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A recent analysis by Future Market Insights (FMI) on the global sales of vending cups forecasts a modest growth through 2019. However, the demand for vending cups is anticipated to remain rather sluggish through the 2028, considering recyclability questions associated with vending cups.

The global vending cups market is expected to expand at moderate annual growth rate of 3.9 percent in 2019, with the CAGR touching an all-time low in 2028, touching the valuation of approximately US$ 2.6 Billion through the forecast timeline.

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In terms of value, FMI also forecast a dip in the Year-on-Year growth rate as more and more nations implement stringent laws circling ‘single-use plastic’ policy.
“Plastic consumption has remained a critical issue, impacting the overall food chain and public health.

However, several global initiatives are being taken by Governments- both in emerging and developed markets to reduce or completely eliminate the sales and consumption of single-use plastics-with a key focus on plastic cups, bags, and straws, amongst other commodities.

Vancouver, for instance, in its effort to ban all solid waste by 2040, has banned plastic straws. The nation has also moved a motion-to be in effect from June, 2019-to ban the distribution of takeout containers and foam cups. India, in 2017, took a major step towards banning all forms of single-use plastic. European Union, too, through its new plans, is expected to reduce the consumption of single-use plastics and microplastics by 2030.
FMI anticipates that growing public consciousness of sustainability and waste issues will remain a critical factor, suppressing the demand for vending cups. Such developments in the market could strike a significant blow to market growth, considering plastic still accounts for over 27% of the global vending cups market, by material”, explains a senior research analyst at the company.

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Strategy Analysis through Competition Tracking
The global vending cups market showcases an extremely fragmented-high competition landscape, with the small, tier-3 companies accounting for the largest market share. Tier 3 companies dealing in vending cups such as Dispo International, SwissPrimePack, and Benders Paper Cups receive most of their revenue through aggressively defending their product portfolios.

Other key insights from competitive landscape analysis include:

Tier-3 companies in the global vending cups market account for a major share of the market, contributed to nearly 60 percent of the total global market share.
Tier-2 players, including RPC Tedeco Gizeh and International Paper Company, contributing, falling under the 1-2.5 percent revenue share bracket, are anticipated to account for nearly 16-20 percent of the total vending cups market
Tier-1 companies, Huhtamaki Oyj, Coveris Holdings S.A., New WinCup Holdings, Inc., and Nupik-flo UK Ltd.-sharing a revenue bracket of above 2.5 percent, are estimated to hold a total of 20-25 percent of the vending cups market share.

However, larger vending cups companies are projected to have relatively stronger clout with suppliers and therefore, less alarmed by the pricing issue than smaller operators, considering competitive pricing remains a vital factor for vending cups manufacturers.

As a part of their differentiation strategy, participating companies in the vending cups landscape are focusing on the increasing their profit margin through value-added product portfolio expansion.

Some other companies, including Nupik-flo UK Ltd and Huhtamaki Oyj are concentrating their efforts on enhancing its custom offerings-with key focus product design and consumer appeal.

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Production capacity expansion through strategic mergers and acquisitions among vending cups manufacturers looking forward to achieve global market presence.
For instance, Huhtamaki Oyj’s recent acquisitions Ajanta packaging and CuPrint are aimed at expanding its existing capabilities. Moreover, in as a part of its expansion plan, the company is also to increase Finland’s plant capacity and recent expansion of Alf plant in German.
Advancements in technology such as 3D printing tools and manufacturing tools have been introduced by vending cups manufacturers to improve product efficiency and packaging quality of vending disposable cups.
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The aluminum aerosol cans market has been estimated to have reached a US$ 3.5 Bn valuation in 2019. However, following the coronavirus pandemic, the demand for aluminum aerosol cans had witnessed a downturn as spending on personal care products, and activity in the automotive industry has gone down. In addition, restrictions on trade during the crisis period will also hurt short term market prospects.
“Higher popularity of aluminum products owing to superior barrier characteristics along with growing consumer awareness on eco-friendly packaging options will further generate lucrative opportunities in multiple industrial verticals, aiding the expansion of the aluminum aerosol cans market for the foreseeable future” states the FMI analyst.

