Market Research Blog – Page 14920 – New Product Development

Fresh meat products will account for more than 44% of meat packaging market revenue by 2022: FMI report

According to a recent report by Future Market Insights (FMI), the global meat packaging market is expected to reach 3.5 million tonnes by 2021, growing 1.6 times during the forecast period. Increasing consumption of fresh and processed meat products and developing materials and designs will support long-term growth.

The choice of transparent packaging form is attracting attention among meat packaging producers. Transparent packaging is becoming increasingly popular, especially for its ability to promote transparency in businesses, which is the key to gaining consumer trust and trust.

The transparency of the package is very important in terms of product quality. The requirement for transparent and authentic packaging is growing massively, especially in the food and beverage industry.

See-through packaging is achieved using film for superior gloss and excellent transparency. This further lowers the cost of printing and labeling compared to opaque alternatives. Consequently, the application of these packaging solutions is expected to expand meat packaging sales in the near future.

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Various advances in technology and powerful automated production lines have opened up possibilities for the meat packaging business. A recent advance in the industry is high pressure processing (HPP), which does not require heat during packaging of meat products .

It is a post-processing method using pasteurization. In this procedure, the packaged meat product is placed under an enormous level of isostatic pressure. Adopted high pressure processing technology to extend the shelf life of products. This innovative packaging system enables meat producers to help differentiate their products from competing products.

Key highlights of the Meat Packaging Market study:

Polyethylene (PE) plastics are attracting attention due to their excellent barrier properties. The segment is expected to expand to 1.7 times its present value, increasing the opportunity to approximately $2.5 billion.
Reformed atmosphere packaging technologies will account for more than 40% of the market share by the end of 2031. Demand for the technology will increase due to its aesthetic appeal and improved shelf life.
China will account for 42.3% of the East Asian market in 2021, driven by its vast non-vegetarian consumer base.
Germany and Italy show high growth potential, accounting for over 15% and 13% respectively of the European market, driven by increased export activity.
The US will account for more than 84% of the North American market due to its large consumer base and the presence of a mature meat processing industry.

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Impact of COVID-19 on Meat Packaging Market

Meat packaging is attracting attention due to benefits such as extended shelf life and cost effectiveness. COVID-19 has disrupted several end-use industries as the meat packaging market took a hit in 2019.

The pandemic has also disrupted supply chains and global sales. Most raw materials are procured through imports. Raw material supplies are sent to meat packaging producers and then to merchants in multiple countries for worldwide business and shipping.

However, widespread restrictions caused by the pandemic across manufacturing plants have slowed the meat packaging market in production and adoption.

The food and beverage industry will record impressive growth in the post-pandemic era, which will drive demand for meat packaging in the near future. Frequent investment in R&D is expected to increase sales through 2020.

Meat packaging market landscape

The global meat packaging market is highly segmented in nature. A larger share of the market share is held by domestic and local market participants. Leaders in this field are focusing on expanding their production capacity while investing in technological improvements.

Key players operating in the global meat packaging market are Amcor Plc , Berry Global Inc., Winpak Ltd., Sealed Air Corp., Mondi Group, Amerplast Ltd., Faerch Plast A/S, Bollore Group, Constantia Flexibles Group GmbH . There is. , Sonoco Products Company, Thantawan Industry Plc and Cascades Inc.

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Meat Packaging Market Report

Future Market Insights provides an unbiased analysis of the global Meat Packaging market by analyzing historical demand from 2016-2020 and forecast statistics from 2021-2031 in a new report. This study presents the growth prospects of the meat packaging market by product type ( fresh meat , processed meat, frozen meat), meat type (beef, pork, poultry, seafood, etc), and material (polyethylene, polypropylene , polyvinyl) . Chloride, ethylene vinyl alcohol, other [polyvinylidene chloride, etc.]) and packaging technology (atmospheric reforming, vacuum skin, vacuum thermoforming, other [active packaging, etc.]) are used to produce it across 7 regions.

Polyvinyl chloride accounts for more than 45% of corrosion protection tapes sold by 2021: FMI report

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.

