Market Research Blog – Page 10209 – New Product Development

Clear Plastic Boxes Market Size to Reach US$ 153.65 Billion by 2032 | CAGR of 4.4%

The consumer packaging market has witnessed a substantial growth in recent few years that in turn raised the sales of clear plastic boxes over the forecast period. However, the rise in the purchasing power of buyers is expected to impel the growth of clear plastic boxes.

In addition, younger generation constantly inclined to take products which have a higher end look. As a result of this cosmetic manufacturing companies are mainly focusing on attractive, efficient and portable packaging solutions along with quality.

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Furthermore, consumer product manufacturing companies also launch their products in the international market where brand positioning of the product depends on its packaging as a result of this clear plastic boxes have seen considerable growth over the forecast period 2017-2025.

Moreover, due to strict norms from the government for the usage of plastic are hampering the market for clear plastic boxes. Another challenge faced by the market for clear plastic boxes are the problems related to the compatibility for the use of direct to substrate printing.

In recent years, flexible packaging has shown a dynamic shift in the packaging market across the globe. Flexible films manufacturers are supporting the demand for technological innovation in the packaging materials. Packaging manufacturers are presenting aesthetic and innovative looks in the packaging of the product to have a competitive advantage over the rivals.

Nowadays packaging is not just used to protect the product but also for giving convenience to the customers. Clear Plastic boxes are characterized by the robustness from the strength derived due to rigid plastics. Makers are furthermore hoping to overhaul the buyer base by customization in order to fulfill the customer’s need.

To have the upper hand on the market, manufacturers are presenting clear plastic boxes which can store objects or gadget with an unpredictable shape to expand the new customer base.

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Global Clear Plastic Boxes Market – Regional Overview

The global clear plastic boxes market can be divided into seven major regions which are as follows:

North America
Latin America
Eastern Europe
Western Europe
Asia-Pacific excluding Japan
Japan
Middle East & Africa

Asia Pacific region is expected to witness the highest growth for clear plastic boxes market over the forecast period 2017-2025. North America is anticipated to dominate the market for clear plastic boxes over the forecast period. Europe being a mature market is expected to witness a steady growth for clear plastic boxes market throughout the forecast period.

Latin America is expected to have a stagnant growth for clear plastic boxes market over the forecast period. Middle East & Africa region would also have a steady growth over the forecast period for clear plastic boxes market.

Global Clear Plastic Boxes Market – Key players

Few of the key players in the clear plastic boxes market are Hip Lik Packaging, Scatolificio Cristina Srl, Transparent Packaging, Inc., Gel-Pak, LLC, Hager & Werken GmbH & Co. KG, Ted Pella Inc., Structure Probe, Inc., UrCooker Industrial Co., Ltd., Tiger’s Plastics, Inc., WEISHENG Commodity & Package Co., Ltd., Maxbourne Industrial Co., Ltd., Ningbo Hinix Hardware Industry & Trade Co., Ltd., Fuzhou CrysPack Opto-Electronic Technology Co., etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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Global Clear Plastic Boxes – Market Segmentation

The global clear plastic boxes market can be segmented by the material type, by product type, by capacity and by end user base.

On the basis of material type, the global clear plastic boxes market is segmented into:

Polyethylene Terephthalate (PET)
Poly Vinyl Chloride (PVC)
Polypropylene (PP)
Polyethylene (PE)
Others

On the basis of product type, the global clear plastic boxes market is segmented into:

Single hinged
Double hinged
Clasp

On the basis of shape, the global clear plastic boxes market is segmented into:

Round
Rectangular
Other customized shapes

On the basis of application, the global clear plastic boxes market is segmented into:

Optics and Lenses
Food items
Footwear
Clothes
Jewelry
Electrical parts
Others

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Forecast for the Global Submersible Pumps Market 2022, Current and Future Industry Landscape Analysis 2031: FMI

The submersible pumps market is expected to record a year-on-year increase of 4.6% in 2021, with the overall valuation totalling US$ 8.80 Bn in 2021. As per a recent estimation of FMI, sales of submersible pumps are expected to increase at a 5.1% CAGR between 2021 and 2031.

According to the study, the overall submersible pumps market valuation is forecast to top US$14.45 Bn by 2031. Borewell submersible pumps will remain highly sought-after. Meanwhile, the sales of open well submersible pumps will increase at a steady pace, exhibiting growth at a 5.7% CAGR between 2021 and 2031.

