A2 Milk Market Dynamic Innovation, Business Insights and Forecast Analysis Report 2022-2032

The A2 milk market was valued at USD 1,984.20 Million in 2022 and is expected to reach USD 4,947.70 Million by 2032, registering a CAGR of 9.6% from 2022 to 2032.

The burgeoning dairy industry and the increase in the number of dairy products are the primary drivers of the A2 milk market growth. The growing health-conscious population and consumer concerns about the gastrointestinal problems associated with conventional milk containing A1 beta-casein protein are driving the A2 milk market growth. Many consumers who have problems digesting milk and experience bloating choose A2 milk because it is easy to digest and contains A2 beta-casein protein.

Other factors, such as rising disposable income and increased awareness of the health benefits of A2 milk, such as boosting immunity, increasing metabolic rate, promoting mental growth, and use in bakeries and confectioneries, will all contribute to the A2 milk market growth. Moreover, the expansion of the A2milk product portfolio and the increase in hypermarkets, supermarkets, and online stores are expected to create a lucrative A2 milk market opportunity. The limited market presence of A2 milk is expected to create opportunities in this market as distribution can be expanded globally.

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Restraints to A2 milk market growth include:

  • The high cost of A2 milk.
  • The availability of cheaper and vegan alternatives.
  • A lack of proper evidence regarding the benefits of A2 milk.
  • A lack of consumer awareness complicates the issue.

FMI envisions North America will persist to rank among the top economies throughout the forecast period. In the United States, manufacturers’ ingredients are getting more attention. The growing popularity of healthy foods has prompted companies in the United States to diversify their portfolios. The trend of smaller companies being acquired at a lower cost is likely to continue soon.

Key Takeaways:

  • The liquid form of A2 milk could account for 84.6% of the form segment A2 milk market.
  • For the end use application segment, infant formula accounted for 22.40% of the A2 milk market.
  • Carton packaging comprises 57.9% of the A2 milk market’s packaging segment.
  • The United States may have a monopoly on the A2 milk market, accounting for 35% of the total.
  • Japan regulates 10% of the A2 milk market.
  • Australia handles 2.3% of the A2 milk market.
  • During the projected period, the China market is anticipated to expand at a CAGR of 9.1%.
  • During the projected period, the India market is anticipated to expand at a CAGR of 8.7%.
  • During the projected period, the U.K. market is anticipated to expand at a CAGR of 7.8%.
  • Germany has a 31% market share in the A2 milk market.

Competitive Landscape:

Companies are making an investment more in R&D to introduce new flavours into the A2 milk market. Aside from that, players are diversifying their product portfolios by expanding their global operations and strengthening their distribution channels.

Fonterra Co-operative Group Limited, The A2 Milk Company Limited, PURA, Dairy Farmers, Jersey Dairy, Vietnam Dairy Products Joint Stock Company, Freedom Foods Group Limited, Gujarat Cooperative Milk Marketing Federation Ltd., Vedaaz Organics Pvt. Ltd., and Provilac Dairy Farms Private Limited seem to be just a few of the major players of the A2 milk market.

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Recent Development:

Date Company Strategy Details
2019 A2 Milk Company Product Launch The A2 Milk Company, a leading A2 milk producer in Australia, has introduced chocolate flavour reduced fat A2 milk in the US market.
February 2018 A2 Milk Company Partnership A2 Milk Company Limited announced a strategic partnership with Fonterra Co-operative Group Limited, New Zealand’s largest dairy company, to increase the availability of A2 milk in Australia, New Zealand, and other parts of Asia Pacific.
April 2018 Vietnam Dairy Products Joint Stock Company Product Portfolio Expansion Vietnam Dairy Products Joint Stock Company introduced a new product, ‘probiotic drink probi’ with blueberry flavour, to expand its product portfolio.
October 2018 Nestlé SA Launch Nestlé SA will launch its own brand of A2 baby milk in Australia and New Zealand in October 2018, competing with Auckland-based dairy company a2 Milk Co. Ltd., which has a dominant market share in the region.
August 2018 Vinamilk Launch Vinamilk released the first A2 milk in Vietnam. It will be available in a variety of countries, including Australia, China, and New Zealand.
2019 Julebao Launch Julebao released Zhizhen A2 milk powder. This product is made from the company’s cattle.
March 2020 A2 Milk Company Licencing Agreement The a2 Milk Company, an innovative dairy nutrition company that helps people live better lives by leveraging the benefits of the A2 protein, is pleased to announce a licencing agreement that will allow a2 Milk® to enter Canada.
December 2020 A2 Milk Company Acquisition The a2 Milk Company (a2MC) has agreed to buy a 75% stake in Mataura Valley Milk (MVM), a dairy nutrition company based in Southland, New Zealand.

Key Segments

Nature:

  • Organic
  • Conventional

Form:

  • Liquid
  • Powder

Application:

  • Infant Formula
  • Dairy Product
    • Butter
    • Cheese
    • Yogurt
    • Milk Powder
    • Ice Cream
    • Others
  • Bakery & Confectionery
  • Milk & Milk-based Beverages

Packaging:

  • Glass Bottles
  • Plastic Bottles & Pouches
  • Carton Packaging
  • Cans

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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.

Contact:

Future Market Insights Inc.

