Industrial Drums Market is Expected to Exhibit a CAGR of 7.1% From 2017 to 2027

Future Market Insights has recently published a report titled “Industrial Drums Market: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2027).” The report states that the preference for industrial drums is steadily rising owing to their convenience and inexpensive nature. A drum is a round and hollow holder utilised for delivery of mass freight.

Drums can be made of steel, thick paperboard (usually known as a fibre drum), or plastics, and are for the most part utilised for the transportation of fluids and powders. Drums are regularly used for the shipment of unsafe products. Sent products must be coordinated with the make of the drum and it is important to adhere to relevant regulations. Drums are additionally called barrels in like manner use.

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The global industrial drums market is expected to exhibit a CAGR of 7.1% from 2017 to 2027. The market is expected to rise to a valuation of approximately US$ 17,684 Mn by the end of the forecast period. On the basis of product type, steel drums are expected to account for a leading share of over 73% by the end of 2027. Although steel drums are anticipated to lead the market throughout the forecast period, the use of plastic drums is expected to rise in the years ahead owing to their inexpensive nature.

Inexpensive and Convenient Nature of Industrial Drums to Fuel Global Adoption

One of the significant factors triggering the demand for industrial drums is the convenience and inexpensiveness offered by industrial drums. The performance of the manufacturing sector and industrial output has further supported the demand for industrial drums in the global market. Manufacturing activities in India and China are challenging at one hand and the ASEAN countries are competing to match up to this, thus intensifying the demand for industrial drums.

The performance of European countries has stabilised and is likely to grow at a modest rate resulting in heightened demand for products used for shipping purposes. As there is a high co-relation between industrial output and demand for industrial drums, with a stabilised manufacturing sector output, the enhanced demand for industrial drums is evident. Though the demand for these industrial products is likely to be highly concentrated in the APAC region, a substantial contribution to the global demand is also anticipated from other clusters such as the Middle East and Eastern Europe. The Western Europe and North America markets are likely to post perpetual demand during the forecast period.

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APEJ to Present Lucrative Growth Prospects for Industrial Drums

The Asia Pacific except Japan or APEJ region is witnessing headway in the consumption of industrial drums for exporting vegetable oil and wines. Oil exporters in South East Asian countries including Indonesia and Malaysia are preferring industrial drums over other bulk packaging products. Industrial drums provide higher operational efficiency and effectiveness in shipping bulk quantities of commodities in liquid form. Exports from ASEAN countries of products such as palm oil is witnessing strong demand in India, China and countries across Europe. The exports of vegetable oil and related products has grown by 1.5x between 2007 and 2016. Industrial drums have emerged as a cost-effective transport packaging solution for shipment of other non-hazardous materials such as wines, fruit juices, etc. Countries in the APEJ region with strong agricultural output are improving their export volume by implementing effective means of storage, transport and packaging solutions.

Preview Analysis on Industrial Drums Market Segmentation By Product Type – Steel Drum, Plastic Drum, Fibre Drum; By Capacity Type – Up to 100 Litre,100 to 250 Litre,250 to 500 Litre, Above 500 Litre; By End User Type – Food & Beverages, Chemical & Fertilisers, Pharmaceuticals, Petroleum & Lubricants, Building & Construction, Paints, Inks, & Dyes, Other End Uses: https://www.futuremarketinsights.com/reports/industrial-drums-market

Product Quality to be of Primary Concern to Market Players

The players operating in the market are mainly focussing on enhancing their product quality and differentiating from their competitors in order to maintain a stronghold over the market. Some of the companies operating in the global industrial drums market are Greif, Inc., Sicagen India Ltd., Balmer Lawrie & Co. Ltd., Time Technoplast Ltd., Schutz Container Systems, Inc., Mauser Group B.V., Industrial Container Services, LLC, TPL Plastech Ltd., Eagle Manufacturing Company, and U.S. COEXCELL Inc.