Base Year Value (2020A) US$8.42 Bn Estimated Year Value (2021E) US$8.80 Bn Projected Year Value (2031F) US$14.45 Bn Value CAGR (2021-2031) 5.1% Collective Value Share: Top 3 Countries (2021E) 33.5%

In the last few years, water stress has been a leading concern across the world, which has, in turn, fuelled the demand for new water sources to fulfil the industrial as well domestic water needs. Wastewater treatment is becoming more popular around the world as means to relieve water scarcity, which is also driving the global submersible pumps markets.

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Sales of submersible pumps were however dampened due to the outbreak of the COVID-19 pandemic. Disruptions in the supply chain and suspended production activities in the oil and gas sector resulted in stagnated demand for submersible pumps.

Submersible pumps manufacturers are focusing on launching cost-effective and high-efficiency products to improve sales. Governments of emerging economies in Africa and Asia, particularly in countries such as India, China and South Africa, are increasing efforts to improve access to drinking water in rural as well as urban areas, which in turn is benefiting the market.

“Initiatives undertaken by governments for wastewater management and encouraging the use of technologically-driven equipment in the agricultural sector are expected to spur the demand for submersible pumps,” said Future Market Insights analyst.

Key Takeaways:

By product type, borewell submersible pumps are expected to account for half of the global market in terms of revenue by the end of the forecast period. By head type, above 100 m pumps are expected to gain popularity over the forecast period owing to increasing demand for water distribution applications. By Application, demand from the municipal sector is anticipated to grow at 5.5% CAGR over the forecast period. East Asia has the leading share in terms of volume. However, Europe is projected to account for the highest value share. Industrialization in the emerging economies of Asia will increase the demand for submersible pumps over the forecast period. China and Japan will continue spearheading growth in East Asia.

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Competitive Landscape

Some of the key submersible pumps manufacturers include

Kubota Corporation, Wacke Neuson Group, Atlas Copco, ABKSB SE & Co. KGaA, Xylem Inc.,Ebara Corporation, Grundfos, Sulzer AG, The Weir Group PLC, Tsurumi Manufacturing Co., Ltd. Kriloskar Brothers Ltd., Flowserve Corporation.

The global submersible pumps market is fairly fragmented owing to the presence of several players across the globe. Moreover, the leading share in the market is accounted for by unorganized players which are estimated to be at around 50%-55%. Key market players are focusing on research and development to expand their product portfolio. Besides this, they are actively investing in mergers, acquisitions, and strategic collaborations to expand their global footprint.

About Future Market Insights (FMI)

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Lidding Films Market Value to Grow by Almost US$ 34.02 Billion During 2022-2032

Packaging has become the most essential component of end user industries. Nearly everything that is available in the market is neatly packed for various purposes. Ensuring safety of consumer goods along with increasing the shelf-life of products is increasing the dependency on packaging.

This has led to various end user industries using lidding films for packaging products. Despite of using various products for packaging such as plastic or paperboard, the need for keeping the product away from contamination has led to various end user industries using lidding films.

According to Future Market Insights, the lidding films market is anticipated to flourish at a 6% value CAGR from 2022 to 2032. By 2022-end, the market is poised to reach a valuation of US$ 19 Billion, and further to US$ 34.02 Billion

Lidding films come under the category of protective packaging and help the product stay safe for longer durations. This has led to most manufacturers relying on lidding films to package their products neatly. Advancement in technology for packaging products and producing materials that are highly tensile is playing a key role in the development of lidding films.

Food and beverages industry is the largest contributor to the lidding film market. this is owing to the increasing demand for increasing the shelf-life of packaged food products along with keeping them contamination-free.

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Moreover, the development of environmentally friendly lidding films is bolstering the usage of the same. Thus, not only are lidding film manufacturers focusing on keeping products safer but also becoming environmentally conscious.

Demand from developing and developed regions such as North America, Europe and Asia Pacific for packaged foods is increasing the revenue for lidding films. In the upcoming years, the production strategy of lidding films is expected to become eco-friendly. This, in turn, is expected to boost the sales of lidding films.

Lidding Films Market Overview

Recent years have seen a dynamic shift in the manufacturing of the product and its packaging. Lidding Films manufacturers are mainly focusing on upgrading new technology and implementing it in packaging materials. Lidding Films are usually used for covering trays, tubs, bowls, cups, etc. due to the strength it possesses such as high tensile, heat resistance and stability.Lidding Films are also eco-friendly and are available in the biodegradable form which is helpful for protecting environmental. In addition, lidding films also increases the shelf life of the product due to its high barrier resistance. Lidding films are also useful in cargo packaging due to its high tensile strength. Lidding Films are also process optimized which helps in giving a cost effective due to the cheaper raw material.

