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The global drug delivery solutions market size was valued at US$ 94.3 Bn in 2021 and is projected to reach US$ 181.9 Bn by the end of 2031, exhibiting growth at 6.8% CAGR between 2021 and 2031.

Expansion of healthcare industry and need for solutions to control the loss in financials caused due to counterfeiting practices is propelling the demand in the Drug Delivery Solutions Market, finds Future Market Insights.

As per the study, the healthcare industry witnessed a major decline over the past few years as pharmaceutical products are recalled for various quality errors arising out of complex supply chain issues.

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Hence, pharmaceutical product manufacturers are increasingly facing the challenge of maintaining cost levels while investing in advance solutions such as anti-counterfeit and track and trace technologies.

Subsequently, key players are continuously innovating their product development activities to come up with solutions that allow pharmaceutical manufacturers to save cost while also deliver value to consumers and end-users.

Solutions such as embedding repeated watermarks in flexible composite structures or multi-layer rigid packaging formats allow manufacturers to prevent anti-counterfeiting of pharmaceutical products.

Anti-counterfeit technology embedded in packaging maintains the integrity of packaging as well as pharmaceutical products throughout complex supply chains. Hence, manufacturers in pharmaceutical industry are increasingly demanding packaging solutions that have a cost-effective anti-counterfeit solutions.

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Temperature and Moisture Control Pharmaceutical Packaging to Assert Dominance

Biopharmaceutical industry faced losses of approximately US$ 35 billion due to temperature abuse in 2019. To maintain the stability and extend shelf-life of pharmaceutical products, extremely protective and active packaging are introduced by manufacturers.

High-quality, temperature and odor controlled, stabilizers, and moisture scavenging packaging is gaining immense popularity among pharmaceutical and healthcare solution providers. Manufacturing of embedded pharmaceutical packaging formats such as vials and ampoules, prefilled syringe and cartridges among others are expected to increase the demand for drug delivery solutions.

Key Takeaways

• In terms of product, bottles segment is expected to hold over 2/5th of the global market share in 2021.
• Vials and ampoules are expected to exhibit growth at a CAGR of 9.3% during the forecast period.
• Based on material, metal drug delivery solutions are expected to increase by 2.1x during assessment period.
• Injectable application is expected to generate incremental opportunity of US$ 30.8 Bn during the projection period of 2021-2031.
• Regionally, Europe is expected to account for over 24% of the total market value in 2021.

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Plastic is a Blessing in Disguise for Drug Delivery Solutions Market

Glass has been traditionally used in the manufacture of pharmaceutical packaging solutions, including bottles, ampoules, and vials.

However, there has been a gradual adoption of plastic as an alternative material solution and introduction of blow fill seal (BFS) technology. In order to capitalize on this trend, major drug delivery solution producers are providing plastic packaging solutions.

The delicate and heavy weight characteristics of the glass makes a challenge in the transport and shipping of the products in a long and complex supply chain in the pharmaceutical industry. Therefore, glass pharmaceutical packaging products are mostly being fill-in by packaging products made of plastics, including PET, HDPE, LDPE, PVC, and PP.

Plastics are cost-effective and easy to procure, to apply across product ranges, and convenient to transport. Plastic pharmaceutical packaging offers cost savings to stakeholders across the value chain, including manufacturers, wholesalers, suppliers, and end-users.

Plastics have also allowed fast-paced advancement in technology, including injection blow-molding, extrusion blow-molding, and 3-D design software for design improvement. Hence, manufacturers are extensively using plastic for drug delivery solutions.

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Drug Delivery Solutions Market Landscape

Some of the players involved in the manufacturing of Amcor Plc, Schott AG, Gerresheimer AG, Berry Global, Inc., Klockner Pentaplast Group, Becton, Dickinson and Company, Ardagh Group S.A., West Pharmaceutical Service, Inc., Bilcare Limited, Wipak Group, Mondi Plc, Sealed Air Corporation, Constantia Flexibles, Clondalkin Group Holdings B.V., West Rock Company, UDG Healthcare plc, Catalent, Inc., Sonocco Products Company, Reike Corporation, Adelphi Healthcare Packaging, Nipro Corporation, Uflex Ltd., ACG Pharmapack Pvt. Ltd., Piramal Glass Limited, Parekhplast India Ltd., Shandong Pharmaceutical Glass Co., Ltd., Avesta Continental Pack, Shanghai Tongpeng Electric Material Co., Ltd., Khemka Glass, and TPAC Packaging India Private Limited (Sunpet).Tier one players are expected to hold 15% to 20% of the global drug delivery 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:

