Growing number of quick service restaurants and fast food supply chains creating prospects for disposable cups market growth

Today’s lifestyles are fast, and consumers are always on the go. A cost-effective and convenient option, the   disposable cups   come in handy for sipping your favorite beverage while running your daily errands.

Future Market Insights (FMI) sees this as an attractive prospect for disposable cup sales. Consumer preference for eating out has fueled an explosion in demand for on-the-go or takeaway beverages. Accordingly, total disposable cup sales in 2021 are expected to total $10.6 billion.

The exponential growth of online food ordering will also create opportunities to sell disposable cups. Food service providers prefer disposable cups. This is because disposable cups are non-tamperable and protect beverages from contamination during transport. Plastic disposable takeaway cups are economical and robust, and their insulation can extend delivery times for both hot and cold liquids.

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In addition, disposable cups with lids and   straw   slots allow for fast shipping without the risk of leaks or spills. Disposable cups do not require much storage space and are very easy to carry during transport and serving.

Food service providers choose paper or single-use plastic cups over glass because they are unbreakable, time-saving, and easy to clean. Therefore, many fast food restaurants, cafeterias and food malls choose disposable cups as a reliable, safe and convenient packaging solution to provide their customers with the fastest delivery.

Disposable Cups Market Highlights

  • Disposable cups under 250ml are smaller, easily disposable, biodegradable and recyclable. These cups will have a market share of 51.1% by 2031.
  • Paper is the most preferred material type and will account for 48.6% of the market share by 2031.
  • The beverage segment of disposable cups  is projected to be the fastest growing application segment, accounting for 71.7% share during the forecast period, owing to growing demand for ready-to-drink beverages.
  • Among end users, the food retail segment will account for a 60.7% share of the market by 2031.
  • Globally, the Asia Pacific region has emerged as a fast growing market. It is expected to show a CAGR of over 6-7% over the forecast period.

 “The growing preference for eating out will drive the demand for disposable cups as the popularity of takeaway beverages and awareness of eco-friendly packaging solutions increases. Additionally, the expansion of food service chains, hypermarkets and quick service restaurants will increase sales opportunities in the disposable cup market,” said an FMI analyst.

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Demand for innovation and sustainable packaging to drive sales

Innovation is critical as it helps businesses penetrate deeper into the market and offer better opportunities to their customers.

E.g,

  • On December 4, 2020, Acre launched the ButterflyCup, the world’s most environmentally friendly disposable cup. The ButterflyCup contains no plastic laminates and is designed in one piece that eliminates the need for a plastic lid. The cups are printed in vegetable ink and can be recycled in the recycling bin along with the cardboard or composted into plain paper at home. The ButterflyCup is therefore designed as a sustainable solution to the plastic waste crisis.

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

Plastic bans across regions create growth opportunities

Single-use plastics   consume valuable natural resources for production, pollute the environment and harm wildlife, flora and fauna. Many countries have banned single-use plastics because of the huge amount of plastic waste that goes to landfills and the ocean.

According to the Oceana Organization, about 15 million metric tons of plastic waste are dumped into the ocean every year, which puts about two plastic garbage trucks into the ocean every minute. The United States generates more plastic waste than any other country. As plastic production grows at a rapid rate, it can have catastrophic consequences.

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Items made from expanded polystyrene  are no longer sold and banned in Europe. A new law called Single-Use Plastics (SUP) aims to prevent and reduce the impact of plastic products on the aquatic environment and human health. The Directive will be converted into national law and will take effect from 3 July 2021. Countries that do not comply with these obligations are subject to fines. Many countries restrict the use of single-use plastics. Therefore, it hinders the growth of the disposable cups market.

Impact of COVID-19 on Disposable Cups Market

Disposable cups are the safest and most hygienic packaging preferred during the pandemic. The COVID-19 outbreak has had a huge impact on people. To prevent and control the spread of the virus, hospitals, quarantines and shelters have used disposable cups to provide food and drink to patients and caregivers.

Disposable cups are quickly thrown away and recycled. Thus, the possibility of spreading the virus can be avoided. Disposable cups are also the most economical, portable and disposal option for catering establishments to meet consumer health and well-being concerns.

disposable cup market landscape

Pactiv LLC., Georgia-Pacific LLC,   Huhtamäki Oyj  , Dart Container Corporation,   Berry Global Group  , Inc. etc. are the prominent players in the global disposable cups market. The Tier 1 players in the market account for 15-20% of the global disposable cups market.

North America silo bag market to grow moderately at a CAGR of 4.8% over 2022-2026

The need to provide optimal protection for agricultural products is costly for North American farmers and workers in the agricultural industry. To achieve this purpose, silo bags are likely to suffer losses on the demand side due to rising raw material prices. According to Future Market Insights’ latest report on the   North American silo bag market  , rapid price fluctuations for raw materials such as polyethylene film are restraining silo bag production.

