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Parchment paper usage has caused a significant reduction in sales for clamshell boxes through the food industry. To decrease the global carbon footprint and its impact, key players have started adopting greener ways for working towards environment compliance.

Future Market Insights (FMI) predicts this trend to be extremely crucial for parchment paper market growth. As per its analysis, sales are expected to surge at 5.8% CAGR between 2021 and 2031. Thanks to expansion of food service sector, the market is forecast to surpass a valuation of US$ 1.6 Bn by 2031.

Parchment paper consumption has risen in the last decade through rising application in bakeries, restaurants, packed food, food deliveries, and take-away. Moreover, stringent environment rules are being applied across many countries to reduce dependency on non-biodegradable materials, combining all these, sales of parchment paper are anticipated to witness significant surge during the forecast period.

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FMI forecast has that the future demand and sales of parchment paper will be definite and will continue increasing. Factors such as increase in middle class family income, environmental regulations, convenience factor, coupled with advancements in recycling processes will exponentially increase the parchment paper sales globally.

Key Takeaways from Parchment Paper Market

• By product type, unbleached paper segment is ahead and leading the market. With its sustainability and recyclable nature, the segment is anticipated to hold more than 55% market share during the forecast period.
• On basis of basis weight, 40-60 GSM is most preferred in the market due to its durability, safety and hygienic properties. The segment is anticipated to increase 1.97 times during next 10 years.
• Among end users, ready-to-eat meal segment will witness an incremental rise of US$ 293 Mn, due to rise of disposable income of middle class families in emerging economies.
• Sales in the U.S. is expected to surge at a steady rate, accounting for over 75% of the North America market in 2021.
• While China is expected to remain the leading market in East Asia, thanks to expansion of food service sector, growth in South Korea will unfold at a greater pace.

“The consumption of ready to eat products and fast foods is rising globally. Increasing application in the food and food services has created opportunities for parchment paper manufacturers to maximize their sales. Increasing emphasis on safe and recyclable paper is anticipated to redefine the parchment paper market growth” says FMI analyst.

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Focus on Sustainable Packaging Solutions Augmenting Parchment Paper Sales

Parchment papers are primarily used to pack food products without hampering the product quality. Parchment paper as a packaging solution is the most efficient way of packing food products to be delivered or stored over a period of time without disrupting the shelf-life of the product.

In the last decade, the popularity of parchment paper has reached new heights. It has emerged at a convenient option for working families to store food. Technological advancement associated with parchment paper is one of the key factors that has raised the bar parchment paper as a packaging solution.

Benefits such as variance in size to cater to specific customer requirements and others are helping the market gain momentum. Manufacturers in bakery & confectionary and ready-to-eat meals segments have started to provide a variety for products which will attract busy and hectic lifestyle of millennials. Parchment paper has emerged as a flexible, sustainable, and convenient solution for packing a variety of food items.

The packaging industry is currently focusing on the reduction in using clamshell as a primary packaging source to reduce logistical costs. This growing adoption of parchment paper over clamshells is likely to strengthen the market growth during the foreseeable future.

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Impact of COVID-19 on Parchment Paper Market

Global crisis of COVID-19 pandemic had negative impact on the sales of parchment paper. Lack of availability of raw pulp and paper materials in paper mills has halted the manufacturing process of parchment paper. Lockdown in t regions such as Oceania, Europe, South & East Asia and North America has induced considerable impact on the manufacturing of parchment paper.

Also, supply chains were disrupted and strict guidelines led to a complete closure of manufacturing plants for months. In general, the sales for parchment paper nearly halted during the lockdown. But during the last few months of the year 2020, supply chains were restored and trade routes re-opened due to which target market has begun gaining traction.

Who is Winning?

Georgia-Pacific Corp., METSA Tissue, Ahlstrom-Munksjo Oyj. are the top players operating in the parchment paper market. Furthermore, Delfort Group AG, Cosmoplast, JK Paper, Nordic Paper and Kalpataru Papers LLP are also the noticeable players in the parchment paper market. The Tier 3 players in the market hold 70-75% in the global parchment paper market. In conclusion, key players contribute almost 25-30% of the global market.

Parchment Paper Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global parchment paper market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the parchment paper market on the basis weight (<40 GSM, 40-60 GSM, 61-80 GSM), product type (bleached and unbleached), and end use (bakery & confectionary, ready-to-eat meals, fresh produce) across seven regions.

According to a recent report by Future Market Insights (FMI), the global meat packaging market is estimated to grow by 1.6x during the forecast period, reaching a volume of 3.5 million tons in 2021. Growing consumption of fresh and processed meat products and developments in material and design will support long term growth.

The selection of clear packaging forms is gaining traction among meat packaging producers. Clear packaging has become increasingly popular owing to its functionality, especially with regards to promoting transparency in business, which is key to achieving faith and confidence among consumers.

Transparency of a package is extremely crucial in terms of product quality. The growing requirement for clear and genuine packaging is rising on a large scale, particularly in the food and beverages industry.

See-through packaging is accomplished by using films for superior gloss and excellent transparency. This additionally reduces prices for printing and labelling, as compared to opaque alternatives. Consequently, the appropriation of such packaging solutions is anticipated to expand the sales of meat packaging in the near future.

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Various advancements in technology and powerful automated production lines have opened possibilities for the meat packaging businesses. A recent development in the industry is high-pressure processing (HPP), which does not require heat while packaging meat products.

It is a post-processing method that uses cold pasteurization. In this procedure, packed meat products are placed within a tremendous level of isotactic pressure. The high-pressure processing technique is adopted for prolonging the shelf-life of the product. This innovative packaging system enables meat producers in supporting product differentiation from competitor offerings.

Key Takeaways of Meat Packaging Market Study

• Polyethylene (PE) plastics are gaining traction owing to their superior barrier attributes. The segment is forecast to expand by 1.7x of its current valuation, generating incremental opportunity of approximately US$ 2.5 Bn.
• Modified atmosphere packaging technology will account for more than 40% of the market share by the end of 2031. The demand for the technology will increase due to its aesthetic appeal and improved shelf-life.
• China will hold 42.3% of the East Asia market in 2021, driven by a vast non-vegetarian consumer base.
• Germany and Italy are exhibiting high growth potential, accounting for over 15% and 13% respectively, in the Europe market, driven by rising export activities.
• The U.S. will hold over 84% of the North America market, supported by a large consumer base and presence of a matured meat processing industry.

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Impact of COVID-19 on Meat Packaging Market

Meat packaging is gaining traction owing to benefits such as extended shelf-life and cost-effectiveness. COVID-19 has caused disruptions in several end-use industries because of which the meat packaging market was hurt in 2019.

The pandemic also caused disruption in supply chain and global sales. Most raw materials are sourced through imports. Raw supplies are dispatched to meat packaging producers and then to the merchants of various countries for business and shipping across the globe.

However, because of the extensive restrictions prompted by the pandemic across manufacturing plants, the meat packaging market has witnessed a slowdown in production and adoption.

The food and beverages industry will register impressive growth in the post-pandemic era, which will push the demand for meat packaging in the near future. Frequent investments into research and development is anticipated to boost sales by 2020.

Meat Packaging Market Landscape

The global meat packaging market is highly fragmented in nature. A larger portion of market share is held by domestic and local market players. Leading players in the sector are focusing on the expansion of production capacity, in addition to investing in tech improvements.

Some of the key players operating in the global meat packaging market are Amcor Plc, Berry Global Inc., Winpak Ltd., Sealed Air Corp., Mondi Group, Amerplast Ltd., Faerch Plast A/S, Bollore Group, Constantia Flexibles Group GmbH, Sonoco Products Company, Thantawan Industry Plc and Cascades Inc.

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Meat Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global meat packaging market, analysing historical demand from 2016-2020 and forecast statistics for 2021–2031. The study reveals growth projections on the meat packaging market on the basis of product type (fresh meat, processed meat, frozen meat), by meat type (beef, pork, poultry, seafood and others), by material (polyethylene, polypropylene, polyvinyl chloride, ethylene vinyl alcohol, others [polyvinylidene chloride, etc.]) and by packaging technology (modified atmosphere, vacuum skin, vacuum thermoformed, others [active packaging, etc.]) across seven regions.

Container liner sales will consistently increase driven by application across diverse sectors. In a study Future Market Insights (FMI) presents a positive growth forecast for container liner market at 4.7% CAGR between 2021 and 2031.

After a period of tepid sales amid restrictions imposed in response to COVID-19 outbreak, growth will gradually recover. Expansion of packaging and food industries will present lucrative prospects for growth over the coming years.

Container liner as a bulk packaging solution has gained immense popularity across the world. It is increasingly used for transporting bulk cargo safely from the one part of the world to another. These re-usable bulk container liners are used in shipping loose bulk cargo, which is yet to be filled inside the container to avoid tampering while transit.

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The availability of different types of container liners such as end fill to cater to specific industry requirements will emerge as chief growth driver. As per the report end fill and wide access container liners will remain highly sought-after.

The availability of container liners has addressed the demand for protective and safe packaging solution in agricultural, chemical and pharmaceutical industries.

In the last few years, manufacturers have been focusing on the use of recyclable materials such as Polypropylene (PP), Polyvinyl Chloride (PVC), and metallized films. This is intended to ensure that adverse effects on the environment are curbed.

Such steps taken towards introducing sustainable packaging solutions will bode well for the market.

Key Takeaways from Container Liner Market

• By material type, polypropylene material holds the dominant share of nearly 40% in the market.
• The U.S. has emerged as a key market, accounting for nearly 87.8% of the North America container liner market in 2021.
• After two consecutive years of marginal sales in 2020 and 2031, the U.K. market will exhibit 5.6% y-o-y growth by the next decade.
• Rising in demand in the pharmaceutical sector will support growth in Germany and France.
• Japan will emerge as an attractive market, driven by increasing application in the building and construction sector.

“Manufacturers are focusing on expanding their footprint globally. As a result there is high focus on strategic collaborations. Besides this, increasing emphasis on launching sustainable packaging solutions will drive growth in the market in the coming years.” says FMI analyst.

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Demand for Lightweight Protective Packaging Solution for Bulk Cargo

A new packaging trend of lightweight packaging materials and products is witnessed in the industrial packaging and shipping industry. All requirements of these latest trends are met by container liners used for packaging and transport of dry, liquid and granule form of bulk cargo.

The easy handling of bulk packaging solutions such as container liner, which are easy to store and flexible since it can be folded and can be packed in small sized packs will aid its application. The easy to carry packaging and less space consuming attributes of container liner make them easy to be shipped from manufacturers to end users in a cost effective way.

Container Liner Market Landscape

Berry Global, Inc. and Grief, Inc., are the top players operating in the Container Liner market. Furthermore, LC Packaging International B.V., and Display Pack, Inc., are some of the leading players in the container liner market. Key players contribute almost 30-35% of the global market.

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Container Liner Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global Container Liner market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the Container Liner market on the basis of material type (Polypropylene, Polyvinyl Chloride, Polyethylene, Metallized Film and Others), capacity type (20 foot, 30 foot, 40 foot), product type (End Fill, Open Top, Top Fill, Wide Access and the  end-use (Agriculture, Chemical, Building & Construction, Mining, Food & Beverage, Pharmaceutical sectors) across six regions.

Corrosion protection tapes are surface protection tapes infused with anti-corrosive materials which are covered around metal components suitable for wide-ranging usage in various industries. According to a new Future Market Insights (FMI) report, the corrosion protection tapes market is set to grow at a 4.5% CAGR.

Corrosion protection tapes protect metal surfaces against corrosion and UV rays. These products offer various features including water resistance, easily applicability, and high shear resistance on welded joints and bends.

Also, corrosion protection tapes are cost-effective as compared to other adhesive alternatives which led to higher user adoption in the industrial sector. In recent years, corrosion protection tapes are gaining popularity due to high adhesive strength and excellent resistance to rust.

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The sales and consumption of corrosion protection tapes is estimated to increase owing to the expansion of industries such as chemicals, automobiles, and building & construction in next decade.

Benefits offered by corrosion protection tapes include excellent electro insulation, flame retardant properties, and temperature resistance, which is projected to experience significant demand in the global market.

Key Takeaways from Corrosion Protection Tapes Market

• PVC is a high-strength thermoplastic material that is widely used for making anti-corrosion tapes. It is estimated to lead the market accounting for more than 50% by the end of 2031.
• The building and construction segment is expected to offer an incremental opportunity of US$ 216 Mn in the next decade, with fitting and sealing applications supporting growth.
• Germany and the U.K have emerged as major markets in Europe, supported by the availability of production facilities, accounting for 14.4% and 13.5% of the market in 2021.
• The U.S. accounts for 84% of the North America market, driven by robust supply chains in the industry.
• China holds the lead in East Asia accounting for more than 63% of the region on the back of a burgeoning construction sector.

“Market leaders and small-scale manufacturers in the corrosion protection tapes market are likely focusing on expanding production capacities and presence in emerging economies. Industrialization recorded in emerging nations, will creative attractive opportunities for corrosion protection tapes sales,” says an FMI analyst.

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Impact of COVID-19 on Corrosion Protection Tapes Market

Amidst the COVID-19 pandemic, the corrosion protection tapes market went through a moderate slump as demand for corrosion protection tapes is largely derived from industrial sectors like building and construction, automobile, chemical, and others.

Rigorous lockdown in several regions including North America, East and South Asia, and Europe has created a negative impact on these industries in terms of demand and supply. Lesser demand generation for corrosion protection tapes was witnessed amid the COVID-19 period.

Recovery from the current pandemic is anticipated to maximize the sales of corrosion protection tapes in the years to come.

Who is Winning?

3M Company, Nitto Denko Corp., and Berry Global Inc. are the top players operating in the corrosion protection tapes market. Furthermore, include Shurtape Technologies, LLC, Coroplast Fritz Müller GmbH & Co. KG, W. W. Grainger, Inc., Scapa Group plc are some of the leading players in the market.

Tier 3 players include DEHN + SÖHNE GmbH + Co. KG., PSI Products GmbH, and VANOS S.A hold 70-75% of the global corrosion protection tapes market share. In conclusion, key players contribute almost 25-30% of the global market.

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Corrosion Protection Tapes Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global corrosion protection tapes market, analysing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the corrosion protection tapes market based on material (poly vinyl chloride (PVC), polyethylene (PE), polypropylene (PP), and rubber) and end-use (building & construction, chemical, electrical & electronics, automobile, aerospace & defence, marine, and others) across seven regions.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

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

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

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

Key Takeaways

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

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

Covid-19 Impact Analysis

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

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

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

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Competitive Landscape

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

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

More Insights on FMI’s Time Temperature Indicator Labels Report

Future Market Insights in its latest report offers a detailed analysis of the global time and temperature indicator labels market covering historical demand from 2015 – 2019 and forecast data for the period between 2020 and 2030. The study covers projections of growth in the market in terms of product type (color only based and barcode based), label information (critical temperature indicators, critical time temperature indicators, and time temperature indicators), technology (microbiological, diffusion, polymer-based, photochemical, enzymatic, and others), and end use industry (pharmaceutical, food & beverage, chemical & fertilizers, and others), across seven key regions.