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Future Market Insights (FMI) has projected the baking molds & trays market to record 6.3% CAGR between 2021 and 2031. Due to increase in demand for sustainable packaging solutions globally, the wooden-based baking molds & trays are expected to outgrow the sales of plastic (CPET-based) baking molds & trays packaging solutions.

A majority of food packaging companies in the region are already exhibiting high demand for biodegradable packaging solutions for their food products in order to meet their sustainability targets. However, in the U.K., most of the prominent companies have shifted their focus from CPET material to wooden paperboard material due to significant increase in its demand in the last few years.

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Companies such as Panibois was launched in such thinking to introduce complete wooden based baking molds & trays solutions in the market. With its extensive line of products, Panibois is one of the forth leading manufacturers in wooden based baking molds & trays solutions, and simultaneously meeting the sustainability criteria for Sustainable Development Goals 2030.

FMI forecasts that the sales of baking molds & trays will increase considerably in the coming years. Factors such as consumer inclination towards green solutions, easy disposable baking trays and molds, user experience and convenience factor coupled with advance recycling processes will exponentially increase the baking molds & trays sales globally.

Key Takeaways from Baking Molds & Trays Market

• By cavity type, multiple cavity segment is ahead and leading the global baking molds & trays market. With its cost effectiveness, target segment is estimated to hold lion’s share of 80% during the forecast period.
• On basis of material, silicone is mostly preferred in the market due to its durability, safety and hygienic properties. The same segment is anticipated to increase 2.02 times of current value, during next 10 years.
• As per FMI experts, although industrial segment is expected to hold major chunk of the global market, commercial end use segment is expected to witness a gain of 150 bps of current value share by 2031, due to increasing health conscious youth preferring baked food over others.
• East Asia and South Asia combined are anticipated to generate large financials for baking molds & trays market due to lower tax slabs and cheap labor and easy foreign investment laws. Collectively these two regions are estimated to create cumulative incremental opportunity of US$ 370 Mn by the end of 2031. On the other hand, mature markets of North America and Europe are expected to hold prominent market share of almost 37% by the year 2031.

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 “The global consumption of bakery & confectionary products is rising exponentially, especially usage of ready to eat food products has opened attractive opportunities for baking molds & trays manufacturers to maximize their sales. Growing emphasis on safe and sustainable packaging is anticipated to redefine the baking molds & trays market growth,” says FMI analyst.

High Perforation of Baking Molds & Trays in Food & Food Services Industry to Augment the Sales

Demand for global baking molds & trays market is on a rise because of the steady increase in the disposable incomes of middle-class families. They are manufactured of high quality such as silicone, plastic, metal and possess properties such as durability, uniformity, and are sustainable. These lightweight and recyclable molds & trays are predominantly used in food and food service sector baking and confectionary purposes. These are available in a variety of shapes in the market such as circular, oval, rectangular, etc.

Urbanization has increased the standard of living of middle class households, with increase in working class parents, families are more dependent on purchasing bakery and confectionary items from commercial outlets. This has been a major cause for exponential rise in the baking molds and trays market over the span of last few years.

Impact of COVID-19 on Baking Molds & Trays Market

Global crisis of COVID-19 pandemic had a low to moderate impact on the sales of baking molds & trays in the global market. Initially lack of availability of raw materials stopped the manufacturing process in factories across globe. Lockdown in prominent regions induced considerable impact on the manufacturing of baking molds & trays. Moreover, disruption of supply chains caused due to strict guidelines & overall lockdown lead to a complete shutdown of manufacturing plants for months. In general, the sales for baking molds & trays nearly halted during the lockdown causing a downgrade for the sales of target market. But during the last few months of the year 2020, supply chains were restored and trade routes re-opened due to which target market gained traction.

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Baking Molds & Trays Market Landscape

Nordic Ware, Guardini S.p.A., SILIKOMART S.r.l. are the top players operating in the baking molds & trays market. Furthermore, Hans Brunner GmbH, Pavoni Italia S.p.A., Dongguan AASIN Technology Co. Ltd., Bold Maker are also the noticeable players in the baking molds & trays market. The Tier 3 players in the market hold 80-87% in the global baking molds & trays market. In conclusion, key players contribute almost 13-20% of the global market.

