Market Research Blog – Page 15316 – New Product Development

Cold Chain Packaging Market to Record Growth at Over 14.5% CAGR through 2030

The demand for cold chain packaging solutions has increased significantly with the growing requirement from the food, beverages, and pharmaceutical industries. Growing consumer inclination toward cosmetics and personal care products has further fueled the sales of cold chain packaging.

According to the Future Market Insights (FMI), the global cold chain packaging market is anticipated to grow at over 14.5% CAGR during the forecast period between 2020 and 2030.

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The latest report by FMI provides a detailed analysis of the global cold chain packaging market, and its growth, scope, and potential during the forecast period between 2020 and 2030.

Key Takeaways

Phase change cold storage products such as plates, micro capsules, bags, and balls continue to witness high demand
Reusable packaging formats continue to outsell other variants
Polymer to exhibit hegemony for being the most preferred material in the manufacturing of cold chain packaging
The steady growth of the food industry will continue to create opportunities
US will continue to be a lucrative market globally
Germany, France, and China will witness steady sales through 2030

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“The growth of the cold storage packaging industry is gaining momentum with the surge in demand from the food & beverages industry. While the advanced cold storage packaging solutions are being devised by manufacturers, the rise in demand from pharmaceuticals industry is further fueling the sales of cold storage packaging. The steady growth of the pharmaceutical industry will complement demand from traditional channels,” says an FMI analyst.

Growing Food and Beverages Industry Spurring Growth

Cold chain packaging solutions are widely used in the food and beverages industry as they provide with the proper refrigeration during the transport and distribution of the food and beverages while preserving the quality.

During the height of the COVID-19 pandemic, as other industries witnessed waning demand, the food and beverage industry continued to post gains in many countries. Further, as supply chains relied on e-commerce, demand for efficient storage and packaging grew manifold.

Considering the change in status-quo brought about by the COVID-19 pandemic, it is likely that demand for cold chain packaging will continue to grow through 2020-2030.

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Who is Winning?

The key players in the global cold chain packaging market are experiencing fierce competition. In order to leverage the upcoming opportunities, they are started with launching diverse cold chain packaging solutions.

For instance,

Pelican Products launched its new range of cold storage packaging solutions such as NanoCool Instantly Cooled Parcel, Dry Ice Parcel, and others in the last year
Sonoco ThermoSafe launched its new extensive range of cold chain packaging solutions such as Durable Insulated Containers, Protective Cold Chain Packaging, and others in the last year

More Valuable Insights on Cold Chain Packaging Market

In the latest report by FMI, we offer an unbiased analysis of the global cold chain packaging market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030.

In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (pallet shippers, insulated containers, foam bricks, gel packs, protective packaging (foams sheets, etc.), phase change cold storage products (plates, micro capsules, bags and balls)), packaging formats (reusable packaging, disposable packaging),

material type (polymer, polyethylene, polypropylene, PET, EPS, polyurethane, others (extruded polyisocyanurate, etc.), metal, paper), end use (food (meat, poultry, and seafood, dairy products, fresh produce, bakery & confectionery), beverages (alcoholic beverages, non-alcoholic beverages), pharmaceutical, cosmetics & personal care, chemical, others), across six major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).

Pump and Dispenser Market Driven by Rising Demand from Homecare and Cosmetics & Personal Care Industries Surges

Favorable government policies and expansion of online presence by leading market players are enabling growth in the pump and dispenser market, finds Future Market Insights (FMI) in a new study.

Demand for pumps and dispensers has surged considerably in the last few months and the trend is likely to continue through near-term assessment period in response to the increasing sales of hand washes and spray sanitizers amid COVID-19.

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Pump and dispensers are usually used in packaging products like creams, lotions, sauces, shampoo, chemical products, face wash, body washes, cleaning products, skin care products, shower gel, and others. They reduce the chances of product wastage while dispensing and can be reused, making them sustainable options. Increasing demand for pump and dispensers for packaging and skin care is expected to propel growth in the market.

Key Takeaways from Pump and Dispenser Market Report

The pump and dispenser market is expected to grow at a CAGR of 4.3% between 2020-2030
East Asia is predicted to dominate the market due to increasing demand for food packaging, cosmetics and pharmaceuticals. Rising government initiatives to improve manufacturing is also expected to contribute towards market growth
Increasing sale of products on ecommerce websites has created lucrative opportunities for manufacturers
Demand from cosmetics & personal care segment will continue rising through the forecast period
Fluctuating raw material prices of high density polyethylene (HDPE) and polypropylene (PP) is expected to limit market growth

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“Consumers around the world are embracing packaging that offers superior functionality and dispensing solutions. This has been encouraging market players to focus on novel designs that offer better convenience and functionality while ensuring lesser wastage of products. For instance, Raepak and Aptar have developed a unique cap design that can measure the exact amount of liquid detergent dispensed in a single squirt,” says an analyst at FMI.

