Intermediate Bulk Container (IBC) Liner Market: Global Industry Analysis, Size, Share

Future Market Insights (FMI) has recently published an exhaustive study on the global IBC liners market, bringing to fore credible insights on the key market trends impacting growth from 2020-2030.

As per FMI’s analysis, the IBC liners market is projected to expand at nearly 5% value CAGR through 2030, reaching US$ 1.2 Bn in revenue.

Opportunities abound across the recyclable and reusable IBC liner packaging solutions. A case in point, French paper manufacturing giant Ahlstrom has been extensively utilizing this technology to incur cost savings of approximately € 30,000 and significant decrease in manufacturing footprint.

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Key Takeaways

  • North America to generate US$ 135 Mn by 2020-end, East Asia to emerge as a lucrative market
  • Polyethylene IBC liners to account for over one-third revenue share in the immediate forecast period
  • Food-grade IBC liners packaging to remain lucrative, non-alcoholic beverages to generate 17% revenue by 2020-end
  • By thickness, 50 to 100 micron IBC liners to hold dominant revenue share
  • Aseptic packaging likely to expand at nearly 6% CAGR through 2030
  • Liquid packaging solutions to emerge as a lucrative segment by content type

“Prominent manufacturers are foraying into emerging economies across the East & South Asian market so as to capture a wide consumer base, thereby accelerating growth prospects in the long-run,” comments the FMI analyst.

COVID-19 Impact Analysis

The COVID-19 pandemic has generated significant expansion avenues for the global packaging industries, with credible potential existing across the food & beverage, cosmetics and pharmaceuticals segments. As the world prepares for another incoming wave of infections, manufacturers are strengthening existing supply chains to mitigate any further recessionary impacts.

Furthermore, demand has surged across the food & beverage and pharmaceutical segments respectively. For instance, significant spike in sales of Remdesivir were recorded, attributed to the designation of the Emergency Use Authorization (EUA) status by the US FDA in the initial stages of the pandemic.

All these aforementioned trends have therefore enhanced the need to incorporate efficient packaging solutions, thereby broadening growth prospects for the IBC liners market.

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Competitive Landscape

Prominent players operating in the global IBC liners landscape include Amcor Plc, Sealed Air Corporation, Peak Packaging Ltd, Nittel GmbH & Co KG, Composite Containers LLC, Paper Systems Inc, Arena Products Inc., Brambles Industries Ltd., Hanlon Solutions Resource Inc. and CDF Corporation to name a few.

Manufacturers rely on strategic alliances, mergers & acquisitions, new product launches and expansion of geographical outreach to acquire a deeper customer base. Moreover, they are also furthering existing research capacities to incorporate novel technological advancements so as to offer enhanced packaging solutions.

Key Segments

Capacity

  • Up to 1,000 liters
  • 1,000 to 1,500 liters
  • Above 1,500 liters

Material Type

  • Polyethylene
  • LDPE
  • LLDPE
  • Polyamide (PA)
  • Polypropylene (PP)
  • EVOH
  • Aluminum Foil
  • Others (PVC, PET)

Thickness

  • Up to 50 micron
  • 50 to 100 micron
  • 100 to 150 micron
  • Above 150 micron

Content Type

  • Powder & Granules
  • Liquids

Filling Technology

  • Aseptic
  • Non-aseptic

End-use

  • Food
  • Edible Oil
  • Dry Food
  • Beverages
  • Alcoholic
  • Non-Alcoholic
  • Chemicals
  • Specialty
  • Commodity
  • Paints, Inks & Dyes
  • Agricultural
  • Pharmaceuticals
  • Biopharmaceuticals
  • Petroleum, Lubricants & Others

Region

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

More Insights on FMI’s IBC Liners Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global IBC liners market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the IBC liners market on the basis of capacity (up to 1,000 liters, 1,000-1,500 liters, and above 1,500 liters), material type (polyethylene, polyamide (PA), polypropylene (PP), EVOH, aluminum foil and others), thickness (up to 50 micron, 50 to 100 micron, 100 to 150 micron, and above 150 micron), content type (powder & granules and liquid), filling technology (aseptic and non-aseptic) and end-use (food, beverages, chemicals, paints, inks & dyes, agricultural, pharmaceuticals, biopharmaceuticals, and petroleum, lubricants & others) across seven prominent regions.

