Foodservice Paper Bags Market to Witness Stunning Growth by 2030

In its new market study, Future Market Insights (FMI) has forecasted that the global foodservice paper bags market will record healthy growth between 2020 and 2030, and will progress at a CAGR of 5.4%. Moreover, the study projects that the market will attain a global valuation of US$ 1.45 Bn by 2030.

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In the recent past, rising concerns regarding alarming levels of pollution caused by plastic have compelled several nations to impose a ban on plastic materials. This is promoting foodservice providers to opt for sustainable packaging solutions, thus driving the demand for paper bags.

Along similar lines, the proliferation of online food delivery and the growing trend of on-the-way meals are positively influencing the adoption of paper bags in foodservice applications. As end-users seek packaging solutions that are strong and leakage-proof, manufacturers are emphasizing on innovation in product design.

“Market players are focusing on developing products with high tensile strength and better quality to gain an edge over their counterparts, plastic bags, which are stronger than paper bags,” remarks FMI analyst.

Key Takeaways

  • Brown kraft-based paper bags are expected to account for more than 4/5th of market value, owing to their stiffness.
  • Non-handle bags will remain the most sought type, capturing nearly 2/3rd of market value, backed by their convenience and low cost.
  • On the basis of end-use, restaurants are poised to capture more than half of overall global value, ascribed to the rising trend of take-away.
  • Europe is projected to spearhead the regional landscape of the market, capturing more than 1/3rd of market value.
  • East Asia will prevail as the second most lucrative regions through the forecast period, holding a quarter of the market value.

COVID-19 Impact on Foodservice Paper Bags Market

The outbreak of COVID-19 is exhibiting a dual impact on the packaging industry and it clearly reflects in the demand for paper bags in the foodservice sector. As people across the world remain confined in their homes, packaged food has emerged as a solution for their food cravings.

With efficient online food delivery services in place, consumers are resorting to online orders. This will aid the demand for paper bags to sustain during the forecast period to an extent. However, the closure of restaurants and other food outlets coupled with limitations on the production front will pose a challenge to the steady growth of the market during the pandemic.

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Who is Winning?

Key players in the market are focusing on producing sustainable products to comply with the existing norms on packaging methodologies. Along similar lines, traditional growth strategies such as acquisitions, mergers, and expansions will continue to shape the competitive landscape. On these lines:

  • In 2019, Amcor launched a new recyclable packaging format that is capable of reducing carbon impact by 64%.
  • In the same year, Westrock company completed acquisition of KapStone Paper and Packaging Corporation with an intention to expand its product portfolio.

FMI’s report includes profiles of some of the most prominent names in the market including WestRock Company, Huhtamaki Oyj, Paperbags Limited, Novolex Holdings LLC, Ronpak Inc., The Mondi Group LLC, Amcor Ltd., Vegware Ltd., Stora Enso Oyj., Smurfit Kappa Group, International Paper Company, Georgia Pacific LLC, Welton Bibby And Baron Limited, Biopac (UK), United Bags Inc. and Global-Pak.

 

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.

Contact :

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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Increasing Demand from Printing and Publication Industry to Improve Growth Prospects for Glassine Paper Market

The global glassine paper market is fragmented in nature with the presence of key market players in the U.S., Germany, Italy, China, and Japan. The glassine paper market is anticipated to offer lucrative opportunities to new entrants for expansion in developing nations such as India, Brazil, Malaysia in the upcoming years.

Increasing demand for glassine paper for convenience products in the food industry will improve sales prospects in Japan and the Middle East.. Low production costs, cheap labor and easy availability of raw materials are encouraging market players to expand their production facilities in Asian countries.

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As per FMI, Brazil is projected to emerge as an attractive market, owing to increasing disposable income and expansion of the food industry in Latin America.

Glassine paper is non-reactant to the food or beverages packed in it, especially the food-grade glassine paper which is made for the safe and hygienic packaging of eatables and drinkables. Moreover, increasing demand for food & beverages is resulting in the high usage of safe packaging materials, which is further augmenting growth of the glassine paper market.

Growing consumer awareness regarding quality and safety of food and beverages is bossting demand for safe packaging materials. This is anticipated to continue fueling sales of glassine paper during the forecast period.

