The evolving end-user preference for lightweight and eco-friendly disposable commodities is prompting disposable cutlery manufacturers in disposable cutlery market to innovate their operations and expand their existing facilities to lure in extensive on-the-move food consumers. They are specifically focusing on Earth advocates, who are always in the pursuit of green products. Additionally, the functional attributes of disposable cutlery, including easy storage, light weight, user-convenience, low costs, food hygiene, and takeaway features, continue to create opportunities for disposable cutlery manufacturers, thereby bringing traction to the disposable cutlery market.

Wood-Based Disposable Cutlery Takes Center Stage

In recent time, disposable cutlery market has witnessed a shift in demand for biodegradable disposable cutlery composed of wood, owing to stringent regulations and laws prohibiting use of plastic-based disposable cutlery. In compliance with constant regulations, several fast-food operators and other snack chains have started serving food in eco-friendly, green disposable cutlery composed of wood, which in turn is creating opportunities for wood-based disposable cutlery manufacturers to tap. For instance, snacking giants McDonald's, KFC, and several other fast food chains have shunned plastic straws and disposable cutlery from their facilities across several countries, such as France, India, and Singapore, etc. in 2018. These snack chains have replaced plastic disposable straws and cutlery with paper straws and wood-based disposable cutlery, as a part of their initiative to promote go–green practices.

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Adoption of Plant-Based Raw Materials Becomes Mainstream

The growing use of plastic every day is creating a lot of plastic waste, due to which regulatory authorities in various countries have imposed bans on plastic use. To comply with the stringent plastic rules in tandem with the urge to curb this menace, several foodservice packaging manufacturers have transitioned to plant-based raw materials for manufacturing disposable packaging materials, such as disposable cutlery, trays, plates, and bowls, to name a few. To capitalize on this emerging trend, key players in disposable cutlery market are expanding in bio-based foodservice manufacturing capabilities. Several manufacturers in disposable cutlery market have made gains in recent times by creating edible disposable cutlery composed of corn, wheat bran, sorghum, and rice, while reducing CO2 emissions considerably.

Widespread Applications in Social Gatherings & Outdoor Events Steering Sales

The rapidly increasing outdoor social gatherings and occasions are creating massive demand for disposable cutlery, propelling manufacturers in disposable cutlery market to create cutlery specially designed for social settings. Outdoor social events and occasions, including community gatherings, weddings, club meetings, etc. create substantial demand for food served in disposable cutlery. Further, the burgeoning camping trend, which is specifically followed by millennial, is creating lucrative growth opportunities in disposable cutlery market, while allowing manufacturers in disposable cutlery market to expand their foothold.

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Specialty Fuel Additives Market: Steady Demand in Aviation Industry

An array of additives has been developed to keep up with the needs of the industry that mainly converts hydrocarbon fuels into heat energy, either to leverage transportation or to generate electricity for industrial and domestic consumption.

Innovation has been a continuous requirement in the fuel additive business, mostly driven by legislation that changes the specification of fuels or demands the use of higher quality fuels. For instance, reduction of sulfur content in middle distillate fuels has substantiated the requirement to develop lubricity additives to shield diesel injector pumps. Rise in the demand for diesel exhaust particulate filters has propelled the growth of fuel borne catalyst additive products to aid regeneration, on-board filter cleaning of the particulate filter. Accordingly, specialty fuel additives have provided a bespoke performance-improving additive for use by fuel retailers.

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Besides the automotive industry, the specialty fuel additives are witnessing considerable demand in the aviation industry. In order to clean and remove the deposits from the engine, specialty fuel additives are experiencing massive demand in the cleaning additives and deposit control additives. The ever-growing push to impede rust formation and impel fuel efficiency present sanguine picture for the specialty fuel additives market.

Having said that, environment protection agency (EPA) does not condone specialty fuel additives as environment-friendly products. In light of it, EPA has approved cheaper products which will further deter the growth of specialty fuel additives market.

According to the study, cetane improvers will outperform deposit control additives with respect to global sale. Meanwhile, demand for antioxidant will propel robustly in the global market.

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Specialty Fuel Additives Market: Overview

The report offers a robust analysis on specialty fuel additives market with the aid of qualitative and quantitative assessment. The report focuses on the segmentation of the market to provide thorough analysis on the specialty fuel additives market. Further, the report also shed light on the trends, drivers, opportunities and restraints within the specialty fuel additives market.

The report includes executive summary, overview section which offers deep dive analysis on specialty fuel additives market. Furthermore, the report on specialty fuel additives market incorporates the market outlook and market attractiveness analysis which are aimed at proving a coherent analysis on the specialty fuel additives market. The report also focuses on supply chain analysis, cost structure analysis, value projection and pricing analysis to offer readers with a holistic view on the specialty fuel additives market. The report on specialty fuel additives market also throws light on trend analysis, Porters’ Five Force Analysis and value chain analysis. Porters’ Five Force Analysis offers a thorough analysis on competitive landscape of the specialty fuel additives market.

Secondary research and primary research offers a coherent analysis on specialty fuel additives market. The secondary sources includes Factiva, trade journals, authentic paid source and resourceful database. While the primary source incorporates views of experts which can be vouched for, authentic views from seasoned analyst and surveys. Essentially, the report also incorporates absolute dollar opportunity analysis which reveal the growth of the specialty fuel additives market.

Specialty Fuel Additives Market: Competitive Landscape

A coherent analysis of competitive landscape of the specialty fuel additives market is augmented through the perusal of Porters’ Five Force Analysis. The Porters’ Five Force Analysis provides holistic picture on the potential strategic-steps to be undertaken by rivals. The report is furthered by the inclusion of company overview, financial overview, key differentiation, portfolio of the product, recent development, namely.

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Sports Drinks Market Projected to Discern Stable Expansion During 2017 to 2022

Sports drinks are specially formulated beverages to help keep the body hydrated during or after exercise or sports activity. These drinks are usually rich in carbohydrate and are the efficient source of energy. These sports drinks contain electrolytes such as potassium, sodium, and chloride, it also consists high percentage of sugar to restore energy.

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According to a new study by Fact.MR, the Global Sports Drinks Market is anticipated to have steady growth. The market is expected to reach nearly US$ 25,500 million revenue by the end of 2022. Increasing health consciousness among consumers is boosting the demand for natural and sugar-free sports drinks.

As a primary fuel utilized by muscles, carbohydrates are important to perform various exercise and sports activities. Addressing increasing concern from consumers regarding sugar content, sports drinks manufacturers are focusing on including non-glycemic and non-caloric natural sweeteners such as erythritol, stevia, etc. Increasing consumer demand for natural and organic ingredients is fostering the trend of exotic ingredients in sports drinks. Sports drinks manufacturers are also investing time and money in finding better ingredients while formulating a final product with the aim to meet the purpose of sports drinks.

Manufacturers are also launching new product lines including different flavors. With rising competition between startups and existing market players, new marketing strategies and formulations are also becoming critical to reach sports drinks users. Stringent government regulations are also resulting in the development of clean label products, adoption of safety methods and creating transparency between consumers and manufacturers

Isotonic Sports Drinks to Gain Popularity

Isotonic sports drinks will showcase impressive growth between 2017 and 2022. The segment is expected to account more than two-fifth of revenue share on global revenues towards the end of 2017.

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Recovery Drinks to Gain Maximum Revenue Share

Towards the end of 2017, Recovery Drinks and During Exercise Sports Drinks will collectively account for more than three-fourth of revenue share on global revenues. Compared to During Exercise sports drinks, Recovery sports drinks will witness impressive CAGR.

Modern Trade to Emerge as the Largest Distribution Channel

Among various distribution channels, modern trade is projected to reach nearly US$ 8,700 million value by the end of 2022. Meanwhile, E-Commerce will account for less than one-fourth of revenue share on global revenues towards the end of 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global sports drinks market through 2022, which include The Coca-Cola Company, Abbott Laboratories, Monster Beverage Corp, Suntory Beverage & Food Ltd., Red Bull GmbH, Dr Pepper Snapple Group, Inc., GlaxoSmithKline Plc., GNC Holdings Inc., Pepsico Inc., PacificHealth Laboratories, Inc., and Nestlé S.A.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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