Global Tea Packaging Market 2021 Outlook, Current and Future Industry Landscape Analysis 2027

Global food and beverage packaging market is growing steadily owing to an augmenting demand for convenience packaging options by customers. Tea market is one of the most competitive and grueling markets regarding both the product as well as packaging. Tea provides numerous health benefits and is gaining immense popularity across the globe. Manufacturers along with tea production are more focused on the packaging of the product to attract more customers.

Tea manufacturers are aiming at sustainable packaging material to reduce the cost involved in recycling as well as logistics. There has been an up surging demand for tea packaging that maintains the freshness and aroma of the tea leaves over a period. The rising number of cardiovascular diseases and other weight related diseases has led to a growing demand for tea attributed to its antioxidant properties and is likely to increase the global tea packaging demand over the forecast period.

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Tea Packaging: Market Dynamics

Global tea packaging market is driven by the rise in the disposable income of individuals of the middle class population. Moreover, consumers are keen on buying packaged products from retail shopkeepers which is further driving the growth of the global tea packaging market. Demand for tea packaging intended for single use is a key factor fuelling the growth of the global tea packaging market. Rising concern among individuals about the health benefits of tea is driving both the tea as well as the tea packaging market.

The fluctuating cost of raw materials used for tea packaging is a restraining factor for the global tea packaging market.  Also, the more innovative the packaging gets, it adds up to the cost of the product making it priced higher than usual which is an inhibitory factor for the global tea packaging market. Packaging type which is recyclable and reusable in nature is a key trend prevailing in the global tea packaging market.

Tea Packaging: Market Segmentation

Global tea packaging market is segmented on the basis of product type, packaging type, and geography. On the basis of product type, the global tea packaging market is segmented into tea bags, pouches, and tea pods. On the basis of packaging type, the global tea packaging market is segmented into flexible and rigid tea packaging. Flexible tea packaging is further sub segmented into stand up pouches such as foiled stand up pouches, foil gusseted bags, sachets, and paper stand up pouches. Rigid tea packaging is sub segmented into cartons and corrugated boxes. Stand up pouches are the most preferred packaging type among consumers and are anticipated to continue their dominance over the forecast period.

Tea Packaging Market: Regional Outlook

On the basis of geography, the global tea packaging market is segmented into Asia Pacific, North America, Middle East & Africa, Latin America, and Europe. Currently, the Asia Pacific region leads the global tea packaging market owing to its large population base as well as the significant quantity exports from countries like India and Sri Lanka all over the globe. The increasing disposable income and the economic growth of these countries is also expected to drive the growth of this market over the forecast period.  Rapid urbanization and increasing preference for lifestyle products are also fuelling the tea packaging market in Asia Pacific region. North America is expected to witness steady growth owing to an increasing demand for ready to drink tea by consumers. Innovative tea packaging is also likely to boost the tea packaging market in North America.

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Tea Packaging Market: Key players

Some of the key players of the global tea packaging market are Fpc Flexible Packaging Corporation, CascadesInc., Hankuk Package Co Ltd., Aero-pack Industries Inc., Detmold Group, Oji Fibre Solutions Food Service Packaging, Bericap Sarl, Can-Pack SA, Hood Packaging Corporation, and Hanil Can Co Ltd.

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.

The report covers exhaustive 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, Argentina)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
  • Eastern Europe (Russia, Poland)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. 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.

Kokum Butter Market: Notable Developments & Geographical Outlook

The kokum butter is extracted by refining the Kokum kernels using chemical processes of neutralization, bleaching and deodorization. Kokum Butter is composed of beneficial compounds that help to regenerate skin cells. It has a moderate to non-existent perfume and appears like cocoa or shea butter. Kokum butter has outstanding emollient properties and very high oxidative balance which allows kokum butter into many formulations like lotions, lip balms, and soaps.

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The butter extracted from the fruit kernels is rich in vitamin E, and vital fatty acids. Kokum butter is used in dry skin remedies, hair conditioners, infected pores and skin remedies and in many skin care and beauty products. The Kokum Butter is untreated, unrefined, non-deodorized, unbleached and does not contain any chemicals. Furthermore, Kokum is appropriate for ointment, suppositories, and other pharmaceutical purposes. The ointment is used for treating the ulcer, fissures of lips, cracks or cuts in hands and feet.