Glassine Paper Market- Key Takeaways

  • Based on material type, unbleached glassine paper segment is expected to offer total incremental opportunity of US$ 766.4 Mn during the assessment period.
  • In terms of application, cups and wrappers segment is projected to hold 27.5% of the global glassine paper market share, while the tapes and labels segment is projected to create an incremental opportunity of US$ 444.1 Mn.
  • By end use, printing and publication segment is expected to exhibit a 6.2% CAGR through 2021. Pharmaceutical segment is expected to attract an incremental opportunity of US$ 440.9 Mn in the forthcoming years.
  • Emerging markets in East Asia and Latin America are projected to witness high demand for glassine paper, owing to increasing usage in ready-to-eat meals, holding more than 22% of market share by the end of 2021.

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“Recycling is a sustainable method to preserve environmental quality and reduce carbon footprint. Recyclability, sustainability and eco-friendliness of glassine paper will continue driving its applications in various end use industries through 2031. Glassine paper market is expected to expand with a YOY growth of 3.9% during the years 2021 – 2022,” says the FMI analyst.

Increasing Sales of Waxed Papers to Fuel Glassine Papers Market Growth

Glassine paper can be used as waxed paper, once coated with wax on its surface. Waxed papers provide an economical choice for primary food packaging not only because of their versatility but also because of their safety as tasteless, odorless, non-toxic, and relatively inert materials.

Applications of waxed glassine paper in conventional packaging applications include: delicatessen pickup sheets; box liners; cover, scale, and utility sheets; patty papers; sandwich wraps; and bags, laminations to other papers and paperboard for food trays, locker papers, carryout cartons, food pails, baking cups, folding cartons, cereal liners, and folding carton overwrap. The varied applications of waxed papers are expected to boost sales of glassine paper in forthcoming years.

Food Packaging Will Continue Spurring Demand for Glassine Paper

The exponential rise of the food industry is being witnessed in all parts of the globe, due to the rise in consumer awareness about the quality of food and safety of the food while it is being delivered to the end user. The demand for safe packaging materials is high.

The growing food delivery chains ensures that the food packaging is non-reactant to the food so that the consumer can enjoy the food without getting any reaction or harm.

Glassine paper is non-reactant to the food or beverages packed in it, especially the food-grade glassine paper is made for the safe and hygienic packaging of eatables and drinkables. Moreover, the high demand for food & beverages is resulting in the high usage of safe packaging materials, which is gradually resulting in the growth of the glassine paper market.

Ahlstrom-Munksjö Oyj, Sappi Limited, Glatfelter Corporation, Nippon Paper Industries Co. Ltd., Shandong Chenming Paper Holdings Ltd., Glassine Canada Inc., Cartiere Ermolli S.P.A., Guilin Qifeng Paper Co., Ltd., Henan Jianghe Paper Co., Ltd., Spoton Coatings Private Limited, Kamakshi Lamipack Private Limited, Patidar Corporation, Singhvi Foils, Sumika-kakoushi Co., Ltd., Fujian Naoshan Paper Industry Group Co., Ltd., GRÜNPERGA Papier GmbH, Pudumjee Paper Products Ltd., Nordic Paper AS, KRPA Paper, Inc., Metsä Tissue,

Riverside Paper Co., Savvy Packaging Pvt. Inc., UPM-Kymmene Oyj, Fibril Tex Pvt. Ltd., S.P. Enterprises, Karani Papers, LINTEC Corp and Aaradhya Disposal Industries Pvt. Ltd. are few of the market players in glassine paper market. Tier 1 players include Nippon Paper Industries Co Ltd., Sappi Limited, UPM-Kymmene Oyj, among others. The key players are estimated to hold 20% to 30% of the total global glassine paper market share.

Electrostatic Discharge (ESD) Packaging Market to Grow at Robust CAGR by 2030

A recent study published by ESOMAR-certified Future Market Insights on the global ESD packaging market establishes that the market is slated to expand impressively through 2030.

Deepening internet penetration has accelerated the adoption of various electronic and IoT devices with a view to streamline production and operational efficiency. Hence, production of integrated circuit boards, chips and other material has risen, providing immense scope for expansion of electrostatic discharge packaging solutions.

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Prolific developments are expected in the automobile manufacturing segment, with companies seeking to leverage automation and cloud computing systems to generate greater output. However, near-term prospects appear sluggish in the wake of the COVID-19 pandemic.

Key Takeaways from FMI’s ESD Packaging Market Report

  • ESD packaging bags continue to witness high demand
  • Electrical & electronic components manufacturing to witness high adoption of ESD packaging
  • North America to emerge as market hegemon, East Asia to be the fastest expanding market
  • Presence of metallic powder in ESD packaging is likely to impede adoption, owing to high possibility of component damage

“Vendors are relying on customization of product offering to cater to multiple industries, thereby enhancing their future revenue prospects,” comments the FMI analyst.

COVID-19 Impact Analysis

The COVID-19 pandemic has had varying impacts on the growth prospects of electrostatic discharge packaging across different end-use industries. While uptake across electronics and electrical goods manufacturing has surged, industries such as manufacturing and automotives have registered substantial decline in the past few months.

In the former case, growth has remained sustained due to the enforcement of work from home guidelines by various business organizations. This has stimulated demand for IoT devices such as smartphones and laptops. Hence, production of these devices’ internal assembly parts has accelerated, broadening revenue prospects for ESD packaging solutions.

In the latter scenario, falling production and output levels as a consequence of government-enforced shutdowns has stalled demand for IoT devices in these sectors. Thus, sales of ESD packaging solutions have suffered a substantial fall. This sluggishness is expected to prevail until 2021-end.

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Competitive Landscape

A plethora of manufacturers operate within the ESD packaging landscape. Some prominent vendors include, but are not restricted to: Conductive Containers Inc., Tandem Equipment Sales Inc., Elcom (UK) Ltd., Global STATCLEAN SYSTEMS and NEFAB Group among others.

Amongst all strategies deployed by the abovementioned market players, it has been discovered that offering customized packaging solutions is the best approach in order to withstand the high degree of competition within the market.

Furthermore, vendors are capitalizing on mergers and acquisitions in order to cope with the ever changing market scenario across the most lucrative growth regions. Product innovation is yet another approach adopted by several players.

 

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.

Contact :

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

Corrugated Automotive Packaging Market Revenue Growth Predicted by 2030

According to a recent report by Future Market Insights (FMI) the market for corrugated automotive packaging is likely to reflect moderate growth from 2020 to 2030. The sector is expected to benefit from sustainability initiatives in the packaging industry. The growth trajectory of the global corrugated automotive packaging market is projected to be significantly affected throughout 2020. A substantial dip in comparison to previous years is likely, largely owing to the effects of the coronavirus pandemic on the global automotive sector.

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According to the report applications of corrugated packaging will primarily find use for lighting components, owing to safety standards associated with electronic parts, with boxes remaining a popular option for efficient logistical supply chain operations. The market is expected to gain from industry acquisition and capacity expansion strategies and investments towards product development.

In addition, continued demand for plastic and foam based corrugated packaging and increased niche applications for engine and battery components are likely to aid the industry for years to come. On the other hand, strict regulations about automotive component standards in terms of safety and the environment will restrict industry prospects. Also, high capital costs in the industry are expected to restrict market developments to large scale players.

The FMI report provides an overview of the industry, covering key dynamics in the market. Some of the top takeaways of the report include:

  • The corrugated automotive packaging market has been valued at over US$ 1.7 billion in 2019, and the growth rate of the market is likely to be strongly affected by the covid-19 outbreak, owing to lockdown restrictions on the manufacturing and automotive sectors
  • Corrugated boxes remain the preferred packaging format, owing to benefits in stacking, and efficiency in logistical operations from suppliers to end users
  • Packaging for automotive lighting will generate higher demand as that of batteries, engine components, filters, and electrical among others. Engine and battery packaging applications are likely to reflect faster growth owing to lower risk of accidental discharges

East Asia remains a leading market, supported by a vast automotive industry and numerous packaging material manufacturing facilities. Further, South Asia is also expected to be a key contributor on the back of demand from India, Indonesia, and Thailand.

“Original equipment manufacturers (OEMs) in the automotive industry are displaying increased preference towards corrugated packaging options owing to easier recycling, lower costs of shipping, and low weight. Corrugated packaging products are easier to customize as per the needs of the end user through the supply chain,” said a lead analyst at FMI.

Covid-19 Effect on Corrugated Automotive Packaging Market

The coronavirus outbreak has had a largely negative impact on the corrugated automotive packaging industry. Lockdown restrictions on the automotive, manufacturing, and packaging sectors will result in a sharp decline in demand.

Also, restrictions imposed on international trade in terms of raw materials and components and restricted operations at production plants are likely to have a disruptive impact on the market in the short term. Recovery is likely to be sluggish owing to uncertainty over duration and severity of the outbreak, with growth likely to rise through 2021.

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Who is Winning?

In its latest report, Future Market Insights has given a detailed analysis of the many strategies being employed by market players in the corrugated automotive packaging market. Leading players are largely emphasizing on product development and launch strategies in addition to strategic acquisitions and capacity expansions.

Some of the major players in the industry include International Paper Company, Sonoco Products Company, Mondi Group Plc, Sealed Air Corp, WestRock Company, Greif Inc., DS Smith plc, and Smurfit Kappa Group plc, among others.

 

 

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.

Contact :

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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Website: https://www.futuremarketinsights.com

Eco-Friendly Straws Market Estimated to Expand at a Robust CAGR By 2030

According to FMI, the global eco-friendly straws market is anticipated to exhibit a positive growth trend through 2030, primarily driven by growing focus on sustainable manufacturing and consumption. The report opines that awareness about sustainable living and rising environmental protection concerns will influence investments in eco-friendly products, and straws as a category will benefit from it.

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Demand for eco-friendly straws is especially strong across the foodservice segment, with an increasing proportion of consumers preferring to eat fast foods and other ready-to-serve meals.

 Key Takeaways

  • Global eco-friendly straws market to expand at 4.9% CAGR through 2030
  • Stringent legal provisions combined with awareness campaigns by NGOs to curb plastic waste likely to drive market growth
  • Virgin kraft paper to witness maximum adoption in eco-friendly straws production due to enhanced material neutrality
  • Sales through e-commerce channels to surpass US$ 2 Bn by 2030
  • Europe will witness higher investments in eco-friendly straws

“Collaborations with governmental agencies and global platforms to spread awareness about plastic waste generation is considered an important approach by vendors to promote sales of eco-friendly straws,” says the FMI analyst.

COVID-19 Impact Analysis

With the onset of the coronavirus pandemic, a definite hygiene oriented pattern has emerged within consumers’ habits. Consumers are reallocating their budgets towards purchasing immunity and hygiene enhancing foods and beverages.

This trend of healthy drinking and eating also entails utilization of environmentally friendly utensils such as paper plates, bowls, straws and cutlery. Hence, demand for eco-friendly straws in household settings has witnessed a major spike since the past few months.

The imposition of lockdowns has compelled organizations to issue work-from-home directives. Subsequently, there has been an increase in the demand for fast foods and ready-to-drink beverages through online delivery platforms. This has impelled the sales of eco-friendly straws.

A moderate downswing is anticipated with the cessation of outdoor dine-in activities. Fears of community infection spreading has compelled hotels, cafeterias and restaurants to suspend all dining operations, decelerating demand for eco-friendly straws across the commercial sector.

Competitive Landscape

Key players are focusing on expanding their reach globally by diversifying their product portfolio. They also undertake awareness campaigns to minimize usage of non-recyclable material and strategic partnerships with existing players.

In 2018, Sulapac Oy joined forces with Stora Enso to develop renewable and biodegradable straws. This partnership is a product of both companies’ commitment to combat the global problem of plastic waste generation. The straws are made from wood and natural binders, recyclable via industrial composting.

Recently, in May 2020, Huhtamaki Oyj collaborated with WasteAid and announced a global partnership to drive community level circular economy innovation in key locations. The collaboration aims to provide education and training on waste management and circular systems and work with key stakeholders across India, Vietnam and South Africa.

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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.

Contact :

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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Website: https://www.futuremarketinsights.com

Healthcare and Laboratory Labels Market Share and Growth Factors Impact Analysis 2030

Surging demand for simple yet effective informatory solutions in the healthcare landscape related to medical devices, drugs, diagnostic samples, etc. is expected to remain the primary growth attribute to the healthcare and laboratory labels market. As labels offer details of the medical samples such as purpose, longevity, and safety hazards, among others, they are considered crucial across hospitals and laboratories. Furthermore, the usage of labels is proving highly helpful to consumers in understanding the properties and functionalities of complex medical devices in home care settings.

Advent of technologies such as NFC, IoT, and RFID coupled with penetration of cloud platforms into healthcare settings have enabled the development of intelligent labels, and it is expected to further fuel the growth of the market. The development of smart labels that facilitate tracking, tracing, and automated data collection of the products is projected to give a major boost to the market.

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Along similar lines, implementation of stringent regulations pertaining to healthcare labels to curb the incidence of medical errors caused by faulty labeling is also forecasted to bestow remunerative opportunities to market players. In addition to mentioning details of the product, healthcare and laboratory labels have eased managing and gathering information, thus reducing chaos in data management applications across clinics, blood banks, pharmaceutical industries, and hospitals, among other end-uses.

On the back of these factors, the global healthcare and laboratory labels market is forecasted to grow in value at a steady CAGR of 4.8% between 2020 and 2030, according to a new market study by Future Market Insights. Some of the key takeaways from the report are:

  • The global healthcare and laboratory labels market is projected to attain a valuation of US$ 22,700 Mn by the end of the forecast period.
  • Based on material, paper-based labels are expected to remain the most sought-out material type, accounting for nearly 65% of the value, since they are easily available and affordable.
  • Polyolefin-based labels are expected to create an incremental opportunity of US$ 1,450 Mn between 2020 and 2030, owing to increasing preference in nutraceutical applications due to strong adhesiveness.
  • By end-use, the pharmaceutical segment is anticipated to channel the majority of revenue through the assessment period, backed by a high need for labeling novel drugs.
  • North America is projected to maintain hegemony over the regional landscape, accounting for nearly 30% of market share, ascribed to the high emphasis on medical safety across healthcare and pharmaceutical sectors in the region.
  • South Asia is exhibiting tremendous growth potential, due to increased spending on healthcare settings and is poised to expand at a 7.5% value CAGR.

“Players operating in the market are focusing on developing smart labeling solutions to stay intact with the ever-evolving consumer requirements and regulatory guidelines, which also ensures a strong foothold,” remarks FMI analyst.

COVID-19 Impact on Healthcare and Laboratory Labels Market

The outbreak of COVID-19 has emerged as a lucrative growth opportunity to market players, creating an unprecedented demand for labeling testing samples of COVID-19. While governments of severely impacted nations continue to upscale the testing capacity of COVID-19, the demand for laboratory labels is expected to witness a significant uptick. Moreover, surging numbers of COVID-19 care centers and infections have necessitated the maintenance of data and labels are proving helpful in identifying, tracking, and testing patients. On the back of these factors, the COVID-19 has catalyzed the growth of the market and the demand for labels will persist high through the pandemic period.

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Who is Winning?

Players operating in the healthcare and laboratory labels market are directing their efforts to develop advanced, innovative solutions that comply with the regulations while also adding value to the medical experience. On these lines:

  • In March, 2020, Schreiner Group announced a partnership with RIFD tracking solutions provider, Kit Check to produce RFID-based smart labeling solutions.
  • United Ad Label is also working on developing RFID-based labels to leverage the growing trend of smart technologies.

FMI’s report includes profiles of some of the most prominent names in the market including Avery Dennison Corporation, CCL Industries Inc., 3M Company, Multi-Color Corporation, UPM Raflatac Corporation, Brady Corporation, Sato Holdings Corporation, Weber Packaging Solutions, Inc., Schreiner Group GmbH & Co. KG, Diagramm Halbach GmbH & Co. KG, The Aenova Group, and Shamrock Labels.

 

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.

Contact :

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

Bag Making Machine Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

Bag Making Machine Market Overview

Nowadays bag making machine is manufactured by manufacturer keeping in mind that to utilize high grade raw material and innovative techniques in compliance with the international quality norms and standards. Bag making machines are of excellent construction, all parts are arranged in a most accessible way, making operation and adjustments simple and easy. The bags are manufactured by various types of raw material such as leather, paper, plastic etc.

The design, shape, and size of the bag are decided on the basis of product packed or the end user industry. The bag manufacturer demands a kind of machine that combines high production output, production quality, reliability with little man power and maintenance. On the basis of end use, bags are used by various industries such as pharmaceutical, food and beverage, industrial product.

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Fully automated and semi-automated machines are available in the market for bag manufacturing. The fully automated machine is the foremost choice of the manufacturer, but the machine still requires an operator for putting the raw material and removing the finished product.

Bag Making Machine – Market Dynamics

The factors which are positively impacting the bag making machines market are push to start for easy operation, excellent combination of value, power and ergonomic features, precision, automatic stop, low noise, low vibration and high accuracy, reverse/forward switch, excellent repeatable torque, and CE certified for extra benefits and safety.

Bag making machine industry is growing due to the high demand of the bag because the bag is the primary attribute for the logistics and transportation, traveling is a considerable factor for the sluggish growth in the demand of the bag.  In some regions use of the plastic bag is prohibited for overcoming the environmental degradation, so they emphasize on the utilization of the alternative products such as leather bag, paper bag, and cloth bag.

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In such kind of region great opportunity for investment in the paper bag making machinery. Paper bag making machine is on trend globally because they produce recyclable and eco-friendly products.

Bag Making Machine: Market Segmentation

The global bag making machine market can be segmented by application, by capacity, and by product type. On the basis of application type, the global bag making machine market is segmented into the paper bag, leather bag, and plastic bag. Moreover, on the basis of capacity, the global bag making machine market is segmented into number of bags per hours. On the basis of product type, bag making machine market is segmented into automated and semi-automated machines.

Bag Making Machine: Regional outlook

Bag making machine market has been segmented on the basis of the region into Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Among these regions, Europe is expected to dominate the market collectively. Alternatively, many bag making machine suppliers and competitor companies are investing in Asia Pacific to tap the growing demand and potential. Furthermore, Asia Pacific is anticipated to witness maximum CAGR over the forecast period primarily driven by China, Japan, and India.

According to the Plastic Machinery Manufacturer Association of India (PMMAI) known plastic machinery manufacturing units are 200 and present domestic machinery market approx. Rs.3000 Cr pa.  It shows that India has the great presence in bag making machinery manufacturing.

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Bag Making Machine: Key players

Some of the key players in the global bag making machine market are CMD Corporation, S-DAI INDUSTRIAL corporation Ltd., hemingstone machinery co. Ltd, Kingdom machine co. Ltd, Dreampac Machines, Gabbar industries Pvt Ltd., Newlong Holland B. V., Polystar machinery Co., ltd., Zhe Jiang Zhengwei Machinery Co., Ltd. A majority of bag making machine companies mostly headquartered in Asia Pacific. However, China and India based bag making machine manufacturers are looking to grab most of the opportunity offered in terms of revenue from the global bag making machine market.

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.

The report covers exhaustive analysis on:

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

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. 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, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

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

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. 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, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Bag Making Machine: Market Segmentation

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.

Pharmaceutical Plastic Packaging Market Study: An Emerging Hint of Opportunity by 2030

The global pharmaceutical plastic packaging market will reflect steady growth, supported by a surge in sales of pharmaceutical products to manage the coronavirus pandemic and a wide number of other chronic ailments.

Plastic packaging is increasingly being used on account of superior barrier properties. According to Future Market Insights, the global pharmaceutical plastic packaging market is projected to surpass US$ 83 Bn by the end of 2030.

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Pharmaceutical plastic packaging is highly sought-after for superior barrier characteristics. In addition, resistance to breakage, leaks and corrosion, and high compatibility with modern printing technologies make plastics a favorable option for drug manufacturers.

The market for pharmaceutical plastic packaging is witnessing a promising growth owing to efforts by manufacturers towards the incorporation of anti-counterfeiting technologies such as QR codes, and nanomaterials, along with sustainability initiatives including bio-based plastics, and recycled plastics.

The integration of smart-packaging technologies to improve patient compliance, and to prevent unauthorized access will also support market growth.

Rising demand for medication, particularly in developing countries, the vast population of geriatrics, issues of antimicrobial resistance, and stricter rules associated to medical safety and the environment are major influencers in the market.

However, manufacturers continue to be challenged by factors such as poor ductility and heat resistance, potential risk of instability and interactions between, pharmaceutical formulations and the container. Also, plastic packaging does not provide high clarity levels, which can be an issue in terms of inspections.

Key Takeaways

Rigid plastic packaging products are gaining traction in the pharmaceutical sector owing to better protective and recyclability characteristics.

  • Prefilled syringes and cartridges are displaying strong growth owing to simplicity of use and better accuracy in dosage.
  • Innovations in tamper evident and child resistant designs support adoption rates.
  • North America and East Asia are prominent regional markets for pharmaceutical plastic packaging.

“In the near future, pharma plastic packaging will transition towards sustainable material options for design and production. Efforts to minimize plastic waste will bolster use of polyethene terephthalate (PET), which can be easily recycled,” says the FMI analyst

Covid-19 Impact on Pharmaceutical Plastic Packaging Market

The ongoing coronavirus pandemic will have significant influence on the pharmaceutical plastic packaging industry. The outbreak has revealed faults in supply chains, and will force market players to optimize strategies, minimizing vulnerabilities. In addition, restrictions on international trade will generate opportunities for local suppliers.

Also, the pandemic is expected to result in a surge of demand for antiviral and antimicrobial properties to reduce the risk of Covid-19 transmission through packaging services.

Ampoules and vials in particular are likely to gain investments. Blister packs and trays will find lucrative opportunities. On the other hand, sustainability initiatives will lose priority, while automation and robotics in production processes will gain traction.

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Who is Winning?

In a new report, FMI has studied the strategies deployed by major companies participating in the pharmaceutical plastic packaging market. Market leaders have been pushing for strategic expansions of production capabilities with the deployment of new facilities or the expansion of existing ones. The expansion strategy also focuses on bolstering geographic penetration in emerging economies to leverage operational cost benefits.

Some of the participants operating in the contact tracing applications market include Gerresheimer AG, Schott AG, Alpha Packaging Holdings Inc., Klockner Pentaplast Group, Amcor plc, Berry Global Inc., Becton Dickinson and Company, Parekhplast India Ltd., West Pharmaceutical Services Inc., Wipak Group, Mondi plc, Sealed Air Corporation, and Constantia Flexibles Group GmbH.

 

 

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.

Contact :

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

Synthetic Paper Market Key Opportunity, Analysis, Growth, Trends 2030

Until a few years ago, pulp derived paper boasted dominance in the industry. However, the wheels of change are turning faster than expected, catapulting synthetic paper manufacturers to the fore. Future Market Insights (FMI) in a recent study highlights various advantages of synthetic paper over their pulp-derived counterparts. It forecasts a sales uptick, indicating impressive growth of the synthetic paper market between 2020 and 2030.

Synthetic papers are obtained from resin. The process of developing this variety of paper has greatly quickly evolved in the last couple of years. While their composition is more similar to a plastic film, they have feel and appearance similar to a paper.

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Various factors are spurring the demand for synthetic fibers. One of foremost importance remains the increasing focus towards environmental sustainability. Consumers nowadays are shunning plastic use for more eco-friendly alternatives. Synthetic papers because recycled thus have found increasing application in the packaging sector.

A rising number of product manufacturers are shifting their production to suit the evolving consumer taste. Providing recycled packages have become a prominent strategy for luring consumers and businesses are unlikely to let the opportunity slip through their hand. Besides packaging, synthetic papers find increasing applications in various outdoor purposes.

The rising demand witness especially for outdoor applications is aided by remarkable advantages of synthetic paper. They are resistant to water and tear and can endure erratic weather better than traditional paper. These very features are attributable to their increasing use as tags in the medical and pharmaceutical sectors.

In its recent study, FMI offers a comprehensive analysis of the synthetic paper market. It uncovers hidden growth opportunities besides cautioning the market players against potential threats. Some of the prevailing trends highlighted in the report are:

  • The unprecedented COVID-19 outbreak will cause stunted growth. Restrictions imposed on travel to contain the virus have caused various supply chain disruptions
  • The demand for better quality and inexpensive papers for digital printing will aid the expansion of the market
  • Asia Pacific will boast leading market share, backed by rising demand in India and China
  • The Middle East and Africa will emerge as a lucrative market especially due to abundant availability of raw materials required for synthetic paper production

“Rising use of tags and labels in packaging will enable growth in the synthetic paper market. Studies suggest that the market will gain significantly from the U.S. FDA approval for the use of RFID tags in pharmaceutical packaging,” said a lead analyst at FMI.

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Who is winning?

Some of the leading companies operating in the global synthetic paper market are PPG Industries, Inc., Seiko Epson Corporation, Agfa-Gevaert Group, Yupo Corporation, Hop Industries Corporation, Arjobex SAS, MDV-Papier-und Kunststoffveredelung GmbH, Cosmo Films Ltd., Transilwrap Company, Inc., Toyobo Co. Ltd., American Profol Inc., Relyco Sales, Inc., Neenah Inc., among others.

The market exhibits prevalence of a high degree of competition. In order to gain edge over rivals market players are focusing on innovative launches. Through this they intend to expand their portfolio.

 

 

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.

Contact :

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

Dispersion Coating Market : Global Industry Analysis 2015-2019 and Opportunity Assessment 2020-2030

Dispersion Coatings Market: Overview

Paper packaging has key attributes such as sustainability, recyclability, lighter alternative to heavy packaging formats and multi-application areas. This has led to shift the focus from plastics, glass and metal in the packaging systems. The increasing packaging trends such as economical and environment-friendly packaging has a positive impact on the paper packaging industry. With paper packaging, protection, convenience, tractability and marketing is ensured.

Dispersion coating on the paper enhances its integrity and appearance. It prevents moisture and gases from hampering the quality of the product. In addition, it provides a smooth surface for better printability. Dispersion coatings is a type of water-based barrier coating and tends to improve the performance of paper and packaging. Thus, this is likely to hike the demand for the dispersion coating market. Dispersion coated papers can be easily recycled through pulping, composting and thermal treatment. On the other hand, plastic-based coatings and lamination do not meet the sustainability requirements and are costly to recycle since it includes the process of delamination. Thus this concern might raise the demand for dispersion coating and would impact its market positively.

Dispersion Coatings Market: Dynamics

Demand for sustainable packaging is continuously growing as there are various regulatory enforcements on the usage of non-environment friendly materials and thus it is forcing the brand owners to consider sustainable new alternatives. The costs associated with dispersion coatings is comparatively lesser than that of the extrusion coatings while maintaining the packaging strength and reliability. This is likely to augment the demand for dispersion coating and provide opportunities to the dispersion coating market.

Paper manufacturers can utilize their existing machinery and process which is used for paper coating for printing and writing purposes. Additionally, when compared to extrusion coating, dispersion coating involves fewer process steps and can be produced at a higher speed. This would enable manufacturers to have business advantages. This would enable a higher adoption rate for dispersion coating, thereby boosting the dispersion coating market.

Food and beverage industry will dominate the demand for paper and paperboard packaging along with prevention and functional qualities. Dispersion coating tends to provide the solution for such packaging needs. Thus, the food and beverage industry is likely to comprehend the growth of dispersion coatings market. E-commerce is likely to elevate the demand for paper and packaging formats which prevents oil, grease, moisture and water resistance and prevents damages while shipment of goods. Dispersion coating being a sustainable alternative is sought to replace non-sustainable materials and this would augment the growth of the dispersion coating market in the years to come.

Dispersion Coatings Market: Regional Outlook

Owing to the increasing demand for packaging in various end use industries is likely to increase the demand for dispersion coating over the forecast period.  Food and beverage and print and media industry are likely to boost the demand for dispersion coatings. Government regulations on non-sustainable packaging will be the key driver in augmenting the demand for dispersion coatings market.

Asia Pacific region has been witnessing a significant growth rate in consumption since it has developing countries such as China and India. The consumption is expected to rise due to demand for safety, quality, convenient and sustainable products which will continue to boost the dispersion coating market.

Dispersion Coatings Market: Key Players

The key players in the dispersion coatings market are:

  • Stora Enso Oyj
  • BASF SE
  • Solenis
  • Arkema
  • Solvay SA
  • Mondi PLC
  • Teknos Group OY
  • Actega GmbH
  • Schmid Rhymer AG
  • Michelman Inc
  • Oerlikon Group
  • Convestro AG

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

Regional Analysis Includes-

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

Dispersion Coatings Market: Segmentation

The global dispersion coating market is segmented by substrate, coating process, end-use industry and dispersion formulation.

By Substrate, the dispersion coatings market is segmented by

  • Board
  • Paper
  • Corrugated Board

By Coating process, the dispersion coatings market is segmented by

  • Application
  • Absorption
  • Drying

By end-use industry, the dispersion coatings market is segmented by

  • Food & Beverage
  • Consumer Goods
  • Healthcare
  • Homecare
  • Personal Care
  • Print & Media

Reports Highlights:

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