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted various industries including the pump and dispenser market. The lack of raw materials saw a decline in production. The market experienced a -0.4% CAGR during 2020. It is expected to rise at a moderate pace 2021 onwards due to increasing demand for soap dispensers and sanitizers due to hygiene concerns.

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Who Is Winning?

Companies operating in the market are focusing on developing technology and creating innovations to improve the production process. Some are even adopting more sustainable methods by using recycled materials. In 2019, Silgan Dispensing launched products created using post-consumer recycled (PCR) plastic, in order to improve sustainability and create an eco-friendly initiative.

Some of the key players in the pump and dispenser market are Nature Home Decor, Creative Home, Mason Jar Lifestyle, Perfume Studio, Toilet Tree Products, Youngerbaby, Rail, Hayward, Kleine Wolke, LOGAN, CJH, VCCUCINE and ZmOffers.

Valuable Insights into The Pump and Dispenser Market Report

Future Market Insights (FMI) has presented a detailed analysis on the pump and dispenser market with the inclusion of an assessment for the years 2020-2030. The market has been divided into several segments in order to provide an insightful analysis. On the basis of the product type, the market is divided into trigger pumps, lotion & cream pumps, mist spray pumps, bottle top, crimp dispenser, burette and others.

Based on the application, the market is divided into body lotions, hand care lotions, reagents, perfumes & deodorants, liquid soap, shampoos & conditioners and others.

The market is segmented based on material type into plastic, metal and glass. The plastic segment is further divided into polyethylene (high density polyethylene (HDPE) and low density polyethylene (LDPE), polyethylene terephthalate (PET), polyvinyl chloride (PVC),

polypropylene (PP) and others. On the basis of end use, the market is divided into cosmetics & personal care, homecare, pharmaceutical, chemicals & fertilizers, laboratories, automotive and others. The market is segregated based on geography into North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania.

Desiccant Bags Market Development Status, Competition Analysis, Type and Application 2028

Desiccant Bags – Market Introduction:

Desiccant bags are the flexible small pouches that are filled with the desiccant material. Desiccant bags are also called as moisture absorber bags. Desiccant material is a hygroscopic (a substance that can absorb moisture from air) material used in various applications such as food, electronics, shipping, medical devices, military, and automobile industry etc.

The desiccant bags absorb moisture in the packaging of the products which require to be protected from moisture which can cause corrosion and degradation. Desiccant bags maintains quality and shelf life of the packaged products. Desiccant absorbs humidity until they are inside the packet.

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The desiccant material is filled in the paper bag or sachet and after absorption of moisture the desiccant turns into gel. The demand for desiccant bags is expected to increase over the forecast period. Desiccant bags are used in almost every industry so the growth in any industry will increase the growth of the desiccant bags market. In shipping of sea cargo in closed containers, the desiccant bags are used in order to absorb the moisture.

Desiccant Bags – Market Dynamics:

The global market for desiccant bags is expected to grow significantly during the forecast period 2017-2025. The demand for desiccant bags is growing due to several reasons. Firstly, packaged food products are required to be fresh and free from moisture and hence desiccant bags are used in order to maintain quality and shelf life.

Desiccant bags are anticipated to witness high growth and preference among food brand owners, as active, smart, and intelligent packaging formats enjoy growing penetration in the market. Many regions, such as the Asia Pacific region are witnessing increased consumer preference for case-ready meals, due to the high rate of urbanization and changing consumer lifestyles.

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Thus, the desiccant bags market is anticipated to find lucrative opportunities in the FMCG market in these regions. Desiccant bags are used in military applications in order to prevent arms and ammunition from corrosion and degradation from moisture. Desiccant bags are used to control odour.

Despite the positive outlook, there are various factors which might hinder the growth of the global desiccant bags market. The desiccant bags if opened, pose the risk of dust exposure, which is known to cause nasal and throat irritation among people.