Baking Molds & Trays Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global baking molds & trays market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the baking molds & trays market on the cavity type (single and multiple), material (plastic, silicone, metal, wooden, and others), and end use (commercial, household, and industrial) across seven regions.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

According to Future Market Insights (FMI), the global pad printing machine market exhibit a CAGR of 5.4%, driven by high demand for automated printing machines and integration of latest technologies in pad printing mechanism.

The pad printing process is basically an indirect process for photogravure printing where the image from 2D format is transferred on a 3D object. Silicone pads for their property of being ink repellant are used as a transfer medium for the ink onto the object.

Disruptive intelligent automation and industrialization are key drivers of the pad printing machine market. Any slowdown in the global economic growth has a far-reaching impact on pad printing machines sales because it not only impacts pricing and demand but also affects the availability of machines and import-export factors in the market.

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Thanks to economic recovery post COVID-19 outbreak, sales in the market is picking up, albeit gradually. FMI predicts impressive prospects for growth as sales recover in the automotive sector, which is a key end user of pad printing machines.

As a result of the increasing per capita income of consumers across the globe, the automotive industry is growing rapidly. The economic, as well as luxury car segments within the automotive market have witnessed steady growth in the past decade. Furthermore, the popularity of electric vehicles and hybrid electric vehicles is picking up globally.

The pad printing technology is widely used in the printing of various components and parts of vehicles including knobs, centre console components, indicator parts, dashboard components, door handles, wheel rims, and automotive electronics plastics among others.

The players in the automotive industry often use pad printing machines to improve the décor and attractiveness of small components. This is generally done to enhance the aesthetic appearance of the vehicle and introduce unique identifying features, with an aim to stand out in the competition. The consistent growth of the automotive industry and growing applications of pad printing solutions are anticipated to drive the market for pad printing machines during the foreseeable future.

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Key Takeaway from Pad Printing Machine Market

• Demand for multi-color pad printing machines is expected to increase at a CAGR of 5.7% during 2021-2031.
• Due to advancement in technology and advantages associated with rotary printers, the segments is expected to create incremental opportunity of US$ 314 Mn during the forecast period.
• The usage of medium output pad printing machines will increase and is expected to account for 42.5% of sales in the global pad printing machine market by 2031.
• Pharmaceutical and medical device sector is expected to account for maximum sales in 2021.

“Pad printing machine market is driven by novel applications in industries like glassware and CBD packaging. Pad printing is expected to replace digital printing in the coming years,”- said a FMI Analyst.

Adoption of Camera Integrated Systems in Pad Printing Machines to Bolster the Market Growth

Some of the pad printing machine manufacturers are introducing cameras at several steps of the printing process. The cameras enable users to detect any errors and check the calibrations of the machine set up. The cameras are used depending on the applications and requirements often to check the position of the object in the jig and/or the printed image after contact with the pad.

In the automatic machines, the corrections can be configured immediately if any misprint is noticed for example because of the incorrect printing position. This helps in avoiding additional costs incurred if the bulk quantity is misprinted and needs to be replaced or reprinted.

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Pad Printing Machines Market Landscape

Inkcups Now Corp., Printex USA, Illinois Tool Works Inc., Engineered Printing Solutions, Printa Systems, LLC, DECO Technology Group, Inc., AutoTran Inc., Winon USA, Tampoprint AG, Miedl & Schnall GmbH, Tamponcolor TC Druckmaschinen GmbH, Mascoprint Developments Limited, Comec Italia Srl, Teca-Print USA, ESC Europa-Siebdruckmaschinen-Centrum GmbH & Co. KG are some of the market players in pad printing machine market. Key market players in tier one hold 25% to 35% of the global market share.

The global MOPP packaging films market revenue totaled US$ 204.7 Mn in 2020, according to ESOMAR-certified consulting firm Future Market Insights (FMI). With a favorable demand outlook, the global MOPP packaging films market is expected to reach US$ 367.7 Mn by 2031, growing at a CAGR of 5.2% over the forecast period.

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Sales of MOPP packaging films were dampened due to the outbreak of COVID-19 pandemic. However, with expedited vaccine drives and improvements in supply chains, FMI projects steady recovery of the market in 2021, growing at a 4.7% CAGR by volume.

Increasing applications of MOPP packaging films in manufacturing of tapes, wraps and labels is driven by their superior benefits such as high tensile strength and tear resistance.

Not only MOPP packaging films have beneficial mechanical properties, but they are visually appealing and contribute to a product’s aesthetic appeal, becoming an ideal choice of primary and secondary packaging solutions.

MOPP Packaging Films Market by Category

By Thickness:

• Below 30 microns
• 30 to 60 microns
• Above 60 microns

By Application:

• Labels
• Tapes
• Wraps
• Laminates

By End Use:

• Food
• Beverages
• Cosmetics & Personal Care
• Electrical & Electronics
• Pharmaceutical
• Other Industrial

By Region:

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

Growing preference regarding eco-friendly packaging alternatives is encouraging advancements in MOPP packaging films market. These films are made from a single material and have high recycled value. As a result, increasing adoption of sustainable solutions in the packaging industry to comply with environment protection initiatives will continue driving sales of MOPP packaging films during the forecast period.

As per FMI’s in-depth regional analysis, the U.S. is projected to dominate the North America MOPP packaging films market. Growth can be attributed to the presence of several key market players in the country and high demand from the pharmaceutical and foodservice industries.

“Market players are currently focusing on product innovations to offer greater sustainability. Besides this, emphasis on research initiatives is expected to increase as companies aim at offering customized packaging solutions for specific industries,” says the FMI analyst.

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Key Takeaways:
By thickness, above 60-micron MOPP packaging films segment is projected to grow at a 5.6% CAGR through 2031.

Based on application, the labels segment is expected to hold 38.6% of the total MOPP packaging films market share in 2031.

Sales of MOPP packaging films in the food industry are projected to expand at a CAGR of 5.6% during the forecast period.

The U.S. is anticipated to emerge as a lucrative market, accounting for 86.2% of sales in North America by 2031.

Germany is projected to hold 15.8% of the Europe MOPP packaging films market by the end of 2031.
India will continue exhibiting high demand for MOPP packaging films over the forecast period, holding 48.7% of the South Asian market share.
North America and Europe currently hold over 53.6% of the total MOPP packaging films market owing to presence of well-established packaging films industry.

Growing Preference for Post-Consumer Recycled and Easily Recyclable Plastic Packaging Products to Drive MOPP Packaging Films Sales

Traditionally, it was not possible to manufacture high-quality packaging films from completely recycled products, but with advancements in technology standard, quality packaging films can be made completely using recycled raw material.
This is gaining popularity among a lot of manufacturers, as it helps in significantly reducing the carbon footprint of manufacturers, besides helping them to woo consumers showing inclination for sustainable packaging solutions.

Post-consumer recycled plastic is gaining a lot of traction as it is not only environmentally friendly but also comparatively affordable. The use of recycled plastic decreases the demand for the manufacturing of new plastic resins, which reduces the consumption of energy and fossil fuels compared to the requirement for the manufacturing of virgin plastic.

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Anti-corrosion tape is a surface protection tape impregnated with an anti-corrosion material that surrounds metal parts that are widely used in various industries. According to a new Future Market Insights (FMI) report, the  anti-corrosion tape market  is projected to grow at a CAGR of 4.5%.

Anti-corrosion tapes protect metal surfaces from corrosion and UV rays. It offers a variety of features including water resistance, easy application, and high shear resistance to weld joints and bends.

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In addition, anti-corrosion tapes are cost-effective compared to other adhesive alternatives, resulting in greater user adoption in the industrial sector. In recent years, anti-corrosion tapes are gaining popularity due to their high adhesion and good rust resistance.

Sales and consumption of anti-corrosion tapes are expected to increase over the next decade due to expansion of industries such as chemical, automotive and building and construction.

