Market Research Blog

Global Vegetable Parchment Paper Market: Overview 

The vegetable parchment paper is cellulose-based paper, which is coated to make it non-stick. The vegetable parchment paper is a secured packaging or wrapping option for food wrapping without imposing any residual. The vegetable parchment paper is used due to its excellent waterproof, odorless, and fat resistant properties.

The ability to withstand in high temperature up to 200 ? makes vegetable parchment paper the most favorable wrapping option for cooking or baking the food. The largest brands in the food industry generally use the vegetable parchment paper for wrapping bakery and dairy products. Along with the processed food packaging, the vegetable parchment paper has household applications to bake or roast the vegetables.

Across the world, the processed food industry is bourgeoning at high growth. To maintain the quality of food is the key concern for the food companies. Hygiene and extended shelf life are the key factors to consider food packaging solutions. The vegetable parchment paper is increasing in demand due to its safe and natural packaging solutions.

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Global Vegetable Parchment Paper Market: Dynamics

The food industry is growing across the world. Along with food products, the packaging of food is also creating a high effect on consumer preferences. The vegetable parchment paper is cost-efficient and sustainable packaging products, which are the primary need of food companies from the packaging solutions.

The aluminum foil market for food is expected to witness a loss in market share due to the increased adoption of vegetable parchment paper. The vegetable parchment paper market is going through the high regulatory compliance and authority approvals, which makes quite difficult to paper manufacturers to enter the market. The popularity of vegetable parchment paper is increasing from the last five years.

The global export of vegetable parchment paper was expended by 13% in value during 2017-2018. According to the International Trade Centre, Finland is the leading exporter of vegetable parchment paper, which had exported around 0.3 Mn tons of shipments in 2018. France, Italy, Germany, and China are the other top exporters for the vegetable parchment paper. In terms of import, Germany and the United States were imported around 0.3 Mn tons of vegetable parchment paper and accounted for 23.6% of the import market in 2018.

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Global Vegetable Parchment Paper Market: Geographic Outlook

The United States is expected to the leading country-level consumer of the vegetable parchment paper due to its high spending on food items and strong distribution channels. In terms of supply, Europe is expected to be dominating the global market. The large volume production of vegetable parchment paper is expected to carry out in European countries such as Finland, France, Italy, and Germany.

In terms of consumption, Europe is expected to be a dominating region for vegetable parchment paper market. Oceania region is expected to witness a fast-paced growth in the demand for vegetable parchment paper in the next ten years. China & India are expected to witness a high demand for vegetable parchment paper in the next decade owing to increased spending on food and the growing adoption of processed food.

Global Vegetable Parchment Paper Market: Key Players

The key players operating in the global vegetable parchment paper market are as follows:

• Ahlstrom-Munksjö Oyj
• COREX Group
• Pudumjee Group
• McNairn Packaging, Inc.
• Scan Holdings
• Amol Paper Mills Pvt. Ltd.

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

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Regional Analysis Includes-

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

Global Vegetable Parchment Paper Market: Segmentation

The global vegetable parchment paper market has been segmented by grammage, product type and distribution channel.

On the basis of grammage, the vegetable parchment paper market has been segmented into:

• Up to 40 GSM
• Above 40 GSM

On the product type, the vegetable parchment paper market has been segmented into:

• Plain Vegetable Parchment
• Siliconized Vegetable Parchment

On the basis of the distribution channel, the vegetable parchment paper market has been segmented into:

• Hypermarket
• Supermarket
• Specialty Stores
• Online Stores
• Others

Flavonoids are organic compounds found in plants, fruits, and vegetables with several health benefits. They are a subclass of polyphenols containing more than 5,000 disease-fighting phytochemicals. Flavonoids can be obtained mainly from carrot, broccoli, berries, citrus fruits, pepper, tomatoes, and many other fruits. Flavonoids are also present in vegetables. Flavonoids possess antioxidant properties coupled with anti-inflammatory and immune-boosting properties. The growing interest in dietary flavonoids due to the health benefits derived from the consumption of fruits and vegetable have led to the manufacture of food products rich in flavonoids.

Flavonoids are often applied in food processing to help prolong the shelf-life of food items due to their antioxidant property. Apart from its ability to increase the shelf life of food items, the antioxidant property also helps in the prevention of chronic illness like cancer, which is often caused by the oxidation of free radical prone compounds. Growing demand for health-enhancing products is a strong driving force fueling the growth of the flavonoids market. Besides, the rise in the aging population, coupled with increasing demand for cancer-fighting products are anticipated to aid the industry’s growth.

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Flavonoids Market Driven by Increasing Application in End User Sectors

Flavonoids often used in several industries, such as the food and beverage industry, and the pharmaceutical industry, the cosmetics industry, and many others.However, the food and beverage industry has the highest demand for flavonoids due to the diversity in application. Flavonoids are used as a coloring and sweetening agent in the food and beverage industry. They are also used in the processing of foods manufactured primarily for diabetic patients.