Food Enzymes Market Overview, In-depth Analysis with Types, Opportunities, Revenue and Forecast 2022-2032

The food enzymes market is projected to register an average CAGR of 6.5% during the forecast period.

“Demand for food enzymes supplements for ensuring high metabolism rate will keep growing as foods with digestive enzymes are preferred for the gut health.”

Food processing industries like the baking industry, brewing, and fruit juice industry are currently the largest user of food enzymes. These industries hold about 40% of the USD 400 million markets.

This market has grown as a result of rising environmental concerns, urbanization, rising disposable income, and developments in R&D activities. Furthermore, technological breakthroughs such as enzyme engineering and the introduction of genetically altered enzymes have aided the food industry’s expansion.

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Attributes	Details
Food Enzymes Market Size (2021)	USD 2.2 Bn
Food Enzymes Market CAGR (2022-2032)	6.5%

What are the Factors Driving the Growth of the Food Enzymes Market?

“Small-scale manufacturers are investing in the development of super enzymes that can be scaled up to produce big volumes and technology licensors.”

The food and beverage industry is the largest market, where food enzymes services are employed globally. Enzymes are applied virtually to all the products manufactured in this industry.

Also, enzymes are substitutes for some chemical additives like potassium bromates that have been banned in so many countries. People considered super enzymes for better digestion and health.

Consumers’ love for convenience food has increased the demand for food and beverage products, such as alcohol, cakes, bread, pastries, and doughnuts, which require the application of food enzymes in their production.

What are the Restraints of the Food Enzymes Market?

“The introduction of large-scale food enzyme synthesis using genetically modified microbes has heightened scrutiny of enzyme use in Europe’s food and beverage industry.”

The food enzymes market growth is hampered by some abiotic factors, such as pH stability and temperature, which often alter the biochemical reactions that enhance the quality of food and beverages.

Enzyme supplements are getting increasingly popular as people’s health worries grow. Aside from that, vital enzymes are gaining ground on the market.

Also, consumers are forced to reduce the consumption of foods in which food enzymes are applied, due to the increasing awareness regarding the negative impact of foods containing food enzymes. The European Union has created a guideline to regulate the usage of food enzymes in the food and beverage sector.

Previously, there was no regulation of enzymes used as processing aids at the EU level. Only Denmark and France conducted evaluations of these processing aids prior to their application in the food and beverage industry. The disparity in food enzyme testing criteria across nations led to the creation of new EU legislation.

Which is the Leading Food Enzymes Market?

“Restrictions on chemical additives and increased demand for healthy digestive enzymes has led to the demand in various regions.”

Europe and North America regions are currently the market leaders. However, Asia Pacific is expected to take over the market due to the increase in demand for food enzymes in the region.

Countries such as India, China, and Australia in the Asia Pacific region are prominent drivers of the food enzymes market owing to the changing consumer lifestyle. In Australia, the demand for food enzymes is on the rise due to the restriction in the use of chemical additives in bakery products.

The market for enzymes in food and beverages is expected to develop due to its properties as important healthy food additives. Changes in consumer preferences, as well as trade liberalization, have increased demand for meat and meat products in the country.

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Key Segments

Attributes	Details
Forecast Period	2022-2032
Historical Data available for	2015-2020
Market Analysis	USD Bn for Value
By Application	Bakery Product Beverages Dairy Products Others
By Type	Carbohydrate Protein Lipase Others
By Source	Microorganisms Animals Plants
By Region	North America Latin America Europe East Asia South Asia Oceania Middle East & Africa
Key Player	Associated British Foods Plc. (ABF) Advanced Enzyme Technologies Amano Enzyme Co., Ltd BASF Chr. Hansen Holding A/S DowDuPont Kerry Group PLC Novozymes Royal DSM N.V Aum Enzymes

About FMI:

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.

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Back-on-valve laminate market growth expected to surge significantly during 2021-2031

The valve-on-valve laminates market is expected to grow at a steady rate, assisted by continuously increasing demand from the personal care and healthcare sectors. According to a study by Future Market Insights (FMI), the market size is expected to reach $217.3 million by 2021.

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The expansion of the personal care industry and the growing number of consumers using products such as deodorants, antiperspirants, hair sprays, etc. will drive demand for bag-on-valve laminates for effective packaging solutions. .

