Aluminium Foil Containers Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2027

In 2018, over 1 million tons of aluminum foil containers were sold globally; sales are likely to proliferate at a moderate y-o-y of over 4% in 2019, as per FMI’s latest research. Shifting consumer patterns toward effective and sustainable formats has been identified as a key sales influencer of aluminum foil containers. As per FMI’s analysis, demand for aluminum foil containers is poised to be complemented by unwavering demand from multiple sectors, including foodservice, retail & supermarket, and others.

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Aluminum foil containers continue to gain immense favor, owing to their superior barrier properties. Foodservice providers seeking economic packaging formats with capabilities in terms of food quality retention, which in turn pushes the adoption of aluminum foil containers as an ideal fit. According to FMI’s analysis, weight of aluminum is another key aspect enhancing the viability of aluminum foil containers across diverse end-use applications. Moreover, aluminum foil containers are scalable and foldable with immense scope for accommodating brand logos and other marketing-oriented prints, which makes it a worthy investment across multiple end-use landscapes.

“Alongside increasing proclivity for recycling, end-user industries are gearing up to turn this trend into a competitive advantage. Consumer demand for environmentally-responsible products has become highly evident than ever, which is being considered by end-users to enhance their bottom lines via appropriate offerings. Aluminum foil containers, being 100% recyclable, are gaining momentum in various shapes and sizes as per specific end-user requirements”, says the FMI report.

The current adoption rate of aluminum foil containers in the foodservice space can be anticipated to proliferate, driven by increasing consumer reliance on food ordering and on-the-go consumption. With global sales set to grow at a y-o-y of over 4% in 2019, future adoption of aluminum foil containers will remain significant as they offer tremendous compatibility in processing as well as storage conditions.

End-Users Continue to Favor Non-Compartmental Aluminum Foil Containers over Compartmental

As per the report, end-users continue to prefer non-compartmental aluminum foil containers over compartmental ones, with global sales estimated in excess of 1 million tons in 2019. Well-established usage coupled with reasonable price points makes non-compartmental aluminum foil containers outsell their compartmental variants.

According to FMI, food packers/processors are registering high demand for aluminum foil containers, creating sustained opportunities for manufacturers. Food packers/processors vying to offer fresh food products with optimal packaging by making use of aluminum foil containers. Moreover, aluminum foil containers are gaining notable advantages in the retail and supermarkets space, owing to their superlative barrier properties combined with ‘cook-in-the-container’ features.

Sensing the end-user shift toward a combination of speed and performance, manufacturers are offering aluminum foil containers that facilitate rapid heating. Moreover, manufacturers are also obtaining quality certifications, both national and international, regarding processing techniques and product characteristics. Efforts as such play a significant role in boosting consumer confidence and fuelling repeat sales.

As per FMI’s analysis, aluminum foil container manufacturers are making headway with extensive focus on the three pillars of long-term market sustenance- consumer convenience, marketing and design, and product innovation. For improving consumer convenience, the manufacturers are developing hygienic and easy-to-handle products at competitive costs. In terms of marketing and design, the market players continue to emphasize on enhancement of appeal and branding possibilities across popular social media channels. Manufacturers emphasize on offering distinguishable and efficient products, which correlates to substantial revenue benefits and end-user retention.

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The FMI report offers insights into latent opportunities in the aluminum foil containers market for the forecast period of 2019 to 2027. According to the FMI study, the aluminum foil containers market is likely to proliferate at a volume CAGR of over 4% through 2027

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Bagasse Tableware Products Market 2031 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

The bagasse tableware products market revenue is expected to register y-o-y growth of 4.3% and reach US$ 1.95 Bn in 2021. This demand for bagasse tableware products will accelerate with top-tier players holding 25% to 30% of the total sales of bagasse tableware products.Future Market Insights (FMI) has forecast the global bagasse tableware products market to total US$ 3.75 Bn by 2031, expanding at 6.8% CAGR between 2021 and 2031.

Plastic and Styrofoam are the cheapest and most readily available packaging materials, but they are not nature-friendly. Bagasse is one of the most eco-friendly options used in making various food packaging and serving products.

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Key Takeaways from Bagasse Tableware Products Market

  • By product type, the plates segment is expected to hold market share of around 42% by 2031.
  • Based on application, demand in the food segment will account for 89% of sales in the market by 2031.
  • By sales channel, the direct sales segment is projected account for over 66% market share by 2031.
  • Bagasse tableware products are used widely for commercial, institutional, and household sectors. The commercial use segment is expected to create an incremental opportunity of US$ 1.7 Bn during the forecast period.
  • The East Asia region is expected to be highly lucrative, while South Asia is projected to outpace other regions exhibiting ~8% CAGR during the forecast period. n

“Customized eye-catchy eco-friendly bagasse tableware products made from sugarcane residual are becoming increasingly popular for use in institution, commercial, and household sectors. Besides this, growth in quick-service restaurants, mobile food vendors, online food ordering business, and catering services will create attractive prospects for the growth of the market,” says FMI analyst.

Continued Efforts of Manufacturers to Improve the Physical Attributes for Branding to Spur Demand for Bagasse Tableware Products

Bagasse tableware products are in the spotlight due to the rising trend of sustainable living practices. Eco-friendly bagasse tableware products are increasingly replacing products made out of non-biodegradable plastics.

Companies are focusing on introducing innovative and eye-catching designs with new textures and graphics (on-pack promotions) to influence customers to purchase natural, eco-friendly products. Bagasse tableware products are gaining momentum in green-minded cafeterias, the foodservice sector, quick delivery restaurants, and catering services.

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Offering personalized and specialized products according to the customer’s needs is a critical trend in the market. The manufacturers are thus focusing on customizing the product designs as per the consumers’ requirements.

The use of unique customized designs as a billboard space to showcase the logo, messages, and company taglines will enhance the market status of bagasse tableware product manufacturers who offer these services. Using environmentally friendly and sustainable products to improve and enhance the brand image is also a key aim for end users.

The manufacturers strive to improve the product quality by using cutting-edge technology to extend the shelf life and retain the quality and freshness of products for a longer time. They also target innovative product packaging, aesthetic appearance, and overall presentation to attract the customer’s attention. Therefore, to address the growing aspirations of target customers, the manufacturers are offering customized, distinctive, brand identity-based products, which will boost the bagasse tableware products market.

Bagasse Tableware Products Market Landscape

Pactiv Evergreen Inc., Dart Container Corporation, Duni AB, Genpak, LLC, Detpak (Detmold Group), Karat by Lollicup, Vegware US, Eco Products, Inc., Greenweimo, among others are the prominent players in the global bagasse tableware products market. The Tier 1 players in the market hold 25-30% in the global bagasse tableware products market.

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Bagasse Tableware Products Market by Category

By material type:

  • Plates
    • Less than 8 inches
    • 8 inches to 12 inches
    • More than 12 inches
  • Bowls & Containers
    • Less than 12 Oz
    • 12 Oz to 16 Oz
    • More than 16 Oz
  • Cups & Glasses
    • Less than 6 Oz
    • 6 Oz to 12 Oz
    • More than 12 Oz
  • Trays & Clamshell
  • Cutlery (Spoons, etc.)

By application:

  • Food
    • Fruits & Vegetables
    • Processed Food
    • Ready-to-eat meals
    • Soups
    • Others
  • Beverages
    • Carbonated Beverages
    • Non-carbonated Beverages
      • Tea & Coffee
      • Milk Products
      • Juices

By sales channel:

  • Indirect Sales
    • Departmental & Discount Stores
    • Hypermarket/Supermarket
    • Specialty Stores
    • Online Sales
  • Direct Sales

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Pharmaceutical Glass Tubing Market – Business Opportunities and Global Forecast to 2027

The Glass is the most widely used packaging material for the pharmaceutical industry. Most of the primary packaging products, such as bottles, ampoules, vials, syringes, etc., in the industry are made up of the glass material. Pharmaceutical tubing is used as a raw material by the pharmaceutical packaging companies to manufacture primary packaging products.

The glass tubing is supplied by the major international companies such as Corning, Schott, etc. There are four types of glass tubing supplied by the glass manufacturers to packaging manufacturers. The most prominent glass type which is used for pharmaceutical glass packaging is Glass Type I.

Type I glass is also known as ‘Borosilicate Glass’, which possesses exceptional chemical stability and high heat resistance to thermal shock and sudden temperature change. For protection from sunlight, Low alkali extractable such as Fe2O3, Ti2O3, or MnO could be added to Type I glass to produce Amber Borosilicate Glass.

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Type III glass is also known as ‘Soda Lime Glass’ which is used to produce pharmaceutical bottles to store only solid drug products due to their low chemical resistance properties. Pharmaceutical glass tubing plays a major role in the manufacturing process of pharmaceutical parental containers.

Pharmaceutical Glass Tubing Market: Market Dynamics

The pharmaceutical glass tubing market is highly consolidated with the three market players i.e. Corning Pharmaceutical Glass, Schott AG, and Nipro Pharmaceutical Packaging. All of these companies together account for more than 30% market share in the pharmaceutical glass tubing market. Due to high growth in the demand for the pharmaceutical parental packaging products, the pharmaceutical glass tubing market will witness an impressive CAGR of 5%-6% in the next 6-7 years.

However, it is little difficult for the new entrants to capture significant market share in the market due to the predominance of few players. Companies present in the market are planning to invest in the developing countries such as China, India, etc. to strengthen their supply chain and serve new customers in the market. Glass is the still the widely preferred format for the manufacturing of the pharmaceutical parental packaging containers.

However, plastics materials are gaining traction in the production of the pharmaceutical syringes but plastics material still accounts for less than 20% of the global syringes market. Glass delamination is the major problem noticed in the pharmaceutical glass packaging market which may decrease its demand to some extent in the near future.

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Some of the key developments observed in the pharmaceutical glass tubing market are:

In November 2017, Schott AG has started a new manufacturing facility in the China to manufacture ampoules, vials and cartridges made of glass tubing for the domestic pharma industry. In January 2017, Schott AG has integrated a specially developed big data solution in its glass tubing manufacturing facility to improve quality standards. In November 2015, Corning Incorporated completed the acquisition of the Gerresheimer’s Pharmaceutical Glass Tubing Business for US$ 242 Mn.

Pharmaceutical Glass Tubing Market: Regional Overview

On the basis of region, the Pharmaceutical Glass Tubing market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. The North America and Europe dominate the pharmaceutical glass tubing market due to high presence of the tubing manufacturers and pharmaceutical companies in the region.

Companies such as Schott, Nipro, etc. account for significant market share and hold dominant position in the market. It has been observed that the sales revenue of these companies has increased at a good rate in the last few years which reflects a high growth in the market.

Asia-Pacific region accounts for the third-most dominant region in the global pharmaceutical glass tubing market. Also, prominent companies are shifting their focus to invest in the developing markets to significantly gain market share in those regions. MEA and Japan also offer untapped growth potential in the global pharmaceutical glass tubing market.

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Pharmaceutical Glass Tubing Market: Market Players

Some of the key players in the Pharmaceutical Glass Tubing market are Schott AG, Nipro Pharma Corporation, Corning Incorporated, Nippon Electric Glass Co., Ltd., Accu-Glass LLC., Richland Glass Co., Inc., Cang Zhou Four-star Glass Co.,Ltd., LINUO Group, DWK Life Sciences GmbH, Puyang New Harmony Industrial Development Co., LTD, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tubing Market: Market Structure

Pharmaceutical Glass Tubing Market Tier 1 Companies: Schott AG, Nipro Pharma Corporation, Corning Incorporated

Pharmaceutical Glass Tubing Market Tier 2 Companies: Nippon Electric Glass Co., Ltd., DWK Life Sciences GmbH, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tubing Market Tier 3 Companies: Accu-Glass LLC., Richland Glass Co., Cang Zhou Four-star Glass Co.,Ltd., LINUO Group, Puyang New Harmony Industrial Development Co., LTD.

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.

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.

Market Segmentation

Pharmaceutical Glass Tubing Market Segmentation: By Material Type

Type I (Borosilicate Neutral Glass mainly used for packaging of aqueous solutions) Type II (Surface Treated Borosilicate Glass mainly used for packaging of acidic solution) Type III (Soda Lime Glass mainly used for packaging of oral solid dosage such as tablets and capsules)

Pharmaceutical Glass Tubing Market Segmentation: By Neck Diameter

Up to 40 mm 40 mm to 80 mm 80 mm to 120 mm More than 120 mm

Pharmaceutical Glass Tubing Market Segmentation: By Parental End Use

Bottles Ampoules Vials Syringes Cartridges

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

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Adhesive Films Market New Technological Development Projecting Massive Growth till 2030

The global adhesive films market is expected to witness a steady CAGR of 5.5% during 2022-2030, according to a new report by ESOMAR-certified market research firm Future Market Insights (FMI).

FMI has revised the projection of the adhesive films market, considering the COVID-19 induced sluggishness in automotive industry. Although a recovery is expected in 2021, the rebuilding process will impact demand for adhesive in general, and adhesive films in particular.

According to FMI, the growth of the adhesive films market will be heavily reliant on the post-pandemic recovery in automotive sector. Demand is likely to remain subdued in the next couple of years, however, FMI opines pre-pandemic level growth rates to be witnessed again in the latter part of this decade.

In addition to the automotive industry, waning demand from construction industry has led to market correction. Infrastructure projects around the globe have been stalled, and new home purchases are at unprecedented lows. However, the long-term outlook on the construction industry remains positive, and adhesive film manufacturers will be hoping for a quick recovery.

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Key Takeaways from Global Adhesive Films Market Study

  • Demand for labels across industries to determine success of adhesive films between 2020 and 2030
  • Automotive sector to emerge as the leading end user globally
  • Pace of construction industry recovery to determine adhesive films market growth
  • Asia Pacific to emerge as the leading regional market with emerging economies thriving with manufacturing activities

The demand for adhesive films from the food packaging industry will continue to soar in the coming days as global economy witnesses a shift in consumption patterns.

The longer shelf life of packaged and frozen food become its unique selling point during the lockdowns. Growing sales have resulted in high demand for packaging solutions, which in turn fuelled the demand for adhesive films.

Analysts anticipate as the COVID-19 pandemic continues to wreak havoc it will push people to opt for packaged food, which is an essential and a means of staying indoors. Thus, food packaging industry is expected to give this market a definitive boost in the near future.

“The adhesive films market was growing at a brisk pace, however, the COVID-19 has stalled growth. The lack of momentum has been compensated, to an extent, by growing demand from food packaging industry” says FMI analyst.

Key Segment

By Material

  • BOPP
  • PVC
  • PE
  • PA
  • Others

By Adhesive Type

  • Acrylic
  • Rubber
  • Silicone

By Application

  • Labels
  • Tapes
  • Graphic Films

By End Use

  • Electrical and Electronics
  • Building and Construction
  • Aerospace
  • Automotive
  • Packaging
  • Transportation

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Impact of COVID-19 on Adhesive Films Market

The impact of COVID-19 can be felt on the global adhesive films market. As automobile companies witnessed waning sales in the first and second quarter of 2020, it resulted in a massive drop of revenue for the adhesive films market.

Similarly, the market suffered as air travel faced bans and halts, reducing the need for repairs and maintenance altogether. Furthermore, no new contracts and no end in sight to allow travel fully have continued to impact the usage of adhesive films in the aerospace industry.

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

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Paper Bags Market – Major Revenue Gain is Predicted by 2030

The global paper bags market is there to witness steadiness in the form of a CAGR off 4.1% between 2022 and 2030. It is all set to reach US$ 7.3 Bn during this period.

Driven by the rising focus on environment-friendly and sustainable packaging solutions, the demand for paper bags is poised to surge exponentially, finds Future Market Insights (FMI) in a new study. Paper bags are light-weight, biodegradable, and cost-effective. Due to their intrinsic properties they also are considered eco-friendlier than plastic alternatives.

FMI’s report offers an exhaustive overview of the paper bags market. It covers information on the market’s growth potential, growth drivers and restraints.

Use of paper bags has been consistently rising across industries such as agriculture, construction, and others. Spurred by this, the market for paper bags is forecast to exhibit a CAGR of 4.1% CAGR between 2022 and 2030.

As paper bags are non-reactive, they are being widely used in packaging of food, beverages, and various high-end products. Expansion of these sectors will therefore bode well for the overall market.

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Some of the key takeaways from the report are highlighted below-

  • Sales of pinched bottom open mouth paper bags will continue to surge
  • Brown kraft will remain the preferred material for making paper bags
  • Paper bags with thickness <2 ply is anticipated to be highly sought-after as disposable packaging solution
  • Retail industry is forecast to exhibit high demand for paper bags
  • Demand for paper bags is expected to skyrocket in APEJ

“Paper bags are becoming increasingly popular as better alternative for single-use plastic bags. With governments across various nations banning the use of polythene bags and other plastic items, sales of paper bags are expected to pick up. Some of the leading market players are eyeing this as a lucrative opportunity. Some have even introduced paper bags recycled from wastes such as discarded newspaper to leave a mark amid competition,” says an FMI analyst.

COVID-19 Impact Analysis

The outbreak of novel coronavirus has put a dent on expected growth of the paper bags market. Besides disruptions across manufacturing units, the market had struggled with scarcity of raw materials, non-operational supply chain, shutting down of logistics units, unavailability of labors, among other factors during extended periods of lockdown. The key market players are however working hard to strengthen their infrastructure to continue manufacturing quality products.

Who is Winning?

Competition in the paper bags market is likely to get fiercer in the coming years. Companies are therefore increasingly focusing on recycled materials for the production of quality paper bags. Some are even pushing product launches to gain competitive advantage.

For instance, RonPak has launched their extensive range of paper bag products such as carry out, pinch-bottom, wraps, and others with SQF certification and manufactured with optical brightener with black light detection of glue in the recent year.

JohnPac has launched their exclusive multi-wall paper bags with diverse range of styles such as sewn open mouth, self-opening sack, pinch bottom open mouth, sewn valve, pasted valve stepped end, and others in the current year.

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More Valuable Insights on Paper Bags Market

In its latest report, Future Market Insights offer a detailed and unbiased analysis of the global paper bags market. It provides historical data for the period of 2015-2021 and forecast statistics for the period of 2022-2030.

In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (sewn open mouth, pinched bottom open mouth, pasted valve, pasted open mouth, flat bottom), material type ( brown kraft, white kraft), thickness (<2 ply, 2 ply, 3 ply, >3 ply), end use ( agriculture & allied industries, building & cons, food & beverage, retail, chemicals, others), across six major regions (North America, APEJ, Western Europe, Eastern Europe, Latin America, MEA, and Japan).

Key Segments Covered in Paper Bags Industry Research

Paper Bags Market by Product Type:

  • Sewn Open Mouth
  • Pinched Bottom Open Mouth
  • Pasted Valve
  • Pasted Open Mouth
  • Flat Bottom

Paper Bags Market by Material Type:

  • Brown Kraft
  • White Kraft

Paper Bags Market by Thickness:

  • <2 Ply
  • 2 Ply
  • 3 Ply
  • >3 Ply

Paper Bags Market by End-User:

  • Agriculture & Allied Industries
  • Building & Cons
  • Food & Beverage
  • Retail
  • Chemicals
  • Others

Paper Bags Market by Region:

  • North America Paper Bags Market
  • Latin America Paper Bags Market
  • Europe Paper Bags Market
  • East Asia Paper Bags Market
  • South Asia Paper Bags Market
  • Oceania Paper Bags Market
  • Middle East & Africa (MEA) Paper Bags Market

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

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Tissue Paper Converting Machines Market Overview and Competitive Landscape till 2026

The worldwide tissue paper converting machines market is assessed at US$ 1.6 Bn in 2022 and is supposed to arrive at US$ 1.9 Bn by 2026, at a CAGR of 4.9% from 2022-2026.

According to the report, the tissue paper converting machines market is estimated to grow by 4.9% YOY in 2022, primarily influenced by recent technologies for enhancing tissue paper formats. According to FMI’s report, increasing focus on strength, printing and embossing quality, and production cost-effectiveness of tissue paper is contributing to the build-up of tissue paper converting machines market through 2026.

In 2018, Gambini launched AirMill, the innovative technology that enhances the embossing technology and transformed the conventional tissue paper into increasing volume and good absorbency without compromising its tensile strength. Consumer proclivity for soft and high absorption quality tissue paper, combined with good strength and compact format, will also continue to provide a fillip to the sales of tissue paper converting machines in 2022 and beyond.

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Companies Investing Heavily in Capacity Expansion of Tissue Paper Products

As per FMI analysis, the consumption of tissue paper in last three years has rapidly increased owing to the growing concern around hygiene maintenance. As tissue paper is used for one time only, it helps to prevent chronic disease spread. This creates a huge opportunity for tissue paper key players. The tissue paper manufacturers have started investing in capacity expansion and quality management.

On 27 November 2018, Cascade Inc. invested US$ 58 million to modernize tissue converting capacity at its Wagram, NC plant.

In 2018, Metsa Tissue, replaced its old machines with an increased capacity machine having production capacity of 10,000 Tones. In order to deal with the growing demand of tissue paper in West European region, the company started new away-from-home, converting lines at its Germany plant.

Implementation of Hybrid Technology in Industries Creating New Opportunities

In order to deal with market competition, key players are laying maximum focus on developing innovative and integrated technologies of tissue paper converting machines. In 2018, Gambini S.p.A. one of the leading manufacturers of converting machineries, introduced Gambini for You (G4U) – Pilot Line along with the strategic partner AirMil. This consists of a pilot line from the unwinders to the log saw with the format 2.8m and speed up to 550 m/min. Moreover, Fabio Perini S.p.A. recently launched MyPerini, a complete range of converting and packaging line for tissue papers.

Toilet Roll Converting Machine Lines Gaining More Traction

As per FMI’s study, the demand for toilet roll converting line is dominating the global market of tissue paper converting machines. The key players can skip the use of rewinding of logs using advanced toilet tissue paper converting lines. It is witness that the demand for toilet tissue paper is growing significantly in Asia Pacific and North American regions.

As per the report, the global sales of toilet roll converting machines poised to reach ~2 thousand units in 2019. Following this, the demand for kitchen roll converting machines is estimated to shoot up by the end of 2027, as the European consumers have a higher demand for kitchen tissue paper in consumer and hospitality sectors.

The modern converting machines maintains the embossing and printing quality during tissue paper formatting. The sales of folded tissue paper converting machine lines will continue to remain less, reveals the FMI study. Owing to an increasing preference of pocket tissue papers, the demand for paper napkin converting machines is expected to be bearish during 2019-2027. The market share for standalone machines will remain constant due to increasing preference of integrated technology based machineries.

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What Impact Has the COVID-19 Pandemic had on the Global Tissue Paper Converting Machines Market?

Due to the virus outbreak, demand for toilet paper has soared, which has bolstered the global market for tissue paper packaging machines. A substantial chunk of the demand for tissue paper converting machines comes from toilet roll converting machines.

The requirement for productivity enhancement across tissue paper manufacturing plants in order to fulfil the growing demand for toilet rolls and tissue boxes have propelled purchases across the industry. The coronavirus crisis has put pressure on a variety of product suppliers, including tissue paper manufacturers.

The need for tissue paper continues to rise in hotels, households as people are now more concerned about maintaining hygiene, which supports the market growth of tissue paper machines. Tissue paper sales have also increased as a result of the rise in the use of sanitary and kitchen rolls in large hotels, households and hospitalities.

As a result of the aforementioned considerations, tissue manufacturers are under pressure to improve their output. Consequently, the need for quality assurance in tissue manufacturing has prompted the implementation of high-quality manufacturing standards. In the years ahead, the worldwide tissue paper packaging machines market is expected to generate new income.

Competitive Landscape

To get a competitive advantage, the market’s leading companies have sought to extend their global reach, improve their product quality portfolio, and speed up the development process. Additionally, most companies employ marketing strategies such as mergers and acquisitions to broaden their market reach and strengthen their position.

For instance,

  • On February 5 2021, Smurfit Kappa starts to expand its paper sacks business in Latin America, with plans to establish and modernise its Latin American paper sacks company.
  • On November 24, 2021, Newcel Paper Converts Ltd. was the first to acquire in UC Tissue Nexus 65i fully automatic converting lines. The UK-based company will be able to enter the laminated product market as well as significantly increase its output capacity for its Away From Home (AFH) division thanks to strategic investments.

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Tissue Paper Converting Machines Market by Category

By System Type:

  • Toilet Roll Converting Lines
    • Consumer
    • Away From Home
  • Kitchen Roll Converting Lines
    • Consumer
    • Away From Home
  • Folded Tissue Converting Line
    • Consumer
    • Away From Home
  • Paper Napkin Converting Lines
  • Standalone

By Operation Type:

  • Automatic
  • Semi-Automatic

By Region:

  • North America
  • South America
  • Middle East and Africa (MEA)
  • Europe
  • Asia Pacific
  • China
  • Japan

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Duct Tapes Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2027

As per Future Market Insights (FMI), the duct tapes market will develop by 5.2% CAGR somewhere in the range of 2021 and 2031 as application expansions in enterprises like HVAC, building and development, car, electrical and hardware, transporting and coordinated operations, and others for fixing, fixing, coding, waterproofing, tying, grafting and different purposes.

Duct tapes offer surface insurance alongside different advantages like sturdiness, strength, temperature opposition, and others which makes them well known among the different end-use ventures. They are accessible in various kinds according to the necessity of end clients which adds to the deals of duct tapes across different districts.

Duct tapes additionally are accessible in various tones which are utilized for demonstrating some wellbeing data or for coding or for arranging. The various varieties make it simple for businesses to give data. Likewise, it tends to be utilized as a marketing and publicizing device which is an additional advantage for end clients. On the rear of these variables, the interest for duct tapes is expected to develop during the estimate time frame.

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Key Takeaways from Duct Tapes Market

  • By product type, the professional grade duct tapes segment is anticipated to remain the leading segment, accounting for around 37% of the market share by the end of 2031.
  • Based on adhesive type, the natural rubber based adhesives segment is projected to register a CAGR of 5.7% during 2021-2031.
  • Cloth segment by backing type is estimated to create the highest incremental opportunity of US$ ~1.4 Bn during 2021-2031.
  • By application, sealing segment followed by waterproofing segment and repairing segment are forecast to hold around 68% of the market share.
  • 10 to 15 Mil segment under thickness is estimated to expand 1.9x times the current market value in the next ten.
  • By end-use industry, the HVAC segment and building & construction segment are anticipated to expand at a CAGR of 5.8% and 6.4% respectively during 2021-2031.
  • North America, Europe, and East Asia will register highest demand for duct tapes. These regions together are projected to hold approximately 68% of the market share by the end of 2031.

 “The need for strong sealing & repairing solutions among the various industries such as building & construction, shipping & logistics, HVAC, and others is fuelling the demand for adhesive tapes such as duct tapes,” says an FMI analyst.

Professional Grade Duct Tapes to Register High Demand

Manufacturers engaged in the production of duct tapes are offering various types of professional-grade duct tapes, which are helpful for a variety of household and industrial uses. Professional grade duct tapes offer excellent durability and increased holding power as compared to other filament tape alternatives, making them the most preferred adhesive tape type in the market. The increase in demand for duct tapes can be related to increased repair & maintenance works across all industries.

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Customized Duct Tapes to Remain Highly Sought-after

Customization and personalization are major trends prevailing in duct tapes market. Along with industries, customers are also attracted towards the product that have the company’s brand name, logo or some other unique identification marks.

To meet the advanced needs of globally renowned brands, the trend of customization is largely followed in the duct tape market. Manufacturers of duct tapes are offering customized duct tapes to large corporate clients as per requirements, having a brand name or logo printed on the tapes. Also, they market it as a cost-effective marketing tool as compared to printed boxes and other packaging materials.

The customization trend is anticipated to grow over the forecast period and offer growth opportunities to duct tape market players.

What is the Impact of COVID-19 on Duct Tapes Market?

The COVID-19 pandemic had an adverse impact on the duct tapes market as the demand for duct tapes declined during the pandemic due to various factors. The decline in demand was due to the slowdown in operation across various industries along with a disturbed supply chain.

Building & construction, HVAC, shipping & logistics, and other industries incurred losses due to various government restrictions on transport, supply-chain, and human to human interaction. This also caused operations within the duct tapes market to be hampered.

However, as restrictions were lifted and operations recovered across industries, the demand for duct tapes also increased. This trend is expected to continue through the course of the forecast period.

Duct Tapes Market Landscape

3M Company, Intertape Polymer Group Inc., Shurtape Technologies, LLC, Berry Global Group Inc., Tesa SE Group, SICAD S.p.A., PPM Industries S.P.A., Pro Tapes & Specialties, Inc., Scapa Group plc. are the top players operating in the target market. Furthermore, Ajit Industries Private Limited (AIPL), Supertape BV, and Vibac Group S.p.A., are leading players in the market. The Tier 1 players in the market hold 05-10% in the global market for duct tapes.

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Duct Tapes Market by Category

By Product Type:

  • Removable Duct Tapes
  • Professional Grade Duct Tapes
  • Utility Duct Tapes
  • Specialized High Strength Duct Tapes

By Adhesive Type:

  • Natural Rubber based Adhesives
  • Synthetic Rubber based Adhesives

By Backing Type:

  • Plastic
    • Polyethylene
    • Polyvinyl Chloride
    • Polyester
  • Foil
  • Cloth

By Application:

  • Sealing
  • Repairing
  • Holding
  • Waterproofing

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

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.

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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.

 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

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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.

Market Segmentation

The research report on global plastic rigid IBC market is segmented by capacity type, material type, end use and region.

Region

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

Capacity Type

  • Up to 500 liters
  • 500-1000 liters
  • 1000-1500 liters
  • 1500-2000 liters
  • Above 2000 liters

Material Type

  • High Density Polyethylene (HDPE)
  • Low density polyethylene (LDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • Polyvinyl Chloride (PVC)
  • Others

End Use

  • Industrial Chemicals
  • Petroleum & Lubricants
  • Food & Beverages
  • Paints, Inks & Dyes
  • Pharmaceuticals
  • Other End User

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Cosmetic Tubes Market – Business Opportunities and Global Forecast to 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:

  1. Plastic cosmetic tubes are predicted to gain traction in terms of material type through 2031, owing to improved protection of cosmetics from external elements.
  2. 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.
  3. Cosmetic tubes will continue to be widely used in skincare products until 2031.
  4. 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.
  5. 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.
  6. China is predicted to dominate the East Asian cosmetic tubes market in 2031, with a dominating share.
  7. 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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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Layer Pads Market – Major Revenue Gains are Expected by 2031

As per Future Market Insights (FMI), the global layer pads market is poised to expand at 5.6% CAGR, topping the shipment of ~750’000 Tonnes between 2021 and 2031. The market is expected to register year-on-year growth of 5.4% in 2021.

Growing preference for sustainable layer pads to protect the good during transit will propel the sales of layer pads.

In response to the growing demand for sustainability, companies are manufacturing corrugated and chipboard layer pads to meet the surging demand from chemical and beverages industries. Higher use in packaging and transit of hazardous chemicals worldwide also will spur the sales of layer pads.

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FMI has predicted the sales of paperboard layer pads to grow considerably over the forecast period. However, as plastic layer pads are economical and are durable, some of the end-users will continue preferring plastic layer pads in place of eco-friendlier alternatives.

On the flip side, stringent regulations imposed by on the use of plastic are expected to push the sales of paperboard layer pads. Driven by these factors, sales of layer pads are expected to reach US$ 1.16 Bn through 2021.

Key Takeaways from FMI’s Layer Pads Market Study

  • In terms of end-user base, almost 80% of layers pads sold are used in beverages industry
  • Food and agro products industry is expected to be the second largest end user, contributing sales of US$ 125.1 Mn through 2021
  • The U.S. is expected to lead the North America layer pads market on the back of increasing demand from beverages industry
  • Expansion of manufacturing and packaging industries is expected to propel the sales of layer pads in India
  • South Korea is expected to account for 8% of global layer pads market
  • In terms of material, while plastic is expected to hold lion’s share, sales of paperboard layer pads are expected to gain pace over the coming years

“Increasing demand for protective packaging and growing preference for online shopping have compelled industries to shift their focus to sustainable and durable packaging solutions. This is expected to create ample opportunities for layer pads manufacturers to capitalize on,” says an FMI analyst. 

Competitive Landscape

As per FMI, top players are expected to account for over 15%-20% of global market share in 2021. Key players are focusing on collaboration with e-commerce and local vendors to increase their revenue generation.

Some of the key players are also introducing sustainable paperboard layer pads, to attract revenue. They are also collaborating with local and international beverages companies to expand their customer base and gain competitive edge.

As per Future Market Insights, Smurfit Kappa Group, DS Smith, International Paper, KapStone Paper and Packaging Corporation are identified as top layer pads market players.

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Layer Pads Market by Category

Material Type:

  • Plastic
    • Polypropylene (PP)
    • Polyethylene Terephthalate (PET)
    • Polycarbonate (PC)
    • High Density Polyethylene (HDPE)
    • Polyethylene (PE)
    • Other Plastic Material
  • Paperboard
    • Chipboard
    • Solid Fiberboard
    • Corrugated

End User Base:

  • Food & Agro Products
  • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages
  • Electronics
  • Chemical
  • Others (Manufacturing)

Shape Type:

  • Die Cut Shape
  • Flat Shape

ABOUT FUTURE MARKET INSIGHTS, INC.

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

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