Over the next few years, subject to the monotony of this scenario, North America’s silo bags are unlikely to soar with steady momentum, with revenue growth of 4.8% CAGR.

Nevertheless, the decline in demand for silo bags across North America is not solely driven by volatility in commodity prices. Future Market Insights’ “Silo Bag Market: Global Industry Analysis and Opportunity Assessment, 2022-2026” report predicts that stringent environmental regulations related to industrial use and large-scale production of plastic films are limiting cost-effective production of silos. Pants.

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Silo bags made from raw materials such as polyethylene or polypropylene film are another burden on regulators, with disposal of waste silo bags leading to environmental degradation. Key findings from the report show that by 2026, more than 90% of North American silo bag revenues will come from polyethylene bag sales, further exacerbating environmental regulatory conditions.

According to the report, silobag consumption in the US and Canada will show a 4.4% CAGR. The market size in 2016 is estimated at USD 31.8 million and is expected to exceed USD 50 million by the end of 2026. Demand for 75 meter silo bags continues to remain high during this forecast period and will generate revenues of over USD 25 million by the end of 2026. Additionally, more than two-thirds of the market value is accounted for by silo bag sales. For grain protection.

Demand for silo bags is also expected to gain traction in feed applications, from which revenue is projected to grow steadily at a CAGR of 5.1%. The report further predicts that the US will account for more than 80% share and Canada’s silo bags market will gain traction, exhibiting a CAGR value of more than 5%.

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Another factor expected to stifle North American silobag growth is aggressive competition for higher margins. The major silo bag manufacturers in the region are offering product lines with additional features to help them navigate the fiercely competitive market.

The overall profitability of basic silo bag sales is constructed and distorts demand inflow. The report outlined the major players in the North American Silo Bags market including Grain Pro, Inc., IPESA – Rio Chico SA, GEM Silage Products, RKW Hyplast NV, Grain Bags Canada, Blue Lake Plastics, LLC., BagMan LLC. Canadian Tarpaulin Manufacturers LTD., Temudjin Flex-Pack BV and KSI Supply, Inc.

Questions about the findings of these studies   may be sent to analysts at Future Market Insights at press@futuremarketinsights.com.

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

Global Garbage Bag Market: The Need for Biodegradable Garbage Bags to Drive the Market FMI Observation

According to a report published by Future Market Insights (FMI), the competitive landscape of the Garbage Bags market is a slightly fragmented one, marked by the presence of sizable players. Top Key Players in the European   Garbage Bags Market  are Novolasta, sro Senkvice, Extrapack OOD, Pack-It BV, Achaika Plastic SA, DAGOPLAST AS, Terdex GmbH, International Plastics, MirPack TM, Plasta.It, Primax Doo.

Major players are now focusing on research and development of garbage bags to stay ahead of the competition. These market players are also working to expand their geographic reach by working with local players.

Considering geography, the European garbage bag market has been segmented into Germany, France, Italy, Spain, UK, Russia and BENELUX. Belgium, the Netherlands and Luxembourg make up BENELUX.

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Owing to the high demand for garbage bags across Europe, the market is expected to soar, registering a good CAGR during the forecast period 2016-2026.

Demand for biodegradable garbage bags to stimulate growth

As far as materials are concerned, the market has been broken down into five categories. The segments are: Low Density Polyethylene (LDPE), Liner Low Density Polyethylene (LLDPE), High Density Polyethylene (HDPE), Polypropylene (PP), etc.

High Density Polyethylene (HDPE) is characterized by high performance and extreme tensile strength, and these properties make HDPE a leading European garbage bag market. This segment accounted for 30% of total European market revenues in 2016. During the forecast period 2016-2026, the HDPE segment is expected to expand at a CAGR of 5.5%.

These garbage bags can hold a fair amount of weight and are also cost effective. These characteristics are expected to drive the high-density polyethylene garbage bag market. In addition, high-density polyethylene or HDPE bags are available in biodegradable versions. The biodegradable HDPE bag is made of domestic biomass material, reducing dependence on oil. They are also easy to recycle and used frequently.

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The economies of developed countries such as the UK and Germany are expected to drive demand for high-end garbage bags. These premium garbage bags come with qualities such as odor control and elasticity, and people in developed countries are willing to pay extra for these premium quality garbage bags. Opportunities for premium quality trash bags are growing.

Strict government policies to curb market growth

Governments in several European countries have implemented strict measures to ban the use of plastic bags. They are imposing regulations limiting the sale of lightweight bags. Countries such as Italy and France have full bans on single-use HDPE plastic bags. While these bans restrain the growth of the HDPE garbage bag market, they also help reduce the harmful impact of plastic bags on the environment, especially on the seas, lakes, rivers and wildlife that inhabit those waters. This is one of the major restraining factors for the European garbage bag market.

