Global Tottle Containers Market is set to enjoy a valuation of US$ 184.3 Mn in 2022

According to Future Market Insights research, during the projected period, the global tottle containers market is set to enjoy a valuation of US$ 184.3 Mn in 2022, and further expand at a CAGR of 5.2% to reach US$ 305.8 Mn by the year 2032. The sales of the tottle containers are anticipated to bolster with the top 5 companies projected to hold approximately 20-25% of the market by the end of 2022.

Based on the capacity segment, the 5 to 10 Oz market segment is projected to create a growth opportunity for the global tottles containers market due to increased online shopping by the consumers. The capacity segment is anticipated to grow 1.5x the current market value during the forecast period.

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Historic Market Outlook for Tottle Containers Market

The global tottle containers market witnessed a CAGR of 4.7% during the historic period with a market value of US$ 175.4 Mn in 2021.

A tottle is a combination of a tube and bottle which is inverted in shape and mostly used for packaging beauty and personal care products. Tottle containers are made from polypropylene, high-density polyethylene, and PET. Tottle containers are bottle-shaped tubes specifically used for carrying sunscreens, lotions, hair care, and other products. Tottle containers are provides attractive packaging for the products with easy handling.

The tottle rests on the dispensing cap which allows the products to easily dispense from the tottle without much effort. Tottle containers provides transparency to the products and allows to customize by applying prints and designs as per the consumer preferences. The customization helps to attract more consumers and create growth opportunities for the tottle containers market.

How the Tottle Containers are the most Attractive Packaging in the Cosmetics & Personal Care Market?

The tottle containers are crating the market demand in the cosmetic and personal care segment. The tottle containers being convenient to use attracts the most number of consumers in the beauty products segments. Tottle containers are mostly manufactured by PET and PE material as they are great alternative for glass packaging. The tottle containers made from plastic are rigid and cost effective solution for packaging beauty care products.

Shampoo, conditions, moisturizers and other products are packaged in this newly adopted packaging solution. The tottle containers are the new age solutions for sustainable packaging. Tottle containers accentuate the aesthetics of the packaging which is the major part of marketing the product. This can upgrade the products compare do the other products available in the market. Tottle containers provides the best experience while using the cosmetics and personal care products.

Nowadays, consumers are becoming more interested in self-care and are trying to improve their beauty, and the demand for these personal care products is rising continuously. Tottle containers are gaining market popularity due to their conveniences while handling and dispensing the product. Also, the tottle product designs provide a lavish and luxurious experience while using the product. All these factors the boosting the demand for tottle containers in the market.

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Competitive Landscape

The key players in the global tottle containers market are trying to capture the market share. The key players are focusing on catering to the growing demand for convenient, attractive and low cost packaging through expansion and collaboration with various organizations.

  • In October 2022, Berlin Packaging announced the acquisition pf Bark Packaging Group.

Key Companies Profiled

  • United States Plastic Corporation
  • HCP Packaging
  • SKS Bottle & Packaging, Inc.
  • LUMSON S.p.A
  • Maynard & Harris Plastics
  • Shanghai Brother Precision Mould Co. Ltd.
  • Berlin Packaging
  • Measom Freer & Co Ltd.
  • Quadpack
  • Weber International Packaging Company LLC
  • Pin Mao Plastic Industry

Tottle Containers Market by Category

By Material, Tottle Containers Market is Segmented as:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Other Plastics (PVC, Bioplastic, etc.)

By Capacity, Tottle Containers Market is Segmented as:

  • Less than 5 OZ
  • 5 – 10 OZ
  • Above 10 OZ

By End Use, Tottle Containers Market is Segmented as:

  • Cosmetics & Personal Care
  • Homecare
  • Food

By Region, Tottle Containers Market is Segmented as:

  • 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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Bag-in-Box Market is estimated at US$ 3.3 Bn in 2022 and is projected to reach US$ 5.5 Bn by 2031

The bag-in-box market is estimated at US$ 3.3 Bn in 2022 and is projected to reach US$ 5.5 Bn by 2031, at a CAGR of 5.7% from 2022 to 2031.

As per the FMI analysis, bag-in-box solutions having a capacity less than 5 Liters and 5 – 10 Liters are expected to account for around 58% of the total bag-in-box packaging products sold globally in 2022.

The sales of bag-in-box packaging used for beverage packaging is anticipated to rise by US$ 1.7 Bn over the forecasted period between 2022 and 2031. An increased number of beverage companies switching over to bag-in-box packaging for ensuring the safety of their products during the supply chain can be attributed to the sharp rise in sales of bag-in-box packaging.

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The European region is estimated to account for around 38% of the total sales of bag-in-box packaging around the world throughout the next decade. Stringent food & beverage packaging regulations along with the considerable rise in demand for high-quality packaging products fuels the demand for bag-in-box across the region.

