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Extensively used for sealing of heavy duty cartons that are utilized in packaging of domestic and international trade consignments, BOPP tapes represent a rapidly progressing global market. The global BOPP packaging tapes market is bound to reach US$ 23.8 Bn by the year 2029 at a CAGR of 4.5% between 2022 and 2029. The forecast is based on a new Future Market Insights (FMI) study.

BOPP tapes are highly suitable for manufacturing and warehousing, which continues to push their adoption within the E-commerce industry. Customized BOPP tapes is a new market trend, says the report. High growth potential resides in the markets of emerging economies.

The BOPP tapes has included feature of low noise during packaging on the cartons, ideal for machine applications that saves time and gives accurate and uniform sealing to the boxes. It can withstand all the extreme weather to due its physical property of higher tensile strength among its group.

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Key Takeaways – BOPP Tapes Market Study
BOPP tapes witness a massive demand in the global market for the following properties- transparency with double-sided adhesion, non-toxicity, ease of use, reasonable retraction rate, and, most importantly, water and chemical resistance, longer life and good strength, which adds to its good-tear-proof performance.
Manufacturing & warehousing, followed by E-commerce industry, are identified as prominent end-use industries of BOPP tapes
Customized BOPP tapes are projected to be preferred over plain or single color BOPP tape in following years

Usage of BOPP tapes for packaging especially for food & beverages is expected to remain substantial as it ensures precise and durable packaging
The hot melt rubber adhesive has better quick stick bonding to carton boxes (corrugated paper board), however hot melt acrylic has long-lasting adhesive properties.
East Asian market is experiencing a high demand for BOPP tapes. This prominent demand is majorly driven by the presence of China that is driving the production of all the industries across the global market with cost-efficient ability.

Focus of Eminent Manufacturers on Global Alliance
Prominent manufacturers in the BOPP tapes market are targeting emerging markets such as South Asia and East Asia to strengthen their market position. These regions are considered by the rapid growth of key end-use industries, especially the manufacturing sector post-recession.

Expansion of global business footprints and new product development are key strategies adopted by BOPP tapes manufacturers to strengthen the market position. For instance,

In March 2022, tesa SE set up a new manufacturing plant in China by investing US$ 33 Mn. This unit would focus on manufacturing all forms of tapes catering to the demand for electronics, manufacturing and warehousing industries.
In August 2021, Intertape Polymer Group Inc. acquired ‘Polyair’. ‘Polyair’ is involved in the protective packaging business with 7 manufacturing facilities and a distribution center in North America.

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Key Segments Covered in BOPP packaging tapes Industry Research

BOPP Packaging Tapes Market by Thickness:

35 – 50 Micron
51- 65 Micron
Above 65 Micron

BOPP Packaging Tapes Market by Adhesive:

Hot Melt Rubber
Hot Melt Acrylic

BOPP Packaging Tapes Market by Width:

11mm -30 mm
31mm – 70 mm
Above 70 mm

BOPP Packaging Tapes Market by End-user:

Manufacturing & Warehousing
Food & Beverages
Chemicals & Lubricants
Electronics & Electricals
Automotive
Personal care & Cosmetics
E-Commerce

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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.

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Rising adoption of IV infusion bottle for the packaging of products with various nutrient solutions such as protein, starch, fat, minerals and electrolytes, vitamins, and other trace components is particularly pushing the demand for IV infusion bottles, fueling sales of IV infusion bottle seals & caps in the following years. The global IV infusion bottle seals & caps market is projected to clock a notable CAGR of 5.3% annually throughout the forecast period (2022 – 2029).

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Key Takeaways – Infusion Bottle Seals & Caps Market Study

• IV infusion PP caps would remain highly attractive in terms of market share, and projected to expand at the rate of 5.3% during the assessment period.
• It is observed that vendors of IV infusion bottle seals & caps are primarily manufacturing seals & caps of neck size 21-28 mm, making it a lucrative neck size. This segment is foreseen to create an incremental $ opportunity of US$ 70 Mn, by the end of 2029.
• Growing popularity of IV bags in the pharmaceuticals industry is probable to impede the growth of IV infusion bottle seals & caps market.
• Some of the leading pharmaceutical packaging companies have adopted an outsourcing model to expand their market footprints and thus, generate high return on investments (ROI). East Asia and South Asia are foreseen to remain popular destinations for contract manufacturing.
• The North America region is expected to remain at the forefront regarding the market share of IV infusion bottle seals & caps. High expenditure on healthcare, rising per capita healthcare spending, and growing awareness regarding parenteral nutrition therapy are likely to offer optimistic outlook to the IV infusion bottle seals & caps market.