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Aluminum Aerosol Cans Market- Critical Takeaways
Household applications of aluminum aerosol cans have gone up strongly supported by demand for furniture cleaners, and mosquito repellants and other household aerosol products.
Shaped wall aluminum aerosol cans are gaining traction, driven by increasing importance being given to product aesthetics.
North America is a leading market for aluminum aerosol cans owing to higher disposable incomes of consumers and the presence of major manufacturers.
Aluminum Aerosol Cans Market- Drivers

Strong demand for portable, lightweight packaging for personal care products contributes to market growth.
High recyclability of aluminum, has made the material a popular choice for aerosol can producers, pushing towards sustainability initiatives.
Aluminum Aerosol Cans Market- Restraints

Growing awareness about the environmental impact of aerosol products is a key factor hindering market growth.
Easy availability of alternative materials to produce aerosol cans hampers market players.
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Coronavirus Impact on Aluminum Aerosol Cans Market
The coronavirus outbreak has had a sharp impact on the demand for aluminum aerosol cans on a global scale, primarily owing to a significant slump in automotive, and personal care applications. Suspension of production activities and disruptions in supply chains for raw materials will remain challenges towards the end of 2020. Recovery is likely to be strong owing to wide scope of applications of aluminum aerosol cans, once lockdown restrictions are lifted.
Competitive Landscape
Aluminum aerosol can manufacturers are increasingly investing in acquisitions, collaborations, and production expansions. For instance, CCL Industries has set up a US$ 85 million production line upgrades. Unilever has entered a collaboration with Tubex for the production of recycled deodorant cans. Further, Ball Corp. has acquired Tubex Industria E Comercio de Embalagens Ltd.
Ball Corporation, Alucon, Tubex Holding GmbH, and Exal Corp. are some of the leading aluminum aerosol can manufacturers.

About the Study
The study offers readers an assessment of the aluminum aerosol cans market. Global, regional and national-level analysis of the latest trends influencing the aluminum aerosol cans market is covered in this FMI report. The study provides insights according to capacity (less than 100 ml, 100 to 250 ml, 251 to 500 ml, and more than 500 ml), product type (necked in, shaped wall, and straight wall), and end use industry (cosmetics & personal care, household, automotive, and others), in six regions (North America, Latin America, Europe, Japan, Asia Pacific excluding Japan, and MEA).

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About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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As indicated in a new market research study by Future Market Insights, the roughly US$ 850 million floating covers market is likely to display around 4.5% yearly growth in the revenue, in 2019. The report projects steady revenue growth prospects for global floating covers landscape over the next few years, predominantly driven by sustained demand for an increasing number of wastewater treatment plants.
While agricultural application of floating covers also continues to generate moderate revenue, the demand for floating covers for protecting potable water reservoirs is also cited as an important factor pushing the growth of floating covers market growth.

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Functional Attributes of Floating Covers Account for Steady Demand
Prominently attributed to their low maintenance design and excellent UV tolerance, floating covers continue to witness stable consumption also due to remarkably low permeability and the ability to provide long-term protection to water bodies against environmental adversities and contaminating agents.

A senior market research analyst at FMI explains, “Superior material strength, lightweight nature, economic price point, and exceptional flexibility collectively account for the ideal attributes of floating covers that push their adoption for a range of applications, including prevention of external contamination as well as odor”. “Rapidly increasing awareness about water conservation and prevention of contamination will continue to provide an impetus to the steadily growing demand for floating covers in coming years,” adds the analyst further.
Voluminous industrial wastewater quantity is collected and stored on a daily basis, before the actual treatment process. Manufacturers are thus increasingly targeting wastewater treatment plants that hold high potential to generate demand for specific sizes of floating covers on a regular basis.

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In addition, food processing facilities, brewing companies, and chemical treatment and manufacturing units continues to register decent consumption of floating covers, according to research.

Biodegradability Is Still a Major Concern
Despite the positive growth outlook projected for floating covers landscape, sustainability remains a major concern for both manufacturers and consumers. Floating covers are generally manufactured from plastic-derived materials and take a longer time period for degradation in the environment.

Moreover, complete biodegradability of the key manufacturing materials used in floating covers is still a debatable issue that continues to attract research interests worldwide. This could remain a limiting factor against the growing demand for floating covers over the foreseeable future, says the report.
The report concludes that among linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), Polyvinyl Chloride (PVC), and Polypropylene (PP), it is more likely that HDPE will continue to experience a dominant revenue share over others – attributed to high recyclability of the thermoplastic material compared to all others in the list.
Elaborating on the trends that are dictating marketing and product innovation strategies of floating covers manufacturers, the FMI analyst says, “Apart from customized floating covers, a growing trend of modular floating covers is identified to be shaping the market growth in recent years. Application-specific material innovations is also an important factor influencing the adoption of floating covers worldwide. FMI research foresees growing applicability of floating covers in biogas recovery”.
Floating Covers Market Remains a Fragmented Landscape
The global market for floating covers is a highly fragmented landscape wherein smaller companies account for around 95% share of the total market revenue.
Maintaining the focal point on consumer convenience, leading manufacturers of floating covers are strategizing product premiumization with an objective to add value to the existing customer base.

A majority of companies competing in the floating covers marketplace are also concentrating on regional market expansion, especially across developing economies.
Raven Industries Inc., one of the prominent players operating in the global floating covers landscape, recently inked an agreement to strategically acquire Colorado Lining International with an objective to expand the global outreach. The company more recently launched a new production facility in Texas that enables the company to support end-to-end production of floating covers.

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The report on floating covers landscape throws light on in-depth company profiles that help evaluate strategies of competitors, their key offerings, financial status, and recent developments. Some of the profiled players include GSE Environmental, Inc., Cooley Group, Nilex Inc., Royal TenCate, Hexa-Cover A/S, FLI France SAS, Industrial & Environmental Concepts, Inc., Aquatan (Pty) Ltd., and Advanced Water Treatment Technologies, besides Raven Industries Inc.

In-depth regional analysis of the global market for floating covers reveals that owing to steadily growing floating covers demand for agricultural, water treatment, and water storage applications, APAC remains the most attractive regional territory for manufacturers of floating covers.
Moreover, Germany and the US continue to drive floating covers market in developed regions, whereas markets across developing economies across Latin America and MEA are likely to demonstrate a promising outlook for market growth.

For additional insights on the regional market scenario and detailed segmental analysis of the floating covers marketplace, reach out to the analyst at press@futuremarketinsights.com

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The pace at which the converting industry is progressing over the recent years is cited as a clear factor boosting the scope of emergence of investment opportunities for converting firms. Moreover, a recently released market research intelligence by Future Market Insights projects that the consistently growing need for superior and technologically advanced product quality will continue to improve the sales prospects of slitter rewinder machines in the near future.

Increasing deployment of high-end converting machines over the recent past is likely to remain an important factor pushing the deployment opportunities for slitter rewinder machines worldwide.

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“Projected for the global market valuation of over US$ 1 billion, the sales of slitter rewinder machines is likely to display more than 4% yearly growth in 2019,” says a senior research analyst at the company.

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Center-surface and Surface Winder Machines to Buckle-up

With more than 50% share of the total revenue of slitter rewinder machines market at present, the center winder type of slitter rewinder machines continues to dominate. Although low price point has been the key driver for sales growth of this type of slitter rewinder machines over the years, it is more likely that this segment will witness a sluggish growth in revenue over the next few years, says the report.
However, attributed to a relatively superior control over the tension created in rewinding material, surface winder and center-surface winder types of slitter rewinder machines are projected to gather ground at a rapid pace, according to the report.
High Speed Converting Applications to Gain Momentum
High speed rewinding is constantly witnessing growing demand, subsequently pushing the sales of slitter rewinder machines operating at above 800 m/min. This remains the top selling segment in the speed category of slitter rewinder machines landscape that currently accounts for over 40% share in the total market value.

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Whereas, the report positions 601-800 m/min as the next popular segment in slitter rewinder machines market.

Preview Analysis of Slitter rewinder machines market is segmented by (Machine Type – Center Winder, Surface Winder & Center-Surface Winder; Maximum Operating Speed – Less than 300 m/min, 300 to 600 m/min, 601 to 800 m/min & Above 800 m/min; Substrate – Paper, Plastic, Metal & Textile;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028: https://www.futuremarketinsights.com/reports/slitter-rewinder-machine-market

Sustainability Issues Associated with Plastic to Shape Adoption Patterns

As presented in the report, paper and plastic converting applications continue to cumulatively cover a whopping 94% share in the market value. However, applications in plastic and plastic-based material converting are witnessing a strong challenge for further growth owing to the ascending environmental concerns across the globe. Paper has been projected for a significant incremental opportunity, as highlighted in the report.

As the challenges associated with the use of plastic films and plastic-based materials are raising sustainability concerns to a great extent, the demand for slitter rewinder machines in plastic converting applications is stagnated.

As a result, the sales of center slitter rewinder machines are falling. However, it is conversely pushing prospects of surface winder machines and center-surface winder machines used predominantly in paper converting applications. A few other prominent applications include converting of technical films and a range of pressure sensitive materials.

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APEJ Continues to Reflect Hefty Investment Potential

With more than 35% of the total market value and a substantial incremental opportunity projection, APEJ remains the most lucrative region for penetration of slitter rewinder machines.

On the other side, North America and Western Europe hold a relatively similar share in the market value, representing the second highest performing regions in slitter rewinder machines marketplace.

Rampant expansion of plastic and packaging industries across developing Asian economies is prominently attributed to the growth of APEJ market for slitter rewinder machines.

Brisk growth in the demand for converting applications is identified to be a strong factor propelling the number of converting firms – thereby fueling the revenue growth of slitter rewinder machines market.

The flourishing paper industry in MEA is most likely to create lucrative deployment opportunities for manufacturers and suppliers of slitter rewinder machines in the region. The report indicates a moderate yearly revenue of MEA slitter rewinder machines market in and ahead of 2019.

A majority of the revenue share bracket for manufacturers belongs to Tier 2 players owing to their strong overseas presence and specialized offerings specific to the slitter rewinder machines market. The FMI report on global slitter rewinder machines landscape covers detailed profiles and a strategic outlook of a number of prominent companies falling in the Tier 1, Tier 2, and Tier 3 categories. For an amplified look at the latest happenings in the global marketplace and an insightful view of multiple industry facets related to the slitter rewinder machines market, feel free to write to the team of expert market research professionals at press@futuremarketinsights.com

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Future Market Insights (FMI) delivers key insights on the global box and carton overwrap films market in its published report titled “Global Box and Carton Overwrap films Market Forecast, Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.” In terms of revenue, the global box and carton overwrap films market is estimated to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors on which FMI sheds light in this report.

Box and carton overwrap films can be wrapped around a variety of packaging formats. Box and carton overwrap films are used for different types of box packaging for tobacco, cosmetics, and pharmaceuticals. Box and carton overwrap films serve the purpose of protection from moisture and external elements. The manufacturers in the box and carton overwrap films market prefer 20-40 micron thickness films for wrapping purposes.

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Although box and carton applications are expected to expand at a healthy growth rate, the fast adoption of flexible packaging solutions could pose a threat to the box and carton overwrap films market. However, the global box and carton overwrap films market is estimated to expand at a noticeable growth rate during the forecast period, due to an increment in the usage of protective packaging solutions.

The global box and carton overwrap films market is segmented on the basis of material type, film type, film thickness, coating type, end use, sales channel, and region. On the basis of material type, the global box and carton overwrap films market is segmented as PVC, PE, PP, PET, and other materials. On the basis of film type, the global box and carton overwrap films market is segmented as shrink and stretch film. On the basis of film thickness, the global box and carton overwrap films market is segmented as coated and uncoated films.

On the basis of end use, the global box and carton overwrap films market is segmented as food, beverage, PC, & cosmetics, Automotive, health care, industrial packaging, shipping & logistics, electrical and electronics, and others. On the basis of sales channel, the global box and carton overwrap films market is segmented as brand owner sales and converter sales. The food segment in box and carton overwrap films market includes processed food, fresh produce, dairy products, and bakery & confectionery.

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Manufacturers Prefer Multi-functional Box and Carton Overwrap Films

Box and carton overwrap films manufacturers are focusing on overwrap films that incorporate several convenience and product safety features. The demand for efficient packaging solutions is no longer focused on simply offering convenience. Modern-day box and carton overwrap films incorporate several features such as assurance of extended shelf life and tamper evidence.

