Pipes Market Is Expected To Reach US$ 133.0 Bn, Likely To Surge At A Vigorous 5.4% CAGR During 2022 – 2032

The market for pipes worldwide market was valued at US$ 127.2 billion in 2021 and is anticipated to grow at a CAGR of 5.4% to reach US$ 225.5 billion by 2032. The growth is being supported by increasing industrial application, and by the end of the forecast period, this segment is expected to hold more than 25.6% of the market share (2022-2032).

The demand for high-speed industrial, commercial, and residential construction is expected to grow, which will bolster the market for gas pipes. Additionally, there is a growing need for wastewater management in the municipal and industrial sectors. Governments are having to spend a lot of money on operating and maintaining water and wastewater management systems as well as installing new pipelines as a result.

China is expected to grow at a CAGR of 6.0% and accounts for more than 57.2% of the market share in 2022 across East Asia.

The pipes market in China is expected to witness double-digit growth in the residential and industrial sector. Rising household income rates, along with population migration from rural to urban areas, are expected to continue to drive demand for residential infrastructure.

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Increased emphasis on both public and private sector affordable housing will fuel the development in the residential and commercial infrastructure sectors. This is expected to boost the sales of the pipes in China.

Significant growth in the infrastructure and wastewater management industry and introduction of stringent government regulations are expected to positively impact the growth of the global pipes market over the coming years.

According to research, metal pipes  remains the most popular material type. The segment is anticipated to remain dominant throughout the forecast period.

The metal pipes segment is set to grow with a CAGR of 5.8% and is estimated to create an absolute dollar opportunity worth US$ 151.9 Bn.

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Metal pipes hold huge potential in the global piping industry, with a competitive value market share over other pipe categories. These pipes are extensively used for the transmission of fluids such as water, oils, gas and chemicals, and also find application as structural members in construction, and mechanical industries, especially carbon steel, alloy steel, and stainless steel seamless pipes.

Also, the  rising demand of pipes in residential sectors, large public infrastructure  projects, and places such as hospitals, malls is crating lucrative growth prospects for the pipes market players.

Competitive landscape

The global pipes market is gaining momentum with the presence of several big and small-scale system developers, manufacturers, and service providers. Prominent pipe manufacturers are collaborating and partnering with different industries for better market opportunities.

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Gemstone Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast 2022-2032

The worldwide gemstones market is expected to arrive at US$ 53,146.2Mn by 2032 from an expected US$ 30,779.1Mn in 2022. From 2017 to 2021, the market extended at a CAGR of 5.6 percent. In the entire market for pearls and adornments, the gemstone area represents half of deals.

According to the FMI research, jewelry and ornaments account for about 85% of all gemstone sales, with gemstone-studded rings accounting for the majority of these sales.

The recent trend of customizing gems and jewelry is presenting participants in the gemstones market with highly promising growth prospects.

According to the study, several producers and designers are solely focused on creating distinctive, personalized gemstone jewelry designs using cutting-edge technologies like rapid prototyping (RP) and computer-aided design (CAD) (CAD).

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However, research also unmistakably shows a consistent increase in the rate of gemstone purchases for expensive arts.

Diamond is currently the most popular type of gemstone, accounting for over 80% of all gemstone sales in terms of revenue, and is expected to continue to be so for some time to come. According to the market prediction for gemstones for the upcoming few years, the research emphasizes a potential increase in the demand for rubies.

Currently, synthetic gemstones make up more than 85% of all gemstone sales. The study predicts that synthetic gemstones’ adaptable physical properties and relatively inexpensive price point will Maintain their position as the preferable alternative to gemstones found in nature.

The high-end gemstones market will continue to cultivate a premium consumer base, notwithstanding the recent sales success of low-end gemstones. Asian consumers in emerging markets will particularly favor fine jewels that are hard to accumulate and have distinctive designs.

While this trend has its roots in the rising per-capita expenditure on lifestyle goods, a sizeable consumer population also says that they will stick to their budgetary restrictions when choosing the kind of gemstone.

Developed Regions Spearhead Global Gemstones Space, Asian Markets to Emerge Lucrative

With more than one-third of the value of the worldwide gemstone market, North America will continue to be the top destination for investment for gemstone producers, creators, and marketers. Furthermore, the survey finds that Europe has a sizably high-value share in the gemstones market, largely because there is such a high demand for jewelry made of diamonds and precious stones.

Additionally, Asia Pacific is mentioned as a crucial regional market for both diamonds and colorful gemstones. The Asia Pacific is the source of some of the highest quality, finest gemstone discoveries. According to FMI’s data, China dominates the APAC gemstones market, followed by India and Japan.

Competition Analysis: Gemstones Market Players

Given that colored gemstones have been classified as a small cottage industry, the supply of gemstones like ruby, sapphire, emerald, and others is likely to stay fragmented. There are many players, and the product selection is extensive. On the other hand, a small number of powerful players who possess concentrated mine pockets control the diamond market.

The majority of top businesses involved in the development of the mining, production, and processing capacity for gemstones are planning to do so. The mining, production, and processing of diamonds is a key component of the development strategies of several market participants in the gemstone industry.

A number of the well-known businesses operating in the global gemstones market have been profiled in the report, including Gem Diamonds Limited, Rockwell Diamonds Inc., Debswana Diamond Company (Pty) Limited, Swarovski Group, Petra Diamonds Limited, Botswana Diamonds P.L.C., Stornoway Diamond Corporation, Arctic Star Exploration Corp., KGK Group, and others.

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Market by Category

By Product Type :

  • Diamond
  • Emerald
  • Ruby
  • Sapphire
  • Alexandrite
  • Topaz
  • Others

By End User :

  • Jewellery & Ornaments
    • Bangles
    • Necklaces
    • Pendants
    • Earrings
    • Rings
    • Anklets
    • Brooches
  • Luxury Art

By Product Format :

  • Natural
  • Synthetic

By Region :

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

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Residential Hobs Market In-Depth Analysis, Growth Strategies & Comprehensive Forecast to 2027

The residential hobs market is supposed to be valued at $17 billion of every 2021. Through 2027, the market is expected to develop at a CAGR of 6.3 percent and arrive at US$ 24.5 billion.

As indicated by gauges, enlistment hobs currently hold a 55 percent market share and are supposed to increment at a solid CAGR through 2027.

Residential hobs with four burners and enlistment zones will address 33% of market income through 2027.

Leading businesses in the worldwide residential hobs market are emphasising creative product features to keep up with technological improvements, resulting in new product releases. Furthermore, a strong emphasis on research and development has been a vital contributor in the growth of the residential hob industry.

The supply-side participants of the residential hobs market are following the trend of miniaturization owing to an increase in the number of nuclear families, which has led to the designing of products that are more compact but have the same efficiency as the larger versions. Increase in the number of smart homes is another major factor driving the demand for residential hobs.

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The emergence of technologies, such as IoT, has revolutionized home automation, due to which consumers are enjoying the full benefits of technological advancements.

With the increasing popularity of induction hobs worldwide, consumers have become more aware of the energy efficiency of induction hobs, which has led to substantial growth in the demand for residential hobs.

Residential hob manufacturers are employing a variety of techniques in order to set themselves apart from the market’s other major players. The companies in the residential hobs industry are more concerned with the general public. Along with the essential functions of household hobs, these companies are producing products with improved safety and reduced human effort.

The new features in induction hobs enable them to cook faster than gas hobs. Moreover, they have a faster response time and more precise temperature setting options. They are also safer to use as the surface other than the burner is always cool. In addition, the burners are turned off automatically as soon as the cookware is removed. They are also more energy-efficient as compared to their counterparts.

Modern residential hobs provide additional benefits such as child lock for the safety of children, an automatic timer that helps the cook focus on other elements of the dish that they are cooking instead of worrying about what is on the burner, touch controls that make the operations easier, pan detection that detects whether the burner is suitable or not, and an auto switch-off that turns off the burner in case of overheating or in case the pan was removed. These benefits have resulted in an increase in the demand for residential hobs.

The global residential hobs market is segmented on the basis of the regions, which include the Asia Pacific Excluding Japan (APEJ) residential hobs market, North America residential hobs market, Middle East & Africa residential hobs market, Europe residential hobs market, Japan residential hobs market, and Latin America residential hobs market. Among all these regional markets, the Europe residential hobs market is estimated to have the highest share in terms of value.

Key Players in the Residential Hobs Market

A brief analysis of the profiles of companies is also provided in the global residential hobs market report to evaluate the key products offerings, strategies, and recent developments. Some of the key participants profiled in the global residential hobs market report include Capella Home Appliances; Sunflame Enterprises Private Limited; Bosch-Siemens Hausgeraete GmbH; FABER S.p.A; SMEG S.p.A; Amica S.A.; Electron International; Elica S.p.A.; Glen Dimplex Group; IFB Industries Limited; Arcelik A.S.; Panasonic Corporation; Miele & Cie. Kg; Haier Group Corporation; Robert Bosch GmbH.; Siemens AG; Midea Group Co., Ltd.; Samsung Electronics Co. Ltd.; AB Electrolux; and Whirlpool Corporation.

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Key Segment Based on product type

  • gas hobs
  • induction hobs

Based on price range

  • low range
  • medium range
  • high range

Based on number of burner/induction zones

  • two
  • three
  • four
  • five or more burners/induction zones

Based on sales channel

  • exclusive stores
  • multi-brand stores
  • online stores
  • independent stores
  • others

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Portable Air Conditioner Market Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook by 2027

According to recently delivered information by Future Market Insights (FMI), the portable air conditioner market is assessed at US$ 1.1 Bn in 2022 and is projected to arrive at US$ 1.3 Bn by 2027, at a CAGR of 2.7% from 2013 to 2021.

In the modern world, technological improvements are now essential. Given that most governments have passed legislation aimed at preserving the environment, it is crucial to innovate environmentally friendly products. Customers are also conscious of the value of using energy-efficient items.

Because they use less energy, portable air conditioners are environmentally friendly goods. Portable air conditioners are the main application for dual-hose and single-hose ventilation systems.

Compared to window or split air conditioning systems, portable air conditioners are quieter. In addition to cooling the air, some portable air conditioners also function as dehumidifiers. This feature is increasing demand for these products in the market.

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Because disposable income is rising and portable air conditioners are becoming more accessible, demand for them is rising. The use of portable air conditioners is increasing due to the flexibility of air conditioning systems and the demand for environmentally friendly and energy-efficient devices.

Key Takeaways from the Portable air conditioner Market Study

  • According to study, portable air conditioners between 11,000 and 15,000 BTUs will experience the fastest growth rate with a CAGR of more than 3.6%. Because they are lightweight, energy-efficient, and effective for the intended area of use, portable air conditioners with the aforementioned BTUs are in high demand and seeing increases in sales.
  • Due to people’s desire to work from various locations and the consequent need for items that are readily transportable and can be moved for a reasonable price, the residential sector is particularly lucrative for the portable air conditioner industry.
    Customers in multi-brand stores have access to a wide assortment of products, allowing them to customise their buying to satisfy their demands. But because of their anticipated quick rise, online stores
  • Customers can choose from a wide range of products at multi-brand stores, allowing them to customise their purchases to their specific needs. However, due to a number of factors, including the availability of numerous seasonal discounts and offers, online shops are anticipated to experience rapid development. Furthermore, these platforms give customers a special exchange policy, and in exchange, the new goods is given away cheaply.

Impact of COVID-19 on the Market

The COVID-19 epidemic had a significant impact on companies around the world and temporarily halted manufacturing and human movement. Additionally, the lack of international trade had altered how things worked, leading people to adopt novel and unconventional survival strategies.

In the last months of 2020, lockdown laws were loosened in a number of nations, which increased the demand for portable air conditioners. Additionally, sustained growth was produced by the resumption of international trade as well as the relaunch of e-commerce websites. Additionally, the demand for new spaces with high-quality facilities had increased as a result of the healthcare industry, which also contributed to the rise in demand for portable air conditioners.

Who is winning?

Leading portable air conditioner producers are making investments in technology developments and promoting them internationally to increase sales of portable air conditioners.

De’Longhi S.p.A., Electrolux AB, LG Electronics Inc., Midea Group, Olimpia Splendid, Haier Group Corporation, Honeywell International Inc., Carrier Corporation, The Whirlpool Corporation, NewAir, Whynter, Gree Electric Appliances Inc., Panasonic Corporation, Frigidaire, and Friedrich are a few of the major companies operating in the portable air conditioner market.

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Global Portable Air Conditioner Market by Category

By Capacity:

  • 5,000-10,000 BTUs
  • 11,000-15,000 BTUs
  • 16,000-20,000 BTUs
  • 20,000 & Above BTUs

 By End Use:

  • Residential
  • Commercial

By Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarket/Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channel

By Region:

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

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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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Furniture Polish Market Share, Development by Companies Outlook, Growth Prospects & Key Opportunities by 2027 | Future Market Insights, Inc.

The furniture polish Market is esteemed at US$ 9.7 Billion of every 2021. The market is probably going to develop at a CAGR of 5% through 2027, arriving at US$ 13.1 Billion by 2027.

Vapor sprayers are the biggest item type portion, representing almost 43% of all deals in 2021.

Asia Pacific barring Japan represents almost 30% portion of the market in 2021.

With the increase in the number of furniture installations in household and commercial sectors, maintaining furniture and protecting it from dust and other external factors has become crucial. Various types of furniture are used to provide spacious interior looks to a household as well as commercial spaces and furniture eventually requires periodical maintenance, which necessitates the use of furniture polish.

Technological reformations and extensive analysis of end-user specification sentiments remain vital for growth in furniture polish market. According to FMI’s analysis, penetration of e-commerce channels is inducing a massive shift among customers toward online channels. This trend is further being driven by availability of multiple products along with favorable deals.

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Furniture polish sales are likely to grow at over 4% y-o-y in 2019 and surpass 230 mn liters in 2019. The demand for furniture polish has significantly taken off in tandem with the broader growth in the furniture industry.

Gains have been complemented by a notable rise in furniture exports, a key aspect encouraging high-scale production activities. FMI’s new study on furniture polish market profiles this evolving landscape, bringing key insights to the fore.

Rapid transition toward water-based furniture polish is a palpable trend picking in furniture polish market. The disadvantages associated with chemical-based furniture polish, such as strong odor and harmful fumes, are inducing a shift towards water-based variants with safer applications. According to FMI’s analysis, water-based furniture polishes sales are also likely to grow on account of increasing reluctance toward VOC-inclusive products.

The FMI study finds that end-user preference for aerosol furniture polish continues to remain intact, with global sales likely to exceed 87 mn liters in 2019. Ease of usage, streak-free luster, and competitive pricing are among the key factors fuelling demand for aerosol furniture polish over other variants.

“In a bid to gain a competitive edge, manufacturers are vying to differentiate their marketing strategies with new ideas. For instance, key manufacturers of furniture polishes participate in large furniture fairs where they present and promote their collections among furniture enthusiasts”, says FMI’s report

Fire- and Heat- Resistant Furniture Sales Witnessing a Surge

While aerosol furniture polish continues to witness healthy demand, solvent-based furniture polish coffee machines are likely to proliferate at an impressive rate. Widely-acknowledged for their optimal efficiency, demand for solvent-based solutions is likely to grow at an impressive rate in 2019.

Melamine remains a highly-favored source in the furniture polish market as it offers a greater degree of flexibility and versatility to end-users. As end-users demand polishes that enhance fire- and heat- resistance, melamine sales have witnessed a spike in the recent years — the FMI study forecasts melamine furniture polish will surpass 65 mn liters in 2019.

According to FMI’s study, Asia Pacific excluding Japan (APEJ) accounted for nearly 30% share of the furniture polish market in 2018. Demand for furniture polishes in APEJ remains concentrated in China and India, where a burgeoning middle class continues to create sustained opportunities for manufacturers.

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The FMI report opines that APEJ will continue to be the largest market for furniture polishes in 2019, with North America and Europe following suit. Furniture polish sales in North America are likely to remain concentrated in the US, whereas EU5 countries continue to be at the forefront of demand in Europe.

The FMI study also profiles growth opportunities in emerging markets. The report opines that Middle East and Africa (MEA) will offer lucrative opportunities for furniture polish manufacturers, as many countries in the region work towards reducing their dependence on oil exports. The study remains bullish on the furniture polish sales in MEA, with revenues likely to grow at 2.8% y-o-y in 2018.

Key Segment

On the basis of product type

  • solvent
  • liquid
  • aerosols

On the basis of source

  • alkyd
  • melamine
  • polyester
  • lacquer
  • others

On the basis of end use

  • household
  • corporate offices
  • hospitality
  • educational institutes
  • restaurants & cafes
  • furniture manufacturers
  • others

On the basis of sales channel

  • wholesaler/distributors
  • supermarket/hypermarkets
  • specialty stores
  • online stores

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

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Anti-wrinkle Products Market Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast to 2027

The anti-wrinkle products market is supposed to be valued at $9.1 billion of every 2021. Through 2027, the market is anticipated to develop at a CAGR of 5.8% and arrive at US$ 12.8 billion.

Women remain the key demographic for anti-wrinkle products, accounting for nearly 80% of all sales. This segment is likely to grow at 5.6% CAGR through 2027. Surging retail availability of a wide range of anti-wrinkle products, coupled with a dramatic rise in the number of brands providing diverse anti-aging products, is projected to play a significant role in the revenue growth of anti-wrinkle products market.

Skincare has been an important segment driving the personal care and cosmetics industry, of which anti-aging products capture a sizable share. Increasing personal investment in self-grooming, especially anti-aging products, will sustain the sales of anti-wrinkle products in the global landscape.

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At an estimated year on year revenue growth rate of roughly 6%, in 2019 and 2020, global landscape of anti-wrinkle products is likely to witness a prominent push from the premiumization trend that has been shaping anti-wrinkle products space in the recent past

With a current share of just-under a third of the total market valuation, Asia Pacific (excluding Japan) remains the global leader, as indicated by the report. North America, Europe, and Japan are also positioned as attractive investment territories for investors in anti-wrinkle products landscape.

The Visible Rise of Natural & Organic to Shape Market Performance

Holding more than half of the total market value, creams & moisturizers are foreseen to remain the dominant shareholder in anti-wrinkle products market on account of sustained consumer preference for cosmeceuticals based on creams and moisturizers, especially in developing regions.

  • Celebrity endorsements remains a major influencing factor here, according to the report.
  • Posing stiff competition to synthetic anti-wrinkle products, organic and naturally sourced anti-wrinkle products are gaining ground at a brisk pace, according to the report.
  • In addition, the reports points to steadily rising popularity of branded and premium quality anti-wrinkle products as an expanding consumer population is prioritizing quality over everything, before purchasing skincare products.
  • Clean-label anti-wrinkle products continues to constitute a notable trend that holds a strong impact on the purchasing decision of consumers.

Breakthrough Anti-wrinkle Treatment May Hold a Long-term Impact on Anti-wrinkle Products Sales

With an objective to overcome the complexities associated with Botox and a heap of fillers, a breakthrough treatment – Profhilo is launched recently, this year. The treatment is being claimed to rehydrate, moisturize, and retexture aging skin. Emergence of such innovations, following the already popular high-end anti-wrinkle treatments such as Botox and fillers, is likely to hold a considerable impact on the sales of anti-wrinkle products.

“While this could be the situation specifically for a premium consumer segment, it would not be an overstatement to expect its considerable influence on anti-wrinkle products market growth in the long run,” says a senior analyst at FMI.

The report covers extensive profiles of some of the prominent player’s active in global anti-wrinkle products marketplace, including Allergan PLC; Avon Products Inc., L’Oréal S.A., Unilever, Revlon, Inc., Oriflame Cosmetics AG, Lotus Herbals Limited, Procter & Gamble Co., Nature Republic, and a few others.

Some of the prominent brands leading regional markets, such as Sisley Paris, are maintaining the R&D focus on existing portfolio expansion.  Sisley’s recently launched concentrated anti-wrinkle serum adds value to the company’s previous offerings and is claimed to more efficiently address the typical aging signs that are resultant of multiple environmental, genetic, and behavioral factors. The new launch reportedly includes plant-based ingredients that help optimization of the lifecycle of human skin cells.

A large number of anti-wrinkle products manufacturers are also investing efforts in R&D of innovative, multifunctional formulations that could effectively address multiple aging signs besides wrinkles, simultaneously. Targeting untapped opportunities in retail and organized sales channels, established companies in anti-wrinkle products market are focusing on enhancing the space on retail shelves and strengthening sales network. Market participants in developing economies are more likely to implement aggressive pricing strategies to remain a step ahead of competitors.

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Anti-Wrinkle Products Market Key Segment

By On the basis of product type

  • creams & moisturisers
  • cleansers
  • other products

By On the basis of nature

  • natural/herbal
  • synthetic
  • organic

By On the basis of end-user

  • men
  • women

By On the basis of sales channel

  • pharmacies
  • specialty outlets
  • supermarkets/hypermarkets
  • convenience stores
  • beauty stores
  • e-retailers
  • others

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Table of Content

  1. Global Anti-Wrinkle Products Market – Executive Summary
  2. Global Anti-Wrinkle Products Market Overview

2.1. Introduction

2.1.1. Global Anti-Wrinkle Products Market Taxonomy

2.1.2. Global Anti-Wrinkle Products Market Definition

2.2. Global Anti-Wrinkle Products Market Size (US$ Mn & Volume) and Forecast, 2013-2027

2.2.1. Global Anti-Wrinkle Products Market Y-o-Y Growth

2.3. Global Anti-Wrinkle Products Market Dynamics

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Global Cosmetic Products Market Overview

2.8. Global Skin Care Products Market Overview

2.9. Product Evolution Analysis

2.10. Organic, Natural & Synthetic Cosmetics Market Overview

2.11. Ageing Population Analysis

2.12. Consumer Buying Behavior Analysis

2.13. Key Participants Market Presence (Intensity Map) By Region

  1. Global Anti-Wrinkle Products Market Analysis and Forecast 2013-2027 

To be Continue….

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

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Paper Packaging Market Prospects and Growth Assessment 2028

The global paper packaging market is estimated to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

Future Market Insights suggests that the growing consumption of packaged food and consumer goods will boost the demand for paper packaging in the coming years. Suitability of corrugated boxes, cartons, and paper bags to pack a large variety of products from different end-use industries such as electrical & electronics, food & beverages, healthcare, homecare, building & construction, and tobacco, will create enormous growth opportunities in the global paper packaging market.

Considering the high-growth opportunities arising from the e-commerce industry and a large number of packaging applications of paper packaging formats, most of the manufacturers of paper packaging solutions in the developed, as well as in developing economies, are planning to expand their production capacities.

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The global paper packaging market is stipulated to witness a decent CAGR of 4.1% between 2022 and 2028, reaching US$ 463.3 Bn by the year 2028.The report includes a market research study on the global paper packaging market, which includes market assessment and trend analysis of different packaging types such as corrugated boxes, cartons, wrapping paper, inserts & dividers, bottle & cup carriers, cups & trays, clamshells, display packaging, bags & sacks, and tapes & labels.

Expanding Ecommerce Sector to Further Drive Paper Packaging Market 

Manufacturers are developing paper packaging formats that are biodegradable and eco-friendly. Many paper packaging experts and consumer product companies are focusing on green packaging. Modern retail penetration is expected to boost the demand for paper bags. Due to the demand for sustainable packaging, paper packaging manufacturers are increasingly using recyclable raw materials. Sustainable packaging plays a key role in maintaining the shelf life of the product along with decreasing the negative impact of plastic and chemical packaging on the environment.

Manufacturers and consumers are constantly looking for environmentally-friendly, sustainable, and easy-to-reuse packaging products. Lightweight paper packaging is captivating the attention of various industries through its numerous benefits. Many industries are witnessing advanced benefits with the adoption of lightweight paper packaging and several paper packaging format manufacturers are embracing it, as paper packaging can reduce energy and overall costs during production, as well as transportation, apart from its primary benefits such as lightweight and recycling efficiency.

Key Segments Covered In Paper Packaging Industry Research

Paper Packaging Market by Material Type:

  • Corrugated Board
  • Specialty Paper
  • Box-board/Carton Board
  • Kraft Papers
  • Molded Pulp

Paper Packaging Market by Packaging Type:

  • Corrugated Boxes
  • Cartons
  • Wrapping Paper
  • Bags & Sacks
  • Cups & Trays
  • Tapes & Labels
  • Others

Paper Packaging Market by Level of Packaging:

  • Primary
  • Secondary
  • Tertiary

Paper Packaging Market by End-use:

  • Food & Beverages
  • Tobacco
  • Healthcare
  • Personal Care & Cosmetics
  • Homecare & Toiletries
  • Electrical & Electronics
  • E-Commerce
  • Chemicals & Fertilizers
  • Other Industrial

Paper Packaging Market by Region:

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

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The paper packaging manufacturing process involves multiple stages, which range from designing, layout, die cutting, to waste recovery. The process requires machinery and equipment for emission control, cooking, pulp storage, and other such processes. Installation costs incurred by paper packaging manufacturers are quite significant and highly expensive. Moreover, the operation costs for running such paper packaging machinery and equipment are also considerably high, which continues to hamper the market growth, particularly in countries that are facing energy shortfall, such as Russia, Poland, and other countries in Europe.

The paper packaging market in the South Asian region is fragmented in nature with the presence of medium to large number of local players in the market. India represents the highest market value share in the South Asia paper packaging market and is expected to continue its dominance throughout the forecast period.

South Asia’s paper packaging market represents the highest CAGR in terms of value. The South Asia paper packaging market is expected to expand at a CAGR of 5.9% over the forecast period. Key players operating in the global paper packaging market include Smurfit Kappa Group Plc, Napco National Paper Products Company, Billerudkorsnas, International Paper Company, WestRock Company, Georgia Pacific LLC, Pratt Industries, Inc., DS Smith Packaging Limited, Stora Enso Oyj, and Mondi Group Plc among others, which have been covered in the strategic developments section of the report.

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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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Décor Paper Market Expected to Witness High Growth by 2027

Worldwide sales of décor paper are currently valued at US$ 4.6 Bn. Rising at a CAGR of 5.5% from 2022 to 2027, the global décor paper market is expected to attain a valuation of US$ 6 Bn by the end of 2027.Demand for décor paper accounts for 9% share of the global flexible paper packaging market. Home decorating paper is anticipated to see high demand, driving the overall home décor industry, as consumer preferences change across the world.

The US$ 6 billion décor paper market is likely to witness an uptick by 5.5% in 2027, according to a recent analytical study presented by Future Market Insights (FMI).

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What Opportunities Could Décor Paper Manufacturers Cash In On?

“Rapid Urbanization & Changing Consumer Preferences to Boost Demand for Furniture Decor Paper”

Urbanization has increased substantially across the world and this factor has had a substantial effect on sales of décor paper. Increasing demand for visually appealing products has been propelled by increasing urbanization and changing lifestyle trends on a global scale. Framed paper flower wall décor and home decorating paper is expected to see high demand as the population adopts a better and more luxurious lifestyle.

Increasing opportunities in the home décor industry have led to many new players entering the market to capitalize on these opportunities. Especially, demand from emerging economies such as India is expected to be notable.

  • For instance, in November 2021, Ekta Kapoor, an Indian television producer, partnered with Roposo to launch a new home décor brand named ‘EK’. The brand is focused on bringing Indian culture to all households and giving local artisans and craftsmen a platform to promote their work.

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Which Regional Markets Should Décor Paper Manufacturers Focus On?

“Increasing Per Capita Disposable Income to Propel Demand for Furniture Décor Paper in Asian Countries”

Décor paper market metrics for regions such as North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA) have been provided in detail in this updated FMI study.

Décor paper consumption in North America is expected to have a significant contribution to global market revenue. At present, the décor paper industry in North America holds a market share of 25.1% of the global industry landscape. Increasing demand for luxury furniture is expected to majorly influence market potential in the region.

Competitive Landscape

Décor paper manufacturers are investing in manufacturing products with better aesthetic qualities and textures to meet increasing demand from the luxury furniture industry. Décor paper companies are also focusing on mergers & acquisitions to bolster their market presence across regions.

  • In November 2020, Koehler Paper Group, a leading name in the specialty paper industry based in Germany, announced the acquisition of Beaver Paper & Graphic Media Inc. The acquired company is known for its sublimation media and its business is spread across 51 countries across the world.

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Key Segments Of Décor Paper Industry Survey

Décor Paper Market by Product Type :

  • Absorbent Kraft Paper
  • Print Base Paper
  • Other Decor Paper

Décor Paper Market by End Use :

  • Décor Paper for Furniture & Cabinets
  • Décor Paper for Flooring
  • Décor Paper for Panelling
  • Décor Paper for Store Fixtures

Décor Paper Market by Application :

  • Low-Pressure Laminates
  • High-Pressure Laminates
  • Edge Banding Paper

Décor Paper Market by Weight :

  • Décor Paper Less Than 65 GSM
  • Décor Paper 65-80 GSM
  • Décor Paper 81-100 GSM
  • Décor Paper Above 100 GSM

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Flexible Plastic Packaging Market Is Set to Experience Revolutionary Growth by 2031

Driven by moving buyer inclination from customary packaging items to stand-up pockets and re-closable packaging, the flexible plastic packaging market is estimate to arrive at valuation of US$ 98 Billion toward the finish of 2021, tracks down Future Market Insights (FMI) in a review

The flexible plastic packaging market with its material portion, item fragment, and packaging section will produce deals of over 33.6 million tons in 2021, as per the yearly market examination led by Future Market Insights.

Rising urbanization and occupied way of life have energized the interest for helpful and quick food sources, consequently prompting expansion sought after for flexible packaging. These packaging arrangements are liked over hard packaging as they require less energy for creation, consume restricted assets, promptly accessible and are helpful to store and utilize.

Customers are moving towards purchasing bundled and handled food things as opposed to utilizing conventional way to deal with planning feasts in this manner helping the interest for flexible plastic packaging.

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The Natural Resources Defense Council announced that Americans squander in excess of 400 pounds of food for each individual consistently. The squandered food brings about creating contamination identical to 37 million vehicles each year.

Flexible plastic packaging is arising as a critical answer for stay away from food wastage as it further develops timeframe of realistic usability of the item as well as makes high hindrance lessening the tainting of food. This strategy decreases the putting away and transporting costs. These variables will decidedly impact the deals of flexible plastic packaging.

Expanding government financing towards creating bio-plastics and further developing the reusing framework for effective handling along developing mindfulness among shoppers in regards to the utilization of manageable packaging will help the flexible plastic packaging market development in impending years.

Flexible plastics packaging is supplanting unbending packaging attributable to its most noteworthy manageability advantages and Superior quality to give on the way security to items. Expanding center by market players around changing over old packaging into new packaging designs, or a large group of different items will set out open doors for market development over the figure period

Key Takeaways from FMI’s Flexible Plastic Packaging Market Study

  • North America flexible plastic packaging market will grow at 3.0% CAGR during the assessment period owing to thriving e-commerce industry and increasing demand for convenient packaging solutions from restaurants and food services.
  • Europe market will exhibit a growth rate of 2.6% CAGR from 2021 to 2031, driven by increasing research on developing flexible bio-plastics and elevated export and production of flexible plastic packaging in the region.
  • Japan will hold more than 14% of the East Asia market in 2021, backed by increasing development in recycling infrastructure and limited usage of non-biodegradable plastics in the country.
  • Polylactic acid (PLA) bioplastics are gaining traction owing to their superior durability, recyclability and lightweight nature. The segment is predicted to expand by 1.11x of its current valuation over the assessment period.
  • General barrier packaging will account for more than 80% of the global market share by the end of 2031. Increasing demand for safe and sterile packaging options for packing vegetables and fruits will be the key growth driver.

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“Rising usage of flexible plastic packaging in online retail and e-commerce industry and increasing consumer reliance on online delivery of essential products especially during pandemic will drive the flexible plastic packaging market growth over the forecast period,” says the FMI analyst.

Competitive Landscape

Leading market players are focusing on new product development to expand their product portfolio and penetrate new markets. They are also working towards devising new methods for sustainable packaging to gain the competitive edge in flexible plastic packaging market.

For instance, in 2021, ThyssenKrupp’s plant engineering business won another order to construct a new bioplastics plant in South China. The plant will be based on patented PLAneo technology and is predicted to produce 30,000 tons of polylactide (PLA) annually.

In January 2021, Yum China which holds mahor stakes in leading fast food joints in China launched plastic reduction and sustainable packaging initiatives and aims to 30% reduction non-degradable plastic packaging weight in next five years.

Prominent players operating in the flexible plastic packaging market are:-

  • Amcor Plc
  • Sealed Air Corporation
  • Berry Global Inc
  • Winpak Ltd.
  • Sonoco Products Company

More Insights On The Global Flexible Plastic Packaging Market

In its latest report, FMI offers an unbiased analysis of the global flexible plastic packaging market, providing historical data for the period of 2018-2028 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of material type (oil base polymers and bio-plastics), product type (pouches, bags & sacks, tubes, sleeve labels, and films & wraps), packaging type (VSP (vacuum skin packaging), MAP (modified atmospheric packaging), and general barrier), end use (food, beverages, personal care, homecare, pharmaceuticals, industrial packaging, and others), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).

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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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Intermediate Bulk Container (IBC) Market Share and Growth Factors Impact Analysis 2031

Research conducted by Future Market Insights (FMI) shows that the intermediate bulk container market is expected to register positive growth, with the overall valuation forecast to reach US$ 21 Bn in 2021. Sales registered in the market is expected to rise at 6.8% CAGR between 2021 and 2031.

FMI Research report on Intermediate Bulk Containers (IBC) Market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

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“Intermediate bulk containers have emerged as an efficient and relatively economical alternative in bulk packaging applications, over conventional drums. As the packaging industry is accelerating its shift away from plastics and plastic-based composites, the report points to spectacularly increasing demand for paper and paperboard-based intermediate bulk containers,” says the report by FMI.

Strong growth in the preference for flexible packaging solutions over rigid counterparts is driving FIBCs (flexible IBCs) to hold a larger value share over RIBCs (rigid IBCs) in intermediate bulk container market

Accounting for an approximate value share of 80%, collectively, food & beverages, industrial chemicals, and building & construction industries remain predominant consumers of intermediate bulk container market

High suitability for transportation and storage of corrosive chemicals is accounting for towering sales of HDPE-bottled RIBCs in intermediate bulk container market

Environmental stress cracking resistance is emerging a vital QA measure for manufacturers of intermediate bulk containers

Top Key Players Covered-

  • Thielmann US LLC
  • Schafer Werke Gmbh
  • Time Technoplast Ltd
  • International Paper Company
  • DS Smith Plc
  • Mondi Plc
  • SCHÜTZ GmbH & Co. KGaA
  • Mauser Packaging Solutions
  • Berry Global, Inc
  • Hoover Ferguson Group
  • Snyder Industries, Inc
  • Bulk Lift International, Inc
  • Environment Packaging Technology Inc
  • HCS Group
  • Transtainer
  • Obal Centrum s.r.o
  • Pensteel Ltd
  • SYSPAL Ltd
  • SIA Flexitanks Limited

Paper Intermediate Bulk Containers Gaining Traction in F&B Industry

A majority of intermediate bulk container demand remains concentrated in food & beverages, industrial chemicals, and building & construction industries, as indicated by the study. IBC adoption in F&B industry is however witnessing a higher annual growth rate, says the report.

Paper and paperboard intermediate bulk containers are recently gathering traction in the food and beverages vertical. In addition to economical handling costs, a significantly less filling and discharging time associated with paper intermediate bulk containers is positioning them as an ideal IBC candidate for the F&B industry.

An additional benefit in terms of transporting and warehousing space consumption is also cited as an important factor pushing adoption of paper intermediate bulk containers among food and beverages industry operators.

A variety of RIBCs remain the preferred standard choice for packaging and transportation of bulk chemicals, and paints & dyes, whereas emerging application opportunities in non-hazardous bulk fluid transportation are projected to provide a strong push to the demand for FIBCs – especially flexitanks. The report spots substantial applicability of flexitanks to be arising in segments such as juices, syrups, & other food-grade liquids, wines, and oils.

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Key Segment

By Product:

RIBC

Metal

Paperboard

Plastic

Composite

FIBC

Flexitanks

Bags

By Material:

Metal & Paperboard

Plastic

PE

PP

PVC

By Content:

Liquid

Solid & Semi-Solid

By Capacity:

RIBC

Up to 1,000 Ltr.

1,000 – 1,500 Ltr.

Above 1,500 Ltr.

FIBC

Up to 500 Kg

501 to 1,000 Kg

1,001 to 1,500 Kg

Above 1,500 Kg

By End Use:

RIBC

Chemicals

Petroleum & Lubricants

Paints, Inks & Dyes

Food & Beverage

Cosmetic & Personal

Healthcare & Pharmaceuticals

Others

FIBC

Chemicals & Fertilizers

Food & Agriculture

Building & Construction

Healthcare & Pharmaceuticals

Mining

Others

Maturity of Western European Market to Prevail

According to the study, a majority of Europe’s intermediate bulk containers demand relies on imports from South Asia. While Western Europe’s demand for intermediate bulk containers is on the brink of maturity, the impressively growing acceptance of non-plastic IBC alternatives is posing a significant impact on the growth of Eastern Europe’s intermediate bulk container market.

Holding a prominent position in the intermediate bulk containers export scene, South Asian countries – especially India, are projected for an impressive growth outlook in global landscape over the course of coming years. Expanding manufacturing industries, rampant growth of the building & construction vertical, and strong presence of major F&B industry operators are favoring the demand growth of industrial bulk containers market within the region.

India, the world’s largest flexible intermediate bulk containers exporter, is poised for over 11% yearly growth in the revenue in 2019. China’s nearly US$ 1.4 billion market for intermediate bulk container also continues to demonstrate robust expansion, pushing prospects of East Asia further.

Intermediate bulk container manufacturers are likely to collaborate with shipping companies over the development of tracking-enabled intermediate bulk containers that update precise status of packaged products directly to customers. A few prominent players currently involved in R&D of RFID enabled IBCs include Metano IBC Services, Inc., CHEP (U.S.A.) Inc., and Hoyer Group.

Driven by rapid growth of small scale manufacturing sector worldwide, economic opportunities residing in renting, reconditioning, and refurbishing of RIBCs are projected to attract leading companies as well as retailers and distributors active in intermediate bulk containers market.

Industry giants such as Mondi Group, BP Polymers, Schoeller Allibert, and others continue to augment investments in IBC material innovations and new product launches in intermediate bulk container market.

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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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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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