In the pharmaceutical industry, flavonoids are used for various health-enhancing purposes, such as preventing cardiovascular diseases, curing stomach ulcers, and preventing cancer. Their anti-inflammatory properties help in the prevention of allergies, which causes inflammation. Flavonoids are very effective in the prevention of infectious diseases. These properties are projected to drive the market forward over the forecast period.

Growing Awareness of the Health Benefits

Flavonoids have many health benefits associated with the consumption of items containing it. Consumers are health conscious and are always in demand for healthy food products. Growing awareness regarding the health benefits of flavonoids has facilitated the increase in need, and this has, in turn, foster the growth of the market globally.

Also, the rise in demand for anti-inflammatory products coupled with cholesterol-lowering and pain relief products are the driving factors expected to fuel the growth of the flavonoids market in the next six to seven years. The market growth is also supported by the increasing population size of unhealthy people globally.

Flavonoids Market: Region-wise Analysis

North America and Europe are slated to fuel the growth of the global flavonoid markets due to the rise in health consciousness and increasing demand for dietary and nutritional supplements among people within the regions. Countries like the US, UK, Canada, Germany, and France are the drivers of the market within these regions.

The Asia Pacific has been projected to register a double-digit CAGR with China acting as a driver within the region. The growing aging population and growing awareness among consumers for a healthy lifestyle are factors supporting the growth of the flavonoid market. And this is expected to continue over the forecast period.

Flavonoids Market: Competitive Landscape

• EXTRA SYNTHE SE
• Kemin Industries
• Indofine Chemical Company Inc
• Foodchem International Corporation
• Meherrin Agricultural & Chemical Company
• Quercegen Pharmaceuticals
• Cayman Chemical Company,
• Aquapharm Bio-Discovery Limited

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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

Global Flavonoid Market Segment Analysis

The global flavonoids market can be segmented on the following basis:

By Type

• Flavones
• Anthocyanins
• Flavanols
• Flavan-3-ols
• Anthoxanthin
• Isoflavones

By Application

• Nutraceutical
• Cosmetics
• Pharmaceutical
• Animal Feed

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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The global time temperature indicator labels market has been moderately affected from 2019 to 2020, with the challenges posed by the COVID-19 pandemic. Restrictions on production, international trade, and supply chains held back short-term growth.

According to a new report by Future Market Insights (FMI), the market crossed US$ 742 Mn through 2019, with a healthy 6.6% CAGR till the end of the forecast period in 2030. According to the report, innovations in intelligent packaging solutions and enzymatic labels are support long-term developments.

In spite of the positive prospects of the time temperature indicator labels market, low awareness about time temperature indication technologies, especially in developing countries might hold back market growth.

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Key Takeaways

• The size of the time temperature indicator labels market is estimated to surpass US$ 776 Mn by the end of 2020, with food and drug storage and transport applications being major driving factors for the market
• Pharmaceutical manufacturers will remain primary end users, while applications in food and beverage processors are expected to grow at a relatively faster rate driven by the adoption of cold supply chains
• Critical time and temperature indicator technologies will account for higher demand owing to cost and weight benefits, accounting for over 80% of the market
• Europe followed by North America are leading regional markets for time temperature indicator labels, supported by the presence of leading pharmaceutical players and strict regulations in terms of health and food safety

“Growing levels of domestic and international trade for perishable commodities is a major driver of the global time temperature indicator labels market. Extensive application of these labels for clinical products, seafood, and wine especially in developing countries will continue boosting the shipping of these items, in turn creating lucrative prospects for time temperature indicator labels sales” says the FMI Analyst

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Covid-19 Impact Analysis

The covid-19 pandemic has had a moderate impact on the global time temperature indicator labels market. Supply chain disruptions and restrictions on manufacturing activities due to lockdown have hindered short-term market prospects.

Manufacturers have taken to diversifying supply chains away from China to minimize the impact of the outbreak. The need for cold supply chains for the covid-19 vaccines are likely to prove lucrative to market players.

Also, the growth of the ecommerce sector during the pandemic and online purchases of drugs and food has created lucrative growth opportunities, which is helping in cutting down losses during the crisis period.

Competitive Landscape

Major players in the time temperature indicator labels market landscape include 3M Company, CCL Industries Inc., Temptime Corporation, Bizerba SE & Co. KG, Delta Trak Inc., Thin Film Electronics ASA, Biosynergy Inc., Evigence Sensors, Insignia Technologies Ltd., and La-Co Industries Inc. among others.