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Global Lidding Films – Market Dynamics

Lidding Films hold escalation due to upsurge demand for food packaging and this resulted in the expansion of the sales for lidding films so that it can provide extended shelf life to the products and this trend is expected to grow over the forecast period 2017-2025. Lidding Films market have seen an increase in the penetration of retail outlets in Asia Pacific region which are driving the demand for lidding films market.In addition, lidding films market is positively influenced by the change in lifestyle of developing countries across the globe and are fueling in demand. With the increasing population, the need for packaging of fresh food is increasing which has created a significant opportunity for lidding films.However, lidding films are not able to protect the food products from physical and chemical damage externally which can create a restraint for its market. Furthermore, lidding films have concerns regarding the environmental effects of the use of plastic disposal from the government.

Global Lidding Films – Key players

Few of the key players in lidding films are Sealed Air Corp, Amcor Limited, E.I. du Pont de Nemours & Co, Bemis Company, Inc., Berry Global, Inc., Winpak Ltd., Plastopil Hazorea Company Ltd, Danafilms Corp., Cosmo Films Ltd, Flexopack SA, Chaozhou Chaoan Keneng Print Co., Ltd., Jiangmen Pengjiang Hualong Packing Materials Co., Ltd, Shantou Weiyi Packaging Co., Ltd., Zhongsu New Materials Technology (Hangzhou) Co., Ltd., Dongying Jiachuan Commerce And Trade Co., Ltd., etc.Amcor Limited launched a new innovative range of lidding films which are fully recyclable. Cosmo films launched a new range of universal lidding films which can be used for all types of thermoformed plastic containers.The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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Global Lidding Films – Market Segmentation

The lidding films can be segmented by the product type, substrate, by application, and by end use industry.On the basis of product type, the global Lidding Films is segmented into:

Dual-Ovenable Lidding Films
Specialty Lidding Films
High Barrier Lidding Films
Breathable Lidding Films

On the basis of substrate, the global Lidding Films is segmented into:

PE
PET
CPET
APET
RPET
PP
PVC
HIPS
Paperboard
Others

On the basis of application, the global Lidding Films is segmented into:

Fresh Food
Frozen Meals
Meat, seafood & poultry
Dairy products
Pet food
Industrial
Others

On the basis of end use industry, the global Lidding Films is segmented into:

Packaging
Cosmetics & Personal Care
Pharmaceutical
Automobiles
Electrical & Electronics
Chemical
Others

Baby Powder Market is Predicted to Grow at 5.20% CAGR Through 2032

The global Baby Powder Market size is anticipated to surpass a valuation of US$ 1.44 Bn through 2029 and increase at a rate of around 5.20% CAGR. Significant market tailwinds are being produced by consumers’ shifting preferences for organic components in baby talc. As a result, the market’s overall revenues increased 5% in 2022 over the previous year.

Numerous research over the previous few years have suggested that talcum powder poisoning can occur when talc-based baby powder is breathed. When talc is ingested, symptoms include fever, coughing, twitching, difficulty breathing, collapsing, convulsions, and even death. As a result, producers are substituting plant-based ingredients such cornstarch, arrowroot, rice powder, baking soda, and tapioca starch for talcum as the foundation component.

For instance, Johnson & Johnson Company, the market leader in baby powder, expanded their line of products by introducing three variants of baby powder that are corn-starch-based.

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Key Takeaways of Baby Powder Market Study

Talc-based baby powder was a dominant segment in the market. However, corn-starch-based baby powder is expected to gain considerable traction during the forecast period, attributable to perception of corn-starch as a safer and organic ingredient with relatively larger particles as compared to talc.
North America and Europe combined account about 50 percent of market share in global baby powder market owing to high penetration rate in these regions.
The premium price products segment is estimated to witness a significant CAGR growth in the global baby powder market over the forecasted period, owing to premiumization of baby powders associated with high safety and quality standards.
The product availability of conventional baby powder is high in the market as compared to organic baby powder. Also, organic baby powder are relatively expensive. As a result, conventional baby powder has high sales.

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Developing Countries to Offer Lucrative Opportunities
For the past decade, developed countries dominated the baby powder market owing to product availability and awareness among consumers. However, this trend is shifting towards the emerging markets. Countries such as Niger, Uganda, and Nigeria, are anticipated to have the highest birth rates in the forecast period. Therefore, the Middle East and Africa is considered a highly lucrative market for manufacturers of baby powder.

