Aluminum Extrusions Market : Value Chain, Stakeholder Analysis and Trends by 2029

Expanding at a CAGR of 4.4%, the global aluminum extrusions market is projected to increase from a valuation of US$ 121.1 Bn in 2022 to US$ 163.3 Bn by 2029.

Over 2022-2029, the global aluminum extrusions market revenue is anticipated to grow at a CAGR of 4.4%, according to the report of Future Market Insights (FMI). Curtain walls and door & window profiles will remain the highest selling product category, whereas building & construction industry is likely to remain top consumer industry in aluminum extrusions market.

The performance of the aluminum extrusions market in a region is observed to be closely associated with the GDP per capita of the geography. The increasing economy of a country leads to the development of a nation, urbanization, and results into the rise in demand for infrastructure along with demand for vehicles. As building & construction and automotive industries are two of the prominent end-user industries for aluminum extrusions, the GDP of a geography has a strong impact on the aluminum extrusions market.

Although considerably high consumption of aluminum extrusions prevails in the automotive industry, specifically within developed regional markets, it will be more prominent in the building and construction industry, according to FMI’s analysis.

China’s Primacy in Aluminum Extrusions Market to Persist through the Next Decade

China, the leading market for aluminum extrusions, registers over 60% of the total market value share. Furthermore, China accounts for more than a quarter of the world’s manufacturing output and the manufacturing sector in the country is rising at a significant pace.

China currently accounts for nearly 30% of the global motor vehicle production in 2021. The automotive industry that has been a prominent end-use vertical of aluminum extrusions will continue to thrive at a high pace – propelling demand for aluminum extrusions further, in coming years.

Despite the huge production capacity of aluminum extrusions installed in the country, China is the largest importer in the world to suffice its ever-increasing domestic demand. Strong manufacturing capabilities of China and the further increasing GDP of the country have propelled the aluminum extrusions market within the country in recent past.

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Key Segments of Aluminum Extrusions Industry Survey

Aluminum Extrusions Market by Product:

  • Automotive Chassis
  • Profile for Poles
  • Profile for Bridges
  • Profile for Rail Tracks
  • Door & Window Profiles
  • Curtain Walls
  • Profile for Heat Exchangers
  • Machinery Components
  • Others

Aluminum Extrusions Market by End User:

  • Aerospace
  • Building & Construction
  • Railways & Seaways
  • Energy
  • Defense
  • Others
Excellent Growth Outlook Foreseen for APEC, Europe & North America

Asia Pacific (excluding China) is also anticipated to create a significant incremental revenue opportunity in the aluminum extrusions market through the next decade, on the backdrop of the rapidly expanding manufacturing industry, particularly in India and ASEAN countries.

Japan is estimated to account for around 1/3rd of APEC’s market value share estimated for 2022. However, Japan will witness sluggish growth due to the stagnant economy of the country. India, one of the prominent producers of motor vehicles globally, will register significantly increasing demand for aluminum extrusions. However, the country’s motor vehicle production will be around five times less than that in Europe or the Americas.

Europe, led by Germany, is anticipated to witness excellent growth in the aluminum extrusions market size, by around 26% over the next 10 years. While Germany will account for more than a quarter of the Europe’s total consumption of aluminum extrusions forecast for 2019, Poland will reportedly mark the highest growth rate. The report has attributed Poland’s market growth to the spectacular growth of the country’s manufacturing industry.

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Key Companies: Global Aluminum Extrusions Market

Key manufacturers operating in the global aluminum extrusions market include Hindalco Industries, Jindal Aluminium Limited, China Zhongwang Holdings Limited, Constellium N.V., Hydro Extrusions, Arconic Inc., Gulf Extrusions Co. (LLC), TALCO Aluminum Company, Zahit Aluminum, Bahrain Aluminium Extrusion Co. (Balexco), Qatar Aluminium Extrusion Company, Bonnell Aluminum, SKM Co., Ltd., Keymark Corporation, Kaiser Aluminum Corp., Norinco International Cooperation Ltd., Hulamin Ltd., Sankyo Material Company, Hammerer Aluminium Industries GmbH, and WISPECO Aluminium.

In this report, Future Market Insights has presented the strategies of the key players tracked by an analysis of the current developments related to the aluminum extrusions product segments by these manufacturers. To provide a comparative analysis of the profiled manufacturers of the aluminum extrusions products, a competitive landscape is provided in the report.

Airless Pumps Market : Value Chain, Stakeholder Analysis and Trends by 2031

The airless pump market will register positive growth, with the overall valuation estimate to reach US$ 230 Mn in 2021. Future Market Insights (FMI) projects airless pump sales to increase at 5.5% CAGR between 2021 and 2031.

