Europe to Account for Lion’s Share of Transit Packaging Market by 2026-end

A new research report of Future Market Insights has slated an above-average expansion for the global transit packaging market through the forecast period (2017-2026). Revenues from the market are poised to surpass US$ 200,000 Mn by 2026-end.

Ecommerce Fulfillment Hubs Aggressive in Development & Implementation of Automation Systems in Warehouse & Logistics

Traditionally, material handling, shipping, and warehousing operations associated with transit packaging have been labor-intensive, burdening personnel costs and potential for injury, accident, and product damage. Currently, there is huge emphasis on accommodating human operators and human-operated equipment in the warehouse layout and design, which in turn will lead to optimum utilization of warehouse space and overhead volume.

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There has been a rise in the incorporation of stock-picking robots and robotic forklifts that require relatively narrower aisles than the human-operated machines, thereby enabling safe manipulation of taller shelves, racks and pallet stacks. Ecommerce fulfillment hubs have become more aggressive in the development and implementation of automation systems in warehouse and logistics, which in turn is expected to reshape the market for transit packaging in the near future.

Surging trade activities coupled with robust demand for packaging from various end-use industries are driving complications in transit packaging management. This has further led toward the introduction and high adoption of the efficient fleet management systems for facilitating management of tracking & cleaning containers, maintenance activities, and fleet sizes, in order to deliver safe and efficient transportation of goods. Soaring emphasis on the product safety during transportation has fuelled adoption of corrugated boxes, as they facilitate the process of recycling and are more sustainable for the environment.

The environmental issues play a fundamental role in selection, business practices, and product design of transit packaging. Prominent retailers currently demand for less wasteful and more efficient transit packaging solutions, with their motivation for using “greener” packaging materials rowing in tandem with the environmental sensitivities of players driving the market for transit packaging globally.

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Key Research Findings from the Report

  • Europe will account for the lion’s share of the market by 2026-end, succeeded by North America and Asia-Pacific excluding Japan (APEJ). Revenues from transit packaging market in Europe and APEJ are expected to increase relative faster through 2026. In addition, revenues from the market in North America and Latin America are projected to witness a parallel increase through 2026.
  • Polyurethane and paper & paperboard are expected to retain their position of being fastest growing packaging materials in the global transit packaging market. In contrast, sales of polyethylene and ethylene vinyl alcohol are expected to grow in parallel at the lowest CAGR through 2026.
  • On the basis of packaging type, cartons and containers are expected to lead the global transit packaging market, in terms of revenues. However, sales of wooden crates are poised to reflect a comparatively faster expansion through 2026.
  • Pharmaceuticals and third party logistics will prevail as fast-growing end use industries of transit packaging, with revenues collectively estimated to reach approximately US$ 55,000 Mn by 2026-end.

Occupancy of numerous local, regional, and multinational players has made nature of global transit packaging market fragmented, wherein regional players are increasingly competing against international players via provision of various innovative solutions at relatively lower prices. International players are likely to retain their dominance in terms of quality, range of offerings, features, and cost. Wide scope for innovation is being highly sought-after by the market vendors, owing to surging demand from the food, fertilizer, pharmaceutical, and chemical industries.

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An inorganic expansion is estimated for international players in the market through acquisition of local or regional players in the near future. FMI’s report identifies key players driving the market growth, which include Yinghua Plastic Products Co., Mondi Group PLC, Honeycomb Cellpack A/S, Deufol SE, Papier-Mettler KG, BEUMER Group GmbH & Co. KG, International Paper Co., Nefab AB, Eltete TPM Ltd, and SGS SA.

To know more about global transit packaging market, reach the team of expert analysts at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Steel is the Most Popular Material Type in the Global Industrial Pails Market

Pails are a type of cylindrical containers that are usually made up of plastic or metal and are used in the storage of liquid or semi-liquid industrial products. There are various factors that are contributing to the expansion of global industrial pails market. A major factor is the rapid growth of the chemical and pharmaceutical industries.

Manufacturers in such industries want packaging solutions that are light in weight, are cost effective and also durable and strong for their bulk liquid packaging requirements. Due to this reason, industrial pails find significant applications in the chemical and pharmaceutical industries. In addition, there is a growing demand for paints, adhesives and coatings all across the world and this is another factor driving the market growth.

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However, the fluctuating prices of raw materials for the manufacturing of industrial pails are restraining the growth of the global industrial pails market. Besides, there are growing applications of industrial pails in the food and beverage, construction and mining industries, which are providing new opportunities for the global industrial pails market.

The global industrial pails market is slated to reach a valuation of nearly US$ 9,300 Mn in the year 2026 and exhibit a moderate CAGR during the period of forecast.

4 Forecast Highlights on Global Industrial Pails Market

  • As per the forecast of Future Market Insights, the low density polyethylene material type segment is slated to touch a value of nearly US$ 650 Mn in the year 2026. This represents a moderate CAGR growth during the assessment period of 2017-2026. The low density polyethylene material type segment was estimated to account for nearly one-tenth of the revenue share of the material type category by the year 2017 and is expected to lose in market share by the year 2026 end.
  • As per the assessment of Future Market Insights, the 3 Gal capacity segment will reach a valuation of nearly US$ 1,050 Mn in the year 2026. This represents a moderate CAGR growth during the period of assessment. The 3 Gal capacity segment was estimated to account for more than one-tenth of the revenue share of the capacity category in the year 2017 and is expected to lose market share by the end of the year 2026.
  • As per the estimates of Future Market Insights, the agriculture segment is slated to reach a valuation of nearly US$ 310 Mn in 2026. The agriculture segment is expected to lose market share by the end of the year 2026. The largest share is contributed by the North America region in the agriculture segment.
  • Future Market Insights forecasts the US industrial pails market to grow from nearly US$ 1,200 Mn in 2017 to US$ 1,700 Mn in 2026. This represents a compound annual growth rate (CAGR) of 3.9% from 2017 to 2026.

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Competition Landscape

The report has also profiled leading players in the global market for industrial pails, which will remain active through 2026. These include companies such as FDL Packaging Group, Grief Inc., Balmer Lawrie & Co. Ltd, SCHÜTZ GmbH & Co., Sonoco, Orora Packaging Australia Pty Ltd, Mauser Group B.V., Fibrestar Drums Ltd, Delta Containers Direct Limited and Industrial Container Services.

For further insights into the global industrial pails market, write in to Future Market Insights analysts at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

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Paper Napkin Making Machine Market will Surpass US$ 151 Mn by 2026- Future Market Insights

Paper napkins are describe as a kind of tissue paper that are used for the cleaning of hands or face. Such type of paper napkins are available in a variety of sizes, possesses the property of being absorbent and are hygienic in nature. With the changing perceptions regarding food, the food eating habits of the consumers are also changing and there is an increasing popularity of fast food.

This is increasing the demand of paper napkins all around the world. Also, with the increasing disposable incomes and the changing lifestyles of people, the market of paper napkins is also experiencing huge growth in terms of volume of usage. The manufacturers of paper napkins are introducing different varieties of paper napkins in the market so as to attract more consumers into buying them.

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In addition, with the increasing concerns about protecting the environment and reducing the carbon footprint, the manufacturers of paper napkins are using recycled paper in their manufacturing and such type of products are being preferred by the consumers.

The global paper napkin making machine market is slated to reach a valuation of nearly US$ 151 Mn in the year 2026 and exhibit a sluggish CAGR during the period of forecast.

4 Forecast Highlights on Global Paper Napkin Making Machine Market

  • As per the forecast of Future Market Insights, the 200-400/hour production capacity segment is slated to touch a value of nearly US$ 35 Mn in the year 2026. This represents a sluggish CAGR growth during the assessment period of 2017-2026. The 200-400/hour production capacity segment was estimated to account for nearly one-fourth of the revenue share of the production capacity category by the year 2017 and is expected to lose in market share by the year 2026 end.
  • As per the assessment of Future Market Insights, the standalone system type segment will reach a valuation of nearly US$ 17 Mn in the year 2026. This represents a sluggish CAGR growth during the period of assessment. The standalone system type segment was estimated to account for more than one-tenth of the revenue share system type category in the year 2017 and is expected to lose market share by the end of the year 2026.
  • As pre the estimates of Future Market Insights, the semi-automatic operation type segment is slated to reach a valuation of nearly US$ 14 Mn in 2026. The semi-automatic operation type segment is expected to lose market share by the end of the year 2026. The largest share is contributed by the North America region in the semi-automatic operation type segment.

Preview Analysis Global Paper Napkin Making Machine Market Segmentation By Production Capacity (100-200/Hour Market, 200-400/Hour Market, 400-600/Hour Market, 600-800/Hour Market); By System Type (Integrated Market, Standalone Market); By Operation (Automatic Market, Semi-Automatic Market): https://www.futuremarketinsights.com/reports/paper-napkin-making-machine-market

  • Future Market Insights forecasts the US paper napkin making machine market to grow from US$ 34.2 Mn in 2017 to US$ 44.6 Mn in 2026. This represents a compound annual growth rate (CAGR) of 3% from 2017 to 2026.

Competition Landscape

The report has also profiled leading players in the global market for paper napkin making machine, which will remain active through 2026. These include companies such as Finetech Tissue Machines, Delta Paper Machine, Hobema, S.K. Engineering Works, Royal Paper Industries, Ocean Associate Co. Ltd., Jori Machine, Alpha Napkin Machines, Beston Paper Machine and Hanwha Corporation.

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More from FMI’s Packaging Market Intelligence:

About Us

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

Contact Us

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Aeroponics Market 2021 Development Status, Competition Analysis, Type and Application 2030

The global aeroponics market has gained a traction over the historical years on the back of increasing spending on crop protection techniques across the globe. Aeroponics is also termed as “fogponics” which is an innovative method of cultivation by means of mist or air instead of soil. In this cultivation method, the concentrate of nutrients is added into the water that further controls the growth of the plant. Aeroponics is one of the subsets of hydroponics technology.

Aeroponics technology is gaining traction due to its innumerable associated health benefits. Apart from that the plants grown via aeroponics method requires less space, fewer fertilizers, and less water; and it doesn’t require any pesticides. Cucumber, tomato, lettuce, strawberries, and herbs such as mint, and basil are the few type of crops that are cultivated via aeroponics.

Aeroponics has the unique ability to yield any kind of crop all through the year, in any season. Changeable climates are one of the key strain on the global food supply chain. Increasing adoption of aeroponics systems by farmers in various regions across the world to make sure year-round yield and to reduce the scarcity of food at regional levels is likely to drive the overall growth of the aeroponics market over the forecast years.

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Organic and Sustainable Farming is Propelling the Growth

These days the customers have become more conscious regarding the source of the raw materials that have been using in the food products. Due to the rising awareness about health and food, customers are progressively preferring chemical-free and sustainable food products.

Consequently, to retain a healthy standard of living, customers are more willing to expend on natural and organic food products. Due to the growing demand for natural and organic food products the agriculturalists are implementing organic aeroponics solutions.

Global Aeroponics: Key Players

Some of the key players engaged in the global aeroponics market are

Aeroponics (AERO Development Corp),

AeroFarms

BrightFarms Inc

LettUs Grow

Evergreen Farm Oy

CombaGroup SA

Ponics Technologies

Altius Farms

Freight Farms

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The study is a source of reliable data on:

Aeroponics market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

Highlights of the aeroponics market report:

A complete backdrop analysis, which includes an assessment of the parent market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and projected size of the market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging niche segments and regional markets

An objective assessment of the trajectory of the aeroponics market

Recommendations to companies for strengthening their foothold in the aeroponics market

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Aeroponics: Market Segmentation

basis of component :

Lighting

Sensor

Irrigation Component

Climate Control

Others

basis of farming method  :

Outdoor farming

Indoor farming

basis of solutions  :

Organic

Conventional

basis of Application  :

Commercial

Residential

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UHT Whipping Cream Market 2021 | Scope of Current and Future Industry 2030

UHT whipping cream is commonly used in a range of desserts, including profiteroles and layer cakes, and as a decorative component for most desserts, including theme desserts and signature cakes. Increasing consumption of cheesecakes, pies, puddings, cupcakes, cakes, ice creams, sundaes, waffles and hot chocolate milkshakes is expected to amplify the overall demand of UHT whipping cream in near future. The expansion of the food service sector in Asia-Pacific, which makes use of ready-made cream, is a potential business opportunity for manufacturers. The food service channel has experienced a steady rate of growth in countries such as China, India, and Indonesia. In addition, increased foreign traffic, which has boosted the popularity of multi-cuisine, is driving the use of UHT whipping cream. Furthermore, increased caffeine consumption coupled with demand for specialty coffee are another factor which is expected to support growth of UHT whipping cream market.