Personal care products are usually packaged in traditional aerosol packaging, but innovations have made valve-on-pack packaging the preferred solution. Bag-on-valve packaging systems consist of aluminum or tin containers, valves, laminate bags, actuator nozzles and pressurized propellants such as nitrogen gas or compressed air.

The use of an inert gas such as nitrogen or compressed air as the propellant makes the product significantly safer compared to conventional aerosol packaging that uses flammable hydrocarbons as the propellant.

Bag-on-Valve laminates have emerged as a safer alternative for the packaging of a variety of personal care products and are gaining popularity among consumers of products reluctant to combustible propellants.

Several major players are using this technology to meet the changing demands of consumers. According to FMI, the personal care industry is expected to account for nearly 33% of market revenue in 2021. In addition to this, demand in the healthcare sector is also expected to increase.

“In addition to adopting strategies to achieve our expansion goals, market players are focusing on providing greater recycling potential. “The steps taken to adopt sustainable packaging solutions will help the overall expansion of the market in the future,” said an analyst at FMI .

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Key highlights of the Bag-on-Valve Laminate market

Growing demand for alternative and sustainable packaging solutions will drive the valve-on-valve laminates market at a CAGR of 5.5% between 2021-2031
The US could account for more than 88% of North America’s revenue by 2021, driven by growing demand for advanced packaging solutions in the US personal care and healthcare industries.
Government regulations to curb the carbon footprint in various industries will spur growth in the UK at a CAGR of 1.9% over the forecast period.
France, Italy and Benelux will see high demand for valve-on-valve laminates in the European market.
The expansion of the manufacturing sector will create growth opportunities for the market in China.

The demand for safe packaging of sterile products to shape the valve-on-valve laminates market.

Manufacturers in the pharmaceutical industry that provide products such as nasal sprays and wound cleansers prefer valve-on-valve laminate packaging because it is an easy-to-sterilize and relatively hygienic form of packaging.

The nasal spray market is expected to grow significantly with the increasing number of effective drug delivery systems for asthma, respiratory ailments, common coughs and colds.

According to the World Health Organization (WHO), 7 out of 93 vaccines currently in progress are administered intranasally. The demand for these nasal spray packaging will potentially increase sales of valve-on-valve laminates due to their ability to keep active ingredients relatively safe.

Impact of COVID-19 on Valve-on-Valve Laminate Market

The ongoing COVID-19 pandemic has affected many industries, including the packaging sector. The valve-on-valve laminate market has been plagued by the pandemic, primarily due to factors such as raw material supply shortages, logistics and lockout restrictions.

Decreasing demand from industries such as personal care and home care also had a negative impact on the overall market. Nevertheless, the increasing application of valve-on-valve laminates in the medical industry for packaging of products such as nasal sprays and sterile cleansers has helped mitigate the effects of the pandemic.

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Bag-on-Valve Laminate Market Landscape

Amcor plc, Aptar Group, and Precision Valve Corporation are the top players operating in the valve-on-valve laminate market. Tunap Group, Lindal Group, Summit Packaging Systems and Gualapack SpA are also some of the prominent players in the bag-on-valve laminate market. Tier 3 players hold 65-70% of the global bag-on-valve laminate market. The major players contribute almost 30-35% of the global market.

Apparel and Apparel Segment Consistent Demand Will Drive Hang Tag Sales: FMI

Hang tags are a very popular label/tag solution that are often used or attached with items to display item information. Using hang tags is also considered a way to brand items with an attractive look. Currently, hang tags are not limited to apparel and apparel, but have extended their application to several industries such as food, lodging and travel, beauty and personal care. According to a study by Future Market Insights (FMI), this will enable sales in the hang tag market . The market is expected to reach a value of US$1.7 billion by 2021.

In terms of availability, there are many different types of hang tags made of paper, cloth and plastic. Among them, paper hang tags are quite in demand. As millennials’ buying patterns shift from in-store shopping to online shopping, apparel and apparel sales have grown significantly, which will be one of the key drivers of the hang tag market. Growing demand in apparel and apparel sector will continue to drive growth. By 2021, it is expected to account for more than 60% of market revenue.

