Market Research Blog

The demand for blister packaging is set to reach 5.18 thousand tonnes in 2021, according to a new study by ESOMAR-certified market research and consulting firm, Future Market Insights. Higher preference for blister packaging over carton boxes in pharmaceutical industry continues to fuel demand primarily. Blister packaging sales are also complemented by growing demand from food, consumer goods, and veterinary industries.

While the steady growth of pharmaceutical industry is pushing the demand-supply curve upward, various guidelines for pharmaceutical packaging are further catalyzing the growth of blister packaging manufacturers. For instance, as per the FDA guidelines, pharmaceutical packaging must have features that prevent mix-ups and cross-contamination, specify procedures for examining packaging for suitability before packaging operations. Blister packaging fulfils all these criteria and hence it has high demand in the pharmaceutical sector.

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According to the India Brand Equity Foundation (IBEF), India is the largest provider of generic drugs globally, while Indian pharmaceutical sector supplies over 50% of global demand for various vaccines, 40% of generic demand in the U.S. and 25% of all medicine in the U.K. Although pharmaceutical sector holds major pie of value share in the global market, consistently increasing demand for blister packaging is also attributed to its cost-effectiveness.

According to Future Market Insights (FMI), the future growth outlook for global blister packaging market seems promising as expenditure on healthcare and pharmaceutical across the globe is on significant surge.

Key Takeaways from Blister Packaging Market Study

• Carded blister packaging remains lucrative, capturing over 55% share
• Pharmaceutical segment to maintain the lead in terms of end use, holding over one-third share
• High demand for thermoforming technology in manufacturing blister packaging to fuel sales
• By material, plastic and aluminium collectively projected to hold over 75% of market share
• The United States to remain at the epicentre, holding over 84% market value
• The United Kingdom, Germany, France, China, and a few others to emerge lucrative for the suppliers

“Leading manufacturers operating in the global blister packaging market are consistently enhancing blister packaging format by incorporating advanced packaging technologies such as thermoforming and cold forming. Furthermore, the rise in demand for blister packaging with high barrier film for excellent air, moisture, and light resistance is expected to further propel the growth of the blister packaging manufacturers in the near future,” says an FMI analyst.

Pharmaceutical Industry Growth Key to Blister Packaging Sales

Blister packaging being predominantly used for air tight packaging, sealing, and storing of medicines such as tablets and capsules which are in the form of unit dosing, has high demand in the pharmaceutical sector. While the consumer preference for single serving of the medicines is raising the requirement of blister packaging, the exponential growth of the pharmaceutical industry is further catering to it.

The United States is the largest market for biopharmaceuticals, accounting for around a third of the global market, and is the world leader in biopharmaceutical R&D. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), U.S. firms conduct over half the world’s R&D pharmaceuticals (US$ 75 billion) and hold the intellectual property rights on newer medicines. These figures represent high demand for blister packaging in pharmaceutical industry which in turn is fuelling the sales of the manufacturers.

Blister Packaging Market by Category

Product Type

• Clamshell
• Carded

Technology Type

• Cold Forming Technology
• Thermoforming technology

Material Type

• Plastic
  • PVC/Vinyl
  • PET
  • PE
  • Others
• Aluminum
• Paper & Paperboard
• Others

End Use

• Food
• Pharmaceuticals
• Veterinary and Nutraceuticals
• Medical Devices
• Electronics & Electricals

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Competitive Landscape

The blister packaging market is getting tougher in terms of competition experienced by the key players. In order to leverage the new opportunities, the key market players are focusing on launching better quality products. For instance,

• Constantia Flexibles Group GmbH unveiled its new blister packaging solution named “Flexible Blister Packaging Solution” which runs on conventional strip packaging equipment and has similar barrier protections to that of traditional blister packaging despite having flexible film on both sides in 2019
• Honeywell International Inc. launched its new Aclar Accel®, which is a new thermoformable barrier film for pharmaceutical packaging that provides faster service to companies at a lower cost while maintaining patient safety through increased protection for medicines in February, 2019

Some of the other prominent players in the blister packaging market are Sonoco Products Company, WestRock Company, Rohrer Corporation and Winpak Ltd. The Tier 3 players in the market hold 70-75% of the share while the key players contribute almost 25-30% of the global market.

 

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Aerosol packaging has emerged as a preferred rigid packaging format that finds daily use among consumers. The rising demand from industries such as personal care & cosmetics, food & beverages, pharmaceuticals, and others will continue driving the aerosol packaging market. According to Future Market Insights (FMI), the aerosol packaging market will surpass US$ 6.72 Bn by 2021.

Aerosol packaging consists of various features which increase their attractiveness. They are light in weight, cost-effective, temperature resistant, and offer extended product life. Aerosol packaging is available in different materials such as aluminum, tin-plated steel, plastic, and glass.

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Over the past few years, aerosol packaging is gaining popularity due to the rising use of personal care & cosmetic products. Also, with the rising concern about cleanliness is driving the sales of homecare sprays, which is ultimately bolstering the growth of aerosol packaging market.

Future Market Insights forecasts that there are ample opportunities for the manufacturer of aerosol packaging in the coming future due to the rise in usage of aerosol packaging in various sectors. The growth of aerosol packaging seems lucrative across various regions.

The expansion of personal care & cosmetics industry will remain chief growth driver in most regions. FMI has forecast over 40% of aerosol packaging to be sold in the sector in 2021.

Aerosol Packaging Market by Category

Product Type

• Cans
• Bottles & Cylinders
• Jars

Material

• Aluminum
• Tin Plated Steel
• Plastic
• Steel

Cap Type

• Actuators
• Trigger Sprayer
• Fine Mist Sprayer
• Other Dispensing Caps
• Personal Care & Cosmetics
• Food and Beverages

Key Takeaways from Aerosol Packaging Market

• Driven by increasing application in personal and home care industries, aerosol packaging market will expand at 4.8% CAGR between 2021 and 2031
• High spending power will support growth in the U.S., enabling it to spearhead North America, as it continues to account for over 80% sales through 2031
• The U.K. will emerge as a highly lucrative pocket for sales within Europe, exhibiting 2.9% y-o-y growth in 2021 after a period of suppressed sales in 2020
• Germany and France will remain other attractive markets for aerosol packaging in Europe
• Expansion of personal care and beauty industry will stoke sales in Japan and South Korea

“Manufacturers have been focusing on customizing designs to cater to dynamic consumer requirements. There also is immense focus on make their products more recyclable to offer greater sustainability” says FMI analyst.

Rise in Demand for Aerosol Packaging in Homecare Sector

Aerosol packaging for homecare sector includes sprays used for cleaning, fragrance sprays, and others. The rising concern for health has resulted in the increasing use of various products to keep the home and workplace clean. These homecare sprays are made up of aluminium, tin-plated steel, or plastic material along with different cap types attached to them.

Moreover, these sprays are easy to use and they help cleaning the surface without worrying about the product temperature or life. Aerosol packaging used for homecare products are cost effective and easy to handle, store, and transport. On the back of these factors, the market for aerosol packaging is estimated to expand during the forecasted period.

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Who is Winning?

Ball Corporation, Crown Holdings, Inc., and Berry Global, Inc. are the top players operating in the aerosol packaging market. Furthermore, Silgan Holdings Inc., CCL Industries Inc., Aptar Group Inc., are some of the key players in the aerosol packaging market. The Tier 3 players in the market hold 60-65% in the global aerosol packaging market. In conclusion, key players contribute almost 35-40% of the global market.

Aerosol Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global aerosol packaging market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the aerosol packaging market on the basis of product type (cans, bottles & cylinders, and jars), material (aluminum, tin plated steel, plastic, and glass), cap type (actuators, trigger sprayer, fine mist sprayer, and other dispensing caps) and end-use (personal care & cosmetics, food & beverages, homecare, and other industries) across seven regions.

 

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

In a recent market survey, Future Market Insights (FMI) has projected the demand in the security bags market to grow by 8% CAGR between 2021 and 2031. The overall security bags market size is expected to total US$ 419 Mn in 2021. Growing public sector investments in the development of secure packaging solutions are expected to push sales of security bags over the assessment period.

Amid the COVID-19 outbreak, sales of security bags gained traction, exhibiting year-over-year growth at 8.3% between 2020 and 2021. Security bags were widely being adopted for secure handling and transport of novel drugs and vaccines to contain the market, which in turn propelled sales of security bags in the pharmaceutical sector.