Manufacturers are increasingly relying on product development and launch strategies to incorporate novel tech advancements in addition to acquisitions, mergers, and geographical expansion to offer improved solutions and to widen their consumer base in a fragmented market landscape.

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More Insights on FMI’s Time Temperature Indicator Labels Report

Future Market Insights in its latest report offers a detailed analysis of the global time and temperature indicator labels market covering historical demand from 2015 – 2019 and forecast data for the period between 2020 and 2030. The study covers projections of growth in the market in terms of product type (color only based and barcode based), label information (critical temperature indicators, critical time temperature indicators, and time temperature indicators), technology (microbiological, diffusion, polymer-based, photochemical, enzymatic, and others), and end use industry (pharmaceutical, food & beverage, chemical & fertilizers, and others), across seven key 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 the report by Future Market Insights, the global produce packaging market will register a moderate CAGR during the forecast period. The overall sales in the market is expected to surpass US$ 33 Bn by 2021.

Increasing awareness regarding the healthy food products and growing incidence of food-borne illnesses are propelling the demand for fresh food products. Coupled with this, growing consumption of meat-free and gluten-free food products will create a conducive environment for sales.

The growing environmental concerns and stringent government regulations regarding the use of plastic have improved the demand for sustainable paperboard and corrugated boxes for produce packaging. In order to capitalize on this trend, key companies are focusing on developing sustainable and innovative produce packaging solutions.

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For instance, in September 2021, Jujo Thermal announced the launch of Shieldplus, a game-changing recyclable fiber-based barrier material for food produce packaging. These products provide a sustainable solution for packaging of dry, moist and fatty foods, which also has excellent barrier properties to protect the contents and to maintain their quality.

A plethora of such developments will aid the growth in the produce packaging market over the coming years. Against this backdrop, FMI estimates, the global produce packaging market is poised to expand at 4.4% CAGR between 2021 and 2031.

Key Takeaways from FMI’s Produce Packaging Market Study

• In terms of packaging type, plastic containers are projected to exhibit fastest growth through 2021
• Re-packers end-use segment will account for nearly 50% of global market share through 2031
• China and Japan are identified as the key producers and exporters in the global produce packaging market
• South Korea produce packaging market represented nearly 7% of sales in global market between 2020 and 2021

“Key players in produce packaging market are collaborating with e-commerce food stores and local retail stores to gain competitive edge. In order to gain competitive edge, market players are focusing on developing compact and sustainable produce packaging solutions, which also meet the requirement from retail stores,” says the FMI analyst. 

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Competitive Landscape

As per Future Market Insights, Mondi Group, Amcor PLC, Berry Global Inc., and Ball Corporation are identified as the top 4 players in produce packaging market. These players are expected to contribute around 8%-10% of global market revenue in 2021.

Key companies operating in produce packaging market are focusing on sustainability and introducing recyclable and eco-friendly packaging to attract consumers. Also, some of the players are introducing new launches to strengthen their global footprints.

Get Valuable Insights on Produce Packaging Market

Future Market Insights, in its updated report, presents an exhaustive analysis on the global produce packaging market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights on growth drivers and market potential in detailed segmentation basis of application (food grains, vegetables, and fruits), end user type (growers/shippers, re-packers, and retail stores), and packaging type (corrugated boxes, bags & liners, plastic containers (cups, tubs, bowls etc.), trays, and other packaging) across seven major regions including North America, Latin America, Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan.

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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

The global surface protection films market is anticipated to expand at a CAGR of 5.5% over the forecast period of 2020-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches.

Various types of surface protection films, such as transparent, translucent, and coloured/tinted films have been gaining traction over the past couple of years, attributable to the rising preference for protective packaging. Furthermore, the ability to provide chemical, UV, and abrasion resistance to several industrial and non-industrial applications is broadening the adoption of surface protection films.

As such, the global surface protection films market is set to experience decent growth through 2030, crossing a valuation of US$ 2 Bn towards the end of the forecast period.

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“The growth outlook for the market seems promising, owing to excellent conformability, high adhesive strength, and abrasion-resistant attributes of surface protection films. On the other hand, sales are estimated to witness considerable decline in the next two quarters of 2020, owing to the COVID-19 pandemic across continents. Majority of revenue is realized from the construction and electronics industries. Lockdown and restrictions on import & export activities in high potential countries such as China and India have created an adverse impact on these Industries. This will hinder the growth of the surface protection films market in the near term. However, shifting inclination towards the adoption of protective packaging solutions will boost the demand for surface protection films over the coming years.” 

Key Takeaways from Surface Protection Films Market Study

• Glass & mirrors remain key application areas of surface protection films, followed closely by furniture surfaces. These two collectively accounted for nearly 45% revenue share in 2019, primarily attributable to growth of the construction industry.
• Polyethylene (PE) remains highly preferred for manufacturing surface protection films, owing to its low cost and exceptional tear-resistant attributes. This polymer material will continue to maintain its positive trend over the decade ahead.
• The construction & interiors and electrical & electronics industries would be the immediate end users of surface protection films, capturing around ¾ value share, collectively.
• The global surface protection films market is highly competitive. Manufacturers of surface protection films are focusing on providing additional features and employing newer technologies such as self-healing to ensure easy peeling without leaving any residue on the surface. These innovations provide convenience features to end users, and help manufacturers in achieving product differentiation.

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Focus of Prominent Manufacturers on Market Consolidation

Leading players in the global surface protection films market are focusing on strengthening their foothold in the landscape by expanding their business footprints. Manufacturers are also enhancing their production capacities through strategic mergers & acquisitions.  For instance,

• In March 2020, Pregis a North America-based manufacturer, acquired Italian temporary protective films manufacturer Soprad. The company Soprad is a manufacturer and supplier of performance-oriented adhesive protective films for a variety of surfaces, including metal, plastic, glass, and carpets.  In July 2018, the company launched cost-effective, temporary surface protection films specifically-designed for a new generation, fingerprint-resistant or speciality-coated products.
• In August 2017, Chargeurs S.A. acquired OMMA Srl., one of Italy’s leading manufacturers of application machines for surface protection films.
• In June 2017, Bischof + Klein SE & Co. KG set up a new extrusion coating line. This is expected to increase the output and enable complete omission of solvents.

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About the Surface Protection Films Market Report

Future Market Insights, in its new offering, offers an unbiased analysis of the global surface protection films market, analyzing historical demand of 2015-2019 and forecast statistics for 2020-2030. The study unravels growth projections of the surface protection films market on the basis of thickness (up to 25 microns, 25-50 microns, 50-100 microns, 100-150 microns, and above 150 microns), material (PE, PET, PP, PU, PVC, and others), colour (transparent, translucent, colored/tinted, and opaque),

technology (adhesion lamination and co-extrusion coating/lamination), application (metal sheets, glass and mirrors, pre-painted surfaces, plastic sheets, PVC profiles, furniture surfaces, carpet protection, and other applications), and end use (construction and interiors, electrical and electronics, automotive, industrial, healthcare, and others), across seven major regions. Furthermore, the scope of the report focuses on surface protection films consumed in the packaging industry

For additional information, write to the analyst at press@futuremarketinsights.com

Growing preference for fresh food products is projected to rev up demand for the frozen food packages in the food and beverages industry. In addition, increasing demand to deliver frozen desserts products is projected to impact growth of the global market of frozen food packaging positively. According to Future Market Insights, the global market of frozen food products is projected to reflect a CAGR of 7.5% over the forecast period, 2022-2032.

Factors Fuelling the Global Market Growth

Growth of the global frozen food packaging market is mainly bound to various micro-economic and macro-economic factors. Demand for the frozen food packages will continue to increase attributed to surge in the food delivery system. In an attempt to attract customers, manufacturers in the food and beverages industry are increasingly offering frozen food products through the online portals.

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Moreover, surge in demand for frozen dessert products among customers has further contributed towards growth of the global frozen food packaging market. With the growing need to protect the food products from exposure to extreme weather conditions and moisture, manufacturers are implementing enhanced packaging solutions such as temperature controlled and tamper-proof packaging.

Bound to these factors, sales of the frozen food packages in the food and beverages industry is projected to witness robust growth throughout the forecast period.

Packages for frozen food products also remain concentrated among the suppliers of the frozen food products. Manufacturers in the food and beverage industry witness significant demand for frozen food products as they have a fresh flavor and can be preserved for comparatively long time.

Suppliers of prefer opting for frozen food product packages in order to protect the product from moisture and unprecedented climate conditions. These factors are projected to fuel demand for the frozen food packages in the food and beverage industry positively.

On the other hand, high quantity of sodium in various frozen food products has led to a drop in the sales of the frozen food products, which has in turn led to a drop in demand for the frozen food packages.

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In addition, increasinglBHiLJLUwVKkdusa0ft_6rvuVc_aQnrflfzu5huCcHf6LrNzCEtLVznQhy2K7XBBMFm8OQgyQUKPIOrF3FIPYWQGUN1SfwT_jYDyJMz-lKdrNWL8SDBvTC8Vozf5awzBIU3vxDcnbdWTBPt5seIwtXDUJzKVHQ9ouvfnGKowv9J377 prices of the frozen food products add to the overall cost price of the product, which is projected to witness drop in demand for the frozen food packages. These factors are projected to inhibit growth of the global market of frozen food throughout the forecast period.

