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According to the latest Future Market Insights (FMI) study, the global grab and go bottles market will top US$ 75 Bn in 2021. The market has been projected to register 5% CAGR between 2021 and 2031.

Grab and go beverages are becoming popular among the on-the-go millennial generation. Grab and go beverages rank high on consumer perception about product quality. Their ready availability in supermarkets/hypermarkets, convenience stores, and many physical outlets has fueled their sales globally.

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Currently, the working population is indulged in jobs and businesses which has resulted in significant change in drinking habits. As a result, an increasing number of consumers are willing to spend on more grab and go beverages as they are a convenient choice, suitable for their daily routine.

Also, the willingness to spend more on eye-catchy and eco-friendly bottles among young population is consistently increasing, created high prospects for grab and go bottles market players to capitalize on. With the increasing recreational sports and gym activities, consumer inclination towards health supporting food and beverages consumption has shot up. This has bode well for the market.

Bottles are preferred for such activities as they are less prone to damage during transit and are lightweight. To minimize carbon impact on the environment, most of the key players manufacturing are strategically planning to include tones of post-consumer recycled plastic in their manufacturing process. For instance, Alpha Packaging makes its bottles from 100% post-consumer resin for food and pharmaceutical industry packaging.

Key Takeaways from Grab and Go Bottles Market

• Plastic, in terms of material type, is expected to hold almost ¾th of the value share in the global market.
• Although 251-500 ml bottle capacity segment is leading in the global grab and go market, up to 250 ml bottle capacity segment is predicted to gain by ~150 bps of current market share, by the end of 2031.
• High consumption of grab and go bottles is witnessed in beverage packaging. Therefore, this segment is expected to register a CAGR of 5.6% during next decade.
• The Europe market is projected to hold approximately 32.5% of the global market share in 2021.

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“Innovations have become crucial for grab and go market players. They are increasingly incorporating recycled PET plastic in manufacturing to offer greater sustainability. Besides this, some of the producers are experimenting with the design and material to steer clear of cut-throat competition prevalent in the market,” said a lead FMI analyst

Technological Innovations like RFID and NFC to Reshape Grab and Go Bottles Market

With the technological advancements, grab and go bottles industry has seen an increase in the number of innovative product launches in the past five years. There is a constant need for innovation among the industry players to sustain themselves in the extremely competitive market.

The introduction of RFID to replace traditional bar codes to increase convenience in the tracking and tracing of the product has caught the attention of the market and gained popularity quickly. QR codes are the latest addition to the bottles industry used for several purposes like displaying detailed product information, tracking the product through the supply chain and as a means of keeping logs by stores.

Some of the key players in the plastic bottles market are also working on introducing NFC technology to further enhance consumer experience and improve supply-chain management. Launching innovative bottles in the market can prove to be an incredible opportunity for the manufacturers to capture maximum market share in the industry.

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Demand in Restaurants and Foodservices Driving Grab and Go Bottles Sales

Restaurants and other food service outlets have noticed the trend of bottles being used as a carry-out accessory from the last few years and are investing in the grab and go beverages to complement their existing menus.

Several food service vendors are putting refrigeration units while others are installing vending machines to add new revenue streams to their business. As today’s consumer is also quite happy with the grab and go drinks items, the grab and go bottles is foreseen to witness significant demand in years to come.

Global grab and go bottles market comprises fewer organized as well as local players competing for each other based on design, quality, and price of grab and go bottles. The packaging design of grab and go bottles remain key winning imperatives to draw consumer attention in the marketplace, and manufacturers need to put more emphasis on the design of grab and go bottle.

Grab and Go Bottles Market Landscape

Amcor plc, Nampak Limited, Ardagh Group S.A., Gerresheimer AG, Owens-Illinois, Inc., Berry Global Group, Inc., KanPak LLC, Graham Packaging Company, Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, Vidrala SA, and Intrapac International Corporation. Tier one players are expected to hold 10% to 15% of the total market share.

Grab and Go Bottles Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for grab and go bottles market, analyzing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals market growth projections for the grab and go bottles based on material type (plastic [Polyethylene (PE), PET, Polypropylene (PP) and others], and glass), capacity (Up to 250 mL, 251-500 mL, 501-1,000 mL, and above 1,000 mL), end use (food [sauces & con., soups & syrups, dairy products, and others], beverages [alcoholic and non-alcoholic [tea & coffee, juices, soft drinks, bottled water, and others], cosmetics & personal care, and others.)

