Market Research Blog – Page 11099 – New Product Development

Bulb Packaging Market Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2027

Packaging plays a vital role in protecting products across industries throughout supply chain and shelving processes. Electronic products such as light bulbs which are delicate in nature require specific packaging that can ensure protection from damage caused from stress and shocks.

Bulb packaging not only protects light bulbs from physical damages but also is useful in providing information to the customer about the product and manufacturing company. The light bulb packaging provides information such as power demand, lumen intensity, and average life in hours, energy class, efficiency class, etc.

Damage resistant packaging can reduce the chances of bulb getting damage, thus improving the fill rate of the suppliers. The light bulb is prone to losing its functionality during transit or while lying on the shelf, hence packaging manufacturers are supplying bulb packaging that are damage resistant, strong and possess top grade qualities.

The light bulb packaging market is directly related to the installed capacity in the world for lighting needs. The light bulbs installed are required to be changed after completion of their life cycle thus fuelling the light bulb packaging market. The global bulb packaging market now covers only LED light bulbs and CFL as incandescent bulbs are in phase of transitioning out of the market.

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Bulb Packaging Market: Dynamics

The rapid urbanization and increasing population especially in APEJ region is expected to boost the demand for lightning products. The lightning need is anticipated to grow 1.3x of its present need over the forecast period which will resultantly propel the bulb packaging market.

The demand for the LED lamps is expected to increase over the forecast period due to its high efficiency which is positively influencing the light bulb packaging market. LED bulbs are expected to account for approximately half of the light bulbs over the forecast period.

The increase in the consumer inclination towards e-retail has made packaging more prominent than ever before, as now consumers are ordering household products such as light bulbs. The e-retail is expected to grow at a CAGR of 9% over the forecast period which will affect the light bulb packaging market.

The need of protecting light bulbs from physical damages during the transit and containing mercury vapors released due to breakage of bulbs, have created opportunities for innovation in the light bulb packaging market. Plastic has high insulation properties, so it is used more often for packaging purposes.

The stringent rules implemented by the regulatory authorities in some nation against the use of plastic may hamper the bulb packaging market. However, the increase in the use of eco-friendly material for manufacturing of paperboard and folding cartons provides opportunities for the bulb packaging market. Reusable and sustainable packaging can also provide new opportunities for the bulb packaging market.

Bulb Packaging Market: Regional Outlook

The APEJ & Latin America region is expected to dominate the bulb packaging market due to high production and consumption in the region. The APEJ accounts for one-third of the LED bulb production, while also being one of the major consumer for light bulbs.

Bulb Packaging Market: Key Players

Some key players operating in the bulb packaging market are Global Packaging Alliance, Global Printing & Packaging Co. Pvt. Ltd, Shenzhen Kaii Packaging Product Co., Ltd, Shenzhen Green Plastic Products Co., Ltd., FORMA Structural Packaging, Shenzhen Shunbaoda Plastic MFG Co., Ltd.

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

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The report covers exhaustive analysis on

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

Regional analysis includes

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

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

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Bulb Packaging Market: Segmentation

Bulb packaging market can be segmented by the type of material used and by the end use.

Based on the type of material used, bulb packaging market can be segmented into:

Eco-friendly material
Non ecofriendly material

Based on the end use, bulb packaging market can be segmented into:

CFL packaging
LED packaging
Incandescent lamp packaging

Regionally global bulb packaging market is segmented into

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

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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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Cup Sleeves Market is Anticipated to Reach a Market Share of US$ 45.82 Bn in 2032

Cup Sleeves Market Overview

The cup sleeves market is likely to register a CAGR of 4% during the forecast period, and is anticipated to reach a market share of US$ 45.82 Bn in 2032, from US$ 28.62 Bn in 2020, due to the swift progress of significant economies due to globalization in contemporary years.

Users of paper disposable cups have increased at a rising rate in recent years, as people’s spending power has increased, resulting in an increase in demand for cup sleeves, as disposable coffee cups and cup sleeves are substitutes.

Moreover, the need for sanitary beverages has risen, boosting the sales of cup sleeves. Users are becoming more cautious about the tableware they choose for any meal. Partially restrictions on plastics are being proposed by international regulatory authorities.

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This phase indicates that disposable cups are being used more frequently, which will increase demand for cup sleeves. In the next few years, there will be a new market for attractive designs which enhance the sales of cup sleeves, particularly for gifting purposes during the festive seasons.

Customers prefer personalized cup sleeves for their use, and demand for cup sleeves made of wool, leather, and a variety of other materials is much higher. This is anticipated to have a positive impact on cup sleeves market share.

What Contributes to the Growth of Cup Sleeves Market?

Due to the rapid advancement of significant economies as a result of globalization in recent years, there has been an increase in sales of cup sleeves throughout the hospitality industry.

The growing tourism market is leading to the advancement of various dependent sectors, which will ultimately lead to the growth of the cup sleeves market share in the coming years.

How does Income Impact the Cup Sleeves Market?

An increase in an individual’s disposable income leads to increased spending on high-quality provided food, particularly beverages, which increases the demand for cup sleeves. Visitors/tourists, in particular, enjoy hygienic meals and beverages when traveling, encouraging the sales of cup sleeves.

Furthermore, one of the key factors in the cup sleeves market might see significant growth on a global scale, due to the rising need for biodegradable disposable products and a shift away from plastic disposables.

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What is the Regional Outlook of the Cup Sleeves Market?

Due to developing economies and the ability to purchase a high-end product, countries in the Asia Pacific region are likely to represent significant potential prospects for the cup sleeves market.

North America, followed by Western Europe, is likely to generate significant incremental demand for the cup sleeves market, owing to the region’s high per capita consumption, particularly during travel and eating out. Africa and Latin America could be important markets for better sales of cup sleeves in the next few years.

The disposable income of people from the emerging economies of the countries would lead to better sales of the cup sleeves. In the following years, the overall cup sleeves market is predicted to have a positive outlook and grow at a strong CAGR.

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How Competition Intensifies the Cup Sleeves Market?

Some of the key players operating in the cup sleeves market are DOBI Ltd, Xuancheng Bo Site Commodity Co, and many local and unorganized players are expected to contribute to the global cup sleeves market share in recent years to come.

Companies are coming up with the idea of advertising on coffee cup sleeves; this provides them with various benefits for promoting their brand, including cost effectiveness, lengthy exposure time, and broad reach, as well as the ability to check user counts via QR codes on cup sleeves, exploring the demand for cup sleeves.
Sales of customized cup sleeves are on the rise in industrialized nations, while sales of personalized cup sleeves in emerging economies are expected to skyrocket in the coming years.

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Fresh Produce Trays Market Reach a Valuation of US$ 221.61 Bn by 2032

The market for fresh produce trays is anticipated to grow at a CAGR of 5% over the course of the forecast period, rising from US$ 136.05 Bn in 2022 to US$ 221.61 Bn in valuation by 2032.

Fresh Produce Trays Market: Overview

In today’s world, plastic material has emerged as a significant material in the packaging of almost every product right from food to consumer products. Nowadays, different types of packaging are produced for fresh foods such as fruits and vegetables. Fresh produce trays are one such packaging used to deliver fresh products into the market. The good quality fresh produce packaging not only yields grower’s investment, but it also creates an attractive and consistent product which can generate a high level of shelf appeal.

Fresh produce trays are produced with different materials such as cardboard, plastic including polypropylene (PP), polyethylene terephthalate (PET), among others. Growing awareness among consumers towards convenience packaging in the retail market with increased shelf visibility has emerged as a key factor and has witnessed growth in the demand for fresh produce trays. Fresh produce trays are durable and flexible, thus have various applications in the food & beverage packaging sector. Fresh produce trays allow fresh food products such as fruits to be packed at the farm and shipped to the retail stores, supermarkets, and hypermarket among others. The outlook for the fresh produce trays market is expected to be positive during the next decade.

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Fresh Produce Trays Market: Dynamics

Fresh produce trays are readily used for packaging as well as storage of both fresh and processed foods. The healthy growth of the food industry across various economies around the globe, fresh produce trays market is expected to witness high growth during the forecast period. Fresh produce trays enhance the shelf life of products and thus attract consumers. Fresh produce trays which are generally used to pack soft fruits, grapes, mushrooms or other vegetable and fruits, their top seal can be provided with various types of perforations.

Today, tray manufacturers are focusing on quality of product and are coming up with a new design that enhances consumer appeal. Fresh produce trays are made up of recyclable material and designed to preserve and protect the freshness of fruits and produce in any situation. These fresh produce trays ensure optimum protection, reduce wastage of food and have a lesser impact on the environment. These factors are expected to drive the growth prospects for fresh produce trays during the next decade. Various countries of the world are fighting with the scarcity of food. Packets and food trays are transferred to such locations. This factor is expected to drive the growth of the global fresh produce trays market during the forecast period.