How Growth of Dairy Industry Offers Profitable Growth Opportunities for Bag-in-Box Manufacturers Across The Globe?

The dairy industry offers probable opportunities to bag-in-box manufacturers. Glass bottles and die-cut lids are conventional packaging methods used in the dairy industry. However, bag-in-box finds multifaceted application in the dairy industry due to its aseptic nature, low cost as compared to conventional packaging, and environmental-friendly advantages.

Smoothies and milkshakes are the fastest-growing segments in the dairy industry. Furthermore, a wide range of products such as fresh cream, condensed milk which require air-tight packaging can be offered in large quantity packs with utmost protection during the transit to the farthest markets. Dairy retail adoption of bag-in-box finds potential growth opportunities for manufacturers across the world.

Competitive Landscape

Major market players producing bag-in-box are focusing upon providing bag-in-box packaging of sustainable raw materials and entering into strategic partnerships with key end user industries to stay ahead of the competitors:-

  • In October 2021, Smurfit Kappa Group announced the launch of its new sustainable bag-in-box, which is made from 53% recycled and renewable materials.
  • In July 2021, Liqui-Box Corporation teamed up with WestRock Company to deliver bag-in-box e-commerce solutions for liquids.
  • In May 2021, Schoelle IPN released its SIOC approved bag-in-box packaging for liquid products.

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Key Companies Profiled

  • Smurfit Kappa Group
  • Liqui-Box Corporation (DS Smith Plc.)
  • Amcor plc
  • Scholle IPN
  • CDF Corporation
  • TPS Rental Systems Ltd
  • Optopack Ltd.
  • NWB Finland Oy
  • Aran Group
  • TriMas Company (Rapak)

How Need for Aseptic Packaging Solutions and Adaption of Multilayer Packaging Gaining Traction Across Global Bag-in-Box Market?

Increasing health awareness among consumers is driving the demand for hygienic food and packaging solutions. Food and drug administration authorities compel stringent regulations on packaging techniques and packaging materials. Hence, bag-in-box container manufacturers are focusing on offering aseptic packaging solutions and manufacturing processes to cater to consumer demand and ensure regulatory compliance.

Mineral oil aromatic hydrocarbons (MOAH) are compounds that come in direct contact with packaged food. MOAH is declared carcinogenic by European Food Safety Authority (EFSA). To avoid contamination by MOAH, bag-in-box manufacturers are integrating multilayer technologies into product offerings. Bag-in-Box is made from a high-quality material that does not harm the content of the product and helps to preserve and protect the quality of the product.

Country-wise Insights

What Makes U.S. Major Market for Bag-in-Box across North American Region?

According to the Federal Food, Drug and Cosmetics Act, by U.S. Food and Drug Administration department allows only those substances for use as a component of materials used in manufacturing, packaging, and transporting of food if such substance is not intended to have any technical effect in the food or beverage product packed in it. As per the above mentioned strict regulations by federal regulating authorities are making it mandatory for all types of food & beverage manufacturers to use appropriate packaging made up of clinically-tested and safe materials.

Bag-in-Box is made from a high-quality material that does not harm the content of the package and helps to preserve and protect the quality of the product. Moreover, the end-user convenience offered by bag-in-box packaging to the end-user industry along with final consumers triggers the demand across the country. The U.S. accounts for 87% of the total sales of bag-in-box across North America in 2022.

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Bag-in-Box Market by Category

By Capacity:

  • Less than 5 litres
  • 5 – 10 litres
  • 10 – 15 litres
  • 15 – 20 litres
  • More than 20 litres

By Material:

  • Paper and Paperboard
  • Plastic
    • Low Density Polyethylene (LDPE)
    • Ethylene Vinyl Acetate
    • Metallized-PET
    • Ethylene Vinyl Alcohol (EVOH)
    • Nylon
    • Others

By End Use:

    • Food
      • Dairy Products
      • Sauces, Vinegar & Flavouring
      • Liquid Egg Products
    • Beverages
      • Alcoholic Beverages
      • Non Alcoholic Beverages
      • Water
      • Others
    • Chemicals
    • Petroleum
    • Homecare
    • Cosmetic & Personal Care

By Region:

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

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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Slider Bags Market is anticipated to increase at a high CAGR of 5.6% 2022 – 2032

According to Future Market Insights research, during the projected period, the global slider bags market is set to enjoy a valuation of US$ 13.2 Mn in 2022, and further expand at a CAGR of 5.6% to reach US$ 23.7 Mn by the year 2032. The sales of plastic slider bags are anticipated to bolster with the top 3 countries estimated to hold around 25-30% of the market by the end of 2022.

Based on the capacity, the 6 to 10 OZ segment is projected to remain the leading segment among the other segments for the slider bags market. The target segment is anticipated to hold around 42% of the market value share by the end of 2022.

Newly released data from slider bags market analysis shows that global demand of the overall slider bags market enjoyed year-on-year (YoY) growth of 5.3% in 2021 to a total of US$ 13.1 Bn. The food segment by end use is projected to register a CAGR of 6.0% during 2022-2032.

Competitive Landscape

The key players operating in the slider bags market are trying to adopt partnership strategy to expand their market presence and resources. Also, the company are trying to focus on product launch to capture the market. Some of the latest development by the key players include-

  • In September 2022, Glenroy Inc and Nature Nate’s Honey Co. shake hands and become partners to provide sustainable packaging solution to their consumers.
  • In May 2021, Great American Packaging launches a new ecofriendly product which is compostable product line and includes breathable, clarity, laminate and barrier packaging alternatives.
  • In August 2021, Thantawan Industry Plc launched a new multipurpose zipper bag which is called ‘‘SUNZIP Antivirus’’ and claims to inhibit 99% viruses for safe and hygienic packaging purpose.

Key Companies Profiled

  • International Plastics Inc.
  • Farnell Packaging Limited
  • Mondi Group
  • Biolegeen Biodegradable Material Technology Co.
  • VWR International, LLC.
  • Great America Packaging
  • Glenroy, Inc
  • Flexico Group
  • Sarkina
  • Elke Plastic GMbh
  • Dove Technologies
  • Montage

According to the FMI analysis, the slider bags market revenue totaled US$ 13.1 Bn in 2021. With the propelling demand from the various end-users, the global slider bags market is projected to reach US$ 23.7 Bn by 2032, accelerating at a CAGR of 5.6% during the forecast period.

The slider bags market is estimated to experience a positive growth outlook during the forecast period. A new forecast by FMI anticipates that the slider bags sales will rise during 2022-2032 and is projected to create an absolute incremental growth opportunity of US$ 10.5 Bn.

What Drives the Demand of Slider Bags across the Globe?

A lot of brands are moving towards the flexible packaging solutions such as slider bags and pouches from the traditional rigid packaging for their products. The main reasons for this shift are a considerable reduction in production costs and an improvement in transportation efficiency.

Slider bags made from Kraft paper being environment friendly and natural ways of packaging products and commodities have become the choice of packaging for many brands to cover the future market. A lot of problems arising with plastic packaging solutions generating more and more plastic waste and considering the environmental footprint in the future slider bags made from paper are the future of the packaging sector.

Slider Bags Market by Category

By Material, Slider Bags Market is segmented as:

  • Plastic
  • Paper
  • Aluminium

By Capacity, Slider Bags Market is segmented as:

  • Up to 2 Oz
  • 3 Oz to 5 Oz
  • 6 Oz to 10 Oz
  • Above 10 Oz

By End Use, Slider Bags Market is segmented as:

  • Food
  • Cosmetic and Personal care
  • Pharmaceutical
  • Others (Electronics, Automotive, etc.)

By Region, Slider Bags Market is segmented as:

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

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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Heat Shrink Packaging Market is projected to reach a valuation of US$ 4.4 Billion in 2022

According to Future Market Insights research, during the anticipated period, the heat shrink packaging market was valued at around US$ 4.3 Bn in 2021. Heat Shrink Packaging sales are anticipated to increase at a CAGR of 4.6% and top a valuation of US$ 7.0 Bn by 2032.

The food & beverage end-use segment is projected to hold the major portion of the global heat shrink packaging market. The target segment is estimated to hold around 49% of the global heat shrink packaging market by the end of 2032.

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Historic Market Outlook for Heat Shrink Packaging Market

The heat shrink packaging market created an incremental opportunity of US$ 736 Mn during the historic years 2015-2021 and held the market value of US$ 3.5 Bn in 2015 and reaching around US$ 4.3 Bn by the end of 2021. Thus, the market for heat shrink packaging is expanding at a remarkable rate over the last few years.

The rapidly growing demand for packaged food and beverages, electronics, healthcare, etc. is driving the heat shrink packaging market. Due to high demand in these industries manufacturing units have started increasing their capacity to cope with the demand and satisfy their consumers. Heat Shrink packaging is generally used to increase its durability by combining multiple products into one package unit. This works best in packaging small products together in one combined package unit as it allows seamless and smooth transportation. It helps in lowering cost-effective methods and increases the shelf life of these products.

Also due to increasing economic growth all around the globe, there is a rise in demand for packaged foods. And this in turn is increasing the demand for the heat shrink packaging market.

Which factors are driving the demand for Heat Shrink Packaging Market?

The heat shrink packaging market has increased widely in recent years. The food & beverage sector and healthcare sector have majorly been a part of the huge profit in the market. Heat shrink packaging is used for the packaging of various products. Heat shrink packaging is made of recyclable material such as polyolefin, polyethene (PE) polyvinyl chloride (PVC), etc. which can be further reused. With the recyclable feature, these heat shrink packaging bags are in huge demand.

Heat plays a vital role in the shrink packaging market. Heat machines are used to shrink-wrap the products to combine into one unit. So protection is the second major factor driving the heat shrink packaging market. When heat is generated to wrap the shrink bags to products, it makes a tight seal and combines the small products into one. Once this is done it gets very easy for transportation, as well as the product packaged, stays safe for a longer time. This helps the product to stay safe from moisture or dust from the environment. Also, heat shrink packaging bags are very affordable and it saves the space of bulky packages like boxes saving money and space for the manufacturers.

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What Are the Latest Market Trends for the Heat Shrink Packaging Market?

The packaging industry has changed drastically in recent years. It has made many positive changes and has flourished enormously. The same is with the heat shrink packaging market. With increasing lifestyle changes, sustainability is the most important change everyone is trying to adopt. Manufacturers in this market are also looking for sustainable packaging solutions by eliminating toxic substances from the shrink packaging materials. This in turn recycles the product and helps to maintain the product performance.

When the products are shrink-packed and sealed, it is easy to identify if any tampering is done after the packaging as it holds its shape tight without loosening. Due to this many food and health care companies shrink their products now for the safety of their products to rectify the tampering if done in future. Thus these are the latest market trends driving the heat shrink packaging market.

Competitive Landscape

The heat shrink packaging market is differentiated due to the presence of many market players around the world. With the presence of different regional and local competitors in the market, the heat shrink packaging market is highly competitive. Key players are focusing on various different strategies to increase their revenue and market share in the global market such as capacity expansion, mergers & acquisitions, expansions, collaborations, and partnerships.

Some of the recent developments in the market are as follows –

  • November, 2021 – EDL Packaging Inc, a top leader providing packaging solutions and systems, inaugurated a new and improved a shrink bundling system which is double tight wrap DTW 25. The system is built with an easy-to-clean design that allows constant cleaning and meets regulatory needs.
  • June, 2022 – Amcor Plc, a global leader in building and providing best packaging solutions, declared rebranding of product to provide sustainable packaging solutions to the customers to give a clear and holistic view.

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Heat Shrink Packaging Market by Category

By Material type, Heat Shrink Packaging Market is Segmented as:

  • Polyethylene (PE)
  • Polyolefin (POF)
  • Polyvinyl Chloride (PVC
  • Polypropylene (PP)

By End Use Industry, Heat Shrink Packaging Market Segmented as:

  • Food & Beverage
  • Electrical & Electronics
  • Healthcare
  • Automotive
  • Consumer Goods
  • Others (Personal Care & Cosmetics, Homecare)

By Region, Heat Shrink Packaging Market is Segmented as:

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

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

Leno Bags Market Demand, Scope and Future Estimation until 2027

The global demand for the food industry is showcasing an upward trend with agricultural products being high in consumption demand across North America and APEJ market. This has correlated the demand across packaging market, especially in food bags packaging segment. Traditionally flat bags were the primary choice of food product packaging but which advancement in material usage leno bags significantly preferred for food packaging which requires oxygen in order to increase the shelf life.
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Development in leno bags with fabric coating has rendered in increasing the physical strength of the product thus ensuring a high demand for customized packaging solution to the food manufacturer. Countries of China and India, in particular, are highly dominating the consumption use of leno bags across the globe. Comparatively leno bags have good tensile resistance and are comparatively lighter in weight. Bag manufacturers are increasingly opting to produce leno bags as compared to jute bags as it is much cheaper in the market. Moreover, leno bags offers easy visual inspection of content stored inside it which isn’t possible in other bags. Additionally, nowadays, the manufacturer of leno bags are ensuring the bags are produced in such a way which is corrosive to chemical and renders barrier against fungus and insects.Global Leno bags Market – Market Dynamics:

The producer of leno bags strategies moves which are game-changing in bags market, simply modifying the choice of raw material has created an immense cost saving for the manufacturers. BOPP polymer material is extensively replacing the polyamide material as it offers product strength.

On the flip side the use of biodegradable paper bags an alternative packaging solution for leno bags market which is hampering the growth across the APEJ and North America market. With technological and product development in machinery it has created an increase in output production of leno bags market, thus manufacturer is increasingly focusing on automation process of leno bags.

Global Leno bags Market – Market Segmentation:

Globally the leno bags market is segmented into material type and capacity size type. On the basis of material type the global leno bags market is sub-segmented into polypropylene (PP), polyethylene (PE), polyamide (PA). On the basis of capacity size type the global leno bags market is segmented into 2kg- 10kg, 11kg to 20kg, 21kg to 30kg, 31kg to 40kg, 41kg to 50kg, Above 51kg.

Global Leno bags Market – Regional Outlook:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

The global leno bags market is correlated with rising consumption of food industry across the industrialized and developing region. APEJ region, in particular, is extensively at the apex at the consumption of global food with the highly concentrated population being one of the significant factors for increasing consumption of food and at the same time leno bags market. With the region of Europe and North America are promptly picking up the pace in the increasing consumption of leno bags.

Leno bags Market – Key Players:

Some of the key players operating in the global leno bags market are CTM Technical Textiles Ltd., Trinity Packaging, Meher International, Skill Dye Chem Pvt. Ltd., Balaajie Packaging, Kalna Hessian Bags Supply Co., Manokamna Polypack, Prime Industries, S.P.P Food Products (Pvt.) Ltd., Pack world, Coderre Packaging Inc., Megaflex Plastics Ltd., Yilsan Plastic Packaging Industry & Trade Co. Inc., Singhal Industries Private Limited, Mantram Technofab Private Limited, Sunbeam Lenopack Pvt Ltd., Tan Dai Hung Plastic J.S. Co., Jaidayal Hitex Private Limited, LC Packaging, Leno Pack Industries.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

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

The regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Leno bags Market – Market Segmentation:

Report Highlights:

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

 

Flow Wrap Machines Market Is Very Fragmented and Competitive, With Various Local and Regional Rivals

The flow wrap machines market is expected to reach US$ 422 Million in 2032, and is likely to surge at a CAGR of 3.9% during the forecast period.

Packaging has become an indispensable solution owing to the growing concern among manufacturers with regards to product safety and increasing product attractiveness. Flow wrap machines provide effective packaging solution to products with various shape orientation including conical, cubical, cylindrical, etc.

Flexible packaging requirements across industries including food and beverage, industrial components, medical and pharmaceutical, cosmetics and personal care, etc. Flow wrap machines are used for speedy packaging of products. It has been used in flexible packaging of the products across several industrial verticals. Owing to its application across various industrial verticals, the flow wrap machine market is anticipated to grow over the forecast period.

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Flow wrap machines market: Dynamics

Industrial verticals that use flow wrap machines include food and beverages, pharmaceuticals, health care, beauty care, etc. Some of the factors that have contributed to increasing demand for flow wrap machines include cost-effectiveness, efficient packaging solutions attributed by the capability of packaging products of various shapes, sizes and weight.Due to its wide application across various industrial verticals, the global flow wrap machines market is expected to witness substantial growth throughout the forecast period.

The number of pharmaceutical companies is anticipated to increase by around 7.5% globally during the forecast period, which is expected to have a positive impact on growth of the global flow wrap machines market. Besides the pharmaceutical industry, the cosmetics and food & beverage ingredients industry accounts for a major demand for flow wrap machines across the globe.

Flow wrap machines are widely used for wrapping food products like biscuits, cookies, candies, etc. Besides, it is also used in wrapping soaps and detergents, syringes and other medical devices, electronic products, etc. enabling longer shelf life of the product. Using flow wrap machines in pharmaceuticals, health care, food and beverages helps in ensuring fast and efficient packaging of the products.

Flow wrap machines are efficient packaging solution that is used for large, high volume packaging needs. These are some of the major factors driving the growth of the global flow wrap machines market. However, the dependence on the machines requires additional sources like electricity, fuel, etc., which leads to an additional production cost, which could restrain the adoption of flow wrap machines and in turn hamper the market growth.

Flow wrap machines market: Region-wise Outlook

The flow wrap machines market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa

The increasing production of food and beverages in North America is anticipated to create opportunities for flow wrap machines market over the forecast period. Over the past few decades, Asia Pacific has emerged as a hub for pharmaceutical industries, and demand for flow wrap machines is further expected to increase between 2016 and 2024.

Currently, India and China collectively account for three-fourth of the overall revenue generated from the pharmaceuticals market in Asia Pacific therefore, the demand for flow wrap machines in these regions is anticipated to be relatively high and the trend is expected to continue over the forecast period.

However, revenue from the markets in Latin America and Middle Eastern countries is sluggish currently due to stagnant economy which is also expected to translate into lower demand for flow wrap machines in these regions.

Flow wrap machines market: Key Players

The key players in the flow wrap machines market include Redpack Packaging Machinery, Excel Pack Limited, PAC Strapping Products, Inc., Adhisakthi Projects Private Limited., ULMA Packaging S Coop, Pfm Packaging Machinery Ltd, Robert Bosch GmbH, Omron Corporation.

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

The report covers exhaustive analysis on

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

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Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Flow wrap machines market: Segmentation

The flow wrap machine market is segmented as follows:

On the basis of orientation, the flow wrap machines market is segmented into:

  • Horizontal
  • Vertical

Based on end use industry, flow wrap machines market is segmented into:

  • Food & beverage
  • Soap & detergent
  • Electronics
  • Pharmaceuticals
  • Healthcare

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Safety Box for Syringe Market worth US$ 9.1 billion by 2032 | CAGR 7.5%

This Safety Box For Syringe market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Safety Box For Syringe market.

Global Safety Box for Syringe Market: Overview

Safety box for syringes is an innovative packaging solution for the disposal of used syringes and needles to safeguard against infection and bacteria. Safety box for syringe is designed achieve performance, quality, safety and meets the world health organization standards.

Safety box for syringe is made of solid board to make sure that the syringe stored inside does not penetrate through the box. Lockable lid on the safety box for syringe prevents the access once the box is in use.

Instructions and hazard warnings are printed on the safety box for syringes in order to increase usability.

Some of the features of safety box for syringe include availability in 5 to 10 liter sizes, made from solid board, moisture & puncture resistant, lockable flap ensures a safe closure and instructions are printed in several languages. As the use of syringes is increasing due to the increased vaccination among younger ones and for medications purposes, the safety box for syringe market is also expected to be on the rise during the forecast period.

Safety box for syringes are essential to reduce the risk of blood borne disease transmission through used needles. Safety box for syringe is also known as sharps containers.

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Safety box for syringe puncture proof and impermeable containers for safe disposable of used syringes, needles and other contaminated sharps. Safety box foe syringe should be filled once and discarded immediately.

Safety box for syringe, if used correctly and consistently can help prevent many blood borne diseases and needle stick injuries. The demand for safety box for syringe is expected to rise as they help protect health care workers, patients and the community from used and contaminated sharps.

Global Safety Box for Syringe Market: Dynamics

UNICEF anticipates SIE (Safe Injection equipment) projected demand for 2016-2017 to be for 1.4 billion AD syringes, 83.2 million disposable syringes, 41.6 million RUP syringes and 820,500 RUP syringes with SIP features, 26.7 million needles and 14.4 million safety boxes based on the demand forecast for these products. The rising number of patients who have been stricken with needle stick injuries accidentally is the factor driving the growth for safety box for syringe as the box prevents the patients from needle injuries and other diseases.

The instructions to use the safety box for syringe are:

  • Fill the safety box until it is about ¾ full (or up to the “Full” line if there is one printed on the box).
  • Do not force too many syringes into the box.
  • A 1-liter box, for outreach sessions, can hold about 20 syringes
  • A 5-liter safety box can hold up to 100 used syringes.
  • A 10-liter box can hold approximately 200 used syringes

The safety box for syringe with a capacity of 200 syringes is high on demand at it can store more syringes than other less capacity safety boxes. Also, the 10 liter safety box for syringe eliminates the need of changing the box frequently.

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Global Safety Box for Syringe Market: Regional Outlook

Geographically, the safety box for syringe market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa (MEA). The US & Germany is expected to be a mature market in the safety box for syringe market.

While, the India & China are expected to witness the maximum growth of safety box for syringe during the forecast period mainly due to the rapid growth in the healthcare industry in the developing economies. The growing GDP, increasing disposable incomes and growth trends in the healthcare sectors is driving the demand of safety box for syringe in these developing nations.

GCC Countries and South Africa are also expected to experience an above average growth in the safety box for syringe.

Global Safety Box for Syringe Market: Key Manufactures

  • Smurfit Kappa
  • HMD
  • JMI Syringes
  • Narang Medical Ltd.
  • Becton, Dickinson & Company
  • Hail Mediproducts Private Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with cosmetic containers market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes –

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Global Safety Box for Syringe Market: Segmentation

Global Safety box for syringe is segmented on the basis of capacity into:

  • 1 Liter
  • 5 Liter
  • 10 Liter

Global Safety box for syringe is segmented on the basis of application into:

  • Needles
  • Syringes
  • Lancets
  • Auto Injectors
  • Others Contaminated Sharps

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Report Highlights:

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

Paper Band Market to Grow at a CAGR of 4.1% to be valued at US$ 9.2 Billion from 2022 to 2032

Global paper band demand is anticipated to be valued at US$ 6.1 Billion in 2022, forecast to grow at a CAGR of 4.1% to be valued at US$ 9.2 Billion from 2022 to 2032. The market experienced a Y-o-Y expansion worth 5.2% from 2021. As of 2021, the market yielded US$ 5.8 Billion in revenue.

Paper bands, sometimes known as paper belly bands, are used for product packing. It is a flexible and lightweight packing tool that aids in the stacking of labels, cards, blister packs, sachets, containers, and a variety of other items. The latex-free paper bands are made with a high-quality adhesive that creates a firm binding to the paper band’s ends.

The market for paper band is expanding rapidly due to its several advantages such as stacking, easy opening, and quick and effective packing. Paper band, as opposed to sticky rubber band, extends the life of the goods package. It gives the items eye-catching shelf-ready packaging. As a result, with the growth of the FMCG sector and a rising number of supermarkets and retail outlets, the paper band market is predicted to rise fast.

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Aside from that, placing a barcode on a paper band increases its usability during item handling in transit. It also effectively aids inventory management. Many end users are using paper and packaging because it speeds up production processes. Monopolistic rivalry is evident in the paper band market, which has a huge number of customers and suppliers. As a result of shifting packaging trends, manufacturers are more focused on producing high-quality paper bands and improving their visual appeal. During the projection period, demand for self-sealing bands is predicted to increase considerably.

Which are Some Prominent Drivers Spearheading Paper Band Market Growth?

The key goals that drive the paper band market are unitization and effective product stacking. It is easily recyclable and has a lower carbon footprint. Furthermore, the worldwide market for paper band is driven by simplicity of packaging and less waste. Branding and product marketing are driving factors in the growth of the paper band market.

These bands are adjustable and provide enough room for beautiful labeling and printing, resulting in increased product sales. As a result, paper band is becoming more popular in the retail industry. On the back of the food and beverage industry, the global market for paper band is seeing increased growth potential.

Furthermore, appealing packaging of confectionary and gift items is opening up new prospects for the worldwide paper band market. Aside from that, the need for paper bands in textile packaging is steadily expanding in order to provide a shelf-ready appearance for the product.

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Why is Asia-Pacific emerging as an Opportunistic Paper Band Market?

The rise of the food and beverage industry, as well as the expanding number of retail establishments, are creating growth prospects in the Asia Pacific region’s emerging countries such as India, China, and Indonesia.

Besides, the paper band market in the area is predicted to increase significantly throughout the forecast period due to recent advances in E-commerce, online shopping centers, and a rising number of supermarkets.

How is Europe Contributing to Growth of the Paper Band Market?

According to Future Market Insights, the paper and packaging style is highly embraced across the world since it is eco-friendly and made from natural Kraft paper.

With the amended restriction of single-use plastic in Europe, significant players are increasingly inclined to utilize paper and packaging. As a result, the paper band market in Europe has the potential to develop.

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Market Competition

Some of the key participants present in the global Paper Band market include Extra Packaging Corporation, SANDAR Industries, Inc., Bandall, Cohesion Paper Products LLC, Graphic Arts Equipment, Brown & Pratt, Inc., American Printpak and Economy Tablet & Paper among others.

Attributed to the presence of such high number of participants, the market is highly competitive

 

Dual Flap Dispensing Closure Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

The dual flap dispensing closure market is projected to reach valuation of US$ 4.3 Bn in 2022, likely to surge at vigorous 7.2% CAGR from 2022 – 2032.

Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Dual Flap Dispensing Closure Market over the Assessment Period 2022-2032.

A detailed study on dual flap dispensing closure market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

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Dual flap dispensing closures are known to be created in response to the need for easy and exact dispensing packaging. These closures are utilized to eliminate packaging contents without opening the cap. Spices, condiments and seasonings are generally stored with a dual flap dispensing closure, which assures that they stay fresh. Containers with dual flap dispensing closures are also utilized to store various baked products. These closures are commonly composed of PP or HDPE plastics, making them long-lasting, lightweight and corrosion-resistant.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global dual flap dispensing closure market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales dual flap dispensing closure in the coming 10-years.

Key Dual Flap Dispensing Closure Market Takeaways and Projections

  • The U.S. is expected to lead the North america dual flap dispensing closure market, projecting the fastest growth in the region between 2022 and 2032.
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of dual flap dispensing closure market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global dual flap dispensing closure market. Some of the prominent market players are Mold-Rite Plastics, MJS Packaging, O.Berk Company LLC, Alameda Packaging LLC, Aaron Packaging Inc.

Key Segments Profiled in the Dual Flap Dispensing Closure Industry Survey

Material:

  • Polypropylene (PP) Dual Flap Dispensing Closures
  • High-density Polyethylene (HDPE) Dual Flap Dispensing Closures
  • Other Material-based Dual Flap Dispensing Closures

Application:

  • Dual Flap Dispensing Closures for Spices, Condiments, and Seasonings
  • Dual Flap Dispensing Closures for Confectionary & Baking Products
  • Dual Flap Dispensing Closures for Sweeteners
  • Dual Flap Dispensing Closures for Other Applications

End Use:

  • Dual Flap Dispensing Closures for Foodservice Outlets
  • Dual Flap Dispensing Closures for Theaters and Malls
  • Dual Flap Dispensing Closures for Households

Tear-tab Lids Market is Likely to Reach US$ 49.20 Bn by 2032.

The market for tear tab lids is anticipated to grow strongly, with a CAGR of 4%. The market for tear tab lids is expected to grow from its current value of US$ 30 billion in 2021 to US$ 49.20 billion by 2032.

This Tear Tab Lids market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Tear Tab Lids market.

This Tear Tab Lids market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Tear Tab Lids market.

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Global Tear-tab Lids Market – Overview:

In foodservice industry, packaging plays a crucial role, wherein, lids are an essential part of this system. Amidst the packaging part, the need for secure packaging is creating the demand for tear-tab lids. The tear-tab lids create tamper-evident seal and can’t be removed until tear-tab lids are torn off. The companies are looking for more effective packaging solutions with security on the top. This key factor is expected to drive the market for tear-tab lids. The outlook for tear-tab lids market is expected to be positive in the upcoming years. The tear-tab lids are suitable for single and multi-wall cups, they are preferred for on-the-go use. The manufacturers in the tear-tab lids market are providing lids with easy opening along with tamper evidence. Common tear-tab lid sizes are preference for the leading manufacturers, which is expected to increase the profitability margin, owing to mass production. Tear-tab lids market is anticipated to boost the market growth as per the increment in the smart packaging solutions.

  • Identify Key Market Forces and their Long-Term Forecast
  • Sneak Peek into Key Forecast Factors and thier Impact

Global Tear-tab Lids Market – Dynamics:

Aesthetic packaging along-with the tamper evidence security is gaining attraction, which is expected to boost the demand for tear-tab lids in the global lids market. However, decreasing plastic consumption due to single use plastic ban is anticipated to reduce the tear-tab lids market growth. The manufacturers in the packaging industry are providing tear-tab lids made up of various materials which primarily includes high density polyethylene. The tear-tab lids market is anticipated to expand during the forecast period, as per the increasing beverage consumption. Manufacturing sector growth is also expected to impact the growth of tear-tab lids in an indirect way, wherein, growth of protective packaging is triggering the market growth. Flexible spout tear-tab lids for big containers provide easy opening, also, they are strong & durable. Food & beverage industry growth is anticipated to drive the consumption of tear-tab lids in the market during the forecast period. Tear-tab lids market is anticipated to expand with a moderate CAGR during the forecast period, owing to change in manufacturer’s preference regarding plastic usage.

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Global Tear-tab Lids Market – Key Players:

Some of the leading manufacturers in the tear-tab lids market are Essentra Pty Ltd., Aaron Packaging Inc., Letica Corporation, etc.

Key manufacturers are offering resealable tear-tab lids with a snug and secure fit design, which is expected to impact the brand owner’s choice during mass purchase. Some of the manufacturers are offering tear-tab lids with the Styrene-Butadiene Rubber gaskets which helps preserving the contents inside the packaging.

Global Tear-tab Lids Market – Regional Outlook:

Increasing consumption of soft drinks, energy drinks, as well as carbonated drinks is expected to create demand for tear-tab lids. The rise in beverage consumption will boost the growth of tear-tab lids in the North America during the forecast period. In Europe, the decrement in usage of disposable plastic products is expected to reduce the demand for tear-tab lids. However, sustainable product offerings such as bio-based plastic lids and recyclable plastic lids may gear up the growth of tear-tab lids market in the upcoming years. In European countries such as Germany, Belgium, and United Kingdom, ban on single use plastic products may affect the tear-tab lids market growth during the forecast period. Due to increasing urbanization and demand for secure & sustainable packaging in Emerging regions including India, Mexico & China, tear-tab lids market to gain attraction in the near future. East Asia to create higher incremental opportunity than Latin America in terms of beverage packaging market growth during the forecast period.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with tear-tab lids market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes –

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

Unique Requirements? Customize this Report

  • Customize by Region, Country, Application, Product, & other segments
  • Integrate our Insights with your Existing Data
  • Determine the scope of the study to suit your requirements

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Global Tear-tab Lids Market – Segmentation:

On the basis of material type, the global tear-tab lids market has been segmented as

  • Polyethylene (PE)
    • High Density Polyethylene (HDPE)
    • Low Density Polyethylene (LDPE)
    • Medium Density Polyethylene (MDPE)
    • Linear Low Density Polyethylene (LLDPE)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Others

On the basis of sales channel, the global tear-tab lids market has been segmented as

  • Retail
  • E-commerce
  • Wholesale

On the basis of application, the global tear-tab lids market has been segmented as

  • Cups
  • Bottles
  • Buckets
  • Drums & Pails
  • Other Containers

Report Highlights:

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