Market Research Blog – Page 10365 – New Product Development

Marking and Coding Equipment Market is projected to reach US$ 1.8 billion by 2027, at a CAGR of 5.6%

The global marking and coding equipment market is estimated to value at US$ 1.3 billion in 2022 and is projected to reach US$ 1.8 billion by 2027, at a CAGR of 5.6%.

A recent market research report entitled Marking and Coding Equipment Market Size, Share, Growth, Industry Trends, and Forecast, done by our research team depicts the comprehensive and collaborative analysis of industry during past, present, and forecast periods. The report determines historic growth analysis and current scenario of Marking and Coding Equipment Market place and intends to offer actionable insights on global market growth projections. The report sheds light on all the industry verticals like competitive market scenario, regional presence, and development opportunities. The next part covers the Marking and Coding Equipment Market competition landscape based on revenue and growth rate. Further, it explains market types, applications, and price analysis.

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The market is estimated to witness a 1.7x increase in revenue from 2017 to 2022. By 2017 end, the global marking and coding equipment market is expected to be valued at around US$ 1 Bn and is projected to reach a value of more than US$ 1.8 Bn by the end of 2027.

The global market is anticipated to reflect a CAGR of 5.6% throughout the period of forecast (2022-2027). The research report on the global marking and coding equipment market reveals the influence of various trends, challenges and drivers on the growth of the global market across key regions namely North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

Global Marking and Coding Equipment Market: Competition Assessment

This fact based research study on the global marking and coding equipment market includes a detailed analysis of various companies participating in the global market such as Hitachi America, Ltd., Videojet Technologies, Inc., Markem-Imaje Corporation, Domino Printing Sciences plc., Interactive Coding Equipment (ICE), TYKMA Electrox, Inc., Squid Ink Manufacturing Inc., ATD Ltd., Open Date Systems, Inc., MACSA ID S.A, RN Mark Inc., Diagraph Corporation, Linx Printing Technologies, Numeric Marking Systems, Control Print Ltd., Durable Technologies, REA Elektronik GmbH, Matthews International Corporation, INKJET, Inc., and KGK Marking Technologies Group.

An in-depth market segmentation has been carried out to cover every angle of the market in order to portray a realistic market scenario. The report reflects historical data, current market scenario as well as future market estimates for a period of 10 years from 2022 till 2027.

Global Marking and Coding Equipment Market: Analysis of Various Segments

The global marking and coding equipment market has been segmented by technology type, by application type, by end use and by region.

By technology type, the continuous inkjet printer segment is the largest with respect to market value and dominates the global market. On the other hand, laser coding systems have gained high traction and this is the second largest segment, projected to grow at the highest rate to register a CAGR of 6.5% during the forecast period.
By region, Asia Pacific excluding Japan (APEJ) is the most attractive and the marking and coding equipment market in this region is estimated to reach a high value of around US$ 710 Mn by 2027 end.
By application, the rigid packaging segment is likely to dominate the global market with a higher market share in terms of both value and volume in the years to follow. The flexible packaging application segment is projected to grow at 5.8% CAGR during the 2022 – 2027 timeline
By end use, the food segment is expected to exhibit high potential for growth in the global marking and coding equipment market. This segment is anticipated to lead the global market in terms of value and is estimated to reach a high valuation of about US$ 784 Mn by the end of the forecast period.

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Global Marking and Coding Equipment Market: Factors Influencing Growth

Factors such as a positive retail sector outlook, seamless integration with active packaging solutions, rising demand from the chemical packaging industry, new product launches, advancements in laser marking technology, high growth in the food industry and increasing use of marking and coding equipment in the building and construction material industry across the globe are expected to fuel revenue growth of the global marking and coding equipment market.

Few aspects such as political crisis, intense competition, high cost of consumables and uneven size package coding leading to increased cost are anticipated to pose hindrances to the growth of the global marking and coding equipment market.

Global Marking and Coding Equipment Market: Vital Forecast Highlights

The global marking and coding equipment market is expected to grow at a CAGR of 5.5% throughout the period of forecast and is estimated to reach a value of US$ 1770 Mn by the end of the assessment year.

Marking and Coding Equipment Market by CategoryBy Technology :

Continuous Inkjet (CIJ)
Thermal Inkjet (TIJ)
Thermal Transfer Overprint (TTO)
Laser Coding System
Large Character Marking (LCP)
Label Print Applicator (LPA)
Other Printers

By Application :

Flexible Packaging
- Bags
- Pouches & Sachets
- Vacuum / Shrink films
- Others
Rigid Packaging
- Pipes & Tubes
- Boxes
- Bottles & Jars
- Cans
- Metal Parts
- Trays & Clamshells
- Crates
- Others

By End-use Industry :

Food
Beverages
Pharmaceuticals
Personal & Homecare
Electricals & Electronics
Automotive
Chemical & Fertilizers
Building Materials
Other Industries

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Active, Smart and Intelligent Packaging Market will reach a value of US$ 43.3 Bn by 2027 at a CAGR of 9.8%

The global packaging industry has witnessed rapid innovations in the last few years owing to rising consumer preferences for advanced packaging solutions. To cater to frequently changing consumer expectations, manufacturers of packaging products are deploying active, smart, and intelligent packaging solutions to increase product shelf life and offer better value to consumers.