Additionally, several European governments levying surcharges and increasing taxes on the use of plastic garbage bags are undermining the spirit of market players. Customers must pay an additional fee for plastic garbage bags at various convenience stores and retail outlets. These government initiatives play an important role in reducing the use of plastic garbage bags in Europe.

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This review follows the findings of a new report from Future Market Insights (FMI)  entitled “The Garbage Bag Market: European Industry Analysis and Opportunity Assessment, 2016-2026”.

For the study, the market has been segmented as follows:

Global Garbage Bags Market: By Material Type

  • low density polyethylene
  • Liner Low Density Polyethylene
  • high density polyethylene
  • polypropylene
  • Other

Global Garbage Bags Market: By End User

  • retail and consumer
  • Agency
  • industry

Global Garbage Bags Market: By Size

  • 7-16 gallons
  • 20-30 gallons
  • 32-35 gallons
  • 40-48 gallons
  • +55 gallons

Global Garbage Bags Market: By Regions

  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
    • Benelux

For More Insights and Information on Global Garbage Bags Market,   Contact Our Analysts at press@futuremarketinsights.com

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

Old corrugated cardboard market will create new growth opportunities in the next year

Old Cardboard Box Market Overview

Old cardboard containers: an overview

Corrugated cardboard is one of the indispensable formats in the packaging industry. Factors that increase the taste of corrugated board include customizability and reusability. Corrugated cardboard also provides an eco-friendly packaging solution for end users. Old corrugated containers are a rich source of wood pulp fibers and are increasingly becoming a valuable commodity in the paper packaging industry.

Old corrugated packages are also witnessing great demand in countries in the Asia Pacific region to manufacture new paper for boarding and containers in a cost-effective manner. The growth of the paper industry is an important factor driving the demand for old corrugated containers in the global market. because of these factors

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Old Cardboard Market: Dynamics

Despite the rapid transition to digitalization, the global paper industry is experiencing steady growth in emerging economies. We anticipate that there will be growth opportunities with great potential for the industry to take advantage of. Most of the largest paper companies have faced a decline in business growth over the past few years, but are concentrating their business on specific segments. Contrary to commonly believed, world restraint

The pulp industry is booming. As Chinese manufacturing expands, the demand for environmentally friendly packages will continue to rise. According to the Forestry and Paper Association of America, about 32% of the world’s recycled paper is exported, with China accounting for a huge share. The Middle East is a “fiber-poor” region,

The Asia Pacific region is expected to drive the competitive market for old corrugated containers. In China alone, a large demand for recycled paper is expected due to the rapid growth of the manufacturing industry. Moreover, the shortage of fiber resources in Middle Eastern countries is expected to stimulate the demand for old corrugated cardboard containers supported by the growing paper pulp industry. Rather, the United States, among other countries in North America, has become a major supplier of old corrugated containers and is expected to retain that position over the forecast period.

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Global Old Corrugated Cardboard Market: Research Methods

A robust methodology was used to reach the market size of old corrugated containers. Analysis was performed on both the supply side and the demand side.

Supply-side analysis

Major recycling companies have been identified and overall revenue assessed. Estimated revenue from export/sale of old corrugated containers and validated overall market size through key interviews with key opinion leaders in the paper industry.

Necessary side analysis

Overall demand for recycled paper was tracked by tracking the penetration of recycled paper while determining paper consumption for new products. Other sources, such as Trade Map, have been referenced to track and analyze global recycled paper import and export scenarios.

Global Old Corrugated Cardboard Market: Key Players

Old cardboard containers are distributed throughout the market through various recycling companies, which export their materials to countries such as China.

Survey reports present a comprehensive assessment of the market and include thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes forecasting using an appropriate set of assumptions and methodologies. Survey reports provide analysis and information according to market segments such as geography, application, industry and more.

The report covers exhaust analysis for:

  • Market segmentation
  • market dynamics
  • market size
  • supply and demand
  • Current Trends/Problems/Challenges
  • companies involved in competition
  • Technology
  • value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia, New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

The report summarizes first-hand information, qualitative and quantitative assessments by industry analysts, inputs from industry experts and industry participants across the value chain. The report offers a detailed analysis of parent market trends, macroeconomic indicators and driving factors along with market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.