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Globally the sales of airless pump are estimated to grow 1.8 times over the upcoming decade, as heavy demand for contamination-free packaging solutions surges across the globe. As per Future Market Insights (FMI), the global airless pump market is anticipated to exhibit growth at 5.5% CAGR between 2021 and 2031.

Present day consumers are more aware about their personal care and cosmetic products. Their knowledge is no longer limited to ingredients list of personal care or cosmetic products, but covers benefits that some packaging can offer over others.

AIRLESS PUMP MARKET LANDSCAPE

Albea S.A, Aptar Group, Inc and Silgan Holdings, Inc are the top players operating in the airless pump market. Furthermore, Rieke Corporation, Quadpack, LUMSON S.p.A, and Frapak Packaging B.V. also hold considered market share. As per FMI, the Tier 3 players in the market hold 60%-65% in the global airless pump market. In conclusion, key players contribute almost 35%-40%of the global market.

Consumers are even willing to pay more for packaging that reduces contamination of formula and ensures minimum wastage. Airless pumps are used for packaging body lotions, make ups, perfumes & deodorants, and several others products. Consumers, especially millennials prefer airless pumps for as they maintain the product integrity for a longer duration.

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Airless packaging solutions, including airless pumps, are registering strong sales as they are available in a wide range of decorative bottles and containers with a sophisticated luxury feel. Demand for such highly customizable yet technology-oriented airless pumps is at all-time high, which is estimated to reinforce the market growth to a significant extent.

In addition to this, the global e-commerce industry is expanding with its improvised business models and inventory and shipment operations. The increasing shopping of an extensive range of personal care, beauty and cosmetic product via online platforms is fuelling sales of airless pump to a great extent.

AIRLESS PUMP MARKET BY CATEGORY

By Pump Type:

  • Multi Chamber Airless Pumps

By Material:

  • Plastic

By Application:

  • Body Lotions
KEY TAKEAWAYS FROM AIRLESS PUMP MARKET
  • Handheld airless pump are gaining traction in the market. They are expected to accounts for almost 70% market share in 2021.

“Impressive growth in demand of cosmetics & beauty care products is driving the sales of airless pump. The market also will gain from the expansion of global personal care brands,” says FMI analyst.

MANUFACTURERS EYEING LUXURY AND PREMIUM PACKAGING FOR BEAUTY PERSONAL CARE INDUSTRY

Manufacturers operating in the global cosmetic and personal packaging market are offering highly customized and luxury packaging solutions. Premium packaging adds aesthetics along with sophistication of functionality.

Airless pumps are available in a variety of glossy bottles and jars. As compared to flexible cosmetic packaging solutions, airless pumps can be converted into versatile end-products with customizable add-on features. Due to the intensifying competition in the cosmetic and personal packaging market, airless pump manufacturers are likely to focus on offering innovative packaging solutions.

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Composite Paper Cans Market – Future Scenario, Key Insights, Top Companies 2031

Composite paper cans are emerging as a preferred packaging solution as industries and consumers alike exhibit demand for sustainable alternatives to plastic. As per a study by Future Market Insights (FMI), the global composite paper cans market will exhibit a CAGR of 4.8% between 2021 and 2031.

Composite paper cans are made from paper fiber bodies with one or both ends made from metal or paper. Aluminum foil or plastic liners are provided inside the cans to minimize leakage. Therefore, these containers are primarily used in the beverage industry.

Increasing demand for environment friendly composite paper cans is encouraging key players to expand their production capacity. The demand for packaging solutions with longer shelf life and ease of use will rise in response to the growing popularity of take-away and on-the-go food items. As per FMI, food and beverage packaging will account for over half of composite paper cans sold through the forecast period.

In recent years, the growing concerns over environmental damage have pushed consumers and marketers towards green products and services. Increasing focus on reusable or recyclable products will pave the way for the growth of the market in the near future.

KEY TAKEAWAYS FROM COMPOSITE PAPER CANS MARKET STUDY
  • Cap closures account for over 61% value share in the global market owing to easy handling and lower risk of wastage.

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“Companies operating in the market are focusing on offering sustainable solutions. Some of them are experimenting with technologies to offer greater usability of composite paper cans,” says a FMI analyst.

COMPOSITE PAPER CANS EMERGE AS SUSTAINABLE ALTERNATIVE TO PLASTIC CANS

There are several reasons as to why composite paper cans are far better as opposed to ordinary cans. These are durability, eco-friendly nature, and low cost. Also, composite materials have the highest strength to weight ratio.

Composite paper cans resist damage from harsh weather and chemicals, which is driving their application in the food, chemicals, cosmetics, and personal care industries.