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Suite 401, Newark, Delaware – 19713, USA

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The packaging testing equipment market will increase at a CAGR of 6.4 percent between 2021 and 2031, according to Future Market Insights (FMI). The consumer electronics industry’s application scope is predicted to expand as demand for complementary and technologically advanced packaging solutions develops. Packaging testing equipment is used in the electronics sector for a variety of purposes, including backing proofing for operating status, certification of electronics, and determining whether or not they are safe to use.

Packaging testing equipment’s uses in the electronics industry are continually expanding. A prominent factor that is expected to boost the growth of the packaging testing equipment market is the fast expanding demand for consumer electronics.

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Packaging Testing Equipment Market Landscape

Krones AG, Coesia Group and AMETEK Inc. are the top players operating in the packaging testing equipment market. Furthermore, Marchesini Group, Presto Testing Equipment, Labthink Instruments Co. Ltd., AZO Holding GmbH, Machine Solutions Inc., Qualitest, and Rycobel Group are also the noticeable players in the packaging testing equipment market. The 3-tier players of the market hold 80-90% in the global packaging testing equipment market. Summarizing everything key players will contribute almost 10-20% of the global market.

FMI forecasts that the sales of packaging testing equipment will increase in food and beverages, healthcare, and other sectors. Factors such as demand for sustainability and client specific customization will aid application across diverse industries.

Key Takeaways from Packaging Testing Equipment Market

• By testing type, material/ sample testing segment is ahead and leading the global packaging testing equipment market. The segment is anticipated to account for 44% of the market by the end of forecast period.
• By material, the plastic segment is mostly preferred in the market due to its low cost feature. Demand in the segment is anticipated to increase 1.8 times during next 10 years.
• Among end users, the food and beverages segment will exhibit high demand. Furthermore, healthcare & pharmaceuticals will be the second largest segment, accounting for 22% of the market.
• Asia-Pacific is anticipated to offer impressive opportunities for packaging testing equipment market due to lower tax slabs and ease of doing business opportunities in the region.
• North America and Europe will hold share of almost 44% in the global market by the year 2031.

 “The demand for packaging testing equipment is rising globally.  Increasing focus on testing services and verification & certification for ensuring the quality of packaging material has created growth opportunities for packaging testing equipment manufacturers ,” says FMI analyst.

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Introduction of New Standards & Regulations to Bolster Packaging Testing Equipment Market

Introduction of new standards for packaging authentication is creating growth opportunities in the packaging testing industry. Standardized regulations are implemented around the world to ensure ever-expanding cargo and product reach the destination safely, and different packaging test methods are done in this process.

There is a long list of packaging testing standards established by various organization such as International Safe Transit Association (ISTA), American Society for Testing and Materials (ASTM), International Organization for Standardization (ISO) which includes, Consumer, Pharmaceutical, Chemical/Safety Properties, and Child Resistant Packaging, Interior Packaging, Sustainability & Recycling, Package Design and Development, , Shipping Containers, Paper and Paperboard Products Crates, Pallets, and Related Structures, Tape and Labels, And others.

Implementation of stringent packaging guidelines will therefore help in the growth of the market.

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Impact of COVID-19 on Packaging Testing Equipment Market

Global crisis of COVID-19 had negative impact on the sales of packaging testing equipment. Lack in availability of raw materials suspended manufacturing process. Imposition of lockdown in major regions such as North America, Latin America, Europe, Asia-Pacific and Rest of World also hampered manufacturing of packaging testing equipment.

Disruption in supply chain activities and stringent rules and regulations lead to a complete closure of manufacturing plants for months. Consequently, sales of packaging testing equipment were pretty disturbed during the lockdown dampening sales of target market.

About Us:

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

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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A detailed survey conducted by Future Market Insights (FMI) offers compelling insights into key drivers and opportunities facilitating growth expansion of the global foamer pump market. It studies the market across various segment in terms of pump type, material, and applications. The report also uncovers the hidden growth prospects in the foamer pump market for the coming decade.

As per a recent report published by FMI, the global foamer pump market is poised to total US$ 216.4 Mn by 2031. Growing adoption of advanced and contamination-free packaging solutions to enhance the utility of cosmetics and personal care products is fueling the demand for foamer pumps.