Global Old Corrugated Cardboard Market: Segmentation

The global old corrugated cardboard market is segmented into:

On the basis of product type, the global corrugated cardboard container market is segmented into:

  • cardboard
  • cut cardboard
  • fruit carton
  • Other Corrugated Cardboard Types

On the basis of source, the global corrugated cardboard container market is segmented into:

  • furniture
  • vendor
  • factory
  • supermarket
  • Other

On the basis of region, the global corrugated cardboard container market is split into:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East and Africa
  • Japan

Tissue and Sanitary Paper Packaging Market: Global Industry Analysis 2013-2017 and Opportunity Assessment; 2018 – 2028

Tissue and Sanitary Paper Packaging Market Overview

Tissue and Sanitary Paper Packaging: An Overview

Tissue and sanitary paper products come in many varieties and serve a variety of purposes. The key role of tissues and sanitary papers is to help improve people’s quality of life, and proper packaging helps maintain their value. Growing urban population and increasing people’s safety concerns about better sanitation are some of the factors driving the growth of the tissue and sanitary paper packaging market. Providing important protective packaging helps to increase the level of hygiene.

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Toilet paper and hygiene paper products include toilet paper, household paper, feminine hygiene products, and baby diapers. One of the main reasons these products are growing is that they are inherently sustainable. Whether made from felled wood fiber wood or recycled paper, they ensure that the resources used to make it are abundantly available for future generations. Therefore, the outlook for the growth of global tissue and sanitary paper packaging over the next decade is expected to be positive.

Tissue and Sanitary Paper Packaging: Epidemiology

Due to consumer awareness of the health and safety of products, the tissue and sanitary paper packaging market is experiencing continuous growth worldwide in terms of revenue and revenue. From an international perspective, growing awareness of health and hygiene products in developing countries continues to accelerate the growth of the global tissue and sanitary paper packaging market. Toilet paper is the top-selling tissue and sanitary paper packaging segment among all other segments of the market. There is currently no good substitute for these products, which is driving the growth of the tissue and sanitary paper packaging market.

Advances in manufacturing technology that facilitate more efficient use of tissues and sanitary papers, improvements in product design, and packaging and dispensing methods are also among the major drivers of the global tissue and sanitary paper packaging market. These innovations enable tissue and sanitary paper manufacturers to meet growing consumer demands and improve product quality and packaging types. Additionally, increasing competition among major vendors can be considered as a potential threat to the global tissue and sanitary paper packaging market during the forecast period.

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Manufacturers and retailers must devise a dedicated strategy and carefully consider consumer preferences to expand the tissue and sanitary paper packaging market globally. Improve product quality and packaging types. Additionally, increasing competition among major vendors can be considered as a potential threat to the global tissue and sanitary paper packaging market during the forecast period.

Manufacturers and retailers must devise a dedicated strategy and carefully consider consumer preferences to expand the tissue and sanitary paper packaging market globally. Improve product quality and packaging types. Additionally, increasing competition among major vendors can be considered as a potential threat to the global tissue and sanitary paper packaging market during the forecast period. Manufacturers and retailers must devise a dedicated strategy and carefully consider consumer preferences to expand the tissue and sanitary paper packaging market globally.

Demand for tissue and sanitary paper packaging is expected to be high in APEJ and Latin America. Currently, the contribution of these regions to the global tissue and sanitary paper packaging market is high. China is expected to lead the tissue and sanitary paper packaging market in the APEJ region. The tissue and sanitary paper packaging market is stagnant in regions like Western Europe and North America due to intense competition among packaging vendors, but is expected to witness modest growth during the forecast period.

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Tissue and Sanitary Paper Packaging: Major Players

Who are the most prominent players in the global Tissue and Sanitary Paper Packaging market?

  • Armorplast
  • Optima Packaging Group GmbH
  • dab pack
  • Belly Tissue Packaging
  • TMC Co., Ltd.
  • Polyfax SIA
  • package restrictions

Tissue and Sanitary Paper Packaging: Key Developments and Trends

The research and development of tissue and sanitary paper packaging aims to improve packaging quality and make it more suitable for existing applications. The development goal is to make the global tissue and sanitary paper packaging market more sustainable and safer by further diversifying and promoting the use of packaging. Recent developments and trends in the industry include:

  • In recent years, the adoption of smart technology in tissue and sanitary paper products such as baby care and incontinence, which uses wearable sensor technology to prevent skin problems and increase comfort, is anticipating a positive growth in tissue and sanitary paper packaging.
  • Packaging manufacturers are emphasizing features such as high appeal and smooth finish to enhance the consumer appeal of their products.

The research report includes a comprehensive assessment of the market and includes thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes forecasting using appropriate assumptions and methodologies. The research report provides analysis and information according to market segments such as region, application, and industry.

The report covers exhaust gas analysis for:

  • market segment
  • market dynamics
  • market size
  • supply demand
  • Current trends/issues/challenges
  • Competition and Related Companies
  • Technology
  • value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input 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, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.