Plastic Materials to Witness Robust Demand

With the increasing demand for tamper-proof packaging, manufacturer prefer using plastic materials for frozen food product packaging. By packaging material, the plastic segment is projected to represent relatively high revenue growth, reflecting more than US$ 7,000 Mn by 2022-end. On the other hand, the paper & paperboard segment is expected record a relatively high CAGR through 2022.

Based on the packaging type, the bags & pouches segment is projected to register a robust CAGR, recording more than US$ 2,000 Mn by 2017-end. During the forecast period, the frozen specialties application type segment is expected will reflect a healthy CAGR.

On the other hand, the meat, poultry & seafood segment is projected to account for more than US$ 3,000 Mn by 2022-end. Europe will continue to remain a leading market for the frozen food packages globally.

Market Players

Major player in the global market of frozen food packages are Ball Corporation, Amor Ltd., Crown Holding Inc., Bemis Company Inc., Pactiv LLC., International Paper Company, Sonoco Products Company, Sealed Air Corporation, Printpack Inc., Berry Global Group Inc. and Huhtamaki Oyj.

For further insights into the global frozen food packaging market, write in to Future Market Insights analysts at press@futuremarketinsights.com

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

Stretch wraps or shrink films can prove inefficient in protecting the packages completely. As a result an increasing number of manufacturers are inclined towards automation and reducing labor work as much as possible. As per a new study by Future Market Insights (FMI), this will enable growth in the stretch hood films market, which is expected to surpass US$ 736 Mn by 2021.

In some countries lack of labor is one of the key factors which makes automation a more efficient solution in the long run. Furthermore, unlike stretch wraps and shrink wraps, stretch hood films provide all surface protection.

Stretch hood films are gaining traction among the end users as they do not require separate heating unit like shrink films when combined with the stretch hood wrappers. Thus, they save consumables and energy which are essential in heat shrink systems. Therefore, stretch films are predicted to hold a major pie in the global packaging market in near future.

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Besides this, stretch hood film provides improved quality of wrapping. It gives a perfect presentation to the wrapped products eliminating the appearance of folds and creases which is common in shrink wrapping. Most of the consumers are gradually shifting to stretch hood films from tradition packaging and wrapping approaches as these films gives enhanced aesthetic looks, transparency, and gloss to show the contents of the load. Stretch hood packaging offers great efficiency for securing pallet unit loads. Products packaged with stretch hood films enable maximum coverage as the package is covered horizontally and in transverse directions as per the packaging application.

Besides this, high packaging speed is a major concern for the end-users who are specially manufacturing products in bulk quantity and prefer to export their products to various destinations. Using stretch hood films consumers are able to save shrinking phase and thus increases wrapping speed around 150 pallets per hours. This speed is almost double of alternate wrappers using shrink films.

To optimize the production of their end line and to get advanced and efficient wrapping solutions, the consumption of shrink hood films is expected to increase exponentially during the forecast period. Increasing consumer demands have hiked the need for faster las t mile delivery and packaging. Therefore, stretch hood films provide manufacturers an optimum choice to opt for smart packaging solution.

Polyethylene stretch hood films are highly sought-after. As per FMI, polyethylene will be used in the production of nearly 70% of stretch hood films produced through 2031. Among end users, the demand from the construction sector also is expected to rise in the coming years.

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Key Takeaways of Stretch Hood Films Market Study

• Stretch hood films sales are poised to surge, enabling the market exhibit 2.8% y-o-y growth in 2021, after a period of setback in 2020
• With manufacturing rising consistently, coupled with the demand for advanced packaging solutions, the U.S. will account for over 88% of sales in North America
• While 2020 proved uneventful, the U.K. market will register a positive 3.7% y-o-y growth in 2021
• Expansion of construction sector will fuel demand for stretch hood films in Japan and South Korea
• South Korea will exhibit higher rate of growth yet China will remain the dominant market for stretch hood films in East Asia

 “Closed film hoods lead to better theft protection compared to stretch wrapping. Stretch hood films further prevent dirt and moisture from damaging the products during loading and shipment.” says an FMI analyst.

Stretch Hood Films Find Application in Diverse Industries

Stretch hoods machine is one of the latest palletizing technology and offers benefits when compared to other palletizing methods. In recent times, stretch hood films manufacturers have not only improved the packaging technique and quality, but also emphasized on the quality of raw materials used to enhance performance. Stretch hood films manufacturers are continuously working on production of stretch hood films with more elasticity and reduced thickness.

Using stretch hood films reduces plastic consumption by 20%-30% as compared to shrink hoods or stretch film. It encourages manufacturers to grab this opportunity and innovate products which are less harmful to the environment. These films can be recycled easily so it drastically brings down the recycling cost. Increasing opportunities created by innovative product offerings are anticipated to induce established players to invest in research and development activities to further improve performance of stretch hood films. Increased load stability and elasticity of stretch hood films has created lucrative opportunity for the manufacturers of stretch hood films to cater multiple end use industries such as food & beverage, textile, shipping and construction among others.

