Market Research Blog

Favorable government policies and expansion of online presence by leading market players are enabling growth in the pump and dispenser market, finds Future Market Insights (FMI) in a new study. Demand for pumps and dispensers has surged considerably in the last few months and the trend is likely to continue through near-term assessment period in response to the increasing sales of hand washes and spray sanitizers amid COVID-19.

Some of the key players in the pump and dispenser market are Aptar Group, Inc., Rieke Corporation, C.L. Smith Company, DARIN CO., Ltd., Richmond Containers CTP Ltd. TAPLAST S.r.l. Frapak Packaging B.V. RAEPAK Ltd. PKP Plastic Products Inc. UNICOM International Ltd. Weltrade Pty Ltd. TYH Container Enterprise Co., Ltd. Zhejiang Sun-Rain Industrial Co., Ltd. ScopeNEXT Ltd.

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Key Takeaways from Pump and Dispenser Market Report

The pump and dispenser market is expected to grow at a CAGR of 4.3% between 2022-2030 East Asia is predicted to dominate the market due to increasing demand for food packaging, cosmetics and pharmaceuticals. Rising government initiatives to improve manufacturing is also expected to contribute towards market growth Increasing sale of products on ecommerce websites has created lucrative opportunities for manufacturers Demand from cosmetics & personal care segment will continue rising through the forecast period Fluctuating raw material prices of high density polyethylene (HDPE) and polypropylene (PP) is expected to limit market growth

Pump and dispensers are usually used in packaging products like creams, lotions, sauces, shampoo, chemical products, face wash, body washes, cleaning products, skin care products, shower gel, and others. They reduce the chances of product wastage while dispensing and can be reused, making them sustainable options. Increasing demand for pump and dispensers for packaging and skin care is expected to propel growth in the market.

“Consumers around the world are embracing packaging that offers superior functionality and dispensing solutions. This has been encouraging market players to focus on novel designs that offer better convenience and functionality while ensuring lesser wastage of products. For instance, Raepak and Aptar have developed a unique cap design that can measure the exact amount of liquid detergent dispensed in a single squirt,” says an analyst at FMI.

Reason to Buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Pump & Dispenser Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends thereby allowing players to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging Pump & Dispenser Market.
• Scrutinize in-depth Pump & Dispenser Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry vertical

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COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted various industries including the pump and dispenser market. The lack of raw materials saw a decline in production. The market experienced a -0.4% CAGR during 2022. It is expected to rise at a moderate pace 2021 onwards due to increasing demand for soap dispensers and sanitizers due to hygiene concerns.

Who Is Winning?

Companies operating in the market are focusing on developing technology and creating innovations to improve the production process. Some are even adopting more sustainable methods by using recycled materials. In 2021, Silgan Dispensing launched products created using post-consumer recycled (PCR) plastic, in order to improve sustainability and create an eco-friendly initiative.

Valuable Insights into The Pump and Dispenser Market Report

Future Market Insights (FMI) has presented a detailed analysis on the pump and dispenser market with the inclusion of an assessment for the years 2022-2030. The market has been divided into several segments in order to provide an insightful analysis.

On the basis of the product type, the market is divided into trigger pumps, lotion & cream pumps, mist spray pumps, bottle top, crimp dispenser, burette and others. Based on the application, the market is divided into body lotions, hand care lotions, reagents, perfumes & deodorants, liquid soap, shampoos & conditioners and others.

The market is segmented based on material type into plastic, metal and glass. The plastic segment is further divided into polyethylene (high density polyethylene (HDPE) and low density polyethylene (LDPE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP) and others.

On the basis of end use, the market is divided into cosmetics & personal care, homecare, pharmaceutical, chemicals & fertilizers, laboratories, automotive and others. The market is segregated based on geography into North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania.

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Key Segments Covered In Pump & Dispenser Industry Research

By Product Type :

• Trigger Pumps
• Lotion & Cream Pumps
• Mist Spray Pump
• Bottle Top
• Crimp Dispenser
• Burette
• Others

By Material Type :

• Plastic
  • Polyethylene (PE)
    • High – Density Polyethylene (HDPE)
    • Low – Density Polyethylene (LDPE)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Others
• Metal
• Glass

By Application :

• Body Lotions
• Hand Care Lotions
• Reagents
• Perfumes & Deodorants
• Liquid Soap
• Shampoos & Conditioners
• Others

By End-use :