Tissue and Sanitary Paper Packaging: Split

The global tissue and sanitary paper packaging market is segmented into:

On the basis of Application, the Tissue and Sanitary Paper Packaging Market is segmented into:

  • tissue
  • dry toilet paper
  • wet toilet paper
  • tissue paper
  • Paper tissue (made from pulp)
  • facial tissue
  • wet tissue
  • household paper
  • paper towel
  • kitchen roll
  • table napkin
  • Feminine Hygiene
  • sanitary pad
  • tampon
  • baby diaper
  • incontinence

On the basis of packaging raw material, the tissue and sanitary paper packaging market is segmented into:

  • Athletic
  • Pets
  • PP

On the basis of packaging type, the tissue and sanitary paper packaging market is segmented into:

  • kitchen roll packaging
  • toilet roll packaging
  • folding tissue packaging

By region, tissue and sanitary paper packaging is classified as follows:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East and Africa
  • Japan

Pharmaceutical Glass Tube Market: Global Industry Analysis 2012-2016 and Opportunity Assessment; 2016 – 2027

Pharmaceutical Glass Tube Market Overview

Introduction and needs of the product:

Glass is the most widely used packaging material in the pharmaceutical industry. In industry, most of the major packaging products such as bottles, ampoules, vials, syringes, etc. are made of glass material. Pharmaceutical tubing is used by pharmaceutical packaging companies as a raw material for manufacturing primary packaging products. Glass tubes are supplied by major international companies such as Corning, Schott, etc.

There are four types of glass tubes that glass manufacturers supply to packaging manufacturers. Glass Type I is the most used glass type for pharmaceutical glass packaging. Type I glass, also called ‘borosilicate glass’, has excellent chemical stability and high heat resistance against thermal shock and rapid temperature change.

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For protection from sunlight, 2  O  3  , Ti  2  O  3  or MnO can be added to type I glass to produce amber borosilicate glass. Type III glass, also known as ‘soda-lime glass’, is used to produce pharmaceutical bottles that only store solid pharmaceuticals due to its low chemical resistance properties. Pharmaceutical glass tubes play an important role in the manufacturing process of pharmaceutical parent containers.

pharmaceutical glass tube market

Pharmaceutical Glass Tube Market: Market Dynamics

The pharmaceutical glass tubing market is highly integrated with three market players: Corning Pharmaceutical Glass, Schott AG, and Nipro Pharmaceutical Packaging. All of these companies have more than 30% market share in the pharmaceutical glass tube market. Owing to the high growth of demand for pharmaceutical matrix packaging products, the pharmaceutical glass tube market will witness an impressive CAGR of 5%-6% over the next 6-7 years.

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However, it is rarely difficult for new entrants to gain significant market share in the market as a small number of players dominate. Companies with presence in the market plan to invest in developing countries such as China, India, etc. to strengthen their supply chains and serve new customers in the market. Glass is still the widely preferred format for manufacturing packaging containers for pharmaceutical parents. However, while plastic materials are gaining traction in pharmaceutical syringe production, plastic materials still account for less than 20% of the global syringe market.

Glass peeling is a major concern in the pharmaceutical glass packaging market that may reduce demand to some extent in the near future.

The key developments observed in the Pharmaceutical Glass Tubes market are:

  • In November 2017, Schott AG started a new manufacturing facility in China to manufacture ampoules, vials and cartridges made of glass tubes for the domestic pharmaceutical industry.
  • In January 2017, Schott AG integrated a specially developed big data solution in its glass tube manufacturing facility to improve quality standards.
  • In November 2015, Corning Incorporated completed the acquisition of Gerresheimer’s pharmaceutical glass tubing business for $244 million.

Pharmaceutical Glass Tube Market: Market Segmentation:

Pharmaceutical Glass Tube Market 01

Pharmaceutical Glass Tube Market: Regional Overview

On the basis of region, the pharmaceutical glass tube market is segmented into 7 regions including North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa, and Japan. North America and Europe dominate the pharmaceutical glass tubing market due to the high presence of tubing manufacturers and pharmaceutical companies in the region. Companies such as Schott, Nipro, etc. have a significant market share and a dominant position in the market.

The company’s sales revenue has been observed to increase at a good pace over the past few years, reflecting the high growth of the market. Asia Pacific is the third dominant region for the global pharmaceutical glass tube market. In addition, prominent companies are focusing on investing in developing markets to significantly increase their market share in those regions. MEA and Japan also offer untapped growth potential in the global pharmaceutical glass tube market.

Pharmaceutical Glass Tube Market: Market Players

Key players in the pharmaceutical glass tube market include Schott AG, Nipro Pharma Corporation, Corning Incorporated, Nippon Electric Glass Co., Ltd., Accu-Glass LLC., Richland Glass Co., Inc., Cang Zhou 4-star. Glass Co., Ltd., LINUO Group, DWK Life Sciences GmbH, Puyang New Harmony Industrial Development Co., LTD, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tube Market: Market Structure

Pharmaceutical Glass Tube Market Tier 1 Companies:   Schott AG, Nipro Pharma Corporation, Corning Incorporated

Pharmaceutical Glass Tube Market Tier 2 Companies:   Nippon Electric Glass Co., Ltd., DWK Life Sciences GmbH, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tube Market Tier 3 Companies:   Accu-Glass LLC., Richland Glass Co., Cang Zhou Four-star Glass Co., Ltd., LINUO Group, Puyang New Harmony Industrial Development Co., LTD.