Moreover, countries such as China and India have a massive population, out of which approximately 20% are babies. Generating general awareness among the population in such developing countries is expected to create numerous opportunities in the current market scenario.

Who is Winning?
Some of the key players operating in the baby powder market are Artsana Group, Asahi Group Foods Ltd., The Burt’s Bees, California Baby, Chattem, Inc., GLÜKi Organics, Johnson & Johnson, Kimberly-Clark Corp, Libero, Lion Corporation, Mamaearth, Mann & Schröder GmbH, Mee Mee, Mothercare, Oriflame Holding AG, Osotspa Company Limited, Pigeon, Prestige Consumer Healthcare, Inc., Procter & Gamble Co., PZ Cussons, Surefil an Abaco Partners Company, The Himalaya Drug Company, Wakoda, Wyeth, and others.

Several prominent and emerging market players are significantly investing in research and development activities to introduce new corn-starch based baby power. Besides this, global market players are acquiring the small scale and new entrants in the market those are offering either herbal products or organic products. They are also willing to spend more on promotion and marketing of products through pediatricians and doctors. This way consumers develop a belief on the safety of the products.

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Baby Powder Market By Category

Ingredient:

Talc-based
Corn-starch-based

Price:

Mass
Premium

Nature:

Conventional
Organic

Sales Channel:

Direct Sales
Modern Trade
Convenience Stores
Departmental Stores
Specialty Stores
Mono Brand Stores
Online Retailers
Drug Stores
Other Sales Channels

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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About Future Market Insights (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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3D Printed Wearable Market is Anticipated to Expand at A 8% CAGR Over the Forecast Period

The 3D printed wearable market size is estimated at US$ 3.6 Bn in 2022 and is projected to reach US$ 7.2 Bn by 2029, at a CAGR of 6.5% from 2014 to 2021.

According to the study, the 3D printed wearables industry remains influenced by manufacturers’ focus on partnerships with technology providers to eliminate traditional limitations for design innovations.

Sensing the potential and consumer demand for 3D printed wearables, manufacturers have introduced a wide range of products – from footwear and clothes to jewelry and sports accessories. The report finds that 3D printed footwear will remain the top-selling category, accounting for one-fourth market share.

3D printing is expected to be the future of bespoke fashion, making mass customization mainstream, while optimizing use of resources.

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3D printing holds significant potential in enhancing product developments in the wearables industry, enabling manufacturers to create prototypes and establish a proof of concept. Although high initial cost of 3D printers does remain a key concern, the low cost of operations and the convenience element are expected to offer long-term benefits for manufacturers.

According to the study, the footwear industry has taken the lead in the adoption of 3D printing technology, with product offerings that range from shoes to insoles with personalized design. This trend of custom-made solutions in the footwear industry is likely to encourage companies to improve their processes and realize measurable returns on their investment.

The role of 3D printing in revolutionizing the manufacturing process as a whole while enabling mass production of customized products, is expected to complement future growth of the 3D printed wearables market.

Stakeholders Vying for Untapped Opportunities in the Medical Sector

This study opines that the scope of 3D printing technology is extensive in the field of medical wearables, and has created opportunities hitherto unforeseen in surgical and medical fields. Research in this sector has been inclined towards making living tattoos that act as sensors, to making viable organs that could revolutionize the transplantation process and printing bacteria for potential applications in the medical field.

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The convenience of providing the accessibility of information to consumers, and tracking and monitoring their healthcare needs, is one of the leading aspects governing the attraction toward and adoption of medical wearables. This has led to a better understanding of conditions, for greater control over the end result. Even as the functionality of wearables increases, growing security risk is expected to be a major concern holding back the rate of progress in the field.

The study finds that 3D printed wearable manufacturers will benefit from of new solutions that feature mixed material printing. Key players in the market are partnering with engineers, mathematicians and architects for creating high-end 3D printed wearables for the future, which would feature added functionalities and improved accessibility to a wider array of data.

As more wearable manufacturers turn to 3D printing for accelerated production and waste reduction, gains in the market are expected to surge at a significant pace in the foreseeable future.

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According to the study, Europe and North America remain lucrative markets for 3D printed wearables, collectively accounting for ~70% shares. This can be attributed to a notable rise in the number of wearable startups, along with focus of key players on shifting their portfolio from fundamental wearables to smarter products with higher degrees of functionality.

The study offers a long-term forecast for the 3D printed wearables market for the period between 2021 and 2029. The 3D printed wearable market is projected to record a ~9% CAGR through 2029.

Frequently Asked Questions

What is the current 3D Printed Wearable market value?
At what rate did the global 3D Printed Wearable market grow between 2013 and 2021?
What are the key trends driving 3D Printed Wearable sales?
Who are the leading players in the global 3D Printed Wearable market?
What will be the demand outlook for the South Asia 3D Printed Wearable market?
What is the market share of the leading players operating in the 3D Printed Wearable market?
What is the 3D Printed Wearable demand outlook for Latin America?

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Capillary Underfill Material Market Assessment and Key Insights Analyzed Till 2027

Underfill materials are fused formulations of inorganic fillers and organic polymers which can be used as a semiconductor packaging to attain better quality of thermo-mechanical presentation. Polymer adhesives are mainly used to underfill material which distributes the mechanical stress at the joint which happens due to the modification in the thermal expansion factors.

Numerous amine and phenolic based epoxy things are used in semiconductor packaging industry for underfill material. High thermal constancy and rework ability are preferred characteristics for underfill material in the semiconductor packaging industry which are used in various packaging techniques such as chip scale packaging (CSP), ball grid array (BGA), and flip chip, etc.

Molded underfill (MUF), Capillary underfill (CUF) and no flow underfill (NUF) are some techniques which are used in underfill materials. The global semiconductor packing trade (underfill material parent market) is expected to frequently expand at high growth rates in the anticipated period.

The Capillary Under fill material are used to encapsulation of the bottom side of a silicon die, encapsulation can be defined as a top surface where delicate parts are interconnected, but in capillary underfill material it interconnects on the bottom side of the die.

An effective underfill process outcomes in complete encapsulation of the bottom side of the die which is free from air entrapment with an even meniscus on all 4 sides, if in encapsulation the bubbles are present, it may cause defect during normal operating temperatures due to the expansion of the gas in the void.

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Global Capillary under fill Material Market: Segment Overview

Among application, the flip-chip segment is anticipated to grow at rapid pace in the forecast period as the demand for smaller, lighter and cost effective devices is seeking the attention towards the capillary underfill material.

Global Capillary underfill Material Market: Regional Outlook

On the basis of the geographical market segment, it is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and the Middle East and Africa.

In regional segments, Asia-Pacific is the leading market for the Global Capillary under fill Material Market and is anticipated to continue its position during the forecast period followed by North America and Europe. Asia-Pacific is considered as a most attractive market in terms of revenue for Global Capillary underfill Material.

The expansion is mainly attributed to increasing of the Underfill Material Market in developing nations like China. Taiwan is anticipated to the most attractive country during the forecast period. China has a tough competition with South Korea, as South Korea is the world leader in capillary underfill material market. The Middle East and Latin America is on the lower side in terms of demand for underfill material as compared to other regions.

Global Capillary underfill Material Market: Drivers

The Global Capillary underfill Material Market is expected to witness sustained growth over the forecast period. The growth of global capillary underfill material market is driven as there is favorable growth in the recent developments in the electronic industry is a major factor which will boost the global capillary underfill material market.

Global Capillary underfill Material Market: Key Players

Some of the players operating in the Capillary underfill Material includes Namics Corporation, Zymet, Nordson Corporation, Epoxy Technology Inc., YINCAE Advanced Material, LLC, H.B. Fuller, Master Bond and Henkel Ag & Co. Kgaa, and few other regional players.

According to the research report, above players are increasingly investing in research and developmental activities to develop solutions in order to improve their technological advancements and to enhance the product portfolio and broaden their consumer base.

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The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

The regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Capillary under fill Material Market: Segmentation

Based on the Product Type, Capillary underfill Material market can be segmented into:

No Flow Underfill Material
Molded Underfill Material
Others

Based on the Application, Capillary underfill Material market can be segmented into:

Flip Chips
Ball Grid Array (BGA)
Chip Scale Packaging (CSP)
Others

Lip Powder Market is New and Has High Growth Potential in The Beauty and Personal Care Product Market

The lip powder market size is estimated at US$ 439.7 Mn in 2022 and is projected to reach US$ 592.1 Mn by 2027, at a CAGR of 6.1% from 2022 to 2027. The share of the lip powder market in its parent market (cosmetics market) is close to ~0.5%-2%.