• Cosmetics & Personal Care
• Homecare
• Pharmaceutical
• Chemicals & Fertilizers
• Laboratories
• Automotive
• Others

By Region :

• North America Pump & Dispenser Market
• Latin America Pump & Dispenser Market
• Europe Pump & Dispenser Market
• East Asia Pump & Dispenser Market
• South Asia Pump & Dispenser Market
• Oceania Pump & Dispenser Market
• Middle East & Africa (MEA) Pump & Dispenser Market

About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Sales of Intermediate Bulk Container (IBC) Market have increased significantly across industries such as FMCG, chemicals, paints and petroleum. Future Market Insights (FMI) forecasts intermediate bulk container (BIC) sales to grow at a CAGR of 6.8% by 2031.

There are many products that are not traded in different regions due to the lack of effective packaging types for transporting them. Intermediate bulk containers (RIBC and FIBC) are cost-effective packaging solutions that ensure that products are shipped to importers in their original form.

Greif Inc., SCHUTZ GmbH & Co. KGaA and Mauser Packaging Solutions are top players operating in the intermediate bulk container market. In addition, Berry Global Inc., International Paper Company, DS Smith Plc, Mondi Group  also, attention in the intermediate bulk container market to  collect you. The three-tier player in the market holds 55-65% in the global intermediate bulk container market. To summarize all the major players, it contributes almost 35-45% of the global market.

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Exploring undeveloped areas for product exports will create a wealth of opportunities for the growth of the IBC market. For example, according to the Institute of Organic Agriculture, Europe has the highest consumption capacity for organic foods.

Shipping these organic products from different regions requires the use of  bulk bags , further arming the markets in this region. FIBC  is considered the best choice for food exports.High demand for advanced containers for bulk liquid transport increases sales

Most European countries are steadily recovering from the recent recession caused by the pandemic, and trade activity may increase over the forecast period. This, coupled with the healthy growth of IBC trade volumes in East and South Asia, is expected to play an important role in stabilizing world trade.

With notable links in the supply and demand chain of  industrial packaging, it is clear that manufacturing has stabilized production and demand for industrial packaging has increased.

Competitive Landscape

Companies operating in the intermediate bulk container market are aiming at expansion and strategic partnerships with other manufacturers to expand their product manufacturing capabilities and global presence.

• In 2020, Mondi, the global packaging and paper group, is investing in its Styria (Austria) plant to further boost its ability to offer safe, clean, and environment-friendly liners for flexible intermediate bulk containers.
• In 2018, Schoeller Allibert’s new foldable intermediate bulk container (IBC), Combo FRUCTUS® was created to meet the expectations of tomato paste and fruit juice industries.
• In 2018, Drewsen New technology developed by Austrian manufacturer Starlinger & Co. GmbH (U.S. office is American Starlinger-Sahm, Fountain Inn, S.C.) can produce woven-tape fabric directly from PET bottle flakes. With Starlinger’s “bottle to bag” technology, woven bags are made directly from recycled material and can be recycled after use.
• In 2017, Conitex Sonoco USA, Inc., a manufacturer and distributor of flexible intermediate bulk container (FIBC) bags, launched BulkSak on-demand, a web-enabled inventory program that provides new and existing customers on-demand access to over 70 types of ready-to-ship FIBC bags.

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Key Segment

By Product:

• RIBC
  • Metal
  • Paperboard
  • Plastic
  • Composite
• FIBC
  • Flexitanks
  • Bags

By Material:

• Metal & Paperboard
• Plastic
  • PE
  • PP
  • PVC

By Content:

• Liquid
• Solid & Semi-Solid

By Capacity:

• RIBC
  • Up to 1,000 Ltr.
  • 1,000 – 1,500 Ltr.
  • Above 1,500 Ltr.
• FIBC
  • Up to 500 Kg
  • 501 to 1,000 Kg
  • 1,001 to 1,500 Kg
  • Above 1,500 Kg

By End Use:

• RIBC
  • Chemicals
  • Petroleum & Lubricants
  • Paints, Inks & Dyes
  • Food & Beverage
  • Cosmetic & Personal
  • Healthcare & Pharmaceuticals
  • Others
• FIBC
  • Chemicals & Fertilizers
  • Food & Agriculture
  • Building & Construction
  • Healthcare & Pharmaceuticals
  • Mining
  • Others

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By Region:

• North America
• Latin America
• Europe
• MEA
• East Asia
• South Asia
• Oceania

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/intermediate-bulk-container-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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According to Future Market Insights (FMI), during the forecast period of 2022-2030, the market for metal containers is expected to grow at a CAGR of 5.4%. With increasing cautiousness in regards to sanitation, customers prefer metal packaging as they are airtight and eliminate the risk of tampering.

There has been an increasing demand for metal containers due to the awareness regarding the importance of sanitary packaging in the food and beverages industry. Initially used only to pack canned foods, more outlets have begun using metal containers for packaging fresh foods due to their high barrier protection and ecofriendly conditions.

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Top Key Players Covered-

• Ball Corporation,
• Ardagh Group S.A.,
• CCL Industries Inc.,
• CPMC Holdings Ltd.
• Silgan Holdings Inc.
• Grief Inc.
• Toyo Seikan Co., Ltd.
• Crown Holdings, Inc.,,
• Mauser Packaging Solutions,
• Nampak Ltd.,
• Montebello Packaging Inc.
• Balmer Lawrie & Co. Ltd.
• HUBER Packaging Group GmbH
• NCI Packaging
• Great Western Containers Inc.

Food and beverages packed using metal containers last longer and the containers are recyclable, which makes it a profitable option in the long run. Using metal containers gets rid of the need for an additional packaging because the containers are strong and durable.

KEY TAKEAWAYS

• The metal containers market is expected to grow at 5.4% CAGR from 2022-2030
• The market is projected to reach a valuation of US$ 124.9 Bn by the end of 2022
• Among product types, the intermediate bulk containers segment is projected to account for over half of the market share by the end of the forecast period

Though a decrease in market is projected in 2021-2022 due to the pandemic, rapid growth is predicted 2023 onwards.

Regarding the metal containers market, an FMI analyst said, “Many industries are taking on the Green initiative, which benefits both the environment and the society. Metal containers are beneficial for the environment because of their reusable design. For instance, when a metal container is no longer useful, it can be easily recycled and turned into another metal container. They are a great investment to have for any heavy duty storage needs and can generally be sold fast.”

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COVID-19 IMPACT ANALYSIS

The ongoing pandemic has negatively affected a lot of different sectors including the metal containers market. The decline in business of end-use industries has affected the demand and production of metal containers. The market is expected to see a downward drop during the 2020-2021 period but is projected to get back on track from 2022 onwards.

The need for well packaged items in the food and pharmaceutical industries has increased demand for metal containers. With people’s lifestyle changing to a more health and safety cautious one, the need for minimum error packages is high and will benefit the metal containers market.

Who Is Winning?

Some of the leading players in the metal containers industry are Ball Corporation, CCL Industries Inc., CPMC Holdings Ltd., Crown Holdings Inc., Mauser Packaging Solutions, Montebello Packaging Inc., HUBER Packaging Group GmbH and Great Western Containers Inc.

South and East Asia are expected to amass larger shares in the market. Increasing popularity of aluminum and tin packaging will be beneficial to the market economy. The market in Middle East and Africa is expected to grow due to the increasing use of metal containers in the chemical industry.

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Valuable Insights into Metal Containers Market

A recent study by Future Market Insights gives a detailed analysis of the metal containers market as well as assessment for the forecast period of 2022-2030. The global market is segmented in order to analyze in detail each and every aspect of the market.

The market is divided by product type as cans, drums, aerosol cans, pails, intermediate bulk containers and others. Based on the material type the market is divided into steel, aluminum and tin; and based on the end use it is divided into the food and beverage industry, chemicals, automotive, pharmaceutical and health, cosmetics and personal care, building and construction and other end use industries. Lastly the market is divided by the geographical region into North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania.

Key Segments Covered in Metal Containers Industry Research

Metal Containers Market by Product Type:

• Cans
• Drums
• Aerosol Cans
• Pails
• Intermediate Bulk Containers
• Others

Metal Containers Market by End-use:

• Food and Beverage Industry
• Chemicals
• Automotive
• Pharmaceutical & Healthcare
• Cosmetics & Personal Care
• Building & Construction
• Other End Use

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

Future Market Insights (FMI) has forecasted that the global aluminum foam market will record healthy growth between 2022 and 2030, progressing at a steady CAGR of 4.4%. Furthermore, the study projects that the global value of the market will cross US$ 60 Mn by 2030.

The report attributes the growth of the market to persistent demand across automotive and construction industries, owing to the material’s superior electrical, mechanical, and structural characteristics.

Similarly, the study has identified increasing inclination towards sustainable raw materials and the growing trend of lightweight vehicles will bestow remunerative opportunities to market players.

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The analysts at FMI also remark that an increasing stringency of regulations restricting the usage of plastic polymer foams is asserting end-users to seek sustainable alternatives such as aluminum foam.

However, the report opines that the COVID-19 pandemic poses a major challenge to the growth of the market owing to hampered operations in the automotive and construction industries, which are the major revenue drivers for the aluminum foam market.

Key Takeaways

Open cell foam will remain the most sought variant, capturing more than 70% of market value, backed by high strength over its counterpart, closed cell foam.

The automotive and transportation sector is the most lucrative end-use segment, accounting for over 1/3^rdof market value.

Aluminum foam’s application as an energy absorber, heat exchanger, and damping structure cumulatively account for 2/3^rdof the market value.

East Asia will remain the largest region for aluminum foam, capturing over 1/3^rdof value, owing to the presence of a thriving automotive industry.

Europe and North America will collectively capture nearly 2/5^thof value, backed by high demand in aircraft and automobile production.

“Market players are focusing on adopting advanced technologies to ensure the production of superior quality aluminum foams with high strength,” remarks FMI analyst.

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COVID-19 Impact

The outbreak of COVID-19 has brought operations in the automotive, aviation, and construction sectors to a screeching halt, thus leading to a downtrend in the demand for several raw materials, including aluminum foam. Moreover, the demand contraction can be attributed to decreased spending on non-essential goods and cost cuttings by end-users.

Furthermore, supply-side challenges such as unavailability of raw materials and supply chain disruptions on the back of government-imposed travel restrictions are hindering the production of aluminum foams. On these lines, the growth trajectory of the aluminum foam market will behold fluctuations during the pandemic and the revamp appears to be slow and delayed.

Who is Winning?

Manufacturers of aluminum foam are enhancing their production technologies to improve the quality of end-products. Likewise, entering strategic partnerships has also been identified as a key growth strategy adopted by market players. On these lines,

Beihai Composite Materials Co. produces aluminum foams specifically designed for sound reduction purposes.

In December 2021, Cymat Technologies Ltd. entered a partnership with Spain-based Alucoil SA to produce aluminum composite panels with metallurgically-bonded aluminum foam cores.

FMI’s report includes profiles of some of the most prominent names in the market including Beihai Composite Materials Co., Ltd., Composite Materials Ltd., Cymat Technologies Ltd., American Elements Corporation, ERG Aerospace Corp., Hollomet GmbH, Pohltec Metalfoam GmbH, VIM Technology Ltd, Nanoshel LLC, Aluinvent Ltd., and Havel metal foam GmbH, among others.

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Key Segments Covered In Aluminum Foam Industry Research

By Product Type

• Open Cell Foam
• Closed Cell Foam
• Others

By Application Type

• Energy Absorber
• Heat Exchanger
• Damping Structures
• Filtration
• Insulation
• Others

By End-use

• Automotive & Transportation
• Aerospace & Defense
• Building & Construction
• Chemical
• Other Industrial

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

 

Breathable films are integral part of diverse industrial applications like pharmaceuticals, medical, hygiene & personal care, food & beverage, sanitary napkins, incontinence products, hospital disposables like gloves, PPE kits, food packaging and others. The global urbanizations taken place in the last decade has worked as the driving factor to boost the breathable films market growth which tends to sustain in the upcoming forecast period (2020-2030).

As researched thoroughly by FMI analysts, the global Breathable Films market is set to grow during the forecast period of 2020-2030 to reach US$ 927.8 Bn by 2030.

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Some of the key takeaways from the report are as follows-

• Global breathable films market is anticipated to grow at CAGR of 6% during the forecast period, starting from 2020 to 2030
• Among materials, polyethylene breathable films are expected to dominate the market due to their diverse applications and low cost
• In terms of type, micro-porous segment expected to emerge dominant while the monolithic segment is likely to remain in the next leading position during the forecast period
• Hospital disposables sector emerges as key end user, exhibiting high demand for products such as surgical masks, gloves, PPE kits, and others.
• North America expected to continue dominating among regional segments
• In the category by end-users, hospitals to dominate the market during the forecast period. Food and beverages, personal care and hygiene, Apparel and clothing and others to remain in the dominant market positions in the current and near future.