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  • Nylon Films for Liquid Packaging Market Nylon Films for Liquid Packaging Market Segmentation By Material Type – Nylon 6, Nylon 6,6, Nylon 6,12,Others; By Product Type – Pouches, Multi-Layer Pouches, Bags (Bag-in-Box, Bag-in-Tubes, Liquid Packaging Cartons,Others),Others; By Application Type – Hot Fill Packaging, Bulk Food Packaging, ESL, Aseptic Packaging, Others; By End Use Type – Food, Beverages, Personal Care &Cosmetics, Home Care, Industrial, Other: https://www.futuremarketinsights.com/reports/nylon-films-for-liquid-packaging-market
  • Plastic Caps and Closures Market Plastic Caps and Closures Market Segmentation Cap Type – Screw Closures, Snap Closures, Push-Pull Closures, Others; Material Type – Thermoplastics, PE, LDPE/LLDPE, HDPE, PP, Others (PS, PET, etc.), Thermosets; End Use – Beverages(Non-Carbonated Drinks(Alcoholic Beverages, Bottled Water, Fruit Beverages, Ready to Drink Beverages, Sports Drinks), Carbonated Drinks), Food, Pharmaceuticals, Household, Cosmetics & Personal Care, Others (Chemical & Fertilisers, etc.): https://www.futuremarketinsights.com/reports/plastic-caps-and-closures-market

The global metal cans market is expected to rise at a CAGR of over 4.8% 2021 to 2031

The global metal cans market is expected to foresee substantial growth in the coming years owing to the rising use of these can in the packaging of food and beverages, mainly in the packaging of non-aerated and aerated beverages. The rise the portfolio of personal products is expected to naturally augment the global metal cans market

The demand for metal cans is rising subsequently owing to the fact that they are completely recyclable without losing the sturdiness and quality of the product. The demand from consumers for lightweight packaging and the rising awareness pertaining to the use of packaging materials that are non-carcinogenic, are further expected to propel the demand for metal cans.

The new research report on metal cans published by Future Market Insights (FMI) provides a comprehensive overview of the global market and presents a trajectory of the market in terms of historical, present, and future forecast. The report also offers an outlook of the competitive landscape of the market along with presenting insights on the basis of the product portfolio, strategies, mergers, acquisitions, and other important aspects pertaining to them.

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A segmental overview along with regions has also been provided in the report. According to FMI, the global metal cans market is expected to rise at a CAGR of over 4.8% 2021 to 2031.

Segmental Insight on the Global Metal Cans Market

On the basis of region, the global metal cans market has been segmented into North America, Latin America, Europe, Japan, Asia Pacific except Japan, and the Middle East and Africa. Amongst these, Asia Pacific except Japan (APEJ) is expected to lead the global market by the end of the forecast period. This growth can be attributed to the rising population in the region and the growing urgency to cater to their increasing needs.

The setting up of new manufacturing units in the region is also expected to be one of the triggering factors for the market in the region. North America and Europe are expected to closely follow APEJ and also have a neck to neck competition. However, these regions are expected to exhibit a sluggish growth rate as compared to APEJ.

Based on the basis of material type, the global market for metal cans has been classified into aluminium, steel, and tin. Among these three, aluminium is going to emerge as the most popular metal used in packaging over the coming years.

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On the basis of fabrication type, the market has been bifurcated into two piece can and three piece can. Two piece can is projected to exhibit a higher CAGR as compared to the other and also emerge dominant by 2031 end.

In terms of application, the market has been segmented into alcoholic beverages, non-alcoholic beverages, processed dairy food products, other processed food products, edible oil, medicinal tablets and syrups, personal care and cosmetic products, and industrial chemicals. Among all these, alcoholic beverages will foresee a growing application of metal as compared to the other application areas and is also expected to lead the market by the end of the forecast period.

Based on end user, the market has been segmented into, food and beverages, pharmaceutical industry, consumer goods, and chemical. The leading end user among these is likely to be the food and beverages industry by the end of the forecast period.

Competitor Landscape

The entry of new players in the market among personal care and food and beverage products is expected to intensify the competition in the years to come. Moreover, the present and new players’ focus of innovative packaging is likely to be a lucrative strategy to capitalize on. The companies operating in the market are Rexam PLC, Silgan Containers LLC, Independent Can Company, Crown Holdings, Inc., and SKS Bottle & Packaging, Inc., among others

Rising demand for stretch blow molded products across various industries has increased the demand immensely for PET stretch blow molding machines

PET stretch blow molding machines produce bottles for juices, water, soda, detergents, soda bottles and several other products by stretching preforms in both the axel direction and the hoop direction. The PET stretch blow molding machines market is expected to witness a sluggish growth that is mainly driven by the large consumer base of the beverage industry demanding bottles produced by PET stretch blow molding machines.