In a new report titled ‘Active, Smart, and Intelligent Packaging Market: Global Industry Analysis (2012 – 2021) & Opportunity Assessment (2022 – 2027),’ Future Market Insights studies the global active, smart, and intelligent packaging market and presents value and volume projections for a 10 year period from 2022 to 2027.

The report also presents in-depth insights on the various forces likely to impact market revenue growth in the coming decade. According to the report, the global active, smart, and intelligent packaging market is estimated to be valued at US$ 27.1 Bn in 2022 and this is expected to increase to US$ 43.3 Bn by the end of 2027, growing at a CAGR of 9.8% over the forecast period.

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Global Active, Smart, and Intelligent Packaging Market: Dynamics

Growth fuelling aspects: Increasing consumer preference for products with longer shelf life and case-ready meals, significant changes in consumer preferences, and a highly regulated and controlled packaging industry is anticipated to boost revenue growth of the global active, smart, and intelligent packaging market.

Revenue inhibiting factors: Strict compliance with stringent packaging laws, absence of appropriate technology, a no ‘positive list’ system, lack of key regulations, and heavy dependence on imports is expected to stifle global market revenue growth over the forecast period.

Future market trends: Increasing mergers and acquisitions, especially in the North America market, introduction of inks capable of responding to temperature changes, and the use of active, smart, and intelligent packaging to tackle the issue of counterfeits is currently trending the global market.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Packaging Type

The global market for active, smart, and intelligent packaging is segmented on the basis of packaging type into Active Packaging (O2 Scavenging Sachets, MAP) and Smart & Intelligent Packaging (TTI Labels, Freshness Indicators, RFID Tags).

The Active Packaging segment is expected to grow by almost 2X times over the forecast period, with an estimated value share of more than 65% by the end of 2027. This segment is expected to represent the highest incremental opportunity of US$ 17,111.9 Mn over the forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Application

The global active, smart, and intelligent packaging market is segmented on the basis of application into Food & Beverage (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Bakery & Confectionary, Processed Food, Others), Pharmaceuticals, Cosmetics, and Others.

The Food & Beverage segment is expected to be the largest, with an estimated market share of just under 45% by the end of the forecast period in 2027. The Food & Beverage segment is expected to expand by 2.5X times by the end of forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Region

The global active, smart, and intelligent packaging market is distributed across the key geographies of North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. North America and Western Europe currently lead the global market in terms of market share, both regions holding about 25% value share each of the global market as on date.

However, North America is expected to beat Western Europe towards the close of 2027 with a market share of just under 26%, while Western Europe will account for 21% value share by the end of the forecast period. APEJ is likely to emerge a surprise contender for second position in the global market by the end of 2027, closely behind Western Europe. The APEJ regional market will witness a massive increase of 550 basis points in market share in 2027 over 2022.

Global Active, Smart, and Intelligent Packaging Market: Competitive Intelligence

The report profiles some of the leading players in the global active, smart, and intelligent packaging market the likes of PakSense, Inc., Landec Corporation, Sealed Air Corporation, Bemis Company, Inc., Crown Holdings, Inc., Amcor Limited, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC, Thin Film Electronics ASA, CCL Industries Inc., Temptime Corporation, Multisorb Technologies, Inc., and Coveris Holdings S.A.

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Key Takeaways from Molded Fiber Pulp Packaging Market

Trays are estimated to hold more than 34% of the market share by 2031, owing to wide scope of applications and superior durability.
In North America, the U.S. has emerged as a mature market owing to the presence of major food & beverage manufacturers. It will register incremental opportunity of US$ 774.1 Mn.
Transfer molded pulp products are expected to expand at a CAGR of 5.4%. This pulp type offers manufacturers a better recyclable and responsible alternative to plastic.
China leads Asia Pacific excluding Japan and is expected to reach a valuation of US$ 2.2 Bn in 2031.
The U.K. will dominate Europe, surpassing Germany to reach 21% of the value share by 2031. Growth in the U.K. will be supported by investments in research, and positive prospects for imports.

“The global molded fiber pulp packaging market is driven by surge in demand for sustainable packaging solutions with protective packaging characteristics. These solutions also are considered ideal for logistics and transport,” says an FMI analyst.

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Stringent Regulations Will Support Molded Fiber Pulp Packaging Sales

As concerns regarding packaging waste continue to soar, regulatory bodies have implemented stringent measures to curb the use of single-use plastic. This has proven to be a boon for the molded fiber packaging industry.

Manufacturers are discouraging the use of foam (EPS) in a variety of food and food service packaging services. Nearly a dozen U.S. cities including Washington DC, Seattle, and New York, have banned or taxed the use of polystyrene single-use products.

Thus, the molded pulp packaging industry is projected to have robust growth in these markets as regulatory bodies continue to discourage single-use plastics.

Who is Winning?

Leading players in the molded fiber pulp packaging market are largely focused on production development and capacity expansion strategies. Key players contribute approximately 20-30% of the global market.

Top players include but are not limited to Huhtamaki Oyj., Pactiv LLC, Brodrene Hartmann A/S, Henry Molded Products, Inc., ESCO Technologies Inc., UPF Technologies, Inc., ProtoPak Engineering Corporation and Celluloses De La Loire are the top players operating in the Molded Fiber Pulp Packaging market..

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Molded Fiber Pulp Packaging Market by Category

By Product Type:

Trays
Drink Carriers
- 2 Cups
- 4 Cups
- 6 Cups
- More than 8 cups
Boxes
End Caps
Plates
Bowls
Cups
Clamshell Containers

By Molded Pulp Type:

Thick wall
Transfer Molded
Thermoformed Fiber
Processed Pulp

By Application:

Primary Packaging
Secondary Packaging
Edge Protectors

By End Use:

Consumer Durables
- Mobile Phone
- Television
- Laptops
- Tubelight & Bulbs
- Other
Food & Beverage
- Egg Packaging
  - 4 Eggs
  - 6 Eggs
  - 12 Eggs
  - 24 Eggs
  - More than 30 Eggs
- Wine Packaging
  - 375 ml
  - 750 ml
  - 1.5 liters
  - More than 3 liters
- Fruit Packaging
- Others
Cosmetics
Food Services
Healthcare
Automotive
Logistics
Others

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Drum Liners Market Innovations, Technology Growth and Research 2022-2030

According to Future Market Insights (FMI), the drum liner market would grow at a 3.9 percent CAGR between 2020 and 2030. Drum liners are used in a variety of industries, including food and beverage, automotive, and others. The demand for industrial, chemicals, and lubricants is expected to grow at a rate of about 4% throughout the projection period, according to FMI. While the F&B sector is predicted to grow at a slower pace in 2020 due to COVID-19, demand is expected to build up progressively from 2021 onwards.

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A similar pattern is anticipated to emerge in other regional marketplaces. During COVID-19, growth in Europe, North America, and other regions will be severely limited. However, according to FMI, demand in East Asia and South Asia will progressively increase in 2021, gaining traction from 2020 onwards and exhibiting a stronger CAGR than mature markets such as North America and Europe.

The market is likely to be driven by increased demand in industrial production and residential development. The reusability of drums, as well as their low cost, are projected to contribute to the drum liners market’s favourable growth.

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted various industries including the drum liners market. Transport bans in several countries has restricted the need for drum liners. Limitations for the import of raw materials has also slowed down production. The market experienced a negative 1.3% CAGR during 2020.

The drum liner market is predicted to bounce back exhibiting a moderate pace of growth 2021 onwards. Following the pandemic, increasing demand for safe and hygienic garbage disposal and storage is expected to drive the market growth.

Key Takeaways from Drum Liners Market Report

The demand for drum liners is expected to surge in paint, inks, and dyes segment

Increasing production and exportation of petroleum and oils has been fuelling demand for drum liners in Asia

The demand for flexible drums forecast to rise as demand from chemical industry increases

Design of straight-sided liners is increasingly preferred among end users

The demand from industrial chemicals and lubricants segment will continue surging through the forecast period

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Who Is Winning?

Companies operating in the drum liners market are focusing on the usage of eco-friendly materials in drum liners in order to offer improved sustainability. For instance, Mondi, one of the prominent names in paper and packing industry, has developed one-of-its-kind sustainable polycoated kraft (PCK) paper release liner, which it plans to launch on a global scale. Mondi’s NextLiner uses recycled paper as base with coatings derived from renewable sources to leave a positive impact on environmental footprint.

Some of the key players in the market are Sealed Air Corporation, Welch Fluorocarbon Inc., Sri Lakshmi Vishnu Plastics, Spp Poly Pack Pvt. Ltd., Vestil Manufacturing Corporation, Bemis Company Inc., CDF Corporation, Heritage Packaging, Toray Industries, Allied Plastics, Mitsubishi Chemicals, Berry Plastic Corporation and Steiner Electric Company.

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Surface Protection Films Market Size to Reach US$ 2.3 Bn by 2022-2030 | CAGR of 5.7%

The global surface protection films market is anticipated to expand at a CAGR of 5.7% over the forecast period of 2022-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches.

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Various types of surface protection films, such as transparent, translucent, and coloured/tinted films have been gaining traction over the past couple of years, attributable to the rising preference for protective packaging. Furthermore, the ability to provide chemical, UV, and abrasion resistance to several industrial and non-industrial applications is broadening the adoption of surface protection films.

As such, the global surface protection films market is set to experience decent growth through 2030, crossing a valuation of US$ 2 Bn towards the end of the forecast period.

“The growth outlook for the market seems promising, owing to excellent conformability, high adhesive strength, and abrasion-resistant attributes of surface protection films. On the other hand, sales are estimated to witness considerable decline in the next two quarters of 2020, owing to the COVID-19 pandemic across continents. Majority of revenue is realized from the construction and electronics industries. Lockdown and restrictions on import & export activities in high potential countries such as China and India have created an adverse impact on these Industries. This will hinder the growth of the surface protection films market in the near term. However, shifting inclination towards the adoption of protective packaging solutions will boost the demand for surface protection films over the coming years.”

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Key Takeaways from Surface Protection Films Market Study

Glass & mirrors remain key application areas of surface protection films, followed closely by furniture surfaces. These two collectively accounted for nearly 45% revenue share in 2021, primarily attributable to growth of the construction industry.
Polyethylene (PE) remains highly preferred for manufacturing surface protection films, owing to its low cost and exceptional tear-resistant attributes. This polymer material will continue to maintain its positive trend over the decade ahead.
The construction & interiors and electrical & electronics industries would be the immediate end users of surface protection films, capturing around ¾ value share, collectively.
The global surface protection films market is highly competitive. Manufacturers of surface protection films are focusing on providing additional features and employing newer technologies such as self-healing to ensure easy peeling without leaving any residue on the surface. These innovations provide convenience features to end users, and help manufacturers in achieving product differentiation.

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Focus of Prominent Manufacturers on Market Consolidation

Leading players in the global surface protection films market are focusing on strengthening their foothold in the landscape by expanding their business footprints. Manufacturers are also enhancing their production capacities through strategic mergers & acquisitions. For instance,

In March 2022, Pregis a North America-based manufacturer, acquired Italian temporary protective films manufacturer Soprad. The company Soprad is a manufacturer and supplier of performance-oriented adhesive protective films for a variety of surfaces, including metal, plastic, glass, and carpets. In July 2021, the company launched cost-effective, temporary surface protection films specifically-designed for a new generation, fingerprint-resistant or speciality-coated products.
In August 2021, Chargeurs S.A. acquired OMMA Srl., one of Italy’s leading manufacturers of application machines for surface protection films.
In June 2021, Bischof + Klein SE & Co. KG set up a new extrusion coating line. This is expected to increase the output and enable complete omission of solvents.

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Key Segments Of Surface Protection Films Industry Survey

Surface Protection Films Market By Thickness :

Up to 25 Micron Surface Protection Films
25-50 Micron Surface Protection Films
50-100 Micron Surface Protection Films
100-150 Micron Surface Protection Films
Above 150 Micron Surface Protection Films

Surface Protection Films Market By Technology :

Adhesion Lamination
- Dry Bond Lamination
- Wet Bond Lamination
- Energy Curable Adhesive Lamination
- Hot Melt Seal Coating
- Solventless Lamination
- Others
Coextrusion Lamination

Surface Protection Films Market By Material :

PE Surface Protection Films
PET Surface Protection Films
PP Surface Protection Films
PU Surface Protection Films
PVC Surface Protection Films
Others

Surface Protection Films Market By Colour :

Transparent Surface Protection Films
Translucent Surface Protection Films
Coloured/Tinted Surface Protection Films
Opaque Surface Protection Films

Surface Protection Films Market By Application :

Metal Sheets
Glass & Mirrors
Prepainted Surfaces
Plastic Sheets
PVC Profiles
Furniture Surfaces
Carpet Protection
Others

Surface Protection Films Market By Industry :

Construction & Interiors
Electrical & Electronics
Automotive
Industrial
Healthcare
Others

Surface Protection Films Market By Region :

North America Surface Protection Films Market
Latin America Surface Protection Films Market
Europe Surface Protection Films Market
East Asia Surface Protection Films Market
South Asia & Pacific Surface Protection Films Market
Middle East & Africa (MEA) Surface Protection Films Market

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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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Plastic Rigid IBC Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

Plastic rigid IBCs are containers used to store and transport various bulk material from one place to another, typically from the manufacturing plant to warehousing or even departmental stores. They are largely used in various end user industries for storage and transportation applications. The global plastic rigid IBC market is influenced by aspects such as rising demand in the food and beverage industry, chemical industry, pharmaceutical industry, etc., and the growth of this market is pushed by benefits provided by plastic rigid IBCs such as low cost of transportation and storage, reusability and ease in maintenance. They are a much preferred choice among manufacturers and this trend is fuelling the growth of the global plastic rigid IBC market in the years to come.

The extensive research report on “Plastic Rigid IBC Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)”, skilfully presented by Future Market Insights covers various market statistics and includes an in-depth analysis on various trends, developments, opportunities, threats and growth drivers impacting the expansion of the global market for plastic rigid IBCs in the years to come, across key regions in the globe. As per this research study, the global plastic rigid IBC market is poised to expand at a healthy CAGR of 6.2% throughout the period of assessment, 2017-2022.

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4 Key Highlights on Global Plastic Rigid IBC Market

Asia-Pacific excluding Japan region (APEJ) is highly lucrative region for the growth of the global plastic rigid IBCs. Owing to increasing technological developments supported by growing industrialization in this region, the need for storage and transportation of numerous bulky goods is rising. Moreover, due to low cost of land and labour, the APEJ region is marked by growing manufacturing plants in various fields such as chemicals, food and beverages, pharmaceuticals etc. This has triggered the demand for plastic rigid IBCs in this region
By material type, the HDEP segment is the largest segment reflecting a high market share as of 2017. This segment is likely to expand in the years to come and to lead the global market by material type category. In 2017, this segment reflected a market share of 63.2%, making it the largest segment. The LLDPE segment also shows positive growth and is poised to register the highest CAGR during the assessment period followed by the LDPE segment
By capacity type segment, the 1000-1500 litres segment is poised to grow at a higher CAGR of 6.5% owing to increasing demand for high capacity containers. Moreover, the 500-1000 litres segment is by far the largest segment showing good hold in the market. However, the above 200 litres capacity segment is expected to show slow growth owing to high costs of transportation compared to the material being transported and hence this capacity is used on a small scale and only in critical circumstances
Industrial chemicals end use segment is anticipated to be a highly potential segment in the years to come. This segment has shown a very high intake of plastic rigid IBCs since couple of years. Tis segment is highly favourable for the growth of the plastic rigid IBC market during the assessment period. Moreover, the food and beverage industry also demands for more plastic rigid intermediate bulk containers and this end user segment represents a high CAGR of 6.5% throughout the 2017-2022 assessment period

Key Player Analysis – Plastic Rigid IBC Competitive Scenario Included

The research study on global plastic rigid IBC market has included profiles of key players. This competitive analysis section includes key facts such as SWOT analysis, developments and innovations, product portfolio as well as key financials of various companies. In this report companies like Maschiopack GmbH, Bulk Handling Australia Pty Ltd, Snyder Industries, Inc., Hoover Ferguson Group, Inc., Time Technoplast Limited, Mauser Group B.V, Schutz Container Systems Inc., and Greif, Inc., are profiled.

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Plastic Rigid IBC Market Outlook by Category

By Material:

HDPE
LDPE
LLDPE
PP

By Capacity:

Up to 500 Liters
501-1000 Liters
1001-2000 Liters
Above 2000 Liters

By End Use:

Industrial Chemicals
Petroleum & Lubricants
Paints, Inks & Dyes
Food & beverages
Building & Construction
Pharmaceuticals
Others (Waste Disposal/Recycling & Silage, etc.)

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Cosmetic Tubes Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2031

global cosmetics tube market increased by 4% year over year. Cosmetic tubes are predicted to grow at a CAGR of 4.6 percent, according to Future Market Insights. As a result, the cosmetics tube market is expected to reach US$ 2.4 billion in 2021. Cosmetic Tubes Market By Material Type (Plastic, Aluminum, Laminated), By Application (Skin Care, Hair Care, Make Up, Nail Care & Hygiene Products) & Region – Forecast 2021 – 2031

The fast expansion of the FMCG and personal care industries is likely to fuel demand for cosmetic packaging tubes. Rising personal hygiene awareness, as well as increased use of skincare products fueled by social media impact, are projected to drive cosmetic tube sales in the future years.

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Cosmetic tubes accounted for 8% of the $30 billion worldwide cosmetic packaging market in 2020, according to the study. In addition, demand for bio-based cosmetic tubes and tubes produced from recyclable materials is predicted to increase until 2031, boosting total growth.

People’s changing lifestyles, rising usages of tubes to retain packaging moisture and prevent any form of leakage, increasing development of lightweight and portable products, and rising preferences for quality-based materials for cosmetic packaging solutions are all expected to boost the growth of the cosmetic tubes market between 2022 and 2031. However, the prevalence of recyclable products and environmentally concerned consumers, as well as the transition from traditional to creative packaging, will provide further chances for the cosmetic tubes market to develop throughout the projected period.

Important Takeaways:

Plastic cosmetic tubes are predicted to gain traction in terms of material type through 2031, owing to improved protection of cosmetics from external elements.
Because of its cost-effectiveness and ease of storage, the 50-100ml segment is expected to grow at a consistent rate in terms of capacity.
Cosmetic tubes will continue to be widely used in skincare products until 2031.
The demand for cosmetic tubes in the United States will continue to be strong, with the North American cosmetic tubes market predicted to rise at a 3.9 percent CAGR.
Due to the presence of well-known beauty brands, Germany will develop as a desirable cosmetic tube market. The cosmetic tubes market in Europe is expected to grow at a rate of 3.4 percent per year.
China is predicted to dominate the East Asian cosmetic tubes market in 2031, with a dominating share.
Japan and South Korea are expected to contribute for 15% and 8% of the East Asian cosmetic tubes market, respectively.

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“The industry is predicted to develop due to the increasing popularity of decorative cosmetic tube printing for aesthetic appeal.” Additionally, increased sales of cosmetics, skincare, and makeup items through online channels such as Sephora, Ulta Beauty, and others will continue to boost cosmetic tube sales over the forecast period,” according to an FMI analyst.

Competitive Environment

Some of the leading players in the global cosmetic tubes market include Albéa Beauty Holdings S.A, Essel Propack Ltd, CCL Industries Inc., Montebello Packaging Inc., Linhardt GmbH & Co KG, Berry Global Group, Inc., Huhtamaki Oyj, Tubopress Italia Spa, Hoffmann Neopac Ag, and Intrapac International Corporation.

Albéa Beauty Holdings S.A, Essel Propack Limited, CCL Industries Inc., Montebello Packaging, and Berry Global Group, Inc. will account for 10-15% of the total cosmetic tubes market share in 2021.

Leading competitors in the cosmetic tubes market are spending in research and development to create new cosmetic tube formats composed of novel materials. Aside from that, firms are engaging in mergers, acquisitions, and collaborations to improve their global market position.

For example:

Hoffman Neopac introduced a new polyethylene (PE)-based cosmetic tube with high-density polyethylene (HDPE) flip-top caps in October 2020. These tubes are totally recyclable, with a single material family for the body, shoulder, and caps.