Considering the challenging conditions of the COVID-19 pandemic, the returns from composite paper cans has declined substantially across the globe. Therefore, the Y-o-Y growth rate in the year 2020 dropped by nearly 1.6% as compared to 2019.

A moderate slump in the food & beverage and retail segments has been observed, owing to difficulties in maintaining supply chains. The demand for composite paper cans is expected to recover strongly owing to growth in sustainability and as consumers adapt to hygiene practices.

WHO IS WINNING?

The tier 3 players in the market hold 70–80% of the global composite paper cans market. Expansion of production capacities and investments into product development are key strategies holding the attention of manufacturers.

Smurfit Kappa Group plc, Amcor plc, Mondi Group plc, Sonoco products company, Ace paper tube, Irwin packaging, PTS manufacturing, Canfab packaging and among others are the prominent players in the global composite paper cans market.

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Bag-in-Box Market Expectations and Growth Trends Highlighted Until 2031

The rising demand fordelivering various alcoholic and non-alcoholic beverages in sustainable way has led to the innovation in manufacture of bag-in-box. Apart from this the demand for better and non-contaminated food and safe pharmaceutical delivery is resulting in a broaderacceptance of bag-in-box. The rising use of bag-in-box in industrial sectors such as chemicals is expected to continue as promisingbusiness across the globe.

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Among various industries using bag-in-box packaging solutions, the beverage sector has emerged dominant. According to a study by Future Market Insights, the beverages sector is expected to account for over 65% of sales in bag-in-box market.

Smurfit Kappa Group plc, DS Smith plc, Amcor plc, Liqui-Box Corporation, Scholle IPN, CDF Corporation, TPS Rental Systems Ltd, Optopack Ltd., NWB Finland Oy, Aran Group and among others arethe prominent players in the global bag-in-box market. The Tier 3 players in the market hold 50–60% in the global bag-in-box market.

Within the beverages industry, the wine segment holds the largest share.Using bag-in-boxes for packaging wines are particularly handy when it comes to use by an individual. Bag-in-boxes are lightweight than glass bottles commonly used for packaging, and are easier to be stored away.

Europe has emerged as a key market and one of the leading producers of wine. The region has been exhibiting increasing application of bag-in-box for packaging and transportation of premium wines. Even wine expertsacknowledge that the wines in bag-in-box have a fully conserved taste.

Manufacturers are adhering to stringent food regulationsto ensure the flavor of the wine stays intact. Besides this, hygienic &useful access to the inside content, the plastic film deliberately guards wines against oxygen and light are some of the important aspects that made bag-in-box a foremost packaging solution for wines.

Several industries are opting for bag-in-box packaging solutions as these collapse easily into a flat bag and box which minimizes shipping cost and storage requirements. These factors are expected to enable growth in the market in the coming years.

KEY TAKEAWAYS FROM BAG-IN-BOX MARKET
  • Bag-in-box demand will rise steadily, exhibiting a steady growth at 5.7% between 2021 and 2031

“The rising demand for flexible and sustainable packaging solutions will continue driving sales, especially in food and beverages sector. In order to cater to the rising demand, companies are focusing on various innovations” says FMI analyst.

ADDITIONAL EQUIPMENT COSTS ASSOCIATED WITH BAG-IN-BOX LIKELY TO HAMPER GROWTH

Although bag-in-boxes are economical packaging solutioncompared to traditional packagingalternatives, addedequipment costs of bag-in-box are expected to limittheir sales.Costs associated with bag-in-box containers are anticipated to adversely affect the demand for bag-in-box, especially in emerging economies.

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IMPACT OF COVID-19 ON BAG-IN-BOX MARKET

Withsurge in challenging conditions during COVID-19 pandemic, the sales ofbag-in-boxhas declinesubstantially across the globe. Therefore, the Y-o-Y growth rate in the year 2020 end has been lowered by nearly 1.3% in compare with 2019.Moderate negative influence in the demand for bag-in-boxamongstbeverage, food, and chemical segments has been observed, due to difficulties in the maintaining supply chains.

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Garbage Bags Market Is Set to Experience Revolutionary Growth by 2031

Good hygiene practices have demonstrated positive effect on health. This realization has been one of the chief drivers of the garbage bags sales. As per a new study by Future Market Insights (FMI), the garbage bags market’s valuation is likely to surpass US$ 7.72 Bn in 2021. Increasing focus on hygiene and cleanliness among consumers to keep the environment around them clean has been helping garbage bags sales to pick up. Besides this, rapid urbanization and subsequent increase in waste generation has led to usage of garbage bags for proper disposal of waste.

Driven by the increasing waste generation the demand for garbage bags is expected to rise. Rising need for effective waste disposal right from households to commercial places is anticipated to boost the growth of garbage bags market in the years to come.

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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.

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.

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

“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.

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.

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Robotic Palletizers and De-palletizers Market Insights and Forecast by 2030

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.

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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.

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
  • 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

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

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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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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Metallized Paper Market to Grow at Robust CAGR by 2029

Future market insights provide important insights into the  Metallic Paper Market , Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029 in a published report titled  ‘: Metallized Paper Market.  In terms of revenue, the global metallized paper market is projected to expand at a CAGR of  ~4%  during the assessment period due to numerous factors for which FMI provides thorough insights and forecasts .

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Vacmet India Ltd, Pg Paper Company Ltd., Uflex, UPM-Kymmene Oyj, Glatfelter, Lecta SA Polyplex Corp. Ltd is an organized metal paper manufacturer. There are many regional companies projected to contribute to the global metallized paper market during the period 2019-2029.A firm development in the premium brewing and beverage industry

Metallized paper provides elegant and protective properties to packaging products. It is widely used in various fields such as food, beverage, personal care, home care, chemical, banking, etc. A wide range of applications for metallized paper is in labeling. Packaging and labeling of premium spirits and perfumes is growing significantly in demand worldwide. Growth in the premium spirits segment is expected to grow at a steady pace, with a quarter expected to reach ~US$2.1 billion by 2022.

key segment

by thickness

Up to 50 GSM

51-100 GSM

101-150 GSM

150GSM or higher

by application

label

wrap/overlap

decoration

postal envelope

graphic paper

By end-use industry

food

drink

home care

personal care

electric

chemistry

banking

There are many opportunities in Asia Pacific

Geographically, Asia accounts for nearly two-fifths of the global metallized paper market and is expected to support market growth, particularly in East Asia. China and India are the major markets for metallized paper and are expected to grow year-over-year in the coming years. Following labeling, the demand for wraps/overlaps is expected to increase at a higher rate in South Asia, boosting the market growth. However, adoption of metallized paper in the food and beverage industry is expected to grow at a slower pace due to a lack of innovation in the sector.

The metallized paper market in South Asian countries such as Indonesia and Malaysia is expected to show a high growth rate compared to other regions. Spain is expected to witness higher growth in the metal and paper market, while Germany is expected to face negative growth due to the imbalance in the metal and paper trade.

Together, Oceania and the MEA region will make up one tenth of the global metallized paper market. Oceania is a developed market for metallized paper and is expected to grow steadily over the next few years. East Africa has witnessed sustained growth of over 6% in GDP for the past three years in a row and likewise, the metallized paper market growth in the region is projected to grow at a CAGR of ~6% over the period 2019-2029.

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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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Thermoform Tray Market to Witness a Healthy Growth by 2026

Plastics have become an important part of the packaging in today’s world. In the next few years, plastics will become a larger share of the packaging industry. As technology advances, various technologies have been utilized, developed and perfected to provide plastic-based packaging relevant to various industries. One of these techniques is thermoforming, which uses vacuum and/or pressure to form plastics into various shapes and sizes.

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Key Players in Thermoforming Trays Market are HLP Klearford, Klöckner Pentaplast Group, Transparent Container, Inc., Tray-Pak Corporation, Dordan Manufacturing Company, Lacerta group, Inc., Macpac Ltd., Nelipak Healthcare, Sonoco Products Company, Placon .

FMI deploys digital intelligence solutions to provide powerful insights to report buyers that help them overcome market challenges, especially in times of crisis. Our dedicated team of experts conduct extensive research to gather accurate information relevant to the market.

Thermoforming Tray Market Segmentation:

On the basis of product type, the Thermoforming Trays market is segmented into:

standard tray

tray insert

cushion tray

shelf display tray

Etc

On the basis of end-use, the Thermoforming Trays market is segmented into:

food and drink

Electronic products

medicine

health care

cosmetics

horticulture

Based on Material Type, the Thermoforming Trays Market is segmented into:

PP

Pets

HDPE

hip

PVC

LDPE

ABS

Etc

In its upcoming business report, FMI details the historical and current scenarios of the global Thermoforming Trays Market in terms of production, consumption, volume and value . This report studies the market into different segments, regions and players based on demand patterns and growth prospects.

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Highlights of the report

Growth Drivers and Opportunities: Comprehensive analysis of growth drivers and opportunities for market players in various regional markets

Recent Trends and Forecasts: A detailed assessment of the latest trends, technological developments and forecasts over a 5- or 10-year period.

Segment Analysis: What differentiates the role of these segments in an extensive analysis of each segment and market revenue forecasts and growth rate analysis

Regional Market Forecast: A thorough analysis of each regional market to provide stakeholders with the information they need to make important decisions

Competitive landscape: Comprehensive insights into key and emerging players competing for a piece of the Thermoformed Trays Market

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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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Easy Open Packaging Market Demand, Scope and Future Estimation until 2026

Easy open packaging is a type of flexible packaging designed to be easily opened by anyone with physical strength. Easy-to-open packaging is valuable to the flexible packaging industry due to its ability to tear easily and how it allows consumers to access products. The world is busy and consumers are looking for products that are easy to use, reusable and not disruptive to their lifestyle.

Download report sample: https://www.futuremarketinsights.com/reports/sample/rep-gb- 2124

In its upcoming business report, FMI details historical and current scenarios of the global Easy Open Packaging market in terms of production, consumption, volume and value. This report scrutinizes the market into different segments, regions and players based on demand patterns and growth prospects.

The vital information and forecast statistics covered in the Easy Open Packaging market report will provide both established and emerging market players with the insights they need to maintain business continuity and form long-term strategies during a crisis such as the ongoing COVID-19 pandemic.

FMI’s report contains an interesting chapter about the preliminary impact of COVID-19 on the Easy Open Packaging market. This helps both major and emerging market players to understand market scenarios during crises and make sound decisions to gain a distinct competitive advantage.

The global easy-to-open packaging market is segmented into four segments based on material type, product type, application, and region.

On the basis of material type, the easy open packaging market is segmented into:

cardboard

plastic

steel

On the basis of product type, the easy open packaging market is segmented into:

twist cap

tear

shrink wrap

Etc

On the basis of Application Type, the Easy Open Packaging Market is segmented into:

food and beverage

cosmetics

health care

Etc

Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-2124

Answers to important questions about the Easy Open Packaging Market report:

Who are the end users with the highest revenue contribution in different regional markets?

At what rate did the global Easy Open Packaging market expand during the forecast period?

What will the global Easy Open Packaging market look like by the end of the forecast period?

What are the innovative strategies adopted by the Easy Open Packaging market players to stay ahead of the packaging market?

What are the restrictions affecting the growth of the Global Easy Open Packaging Market?

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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.

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Rigid Industrial Packaging Market Analysis by Size, Share, Growth, Trends up to 2029

Rigid industrial packaging sold ~1.85 billion units in 2018, equivalent to a value of $26 billion. Rigid industrial packaging is gaining increasing momentum in several commercial sectors due to improved protection against harsh environmental factors. According to FMI’s research, rapid industrialization and increasing demand for chemicals and pharmaceuticals continue to influence the growth prospects of the  rigid industrial packaging market .

This study tracks the growth of the global Rigid Industrial Packaging market from 2019 to 2029. FMI forecasts that global rigid industrial packaging will rise steadily at a CAGR of 4.5% over the forecast period.

Get a sample of the report: https://www.futuremarketinsights.com/reports/sample/rep-gb- 10086

Manufacturers seize opportunities in the chemical industry.

According to this study, one of the important growth drivers is the increase in intercontinental trade activity, which requires the use of robust industrial packaging formats in new industries such as biochemicals, food grade ingredients and processed foods. Additionally, the market is highly dependent on four major end-use industries including Chemicals and Solvents, Food and Beverage, Oils and Lubricants, and Automotive.

Despite the swirling clouds surrounding plastic’s adverse effects, manufacturers continue to use plastics as a convenient material for rigid industrial packaging because of their technological and operational advantages and lower cost over metal. Sales of rigid containers made of plastics, accounting for ~50% of sales in 2018, will witness significant growth going forward, driven by their lightweight properties and advances in polymer processing technology. However, the low degradability of plastics remains a major concern for manufacturers and end users.

key segment

By product type

drum

iron drum

plastic drum

composite drum

hard IBC

pail

bulk box

material type

plastic

metal

paper and wood

fiber

end use

Chemicals and solvents

oils and lubricants

agriculture and horticulture

car

building and construction

food and beverage

Pharmaceutical and medical devices

Regional data for the question: https://www.futuremarketinsights.com/ask-regional/rep-gb- 10086

Research shows that container reuse is gaining ground in the rigid industrial packaging space, and to keep up with the current trend, manufacturers are focusing more on R&D activities and innovation to increase the efficiency of their products and maximize repeat use. As manufacturers lean toward offering products that meet the specific needs of end users, a trend towards customization has also emerged prominently in the market.

About Us

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.

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com   

Browse all Reports: https://www.futuremarketinsights.com/reports

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