In addition, a strict protocol must be followed for the disposal of moisture controller sachets, as exposure of the absorbed moisture in the atmosphere might cause respiratory problems and diseases. Therefore, it is absolutely critical that desiccant bags manufacturers ensure proper labelling in the form of hazard warnings and instructions.

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Desiccant Bags – Market Segmentation:

Globally, the desiccant bags market can be segmented on the basis of desiccant material type, on the basis of capacity, on the basis of desiccant range, and on the basis of the application.

On the basis of desiccant material type, the desiccant bags are filled with different desiccant materials such as Silica gel, Calcium oxide, and Calcium sulphate.
On the basis of the capacity, desiccant bags are packed in a various capacity range less than 20 grams, 20 to 100 grams, 100 to 200 grams, 200 to 500 grams, 500 to 1000 grams and above 1000 grams.
On the basis of the application, desiccant bags are used in various applications such as food, electronics, shipping, military, and pharmaceutical packaging

Desiccant Bags Market – Regional Outlook:

Globally, the desiccant bags market has been divided into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), and Middle East & Africa (MEA) and Japan. Among these, the Asia-Pacific and European region are collectively supposed to dominate the desiccant bags market in terms of volume and value because of the increase in demand towards the product quality and shelf life.

Among these Asia Pacific and North America are the major drivers of the desiccant bags market and owing to high demand from food, pharmaceuticals, military, sea cargo shipping and electronics industry.

Desiccant Bags Market – Key Players:

Some of the key players of the Desiccant Bags market are Uline Inc., Tropack Packmittel GmbH, Desicco Pty Ltd., E. I. du Pont de Nemours and Company, Samauel Grant Packaging, Fuji Silysia Chemical Ltd., Desiccare, Inc. and others.

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 market segments such as geographies, application, and industry.

The report covers exhaust 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)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern 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.

Electronics Adhesives Market is estimated to expand at a healthy CAGR of more than 8% over the forecast period of 2021-2031

The increasing demand for electric vehicles across the globe is one of the key factors driving the global electronics adhesives market. As per analysis by Future Market Insights (FMI), the global electronics adhesives market is estimated to expand at a healthy CAGR of more than 8% over the forecast period of 2021-2031.

The automotive sector has witnessed notable growth in recent years, which is expected to continue in the coming decade, with the influx of electric vehicles and the incorporation of electronic systems in automotive models. Strong demand from the automotive and mobile and telecommunications industries is expected to fuel growth of the electronics adhesives sector. The demand for polyurethane adhesives is extremely high, will continue to hold a major market share over the next decade.

The demand for electronics adhesives is anticipated to increase substantially in the near future owing to the growing applications in consumer electronics, driven by the growth in population and rise in disposable incomes.

Factors such as miniaturization of existing electronics products in order to increase efficiency, the adoption of surface mounting technology over soldering and welding, the growing popularity of electric vehicles are factors which are shaping the prospects of the market for the forecast period. However, the high cost of installation for the production of manufacturing equipment is hindering the global electronics adhesives market.

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Key Takeaways from Electronics Adhesives Market Study

Polyurethane adhesives will hold dominant market share of over 50% through the end of 2031, owing to extensive use in automotive systems.
Electronics adhesive applications in the mobile and telecommunication sector is expected to reflect a 9.1% CAGR, owing to the widespread penetration of these technologies.
Increasing requirements for surface mounting technology as an alternative for welding and soldering has accounted for over 16% of the market in 2021.
Steadily increasing passenger vehicle production will drive growth in the U.S. It is expected to account for 82% of sales in North America in 2021.
China is the largest and fastest growing market for electronics adhesives holding 43% of the East Asia market due to its presence as an international manufacturing hub.
Germany holds the lead in the Europe electronics adhesives market with a valuation of US$ 359.7 Mn in 2021. Growth in Germany will be driven by the presence of well-established manufacturing facilities for automotive production.
India is emerging as a lucrative market owing to investments in the manufacturing and automotive sectors in.

“With competition increasing at a rapid pace, there is immense focus on expansion of production capacity and regional footprint. To achieve this, the market players are focusing on mergers and aquisitions,” says an analyst of Future Market Insights.

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Who is Winning?

The global electronics adhesives market has been identified as a moderately consolidated market, with the Tier-1 manufacturers accounting for a significant share of the overall revenues, particularly in North America and Europe.

