Market Research Blog

Increasing focus on food safety and consumer preference for pre-packaged convenience foods is fuelling the demand for dual ovenable lidding films. According to a recent report by Future Market Insights (FMI), the market will rise at a 5.6% CAGR surpassing a US$ 134.8 Mn valuation in 2031.

Dual ovenable lidding films are an essential packaging solution that is predominantly used in the food & beverage industry to package foods that need to be heated in a microwave or oven. The rising emphasis by manufacturers to provide a longer shelf life to their products creates better prospects for sales.

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The demand for dual ovenable lidding films is consistently rising as they offer strong sealability and a printable texture which makes them suitable for food packaging applications.

FMI predicts two-fold growth opportunities for leading players. The usage and adoption of dual ovenable lidding films is estimated to increase on the back of rising consumption of ready meals, frozen foods, meat products, dairy products, and more.

Key benefits offered by dual ovenable lidding films include high safety, convenience and a longer shelf life. Biodegradable dual ovenable lidding films are becoming increasingly popular among major participants in the film packaging market.

End users in the frozen food and meat products packaging industry are focusing on lowering their carbon footprint. Consequently, some of the leading manufacturers are also using biodegradable goods as a result of government action that provides tax exemptions on revenue. Client preference for clean materials and an increase in health awareness, drives the demand for biodegradable dual ovenable lidding films.

Consumers are inclined towards processed food products. Many of the complexities of packaging processed food have been greatly minimized by the adoption of dual ovenable lidding films. Dual ovenable lidding films made of PET material are expected to see a surge in demand. Increasing concerns pertaining to safety of food and a developing packaged food culture globally, are contributing towards overall growth of the market.

Key Takeaways from Dual Ovenable Lidding Films Market

• Polyethylene terephthalate (PET) dual ovenable lidding films are expected to account for nearly 3/4^th of the global market, aided by cost and durability benefits.
• Peelable seals ensure the quality of product while improving user convenience, and are estimated to increase by nearly 2 times of the current value, at US$ 130 Mn by 2031.
• Meat products packaging applications are expected to create an incremental opportunity of US$ 28.5 Mn in the next ten years.
• The U.S. will account for over 90% of the North America value share through the assessment period, owing to a large and matured packaged food sector.
• Germany is the largest and fastest growing market in Western Europe, accounting for over 30% value share by 2031, driven by the presence of major manufacturing facilities.

 “Improved safety and convenience offered by dual overable lidding films to packaged food have been improving their scope for applications. The market also will gain as the packaging industry slowly transitions towards biodegradable ovenable lidding films,” says an FMI analyst.

Dual Ovenable Lidding Films Market by Category

By Material Type:

• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
  • Crystallizable PET (CPET)
  • Amorphous PET (APET)
  • Recycled PET (RPET)
• Polypropylene (PP)
• Others

By Seal Type:

• Pealable Seal
  • Easy Peal
  • Medium Peal
  • Hard Peal
  • Very Hard Peal
• Permanent Seal

By Application:

• Prepared Meals
• Frozen Foods
• Meat Products
• Dairy Products
• Others

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Impact of COVID-19

The COVID-19 pandemic and its global effects have had a notable impact on the global dual ovenable lidding films market. Stringent and complete lockdown in American, European, and Asian countries resulted in a declining supply and sales.

Food chains such as quick-service restaurants, and cafes were entirely shut down in almost every region, whereas, online food delivery were open and the deliveries were available which has lowered losses during the crisis. Nevertheless, demand for dual ovenable lidding films will gain traction in the later part of 2021 as industries recover rapidly with precautionary measures.

Competitive Landscape

Key manufacturers contribute 30-35% of the global market. Strategic expansions and acquisitions are expected to gain traction throughout the forecast period in the moderately fragmented landscape.

Amcor PLC., Berry Global, Inc., Sealed Air Corporation, and Sonoco Products Company, Schur Flexibles Holding GMBH, Sirane Ltd. are the top players operating in the dual ovenable lidding films market. Furthermore, Coveris, Inc., Toray Plastics (America), Inc, DuPont Teijin Films and many others in the market hold 65-70% in the global dual ovenable lidding films market.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Demand for industrial packaging in the Middle East and Africa is likely to remain robust owing to the improving situation of international trade. In addition, global trade of industrial products has grown three-fold over the past decade. Bio-chemical products and food-grade ingredients are amongst few of the most traded items around the world. In the MENA region, the focus has recently shifted towards non-oil based industrial activities as the long-term dependency on crude oil business is gradually abating. Moreover, it is important to develop new business verticals in order to stay unaffected from the ongoing dwindles in the region’s oil and gas industry.