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This trend is expected to continue in the forthcoming years, as several countries are still bearing the brunt of the COVID-19 pandemic. Growing demand for security bags for no-contact delivery of pharmaceuticals and other non-essential goods delivered through eCommerce is expected to bode well for the market.

Apart from this, increasing adoption of security bags in financial institutions such as banks and credit unions will continue augmenting growth of the market. Tamper-proof security bags are ideal for transferring and storing cash and coins, as thieves can’t steal the contents without leaving any trace.

Rising demand for sustainable security bags in hotels and casinos is compelling manufacturers to launch new variants of security bags made of recyclable materials. Consumers are increasingly preferring recyclable packaging solutions to reduce their carbon footprint as a part of their social responsibilities. This is expected to create lucrative opportunities for existing players and new entrants in the global security bags market.

“Increasing applications of security bags for safe handling of crime scene evidence in forensics and government organizations, coupled with growing demand for durable packaging in the eCommerce sector, will continue fostering growth of the market through 2031,” says an FMI analyst.

Key Takeaways:

• Demand for plastic security bags is expected to remain high, owing to durability and optimal protection offered by plastic materials such as PVC and LDPE.
• In terms of application, the pharmaceutical distribution segment is expected to account for a dominant share of the global security bags market.
• Based on product type, opaque security bags will remain most preferred, due to their diverse applications in various end-use sectors.
• Applications of security bags in financial institutions will continue gaining traction, owing to growing preference for reliable and sustainable packaging solutions.
• The U.S. will continue exhibiting high demand for security bags. Sales of security bags in the North America region are expected to expand at a 7.6% CAGR through 2031.
• The U.K. will emerge as a lucrative market, with demand for security bags growing at a 7.1% CAGR in the Europe market.
• China is expected to command lion’s share of the East Asia security bags market over the forecast period.
• Japan and South Korea will account for 14% and 9% of the East Asia security bags market share in 2021.

Security Bags Market by Category

By Raw Material Type:

• Plastic
• Paper
• Fabric

By Product Type:

• Opaque
• Clear

By Application:

• Cash/Coin Deposit Bags
• Strap Bags
• Card & Dice Bags
• Evidence Bags
• Pharmaceutical Distribution Bags

By End-Use:

• Financial Institutions
• Hospitals
• Casinos
• Hotels
• National Retail Companies

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Competitive Landscape

Ampac Holdings LLC., Coveris Holdings S.A., Mega Fortris, KOROZO Ambalaj San.ve Tic A.S., and Harwal Ltd. are among the key players operating in the global security bags market. As per FMI, top 5 players in the security bags market are expected to account for 10-15% of the total market share in 2021.

Key players operating in the global security bags market are investing in research and development to improve their product portfolios by offering sustainable security bags. Apart from this, players are also investing in mergers, acquisitions, collaborations to expand their global footprint. For instance:

• In July 2021, ProAmpac, a global leader in flexible packaging and material sciences, acquired Euroflex, an Ireland-based flexible printing firm that develops films, lamination, tamper-proof security bags, and pouching packaging solutions.
• In November 2019, Korozo acquired Vitra NV and Creavit NV. Vitra NV is a Belgium-based packaging firm that specializes in thin films packaging, labels, security bags, and small-sized bags for transit and postal services. Creavit NV is an in-house design and pre-press department owned by Vitra.

More Insights into the Security Bags Market Report

In its latest report, FMI offers an unbiased analysis of the global security bags market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of raw material type (plastic, paper, and fabric), product type (opaque and clear), application type (cash/coin deposit bags, strap bags, card & dice bags, evidence bags, and pharmaceutical distribution bags), and end-use (financial institutes, hospitals, casinos, hotels, national retail companies, government organizations, courier service companies, and academic institutions) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights (FMI), in its new study, outlines the growth prospects of the sachet packaging market for the forecast period, 2021-2031. According to the report, worldwide sales of sachet packaging reached 999 billion units in 2021, equaling revenues worth US$ 8.7 Bn.

