Categories
Business

Corrugated Packaging Market Size Predicted to Reach USD 290 Billion by 2026

The global corrugated packaging market in 2019 was above USD 240 billion. The market is expected to grow around a CAGR of 4% and is anticipated to reach over USD 290 billion by 2026.

Corrugated board or fiberboards is made of two main components such as linear and medium. The linear is the combination of two sheets of paper, it is flat material and contains an outer surface. The medium is some special structure that is flutes or arches. Such three layers of paper are assembled in a manner that gives a stronger strength to the overall structure than that of each separate sheet. This construction of boards possesses the ability to support the weight. This structure provides rigidity and resistance to the corrugated board. The flutes allow air circulation which acts as an insulator and provides protection over different temperatures.

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Corrugated packaging is made of natural material which is cost-effective and can be recycled easily. Increasing demand for corrugated packaging in various industries is driving market growth. Moreover, government regulations towards the eco-friendly material, increasing demand from e-commerce industries are propelling the market. However, humidity and moist weather can decrease the strength and firmness of corrugated boards, which may produce restraints in the market growth. On the other hand, with increasing demand from online sellers, the supermarket is expected to create ample opportunities in the corrugated packaging market.

The corrugated packaging market is segmented based on box type, application, wall construction, and region. On the basis of box type segmentation, the market is classified into a folding box, slotted box, telescope box, and rigid box. By application segmentation, the market is divided into processed foods, fresh food, and products, beverages, paper products, electrical products, others. And by wall construction, the market is bifurcated into single-wall, double-wall, and triple-wall.

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Top Market Players

Some of the essential players operating in the corrugated packaging market, but not restricted to include Mondi Plc, Newark Group, and Nippon Paper Industries Co. Ltd. Holmen AB, Georgia-Pacific LLC, MeadWestvaco Corporation, DS Smith Plc, Smurfit Kappa Group Plc., Nine Dragons Paper (Holdings) Ltd., International Paper Company, Weyerhaeuser Company, Vinda International Holdings Ltd., Bio Pappel S.A.B. de C.V., OJI Holding Corporation, Lee & Man Paper Manufacturing Ltd., Svenska Cellulosa Aktiebolaget, Mayr-Melnhof Karton AG, Sonoco Products Company, Amcor Ltd., Stora Enso Oyj, and others.

Categories
Technology

Corporate Assessment Services Market Size Will Hit USD 3,500 Million by 2026

The global corporate assessment services market in 2019 was approximately USD 2,000 Million. The market is expected to grow above a CAGR of 8.0% and is anticipated to reach over USD 3,500 Million by 2026.

The corporate assessment normally includes talent assessment tests, pre-employment tests, career aptitude tests, personality tests, learning and thinking assessment,  personality/behavioral assessment, technical and domain knowledge assessment, etc. Corporate assessment is often opted by companies for choosing the appropriate candidate for the position. Corporate and performance assessment helps HR for designing tests in various formats made available by assessment service providers. Regular assessment of employees can help the company to track employee performance and the team can address the performance issue.

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The corporate assessment services market research report delivers an acute valuation and taxonomy of the corporate assessment services industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Key Segments: Corporate Assessment Services Market

The corporate assessment services market is segmented based on type, application, and region. On the basis of type segmentation, the market is classified into psychometric tests, aptitude tests, in-person interviews, and others. On the basis of application, the market is classified into the recruitment of frontline employees, recruitment of managers, and internal assessment and promotion.

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Top Market Players

Some of the essential players operating in the corporate assessment services market, but not restricted to include Aon plc, Cubiks Ltd., Psytech International, Korn Ferry, Target Training International, Ltd., Gartner, Inc. (CEB), Talent Plus, Hogan Assessment, Eduquity Career Technologies, Harrison assessments, StrengthsAsia Pte Ltd, DDI, TeamLease Services Ltd, AssessFirst, Central Test, NSE.IT, Chandler Macleod Group Limited, MeritTrac, Mettl, Beisen Cloud Computing Co., Ltd., and others.

