FMCG Packaging Market Study: An Emerging Hint of Opportunity by 2020

Growing demand from e-commerce industry has been regarded as a vital factor that is expected to support growth prospects of FMCG packaging market in the forthcoming years. E-commerce sector is one of the major contributors in increasing revenue growth of FMCG packaging market. This sector’s growth is attributed towards rising demand for protective packaging for delivering small-sized products coupled with the convenient packaging options.Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-110

Pharmaceuticals Industry Anticipated to Dominate FMCG Packaging Market

Pharmaceutical pre-fillable inhalers and pouches are likely to witness rapid growth in FMCG packaging market during the forecast period on account of growing number of allergic and asthmatic patients. New innovations and therapies constantly occurring in pharmaceutical industry will further create growth avenues for FMCG packaging market.

Asia-Pacific to Boast Growth Opportunities for FMCG Packaging Market

Favorable economic conditions and demographics in Asia-Pacific has been driving the region’s FMCG packaging market during the forecast period. Multinational companies are planning to eye on Asia-Pacific for business expansion and to attain a competitive edge in the global market. Key players and manufacturers in Asia-Pacific FMCG packaging market are taking immense efforts by customizing and launching their existing products to cater to new consumer demands.

Fast-moving consumer goods are the high volume, low priced items that are quickest to leave the supermarket shelves. They include durable and non-durable goods such as cosmetics, toiletries, detergents, batteries, plastic goods, paper products, etc. Packaging is vital to the FMCG market as it is an essential element for proper positioning of the product. Packaging allows effective communication between consumers and brand owners through graphics, colours, images, product information and logos. This serves as an important medium for communication and a tool for companies to distinguish product appearance from that of their rivals. In the fast-moving consumer goods (FMCG) sector, packaging plays a key role in affecting consumer choice and thus an important factor in point-of-purchase decisions. Nowadays, the marketing environment has become competitive and complex. This is due to inclusion of modern marketing tools such as packaging, branding and other aspects at a large scale as compared to basic marketing techniques.

In order to enhance product visibility in the market, packaging has emerged as a unique tool to create a direct impact on consumer perception about the corresponding product. Factors such as increasing middle-class population in developing countries, changing consumer lifestyles and technological advancements to develop eco-friendly packaged products are expected to drive the demand for FMCG packaging in the near future. Furthermore, changing consumer lifestyles support the demand for varied consumer products which is expected to enhance the growth of this market. This has led to differentiated packaging which indirectly affects manufacturers. However, compliance of stringent environmental regulations related to packaging is a key factor restraining the market growth. Creation of new materials with the help of sustainable packaging to offer efficient designs is a key trend driving the FMCG packaging market.

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The FMCG packaging market is segmented on the basis of packaging type and end-user industries. The various types of packaging materials based on the type of product include protective packaging, flexible packaging, paper-based packaging, rigid plastic packaging, custom packaging and others. These packaging materials face challenges due to sourcing based on parameters like health consciousness, mobility and consumerism in pharmaceutical and health products. Shift in global buying patterns of consumers coupled with a surge for value-added products has led to an increase in consumer willingness for premium products. Thus, to target the consumer spending for packaging, companies are focusing on developing attractive packaging products. FMCG packaging serves end-user industries, such as food, beverages, healthcare, cosmetics and others. Among all the end-user industries, the food & beverages sector serves as the largest market for packaging companies to invest in the long run. The demand for packaging in recent years is being recognized across the emerging markets with developed markets retaining their market share with a modest growth. However, demand from emerging markets is expected to record a double-digit growth in the next five to six years.

Packaging in the FMCG sector accounts for a large share in the material cost involved in developing a finished product. Thus companies at a global level are developing innovative packaging solutions to minimize the operational cost. The FMCG packaging market is highly fragmented when analysed from the supply side perspective with less number of companies having a substantial share in the total market. This leads to less entry barriers for new entrants in this market. However, skilled labour, equipment and machinery are identified as barriers for a sustainable growth in the near future. Nestlé S.A., Procter & Gamble Company and PepsiCo Inc. are among the leading FMCG companies across the globe. Other prominent players of the FMCG packaging market include Kimberly-Clark, Altria Group, Kraft Foods, Mondel?z International Inc., Philip Morris International Inc., Unilever Group, Amcor Limited and Tetra Pak International.

This research report presents a comprehensive assessment of the FMCG market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. It provides analysis and information by categories such as packaging type, end-user industries and geographies. Report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competitions and Companies Involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America
  • Latin America
  • Asia-Pacific
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

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. It 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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Global FMCG Packaging Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Pharmaceutical Unit Dose Packaging Market Estimated to Expand at a Robust CAGR By 2031

The pharmaceutical unit dose packaging market is expected to experience a change in its operations, as manufacturers are focusing towards increasing productivity through integration of automation systems, as per a study by Future Market Insights (FMI). According to the report, the market will surpass US$ 26.10 Bn by 2021, registering a double-digit year-on-year (Y-o-Y) growth between 2020 and 2021.

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The dynamic shift from manual to automatic packing lines is in turn expected to increase process efficiency and reduce dependence on the workforce, making it a cost-effective proposition in the long run. Rising demand for prefilled syringes for vaccination programs is expected to be a key trend, which would positively affect the pharmaceutical unit dose packaging market.

Automated packaging lines are also multitasking, which covers numerous steps of the packaging process such as forming, filling, sealing and labeling into single step. The designers of packaging line automation systems are prioritizing the design of human-machine interfaces (HMIs) to streamline processes. These enhanced HMI can sort it simpler for operators and managers to access information related to specific packaging production line.

The above trend is expected to be backed by increasing availability of biotechnology products with specific requirements for packaging such as prefilled syringes and single-use vials. Vials and prefilled syringes are two of the most common forms of pharmaceutical unit dose packaging, typically preferred in clinical research and diagnostic centers.

Vials and blisters have been identified as the most prominently used products in the pharmaceutical unit dose packaging market. Manufactures are vigorously ramping up for their facilities of vials production in anticipation of the demand for COVID-19 vaccine supply from all over the world. Thus, the segment is projected to expand 5.7x its current value during the forecast period.

Key Takeaways from Pharmaceutical Unit Dose Packaging Market

  • Pharmaceutical unit dose packaging sales will surge at 14.7% CAGR between 2021 and 2031
  • The presence of several leading players has enabled the U.S. account for over 87% of sales in North America in 2021
  • Rising research and development initiatives enabling the U.K. exhibit over 15% y-o-y growth in 2021
  • Surging healthcare spending has been fuelling the demand in Germany and France
  • Increasing demand for vaccination amid COVID-19 fuelling sales in China, Japan, and South Korea

 “Some of the leading players are aiming at intensifying their production facilities to cater to the rising demand for vials and prefilled syringes to aid COVID-19 vaccination drives,” says FMI analyst.

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Pharmaceutical Unit Dose Packaging Market Players Focusing on Geographic Expansion

As per FMI analysis, some of the leading manufacturing companies within pharmaceutical industry have been aiming at expanding their footprint, especially in remote areas with unmet medical needs. The demand for smaller packaging solutions such as blisters is considerably high in these regions. Furthermore, pharmaceutical unit dose supplying strategy includes getting some medicines in bulk quantities and repackaging them into single or unit dose, using high volume repackaging systems and some manual repackaging machines.

Cost saving is a key benefit of locally repackaging of medicines into unit dose, using high volume automated repackaging systems. Unit Dose Solutions, Inc., Safecor Health, Almac Group are some of the players who are active in repackaging services.

Kraft Bubble Mailers Market Prospects and Growth Assessment 2027

E-commerce is becoming primary mode of buying things. Today United States accounts for approximately US$ 650 Billion of E-commerce sales. Booming E-commerce market is contributing to growth of logistics & supply chain industry. The constant rise in demand for efficient solutions to ship small to medium sized valuable items in E-commerce has led to the growth in demand for Kraft bubble mailers. Kraft bubble mailers are in general made of kraft paper with PE bubble linings. The outer kraft surface provides an easy medium for writing or printing product, destination, billings and other details. In recent years the kraft bubble mailers market has witnessed may new manufacturers entering the market. The kraft bubble mailers market is highly dominated by regional small to medium-sized players. The trend of consolidation is in its introduction stage. Changing E-commerce distribution landscape is expected to make kraft bubble mailers market volatile for short period of time. Packers & movers are coming with very innovative E-commerce distribution solutions, which is expected to positively affect the kraft bubble mailers market.Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-5729

Kraft Bubble Mailers: Market Dynamics

Increasing penetration of E-commerce into emerging markets like China, India, South Africa, Argentina, Brazil, and Nigeria is expected to drive the kraft bubble mailers market. Changing buying patterns across globe e.g. increasing home shopping & online retail, e-auctions (e.g. E-bay) are helping the kraft bubble liners market to expand at higher growth rates. Kraft bubble mailers increasing applications e.g. gifts, books, frames, jewellery, watches, novelties, audio cd’s, spare parts, electric parts, circuit boards, video cassettes, drugs and vitamins are driving the demand for kraft bubble mailers market. Kraft bubble mailers are available in many shapes & sizes. Per unit price of kraft bubble mailers varies significantly from product to product. Growing intolerance towards plastic is expected to negatively affect the kraft bubble mailers market. Government’s regulations & guidelines on E-commerce businesses and shippers related to environmental footprint, sales discounts, and labour laws are restraining the growth of kraft bubble mailers market. Growing biodegradable & recyclable plastic products market is expected to positively affect the kraft bubble mailers market. Overall the kraft bubble mailers market is expected to expand at a lucrative compound annual growth rate (CAGR) during the forecast period.

Kraft Bubble Mailers Market: Regional outlook

Kraft bubble mailers market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.  North America is expected to dominate the overall global kraft bubble mailers market. This is due to United States dominating e-commerce & retail market. Growing business to business ecommerce market is also helping the North America kraft bubble mailers market. Western Europe is expected to stand at second place by kraft bubble mailers market. France, Germany & U.K are major contributors in Western Europe. China is driving the APEJ kraft bubble mailers market.

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Kraft Bubble Mailers Market: Key players

Some of the players in the global kraft bubble mailers market are BETA (ShenZhen) Package Products Co.Ltd., Bravo Pack Inc., PAC Worldwide, Inc., Pregis Corporation, Sealed Air Corporation, Yorkshire Envelopes, Chemco Group, Ariv Pak, Shenzhen Ebetek Co. Ltd., Plastec Systems and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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 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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Kraft Bubble Mailers: Market Segmentation

The Kraft Bubble Mailers market is segmented on the basis of carrying capacity and application.

On the basis of carrying capacity, the global Kraft bubble mailers market is segmented into

  • Less the 300 g
  • 300 to 500 g
  • 500 to 1000 g
  • 1000 to 2000 g
  • Above 2000 g

Based on the application global kraft bubble mailers market is segmented into:

  • Books & Audio CDs
  • Jewellery
  • Medicines & Nutrients
  • Gifts
  • Frames
  • Watches & novelties
  • Electric parts & circuit boards
  • Video cassettes
  • Others

Skin Packaging Equipment Market to Witness a Healthy Growth by 2027

The skin packaging is used for the packaging application of variety of food products such as seafood, meat, etc. In skin packaging, the product is kept on the paperboard and then covered by thin plastics sheet through the heat sealing technique. In order to pack products by this technique, skin packaging equipment is used. Generally, the operator keeps the product on the tray, and then the tray is placed on the equipment. After that, the plastics film is pulled over the tray which activates the machine cycle and then finally the skin package is discharged from the machine. The skin packaging equipment is available in standard and custom shapes and sizes in order to meet specific demands of the consumers. Basic skin packaging equipment consists of variable speed, vacuum turbine system, relay logic controls, and instant-on spirad heating elements. The non-carded skin packaging has gained significant market traction in the recent years. And the demand for skin packaging is estimated to increase substantially in the next few years due to increase in consumption levels of the food products such as meat, seafood, etc.Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-6237

Skin Packaging Equipment: Market Dynamics

Considering the demand prospects of the skin packaging equipment market, it is anticipated that the demand will increase substantially in the next few years due to increase in demand for the variety of ready-to-eat food products which could be easily stored in the convenience packaging solution. Also, the consumption of ready-to-eat and easy-to-store food products is increasing at a good average annual rate in the emerging economies which will further drive the skin packaging equipment market. However, the skin packaging equipment is unaffordable to some of the small-scale food processors which may hamper the future prospects of the market. Also, the stringent rules and regulations for the use of plastics in some of the regions may hamper the growth of the skin packaging equipment market. Presently, only handful of manufacturers supplies the skin packaging equipment globally which in turn creates lots of opportunities for the new entrants. Also, the existing players could capture significant market share by offering differentiated and innovative product offerings.

Skin Packaging Equipment Market: Regional outlook

Geographically, the global Skin Packaging Equipment market is segmented into seven regions, namely North America, Latin America, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Western Europe, and the Middle East & Africa (MEA). North America region followed by Western Europe dominates the skin packaging equipment market due to high levels of consumption of the variety of food products and consumer goods packaged in the skin packaging. These regions may grow at a low CAGR value than other emerging markets such as APEJ, Latin America and MEA due to the high growth in consumption levels of middle-class households in the regions. India and China dominate the skin packaging equipment market in the APEJ region. However, in Latin America, Brazil and Mexico lead the market in terms of revenue generation. The Japan, MEA, and Eastern European region also offer untapped growth potential in the skin packaging equipment market.

Skin Packaging Equipment Market: Key players

Some of the players in the global skin packaging equipment market are Sealed Air Corporation, Starview Packaging Machinery, Inc., Heat Seal LLC, Mark Pack Inc., GTI Industries Inc., UltraSource LLC, Hannan Products Corporation, Cpack Ltd., Harpak-Ulma Packaging, LLC, Minipack International Pty Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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 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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Skin Packaging Equipment: Market Segmentation

Skin Packaging Equipment market is segmented as follows-

Skin Packaging Equipment market segmentation by its operation –

  • Automatic
  • Semi-Automatic
  • Manual

Skin Packaging Equipment market segmentation by sheet size –

  • Less than 18’ X 24’
  • 18’ X 24’ to 24’ X 36’
  • 24’ X 36’ to 30 X 36’
  • More than 30’ X 36’

Skin Packaging Equipment market segmentation by output –

  • Less than 10 PPM (Packs per Minute)
  • 10 PPM to 30 PPM
  • More than 30 PPM

Skin Packaging Equipment market segmentation by end use –

  • Meat
  • Poultry
  • Seafood
  • Fruits & Vegetables
  • Consumer Goods
  • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

PVC-Free Packaging Market Important Changes in Industry Dynamics during 2018-2028

PVC as a material has had turbulent times in terms of market acceptance. The government in many countries have agreed to restrict or ban the use of PVC in packaging and other applications, owing to its negative impact on human health. A number of countries such as Canada, Spain, South Korea, and Czech Republic, among others have decided to ban or restrict PVC packaging. Several cities in the U.S., such as, Rahway, NJ and Glen Cove, New York have mandated that food packaging and utensils be PVC-free. The state of California has introduced the legislation to ban PVC, in 2009. A number of U.S. states have prohibited the use of certain metals packaging, which are specifically found in PVC packaging. As a result, many manufacturers have introduced PVC-free packaging formats to cater to the rising demand for such items. Give below are a list of PVC bans/restrictions implemented by key countries

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Global PVC-free packaging market: Research methodologyA robust methodology was adopted to arrive at the market size for PVC-free packaging. Both supply-side and demand-side analysis were performed for the same.

Supply-side analysis

Revenues of key manufacturers of PVC-free packaging were tracked, along with the segmental revenue generated from the sales of PVC-free packaging.  The sources cited for the same include the companies’ annual reports and form-10Ks, along with paid databases.

Demand-side analysis

To arrive at the market size for PVC-free packaging, a number of primary interviews were conducted with industry experts, including C-level executives, sales & marketing heads, and independent consultants, to estimate the demand for PVC-free packaging, as well as the market scenario. The market size for PVC-free packaging was then validated through bottom-up analysis.

Global PVC-free packaging market: Key players

Some of the key players operating in the global PVC-free packaging market are –

  • Crown Holdings, Inc.
  • Amcor Limited
  • Sacmi Group
  • Tekni-Plex, Inc.
  • Constantia Flexibles Group GmbH
  • Selig Group
  • Technovinyl Polymers India Ltd.
  • World Bottling Cap, LLC
  • Danbury Plastics
  • Manufacture Générale de Joints SAS
  • Mexichem Specialty Compounds Inc.

PVC-free packaging: Significance

PVC has a high chlorine content which releases toxins, and makes its way up the food chain from animals’ fat. PVC exposure causes exposure to phthalates, which is harmful for human health. As a result, many packaging manufacturers are stressing the production of PVC-free packaging formats.

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PVC-free packaging: Key developments and trends

Demand for environment friendly packaging has generated more demand for packaging solutions which are PVC-free

  • In May 2017, Crown Holdings, Inc. launched a metal closure technology featuring a PVC-compound. The new metal closures are suitable for a wide range of pasteurized and sterilized products such as cooked vegetables. The closures are available with optional features such as spot gloss, gloss, metallic, matte, and embossed. These PVC-free closures are expected to be adopted by many food giants in the future, due to their sustainability.
  • In April 2017, Evonik Industries AG, which is a Germany-based specialty chemicals developer developed a new generation of heat seal binders for PVC-free packaging, with dairy as the main application area.

The road ahead

PVC-free packaging products are expected to gain prominence in the packaging industry, as government organizations in various countries implement stringent rules and regulations against the use of PVC in packaging materials, as well as in other industries. The global push for a PVC-free future is expected to further strengthen sales and generate demand for PVC-free packaging solutions.

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 in-depth analysis of parent market trends, macroeconomic 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.

Global PVC-free packaging market: Segmentation

Globally, the PVC-free packaging market has been segmented as –

On the basis of product type, the global PVC-free packaging market is segmented as –

  • PVC-free Blisters
  • PVC-free closures
  • PVC-free Liners
  • Others

*The pricing has been calculated on the basis of product type, wherein, the weighted average prices for product variants was calculated

On the basis of end use industry, the global PVC-free packaging market is segmented as –

  • Food & Beverages
  • Cooked vegetables
  • Pasteurized products
  • Others
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Homecare
  • Chemical & Fertilizers
  • Others

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Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Vending Cups Market Will be Valued at US$ 2,611 Mn by 2028

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

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

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

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

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

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

Other key insights from competitive landscape analysis include:

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

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

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

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

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Production capacity expansion through strategic mergers and acquisitions among vending cups manufacturers looking forward to achieve global market presence.
For instance, Huhtamaki Oyj’s recent acquisitions Ajanta packaging and CuPrint are aimed at expanding its existing capabilities. Moreover, in as a part of its expansion plan, the company is also to increase Finland’s plant capacity and recent expansion of Alf plant in German.
Advancements in technology such as 3D printing tools and manufacturing tools have been introduced by vending cups manufacturers to improve product efficiency and packaging quality of vending disposable cups.
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Aluminum Aerosol Cans Market Reached US$ 3.5 in 2019; Demand Moderately Impacted as Automotive Applications are Suspended During Covid-19 Pandemic

The aluminum aerosol cans market has been estimated to have reached a US$ 3.5 Bn valuation in 2019. However, following the coronavirus pandemic, the demand for aluminum aerosol cans had witnessed a downturn as spending on personal care products, and activity in the automotive industry has gone down. In addition, restrictions on trade during the crisis period will also hurt short term market prospects.
“Higher popularity of aluminum products owing to superior barrier characteristics along with growing consumer awareness on eco-friendly packaging options will further generate lucrative opportunities in multiple industrial verticals, aiding the expansion of the aluminum aerosol cans market for the foreseeable future” states the FMI analyst.

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

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

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

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

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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APAC’s Floating Covers Market Revenue to Exceed US$ 330 Million in 2019

As indicated in a new market research study by Future Market Insights, the roughly US$ 850 million floating covers market is likely to display around 4.5% yearly growth in the revenue, in 2019. The report projects steady revenue growth prospects for global floating covers landscape over the next few years, predominantly driven by sustained demand for an increasing number of wastewater treatment plants.
While agricultural application of floating covers also continues to generate moderate revenue, the demand for floating covers for protecting potable water reservoirs is also cited as an important factor pushing the growth of floating covers market growth.

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

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

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

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

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

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

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

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

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

About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends
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Slitter Rewinder Machines Market is projected to expand at a CAGR of 3.9% by the end of 2028

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

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

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

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Center-surface and Surface Winder Machines to Buckle-up

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

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

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

Sustainability Issues Associated with Plastic to Shape Adoption Patterns

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

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

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

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APEJ Continues to Reflect Hefty Investment Potential

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

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

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

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

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

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

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

Box and Carton Overwrap Films Market Rising at a CAGR of 4.1% by 2028

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

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

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

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

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

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Manufacturers Prefer Multi-functional Box and Carton Overwrap Films

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

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

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

Box and Carton Overwrap Films Market: Key Developments

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

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

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

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