Cosmetic Tubes Market by Category

By Capacity Type:

Below 50 ml
50 ml – 100 ml
100 ml – 150 ml
150 ml – 200 ml
Above 200 ml

By Material Type:

Plastic
Aluminum
Laminated

By Application:

Skin Care
Hair Care
Make Up

Others (Nail Care & Hygiene Products)

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

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Glass Bottles Market Future Analysis, Demand by Regions and Opportunities with Challenges 2031

With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 at a CAGR of over 5%.

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The COVID-19 pandemic has brought the pharmaceutical, manufacturing, logistics, and packaging companies together to deliver the vaccines worldwide. Many COVID vaccines have been approved globally, and 150 + further vaccines are still in clinical trials.

Glass as a primary packaging material will play an essential role in the global vaccine supply chain. Packaging companies are working hard to prevent bottlenecks and shortages. For the vaccine packaging, type I borosilicate molded glass has emerged as a preferred material.

Glass bottles are chemically inert and are highly resistant to enzymes. Consequently, type 1 bottles are ideal to store and deliver vaccines across the globe.

The unprecedented surge in demand for vaccines has pushed manufacturers to increase production capacities to keep up with the supply demand gap. Key players of glass bottles such as Gerresheimer AG and SGD S.A. are committed to supplying type I borosilicate molded glass vials to meet requirements arising during the crisis.

Key Takeaways from Glass Bottles Market

Type I grade glass bottles are expected to hold more than 50% of the value share owing to in storing strong solutions, acids, and alkalis.
Consumption of the 501-1000 ml glass bottles is expected to reflect relatively larger volumes, with notable demand from the beverage industry.
The U.S. is a prominent regional market, accounting for more than 84% of sales in North America owing to a mature food and beverage and pharmaceutical sector.
Germany currently holds the lead in Europe accounting for nearly a fourth of all regional sales in2021.
China accounts for more than 45% of the value share in East Asia, while Japan and South Korea will make small gains in the upcoming decade.

“A significant rise in the use of glass bottle packaging in the food and beverages industry owing to changes in consumer’s preferences has generated demand. In addition, Type I borosilicate molded glass vials sales will consistently surge amid the Covid-19 pandemic. As a result, customer-centric, branded and affordable glass bottle offerings will drive developments through 2031” says an FMI analyst.

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Customization Efforts to Reinforce the Demand for Glass Bottles

Customization details in the glass bottle industry are increasingly being made using 3D blueprints. Even labels and lids are designed using 3D technology. Manufacturers have come up with digital printing technologies for printing on glass bottles.

Glass bottles can be customized according to their shape, choice of finish, color, and design. The customization reinforces brand image, and helps in information dissemination to the consumer. Customization will make help the brands stand out from their competitors.

Impact of COVID-19 on the Glass bottles Market

The ongoing COVID-19 pandemic has affected all the sectors. Pharmaceutical companies have leveraged key opportunities during the pandemic as the increased demand for glass vials for medical purposes will drive short-term revenue generation.

Glass bottle companies have been designated as essential services due to their role in food and beverage and pharmaceutical products. Also, glass bottles are regarded as safe packaging for food items; hence the demand for the glass bottles market has recovered and remained relatively consistent.

Across the globe, alcohol consumption has suffered due to lockdown and travel restrictions. However, online sales and relaxation of regulations, has helped to partially mitigate losses through home delivery services.

Glass Bottles Market Landscape

Leading players in the market are focused on product development for customization capabilities, in addition to driving investments into bolstering production capacities to keep up with demand. Tier 3 players hold 65-75% of the value share in the global glass bottles market.

Owen Illinois, Inc., Ardagh Group, SA, Vitro, S. A. B. de C. V., Vidrala, S.A, Gerresheimer AG, Vetropack Holding AG, Verallia SA, Frigoglass Jebel Ali FZCO and among others are the prominent players in the global glass bottles market.

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Glass Bottles Market by Category

By Grade:

Type I
Type II
Type III

By Manufacturing Process:

Blown
Tubing

By Capacity:

Up to 50 ml
51 – 200 ml
201 – 500 ml
501 – 1000 ml
1001 ml & Above

By End User:

Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Perfume & Fragrances
Chemicals
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)

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Bag-in-Tube Market will reach a value of US$ 17.8 Mn by 2022-2029 at a CAGR of 13.1%

In the worldwide flexible packaging landscape, the bag-in-tube market is likely to outperform other options as a single-use packaging technology. Between 2022 and 2029, the global bag-in-tube market is expected to rise at a staggering CAGR of more than 13.1 percent. According to a new Future Market Insights (FMI) analysis, wine packaging will continue to be a significant contributor to revenue growth in the global bag-in-tube market.

Preference for bag-in-tube for its 360° area accessible for printing and embossing, as well as the potential to offer extended shelf life of up to 6 to 8 weeks after opening the pack, are some of the primary aspects driving this expansion. In terms of mechanical resistance and oxygen barrier, metallized PET utilised in bag-in-tube film architectures meets client expectations. Throughout the forecast period, the bag-in-tube market is predicted to develop at a 13.1 percent annual pace (2022-2029). Some of the important developments in the bag-in-tube industry are high-end customization employing spigots and handles, as well as the type of material utilised as barrier layers.