According to a new research report by Future Market Insights titled ‘PET Stretch Blow Molding Machines Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,’ the global PET stretch blow molding machines market is expected to grow at a CAGR of 2.2% during the forecast period. The global PET stretch blow molding machines market was valued at over US$ 600 Mn in 2017 and is expected to reach a valuation in excess of US$ 800 Mn by the end of 2027.

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PET Stretch Blow Molding Machines Market: Trends and Opportunities

Rising demand for stretch blow molded products across various industries has increased the demand immensely for PET stretch blow molding machines. Manufactures are increasing their investments on design and development of energy efficient PET stretch blow molding machines with a large number of blowing cavities and feed lines. Manufacturers are producing PET stretch blow molding machines compatible with various end use needs such as the ability to manufacture products withstanding high temperature or pasteurisation process and self-collapsible containers. Also, for the longer run production cycle, two step PET stretch blow molding machines are proving to be more economical over single step PET stretch blow molding machines.

PET Stretch Blow Molding Machines Market: Segmental Highlights

  • Based on region, China is expected to dominate the global PET stretch blow molding machines market with a projected market value of over US$ 200 Mn by the end of 2027, growing at a CAGR of 3.0% during the forecast period. The APEJ regional market is also expected to witness a similar CAGR during the forecast period.
  • Based on technology type, single step leads the market with an estimated market revenue of over US$ 450 Mn by the end of 2027. However two step technology is expected to grow at a higher CAGR than single step during the forecast period.
  • On the basis of orientation type, rotary leads in terms of revenue, whereas linear dominates the market with a higher CAGR during the forecast period.
  • On the basis of end use, the personal care and cosmetics industry dominates the global market with an expected growth at a CAGR of 2.4%. However, the beverages industry is anticipated to hold the maximum market valuation of over US$ 260 Mn by the end of 2027.

PET Stretch Blow Molding Machines Market: Competitive Landscape

This research report presents the competitive landscape of the PET stretch blow molding machines market with a complete profile of all the leading players in the industry. Some of the top companies profiled in the report are Krones AG, Sacmi Imola S.C., Nissei ASB Machine Co., Ltd., SMI S.p.A., Guangzhou Tech-Long Packaging Machinery Co., Ltd., KENPLAS Industry Ltd., W. Amsler Equipment Inc., Zhejiang Huangyan Lingma Plastic Machinery Co., Ltd. Etc

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  • Stretch Hood Films Market Stretch Hood Films Market Segmentation By Material – Polyethylene(LLDPE, LDPE, HDPE), Ethylene Vinyl Acetate, Plastomers, Elastomers & others; By End Use – Construction, Food & Beverages, Pharmaceuticals, Consumer Product, Paper, Textile, Chemical & Fertilizers; By Thickness – Up to 50 microns, 50-100 microns, 100-150 microns, 150 microns & above: https://www.futuremarketinsights.com/reports/stretch-hood-films-market

Labels Market: Food & Beverage to remain the top end-use industry in terms of revenue during the forecast period

Labels play an important role at every stage of the value chain of consumer products. Labels are an important tool for promoting a company’s brand. Labels are also useful because they contain some important information about product attributes, such as manufacturer details, contents and ingredients, and specifications for use. In addition to providing this important information, labels also contain elements of marketing communications.

This communication helps achieve the manufacturer’s goals from a marketing standpoint as the product reaches retail outlets. Labels also contribute to building the brand value of a particular product by adding aesthetic value to the product. Labels help consumers differentiate a product and increase the overall value of the product. Labels are applied to a variety of substrates such as paper, glass, plastic, etc.

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Global Label Market: Forecast Analysis

Future Market Insights has  published a new research report titled ‘Labels Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)’ which includes an analysis of the various segments of this market in key regions across the globe  . According to this research report, the global   label market   is projected to grow at a moderate CAGR during the evaluation period and is projected to reach a market value of nearly US$59,500Mn by 2026.

Global Label Market: Segmentation Insights

The global label market is segmented on the basis of product type, material type, end use, and region.

  • By product type   , self-adhesive labels are expected to become the largest sub-segment valued at nearly US$21,150Mn at the end of 2017, exhibiting a CAGR of 4.0% during the 2017 valuation period. -2026
  • By material type,   plastics films are projected to become the largest sub-segment in terms of value and are expected to be valued at nearly US$ 36,150Mn at the end of 2026, poised to exhibit a CAGR of 3.9% over the valuation period. .
  • Based on end use,   food is projected to be the largest sub-segment in terms of value, expected to be valued at nearly US$16,600 million by the end of 2017, at a CAGR of 4.3% during the valuation period.
  • By region,   APEJ is expected to lead the global label market in terms of 2017 revenue, with a value of approximately US$10,400 Mn by the end of 2017. The APEJ regional market is poised to exhibit a CAGR of 5.7% during the evaluation period.

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Global Label Market: Competitive Landscape

The research report on the Global Labels Market consists of specific sections dedicated to studying the competitive landscape of this market in which the key players operating in the market have been profiled. This section also contains important information about the company such as company overview, key financials, geographic scope, SWOT analysis, key strategies, etc. Companies included in this study include WS Packaging Group, Inc., UPM Raflatac, Avery Dennison Corporation, Brady Worldwide, Inc., CCL Industries, Inc., Fuji Seal International, Inc., 3M Company, Herma Gmbh, Lintec Corporation, and Bemis Company.

About Future Market Insights Packaging

FMI’s Packaging division provides in-depth historical analysis and detailed forecasts of the global packaging market. From packaging materials to designs and formats, FMI has an exhaustive market research database, providing customers with unique products and strategic recommendations. With a repository of more than 750 reports, the team comprehensively analyzed the packaging industry in more than 70 countries. The team evaluates every node in the value chain and provides end-to-end research and consulting services. Contact us to find out how we can help

The global wine barrel market was valued at US$ 3,197.8 Mn in 2016, and is forecast to be valued at US$ 5,268.1 Mn by the end of 2027

The global wine barrel market is expected to project a fairly positive outlook over the forecast period, with emerging economies such as South Africa, China, Brazil, India, etc. registering comprehensive growth over the forecast period. The Western Europe region accounts for nearly 1/3th of the global wine barrel market. A new report published by Future Market Insights titled “Wine Barrel Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” tracks the performance of the global wine barrel market during the projected period of 10-years between 2017 and 2027.

The global wine barrel market was valued at US$ 3,197.8 Mn in 2016, and is forecast to be valued at US$ 5,268.1 Mn by the end of 2027, expanding at a CAGR of 4.7% over the forecast period. Highest production of American Oak and French Oak is a key factor boosting market revenue growth. Countries such as Argentina, Chile, Australia and China are most favorable in the global wine barrel market and are expected to drive global sales of wine barrels.

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Global Wine Barrel Market: Forecast by Oak Type

On the basis of oak type, the global wine barrel market is segmented into French Oak, American Oak and Eastern European Oak. The French Oak segment is expected to gain 160 basis points over the forecast period. This segment is likely to emerge as the most attractive oak type over the forecast period. The French Oak segment is anticipated to create an incremental opportunity of US$ 1,114.4 Mn during the forecast period, accounting for an estimated value share of 49.8% of the global wine barrel market in 2017.

Global Wine Barrel Market: Forecast by Toast Level Type

Segmentation by toast level type includes light toast, medium toast, medium plus toast and heavy toast. Medium toast level type is a popular segment and is expected to hold more than 40% revenue share in the global wine barrel market throughout the forecast period. The medium toast segment is expected to create an incremental opportunity of US$ 910.1 Mn during the forecast period. Medium plus toast is the second largest segment anticipated to account for 26.1% of the global wine barrel market share in 2017.

Global Wine Barrel Market: Forecast by Capacity

By capacity the global market is classified into barrique, hogshead, puncheon and others. The barrique segment (i.e. 225 litres) is expected to generate an incremental opportunity of 1,156.9 Mn over the forecast period.

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Global Wine Barrel Market: Forecast by Region

The seven key regions of North America, Latin America, Eastern Europe, Western Europe, APAC, Japan and MEA are analysed in this report. Western Europe is estimated to be the leading market for wine barrels with a market share of 37.1% in 2017 in terms of value and is expected to expand at a CAGR of 4.4% during the forecast period.

Global Wine Barrel Market: Key Manufacturers

Seguin Moreau Napa Cooperage, StaVin Inc., Tonnellerie de l’Adour, Damy Cooperage, Premier Wine Cask, Inc., The Barrel Mill, Billon Cooperage, Tonnellerie Radoux , The Oak Cooperage, East Coast Wood Barrels Corp, POZVEK d.o.o., Canton Cooperage, Nadalié USA, World Cooperage and A.P. John Cooperage are some of the top manufacturers of wine barrels.

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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.

Top Load Cartoning Machines Market to surpass a valuation of US$ 700 Mn by 2030 – FMI

As per the latest report compiled by Future Market Insights (FMI), the global market for top load cartoning machines is likely to witness moderate growth. The market is projected to register 4.5% CAGR during 2017-2026. By the end of 2026, the global top load cartooning machines market is estimated to reach 766.8 million revenue. The most influential factor in the top load cartooning machines market is the evolution of the packaging machinery market. Developers of top load cartooning machines are focusing on improving the design in order to expand the capacity. Manufacturers are introducing new models to strengthen their position in the market.

The demand for innovative packaging solution is resulting in the development of modular top load cartoning machine. Key players are increasingly investing in the research and development to integrate advanced technology and deliver maximum efficiency. The manufacturers are also developing machines that can handle huge volume with minimal human effort, thereby minimizing errors and eliminating the wastage of raw materials.

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Key Highlights on the Global Top Load Cartoning Machines Market

The global market for top load cartoning machines is segmented on the basis of product type, capacity, end use industry, and region. On the basis of product type, the market is segmented into horizontal and vertical. Horizontal top load cartoning machines are likely to be one of the top-selling products. By 2026 end, horizontal top load cartoning machines are estimated to exceed US$ 600 million revenue.

Based on the capacity, top load cartoning machines with the capacity of 150-400 CPM are likely to witness robust growth throughout the forecast period 2017-2026. 150-400 CPM capacity of top load cartoning machines are projected to reach nearly US$ 300 million revenue by 2026 end.

On the basis of the end use industry, Food industry is expected to emerge as the largest end user of the top load cartoning machines. By the end of 2026, the food industry is estimated to create an incremental opportunity surpassing US$ 70 million between 2017 and 2026.

Region-wise, the global top load cartoning machines market is segmented on the basis of Europe, North America, Japan, Asia Pacific Excluding Japan (APEJ), the Middle East and Africa (MEA) and Latin America. Among these regions, Europe is likely to remain dominant in the global market for top load cartoning machines. Europe is projected to register 3.6% CAGR during the forecast period 2017-2026.

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Global Top Load Cartoning Machines Market: Competition Landscape

The report provides a detailed profile of some of the key market players active in the global market for top load cartoning machines. The companies operating in the market are Robert Bosch GmbH – Packaging Technology, Molins Langen – Molins PLC, Omori Machinery Co. Ltd., Tetra Pak International S.A., Cama Group, Rovema GmbH, Econocorp Inc., Bradman Lake Group Ltd., PMI Cartoning, Inc., and ADCO Manufacturing. Most of the players operating in the global top load cartoning machines market are incorporating advanced technologies to develop machines that can offer efficiency and at the same time ensure smooth functioning of the process.

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.

Food Irradiation Market to Surpass US$ 300 Mn by 2030

The global food irradiation market is scheduled to cross the US$ 300 million mark by the end of 2030, according to ESOMAR-certified firm, Future Market Insights’ new report.

Heightening concerns regarding food adulteration and contamination is augmenting the need for effective quality assessment solutions, thus expanding the scope of food irradiation technologies. These technologies help enhance the shelf life of foodstuffs by eliminating bacterial and fungal growth.

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Furthermore, accelerating demand for sterile foods in healthcare settings is also providing traction to food irradiation technologies. Sterile foods are highly beneficial for patients suffering from life altering diseases such as cancer and HIV/AIDS.

Key Takeaways from FMI’s Food Irradiation Report

  • Stringent government regulations to stimulate food irradiation market in upcoming years
  • Gamma radiation sources to remain highly prevalent due to their effectiveness and safety
  • Ozone-based food irradiation technology to acquire immense popularity, attributed to its eco-friendly nature
  • Asia-Pacific to generate lucrative revenue prospects during the 2020-2030 forecast period
  • Limited awareness about food irradiation techniques likely to restrain growth moderately

“Rising incidences of food related mortalities is pushing vendors to invest in enhanced food irradiation technologies to make quality food available to potential customers,” opines the FMI analyst.

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COVID-19 Impact Insights

The novel coronavirus pandemic has led to a major global economic downturn. Multiple industries are experiencing production cycle and supply chain disruptions due to government enforced lockdowns to contain the virus’s spread. Consequently, they are experiencing reduced profit and revenue margins.

With regard to food irradiation, sluggishness is anticipated to remain until the latter half of 2021. This is primarily because of a reduction in laboratory testing due to curbs on on-premises operations by agencies. However, this downturn is not expected to be severe, as testing is possible under remote conditions as well.

Furthermore, demand for clean-label and adulterant free foods has especially heightened since the pandemic’s onset, attributed to fears of contracting the coronavirus through the ingestion of contaminated foodstuffs. This is expected to sustain demand for food irradiating tests throughout the duration of the pandemic.

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Competition Landscape

The global food irradiation market is interspersed with the presence of various regional and international level manufacturers. Prominent vendors include Food Technology Service Inc., Sterigenics International Inc., Gray Star Inc., Ionisos SA, Nordion Inc., Reviss Services Ltd., Sadex Corporation, Sterix Isomedix Services, Scantech Sciences Inc., and Phytosan SA De C.

A combination of divestitures, expansion of manufacturing and business capacities and acquisitions characterize the aforementioned players’ key market strategies. Besides, they also concentrate on enhancing their product portfolios through the development and introduction of new technologies.

In 2017, Sterigenics International Inc. successfully executed its gamma sterilization capacity in an effort to increase its global outreach. The expansion cost amounted to US$ 17.5 million. The expansion involved the installation of a new gamma irradiator to expand its testing capacities.

In 2019, Ionisos SA acquired Steril Milano, a specialist in sterilization services. The acquisition was initiated keeping in mind the company’s objective of enhancing their regional footprint across Europe, thus allowing them to access a wider customer base.

Pharmaceutical Tubes Market Healthy Pace throughout the Forecast during 2021 – 2031

Pharmaceutical Tubes Market Overview

According to the latest report on pharmaceutical tubes market shows that globally the demand for pharmaceutical tubes is anticipated to grow at a CAGR of 7% till the year 2031.

Along with that sales of pharmaceutical tubes is expected to reach millions of units over the forecasted period, due to rise in demand of ointments and creams for skin and oral diseases.

Pharmaceutical Tubes Market: Market Outlook

Pharmaceutical Tube is a hollow cylindrical container used as a packaging solution for ointment, creams and many other pharmaceutical products such as dental care toothpaste and skin repair creams. The tubes are having a wide range of pharmaceutical applications, as they offer a cost-effective, safe and tamper-proof packaging solution to pharmaceutical companies.

In recent years many companies have shifted from traditional packaging to tube packaging due to its space-saving design and easy to use features. The overall market for these tubes has witnessed sharp growth in the last decade and is expected to register exponential growth over the forecasted period.

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Which Factors Are Driving Growth of The Pharmaceutical Tubes Market?

The tubes made up from materials like Aluminum, Plastic and mixed laminates of Plastic and Aluminum are durable and the availability of tubes in all sizes makes it a primary choice for small as well as giant market players of the pharmaceutical industry.

Rising awareness about the skin and oral diseases among the increasingly educated consumer bases in all parts of the world, along with additional shelf life offered by these tubes. All these factors are major driving forces of the pharmaceutical tube market in the upcoming decade.

What Limits The Growth of Pharmaceutical Tubes Market?

The waste generated by pharmaceutical tubes is not 100% recyclable, further, the chemical coating used on the outer protection of the tube has negative emissions on the environment.

Also, the stringent rules and regulations restricting usage of pollutant materials in the countries like the USA, Germany regarding usage of raw material used for producing the packaging for pharmaceutical products. Above mentioned factors could hamper the expected growth rate of the pharmaceutical tubes market.

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Which Lucrative Opportunities Are Offered By Pharmaceutical Tubes Market?

The innovation-driven packaging industry has come up with bio-degradable materials as a result of continuous research & development. Recyclability of the same raw materials like Aluminum and Plastics is enhanced by mixing strength and reducing its carbon impact, the pharmaceutical tubes made up of eco-friendly raw materials offer massive opportunities to the manufacturers.

Also, technological advancements in the field of production and logistical chains have enabled top manufacturers to multiply their production capacity and take full advantage of these opportunities by developed as well as untapped markets.

Key Market Players of Pharmaceutical Tubes Market:

  • ALLTUB
  • Albea Group
  • Hoffmann Neopac AG
  • Huhtamaki Oyj
  • CCL Industries
  • MONTEBELLO PACKAGING
  • Unette Corporation
  • Romaco Group
  • ZÁLESÍ a. s.

Key Market Players in Asia-Pacific Region of Pharmaceutical Tubes Market:

  • EPL LIMITED
  • Neelam Global Pvt. Ltd.
  • BRK Packwell Private Limited
  • Almin Extrusion
  • Antilla Propack
  • Prutha Packaging Pvt. Ltd.

Why Are India and China Major Markets For Global Pharmaceutical Tubes Market?

The rapid development of industrial infrastructure in fast-paced economies like India and China, along with the easy availability of raw materials like plastics and Aluminum for the production of pharmaceutical tubes makes them major growth regions.

The entry of global giants in the region along with newer entrants contributes to the overall growth of the global pharmaceutical tubes market.

What Makes France an Important Market for Global Pharmaceutical Tubes Market?

France having a developed pharmaceutical sector coming up with innovative products and solutions from time to time, makes it a primary consumer of pharmaceutical tubes as a packaging solution. Usage of bio-degradable materials by manufacturers in the country having an environmentally concerned consumer base offers immense growth opportunities for the global pharmaceutical tubes market in the country.

Which Factors Make the U.S Impactful Country For Global Pharmaceutical Tubes Market?

The rising awareness regarding the skin and oral diseases in the country, along with the high demand for easy to use packaging even for the pharmaceutical offerings makes the U.S. an important market for pharmaceutical tubes. The presence of global manufacturers of pharmaceutical tubes in the country makes the U.S. a developed market set to grow shortly.

What Was The Impact of Covid-19 On Pharmaceutical Tubes Market?

The outbreak of the deadly Covid-19 virus, forced all the major regions of the world to impose complete lockdown. During the lockdown only production of pharmaceutical drugs & medicines was allowed, the pharmaceutical tubes market did not get affected by lockdown as production and consumption was smooth without any discrepancy. After the pandemic ends the pharmaceutical tubes market is expected to register exponential growth during the forecasted period.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-13746

Global Pharmaceutical Tubes Market Segmentation:-

Segmentation based on Material type:-

Segmentation based on the Application:

  • Gels
  • Creams
  • Ointments

Segmentation based on Region:-

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

Vaccine Shippers Market 2021 | Scope of Current and Future Industry 2031

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Vaccine Shippers Market over the Assessment Period 2021-2031

A detailed study on Vaccine Shippers market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Vaccine Shippers market is expected to grow at a healthy CAGR during the forecast period (2021-2031). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Vaccine Shippers in the coming 10-years.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-13619

The report conducts in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Vaccine Shippers

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Vaccine Shippers market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key Vaccine Shippers Market Takeaways and Projections

  • The U.S. is expected to lead the North America Vaccine Shippers market, projecting the fastest growth in the region between 2021 and 2031
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.

Request for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-13619

Report Benefits & Key Questions Answered

  • Vaccine Shippers Historical Market Analysis: The detailed survey by FMI, examines key factors in the Vaccine Shippers market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Vaccine Shippers market for the forecast period 2021-2031.
  • Vaccine Shippers Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
  • Vaccine Shippers Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Vaccine Shippers for the assessment period. As per the study, the demand for Vaccine Shippers will grow at a robust CAGR between 2021 and 2031.
  • Vaccine Shippers Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Vaccine Shippers market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
  • Vaccine Shippers Market Trend Analysis: The latest study by FMI on the Vaccine Shippers market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-13619

Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Vaccine Shippers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global Vaccine Shippers market. Some of the prominent market players are

Few Key players in the Vaccine Shipper market

  • Softbox Systems
  • Envirotainer
  • Intelsius
  • Amerisource Bergen
  • Marken
  • Kuehne+Nagel
  • Pelican Biothermal
  • DHL International gmbh
  • Geodis
  • Sonoco Thermosafe
  • Cold chain Technologies
  • Sofrigam
  • Tempak

Key segments of vaccine shippers

Based on Product:

  • Parcel shippers
  • Pallet Shippers

Based on Temperature:

  • < -2°C
  • -2 to -8°C
  • 15-25°C
  • > 25°C

Based on Usage:

  • Single-use Vaccine shippers
  • Reusable vaccine shippers

Based on Duration:

  • Up to 96 hours
  • Up to 120 hours
  • Up to 400 Hours

Based on Region:

  • North America
  • APAC
  • Europe
  • MEA
  • Latin America

Based on End-users:

  • Pharmaceutical companies
  • Research and development organizations

About Future Market Insights (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, and has delivery centers in the UK, 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.

Pharmacy Bags Market Prophesied to Grow at a Faster Pace by 2031

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Pharmacy Bags Market over the Assessment Period 2021-2031

A detailed study on Pharmacy Bags market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Pharmacy Bags market is expected to grow at a healthy CAGR during the forecast period (2021-2031). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Pharmacy Bags in the coming 10-years.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-13617

The report conducts in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Pharmacy Bags

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Pharmacy Bags market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key Pharmacy Bags Market Takeaways and Projections

  • The U.S. is expected to lead the North America Pharmacy Bags market, projecting the fastest growth in the region between 2021 and 2031
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-13617

Report Benefits & Key Questions Answered

  • Pharmacy Bags Historical Market Analysis: The detailed survey by FMI, examines key factors in the Pharmacy Bags market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Pharmacy Bags market for the forecast period 2021-2031.
  • Pharmacy Bags Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
  • Pharmacy Bags Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Pharmacy Bags for the assessment period. As per the study, the demand for Pharmacy Bags will grow at a robust CAGR between 2021 and 2031.
  • Pharmacy Bags Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Pharmacy Bags market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
  • Pharmacy Bags Market Trend Analysis: The latest study by FMI on the Pharmacy Bags market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

 Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Pharmacy Bags market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global Pharmacy Bags market. Some of the prominent market players are

  • Polycell International Corp
  • ProAmpac LLC
  • Reichenecker GmbH Sealed Air Corp.
  • Jiffy Packaging Co Limited
  • Vereinigte Papierwarenfabriken GmbH
  • Polyair Inter Pack Inc.
  • 3M Company
  • Pregis LLC, Pac Worldwide Corporation Storopack Hans among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Pharmacy Bags: Market Segmentation

Based on Product Type:

  • Plastic Bags
  • Paper Based

Based on Layer:

  • 3-ply
  • 2-ply
  • Others

Based on Drug Delivery:

  • Injectables
  • Oral Drugs
  • Pulmonary
  • Nasal
  • Transdermal

Based on Region:

  • North America
    • U.S. and Canada
  • Latin America
    • Mexico, Brazil, Peru, Chile, Argentina and others
  • Western Europe
    • Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
  • Eastern Europe
    • Poland and Russia
  • Asia Pacific
    • China, India, Japan, South Korea, Malaysia, Indonesia, Australia, and New Zealand
  • The Middle East and Africa
    • GCC, Southern Africa, and North Africa