Foamer pumps are increasingly finding application in the cosmetic & personal care industry for packaging products such as shaving cream, liquid hand wash, facial cleanser, sun protection foam, and others, owing to their excellent dispensing ability. Driven by this, the market is expected to surge at a CAGR of 4.2% over the forecast period from 2021 to 2031.

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Increasing sales of cosmetic & personal care products due to the growing emphasis on personal hygiene and rising expenditure on skincare are expected to create lucrative opportunities for the market.

FMI also forecasts that the market will gain from the rising adoption of environment-friendly packaging solutions across the skincare sector. This has encouraged several leading foamer pumps manufacturers to focus on developing sustainable packaging using post-consumer recycled (PCR) plastic.
For instance, Richmond Containers CTP Ltd. announced launching a novel PCR foam pump made using 57% of recycled materials. A multiplicity of such product launches is projected to total the sales at 360 Mn units by 2021-end.

On the basis of pump type, the handheld foamer pump segment is anticipated to account for the largest revenue share, registering sales at a CAGR of 4% through 2031. These pumps offer efficient and convenient small-size packaging solutions to users, making them highly sought-after for dispensing products.

“Global cosmetics and personal care giants such as L’Oréal, Procter & Gamble and Unilever are focusing on making deeper inroads into China, South Korea, and India. As leading cosmetic brands aim for capitalizing on untapped potential of emerging markets, sales prospects for foamer pump producers will grow,” says a FMI analyst.

Key Takeaways from Foamer Pump Market Study

• The U.S. is anticipated to dominate the market in North America, accounting for nearly 86% of share in the region through 2031.

• Germany is forecast spearhead growth in the Europe market, accounting for more than 18% of sales between 2021 and 2031.

• Demand for foamer pumps in South Korea is expected to rise by 2x by 2031, owing to the increasing sales of skincare and cosmetic products in the country.

• China is expected to register the fastest growth in East Asia, expanding at a 5% CAGR over the assessment period.

• In terms of application, the hand sanitizer segment is estimated to emerge as the most remunerative segment in the market, accounting for nearly 28% of sales in 2021.

Key Drivers

• Increasing sales of cosmetics and personal care products owing to the growing penetration of e-commerce platforms across the U.S., South Korea, and China are propelling the demand for foamer pumps.

• Rising demand for hand sanitizer with sustainable and easy-to-use packaging due to increasing personal hygiene concerns amidst COVID-19 is spurring the sales across the hand sanitizer application segment.

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Key Restraints

• Implementation of stringent government regulations regarding the use of plastics such as polyethylene terephthalate (PET), polyethylene (PE), and polypropylene (PP) are hampering the sales across the plastic material segment.

• High cost of foamer pumps compared to traditional caps and closures is hindering the sales in the market.

Competitive Landscape

As per FMI, the top five foamer pump market players are Silgan Dispensing Systems Corporation, Albéa S.A., Rieke Corporation, AptarGroup, Inc. and Frapak Packaging B.V. These companies are expected to account for nearly 25% to 35% revenue share in 2021.

Foamer pump manufacturers are focusing on adopting strategies such as new product launches, acquisition, and partnerships with other player to gain competitive edge. The key players also are aiming for expanding their product manufacturing capabilities to increase their market share. For instance,

• In December 2020, Silgan Dispensing Systems, a leading manufacturer of plastic dispensing and spraying systems, announced launching Mini NEA line in 5ml, 7.5ml and 10ml sizes. These of sample-size foam solutions are designed for lotions and cleansers, and other personal care products.

• In April 2020, Albéa S.A, a leading cosmetic packaging manufacturer and supplier, announced expanding it production line and started manufacturing of foam, tubes, and lotion pumps for hand sanitizers. These strategies will assist the company in enhancing its product portfolio.

Some of the key players operating in the market profiled by FMI are:

• Silgan Holdings Inc.
• Aptar Group, Inc.
• APackaging Group
• Albea S.A.
• Rieke Corporation
• Raepak Ltd.
• Richmond Containers CTP Ltd.
• Silgan Dispensing Systems Corporation
• Sun-Rain Sprayer Co., Ltd.

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More Valuable Insights on Foamer Pump Market
FMI, in its new report, offers an unbiased analysis of the global foamer pump market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in foamer pump market with detailed segmentation:

By Pump Type:
• Squeeze Foamer Pumps
• Dual Chamber Foamer Pumps
• Table Top Foamer Pumps
• Handheld Foamer Pumps

By Material:
• Plastic
o Polyethylene (PE)
o Polyethylene Terephthalate (PET)
o Polyvinyl Chloride (PVC)
o Polypropylene (PP)
o Others
• Metal

By Application:
• Hand Sanitizer
• Face and Body Wash
• Sunscreen
• Shampoos and Conditioners
• Other Applications

By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Australasia
• Middle East and Africa

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Key Questions Covered in the Report

• The report offers insight into foamer pump market demand outlook for the forecast period 2021-2031

• The market study also highlights projected sales growth for foamer pump market between 2021 and 2031

• Foamer pump market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

• Foamer pump market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

About Us:

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

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Future Market Insights (FMI), Dubai: As per FMI, the global intelligent packaging market is estimated to top US$ 19.7 Bn in 2021. Suring applications of intelligent packaging solutions across cosmetics, personal care, healthcare, and consumer goods industries is augmenting the demand in the market. On account of this, the market is anticipated to exceed US$ 46.7 Bn by 2031, expanding at a 9% CAGR over the forecast period from 2021 to 2031.

Intelligent packaging is gaining traction, especially following the rapid expansion of the e-commerce sector as these solutions facilitate tracking, tracing, and ensure safety of products while transit, subsequently improving their shelf-life. These factors are expected to drive the sales of intelligent packaging by 2.4X through 2031.

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Several brands are shifting towards intelligent packaging solutions to meet the demand for interactive, smart, user-friendly, connected, and eco-friendly packaging from customers. For instance, Cadbury, a British multinational confectionery company, started adopting smart packaging to help its customers make connections. It also uses a MAXQ QR code on its milk tray packaging. Driven by such developments, the demand for intelligent packaging is expected to grow at 10.5% in 2021.

On the basis of the level of packaging, primary packaging is anticipated to continue dominating the market, growing at a robust CAGR of 9.6% through 2031. Increasing emphasis on adopting interactive and attractive packing solutions to improve the first impression of the product is a key factor driving sales in the segment.

“Greater inclination for contactless purchase and contactless delivery among present-day consumers will tip scales in favor of intelligent packaging. Introduction of innovative packaging technologies such as anti-microbial and nanotechnology also will accelerate the growth in the market,” says a FMI analyst.

Key Takeaways from Intelligent Packaging Market Study

• The U.S. is expected to hold the largest share in the North America market, accounting for nearly 85% of regional sales through 2031.
• Germany is projected to emerge as one of the most remunerative markets in Europe, contributing around 1/5th of the overall revenue share in the region by 2031.
• India is estimated to dominate the South Asia intelligent packaging market, accounting for more than 45% of the regional demand through 2031.
• The market in Japan is forecast to witness swift growth, expanding at an impressive CAGR of 11.2% CAGR from 2021 to 2031.
• In terms of technology, interactive/data carriers packaging is anticipated to hold the dominant share, accounting for 44% of the sales by 2031.

Key Drivers

• Increasing demand for smart packaging with advanced features such as easy tracking and detecting using quick response (QR) codes from the e-commerce industry is spurring the sales of intelligent packaging.
• Implementation of stringent regulations regarding storing and transporting various food & beverages and healthcare products to ensure product safety is propelling the demand for active packaging such as oxygen scavengers and ethylene absorbers.

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Key Restraints

• High cost of intelligent packaging compared to traditional packaging is a primary factor hampering the growth in the market.
• Rising concerns regarding the environment and implementation of several regulations about the use of plastics for packaging are restraining the growth in the market.

Competitive Landscape

Leading manufacturers are emphasizing on launching next-generation packaging solutions, integrated adopting advanced technologies to expand their product portfolio. Also, some of the players are aiming at expanding their production capacity to cater to the increasing demand from various industries.

• In 2021, JRI Company, an American company, announced expanding its production capacity by integration of the Labguard 3D equipment into its JRI-MySirius solutions.
• In December 2020, DeltaTrak Inc., a leading innovator of cold chain management and temperature monitoring solutions, announced launching customized vaccine temperature monitoring solutions, which are compatible with the three temperature profiles required for the handling, transport, and storage of COVID-19 vaccines.

Some of the key players operating in the market profiled by FMI are:

Material Providers

• Dow Chemical Company
• LyondellBasell Industries N.V.
• BASF SE
• Exxon Mobil Corporation
• Saudi Basic Industries Corporation

Packaging Manufacturers

• Amcor plc.
• Crown Holding Inc.
• 3M Company
• CCL Industries Inc.
• Huhtamaki Global

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Key Questions Covered in the Report

• The report offers insight into intelligent packaging market demand outlook for the forecast period 2021-2031
• The market study also highlights projected sales growth for intelligent packaging market between 2021 and 2031
• Intelligent packaging market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
• Intelligent packaging market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

About Us:

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

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Drink Cans Market to reach US$ 50 Bn in 2021, with sales predicted to grow by 8.5% CAGR between 2021 and 2031. After bucking initial impact of the COVID-19 outbreak, demand for drink cans are expected to surge 2021 onwards. Total volume is forecast to reach 524 Bn Units by the end of 2021. In terms of volume, sales of drink cans are projected to increase at 8% CAGR over the forecast period.

Drink can demand is likely to rise as the food and beverage industry ramps up production. Over the previous few decades, the worldwide beverage industry has grown at an exponential rate, and this trend is likely to continue over the projection period.

Markets in Asia-Pacific, Latin America, the Middle East, and Africa are quickly developing in terms of market volume and quality, in addition to the mature markets of North America and Europe. Furthermore, sales of drink cans are likely to increase in the coming years as demand for non-alcoholic and alcoholic beverages grows. Food and beverage industry growth is expected to be boosted by rising food consumption costs in emerging nations. This will almost certainly boost demand for drink cans all around the world.

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Further, shifting consumer preference towards sustainable and eco-friendly packaging has led to a spike in demand for packaging solutions that can be recycled. One of the most recycled packaging format is drink cans. Recycling doesn’t degrade the quality of metal as drink cans made from aluminum/ steel are completely recyclable, which makes this process profitable to manufacturers.

Moreover, in comparison to other conventional packaging formats, drink cans do not pose threat to the environment, as most of it gets recycled. During the process of recycling drink cans produce negligent amount of carbon footprint, adhering to the environment policies.

Factors such as recyclability, client specific customization, and increasing demand for small quantity beverage containers is anticipated to continue fueling sales of drink cans through 2031.

“Increasing emphasis on light weight and environment-friendly packaging solutions, along with the introduction of 3D printing technology for can manufacturing is expected to augment growth of the global drink cans market over the forecast period,” says an FMI analyst.

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Key Takeaways:

• By capacity type, the 201 – 450 ml segment is anticipated to account almost 30% market share by the end of forecast period.
• In terms of product type, the 2 – piece cans segment is anticipated to expand by 2.3x over the forecast period.
• In the end-use industry segment, the non-alcoholic beverages segment is expected to account for 61% of the total market share by 2031.
• The U.S. is projected to account for 72.5% of the North America drink cans market in 2031.
• China will emerge as a lucrative market, holding 42% of the drink cans market in East Asia region.
• India is forecast to account for nearly 31% of the South Asia drink cans market by 2031.
• Sales of drink cans in Japan are anticipated to grow at a 9.6% CAGR through 2031.

Competitive Landscape

Novelis Inc., Ball Corp., Crown Holdings Inc., Silgan Holdings Inc. are top players operating in the drink cans market. Furthermore, SHOWA DENKO K.K., Toyo Seikan Group Holdings Ltd., CPMC Holdings Inc., and CAN Pack S.A. are also noticeable players in the drink cans market. The 3-tier players in the market hold 50-60% of the global drink cans market. Key players are expected to account for almost 30-40% of the global drink cans market share over the forecast period.

Leading players operating in the global drink cans market are investing in strategic collaborations and acquisitions to expand their product portfolios and global footprint. For instance:

• In 2021, Novelis Inc. completed the construction of US$ 150 Mn aluminum rolling and recycling operation in Brazil. Moreover, the company acquired Aleris in 2020 to enhance the strategic position in Asia.
• In 2020, Crown Holdings Inc. has been recognized by Berlin Packaging as “Supplier of the Year 2019”. Crown Inc. also established manufacturing plant in Nicholas, New York to support demand for specialty cans.

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Drink Cans Market by Category

By Capacity:

• Up to 200 ml
• 201 – 450 ml
• 451 – 700 ml
• 701 – 1000 ml
• More than 1000 ml

By Product Type:

• 1 – Piece Cans
• 2 – Piece Cans
• 3 – Piece Cans

By Content:

• Alcoholic Beverages
  • Beer
  • Wine
  • Spirits
  • Others Alcoholic Beverages (Cider, etc.)
• Non-Alcoholic Beverages
  • Carbonated Drinks
  • Tea & Coffee
  • Juices
  • Soft drinks
  • Dairy Drinks
  • Soda
  • Other Beverages (Energy & Sports drinks, Electrolytes, etc.)

About Us:

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

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Future Market Insights (FMI), in its newly released report projects the biodegradable baby diapers market to register a year-on-year growth of 6.4% in 2021. With consumers increasingly focusing on eco-friendly buys, sales of biodegradable baby diapers are expected to reach shipment of 9.9 Mn units by the end of 2031.

As per FMI’s analysis, the biodegradable baby diaper market size will surpass US$ 2.6 Bn in 2021. Between 2021 and 2031, the market is expected to exhibit a compound annual growth rate (CAGR) of 7.5%.

2021-2031 Biodegradable Baby Diapers Market Outlook in Comparison to Sales Registered in 2016-2020

Demand for biodegradable baby diapers is increasing owing to the growing concerns among parents regarding the side effects of conventional diapers made from petrochemical-based polymer materials.

According to FMI, the global biodegradable baby diaper market is projected to rise at 7.5% CAGR between 2021 and 2031. As parents are seeking eco-friendly biodegradable diaper for their children, demand in the market is surging.

Biodegradable baby diapers are free from toxic chemicals and are devoid of harmful polymers. Such innovation reduces the environmental impact, thus creating sales prospects for the market players. Steered by increasing focus on sustainability, some of the key players are adding biodegradable diapers to their portfolio.

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Biodegradable Baby Diapers Market

For instance, HANSEN KIDS, LLC provides highly absorbent Andy Pandy Bamboo Diapers. This bamboo diaper helps to prevent nasty blowouts and painful diaper rash.

The company claims that its diapers are 87% biodegradable which contributes to the earth. Also, these bamboo biodegradable diapers are antibacterial & naturally hypoallergenic and are free of toxic chemicals like chlorine, alcohol, latex, PVC, preservatives, phthalates, TBT, and PFAS.

On the back of these factors, pediatricians are encouraging the adoption of biodegradable baby diapers for infant’s health. Driven by these factors, the global market is expected to exceed the valuation of US$ 5.3 Bn through 2031.

Rising Prevalence of Skin Allergies in Infants to Push the Sales of Biodegradable Baby Diapers

Rising cases of skin allergies and rashes among babies are encouraging parents to switch to biodegradable and chemical-free baby products. Diaper rashes are a common problem that most kids suffer from and are caused by contact dermatitis, yeast infection, seborrhea and bacteria.

Also, babies suffer from an allergic reaction due to synthetic dyes used in diapers. Increasing awareness on these issues and baby hygiene has compelled the parents to switch form regular diapers to biodegradable baby diapers.

Surging demand from parents is encouraging players to invest in research and development activities to introduce some skin-friendly diapers. For instance, in 2018, Procter & Gamble. expanded its portfolio of the baby care sector and launched Pampers Pure Protection the best biodegradable diaper for diaper rash.

These diapers are bleach-free, chlorine-free, and fragrance-free and are made with plant-based fibers and premium cotton so that they are gentle on the baby’s skin.

Furthermore, majority of pediatric experts also suggests for the adoption of biodegradable diapers, aiding the growth of biodegradable diapers in the market. To reduce the skin problems and improve good hygiene among babies, dermatologists, pediatricians, and experts are recommending biodegradable diapers.

As a result, the biodegradable baby diapers are gaining popularity across the globe, generating greater demand for biodegradable baby diapers.

What is the Impact of the COVID-19 on the Biodegradable Baby Diapers Market?

Unprecedented outbreak of the novel COID-19 escalated the sales of biodegradable baby diapers through e-commerce platforms. Rapid growth of online platforms due to social distancing and lockdown has pushed the consumers as well as vendors to rely on e-commerce platforms to manage proper supply-demand.

Consequently, market players are focusing on their marketing strategies and turning to digital platforms. Due to the surge in online sales, key players are capitalizing on this opportunity to generate remunerative revenues.

Also, during the FQ-20, hysteria and panic created due to the onset of COVID-19, burgeoned the sales of biodegradable baby diapers as consumers resorted to hoarding of necessary supplies. Sales of biodegradable baby diapers increased as key players relied on online platforms amidst the COVID-19 virus.

The COVID-19 outbreak has encouraged ethical buying among consumers where the consumers are more inclined towards supporting local and regional brands in the economic crisis. Ethical buying helps the local players to get back their business on track because customers have the power to change the world with their wallets.

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Country-wise Insights

How is the Biodegradable Baby Diaper Market Faring in China?

East Asia is predicted to be one of the most attractive markets of biodegradable baby diapers during the forecast period, according to Future Market Insights. China is expected to account for over 43.2% of the market share in East Asia through 2021.

According to Economics, Politics and Public Policy in East Asia and the Pacific twelve million kids were born in the country in 2020.  Increasing birth rate in China will be a key growth factor for biodegradable bay diapers market during the forecast period.

Along with growing population, China is the most polluted country in the world. As per New Security Beat, in 2017, 90% of oceans are polluted by the single-use of plastic comes from 10 rivers and in these 10 rivers, 6 rivers comes from China.

Apart from this, rising environmental problems in the country is encouraging people to switch towards natural and eco-friendlier products including biodegradable baby diapers. Many players are taking this as an opportunity to renew their product portfolio and add biodegradable baby diapers to their offering.

For instance, Weifang KeepBetter Healthcare Co., Ltd, a Chinese company manufacturer of disposable incontinence and personal healthcare products launched bamboo compostable disposable baby nappies with premium performance in 2019.

These diapers are not only eco-friendly but are also comfortable for the kids. This will help the company to strengthen its presence in the market.

How will Extensive Adoption of Biodegradable Diapers Aid the U.K. Market?

In 2020, the U.K. accounted for 30.2% of total market share in the Europe’s biodegradable baby diapers market. According to an EU statistics report around 7 million babies’ uses up to 36 million diapers in a single day in Europe.

Increasing use of single-use diapers is negatively affecting the environment as most of the conventional diapers are made up of petrochemical polymers and toxic substances. To curb the pollution, scientists and researchers are introducing new solutions to minimize the pollution due to traditional diapers.

Key players in the market are also investing in the research and development activities to make back sheets and the top layer with the synthetic plastic comes from sugar cane, cornstarch and sugar beet.

Furthermore, in many European countries like France, Germany, Spain, and Italy parents can add their expense on baby care services to get the benefit of tax concessions.

Such favorable policies encouraging parents to invest more in baby care products. This trend is also expected to boost the sales of biodegradable baby diapers in the regional market.

How will Increasing Pre-Mature Birth Rate in the U.S. Aid the Market Growth?

As per Future Market Insights, the U.S. biodegradable diapers market is projected to rise over 2.8% CAGR during the forecast year. According to March of Dimes, in the U.S. around 0.38 million babies are born prematurely every year.

The rate of premature babies in the region is 9.8%, which means one in ten babies is born before 37 weeks. Subsequently, key players are extending their portfolio to include special biodegradable diapers especially for premature babies.

For instance, in 2020, Procter & Gamble introduced Pampers Preemie protection diapers designed under the guidance of NICU nurses especially for the development of preemie infants weighing less than 4 pounds. These diapers protecting the sleep of babies and helps natural positioning to keep and support preemies.

While the U.S. has ample of growth opportunities over the coming years, Canada is expected to project steady growth, registering a CAGR of 5.3% during the forecast period, opines FMI.

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Category-wise Insights

Why are Pant Diapers Acquiring Immense Popularity?

In terms of product type, pant diapers are expected to lead the market growth, rising at an impressive rate of over 8.3% CAGR through 2031. As these diapers are suitable for babies weighing more than 6 kilograms, parents prefer show higher inclination for the variety.

Pants type diaper have sturdy waistbands and elastic that does not cause uneasiness or tightness around the child’s waist. Due to this, pant style baby diapers are gaining popularity among consumers.

Which Biodegradable Baby Diaper Price Range Dominates the Market?

As per FMI, mass (below US$ 25) held largest share of 71.5% in 2020.  Biodegradable baby diapers cost more than traditional diapers. The biodegradable baby diaper price varies on the basis of size. However, with rising expenditure on baby care products premium biodegradable baby diapers are expected to reflect a positive growth outlook.

Why are Large Sized Biodegradable Diapers Most Preferred?

In terms of size, large size (9-14Kgs) diapers segment will witness high growth during the forecast period, registering a CAGR of 9.8%.  The category also dominates the market with a significant share of 25.2% in the year 2020.

How will Online Retailers Reshape the Market Growth?

As per the analysis, online retailers are expected to register highest growth, exhibiting a CAGR of 11.4% during the forecast period. Increasing preference of e-commerce distribution among consumers is likely to facilitate market growth during the forecast period.

As key players and manufacturers extensively rely on online supply channels, sales are expected to spur. People are opting to buy hygiene products online following the outbreak of COVID-19, since it is more convenient, less time consuming, safer, and offers doorstep delivery. Also, a wide range of availability of products online is anticipated to contribute to the segment growth.

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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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As per Future Market Insights (FMI), sales of foam cooler boxes are set to expand by 1.9X between 2021 and 2031. Burgeoning demand for temperature-controlled packaging products is resulting in increased sales of foam cooler boxes. Following the outbreak of COVID-19, pharmaceutical supplies and food & beverages products witnessed skyrocketing demand. In response to this, the consumption of temperature controlled packaging products escalated during the FQ-20.

Increasing development of vaccines, lifesaving drugs, and other essential pharmaceutical ingredients improved the demand for temperature-controlled products for safe transportation. Hence, the outbreak of COVID-19 and need for safe packaging solutions have stimulated the demand for foam cooler boxes.

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Rising awareness regarding preservation of food items to increase their shelf lives and decrease the overall wastage is encouraging manufacturers to opt for foam cooler boxes. Improper storage and transportation facilities might results in damaged food products, causing losses in the food industry.

As consumers are demanding fresh food to be delivered to their doorsteps, leading food brands and suppliers are increasing the adoption of foam cooler boxes to offer a longer shelf life.

Foam cooler boxes will therefore remain highly sought-after for packaging in dairy products, frozen meat, seafood and other such items including fruits & vegetables.

Key Takeaways from Foam Cooler Box Market

• The foam cooler boxes having a capacity of above 150 Quart are anticipated to register growth at 8.1% CAGR between 2021 and 2031.
• Large-sized foam cooler boxes are gaining traction among exporters and supply chain partners, due to a decrease in overall transportation and packaging costs incurred by key end-users.
• Presence of leading pharmaceutical companies along with increasing production of COVID-19 vaccines in the U.S. are accelerating demand for foam cooler boxes. The U.S. is projected to offer a total incremental opportunity of US$ 211 Mn over the upcoming decade.
• Sales of foam cooler boxes made up of polyurethane are estimated to grow by 1.9X compared to 2020 market value over the forecast period.
• Germany will account for 15.3% of total sales of foam cooler boxes across the Europe foam cooler box market.
• In terms of end-use, pharmaceutical industry offers incremental opportunity of US$ 704 Mn between 2021 and 2031.

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“Surging adoption of frozen food items and focus on development of pharmaceutical drugs are stimulating the demand for foam cooler boxes across the globe. Manufacturers are offering disposable and re-usable product options for foam cooler boxes, creating billion dollar sales opportunities in the market,” says FMI analyst.

Foam Cooler Box Market Landscape

Some of the key players operating in the global industrial packaging market are Yeti Coolers, LLC, Igloo Products Corporation, The Coleman Company, Inc, Sonoco ThermoSafe, Cool Ice Box Co Ltd, Coldchain Technologies, Inc, Plastilite Corporation, Pelican Products, Inc., MacNeill Pride Group (ORCA), Bison Coolers, RTIC Outdoors LLC, Koolatron US, Aohong Industry Co., Ltd., Rodman Plastics Company Ltd., and Carris Pipes & Tubes Pvt. Ltd.

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Foam Cooler Box Market by Category

By Capacity:

• Up to 25 Quart
• 26-75 Quart
• 76-150 Quart
• Above 150 Quart

By Carrying Method:

• Side Handles
• Lid Handles
• Shoulder Strap
• Wheel

By Material type:

• Expanded Polystyrene
• Expanded Polypropylene
• Polyurethane
• Closed-cell Polyethylene

By End Use Industry:

• Food & Beverages
• Pharmaceutical
• Cosmetics & Personal Care
• Chemical
• Others

By Region: 

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

About Us:

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

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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