High adoption of IV drugs is observed in line with increasing prevalence of chronic diseases. The rise in awareness regarding parenteral nutrition therapy among consumers would further translate into the preference for IV administration, thereby, fueling the demand for IV drug packaging.

Explore the global IV infusion bottle seals & caps market report with 39 illustrative figures, 28 data tables and the table of contents. You can also find a comprehensive market segmentation on https://www.futuremarketinsights.com/customization-available/rep-gb-10872

Market Consolidation Through Acquisition of Companies

Key players of the IV infusion bottle seals & caps market are acquiring many companies to strengthen their product offerings and geographical reach. The pharmaceuticals industry is currently in a phase of acquisition of key companies. Within three years, Cardinal Health, Inc. acquired two companies – Mirixa Corporation & Medtronic’s Patient Recovery business.

Learn More About IV Infusion Bottle Seals & Caps Market Report

Future Market Insights, in its new offering, offers an unbiased analysis of the global IV infusion bottle seals & caps market, analyzing historical demand from 2014-2021 and forecast statistics for 2022-2029.

The study unravels growth projections on the IV infusion bottle seals & caps market on the basis of product (PP caps and rubber seals, where PP caps further sub-segmented into euro ring pull caps, double fold caps, and foil caps) and neck size (up to 20 mm, 21-28 mm, 29-32 mm, and above 32 mm), across seven major regions.

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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

Masking and packaging applications of paper tapes are highly sought after across diverse industries. According to a new study by Future Market Insights (FMI), rising demand from healthcare, automobile industries, furniture manufacturing, electronics, and other industries is driving the paper tapes market.

Some of the leading brands are introducing new features that showcase increased heat and water resistance properties in tapes. Such improvements are helping in overall expansion of the market. The increasing focus on sustainable and advanced packaging solutions has been creating growth opportunities for paper tapes made from natural materials.

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FMI’s report on the paper tapes market offers comprehensive overview, covering growth drivers and restraints. Some of the key takeaways from the report are highlighted below.

Key Takeaways from the Paper Tapes Market Report

• The paper tapes market is expected to grow at 6.4% CAGR between 2020 and 2030
• Rubber based adhesive tapes are finding increasing applications across diverse industries due their low price and better adhesion
• Masking tapes will remain a highly sought-after product within the market
• Demand for paper tapes for packaging will continue to rise through the forecast period
• Sales of paper tapes in building and construction industry will continue to rise

“Paper tapes are considered viable packaging solutions, especially because of their recyclability. They are one-time use products. So when no longer useful, these tapes can be recycled into eco-friendly products. They are usually sold fast and are considered great investment by manufacturers seeking to fulfil packaging needs of consumers” said an FMI analyst.

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COVID-19 Impact Analysis

The COVID-19 pandemic has affected almost all sectors due to which demand for paper tapes has reduced significantly. The lack of goods transportation due to lockdown has decreased the need for paper tapes. Inadequate supply of raw materials too has affected the production. This is expected to cause decline in prices for paper tapes.

While industries such as automotive, packaging, and retail are likely to recover soon from their temporary period of lull, recovery in sectors such as building and construction is likely to be comparatively slower. This might hamper the overall growth of the market to an extent.

Who Is Winning?

The paper tapes market is fragmented with Tier 1 companies accounting for about 40-45% of the overall market. Market players are likely to focus on deriving material from renewable sources to make their products more appealing to consumers. Some of the key players in the market are Intertape Polymer Group Inc., Berry Global Inc., Advance Tapes International, Pro Tapes & Specialities Inc., PPI Adhesive Products, Specialty Tapes Industry, Shurtape Technologies LLC, Atlas Tapes S.A., PPM Industries S.P.A. and Can-Do National Tape.

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Valuable Insights Into The Paper Tapes Market

Future Market Insights (FMI) has presented in its report a detailed analysis about the paper tapes market and compiled an assessment for the years 2020-2030. In order to give a detailed understanding, the market has been divided into several segments.

In terms of product type, the market has been segmented into masking tape, packaging tape, consumer & stationary tape, and others. On the basis of end use, it is segmented into building & construction, automotive, retail & logistics, aerospace & defense, healthcare, electronics & electrical and general industries. Based on the feature type, it is classified into single sided and double sided.

In terms of adhesive type, the market is classified into rubber based adhesive, acrylic based adhesive and silicon based adhesive. On the basis of application, it is segregated into masking, packaging (sealing, bundling, fixing), general use (decorating, labeling, framing and others) and tabbing & splicing. On the basis of geography, the market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa.

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

As per a recent market analysis by Future Market Insights (FMI), the global padded mailers market are projected to total US$ 1.7 Bn in 2021. With sales growing at a 5% CAGR, the market valuation is forecast to reach US$ 2.5 Bn by 2031.

Padded mailers are manufactured using the thick sheets of paper or cardboard which is pasted inside the mailer. Corrugated material not only adds strength but also makes the product easy to handle, thereby enhancing the ease and convenience of padded mailers.

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Increasing applications of padded mailers in various sectors such as logistics & transportation, pharmaceuticals, food & beverages, electrical & electronics, automotive, cosmetics and personal care will continue boosting the market.

These products are used for shipping various products that are delicate in nature, such as jewellery, electrical and electronics products. They reduce the risk of damage as compared to traditional mailers owing to its thickness and toughness of the cardboard paper. The durability and excellent strength of the padded mailers are expected to fuel sales in the market in the forthcoming years.

Padded mailers can be easily recycled as they are manufactured using 100% plant-based material such as corrugated paper. Once the mailer has been used, it can be recycled again for using post-consumer recycled content.

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To improve sustainability, manufacturers are actively using the same material for cushions and envelopes. This has reduced recycling efforts for segregation of waste material. Driven by this, sales of kraft padded mailers are increasing in the ecommerce sector for delivering sustainable products like green and eco-friendly cosmetics.

Key Takeaways:

• On the basis of the material, sales of polyethylene (PE) padded mailers are projected to account for more than 50% of the total market share by 2031.
• Based on closure, the peel and seal segment is forecast to expand at a 5.7% CAGR between 2021-2031.
• In terms of end use, the manufacturing and warehousing segment is anticipated account for 40% of the total market share by 2031.
• The U.S. is expected to account for 87% of the North America market share over the forecast period.
• Demand in the U.K. market is forecast to hold 20% of the Europe market share by 2031.
• India will emerge as a lucrative market, creating and incremental opportunity of US$ 102 Mn over the assessment period.
• China is expected to account for a dominant share of the East Asia market, accounting for 90% of the market share by 2031.

 “Increasing demand for sustainable material-based packaging solutions, along with the expansion of the foodservice and ecommerce sectors are expected to boost the global padded mailers market over the forecast period,” says an FMI analyst.

Competition Landscape

3M Company, Intertape Polymer Group Inc., Sealed Air Corporation, PAC Worldwide Corporation, Polycell International Corp., Storopack Hans Reichenecker GmbH, Vereinigte Papierwarenfabriken GmbH, Pregis LLC, Jiffy Packaging, Proampac LLC are some of the leading players operating in the market. As per FMI, top 5 players are projected to hold 20-25% of the total market share over the assessment period.

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Leading players operating in the market are investing in research and development to launch sustainable padded mailers. Besides this, players are also investing in mergers, acquisitions, collaborations and partnerships to expand their production facilities. For instance:

• In June 2019, Sealed Air Corporation acquired MGM’s flexible packaging business. MGM is a privately held company that is headquartered in Manila, the Philippines. The acquisition will allow the company to expand its food packaging operations in Asia.

More Insights into the Padded Mailers Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for Padded Mailers, analysing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals market growth projections on the padded mailers based on material (kraft paper {white kraft paper and brown kraft paper}, polyethylene {HDPE and LDPE/LLDPE}, fibre-based), based on closure (self-seal and peel & seal), by end use (manufacturing & warehousing {pharmaceuticals, electrical & electronics, auto & allied, food & beverages, cosmetics & personal care, others} and across seven regions.

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