Regional Outlook

The market for fresh produce trays is expected to expand at a high rate across the globe. It is due to the rising demand for freshly produced goods and products among the consumers. The U.S. is expected to witness high demand for the fresh produce trays owing to the availability of multiple supermarkets which sells fresh vegetables and fruits. In the Asian region, India and China are expected to witness high growth rate in the fresh produce trays market. In these countries, there is a high demand for seasonal fruits and vegetables. It will boost the demand for the fresh produce trays in the region. Similar trends are expected to witness in various European countries. Overall the market is supposed to witness considerable demand across the regions.

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Fresh Produce Trays Market: Key Players

Some of the leading players operating in the global fresh produce trays market are:

DS Smith
Smurfit Kappa
ILIP S.r.l.
Earthpac
RPPL Industries Ltd.
Produce Packaging (UK)
NNZ Group
Crawford Packaging
PACCOR Packaging Solutions
Cascades Inc.

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

Regions Included:

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

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Fresh Produce Trays Market: Segmentation

Globally, the fresh produce trays market has been segmented on the basis of material type, product type, sales channel, application and region:

On the basis of material type, the global fresh produce trays market has been segmented as:

Paperboard
Plastic
- PET
- Polypropylene

On the basis of product type, the global fresh produce trays market has been segmented as:

Shelf Display Trays
Standard Trays
Insert Trays

On the basis of sales channel, the global fresh produce trays market has been segmented as:

Distributors
Specialty Stores
Ecommerce

On the basis of application, the global fresh produce trays market has been segmented as:

Fruits
Vegetables
Sea-food
Poultry Products
Others

Report Highlights:

A detailed overview of parent market
Changing market dynamics in the industry
In-depth segmentation of the fresh produce trays market
Historical, current, and projected fresh produce trays market size regarding volume and value
Recent industry trends and developments
Competitive landscape
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on performance of fresh produce trays market
must-have information for market players to sustain and enhance their footprint in fresh produce trays market

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HDPE Containers Market Demand, Sales Projection, Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032

The market for high-density polyethylene (HDPE) containers is anticipated to expand at a CAGR of 4% to 5% from 2022 to 2032. The bottle segment, one of the container-type verticals, is anticipated to reach or exceed US$ 70 Bn by the end of 2032, growing at a CAGR of 3% to 4% between 2022 and 2032. The sales of HDPE containers on the international market are being boosted by the rising demand for strong, lightweight packaging solutions across numerous industries.

Market Overview

This Global Hdpe Containers 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 Global Hdpe Containers market.

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Global HDPE Containers Market: Overview

HDPE containers are made from High-Density Polyethylene (HDPE) granules which are made by heating petroleum to certain desired temperature. HDPE containers are strongly preferred over traditional plastic bottles due to its properties such as lightweight, durable, long lasting, impact-resistant and weather resistant. From the manufacturing point of view HDPE containers are reusable and easy to mold, and it emits less of harmful gasses during production. HDPE Containers are used in packaging of chemicals, detergents, cosmetic, fruit juices, etc. as it doesn’t contaminate any product. HDPE containers have several distinguishing properties which make it ideal for the packaging industry. It is stronger than standard polyethylene and acts as a strong barrier against moisture, while maintaining its solid state at odd temperatures. HDPE containers do not produce harmful emissions during production and during its consumption cycle and therefore has become the most preferred thermoplastic. HDPE containers are a sustainable packaging choice as they can be recycled. HDPE containers are a versatile product and are applicable to a variety of applications ranging from consumables packaging, cosmetics, personal care products, beverage bottles, household goods to technical parts and even products used in construction industry. HDPE containers have the large strength to density ratio and are easily flexible and highly weatherproof. HDPE containers are lightweight, readily available and economical in nature. The above mentioned properties make HDPE containers different from traditional plastics.

Global HDPE Containers Market: Dynamics

HDPE containers are highly preferred for number of packaging applications due to its environmentally friendly nature and recyclability. HDPE containers are the most commonly recycled plastics on a very large scale globally. HDPE containers have a huge worldwide market among all thermoplastic containers. Demand for high-density polyethylene resins has been continuously rising since last few years due to increase infrastructural activities globally. The major driving factor of the HDPE containers is the rise in the demand for plastic containers due to its great performance advantages over alternative packaging formats. HDPE containers are preferred material in the packaging industry because of it is comparatively a low-cost material. HDPE containers include bottles, jars, cups, bowls, cans, drums and pails etc., bottles and jars represent more than 50% of share among the other container type. Among major bottle and jar markets, the fastest gains for HDPE containers are anticipated for pharmaceutical and food applications. In pharmaceutical applications, growth of HDPE containers will be supported by rising pharmaceutical production. However, fluctuation in the HDPE resin price can affect the HDPE containers price adversely. Competitive materials such as polypropylene may also hamper the growth of HDPE containers market during the forecast period.

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Global HDPE Containers Market: Regional

The global HDPE containers market is expected to witness high growth during the forecast primarily due to increasing end-industry usage, technological advancements and continuously growing demand from countries such as India and China. Easy availability of the HDPE polymer as a raw material in the US, Germany and Japan has resulted in increased usage of this plastic resin for HDPE containers. Middle East and Africa to witness moderate to high growth in the HDPE containers market during the forecast period.

Global HDPE Containers Market: Key Manufacturers

Parker Plastics
Graham Blowpack Pvt.ltd.
Vivek Polymer India
Maynard & Harris Plastics
CL Smith
All American Containers
BERK COMPANY, LLC
Alpha Packaging
Kaufman Container
Fisherbrand
United states

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

Regional analysis includes –

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

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Global HDPE Containers Market: Segmentation

Global HDPE containers market is segmented on the basis of Container Type:

Bottles
Jars
Cups & Bowls
Drums
Cans
Others

Global HDPE containers market is segmented on the basis of Capacity into:

Upto 200 ml
200-500 ml
500 -1000 ml
1000 ml and above

Global HDPE containers market is segmented on the basis of end-use:

Food & Beverage
Pharmaceutical
Personal Care & Cosmetics
Chemical Industry
Industrial
Petroleum Industry

Report Highlights:

A detailed overview of the parent market
Changing market dynamics in the industry
In-depth segmentation of the market
Historical, current, and projected size of the market, regarding volume and value
Recent industry trends and developments
Competitive landscape in the market
Strategies for key players operating in the and products offered by them
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on performance of the market
Must-have information for market players to sustain and enhance their market footprint

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Automatic Banding Machine Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2032

The global automatic banding machine market is forecast to reach a valuation of US$ 5.3 Bn by 2032, with demand increasing at a 4.8% CAGR over the assessment period.

Banding machines are known for being user-friendly and sturdy. An automatic banding machine uses plastic tape or paper tape to wrap items together. The items which are misaligned easily such as reams of paper, envelopes, paper money, etc. are suitable for banding. All these benefits are increasing sales of automatic banding machines.

The automatic banding machine market is segmented into semi-automatic banding machines and fully automatic banding machines but the demand for full-automatic banding machines is more as compared to semi-automatic banding machines. These machines provide a more efficient method to apply bands without damaging the product and reducing human intervention.

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Eco-friendly packaging is now a crucial environmental consideration which means the least amount of plastic, packaging material, and energy should be used. Banding helps to reduce CO2 footprint and waste because it stands for “only as much packaging as needed” and offers an aesthetic look to products.

Wholesalers and retailers are attentive to this and pass on parallel requirements to their suppliers and producers, who then look for suitable packaging solutions for their products. As the demand for eco-friendly packaging increases, sales of automatic banding machines will rise in tandem.

“Increasing demand for flexible packaging in the pharmaceutical sector, along with expansion in the ecommerce sector across emerging economies will augment the growth in the market over the forecast period,” says and FMI analyst.

Key Takeaways:

By end use, the e-commerce segment is expected to hold 25% of the total market share by 2032.
Based on machine type, sales of fully automatic banding machines are expected to increase 1.5 times the current value over the forecast period.
Demand for automatic banding machines in Japan will grow at a 4.3% CAGR over the assessment period.
Sales in the China automatic banding machines market are slated to increase at a 6.2% CAGR through 2032.

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Competition Landscape

Bandall Inc., Bandpak, Sunpack Xutian, Felins, HXCP Precision Machinery Co., Ltd., EAM-MOSCA CORPORATION, StraPack, Corp., Millenium Packaging Solutions, RMH systems, Inc., TPC Packaging Solutions, Huff Technologies Inc., Reisopack B.V., Stream Peak International Pte Ltd, ISG PACK, CARBONCHI CTI Ltd, WEXLER PACKAGING PRODUCTS INC., ATS, FEIFER, Av SAB F.P.M, PAC Strapping Products, Inc. are some of the key players operating in the global automatic banding machine market.

Global Automatic Banding Machine Market Report

Future market insights, in its new report, offers an unbiased analysis of the global market for automatic banding machine market by machine type (semi-automatic banding machine, and automatic banding machine), by speed (less than 20 bundles/min, 20-30 bundles/min, and more than 30 bundles/min), by end use (e-commerce, banking, pharmaceuticals, printing, food & beverages, consumer goods, electrical & electronics, automotive, chemicals, and others (industrial, textile, etc.)), across seven regions.

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Automatic Banding Machine Market by Category

By Machine Type:

Semi-Automatic Banding Machine
Fully-Automatic Banding Machine

By Capacity:

Less than 20 bundles/min
20-30 bundles/min
More than 30 bundles/min

By End Use:

E-commerce
Banking
Pharmaceuticals
Printing
Food & Beverages
Consumer Goods
Electrical & Electronics
Automotive
Chemicals
Others (Toy, Textile, etc.)

By Region:

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

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About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

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Anti-corrosion Bags Market Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2032

This Anti Corrosion Bags 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 Anti Corrosion Bags market.

Global Anti-corrosion Bags Market: Overview

Rust and corrosion are the barriers in transportation of metallic products, specifically in the aeronautics and military field. The anti-corrosion bags are used to protect these components from external reactions with environmental compounds. The manufacturers prefer packaging which does not affect the material life of the product. The anti-corrosion bags market is estimated to have significant increase, as the frequently changing climatic conditions are substantially influencing the material life during its transportation and storage.

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The anti-corrosion bags are appropriate solution for shipping ferrous and non-ferrous metal components. The anti-corrosion packaging is typically transparent, which allows easy identification without opening packages. There are different varieties of anti-corrosion bags are available, which includes zip seal bags, vacuum storage bags and other film bags. The anti-corrosion bags are heat sealable and are cost-effective solution for manufacturers in different industries. Anti-corrosion bags are also co-extruded, as the strength is required to hold metallic products, as well as high tear resistance to prevent from sharp edges of the components. Anti-corrosion bags are used for prevention of products from not only rust but also from other molecules as well as dust.

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Global Anti-corrosion Bags Market: Dynamics

High mechanical strength of the anti-corrosion bags is the crucial factor, adding significant increase to anti-corrosion bags market growth. The anti-corrosion bags are available in different sizes and shapes. The film which is used to manufacture anti-corrosion bags is co-extruded, and also includes barrier layer in it. The anti-corrosion bags market is expected to witness noticeable growth during the forecast period, as the protective packaging is preferable among manufacturers.

The sudden change in weather may affect the normal packaging drastically, and the metal components can react with external elements. Improving packaging quality is the beneficial choice for the manufacturers producing metallic components. Anti-corrosion bags are used to serve various industries, which mainly includes electronics & electrical. Anti-corrosion bags market is estimated to expand at a higher growth rate than normal polymer bags for metallic products. Anti-corrosion bags with VCI chemistry are responsible for protective metallic component packaging.

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Global Anti-corrosion Bags Market: Key Players

EXCOR GmbH
Green Packaging Inc.
Armor Protective Packaging
Polyplus Packaging Ltd.
Heritage Packaging
Benz Packaging

Global Anti-corrosion Bags Market: Key Developments

Manufacturers in the anti-corrosion bags market are focusing on providing protective packaging solutions to the retailers and consumers. Anti-corrosion bags market is estimated to experience growth as per its applications in machinery, automobile components, and other metallic instruments.

Companies such as Heritage packaging, Green Packaging are offering variety of products in VCI (Volatile Corrosive Inhibitor) packaging which mainly includes anti-corrosion bags and films.
Manufacturers in the market are engaged in joint venture programs such as EXCOR GmbH is in collaboration with Northern Technologies International Corporation (NTIC).

Global Anti-corrosion Bags Market: Regional Outlook

The global anti-corrosion bags market is estimated experience moderate increase in the upcoming years, as the shipping containers with suitable compartments for different type of instrument is available in the market. Progressive manufacturers in the anti-corrosion bags market in U.S. are ISO certified which dictates about their credibility. The change in laws for transportation of metallic products in different countries may affect the anti-corrosion bags market growth. International Safe Transit Association testing is responsible for the transportation of the medical devices in the United States. The anti-corrosion bags market is estimated to have remarkable growth as compared to normal bags, due to the efficient packaging functionalities.

The anti-corrosion bags 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 anti-corrosion bags market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with anti-corrosion bags market attractiveness as per segments. The report also maps the qualitative impact of various market factors on anti-corrosion bags market segments and geographies.

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Global Anti-corrosion Bags Market: Segmentation

On the basis of layer type, the global anti-corrosion bags market has been segmented as

Mono-layer
Multi-layer

On the basis of product type, the global anti-corrosion bags market has been segmented as

Flat Bags
Gusseted Bags
Zipper Bags
Other Customized Bags

On the basis of end use, the global anti-corrosion bags market has been segmented as

Electronics & Electrical
Building & Construction
Automotive
Pharmaceuticals & Medical Devices
Households
Consumer Goods

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The global anti-corrosion bags market has been divided into seven regions:

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

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Non-UV Dicing Tapes Market Demand is High in the Electronics Industry for Large Die Sizes due to is Made up of Flexible Films

The Non-UV Dicing Tapes Market is anticipated to increase at a high CAGR of 6% 2022-2032, reaching a value of US$ 2.13 Bn by 2032.

Non-UV dicing tapes are used for large die sizes in the electronics industry. It is made up of flexible films, which is commonly made up of PVC material. The majority of the dicing tape manufacturers have a strong presence in China, Taiwan, and Japan. However, the manufacturers of dicing tapes are expanding their global reach in other regions of Europe and Americas due to the developed manufacturing industry.

The non-UV dicing tapes are used for wafer back grinding, applicable in the process of gaining considerable momentum across the wafer fabrication industry. Thin wafers contribute significantly to producing energy-efficient end devices without incurring higher switching costs.

Thus it causes increased demand for non-uv dicing tapes during the forecast period. The escalating demand for high-performance flexible circuits from end-users has influenced the demand for PCB, ICs, and other electronic components. Therefore the need for non-UV dicing tapes is expected to increase simultaneously.

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The non-UV dicing tapes are available in transparent as well as in a blue colour. Where transparent non-UV dicing tapes are used for low-intensity work of semiconductor and blue non-UV dicing tapes are used for high-intensity dicing for semiconductors.

Non-UV Dicing Tapes Market: Dynamics

The demand for non-UV dicing tapes primarily influenced by the increased demand for the semiconductor manufacturing industry. Non-UV dicing tapes are increasingly gaining preference among semiconductor manufacturers due to the easy removal of chips from wafers after the dicing process.

The decrease in size chips or ICS in electronic devices is reduced due to technological advancements. Hence, it is driving the non-UV dicing tapes market among IC manufacturers. The demand for non-UV dicing tapes is expected to be escalated by the increasing electronic durable gadgets during the forecast period.

PET is the most commonly used material for the manufacturing of non-UV dicing tapes, owing to its advantages such as light in weight, stability, good barrier protection, and high-pressure resistance offered by PET material. Non-UV dicing tapes commonly used in wafer dicing applications.

The manufacturers are reducing the thickness of the wafer due to technological advancement and the growing demand for aesthetically thin electronic products. Thus it results in increased demand for non-UV dicing tapes during the forecast period. The increase in demand for electrical and electronic devices is expected to create an opportunity for the manufacturers of non-UV dicing tapes in the coming years.

It is due to an increase in demand for products such as computers and electrical appliances. Thus it has boosted the demand for PCBs and semiconductors. Therefore the market is expected to witness a positive outlook towards non-UV dicing tapes over the forecast period.

Non-UV Dicing Tapes Market: Regional Outlook

The Asia Pacific region represents remunerative growth opportunities for non-UV dicing tapes market during the forecast period. It is due to the rise in the consumption of compact semiconductors that generate demand for dicing tapes. There is an increased demand for non-UV dicing tapes in developing countries such as India, Brazil, etc.

Established packaging manufacturers are increasingly planning to set-up their manufacturing base in these countries. In addition, emerging economies import electronic components such as semiconductors and PCBs for the production of electronic devices.

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Recent Development in Global Non-UV Dicing Tapes Market

In March 2017, the company set up QES Technology Phillippines Inc. in Manila. It increases the capacity of the company, and increase the supply of non-UV dicing tapes market in Manila.

Non-UV Dicing Tapes Market: Key Players

Some of the leading players operating in the non-UV dicing tapes market are as follows :

Pantech Tape Co. Ltd.
Furukawa Electric Co. Ltd.
Mitsui Chemicals Inc.
AI Technology, Inc.
LINTEC Corporation
Pantech Tape Co. Ltd
QES GROUP BERHAD

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

Regional analysis includes

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

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Non-UV Dicing Tapes Market: Segmentation

By Material Type:

PVC
PET
PO
Others (EVA, etc.)

By Thickness:

85-125 Micron
126-150 Micron
Below 85 Micron
Above 150 Micron

By Coating Type:

Single Sided
Double Sided

By Application:

Wafer Dicing
Package Dicing
Others (Glass, Ceramics)

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Asset Tags Market Demand, Sales Projection, Size, Business Growth, Innovation and Trends by 2032

The Asset Tags Market is projected to reach a valuation of US$ 1765.6 Million in 2022, likely to surge at a vigorous 5.2% CAGR from 2022 – 2032

Asset tags are frequently employed as a serial number or a barcode to maintain tabs on the specific asset’s movements. The demand for many goods that may be delivered across great distances or beyond geographic boundaries has increased as a result of technological improvements. In order to avoid any accidents or crimes, these products need to be closely supervised. Asset tags accomplish this by monitoring the movement of such goods and preventing theft. Asset tags are crucial for monitoring the product route, as well as for protection. If the product route veers off course, these asset tags can be used to correct it.

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Asset tags’ promise to provide excellent customer service, together with their efficiency and higher level of security, might be credited. These characteristics are used by asset tags to identify many products all across the world. Additionally, they are used to locate, fix, and maintain fixed assets including structures, traffic signals, tunnels, and other systems attached to buildings.

Asset Tags Market: Dynamics and Their Influencing Factors

Since previous years, asset tags have become increasingly used on a global scale. It may be claimed that the market for asset tags is expanding due to consumer demand for tracking and product identification. Additionally, by removing the need for customers to wait in lengthy lines to find products at retail outlets, they offer convenience to the customer. In order to identify products quickly and for the convenience of the client, scanning lasers are utilised. Large-scale urbanisation growth and the quick speed of lifestyle change suggest individuals want to complete chores more quickly. Manufacturers and retail stores often favour asset tags. The market for asset tags is driven by their rising volume.

Asset Tags Market: Competitive Landscape

The key players present in the global asset tags market are Alpha Signs, custom Labels, Brother International Corporation, Labels China, Premier Holotech and AB&R.

A thorough analysis of the market is included in the research. It does this using in-depth qualitative insights, historical information, and reliable market size predictions. The report’s forecasts were created utilising established research techniques and presumptions. This allows the research study to act as a central source of analysis and data for all market-related topics, such as regional markets, technology, types, and applications.

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Key Segments Profiled in the Asset Tags Industry Survey

Raw Materials:

Metal Asset Tags
For flat surfaces
For curved surfaces
Plastic Asset Tags

Label Type:

Barcode
Number

Size:

0.75″ x 1.5″
0.75″ x 2″
1.25″ x 2″
0.5″ x 1.25″
0.5″ x 1.75″
0.625″ x 1.75″
Others

End Use:

Property ID tags
School barcodes
Hospitals
Churches
Anti-theft labels
Others

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Semiconductor Packaging Market Demand Growing at a CAGR of 6.5%, Reaching US$ 50.6 Bn by 2032

The global semiconductor packaging market is expected to reach US $ 26.9 billion by 2022. Sales are expected to increase to 6, 5% CAGR during the evaluation period, with the market valuation reaching $ 50.6 billion by 2032.

Semiconductor packaging is widely used in electronic devices, as they act as a mediator between substances. Semiconductor packaging plays a crucial role in defensive IC chips, as it surrounds the environment and ensures that the chip mounts to the developed wiring boards.

Increasing demand for innovative digital devices such as smartphones, tablets and portable devices will stimulate demand for semiconductor packaging. In addition, the growing integration of semiconductors in autonomous and electric vehicles will continue to drive sales in the automotive sector over the planned period.

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Semiconductor packaging is also widely used in the aerospace and defense industry. It is used for data processing units and aircraft guide control sets in the aerospace industry.

The defense sector uses semiconductor chips for the missile defense system. In addition, advanced fighter jets require a large amount of semiconductor packaging. The aviation industry also uses semiconductors for boarding, control and immigration applications. This is expected to increase semiconductor packaging sales during the forecast period.

“Increasing demand for plastic semiconductor packaging, along with the expansion of the electronics sector into emerging economies will drive market growth over the forecast period.” says an IMF analyst.

Key points:

Depending on the type of material, sales in the plastic segment will account for 42% of the total market share in 2022.
As for the end-use industry, the consumer electronics segment will offer an incremental opportunity of about US $ 12.1 billion.
The US is expected to account for 16% of North America’s semiconductor packaging market share by 2032.
India’s semiconductor packaging market will offer an incremental opportunity of more than $ 1.7 billion.

Competition landscape

Amkor Technology, ASE Group, Intel Corporation, Samsung Electronics Co., Ltd., Texas Instruments, Fujitsu Limited and Powertech Technology, Inc. are the main players operating in the semiconductor packaging market. Some of the other notable players in the global semiconductor packaging market include Taiwan Semiconductor Manufacturing Company, FlipChip International LLC, HANA Micron Inc., ISI – Interconnect Systems, Veeco Instruments Inc., Signetics, Broadcom Inc. and STMicroelectronics NV are some of the leading players operating in the global semiconductor packaging market. Level 1 key players have around 20-25% of the global semiconductor packaging market.

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Semiconductor packaging market report

Future Market Insights, in its new report, offers an unbiased analysis of the global semiconductor packaging market, analyzing historical demand for 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections for semiconductor packaging based on material (plastic, ceramic and metal), technology (grid matrix, small contour packaging, lead-free flat package and dual in-line packaging) and the end-use industry (consumer electronics, automotive, healthcare, computer and telecommunications, aerospace and defense) in seven regions.

Semiconductor packaging market by category

By material:

By technology:

Grid matrix
Small scheme packing
Lead-free flat pack
Dual line packaging

By end-use industry:

Consumer electronics
Automotive
Health care
Computers and Telecommunications

Aerospace and Defense

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About the packaging division of Future Market Insights

Future Market Insights ’packaging division offers in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a single view of the control panel. From packaging materials, packaging machinery to packaging designs and formats, Future Market Insights has a comprehensive database for these vertical sectors, offering customers unique research offerings and strategic recommendations. With a repository of more than 1,000 reports, the team has thoroughly analyzed the packaging industry in more than 50 countries. The team evaluates all nodes in the value chain and offers end-to-end research and consulting services; contact us to explore how we can help.

Table of Contents

Executive summary

1.1. Global market prospects

1.2. Demand trends

1.3. Supply trends

1.4. Analysis of the technological roadmap

1.5. Analysis and recommendations

Market overview

2.1. Market coverage / Taxonomy

2.2. Market definition / Scope / Limitations

Market background

3.1. Market dynamics

3.2. Impact of Covid-19

3.3. Macro factors and forecast factors

3.4. Value Chain Analysis

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Probiotic Drink Market Set for Rapid Expansion during Forecast Period 2022-2032

The global probiotic drink market is set to witness growth at a CAGR of 7.8% and is anticipated to reach a valuation of around US$ 39.2 Bn by 2032, finds Future Market Insights in its latest study.

Growth is primarily attributed to the growing awareness regarding health coupled with increasing consumption of functional food and beverages. Additionally, probiotic drinks help to maintain a healthy balance of stomach bacteria, which improves digestion, immune function, and weight loss.

These drinks improve bowel movement and absorbs nutrition if consumed on a regular basis. Furthermore, these beverages boost mental health, which is driving the demand for probiotic drinks.

As these probiotic drinks helps in battling depression, OCD, anxiety, and autism, consumption of these drinks in millennials is increasing. As a result, several beverage firms are expanding their product lines by include functional beverages, such as probiotic drinks, in their portfolio.

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Key Takeaways from Market Study

The global probiotic drink market is anticipated to reach a valuation of around US$ 18.5 Bn by the end of 2022
Based on product type, dairy based probiotic drink is anticipated to account for around 50% of the market share over the forecast period.
North America probiotic drink market is expected to witness growth at 7.5% CAGR during the forecast period.
Sales of probiotic drink through offline sales channel to increase at a significant rate over the assessment period
East Asia is expected to emerge as a prominent market for probiotic drink market in the forecast period

“Rising adoption of a healthy eating habits among consumers to augment the sales of probiotic drinks globally,” says a Future Market Insights analyst.

Competitive Landscape

The probiotic drink market is fairly fragmented in nature, where top players are expected to account for a sizeable share of the market. According to the study, leading manufacturers are introducing new flavors, innovative packaging and healthy ingredients in their products to woo consumers.

Chobani, LLC, introduced a new plant-based organic probiotic drink made with fermented fruit juice and oats in July 2020
Bio-K Plus International Inc. (Bio-K Plus) announced the launch of Essential, a new brand of functional beverages focused on providing premium grade probiotics, in October 2020. The Essential line will be added to the company’s existing Original and Pro lines

Probiotic Drink Market By Category

By Product Type:

Dairy Based
Plant Based

By Sales Channel:

Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
Online Sales Channel
- Company Website
- E-commerce Platform

By Region:

North America
Latin America
Europe
Middle east and Africa
East Asia
South Asia
Oceania

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Key Questions Answered in the Report

What was the probiotic drink market worth in 2021?
What is the projected growth rate of the probiotic drink market between 2022 and 2032?
What is the anticipated market value of the probiotic drink market over the forecast period?
Which region is inferred to drive the Probiotic Drink Market by 2032 end?
Who are the top players dominating the Probiotic Drink Market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market blog

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,

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