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As compared to other regions, non-oil goods and services have a significantly low contribution to the economy of the MENA region. Yet exports, especially non-oil exports are expected to be crucial in the further development of the robust and all-inclusive growth model to secure the future of the region.  End-use industry such as electronics, automotive, plastics & rubber, and agriculture in MENA are expected to witness a healthy growth over the medium term. This, in turn, is expected to support the growth of industrial packaging market in the region.

Future Market Insights (FMI) in its latest report reveals that the industrial packaging market in the MENA region stood at US$ 3,372.5 Mn in 2016 and is estimated to reach a valuation of US$ 5,053.0 Mn by 2024-end. Revenue from the sale of industrial packaging products in the region is expected to increase at a CAGR of 5.2% during the forecast period (2016–2024).

GCC and North Africa are identified as the key markets that account for more than 60% of MENA’s industrial packaging market. Further, the market in GCC is projected to expand at a relatively higher CAGR over the forecast period and present lucrative opportunities for industrial packaging product manufacturers in the region.

Plastic Remains the Top Material for Manufacturing Industrial Packaging Products

In 2016, plastic based industrial packaging products accounted for more than 50% of the revenue share of the market in the region. Plastic packaging is used across several industrial verticals owing to its durability and cost efficiency. However, demand for paper & paperboard-based packaging material is expected to gain a healthy traction over the forecast period.

Based on product type, intermediate bulk containers (IBCs) packaging accounted for more than 30% revenue share of the market in 2016. IBCs are reusable industrial containers classified in 2 types: Flexible IBCs & Rigid IBCs. IBCs are commonly used for the transportation and storage of liquid and granulated substances such as food ingredients, chemicals, solvents, and pharmaceuticals.

By end-use, nearly US$ 1104.9 Mn worth of industrial packaging is expected to be consumed by the chemicals & pharmaceuticals sector over the forecast period. In addition, chemicals and pharmaceuticals sector is the most significant end-user for industrial packaging in the MENA region.

MENA Industrial Packaging Market By Category

By Product:

• Plastic Pallets
• Drums
• IBCs (Totes)
• Sacks
• Pails
• Crates
• Tubes
• Bulk Boxes
• Other

By Material:

• Metal Industrial Packaging
• Plastic Industrial Packaging
• Paper & Paperboard Industrial Packaging
• Fiber & Wood Industrial Packaging

By Packaging:

• Rigid Industrial Packaging
• Flexible Industrial Packaging

By End-Use Industry:

• Agriculture
• Automotive
• Building & Construction

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Vendor Insights

Industrial packaging solution manufacturers are actively focusing on further enhancing their product offerings. Many of the companies are changing their raw materials in accordance with the shift of customers towards convenience packaging. International Paper, Time Technoplast Ltd., Mauser Group B.V, Grief, Inc., Balmer Lawrie & Co. Ltd., Clouds Drums LLC., and Gulf Plastic Industries Company are amongst some of the leading companies operating in MENA’s industrial packaging market.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights delivers vital insights on the digital printing packaging market, in its published report, which includes global industry analysis during the forecast period 2021-2031

In terms of revenue, the global digital printing packaging market is projected to expand at a CAGR of ~6.5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-2188

Quicker Turnaround Compelling Adoption

Digital printing packaging is a type of printing technology, which predominantly prints packaging materials by using electronic control laser and ink jet printers.

Digital printing packaging also reduces turnaround time as it requires minimal press setup. Furthermore, digital printing packaging provides quicker response time for printing as compared to the conventional printing technique.

Application of digital printing technology for short print runs with customized marketing communication in packaging, offers benefits to print service providers and packaging converters in the form of controlled inventory levels. This makes digital printing packaging desirable for high-quality graphic packaging applications.

The global digital printing packaging market has been segmented on the basis of print technology type, product type, and end use.

The global digital printing packaging market is anticipated to expand 2x in terms of volume by the end of 2031.

Europe Being Touted As A Highly Profitable Market

North America holds more than 1/4^th share of the global digital printing packaging market, and is estimated to uphold its eminence in the global market.

China is also one of the leading manufacturers of digital printing packaging solutions and accounts for more than 10% of the global market.

In the South Asia region, India has emerged as one of the key markets for digital printing packaging. Owing to the presence of several unorganized players, the Asian digital printing packaging market has developed as a competitive market and is anticipated to expand at a considerable rate during the forecast period.

Though a matured market, Europe represents a substantial incremental opportunity for the digital printing packaging market. This can be attributed to the upsurge in demand for aesthetic printing solutions in the region.

By Print Technology Type:

• Liquid Toner Electrophotography Printing
• Nano-graphic Printing
• Inkjet Technology
• Others (Dye tonner)

By Product Type:

• Labels
• Flexible Packaging
  • Films & Wrap
  • Bags & Sacks
  • Pouches & Sachets

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Label and tape manufacturers usually prefer short printing runs to digitally print packaging solutions.

Furthermore, digitally printed folding cartons are widely used in several end-use industries such as food, beverages, personal care & cosmetics, etc., which is driving the growth of the digital printing packaging market.

In Europe, the UK is expected to witness high growth in the digital printing packaging market, while Germany is anticipated to be prominent, in terms of market value share and incremental opportunity both, in the European market.

The digital printing packaging market is expected to benefit the most from the demand produced by label and tape applications.

In 2019, the U.S. is expected to be prominent in the North American digital printing packaging market with more than 90% value share.

Moreover, Canada is anticipated to witness growth of more than 5% in the North American digital printing packaging market during the forecast period 2021-2031.

Key market players that have been profiled in the report on the digital printing packaging market include HP Inc., Landa Corporation Ltd, Xeikon N.V., Mondi Group, Eastman Kodak Company, Quad/Graphics, Inc., Reynders Label Printing, Tailored Label Packagings, Inc., DS Smith Plc, Creative Labels Inc., Traco Manufacturing, Inc., Thimm Group, Elanders, Ws Packaging Group, Inc., and Colordruck Baiersbron, among others.

Several unorganized and regional market players are anticipated to contribute to the global digital printing packaging market during 2021-2031.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Booming food & beverage industry in the US and Canada demands higher production of plastic containers. Over time, a vast variety of carbonated and non-carbonated drinks have been developed across North America, some of which went on to span the globe. Manufacturers of these drinks and food products continue to seek customized bottles for packaging as their unique designs provided the needed brand identity for products. PET blow molders, thus, have become a key industrial equipment in North America.

Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-3534

Future Market Insights recently published its report on the PET blow molder market in North America, excerpts from which project the market to reach US$ 57.3 Mn value by the end of 2026. Although, key findings from the report project that during the forecast period, 2016-2026, the North American PET blow molder market will expand at a moderate pace. The market is presently valued at an estimated US$ 37.5 Mn, and is anticipated to register a moderate CAGR of 4.3%. In terms of volume as well, the market recorded sales of close to 400 PET blow molders in 2016. In the due course of forecast period, around 574 PET blow molders will be sold in North America, exhibiting a sluggish growth at 3.8% CAGR.

Factors Restraining the Demand for PET Blow Molders in North America

The report, titled “PET Blow Molder Market: North America Industry Analysis and Opportunity Assessment, 2016-2026,” has compiled multiple factors impacting the growth in demand for PET blow molders in North America. Higher preference to PET bottles by manufacturers of packaged drinking water is expected to drive the demand for PET blow molders in the region. But, the key restraints for North America’s PET blow molder market include:

• Is it Economical? Blowing machines are majorly utilized by big manufacturers who require large scale output, but this creates a barrier for the other rural industries. If these machines are forced to give an output of a smaller volume, then the manufacturers aren’t able to fetch much profits. This is because PET blow molders consume the same amount of energy regardless of output volume.
• Poor Stretch Ratios – These customized bottles have acute stretch ratios, due to which they can bend or even break upon dropping. The bottles should also be able to achieve standard measures set bearing certain force at lower temperatures.
• Saving Resins Hampers the Bottle Quality – Bottle manufacturers have started to use lesser raw material amount in the manufacturing process. Such bottles tend to collapse at their weakest points, as at those points, the material gets too thin to bear any force. And, these bottles will not be able to bear the load administrated to them during their quality checking process.

Companies such as PET All Manufacturing Inc., R& B Plastics Machinery, LLC, Amsler Equipment, Inc., SIPA North America Inc., Nissei ASB Company, Milacron Holdings Corporation, Sidel, Jomar Corporation, Custom-Pak Inc., and Tech-Long Inc. are leading manufacturers of PET blow molders, based across the US and Canada. The PET blow molder market in North America is split into these two countries, where US is projected to remain the dominant country by procuring over 70% of gross revenues throughout the forecast period.

Market segmentation

By Technology

• Extrusion Blow Moulding Machine
• Injection Blow Moulding Machine
• Stretch Blow Moulding machine

By End Use

• Food & Beverages
• Pharmaceuticals
• Personal Care
• Others

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On the basis of molding technologies, in 2016, injection blow molding technology accounted for revenues worth nearly US$ 17 Mn. This technology will continue to dominate the market revenues in the years to come. Demand for automatic PET blow molders will also gain traction, exhibiting a market revenue share of whopping 93.6% by 2026-end. The report also reveals that pharmaceuticals and personal care application of PET blow molders will showcase revenue growth above 4.3% CAGR, while food & beverages continue to be largest application of PET blow molders in North America.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

A new report published by Future Market Insights titled “Polyester Straps Market: Global Industry Analysis (2012 – 2021) and Opportunity Assessment (2022 – 2027)” studies the performance of the global polyester straps market over a ten year assessment period from 2022 to 2027. The report presents the value and volume forecast of the global polyester straps market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from about US$ 973 Mn in 2022 to nearly US$ 1389 Mn by 2027 end, resulting in a CAGR of 7.4% over the forecast period. In terms of volume, the global Polyester Straps market is pegged at 564.3 ‘000 tonnes in 2022 and is expected to register a CAGR of 6.6% during the forecast period, to reach 1,073.8 ‘000 tonnes by the end of 2027.

Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-3425

Global Polyester Straps Market: Segmentation and Forecast

The report segments the global polyester straps market on the basis of packing grade, width, break strength, thickness, application and on the basis of end use industry.

• The machine grade segment is estimated to be valued at US$ 290 Mn in the year 2022 and is slated to reach a value of US$ 576.4 Mn in the year 2027, exhibiting a CAGR of 7.1% during the period of assessment.
• The 5-15 mm width type segment is estimated to be valued at US$ 3 Mn in the year 2022 and is poised to reach a value of US$ 442.2 Mn in the year 2027, displaying a CAGR of 6.9% during the forecast period.
• The 300-500 kg break strength type segment is estimated to be valued at US$ 175.6 Mn in the year 2022 and is slated to reach a value of US$ 365.1 Mn in the year 2027, exhibiting a CAGR of 7.6% during the assessment period.
• The less than 0.50 mm thickness type segment is estimated to be valued at US$ 97.8 Mn in the year 2022 and is poised to reach a value of US$ 186.6 Mn in the year 2027, displaying a CAGR of 6.7% during the forecast period.
• The heavy duty bailing and others application type segment is estimated to be valued at US$ 73.4 Mn in the year 2022 and is slated to reach a value of US$ 140.8 Mn in the year 2027, exhibiting a CAGR of 6.7% during the period of assessment.
• The paper and allied products end use industry segment is estimated to be valued at US$ 98 Mn in the year 2022 and is poised to reach a value of US$ 179.3 Mn in the year 2027, exhibiting a CAGR of 6.2% during the forecast period.
  

  Global Polyester Straps Market By Category

  By Thickness:

  • Below 0.5mm
  • 0.5mm-0.75mm
  • 0.76mm-1mm
  • Above 1mm

  By Packing Grade:

  • Hand Grade Polyester Straps
  • Machine Grade Polyester Straps

  By Width:

  • 5mm-15mm
  • 16mm-25mm
  • 26mm-35mm
  • Above 35mm

  By Breaking Strength:

  • Up to 220kg
  • 221kg to 300kg
  • 301kg to 500kg
  • 501kg to 1,000kg
  • Above 1,000kg

Global Polyester Straps Market: Regional Forecast

Future Market Insights tracks the performance of the global polyester straps market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. As per the forecast of Future Market Insights, North America polyester straps market is estimated to be valued at US$ 158.3 Mn in the year 2022 and is slated to touch a value of US$ 323.9 Mn in the year 2027, reflecting a CAGR of 7.4% during the assessment period. The Western Europe polyester straps market is estimated to be valued at US$ 119.8 Mn in the year 2022 and is slated to touch a value of US$ 237.8 Mn in the year 2027, exhibiting a CAGR of 7.1% during the assessment period.

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Global Polyester Straps Market: Vendor Insights

The report has included some of the key players operating in the global laundry care market such as Teufelberger Holding Ag, Samuel Strapping Systems, FROMM Packaging Systems Inc., Mosca GmbH, Industrial Yarns Pty Ltd., Linder GmbH, The Plastic Strapping Company Ltd., Northshore Strapping Company, Plastic Extruders Ltd., National Webbing Products and others. Launching of bio-gradable Polyester Straps is a key focus area for key players in this market both at international as well as regional level. Manufacturers are preferring recycled raw materials for manufacturing Polyester Straps.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Today’s lifestyle has become expeditious and consumers are always on the go. As a cost-effective and convenient options disposable cups come handy as they take a sip into their favorite beverages while running for daily errands.

Future Market Insights (FMI) sees this as an attractive prospect for the sales of disposable cups. Consumer preference for eating out had the demand for on-the-go or take-away beverages exploding. Driven by this, the overall disposable cups sales are expected to total US$ 10.6 Bn in 2021.

Exponential growth of online food ordering also will create opportunities for sales of disposable cups. Foodservice providers prefer disposable cup because they are tamper-proof and keep beverages safe from contamination during transportation. Plastic disposable takeaway cups are economical, solid, and insulation can extend both the hot and cold liquids delivery time.

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Additionally, disposable cups with lids and straw slots are easier for quick delivery without the fear of leakage and pouring. Disposable cups do not require much storage space and are extremely easy to carry during transportation and serving.

Food service providers choose paper or disposable plastic cups over glass because they are unbreakable, time-saving, and easy to clean. Therefore, many fast food joints, cafeterias, and food malls opt for disposable cups as a reliable, safe, and convenient packaging solution to offer quickest delivery to the customers.

Key Takeaways from Disposable Cups Market

• The less than 250 ml disposable cups are smaller in size and are easily disposable, biodegradable, and recyclable. These cups will hold a market share of 51.1% by 2031.
• Paper is the most preferred material type and will account for 48.6% of market share by 2031.
• The beverages segment of disposable cups is projected to be the fastest-growing application segment, accounting for a share of 71.7% during the forecast period due to the rising demand for ready-to-drink beverages.
• Among end users, the food retail sector will account for a share of 60.7% in the market by 2031.
• Across the globe, Asia Pacific has emerged as the fast-growing market. It is estimated to showcase a CAGR of over 6-7% through the forecast period.

 “With the rising preference for dining out, the popularity of on-the-go beverages and growing awareness about eco-friendly packaging solutions will fuel the demand for disposable cups. Also the expansion of foodservice chains, hypermarkets, and quick-service restaurants will boost sales opportunities in the disposable cups market,” says FMI analyst.

Demand for Innovation and Sustainable Packaging to Drive Sales

Innovation is crucial as it helps companies make deeper inroads in the market, creating better opportunities for customers.

For instance,

• On 4th December 2020, the Acre launched ButterflyCup, the world’s most environmentally friendly disposable cup. The ButterflyCup contains no plastic laminates, and it is designed as an all-in-one eliminating the need for a plastic lid. The printing on these cups is done with plant-based ink, and it can be recycled along with the cardboard in recycle bin or composted at home as ordinary paper. Hence, the ButterflyCup has been designed as a sustainable solution to the plastic waste crisis.

Therefore, innovation and sustainability will enhance the disposable cups market.

Plastic Ban across Regions Creating Growth Opportunities

Single-use plastic consumes valuable natural resources for production, pollutes the environment, and harms wildlife and flora and, fauna. Many countries have banned single-use plastics due to the enormous plastic litter in the landfills and sea.

According to Oceana Organization, around 15 million metric tons of plastic waste is thrown into the ocean every year, which generates about two trucks of plastic garbage entering the ocean every minute. The U.S. creates a significant plastic waste than any other country. As plastic production is growing at a rapid rate, there can be devastating consequences.