In addition, box and carton overwrap films with their high printability, are designed to enhance the on-shelf appeal of the product, since consumer perception plays a key role in the buying decision in a modern retail environment. Box and carton overwrap films market is expected to have significant growth due to manufacturer’s changing preference towards multi-functional properties.

Preview Analysis On Box and Carton Overwrap Films Market: Preference for Packaging Solutions Offering On-Pack Promotion to Drive Growth: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028: https://www.futuremarketinsights.com/reports/box-and-carton-overwrap-films-market

Box and Carton Overwrap Films Market: Key Developments

Manufacturers in the box and carton overwrap films market use acquisition and merger strategies for significant growth in the coming years. Companies such as CCL industries and Jindal Poly Films Ltd. are following strategies such as mergers and acquisitions to improve business operations and expand all over the globe.

In 2017, CCL Industries Inc., acquired Innovia group of companies, a manufacturer of packaging films, labels, and tobacco packaging solutions which include box and carton overwrap films.
In July 2018, CCL Industries Inc., acquired Treofan America Inc. and Trespaphan Mexico Holdings GmbH (Treofan Americas).
In 2018, Jindal Films, an Indian film and label manufacturer acquired a controlling stake in Treofan Europe.
Box and Carton Overwrap Films Market: Competitive Landscape

Terichem A.S., CCL Industries Inc., Berry Global Inc., Cosmo Films Ltd., Smurfit Kappa Group Plc, Treofan Group, Futamura Chemical Co., Ltd., Irplast S.p.A., Taghleef Industries Group, SIBUR International GmbH, Jindal Poly Films Ltd., Garware Polyester Limited, Transcendia Inc., Uflex Ltd, and Industrial Development Company sal (Indevco) among others.

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Future Market Insights (FMI) delivers key insights on the global security labels market in its published report, titled “Security Labels Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027.” Globally, the revenue generated from the sales of security labels is estimated to be around US$ 23.4 Bn in 2018, and is projected to expand at a CAGR of 5.3%, during the forecast period 2018-2027. This can be attributed to numerous factors, about which Future Market Insights offers thorough insights and forecast in the security labels market report.

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According to the International AntiCounterfeiting Coalition (IACC), counterfeited goods account for about 5-7% of the global trade, which amounts to approximately $600 Bn. Counterfeiting results in ruining consumer confidence for the brand and can pose serious health risks in many cases. To avoid all this hassle, manufacturers are incorporating security labels in packaging.

Security labels address the need for anti-counterfeiting and brand protection in various end-use industries including food & beverages, pharmaceuticals, personal care & cosmetics, electrical & electronics, and more. Security labels include a variety of labels including barcode labels, holographic labels, RFID labels, and NFC tags among others.

Manufacturers in the North American region are employing security labels such as RIFD labels in the packaging of medicines, owing to the emphasis of Food & Drug Administration (FDA) towards the adoption of RFID in pharmaceutical packaging to curb counterfeiting occurring throughout the supply chain. Beverage manufacturers are incorporating security labels on the bottles.

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Manufacturers of alcoholic beverages in Europe are integrating their bottles with security labels such as QR code labels to oversee production, distribution, and sales of alcoholic beverages. This initiative is expected to curb counterfeiting in beverage packaging as the consumer will be able to detect whether the product is authentic or forged.

Security Labels Market: FMI Key Findings

Among the various product types, the barcode segment is witnessing higher growth and is projected to have a positive outlook during the forecast period. It is one of the most commonly used security labels for everyday labeling needs in various packaging applications.

Plastic security labels hold a significant share in the security labels market, but with the rising environmental concerns, manufacturers are inclining towards paper labels for manufacturing security labels.

The food & beverages segment is projected to be the most attractive segment during the forecast period. The demand generated from the food & beverages sector is expected to experience high growth, which can be attributed to the growing demand for packaged food and rising concerns about tamper-evident and counterfeited products. Manufacturers involved in beverage packaging are also employing security labels such as barcodes and holograms to incorporate security features in their packaging solutions.

The boxes & cartons segment in the global security labels market is the most attractive application type of security labels, followed by the bags & pouches segment.

Preview Analysis Global Security Labels Market: Applications in Tracking, Tracing, and Inventory Management to Propel Demand: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2027: https://www.futuremarketinsights.com/reports/security-labels-market

Emerging Economies Expected to Fuel Demand for Security Labels

The Asia Pacific (excluding Japan) region is exhibiting immense growth opportunities for the security labels market. This can be attributed to the increasing penetration of a variety of retail packaging formats. Manufacturers are now more concerned about creating packaging solutions which cannot be replicated by their competitors.

This has led to the increased usage of security labels which have unique distinguishing features, in the FMCG sector particularly. With the increased consumer spending on lifestyle products, the overall demand for labeling solutions is expected to propel, which is expected to fuel the growth of the security labels market. Overall, the Asia security labels market is anticipated to show a positive outlook throughout the decade. Latin America, as well as the Middle East & Africa, also represent attractive opportunities for growth.

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Security Labels Market: Key Players

The key players in the global security labels market are 3M Company, Avery Dennison Corporation, CCL Industries Inc., Honeywell International Inc., UPM Raflatac, Inc., OpSec Security, Inc., Tesa SE, Brady Corporation, Covectra, Inc., and Mega Fortris (Malaysia) Sdn. Bhd. Many local and unorganized players are anticipated to contribute to the global security labels market during the forecast period.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Future Market Insights (FMI) delivers key insights on the global packaging foam market in its published report titled “Packaging Foam Market: Global Industry Analysis 2012-2017 and Opportunity Assessment 2018-2026”. In terms of revenue, the global packaging foam market is projected to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors on which FMI sheds light in this report. In terms of volume, the global packaging foam market is anticipated to register a CAGR of 5.2%, during the forecast period. The Asia Pacific packaging foam market is expected to remain in the leading position during the forecast period

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Packaging foam is used for protective packaging solutions and is suitable for lightweight products. Packaging foam is made by trapping pockets of gas in liquids or solids. The increase in technological developments in packaging has resulted in the growth of the global packaging foam market. The advancements in the transportation industry are positively affecting the growth of the global packaging foam market.

In this report, Future Market Insights suggests that the growth of packaging foam market can be mainly attributed to the contributions from emerging economies like India and China in the APEJ region. The packaging foam market in China is expected to be at the forefront, spearheading the growth of packaging foam, during the forecast period.

According to the research by Future Market Insights, the demand for packaging foam has witnessed rapid growth in China in the past couple of decades. The APEJ region is characterized by a robust political, demographic, and economic ecosystem of the leading emerging economies and a rapidly growing packaging foam market in the region will lead to optimum growth levels in the coming decade.

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Packaging Foam Market

End users of packaging foam such as automobile, construction, food & beverages, consumer electronics, and homecare & personal care industries are increasingly adopting foams in packaging to increase the safety level of their products. The increase in the manufacturing activity and industrial output has led to the growing sales of packaging foam. Manufacturing activity and industrial output remain vital to both, the developed and the developing economies.

Such activities contribute to exports, research and development, and productivity which will lead to mature markets in various nations. In emerging economies, the increase in the consumption of end products due to a change in living standards and growing income has created new market opportunities for packaging foams. The revenue generated from packaging foam in the Asia Pacific Excluding Japan (APEJ) region is estimated to account for over 42.2% of the global packaging foam market.

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E-commerce is the prime consumer of the packaging foam industry. The retail environment in developing countries such as China, India, and Malaysia has experienced a massive transformation with a significant increase in the number of retail formats such as hypermarkets, supermarkets, convenience stores, and retail e-commerce which have led to the growth of the global packaging foam market.

The rising Internet penetration across the globe has witnessed a continuous shift in the purchasing pattern of an individual and has increased the awareness among the people to use the packaging foams for the safety of products. Along with growing disposable incomes and lesser time spent on shopping manually, e-tailing is gaining massive traction among individuals. In addition to this, e-commerce has reduced the destination barriers which have fuelled cross-border retailing among high-net-worth individuals.

Moreover, rising smartphone penetration and ease in the availability of the Internet are considerably driving the growth of packaging foams. Therefore, the continuous growth in the e-commerce industry along with an increase in mobile shopping is expected to drive the growth of the packaging foams market. Manufacturers and retailers use simplified designs, lightweight packs, and recyclable materials for transportation of the products.

Key players of global packaging foam include Armacell JSP Zotefoams Plc. BASF SE Sealed Air Corporation Synthos SA Rogers Corporation Kaneka Corporation Arkema Foampartner Group.

Riding on the steady demand over the recent past due to the successful intervention of industrial automation, automatic folding gluing machines hold clear dominance over semi-automatic counterparts in the folding gluing machines landscape. Steady adoption of semi-automatic folding gluing machines however prevails among SMEs targeting higher production line efficiency.

A new research intelligence report published by Future Market Insights offers a deep-dive view of the folding gluing machines landscape, delivering exclusive insights on the most impactful push and pull factors associated with revenue growth.

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Key Insights Drawn from the Global Folding Gluing Machines Market Report

The global revenue through folding gluing machines will surpass a value of US$ 5 Bn by this year’s end, witnessing a moderate Y-o-Y growth of around 4% over 2017. Straight line and crash lock fold types of folding gluing machines collectively hold a massive value share of over 60%. Food and beverages register maximum consumption of folding gluing machines. Highest growth potential exists in Asia Pacific, in terms of adoption of folding gluing machines.

Sales of automatic folding gluing machines account for more than 80% of the total market revenue. Introduction of more compatible, communicative, and ergonomically designed folding gluing machines is trending the market, targeting enhanced productivity at reduced costs. Customized corrugated packaging trend in the E-commerce/E-tail world is playing a vital role in fueling sales of innovative folding gluing machines.

Convenience Foods Uphold F&B to Remain Largest End Use Sector Utilizing Folding Gluing Machines

In 2017, the global consumer expenditure on food and beverage products was registered roughly around US$ 6.5 trillion, i.e. nearly 8.5% of the GDP. F&B sector accounts for a remunerative 55% share in the folding gluing machines landscape, according to the Future Market Insights’ study.

Food sector, the top consumer of folding gluing machines, is witnessing a prominent push to revenue generation through dry foods and snacks segment. “The popular wave of processed, packaged, and convenience foods is substantially driving the demand for folding gluing machines worldwide, especially in developing Asian economies where the growth is likely to be concentrated in the near future,” explains a senior research analyst at FMI.

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Moreover, frozen and chilled food products are contributing a sizable revenue share to folding gluing machines market. The analyst uncovers, “Non-alcoholic beverages continue to bring in lucrative business opportunities for folding gluing machines manufacturers, enabling beverages segment to secure the second end user sport in folding gluing machines market”.

Rewarding Opportunities Reside in APAC, 1/3rd of Region’s Revenue Belongs to India & ASEAN Countries

The regulatory bodies based in Asian economies are pushing investments in manufacturing sector which have been translating into steadily growing demand for folding gluing machines in recent years. As reported by FMI’s study on global folding gluing machines landscape, India and ASEAN countries collectively account for around 1/3rd share in Asia Pacific’s market value.

Strong presence of a large number of F&B manufacturers within the region are predominantly shaping the adoption pattern of folding gluing machines. Moreover, India’s per capita packaging consumption was on an average 5.5 kg in 2017, pointing to an ample opportunities for folding gluing machines adoption.

Western European market for folding gluing machines is driven by favorable orientation of manufacturers towards industrial automation. North American market is however expanding at a relatively lower pace owing to consistently falling beverage consumption levels.

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Leading manufacturers of folding gluing machines are investing considerable R&D efforts in innovating existing product lines for a decent competitive edge. While reduction of the overall change-over time takes up the spotlight, advanced technology integration also remains one of the key strategies of companies. MNCs are prudently focusing on tapping in to lucrative opportunities in developing Asian economies. Merging with regional leaders or acquiring unorganized regional players are currently the preferred strategic moves of manufacturers of folding gluing machines. FMI’s report on global folding gluing machines market provides deep dive insights on the competitive landscape and various other aspects related to the folding gluing machine landscape. Reach out to us at press@futuremarketinsights.com