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Impact of COVID-19 on Stretch Hood Films Market

E-commerce and cargo shipments have been transporting huge number of products. Stretch hood films ensure load stability for transportation at the same time provide total visibility to the contents of a pallet. In the recent years, logistics industry has gained prominence due to rising technology. However, the outburst of COVID-19 pandemic has turned the normal functioning of the logistics sector.

Sudden drop in consumer demand created an immediate impact on shipping and port operations activity levels and altered corporate strategies. Lockdown across multiple geographies led to port congestion and reduced demand of stretch hood films from logistics industry. Trends in industry such as food & beverage and medical products confirmed resilience for demand of basic goods, which had continuous demand for packaging of goods.

Who is Winning?

Sigma Plastics Group, Coveris Holdings S.A., Novolex Holdings, Inc., AEP Industries Inc., Integrated Packaging Group Pty Ltd, Trioplast Industrier AB, Muller Load Containment Solution, RKW Group, Muraplast d.o.o., Thrace Synthetic Packaging Limited, Rosenflex(UK) Limited, Manuli Stretch S.p.A, Shields Bag and Printing Co., UAB Umaras, Gebr Duerrbeck Kunststoffe Gmbh Limited, Aalmir Plastic Industries and NPF Polyfilms Pvt Ltd are prominent players in the stretch hood films market. The stretch hood films market is fragmented and the key players in the market hold 15–20% share in the global stretch hood films market.

Newly released data by Future Market Insights (FMI) projects the global cosmetic tube market size to top US$ 2.4 Bn in 2021. Increasing demand for sustainable packaging solutions in the cosmetic industry is expected to augment growth of the market, pushing sales at 4.6% CAGR through 2031.

Shifting consumer preference for small and miniature-sized cosmetic tubes is anticipated to boost sales of 50-100ml cosmetic tubes over the assessment period. Consumers are getting inclined towards using small-size products for cost-effectiveness, easy accessibility, and portability. Cosmetic tubes are lightweight and easy to handle. This is expected to continue boosting demand for cosmetic tubes through 2031.

Request a report sample to gain compressive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-3487

Besides this, rising concerns regarding sustainability and recyclability of consumer goods packaging are compelling manufacturers to launch sustainable cosmetic tubes. Leading cosmetic tube players are investing in research and development to improve material usability to achieve sustainability goals, which in turn is fostering growth of the cosmetic tubes market.

Increasing sales of cosmetic, personal care products, and skincare products are expected to have a direct effect on demand for cosmetic tubes. The rising popularity of social media and the introduction of new beauty and skincare trends are boosting sales of cosmetics and beauty products, which in turn is driving sales of cosmetic tubes.

“Growing adoption of decorative cosmetic tube printing for an aesthetic appeal is expected to foster growth of the market. In addition to this, increasing sales of cosmetics, skincare, and makeup products through online channels such as Sephora, Ulta Beauty, and others will continue bolstering sales of cosmetic tubes over the forecast period,” says an FMI analyst. 

Key Takeaways:

• In terms of material type, demand for plastic cosmetic tubes is expected to continue gaining traction through 2031, due to advanced protection of cosmetics from external factors.
• Based on capacity, the 50-100ml segment is anticipated to expand at a steady pace, owing to cost-effectiveness and easy storage.
• Applications of cosmetic tubes in skincare products will remain high through 2031.
• The U.S. will continue exhibiting high demand for cosmetic tubes, with the North America cosmetic tubes market expected to grow at a 3.9% CAGR.
• Germany will emerge as an attractive cosmetic tube market due to the presence of popular beauty brands. The Europe cosmetic tubes market is projected to expand at a 3.4% CAGR.
• China is expected to lead the East Asia cosmetic tubes market, accounting for a dominant share in 2031.
• Japan and South Korea are projected to account for 15% and 8% of the East Asia cosmetic tubes market share respectively.

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-3487

Competitive Landscape

Albéa Beauty Holdings S.A, Essel Propack Ltd, CCL Industries Inc., Montebello Packaging Inc., Linhardt GmbH & Co KG, Berry Global Group, Inc., Huhtamaki Oyj, Tubopress Italia Spa, Hoffmann Neopac Ag, and Intrapac International Corporation are some leading players operating in the global cosmetic tubes market.

Top 5 players comprising Albéa Beauty Holdings S.A, Essel Propack Limited, CCL Industries Inc., Montebello Packaging, and Berry Global Group, Inc. are expected to account for 10-15% of the total cosmetic tubes market share in 2021.