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The research report includes a comprehensive assessment of the market and includes thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes forecasting using appropriate assumptions and methodologies. The research report provides analysis and information according to market segments such as region, application, and industry.  

The report covers exhaust gas analysis for:

  • market segment
  • market dynamics
  • market size
  • supply demand
  • Current trends/issues/challenges
  • Competition and Related Companies
  • Technology
  • value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input 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, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.

market segmentation

Pharmaceutical Glass Tubes Market Segmentation: By Material Type

  • Type I (Borosilicate neutral glass mainly used for aqueous solution packaging)
  • Type II (surface-treated borosilicate glass mainly used in acid solution packaging)
  • Type III (soda-lime glass mainly used for packaging of oral solid dosage forms such as tablets and capsules)

Pharmaceutical Glass Tubes Market Segmentation by Neck Diameter

  • up to 40mm
  • 40mm ~ 80mm
  • 80mm ~ 120mm
  • 120mm or more

Pharmaceutical Glass Tubes Market Segmentation: By Parent End Uses

  • party
  • ample
  • vial
  • syringe
  • cartridge

Layer Pads Market Will Grow 5.4% Due to Surge in Applications in Beverage Industry – FMI

According to Future Market Insights (FMI), the global  layer pad market is projected to expand at a   5.6 % CAGR  from 2021 to 2031, recording shipments of  ~750,000 tonnes between 2021-2031. The market is expected to record a year-over-year growth rate. 5.4% in 2021  .

The growing preference for sustainable layer pads to protect products during transportation will boost sales of layer pads.

In response to the growing demand for sustainability, companies are manufacturing corrugated cardboard and cardboard layer pads to meet the burgeoning demand from the chemical and beverage industries. Sales of layer pads will also be boosted by greater use in packaging and shipping of hazardous chemicals worldwide.

For More Insights into the Market,        Request a Sample Report of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4908

FMI forecasts that sales of cardboard layer pads will increase significantly during the forecast period. However, as plastic layer pads are economical and durable, some end users will continue to prefer plastic layer pads over green alternatives.

On the other hand, strict regulations on the use of plastics are expected to stimulate sales of cardboard layer pads. Due to these factors, sales of layer pads are expected to reach $1.17 billion by 2021  .

Highlights of FMI Layer Pad Market Research

  • Nearly 80% of layer pads sold in terms of end-user base are used in the beverage industry.
  • The food and agricultural industry is projected to be the second largest end user and is expected to contribute to US$ 125.1 million in revenue by 2021.
  • The US is projected to drive the North American layer pad market owing to growing demand from the beverage industry.
  • Expansion of manufacturing and packaging industry is expected to drive sales of layer pad in India.
  • Korea is expected to account for 8% of the global layer pad market.
  • In terms of materials, plastics are expected to account for the largest share, while sales of cardboard layer pads are expected to accelerate in the next few years.

“The growing demand for protective packaging and the growing preference for online shopping have forced the industry to shift its focus to sustainable and durable packaging solutions. This is expected to create ample opportunity for layer pad manufacturers to take advantage of,” said the FMI analyst. 

For information on the research approach used in the report, please contact TOC@  https://www.futuremarketinsights.com/reports/layer-pads-market/table-of-content.

competitive landscape

 According to FMI, the top players are expected to account for more than 15%-20% of the global market share in 2021  . Key players are focusing on e-commerce and working with local vendors to increase revenue generation.

Some of the major players are also introducing sustainable cardboard layer pads to generate revenue. We also work with local and international beverage companies to expand our customer base and gain a competitive edge.

According to Future Market Insights, Smurfit Kappa Group, DS Smith, International Paper, and KapStone Paper and Packaging Corporation are identified as top layer pad market players.

Get valuable insights into the layer pad market

Future Market Insights provides an exhaustive analysis of the global Layer Pads market, including historical demand data and forecast figures for the period 2021-2031, in the updated report. The study reveals powerful insights into growth drivers and market potential with detailed segmentation criteria. Material Type (Plastic & Cardboard), End User Base (Food & Agricultural, Beverage, Chemical & Manufacturing), Shape Type (Die Cut Shape and Flat Shape) North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa, Japan.

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

Layer Pads Market Will Grow 5.4% Due to Surge in Applications in Beverage Industry – FMI

According to Future Market Insights (FMI), the global  layer pad market is projected to expand at a   5.6 % CAGR  from 2021 to 2031, recording shipments of  ~750,000 tonnes between 2021-2031. The market is expected to record a year-over-year growth rate. 5.4% in 2021  .

