Karen's Blog

North America aseptic packaging market was valued at US$8.265 billion in 2017 and is projected to grow at a CAGR of 8.15% during the forecast period to reach the market size of US$13.225 billion by 2023. Growing pharmaceutical and healthcare sector in the region, especially in the United States due to the rising cases of chronic diseases is driving the demand for aseptic packaging solutions in North America. High-income levels and improving standard of living, along with the new trend of packaged and readymade foods is also boosting the demand for aseptic packaging solutions.  However, consumer preference towards non processed food may hamper the growth of the market during the forecast period. Emergence and innovation of new products and increasing urban population in the developing countries may widen up the growth opportunities for the manufacturers during the forecast period. U.S. accounted for the largest share in the region in terms of both value ...

The video editing software market is projected to grow at a CAGR of 11.40% to reach US$9.280 billion by 2024, from US$4.855 billion in 2018. Video editing software refers to a software platform that aids content creators, filmmakers, video editors, and others, by helping them create finished video content from raw content. The growing entertainment industry across multiple platforms is evaluated as one of the key drivers for the increasing demand for video editing software.  In addition to this, the constant developments in the video editing software are further projected to augment the demand in the coming years. However, the market will also be heavily restrained due to the rising piracy concerns during the forecasted time period. Smartphone and tablet platforms are projected to witness significant growth opportunities as a result of the constant hardware developments within the platforms, enabling an increase in the efficiency and output quality of...