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Bag-in-Tube Market Study Key Takeaways

Metalized PET will continue to be the favoured material in the bag-in-tube market, with more than 60% of the market expected to be captured between 2019 and 2029.
By 2029, demand from wine and olive oil producers is predicted to account for roughly 80% of the global bag-in-tube market, and it is expected to develop at a faster rate than any other segment.
Western Europe is estimated to dominate the bag-in-tube market, with a CAGR of more than 10% from 2019 to 2019.
Bag-in-tube makers can make significant profits by targeting wine and spirit producers, as these end users see bag-in-tube as a lightweight, leak-proof, and cost-effective packaging alternative to glass.

In Asia Pacific and MEA, there are a lot of untapped markets.

Some markets are unfamiliar with bag-in-tube packaging, which is an expanded form of bag-in-box. While bag-in-tube has a high market penetration in Western Europe, it has a lower market penetration in North America. Latin America and Eastern Europe, where bag-in-tube packaging is still in its early phases of development, are key producers and consumers of wine, providing a great potential for bag-in-tube packaging manufacturers. Bag-in-tube penetration is essentially non-existent in APEJ, MEA, and Japan, making them very profitable regions for enterprises looking to increase their market positions.

In European countries, bag-in-tube packaging is widely used for wine and spirits, followed by high-end vegetable oil (olive oil). By the end of 2025, the worldwide millennial population is expected to surpass 30%. Millennials are drawn to novel packaging such as bag-in-tube and bag-in-boxes because they are convenient to carry and store. Bag-in-tube producers are projected to benefit greatly as a result of this.

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Bag-in-Tube Industry Research Highlights Key Segments

Bag-in-Tube Market by Capacity:

Less than 1000 ml
1000 to 2000 ml
2001 to 3000 ml
More than 3000 ml

Bag-in-Tube Market by Product:

EVOH Barrier + PE
Metallized PET

Bag-in-Tube Market by End-use:

Wine
Spirit
Olive Oil
Fruit Juices
Others

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Key Questions Answered in the Report

How much is the Bag-in-Tube market currently worth?
What is the sales forecast for Bag-in-Tube through 2029?
What was last 7-year market CAGR for the sales of Bag-in-Tube?
Who are the key manufacturing companies for Bag-in-Tube?

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Zipper Pouch Market Global Revenue Growth Expectations in the Near Future

Zipper pouches will emerge as top-selling packaging solutions in the packaged food industry in the coming decade. In its latest study Future Market Insights (FMI) predicts sales to expand at a CAGR of 5.3% between 2021 and 2031. The overall valuation of the market is projected to surpass US$ 2.1 Bn by the end of 2021.

Disruptions in the supply chain following the outbreak of the coronavirus and consequent restrictions on movement and transport have negatively impacted sales. However, recovery is likely through 2021 and beyond. Expansion of the packaged food industry and the ever-growing demand for fresh produce will offer ample growth opportunities to manufacturers in upcoming years.

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Zipper pouches are accepted worldwide because they are both re-sealable and re-usable. These products also offer strong barriers to external atmosphere and temperature fluctuations. Applications of zipper pouches in the pharmaceutical, cosmetics, and personal care industries are gaining traction.

Marketers and retailers are able leverage zipper pouches to fulfil demand for packaging aesthetics. Also, consumer convenience through clear packaging attributes is likely to fuel demand for the foreseeable future.

In recent years, manufacturing giants have shifted their focus on the use of recyclable raw materials such as polyethylene (PE), polyvinyl chloride (PVC) and polypropylene (PP). Improvements in machinery have enabled large scale production with minimal waste.

Largely, the zipper pouch market is projected to grow supported by the usage of sustainable materials and green practices by producers and end-use industries.

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Key Takeaways from the Zipper Pouch Market Study

Stand up zipper pouches account for more than 79% market value, owing to relative ease of use.
In North America, the U.S. holds a market share of almost 89% in 2021, driven by a matured packaged food sector.
The zipper pouch market in Germany is anticipated to exhibit a growth rate of 5% supported by the large-scale manufacturing sector of the country.
India is a fast-growing market in APEJ, driven by a large consumer base and changing consumer food and beverage consumption trends.
Zipper pouches are most widely used packaging various types of food products, as it holds almost 76% of market share in the year 2021.

“Expansion of the global zipper pouch market is largely driven by a surge in demand for packaged foods. The need to preserve food items and offer protection against harsh atmospheric conditions have aided developments in the industry. Most manufacturers are focusing eco-friendly raw materials and sustainable practices for producing making zipper pouches” says the FMI analyst.

Shifting Consumer Preference Towards Resealable Packaging Drives Demand

The trend of stand-up pouches is driven by consumer preference for lightweight, portable, and resealable products. Companies are focusing on developing reusable, recyclable, and durable pouches.

These stand-up pouches are specially made with polyethylene terephthalate, polyethylene or Ethylene Vinyl Alcohol (EVOH) with integrated zippers and are also available in partially transparent variables.

The product is lightweight, recyclable and is mainly used for packaging dry and frozen food. This shift in packaging trends is resulting in a surge in adoption of zipper pouches with significant demand arising from household applications.

Zipper Pouch Market Landscape

Key players contribute 20-30% of the global market. Market leaders are largely engaged in strategies to expand production capacity while investing in material innovations to improve on packaging barrier properties.

Berry Global Group, Amcor plc and Rengo Co. Ltd., Transcontinental Inc., C.I. Takiron Corporation and Novolex Holdings, LLC are some of the leading players in the zipper pouch market.

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Zipper Pouch Market by Category

By Product Type:

Stand Up Zipper Pouch
Flat Zipper Pouch

By Material Type:

Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
Aluminum Laminates
Paper
Others

By Closure Type:

Slider Zip
Press to Close

By End Use:

Food
- Fruits & Vegetables
- Meat, Poultry & Sea Food
- Bakery & Confectionery
- Ready-to-eat food
- Dairy Products
- Cereals
- Pet Food
Pharmaceuticals
Cosmetics & Personal Care
Others

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By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Ex. Japan (APEJ)
Middle East & Africa (MEA)
Japan

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DNA Synthesis Market is estimated to be valued at US$ 261.9 Million in 2022

[307 Pages Report] The DNA synthesis market is expected to be worth US$ 261.9 million in 2022, rising at a 7.7% CAGR to US$ 592.1 million between 2022 and 2032. The increasing R&D associated with gene synthesis is attributed to growth.

DNA synthesis is the natural creation of nucleic acid strands through the process of DNA replication. Artificially, they are synthesized using genetic engineering and enzyme chemistry in the laboratory to be used for various applications such as therapeutic, diagnostics as well as academic and industrial research. DNA synthesis services provided by different companies varies greatly by the cost of per base pair, error rates, lengths, throughput, etc.

DNA synthesis market further includes the oligonucleotide synthesis and gene synthesis which has various end users such as agricultural science, food science, antibody discovery, immunology, cancer research, infectious disease, synthetic biology. Market for the therapeutic applications is mostly distributed only among the biopharmaceutical industries which is driven by their continuous research in the respective domain.

The market for DNA synthesis got the surge form Human Genome Project leading to several advancements in the technological processes for production and reduces the time of production which made possible the synthesis of high throughput custom nucleotides. Nowadays, it is possible to do the customizations and get the required sequence online and at required time. The commercial availability of DNA synthesis machines has also a great impact in the synthesis services market.

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DNA Synthesis Market: Drivers & Restraints

Growing number of research & developments in the field of genomics and next generation sequencing supports the market growth of DNA synthesis services over the globe. The growing numbers of mergers and collaborations by the market players also strengthening the market growth. Along with this, the developments in the synthetic biology segment promotes the market progression of DNA synthesis services.

A robust growth in the oligonucleotide therapeutic segment as antisense oligoes, siRNAs, miRNA inhibitors and mimics also supports the market growth of DNA synthesis for the commercial end. However, cuts in the federal funding for the research purpose, stringent regulatory requirements in the therapeutic applications for DNA also limits the market to expand across the globe.

DNA Synthesis Market: Overview

Companies involved in the DNA synthesis services market are involved in continuous updating of their manufacturing technologies for high throughput synthesis with cost control. Recently, Twist biosciences also gathered $82 million investment from Illumina for developing a new technology platform for synthesizing DNA on silicon. These market players are also focusing on their brand improvement and market penetration by focusing on their sales force, geographical expansion as well as expansion of manufacturing facilities.

Moreover, synthetic DNA costs are anticipated to decrease owing to the introduction of advanced technology. Intensifying competition in the synthetic biology services also leads to price reduction per base pair. However, the multi-billion dollar PCR industry constantly supports the market growth of DNA synthesis services. With the increasing outsourcing services for the life science research activities, the market has huge potential of growth opportunities. The availability of research funds also had a great impact in the DNA synthesis market size and growth rate in different regions over the globe.

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DNA Synthesis Market: Region-wise Outlook

Geographically, North America leads the market for DNA synthesis services owing to the high requirement in the academic research as well as biopharmaceutical industries for research and therapeutic production. This is followed by the Western Europe region supported by the high availability of research fundings in universities and commercial availability of therapeutic drugs made of DNA active pharmaceutical ingredients.

Eastern Europe region shares a low market share and slow growth rate comparatively to other regions over the forecast period. Asia Pacific region represents the significant growth rate in the DNA synthesis market with highest market growth in research applications. Recent trends shows China to be leading the market in the region in terms of market size as well as growth rate. Latin America and Middle East & Africa has been observed the least market share over the forecast period.

DNA Synthesis Market Treatment Market: Key Players

Some of the players in the DNA Synthesis market includes Bioneer Corporation, IBA GmbH, Eurofins Scientific, Integrated DNA Technologies, Inc., LGC Biosearch Technologies, Eton Bioscience, Inc., GenScript Biotech Corporation, Eurogentec, Thermo Fisher Scientific, Inc., Quintara Biosciences and others.

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 market segments such as geographies, application, and industry.

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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

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
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.

DNA Synthesis Market: Segmentation

Segmentation by Service Type:

Oligonucleotide Synthesis
Universal Oligonucleotide Synthesis
Custom Oligonucleotide Synthesis
Gene Synthesis
Custom Gene Synthesis
Gene Library Synthesis

Segmentation by Application:

Research and Development
Academic
Industrial
Diagnosis
Therapeutics

Segmentation by End User

Biopharmaceutical Companies
Academic and Research Institutes
Contract Research Organizations

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance

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 9-years.

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