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Increasing Demand of UHT whipping cream in Bakery and Confectionery Application

According to the International Food Information Council Foundation, more than 50% of people snack at least once a day to reward themselves, relieve their appetite or gain energy. The proportion of people who eat snacks every day is growing and, as a result, demand for snack items is rising rapidly.

UHT whipping cream is commonly used in the dairy industry. The segment is expected to remain dominant during the forecast period. Dairy whipped cream is favoured by supermarket consumers as well as chefs and commercial bakers.

UHT Whipping Cream: Key Players

Some of key players operating in the global UHT whipping cream market includes

  •  Amul
  • Trader Joe’s
  •  Nestle S.A.
  • Danone
  • The Kraft Heinz Company
  • Westland Milk Products
  •  Fonterra’s Premium Anchor

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UHT Whipping Cream: Key Players

Asia Pacific is the most lucrative market for UHT whipping cream. The increasing population of young people and their changing eating habits, especially in developing countries such as China and India, are critical to the growth of the regional market. Consumers in developing countries are showing greater interest in trendy foods and beverages. As such, market players are concentrating more on Asia Pacific and channeling their resources over there.

The study is a source of reliable data on:

  • UHT whipping cream market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

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

Highlights of the UHT whipping cream market report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the UHT Whipping cream market
  • Recommendations to companies for strengthening their foothold in the UHT whipping cream market

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UHT Whipping Cream: Market Segmentation

Product Type :

  • Dairy
  • Non-dairy

end use:

  • Dairy Products
  • Bakery & Confectionery
  • Beverages
  • Snacks
  • Others

Based on sales channel:

  • Direct Sales
  • Indirect Sales
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Specialty Stores
  • Online Retailers

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Asia Pacific Excluding Japan (APEJ) to Reflect High Market Attractiveness Spurring the Adoption of Temperature Controlled Pharmaceutical Containers During 2017-2026

Extensive research report on “Temperature Controlled Pharmaceutical Containers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)” by Future Market Insights unveils several vital insights on the global market for temperature controlled pharmaceutical containers. The research study includes impact analysis of various drivers and trends along with restraints and opportunities that have an influence on the growth of the global temperature controlled pharmaceutical containers market.

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It also covers intelligence on key players operating in the market that can support upcoming businesses to gain hold in the global market in the coming years. In addition, the reader can gain high level insights with the actionable intelligence provided in this research report that can support the reader in slating and implementing new strategies to gain an edge over the competition in the changing dynamics of the global temperature controlled pharmaceutical containers market.

The research report covers analysis on the application areas of temperature controlled pharmaceutical containers along with the market scenario of various form types and content types.

The research study offers historical data analysis, along with current market data as well as future market projections for a period of nine years, from 2017 till 2026. As per the analysis done in this research report, the global market for temperature controlled pharmaceutical containers is projected to expand at a exponential CAGR of 10.5% throughout the period of assessment to reach a valuation of more than US$ 7 Bn by the end of the year of forecast (2026).

Key Insights on Global Temperature Controlled Pharmaceutical Containers Market

The global market for temperature controlled pharmaceutical containers is segmented on the basis of control type, form type, application, content type and region.

  • In the region category, Asia Pacific excluding Japan (APEJ) is the most lucrative region for the growth of the temperature controlled pharmaceutical containers market. This region is marked with increasing developments in the pharmaceutical sector that has pushed the sales of temperature controlled pharmaceutical containers in APEJ. The temperature controlled pharmaceutical containers market in APEJ is estimated to touch a valuation of more than US$ 2,400 Mn by the end of the year of assessment, thus dominating the global market in the coming years. Europe region is the second most attractive region contributing to the growth of the global temperature controlled pharmaceutical containers market
  • By control type, both active and passive temperature controlled pharmaceutical containers are expected to witness similar adoption rate in the coming years across the globe, passive type temperature controlled pharmaceutical containers being a shade higher than the active ones. However, active temperature controlled pharmaceutical containers are estimate to lead the global market with a high market valuation by the end of the year of assessment (2026)

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  • In the form type category, chest style segment is the largest with high market value as well as expected to grow at a relatively high rate during the forecast period. This segment is the most lucrative and is expected to witness increased adoption for pharmaceutical packaging in the years to follow
  • By application, chilled segment is expected to surpass other segments with a high market share and CAGR. This segment is projected to expand at a value CAGR of 12.4% during the period of forecast
  • With respect to content type, the vaccines /drugs and genetic material largely require temperature controlled pharmaceutical containers. These segments are expected to highly contribute to the revenue sales of temperature controlled pharmaceutical containers during the assessment period. Of these, the genetic material segment is poised to slate the highest CAGR

Global Market for Temperature Controlled Pharmaceutical Containers: Competition Dashboard

The research report on global temperature controlled pharmaceutical containers market has included profiles of various key players operating in the market. Their detailed scrutiny with respect to product synopsis, development and innovation along with expansion strategies and SWOT analysis has been covered in this research report.

Key players such as Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers, Sciencesoft USA Corporation, ACH Foam Technologies LLC, American Aerogel Corporation, Inmark Packaging, va-Q-tec AG, Envirotainer Ltd., Cold Chain Technologies, Cryopak, Sofrigam SA Ltd., Pelican Biothermal and Sonoco Products Company have been included in this research study.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

High Barrier Packaging Films for Pharmaceuticals Market Estimated to Flourish at by 2027

The demand for flexible packaging especially that made of biodegradable material is highly in demand today. People are preferring the use of sustainable products for packaging. The packaging industry is also witnessing the introduction of new and innovative packaging types for various applications in the food and pharmaceuticals industries.

The packaging market consists of high barrier packaging that is used for pharmaceutical applications. High barrier films are flexible films that have certain properties that protect the primary product from deterioration and ultimately increase the shelf life of the product. A new research report by Future Market Insights titled ‘High Barrier Packaging Films for Pharmaceuticals Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027′ depicts the current and upcoming scenario of high barrier packaging films for pharmaceuticals.

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The report indicates latest trends that are prevailing in the industry and are helping the global high barrier packaging films for pharmaceuticals market to grow exceptionally. Looking at the current demand for high barrier packaging films, manufacturers are coming up with new and advanced products.

Modified Atmosphere Packaging (MAP) or Controlled Atmosphere Packaging (CAP) is the emerging advancement in the packaging industry, which helps maintain the environment within the packaging as required by the product. High barrier packaging films are incorporated to manufacture such packaging; these films do not allow the exchange of gases across the packaging and control the temperature within the package.

Global Packaging Industry to Witness Increased Demand for Biodegradable High Barrier Packaging

The packaging industry largely accounts for plastic packaging that is non-biodegradable. People in developed countries are very concerned about the adverse effects of plastic use, which is fuelling the market for biodegradable products. Manufacturers are focussing on producing biodegradable high barrier packaging films that can help them stay stronger than other packaging manufacturers in the business.

Manufacturers have also come up with techniques like recycling high barrier packaging films. A new technology being launched is Recycle Ready Technology. This technology renders the recycling of polyethylene barrier films with the objective to increase the post-consumer recycling process and reduce packaging waste incineration. The process is an evolution in the recycling process of flexible films that has saved immense cost of manufacturers in the recycling process of flexible films.

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APEJ to Become the Fastest Growing Region in the Global High Barrier Packaging Films for Pharmaceuticals Market

According to the research report, the North America regional market is expected to hold the highest market size of over US$ 200 Mn by the end of 2027. However, in terms of growth rate, APEJ is expected to dominate the global market with a projected CAGR of 7.2% during the forecast period. Latin America is in close competition with APEJ in terms of growth and is expected to grow at the rate of 7.0% during the forecast period.

High Barrier Packaging Films for Pharmaceuticals Market: Competitive Landscape

The report lists all the key players leading in the global high barrier packaging films for pharmaceuticals market. It also presents a brief profile of all these major players. Some of the key players mentioned in report are Amcor Limited, Uflex Ltd., Bemis Company, Inc., Winpak Ltd., The Mondi Group plc, Berry Global Group Plc, Constantia Flexibles, Glenroy, Inc, Toray Plastics (America), Inc., Cleplast Metallized Products Ltd. etc.

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About Us

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

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

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Plastic Caps & Closures Market Insights, Deep Analysis of Key Vendor in the Industry 2020-2030

Plastic Caps & Closures Market Outlook

The Plastic Caps & Closures Market is projected to expand at a moderate pace over the years to come. However, the growth of the market is threatened by a rise in the usage of packages without closures, for instance, blister and pouches packages.

These kinds of packaging provide several benefits to the packager, for instance, material cost saving in contrast to sustainability issues and traditional methods of rigid packaging. Several FMCG players adopt the pouch packaging format as a packaging innovation tool to offer ease to consumers.

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Soaring consumption of carbonated and non-carbonated drinks has been translating into improving prospects of bottles, jars, and other similar packaging formats, which in turn, lead to increasing sales of plastic caps & closures. The global plastics caps & closures market is projected to clock an impressive CAGR of 5% during 2019 – 2029, majorly driven by the consistent demand for plastics caps & closures of bottles, jars, tubes, and containers. The thriving trend of convenience packaging is further driving sales of different types of plastics caps & closures such as screw, snap, and push & pull caps & closures.

Key Takeaways – Plastics Caps & Closures Market Study

  • Screw caps & closures are experiencing the unmatchable demand, especially in the beverage industry as this packaging solution maintains the optimum air levels in bottles and provides convenient opening and closing.
  • Thermoplastics such as polyethylene (PE), polypropylene (PP), and others dominate the global plastics caps & closures market in terms of material. Use of these plastics for manufacturing plastics caps and closure offers advantages such as low processing cost as well as lightweight and high strength products.
  • The beverage industry has been identified as the key end user of the plastics caps & closures, as this sector generates a constant demand for plastics caps & closures to pack a wide variety of carbonated and non-carbonated drinks.

Looking at the growth of food & beverages industry across developing Asian economies and the subsequent rise in demand for convenient packaging formats, manufacturers of plastics caps & closures are most likely to spot profits in Asia Pacific (excluding Japan).

Rising Demand for Convenience Packaging and Small Bottles

Consumers prefer to bring their favorite products with them when they go to different places. Millennials across the globe are more inclined towards convenience packaging as these packaging solutions are easy to carry, easy to dispose, and have better flow control. High preference for these convenience packaging products over conventional packaging products, especially from the Generation Z, boosts the demand for plastics caps & closures. The rapidly rising adoption of smaller bottles due to the current “on-the-go and breakfast bottles” trend in the beverage industry is another factor that propels growth of the plastics caps & closures market.

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About Plastics Caps & closures Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global plastics caps & closures market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study provides growth projections on the plastics caps & closures market on the basis of cap type (screw closures, snap closures, push-pull closures, and other), material type (thermoplastics and thermoset) and by end-use (beverage, food, pharmaceuticals, household, cosmetics & personal care, and others (chemicals & fertilizers, etc.) across seven major regions.

FREQUENTLY ASKED QUESTIONS ABOUT GLOBAL PLASTIC CAPS & CLOSURES MARKET

What are the key factors accelerating growth of the plastic caps & closures market?

Rising consumption of carbonated & non-carbonated drinks across the globe, and striking adoption of convenient packaging solutions are factors that are propelling growth of the plastic caps & closures market.

What are future prospects of the plastic caps & closures market?

The global plastic caps & closures market is expected to grow at a steady pace during the next ten years. The global plastic caps & closures market was valued at US$ 36 Bn in 2018, and is projected to expand 1.7X by 2029.

Which end-use industries offer high growth prospects for manufacturers in the plastics caps & closures market?

The beverage industry is anticipated to hold a significant share in the global plastic caps & closures market, and remain the most lucrative segment throughout the forecast period. Moreover, the beverage industry is projected to generate an impressive incremental opportunity in the next decade, as the demand for plastic caps & closures for effective packing and sealing of a wide variety of bottles, jars, and containers is on the rise.

Which plastic caps & closures will provide most gratifying opportunities in the next five years?

Screw caps & closures segment is anticipated to offer the most promising growth prospects throughout the forecast period. The demand for screw caps & closures is constantly rising, as these closures maintain the optimum air levels in bottles, and ensure convenient opening and closing.

Which region is expected to lead in terms of global sales of plastic caps & closures?

In terms of sales and market growth, the Asia Pacific Excluding Japan (APEJ) region is projected to retain the leading position throughout the forecast period. The plastic caps & closures market in this region is projected to register a striking CAGR during the forecast period.

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Gusseted Bags Market is also projected to reach US$ 26,008.8 Million Revenue by the End of 2026

As per the latest report by Future Market Insights (FMI), the global gusseted bags market is expected to witness sluggish growth. During the forecast period, the market is projected to expand at a CAGR of 2.8%. The global gusseted bags market is also projected to reach US$ 26,008.8 million revenue by the end of 2026. Gusseted bags are considered to be one of the most flexible packaging options. Previously, gusseted bags were used only for packing tea and coffee, however, owing to the ability of gusseted bags to retain the freshness of the food for a long time, these bags are used widely for packaging of various food products. Moreover, gusseted bags are easy to handle, are lightweight and occupy less space.

Various key factors that are driving the demand for gusseted bags are the products packed in gusseted bags tend to remain fresh for a long time, it aids in visual clarity of the printed matter on the bags and also provides ample space for storage. The popularity of gusseted bags is increasing across various industries because of its lightweight, and easy to handle quality. The manufacturers of gusseted bags are also using recyclable raw materials for producing gusseted bags. Advancements in the gusseted bags are leading to its wide application in storing dry food, paints, and fertilizers. Also, handle gusseted bags are gaining popularity due to its low cost and are easy to use

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Key Highlights on the Global Gusseted Bags Market

The global gusseted bags market is segmented on the basis of thickness, application, material type, bag type, and region. Based on the bag type, the market is segmented into side gusseted and bottom gusseted. Among these, side gusseted bags are expected to witness the highest growth. Side gusseted bags are projected to bring in more than US$ 19,100 million revenue by the end of the forecast period.

On the basis of material type, the market is further segmented into paper, polypropylene, polyethylene, nylon, biodegradable plastics, and metal foil. Polyethylene is expected to be widely used material. By the end of 2026, polyethylene is projected to exceed US$ 6,200 million revenue.

Preview Analysis on Global Gusseted Bags Market Bag Type: Side Gusseted; Bottom Gusseted; Material Type: Paper, Polypropylene, Polyethylene, Nylon, Biodegradable Plastics, Metal Foil; Application: Cofee & Tea Packaging, Bakery Product Packaging, Other Unprocessed F&B Packaging, Dry Processed F&B Packaging, Wet Processed F&B Packaging, Pet Food Packaging, Consumer Good Packaging, Other Industrial Applicationshttps://www.futuremarketinsights.com/reports/gusseted-bags-market

Based on the application, the market segmentation includes coffee & tea packaging, bakery product packaging, other unprocessed F&B packaging, dry processed F&B packaging, wet processed F&B packaging, pet food packaging, consumer good packaging, and other industrial applications. Gusseted bags are expected to be largely used for dry processed F&B packaging. Dry processed F&B packaging is projected to generate more than US$ 5,100 million revenue by 2026 end.

On the basis of thickness, gusseted bags with 2-5 Mil are expected to witness the fastest growth during the forecast period. 2-5 Mil gusseted bags are projected to create an incremental opportunity of over US$ 2,800 million during 2017-2026.

Based on the region, the Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global gusseted bags market during 2017-2026. By the end of 2026, APEJ region is likely to exceed US$ 10,500 million revenue. Due to the increasing population and the increasing use of gusseted bags in packaging the region is witnessing significant growth.

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Leading Companies Competing to Sustain in the Global Gusseted Bags Market

American Plastics Company, TekPak Solutions, PBFY Flexible Packaging, Pacific Bag Inc., International Plastic, Clear View Bag Company, Maco PKG, Associated Bags, ELKAY Plastics, Poly Pak Plastics, Altapac, Columbia Burlap & Bag Company, and United States Plastics Corp, are some of the leading companies in the global gusseted bags market.

Global Gusseted Bags Market is available @ US$ 5000

More from FMI’s Cutting-edge Intelligence:

  • MENA Industrial Packaging Market MENA Industrial Packaging Market Taxonomy By Material Type – Metal, Plastic, Paper & Wood, Fibre; By Product Type – Sacks, Drums, Ibcs, Crates, Pails, Bulk Boxes, Others; By Packaging Type – Flexible, Rigid; By End Use – Chemicals & Pharmaceuticals, Food And Beverage, Building & Construction, Automotive, Plastics & Rubber, Agriculture & Horticulture, Oil & Lubricants, Electronics, Engineering, Metal Products, Tobacco, Others: https://www.futuremarketinsights.com/reports/mena-industrial-packaging-market
  • North America Silo Bags Market North America Silo Bags Market Segmentation By Length Type – 60 Meters, 75 Meters, 90 Meters; By Material Type – Polyethylene (PE) (Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE)), Polypropylene (PP); By Application – Grains (Dry Grains, Wet/Humid Grains, Rolled Grains), Forages, Fertilisers, Dried Fruits and Others: https://www.futuremarketinsights.com/reports/north-america-silo-bags-market

Nylon Films for Liquid Packaging Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2026

A recent study by ESOMAR-certified consulting firm Future Market Insights projects a positive outlook for the Nylon Films for Liquid Packaging market over the forecast period. The report
gives a detailed outlook about the ongoing changes and advancement that are
expected to augment growth in the Nylon Films for Liquid Packaging market. With
a unique approach and extensive data analysis, FMI presents a detailed
perspective on the market, key growth drivers, threats and challenges that
market players are likely to face during the forecast period.

According to the study, the Nylon Films for Liquid Packaging market is expected to reach a valuation of US$ 121.7
Mn at a CAGR of 5.6% over the forecast period. Technological advancements in
the packaging industry across various verticals will enable growth in the
market. Increasing investment in research and development activities and
adoption of information technology within the industry, will create growth
opportunities. FMI’s latest report gives significant details about the current
and upcoming market scenario for an optimized assessment of the market.

Download
Complete TOC of this Report:

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COVID-19 Impact Analysis on Nylon Films for Liquid Packaging Market

Following the outbreak of COVID-19,
the packaging industry is expected to witness a moderate growth after a steep
fall. Soaring development in various sectors of packaging including the
increased R&D activities from the prominent players has led the Nylon Films
for Liquid Packaging market in the positive direction. Manufacturers are more
focused on the sustainability as a key strategy to maintain their position in
the industry during the time of crisis.

FMI provides an extensive
information on growth strategies that will aid the players to tackle the impact
of pandemic on the global Nylon Films for Liquid Packaging market. This
detailed chapter will give the market players information on the market
scenario following the outbreak of COVID-19 and its impact on the industry
across major regions. With various info graphics and detailed data sets, the
market players are provided with market intelligence solutions which are
accurate, transparent and reliable for the upcoming decade.

Important Questions Answered in the Nylon Films for Liquid Packaging
Market Report

  • Which are the top companies operating in the Nylon
    Films for Liquid Packaging market?
  • What will be the future outlook of the Nylon Films for
    Liquid Packaging market in the upcoming decade?
  • What are the key growth drivers and restraints likely
    to affect the Nylon Films for Liquid Packaging market in the future?
  • Which region is expected to be the most lucrative
    region for the Nylon Films for Liquid Packaging market?
  • What are the ongoing trends likely to augment the
    growth of the global Nylon Films for Liquid Packaging market?

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Nylon Films for Liquid Packaging Market: Segmentation

In-depth analysis on FMI’s Nylon
Films for Liquid Packaging market report has been further classified into key segments
and sub-segments.

By Material
Type

  • Nylon 6
  • Nylon 6,6
  • Nylon 6,12
  • Others

By
Application

  • Pouches
    • Mono Layer Pouches
    • Nylon 6
    • Nylon 6,6
    • Nylon 6,12
    • Others
  • Multi-Layer Pouches
    • Nylon 6
    • Nylon 6,6
    • Nylon 6,12
    • Others
  • Bags
    • Bag-in-Box
    • Bag-in-Tubes
    • Liquid Packaging Cartons
    • Others
  • Others (Bottles, etc.)

By
Application

  • Hot Fill Packaging
  • Bulk Food Packaging
  • ESL (Extended Shelf Life)
  • Aseptic Packaging
  • Others

By End Use

  • Food
    • Dairy Products
    • Edible Oils
    • Others
  • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages
  • Personal Care &
  • Cosmetics
  • Home Care
  • Industrial
  • Other

By Region

  • North America
  • Western Europe
  • APEJ
  • Latin America
  • Eastern Europe
  • MEA
  • Japan

Nylon Films for Liquid Packaging Market: Competitive Analysis

The latest report on the Nylon
Films for Liquid Packaging market by FMI gives an unbiased analysis on the top
10 leading companies operating in the Nylon Films for Liquid Packaging market.
It provides a detailed segmentation on the market players’ product launches,
strategic mergers and acquisition and revenue prospects that will aid the
players to gain a competitive edge in the industry.

Significant Contributions to the Report

  • Key Trends and Opportunities: Comprehensive analysis on
    the industries ongoing trends and opportunities for market players in different
    regions across the globe
  • Recent Challenges and Forecasts: Detailed assessment
    on the challenges, technological advancements, and forecast for upcoming decade.
  • Segmental Analysis: Extensive research on each segment
    and factors differentiating the role of these segments in market revenue
    forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each
    regional market to arm stakeholders with necessary information to take critical
    decisions.