Nasir Jones's blog

The global food waste management market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026. Food waste management involves the use of a systematic approach for collecting, segregating, disposing of, treating, transporting as well as containing food waste generated during agricultural, dairy food, poultry, and seafood processing.

The global angioplasty balloons market grew at a CAGR of around 5% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth by 2025. Angioplasty balloons are medical devices used for widening and unblocking blood vessels that are clogged during medical procedures. The types of angioplasty balloons include drug-eluting, regular, and cutting. These devices are manufactured using nylon, polyurethane, and silicone urethane polymers.

The global orphan drugs market size reached US$ 129 Billion in 2019. Orphan drugs refer to medications that are intended for diagnosing, preventing and treating rare, life-threatening diseases or disorders. As they traditionally had a limited market, very few pharmaceutical companies pursued research into these products. Moreover, orphan drug research is dependent on government incentives.

The global automotive ignition system market grew at a CAGR of around 7% during 2014-2019. Looking forward, IMARC Group expects the global market has huge potential for growth during 2020-2025. The automotive ignition system is an ignition circuit that generates sparks or heat in automobiles. The system includes an ignition switch, ignition coil, high tension cable, distributor and spark plug. These components provide a high voltage current to the spark plugs to generate sparks in the gaps between spark plugs.

According to IMARC Group’s report, titled “Paper Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global paper bags market grew at a CAGR of 6% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth by 2025.

The global RF front end module market grew at a CAGR of around 12% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025. A radio frequency (RF) front end module is a device panel that combines all circuits between the antenna and the receiver. It comprises of an RF filter, amplifier, local oscillator, mixer and multiple switches.

The global nutritional bar market grew at a CAGR of nearly 5% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth by 2025. Nutritional bars are convenient food products that assist in boosting energy, managing weight, improving muscle mass and enhancing digestive health. They are rich in calories, fat, proteins, sugar, vitamins and minerals, which varies depending on the ingredients utilized in production.

The global nonwoven fabrics market grew at a CAGR of around 7% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025. Non-woven fabrics refer to cohesive fabric-like textiles produced by arranging the fibers together using heat, chemicals, or pressure. Some of the commonly used manufacturing methods include fiber entanglement, and chemical and thermal bonding of materials, such as olefin, polyester, rayon, etc.

The global cosmetic packaging market grew at a CAGR of 5% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025. Cosmetic products are made using durable materials and are generally available in several packaging layers, including primary, secondary, and tertiary. Primary packaging holds the content, whereas secondary packaging groups the primary packages.

The global travel bags market is currently witnessing a healthy growth. Looking forward, IMARC Group expects the market to register a CAGR of 6% during 2020-2025. Travel bags are widely used by tourists, travelers, explorers, and trekkers, to carry their clothes and other belongings. Some of the common product variants include duffel bags, rolling luggage, wheeled backpacks, weekenders, totes, etc.