Facial Tissue Paper Market Will Escalate Rapidly in the Near Future

According to a new analytical study from Future Market Insights (FMI), tissue paper sales are estimated to exceed 2.5 million tonnes in 2018 and grow 2.7% year-on-year in 2019. With growing consumer expectations for tissue paper attributes such as high absorbency, strength and softness, brand owners have made reasonable efforts in this highly competitive market to provide high quality products with added value. I’m continuing. Leading companies in the tissue paper market are focused on expanding their product portfolio while strengthening partnerships and collaborations with equipment and machinery manufacturers.

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Kimberly Clark first introduced tissues under the brand name Kleenex. Kimberley Clark aimed at replacing cloth towels with facial tissue papers. Since the innovation came into the limelight, several companies started producing facial tissue paper as a part of their product portfolio. Increasing disposable income and the improving lifestyle of people are considered among the primary drives of the facial tissue paper market.

The major companies featured in this study include Procter & Gamble, Kimberly-Clark Corporation, Asia Pulp & Paper, Svenska Cellrosa Activora Jet SCA, Vinda International Holdings Limited, Hengan International Holdings, and others. Includes Hengan International, Sofidel Group, C & S Paper. Co. Ltd, Wepa Group, Georgia-Pacific LLC, CMPCTissue, Metsa Tissue, Cascades Inc., and Kruger Products LP

The study estimates that regular tissue paper dominates, accounting for more than 75% of total sales in 2018. The integrated location of such regular variants may be due to the economic nature of the growing mid-sized population around the world. However, the recent upward trend in health and wellness means that demand for antiviral and recyclable tissue paper will continue to gain momentum in 2019.

Key segment
Based on product type, the global tissue paper market is divided into
Normal
Antiviral drug
Recyclable tissue paper

Based on the type of packaging, the global tissue paper market is divided into
Box packaging
Pocket packaging

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Based on use cases, the global tissue paper market is divided into-
Residential
Commercial subsegment

Based on distribution channels, the global tissue paper market is divided into-
Wholesaler / Distributor, Hypermarket / Supermarket
Drug store
Independent small shop
online store
others

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According to this study, the main purpose of the tissue paper manufacturing giant is to maintain leadership in this highly competitive situation while looking at the path of growth in the international market. Strategic mergers and acquisitions are seen by players in the tissue paper market as effective solutions to meet the evolving consumer needs. These players believe in the profitability of focused marketing to their brand, which helps them achieve their growth plans.

Recent fluctuations in the global economy mean that affordability remains a key issue for the tissue paper industry as a whole. As paper products fall into the category of commodities, consumers are always looking for cost-effective variations in the tissue paper industry, and tissue paper is no exception. Expanding modern trade and improving product quality will help increase consumer loyalty, especially in markets where financial and economic uncertainties continue to affect consumer spending.

Manufacturing Technology Development-A Key Strategy for Players in the Tissue Paper Market

As competition is seen as an aspect that complements growth, enhances product quality and stimulates product development by category, key players in the tissue paper market are key players in the tissue paper market with product expansion technology and new marketing to gain competitiveness. We are adopting a strategy. Technological advances are recognized as product quality improvers and reduce tissue paper manufacturing costs. For example, the advent of TAD technology has enabled tissue paper makers to save significant energy, and this technology is finding widespread demand in the United States.

Flexible Plastic Packaging Market To Grow At 5% CAGR; Increasing Demand For Reusable Packaging from Fast Moving Consumer Goods

Driven by shifting consumer preference from traditional packaging products to stand-up pouches and re-closable packaging, the flexible plastic packaging market is forecast to reach valuation of US$ 98 Billion by the end of 2021, finds Future Market Insights (FMI) in a study

The flexible plastic packaging market with its material segment, product segment, and packaging segment will generate sales of over 33.6 million tons in 2021, according to the annual market analysis conducted by Future Market Insights.

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Rising urbanization and busy lifestyle have fueled the demand for convenient and fast foods, thus leading to increase in demand for flexible packaging. These packaging solutions are preferred over hard packaging as they require less energy for production, consume limited resources, readily available and are convenient to store and use.

Consumers are shifting towards buying packaged and processed food items rather than using traditional approach to preparing meals thus boosting the demand for flexible plastic packaging.

The Natural Resources Defense Council reported that Americans waste more than 400 pounds of food per person every year. The wasted food results in generating pollution equivalent to 37 million cars per year.