Some of the leading players included in the report are 3M, Dymax Corporation, DOW Inc., Henkel AG & Co. KGaA, H.B. Fuller Company (Royal Adhesives & Sealants LLC), Evonik Industries AG, Sika AG, Bostik AG, ThreeBond, Shin Etsu Silicones, Konishi Co, LTD., TERAOKA SEISAKUSHO CO., LTD., and TOMOEGAWA, YAMATO Co., Ltd. which are anticipated to create a tough competitive environment at the global level.

Market Segmentation by Category

By Material Type

Polyurethane
Acrylics
Silicones
Epoxy

By Application

Thermal Management
Conformal Coatings
Encapsulation
Surface Mounting
Wire Tacking
Soldering
Underfills
Sealing
Constructional

End Use

Mobiles and Telecommunication Devices
Desktops and Networks
Televisions
Home Appliances
Automotive Electronics
Aerospace Electronics
Analytical & Measurement Instruments
Other Industrial

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Want to Know More?

Future Market Insights has published a market research report on the electronics adhesives market that contains global, regional, and 20+ countries’ industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the electronics adhesives market through four different segments- material, application, end use and region. The electronics adhesives market report further provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market along with a detailed overview of the parent market.

Textile Staples Market is set to grow at 4.9% CAGR through 2027- FMI

As per the latest study conducted by Future Market Insights (FMI), towards the end of 2027, the global textile staples market will reach a valuation of US$ 201,197.5 Mn, reflecting a moderate CAGR of 4.9%. The global market for textile staples, which is currently valued at over US$ 124,915 Mn is also projected to witness a steady rise in terms of value during the forecast period (2017-2027). Around 55,782 KT of textile staples is expected to be produced by 2017-end. It is estimated that the volume-wise growth of the global textile staples market will showcase 4.8% CAGR, with China and India making significant contributions to the market.

The FMI’s report titled “Textile Staples Market Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017 – 2027” has identified multiple factors influencing the global textile staple market throughout the ten years of the forecast period. In developed regions such as North America and Europe, manufacturers of textiles are shifting their focus from commodity goods to value added products. Therefore, manufacturing of generic textile products as compared to niche technical textile products is expected to slow down in the near future. In addition, the global market is anticipated to be majorly driven by growing application of technical textiles in large sectors such as construction and automotive. In emerging countries, rising disposable income is significantly boosting the market growth.

The report has also assessed that both production and consumption of synthetic fibre will soar in near future. Further, the demand for special textile materials and products which are manufactured primarily for specific applications have gained considerable traction in recent years. Application of such textile is increasing exponentially in automobile industry owing to their superior quality and technical capabilities.

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Global Market for Textile Staples- Forecast Highlights

Based on natural fibre textile staples, cotton is expected to account for the largest share of the market over the forecast period. The cotton segment is expected to create a total incremental opportunity of US$ 34,924.5 Mn between 2017 and 2027. Retailers are labelling their products as being environmentally friendly to gain a competitive advantage in the market.

By synthetic fibre, around 26,051.8 KT of polyester textile staples is expected to be produced by the end of the assessment period. Currently, polyester is the most preferred type of synthetic fibre for textile staples.

Towards the end of forecast period, application of textile staple in manufacturing apparels is projected to contribute nearly US$ 93,974.4 Mn. However, demand for textile staple from the automotive and construction sections will be robust in 2017 and beyond.

Among region, the Asia Pacific excluding Japan (APEJ) is expected to emerge as the largest market for textile staple over the forecast period. Growth in sectors such as automotive & transportation coupled with increasing spending power is primarily favouring the market’s growth in the region. Meanwhile, North America will retain is second spot and account for a sizeable share of the market over 2027.

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Competitive Dashboard

Key players in the market are laying emphases on R&D activities to enhance wear-ability of E-textiles, fabrics that enable digital constituents and electronics to be embedded in them.

E.I. Du Pont de Nemours and Company, Lenzing AG, International Fibers Group, Invista, Thai Acrylic Fiber Co. Ltd. (Aditya Birla Group), Toray Group, Chori Co., Ltd., W. Barnet GmbH & Co. KG, Cellulose Cotton Wool Corporation of India, Teijin Frontier Co., Ltd., Belgian Fibers SA, Grasim Industries Limited, Indorama Ventures Public Company Limited, Reliance Industries Limited, Synthesia, AS, The Woolmark Company are some of leading companies operating in the global textile staples market.