Roughly equating US$ 350 Mn in 2022, the global Lip Powder Market revenue is poised to see an impressive growth outlook over next eight years. According to a market report published by Future Market Insights, titled ‘Lip Powder Market: Global Industry Analysis and Opportunity Assessment 2022-2027,’ lip powder products sales will account for a healthy CAGR of just-under 6% during the forecast period (2022-2027). APEJ (Asia Pacific excluding Japan) will continue to hold the highest revenue share in the lip powder market, says the report.

Potential Superiority over Lipsticks & Other Conventional Lip Products Accounts for Billowing Sales of Lip Powder

The lip powder market is yet to reach its peak of growth and currently reflects a high growth potential in the beauty and personal care products industry, as indicated in FMI’s study. Lip powder is considered the latest trend or evolution in lipsticks that offers several advantages over conventional lipsticks, which is among the key factors driving popularity of lip powder.

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Globally, the lip powder market is gaining traction due to the advantages of lip powder over conventional lipsticks. Lip powders are infused with hydrating oils and Vitamin E, which provide a smooth and long-lasting finish. One of the unique features of lip powder is the combination of matte and shimmer, which is hard to achieve with conventional lip products.

Unlike conventionally used lipsticks, lip powder gets absorbed into the lips and provide them with a smooth texture with long-lasting color and vibrant look. Introduction of innovative beauty products continues to encourage a large number of people to experiment with choices of products as well as brands, and lip powder marks one of the recent hottest trends in the beauty and cosmetic industry.

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Product Innovations – Key to Success in Lip Powder Market

Currently, lip powders are available in the market in two forms – viz. palettes and pen. Both these forms are different by nature and by methods of application. Lip powder palettes that currently account for more than 55% of total sales will remain the strongest selling product category, according to FMI. The report attributes dominance of lip powder palettes over lip powder pens to higher convenience associated with the former.

Rapid product innovations and the ever-evolving retail landscape are likely to be the key factors associated with strengthening of distribution channels, for leading players active in lip powder market.

However, lip powders have certain limitations, which are likely to restrain the growth of the market. These limitations include the perception or fear of exposing any flaws in the lip texture. Several consumers also doubt applicability of lip powder on a daily basis and find it gaudy over routine lipsticks. In addition, lip powder is yet to completely enter the comfort zone of a majority of women’s cosmetic regime, which will remain a challenge to rapid growth of the lip powder market.

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Key Players in the Lip Powder Market Profiled in Report

Deep-dive analysis of strategic profiles of key companies operating in the lip powder market are covered in the global lip powder market report, in a bid to help participants understand and evaluate their key products offerings, strategies, and recent developments.

Some of the key participants profiled in the global lip powder market report include Maybelline LLC, Urban Decay Cosmetics, BUXOM Cosmetics, Clinique Laboratories LLC, CLE COSMETICS, Lique Cosmetics Company, Revlon, Inc., Cult Beauty Company, CHANEL Company, Essence Cosmetics Company, Sephora USA, Inc., Huda Beauty Company, L’Oréal S.A., NYX PROFESSIONAL MAKEUP, and Christian Dior SE.

Cup Carriers Market to Reach US$ 528.5 Mn, Globally, by 2032 at 5.1% CAGR : Future Market Insights

The global cup carriers market is expected to reach a valuation of US$ 320.9 Mn in 2022. Sales are projected to gain traction at a 5.1% CAGR over the assessment period, with the market valuation reaching US$ 528.5 Mn by 2032.

Cup carriers have grown popular due to their availability in different sizes and designs. In addition, the food and beverage companies use cup carriers as they are the best solution for take away businesses such as restaurants and business concepts such as kiosk kitchens.

Manufacturers and distributors also provide various brand designs on the cup carriers, which not only serve as a carrier but also help with branding. In addition, with time, consumers are becoming more environmentally conscious, which has increased the sales of paper, wood, and double molded pulp cup carriers.

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Consumers are now becoming more health and environment conscious. Eco-friendly cup carriers are going to rule the market, as they are degradable completely within a few days and the government and various efforts from other organizations would help the cup carrier market to get good holding. Consumers prefer cup carriers, which are better in quality and are less harmful. Paper and wood would be prominent materials to drive the cup carriers market. Molded pulp is the packaging material which is made out of recycled paperboard or newspaper. It is sustainable packaging material which can control the growing environmental issues.

“Increasing preference for eco-friendly and sustainable packaging solutions across various industries, along with expansion in the foodservice sector will drive sales in the market over the forecast period,” says an FMI analyst.

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Global Cup Carriers Market by Category

Material:

Plastic
Paper
Wood
Molded Pulp

Carrying Capacity:

Single Cup
02 Cups to 04 Cups
Above 4 Cups

End Use:

Foodservice
- Quick Service Restaurant
- Hotels
- Restaurants
- Cafes
- Others
Institutional
Household

Key Takeaways:

· Sales of plastic cup carriers are expected to increase 5.1 times by 2032.

· The market share of 02 Cups to 04 Cups is expected to be 83% in 2032.

· As per end-use industry, foodservice is the leading segment representing prominent demand for cup carriers.

· The Germany cup carriers market is slated to create an incremental opportunity of US$ 17.2 Mn.

· Sales in the China cup carriers market will gain traction at a 5.9% CAGR over the forecast period.

· East Asia and South Asia are expected to lead the global cup carriers market through 2032.

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Competitive Landscape

MULTIPAP, Green Paper Products, LLC, Huhtamäki Oyj, Georgia-Pacific Consumer Products LP, Sabert Corporation, Pactiv LLC, Southern Champion Tray, LP, Graphic Packaging International, LLC, PakTech, WestRock Company, CELLULOPACK SAS, Cascades inc, MULTI-WAYS PACKAGING, Colpac Ltd, Dreamfly Packaging Co.,Ltd, Napco National, Detmold Group,and Judin Pack Group are some of the leading players operating in the global cup carriers market.

Global Cup Carriers Market Report

Future market insights, in its new report, offers an unbiased analysis of the global market for cup carriers market by material (plastic, paper, wood and molded pulp), by carrying capacity (single cup, 02 cups to 04 cups and above 04 cups), by end use (foodservice (quick service restaurant, hotels, restaurants, cafes and others), institutional, and household), across seven regions.

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Cup Fill and Seal Machine Market Value to Grow by Almost US$ 3.0 Bn During 2022-2032

Wide applications of cups across product categories including dairy foods, fresh fruit juices, mineral water, etc. has compelled the need for technological advancements in the packaging equipment such as cup fill and seal machines. Cup fill and seal machines are easy to use and quick in functioning, allowing effective packaging support and efficiency in operations.

Cup fill and seal machines are capable of filling products of varied nature such as thick stews or liquid solutions like water. Packaging market has introduced a wide variety of single serve packaging systems into the market basically due to the increasing demands among the working population.

These cup fill and seal machines offer versatility and customizing capabilities as they have many customization options available for the user, including the rotary tables, multiple stations, output rates and different frame sizes.

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The global cup fill and seal machine market forms around 3% of the global packaging machinery market worth US$ 58 Bn in 2021.

According to the FMI analysis, the cup fill and seal machine market reached over US$ 1.8 Bn in 2021. The global cup fill and seal machine market is anticipated to register a CAGR of 4.8% during 2022-2032. The demand for the rotary machine type is increasing as the manufacturer are focusing on machines with the capability of filling various containers.

The cup fill and seal machine market is projected to boost with the increasing demand for rigid containers including cups in food industries. A new forecast by FMI analysis estimates that cup fill and seal machine sales will augment during 2022-2032 and is anticipated to create a growth opportunity of US$ 1.1 Bn.

North America and Europe are leading regions for cup fill and seal machine as the demand for automation in these regions is projected to create a growth opportunity for the cup fill and seal machine market during the forecast period.

Cup Fill and Seal Machine Market- Market Segmentation

The cup fill and seal machine market can be segmented on the basis of machine type, end use, cup material type, and lid type. On the basis of machine type, the cup fill and seal machine market can be segmented into automatic, semi-automatic, and manual machines where the automatic cup fill and seal machines are the major contributors to the market supply.

On the basis of end use, the cup fill and seal machine market is segmented into dairy products, salads, baked foods, confectioneries and others. On the basis of cup material type, the cup fill and seal machine market is segmented into plastic (PS, PE and PET) cups, paper/paperboard cups and aluminum cups. On the basis of lid type, the cup and fill machine market is segmented into straight seals, pre-cut lids, and others.

Cup Fill and Seal Machine Market- Regional Outlook

Cup fill and seal machine market is present all over the globe comprising of various local and international players whereas geographically, the cup fill and seal machine market can be segmented into five key regions namely, North America, Asia Pacific, Europe, Latin America and Middle East and Africa.

North America being the leading manufacturer of primary packaging also lead in the manufacturing of cup fill and seal machine, followed by Asia-Pacific and thus is anticipated to witness a significant growth over the forecast period. Europe is the emerging market for cup fill and seal machine market and expected to have a healthy growth over the forecast period.

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Cup Fill and Seal Machine Market- Key Players

Some of the key players of cup fill and seal machine market are Novapac Verpackungsmaschinen GmbH, Orics Industries Inc., Trepko A/S, Ilpra S.p.a., Robert Bosch GmbH, Packline Ltd, Serac Group SA, Amtec Packaging Machines, and Prasanna Packaging Machinery Pvt. Ltd.

The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil and Rest of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
Eastern Europe (Poland, Russia and Rest of Eastern Europe)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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PVC-Free Packaging Industry Research, Segmentation, Key Players Analysis and Forecast to 2028

PVC as a material has had turbulent times in terms of market acceptance. The government in many countries have agreed to restrict or ban the use of PVC in packaging and other applications, owing to its negative impact on human health. A number of countries such as Canada, Spain, South Korea, and Czech Republic, among others have decided to ban or restrict PVC packaging.

Several cities in the U.S., such as, Rahway, NJ and Glen Cove, New York have mandated that food packaging and utensils be PVC-free. The state of California has introduced the legislation to ban PVC, in 2009. A number of U.S. states have prohibited the use of certain metals packaging, which are specifically found in PVC packaging. As a result, many manufacturers have introduced PVC-free packaging formats to cater to the rising demand for such items. Give below are a list of PVC bans/restrictions implemented by key countries

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Global PVC-free packaging market: Research methodology

A robust methodology was adopted to arrive at the market size for PVC-free packaging. Both supply-side and demand-side analysis were performed for the same.

Supply-side analysis

Revenues of key manufacturers of PVC-free packaging were tracked, along with the segmental revenue generated from the sales of PVC-free packaging. The sources cited for the same include the companies’ annual reports and form-10Ks, along with paid databases.

Demand-side analysis

To arrive at the market size for PVC-free packaging, a number of primary interviews were conducted with industry experts, including C-level executives, sales & marketing heads, and independent consultants, to estimate the demand for PVC-free packaging, as well as the market scenario. The market size for PVC-free packaging was then validated through bottom-up analysis.

Global PVC-free packaging market: Key players

Some of the key players operating in the global PVC-free packaging market are –

Crown Holdings, Inc.
Amcor Limited
Sacmi Group
Tekni-Plex, Inc.
Constantia Flexibles Group GmbH
Selig Group
Technovinyl Polymers India Ltd.
World Bottling Cap, LLC
Danbury Plastics
Manufacture Générale de Joints SAS
Mexichem Specialty Compounds Inc.

PVC-free packaging: Significance

PVC has a high chlorine content which releases toxins, and makes its way up the food chain from animals’ fat. PVC exposure causes exposure to phthalates, which is harmful for human health. As a result, many packaging manufacturers are stressing the production of PVC-free packaging formats.

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PVC-free packaging: Key developments and trends

Demand for environment friendly packaging has generated more demand for packaging solutions which are PVC-free

In May 2017, Crown Holdings, Inc. launched a metal closure technology featuring a PVC-compound. The new metal closures are suitable for a wide range of pasteurized and sterilized products such as cooked vegetables. The closures are available with optional features such as spot gloss, gloss, metallic, matte, and embossed. These PVC-free closures are expected to be adopted by many food giants in the future, due to their sustainability.
In April 2017, Evonik Industries AG, which is a Germany-based specialty chemicals developer developed a new generation of heat seal binders for PVC-free packaging, with dairy as the main application area.

The road ahead

PVC-free packaging products are expected to gain prominence in the packaging industry, as government organizations in various countries implement stringent rules and regulations against the use of PVC in packaging materials, as well as in other industries. The global push for a PVC-free future is expected to further strengthen sales and generate demand for PVC-free packaging solutions. The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global PVC-free packaging market: Segmentation

Globally, the PVC-free packaging market has been segmented as –On the basis of product type, the global PVC-free packaging market is segmented as –

PVC-free Blisters
PVC-free closures
PVC-free Liners
Others

*The pricing has been calculated on the basis of product type, wherein, the weighted average prices for product variants was calculatedOn the basis of end use industry, the global PVC-free packaging market is segmented as –

Food & Beverages
Cooked vegetables
Pasteurized products
Others
Pharmaceutical
Cosmetics & Personal Care
Homecare
Chemical & Fertilizers
Others