Flexible plastic packaging is emerging as a key solution to avoid food wastage as it improves shelf-life of the product as well as creates high barrier reducing the contamination of food. This method reduces the storing and shipping expenses. These factors will positively influence the sales of flexible plastic packaging.

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Increasing government funding towards developing bio-plastics and improving the recycling infrastructure for efficient processing along growing awareness among consumers regarding the use of sustainable packaging will boost the flexible plastic packaging market growth in upcoming years.

Flexible plastics packaging is replacing rigid packaging owing to its highest sustainability benefits and Superior quality to provide in-transit protection to products. Increasing focus by market players on converting old packaging into new packaging formats, or a host of other products will create opportunities for market growth over the forecast period.

Key Takeaways from FMI’s Flexible Plastic Packaging Market Study

  • North America flexible plastic packaging market will grow at 3.0% CAGR during the assessment period owing to thriving e-commerce industry and increasing demand for convenient packaging solutions from restaurants and food services.
  • Europe market will exhibit a growth rate of 2.6% CAGR from 2021 to 2031, driven by increasing research on developing flexible bio-plastics and elevated export and production of flexible plastic packaging in the region.
  • Japan will hold more than 14% of the East Asia market in 2021, backed by increasing development in recycling infrastructure and limited usage of non-biodegradable plastics in the country.
  • Polylactic acid (PLA) bioplastics are gaining traction owing to their superior durability, recyclability and lightweight nature. The segment is predicted to expand by 1.11x of its current valuation over the assessment period.
  • General barrier packaging will account for more than 80% of the global market share by the end of 2031. Increasing demand for safe and sterile packaging options for packing vegetables and fruits will be the key growth driver.

“Rising usage of flexible plastic packaging in online retail and e-commerce industry and increasing consumer reliance on online delivery of essential products especially during pandemic will drive the flexible plastic packaging market growth over the forecast period,” says the FMI analyst.

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Competitive Landscape

Leading market players are focusing on new product development to expand their product portfolio and penetrate new markets. They are also working towards devising new methods for sustainable packaging to gain the competitive edge in flexible plastic packaging market.

For instance, in 2021, ThyssenKrupp’s plant engineering business won another order to construct a new bioplastics plant in South China. The plant will be based on patented PLAneo technology and is predicted to produce 30,000 tons of polylactide (PLA) annually.

In January 2021, Yum China which holds mahor stakes in leading fast food joints in China launched plastic reduction and sustainable packaging initiatives and aims to 30% reduction non-degradable plastic packaging weight in next five years.

Prominent players operating in the flexible plastic packaging market are:-

More Insights On The Global Flexible Plastic Packaging Market

In its latest report, FMI offers an unbiased analysis of the global flexible plastic packaging market, providing historical data for the period of 2018-2028 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of material type (oil base polymers and bio-plastics), product type (pouches, bags & sacks, tubes, sleeve labels, and films & wraps), packaging type (VSP (vacuum skin packaging), MAP (modified atmospheric packaging), and general barrier), end use (food, beverages, personal care, homecare, pharmaceuticals, industrial packaging, and others), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).

Farming Sacks & Totes Market is set to exhibit growth at a CAGR of 3.4% by 2032

During the projected period, the market for farming sacks and totes is anticipated to post a respectable CAGR of 3.4%. Farming sacks and totes are a crucial component of contemporary farming techniques and improve packaging options. The market is now valued at US$ 13 billion and is predicted to reach US$ 17.56 billion by 2032.

It offers the proper kind of packing to keep the veggie from rotting. Due to their improved moisture inertness, fungus resistance, and decaying attack resistance, farming bags and totes are in higher demand. These are lighter than standard packing, which boosts sales of farming sacks and totes.

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How’s the Competitive Landscape in Farming Sacks & Totes Market?

The key players of the farming sacks & totes market are focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use as secondary packaging solutions to thrive business. This is driving the sales of Farming sacks & totes.

Key players in farming sacks & totes market include

  • The Mondi Group plc,
  • LC Packaging International BV,
  • Novolex Holdings Inc,
  • WestRock Company,
  • Segezha Group LLC,
  • ProAmpac LLC and
  • Sonoco Products Company Company

Recent Market Development:

  • Mondi helps agricultural end users in switching to heavy-duty corrugated packaging, that pushes the sales of farming sacks & totes.
  • LC Packaging International BV has upgraded its industry list that includes food, Field crops, Chemicals, Pharmaceuticals, Mining & Minerals, Construction, Disposal & Recycling and Animal nutrition, increasing the sales of farming sacks & totes.

What are the Key Drivers and Restraints to the Farming Sacks & Totes Market?

The farming sacks & totes market is getting traction on the backdrop of better agricultural techniques with a booming retail sector across the globe, increasing the demand for farming sacks & totes.

Another factor that is expected to create growth opportunities for farming sacks & totes is the convenience of printing which helps in creating brand awareness for the consumers. In addition, farming sacks & totes can be available in different sizes ranging from 5 kg to 50 kg depending on the requirements, increasing the demand for farming sacks & totes.

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What are the Market Opportunities for Farming Sacks and Totes?
Throughout the projection period, the U.S. is anticipated to dominate the North American farming sacks and totes market. India and China are anticipated to experience considerable expansion in the farming sacks and totes market in the Asia Pacific region. As a result of these economies’ heavy reliance on agricultural income, the farming sacks and totes business in this region has experienced significant expansion.

Additionally, it is predicted that the Middle East and Africa (MEA) farming bags and totes market would expand slowly throughout the projection period, driving up sales of farming sacks and totes.

Key Segments in the Farming Sacks & Totes Market

By Material Type:

  • Non Bio-Degradable – LDPE
  • Paper

By Product:

  • Woven Sacks
  • Pasted Valve
  • Gusset Bags
  • Trash Sacks

By End Use:

  • Seeds & Pesticides
  • Food grains
  • Silage
  • Vegetable & Fruits

By Type:

  • Plastic
  • Paper

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle East & Africa

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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.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Biopolymer Tubes Market is expected to grow at a CAGR of 7.5%-8% by 2031

As per the latest report published by Future Market Insights, the Biopolymer Tubes Market is expected to grow at a CAGR of 7.5%-8% annually over the upcoming decade between 2021 and 2031. Sales of Biopolymer Tubes are anticipated to reach Billions of units over the forecasted period.

Biopolymer Tubes Market: Market Outlook 

The innovation-driven packaging industry has come up with an environmentally friendly alternative for the oil and chemical-based polymers, such as biopolymers to produce the packaging solutions previously made using pollutant materials. Biopolymers used to manufacture tubes are gaining market popularity among the manufacturers as well as the end-users such as cosmetics, pharmaceutical, household and many other industries.

Materials like Bio-based PE (Polyethylene), Starch Blends and PLA (Polylactic Acid) are the most popularly used biopolymers to produce tubing solutions to pack creams, paste, gels, shampoo, lotions and much other skincare & oral care products. Though all these biopolymers are done with no bio-degrade, features like 100% recyclability make them fit as an environment-friendly packaging solution.

Moreover, the global biopolymer tubes market is predicted to grow at an exponential growth rate over the forecasted period.

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Key Market Players of Biopolymer Tubes Market

  • Raepak Ltd
  • Maynard & Harris Plastics
  • BodyPak
  • Arkema
  • Biome Bioplastics Limited
  • CCL Industries
  • LAGEENTUBES
  • Albea Group
  • ALPHA PACKAGING

Which Factors Are Driving Biopolymer Tubes Market Towards Growth?

The growing demand for bio-degradable packaging solutions among environment-friendly consumer bases drives the demand for biopolymer tubes in all parts of the world. Stringent laws and regulations prohibiting the usage of single-use and oil-based plastics to reduce the carbon footprints of these environmentally harmful materials.

The biopolymers offering similar properties as the oil-based polymers offer such as strength and durability along with their ability to reduce carbon footprints drives the sale of tubes made from naturally sourced polymers.

The increase in demand for personal care, skincare and oral care products most widely packaged in tubes, are also set to create a positive impact on the demand for biopolymer tubes in the global market. All the above-mentioned growth factors are anticipated to fuel the growth of the global biopolymer tubes market.

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What Factors Are Hampering Growth of Biopolymer Tubes Market?

Primarily the cost of biopolymers used to manufacture these tubes for packaging is expensive as compared to the other oil-based polymers, which results in reduced profitability for the producers of these tubes.

Most naturally sourced materials are also bio-degradable in an ordinary atmosphere after a specific period that makes biopolymer tubes non-suitable for usage in long storage periods.

Despite a few drawbacks, a sharp rise in demand for bio-degradable packaging solutions is anticipated to contribute to the growth of the biopolymer tubes market.

Which Future Growth Opportunities Are Offered By Biopolymer Tubes Market?

The technological advancements enabling manufacturers of biopolymer tubes to produce tubing solutions by reducing the carbon footprints up to 78% as it helps in reducing the usage of natural gas and oil.

The ecological features of these tubes provide an opportunity to manufacturers and marketers of these tubes to showcase their products as environmentally friendly and to differentiate from the competitors based on sustainable practices followed by them. The biopolymer tubes offer empty marketing space with printability to enhance the look and feel of the product.

Also, by the latest methods manufacturers are finding eco-friendly biopolymers which are cheaper and using advanced machinery solutions which produce high-quality biopolymer tubes, with zero wastage of raw materials. All these above-mentioned opportunities offer lucrative growth opportunities to the global biopolymer market players over the upcoming decade.

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Global Biopolymer Tubes Market Segmentation

Segmentation based on Material:

  • Bio-Based PE (Polyethylene)
  • Starch Blends
  • PLA (Polylactic Acid)
  • Bio-Based PET (Polyethylene Terephthalate)

Segmentation based on Capacity:

  • Less than 50ml
  • 50ml-100ml
  • 101ml-150ml
  • Above 150ml

Segmentation based on the End Use:

  • Cosmetics
  • Oral Care
  • Personal Care
  • Household
  • Pharmaceutical
  • Others

Segmentation based on Region:

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

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.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Single Portion Cosmetic Packaging Market : Global Industry Analysis and Opportunity Assessment 2031

The global single portion cosmetic packaging market is expected to increase at a growth rate of ~5.5%, during the forecast period.

Newly released data from single portion cosmetic packaging market analysis shows that global demand of overall single portion cosmetic packaging market is forecasted to reach millions of units by 2031. Noticeable sales of eco-friendly cosmetic packaging are expected in the global market of single portion cosmetic packaging.

Competitive Landscape 

Global Players:

  • Berry Global Inc.
  • Albea Beauty Holdings S.A.
  • Gerresheimer AGThe Packaging Company
  • EASTAR COSMETIC PACKAGING
  • American FlexPack
  • RAEPAK™ Ltd
  • AptarGroup Inc. and
  • others.

Asian Players:

  • Libo Cosmetics Company Ltd.
  • Shaoxing Shangyu Yastar Plastic Co.Ltd.
  • Yuyao Weida Sprayer Co.Ltd.
  • Maheshwari Caps Pvt Ltd
  • Sun Rise Agency

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Single Portion Cosmetic Packaging Market: An Overview

The global single portion cosmetic packaging market is expected to increase at a growth rate of ~5.5%, during the forecast period.

Newly released data from single portion cosmetic packaging market analysis shows that global demand of overall single portion cosmetic packaging market is forecasted to reach millions of units by 2031. Noticeable sales of eco-friendly cosmetic packaging are expected in the global market of single portion cosmetic packaging.

Single Portion Cosmetic Packaging Market: An Overview

Packaging is a vital marketing factor for cosmetic products as it attracts consumer attention and imitates the image of cosmetic products. The cosmetic packaging industry has observed an astonishing growth in the last decade and signifies the changing socio-economical and cultural trends.

It has been observed that the packaging of cosmetics products is directly proportional to the success of cosmetic products. Furthermore, the demand for single-portion packaging for cosmetics products is getting higher than ever. Single portion cosmetic pac

kaging offers precise dose at any time and place which makes it easier for consumers and significantly improves the brand perception. On the back of all these factors, there is a positive impact on the sales of the target market and is anticipated to an exponential increase in future.

Which Factors Propel the Demand for Single Portion Cosmetic Packaging Market? 

Maximum of the cosmetics products are sunlight sensitive and temperature, which creates a necessity for efficient packaging solutions for the cosmetic products. The shelf-life of the cosmetic products mainly be contingent on the cosmetic formulation and material of packaging. The packaging material is preferred according to its compatibility with formulation as well as customer needs.

Single portion cosmetic packaging helps the product to increase the shelf-life of the product which is escalating the growth of the target market.

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How the Cosmetics Product will Create an Opportunity for the Growth of the Single Portion Cosmetic Packaging Market?

The cosmetics industry is rapidly increasing in developing countries with the increasing demand also. Nowadays, consumers have become more open to the adoption of cosmetics as the number of organic products.

The increasing consumption of cosmetics products among millennials will create a growth opportunity for the single portion cosmetic packaging manufacturers to maximize theirs sales in the market.

What are the Key Trends Adopted in the Single Portion Cosmetic Packaging Market?

Globally, the packaging industry is adapting various trends and in which ‘green’ has become a new packaging trend. The demand for ecological cosmetic packaging solutions is substantially increasing with increasing consumer awareness towards the environment.

The green packaging solution for cosmetic packaging is favouring a trend and is anticipated to fuel the demand for the single portion cosmetic packaging market.

Market Segmentation of the Single Portion Cosmetic Packaging Market

By Material:

  • Plastic
  • Glass
  • Metal
  • Paper

By Product:

  • Sachets
  • Stick Pack
  • Tubes
  • Pouches
  • Ampoules
  • Other

By Application:

  •  Hair Care
  •  Skincare
  •  Nail Care
  •  Make-up

By Region

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

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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.

Contact Us:

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

Fast Food Containers Market is estimated at US$ 79.8 Billion in 2032

The size of the global fast food container market was US$ 45.5 billion in 2021, and it is anticipated to grow to US$ 47.5 billion in 2022. Additionally, due to rising usage in industries including hotels, restaurants, retail food chains, and canteens, global sales of fast food containers are expected to increase at a CAGR of 5.3% and reach US$ 79.8 Bn by 2032.

The top 3 nations are predicted to control between 35 and 40 percent of the market by the end of 2022, which would increase sales of boxes for different types of products. Similar to this, it is predicted that between 2022 and 2032, the paper & paperboard market will provide an additional opportunity of US$23.5 billion.

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Competitive Landscape                

Key players operating in the fast food containers market are trying to focus on increasing their sales and revenues by expanding their capacities and developing eco-friendly products. They are also adopting strategies such as new product launches, mergers, acquisitions, partnerships, collaborations and establishment of new production facilities to expand their global footprint.

Key Companies Profiled

  • WestRock Company
  • Graphic Packaging International LLC.
  • Huhtamaki Oyj
  • GM Packaging (UK) Ltd.
  • International Paper Company
  • R+R Packaging Ltd.
  • Fuling Plastic USA Inc.
  • Berry Global Group
  • Crown Holdings Inc.
  • Graham Packaging Company
  • Cambay Technopack Private Limited

2017-2021 Global Fast Food Containers Market Outlook Compared to 2022-2032 Forecast

The global fast food containers market witnessed a CAGR of 3.9% during the historic period of 2015 and 2021. However, with growing consumer spending on fast foods, introduction of ecofriendly containers, and increasing need for preserving food products for long durations, the overall market is poised to grow at a steady CAGR of 5.3% between 2022 and 2032, creating absolute $ opportunity of US$ 32.3 Bn by 2032.

Fast food containers are the food packaging containers used to store and pack different types of food products. These containers ensure that the food stored remains fresh and is not contaminated. They are made of different materials such as paper & paperboard containers, glass containers, plastic containers, and metal containers.

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What are the Key Trends Driving the Global Fast Food Containers Market?

“Increasing Demand for Convenient Food Packaging Solutions Boosting Sales”

The food service industry is a volatile industry with changing consumer tastes. Over the years, demand for convenient & packed food has been increasing at a robust pace as it can be served as a quick meal and the time spent in the kitchen is saved.

Owing to the increased consumption of convenient and packed foods, the need for packaging, which is easy to store, carry, and enables immediate consumption is also increasing. Fast food containers not only serve as secure packaging but also are easy to handle and can help in immediate consumption. Products like boxes, clamshells, cans, etc. could be carried easily.

Fast Food Containers Market by Category

By Material:

  • Paper & Paperboard
  • Glass
  • Plastic
  • Metal

By Product Type:

  • Boxes
  • Jars
  • Clamshells
  • Bottles
  • Cans
  • Cups & Tubs
  • Trays

By End Users:

  • Hotels, Restaurants & Cafes
  • Retail Food Chains
  • Cinemas
  • Institutional
  • Canteens

By Region:

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

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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.

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Processed Meat Packaging Market is expected to reach US$ 2.4 Bn in 2032

The size of the world market for packaged processed meat was estimated to be about US$ 1.4 billion in 2021 and is anticipated to grow at a CAGR of 4.8% from 2022 to 2032. The processed meat packaging industry is anticipated to generate an extra $2.4 billion in potential in 2032 throughout the forecast period.

Due to the growing demand for small-portion meat products, most of which are frozen meat products, as well as minimally processed dried meat-based snacks, there is an increased need for different types of processed meat packaging forms, such as pouches. The rise of the processed meat packaging market is also predicted to be supported by increased health consciousness, the adoption of proper dietary practises, and consumption of small meal portions.

As per the World Health Organization (WHO), children and adults should reduce their daily intake of free sugars to less than 10% of their total energy intake. Further, a reduction to below 5% or roughly 25 grams per day will offer additional health benefits. Thus, similar guidelines and recommendations by government healthcare organizations are anticipated to push sales of small sized packaging of meat and meat products.

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Key Companies Profiled

  • Amcor Plc
  • Berry Global Inc.
  • Winpak Ltd.
  • Sealed Air Corp.
  • Mondi Group
  • Amerplast Ltd.
  • Faerch Plast A/S
  • Bollore Group
  • Constantia Flexibles Group GmbH
  • Sonoco Products Company
  • Thantawan Industry Plc

2016-2021 Global Processed Meat Packaging Demand Outlook Compared to 2022-2032 Forecast

The processed meat packaging market registered a CAGR of 2.6% during the historical period of 2016-2021 and was valued at US$ 1.2 Bn in 2016. The global processed meat packaging market reached a valuation of around US$ 1.4 Bn by the end of 2021.

Fast-paced lifestyles and increasing number of salaried workers have raised the consumption rate of ready-to-eat food products, which is expected to spur sales of processed meat packaging. The packaging’s main objective is to protect the goods. Meat must be covered in packaging to prevent contamination, maintain freshness, and extend shelf life.

Since meat is a perishable product, its packaging must serve a number of purposes, including displaying label information, ensuring product visibility, providing a high barrier to protect the food from physio-chemical changes, moisture, oxygen, as well as resisting grease, odor, and tearing to keep it fresh.

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How the U.S. Expected to Increase Processed Meat Packaging Sales?
Growing Demand for Fresh Meat Packaging to Support US Growth

The North America Meat Institute claims that the meat industry is the greatest segment of American agriculture. The nation generated around 52 billion pounds of meat in 2017. In terms of both demand and market share, the United States leads the world for meat products.

The country’s market for processed meat packaging is anticipated to grow quickly due to the increased demand for premium, fresh meat products brought on by rising disposable income. The market for processed meat packaging in the United States is consequently expected to grow to $710 million by 2032.

Processed Meat Packaging Market Outlook by Category

By Product Type:

  • Trays
  • Pouches
  • Cans
  • Films & Wraps
  • Others (Containers, Bags, etc.)

By Material:

  • Plastic
  • Metal
  • Paper & Paper Board

By Application:

  • Beef
  • Pork
  • Poultry
  • Seafood
  • Others

By Region:

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

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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.

Contact Us:

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

Surgical Mesh Market Forecast, Trend Analysis & Opportunity Assessment 2031

Surgical mesh demand is estimated to grow with a CAGR of 6- 7% during the forecast period. These meshes are woven sheets made of polypropylene and polyester mesh fabrics, which are used as a temporary support for organs during surgery. These are used to provide additional support to the damaged tissue during surgery and is used largely in hernia operations.

Manufacturers provide fabrics in convenient non- sterile roll and sheets which can be easily converted into finished medical devices. They are available in different shapes, dimensions, thickness, and knitting patterns for end users.

Increasing number of surgical procedures and growing health problems in the population is driving the market globally. High technological advancements used in surgeries are expected to expand the market in the forecast period.

These meshes come in absorbable, non- absorbable, synthetic and composite types. One of the factor accelerating the product demand is the high use of bio absorbable surgical mesh for procedures in many countries like US and Germany. Also, more than a million hernia surgeries are performed every year in US using these meshes. Growth in the application of mesh in the end use segment like hospitals and surgeries has also accelerated the sales of the target product in developed regions.

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Surgical Mesh Market: Key Players

Some of the manufacturers are:

  • W.L Gore & Associates
  • Boston Scientific Corporation
  • Medical Devices Business Services Inc.
  • Medtronic
  • TEPHA Inc.
  • C.R Bard Inc.
  • Lifecell International Pvt. Ltd
  • B. Braun Melsungen AG
  • Betatech Medical

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, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on the market segments and geographies.

Surgical Mesh Market: Dynamics

Demand for surgical meshes is growing due to high number of patients around the world and the increasing awareness of these procedures among the population. As the healthcare industry is booming, many new technological innovations are being introduced for the patient’s need and ease in surgical procedures which is accelerating the mesh demand as well. Non- absorbable mesh is considered as a permanent implant in the body after the surgery and will provide everlasting reinforcement to the repair site.

Manufacturers are focusing on producing different types of meshes that are available in convenient sizes and use monofilament fibers that are less prone to bacteria than normal materials that avoids any type of complications after surgery.

Many suppliers and manufacturers are trying to increase their sales through online websites and social media platform as well. They are made available on E- commerce websites as well as on company websites for users to directly purchase with considerable discounted price to attract more number of population towards the product. Manufacturers are also exporting to different countries due to rise in surgical procedures all around the world with the surge in the world population.

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Surgical Mesh Market: Segmentation

Based on Product Type:

  • Non- Absorbable surgical mesh
  • Absorbable surgical mesh

Based on the Application:

  • Hernia Repair
  • Traumatic or surgical wounds
  • Abdominal wall reconstruction
  • Other facial surgery

Based on Sales Channel:

  • Direct channel
  • In-direct channel

Based on End User:

  • Hospitals
  • Surgical Centers
  • Clinics
  • Others

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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.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Splicing Tapes Market by Backing Material Type, Resin Type, Application & Region – Forecast 2022 – 2032

Between 2022 and 2032, the global market for splicing tapes is anticipated to expand at a CAGR of 4.8%. By 2032, the market is expected to have grown from US$ 603 million in 2022 to US$ 968 million. The global splicing tapes market is projected to account for about 2% of the global packaging tapes market, valued at US$ 71.7 Bn, in 2021. The splicing tapes market was valued at US$ 575 Mn at the end of 2021 and is anticipated to have year-over-year (Y-o-Y) growth of 4.1% in 2022.

According to recently published splicing tapes market analysis data, the global demand for the entire paper backing splicing tapes sector grew by 5.6% YoY in 2021 to reach US$ 351 Mn.

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Competitive Landscape

With presence of several leading companies, the worldwide splicing tapes market is extremely fragmented and competitive. Key players use a variety of marketing techniques, including mergers & acquisitions, expansions, collaborations, and partnerships.

Major competitors in the splicing tapes market are players like

  • 3M Company,
  • Windmill Tapes and Labels Ltd,
  • Bron Tapes, Inc.,
  • Le Mark Group,
  • Intertape Polymer Group,
  • Irplast S.p.A.,
  • Shurtape Technologies, LLC,
  • Avery Dennison Corporation,
  • Berry Global Group,
  • Sonoco Products Company,
  • PPM Industries SpA,

Pro Tapes & Specialities Inc., Kruse Adhesive Tape, Inc., tesa SE Group, and Spark Adhesives.

2015-2021 Splicing Tapes Market Outlook Compared to 2022-2032 Forecast

Global splicing tapes are distinct adhesive tapes utilized in varied end use industries such as manufacturing, packaging, and paper & printing. The efficacy of these splicing tapes is improving due to specialty-formulated adhesive that has an instant bond to innumerable surfaces.

Global splicing tapes market grew at a CAGR of 3.9% during historic period of 2015-2021. Emergence of various market players and product innovations is one of the key factors propelling the growth in the market.

However, preference for liquid adhesive solutions might limit the sales of splicing tapes. According to FMI, the market is expected to witness growth owing to the growing adoption of sustainable backing material and improved usage of splicing tapes in industrial sectors.

With the advent of advanced machine learning technology and robotics in industrial sector, the market for global splicing tapes will witness lucrative growth opportunities over the forecast period (2022-2032).

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Which region in the market for slicing tapes is the most lucrative?
The market for splicing tapes in Europe is anticipated to account for a significant portion of demand—nearly 1/4th—during the forecast period. Splicing tapes are becoming more and more necessary across the UK’s diverse manufacturing sectors. Germany will help the market grow.It has been noted that the market for paper-backed splicing tapes in Europe is anticipated to account for about 2/5 of the market between 2022 and 2032. The market for splicing tapes in North America then held 20% of the market in 2021, and this trend is projected to continue into 2022 and beyond.

Global Splicing Tapes Market by Category

By Backing Material Type:

  • Paper Tissue
  • Polyester
  • Non-Woven

By Resin Type:

  • Acrylic
  • Rubber
  • Silicone

By Application:

  • Manufacturing
  • Packaging
  • Paper & Printing

By Region:

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

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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.

Contact Us:

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