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Key Segments Covered

By Fibre Type

Natural Fibre
Synthetic Fibre

By Application

Apparel
General and Leisure
Sportswear
Interior Flooring
Medical
Upholstery
Automotive
Construction
Filtration

By Region

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

Carbonate Minerals Market is projected to exhibit a healthy CAGR during the forecast period of 2019 – 2029

Widespread usage of paper in the fast moving consumer goods (FMCG) sector boosts the growth of the paper industry, which eventually leads to escalation of demand for carbonate minerals that are used in manufacturing paper. Registering revenues of more than US$ 45 Bn in 2019, global carbonate minerals market is projected to exhibit a healthy CAGR during the forecast period of 2019 – 2029. Furthermore, carbonate minerals are used as both building materials and as an ingredient in cement. Flourishing construction industry is thus another major factor that creates positive prospects for the growth of carbonate minerals market.

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Key Takeaways – Carbonate Minerals Market Study

The paper industry, particularly for printing and writing paper, is found to be the largest user of carbonate minerals, which is either used as a filler or as a coating on paper.
The finishing characteristics of paper such as gloss, whiteness, and ink are determined by the combination of minerals used. The rise in usage of calcium carbonate in the manufacturing of paper for improving the finishing of paper is correspondingly enhancing the demand for carbonate minerals.
Carbonate minerals have extensive applications in the construction industry. These minerals are present in the form of components of the binding agent in aggregates, mudstones, sandstone, and coal.
Carbonate minerals are widely used in paints & coatings as they improve brightness and helps to improve reliability and consistency of the coating, resulting in increased demand over the forecast period.
Asia Pacific excluding Japan (APEJ) region is leading the carbonate minerals market by virtue of continuous growth in the building and construction industry in developing countries from this region like China and India.

While carbonate minerals market is primarily driven by demand from construction and paper & pulp industries, the preference towards using carbonate minerals in the paints & coatings is expected to increase the demand for carbonate minerals in the foreseeable future.

Carbonate Minerals Market Participant Insights

The market for carbonate minerals has remained competitive with the presence of giant players with expertise in advanced manufacturing. With the aim of sustaining their positions in the market in the long run, solidification of the supply chain in regions such as the Middle East & Africa, APEJ, and Japan will be the key strategy adopted by market participants. Furthermore, players give importance to compliance with quality standards for production, while catering to the specific demands from the end users.

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What Lies in Future?

The construction industry has witnessed considerable growth across the globe and this growth is expected to persist over the forecast period correspondingly supporting the growth in demand for carbonate minerals. Moreover, innovations and advancements in mining technology, especially in countries from the Middle East & Africa region, are creating new growth avenues for players in the global carbonate minerals market.

Carbonate Minerals Market Taxonomy

The global carbonate minerals market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Mineral

Calcite
Magnesite
Aragonite
Smithsonite
Dolomite

Source

Natural
Synthetic

End Use

Food
Paint
Plastic & Rubber
Paper & Pulp
Building & Construction
Agriculture
Glass

Region

North America
Latin America
Western Europe
Eastern Europe
Japan
APEJ
Middle East & Africa

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What Does the Report Cover?

A new market research report published by Future Market Insights (FMI) on the global carbonate minerals market includes global industry analysis for 2014-2018 and opportunity assessment for the 2019-2029. The report offers an insightful analysis of the global carbonate minerals market through five different categories – mineral, source, end use, and region. The carbonate minerals market report deliberates product usage in various industries, prevalent trends, and technologies. Along with this, comprehensive value chain analysis, pricing analysis, have been provided in this report.

Specialty Paper Market is expected to reach US$ 7.2 Bn in 2031

Specialty paper is used in packaging, printing and writing, and building and construction sectors. Their increasing application across diverse sectors can be attributed their moisture resistance, low-weight, waterproofing, cost-effective, and customizable characteristics. According to a Future Market Insights (FMI) report, the market is expected to surpass US$ 14.9 Bn in 2021, at a CAGR of 5.1% between 2021 and 2031.

Specialty paper is available as décor paper, kraft paper, thermal paper, and carbonless paper. Of these, its application for décor purposes accounts for maximum sales in the market. Also, specialty paper is non-reactant in nature which is suitable for food and beverage packaging.

In the past few years, specialty paper has gained immense popularity as it provides better aesthetics. The report foresees ample opportunities for manufacturers in the near future due to the rise in usage of the specialty paper in various sectors.

The expansion of the E-commerce industry means a rise in demand for packaging materials to ship products across the world. Specialty paper offers a wide range of packaging solutions to the e-commerce industry and to its logistics partners. Spurred by this, the demand for specialty papers is expected to surge in the near future.