Categories
Business

Construction Sealant Market Will Reach USD 12.91 Billion by 2026

The global Construction sealant market in 2019 was approximately USD 8.5 billion. The market is expected to grow above a CAGR of 6% and is anticipated to reach over USD 12.91 billion by 2026.

Construction sealants are used to avoid the movement of fluids and other substances through material joints, structures, or openings. Also, they can prevent the passage of dust, insects, air, sound, and so on, and serve as a fire stopping component. In the commercial and residential infrastructure, the construction sealants provide reliability, extra flexibility, and waterproofing. The sealants are used as roof sealant, bathroom sealant, waterproofing, door sealant, window sealant, fireproofing, and other applications. It also covers all construction projects, from small domestic renovations to giant river bridges and skyscrapers.

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The construction sealants are widely used in a wide range of applications such as glazing, flooring & joining, sanitary & kitchen, and so on. According to the user requires the characteristic of the product also changes. Increasing construction activities, renovation, and maintenance activities are driving market growth. Moreover, new innovation in construction sealant is also surging market growth. However, strict policies coupled with the toxic impact of the sealant may restraints market growth. On the other hand, major manufacturers performing R&D activities to develop advanced products with minimum production time and cost may produce ample opportunities in the market.

The construction sealant market is segmented based on type, application, end-users, technology, function, and region. On the basis of type segmentation, the market is classified into By type segmentation, the market is divided into silicone, polyurethane, polysulfide, plastisol, emulsion, butyl-based, and others. By application, the market is separated into glazing, flooring & joining sanitary & kitchen, and others. By end-users segmentation, the market is bifurcated into residential, industrial, and commercial. On the basis of technology, the market is classified into water-based, solvent-based, reactive, and others and by function, the market is divided into bonding, protection, insulation, soundproofing, and cable management.

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Some of the essential players operating in the construction sealant market, but not restricted to include McCoy Soudal, Novagard Solutions, deVan Sealants, Inc., Adshead Ratcliffe & Co Ltd., Hodgson Sealants, Wacker Chemie AG, Kommerling UK Sealants & Adhesives, Shin-Etsu Chemical Co. Ltd., Sika AG, Bostik, Dow Corning Corporation, 3M, H.B. Fuller, THE YOKOHAMA RUBBER Co. Ltd., ALCHIMICA, KCC CORPORATION, Momentive Performance Materials, Royal Adhesives & Sealants, Alstone, Pecora Corporation, Tremco Incorporated, and others.

Categories
Business

Cloud Professional Services Market Set to Reach USD 15936.96 Million by 2026

The global cloud professional services market in 2019 was approximately USD 4486.82 Million. The market is expected to grow at a CAGR of 19.8% and is anticipated to reach around USD 15936.96 Million by 2026.

Cloud-based professional services include cloud assessment & implementation services, data center designing, implementation and migration services, and infra health audit/assessment services amongst other services. It assists in enhancing efficiency, accelerates cloud automation, and reduces risks. Nowadays, every industry has opted for software solutions for making their business operation easy. In businesses, mostly the cloud-deployed solutions are being preferred as it is easy to access and cost-effective.

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The cloud professional services market research report delivers an acute valuation and taxonomy of the cloud professional services industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Key Industry Segments: Cloud Professional Services Market

The cloud professional services market is segmented based on service type, service model, deployment model, and application. On the basis of service type segmentation, the market is classified into consulting, integration, and deployment & support. On the basis of service model segmentation, the market is classified into SaaS, PaaS, and IaaS. In terms of the deployment model, the market is bifurcated into public, private, and others. Furthermore, the application is fragmented into banking, financial services & insurance (BFSI), consumer goods & retail, IT and telecom, healthcare, media and entertainment, government, education, energy, manufacturing, and others.

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Top Market Players

Some of the essential players operating in the cloud professional services market, but not restricted to include Accenture, Alphabet, Inc., Amazon.com, Inc., ATOS SE, Capgemini, Cisco Systems, Inc., HP, IBM Corporation, Microsoft Corporation, Oracle, Rackspace, Inc., SAP AG, and VMware, Inc. among others.