Market Segmentation:

The Kokum butter market is segmented on the basis of its applications in different industries such as pharmaceutical industry, cosmetic industry and other applications. In the pharmaceutical industry, kokum butter is majorly used in creams, skin lotions, balms, and shaving creams. Similarly, in the cosmetic industry, kokum butter is used in conditioners, lipsticks, body butters, moisturizing creams, hair care products, soaps, and toiletries. Other application includes food products such as confectionery and bakery products. The derivatives of Kokum butter are used as substitutes while manufacturing the chocolates, so the end product doesn’t melt throughout transport in peak summer months. Kokum butter is most stable and hardest exotic butter. It will appear flaky and cracked, though it will melt when comes in contact with skin. It is best to use this together with different oils or butter to make it more pliable and easy to use.

Market Regional Outlook:

On the basis of geography, the kokum butter market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. In regional markets, Asia Pacific is the largest producer of kokum butter followed by Africa. India is the leading manufacturer of kokum butter across the globe.

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Market Drivers and Trends:

High growth of Kokum butter market is anticipated as the cocoa butter is becoming increasingly expensive and limited availability, Kokum butter is becoming more popular as the substitute of cocoa butter. Due to its uniform triglyceride composition, it is often used as a substitute for cocoa butter as it is more quickly absorbed into the skin without leaving oily feel like many other oils and butter.

Developing market for personal care and cosmetic products has played a major role in fuelling the growth of the Kokum butter market across the globe. Kokum butter has antioxidant properties and prevents drying of the skin and helps in reducing wrinkles. Kokum butter is rich in citric acid, polyphenols and acetic acid malic acid, and   also contains vitamin B complexes, hydroxicitric, potassium, manganese, and magnesium. Kokum butter is used in cosmetic formulations along with other ingredients to make it more pliable.

Kokum butter Market Key Players:

The market for Kokum butter is highly fragmented with a large number of regional and international manufacturers. Some of the key players in Kokum Butter market include International Cosmetic Science Centre, Manorama Group, Biochemica, Marudhar Foods Private Limited, BioChemica International, Keynote International, Villa Germania Alimentos S.A., Madvik Research Labs Private Ltd.,  Fimanus UG Haftungsbeschrankt, Ausmetics Daily Chemicals (Guangzhou) Co Ltd., Zhongshan Desly Foodstuffs Co., Ltd

The report covers exhaustive analysis on:

  • Kokum Butter Market Segments
  • Kokum Butter Market Dynamics
  • Historical Actual Market Size, 2014 – 2015
  • Kokum Butter Market Size & Forecast 2016 to 2026
  • Kokum Butter Market Supply & Demand Value Chain
  • Kokum Butter Market Current Trends/Issues/Challenges
  • Kokum butter Players Competition & Companies involved
  • Kokum Butter Market Technology
  • Kokum Butter Market Value Chain
  • Kokum Butter Market Drivers and Restraints

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Regional analysis for Kokum Butter Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • North Africa
    • South 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 regions.

North America and APEJ are expected to account for a major portion of the linerless labels market share

 Linerless labels are designed without a release liner, which reduces the amount of raw material required to manufacture labels, and makes these labels an eco-friendly alternative. Absence of a liner layer saves on extra labor, storage, and transportation costs for end users, and reduces industrial waste and carbon emission. These factors are expected to boost the demand for linerless labels substantially during the forecast period (2019-2029).

Removable linerless labels are estimated to hold a leading position in the global  linerless labels market , and generate an incremental opportunity of US $ 240 Mn from 2019-2024. Prominent packaging manufacturers are continuously striving to offer sustainable and environment-friendly packaging solutions to various end-use industries.

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Key Takeaways of Linerless Labels Market Study

  • Consistent growth of the logistics sector across all geographies, coupled with high requirement of linerless labels for inventory management, asset tracking, and goods distribution, is steadily driving the linerless labels market.
  • The retail industry is a prominent end user of linerless labels, owing to rising efforts across the world to reduce the incidence of counterfeiting.
  • North America and APEJ are expected to account for a major portion of the linerless labels market share. Rapid expansion of pharmaceutical and food & beverage industries is boosting the growth of the linerless labels market in these regions.
  • Digital printing and flexo printing are projected to dominate the global linerless labels market, and hold nearly half of the market share by the end of 2029.

Manufacturers of linerless labels can gain substantial profits by focusing on the Asia Pacific excluding Japan region, attributable to rising demand for packaging solutions due to the rapidly growing food & beverage industry in this region.

Increasing Production Capacity and Acquisitions to Remain Key Growth Strategies

Prominent packaging manufacturers across the world have already shifted their focus from conventional packaging solutions to environment-friendly packaging solutions. This shift is majorly driven by increasing focus towards reducing waste, and high consumer preference towards highly sustainable and eco-friendly packaging solutions. Leading manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, leading linerless label manufacturers are expanding business boundaries to reinforce their market position.

  • In June 2019, RR Donnelley & Sons Company, one of the leading manufacturers of linerless labels, expanded its liners less labels manufacturing platform by adding a new linerless press. This enabled the company to expand its linerless label production to provide innovative linerless labels and enhance operational effectiveness.
  • In July 2019, Coveris completed its acquisition of Amberley Labels, a UK-based manufacturer of high quality self-adhesive labels.
  • In February 2017, CCL industries completed the acquisition of Innovia Group, a prominent producer of linerless labels and packaging solutions, for around US $ 1.13 billion.

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Returnable Plastic Crates Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2020-2030

Nestable Plastic Crates Remain Best-selling

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

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

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How Growth will Unfold

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

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-6050This report also discusses individual strategies followed by some of the leading companies operating in the global returnable plastic crates market in terms of enhancing their product portfolio, creating new marketing techniques as well as mergers and acquisitions. The competitive landscape included in the report provides a dashboard view as well as company share to report audiences. Key players operating in the global RPC market include Brambles; Myers Industries, Inc.; Supreme Industries Limited; Schoeller Allibert; DS Smith Plc; Dynawest Ltd; Rehrig Pacific Company; TranPak, Inc.; RPP Containers and Ravensbourn Limited.FREQUENTLY ASKED QUESTIONS ABOUT GLOBAL RETURNABLE PLASTIC CRATES MARKET

Which application area holds potential growth opportunities for market players?

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

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

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

Which region will dominate the global returnable plastic crates market?

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

Partner Relationship Management Market: Notable Developments & Geographical Outlook

Growing dependence on outside sales channels and external distribution networks across various industries in the b2b environment is the key factor propelling the growth of global partner relationship management market. Partner Relationship Management (PRM) is an application software used to optimise the process for reaching customers through indirect sales channels such as resellers, distributors, brokers, agents and other service partners. Partner Relationship Management (PRM) software is used to define the strategies and methodology for managing relationships between vendors and their channel partners.

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Partner Relationship Management (PRM) software enables the organizations to streamline and customize the business processes throughout their distribution network, by integrating various functionalities, which includes partner requirement, partner on boarding, partner adoption, partner training, partner program management, business plans, channel marketing, channel sales, certification management and business strategy.

Global Partner Relationship Management Market: Market Dynamics

Growing need to control the functional relationship between the organization & external partner channels, and continuous investment by various organizations to enhance partner communication &  to reduce the channel management costs, are the factors increases the demand for partner relationship management (PRM) software globally. Additionally, rising need to provide real-time information, visibility and access to organization’s business strategy, channel plans, new product offerings, and promotional contents across various sales channels, partners, retailers and vendors, accelerates the growth of partner relationship management (PRM) software globally. Also, growing importance to measure the performance of promotional incentives, individual & overall partner performance and sales performance across various channels, further fuels the growth of global partner relationship management market.

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Global Partner Relationship Management Market: Regional Outlook

North America is expected to dominate the market due to continuous investment on effective partner coordination solutions and the presence of major partner relationship management solution providers in the region. Asia pacific is identified as the fastest growing market due changing demand patterns and increasing digital initiatives to enhance the partner relationship.

Global Partner Relationship Management Market: Competition Landscape

The key vendors in the global partner relationship management market, include salesforce.com, inc., Oracle, Impartner Software, NetSuite Inc., Apttus Corporation, PartnerPath, Pegasystems, Entomo, Inc., bpm’online, Bitrix24 and Gorilla Toolz.

The report covers exhaustive analysis on:

  • Global Partner Relationship Management Market Segments
  • Global Partner Relationship Management Market Dynamics
  • Historical Actual Market Size, 2013 – 2015
  • Global Partner Relationship Management Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Global Partner Relationship Management Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Global Partner Relationship Management Market Drivers and Restraints

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Regional analysis for Global Partner Relationship Management Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other 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.

Compostable & Biodegradable Refuse Bags Market to Hit $20.29 Billion by 2027: Says FMI

In the pharmaceutical industry, counterfeiting has emerged as a major concern for manufacturers and consumers.
Given this,  anti-counterfeiting technologies such as barcodes,  labels and tags are attracting attention among manufacturers. According to a recent report by Future Market Insights (FMI), driven by technological advancements,  pharmaceutical plastic bottle  sales will grow at a CAGR of 10.3% between 2021 and 2031. The market is expected to reach a value of over $79 billion in 2031.

The increasing number of cases of child poisoning due to accidental ingestion of pharmaceuticals has helped introduce child-resistant packaging solutions. These products are typically available in two-piece push-and-turn technology for bottle closures.

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Currently, most promising drugs are available in children’s packaging, which has a major impact on sales of pharmaceutical plastic bottles. There is a constant need for innovation among industry players to sustain itself in an extremely competitive market.

For example,  the introduction of RFID to replace traditional barcodes  aims to increase the convenience of tracking and tracking products. QR codes are the newest addition to the pharmaceutical bottle industry, where they are used for multiple purposes, such as displaying detailed product information, tracking products through the supply chain, or as a means of maintaining logs in pharmacies.

Innovations that increase the utilization of recycled materials are also accelerating in the market. These innovations and technological advances are contributing to progress.

For example, in January 2020, Gerresheimer AG  announced that it would provide customized rigid plastic packaging solutions, including pharmaceutical plastic bottles made from BIO-PET and  R-PET .

Key highlights of the Pharmaceutical Plastic Bottles Market study:

  • Demand for plastic bottles for ophthalmic/nasal formulations will increase to 12.7% during 2021-2031, driven by increased application of corticosteroid drugs.
  • Polyethylene terephthalate (PET)  is expected to account for a dominant share of 30.8% in 2031 as a result of regulations and restrictions on the use of plastics.
  • Bottles with a capacity of less than 100ml are projected to increase the opportunity to $28.1 billion over the next five years.
  • The US will account for more than 82% of the North American market in 2021. However, the country is likely to lose its share of value to active Canadian industries by the end of 2031.
  • China and India will remain lucrative markets due to their large patient populations and investments from the local pharmaceutical industry.

“Pharmaceutical plastic bottles are a relatively economical, lightweight and convenient packaging solution compared to pharmaceutical glass bottles. These products are gaining popularity among manufacturers and consumers. Consumers often choose plastic bottles to avoid the risk of breakage. These factors are expected to drive demand through 2031,” said an FMI analyst.

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Impact of COVID-19 on Pharmaceutical Plastic Bottle Market

The ongoing COVID-19 pandemic has had a negative impact on the packaging industry. Any losses incurred may be due to logistical restrictions and worldwide imposed closures.

Production output has declined due to reduced production capacity and delayed supplies of raw materials. Manufacturers in the pharmaceutical plastic bottle industry have struggled to meet the sudden increasing demand in the market.

With continued easing and unlocking of transport restrictions, the market is expected to grow steadily through 2021 and beyond.

Who is the winner?

Tier 3 players in the pharmaceutical plastic bottle market account for 75-85% of the overall value share. The major players contribute 15-25% of the global market. Strategies related to capacity expansion and investment in product development will gain attention from the industry.

Berry Global Inc.  , Amcor Plc,  ALPLA Werke Alwin Lehner GmbH & Co KG  is a leading player operating in the pharmaceutical plastic bottle market. Additionally, AptarGroup, Inc., O. Berk Company, LLC, Alpha Packaging Holdings, Inc., Comar, LLC are some of the notable players in the pharmaceutical plastic bottle market.

Kegs Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

 

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

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

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Kegs Market – Important Highlights

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

Kegs Market – Drivers

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

Kegs Market – Restraints

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

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COVID-19 Impact on Kegs Market

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

Competitive Landscape

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

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About the Study

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

Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Opportunity

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Market Background

3.1. Porter’s Analysis

3.2. PESTLE Analysis

3.3. Macro-Economic Factors

3.4. Value Chain

3.5. Opportunity Analysis

4. Market Forecast

4.1. Market Volume Projections

4.2. Pricing Analysis

4.3. Market Value and Y-o-Y Growth

4.4. Absolute $ Opportunity Analysis

Braille Labels Market Has Witnessed A Strong Growth In The Last Few Years Due To Growing Urbanization And Increasing Literacy Rates

 

Braille Labels Market Overview

With the advent of modernization, the technology has evolved so far to overcome the challenges faced by the differently abled people. Some of the companies in the packaging industry also introduced few packaging solutions that help them to recognize products readily. Braille label is an example of such product which allows blinds people to read text with the help of their fingertips. Also, these labels are used to produce custom stickers which are used for different applications.

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Braille labels are clear, blank self-adhesive labels applied to labels items such as household appliances, canned foods, greeting cards, books, and CDs. These labels also find its application in pharmaceutical packaging. Packaging industry is witnessing a strong growth through the introduction of new products with high technological advancements in the last few years. Use of braille labels has evolved to be used as standard packaging product on several products in the healthcare, household, and paper industry.

Braille Labels Market: Market Dynamics

Braille labels market has witnessed a strong growth in the last few years due to growing urbanization and increasing literacy rates in the developing countries. Companies are also introducing products with braille labels on it. For e.g. a wine company, M. Chapoutier, based in France incorporated braille labels on its wine bottles to make it easier for the blind people to shop wine conveniently. Some researchers indicates that the world’s blind population will increase three-fold from about 35 million today to approximately 110 million in 2050 which is a significant rise in the next few decades.

This will create the high demand for the braille labels in the market. Some of the restraints in the braille labels market is the lower quality of the labels produced by the local manufacturers at higher prices. However, it is expected that the market will soon become fragmented with the rise in number of manufacturers in the market. Braille labels market offers significant opportunities for the new entrants and existing market players to increase the reach of their products to a global level.

Among the end use, pharmaceutical and paper & printing segment is expected to dominate the braille labels market, during the forecast period.

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Braille Labels Market: Regional Overview

On the basis of region, the Braille Labels market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. The North America and Europe dominate the market due to high technological advancements in the region with high focus of different end use companies to offer convenient packaging solution to every age group and also to differently abled people.

Also, some rules and regulations in the pharmaceutical industry make pharmaceutical companies to use blind-people friendly packaging solutions on their products. Asia-Pacific, Latin America, and MEA also offer untapped growth potential in the braille labels market. However, Japan already has high penetration of convenient and user-friendly packaging solutions such as braille labels.

Braille Labels Market: Market Players

Some of the key players in the Braille Labels market are American Thermoform Corporation, APH, Inc., LS&S, LLC, Pia – Accessible Printing Solutions, Rath Microtech, Quantum Technology Pty Ltd, Awards USA, Aspect Labelling Limited, Romer Etikett GmbH & Co KG, CCL Label GmbH, and Sleever International Company.

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

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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.

Braille Labels Market: Market Segmentation:

Braille Labels Market Segmentation: By Material Type

[*]Plastic
[*]PET
[*]PE
[*]Others
[*]Paper

Among the material type, plastic material is widely used for the production of braille labels in the market.

Braille Labels Market Segmentation: By Application

[*]Bottles & Jars
[*]Books & Envelopes
[*]Cans
[*]Household Appliances
[*]Others

Braille Labels Market Segmentation: By End Use

[*]Pharmaceutical
[*]Paper & Printing
[*]Household
[*]Food & Beverages
[*]Others

2 Piece Cans Market 2022 Industry Research, Segmentation, Key Players Analysis And Forecast To 2027

2 Piece Cans Market Overview

Cans are used to contain a variety of products including beverages, aerosol products, paints, foods and many other products. The cans used for storing food and beverages are generally made up of metals such as aluminum and steel. The two basic types of cans are manufactured today, namely – 2 piece cans and 3 piece cans.

2 piece cans  are made by forming a cup-shaped container with one piece of steel or aluminum. It can be produced by two manufacturing processes including draw-redraw process & draw-and-iron process. 2 piece cans were developed as a replacement for 3 piece cans. It has various advantages over 3 piece cans. 2 piece aluminum and steel cans have only one seam around the top end.

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It is noticeable that 2 piece cans would eliminate long seam and a double seam and thus impede two sources of potential leakage. 2 piece requires up to 15% less material compared to 3 piece cans. And 2 piece cans provides much safer packaging solutions compared to 3 piece cans as the technology used for packaging drinks in 2 piece cans non-toxic, odorless and rust preventive.

Market Dynamics: 2 Piece Cans Market

Consumers use cans for a variety of purposes, it is the most widely used containers worldwide. It is estimated that about more than 100 million cans are consumed each day within US only. The can manufacturing process has changed remarkably since its beginning. The labor-intensive industries some years ago, now have been replaced by automated means, and produces billions of cans per year.

Raw materials and energy accounts for the largest share of the variable 2 piece can production. Also, the prices of aluminum and steel plates, sheets readily change. With the surge of import and export of steel since last decades, the cost of steel has dropped. It creates an opportunity for the manufacturers looking forward to investing in the 2 piece cans production. Also, 2 piece cans have various advantages over other types of cans, some of the benefits are

  • The body has no seam between the body and has no side seam, and it allows to be tightly sealed with low consumption of raw materials.
  • The 2 piece can body can be entirely printed and decorated.
  • The process of manufacturing is easy and efficient.

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Also, these 2 piece cans are hermetically sealed containers designed to keep food inside fresh in texture and button. These factors are expected to drive the growth of global 2 piece cans market over the forecast period.

Research Methodology: 2 Piece Cans Market

The sources which have been used to validate the estimated market size include annual reports of key market players, industry journals & magazines, research papers, and other relevant data available in the public domain. Primary sources referred include focused discussions with C level executives, distributors, independent consultants, and key industry experts, among others.

Facts about Can Recycling:

Among materials which are used for the manufacturing of 2 piece cans, aluminum is expected to be the most sustainable package. Aluminum cans have a higher recycling rate and it has more recycled content than other competing packaging types. The below exhibit represents the advantage of aluminum over other beverage packaging types and comparative analysis on the basis of recycling rate.

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Companies operating in the 2 piece cans market:

Tier 1 Companies in 2 piece cans market, revenue above US $ 100 Mn:

  • Ardagh Group
  • Ball Corporation
  • Silgan Containers LLC
  • Crown Holdings Inc.

Tier 2 Companies 2 piece cans market, between US $ 50 Mn – US $ 100 Mn:

  • Pacific Can China Holdings Limited
  • Helvetia Packaging
  • Nampak
  • Bway Corporation
  • DS Containers
  • ITW sexton
  • Metal Packaging Europe
  • Anheuser-Busch Inc.

Tier 3 Companies 2 piece cans market, revenue below US $ 50 Mn:

  • Royal Can Industries Company Limited
  • Baosteel Co. Ltd.
  • Scan Holdings
  • Daiwa Can Company
  • Rocky Mountain Metal Container
  • Touo Seikan Co. Ltd.
  • Rocky Mountain Metal Container
  • Brothers Leonhardt GmbH & Co.

Some facts and figures:

  • In Japan, the market share for the 2 piece can is more than 80%, and is continuously growing. The demand for the 3 piece cans have been declining as the end user industries are looking for light weight can in order to cut down costs.
  • During the last decade, the production capacity of 2 piece cans in Korea was 5 billion cans, a 95% share in the beverage can market. Over the past years, the demand for 2 piece cans among the beverage suppliers has increased enormously.

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 (US, Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, UK, 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.

Segmentation:

The 2 piece cans market has been segmented on the basis of material used, manufacturing process used, application and end use industry.

On the basis of material used, the global 2 piece cans market has been segmented as:

[*] Aluminum
[*] Steel

On the basis of manufacturing process used, the global 2 piece cans market has been segmented as:

[*] Draw-redraw process
[*] Draw-and-iron process

On the basis of application, the global 2 piece cans market has been segmented as:

[*] Food & beverages
[*] Spices
[*] Paints
[*] Brewery
[*] Aerosols
[*] Other products

On the basis of end use industry, the global 2 piece cans market has been segmented as:

[* ] Food & beverage industry
[*] Paint & coating industry
[*] Consumer goods
[*] Others

Soft Drinks Concentrate Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Soft drinks are beverages containing distilled water, sweetening agents, and flavoring agents. The sweetening agent used may be sugar, sweetener, high-fructose corn syrup, or any other sweet enhancing substance. Soft drinks may contain caffeine, coloring agents, preservatives, and other additives depending on the type the manufacturing industry is trying to produce. For instance, a coloring agent is added to Coca-Cola’s coke to give it the dark color seen.

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Water accounts for about 80% of the entire content in soft drinks. The water used raises the weight of soft drinks, thereby causing an increase in transportation cost. To avoid or reduce this expense problem, the ingredients used in producing soft drinks are processed into concentrates.

Soft drinks concentrate on sugar, coloring agent, flavors, and maybe stabilizer or fruit concentrates with a little amount of purified water. In the food and beverage industry, the global soft drinks concentrate market has grown significantly due to the ease of operation and availability of soft drinks varieties. As the trend towards the consumption of convenience food increases, the soft drinks concentrate market will witness tremendous growth during the forecast period and beyond

Soft Drinks Concentrate Market Growth Driver

As the population size of consumers increases, the global soft drinks market expands. This is the primary factor fueling the growth of the industry. Consumers’ preference for quality food products with high nutritional value has spurred the market growth. Key players in the industry are focusing on innovative products that attract consumers toward the consumption of their products, and this is expected to improve the sales of soft drinks globally.

The increasing variety of soft drinks concentrate has fostered the acceleration in the growth of the market. The soft drinks market is driven by consumers’ demand for processed food products without giving regards to the taste or nutritional value contained in the product. In addition, growing consumers’ awareness of the health benefits associated with soft drinks, concentrates, has further fostered the growth of the market. This is slated to continue over the forecast period.

Furthermore, changing consumers’ lifestyles, coupled with increasing demand in the food and beverage sector, has augmented the global market demand. The rise in the number of consumers has significantly impacted the growth of the soft drinks concentrate market.

With the rise in consumers’ demand for healthy food products, the global soft drinks concentrate market is expected to witness significant growth during the forecast period. Increasing the per capita income of people in developed and developing countries is also slated to augment the demand for beverages. This will accelerate the growth of the global soft drinks concentration market over the foreseeable period.

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Soft Drinks Concentrate Market Restraint

Since soft drink concentrate contains caffeine, increasing awareness among consumers regarding the negative impact of caffeine products is expected to hamper the market’s growth. Consumers might have to switch to the consumption of non-coke concentrates, which will foster the decline in the growth of the global soft drink concentrate market.

Soft Drinks Concentrate Market: Region-wise Analysis

Geographically, Europe dominates the global soft drinks concentrate market due to the rising population of consumers within the region. Germany is the major contributor in terms of market volume in Europe. The Asia Pacific is predicted to be the fastest-growing region for the global soft drinks market with countries like China, India, Japan, and Korea acting as growth drivers. Increasing disposable income of consumers in these countries is expected to facilitate the growth of the industry in this region.

Soft Drinks Concentrate Market: Competitive Landscape

  • Beverage Corp.
  • PepsiCo Inc.
  • the Coca-Cola Company
  • Cott Corporation
  • Dohler Group
  • Kraft Foods
  • Dr Pepper Snapple Group, Inc

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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The research report presents a comprehensive assessment of 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. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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.