Leading players operating in the cosmetic tubes market are investing in research and development to develop new formats of cosmetic tubes made from innovative materials. Apart from this, players are investing in mergers, acquisitions, and collaborations to expand strengthen their global presence in the market. For instance:

• In October 2020, Hoffman Neopac launched a new polyethylene (PE) based cosmetic tube with high-density polyethylene (HDPE) flip-top caps. These tubes are fully recyclable and feature body, shoulder, and caps that are made of a single material family.

More Insights into the Cosmetic Tubes Market Report

In its latest report, FMI offers an unbiased analysis of the global cosmetic tubes market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global cosmetic tubes market potential, its growth, and scope, the market is segmented on the basis of capacity type (below 50 ml, 50-100 ml, 100 ml- 150 ml, 150 ml- 200 ml, 200 ml), material type (plastic, aluminum and laminated) and application (skincare, haircare, makeup and others (nail care & hygiene products) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-3487

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

Food ingredients are used in food manufacturing industry to get desired product quality. Multifunctional food ingredients is defined as, ingredients which are used to replace gums, gluten, fats and other expensive ingredients. These ingredients ensures food safety and enhances shelf life, increases product yield, maintains taste, texture and appearance. In meat and poultry industry, multifunctional ingredients are used to provide safety of production during storage, to increase firmness of products, and also provide optimum indicators of rheological and thermodynamic characteristics, it helps to achieve the improved consistence and moisture holding ability of finished goods.

Oat derived multifunctional ingredients are used in bakery products to extend shelf life as it hinders the moisture migration. It also helps to improves volume and yield, enhances texture and improves nutritional value of finished products. Multifunctional food ingredient are also derived from food grade yeast and it is used to improve the flavour of fat reduced salad dressings which are pourable and this addition reduces the acid bite of added vinegar. The addition yeast extract results in a smoother and balanced flavour. Addition of multifunctional ingredient does not increases viscosity.

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Multifunctional Food Ingredients Market: Segmentation

Multifunctional food ingredients are segmented on the basis of ingredient type, applications and region. On the basis of ingredient type, multifunctional food ingredients market is segmented as flavours and emulsions, yeast extracts, oat extracts, bulking agents, fibers, hydrocolloids, and others (dairy powders). Among these segments hydrocolloids is expected to grow during forecast period. Multifunctional fibers are made from fruits and vegetable peal and pulp are used to replace expensive ingredients such as eggs, oil and pectin. With increasing application of bulking agents, this segment is expected to show fastest growth in near future.

Multifunctional food ingredients market is segmented on the basis of application type, includes dairy product, bakery and confectionery products, meat and poultry, dessert and toppings, and processed food products. Among these segments meat and poultry represents the mature market and expected to be dominant during forecast period. Multifunctional food ingredients are used in confectionery products to increase flavor intensity and taste enhancement and it ensures product stability during shelf life. Multifunctional flaxseed ingredients are used as gum replacer in cereal products such as tortillas, gluten-free products, pizza crusts, sheeted dough, batters and breads.

Multifunctional Food Ingredients Market: Region-wise Outlook

Multifunctional food ingredients market is segmented on the basis of region includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America and Europe are established markets for multifunctional food ingredients. With increasing demands for processed food and ready-to-eat products, multifunctional food ingredients market is expected to register healthy CAGR during forecast period.

Multifunctional Food Ingredients Market: Drivers

Consumers demand for clean label products and natural ingredients are major drivers for multifunctional food ingredient market. As companies are launching new ingredient blends with all natural ingredients which can be used to improve product quality without processing loss. In early 2015, Corbian launched new range of multifunctional food ingredients for meat and poultry products. Many companies are launching new products to fulfill the different gender specific requirements. For instance, in 2015 NutraGenesis LLC launched functional ingredient called Sensara which can be used in foods and beverages and it provides wellness benefits to nourish and protect a woman’s mind and body. Marine sources are used as a raw material for multifunctional food ingredients, algae is most commonly used because of its oil content, fiber content and the small particle size. Algal flour acts as multifunctional food ingredients and it can be used in bakery products such as breads, dough products, dressing, sauces and nutritional beverages.

Multifunctional Food Ingredients Market: Key Players

The key international players operating in multifunctional food ingredients market includes AlgaVia, Arla Foods Ingredients, Ashland Inc., Butter Buds Inc., E & R Food Ingredients B.V., Florida Food, Inc., Fiberstar, Inc., Z Trim Holdings, Inc., NutraGenesis LLC., Glanbia Nutritionals, Solazyme and many others.

The report covers exhaustive analysis on:

• Multifunctional Food Ingredients Market Segments
• Multifunctional Food Ingredients Market Dynamics
• Historical Actual Market Size, 2013 – 2014
• Multifunctional Food Ingredients Market Size & Forecast 2015 to 2025
• Multifunctional Food Ingredients Market Supply & Demand Value Chain
• Multifunctional Food Ingredients Market Current Trends/Issues/Challenges
• Multifunctional Food Ingredients Players Competition & Companies involved
• Multifunctional Food Ingredients Market Technology
• Multifunctional Food Ingredients Market Value Chain
• Multifunctional Food Ingredients Market Drivers and Restraints

Regional analysis for Multifunctional Food Ingredients Market includes

• North America
  • US & Canada
• Latin America
  • Brazil, Argentina & Others
• Western Europe
  • EU5
  • Nordics
  • Benelux
• Eastern Europe
• Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
• Japan
• Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other Africa

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

Ask for the complete TOC of this Report: https://www.futuremarketinsights.com/toc/rep-gb-887

Report Highlights:

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

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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Website: https://www.futuremarketinsights.com

 

 

 

Newly released data by Future Market Insights (FMI) projects the global cosmetic tube market size to top US$ 2.4 Bn in 2021. Increasing demand for sustainable packaging solutions in the cosmetic industry is expected to augment growth of the market, pushing sales at 4.6% CAGR through 2031.

Shifting consumer preference for small and miniature-sized cosmetic tubes is anticipated to boost sales of 50-100ml cosmetic tubes over the assessment period. Consumers are getting inclined towards using small-size products for cost-effectiveness, easy accessibility, and portability. Cosmetic tubes are lightweight and easy to handle. This is expected to continue boosting demand for cosmetic tubes through 2031.

Request a report sample to gain compressive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-3487

Besides this, rising concerns regarding sustainability and recyclability of consumer goods packaging are compelling manufacturers to launch sustainable cosmetic tubes. Leading cosmetic tube players are investing in research and development to improve material usability to achieve sustainability goals, which in turn is fostering growth of the cosmetic tubes market.

Increasing sales of cosmetic, personal care products, and skincare products are expected to have a direct effect on demand for cosmetic tubes. The rising popularity of social media and the introduction of new beauty and skincare trends are boosting sales of cosmetics and beauty products, which in turn is driving sales of cosmetic tubes.

“Growing adoption of decorative cosmetic tube printing for an aesthetic appeal is expected to foster growth of the market. In addition to this, increasing sales of cosmetics, skincare, and makeup products through online channels such as Sephora, Ulta Beauty, and others will continue bolstering sales of cosmetic tubes over the forecast period,” says an FMI analyst. 

Key Takeaways:

• In terms of material type, demand for plastic cosmetic tubes is expected to continue gaining traction through 2031, due to advanced protection of cosmetics from external factors.
• Based on capacity, the 50-100ml segment is anticipated to expand at a steady pace, owing to cost-effectiveness and easy storage.
• Applications of cosmetic tubes in skincare products will remain high through 2031.
• The U.S. will continue exhibiting high demand for cosmetic tubes, with the North America cosmetic tubes market expected to grow at a 3.9% CAGR.
• Germany will emerge as an attractive cosmetic tube market due to the presence of popular beauty brands. The Europe cosmetic tubes market is projected to expand at a 3.4% CAGR.
• China is expected to lead the East Asia cosmetic tubes market, accounting for a dominant share in 2031.
• Japan and South Korea are projected to account for 15% and 8% of the East Asia cosmetic tubes market share respectively.

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-3487

Competitive Landscape

Albéa Beauty Holdings S.A, Essel Propack Ltd, CCL Industries Inc., Montebello Packaging Inc., Linhardt GmbH & Co KG, Berry Global Group, Inc., Huhtamaki Oyj, Tubopress Italia Spa, Hoffmann Neopac Ag, and Intrapac International Corporation are some leading players operating in the global cosmetic tubes market.

Top 5 players comprising Albéa Beauty Holdings S.A, Essel Propack Limited, CCL Industries Inc., Montebello Packaging, and Berry Global Group, Inc. are expected to account for 10-15% of the total cosmetic tubes market share in 2021.

Leading players operating in the cosmetic tubes market are investing in research and development to develop new formats of cosmetic tubes made from innovative materials. Apart from this, players are investing in mergers, acquisitions, and collaborations to expand strengthen their global presence in the market. For instance:

• In October 2020, Hoffman Neopac launched a new polyethylene (PE) based cosmetic tube with high-density polyethylene (HDPE) flip-top caps. These tubes are fully recyclable and feature body, shoulder, and caps that are made of a single material family.

More Insights into the Cosmetic Tubes Market Report

In its latest report, FMI offers an unbiased analysis of the global cosmetic tubes market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global cosmetic tubes market potential, its growth, and scope, the market is segmented on the basis of capacity type (below 50 ml, 50-100 ml, 100 ml- 150 ml, 150 ml- 200 ml, 200 ml), material type (plastic, aluminum and laminated) and application (skincare, haircare, makeup and others (nail care & hygiene products) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-3487

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