The items made from expanded polystyrene are no longer sold and banned in Europe. The new law called Single-use-Plastics (SUP) aims to prevent and reduce the impact of plastic products on the aquatic environment and human health. The directive is transposed into national law and applied from 3rd July 2021; any country that does not follow these obligations will be fined. Many countries are restricting single-use plastics; thus, hampering the growth of the disposable cups market.

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Impact of COVID-19 on Disposable Cups Market

The disposable cups are the safest, secure, and hygienic packaging favoured during the pandemic. The COVID-19 outbreak has affected people drastically. To prevent and control the virus spread hospitals, quarantine centres, and shelter homes have utilized one-time use disposable cups for serving food and beverages to the patients and caretakers.

Disposable cups are quickly discarded, recycled; hence the chances of virus spread can be avoided. Furthermore, disposable cups are also used by foodservice providers as the most economical, easy to carry, and dispose of option, which also caters to concerns pertaining to the health and wellness among consumers.

Disposable Cups Market Landscape

Pactiv LLC., Georgia-Pacific LLC, Huhtamäki Oyj, Dart Container Corporation, Berry Global Group, Inc., and among others are the prominent players in the global disposable cups market. The Tier 1 players in the market hold 15-20% in the global disposable cups market.

Disposable Cups Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global disposable cups market, analyzing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the disposable cups market on the basis of material type (paper, plastic, and foam), capacity (less than 250ml, 250 to 750 ml, and above 750 ml), application (food (spreads, sausages & dressings, confectionary, dairy (ice cream, yogurt, drinks)), and beverage (hot, and cold)), and end user (food service, and food retail)) across seven regions of the globe.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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All-flash arrays are known to provide advanced data management services that are beyond the scope of spinning media. They consume less power and produce less heat. Thus, they do not need as much cooling as standard hard disk drives. Therefore, the need for air conditioning in data centers is reduced. All-flash arrays come incorporated with all the advanced features that an enterprise might need. Some of these features include replication, snapshots and data reduplication.

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All Flash array is more expensive than spinning disk, but the development of multi-level cell flash has lowered the price of solid state drives. Multi-level cell flash is slower and less durable than single-level cell flash, but companies have developed software that improves its wear levels to the point where multi-level cell is acceptable for enterprise applications. Single-level cell flash still remains the choice for applications with the highest input/output requirements, however.

All Flash Array Market: Drivers and Challenges

Few of the all flash array market drivers are that they are easy to manage, hence there are no restrictions on the way logical volumes are created. All flash arrays are physically smaller in size, and thus the overall rack count is smaller. In addition to this, all flash arrays are easy to install and maintain, which reduces the maintenance cost for the enterprise. Also, all flash arrays transfer data at a much faster rate in comparison to other hard disk drives; which is another major driving factor of all flash array market.

Few of the challenges faced by the all flash array market are that during an unexpected drive failure, it would become more difficult to recover data than with standard disks. Hence, proper backup and mitigation plans should be made by the enterprises. Further, all-flash arrays cost a bit more, simply because flash is costlier than spinning media.

All Flash Array Market: Key Market Players

Few of the companies in all flash arraymarket are: IBM Corporation, NetApp, Inc., Kaminario, Inc., Hewlett Packard Enterprise, Dell Inc., Hitachi, Ltd., EMC Corporation, Seagate Technology LLC, SanDisk Corporation and Pure Storage, Inc. These companies are focused towards innovating and updating their existing product offerings in order to increase their market share in all flash array market.

All Flash Array Market: Regional Overview

All Flash Arraymarket is currently dominated by North America region owing to technological advancements in this region. Europe all flash array market follows next as various end user industry verticals are realizing the importance of all flash array. Asia Pacific all flash array market is growing at a comparatively high rate owing to enterprises realizing the importance of all flash array.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

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All Flash Array Market: Segmentation

Segmentation on the basis of storage system:

• Direct-attached storage
• Network-attached storage
• Cloud storage
• Unified storage
• Storage area network
• Software-defined storage

Segmentation on the basis of enterprise:

• SMEs
• Large scale Enterprises

Segmentation on the basis of vertical:

• BFSI
• IT & Telecommunications
• Government & Defense
• Transportation
• Manufacturing
• Healthcare
• Retail
• Energy & Utilities
• Others

Report Highlights:

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

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