On-the-go culture continues to attest the convenience quotient of sachet packaging over other formats, which is further backed by a sizeable number of FMCG manufacturers who are opting for sachet marketing as a winning strategy. However, emergence of alternative flexible packaging solutions, such as stick packs or pouches, remain the potential threat to the growth of sachet packaging market as they require relatively less raw material.

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“Launching small-sized, one-time use product sachets has helped brands survive the retail revolution over the recent years. With technology innovations in packaging machinery are making a strong attempt to overcome the longstanding drawbacks facing the packaging industry, such as poor productivity, the FMI study finds that sachet packaging is rapidly emerging as a way to increase profit margins, as it requires lesser volumes to be filled in packages”.

Opportunities in Pharmaceutical Packaging Hinting Positive Prospects

The sachet packaging market is likely to expand at a CAGR of ~5.8% over the course of next eight years. First-time buyers have been the primary target for manufacturers selling products in small-sized sachets, according to the report. Furthermore, as modern consumers continue to develop interest in functional packaging, several brands are incorporating sachet packaging into their product marketing strategies, emphasizing increased number of trials and promotions.

Opportunities abound for sachet packaging market players in low-income countries, as retailers in these nations are adopting the small packaging trend over bulk packaging, target untapped consumer population. A growing focus of companies on increasing accessibility and affordability of products to ultimately penetrate new markets, has been significantly favoring the demand for sachet packaging.

Growth prospects of the sachet packaging market, as the report opines, are high in developing countries of Asia Pacific, accounting for one-third share of the total revenues. The growing importance of single-serve packaging among consumers for a multitude of products, especially cosmetics, personal care, and FMCG, has enabled market players to firm up within the region. Lighter, portable, and cost-effective nature of sachets continue to make sachet packaging an attractive proposition for the low-income consumers as well as young and active millennials.

According to the study, single-unit-use of sachets for pharmaceutical products is emerging as an effective way to overcome challenges posed by shorter shelf life or inaccurate doses. With increased healthcare expenditure and growing need for effective packaging which are child-resistant and senior-friendly, sachet packaging will have more ground to cover in the pharmaceutical sector. Sensing the potential growth opportunities, market players are focusing on investing in pharmaceutical machinery for sachet packaging format to facilitate ease of use and improved medicine management.

Key Segment

By Material Type

• Plastic
  • Polyethylene
  • Polypropylene
  • PET
  • Polyamide
  • Others
• Paper
• Aluminum Foil
• Others

By Pack Size

• 1 ml – 10 ml
• 11 ml – 20 ml
• 21 ml – 30 ml
• Above 30 ml

By Packaging Machinery

• Vertical Form-fill-seal Machines (VFFS)
• Horizontal Form-fill-seal Machines (VFFS)

By Application

• Food
  • Sauces & Jams
  • Spice & Condiments
  • Tea & Coffee
  • Others
• Personal Care & Cosmetics
  • Shampoo & Conditioners
  • Face packs & Gel
  • Hair Oil
• Pharmaceuticals
• Industrial
• Sealants & Adhesives
• Lubricants & Solvents
• Tobacco

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Sachets – The Culprit of Waste Filling Oceans?

The study identifies restraints that could possibly create a hindrance in the growth of sachet packaging market. Single unit packages give access to high quality products at low prices and allow brands to gain significant profit and market share. However, they have become a waste nightmare, filling landfills and oceans. Several ‘zero-waste’ groups have been promoting innovative solutions to brands to replace sachets, while huge section of demographic in developed regions in North America and Europe continue to prefer bottles and large pack sizes.

FMI’s analysis further provides an incisive outlook of the competitive landscape, including discussions on the winning imperatives of the market players. In addition to expansion of existing capabilities, a number of stakeholders are following the strategy of consumer retention by offering customized solutions for product filling and management.

 

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Driven by their industrious applications in heavy engineering operations, masking tapes are highly sought-after components in automotive, construction, aerospace, and other industries. As per a new study by Future Market Insights (FMI), the masking tapes market is set to exhibit 3.9% CAGR in 2021, as operations across industries resume post prolonged lockdown amid COVID-19.

Masking tapes developed to withstand high temperature are increasingly used for safety of automotive engines that easily tend to overheat. Against this backdrop, rising car sales are creating lucrative prospects for masking tape sales. Besides this, their increasing application in customization of vehicle will push growth of the market in the coming years.