Paper sourced from wood and wood pulp is considered to be environmentally-friendly, in comparison to plastic, which takes a longer period to decompose. Presence of untapped markets can provide lucrative opportunities for market players, especially those extending biodegradable offerings.

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Key Takeaways from Specialty Paper Market

Décor paper is estimated to hold nearly 2/5^th value share in the global market in 2021 and expected to expand by 240 bps by 2031 owing to increasing use in building and construction sector.
Kraft paper demand is expected to grow at 6.5% CAGR during 2021-2031. Increasing demand for sustainable bags and pouches will drive growth in the segment.
The U.S. will hold the lead in North America, accounting for more than 6 times the value share of Canada in 2021.
Germany, driven by the presence of leading market players will account for more than 22% of the Europe market will hold the lead in 2021.
Strong growth in the automotive and construction sectors will drive the China market, which is expected to account for more than 71% of the East Asia market value share by 2031.

“Specialty papers sales are surging on the back of rising application in the packaging industry. Focus on offering attractive packaging without hampering product quality will fuel demand for specialty papers. Their application also is expected to surge as a non-reactant material,” said a FMI analyst.

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Impact of COVID-19 on the Specialty Paper Market

The specialty paper market has been negatively impacted as sales slumped amid the COVID-19 pandemic. This can be attributed to restrictions imposed on operation and production activity in various end-use industries which directly affected market growth.

Disruptions in logistics and supply chains hampered market growth. The building and construction sector was also impacted by COVID-19 which contributed to the adverse impact on specialty paper.

Since the beginning of 2021, players operating in specialty paper market have tried to push sales by increasing production capacity while offering innovative products. Overall, the market for specialty paper is expected to rise at a faster pace during the latter part of 2021.

Who is Winning?

Tier 3 players in the specialty papers market hold 60-70% of the global value share. Global leaders in turn contribute to around 30-40% of the global market.

International Paper Co., Oji Holdings Corp., and UPM-Kymmene Oyj are the top players operating in the specialty paper market. Furthermore, Stora Enso Oyj, Nippon Paper Industries Co., Ltd, and Mondi plc. are some of the leading players in the specialty paper market.

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More Valuable Insights into Specialty Paper Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global specialty paper market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the specialty paper market based on product type (décor, thermal, carbonless, kraft, and other types) and end-use application (printing & writing, packaging, building & construction, industrial, and other commercial end-use) across seven regions.

Wood Preservative Coatings Market is set to grow at 4.9% CAGR by volume through 2027

The wood preservative coatings market in the U.S. is expected to be driven by the rise in the single family house building. Also, the consumers in the state are demanding engineered wood owing to its cost-effectiveness and reduction in the construction timelines. For instance, in April 2017, the University of Massachusetts Amherst (Umass) opened an engineered wood building, the first in the U.S. using a wood concrete floor system. The wood coatings, additives and adhesives play an important role in achieving the desired properties. It is expected that the wood structural systems for four-twelve story buildings would be dominant in the U.S., which will lead to an increasing demand for wood preservative coatings during the forecast period.

In April 2017, Trump administration announced to impose a tariff of 20% on the soft woods which enter the U.S state from Canada. Earlier, the trade between U.S and Canada were easy and not strict. In 2016, according to the U.S Commerce Dept., imports of the soft wood were about US$ 5.7 Bn. However, the recent change in the trade affair between the two countries is expected to impose barrier to the consumption of wood preservative coatings. The consumers in the states would have to pay more in building or renovating their homes, owing to this tariff imposition. Hence, it is expected that the wood preservative coatings market in North America is expected to grow at a steady growth rate of 5.8% Y-o-Y till 2018, after which it is expected to fall.

The high solid technology involves less solvent use and more solids, which is currently a prominent trend in the North American wood coatings market. Also, the low odor and high durable coatings are more preferred by the consumers in North American wood preservative coatings market.

The trend of usage of water-borne coatings is significant in the North America wood preservative coatings markets. The increasing awareness among consumers about the usage of eco-friendly coating products is prevailing. Also, the UV wood coatings are being used for industrial applications owing to its fast curing and high production efficiency.

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Global Wood Preservative Coatings Market: Segmental Forecast

Preservative coating type segment is further divided into the categories of water repellant, fire retardant and insect repellant, is expected to project a CAGR of 5.4% in terms of volume. In terms of value, fire retardant coating type segment is expected to project a CAGR of 6.0% during the forecast period. Stains, varnishes and shellacs, together account for 56% of the market share in coating type segment by 2017 end. Whereas, furniture segment is expected to decrease by 40 basis points in 2027 from 2017 to account for US$ 1,612.4 Mn by 2027 end.