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T: +1-845-579-5705

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Fish Protein Market | Competitive Insights with Key Driving factors and Top Players by 2031

Increasing awareness among consumers regarding applications of fish protein in dietary supplements, cosmetics, personal care segment, pharmaceuticals, sports nutrition, and other industries is driving the fish protein market growth. Its use in preventing various health concerns and ensuring good heart and brain function will fuel consumption of fish protein among various age groups. According to a study by Future Market Insights (FMI), increasing focus on health and wellness and demand for natural ingredients in food products will push fish protein sales between 2021 and 2031.

Fish is a low-fat and high quality protein and a great source of vitamins, minerals, and omega 3 fatty acids. Therefore it is considered among the rich and most widely available source of protein. Leading players in the global fish protein market are incorporating latest technology such as steam treatment for maintaining safety, quality and organic standards for dried spices, with an aim to gain edge in the highly competitive market.

However, inefficient logistics and uncertain climatic conditions are expected to inhibit production of fish protein market globally, thereby impeding growth. The food industry is expected to account for over 42% of fish protein market in 2021.

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The FMI researches deeply into the prevailing dynamics in order to offer interesting acumens into the Fish protein market. Some of these are:

  • Fish protein market is expected to rise at 7.2% CAGR between 2021 and 2031
  • Expansion of the sports nutrition industry is spurring growth in the U.S., which accounts for over 77% of sales in North America
  • Rising focus on health and wellness is driving the U.K. market. It is expected to register 8.2% y-o-y growth in 2021
  • Germany will remain the dominant market for fish protein in Europe. Increasing dietary supplements sales will drive growth
  • Expansion of the food sector will support growth in China. Meanwhile increasing fish consumption will create a conducive environment for growth in Japan and South Korea

Fish Protein Gaining Traction from Youth

Trends in food consumption have changed dramatically over the years. Consumers are increasingly worried about their health and wellbeing which has also increased demand for healthy food items. People are looking for convenient multi-component goods that are readily available on the market and also help to balance consumers’ fast moving lifestyle. The age group of 16-28 are more attracted towards the fish protein for their more attractive flavors in the fish protein market. Fish protein helps in providing the required amount of proteins which is supported by the body and are digestible. This will create an opportunity to the manufacturers to penetrate their product in the market and gain traction in the fish protein market.Companies are coming up with various fish protein concentrate market based ingredient and derivatives for application in various segments.

Snack Fortification Emerges as Key Trend

Consumers are expressing willingness to buy snacks that are fortified with nutrients. Not only does the fortification enhance the nutritional quality but it also transforms the odour, texture, and flavour of the snack. For instance, some corn snacks are fortified with 3-9% of fish protein powder. Snackification is nothing but snacking on fast served foods or ready to eat foods on frequent intervals during the day.

There has been a rising shift from traditional meals (breakfast, lunch, dinner) to all-day snacking, largely owing to the busy working lifestyles and especially the younger age groups not following strict mealtimes. Still, consumers would want to have healthier snacking options that would keep them fit in their “to-go” lifestyle. Thus, the snacking culture can expect more substance, taste, and nutrition in the form of fortified snacks with fish protein powder snacks.

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Who is winning?

Some of the key players operating in fish protein market are, Omega Protein corporation, Bio-Oregon Protein, Colpex International Inc., Mukka Seafood Industries Limited, Scanbio Marine Group,  ,Peterlabs Holdings, Apelsa Guadalajara, Aroma NZ,  Ingredients Inc., Siam Industries International,    Bio Phoenix Formulations, Qingdao Future Group and others.

Fish Protein Market by Category

Form

  • Powder
  • Liquid

Product Type

  • Fish Protein Concentrate
  • Fish Protein Isolate
  • Fish Protein Hydrolysate

Application

  • Food & Beverages
  • Cosmetics and Personal Care
  • Sports Nutrition & Dietary Supplement
  • Pharmaceuticals
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Key Questions Answered in the Report

  • Which is the most lucrative market for fish protein?

North America currently leads the global market for fish protein. Within North America, the U.S. will emerge as the leading market for fish protein.

  • Which is the top-selling type of fish protein?

Fish protein isolate is expected to be the preferred product type in the global fish protein market with a market share of more than three quarter.

  • Who is the key end user of fish protein?

Food and beverage industry holds the highest share in the fish protein market in terms of application. It is expected to grow at a CAGR of 7.3 between 2021 and 2031.

  • Who are some of the leading companies offering fish protein?

Some of the leading companies offering fish protein are Omega Protein corporation, Bio-Oregon Protein, Colpex International Inc., Mukka Seafood Industries Limited, Scanbio Marine Group, Peterlabs Holdings, Apelsa Guadalajara, Aroma NZ,  Ingredients Inc., Siam Industries International, Bio Phoenix Formulations, Qingdao Future Group and others.

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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.

Contact:

Future Market Insights Inc.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Plastic Composites Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

Plastic Composites Analysis market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Plastic Composites Analysis market.

Global Plastic Composites Market: Introduction

Plastic composite is also named as wood-plastic composite. Plastic composites are compounds comprising of wood wastes and recycled plastic with features such as reduced melting temperature enabling lower energy costs for manufacturers as well as reduction of product footprint in the environment.