The advantages provided by anti-corrosion tapes include good electrical insulation, flame retardancy and heat resistance, which are expected to experience significant demand in the global market.

Key insights into the anti-corrosion tape market

• PVC is a high-strength thermoplastic material widely used to make anti-corrosion tapes. It is expected to lead the market, accounting for more than 50% by the end of 2031.
• The building and construction sector is expected to provide incremental opportunities of $216 million over the next decade, with fittings and sealing applications supporting growth.
• Germany and the UK have emerged as major markets in Europe, driven by the availability of production facilities, accounting for 14.4% and 13.5% of the market in 2021.
• The US accounts for 84% of the North American market due to the industry’s strong supply chain.
• China leads the way, accounting for more than 63% of East Asia’s rapidly growing construction sector.

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“Market leaders and small manufacturers in the corrosion protection tape market are focusing on expanding their production capacity and presence in emerging economies. Recorded industrialization in emerging countries will create attractive opportunities for sales of anti-corrosion tapes.” said an FMI analyst.

Impact of COVID-19 on Anti-Corrosion Tape Market

In the midst of the COVID-19 pandemic (a global pandemic), the anti-corrosion tape market suffered a moderate stagnation as demand from industrial sectors such as architecture, construction, automobile, and chemical accounted for most.

Strict closures in several regions, including North America, East Asia and South Asia and Europe, have had a negative impact on these industries in terms of supply and demand. Declining demand for anti-corrosion tapes has been witnessed during the COVID-19 period.

Recovery from the current pandemic is expected to maximize sales of anti-corrosion tapes over the next few years.

Who is the winner?

3M Company, Nitto Denko Corp. and Berry Global Inc. are the top players operating in the Corrosion Protection Tapes market. Also Shurtape Technologies, LLC, Coroplast Fritz Müller GmbH & Co. KG, WW Grainger, Inc., Scpa Group plc are the major players in the market.

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As a Tier 3 player, DEHN + SÖHNE GmbH + Co. KG., PSI Products GmbH and VANOS SA hold 70-75% of the global anti-corrosion tape market share. In conclusion, the major players contribute almost 25-30% of the global market.

Corrosion Protection Tape Market Report

Future Market Insights provides an unbiased analysis of the global Anticorrosion Tapes market by analyzing historical demand from 2015-2020 and forecast statistics from 2021-2031 in a new report. This study covers materials (polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), rubber) and end uses (building and construction, chemical, electrical and electronic, automotive, aerospace and defense, marine, etc.) 7 dog area.

About Future Market Insights Packaging

FMI’s Packaging Division provides  in-depth historical analysis and detailed forecasts of the global packaging market. From packaging materials to designs and formats, FMI has an exhaustive market research database, providing unique offers and strategic recommendations to its clients. With a repository of more than 750 reports, the team comprehensively analyzed the packaging industry in more than 70 countries. The team evaluates every node in the value chain and provides end-to-end research and consulting services. Contact us to find out how we can help.

The PET Blow Molding Machine Market  is expanding at an alarming rate owing to the growing demand for PET bottles as the preferred packaging solution in various industries. According to a report by Future Market Insights, the demand for food and beverage products and pharmaceutical packaging is expected to increase. Apart from this, the personal care industry has also emerged as a major end user.

PET bottle forming machines, such as PET blow molding machines, are in great demand to produce bottles of various sizes. Blow molding machines of various technologies, including extrusion blow molding, injection blow molding and stretch blow molding, are increasingly used by PET bottle manufacturers. Although there is little difference in the market share held by the automatic and semi-automatic segments, the former will have a higher valuation growth rate between 2021 and 2031 at a CAGR of 6.2%.

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Key Implications of PET Blow Molding Machine Market

• Growing at 4.8% CAGR, PET blow molding machines will find more and more applications across food, beverage, pharmaceutical, personal care and other industries.
• Nearly 64% of North America’s total sales will be concentrated in the United States, with some major market players based in the United States.
• In the UK, marginal recovery in sales is expected after COVID-19, but not before 2022, the report said.
• Germany and Italy will continue to drive PET bottle sales in Europe, leading the PET blow molding machine market.
• The expansion of the retail sector should bode well for the Chinese and Japanese markets.

