Market Research Blog

Nestable Plastic Crates Remain Best-selling

Among the various varieties of returnable plastic crates, the nestable version continues to remain in-demand, with a market value share of nearly 50%. The attributes of lightweight, cost-efficiency, and easy handling of nestable plastic crates are responsible for their unprecedented demand growth in the near future. Further, stackable plastic crates are also witnessing increasing market share owing to their space-effective quotient.

Future Market Insights (FMI) delivers key insights on the global returnable plastic crates (RPC) market in a newly published report. In terms of revenue, the global RPC market is estimated to grow at a CAGR of 5.5% over the forecast period owing to numerous factors about which FMI offers thorough insights and forecasts in this report. RPCs are used for the storage of various fresh products for shipping them from one place to another. These crates are of several types such as stackable, nestable and collapsible and are used based on several end uses and needs. 

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-6050

How Growth will Unfold

Returnable plastic crates made from high-density polyethylene (HDPE) continue to capture noteworthy portion of the total sales. As HDPE carries the benefits of high impact resistance and sturdy UV barrier, as well as ensures economical storage and transportation, manufacturers are focusing on this polymer material. While HDPE crates account for around 65% of revenue share, the adoption of polypropylene (PP) and other materials will remain steady throughout the forecast period.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-6050

This report also discusses individual strategies followed by some of the leading companies operating in the global returnable plastic crates market in terms of enhancing their product portfolio, creating new marketing techniques as well as mergers and acquisitions. The competitive landscape included in the report provides a dashboard view as well as company share to report audiences. Key players operating in the global RPC market include Brambles; Myers Industries, Inc.; Supreme Industries Limited; Schoeller Allibert; DS Smith Plc; Dynawest Ltd; Rehrig Pacific Company; TranPak, Inc.; RPP Containers and Ravensbourn Limited.

FREQUENTLY ASKED QUESTIONS ABOUT GLOBAL RETURNABLE PLASTIC CRATES MARKET

Which application area holds potential growth opportunities for market players?

The agriculture sector is expected to offer lucrative opportunities, attributable to the growing demand for returnable plastic crates for the bulk packaging of fresh produce and horticulture products.

What are the future prospects of the returnable plastic crates market?

There will be a slight increase in the demand for returnable plastic crates over the next decade, on the back of impressive growth in the agriculture sector. Increasing transportation of seafood, meat, and poultry in developing nations is also expected to offer better growth prospects to players in the global returnable plastic crates market.

Which region will dominate the global returnable plastic crates market?

North America and Western Europe are expected to dominate the returnable plastic crates market during the forecast period of 2019-2029. Rapid growth and penetration of supermarkets, hypermarkets, and retail distributors that serve better packaged goods in these regions are vital factors that are boosting market growth in these mature markets.

Compostable & Biodegradable Refuse Bags Market Analysis: Over 35% of the Compostable & Biodegradable Refuse Bags demand to be  generated by the industrial end use segment, which is expected to increase further by the end of 2028 

The global market for compostable & biodegradable refuse bags was valued at US$ 200.4 million in 2017. The market is forecast to expand at a CAGR of 8.0% during the forecast period, 2018-2028.

Compostable and biodegradable are terms used to designate organic materials breaking down in a specific environmental condition. Refuse bags are disposable bags used to contain waste and rubbish. Compostable and biodegradable refuse bags are made up of organic material, which are obtained from plants. Such plant based materials which are used to make compostable and biodegradable refuse bags are starch blends (corn, potato and others), polylactic acid (PLA), PHA, PBAT and other such materials. These refuse bags can undergo decomposition readily and have minimum negative impact on the environment.

For more insights into the market, request a sample of this report@       https://www.futuremarketinsights.com/reports/sample/rep-gb-7082

The compostable & biodegradable refuse market is segmented on the basis of product type, material type, capacity, thickness and end use. On the basis of material type, the market has been segmented as PLA, PBS, PBAT, PHA, starch blends, cellophane, and paper. On the basis of end use, the market has been segmented as retail & consumers, industrial and institutional.

Competitive Landscape

Key players operating in the global market for Compostable & Biodegradable Refuse Bags include Mondi Group, Sphere Group, Vegware Global, VICTOR Güthoff & Partner GmbH, Cedo Ltd., BioBag International AS, PLAST-UP, Polybags Ltd, Clondalkin Group Holdings B.V., Plastiroll Oy Ltd, The Biodegradable Bag Company Ltd, QUICKPACK Haushalt + Hygiene GmbH, MIRPACK, TM, The Compost Bag Company, SIMPAC, TERDEX GmbH, Pack-It BV, Cromwell Polythene Ltd, Flexopack SRL, Virosac SRL, among others.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-7082

The Eastern Europe compostable & biodegradable refuse bags market include country level analysis for Russia, Poland and Rest of Eastern Europe. The Russia compostable & biodegradable refuse bags market is expected to expand at a CAGR of 7.6% during the next decade. The Asia Pacific excluding Japan compostable & biodegradable refuse bags market includes country level analysis for China, India, ASEAN, Australia & New Zealand and Rest of APEJ. The APEJ compostable & biodegradable refuse bags market represent most lucrative geographic region wherein India and China represent substantial incremental opportunity over the forecast period.

The Middle East and Africa (MEA) compostable & biodegradable refuse bags market include country level analysis for GCC, South Africa, North Africa and Rest of MEA. Compostable & biodegradable refuse bags market in the GCC region is particularly driven by high growth in the industrial segment. The Japan compostable & biodegradable refuse bags market is expected to expand at a CAGR of 5.3% over the forecast period.

In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, mergers and acquisitions. The ‘Competitive Land

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 worldwide consumption of steel kegs for shipment and storage of beer is anticipated to remain high. The use of kegs as a reliable, cost-effective and appropriate for fermented beverages, furthermore ensuring preservation of organoleptic characteristics and original taste. FMI, in its recent study, stated that the COVID-19 outbreak has impact the market adversely, however, recovery is likely to commence in late 2021.

“Sustained demand for cooking oil remains a key revenue generator for the global kegs market.“ states the FMI analyst.

Request a report sample to gain comprehensive market insights at 

Kegs Market – Important Highlights

The global kegs market will surpass US$ 1.67 billion in revenues by 2028-end. Western Europe will remain highly lucrative over the forecast period, due to steady sales in Italy, France and Germany. Alcoholic beverages end use category is anticipated to drive sales in the global market. Steel kegs account for majority of market share

Kegs Market – Drivers

Growing demand for cooking oil is likely to positively impact the market over the forecast period. Increasing demand for premium products such as draught and craft variants is creating opportunities Increasing preference towards flavored alcoholic beverages is projected to benefit the market Legislative regulations backing reduced weight limits appropriate of packaging, will spur adoption of kegs.

Kegs Market – Restraints

Non-return, improper handling or damage of kegs continues to be a challenge for market players Few licensed establishments allowed to install kegs limits opportunities

For any Queries Linked with the Report, Ask an Analyst@ 

COVID-19 Impact on Kegs Market

Although, the market witnessed an increase in sales, on the onset of the pandemic. Players sopped up surplus sales from COVID-19-fueled stockpiling, followed by lost business from operational constraints and closed dining rooms. FMI in its report states that the market is gradually anticipated to pick up pace by the end of 2021 or by 2022 Q1.

Competitive Landscape

Petainer UK Holdings Ltd., Ardagh Group S.A, NDL Keg Inc, AMERICAN KEG COMPANY., Ningbo BestFriends Beverage Containers Co. Ltd, Shinhan Industrial Co, Ltd, Schaefer Container Systems, Blefa GmbH, Julius Kleemann GmbH & Co KG and The Metal Drum Company are a few of the leading market players operating in the kegs market. Market players are focusing on merger and acquisition, collaboration, and partnership to extend their regional presence. Growing number of activities imply that the players working in the global kegs market account for remarkable expansion prospects in the years ahead.

Buy Now@ https://www.futuremarketinsights.com/checkout/6666

About the Study

The study offers readers a comprehensive assessment of the kegs market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights according to material (plastic, tin and stainless steel), capacity (up to 20 litre, 20 litre to 40 litre, 40 litre to 60 litre and above 60 litre), end use (alcoholic beverages [beer, wine, spirits and cider], non- alcoholic beverages[soft drinks, RTD beverages, juices and others], cooking oil, chemicals and others), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Opportunity

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Market Background

3.1. Porter’s Analysis

3.2. PESTLE Analysis

3.3. Macro-Economic Factors

3.4. Value Chain

3.5. Opportunity Analysis

4. Market Forecast

4.1. Market Volume Projections

4.2. Pricing Analysis

4.3. Market Value and Y-o-Y Growth

4.4. Absolute $ Opportunity Analysis

As per a study by FMI, the glass bottles sales are expected total US$4.8 bn through 2031, growing at a CAGR of 5.2% over the forecast period of 2021 to 2031. The market witnessed a rise of 3% CAGR during its historical sales period between 2016 and 2020.

According to a study by FMI, the glass bottles market worth will reach US$37.1 bn in 2021. After battling a slight dip of sales during COVID-19 outbreak, the sales grew by 1% year-on-year in 2021.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5122

Glass bottles are 100% recyclable, which makes them better alternative to plastic bottle form the environmental point of view. With focus on sustainability rising at a high pace, glass bottles sales will continue rising through the assessment period.

As per FMI, sales in the U.S. will rise considerably. Ban on single-use plastic and other policies undertaken to protect environment will create a conducive environment for increasing glass bottle sales in the country. Besides this, demand in China will continue surging, pushing growth in East Asia.

While glass bottle application is increasing across diverse industries, the food and beverages sector will account for over half of the market share. Increasing use of glass bottles in beverage packaging will continue driving sales. Demand in pharmaceutical sector also is expected to rise in the coming years.

Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-5122

“Innovations remain key focus for market players. From launch of long-neck beer bottles to ensuring greater agility, manufacturers are leaving no stone unturned to cater to the changing consumer preference,” says the FMI analyst.

Key Takeaways

• The U.S. is expected to lead the global market as it holds 84% market shares in North America. Consumers in this country prefer and consume glass bottles for alcoholic beverages. The ban on single use plastic is also another factor boosting demand in the market.
• Germany holds 25% of the Europe market as it has some of the oldest and largest pharmaceutical companies in the world. The usage of glass bottles in Germany is majorly driven by pharmaceutical application.
• India holds 39% market shares in South-Asia as this country is the second largest consumer and producer of glass bottles in the region.
• Type I grade glass bottles hold 51% of the market and are expected to register high demand due to extensive application in pharmaceutical industry.
• Glass bottles with capacity of 501-1000ml hold 36% market share as they are primarily used for storing and transporting water, fruit juices, and milk.

Key Drivers

• Rising trend for sustainable, bio-degradable materials in packaging industry is expected to boost demand for glass bottles in the market.
• Glass bottles are becoming the ideal packaging material for food and beverage application therefore boosting its demand in the F&B industry.

Key Restrains

• COVID-19 crisis has impacted the production and manufacturing of glass bottles due to lockdown and disrupted supply chain.
• Shutdown of numerous end-use industries is also expected to hamper demand for glass bottles in the global market.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-5122

Competitive Landscape

The global glass bottles market is moderately fragmented in nature. Key players in the market are focusing on increasing production and investing in product development. Innovation for improved, sustainable products will keep players ahead in the competition.

For instance, in June 2021, AB InBev announced about the launch of a lightweight longneck beer bottle for commercial applications. Several other companies are expected to focus on product launches spurring growth in the market.

Key players operating in the glass bottles market profiled by FMI includes

• Owen Illinois, Inc.
• Ardagh Group, SA
• Vitro, S. A. B. de C. V.
• Vidrala, S.A
• BA Glass B.V.
• AGI Glasspack Limited.
• Frigoglass Jebel Ali FZCO
• Consol Glass (Pty) Ltd.
• Toyo Glass Co., Ltd.
• Gerresheimer AG
• Vetropack Holding AG
• Borosil Glass Works Ltd.
• Carib Glassworks Limited (CGL)
• Piramal Glass Private Limited
• Albéa S.A.
• Verallia SA
• Stölzle-Oberglas GmbH
• Gallo Glass Company
• Allied Glass Containers Ltd
• SGA S.A.

More Insights on the Glass Bottles Market:

FMI provides an unbiased analysis of the glass bottles market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global glass bottles market with a detailed segmentation on the basis of:

By Grade:

• Type I
• Type II
• Type III

By Manufacturing Process:

• Blown
• Tubing

By Capacity:

• Up to 50 ml
• 51 – 200 ml
• 201 – 500 ml
• 501 – 1000 ml
• 1001 ml & Above

By End User:

• Food
• Beverages
• Pharmaceuticals
• Personal Care & Cosmetics
• Perfume & Fragrances
• Chemicals
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/5122

Key Questions Covered in the Benign Prostatic Hyperplasia Treatment Market Report 

• The report offers detailed insights into glass bottles demand outlook for 2021-2031
• The market study also highlights projected sales growth for glass bottles market between 2021 and 2031
• Glass bottles market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends, evaluation of current market size, and technological advancements within the industry
• Glass bottles market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

The global packaging industry has witnessed rapid innovations in the last few years owing to rising consumer preferences for advanced packaging solutions. To cater to frequently changing consumer expectations, manufacturers of packaging products are deploying active, smart, and intelligent packaging solutions to increase product shelf life and offer better value to consumers.

In a new report titled ‘Active, Smart, and Intelligent Packaging Market: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2027),’ Future Market Insights studies the global active, smart, and intelligent packaging market and presents value and volume projections for a 10 year period from 2017 to 2027.The report also presents in-depth insights on the various forces likely to impact market revenue growth in the coming decade. According to the report, the global active, smart, and intelligent packaging market is estimated to be valued at US$ 18,072.6 Mn in 2017 and this is expected to increase to US$ 43,361.3 Mn by the end of 2027, growing at a CAGR of 9.1% over the forecast period.

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5594

Global Active, Smart, and Intelligent Packaging Market: Dynamics

Growth fuelling aspects: Increasing consumer preference for products with longer shelf life and case-ready meals, significant changes in consumer preferences, and a highly regulated and controlled packaging industry is anticipated to boost revenue growth of the global active, smart, and intelligent packaging market.

Revenue inhibiting factors: Strict compliance with stringent packaging laws, absence of appropriate technology, a no ‘positive list’ system, lack of key regulations, and heavy dependence on imports is expected to stifle global market revenue growth over the forecast period.

Future market trends: Increasing mergers and acquisitions, especially in the North America market, introduction of inks capable of responding to temperature changes, and the use of active, smart, and intelligent packaging to tackle the issue of counterfeits is currently trending the global market.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Packaging Type

The global market for active, smart, and intelligent packaging is segmented on the basis of packaging type into Active Packaging (O2 Scavenging Sachets, MAP) and Smart & Intelligent Packaging (TTI Labels, Freshness Indicators, RFID Tags). The Active Packaging segment is expected to grow by almost 2X times over the forecast period, with an estimated value share of more than 65% by the end of 2027. This segment is expected to represent the highest incremental opportunity of US$ 17,111.9 Mn over the forecast period.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-5594

Global Active, Smart, and Intelligent Packaging Market: Forecast by Application

The global active, smart, and intelligent packaging market is segmented on the basis of application into Food & Beverage (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Bakery & Confectionary, Processed Food, Others), Pharmaceuticals, Cosmetics, and Others. The Food & Beverage segment is expected to be the largest, with an estimated market share of just under 45% by the end of the forecast period in 2027. The Food & Beverage segment is expected to expand by 2.5X times by the end of forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Region

The global active, smart, and intelligent packaging market is distributed across the key geographies of North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. North America and Western Europe currently lead the global market in terms of market share, both regions holding about 25% value share each of the global market as on date.

However, North America is expected to beat Western Europe towards the close of 2027 with a market share of just under 26%, while Western Europe will account for 21% value share by the end of the forecast period. APEJ is likely to emerge a surprise contender for second position in the global market by the end of 2027, closely behind Western Europe. The APEJ regional market will witness a massive increase of 550 basis points in market share in 2027 over 2017.

Global Active, Smart, and Intelligent Packaging Market: Competitive Intelligence

The report profiles some of the leading players in the global active, smart, and intelligent packaging market the likes of PakSense, Inc., Landec Corporation, Sealed Air Corporation, Bemis Company, Inc., Crown Holdings, Inc., Amcor Limited, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC, Thin Film Electronics ASA, CCL Industries Inc., Temptime Corporation, Multisorb Technologies, Inc., and Coveris Holdings S.A.

Ask from the Market Research Expert @ https://www.futuremarketinsights.com/askus/rep-gb-5594

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremrketinsights.com

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

The passive temperature-controlled packaging solutions market in North America and Europe captures around 45% of market value share, majorly driven by the food and pharmaceutical industries. On the other hand, developing regional markets such as Asia Pacific excluding Japan (APEJ) and Latin America would exhibit higher, double-digit CAGRs during latter half of forecast period. This high growth potential is owing to the exploding demand for pharmaceutical products, frozen foods, and perishable foods such as meat, seafood, and dairy products.

Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-5073    

Accelerating need for adequate temperature assurance during storage and transit of perishable food products continues to drive adoption of passive temperature-controlled packaging solutions. Global demand for passive temperature-controlled packaging solutions is set to push revenue growth of the global market at a CAGR of over 9% during 2019 – 2029. While food & beverages and pharmaceuticals would remain key end-use industries, a sizeable sales volume will be accounted by meat, seafood, and dairy products, says a new Future Market Insights (FMI) report.

Companies are showing high preference for passive temperature-controlled packaging solutions as a cost-effective means. Moreover, pharmaceutical products are being increasingly shipped over long distances, incorporating multi-modal supply routes. This process requires the optimal temperature handling of products. Usage of passive temperature-controlled packaging solutions in shipping pharmaceuticals and food products will thus remain the key driver for market growth over forecast period.

Key Takeaways – Passive Temperature-controlled Packaging Solutions Market Study

• Food & beverages is a significant end-use industry in the Western Europe passive temperature-controlled packaging solutions market, which is expected to account for market share of 50% during the forecast period.
• The insulated containers segment is likely to remain prominent in the global passive temperature-controlled packaging solutions market. These containers aid in maintaining the temperature of food and pharmaceutical products during transit and storage.
• Passive temperature-controlled packaging solutions are expected to be highly adopted in the pharmaceutical industry during the forecast period, as compared to other industries.
  • In 2019, CSafe Global expanded its passive temperature-controlled packaging solutions portfolio with a launch of AcuTemp Plus to address the cold chain needs of cell and gene therapies, clinical trials and commercial pharma.
• In the North America region, the frozen segment of the passive temperature-controlled packaging solutions is expected to represent market share of 31% during the forecast period.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-5073       

World Health Organization (WHO) is continuously focusing on reducing vaccine wastes, worldwide. Various programs have been initiated to monitor vaccine wastage at country levels, emphasizing proper transportation and handling of vaccines. This would hold a major impact on the passive temperature-controlled packaging solutions market.

Who Is Winning?

Manufacturers of passive temperature-controlled packaging solutions are expanding their geographical reach by acquiring small players. Moreover, many passive temperature-controlled packaging solution players are focusing on new product developments and strategic partnerships with suppliers and distributors in various regions across the globe to strengthen the market reach and drive the demand for effective passive temperature-controlled packaging solutions. For instance,

In 2018, Tower Cold Chain Solutions, suppliers of passive temperature-controlled packaging solutions, strengthened its global market with its new TOWER Dublin facility, which offers enhanced services to the Ireland market. In June 2017, va-Q-tec AG announced the establishment of its Japanese subsidiary, va-Q-tec Japan G.K., which is located in Tokyo. This helps in strengthening its presence in the Asia Pacific region.

Several regional players are also offering products on a rental basis. For instance, In January 2016, Pelican Biothermal LLC, a leading provider of temperature-controlled packaging solutions catering to the healthcare industry, started offering on-demand 12-day standard rentals for its passive Credo Xtreme shippers.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-5073

Learn More About What the Report Covers

Future Market Insights, in its new offering, offers an unbiased analysis of the global passive temperature-controlled packaging solutions market, analysing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study unravels growth projections of the passive temperature-controlled packaging solutions market on the basis of product (insulated shipper, insulated containers, and others), application (frozen, chilled, and ambient) and end-use industry (food & beverages, pharmaceuticals, and others), across seven major regions.

For additional information, write to the analyst at press@futuremarketinsights.com

FREQUENTLY ASKED QUESTIONS ABOUT PASSIVE TEMPERATURE CONTROLLED PACKAGING SOLUTIONS MARKET

Which factors are at the forefront of generating demand for passive temperature-controlled packaging solutions?

Solid expanse of pharmaceutical industry and the ever-growing perishable food sector would be the key growth drivers associated with the passive temperature-controlled packaging solutions market. Gradual growth of this industry in developing regions will present opportunity to globally leading providers of passive temperature-controlled packaging solutions.

What course of growth will the adoption of these packaging solutions observe in pharma industry?

Passive temperature-controlled packaging has been a preferred economical and effective solution for shipping of pharmaceutical products. Increasing need for cost-effective shipping of vaccines, particularly to remote geographies, offers a prominent push to market growth.

Which regional markets will display above-average growth potential for manufacturers of passive temperature-controlled packaging providers?

Latin America and Asia Pacific excluding Japan (APEJ) are set to emerge as highly attractive regions in the passive temperature-controlled packaging solutions market. The latter is particularly projected to clock a CAGR of more than 10% during 2019 – 2029.

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.

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44(0)20-7692-8790

For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

The packaging barrier films market is expected to face a number of challenges owing to the coronavirus pandemic as costs of labor, raw materials, power, and transport has increased. On the other hand, while demand for packaging barrier films has fallen marginally, many countries have designated packaging films as essential items, which has proven useful to sustain operations throughout the crisis period.

“Stand-up pouches made from barrier films are rapidly replacing plastic and glass packaging alternatives owing to lower costs and higher convenience levels. Further, packaging barrier films use lesser materials and are lighter than rigid packaging options, thereby boosting adoption and revenues,” says the FMI analyst.

Request report sample to gain in-depth market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5000

Packaging Barrier Films – Key Takeaways

• Pharmaceutical applications are anticipated to contribute significantly to revenues, driven by higher investments in healthcare and drug formulations that require protection from contaminants.
• PET based packaging films are highly sought after owing to superior barrier characteristics against oxygen and water vapor.
• Asia Pacific is displaying high production and consumption of packaging barrier films owing to extensive pharma and processed food packaging applications.

Packaging Barrier Films – Driving Factors

• Niche applications of barrier films in packaging of electronic items such as OLED and photovoltaic material generates lucrative opportunities.
• Cost benefits for end user industries in logistics and material costs are a key factor that drive the adoption of packaging barrier films.

Packaging Barrier Films – Key Constraints

• Environmental concerns associated with the production and disposal of conventional packaging barrier films hurt market prospects.
• Lack of adequate recycling facilities and technologies for flexible packaging formats hold back market growth.

The Anticipated Impact of Coronavirus

The coronavirus pandemic will negatively impact the packaging barrier films market owing to high production costs from fluctuating raw material supplies, and shortage of manpower. In addition, the lockdown has caused suspension of production, and disrupted supply chains in the short term. However, the designation of barrier packaging films as essential items, and applications in FMCG sector will help players to sustain operations and partially cut losses during the crisis period.

Explore the global packaging barrier films report with 301 illustrative figures, 310 data tables and the table of contents. You can also find a comprehensive market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-5000

Competition Landscape

Leading players in the packaging barrier films market include but are not limited to KOROZO Ambalaj San.ve Tic A.S, Amcor Ltd., VF Verpackungen GmbH, Bemis Company Inc., Lietpak, Uflex Ltd., Flexopack SA, Sealed Air Corp., Sudpack Verpackungen GmbH & Co. KG, Mondi plc, Supravis Group SA, and Huhtamaki Oyj.

Manufacturers are primarily pushing for circular economy initiatives to set up recycling facilities and developing recyclable or biodegradable packaging barrier film options, to bolster portfolios and meet consumer bias towards eco-friendly products.

For instance, Mondi plc has collaborated with Hutthaler for the development of a completely recyclable, mono-material, thermoforming barrier film for meat packaging applications. Innovia Films has collaborated with Wildcorn for fully recyclable packaging barrier film pouches for its popcorn products. Also, Amcor Ltd. has unveiled AmLite, a polyolefin, ultra-recyclable packaging film for food, personal care, and pharma packaging applications.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-5000

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.

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44(0)20-7692-8790

For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Laminated Tubes Market Snapshot

The laminated tubes market revenue totaled US$ 940 Mn in 2020, according to Future Market Insights (FMI). The overall laminated tubes market is expected to reach US$ 1.8 Bn by 2031, growing at a CAGR of 6.3% for 2020- 31.

FMI has projected competition in the market to continue soaring through the assessment period. The top 5 market players are expected to hold 20%-25% of the global laminated tubes market in 2021.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4301

 

2012-2020 Laminated Tubes Market Outlook Compared to 2021-2031 Forecast