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Improving applicability of masking tapes, thanks to recent innovations will cause increasing demand from building and construction industry. Rising spending on infrastructural development will, therefore, make emerging countries lucrative pockets for masking tapes sales. This trend however might be curtailed in near-term assessment period, as the industry struggles to cope with the unprecedented economic implications of COVID-19 outbreak.

Likewise, declining automotive sales could hamper growth of the market in 2020. Nonetheless recovery is on cards with countries resuming normalcy post extended period of lockdown. FMI presents an executive-level account of trends prevailing in the market in a new study.

Key Takeaways from Report 

• By 2030, overall value of masking tapes market will reach US$8.06 Bn
• In 2020, nearly 66.9% of materials used in masking tapes production were paper
• More than 90% of masking tapes sold worldwide are single-sided and over 50% sold have rubber-based adhesive
• Masking tapes are more commonly used in painting applications, which is expected to surge at 4.7% between 2020 and 2030
• Building and construction applications will continue rising. In 2020, the industry exhibited maximum demand for masking tapes

“Through 2030, nearly 40% of masking tape applications will be attributed by building and construction sector. This is one sector that will have exclusive attention from market players. Companies are expected to launch cost-effective masking tapes and go-to tapes to offer industrial masking solutions. In line with soaring focus on environment, some of them, including Monta, have launched compostable tapes. This will create ample growth opportunities for the market,” said a lead analyst at FMI.

Sustainability Holds Immense Potential

In 2015, the member states of the United Nations adopted the 2030 Agenda for Sustainable Development that offered a shared plan for achieving sustainability based on five pillars: prosperity, planet, people, partnership, and peace. The agenda specified various principles and corresponding steps to be adopted by government, individual companies, and other associations to ensure sustainable development in the coming years. This has encouraged various companies, including masking tape manufacturers to adopt sustainability goals and adhere to eco-friendly production.

The year 2020 witnessed several launches in the sustainable category. For instance, addressing the need to offer sustainable solutions, a renowned German manufacturer and one of the leading adhesive tape suppliers, Monta has launched monta biopack, which is a new self-adhesive tape. According to the company, the tape is made from roughly 90% renewable resources.

With an increasing number of companies joining the sustainability bandwagon, masking tapes market will have novel drivers to capitalize on in the near future.

Masking Tapes Market Key Segment

By Backing Material Type

• Foam
• Glass Fiber
• Foil
  • Aluminium Foil
  • Lead Foil

• Paper
  • Crepe Paper
  • Washi Paper
  • kraft Paper
  • Flatback Paper
• Plastic
  • Polymide(PI)
  • PVC/Vinyl
  • Polyethylene Terephthalate/Polyster
  • Fluropolymer

By Product Type

• Single Sided
• Double Sided

By Adhesive Type

• Silicon-based Adhesive
• Acrylic-based Adhesive
• Rubber-based Adhesive

By Application Type

• Painting
• Planting
• Abrasive Blasting
• High Temperature Application
• Thermal Spraying
• General Use

By End-use

• Automotive
• Building & Construction

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Who is winning?

Some of the leading companies operating in the market are PPI Adhesive Products (C.E.) s.r.o., 3M Company, Shurtapes Technologies LLC., Intertapes Polymer Group Inc., Nitto Denko Corp, tesa SE Group, Ahlstrom Corporation, Saint-Gobain Performance Plastics Corporation, PPI Adhesive Products (C.E.) s.r.o., Berry Global Group Inc. Competition within the masking tapes market is expected to intensify in the coming years as companies engage in race of launching new products with greater performance.

For instance:

• Kite Packaging launched four new packaging tapes to strengthen its existing range of tapes in 2019
• Gascogne Flexible expanded its portfolio in 2020 with the launch of a new range of reinforced,  siliconised, and unbleached kraft laminate, called GASCOFORCE 826

Valuable Insights into Masking Tapes Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global masking tapes market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the masking tapes market based on backing material type (foam, glass foil, paper, plastic), product type (single sided and double sides), end-use industry (automotive, building and construction, aerospace, general industries, and others), adhesive type (silicone based adhesive, acrylic based adhesive, rubber based adhesive), and application (painting, planting, abrasive blasting, high temperature application, thermal spraying, and general use) across seven regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa.

 

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Global bulk container packaging sales are set to grow at 3.1% in 2021, up from a modest 1.8% growth witnessed in 2020, according to latest insights presented by Future Market Insights (FMI). Bulk container packaging demand remained lackluster in 2020, mimicking the broader sluggishness in global economy. However, as revival commences, bulk container packaging manufacturers can expect sales to grow, albeit reaching pre-COVID levels will take some time.

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Key Takeaways

• Bulk container packaging market is estimated to expand ~1.6 times of current market value through 2031
• Bulk container segment is expected to hold more than 4/5^th value share; flextanks segment catching up
• Increasing preference for easy to carry containers bolstering demand for plastic bulk containers
• Industrial chemicals segment to hold nearly 45% value share
• China to emerge as a highly lucrative market, contributing nearly 30% of the revenue share by 2021-end

 “Bulk containers are gaining traction day by day in chemical and food & beverage and owing to the increasing demand for flexitanks for transporting non-hazardous chemicals and food ingredients, also penetrating transportation process.” says an FMI analyst.

Safety Concerns in Chemical Industry Amplifying Demand for RIBC (Rigid Intermediate Bulk Containers)

Rigid IBC (RIBC) is made of a plastic bottle, a metal cage, and a spout for easy emptying process of materials, which is mainly used during transportation. The well-built plastic liner inside the container helps in keeping the respective products safe while transporting and the metal cage makes the container sturdy enough to be stacked. The rigid IBC mainly carries liquids and is optimized to prevent the respective product from spilling at the time of transport.

RIBC manufacturers are adopting business strategies for the development of innovative products to boost the growth of the RIBC in the market. Many players have invested in producing technically advanced containers for the sake of products safety. Companies have produced tracking-enabling system-equipped bulk containers to allow customers to know the status of their respective products directly. Some key players involved in R&D activity of RFID enabled IBCs are CHEP (U.S.A.) Inc, Metano IBC Services, Inc, Hoyer Group etc.

Key Segments

Product

• Flexitanks
• Bulk Containers
  • Flexible Bulk Containers
  • Rigid Bulk Containers
• Bulk Container Liners

Material

• Plastic
  • HDPE
  • LDPE
  • LLDPE
  • PP
  • PVC
  • Others
• Metals
• Others (Wood, Fiber, Paper Board)

End Use

• Industrial Chemicals
• Petroleum and Lubricants
• Food and Beverages
• Paints, Inks and Dyes
• Pharmaceutical
• Others

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Bulk Container Packaging Market Landscape

The bulk container packaging market is fragmented and the Tier 1 players in the market hold 40-45% share in the global bulk container packaging market.

Greif, Inc., Berry Global, Inc., Sealed Air Corporation, DS Smith Plc, Mondi Group, Bemis Company, Inc., International Paper Company, Winpak Ltd, Mauser Group B.V, Hoover Ferguson Group, Braid Logistics (UK) Limited, Qingdao LAF Packaging Co. Ltd., My Flexitank Industries Sdn Bhd, SIA Flexitanks Limited, Environmental Packaging Technologies, Inc., Snyder Industries, Inc, Schuetz GmbH & Co. KGaA, Büscherhoff Spezialverpackung GmbH & Co. KG, Bulk Lift International, Inc, Shandong Anthente New Materials Technology Co.,Ltd are some of the prominent players in the bulk container packaging market.

Bulk Container Packaging Market Report

Bulk containers are primarily designed for store and transportation purpose of liquid and granulated substances such as food ingredients, chemicals, pharmaceuticals products etc. in bulk quantities. Bulk containers are shipped in a wide range of vehicles. It can be transported in cargo ships and even in extreme long monster truck trailers.

Most of the food & beverage, chemicals and pharmaceuticals companies are associated with bulk shipment process. Bulk containers are the first choice for transporting food gradients as these containers are capable of providing benefits to the warehouse operators who inevitably require a safe and hygienic process to transport some specific food items.

This collapsible container helps in shipping these products in an efficient and safe way. Moreover, sometimes using a poly liner inside the bulk container in the process of transporting materials helps in maintaining hygiene and integrity of the respective product.

Future Market Insights, in its new report, offers an unbiased analysis of the global bulk container packaging market, analysing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the bulk container packaging market on the basis of  product type (Flexitanks, Bulk Containers (Flexible- BIB Containers, FIBC, Rigid Bulk Containers- Lined RIBC, Unlined RIBC) and Bulk Container Liners), material type (Plastic (HDPE, LDPE and LLDPE, PP, PVC, Others), Metals and Others (Wood, Fiber, Paper Board), end use (Industrial Chemicals (Hazardous Chemical, Non Hazardous) Petroleum and Lubricants, Food and Beverages, Paints inks and Dyes, Pharmaceutical and Others) across seven regions.

 

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

 

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Over the last few years, packaging bottles have emerged as a convenient packaging solutions, especially for pharmaceutical, food, chemical industries among others. According to a report by Future Market Insights (FMI), packer bottles market is expected to surpass US$ 5.31 Bn by 2031.

Packer bottles are light in weight, small in size, and cost effective packaging solutions predominantly used to pack, carry and store a variety of industrial and non-industrial solutions. Owing to their portability, child resistant packaging and recyclability, packer bottles are experiencing substantial rise in demand in the global market.

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In terms of availability, there are variety of packer bottles made up of plastic and glass available in the market. FMI predicts that, the manufacturers operating in the global packer bottle market to have ample opportunities to maximize their sales, as manufacturing output and packaging needs form pharmaceutical and food sectors is consistently rising.

According to the report, plastic will remain most preferred material owing to its pricing affordability and light weight mass. Among end users, pharmaceutical sector is expected to account for the lion’s share.

Key Takeaways from Packer Bottle Market

• Packer bottle sales will consistently, despite a temporary set-back amid COVID-19 outbreak. FMI predicts the market to rise at 5.4% CAGR between 2021 and 2031
•  Within North America, the U.S. is expected to account for over 85% of sales in 2021
• Temporary period of lull amid pandemic will cause sales to dip in the U.K. However, recovery is likely 2022 onwards
• Germany and France are expected to showcase marginal improvement in packer bottle sales in 2021
• Despite China’s dominance, Japan and South Korea markets will exhibit higher growth within East Asia

“Incorporation of recent advancements in packer bottles such FDA-approved and child resistant packaging solutions, coupled with excellent light and moisture barrier properties, has widened scope for application in several end use industries,” says FMI analyst.   

Packer Bottle Market by Category

Material

• Plastic
  • High Density Polyethylene (HDPE)
  • Polyethylene terephthalate (PET)
• Glass

Capacity

• 100cc & Below
• 200cc
• 300cc
• 400cc

Application

• Tablet & Capsules
• Powder & Granules
• Liquid

End Use

• Pharmaceuticals
• Chemicals
• Food & Beverages Ingredients
• Other Industrial

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Demand for Damage Resistance and Spill-proof Packaging Solutions in Pharmaceuticals Driving Sales

Aseptic and spill proof packaging is always a prime concern for end users, especially in case of pharmaceuticals and liquid food packaging. Packer bottles are mostly made up of plastic that offers high tear resistant to the inside product during transit. Therefore, this type of packaging solution is used frequently in pharmaceutical industry for packing, sealing, storing, and transporting extensive range of solid and liquid form of pharmaceutical drugs.

Further, packer bottles fulfil precise packaging requirement of pharmaceutical industry as they are offer a multitude of benefits, including efficiency in botyh low & high temperature and impact resistant, child resistant, non-reactive to chemicals, and leak & seep proof. On the other side, rapidly rising healthcare and pharmaceutical spending by individuals will bolster the sales of pharmaceuticals drugs, which will further create considerable demand for rigid packaging solutions including packer bottles.

Who is Winning?

Berry Global Group, Inc, Amcor Plc and Gerresheimer AG are among the top players operating in the packer bottle market. Some of the other key players operating in the market are Graham Packaging Company, Maynard & Harris Plastics and Alpha Packaging, Inc. The Tier 3 players in the market hold 65-70% in the global packer bottle market. In conclusion, key players contribute almost 30-35% of the global market.

 

About us :

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. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

 

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com