The preservative coatings for the wood products are essential for increasing its life span. Among various preservatives, insect repellant is estimated to hold major share both in terms of value and volume owing to its inherent advantages of protection from decay. The borates, azoles, pentachlorophenol etc. type of insect preservatives dominate among others.

The fire retardant are the chemicals which are impregnated by pressure process to reduce the flame spread and smoke development, in order to improve the wood safety. The fire retardants in terms of value, is expected to expand at 6.0% CAGR during the forecast period.

The market for stains, varnishes type wood coatings is quite fragmented with the presence of domestic players. The demand for protective as well as decorative purpose influences the stains and coatings type wood coatings. Also, the sales of these coatings are majorly dependent on construction type. In terms of volume, the varnishes segment of the coating type is expected to expand at 5.4% CAGR during the forecast period.

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Key Segments Covered

The next section of the report includes analysis of the global wood preservative coatings market on the basis of region. The global wood preservative coatings market is segmented into seven key regions:

North America
Latin America
Eastern Europe
Western Europe
Asia-Pacific Excluding Japan
Japan
Middle East and Africa

The section that follows analyses the market on the basis of product type and presents the forecast in terms of volume and value for the next 10 years. System type of wood preservative coatings covered in the report are:

Solvent borne
Water borne

Another section included in the report is on the basis of coating type that analyses the market and presents the forecast in terms of volume and value for the next 10 years. Applications of wood preservative coatings covered in the report are:

Preservative
Stains
Varnishes
Shellacs
Others (Oil, Wax, etc.)

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Nonwovens Converting Machine Market Size, Share, Trends, Application Analysis and Growth by Forecast to 2020-2030

Global Nonwovens Converting Machine – Market Overview:In recent years, there has been an increase in the usage of packaging machineries. Nonwovens converting machine such as nonwoven bag making machine, nonwoven disposable wipe roll packaging machine, nonwoven face mask making machine, etc. are some of the machines which are gaining traction over the forecast period. Nonwoven conversion technology finds applications in a variety of market verticals.

Therefore, manufacturers of nonwoven converting machines focus on incorporation of various technologies and customization. There are a wide range of nonwoven converting machines available in the market, such as blank face mask masking machine, folded face mask masking machine, face mask elastic loop spot welding machine, auto outer earloop machine, and tie on mask machine, among others.

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Due to wide use of nonwoven converting machines in the textile industry, the outlook for the growth of the global nonwoven converting machines market, looks positive, for the next ten years. Also, it is anticipated that regions such as the Asia Pacific region will offer lucrative opportunities for growth of the global nonwoven converting machines market, during the forecast period 2017-2025.

Global Nonwovens Converting Machine – Market Dynamics:

Global nonwovens converting machine market is expected to grow significantly during the forecast period due to increasing preference for automation in the manufacturing process of various applications. In addition, the global nonwoven converting machines market is getting traction due to the increase in usage of this machines in textile, paper industry etc.

Furthermore, the main advantage of nonwovens converting machine is that it can produce the end product faster and with less production cost. Moreover, nonwovens converting machine faces the problems related to strict norms for the usage of these machines in textile and paper industry which requires wood as the raw material.

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Global Nonwovens Converting Machine Market – Regional Overview:

The global nonwovens converting machine market can be divided into seven major regions which are as follows

North America
Asia-Pacific excluding Japan
Latin America
Middle East & Africa
Eastern Europe
Japan
Western Europe

The market of nonwovens converting machines in North America region is expected to dominate over the forecast period 2017-2025. But being a mature market for packaging machinery like nonwovens converting machine, it is expected to witness lesser growth.

This market for nonwovens converting machine is then followed by Asia-Pacific and Europe as second and third most favourable market. The Middle East & Africa and Latin America region are also anticipated to witness substantial growth due to the preference for nonwovens converting machines in these regions.

Global Nonwovens Converting Machine Market – Key players:

Few of the key players in the nonwovens converting machines market are Ever Green Ultrasonic Co., Ltd., NCM Nonwoven Converting Machinery Co., Ltd., Catbridge Machinery LLC, Paper Converting Machine Company, Inc., Healthy Machinery Co., Ltd., Elsner Engineering Works, Inc., Chase Machine & Engineering, Inc., Advance Machinery Co., Ltd, KP Tech Pvt. Ltd., etc.

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The report covers exhaust 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)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern 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.

Global Nonwovens Converting Machine – Market Segmentation:

The global nonwovens converting machine market can be segmented by product type, machine type, and by end user industry.

On the basis of product type, the global nonwovens converting machine market is segmented into –

Nonwoven Bag Making Machine
Nonwoven Face Mask Making Machine
Die Cutting Presses
Nonwoven Clothes Making Machine
Others

On the basis of material type, the global nonwovens converting machine market is segmented into –

Automatic Nonwoven Converting Machine
Semi – Automatic Nonwoven Converting Machine
Manual Nonwoven Converting Machine

On the basis of end user industry, the global nonwovens converting machine market is segmented into –

Textile Industry
Paper Industry
Other Industries

Ripeness Indicator Labels Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2020-2030

Global ripeness indicator labels: Market IntroductionIncreasing traction for intelligent label solutions among food and beverages, pharmaceuticals, and electrical & electronics sectors, enables the manufacturers to focus on product development and technological advancement. Due to lack of cold chain facilities for fresh produce, massive amount of food is getting wasted globally.

Therefore, ripeness indicators labels provide a better solution to mitigate this problem. Ripeness indicator labels respond to the aroma released from the fruits as they ripen, giving consumers a convenient solution to determine the shelf life of the product. Ripeness indicator labels change colour to indicate the ripeness of fruit it contains. Moreover, ripeness indicator labelling packaging solution is expected to ring significant efficiencies to the fresh produce industry by reducing the wastage.

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The ripeness indicator labels change colour according to how fast the fruit ripens, changing the labels through a range of colours. Ripeness indicator labels offer a convenient solution to match the colour of the label according to eating preferences.

Global ripeness indicator labels: Market Dynamics

With global labels market worth over 40 Bn and anticipated to expand at a CAGR of over 5%, the demand for smart labels tends to drive the market share of ripeness indicator labels. Ripeness indicator labels market is growing on the backdrop of the food industry.

The key factor driving the market share of ripeness indicator labels market is the consumer preference towards sustainable packaging solution as ripeness indicator labels are recyclable. Ripeness indicator labels offer a convenient solution to consumers as consumers can choose and consume fruits according to their eating preferences.

Furthermore, ripeness indicator labels help in wastage reduction as the colour of the products indicates the ripeness of the product and the product can be timely consumed.

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Moreover, ripeness indicator labels offer an efficient packaging solution to the fresh produce industry, reducing wastage and eliminating the old selling process of loose, unripe products into bins, where the product is bruised or squeezed to determine the ripeness.

Ripeness indicator labels help consumers in determining the shelf life of the product thus accentuating the market share of ripeness indicator labels. Growing number of supermarkets, retail outlets, etc. propelling the market share of ripeness indicator labels. Also, the trend of shifting from unorganized sector to organized sector will increase market demand for ripeness indicator labels.

Despite the favourable conditions for the growth of ripeness indicator labels market, there are certain factors that hinder the growth, such as the use of plastic in manufacturing ripeness indicator labels.

Global ripeness indicator labels: Regional Outlook

Ripeness indicator labels market has been segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to dominate the overall market share throughout the forecast period due to an increased number of supermarkets and retail outlets in the region.

APAC region is anticipated to represent the high growth opportunity owing to the availability of low cost of raw materials in the region. The European region is expected to register significant market share over the forecast period due to increasing shipping and logistics sector in the region during the forecast period.

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Global ripeness indicator labels: Key Players

RipeSense is the world’s first intelligent ripeness indicator label, developed in New Zealand by Jenkins Group, in partnership with HortResearch. However, the ripeness indicator labels provides manufacturers to gain lucrative market opportunity during the forecast period.

The report covers exhaust 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)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern 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.

Global ripeness indicator labels: Market Segmentation

Ripeness indicators market is segmented on the basis of material type, thickness, printing technology type and region.

On the basis of material type, ripeness indicator labels market can be segmented into

Paper
Plastic
Polypropylene (PP)
Polyethylene (PE)
Polyvinyl (PVC)
PET
Others

On the basis of thickness, ripeness indicators labels market can be segmented into

Less than 40 microns
40 to 100 microns
100-150 microns
Above 150 microns

On the basis of printing technology type, ripeness indicator labels market can be segmented into

Digital printing
Flexographic printing
Offset printing
Others