Strongly buoyed by the expansion of pharmaceutical industry across the key economies, global market for high barrier packaging films for pharmaceuticals will witness a promising 5% CAGR during 2019 – 2029. The market is projected to especially flourish in China, India, and Mexico, as suggested by a new Future Market Insights (FMI) study. Advances in packaging technologies further foster the growth outlook of market.

High barrier packaging films are predominantly used in the pharmaceutical sector to pack and store a vast variety of medicines, owing to its superior oxygen and moisture barrier attributes. The FMI report highlights striking demand growth in bags, pouches and blisters categories, which assure high protection of pharmaceutical products.

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The growth outlook for the high barrier packaging films for pharmaceutical sector seems promising, owing to its excellent flexibility, longer shelf life and higher oxygen & moisture barrier characteristics. Furthermore, highly potential economies such as China and India are projected to offer lucrative opportunities to the manufactures as the demand for pharmaceuticals packaging solutions in these countries surges.

Key Takeaways from High Barrier Packaging Films for Pharmaceuticals Market Study

• Application of high barrier packaging films in blisters is increasing at an exceptional rate, attributing to their unit dosing feature. They also provide high protection from contamination.
• Leading packaging manufacturers operating in high barrier packaging films for pharmaceutical market are preferring plastic materials such as polypropylene (PP), polyvinyl chloride (PVC) and polyamide (PA) to design and manufacture high barrier packaging films.
• East Asia and South Asia are set for a solid growth outlook in the high barrier packaging films for pharmaceuticals market, as key economies such as China and India are producing and exporting pharmaceutical drugs on a significant scale.

Manufacturers Focus on Incorporation of Advanced Packaging Technologies

Flexible packaging manufacturers that cater to pharmaceutical companies are increasingly offering high-performance films that provide custom barrier properties for different types of pharmaceutical products in order to enhance their shelf-life. Generally, premium pharmaceutical products must be kept in specific environmental conditions to prevent product quality from deterioration.

Modified atmosphere packaging (MAP) or controlled atmosphere packaging (CAP), the emerging packaging technology advances, maintain the particular atmosphere inside product packages. High barrier packaging films with modified atmosphere packaging (MAP) and controlled atmosphere packaging (CAP) properties maintain the internal environment of the package and maximize the shelf life of the product. The increasing demand for MAP and CAP from pharmaceutical companies will create an influx of opportunities for manufacturers over the forecast period.

About High Barrier Packaging Films for Pharmaceuticals Market Report

In its new report, FMI offers an unbiased analysis of the global high barrier packaging films for pharmaceuticals market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The report provides growth projections on the high barrier packaging films for pharmaceuticals market on the basis of product type (cold-formable films, coextruded films and thermo-formable films) material (aluminium and plastics) and application (bags & pouches and blisters), across seven major regions. Furthermore, the scope of the report focuses on high barrier packaging films for pharmaceuticals consume in the packaging industry.

For additional insights on how the growth of market will unfold over the course of projection, write to 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

Extensive research report on “Temperature Controlled Pharmaceutical Containers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)” by Future Market Insights unveils several vital insights on the global market for temperature controlled pharmaceutical containers.

The research study includes impact analysis of various drivers and trends along with restraints and opportunities that have an influence on the growth of the global temperature controlled pharmaceutical containers market. It also covers intelligence on key players operating in the market that can support upcoming businesses to gain hold in the global market in the coming years. In addition, the reader can gain high level insights with the actionable intelligence provided in this research report that can support the reader in slating and implementing new strategies to gain an edge over the competition in the changing dynamics of the global temperature controlled pharmaceutical containers market.

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The research report covers analysis on the application areas of temperature controlled pharmaceutical containers along with the market scenario of various form types and content types.

The research study offers historical data analysis, along with current market data as well as future market projections for a period of nine years, from 2017 till 2026. As per the analysis done in this research report, the global market for temperature controlled pharmaceutical containers is projected to expand at a exponential CAGR of 10.5% throughout the period of assessment to reach a valuation of more than US$ 7 Bn by the end of the year of forecast (2026).

Key Insights on Global Temperature Controlled Pharmaceutical Containers Market

The global market for temperature controlled pharmaceutical containers is segmented on the basis of control type, form type, application, content type and region.

• In the region category, Asia Pacific excluding Japan (APEJ) is the most lucrative region for the growth of the temperature controlled pharmaceutical containers market. This region is marked with increasing developments in the pharmaceutical sector that has pushed the sales of temperature controlled pharmaceutical containers in APEJ. The temperature controlled pharmaceutical containers market in APEJ is estimated to touch a valuation of more than US$ 2,400 Mn by the end of the year of assessment, thus dominating the global market in the coming years. Europe region is the second most attractive region contributing to the growth of the global temperature controlled pharmaceutical containers market
• By control type, both active and passive temperature controlled pharmaceutical containers are expected to witness similar adoption rate in the coming years across the globe, passive type temperature controlled pharmaceutical containers being a shade higher than the active ones. However, active temperature controlled pharmaceutical containers are estimate to lead the global market with a high market valuation by the end of the year of assessment (2026)
• In the form type category, chest style segment is the largest with high market value as well as expected to grow at a relatively high rate during the forecast period. This segment is the most lucrative and is expected to witness increased adoption for pharmaceutical packaging in the years to follow
• By application, chilled segment is expected to surpass other segments with a high market share and CAGR. This segment is projected to expand at a value CAGR of 12.4% during the period of forecast
• With respect to content type, the vaccines /drugs and genetic material largely require temperature controlled pharmaceutical containers. These segments are expected to highly contribute to the revenue sales of temperature controlled pharmaceutical containers during the assessment period. Of these, the genetic material segment is poised to slate the highest CAGR

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Global Market for Temperature Controlled Pharmaceutical Containers: Competition Dashboard

The research report on global temperature controlled pharmaceutical containers market has included profiles of various key players operating in the market. Their detailed scrutiny with respect to product synopsis, development and innovation along with expansion strategies and SWOT analysis has been covered in this research report. Key players such as Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers, Sciencesoft USA Corporation, ACH Foam Technologies LLC, American Aerogel Corporation, Inmark Packaging, va-Q-tec AG, Envirotainer Ltd., Cold Chain Technologies, Cryopak, Sofrigam SA Ltd., Pelican Biothermal and Sonoco Products Company have been included in this research study.

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

Pails are a type of cylindrical containers that are usually made up of plastic or metal and are used in the storage of liquid or semi-liquid industrial products. There are various factors that are contributing to the expansion of global industrial pails market.

A major factor is the rapid growth of the chemical and pharmaceutical industries. Manufacturers in such industries want packaging solutions that are light in weight, are cost effective and also durable and strong for their bulk liquid packaging requirements. Due to this reason, industrial pails find significant applications in the chemical and pharmaceutical industries. In addition, there is a growing demand for paints, adhesives and coatings all across the world and this is another factor driving the market growth.

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The global industrial pails market is slated to reach a valuation of nearly US$ 9,300 Mn in the year 2026 and exhibit a moderate CAGR during the period of forecast.

4 Forecast Highlights on Global Industrial Pails Market

• As per the forecast of Future Market Insights, the low density polyethylene material type segment is slated to touch a value of nearly US$ 650 Mn in the year 2026. This represents a moderate CAGR growth during the assessment period of 2017-2026. The low density polyethylene material type segment was estimated to account for nearly one-tenth of the revenue share of the material type category by the year 2017 and is expected to lose in market share by the year 2026 end.
• As per the assessment of Future Market Insights, the 3 Gal capacity segment will reach a valuation of nearly US$ 1,050 Mn in the year 2026. This represents a moderate CAGR growth during the period of assessment. The 3 Gal capacity segment was estimated to account for more than one-tenth of the revenue share of the capacity category in the year 2017 and is expected to lose market share by the end of the year 2026.
• As per the estimates of Future Market Insights, the agriculture segment is slated to reach a valuation of nearly US$ 310 Mn in 2026. The agriculture segment is expected to lose market share by the end of the year 2026. The largest share is contributed by the North America region in the agriculture segment.
• Future Market Insights forecasts the US industrial pails market to grow from nearly US$ 1,200 Mn in 2017 to US$ 1,700 Mn in 2026. This represents a compound annual growth rate (CAGR) of 3.9% from 2017 to 2026.

Competition Landscape

The report has also profiled leading players in the global market for industrial pails, which will remain active through 2026. These include companies such as FDL Packaging Group, Grief Inc., Balmer Lawrie & Co. Ltd, SCHÜTZ GmbH & Co., Sonoco, Orora Packaging Australia Pty Ltd, Mauser Group B.V., Fibrestar Drums Ltd, Delta Containers Direct Limited and Industrial Container Services.

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For further insights into the global industrial pails 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

However, the fluctuating prices of raw materials for the manufacturing of industrial pails are restraining the growth of the global industrial pails market. Besides, there are growing applications of industrial pails in the food and beverage, construction and mining industries, which are providing new opportunities for the global industrial pails market.

A new research report of Future Market Insights has slated an above-average expansion for the global transit packaging market through the forecast period (2017-2026). Revenues from the market are poised to surpass US$ 200,000 Mn by 2026-end.

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Ecommerce Fulfillment Hubs Aggressive in Development & Implementation of Automation Systems in Warehouse & Logistics

Traditionally, material handling, shipping, and warehousing operations associated with transit packaging have been labor-intensive, burdening personnel costs and potential for injury, accident, and product damage. Currently, there is huge emphasis on accommodating human operators and human-operated equipment in the warehouse layout and design, which in turn will lead to optimum utilization of warehouse space and overhead volume.

There has been a rise in the incorporation of stock-picking robots and robotic forklifts that require relatively narrower aisles than the human-operated machines, thereby enabling safe manipulation of taller shelves, racks and pallet stacks. Ecommerce fulfillment hubs have become more aggressive in the development and implementation of automation systems in warehouse and logistics, which in turn is expected to reshape the market for transit packaging in the near future.

Surging trade activities coupled with robust demand for packaging from various end-use industries are driving complications in transit packaging management. This has further led toward the introduction and high adoption of the efficient fleet management systems for facilitating management of tracking & cleaning containers, maintenance activities, and fleet sizes, in order to deliver safe and efficient transportation of goods.

Soaring emphasis on the product safety during transportation has fuelled adoption of corrugated boxes, as they facilitate the process of recycling and are more sustainable for the environment. The environmental issues play a fundamental role in selection, business practices, and product design of transit packaging.

Prominent retailers currently demand for less wasteful and more efficient transit packaging solutions, with their motivation for using “greener” packaging materials rowing in tandem with the environmental sensitivities of players driving the market for transit packaging globally.

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Key Research Findings from the Report

• Europe will account for the lion’s share of the market by 2026-end, succeeded by North America and Asia-Pacific excluding Japan (APEJ). Revenues from transit packaging market in Europe and APEJ are expected to increase relative faster through 2026. In addition, revenues from the market in North America and Latin America are projected to witness a parallel increase through 2026.
• Polyurethane and paper & paperboard are expected to retain their position of being fastest growing packaging materials in the global transit packaging market. In contrast, sales of polyethylene and ethylene vinyl alcohol are expected to grow in parallel at the lowest CAGR through 2026.
• On the basis of packaging type, cartons and containers are expected to lead the global transit packaging market, in terms of revenues. However, sales of wooden crates are poised to reflect a comparatively faster expansion through 2026.
• Pharmaceuticals and third party logistics will prevail as fast-growing end use industries of transit packaging, with revenues collectively estimated to reach approximately US$ 55,000 Mn by 2026-end.

Occupancy of numerous local, regional, and multinational players has made nature of global transit packaging market fragmented, wherein regional players are increasingly competing against international players via provision of various innovative solutions at relatively lower prices.

International players are likely to retain their dominance in terms of quality, range of offerings, features, and cost. Wide scope for innovation is being highly sought-after by the market vendors, owing to surging demand from the food, fertilizer, pharmaceutical, and chemical industries.

An inorganic expansion is estimated for international players in the market through acquisition of local or regional players in the near future. FMI’s report identifies key players driving the market growth, which include Yinghua Plastic Products Co., Mondi Group PLC, Honeycomb Cellpack A/S, Deufol SE, Papier-Mettler KG, BEUMER Group GmbH & Co. KG, International Paper Co., Nefab AB, Eltete TPM Ltd, and SGS SA.

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Market Taxonomy

A segmentation analysis delivered in the report submits insights on the global market for transit packaging. The market is characterized based on end use industries, packaging type, material type, and region.

Analyses on the Y-o-Y growth comparison, market share comparison, and the revenue comparison in accordance with relevant market numbers has been delivered in this chapter. The global market for transit packaging has been divided regionally into Asia-Pacific excluding Japan, Europe, Middle East & Africa, Japan, Latin America, and North America.

 

Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Material Type

• Polyethylene
• Polypropylene
• Polyethylene Terephthalate
• Polyvinyl Chloride
• Ethylene vinyl alcohol
• Polyurethane
• Paper & Paperboard
• Metal
• Wood

Packaging Type

• Cartons
• Wooden crates
• Containers
• Corrugated boxes
• Barrels
• Intermediate Bulk Containers
• Strapping
• Other Packaging Type

End Use Industries

• E-Commerce
• Automotive
• Building & Construction
• Chemicals
• Food & Beverages
• Electrical & Electronics
• Industrial Machinery and Equipment
• Pharmaceuticals
• Third Party Logistics
• Consumer Goods

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Global Folding IBCs Market: Overview

Flexible intermediate bulk container (IBC) is a reusable industrial container designed for the transport and storage of bulk liquid and granulated substances, such as chemicals, food ingredients, solvents, pharmaceuticals, etc. A new research report by Future Market Insights, titled ‘Folding IBCs Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’ is a crystal clear overview of the global folding IBCs market during the forecast period. The report includes all the crucial details of the market dynamics and the trends prevailing in the industry.

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According to this comprehensive research report, the global folding IBCs market is expected to witness a rise in the demand for its products. Several advantages of folding IBCs is attracting many businesses and manufacturers. The folding IBCs are space efficient and are specially designed to improve handling, produce savings and also to address environmental issues for all hazardous and non-hazardous liquids.

The sides of folding IBCs can be folded inward when the unit is empty allowing the IBC to collapse into a much smaller package for return shipment or storage. Almost all rigid folding IBCs are designed in such a manner so that they can be stacked vertically one atop the other using a forklift.

The smooth interior and exterior surfaces of the folding IBCs reduce the opportunities for product contamination and allow for easy container cleaning. The market forecast depicts that the global folding IBCs market is expected to grow at a CAGR of 4.8% during the forecast period, reaching a market size of over US$ 520 Mn by the end of 2027.

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Global Folding IBCs Market: Segmental Analysis

• Based on material, plastic material leads in terms of market size, with an expected market size of over US$ 430 Mn by the end of 2028. However, metal material for folding IBCs is expected to witness faster demand in the coming years. Metal is expected to lead in terms of CAGR with 5.1% during the forecast period.
• On the basis of capacity, 500-1000 L capacity has the highest expected market share US$ 240 Mn by the end of 2027. In terms of CAGR, 1000-1500 L dominates the global market.
• Based on packaging content, liquid segment is way ahead solid and semi-solids segment with a market share of over US$ 400 Mn by the end of 2028. However, solid and semi-solid segment is expected to reflect a higher growth rate of over 5.1% during the forecast period.
• Among the various application areas of folding IBCs automotive and mechanical part is expected to witness the fastest growth during the forecast period. However, chemicals segment is the dominating segment in terms of market size and is also not much behind mechanical segment in terms of growth rate.
• Based on region, APEJ is expected to reflect highest market share among all the major regions, with the highest demand for Folding IBCs by the end of the year of assessment

Global Folding IBCs Market: Competitive Landscape

There are a lot of companies in the global folding IBCs market that are considered to be great performers and also the key players of the market. Some of these key players that are mentioned in the report are Finncont Oy, Bulk Handling Australia Group Pty Ltd, A. R. Arena Products Inc., TranPak Inc., Brambles Group, ORBIS Corp., Dalian CIMC Logistics Equipment Co., Ltd., TPS Rental Systems Ltd, Loscam Ltd., Milford IBC, RPP Containers etc.

To know more about global folding IBCs market, reach the team of expert 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 he