Market Research Blog – Page 15738 – New Product Development

Tear Tape Dispenser Market : Value Chain, Stakeholder Analysis and Trends by 2030

Tear tape dispenser is the smart and innovative way of packaging solution for the ease in opening of product. In tear tape dispenser, the machine holds the packaging film and helps in the cutting and feeding the tear tape. There are two type of tear tape dispenser automatic and semi-automatic depending on their type of operations. In semi-automatic machine the operator holds the object and pack while the machine releases tape, but in automatic dispenser the whole process is automatic. Tear tape applicator are uses in the pharmaceuticals, tobacco, food and beverage industry.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Tear Tape Dispenser market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Tear Tape Dispenser market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Tear Tape Dispenser Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Tear Tape Dispenser market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Tear Tape Dispenser market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Tear Tape Dispenser market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Request Advisory : https://www.futuremarketinsights.com/request-advisory/rep-gb-12702

Why Choose Future Market Insights

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

Tear Tape Dispenser Market: Segmentation

Valuable information covered in the FMI’s Tear Tape Dispenser market report has been segregated into key segments and sub-segments.

Machine:

Automatic Machine
Semi-automatic Machine

Types of tear tape:

Metal
Aluminum
Steel
Plastic

End Uses:

Food & Beverage
Pharmaceutical Industry
Tobacco Industry

Tear Tape Dispenser Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Tear Tape Dispenser market. Competitive information detailed in the Tear Tape Dispenser market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Tear Tape Dispenser market report.

Key players covered in the report include:

Fidia Macchine Grafiche S.r.l
ENPRO GMBH
Acimga
Hitech Asia Co., Ltd.
Newtown Packaging Ltd

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Important Questions Answered in the Tear Tape Dispenser Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Tear Tape Dispenser market been expanding during the forecast period?
How will the global Tear Tape Dispenser market look like by the end of the forecast period?
What innovative strategies are adopted by Tear Tape Dispenser market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Tear Tape Dispenser market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Tear Tape Dispenser market

About FMI

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.

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Envelope Market to Witness a Healthy Growth by 2030

Envelopes are used commonly for packaging of flat objects such as letters, cards, booklets, and mails. Envelopes are increasingly being employed in e-commerce deliveries; envelopes are replacing small cardboard boxes used for delivering light-weight objects. Using envelopes proves to be more sustainable and economical for e-commerce companies. This is likely to boost the demand for envelopes in the years to come. However, with the growth of electronic media, the consumption of envelopes for mailing has reduced significantly in the past years. Yet the demand generated from the shipping industry is likely to fuel the global demand for envelopes. Courier companies such as Fed Ex, Express Mail, and others are in constant need of envelopes for shipping light-weight goods.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Envelope market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Envelope market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Envelope Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Envelope market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Envelope market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Envelope market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Request Advisory : https://www.futuremarketinsights.com/request-advisory/rep-gb-11344

Why Choose Future Market Insights

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

Envelope Market: Segmentation

Valuable information covered in the FMI’s Envelope market report has been segregated into key segments and sub-segments.

By product type, the global envelope market has been segmented as follows

Baronial
A-style
Square
Booklet
Commercial
Customized

By applications, the global envelope market has been segmented as follows

Commercial
Institutional
Household

By closure, the global envelope market has been segmented as follows

Remoistening Seal
Pressure-sensitive Seal
String and Button

Envelope Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Envelope market. Competitive information detailed in the Envelope market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Envelope market report.

Key players covered in the report include:

Sealed Air Corporation, Ohio Envelope Manufacturing Co., Neenah Inc., Capital Envelopes LLC, Encore Envelopes Ltd., Heritage Envelopes Ltd., Mayer-Kuvert-network GmbH, Sunkee Envelope, Precision Envelopes Inc., and Royal Envelope Ltd.

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Important Questions Answered in the Envelope Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Envelope market been expanding during the forecast period?
How will the global Envelope market look like by the end of the forecast period?
What innovative strategies are adopted by Envelope market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Envelope market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Envelope market

About FMI

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Overcaps Market Revenue Growth Predicted by 2029

This Overcaps Analysis market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Overcaps Analysis market.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Overcaps market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Overcaps market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Overcaps Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Overcaps market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Overcaps market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Overcaps market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Request Advisory : https://www.futuremarketinsights.com/request-advisory/rep-gb-10950

Why Choose Future Market Insights

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

Overcaps Market: Segmentation

Valuable information covered in the FMI’s Overcaps market report has been segregated into key segments and sub-segments.

On the basis of material, the global overcaps market has been segmented as:

Plastic
- Polyethylene (PE)
- Polypropylene (PP)
Metal
- Aluminum
- Steel

On the basis of diameter, the global overcaps market has been segmented as:

Up to 30 mm
31 to 40 mm
41 mm to 50 mm

On the basis of application, the global overcaps market has been segmented as:

Cans
Bottles
Spray Pumps

Overcaps Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Overcaps market. Competitive information detailed in the Overcaps market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Overcaps market report.

Key players covered in the report include:

Berry Global Group, Inc., O.Berk Company, Huhtamaki Oyj, Clayton Corp., AptarGroup, Inc., IPL, Inc., Precision Valve Corporation, Cobra Plastics, Dubuque Plastics, IntraPac International LLC, and Rieke. A TriMas Corporation Company

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Important Questions Answered in the Overcaps Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Overcaps market been expanding during the forecast period?
How will the global Overcaps market look like by the end of the forecast period?
What innovative strategies are adopted by Overcaps market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Overcaps market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Overcaps market

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Diaper Packaging Machines Market Important Changes in Industry Dynamics during 2019-2029

A diaper packaging machine is a machine that produces baby diapers and adult diapers. The diapers are inherently disposable in nature and comprise wood pulp and a super-absorbent material that can soak urine. These are usually used with elasticated waistbands and resalable bands to make the baby convenient. Due to the extensive use of baby diapers worldwide, diaper packaging machines are increasing in demand. The diaper packaging machines has a tendency of faster production speed and a great sense of production. The diaper packaging machines market is technologically highly advanced and depends on new innovative technologies to enhance productivity and efficiency.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Diaper Packaging Machines market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Diaper Packaging Machines market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Diaper Packaging Machines Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Diaper Packaging Machines market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Diaper Packaging Machines market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Diaper Packaging Machines market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Request Advisory : https://www.futuremarketinsights.com/request-advisory/rep-gb-10861

Why Choose Future Market Insights

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

Diaper Packaging Machines Market: Segmentation

Valuable information covered in the FMI’s Diaper Packaging Machines market report has been segregated into key segments and sub-segments.

On the basis of product type, diaper packaging machines market has been segmented as follows-

Semi-Automatic
Fully Automatic

On the basis of output capacity, diaper packaging machines market has been segmented as follows-

Less than 500 units per minute
Between 500 to 1000 units per minute
Above 1000 units per minute

Diaper Packaging Machines Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Diaper Packaging Machines market. Competitive information detailed in the Diaper Packaging Machines market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Diaper Packaging Machines market report.

Key players covered in the report include:

OPTIMA packaging group GmbH, Edson Packaging Machinery Ltd, ZUIKO Corporation, MD Viola Machine, DELTA SRL UNIPERSONALE, Fameccanica Data S.p.A., GDM S.p.A., Curt G Joa, Peixin International Group, JWC Group, Anqing Heng Chang Machinery Co., Ltd. (HCH), Hangzhou Loong Machinery Manufacturing Co., Ltd. and many more. Many local and unorganized players are expected to contribute to the diaper packaging machines market.

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Important Questions Answered in the Diaper Packaging Machines Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Diaper Packaging Machines market been expanding during the forecast period?
How will the global Diaper Packaging Machines market look like by the end of the forecast period?
What innovative strategies are adopted by Diaper Packaging Machines market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Diaper Packaging Machines market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Diaper Packaging Machines market

About FMI

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Disposable Cutlery Market Development, Trends, Key Driven Factors, Segmentation And Forecast To 2021-2031

Disposable cutlery has emerged as the most economical and efficient solution for both indoor and outdoor food service activities. Future Market Insights (FMI) in a new study has forecast the market to exhibit 0.9% Y-o-Y growth in 2021, after exhibiting negative returns in 2020.

Increasing consumption of food items outside of home, particularly at food service outlets and institutional food service outlets have been fuelling the demand for reliable disposable cutlery solutions.

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Use of disposable cutleries in hotels, pubs, bars and beyond has been a key game changer. For instance, these cutleries are highly sought-after for better convenience and hygiene factor in schools & offices. The convenient use and affordable pricing of disposable cutlery with availability of dispensed and wrapped types are driving growth.

Disposable cutlery Market Landscape

Huhtamaki Oyj, Pactiv LLC, Dart Container Corporation, and Georgia-Pacific LLC are the top players operating in the disposable cutlery market. Additionally, DOpla S.p.A., Vegware Ltd, I.L.P.A. S.p.A. Group, Genpak, LLC, D&W Fine Pack LLC, and Novolex Holdings, Inc. are some of the leading players operating in the market. Companies operating in the market are focusing on innovations to gain competitive advantage.

What are Prospects for Disposable Cutlery Sales in Future in Comparison to Historical Pattern?

Increasing emphasis on hygiene and easy product availability have resulted in high usage of disposable cutlery in end-use applications. Advantages such as recyclable nature, low cost, and appealing designs of disposable cutlery have been favoring their increasing use.

Disposable spoons are expected to remain highly sought after. While plastic still accounts for majority of disposable spoons sold worldwide, consumers are gradually transitioning towards wooden spoons. Use and throw wooden spoons are widespread in countries such as India, France, and others that have implemented stringent regulations against the use of plastic.

Rising Demand for ‘On-the-go Food’ Fuelling Sales

Millennials are increasingly looking for personal experiences with trendy goods. They also represent a major and rapidly growing segment of the market. In order to better satisfy the increasing demand of millennial, who prefer on-the-go food producers are also concentrating on expanding their disposable cutlery portfolios. To allow maximum customer convenience, they are seemed to be focusing increasingly on design. Ease in storage and grab-and-go features of disposable cutlery also contribute towards their sales, apart from practical features such as low costs and food hygiene.

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Key Segments

Fabrication Process

Thermoforming,Die Cutting,Injection Molding

Cutlery Type

Wrapped Cutlery,Dispensed Cutlery

End Use

Food Service Outlets,Hotels,Restaurants & Cafes,Quick Service Restaurants (QSR) Disposable cutlery Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global disposable cutlery market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the disposable cutlery market on the basis of product type (spoon (plastic (PP, PS, PLA) and wood)), fork (plastic (PP, PS, PLA) and wood)), and knife (plastic (PP, PS, PLA) and wood)), fabrication process (thermoforming, die cutting, and injection molding), cutlery type (wrapped cutlery, and dispensed cutlery), end-use (food service outlets (hotels, restaurants & cafes, quick service restaurants (QSR)), institutional food services (cinemas, airline & railway catering, schools & offices and hospitals) and household use) and sales channel (manufacturers (direct sales), distributors, e-retail, and retailers (hypermarkets, supermarkets, convenience stores, specialty stores, discount stores & warehouse/wholesale clubs)) across seven regions.

How are Growth of Home Delivery and Online Food Services Driving Disposable Cutlery Market?

Due to growing disposable income, changing lifestyles, and rapid urbanisation, particularly in emerging markets, consumer preference for takeaway or ready-to-eat food is rising. In addition, the corporate work culture contributing to out-of-home eating habits is also strengthening the market for single-use cutlery disposables for food service.

Why Consumers are Preferring Wrapped Disposable Cutlery?

Conventionally, dispensed cutlery has been prominently used in the end use application such as food service outlets, institutional service outlets and in households. However, from last few years and emergence of COVID-19 pandemic, wrapped cutlery products are majorly preferring by consumers, due to associated risk of health and hygiene. Wrapped cutlery in form of individual packets or in dispensers, assure the high level of hygiene on the table tops.

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Why Key Players Are Eyeing on China Market?

As per FMI, China disposable cutlery consumption is increasing at a high pace. Local players and consumers, alike, have been showing increasing inclination towards bamboo based cutlery, which are easy to degrade and reduces carbon impact. Furthermore, the government in China has recently unveiled its five year plan, in which it has expressed its intent to ban single use plastic products and containers such as plastic bags, tableware, and many other. This will have significant impact on increasing production and sales of wood based cutlery in coming decade.

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Paper Cups Market : The Trends Driving Growth by 4.5% CAGR and Shaping the Future 2031

Paper Cups Market is expected to surpass US$ 9210 Mn in 2021, at a CAGR of 4.5% between 2021 and 2031.Amidst banning of single use plastics across the globe and growing efforts to eliminate plastic from packaging has led to emergence of paper based packaging items as a feasible solution. This has lead to adoption of paper cups in food service industry over past few years.

Increasing focus on developing recyclable, biodegradable and plastic free cups, high demand for packaged foods and incorporation of disposable products in online food delivery services will further accelerate the market growth.

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FMI states that North America paper cups market will expand at 3.7% CAGR throughout the forecast period owing to high production and export of paper cups from U.S. along with the increasing demand from fast food joints in the region.

How is Changing Lifestyle Influencing the Paper Cup Demand?

Increasing consumption of beverages and fast food due to busy lifestyle in most of the cities in developed countries has led to the emergence of new coffee shops and fast serve restaurants. This trend is gradually penetrating in developing regions.

Surge in population along with increasing per capita income in developing nations has boosted the fast food and beverage market. Evolving lifestyle and establishment of fast food restaurants in middle-income and developed countries will emerge as a chief driver of paper cup sales.

Paper cups are cheap, eco-friendly and very hygienic. This has resulted in increased demand for paper cups in take-away and food delivery applications. Heightened awareness regarding harmful nature of single use plastics on environment has promoted the development of disposable packaging solutions to reduce carbon emission, increase recycling and better waste management.

Presence of fast food giants and rising awareness in western countries regarding harmful effects of plastic has boosted the adoption of paper cups in such region. Market players are emphasizing on penetrating emerging economies of Asia and Africa due to surge in opening of fast food joints, rise in millennial and working population and soaring popularity of dining out in these countries.

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Key Segments Covered in Paper cups Market Study

Cup Capacity:

Up to 150 ml,151 to 350 ml,351 to 500 ml,Above 500 ml

Cup Type:

Cold Beverage Cups,Hot Beverage Cups

Sales Channel:

Supermarkets,Distributors,Departmental Stores,Online Sales

End User:

Food service,Institutional,Households

“Implementation of strict regulations on plastic waste generation WILL drive the sales of paper cups to reduce pollution. Rising demand for disposable and biodegradable packaging to cater to busy lifestyle will boost the paper cups market growth throughout the forecast period,” says the FMI analyst.

Country-wise Analysis Why Is U.S leading the Paper cups Market?

Stringent government policies regarding usage of plastic packaging, increasing paper recycling activities and presence of leading fast food chain in the country will boost the consumption of paper cups across the U.S.

As per the U.S. Environmental Protection Agency’s report, more than 292 million tons of municipal solid waste (MSW) was generated in 2018. Around 69 million tons of total generated MSW was recycled and 25 million tons was composted.

Table Of Content

1. Executive Summary

1.1. Global Market Overview

1.2. Analysis and Recommendations

1.3. Wheel of Opportunity

2. Market Overview

2.1. Market Definition

2.2. Market Taxonomy

3. Paper Cups Market Demand and Pricing Analysis

3.1. Historical Market Volume (Mn Units) and Value (US$ Mn) Analysis, 2016 – 2020

3.2. Current and Future Market Volume (Mn Units) and Value (US$ Mn) Projections, 2021 – 2031

3.3. Y-o-Y Growth Trend Analysis

3.4. Pricing Analysis By Cup Capacity

4. Market Background

4.1. Global Packaging Market Outlook

4.2. Global Food Service Packaging Market: The Benefits

4.3. Foodservice Packaging Legislations

4.4. Top Quick Service Restaurants

4.5. End User Preference Findings

To be Continued…

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Rising popularity of vending machines in North America and European nations and development of intelligent vending machines for better customer experience will increase the sales of paper cups throughout the forecast period.

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Steel Drums Market to increase rapidly by 2031| Emerging industries, Challenges and Threats Faced by Key Vendors

Steel drums have emerged as preferred rigid packaging solutions as they are increasingly used for transporting hazardous and non-hazardous material. According to a study by Future Market Insights (FMI), the steel drums market is forecast to register steady growth on the back of increasing applications in industries such as chemicals, food & beverages, petroleum & lubricants, healthcare & personal care, building & construction, paints, inks, & dyes, and others. Driven by this, the steel drums market is forecast to reach nearly US$ 11. 4 Bn by 2021.

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Over the past few years, the steel drum is gaining popularity among various end-use industries especially for storage and transportation of liquid materials as it offers safe and secure packaging solution. Also, rising concerns about sustainability is creating growth opportunities. Future Market Insights forecasts the market to continue growing at a positive rate between 2021 and 2031.

Steel Drum Market Landscape

Greif Inc., Mauser Packaging Solution, and SCHÜTZ GmbH & Co. KGaA are the top players operating in the steel drum market. Furthermore, Time Technoplast Ltd., Balmer Lawrie & Co. Limited, Nippon Steel Drums Co. Ltd., are some of the companies operating in the steel drum market. The Tier 3 players in the market hold 75-80% in the global steel drum market.

“Companies operating in the market are focusing on improving designs of steel drums to make them more light-weight, efficient, and cost-effective. Also they are focusing on expanding footprint via strategic collaborations,” says an FMI analyst.

Rise in Demand for Steel Drum in Chemical Sector Augmenting Sales

The demand for steel drums in the chemical industry is rising due to the changing way of industrial packaging solution by pooling and leasing the containers and drums. The standards for using steel drums are set by various countries and various regulations such as the U.S. Department of Transportation (DOT), United Nations regulations. Majorly the steel drums are used by the chemical industry to store and transport hazardous and non-hazardous materials.

Demand for Effective Transportation of Large Volume of Liquid Driving Growth

The increasing production of manufacturing and industrial sector is one of the major factors augmenting sales of steel drum. The low manufacturing cost in developing economies such as India and China has led key players of various end-use industries to move their production facilities and expand their market in the South & East Asia. This will lead to growth in trade volume in the region. Also, East and South Asia will emerge as a global trade hub, increasing opportunities for the global steel drum market.

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Steel Drum Market by Category:

Capacity

55 Gallon Steel Drum, Other than 55 Gallon Steel Drum

Head Type

Tight Head Steel Drum, Open Head Steel Drum

Material

Carbon Steel, Stainless Steel Expansion of Paints, Inks, & Dyes Industry Pushing Steel Drum Sales

Steel drums usage is rising in shipping and storing of liquid materials such as paints, inks & dyes. They are considered the most suitable rigid packaging solutions for transporting hazardous and non-hazardous material especially liquid material. Also, steel drums are easy to handle and are considered more effective for storage.

The paints, inks, & dyes industries demand safe and secure packaging solutions for their product protection. As per the American Coating Association, almost half of the coating and paint products are regulated by the U.S. Department of Transportation’s (DOT) modal regulations and are required to meet the criteria for hazardous materials.

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Furthermore, handling of IBCs is easier than steel drums as they are attached to the pallets from the bottom. IBCs have the capability of draining completely, while steel drums it is not possible as the residue is left at the bottom. Another important factor, which limits the market growth of steel drum is corrosion resistance power. The steel drums do not have corrosion resistance capability which increases the chances of contamination.

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Sachet Packaging Market : Expected to reach highest CAGR by 2031

Sachet packaging market is expected to reach a valuation of 8.7 Bn in 2021. With increasing demand for small-sized and convenient packaging solutions, the sachet packaging market is set to experience a year-on-year (YoY) growth rate of 5.4% in 2021.

Key Companies operating in the sachet packaging market are focusing on organic growth strategies such as product launches and product approvals. They have adopted various strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market.

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For instance, in July 2021 Uk-based companies Unilever and Mondi jointly developed aluminium-free, recyclable paper-based packaging for Colman’s meal maker and sauces range. The high-barrier packaging material replaces the previously used multi-material laminate with 85% paper content.

Similarly in June 2021, Amcor introduced high barrier plastic sachet for powered chocolate in Columbia. The high barrier sachet is specially designed to protect the powered chocolate against ambient humidity. It also reduces the carbon footprint by 53%.

“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”.

Manufacturers Eyeing Emerging Economies

Nearly 70% of the world’s population makes less than US$ 10 per day. Therefore, brands across the globe see it fit to reduce pack size and quantity to successfully penetrate the markets across all income categories.

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.

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Key Segment:

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) 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.

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Key Factors Shaping the Sachet Packaging Market Plastic, the Most-Preferred Material in the Sachet Packaging Market

Despite the intolerance for plastic use, plastic is a widespread material type used for sachet packaging, due to its high acceptance among manufacturers. Usually, PET is used to provide strength by acting as a barrier.

The layer being printable, also plays a key role in brand advertising and promotion, making it the most preferred material choice for sachet manufacturers. Polyethylene is anticipated to be the most used material for sachets owing to its lightweight and high tensile strength as compared to other plastic materials.

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Straw Market Growth Set to Surge Significantly During 2019 – 2029

The recent past has observed significant increase in the number of foodservice restaurants. This would remain among the leading factors driving consumption of straws at a global level. After bans on using single-use plastic straws, manufacturers are offering straws that can decompose and have less impact on the environment. Consumption of straws is anticipated to increase owing to increasing fast food outlets and consumption of alcoholic and non-alcoholic beverages. On the back of these factors, the straw market is projected to expand at a strong CAGR of nearly 7% during the forecast period (2019 – 2029).

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E-catering and Online Foodservice Platforms to Propel Straw Market Growth

Online foodservice platforms are providing convenient delivery at low costs, along with efficient packaging solutions, which is fueling worldwide sales of straws. Changing consumption pattern from offline to online sales channel in the F&B industry is anticipated to drive the straw market growth. Increasing number of fast food outlets and restaurants are also anticipated to create huge demand for straws in coming years.

Rising Consumption of Compact Beverage Packages

To ensure consumers’ convenience and hygiene at workplace, brand owners and corporates prefer straws along with tetra packs. Manufacturers directly provide packaged products to convenience stores and retailers. Consequently, the demand for packaged beverages is expected to fuel the straw market growth in coming years.

Rising Consumption of Compact Beverage Packages

In 2017, total consumption of fruit juices & nectar in the European Union accounted for revenues that roughly equated 9 billion liters, in which Germany accounted for around 25% of it. According to UNESDA, soft drinks can be a part of healthy and balanced lifestyle, which add values to production and marketing of soft drinks, eventually increasing the consumption of straws in the region.

Enhanced Production Capabilities Translating into More Opportunities

Europe is anticipated to be one of the key regions that focuses on reducing usage of single-use plastic straws by replacing them with other reusable and biodegradable straws. This can create huge growth opportunities for manufacturers in the straw market.

Key Developmental Strategies and Competition Trends

Leading players are focusing more on product launches, mergers, and collaborations to expand their production capabilities. Key participants in the straw market are focusing on adopting business models and growth strategies in synchronization with biodegradability of straws. For instance, Hay Straws, a US-based manufacturer, offers straws that are made of wheat by products.

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Sustainable Straws – A Differentiating Strategy

As single use plastic straws are subject to regulatory backlash, key market players are turning to sustainable material choices such as metal, glass, bamboo, and paper. Although these eco-friendly alternatives are relatively expensive than plastic, they minimize the environmental impact and promote sustainability in the market. Paper will continue to gain higher traction than its glass and metal counterparts owing to the relatively low price point.

How Growth will Unfold

Foodservice industry would remain the key revenue generator for straw market players, reaping profits of around US$ 5 Tn by the end of 2019. Sales of straws in bars, lounges, and hotels will contribute a major share, whereas that in restaurants and motels will witness remarkable growth in the near future.

Cafes, on the other side, have been registering maximum annual growth in straw sales over the recent past. They are thus being perceived as an attractive revenue pocket for straw manufacturers. Demand growth in the institutional sector, especially in corporate environments, also appears positive. Manufacturers will further tap white spaces in the educational and healthcare industries for better returns.

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

Product

Plastic,• Bamboo,• Metal,• Paper,• Glass,• Silicone,• Others

Straw Length

<9 cm,• 9-15 cm,• 16-20 cm,• >20 cm

Sales Channel

Manufacturers, • Distributors,• Retailers,• E-retail

End Use

Foodservice,• Institutional,• Households

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Straw Market – Key Trends Shaping Competition

Manufacturers in the straw market are adopting collaboration strategy to expand their global reach. Leading players are offering wide range of options for straw consumers, such as collapsible straws, biodegradable straws, recyclable straws, reusable straws, and straw (Hay) straws.

Product Launch

A new entrant in the straw market, Final Straw, which is a straw manufacturer, came up with a product ‘Collapsible Straw’. This can be folded and carried with a keychain, and is also reusable.

Straw manufacturers should focus on investments in novel material combinations to enhance the quality of straw, along with taking recyclability into consideration. Furthermore, small and medium scale players in the global straw market should augment investments in marketing through online foodservice platforms to establish themselves as a brand.

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PET Preforms Market Deep Analaysis of Price, Revenue, Gross Margin 2020-2030

Rising at a CAGR of 3.8% in terms of value, the PET preforms market is forecast to rise at a steady pace between 2020 and 2030. Future Market Insights (FMI) in its latest study has forecast growth opportunities to spur especially with industries taking measures to reduce the harm done to ensure maximum safety of the environment. Key players in the beverage packaging industry are updating the manufacturing processes and shifting to recycling programs.

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Additionally, this shift helps the companies improve their brand image in the eyes of the customers. Big players such as Coca Cola, Nestle and others proudly source a significant amount of its consumption from recycled materials.

Who is winning?

Key players are expected to hold almost 20 % of the global PET preform market. However, market is highly fragmented and small and medium sized companies are predicted to contribute to the 80% of the remaining market.

Few key players in the PET preforms market are ALPLA Werke Alwin Lehner GmbH & Co KG, Plastipak Holdings, Inc., and Logoplaste UK Ltd., etc. are the top players operating in the PET preforms market. Furthermore, Retal Industries Ltd, Resilux NV, Societe Generale Des Techniques (SGT), Taiwan Hon Chuan Enterprises Co., Ltd., etc

Growing significance for sustainable packaging solutions with recyclable materials is driving the global PET preforms market. FMI offers a comprehensive overview of the market in its recent studies.

Ready to drink Beverages driving the market

Beverages industry is predicted to remain a key end user of PET preforms throughout the forecast period. Expansion of the ready-to-drink (RTD) market is boosting the global PET preforms market. Single-serve RTD beverages are already quiet popular in developed countries and are gaining popularity in the developing countries as well. Availability of such products in the local grocery and convenience stores is expected to help the market expand and have accelerated growth.

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Covid-19 impact

Covid 19 pandemic outbreak and the restrictions put forth because of it have impacted global PET preforms market heavily. The market is seeing a considerable decline in demand owing to lockdowns implemented across the world.

The spread of the novel corona virus across globe has disrupted supply chains, impacting packaging industry as well. As productions came to a standstill and transport became impossible due to lockdown restrictions, the industry suffered heavy losses.

Furthermore, shortage of raw materials and absence of labors and skilled workers from plants has aggravated the situation. Unfavorable market conditions, as consumer has become skeptical about his spending have added to the woes of the market.

Surge in Bottled Water Consumption to Fuel Demand

The demand for PET preforms for packaging of water is growing at an accelerated rate, taking its market value to more than half of the total beverages market.

Bottled water is projected to be the most consumed drink as it is the only drink which is calorie free, without additives, sugar and is nourishing.

According to a recent study by the European Federation of Bottled Water (EFBW), 48% people prefer bottled water over other packaged non-alcoholic beverages. Be it sparkling or still, with high or low mineral content, water still remains the most favored drink by many.

Key challenges

The PET preforms market is witnessing challenges as many governments, Environmentalists and NGOs are demanding ban on single use plastic.

Plastic bottles have been impacted heavily after the implementation of measures to reduce plastic usage. The inclination towards more sustainable and recyclable materials is picking demand as a result.

Bottled water industry is therefore seeking an alternative way of packaging as well to reduce harmful impact of plastic on the environment.

East Asia PET Preforms Market

East Asia is anticipated to have highest growth trajectory, at a CAGR of 4.6%. The region is expected to capture market as big as Europe by the end of 2030.

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Key Questions Answered in the Report What is the expected growth rate for PET preforms market?The PET preforms market is predicted to grow at a CAGR of 3.4 % at the end of the forecast period 2020-2030. Which region is leading the global PET preforms market?North America is the largest markets for PET preforms market. Europe is close behind accounting for the second-leading share. In the coming years however, South Asia is forecast to exhibit growth at a higher rate. Which is the leading end-use industry in PET preforms market?Beverage industry is the leading end user with highest market share.

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