The growing preference for sustainable layer pads to protect products during transportation will boost sales of layer pads.

In response to the growing demand for sustainability, companies are manufacturing corrugated cardboard and cardboard layer pads to meet the burgeoning demand from the chemical and beverage industries. Sales of layer pads will also be boosted by greater use in packaging and shipping of hazardous chemicals worldwide.

For More Insights into the Market,        Request a Sample Report of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4908

FMI forecasts that sales of cardboard layer pads will increase significantly during the forecast period. However, as plastic layer pads are economical and durable, some end users will continue to prefer plastic layer pads over green alternatives.

On the other hand, strict regulations on the use of plastics are expected to stimulate sales of cardboard layer pads. Due to these factors, sales of layer pads are expected to reach $1.17 billion by 2021  .

Highlights of FMI Layer Pad Market Research

  • Nearly 80% of layer pads sold in terms of end-user base are used in the beverage industry.
  • The food and agricultural industry is projected to be the second largest end user and is expected to contribute to US$ 125.1 million in revenue by 2021.
  • The US is projected to drive the North American layer pad market owing to growing demand from the beverage industry.
  • Expansion of manufacturing and packaging industry is expected to drive sales of layer pad in India.
  • Korea is expected to account for 8% of the global layer pad market.
  • In terms of materials, plastics are expected to account for the largest share, while sales of cardboard layer pads are expected to accelerate in the next few years.

“The growing demand for protective packaging and the growing preference for online shopping have forced the industry to shift its focus to sustainable and durable packaging solutions. This is expected to create ample opportunity for layer pad manufacturers to take advantage of,” said the FMI analyst. 

For information on the research approach used in the report, please contact TOC@  https://www.futuremarketinsights.com/reports/layer-pads-market/table-of-content.

competitive landscape

 According to FMI, the top players are expected to account for more than 15%-20% of the global market share in 2021  . Key players are focusing on e-commerce and working with local vendors to increase revenue generation.

Some of the major players are also introducing sustainable cardboard layer pads to generate revenue. We also work with local and international beverage companies to expand our customer base and gain a competitive edge.

According to Future Market Insights, Smurfit Kappa Group, DS Smith, International Paper, and KapStone Paper and Packaging Corporation are identified as top layer pad market players.

Get valuable insights into the layer pad market

Future Market Insights provides an exhaustive analysis of the global Layer Pads market, including historical demand data and forecast figures for the period 2021-2031, in the updated report. The study reveals powerful insights into growth drivers and market potential with detailed segmentation criteria. Material Type (Plastic & Cardboard), End User Base (Food & Agricultural, Beverage, Chemical & Manufacturing), Shape Type (Die Cut Shape and Flat Shape) North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa, Japan.

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

Automotive Axle And Propeller Shaft Market Future Trends, Industry Size and Forecast to 2027

Increasing operational performance, improving drivability and ensuring safe transport of cargo and passengers is the one of the top priority of automobile manufacturers. With increasing acceptance of hybrid and electric vehicles and integration of smart and connected technologies, manufacturers are concentrating on improving power and drivetrain systems encompassing components such as clutch, transmission, propeller shaft and rear axle. Depending upon its position and application, an axle serves different functions of steering and transmission. A propeller shaft serves the purpose of transmitting torque and rotation along with other drive train components.Automotive Axle and Propeller Shaft: Market Dynamics

Escalating vehicle production to meet the everyday increasing demand of thriving global population is one of the pivotal factors influencing revenue sales of automotive axle and propeller shaft market. In addition, the growth of automotive axle and propeller shaft market is further propelled by the thriving aftermarket demand for propeller and axles in emerging economies. However, increased component cost and additional vehicle weight are the two factors that can act as a challenge to the automotive axle and propeller shaft market.

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With vehicle weight pivotally influencing vehicle performance, the adoption of light weight propeller shaft is gaining traction. Apart from body and frame, some of the leading car manufacturers such as Aston Martin and Alfa Romeo, have incorporated carbon fibre propeller shafts in some of their models. With increasing adoption of electric vehicles, critical focus over power train and axle system is expected to bring significant changes in terms of component and system design and material utilization in automotive axle and propeller shaft market during the forecast years.

Automotive Axle and Propeller Shaft: Regional Outlook

The automotive axle and propeller shaft market can also be segmented on the basis of region as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ axle and propeller shaft market is spearheaded by India and China. With sustainable demand for aftermarket components, the increasing sales of heavy commercial vehicles in these regions is expected to bolster revenue sales of automotive axle and propeller shafts market. Proliferating demand for light commercial and passenger vehicles in ASEAN countries such as Indonesia and Malaysia among other countries is boosting the sales of automotive axle and propeller shaft market. The recuperating sales of vehicles is expected to create strong demand for automotive and propeller shafts during the forecast year. With a number of OEM manufacturers shifting production bases in Latin America, the region is expected to witness significant development in terms of supply and demand for domestic automotive axle and propeller shaft manufacturers.

Key automotive axle and propeller shaft markets in Western Europe such as Germany, Italy, Spain and U.K. are witnessing relatively high demand for aftermarket components such as drive train components and shafts for electric vehicles segment. This automotive axle and propeller shaft market demand is expected to mature during the first half of the forecast period. However, post 2021, the demand is expected to resurge. Middle East and Africa and Eastern Europe automotive axle and propeller shaft market is expected to witness significant demand owing to escalating sales of passenger cars and light commercial and heavy commercial vehicles.

Automotive Axle and Propeller Shaft: Market Participant

Examples of some of the market participants in the globalautomotive axle and propeller shaft market include Dana Corporation, IFA Rotorion, Meritor Inc., Korea Flange Co. Ltd. (KOFCO), ZF Friedrichshafen AG, Showa Corporation, JTEKT Corporation, Hyundai Wia Corporation, GKN-Walterscheid GmbH, American Axle & Manufacturing, Inc., and Gelenkwellen-Service GmbH.

Discover more about report analysis with figures and data tables, along with the table of contents. Request for TOC- https://www.futuremarketinsights.com/toc/rep-gb-2734

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

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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

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Automotive Axle and Propeller Shaft: Segmentation

By axle orientation, the automotive axle and propeller shaft market can be segmented into:

  • Front Axle
  • Rear axle

On the basis of sales channel, the automotive axle and propeller shaft can be segmented into:

  • OEM
  • Aftermarket

On the basis of vehicle type, the automotive axle and propeller shaft market can be segmented into:

  • Passenger cars
  • Light Commercial vehicle
  • Heavy Commercial Vehicle

By propeller shaft type, the automotive axle and propeller shaft can be segmented into:

  • Front propeller
  • Inter-axle
  • Rear propeller

Report Highlights:

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

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

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

Electronic Power Steering Market Study: An Emerging Hint of Opportunity by 2026

Electronic Power Steering Market Overview

The automotive industry has gone through many phases of improvements in design, power and efficiency in the last few decades. The technology has brought automobiles to perform in any terrains, which were earlier meant only for smooth roads. The selection of correct steering design provides stability and maneuverability to vehicle in any terrains.

The steering mechanism is a combination of various linkages which are intended to turn vehicle in minimum radius without over turning it. Unlike conventional steering, the modern electronic power steering comprises of various electronic components which assist to reduce power and provide precision turning. The electronic power steering can improve fuel efficiency and driving experience.

Earlier, the electronic power steering was used only in only high-end vehicle or sports utility vehicles (SUVs). In recent years, the reliability of electronic power steering has increased, which in result, has boosted its involvement in almost every categories of vehicle. The modern electronic power steering are much more compact and includes many other controlling features and airbags.

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Global Electronic Power Steering Market: Dynamics

The electronic power steering market is basically dependent on the automobile manufacturing sector. Also, research and development activities by various automotive firms is one of the driving factor of the global electronic steering market. Developments of sophisticated and robust steering mechanism is estimated to fuel up the global electronic steering market. Moreover, increasing competition to develop electric, self-driven or auto-pilot enabled vehicles is expected to boost the global market of power steering. Whereas, unavailability of cent percent reliable steering system and failure of electronics of steering are major restraints to global electronic power steering market.

Unlike conventional steering which have constant direct connection of links, development of electronic power steering with no direct contact of links is expected to trend in the forecast market.

Global Electronic Power Steering Market: Key Players

The major key players in global electronic power steering market includes companies like Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, ZF Friedrichshafen Group, Nexteer Automotive, NSK Global, JTEKT Corporation, SHOWA Corporation, thyssenkrupp Presta AG, Mando Corporation, Hyundai Mobis, Zhuzhou Elite Electro Mechanical Co. Ltd.

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Global Electronic Power Steering Market: Segmentation 

The global electronic power steering (EPS) or electric power assisted steering (EPAS) market can be segmented into various categories on the basis of its type and application vehicle.

On the basis of EPS type, it can be segmented as

  • column assisted electronic power steering(C-EPS)
  • pinion assisted electronic power steering (P-EPS)
  • rack assisted power steering system (R-EPS)
  • electronic hydraulic power steering (EHPS)

On the basis of type of vehicle application, the global electronic power steering can be segmented as

  • light motor vehicles (LMV)
  • passenger cars
  • heavy motor vehicles (HMV)
  • agricultural tractors
  • special utility vehicles (cranes, sports cars, earth moving, military vehicles, etc.).

Pre-Book Report @ https://www.futuremarketinsights.com/checkout/1962

Report Highlights:

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

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

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/