The plastic composites fuse fine wood particles are renewable, reclaimed, biodegradable, and recycled. The wood flour and granules of polypropylene is used in manufacturing of plastic composites.

Plastic composite manufacturers mainly consists of polypropylene, as it has high abrasive and temperature resistance properties. Also, on heated to a certain temperature it becomes soft, and then hardens on cooling. Whereas, Polyvinylchloride also shows significant growth in the market, owing to its low maintenance material and it is used mainly in construction industry

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Global Plastic Composites Market: Dynamics

High availability of non-utilized plastic and wood waste is expected to create an upsurge in demand for plastic composites over the forthcoming years. The manufacturing process of plastic composites does not require any chemical, which can be toxic or harmful to the environment.

Also, there has been an increase in urbanisation and industrialisation in developing nations which has given a boost to the construction and building sectors. Therefore, stringent regulations on the use of chemicals in building materials and increase in demand from building & construction applications expected rise in demand for plastic composites.

The global plastic composites market has faced a number of challenges pertaining to the rise in cost of raw materials and issues related to mechanical strength. However, increase in implementation of biodegradable plastic raw materials anticipated to propel the demand for plastic composites.

Global Plastic Composites Market: Regional Outlook

Global plastic composite market is expected to dominate by North America region. As the region shows rising consumer demand for bio-compatible products in applications such as consumer goods and automotive interior parts. The Government bodies of Asia Pacific region entered in PPP (Public Private Partnership) to undertake new building and infrastructural construction projects.

Asia Pacific is expected to follow by North America region. Europe is stipulated to have healthy growth in the plastic composite market due to increasing recycling rate of plastic wastes and increase in demand for plastic composites in in domestic constructions in the region.

On the country level, Germany expected to dominate the Europe region as the country has the largest manufacturer and consumer of plastic composites. Other regions such as Latin America and Middle East and Africa are anticipated to be regions with low volume share but are projected to witness robust rise in demand over the forecast period.

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Global Plastic Composites Market: Market Participants

Plastic composite market is driven by the increasing partnerships, joint ventures, and production capacity expansion strategy by the key market players. For instance, recently, Certainteed Corporation acquired SimTek, is a prominent manufacturer of high-density polyethylene of fence products. Moreover, Beologic N.V. increases its capacity to 20000 metric tons a year, in which 70% production of plastic composites is of Polyvinyl chloride.

Some of the key players involved in the plastic composites market include Crane Plastics, Fiberon, LLC., CPG International LLC, Certainteed Corporation, Axion International, Inc., Findock International Inc., Beologic N.V., Fkur Kunststoff GmbH, Tamko Building Products, Inc., Polymera, Inc., Josef Ehrler GmbH & Co. Kg, Trex Company, Inc., Timbertech Ltd., North Wood Plastics Inc., Guangzhou Kindwood Co. Ltd., Polyplank AB, OnSpec Composites Inc., Universal Forest Products, Inc., Plygem Holdings Inc., Advanced Environmental Recycling Technologies, Inc., and among others.

The research report presents a comprehensive assessment of the Plastic Composites 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 Plastic Composites market segments such as plastic type and application

The research report presents a comprehensive assessment of the Plastic Composites 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 Plastic Composites market segments such as plastic type and application

The report covers exhaustive analysis on

  • Plastic Composites Market Segments
  • Plastic Composites Market Dynamics
  • Plastic Composites Market Size
  • Plastic Composites Volume Sales
  • Plastic Composites Adoption Rate
  • Plastic Composites Current Trends/Issues/Challenges
  • Plastic Composites Competition & Companies involved
  • Plastic Composites Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market 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 factors on Plastic Composites market segments and geographies.

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Global Plastic Composites Market: Segmentation

Globally, the plastic composites market can be segmented on the basis of plastic type, and application

Based on the Plastic Type, the global plastic composites market can be segmented into,

  • Polyethylene
  • Polypropylene
  • Polyvinyl chloride
  • Acrylonitrile Butadiene Styrene
  • Polystyrene

Based on the Application, the global plastic composites market can be segmented into,

  • Automotive Components
  • Building & Construction
  • Industrial
  • Consumer Products
  • Others

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

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T: +1-845-579-5705
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Desmutting Agent Market- New Technological Development Projecting Massive Growth till 2029

Desmutting agent is one of the chemicals used to treat and remove dark spots and residue from the metal and is especially used for aluminum alloys. It also works as light emitting agent for metals alloys. There are several chemicals and processes employed for enhancing metal finish or to remove residue from the metal before sending it for further operation.

Desmutting agent removes metallic smuts from metal surface that occur during the alkaline etching process, before the anodizing treatment and chemical polishing. Technically, desmutting agent is a medley of nitric acid, ferric sulfate, and hydrochloric acid in aqueous solution. It provides radiant appearance to the metal and makes further processing of the metal easy.

It is one of the key process chemicals used in the metal industry and is completely different from the deoxidizing agents which remove the aluminum oxide off the aluminum substrate via oxidation-reduction reactions. Additionally, desmutting agent is an environment friendly chemical agent as it is free from chromium and because of same it is industrially accepted by several manufacturers.

Desmutting Agent: Market Dynamics

The market for desmutting agent was mainly driven by huge demand from industries where metal application has plays an important role such as, automotive, aerospace and other manufacturing industries.

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Moreover, the rise in adoption of robust and cost effective metal equipment is also expected to fuel the demand for desmutting agent in the coming assessment period. In addition, industrially, metal equipment require application of sophisticated technology with zero tolerance of residue and radiant appearance of final finished product while designing.

Consequently, the high cost of finishing the metal is expected to hinder the market growth of desmutting agent market in the coming years. However, the increase in metal production activities from Asia-Pacific region is expected to provide profitable business opportunities to the manufacturers during the forecast period.

Low maintenance, effective operation, are some of the factors propelling the opportunity of desmutting agent among manufacturers. Additionally, key manufacturers are planning to introduce different types of desmutting agents which can treat other metal alloys.

Desmutting Agent Market: Regional Outlook

Asia Pacific region estimated to hold more than half of the desmutting agent volume as well as value market share across the globe and is expected to dominate the same in the coming forecast period. The growth of desmutting agent market in Asia Pacific is projected to be led by increasing industrial activities and demand for highly quality finished metal.

Additionally, growth for steel industry is gaining traction in automotive industry. Thus, increasing number of manufacturing facilities for metals in Asia Pacific region is expected to boost the desmutting agent market demand in the coming forecast period.

Desmutting agent market is anticipated to account for decent growth in the North America region. There are several factors on which this growth depends such as enormous presence of industries in region results as demand generating factor for market in the region.

In addition to this, favorable government policies enacted to boost the manufacturing sector in order to recover economic growth is expected to act as key driving factor for increasing overall product demand. Increased investment in infrastructure activities in the Europe region is expected to boost the desmutting agent demand in the coming forecast period.

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Desmutting Agent Market: Key Participants

Some of the market participants in the desmutting Agent market identified across the value chain:

  • Worldclean Industrial Cleaning Co Ltd
  • Nippon Hyomen Kagaku
  • Coventya
  • METACHEM
  • Almax
  • Harmony Additive Private Limited
  • Okuno-Auromex
  • SLS CHEM&TECH

The research report on the desmutting agent market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The desmutting agent market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to mentioned market segments.

The report covers exhaustive analysis on

  • Desmutting agent Market Segments
  • Desmutting agent Market Dynamics
  • Desmutting agent Market Size
  • New Sales of Desmutting agent
  • Current Trends/Issues/Challenges in the Desmutting agent Market
  • Competition & Companies Involved in Desmutting agent
  • New Technology for Desmutting agent
  • Value Chain of the Desmutting agent Market

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 global desmutting agent market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Desmutting Agent Market: Segmentation

Desmutting agent market is gaining traction in the market, the market is segmented based on type, application, end- use and region

By type, Desmutting Agent market can be segmented as:

  • Nitric Acid Based
  • Chromic Acid Based
  • Others

By Application, Desmutting Agent market can be segmented as:

  • Aluminum Alloy
  • Magnesium Alloy
  • Steel Industry
  • Others

By end use, Desmutting Agent market can be segmented as:

  • Automotive
  • Aerospace
  • Industrial Manufacturing
  • Other Industrial

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/desmutting-agent-market
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Stretch Hood Films Market Analysis and Market Studies for 2022-2031

Stretch wraps or shrink films can prove inefficient in protecting the packages completely. As a result, an increasing number of manufacturers are inclined towards automation and reducing labor work as much as possible. As per a new study by Future Market Insights (FMI), this will enable growth in the stretch hood films market, which is expected to surpass US$ 767.9 Mn by 2022.

In some countries lack of labor is one of the key factors which makes automation a more efficient solution in the long run. Furthermore, unlike stretch wraps and shrink wraps, stretch hood films provide all surface protection. Stretch hood films are gaining traction among the end users as they do not require separate heating unit like shrink films when combined with the stretch hood wrappers. Thus, they save consumables and energy which are essential in heat shrink systems. Therefore, stretch films are predicted to hold a major pie in the global packaging market in near future.

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Besides this, stretch hood film provides improved quality of wrapping. It gives a perfect presentation to the wrapped products eliminating the appearance of folds and creases which is common in shrink wrapping. Most of the consumers are gradually shifting to stretch hood films from tradition packaging and wrapping approaches as these films gives enhanced aesthetic looks, transparency, and gloss to show the contents of the load.

Stretch hood packaging offers great efficiency for securing pallet unit loads. Products packaged with stretch hood films enable maximum coverage as the package is covered horizontally and in transverse directions as per the packaging application.

Who is Winning?

  • Sigma Plastics Group,
  • Coveris Holdings S.A.,
  • Novolex Holdings, Inc.,
  • AEP Industries Inc.,
  • Integrated Packaging Group Pty Ltd,
  • Trioplast Industrier AB,
  • Muller Load Containment Solution,
  • RKW Group,
  • Muraplast d.o.o.,
  • Thrace Synthetic Packaging Limited,
  • Rosenflex(UK) Limited,

Manuli Stretch S.p.A, Shields Bag and Printing Co., UAB Umaras, Gebr Duerrbeck Kunststoffe Gmbh Limited, Aalmir Plastic Industries and NPF Polyfilms Pvt Ltd are prominent players in the stretch hood films market. The stretch hood films market is fragmented and the key players in the market hold 15–20% share in the global stretch hood films market.

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Polyethylene stretch hood films are highly sought-after. As per FMI, polyethylene will be used in the production of nearly 70% of stretch hood films produced through 2031. Among end users, the demand from the construction sector also is expected to rise in the coming years.

Key Takeaways of Stretch Hood Films Market Study

  • Stretch hood films sales are poised to surge, enabling the market exhibit 2.8% y-o-y growth in 2021, after a period of setback in 2020
  • With manufacturing rising consistently, coupled with the demand for advanced packaging solutions, the U.S. will account for over 88% of sales in North America
  • While 2020 proved uneventful, the U.K. market will register a positive 3.7% y-o-y growth in 2021
  • Expansion of construction sector will fuel demand for stretch hood films in Japan and South Korea
  • South Korea will exhibit higher rate of growth yet China will remain the dominant market for stretch hood films in East Asia

 “Closed film hoods lead to better theft protection compared to stretch wrapping. Stretch hood films further prevent dirt and moisture from damaging the products during loading and shipment.” says an FMI analyst.

Stretch Hood Films Find Application in Diverse Industries

Stretch hoods machine is one of the latest palletizing technology and offers benefits when compared to other palletizing methods. In recent times, stretch hood films manufacturers have not only improved the packaging technique and quality, but also emphasized on the quality of raw materials used to enhance performance. Stretch hood films manufacturers are continuously working on production of stretch hood films with more elasticity and reduced thickness.

Using stretch hood films reduces plastic consumption by 20%-30% as compared to shrink hoods or stretch film. It encourages manufacturers to grab this opportunity and innovate products which are less harmful to the environment. These films can be recycled easily so it drastically brings down the recycling cost.

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Increasing opportunities created by innovative product offerings are anticipated to induce established players to invest in research and development activities to further improve performance of stretch hood films. Increased load stability and elasticity of stretch hood films has created lucrative opportunity for the manufacturers of stretch hood films to cater multiple end use industries such as food & beverage, textile, shipping and construction among others.

Impact of COVID-19 on Stretch Hood Films Market

E-commerce and cargo shipments have been transporting huge number of products. Stretch hood films ensure load stability for transportation at the same time provide total visibility to the contents of a pallet. In the recent years, logistics industry has gained prominence due to rising technology. However, the outburst of COVID-19 pandemic has turned the normal functioning of the logistics sector.

Sudden drop in consumer demand created an immediate impact on shipping and port operations activity levels and altered corporate strategies. Lockdown across multiple geographies led to port congestion and reduced demand of stretch hood films from logistics industry. Trends in industry such as food & beverage and medical products confirmed resilience for demand of basic goods, which had continuous demand for packaging of goods.

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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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High Performance Lubricants Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

Industrial lubricants can be categorized as either convention, high-performance or specialty products. High performance lubricants is an evolution over the conventional lubricants. High performance lubricants offer long lasting performance capabilities, in spite of harsh environmental conditions such as extreme pressure, extreme temperature, chemical exposure, etc.

High performance lubricants gives liberty to the manufacturer to extended warranties with fewer claims, as it minimizes the risk of failures, and increases end-user satisfaction. High performance lubricants can last five times as compared to traditional lubricants.

According to Power Magazine, lubricants make up approximately less than one percent of plant’s operating cost, but it can influence more than half of plant maintenance costs. With the use of high performance lubricants, end-user can lower the total maintenance and energy costs.

Owing to the increasing significance of high performance lubricants in several end-use industries its demand is increasing rapidly.

High Performance Lubricants Market: Dynamics

The major factor driving the global high performance lubricants market is the distinct advantages of high performance lubricants oil and its improved properties, such as reduced gear wear, reduced flammability, and increased service life. Owing to better and improved properties of high performance lubricants its demand is increasing continuously among the several end-use industries such as automotive, industrial automation, food and beverage and others.

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Engine oil are widely used to lubricate internal combustion engine and are generally composed of 70% to 90% base oils and 10% to 20% additives, in additive lubricants plays a major role, and increasing adoption of high performance lubricant oil in engine oils as an additive, propelling the global high performance lubricant oil market

Moreover, rapidly growing industrial automation industry and increasing penetration of high performance lubricant in this industry is creating new opportunistic market for the manufacturers of high performance lubricants.

Increasing manufacturing activities in Asia-Pacific region, growing construction and mining industry owing to increasing government initiatives towards infrastructural development, especially in emerging countries are some other factors which boosting the demand of high performance lubricants market across the globe.

High Performance Lubricants Market: Regional Overview

High performance lubricants market is anticipated to lead by Asia Pacific, owing to growing automotive industry, China is driving the majority of growth in the automotive industry in Asia Pacific region. Growing automotive industry is creating more demand for the engine oil additives such as high performance lubricants.

North America is anticipated to witness a significant growth in High performance lubricants market, U.S. is a prominent country in the lubricants market in spite of increasing number of electric vehicles, U.S. is one of the vital exporter of high performance lubricants to many countries across the globe.

High performance lubricants market of Europe is expected to witness a robust growth, owing to increasing preference of manufacturers of high performance lubricants to European countries for expansion of its manufacturing facilities, in order to fulfill the its growing demand from regional end-use industries.

Despite the impressive growth in automotive and industrial automotive industry in Middle East and Africa, the local refineries are capable of producing very less amount of engine oil, as a result high performance lubricant market is expected to witness a comparatively low growth in this region.

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High Performance Lubricants Market: Market participants

Some of the key player involved in the production of high performance lubricants are Royal Dutch Shell PLC, Exxon Mobil Corporation, BP PLC, Chevron Corporation, Total Lubricants, High Performance Lubricants, Telko Ltd, Gulf Oil Corporation Limited, Idemitsu Kosan Co. Ltd. and others.

The research report presents a comprehensive assessment of the High Performance Lubricants 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 High Performance Lubricants market segments such as component, type, application, end-user and region, etc.

The report covers exhaustive analysis on

  • High Performance Lubricants Market Segments
  • High Performance Lubricants Market Dynamics
  • High Performance Lubricants Market Size
  • High Performance Lubricants Volume Analysis
  • High Performance Lubricants Adoption Rare
  • High Performance Lubricants Current Trends/Issues/Challenges
  • High Performance Lubricants Competition & Companies involved
  • High Performance Lubricants Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market 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 factors on Bi-metallic Band Saw Blade market segments and geographies.

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High Performance Lubricants Market: Segmentation

Globally, high performance lubricants market can be segmented on the basis of source, product type, and end-use.

Based on the source, high performance lubricants market can be segmented into,

  • Synthetic
  • Bio-based

Based on the type, high performance lubricants market can be segmented into,

  • Engine oil
  • Hydraulic and transmission fluids
  • Metalworking fluids
  • General industrial oil
  • Process oil
  • Others

Based on the end-use, high performance lubricants market can be segmented into,

  • Automotive and transportation
  • Heavy Machinery and equipment
  • Food and beverage
  • Power generation
  • Chemical manufacturing
  • Others

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

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Rigid Food Containers Market Size & Share | Industry Trends Analysis Report for 2022-2032

The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017-2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end.

Rigid food containers will continue to find the largest applications in ready-to-eat food products, followed by bakery & confectionary. Revenues from sales of rigid food containers for packaging of ready-to-eat food products are projected to account for approximately one-third share of the market in 2017, and will further discern a rise in their market share by 2022-end. Dairy products and meat, poultry & seafood are also anticipated to be lucrative application areas for rigid food containers over the forecast period.

Based on packaging type, revenues from sales of trays will remain the largest during the forecast period, followed by bottles & jars, and boxes & cartons. In addition, although sales of cups & tubs will account for smaller revenue share of the market, their sales are projected to register a healthy expansion through 2022. In contrast, sales of bottles and jars will register a sluggish expansion through 2022.

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Plastic and paperboard will continue to be the most lucrative materials for manufacturing rigid food containers. In addition, sales of plastic and paperboard for production of rigid food containers are expected to register the highest CAGRs in the market through 2022. Glass and metal will continue to be comparatively less lucrative materials than plastic and paperboard in the global rigid food containers market.

Asia-Pacific excluding Japan (APEJ) is anticipated to remain the largest market for rigid food containers, projected to expand at an impressive 5.2% CAGR through 2022. Dominance of APEJ on the market can be highly attributed to robust expansion of food & beverage industry, coupled with an increased demand for eco-friendly & sustainable packaging owing to strict regulations concerning material recycling. China and India will remain the most lucrative countries for the rigid food containers market in APEJ.

North America is expected to remain the second largest market for rigid food containers, with the U.S. being the most lucrative country. Shifting preference towards bioplastics as raw materials for rigid food containers on the back of stringent regulations concerning reduction of carbon footprints will drive growth of the market in North America. Another key factor driving the market growth in this region is increased demand for ready-to-drink beverages and packaged frozen food products on the back of hectic lifestyles of population.

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Implications for New Product Development & Channel Strategies in Food Packaging

Rigid food containers are gaining tremendous popularity since the recent past, offering the food products with a long shelf life. Constantly changing lifestyles of consumers, along with their busy work routine, and rapid shifts in household income & size have significantly affected the consumers’ behaviour of buying food products. This has further led towards important implications for new channel strategies and product development in packaging of food, such as rigid containers. Moreover, robust transformations in demographics, improvisations in manufacturing output & productivity, and huge expenditure on packaging of food products across the globe have fuelled requirement for highly advanced packaging facility, such as rigid containers, in the food and beverage sector.

The global market for rigid food containers is highly fragmented in nature, with a large number of suppliers and manufacturers competing to gain a competitive edge. FMI’s report has listed key participants operating actively in the global market for rigid food containers, which include Huhtamaki Oyj, Bemis Co., Inc., Sonoco Products Co., Printpack Inc., Smurfit Kappa Group PLC, Crown Holdings, Inc., Ball Corporation, DS Smith PLC, Berry Global Group, Inc., Sealed Air Corp., Amcor Ltd., and Packaging Corp. of America.

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Key Segments Covered

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Material Type :

  • Plastic
  • Paperboard
  • Glass
  • Metal

Packaging Type :

  • Trays
  • Bottles & Jars
  • Cans
  • Cups & Tubs
  • Boxes & Cartons
  • Others

Application :

  • Meat, Poultry & Seafood
  • Dairy Products
  • Bakery & Confectionary
  • Ready to Eat Food
  • Baby Food
  • Fruits & Vegetables
  • Other Applications

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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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Report: https://www.futuremarketinsights.com/reports/rigid-food-containers-market
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Carboxylated Nitrile Rubber Market Comprehensive Research Study and Strong Growth in Future 2029

Carboxylated nitrile rubber (XNBR) is an improved version of nitrile rubber with enhanced properties. Carboxylated nitrile rubber is a type of modified nitrile rubber, and has extra cross linking abilities. Carboxylated nitrile rubber (XNBR) is also known as carboxylated butadiene nitrile rubber.

Carboxylated nitrile rubber is a terpolymer formed with the help of three types of monomers such as butadiene, acrylonitrile and unsaturated carboxylic acid. Carboxylated nitrile rubber are used for special application purposes and which requires high abrasion and wear resistance. Carboxylated nitrile rubber also offers excellent oil resistance as well as moderate heat resistance. Apart from it, carboxylated nitrile rubber has excellent solvent resistance.

Due to its excellent oil resistance characteristics carboxylated nitrile rubber components are being widely used in aerospace, marine and automotive fuel systems. Carboxylated nitrile rubber is used for making various types of industrial and automotive components such as rubber belts, printing rolls, hoses, rings, seals and gaskets. Carboxylated nitrile rubber are also used for making shoe soles with high wear & abrasion resistance.

Components made from carboxylated nitrile rubber are also used different industries such as oil & gas, consumer goods manufacturing, printing and other general manufacturing industries. The only drawback for carboxylated nitrile rubber has poor weathering and ozone resistance.

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Carboxylated Nitrile Rubber Market: Dynamics

Rapidly growing industrial activities and demand for rubber components across the globe can be identified as the prime driving factor responsible for the carboxylated nitrile rubber market growth. Carboxylated nitrile rubber is mainly used for the manufacturing of the rubber components which are used for industrial purposes in different industries.

Rings and seals manufactured from carboxylated nitrile rubber is mostly used in automotive, marine and aircraft engine systems, and the high oil resistance is making carboxylated nitrile rubber gives it advantage over other products. Thus, growth of automotive, marine and aerospace industry is estimated to escalate the market growth of the carboxylated nitrile rubber market.

Apart from it, increase in automotive aftermarket activities is estimated to have a positive impact on the carboxylated nitrile rubber market. Carboxylated nitrile rubber is used in the manufacturing of printing rolls, hence the growth of printing industry is expected to propel the demand for carboxylated nitrile rubber.

Due to its excellent oil & solvent resistance, the components made from carboxylated nitrile rubber are widely used in oil & gas industry. Recovery of oil & gas industry from slowdown in past year is anticipated to act as a potential driving factor for the growth of carboxylated nitrile rubber market.

Carboxylated nitrile rubber is also used in the making of footwear with high abrasion resistance, thus increasing demand for special purpose footwear is estimated to bolster the carboxylated nitrile rubber market.

Growing population, increased consumer spending and growth of rubber industry are few of the factors which will indirectly affect the growth of carboxylated nitrile rubber market. High product cost and lower awareness amongst the end users might act as restraining factors for the Carboxylated nitrile rubber market.

Carboxylated Nitrile Rubber Market: Regional Outlook

Asia Pacific is considered as one of the prominent market region for carboxylated nitrile rubber, owing to the increasing industrial activities. Due to the lower labor cost and easy availability of raw material, Asia Pacific has witnessed substantial rise in rubber components manufacturing. Apart from it Asia Pacific is the leading region in terms of rubber production.

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Regions such as North America and Europe can be attributed as a potential market for carboxylated nitrile rubber, owing to the well-developed industrial landscape.

Industrial production is expected to witness upward trend in Latin America region, therefore Latin America can be considered as promising market for carboxylated nitrile rubber. Middle East & Africa is expected to witness positive growth in the demand for carboxylated nitrile rubber owing to end use industry growth.

Carboxylated Nitrile Rubber Market: Key Market Participants

Examples of some of the market participants operating in the global carboxylated nitrile rubber market are:

ARLANXEO, Zeon Corporation, Emerald Performance Materials, OMNOVA Solutions Inc., Rahco Rubber, Inc., and Zibo Qilong Chemical Co., Ltd. among others.

The Carboxylated nitrile rubber market research report presents a comprehensive assessment of the Carboxylated nitrile rubber market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The Carboxylated nitrile rubber market research report provides analysis and information according to Carboxylated nitrile rubber market segments such as geographies, application and industry.

The report covers exhaustive analysis on

  • Carboxylated nitrile rubber Market Segments
  • Carboxylated nitrile rubber  Market Dynamics
  • Carboxylated nitrile rubber  Market Size
  • Carboxylated nitrile rubber Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Carboxylated nitrile rubber market
  • Competition & Companies involved in Carboxylated nitrile rubber market
  • Technology used in Carboxylated nitrile rubber Market
  • Value Chain of Carboxylated nitrile rubber Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Carboxylated nitrile rubber Market 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 Carboxylated nitrile rubber market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Carboxylated nitrile rubber market segments and geographies.

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Carboxylated Nitrile Rubber Market: Segmentation

The global carboxylated nitrile rubber market is segmented on the basis of its acrylonitrile content:

  • 8-18% Acrylonitrile
  • 18-22% Acrylonitrile
  • 23-27% & above

The global carboxylated nitrile rubber market is segmented on the basis of its application:

  • Belts
  • Printing Rolls
  • Hoses, Rings & Seals
  • Gaskets
  • Shoe soles

The global carboxylated nitrile rubber market is segmented on the basis of its end use:

  • Automotive & Transportation
  • Oil & Gas
  • Paper Printing
  • General Manufacturing
  • Consumer goods & appliances

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/carboxylated-nitrile-rubber-market
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Bag-in-Tube Market Size & Share | Global Industry Report for 202-2029

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

  1. 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.
  2. 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.
  3. Western Europe is estimated to dominate the bag-in-tube market, with a CAGR of more than 10% from 2019 to 2019.
  4. 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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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 7-years.

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Future Market Insights Inc.
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Sachet Packaging Market Is Expected To See a growth of 5.8% | Future Market Insights

The sachet packaging market is predicted to reach a worth of 8.7 Bn in 2022, according to research by Future Market Insights (FMI). The sachet packaging market is expected to increase at a year-over-year (YoY) rate of 5.4 percent in 2021 as a result of rising consumer demand for compact and practical packaging options.

By the end of 2022, the market is anticipated to reach a volume of about 999 billion units. Between 2021 and 2031, the sachet packaging industry is expected to develop at a strong 5.8 percent compound annual growth rate (CAGR).
North America and Asia Pacific will become important markets. By the end of 2031, they are anticipated to provide more than 60% of total revenue. This can be related to the rise in sachet packing demand worldwide.

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“Launching small-sized, one-time use product sachets has helped brands survive the retail revolution over the recent years. With technology innovations in packaging machinery are making a strong attempt to overcome the longstanding drawbacks facing the packaging industry, such as poor productivity, the FMI study finds that sachet packaging is rapidly emerging as a way to increase profit margins, as it requires lesser volumes to be filled in packages”.

Opportunities in Pharmaceutical Packaging Hinting Positive Prospects

The sachet packaging market is likely to expand at a CAGR of ~5.8% over the course of next eight years. First-time buyers have been the primary target for manufacturers selling products in small-sized sachets, according to the report. Furthermore, as modern consumers continue to develop interest in functional packaging, several brands are incorporating sachet packaging into their product marketing strategies, emphasizing increased number of trials and promotions.

Opportunities abound for sachet packaging market players in low-income countries, as retailers in these nations are adopting the small packaging trend over bulk packaging, target untapped consumer population. A growing focus of companies on increasing accessibility and affordability of products to ultimately penetrate new markets, has been significantly favoring the demand for sachet packaging.

Growth prospects of the sachet packaging market, as the report opines, are high in developing countries of Asia Pacific, accounting for one-third share of the total revenues. The growing importance of single-serve packaging among consumers for a multitude of products, especially cosmetics, personal care, and FMCG, has enabled market players to firm up within the region. Lighter, portable, and cost-effective nature of sachets continue to make sachet packaging an attractive proposition for the low-income consumers as well as young and active millennials.

According to the study, single-unit-use of sachets for pharmaceutical products is emerging as an effective way to overcome challenges posed by shorter shelf life or inaccurate doses. With increased healthcare expenditure and growing need for effective packaging which are child-resistant and senior-friendly, sachet packaging will have more ground to cover in the pharmaceutical sector. Sensing the potential growth opportunities, market players are focusing on investing in pharmaceutical machinery for sachet packaging format to facilitate ease of use and improved medicine management.

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-4469

Key Companies Profiled

  • Glenroy Inc.,
  • Amcor Plc,
  • Constantia Flexibles Group GmbH,
  • Huhtamaki Oyj,
  • ProAmpac LLC,
  • AE Adams (Henfield) Ltd.,
  • Paharpur 3P,
  • RCP Ranstadt GmbH,
  • Sharp Packaging Services,
  • Sealed Air Corporation,
  • Mondi Plc,
  • Clondalkin Group Holdings B.V.,
  • Printpack Inc.,

Lindopharm GmbH, American Packaging Corporation, Transcontinental Inc., Schur Flexibles Group, Deve-pack, Uflex Ltd. and Amber Packaging Industries LLC.

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Key Segment

By Material Type

  • Plastic
    • Polyethylene
    • Polypropylene
    • PET
    • Polyamide
    • Others
  • Paper
  • Aluminum Foil
  • Others

By Pack Size

  • 1 ml – 10 ml
  • 11 ml – 20 ml
  • 21 ml – 30 ml
  • Above 30 ml

By Packaging Machinery

  • Vertical Form-fill-seal Machines (VFFS)
  • Horizontal Form-fill-seal Machines (VFFS)

By Application

  • Food
    • Sauces & Jams
    • Spice & Condiments
    • Tea & Coffee
    • Others
  • Personal Care & Cosmetics
    • Shampoo & Conditioners
    • Face packs & Gel
    • Hair Oil
  • Pharmaceuticals
  • Industrial
  • Sealants & Adhesives
  • Lubricants & Solvents
  • Tobacco

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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.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/sachet-packaging-market
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