 “Companies operating in the market are introducing innovative technologies to provide automation and greater production efficiencies. As the industry seeks to make optimal use of available resources, it seeks to capitalize on the demand for more sustainable packaging solutions,” said an FMI analyst.

Demand in personal care to drive growth

PET blow packaging materials for home care applications include cleaning sprays and air freshener sprays. Growing interest in health has led to the use of a variety of products to keep homes and workplaces clean. These concerns increase sales of home care sprays in aerosol packaging. This home care spray is made of PET material.

PET blow molding machines are indirectly in demand. In addition, these sprays are easy to use and clean surfaces without worrying about product temperature or longevity. PET blow molding machines used in home care products are cost-effective and easy to handle, store and transport. Based on these factors, the PET blow molding machine market is expected to expand during the forecast period.

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Who is the winner?

Nissei Asb Company, Sacmi Imola, Inc. and KHS GmbH are the top players operating in the PET blow molding machine market. In addition, Sidel, MITRA, and Tech-Long Inc. are also prominent players in the PET Blow Molder market. The Tier 3 players in the market hold 60-65% of the global PET Blow Molder market. In conclusion, the major players contribute almost 35-40% of the global market.

PET Blow Molding Machine Market Report

Future Market Insights provides an unbiased analysis of the global PET Blow Molding Machine market by analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031 in a new report. The study spans seven regions: technology type (extrusion, injection and stretch), machine type (manual, semi-automatic and automatic) and end-use (food and beverage, pharmaceutical, personal care and other industries).

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About Future Market Insights Packaging

FMI’s Packaging Division provides  in-depth historical analysis and detailed forecasts of the global packaging market. From packaging materials to designs and formats, FMI has an exhaustive market research database, providing unique offers and strategic recommendations to its clients. With a repository of more than 750 reports, the team comprehensively analyzed the packaging industry in more than 70 countries. The team evaluates every node in the value chain and provides end-to-end research and consulting services. Contact us to find out how we can help

Future Market Insights (FMI) delivers key insights into the machine glazed kraft paper market in its report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020–2030. According to the report, the market is expected to grow by 1.6x during the forecast period. By 2021, its overall valuation is projected to surpass US$ 9.13 Bn.

The rising demand from the food and beverages sector in response to increasing focus on sustainable packaging will continue aiding growth. While drop in sales is likely following COVID-19 outbreak, recovery is expected 2022 onwards. FMI also forecasts the food & beverages sector to account for over 27% of sales in the market through the forecast period.

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Key Takeaways of Global Machine Glazed Kraft Paper Market Study

• After registering negative y-o-y growth in 2021, sales in machine glazed kraft paper market is expected to recover 2022 onwards
• Rising focus on sustainable will enable the U.S. account for over 80% sales in North America in 2021
• The U.K. market is expected to register a little above 1% y-o-y growth in 2021, following a period of declining sales amid pandemic
• Demand from Germany and France is expected to increase following a period of negative sales in 2020-21
• China is expected to dominate East Asia market, yet Japan is likely to register growth at a higher rate

“The ability of machine glazed kraft paper to provide exclusive mechanical strength, flexibility, and printability makes it an ideal choice for packaging of industrial and non-industrial goods. Shifting inclination towards strong yet sustainable packaging solutions will create sales opportunities,” said a lead analyst at FMI.

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High Preference for Environment-friendly Packaging to Bolster Market Growth

Rising preference of sustainable packaging has led to an increase in demand for packaging solutions that can also be recycled. Machine glazed kraft paper manufacturers are inclining towards sustainable packaging and are promoting environment-friendly packaging. Manufacturers are using paper materials as a sustainable packaging alternative to conventional plastic and metallized packaging solutions used in food, healthcare, personal care & cosmetics, building & construction, and household applications.

Bags & pouches, wraps, labels & release liners, sacks, envelopes, coating & lamination, cups & bowls, trays, and others (gift wrap and others.) are produced from viable packaging materials such as machine glazed kraft paper. They are shaping way for the efficient environment-friendly packaging solutions across the world.

Initiatives by manufacturers operating in the global machine glazed kraft paper market will further encourage consumers to adopt sustainable packaging products. Increasing inclination for such environment-friendly machine glazed kraft paper solution and stringent government regulations regarding green packaging formats across various countries are ultimately fueling the machine glazed kraft paper market growth.

Moreover, the shift in the adoption of flexible packaging instead of rigid packaging across the globe is responsible for driving the machine glazed kraft paper market growth. There is an increasing penetration of machine glazed kraft paper for packaging of food & beverages, personal care & cosmetics products, textile and other industrial products in the East Asian region.

Who is Winning?

The manufacturers of machine glazed kraft paper are continuously focusing on innovation. Rising investment in research and development, resulted in the advent of packaging formats that feature odor neutrality and high taint and come with an option of wet-strength for high barrier protection against the effects of oxygen and moisture. Furthermore, machine glazed kraft papers offer a compostable and sustainable functional choice with excellent aesthetic and surface properties, which is enabling growth in the market.

Mondi Plc, Smurfit Kappa Group Plc, Nippon Paper Industries Co, Ltd., Stora Enso Oyj., BillerudKorsnäs AB, Gascogne Papier SAS, Sappi Limited, Asia Pulp & Paper (APP) Sinar Mas, Heinzel Group, and Papelera de Brandia, S.A. are prominent players in the Machine Glazed Kraft Paper market.

Global Machine Glazed Kraft Paper Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global machine glazed kraft paper market, analysing historical demand from 2015-2019 and forecast statistics for 2020–2030. The study reveals growth projections on the machine glazed kraft paper market on the basis of basis weight (18 to 30 GSM and above 30 GSM), by grade (unbleached and bleached), by application (bags & pouches, sacks, wraps, labels & release liners, envelopes, coating & lamination, trays, cups & bowls and others (gift wrap etc.)) and by end use (food & beverages, healthcare, electrical & electronics, automotive, personal care & cosmetics, textile, building & construction and household) across seven regions.

A facial pump acts as a dispenser that is attached with the containers consisting of liquids like creams and lotions to help in the process of dispensing. It is intended primarily for precise application, which is a key factor fuelling its demand worldwide. According to a new study by Future Market Insights (FMI), facial pumps market is set to reach US$ 5.2 Bn by 2021.

Facial pumps are designed to ascertain uniform application of a cosmetic or skincare product. Companies operating in the market are shifting towards usage of airless pump dispensers, which will help to increase the shelf life of beauty or skincare products. According to FMI, the facial skincare segment is expected to account for over 65% of the sales in the market in 2021.

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Key Takeaways of Facial Pumps Market Study

• Facial pumps market is expected to register a little below 3% Y-o-Y growth in 2021 after registering a period of negative returns in 2020
• Within North America, the U.S. is expected to register maximum sales, accounting for over 88% of facial pumps in the region
• The U.K. market is expected to showcase impressive recovery, exhibiting 5.9% Y-o-Y growth in 2021
• The demand from Germany and France is expected to rise at a positive rate in the coming years
• China has emerged as the leading market in Asia Pacific, followed by Japan

 “Although atmospheric facial pumps segment is expected to hold the leading market share, consumers are gradually exhibiting higher demand for airless facial pumps. The increasing demand for cosmetics and skincare product packaging that eliminates the risk of contamination while improving shelf life has been enabling growth in the market. Besides this, the market is expected to gain from expansion of e-Commerce channels in the coming years,” said a lead analyst at FMI.

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Ecommerce Expansion Creating Growth Opportunities

Beauty kits and facial products are at the top of the online penetration list. It is anticipated that the expansion of the e-Commerce sector will create lucrative prospects for cosmetics & personal care sales. This will in turn increase the demand for facial pumps.

Consumers around the world are preferring the concept of online shopping. Ecommerce offers them the option to conduct research on product, comparing it with other similar products available in the market in terms of price and features. In fact online shopping gives option to read consumer reviews. It creates a personalized shopping experience within the virtual world.

With an increasing number of consumers venturing online to fulfil their skincare and cosmetics needs, facial pump producers are expected to enjoy increasing sales in the coming years.

Supply Chain Disruptions Amid COVID-19 Affected Facial Pumps Sales

As the whole world continuous to contemplate unpleasant situation flung by the novel Corona Virus, industrial sectors have come face to face with challenges. The sudden outbreak of COVID-19 virus has resulted in declining growth across industries and has had considerable impact in shaping consumer behavior. Coupled with this, disruption in supply chain has negative affected facial pumps market.Nonetheless, recovery of beauty and cosmetics industry is expected to push the market towards rebound.

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Who is Winning?

APackaging Group, Aptar Group, Inc., Albea S.A, Lumson S.p.A, Raepak Ltd., Silgan Dispensing Systems- A Subsidiary of Silgan Holdings Inc., Topfeel Pack Co., Ltd, Rieke Corporation, SeaCliff Beauty Packaging & Laboratories, Frapak Packaging B.V., TYH Container Enterprise Co., Ltd and Zhejiang Sun-Rain Industrial Co., Ltd are prominent players in the facial pumps market. The facial pumps market is fragmented and the Tier 1 players in the market hold 10-15% share in the North America, Europe and Asia facial pumps market.

Facial Pumps Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the North America, Europe, Latin America, Asia, Middle East & Africa, and Oceania facial pumps market, analysing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the facial pumps market on the basis of packaging format (airless facial pumps and atmospheric facial pumps) and application (facial skincare and facial makeup) across three regions.

A facial pump acts as a dispenser that is attached with the containers consisting of liquids like creams and lotions to help in the process of dispensing. It is intended primarily for precise application, which is a key factor fuelling its demand worldwide. According to a new study by Future Market Insights (FMI), facial pumps market is set to reach US$ 5.2 Bn by 2021.

Facial pumps are designed to ascertain uniform application of a cosmetic or skincare product. Companies operating in the market are shifting towards usage of airless pump dispensers, which will help to increase the shelf life of beauty or skincare products. According to FMI, the facial skincare segment is expected to account for over 65% of the sales in the market in 2021.

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Key Takeaways of Facial Pumps Market Study

• Facial pumps market is expected to register a little below 3% Y-o-Y growth in 2021 after registering a period of negative returns in 2020
• Within North America, the U.S. is expected to register maximum sales, accounting for over 88% of facial pumps in the region
• The U.K. market is expected to showcase impressive recovery, exhibiting 5.9% Y-o-Y growth in 2021
• The demand from Germany and France is expected to rise at a positive rate in the coming years
• China has emerged as the leading market in Asia Pacific, followed by Japan

 “Although atmospheric facial pumps segment is expected to hold the leading market share, consumers are gradually exhibiting higher demand for airless facial pumps. The increasing demand for cosmetics and skincare product packaging that eliminates the risk of contamination while improving shelf life has been enabling growth in the market. Besides this, the market is expected to gain from expansion of e-Commerce channels in the coming years,” said a lead analyst at FMI.

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Ecommerce Expansion Creating Growth Opportunities

Beauty kits and facial products are at the top of the online penetration list. It is anticipated that the expansion of the e-Commerce sector will create lucrative prospects for cosmetics & personal care sales. This will in turn increase the demand for facial pumps.

Consumers around the world are preferring the concept of online shopping. Ecommerce offers them the option to conduct research on product, comparing it with other similar products available in the market in terms of price and features. In fact online shopping gives option to read consumer reviews. It creates a personalized shopping experience within the virtual world.

With an increasing number of consumers venturing online to fulfil their skincare and cosmetics needs, facial pump producers are expected to enjoy increasing sales in the coming years.

Supply Chain Disruptions Amid COVID-19 Affected Facial Pumps Sales

As the whole world continuous to contemplate unpleasant situation flung by the novel Corona Virus, industrial sectors have come face to face with challenges. The sudden outbreak of COVID-19 virus has resulted in declining growth across industries and has had considerable impact in shaping consumer behavior. Coupled with this, disruption in supply chain has negative affected facial pumps market.Nonetheless, recovery of beauty and cosmetics industry is expected to push the market towards rebound.

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Who is Winning?

APackaging Group, Aptar Group, Inc., Albea S.A, Lumson S.p.A, Raepak Ltd., Silgan Dispensing Systems- A Subsidiary of Silgan Holdings Inc., Topfeel Pack Co., Ltd, Rieke Corporation, SeaCliff Beauty Packaging & Laboratories, Frapak Packaging B.V., TYH Container Enterprise Co., Ltd and Zhejiang Sun-Rain Industrial Co., Ltd are prominent players in the facial pumps market. The facial pumps market is fragmented and the Tier 1 players in the market hold 10-15% share in the North America, Europe and Asia facial pumps market.

Facial Pumps Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the North America, Europe, Latin America, Asia, Middle East & Africa, and Oceania facial pumps market, analysing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the facial pumps market on the basis of packaging format (airless facial pumps and atmospheric facial pumps) and application (facial skincare and facial makeup) across three regions.

There has been an increasing demand for metal containers due to the awareness regarding the importance of sanitary packaging in the food and beverages industry. Initially used only to pack canned foods, more outlets have begun using metal containers for packaging fresh foods due to their high barrier protection and ecofriendly conditions.

According to Future Market Insights (FMI), during the forecast period of 2020-2030, the market for metal containers is expected to grow at a CAGR of 6%. With increasing cautiousness in regards to sanitation, customers prefer metal packaging as they are airtight and eliminate the risk of tampering.

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Food and beverages packed using metal containers last longer and the containers are recyclable, which makes it a profitable option in the long run. Using metal containers gets rid of the need for an additional packaging because the containers are strong and durable.

KEY TAKEAWAYS The metal containers market is expected to grow at 6% CAGR from 2020-2030 The market is projected to reach a valuation of $10 billion by the end of 2020 Among product types, the intermediate bulk containers segment is projected to account for over half of the market share by the end of the forecast period

Though a decrease in market is projected in 2020-2021 due to the pandemic, rapid growth is predicted 2022 onwards.

Regarding the metal containers market, an FMI analyst said, “Many industries are taking on the Green initiative, which benefits both the environment and the society. Metal containers are beneficial for the environment because of their reusable design. For instance, when a metal container is no longer useful, it can be easily recycled and turned into another metal container. They are a great investment to have for any heavy duty storage needs and can generally be sold fast.”

COVID-19 IMPACT ANALYSIS

The ongoing pandemic has negatively affected a lot of different sectors including the metal containers market. The decline in business of end-use industries has affected the demand and production of metal containers. The market is expected to see a downward drop during the 2020-2021 period but is projected to get back on track from 2022 onwards.

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The need for well packaged items in the food and pharmaceutical industries has increased demand for metal containers. With people’s lifestyle changing to a more health and safety cautious one, the need for minimum error packages is high and will benefit the metal containers market.

Who Is Winning?

Some of the leading players in the metal containers industry are Ball Corporation, CCL Industries Inc., CPMC Holdings Ltd., Crown Holdings Inc., Mauser Packaging Solutions, Montebello Packaging Inc., HUBER Packaging Group GmbH and Great Western Containers Inc.

South and East Asia are expected to amass larger shares in the market. Increasing popularity of aluminum and tin packaging will be beneficial to the market economy. The market in Middle East and Africa is expected to grow due to the increasing use of metal containers in the chemical industry.

Valuable Insights into Metal Containers Market

A recent study by Future Market Insights gives a detailed analysis of the metal containers market as well as assessment for the forecast period of 2020-2030. The global market is segmented in order to analyze in detail each and every aspect of the market.

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The market is divided by product type as cans, drums, aerosol cans, pails, intermediate bulk containers and others. Based on the material type the market is divided into steel, aluminum and tin; and based on the end use it is divided into the food and beverage industry, chemicals, automotive, pharmaceutical and health, cosmetics and personal care, building and construction and other end use industries. Lastly the market is divided by the geographical region into North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania.