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Demand for digital printing in packaging was estimated to be valued at over US$ 11 Bn by 2016, and a new report by Future Market Insights estimates it to grow at 15.3% to surpass US$ 52 Bn in revenues by 2027.

Future Market Insights, in its report, offers market forecast and analysis on the basis of region, technology type, product type, and end-use.

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Key Drivers

According to the report, the key factors fuelling demand for digital printing in packaging include growing preference for conventional/analogue plates and their application in printing jobs of shorter run lengths.

Adoption of digital printing in packaging is also growing on account of its convenience over conventional presses. Digital printing allows packaging companies to reduce turnaround time, and this is a prime reason fuelling demand for digital printing.

Shifting preference from conventional printing to variable data printing and personalised printing. Leading packaging companies are adopting variable data printing owing to its use in direct marketing. Future Market Insights projects these trends to positively influence the digital printing in packaging market.

While Future Market Insights maintains a positive outlook on the global digital printing in packaging market, it is of the opinion that high variable costs and limited opportunities in indirect sales channels can impede widespread adoption.

Food Largest End-user

The food sector remains the largest end-user of digital printing in packaging. According to Future Market Insights, demand for digital printing in packaging was pegged at over US$ 4.5 Bn by 2016. This is expected to increase at a CAGR of 16.6% during the forecast period 2016-2026.

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APEJ to Outpace North America to Become the Largest Market

North America, APEJ, and Western Europe are the three largest markets for digital printing in packaging. Currently, North America leads globally in terms of revenues; however, owing to robust adoption of digital printing in APEJ, it will be relegated to second position by the end of 2026. APEJ will outpace North America to become the largest market, increasing its revenue share from 28% by 2016 to 40.7% by 2026-end.

Competitive Landscape Profiling

Leading players profiled by Future Market Insights in its report include Quad/Graphics Inc., Tailored Label Products Inc., Creative Labels Inc., Reynders Label Printing, DS Smith Plc, THIMM Group GmbH + Co. KG, Traco Manufacturing Inc., WS Packaging Group Inc., Elanders AB, and Colordruck Baiersbronn W. Mack GmbH & Co. KG.

Key Segment

By Print Technology Type:

• Liquid Toner Electrophotography Printing
• Nano-graphic Printing
• Inkjet Technology
• Others (Dye tonner)

By Product Type:

• Labels
• Flexible Packaging
  • Films & Wrap
  • Bags & Sacks
  • Pouches & Sachets
• Corrugated Packaging
• Folding Cartons
• Bottles & Jars
• Metal Cans
• Others

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By End Use:

• Food
• Beverage
• Alcoholic
• Non-Alcoholic
• Pharmaceutical
• Personal care & cosmetics
• Electronic comp.
• Chemicals
• Other (Automotive, etc)

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Future Market Insights (FMI) delivers key insights on the global industrial paper sacks market in its published report, titled “Global Industrial Paper Sacks Market: Global Industry Analysis 2018-2022 and Opportunity Assessment 2022-2028.” Globally, the revenue generated from the sales of industrial paper sacks is estimated to be around US$ 6.3 Bn in 2022 and is projected to expand at a CAGR of 5.1%, during the forecast period 2022-2028. This can be attributed to numerous factors, about which Future Market Insights offers thorough insights and forecast in this report.

Industrial paper sacks are made up of bleached or unbleached paper and are usually used for packaging powdered products such as cement, flour, animal feed, coffee, and more. These industrial paper sacks find applications in a variety of end-use industries such as building & construction, food, chemicals, agriculture & allied industries, and other industries. Industrial paper sacks can protect and carry products having weight up to 50 Kilograms and offer printing area on their surface for branding and promotion of the product. Industrial paper sacks are manufactured using multiple layers of paper and can be coated with layers of plastic films to provide a barrier against moisture and gas. This aids in enhancing the shelf life of the packaged products.

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Industrial Paper Sacks Market: FMI Key Findings

• Among the various product types, the pinched-bottom open mouth segment in the industrial paper sacks segment is witnessing higher growth and is projected to have a positive outlook during the forecast period. This is the most commonly used type of industrial paper sacks for the packaging of building materials such as cement.
• The demand for building materials has increased significantly in recent years. This can be attributed to fast-paced urbanization and high growth in the industrial sector. Multinational companies are setting up manufacturing facilities in developing countries such as India, China, Brazil, and Thailand. This is anticipated to create enormous opportunities for the cement manufacturers in these countries. The tremendous increase in cement production will translate in high demand for industrial paper sacks. The demand for industrial paper sacks is expected to outgrow the demand for plastic sacks due to the growing concerns over the use of plastic globally.
• Manufacturers of industrial paper sacks are focusing on enhancing the visual appeal of the sacks. Plastic coatings are used on the outside of these industrial paper sacks to increase the printing finish and ensure that the sacks remain intact during the filling process. Industrial paper sacks can be used for a wide array of products and are available in different sizes and features such as valve, pinch-bottom, SOS sacks, or open mouth.

Emerging Economies Expected to Fuel Demand for Industrial Paper Sacks

The Asia Pacific (excluding India) region has shown impressive growth in the production and consumption of industrial paper sacks, such that it towers over rest of the countries in Europe. The Chinese industrial paper sacks market currently accounts for more than 50% of the Asia Pacific (excluding India) industrial paper sacks consumption alone. North America’s industrial paper sacks market, owing to the increase in demand from the building & construction industry is expected to continue the momentum of growth during the forecast period. The manufacturers of industrial paper sacks are expected to eye the Asia Pacific region for potential business expansion. Therefore, the outlook for the global industrial paper sacks market is expected to be positive during the forecast period.

Industrial Paper Sacks Market: Key Players

The key players in the global industrial paper sacks market are Mondi Group plc, Smurfit Kappa Group Plc, Klabin SA, WestRock Company, BillerudKorsnäs AB, Gascogne SA, LC Packaging International BV, Simpac Ltd., Edna Group, Essentra Plc., Rosenflex UK Ltd, Novolex Holdings, Inc., Bischof & Klein GmbH & Co. KG, Industrial Development Company sal (Indevco), Segezha Group, Rengo Co., Ltd, Conitex Sonoco Inc., and Forum Packaging Ltd. among others. Many local and unorganized players are expected to contribute to the global industrial paper sacks market during the forecast period.

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Industrial Paper Sacks Market by Category

By Product Type:

• Sewn Open Mouth
• Pinched Bottom Open Mouth
• Valve Sacks
• Open Mouth Sacks

By Grade:

• Unbleached
• Bleached

By Thickness:

• 1 ply
• 2 ply
• 3 ply
• >3 ply

By End Use:

• Building & Construction
  • Mortar
  • Cement
  • Concrete
• Chemicals
• Agriculture & Allied Industries
  • Crops
  • Flour
  • Coffee/Tea
  • Fruits & Veg
  • Seeds
  • Animal Feed
  • Others
• Food
  • Sugar
  • Salt
  • Cacao
  • Starch
  • Others
• Other Industrial

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-8176

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• Middle East and Africa (MEA)
• India

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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The volatile corrosion inhibitors packaging market is esteemed at USD 778 Million out of 2022 and is supposed to arrive at USD 1,175 Million by 2029, at a CAGR of 6.1% from 2022 to 2029.

According to the new exploration investigation of Future Market Insights (FMI), the worldwide deals of VCI packaging was esteemed at ~US$ 600 Mn in 2018. As indicated by the report, the worldwide VCI packaging market is projected to extend at a CAGR of ~6% during the gauge time frame. As indicated by FMI’s report, the rising commodity of essential metal and items from arising economies is offering energy to the worldwide VCI packaging market.

The developing requirement for effective and got metal packaging arrangements is supposed to be an essential element for the development of the market. Makers of VCI packaging are getting the notice of end clients by offering new planned VCI packaging items, which are profoundly reasonable for explicit applications.

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“To satisfy consumers’ demand, manufacturers are adopting the strategy of product development, customer support & expansion. The packaging industry leaders across the globe are expanding product portfolio based on VCI packaging. The Mondi Group is also focusing on developing VCI packaging solutions to take benefits from the growing demand. The increasing demand for eco-friendly & sustainable VCI packaging is attributed to be beneficial for the paper packaging industry leaders to enter the market.” 

VCI packs are supposed to observe an expanded in market share attributable to enormous volume sacks presented by producers. The fast reception of VCI sacks by metal parts and parts makers is an essential element for the rising interest for VCI packs in the market. Makers are adding new sorts and configurations in the VCI packaging item portfolio by understanding the end clients’ need. The VCI paper is ascribed to be the best option in the satisfaction of economical and minimal expense packaging items.

The VCI paper is supposed to extend at a greatest CAGR while VCI film is projected to observe slow development during 2019-2029. The VCI packaging item development in the worldwide market intently relies on the rising requirement for packaging of various metal items and current and future packaging items accessible in the market. For example, VCI film was exceptionally utilized for packaging before, as would be considered normal to a gradually supplanted by VCI paper and bio-based VCI items later on.

Investment of Emerging Economies in Manufacturing Sectors 

The VCI packaging market is highly based on industries where metal parts and components are mostly used. Globally, the VCI packaging market is likely to grow due to demand from the primary metal & metal works industries. Owing to the adoption of VCI liquids and powders, the automotive industry is expected to witness a sluggish growth in the future.

The aerospace & components industries are projected to increase the consumption of VCI packaging during the forecast period. The emerging countries are boosting the demand for VCI packaging by investing in the aerospace, metal, and electrical & electronics industries. Other processing industry are also shifting towards VCI liquid and powder to protect metal products & components due to new easy techniques for removal & applicators.

FMI’s also highlights noteworthy insights into the competitive scenario of the VCI packaging market along with the key player’s main strategies. Key players in the VCI packaging market are engaging in product developments and introductions in new markets. For instance, in June 2019, the leading VCI packaging manufacturer, Cortec Corporation, launched biodegradable VCI packaging film (EcoCorr® Film), which provides contact, barrier, and vapor corrosion inhibition. In May 2019, the company also developed bioplastics and anticorrosion films plant in Baranja, Croatia.

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Competitive Landscape

Companies operating in the volatile corrosion inhibitors packaging market are aiming at expansions and strategic partnerships with other manufacturers to expand their product manufacturing capabilities, product portfolio and global presence.

• In May 2021, Northern Technologies International Corp. business unit launched Natur-VCI a biodegradable and compostable vapor corrosion inhibitor film which is manufactured to shield both types of metals which showcase ferrous and non-ferrous properties during shipment and short-term storage.
• On June 2019, Cortec Corp. launched EcoCorr® Film, which is a biodegradable, compostable VCI packaging film that provides contact, barrier, and vapor corrosion inhibition.
• In April 2019, Daubert Cromwell Inc. introduced environmental-friendly Clear Pak brand VCI films with Clear Pak 5000 to protect steel, aluminum, and copper.

Volatile Corrosion Inhibitors Packaging Market by Categor

By Product:

• VCI Paper
• VCI Film
  • Stretch
  • Shrink
  • Sheet
• VCI Bags
  • Flat
  • Gusseted
  • Zipper
• Foam
• Others

By Material:

• Paper
• Polyethylene
• Others

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https://www.futuremarketinsights.com/ask-question/rep-gb-9166

Frequently Asked Questions

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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:
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

Increase in waste generation in wake of urbanization has created the utmost need for garbage bags. Rising demand for waste disposal right from households to commercial places is anticipated to boost the growth of garbage bags market in the years to come. The global garbage bags market is expected to witness a mound of growth at a CAGR of 5.8% between 2022 and 2031, reaching US$ 13.6 Bn.

As per the data by worldbank.org, the world generates 2.01 billion tons of municipal solid waste per annum, out of which 33% of waste is not managed in an environmentally safe manner. Waste generated per person every day is averaged at 0.7 kilogram but ranges from 0.1 to 4.5 kilograms every day.

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Poorly managed waste is leading to landslides of waste dumps and is contaminating world’s ocean and land leading to clogged drains and flooding. Moreover, improper waste disposal is a threatening concern for human health as it transmits diseases and increases respiratory problems. These concerns have made hygiene practices such as proper disposal of waste increasingly crucial.

Besides this, expansion of service sector will continue aiding the expansion of the market. FMI has forecast the services segment to account for nearly 1/4th of the market by the end of 2031.

Key Takeaways of Garbage Bags Market Study

• Recovery will be slow and steady as garbage bags market expected to register 0.1% Y-o-Y growth in 2021
• Initiatives undertaken to encourage proper waste disposable will enable the U.S. account for nearly 85% of sales in North America in 2021
• Post COVID-19, growth in U.K. is likely to be hampered as the market is forecast to register negative Y-o-Y growth in 2021
• Negative growth is expected to persist in Germany in 2021, while France will showcase positive rise in the demand for garbage bags
• Despite sluggish growth in 2020-2021, Japan and South Korea markets are expected to bounce back, exhibiting impressive rise in sales 2022 onwards

“With focus on sustainability rising, most companies are expected to shift away from plastic to eco-friendlier materials. An increasing number of companies are likely to offer recyclable solutions to keep pace with changes in consumer behaviour and preference” says an FMI analyst.

Automation in Waste Disposal to Create Lucrative Opportunity

Handling trash cans can be a tedious task, but with the click of a button innovation has made it easy and convenient. For instance, Knectek Labs, a Toronto-based tech company has launched a trash can called Townew. This innovative product seals and replaces its own garbage bags once full to prevent spillage and mess. Moreover, it has sensors which can sense approaching objects which prevent touching the trash can at all.

Customer inclination towards automated products and increasing preference for smart homes have led to increasing demand for innovative products. These innovative trash cans require customized garbage bags such as refills, which are manufactured in accordance with the dimensions of the product and material compatible with the product. This will create opportunity for the garbage bag manufacturers to make products compatible with automatic solutions.

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Impact of COVID-19 on Garbage Bags Market

Cleanliness and hygiene were given high importance during the pandemic. The need for proper disposal of napkins, tissues, waste generated by the ones infected with the virus increased the demand for garbage bags to reduce the exposure or spread of the virus. The risks associated with improper disposal of laundry, gowns, gloves or masks propelled the demand for garbage bags. Care givers, front line workers or patients required to tightly secure the garbage bags due to the risk of transmission of COVID 19. Further, the need to have different segregation of the waste for the ones infected with the virus increased the demand for garbage bags.

Garbage Bags Market Landscape

• Terdex GmbH,
• Novplasta, S.R.O,
• Extrapack Ltd.,
• Dagoplast AS,
• International Plastic, Inc.,
• MirPack TM,
• Pack-It BV,
• Achaika Plastic S.A,
• Plasta.It and
• Primax D.o.o.

are prominent players in the garbage bags market. The garbage bags market is fragmented and the Tier 1 players in the market hold 15–20% share in the global garbage bags market.

Key Segments Covered in Garbage Bags Industry Research

Garbage Bags Market By Material Type

• Polyethylene
• Polypropylene (PP)
• Others

Garbage Bags Market By Capacity

• EPS
• PUR
• VIP
• PCM
• Others

Garbage Bags Market By Temperature Range

• Up to 30 Litres
• 30-90 Litres
• 90-150 Litres
• Above 150 Litres

Garbage Bags Market By Sales Channel

• Direct Sales (Manufacturers)
• Distributors/Wholesalers

Garbage Bags Market By End-Use

• Services
• Healthcare
• Industrial Product & Construction
• Retail
• Hospitality
• Civil Government
• Defense
• Transportation

Garbage Bags Market By Region

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

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Frequently Asked Questions

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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:
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

Market Overview

A shrink sleeve is a full-body label it is around the entire body of a container which offers a 360-degree branding and messaging around the product. Among all packaging companies over the globe, shrink sleeve labels are the latest and gaining popularity among electron beam ink printing, and adhesive labelling. Shrink sleeve is the fastest emerging labels category in the packaging industry, gaining new markets and reaching new customers every minute globally. Packagers nowadays searching for an aesthetically designed label over the traditional pressure-sensitive labels which are now outdated and market leaders in search of being updated with the market trends find out these shrink sleeve labels as a best-suited option.

Shrink sleeve labeling equipment allows more flexibility and making the product to stand out from the different products of the competitor. The overall market of shrink sleeve labeling equipment is growing and more companies are choosing the latest technology over other equipment which are not viable with current consumer needs and preferences. In today’s world to beat the cut-throat competition in almost all the industries companies finds shrink sleeve labeling equipment to provide a competitive edge at least in the packaging of the product.

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What will be the benefits to the company if they choose shrink sleeve labeling equipment?

The most profitable advantage for the companies by using shrink sleeve labeling machines is that, it eliminates the use of printing plates that were otherwise required for other labeling machines. Also, the printing done by shrink sleeve labeling equipment is totally digital and print quality is very premium covering all the requirements and preferences of a modern-day consumer. All the growing sectors such as the food & beverages and pharmaceutical industry are partially or fully adapting to shrink sleeve labeling equipment. Modern-day organizations are more focused on time-saving production and packaging solutions, shrink sleeve labeling equipment saves a lot of time of an organization that could be utilized more productively in the whole packaging & labeling process.

Which factors are driving the shrink sleeve labeling equipment market?

The food & beverages sector dominate the global market over recent years, and over the next decade also the sector is forecasted to grow at a dominant rate. That creates a positive impact on demand and usage of shrink sleeve packaging equipment and makes this market even more lucrative for manufacturers of the equipment used for shrink sleeve type of labeling. The cost-efficiency along with time-saving provided by shrink sleeve type of labeling makes it useful for almost all types of products for the food & beverages industry.

Also, the benefits while transporting and storage of products labeled with shrink sleeve type have earned a worldwide acceptance of all the products with such labels. More new market entrants are forecasted in the shrink sleeve equipment manufacturing industry as the demand for is skyrocketing from most growing sectors of the globe. Many packaging equipment manufacturing companies are starting to manufacture shrink sleeve labeling equipment as demand for more hygienic packaging equipment is need of the current consumers.

How shrink sleeve labeling equipment is affecting the global packaging industry?

Convenient labeling with flexibility and capability is driving the growth of the packaging industry, adding to the unique features of shrink sleeve labeling equipment is the tamper-evident packaging making it the most ideal and robust packaging for all the product types. Along with that shrink sleeve labeling equipment comes with wide capabilities of full coverage of color & design, abrasion-proof with 360-degree appearance. Most important of all the shrink sleeve labeling provides moisture-proof labeling of all the products labeled using it. Also, the product is protected from UV rays once it is labeled using shrink sleeve labeling equipment.

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What makes shrink sleeve labeling equipment different from other equipment?

The only competition in the labeling industry is the continuous demand for the products having high preference are likely to rule the industry. Labeling on the products holds an important place in consumer’s buying decision of that product, consumers tend to buy a product that has more attractive labeling other than that has unattractive labeling on the product. A vibrant packaging cover with an attractive labeling can attract too many customers towards a brand, providing an edge over its competitor.

Asia-Pacific has evolved significantly in the shrink sleeve labeling equipment market. The highest growing economies such as China, India, and Japan have recorded the highest market growth for the shrink sleeve labeling equipment. These countries are currently witnessing staggering growth in the demand for packaged foods, easy availability of polymer films, and lower labor costs making these markets a lucrative market for shrink sleeve labeling equipment.

What factors can hamper the growth of the shrink sleeve labeling equipment market?

High environmental issues rising and grabbing consumers’ attention towards rising global warming is the major factor that may hamper the progress of shrink sleeve labeling equipment market. Companies are focused on achieving sustainability goals by including environmentally friendly products and processes for their whole processes till the product reaches the end consumer, so awareness about the fact that shrink sleeve labeling equipment is not that much environmentally friendly could turn out to be a negative factor. It may badly hamper the future growth trends of demand as people may find more sustainable labeling solutions, and this also comes as a risk for the shrink sleeve labeling equipment market.

Key market players:-

• SACMI
• Sidel
• Pro Mach
• Herma
• KHS
• Novex solutions
• Etiquette
• Pack leader
• Marchesini Group
• Accutek
• Tophet
• Logopak
• Label-Aire
• Barry-wehmiller
• Maharshi group
• Bausch+Strbel
• Sleever International
• Tech-Long
• Quadrel Labeling systems
• Videojet
• Sinclair International
• Heuft systemtechlink

Key regions covered:-

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

How innovative technologies are used for market penetration?

The upcoming decade has prospects of growth by cutting-edge technological advancements are widening their way towards expansion, rising demands of minimum downtime and maximum production are paving their way in almost all the industries. Such, fast demands and consumer needs have prompted packaging giants to move towards digital printing solutions for labeling the products.

Technological advancements in the field of shrink sleeve labeling equipment are flexible and efficient to cope up with the rising demand for fast production and packaging of the goods. Along with that, it provides piracy-proof packaging eliminating the risk of forgery of the products, which solves the major problem of duplicate products in the same market.

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What was the impact of covid-19 on the shrink sleeve labeling equipment market?

In the whole pandemic period, the growth in demand of food & beverages has been significant from past years, growth in demand resulted as a positive factor for the overall market of shrink sleeve labeling market. Also, the biggest producers of pharmaceutical products were recording the positive growth in the pandemic, which also demanded large-scale production for safety equipment, and generic drugs it contributed as a direct demand driver for the shrink sleeve labeling equipment.

More and more companies eyeing towards large-scale production after the lockdown in all major developed countries were over, people were showing buying preferences like stocking up basic foods and necessary medicines with all the bulk-buying of consumer goods. The rising demand in almost all the regions of packaged and frozen foods invited new players in the food & beverages industry that resulted ultimately in increased demand for the latest packaging and labeling technologies as shrink sleeve labeling equipment. As new companies will find shrink sleeve labeling equipment cost-effective and can provide more production in lesser time are all positive trends are going to keep the market growth for the next decade.

Segmentation of shrink sleeve labeling equipment:-

Segmented by Machine Type:

• Vertical shrink sleeve labeling system
• Horizontal shrink sleeve labeling system
• Self-adhesive labelers

Segmented by End Use:

• Pharmaceutical
• Food & beverages
• Cosmetics & personal care
• Automotive
• Construction
• Chemical & fertilizers

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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:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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The robotic palletizers and de-palletizers market have been have been consistently expanding since the past decade and is expected to sustain the growth in the upcoming years. Due to increasing inclination towards e-commerce shopping and doorstep deliveries, packaging manufacturers or warehousing companies have come across ample opportunities to grow globally.

The e-commerce industry has significantly evolved in the last few years as an increasing number of consumers are favoring new ways of shopping. With their changing preferences, consumers have become more inclined towards online shopping and doorstep delivery. As a result the packaging manufacturers or handlers have come across huge opportunities to grow across the countries.

The ecommerce industry has been exhibiting increasing demand for single-SKU pallets typically used for retail and warehouse fulfilment, which results in smaller cases and pallet sizes. Palletizers need to operate at a faster rate to operate smaller loads instead of larger loads.

Robotic palletizer and de-palletizer manufacturers are looking for in-built flexibility that can help users avoid additional reprogramming costs for their robotic palletizers down the line. Future Market Insights predicts that, the demand of robotic palletizers & de-palletizers is likely to surge considerably, pushing the market to reach a valuation of over US$ 2.4 Bn by 2022.

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As the global robotic palletizers and de-palletizers market is to offer increase in opportunities for various market players, the top players like Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, FANUC Corporation, Kawasaki Heavy Industries, Ltd. And others are continuously assessing and adopting new technologies in order to cater to the growth in demand among the global end-users.

Some of the dominant competitors in the global palletizers and de-palletizers market-

• ABB Ltd.,
• Kawasaki Heavy Industries, Ltd. and
• FANUC Corporation
• Mitsubishi Electric Corporation,
• Yaskawa Electric Corporation,
• KUKA AG & Krones AG

KEY SEGMENTS

Product Type

• Boxes/Cases
• Bags/Sacks
• Bundles
• Others (Pails, Drums, Trays etc.)

By Place

• Factories
• Distribution Centers (DCs)
• Fulfilment Centers (FCs)
• Others

By Machine Type

• Articulated Robots
• Collaborative Robots

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Some of the key takeaways from the report are:

• By product type, boxes/cases segment (palletizers and de-palletizers) is likely to witness surging demand especially in the industrial packaging sector
• In terms of place, factories have emerged dominant and is expected to continue leading the market through the forecast period between 2020 and 2030
• Articulated robots have emerged dominant among machine types and is forecast to reach a market valuation of US$ 1.6 Bn by the end of 2025
• Accounting for nearly one-third of the global market share, food and beverages industry has emerged as the leading end user
• South and East Asia together are forecast to emerge as the largest market for robotic palletizers and de-palletizers.

“Leading market players are focusing on expanding their production capacities and geographic presence. With leading industries showing inclination towards adoption of more atomized packaging systems, market players are likelier to focus on innovations,” says FMI analyst.

RISING DEMAND ARTICULATED ROBOTIC PALLETIZERS & DE-PALLETIZERS

Articulated robotic palletizers take up very tittle space, making it hugely demanded among end users. In contrast, traditional palletizers & de-palletizers require larger space and hence less preferred among manufacturing or warehousing units.

Some of the leading companies such as KUKA AG, FANUC Corporation, ABB Ltd and others are adopting new technologies and procedure in order to improve the operating rate and load handling capability so that these improved machines can be applicable in the places traditional palletizers are preferred for their heavy load handling potential and higher speed.

COVID-19 IMPACTS ON ROBOTIC PALLETIZERS & DE-PALLETIZERS MARKET

Due to the COVID-19 pandemic, e-commerce sectors are experiencing significant sales growth in the current year (2020). As online shopping has become more popular among the consumers due to the social distancing and other norms, the demand of automated palletizers market is likely to grow in inventory management segment.

In order to fulfil huge demand for robotic palletizers and de-palletizers, manufacturers have been accelerating their production procedure. In order to increase production and minimize the constraints related to labors, robotic palletizers and de-palletizers are adopting modern technologies to sustain in the global market.

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Frequently Asked Questions

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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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This Blow Fill Seal (BFS) technology Market Report provides information on market definition, classifications, applications, and engagements to help determine how the market will perform in the coming years. Market segmentation is also discussed in depth, taking into account a number of factors that will undoubtedly benefit firms. A multilingual team of analysts and project managers can assist clients with every strategic component of their business, including product development, major development areas, application modelling, technology utilisation, acquisition strategies, niche growth prospects, and new markets.

Between 2022 and 2031, the global blow fill seal technology market is expected to develop at a 9 percent compound annual growth rate (CAGR). By 2031, it is predicted to have grown to US$ 6.2 billion.

The global blow fill seal technology market is bound to grow on a vigorous note between 2022 and 2031 at a CAGR of 9%. It is expected to reach US$ 6.2 Bnby the year 2031.

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Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. Overall growth forecast remains positive for the market, especially as demand for effective packaging technology continues to rise across various industries.

By using BFS technology, the plastic is blown, filled with the formulated product and sealed inside the machine continuously without any kind of external contamination. It is a fast, precise, and safe method for pharmaceutical filling and it uses lesser energy. The material used is often recyclable and more durable than glass. The machine is capable of producing different shapes according to the end user’s requirements. As BFS technology increases processing speed and supports contamination free packaging, this technology becomes a first choice of many end users.

The BFS technology finds application across diverse industries. However, pharmaceutical industry remains its key end user. Main products produced using this technology are the bottles, ampoules, vials and pre-filled syringes, etc. which are used in filling of medicines, vaccines, ophthalmic, respiratory, injectable drugs, wound care, and biologics. Apart from this, BFS technology has applications in food & beverage, cosmetic and personal care, and many other industries.

Key Takeaways of Blow Fill Seal Technology Market Study

• The BFS technology market is to exhibit 5.4% Y-o-Y growth in 2021
• The U.S. will emerge as a highly lucrative destination, accounting for over 84% of the North America market
• The U.K. is set to exhibit 8% Y-o-Y growth in 2021
• France and Germany will emerge as highly lucrative markets for BFS technology in Europe
• Japan and South Korea will continue exhibiting high demand

“Blow fill seal technology has been witnessing high demand from pharmaceutical companies in Latin America and Asia Pacific. Unit dosage packaging, such as prefilled syringes are in high demand, which in turn is spurring the demand for blow fill seal technology in these regions” says an FMI analyst.

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Blow Fill Seal Technology Aids in Curbing Medical Non Adherence Issues

Over the past two decades, medical adherence has created a very critical situation for healthcare & pharmaceutical industry.

For instance: in USA, according to FMI study, it has been noticed that ~40%-50% of prescribed medications are not taken by the patients appropriately. Along with this, according to a study conducted by the Intercontinental Medical Statistics (IMS) health, it has been noticed that the matter of not taking medicine appropriately at right time is costing patients more than $200 Bn.

To contain the issue, the pharmaceutical industry is continually making efforts for improving medication packaging. The industry is focusing on appropriate and easy packaging for ensuring the matter of “right dose at right time”.

Against this backdrop, the demand for technologies that can instruct the patients to take accurate dose in a timely manner is rising. Companies, especially in North America are adopting blow fill seal technology to help to ensure better drug intake in a single dose.

Blow Fill Seal Technology Market Landscape —Unither Pharmaceuticals SAS, Catalent, Inc., Curida AS, Unipharma LLC, Weiler Engineering Inc, GlaxoSmithKline plc, Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceutical Inc, Brevetti Angela S.R.L, Recipharm AB, Laboratorios SALVAT, S.A, The Ritedose Corporation, Unicep Packaging, LLC, Pharmapack Co. Ltd, Amanta Healthcare Ltd., Automatic Liquid Packaging Solutions LLC, Asept Pak, Inc and SIFI Spa are some of the keyplayers in the blow fill seal technology market. The blow fill seal technology market is fragmented and the Tier 1 players in the market hold 40-45% share in the global blow fill seal technology market.

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Blow Fill Seal Technology Market by Category

By Product Type:

• Bottles
  • 0.2-100 ml
  • 100-500 ml
  • Above 500 ml
• Ampules
  • 0.1-10 ml
  • 10-100 ml
• Vials
  • 0.1-10 ml
  • 10-50 ml
• Others(prefilled syringes & Injectables)

By Material Type:

• PE
  • LDPE
  • HDPE
• PP
• Others

By End Use:

• Pharmaceuticals
  • Ophthalmic
  • Injectables
  • Biologics
  • Wound Care
  • Respiratory
• Food & Beverage
• Cosmetics & Personal Care
• Others

By Region:

• North America
• Latin America
• Asia Pacific Excluding Japan
• Eastern Europe
• Western Europe
• Japan
• Middle East and Africa (MEA)

Frequently Asked Questions

What is the study period of this market?
What is the growth rate of Blow Fill Seal (BFS) Technology Market?
Which region has highest growth rate in Blow Fill Seal (BFS) Technology Market?
Which region has largest share in Blow Fill Seal (BFS) Technology Market?
Who are the key players in Blow Fill Seal (BFS) Technology Market?

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

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Heparin-Induced Thrombocytopenia (HIT) is an immune-mediated life-threatening complication. It is an adverse drug reaction caused by the generation of antibodies that activates platelet factor 4(PF-4) in the presence of heparin.

Heparin-Induced Thrombocytopenia (HIT) can lead to many thromboembolic complications, such as acute myocardial infarction, pulmonary embolism, deep venous thrombosis, thrombotic stroke and pulmonary embolism.

A number of laboratory tests like Enzyme-Linked Immunosorbent Assay (ELISA), Serotonin Release Assay (SRA), Enzyme Immunoassay (EIA), Heparin-Induced Platelet Activation (HIPA) Tests are now available to confirm the diagnosis of Heparin-induced thrombocytopenia (HIT) treatment. Heparin-Induced Thrombocytopenia (HIT) treatment can be mediated by three alternative anticoagulants. These include Lepirudin, Danaparoid and Argatroban.

These antithrombotic drugs are immediately active and are direct inhibitors of thrombin. They also inhibit thrombin generation and are routinely monitored. These drugs are monitored with ecarin the clotting time (ECT) for lepirudin, the activated clotting time (ACT) for argatroban, or anti?Xa assays for danaparoid.

However, consideration should be given towards the safety and efficacy of the alternative anticoagulant drug for the heparin-induced thrombocytopenia (HIT) treatment. The patient’s clinical status including renal and hepatic function, likely risks and benefits should be monitored during the heparin-induced thrombocytopenia (HIT) treatment.

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Heparin-Induced Thrombocytopenia (HIT) Treatment: Drivers and Restraints

Increase administration of various forms of heparin, an anticoagulant for the treatment of cardiovascular and orthopaedic surgery and invasive procedures increase the chances of heparin-induced thrombocytopenia, which drives the heparin-induced thrombocytopenia (HIT) market.

Heparin is widely being used in acute coronary syndromes, atrial fibrillation, venous thromboembolism, dialysis, peripheral occlusive disease, and during extracorporeal circulation which increase the chances of heparin-induced thrombocytopenia (HIT) and drives the market of heparin-induced thrombocytopenia (HIT) treatment.

About 12 million hospitalized patients in the USA, around one third in a year, are receiving heparin, which is expected to drive the heparin-induced thrombocytopenia (HIT) treatment market. However, due to the various complications of heparin-induced thrombocytopenia (HIT) treatment and side effects of the available drugs expected to restraints the heparin-induced thrombocytopenia (HIT) treatment market.

Heparin-Induced Thrombocytopenia (HIT) Treatment: Overview

The growth of heparin-induced thrombocytopenia (HIT) treatment market is expected to be high during forecasting periods due to the life-threatening complication of the disease. Increasing administration of heparin develops the possibilities of life-threatening heparin-induced thrombocytopenia (HIT), which will drive the heparin-induced thrombocytopenia (HIT) treatment market.

However, due to the less availability of sophisticated drugs and therapies, there is a huge opportunity among the key market players for the development of novel drug and therapies for the heparin-induced thrombocytopenia (HIT) treatment during the near forecasting periods

Heparin-Induced Thrombocytopenia (HIT) Treatment Market: Region-wise Outlook

U.S. is expected as the largest regional market share in the heparin-induced thrombocytopenia (HIT) treatment market owing to high patient awareness levels, the presence of more number of market players, increasing awareness about heparin-induced thrombocytopenia (HIT) treatment and marketing activities in the region followed by Europe.

The heparin-induced thrombocytopenia (HIT) treatment market is expected to grow fastest in the Asia Pacific may because of the increasing prevalence of cardiovascular and acute coronary syndromes, thus boosting the market growth.

However, in the South Asian countries such as India and China, the opportunities to manufacture and distribute new heparin-induced thrombocytopenia (HIT) treatment drugs is expected to be higher due to large population and increasing incidence of heparin-induced thrombocytopenia during forecasting periods.

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Heparin-Induced Thrombocytopenia (HIT) Treatment Market: Key Market Participants

Key players of heparin-induced thrombocytopenia (HIT) treatment market includes Pfizer Inc., Alleviare Life Sciences Pvt. Ltd., ANDOZ, GlaxoSmithKline Plc., Eagle Pharmaceuticals Inc. Teva Pharmaceutical Industries Ltd., WEST-WARD, INC among others.

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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