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Key Highlights of Hang Tags Market

After a sluggish sales period, the hang tags market will register a CAGR of 5.2% between 2021 and 2031.
The United States will remain the major hangtag market, accounting for over 80% of North American sales.
Expansion of the beauty and personal care industry will help the UK grow.
Presence of growing textile industry will drive the Indian market for hang tags
Growing demand from food and beverage sector to support growth in China

“Incorporating an eye-catching print on a hang tag combined with a smooth finish makes it an excellent brand communicator with your target audience. The emergence of hang tags as an effective medium of interaction between merchandise and customers has increased their popularity among brand owners. This popularity of hang tags among brand owners has turned into a lucrative opportunity for hang tag manufacturers,” says an FMI analyst.

Print hang tags to enhance your product’s brand image

Leading players in the small food and beverage, beauty and personal care, apparel and apparel industries around the world prefer label solutions such as hang tags, loop tags and swing tags to promote their brands and attract end-user customers. Printing accurate product information on hang tags allows brand owners to differentiate their products from those of competitors already on the market.

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Hang tags can be printed with multiple printing options such as flexo printing, direct thermal and thermal transfer and other requirements. These custom printing options allow you to print any kind of print, starting with barcodes, on hang tags, tracking your products with different forms of information depending on your customer’s needs. The print quality of hang tags plays a pivotal role in the aesthetic appearance and finish of hang tags. This hang tag printing improves the overall look of the hang tag and makes it look more attractive, and also wins consumer interest in the product.

The availability of these advanced printing options provides multiple opportunities for hang tag manufacturers to design and manufacture more attractive and prominent hang tags to attract most of their customers in the market.

Impact of COVID-19 on Hang Tags Market

The global wave of the COVID-19 pandemic has had a modest impact on hang tag sales in the market. A significant portion of the demand for hang tags is derived from the Apparel & Apparel, Hospitality & Travel, and Food & Beverage sectors. Strict closures in several regions, including North America, Europe and Asia, have had a negative impact on these industries on both supply and demand side.

Hangtags market growth has been stagnant during the COVID-19 period as demand creation for hang tags in these industries has decreased. Additionally, a second wave of pandemics in some countries will cause manufacturers, including hang tag producers, to stop producing, further limiting hang tag sales for a certain period of time. Nevertheless, factors such as the recovery of the outbreak and the supply and demand of modified raw materials for production plants are estimated to drive hangtag sales in late 2021.

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Who is the winner?

CCL Industries Inc, Sato Holdings Corporation, and Nilorn Group are the top players operating in the hang tags market. Also, St. Louis Tag Company, Bornemann-Etiketten GmbH, WunderLabel Company, Dortex Werbung und Vertrieb mbH, Finotex USA Corporation and Pacific Coast Bach Label Inc are also prominent players in the hang tag market. Tier 3 players of the market hold 80-85% of the global hang tags market. In conclusion, the major players contribute almost 15-20% of the global market.

Hang Tags Market Report

Future Market Insights provides an unbiased analysis of the global Hang Tags market by analyzing historical demand from 2015-2020 and forecast statistics from 2021-2031 in a new report. This study covers material types (paper, plastics and fabrics), tag types (hang tags/swing tags and loop tags), printing technologies (direct thermal, thermal transfer, flexographic printing, offset and screen printing, laser printing) and end uses ( Apparel & Apparel, Food & Beverage, Hospitality & Travel, Beauty & Personal Care, Consumer Electronics & More) span seven regions.

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Promoting Sales of Automated PET Blow Molding Machines at CAGR of 6% and Above, Trends to Improve Production Efficiency: A Study

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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Prefabricated Pouch Packaging Market Study: Hints of New Opportunities to 2029

Future Market Insights (FMI) provides important insights into the pre-made pouch packaging market in a published report titled ‘Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029’. In terms of revenue, the global Pre-made Pouch Packaging market is projected to expand at a CAGR of over 4% during the forecast period owing to various factors associated with FMI providing exhaustive insights and forecasts in this report .

Pre-made pouches are commonly used for food packaging in addition to packaging of pharmaceuticals, cosmetics and personal care products. As most stand-up pouches are pre-made pouches, the demand for pre-made pouch packaging is expected to grow steadily over the forecast period. Food remains the major end-use industry for prefabricated pouch packaging, while packaging of fruits and vegetables, meat, poultry and seafood, bakery and confectionery, ready-to-eat, dairy and pet food all use prefabricated pouches. Lightweight and portable pouch packaging.

Dominate developed countries, East and South Asia regions to account for a third of global market value in 2019

As a result of geographic analysis of the global pouch packaging material market, it was found that Europe occupies more than a quarter of the global market, and is expected to maintain its position in the global pouch packaging material market going forward. Germany is one of the major markets for the European pre-made pouch packaging market and countries such as Russia and Spain are expected to witness relatively higher growth in their pre-made pouch packaging demand during the forecast period. This can be attributed to the growing demand for packaged food in the region. The region’s prefabricated pouch packaging manufacturers also offer pouches with innovative features such as resealable, easy to open and close. This is expected to arouse consumer interest in products packaged in pre-made pouch packaging solutions.

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Despite being a mature market, North America is expected to show conservative growth opportunities for pre-made pouch packaging over the next few years. Many organized players in the premade pouch packaging industry are based in the United States. Most of these companies are expanding their product lines of pre-made pouch packaging solutions, which is expected to become a highly competitive market in the region as a result. In addition, consumer convenience trends such as resealability, reusability and easy transport are major drivers of increasing demand for pre-made pouch packaging solutions in the region. The United States holds the most prominent share of the North American market, with it being estimated to account for over 85% of the North American pre-made pouch packaging market in 2019.

In 2019, South and East Asia are expected to cumulatively account for nearly a third of the global pre-made pouch packaging market. Among all Asian countries, Japan was one of the early adopters of Pouch due to urbanization and rapidly changing lifestyles. The country currently accounts for about one-fifth of the East Asian pre-made pouch packaging market and is projected to expand 1.6 times its present value by the end of the forecast period. China is also estimated to dominate the pre-made pouch packaging market in Asia due to population growth and consumption of packaged food, accounting for over 70% of the East Asian market.

Key Players Analysis

Key players profiled in the Prefabricated Pouch Packaging Market report include Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Mondi Plc, Glenroy, Inc., Sonoco Products Company, Ampac Holdings LLC, and Berry Global. , Inc., Paharpur 3P, Printpack, Inc., Accredo Packaging, Inc., Clifton Packaging Group Ltd., FLAIR Flexible Packaging Corporation, Gualapack SpA, Goglio SpA, Fres-co System USA, Inc., HBC Packaging, Scholle IPN Corporation , Thimonnier SASU, and Genpak Flexible. Several small regional players are expected to significantly contribute to the growth of the global pre-made pouch packaging market over the next decade.

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Why Future Market Insights?

Comprehensive analysis of evolving purchasing patterns across different geographies
Detailed insights into market segments and subsegments for historical and forecast periods
Competitive analysis of prominent and emerging players in the keyword market
More information on product innovations, acquisitions and mergers is expected over the next few years.

Breakthrough research and market player-focused solutions for the next decade based on current market scenario

About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services serving clients in more than 150 countries. FMI is headquartered in Dubai, the global financial capital, with shipping centers in the United States and India. FMI’s latest market research reports and industry analysis help companies navigate the challenges and make important decisions with confidence and clarity amid fierce competition. Customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s team of expert-led analysts constantly track new trends and events across a wide range of industries to prepare customers for the evolving needs of consumers.

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The returnable transport packaging market will grow 4.8% due to increased intercontinental trade.

The global returnable shipping packaging market will grow at a CAGR of 4.8% between 2021 and 2031. Government regulations and environmental concerns in favor of intercontinental trade include chemicals, food and beverage, building and construction, and others.

Returnable shipping packaging includes reusable IBCs, pallets, cartons, layer pads, drums and cushioning bags. This packaging solution provides safe and secure transportation of goods and helps reduce carbon footprint by allowing the same product to be reused for transportation of other goods.

It also helps in refining the supply chain as a reverse logistics system. These factors have encouraged the use of returnable transport packaging in a variety of industries such as building and construction, food and beverage, chemical, retail, logistics, and more.

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Returnable shipping packaging is available in a variety of materials, such as metal, paper, plastic, and wood, depending on the requirements of the end user. We provide a clean and organized packaging solution by reducing and eliminating the clutter caused by one-way packaging, such as garbage and dust.

It also helps build brand reputation as it indicates that the company is adopting sustainable packaging solutions. Based on these factors, the demand for returnable shipping packaging is expected to increase over the foreseeable period.

Future Market Insights anticipates that increasing trade activity coupled with growing demand for reusable and sustainable packaging solutions will create growth opportunities for the returnable shipping packaging market.

Key highlights of the returnable shipping packaging market

By product type, the IBC segment and the pallet segment are projected to be the most profitable, accounting for approximately 70% of the market share over the next five years.
Depending on the material type, its cost-effective and lightweight features help give it an edge in the plastics sector. By 2021, it will account for about 69% of the market share.
By end-use industry, it is estimated that the chemical sector remains dominant, followed by the food and beverage sector. By 2021, both industries will account for nearly 80% of the market share.
China will drive growth in East Asia and demand in North America will be driven by sales in the US.
Germany will lead sales in Europe, followed by the UK.

“Increasing trade flows across different geographies will drive demand for returnable shipping packaging to reduce costs and reduce carbon footprint. Enforcing stringent environmental protection regulations will encourage the use of returnable shipping packaging as a viable packaging solution in the transportation and logistics sector,” said an FMI analyst.

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Focus on sustainability driving demand for returnable shipping packaging

Returnable shipping packaging is gaining popularity across a variety of industries due to the growing demand for safe, secure, environmentally friendly, cost-effective and lightweight packaging solutions.

These packaging solutions are reusable and help address sustainability issues as they help reduce the waste generated by unidirectional packaging along with a reduced carbon footprint.

It helps to minimize raw material use, energy consumption and waste. In addition, returnable shipping packaging solutions are compliant with government regulations to support environmental sustainability.

Returnable shipping packaging also contributes to reducing production costs, which is a hot topic in a variety of industries. In addition, the industry can save huge amounts of money that would normally be incurred when disposing of packaging materials. Overall, the growing demand for sustainable, cost-effective and safe packaging solutions among diverse end users will drive the demand for returnable shipping packaging.

Returnable Transport Packaging Market Competitive Landscape

Brambles Limited, Greif, Inc., Mauser Packaging Solutions, DS Smith Plc. and Schuetz GmbH & Co. KGaA is the number one player operating in its target market. Time Technoplast Ltd. and Schoeller Allibert Services BV are also prominent players in the market. The Tier 1 players in the market share 10-15% of the global market for returnable shipping packaging.

Returnable Transport Packaging Market Report

Future Market Insights provides an unbiased analysis of the global market for returnable shipping packaging by analyzing historical demand from 2013-2020 and forecast statistics for 2021-2031 in a new report. This study covers product types (rigid and flexible), pallets (wood, plastic and metal), plastic boxes, layer pads, drums (plastic, metal and textile) and bags across seven regions), material types (metal, plastics, paper and wood), end-use industries (building and construction, food and beverage, chemical, retail, other industries and logistics).

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Vials and blisters will account for more than half of unit-dose packaging for pharmaceuticals sold by 2031: a study

According to a study by Future Market Insights (FMI), the pharmaceutical unit dose packaging market is expected to experience a shift in the way it operates as manufacturers focus on increasing productivity through automation system integration. According to the report, the market will exceed $26.1 billion by 2021 and record double-digit YoY growth between 2020 and 2021.

A dynamic shift from manual to automatic packaging lines, in turn, is expected to be a cost-effective proposition in the long run by increasing process efficiency and reducing reliance on manpower. The growing demand for prefilled syringes for vaccination programs is expected to be a key trend that will positively impact the pharmaceutical unit dose packaging market.

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Automated packaging lines are also capable of multitasking, handling multiple stages of the packaging process, such as forming, filling, sealing and labeling, in a single step. Designers of packaging line automation systems prioritize human-machine interface (HMI) design to streamline processes. This improved HMI can make it simpler for operators and managers to access information related to a specific packaging production line.

The above trend is expected to be supported by the increasing availability of biotech products with specific requirements for packaging such as prefilled syringes and disposable vials. Vials and prefilled syringes are the two most common forms of pharmaceutical unit dose packaging that are generally preferred in clinical research and diagnostic centers.

Vials and blisters have been identified as the most prominently used products in the pharmaceutical unit dose packaging market. Manufacturers are running strong vial production facilities in anticipation of demand for global COVID-19 vaccine supplies. Therefore, the segment is expected to expand 5.7 times its present value during the forecast period.

Key implications of the pharmaceutical unit dose packaging market

Pharmaceutical unit dose packaging sales will surge at a CAGR of 14.7% between 2021 and 2031.
The presence of several major players allowed the US to account for more than 87% of North American sales in 2021.
Increase in R&D initiatives to enable the UK to grow more than 15% year-over-year in 2021
Soaring health spending is fueling demand in Germany and France.
Growing demand for vaccination with COVID-19 boosts sales in China, Japan and South Korea

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“Some of the leaders are aiming to strengthen their production facilities to meet the growing demand for vials and prefilled syringes to help with COVID-19 immunization,” said an FMI analyst.

Pharmaceutical Unit Capacity Packaging Market Players Focused on Geographical Expansion

According to FMI analysis, some of the major manufacturing companies in the pharmaceutical industry are targeting expansion, especially in remote areas where medical needs are not being met. The demand for small packaging solutions such as blisters is quite high in this region. In addition, drug unit dose delivery strategies include using bulk repackaging systems and some manual repackaging machines to take some medications in bulk and repackage them into single or unit doses.

Cost savings are a major benefit of topically repackaging pharmaceuticals into unit doses using high-volume automated repackaging systems. Unit Dose Solutions, Inc., Safecor Health, and Almac Group are active participants in repackaging services.

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Impact of COVID-19 on the pharmaceutical unit dose packaging market

The global pharmaceutical unit dose packaging market is expected to witness impressive growth amid the rise of the second wave of the COVID-19 pandemic. This is mainly due to the strong demand for pharmaceuticals, pharmaceuticals and vaccines from diagnostic centers, hospitals and other healthcare institutions, which constitute the major consumers of unit dose packaging for pharmaceuticals.

Blisters and vials will continue to attract significant investment from investors in oral and injectable pharmaceutical unit dose packaging end uses. According to FMI analysis, global adoption of unit-dose packaging for pharmaceuticals will surge nearly 3.0-fold during 2021-2031.

QR codes and RFID tags are already being used by pharmaceutical unit-dose packaging manufacturers to ensure safe transportation of vaccines. The market is witnessing rapid growth in the use of automation and robotics. Pfizer, Inc., for example, has adopted a new technology to package doses of vaccine to be shipped from the United States. It is called “Ecoplat Plus” in ROBOPAC USA. This is a turntable with state-of-the-art technology that uses stretch film, wrapping turntables to ensure increased efficiency due to durability, strength and ease of use, including optimum safety of the product.

Pharmaceutical Unit Capacity Packaging Market Landscape

UDG Healthcare plc, West Pharmaceutical Services, Inc., Schott AG, SGD SA, Stevanato Group Spa, Klockner Pentaplast Group, Amcor plc, Gerresheimer AG, Berry Global, Inc., Comar LLC, Constantia Flexibles Group GmbH, Nipro Corporation, Catalent, Inc., Becton, Dickinson and Company, Adelphi Healthcare Packaging, Winpak Ltd., Pacific Vial Manufacturing Inc., Sonoco Products Company, WestRock Company, and AptarGroup, Inc. are the major players in the pharmaceutical unit dose packaging market. Tier 3 players of the market share 75-85% of the global pharmaceutical unit dose packaging market. In conclusion, major players contribute nearly 15-25% of global demand.

Manufacturing sector, which accounts for more than half of sales, will surge in demand for GHS labels: a study

Future Market Insights provides key insights on the GHS Labels market in published reports with global industry analysis, size, share, growth, trends and forecasts for 2020-2030. In terms of revenue, the global GHS label market is estimated to grow 1.6 times during the forecast period owing to various factors such as increasing demand from chemicals and other industries.

GHS stands for a globally harmonized system of classifying and labeling chemicals. Strict regulations are enforced worldwide, requiring labels to classify hazardous chemicals. With a focus on safer packaging, the GHS label market will expand significantly over the next few years.

Among end users, manufacturers are expected to have a higher share of GHS label demand. According to the report, manufacturers are expected to account for more than half of the demand exhibited in the market.

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Highlights from GHS Label MarketStudy

After the negative growth period, GHS label sales improved slightly, recording 0.2% year-over-year growth in value in 2021.
Expansion of the chemical sector will spur growth in the US, accounting for an 87% share of the North American market in 2021.
The UK will record negative growth in 2021, but sales are poised to improve from 2022.
Germany will record positive sales growth in 2021, but sales in France will recover after 2022.
Increasing production and exports of chemical products have made China the dominant market in East Asia, followed by Japan and South Korea.

“The focus on product counterfeit prevention in addition to enforcing stringent regulations that require the chemical sector to clearly articulate potential risks will be a tailwind for market registered growth,” said FMI’s chief analyst .

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Growing demand for GHS labels as brand owners aim to combat counterfeit products

The risk of loss of goods due to the mishandling of hazardous chemicals during transport is always present in all modes of transport, such as rail, road and sea. However, the use of a globally uniform system label allows both buyers and sellers of hazardous chemicals as well as shippers to handle hazardous chemicals safely and easily.

The expansion of the chemical industry has stimulated growth in a number of different markets, including GHS labeling. As the demand for labeling grows, manufacturers are providing brand owners with advanced labeling solutions that provide traceability and traceability of their chemical products. However, a major challenge facing logistics companies is counterfeit chemicals that can reduce the use of GHS labels.

The growth of the chemical sector, especially in the global market, has led to the emergence of modern facilities selling a wide range of product categories in bulk. GHS labels help ensure correct product delivery to consumers by reducing the chance of packaging tampering. Various GHS label manufacturers offer labels that can be applied to a variety of substrates, such as glass, paper, plastic, etc., using the latest technologies such as RFID, which is used as an integrated classification of packaging in the chemical sector.

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Space constraints on GHS labels impeding growth

The globally harmonized system label is an indicator of the potential harm that can arise from the mishandling of a particular chemical or commodity. However, the size of the GHS label varies by product. Some items are packed in smaller packaging to save on packaging costs, but risk information may be greater than space available. In this case, the information is presented in a smaller or barely noticeable size, which does not meet the necessary safety requirements for hazardous chemicals and may result in loss of life or property.

GHS labels with incomplete information are more harmful and potentially more dangerous while using or handling hazardous chemicals. The most important and most harmful risks are listed on the label, but the less probable risks are not.

Example:- Chemical drums or bottles packaged by manufacturers are small and cannot be pictured or showcased for any potential damage that could result from improper handling of the product.
Due to limited space, only most hazardous hazards can be listed, but partial listing of hazards may result in loss of life or property while using or handling chemicals with partial information.

competitive landscape

Avery Dennison Corporation, UPM Raflatac, PPG Industries, Inc., Brady Worldwide, Inc., 3M Company, CCL Industries Corp., Reliance Label Solution, Inc., HERMA GmbH, Weber Packaging Solutions, Inc., SATO AMERICA, LLC, Brandywine Drumlabels, LLC, TCI America, Inc., Loftware, Inc., Nippon Shokubai America Industries, Inc. and Teklynx Newco SAS are the major players operating in the market.

Valuable Insights on the GHS Labels Market Report

Future Market Insights provides an unbiased analysis of the global GHS label market by analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030 in a new report. The study included product type (pre-printed and personalized), size (polypropylene (PP), polyethylene (PE), polyester (PET), polyimide, vinyl and white thermal transfer/direct thermal paper), packaging type (primary container). and secondary containers), printing technology (thermal transfer, tinted inkjet and color laser) and end-use (manufacturers and logistics and transport companies) across seven regions.