Covid-19 Impact Analysis

Due to the COVID-19 pandemic there is surge in demand of several products starting from personal hygiene to pharmaceuticals and medical disposables like gloves, masks, PPE kit and others which are accelerating the growth of breathable films market globally. Despite of the disruption in manufacturing units or logistics services due to the ongoing pandemic, drop in GDP, job recessions and other factors, the overall market value is set to experience year-to-year growth and expansion throughout the forecast period. East Asian countries to significantly contribute to the global breathable films market due to increased urbanization, demography of the region, medical expenses of the large number of population and other factors.

“Lifting of China’s one child policy ban and rapidly growing aging population is likely to accelerate the demand in global breathable films market. Moreover, rapid growth in medical developments resulting increase in old age populations which is likely to impact the breathable films market positively in the near future” says an FMI analyst.

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Who is winning?

According to the report by Future Market Insights, the leading market players of the breathable film market are adopting various strategies to sustain in the competitive edge.

As the global market offers impressive opportunities, the key market players such as Schweitzer-Mauduit International, Inc., Berry Global Inc., and American Polyfilm, Inc., focusing on expanding their geographic presence to gain competitive advantage.

Some of the leading market holders in the global breathable film market-

• Trioplast Industrier AB
• Innovia Films
• Arkema Group
• LyondellBasell Industries N.V.
• RKW Group
• Fatra
• Covestro AG
• DuPont de Nemours, Inc.
• Kimberly-Clark Corporation

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More Valuable Insights on Global Breathable Films Market

In the latest report, Future Market Insights depicts and analyses an unbiased research on the global breathable films market, along with the historical data for period of 2015-2019 and forecast statistics for the upcoming period of 2020-2030. To understand the scope, growth, strategies and opportunities in the breathable films market, the global market is segmented on the basis of material (polyethylene, polypropylene, polyurethane, and others), Film type (micro-porous, monolithic/non-porous), end-user industry (medical, food and beverages, pharmaceuticals, personal care and hygiene, apparel and clothing, building and construction, and others), across six major regions (North America, Latin America, Europe, East Asia, South Asia-pacific, MEA).

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

 

Award winning market research company Future Market Insights’ latest report on the pet care packaging market brings to fore the key dynamics accelerating growth prospects for the 2020-2030 forecast period.

As per its projections, FMI infers that the pet care packaging market is poised to cross the US$ 10 billion mark, flanked primarily by the increasing proportion of pet ownership across all continents.

A rapidly seeping trend of nuclearization of families is compelling individuals to seek companionship from other living beings. Consequently, pet humanization is picking up major pace, thus heightening expenditure on pet care products such as pet foods, healthcare products, cosmetics and nutraceuticals.

Key Takeaways from FMI’s Pet Care Packaging Market Study

• Heightening pet food demand to accelerate pet care packaging market prospects
• Metal materials to continue holding major sway, paper & paperboard acquiring high momentum
• Bags & pouches likely to acquire surging popularity, driven by high demand for flexible packaging solutions
• Cat food packaging to emerge as the fastest growing segment, dog food to reign supreme
• Asia-Pacific to generate maximum growth potential, pivoted by rising pet ownership across countries such as India, China and Japan

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“Prominent vendors are incorporating eco-friendly packaging solutions, in tandem with growing environmental consciousness by end-users and customers,” remarks the FMI analyst.

COVID-19 Impact Insights

As the COVID-19 pandemic tightens its noose around the global economy, a worldwide recession is on the cards. With various industries experiencing production crunches due to lockdowns, revenue and profit margins have taken a turn for the worse in the past few months.

With respect to the pet care packaging market, this deceleration is expected to be moderate across the short-term forecast period. In spite of the imposed shutdowns, demand for pet care products has remained afloat as pet owners are highly concerned about maintaining good pet health.

Consequently, online sales of various pet care products has compounded, prompting pet care product vendors to capitalize on this new trend to extensively market and sell their merchandise. Minor production crunches experienced in the initial months of the pandemic due to logistical constraints are already eroding, restoring the market projections.

Competitive Landscape

The global pet care packaging market is characterized by the presence of numerous regional and international market players. This has rendered the landscape highly competitive in nature.

Some prominent vendors analyzed in this report are Amcor Ltd., AptarGroup Inc., Ardagh Group S.A, Bemis Company Inc., Coveris Holdings S.A, Crown Holdings Inc. and Constantia Flexibles Group GmbH among others.

A multitude of market strategies are being deployed by the aforementioned vendors in order to survive the cut-throat competition levels across potential regions. Strategies such as product innovations, mergers & acquisitions, portfolio expansion and accelerating R&D are proving highly effective in deepening the players’ regional and global footprints.

In addition, prominent players are also leveraging online marketing platforms due to the surging popularity of e-commerce. A majority of pet owners prefer to purchase merchandise within the comfort of their homes through prominent digital marketing platforms.

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More Valuable Insights on the Pet Care Packaging Market

Future Market Insights, in its new report, offers an unbiased analysis of the global pet care packaging market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the hermetic packaging market on the basis of material type (plastic, paper & paperboard, metal and other packaging material), packaging type (cans, bags & pouches, folding cartons, tubes, blister packs, plastic bottles & jars and others), application (dry food, wet food, pet treat and frozen) and end use (cats, dogs, birds and others) across seven regions.

Key Segments

Material Type

• Plastic
• Paper & Paperboard
• Metal
• Other Packaging Material

Packaging Type

• Cans
• Bags & Pouches
• Folding Cartons
• Tubes
• Blister Packs
• Plastic Bottles & Jars
• Others (Tubes, Cups, etc.)

Application

• Dry Food
• Wet Food
• Pet Treat
• Frozen

End Use

• Cats
• Dogs
• Birds
• Others

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Region

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

Key Questions Answered in the Report

• What is the pet care packaging market size?
• How will COVID-19 impact demand for pet care packaging?
• Which is the most widely used material for pet care packaging?
• Which pet care packaging is most used?
• Which is the largest market for pet care packaging?
• Who are the leading players in pet care packaging?

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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The global stick packaging market is set to grow steadily, despite COVID-19 induced sluggishness decelerating growth, according to a recent study published by Future Market Insights. This report elaborates on the prominent drivers and success factors that are likely to drive demand during the assessment period.

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Globally, the packaging industry has experienced major developments in recent years. High demand for flexibility and durability of packaging has prompted manufacturers to incorporate novel solutions by utilizing lightweight and eco-friendly material.

Stick packaging offers a host of benefits. Besides its aesthetic appeal, stick packaging helps in maintaining compactness, are lightweight, and prove instrumental in protecting the product from external shocks. Based on these trends, the market is witnessing an impressive surge.

Key Takeaways from FMI’s Stick Packaging Market Study

• By material, BOPP plastic stick packaging to remain highly preferred. However, paper stick packing is likely to expand rapidly
• Liquid products sales such as cosmetic creams and food pastes to remain primary users of stick packaging solutions
• By end use, food industry likely to tower over the rest, owing to high demand for instant consumables
• Asia to pivot market growth, North America to enjoy substantial revenue share from 2020-2030
• Product innovations key to ensuring prominent players’ enhanced market presence

“Prominence of sustainable packaging solutions is prompting manufacturers to introduce lightweight, flexible and environmentally friendly material in their existing packaging products ambit,” observes the FMI analyst.

COVID-19 Impact Insights

The novel coronavirus pandemic has drastically impacted global manufacturing capacities, crippling distribution networks and disrupting supply chains. Government mandated shutdowns have caused a decline in production activities, reducing profit margins and stemming revenue inflow.

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Due to this shutdown, the global packaging industry has also suffered several setbacks. The stick packaging market has also borne the brunt of this deceleration. Fortunately, the ever increasing demand for foodstuffs and pharmaceutical products has prompted providers to keep their businesses operational.

Growth is further being fueled by an increasing percentage of customers relying on virtual marketing platforms to avail their supply of essential commodities. Several food and pharmaceutical companies are investing in robust stick packaging solutions for this reason. Thus, a steady growth trajectory is on the cards.

Several regions are already experiencing a resurgence as lockdown restrictions ease.  This is permitting various industries to restart their operations on a full-fledged basis, bridging potential supply-demand gaps. Consequently, the need for stick packaging solutions is also escalating.

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Competitive Landscape

Presence of multiple large, medium & small enterprises renders the global stick packaging market intensely competitive. To survive this breakneck competition, the listed players employ a host of strategies.

New product launches, partnerships & expansions and mergers & acquisitions are amongst the major strategies deployed by the aforementioned vendors. In addition, capacity expansion is also considered an effective growth strategy.

Some prominent players operating in this landscape are Amcor Plc, Glenroy, PrintPack Inc., Sharp, Aranow, Naturelle Ltd., Nellson Anahem, GFR Pharma Ltd., Catalent Inc., Hearthside Food Solutions LLC, Assemblies Unlimited Inc., Lithotype and Fresco Systems USA Inc.

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports