Veterinary Infectious Disease Diagnostics Market Is Expected to reach US$ 3.8 Billion by [2022-2032]

According to estimates, the veterinary infectious disease diagnostics market was valued US$ 1.5 billion in 2021. However, due to the increasing prevalence of infectious diseases in animals and the increasing use of infectious disease diagnostic tests for early diagnosis of these diseases, it is anticipated that the overall market will expand at a healthy CAGR of 9.0% between 2022 and 2032, reaching more than US$ 3.8 Billion in 2032.

Data Points Market Insights
Veterinary Infectious Disease Diagnostics Market Value 2021 USD 1.5 Bn
Veterinary Infectious Disease Diagnostics Market Value 2026 USD 2.5 Bn
Veterinary Infectious Disease Diagnostics Market Value 2032 USD 3.8 Bn
Veterinary Infectious Disease Diagnostics Market Forecast CAGR (2022-2032) 9.0%
Key Players Zoetis, Inc., Thermo fisher scientific, Virbac, Biomerieux SA, Heska Corporation., IDvet, NEOGEN Corporation, QIAGEN N.V., Randox Laboratories Ltd.

As per veterinary infectious disease diagnostics market study, there is a rise in the number of pets, the rising incidence of zoonotic diseases, the growing adoption for animal-derived food products, the rising demands for pet insurance, the upsurge in animal health expenditure, and the surge in the number of veterinary practitioners and income levels in developed economies which are contributing to the veterinary infectious disease diagnostics market growth.

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Key Takeaways:

  • The highest veterinary infectious disease diagnostics market is further expected to reach US$ 3.8 Billion by 2032.
  • The consumables, reagents & kits product segment held the largest veterinary infectious disease diagnostics market share of more than 52% in 2021.
  • According to AVMA, there were around 26,000 veterinary hospitals & clinics in the U.S. in 2019, and more than 80% of them provided point-of-care testing.
  • The pathology testing type segment dominated the veterinary infectious disease diagnostics market in 2021 with a share of more than 13% owing to its wide variety of service offerings, such as various lab tests, imaging, and specialized tests.
  • The non-infectious diseases segment held the maximum veterinary infectious disease diagnostics market share of more than 27% of the global revenue in 2021.
  • The study finds that Asia-Pacific has the highest veterinary infectious disease diagnostics market growth, which is growing due to the contribution of the following emerging countries such as India, with a CAGR of 11.7%.
  • The laboratories segment held the largest revenue share of more than 37% in 2021.

The overall veterinary infectious disease diagnostics market growth is projected to be hindered by rising pet care expenses. One of the critical challenges restricting veterinarians’ adoption of veterinary infectious disease diagnostics is a dearth of skilled veterinarians and diagnostic infrastructure, particularly in developing countries. Another key hindrance to broader adoption is the expensive cost of modern diagnostic tests.

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On a global scale, there has been an increase in the overall companion animal population and adoption rate. As a result, demand for pet care products and services are predicted to rise as the pet population grows, supporting the growth of related sectors such as veterinary infectious disease diagnostics.

In the present COVID-19 pandemic, testing has shown that the virus travels more from animal diagnostics to the animal than from human to human or human to animal. Therefore, the demand for PCR panels for virus testing is projected to rise as more pet owners begin testing their animals for the absence of these diseases. This will unlock the veterinary infectious disease diagnostics opportunity for new molecular diagnostics panels to enter the vet lab market.

There is a significant imbalance between veterinary diagnostics demand and supply for veterinary specialists in developing economies such as Brazil, China, and Southeast Asia. The majority of veterinarians operate in private vet labs dedicated to companion animals around the world, resulting in a scarcity of resources for agricultural or food-producing animals.

Competition Analysis:

Top companies operating in veterinary infectious disease diagnostics industry are –

  • Zoetis, Inc.
  • Thermo fisher scientific
  • Virbac
  • Biomerieux SA
  • Heska Corporation
  • IDvet
  • NEOGEN Corporation
  • QIAGEN N.V.
  • Randox Laboratories Ltd.

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Veterinary Infectious Disease Diagnostics Market Key Segments:

By Technology:

  • Immunodiagnostics
  • Molecular Diagnostic
  • Others

By Animal Type:

  • Companion animal
  • Food-producing animals

By End User:

  • Reference Laboratories
  • Veterinary Hospitals and Clinics
  • Point of Care
  • Research Institutes & Universities

By Region:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Virology Specimen Collection Market Size to be worth US$ 5.3 Bn by [2022-2032]

According to a recent virology specimen collection market report by Future Market Insights (FMI), the motor monitoring market is anticipated to advance at a phenomenal CAGR of -0.5% over the forecast period 2022-2032. Additionally, the rising prevalence of viral infections like SARS-CoV-2, AIDS, flu, EBOLA, Zika virus, and STDs boosts the demand for virology specimen collection.

Attributes Details
Virology Specimen Collection Market CAGR (2022 – 2032) -0.5%
Virology Specimen Collection Market (2026) US$ 5.3 Bn
Virology Specimen Collection Market Attraction Innovation in specimen collection devices technologies to keep the global market attractive

The emergence of the COVID-19 pandemic has changed the delivery of medical care worldwide. The increased pressure due to the growing rate of hospitalization of COVID-19 patients had led to the re-profiling of many hospitals and departments for treating patients with COVID-19. It has mild-moderately affected the virology specimen collection market growth.

The Zika virus and Babesia outbreaks, alongside announcements for their inclusion in virology specimen collection tests, indicate the need for innovation in virology specimen collection technologies, consumables, laboratory testing and instruments. Other countries have also undertaken initiatives to check for new and emerging diseases.

The high cost of technologies and collection kits and usage of flow sensitivity screening are the major factors hampering the growth of the virology specimen collection market.

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Some emerging markets such as India, the Middle East, and Africa offer promising virology specimen collection opportunities for players in the industry due to their increasing disposable incomes and improving healthcare infrastructure.

The comparatively high cost of laboratory testing has boosted the increasing use of older and less practical tests, for example, first-generation ELISA. The test has been used in various parts of the world despite its limitation.

The high costs of the virology specimen collection products serve as the critical factor curtailing the growth impetus in the market. There is a crucial requirement to reduce the costs of these products to create demand for virology specimen collection. Otherwise, it is estimated to hinder the virology specimen collection growth even in upcoming years.

During the diagnostics investigations, different microbiology specimen collection mediums are recommended to stabilize specimens for the detection of viruses and bacteria. Thus, based on these factors, the virology swab sample market is likely to experience innumerable growth avenues in the forthcoming years. It is expected to have a digital future of public health, and there comes a crucial requirement to align the international strategies for evaluation and regulation.

There is high competition among the virology specimen collection market players. Only major companies can afford high-capital investments and the cost of R&D and manufacturing. That prevents new entrants from entering the virology specimen collection market.

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Key Takeaways:

  • North America is anticipated to be at the forefront of the virology specimen collection market future trends, which can be attributed to the increasing adoption of NAT and technological advancements such as portable diagnostics.
  • The bacterial specimen collection segment is projected to lead the virology collection market trend by product type. The high prevalence of tuberculosis (TB) is one of the significant factors contributing to the share of the segment.
  • Diagnostic applications are expected to account for a significant portion of the virology specimen collection market size due to a spike in the number of FDA-approved specimen collection kits, transport of viral specimen, and virology swab sample for clinical applications.
  • By end use, the hospitals and clinics segment is anticipated to generate the most revenue, owing to an uptick in patients with respiratory viruses and bacterial infections.
  • The Asia Pacific market for bacterial and virology sample collection is expected to grow at a rapid pace because of extensive coronavirus testing in Asian countries.
  • By technology, the segment of the nasopharyngeal sample is estimated to hold sway on account of rapid detection of transmissible transfusion infections (TTIs) and the rising prevalence of HPV-related cancers and human papillomavirus (HPV).

“Virology specimen collection tests emphasize the need for virology specimen collection technology innovation and adoption, consumables, and instruments. This is projected to drive the demand for the virology specimen collection market further.” opines an FMI analyst.

Competitive Landscape:

A few notable virology specimen collection market players include Puritan Medical Products Co. (UK), Trinity Biotech (Ireland), Dickinson and Company (US), Thermo Fisher Scientific Inc. (US), Vircell S.L. (Spain), Becton, Quidel Corporation (US), Titan Biotech Ltd. (India), Diasorin SA (Italy), Copan Italia S.P.A (Italy), Hardy Diagnostics (US).

These firms and companies are partnering & collaborating with several domestic and international players as a part of the emerging trends in the viral specimen collection market.

  • Henkel AG & Co. KGaA of Germany tied up with Origin of California to leverage the latter’s expertise in performing robust mechanical testing at its California facility. Henkel also contributed expertise and technology to developing 3D printed nasopharyngeal swabs for COVID-19 testing and several other recent developments in the virology specimen collection market.
  • Under a USD 6.0 million contract with Inflammatix Inc., the US HHS supported the development of the host-response testing technology. The company is working on three diagnostic tests that will provide quick results on whether the infection is bacterial or viral. This enables clinicians to make better-informed, earlier treatment decisions. Such initiatives are also at the heart of the companies’ strategy to expand earlier diagnosis.

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Key Segments By Product Type:

  • Blood Collection Kits
  • Specimen Collection Tubes
  • Viral Transport Media
  • Swabs

By Sample:

  • Blood Samples
  • Nasopharyngeal Samples
  • Throat Samples
  • Nasal Samples
  • Cervical Samples
  • Oral Samples
  • Other Samples

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Container Liner Market will register a CAGR of 4.7% by 2031

The container liners industry is expected to increase positively through 2021, with an estimated US$ 839 Mn in market value that year. Sales of container liners are expected to grow at a 4.7% CAGR between 2021 and 2031, according to FMI.

Despite slow sales during COVID-19, demand for container liners will increase starting in 2021, albeit gradually. According to an estimate by FMI, market revenue grew by 3% annually in 2021 over 2020. By the end of 2021, the global consumption is anticipated to reach 519,353 tonnes. In terms of sales volume, the market is expected to grow at a 4.2% CAGR during the forecast period.

Conclusions from the Container Liner Market

  • By kind of material, polypropylene material commands the market with a dominating share of around 40%.
  • With the U.S. accounting for almost 87.8% of the North American container liners market in 2021, the U.S. has emerged as a significant market.
  • By the end of the following decade, the U.K. market will rise by 5.6% y-o-y after two years of marginal sales in 2020 and 2031.
  • Growth in Germany and France will be supported by rising pharmaceutical demand.
    Japan will become a more appealing market as a result of rising usage in the building and construction industry.

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What is Encouraging Adoption of Container Liners across Industries?

The re-usability of container liners makes it a best suited bulk packaging option for manufacturers worldwide, while shipping their commodity. Moreover, the bulk material packed in container liners provides an advantage of easy retrieval of commodities from the container.

Container and the container liner are ready for re-use in no time, which saves cost and time of the shipper. The products shipped in container liners are protected from external moisture and humidity present in the air, which are harmful for the chemical and agricultural products shipped in the container.

Manufacturers and shipping partners can promote themselves as sustainable practitioner, by the usage of recyclable material for the transit of bulk cargo from one part of the world to another.

Competitive Landscape

Companies operating in container liner market are aiming at strategic collaborations and strategic partnerships with other manufacturers to expand their product portfolio.

  • In June 2019, Amcor Plc acquired the company named Bemis Company, Inc. the company is now wholly owned by the Amcor Plc and will be operating under their name only. The company added operational excellence to its capabilities and is looking to expand its global container liner business.

Key Companies Profiled

  • Greif, Inc.
  • Thrace Plastics Holding and Commercial S.A.
  • LC Packaging International B.V.
  • Berry Global, Inc.
  • Ven Pack
  • United Bags Inc.
  • CDF Corporation
  • Emmbi, Inc.
  • Rishi FIBC Solutions Pvt. Ltd.
  • Nier Systems Inc.

Container Liner Market by Category

By Material Type:

  • PP ( Polypropylene)
  • PVC ( Polyvinyl Chloride)
  • PE ( Polyethylene)
  • Metallized Film
  • Others (PS, etc.)

By Capacity Type:

  • 20 Foot
  • 30 Foot
  • 40 Foot

By Product Type:

  • End Fill
  • Open Top
  • Top Fill
  • Wide Access

By End Use:

  • Agriculture
  • Chemical
  • Building & Construction
  • Mining
  • Food & Beverage
  • Pharmaceutical

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-2035

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

4. Key Success Factors

4.1. Product Adoption Analysis

4.2. Product USPs / Features

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Bag-on-Valve Laminates Market is estimated at US$ 371 Mn in 2031

Between 2022 and 2031, the market for bag-on-valve laminates is expected to develop significantly at a CAGR of 5.4%, reaching US$ 372 Mn. The personal care and pharmaceutical industries are expected to support the market for bag-on-valve laminates, which is expected to rise at an astounding CAGR of 5.5% over the course of the forecast period and reach a market value of over US$ 219 Mn in 2019.

In the last five years, the personal care and pharmaceutical businesses have experienced astounding growth. These industries’ markets are fiercely competitive, which leads to continual production.

Key Takeaways from the Market for Bag-on-Valve Laminates

  • The market for bag-on-valve laminates will grow at a 5.4% CAGR between 2022 and 2031 due to the increasing need for sustainable and alternative packaging options.
  • In the personal care and healthcare sectors, increased demand for innovative packaging solutions will enable the United States to account for more than 88% of sales in North America in 2021.
  • Over the forecast period, government rules targeted at reducing carbon footprint across numerous industries would promote growth in the U.K. at a 1.9% CAGR.
  • Bag-on-valve laminates will be in great demand throughout the European market, especially in France, Italy, and Benelux.
  • Growth potential for the Chinese market will result from the expansion of the industrial sector.

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Demand for Safe Packaging of Sterilized Products to Shape Bag-on-Valve Laminates Market

Manufacturers in the pharmaceutical industry offering products such as nasal sprays and wound cleaners are favoring bag-on-valve laminates packaging, as it is easy to sterilize and a comparatively hygienic form of packaging.

The nasal spray market is anticipated to grow tremendously as it is an effective drug delivery system for the increasing number of cases of asthma, respiratory diseases, and common coughs and cold.

According to the World Health Organization (WHO), out of 93 vaccine trials that are underway, 7 are based on intranasal delivery system. The demand for packaging of these nasal sprays will potentially augment the bag-on-valve laminates sales due to their ability to keep the active ingredient comparatively safer.

Competitive Landscape

Leading bag-on-valve manufacturers are committed to offering innovative applications of the product for many industries. For instance, Amcor Plc., one of the top tier companies in the bag-on-valve laminates market through constant innovation, is offering the product to a large number of industrial applications like pharmaceutical, skin and hair care, cosmetics, home care, etc. This has also opened doors for many other consumer products in the market for packaging in the bag-on-valve.

Furthermore, packaging manufacturers across the continents are also trying to increase their market share across the globe by forming strategic partnerships with the other companies and increasing their market presence across the seven regions.

Key Companies Profiled

  • Aptar Group
  • Amcor plc
  • Precision Valve Corporation
  • TUNAP Group
  • Lindal Group
  • Summit Packaging Systems
  • Gualapack S.p.A.
  • Coster Tecnologie Speciali S.p.A
  • Chicago Aerosol, LLC
  • Wipf Doypak
  • Farrag Packaging

Key Segments Covered in Bag-on-Valve Laminates Industry Research

Material:

  • Polypropylene (PP)
    • Oriented Polypropylene (OPP)
    • Cast Polypropylene (CPP)
  • Aluminum
  • Polyethylene terephthalate (PET)

Packaging Format:

  • Bags
  • Pouches

Filling Process:

  • Cold Fill
  • Aseptic Fill
  • Ambient Fill

Application:

  • Home care
  • Personal care
  • Healthcare
  • Others (Chemical)

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
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PET Blow Molder Market is projected to reach US$ 57.3 Mn by 2026

The market for PET blow moulders in North America is anticipated to reach US$ 57.3 Mn by 2026, at a CAGR of 4.0% from 2022 to 2026, from an estimated US$ 49 Mn in 2022. With an annual growth rate of 4.4%, the North American PET blow moulder market had profitable growth in 2021–2022.

According to FMI, the North American market is anticipated to present enticing investment opportunities worth US$8.3 million during the projection year. Nearly 30–35% of the industry is accounted for by the top three North American PET blow moulder manufacturers.

In the U.S., the market is anticipated to expand by 1.2x between 2022 and 2026. By 2026, Canada is anticipated to have a market value of US$16.4 million.

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Factors Restraining the Demand for PET Blow Molders in North America

The report, titled “PET Blow Molder Market: North America Industry Analysis and Opportunity Assessment, 2016-2026,” has compiled multiple factors impacting the growth in demand for PET blow molders in North America. Higher preference to PET bottles by manufacturers of packaged drinking water is expected to drive the demand for PET blow molders in the region. But, the key restraints for North America’s PET blow molder market include:

  • Is it Economical? Blowing machines are majorly utilized by big manufacturers who require large scale output, but this creates a barrier for the other rural industries. If these machines are forced to give an output of a smaller volume, then the manufacturers aren’t able to fetch much profits. This is because PET blow molders consume the same amount of energy regardless of output volume.
  • Poor Stretch Ratios – These customized bottles have acute stretch ratios, due to which they can bend or even break upon dropping. The bottles should also be able to achieve standard measures set bearing certain force at lower temperatures.
  • Saving Resins Hampers the Bottle Quality – Bottle manufacturers have started to use lesser raw material amount in the manufacturing process. Such bottles tend to collapse at their weakest points, as at those points, the material gets too thin to bear any force. And, these bottles will not be able to bear the load administrated to them during their quality checking process.

Companies such as PET All Manufacturing Inc., R& B Plastics Machinery, LLC, Amsler Equipment, Inc., SIPA North America Inc., Nissei ASB Company, Milacron Holdings Corporation, Sidel, Jomar Corporation, Custom-Pak Inc., and Tech-Long Inc. are leading manufacturers of PET blow molders, based across the US and Canada. The PET blow molder market in North America is split into these two countries, where US is projected to remain the dominant country by procuring over 70% of gross revenues throughout the forecast period.

Historic and Forecast Market Outlook for PET Blow Molder Market

The North America PET blow molder market is expected to witness significant growth during the forecast period. This growth is expected to be primarily driven by growth in the beverage industry, owing to an increase in the demand for non-carbonate drinks.

Moreover, increasing demand for recyclable, safe, and lightweight bottled water is also driving growth of the PET blow molder market.  In addition, the U.S. is expected to witness fast paced growth, owing to the growing end use industry, along with infrastructural development. The North America PET blow molder market is projected to reach US$ 57.3 Mn at a CAGR of 4.0% during the forecast period.

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Competitive Landscape

Manufacturers are diversifying towards various applications in the food and beverage, and pharmaceutical industries to reduce the risk of failure in the PET blow molder market. Key manufacturers operating in the PET blow molder market are focusing on producing lighter-weight and sustainable PET containers. Key manufacturers in the PET blow molder market are using expansion and mergers as the primary tool to expand their market share in the competitive arena.

  • In December 2018, R&B Plastics Machinery, one of the leading PET blow molder market players collaborated with Sika, a custom blow molding machine maker in Taiwan and Seecor, a technology company based in South Africa for production of electric, hydraulic and hybrid blow molding machines.

Key Companies Profiled

  • PET ALL Manufacturing Inc.
  • R&B Plastics Machinery, LLC
  • Amsler Equipment Inc.
  • SIPA North America Inc.
  • Nissei ASB Company
  • Milacron Holdings Corporation
  • Sidel
  • Jomar Corporation
  • Custom-Pak Inc.
  • Tech-Long, Inc.

North America PET Blow Molder Market by Category

By Machine Type :

  • Extrusion Blow Molding Machine
  • Injection Blow Molding Machine
  • Stretch Blow Molding Machine

By Technology Type :

  • Manual
  • Automatic
  • Semi-Automatic

By End Use :

  • Food & Beverage
  • Pharmaceuticals
  • Personal Care
  • Others

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Bag-in-Box Market is expected to reach US$ 4 Bn in 2022

The bag-in-box market value is estimated at US$ 4.0 Bn in 2022 and is projected to reach US$ 6.6 Bn by 2031, at a CAGR of 5.7% from 2022 to 2031. The bag-in-box packaging format accounts for 12% of global alcohol packaging market worth US$ 36 billion in 2022.

As per the FMI analysis, bag-in-box solutions having capacity between 151 to 750 liters and above 751 Liters are expected to account for almost half of the total bag-in-box packaging products sold globally in 2022.

Manufacturers are adhering to stringent food regulations to ensure the flavor of the wine stays intact. Besides this, hygienic &useful access to the inside content, the plastic film deliberately guards wines against oxygen and light are some of the important aspects that made bag-in-box a foremost packaging solution for wines.

Several industries are opting for bag-in-box packaging solutions as these collapse easily into a flat bag and box which minimizes shipping cost and storage requirements. These factors are expected to enable growth in the market in the coming years.

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Important Lessons from the Bag-in-Box Market

  • Demand for bags-in-box will increase consistently between 2022 and 2031, growing at a stable 5.7% rate.
  • The United States will be able to account for approximately 86% of sales in North America due to rising demand from numerous industries.
  • Germany, France, and Italy will have greater demand as wine production rises.
  • After experiencing a decline, UK sales will rebound in 2022, growing by 1.8% year over year.
    China will have the largest percentage of the East Asian market, followed by Japan and South Korea.

Will the bag-in-box packaging solution maintain its momentum across a range of industries?
Expanding Dairy Industry Supporting Bag-in-Box Market Expansion

Manufacturers of bag-in-box products may find prospects in the dairy business. The dairy business uses traditional packaging techniques like glass bottles and die-cut lids. However, due to its aseptic nature, low cost in comparison to conventional packaging, and eco-friendly benefits, bag-in-box finds wide-ranging use in the dairy industry.

The dairy industry’s fastest-growing subsectors are milkshakes and smoothies. Large quantity packs can be given with the highest level of protection during the transit to the distant markets for dairy products like fresh cream and condensed milk that require airtight packing. Bag-in-box usage in dairy retail will keep expanding, offering promising market expansion prospects.

Competitive Landscape

Leading market players engaged bag-in-box manufacturing are focusing on providing bag-in-box packaging solutions made using sustainable raw materials. They also are entering into strategic partnerships with key end users to stay ahead of the competitors: –

  • In October 2021, Smurfit Kappa Group announced the launch of its new sustainable bag-in-box, which is made from 53% recycled and renewable materials.
  • In July 2021, Liqui-Box Corporation teamed up with WestRock Company to deliver bag-in-box e-commerce solutions for liquids.
  • In May 2021, Schoelle IPN released its SIOC approved bag-in-box packaging for liquid products.

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Key Companies Profiled

  • Smurfit Kappa Group
  • Liqui-Box Corporation (DS Smith Plc.)
  • Amcor plc
  • Scholle IPN
  • CDF Corporation
  • TPS Rental Systems Ltd
  • Optopack Ltd.
  • NWB Finland Oy
  • Aran Group
  • TriMas Company (Rapak)

Bag-in-Box Market By Category

By Capacity:

  • Upto 20 Liters
  • 21 to 150 Liters
  • 151 to 750 Liters
  • 751 & Above Liters

 By Material:

  • Paper and Paperboard
  • Plastic
    • Low Density Polyethylene (LDPE)
    • Ethylene Vinyl Acetate
    • Metallized-PET
    • Ethylene Vinyl Alcohol (EVOH)
    • Nylon
    • Others

By End Use:

  • Food
    • Dairy Products
    • Sauces, Vinegar & Flavouring
    • Liquid Egg Products
  • Beverages
    • Alcoholic Beverages
    • Non Alcoholic Beverages
    • Water
    • Others
  • Chemicals

Table of Content

1. Executive Summary

1.1. Global Market Overview

1.2. Analysis and Recommendations

2. Market Overview

2.1. Market Definition

2.2. Market Coverage

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Machine Glazed Kraft Paper Market is worth US$ 9.3 Bn in 2022

The market for machine-glazed kraft paper is anticipated to reach US$ 14.5 Billion by 2030, at a CAGR of 6% from US$ 9.3 Billion in 2022. A recent FMI estimate projects that during the forecast period, the market for machine glazed kraft paper would produce an additional potential of US$ 5.4 Bn.

According to FMI estimate, the machine glazed kraft paper market would produce around US$ 9.1 Bn in total revenue by the year 2021. By the forecast year 2030, the market for machine-glazed kraft paper is anticipated to grow by 1.6 times its current value.

The Global Machine Glazed Kraft Paper Market Study’s Key Findings

  • After posting negative year-over-year growth in 2021, the machine glazed kraft paper market is anticipated to rebound starting in 2022.
  • In 2021, the U.S. will account for over 80% of sales in North America thanks to a growing focus on sustainability.
  • Following a period of dropping sales due to the pandemic, the U.K. market is anticipated to grow by little over 1% year over year in 2021.
  • Following a period of declining sales in 2020–21, demand from Germany and France is anticipated to rise.
    Japan is projected to have faster development than China, despite expectations that China will dominate the East Asian market.

“The ability of machine glazed kraft paper to provide exclusive mechanical strength, flexibility, and printability makes it an ideal choice for packaging of industrial and non-industrial goods. Shifting inclination towards strong yet sustainable packaging solutions will create sales opportunities,” said a lead analyst at FMI.

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Historic And Forecast Market Outlook For Machine Glazed Kraft Paper

Machine glazed kraft paper is also called M.G. kraft paper. Unbleached machine glazed kraft paper has a shiny surface on one side and a rough surface on the other. For excellent printing, it consists of the strong tensile strength of kraft paper with the shine and softness of glossy paper. Machine glazed brown kraft paper is made from agriculturally based raw resources, making it eco-friendly.

Machine glazed kraft paper is one of the most efficient and environmentally friendly packaging options that are available. Bags and pouches, wraps, sacks, labels & liners, envelopes, trays, cups, and bowls are all made with kraft paper. Machine glazed kraft paper is accessible in two grades: bleached and unbleached.

High Preference for Environment-friendly Packaging to Bolster Market Growth

Rising preference of sustainable packaging has led to an increase in demand for packaging solutions that can also be recycled. Machine glazed kraft paper manufacturers are inclining towards sustainable packaging and are promoting environment-friendly packaging. Manufacturers are using paper materials as a sustainable packaging alternative to conventional plastic and metallized packaging solutions used in food, healthcare, personal care & cosmetics, building & construction, and household applications.

Competitive Landscape

To achieve a competitive edge, the market’s leading companies are striving to enlarge their global presence, expand their product offerings, and speed up the development process. Furthermore, most companies employ marketing strategies such as mergers and acquisitions to broaden their market reach and strengthen their position.

For instance,

  • On March 08 2022, Elopak and Nippon Paper Industries have agreed to expand their partnership and advance their liquid-paper packaging activities by signing a Memorandum of Understanding (MoU).
  • On December 20 2021, Verso announced that it will be acquired by BillerudKorsnäs to boost business in North America, Creates a cost and quality advantage for one of the major providers of virgin fibre paper and packaging.

Key Companies Profiled

  • Mondi Plc
  • Smurfit Kappa Group Plc
  • Nippon Paper Industries Co, Ltd
  • Stora Enso Oyj.
  • BillerudKorsnäs AB
  • Gascogne Papier SAS
  • Sappi Limited
  • Asia Pulp & Paper (APP) Sinar Mas
  • Heinzel Group
  • Papelera de Brandia, S.A.

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Machine Glazed Kraft Paper Market By Category

By Basis Weight:

  • 18 to 30 GSM
  • Above 30 GSM

By Grade:

  • Unbleached
  • Bleached

Application:

  • Bags & Pouches
  • Sacks
  • Wraps
  • Labels & Release Liners
  • Envelopes
  • Coating 7 Laminations
  • Trays, Cups & Bowls
  • Others (Gift Wrap etc.)

By End Use Industry:

  • Food & Beverages
  • Healthcare
  • Electrical & Electronics
  • Automotive
  • Personal care &  Cosmetics
  • Textile
  • Building & Construction
  • Household

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Coffee Filter Paper Market likely to Grow Moderately at 4.9% CAGR during the assessment period 2022 – 2030

The global coffee filter paper market is bound to grow on a reverberating note between 2022 and 2030, reaching US$ 877.8 Mn by the year 2030, at a CAGR of 4.9%. Rising demand for coffee as a part of routine has created a significant demand for coffee filter paper in the last couple of years.

Manufacturers are enjoying consistent demand for coffee filter papers as the rising consumption of coffee is not just seen in the matured markets of Europe and North America, but also in rapidly growing and developing markets in South and East Asia.

Global coffee consumption increased by 1.3% in FY 2020-22, as social distancing measures were enforced, reports the International Coffee Organization. While analysts project a significant upswing, apprehensions abound regarding a possible deficit onset. According to Brazilian forecasting agency CONAB, less than 50 million bags are likely to be harvested in April 2021, compared to 63 million bags the previous year. Hence, sales of coffee filters are likely to take a dip for the short term.

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Fortunately, markets such as India are expected to post credible gains, with production likely to increase to 5.3 million bags, stimulated by favorable weather as yields of Arabica and Robusta varieties improve. In spite of the inconsistencies in coffee production, demand for coffee filter will continue rising amid adequate supply of coffee across organized retail sectors.

Key Takeaways from FMI’s Coffee Filter Paper Market Study

  • By product type, cone and basket coffee filters to generate half of the total revenue
  • 20 to 40 GSM coffee filter papers to expand nearly twofold throughout the forecast period
  • High uptake is expected across institutional frameworks, generating over US$ 100 Mn incremental opportunity
  • Preference for unbleached coffee filters is expected to register a significant incline
  • US to account for over four out of five coffee filter paper sales across North America
  • Growing number of specialty coffee shops to fuel sales across the UK
  • Brazil to remain the global coffee filter paper powerhouse, given its lucrative share in global coffee production

Coffee Filter Paper Market- Prominent Drivers

  • Increasing demand for paper based packaging to promote sustainability is heightening sales
  • Easy availability attributed to the widening development organized retail is increasing coffee filter paper penetration
  • Emerging markets such as Brazil & India are expected to emerge as key coffee filter paper manufacturing hubs, attributed to increased coffee production

“Prominent manufacturers are increasingly targeting emerging economies across the Asia-Pacific and South America, given their heightened global coffee production volumes, generating highly lucrative revenue pools for the upcoming forecast period,” remarks an FMI analyst. 

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Competitive Landscape

Leading coffee filter paper manufacturers across the continents are continuously emphasizing on product innovation and put customer’s convenience in the epicenter. This can be exemplified by Melitta’s coffee filter paper, which comes up with measure markings on filter paper, each equivalent to two tablespoons for easy, consistent filling. Similarly, BV Filtropa, another Europe-based coffee filter paper manufacturer, offers different sizes of coffee filter paper, which is compatible with all types of domestic coffee drip machines which ultimately facilitates the coffee brewing process.

Key Companies Profiled

  • Ahlstrom-Munksjö Oyj
  • Riensch & Held GmbH & Co.KG
  • BV Filtropa
  • TERRANOVA PAPERS SA
  • Neu Kaliss Spezialpapier GmbH
  • Melitta
  • Glatfelter Corporation
  • Purico Group Limited
  • KONOS GmbH
  • Animo B.V

Key Segments Covered in Coffee Filter Paper Industry Research

Product Type           

  • Cone Filter
  • Basket Filter
  • V Cone Filter
  • Disc Filter
  • Drip Bag Coffee Filter
  • Others

Material Type

  • Bleached Paper
  • Unbleached Paper

Thickness

  • Up to 20 GSM
  • 20 to 40 GSM
  • Above 40 GSM

End-Use

  • Commercial Use
  • Institutional Use
  • Household Use

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Thermal Insulation Packaging market is expected to be worth US$ 68.3 Bn

The global thermal insulation packaging market is set out to reach US$ 247.1 Bn by the year 2030 at a substantial CAGR of 17.2% between 2022 and 2030. Global supply chains have created the need for thermal insulation packaging. Distribution of food and beverages and pharmaceuticals have intensified the demand for reliable thermal insulation packaging solutions. High emphasis on the regulatory compliance of food and pharmaceutical products is also driving the need for thermal insulation packaging to ensure integrity of the products.

FMI, in its latest Thermal Insulation Packaging market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Thermal Insulation Packaging market.

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What role will technology play?
“Technology to improve Temperature Monitoring and Safety”

It is getting more and more popular and affordable to use data recorders with temperature sensors and USB connection connections. These loggers, which resemble labels, are simple to attach to the package, continuously monitor temperature conditions, and give a detailed summary of time and temperature information. Additionally, battery-operated data loggers can include cutting-edge technologies like RFID, WiFi, and GPS and offer real-time data on temperature variations.

Some of the products offered under this category include BIOmed Xpress PDF Temperature Monitoring Label, PakSense, Cold Chain Logger CCL100, Vaisala, and TempTRIP.

Competitive Landscape

Companies operating in the thermal insulation packaging market are aiming at strategic collaborations with technology partners. High investment in technology such as cloud computing and IoT solutions are expected to aid thermal insulation packaging market in multiple ways. These improvements promise better control, visibility, accountability for thermal insulation packaging solutions.

With IoT cold chain monitoring systems issues can be handled without any delay.

  • Sonoco ThermoSafe launched Orion r®, which is a temperature controlled box rental service. It would also offer optional on board telemetry, which provides access to cloud based temperature to the biopharmaceutical clients. This enhances visibility and ensures quality of the products.

Key Companies Profiled

  • Emball’ISO
  • Sonoco ThermoSafe
  • Pelican Products, Inc.
  • Cold Chain Technologies, Inc.
  • Sofrigam SAS
  • CSafe Global, LLC
  • Insulated Products Corporation
  • Cryopak Industries Inc.
  • Snyder Industries, Inc.
  • va-Q-tec AG
  • Inmark LLC
  • DGP Intelsius Ltd.

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Key Segments Covered in Thermal Insulation Packaging Industry Research

Packaging Type      

  • Passive Packaging
    • Single Use or One Way use Packaging
    • Multiple Use or re-usable Packaging
  • Active Packaging
    • Reefer trucks and Containers
    • Active Pallet Containers
  • Cold Storage
    • Refrigerators
    • Freezers

Insulation Material

  • EPS
  • PUR
  • VIP
  • PCM
  • Others

Temperature Range

  • Less than -40°C
  • -20 to -40°C
  • -1 to -20°C
  •  0 to 10°C
  • 10 to 25 °C

Application

  • Food and Beverage
  • Pharmaceuticals
    • Vaccines
    • Blood Banking
    • Others
  • Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

3.2.1. Trends by Packaging Type and Application (Reusability, Size Preference, Eco-friendly Material, Coolants/PCM/Dry Ice)

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Shrink Sleeve Label Applicator Market is projected to grow at a rate of 5% by 2030

According to projections, the market for shrink sleeve label applicators would be worth US$ 1.1 billion globally in 2022 and US$ 1.6 billion by 2030, growing at a CAGR of 5.0%. According to Future Market Insights’ annual market estimate, the food and beverage categories will collectively generate US$ 614 million in sales from shrink sleeve label applicators in 2022.

The shrink sleeve label applicator market in China is predicted to rise by 4.1% annually in 2022, defying earlier concerns about how the sector would fare in the event of a global pandemic. In China, the total revenue from sales of shrink sleeve label applicators is anticipated to reach US$ 144 million in 2022.

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Shrink sleeve label market – Important Highlights

  • Amongst end-use industries, the beverage industry is estimated to invest the most in the shrink sleeve label applicator packaging, owing to its rising popularity
  • According to product type, Labelling speeds over 600 BPM is estimated to gain importance in the future, showing a CAGR of more than 5.5%, because manufacturers are depending upon quick packaging strategies.
  • China is estimated to hold the major market valuation with a CAGR of 5.9% during the estimated period, owing to its huge growth in the beverage industry.
  • Germany remains the most lucrative market in Europe during the projected years because market growth is supported by rising sustainability concerns amongst manufacturers and consumers alike.

Shrink sleeve label market – Drivers

  • Rising environmental awareness will spur the growth of the eco-friendly shrink sleeve level market during the projected years.
  • An increase in demand for the beverage industry will continue to drive market growth.
  • The latest technological advancements in the shrink sleeve label applicators landscape are estimated to help widen expansion prospects for the forthcoming decade due to an increase in demand for minimal downtime and maximum output.

Shrink sleeve label market – Restraints

  • Due to its presence of polymers, a major cause of concern among manufacturers is the limited degree of recyclability of shrink sleeve labels.
  • It is difficult for the shrink sleeve label applicator market to cope up with the latest technologies that directly label the container instead of depending upon a film, which promises to remove the environmental concerns too.
  • Their functionality is decreasing as businesses are focusing on marketing their products online.

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Competitive Landscape

The key manufacturers operating in shrink sleeve label applicator market are focusing on increasing their production capacity to meet the increasing demand for shrink sleeve label applicator. Moreover, the key players are increasing their product portfolio to cater for the growing shrink sleeve label applicator market.

  • In 2021, a company known as BW Packaging Systems changing its shrink sleeve technology. Downgauging has become a popular trend in shrink sleeve films and upgrade their software to increase end user accessibility.
  • In 2021, a company named The Fresh Factory a mission-driven platform for plant-based and clean-label food and beverage brands, is excited to announce a partnership with Inovar Packaging and the installation of a new high-speed shrink-sleeve labeling machine, enabling the Company to expand its capabilities and growing list of services.
  • In 2021, AB Graphic International (ABG) has rebranded a range of Enprom Solutions’ smart shrink sleeve machines to expand its offering.

Key Companies Profiled

  • Fuji Seal International, Inc.
  • Krones
  • KARALILLE
  • FINPAC
  • DASE-SING
  • Xu Yuan Packaging Technology Co., Ltd.
  • Esleeve
  • Pack Leader
  • King Hong
  • DELMAX MACHINERY
  • Benison
  • MAGIC SPECIAL PURPOSE MACHINERIES PVT. LTD.
  • Maharshi

Shrink Sleeve Label Applicator Market by Category

By Automation, Shrink Sleeve Label Applicator Market is Segmented as:

  • Semi-Automatic
  • Automatic

By Labelling Speed, Shrink Sleeve Label Applicator Market is Segmented as:

  • Up to 200 BPM
  • 200 BPM to 400 BPM
  • 400 BPM to 600 BPM
  • Above 600 BPM

By Container Diameter, Shrink Sleeve Label Applicator Market is Segmented as:

  • Up to 50 mm
  • 50 to 100 mm
  • 100 mm to 150 mm
  • Above 150 mm

By End Use Industry, Shrink Sleeve Label Applicator Market is Segmented as:

  • Food
  • Beverages
  • Pharmaceutical
  • Chemical & Fertilizers
  • Cosmetics & Personal Care
  • Construction
  • Automotive
  • Other Consumer Goods
About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports