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As per FMI, the global metal closures market is anticipated to grow from US$ 28.4 Bn in 2022 to US$ 50.8 Bn by 2032, with the overall sales rising at around 6% CAGR throughout the forecast period.

Rising demand for metal closures from various end-use industries including food & beverages, pharmaceutical, cosmetics & personal care, etc., is a key factor driving growth in the global market.

Metal closure sales are expected to rise due to increasing demand for easy-to-open and sustainable packaging, rising consumption of packaged food and beverages items, and rapid economic growth.

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Metal closures are commonly used in food & beverage segment for carbonated drinks, bottled water, ketchup and alcoholic beverages, among other things. Caps and closures enhance the shelf life of items, protect them from dirt and moisture, and keep the oxygen concentration of the packed product balanced. They possess durability and strength along with excellent adhesion which acts as a utility for numerous end-use industries.

With the growing need for caps and closures, import and export have become more important. Due to the continuous expansion of numerous major end use sectors, the worldwide metal closures market is expected to grow rapidly in the future years.

In the next few years, rising consumer demand for bottled water will boost the need for tamper-evident caps and closures. The rise of the bottled water market is fuelled by changes in lifestyles and per capita consumption.

Demand for metal closures is particularly rising across regions like North America and East Asia due to increasing production and consumption of packaged foods and beverages, easy availability of metal closures at lower costs, and growing popularity of aluminium metal closures.

Key Takeaways from Global Metal Closures Market

• By material type, the aluminium segment is expected to grow at the highest CAGR of 6.3% between 2022 and 2032.
• Based on end use, the food & beverage segment will expand at a CAGR of 5.7% during the forecast period.
• North America and East Asia are projected to remain leading markets for metal closures during the assessment period.
• The metal closures market in India is expected to grow at 6.8% CAGR through 2032.
• The U.S. metal closures market is anticipated to grow at 5% CAGR between 2022 and 2032, creating an incremental opportunity of US$ 2.7 Bn by 2032.

“Increasing demand for packaged food & beverages is giving rise to the global metal closures with significant market opportunities as they extend shelf life of the products,”- says FMI analyst

Who is winning?

Leading metal closure manufacturers include Nippon Closures Co. Ltd, Crown Holdings, Inc., Closure Systems International, Amcor plc, Tri-Sure Packaging, Silgan Containers LLC, SACMI, METAL CLOSURES PVT. LTD., Canpack, Kotopack, Actega, Viscose Closures Ltd, Peliconi, Sks Bottles & Packaging Inc, Guala Closure Group and others.

These players are constantly upgrading their product portfolios by launching novel products with better features. Besides this, they are investing in R&D and partnering and collaborating with end-use industries to increase their sales.

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Food and Beverages is the Key Driver of the Global Metal Closures Market   

The market for metal closures is expanding rapidly due to factors such as rising demand from the food and beverage segment due to their protective qualities. Additionally, the demand for metal caps and closures is projected to increase in the upcoming years due to the growing use of metal closures in food packaging and their distinctive ability to improve shelf life.

Beverage packaging is one of the most significant end-use sectors for metal closures. Beverage packaging is used to preserve the taste and texture of beverages while extending their shelf life. Pouches and cartons are two recent packaging innovations that are gaining popularity. The search by beverage companies for novel, distinctive closures is what drives the market for premium caps in the beverage segment. To seal or package non-alcoholic beverages, many types of caps and closures can be used. Plastic, metal, glass, and rubber caps and closures are only a few of the alternatives.

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Substantial Use of Aluminium Material is driving the Demand for Metal Closures Market

Aluminium material segment has witnessed the highest value in the metal closures segment. Aluminium closures are manufactured in a way which are cost-efficient and it provides various designs. They offer a perfect way of opening and resealing the products and can be used again for various purposes. Aluminium closures possess a strong adaptability and also extends the shelf life of the product. It helps in keeping the same quality of the product even after long storage.

Thus, aluminium is expected to witness significant market growth during the forecast period of 2022-2032.

Global Metal Closures Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the Global metal closures market by Material type (Aluminium, Tin, Stainless Steel and Copper), by Production Process Type (Injection Molding, Compression Molding), by End use (Food & Beverages, Consumer Goods, Personal Care & Cosmetics, Homecare, Pharmaceuticals ,Others (Chemical, Agro Products, etc.), by region (North America, Latin America, Europe, South Asia, East Asia, Middle East and Africa, Oceania) – Forecast to 2022 – 2032.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

 Click Here for Metal Closures Market 200 pages TOC Report

About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

About Us:

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: 

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As per FMI, the global cans market is projected to reach US$ 51.6 Bn in 2032 and exhibit growth at a CAGR of 3.8% in 2022-2032. The market is estimated to reach a valuation of over US$ 35.6 Bn in 2022.

Cans are best suited for preserving food as it prevents growth of microorganisms that cause foodborne illnesses. Being 100% recyclable, food cans are expected to be the ideal packaging choices for manufacturers across the globe. They are nowadays emphasizing sustainable packaging solutions.

The aluminum segment by material type is estimated to generate a dominating market share throughout the forecast period. Growth is attributed to its extensive use in various end-use industries such as beverages, pharmaceuticals, cosmetics & personal care, and homecare products. According to the Environmental Protection Agency of the United States (EPA), in 2018, about 1.9 million tons of aluminum packaging was generated from beers and soft drink cans and 49.2 percent of aluminum beverage cans were recycled. Hence, aluminum cans are estimated to dominate the market.

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Key Takeaways from Cans Market

• By material type, the aluminum segment is likely to create an incremental opportunity of US$ 13.1 Bn during the forecast period.
• Based on end use, the beverages segment is expected to accelerate at a CAGR of 4.0% in the global cans market during the forthcoming years.
• The China cans market is anticipated to generate a share of around 19.47% in the forecast period.
• The India cans market is projected to register a CAGR of 5.0% during the forecast period.
• The global cans market exhibited growth at a CAGR of 2.5% during the historic period of 2015-2021.

“Government initiatives to ban single-use packaging options is expected to create new growth opportunities for cans manufacturers globally. Besides, high demand for easily recyclable and eco-friendly packaging options would drive the need for cans in the market,” says a FMI analyst.

Key Cans Manufacturers Are Prioritizing Sustainability

Participants in the global cans market are primarily focusing on adopting new packaging formats that would have less influence on the environment and generate relatively lower carbon footprints when converted into waste. Therefore, some of the manufacturers are taking initiatives and investing more on research & development activities to accelerate material or product innovations. Additionally, they are focusing on manufacturing new facilities for the recycling of scrap cans.

As per a recent report published by the American Iron and Steel Institute, steel food cans consist of the highest recycling rate out of all food packaging that is equivalent to 58%. This rate is significantly higher than alternative food packaging that includes plastic (13%), glass (33.9%), cartons (16%), and pouches (2%). Nearly 30,000 food cans are recycled every minute in the U.S. Steel cans made of recycled steel results in 75% less greenhouse gas emission than making food cans with virgin steel. Thus, FMI estimates that various initiatives by market players will significantly increase the demand for cans in the next decade.

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Competitive Landscape: Cans Market

Some of the leading participants in the global cans market are Ball Corporation, Mondi Group, Novelis Inc., Crown Holdings, Inc., Silgan Holding Inc., Ardagh Group S.A, Orora Packaging Australia Pty. Ltd., the Olayan Group, Ardagh S.A., Canpack, CPMC Holdings Ltd., Bangkok Can Manufacturing ,Nampak Ltd., Mahmood Saeed Beverage Cans & Ends Industry Company Ltd,Kian Joo Can Factory Berhad, Swan Industries (Thailand) Company Ltd, GZ Industri, Toyo Seikan Co., Ltd. and Envases Group.

Get More Insights on Cans Market

Future Market Insights, in its new report, offers an unbiased analysis of the global market for cans market by material type (aluminum, steel/tin plated, plastic, and paper composites), capacity (up to 200 ml, 201-750 ml, and more than 750 ml), end use (food, beverages, pharmaceuticals, cosmetics & personal care, homecare products, paints & lubricants, and others consumer goods), across seven regions.

About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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As per FMI, the global blow molded bottles market size is likely to reach US$ 144.3 Bn by the end of 2032. It is anticipated to exhibit growth at a CAGR of 4.8% during 2022-2032 and is projected to be valued at US$ 90.3 Bn by the end of 2022.

Blow molding is a process where inflation and heating is done to create hollow products. The blow molded bottles market is anticipated to rise at a fast pace owing to improvements in technology and industry-specific products. Key blow molded bottles businesses are focusing on digitizing their operations and adjusting to new innovations by using artificial intelligence and automation.

During the forecast period, top businesses in the blow molded bottles market are likely to continue to focus on mergers and acquisitions as a means of gaining access to new technologies, bolstering portfolios, and leveraging capabilities. Increasing investments in R&D to develop new product lines is another key factor that would drive the global market.

Over the last few years, there has been a spike in capacity expansion in high-growth regions such as the Middle East and Asia Pacific. These regions are generating a steady demand for polymers and are also lowering their total manufacturing costs.

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Manufacturers are looking for machines that can provide improved precision, cost effectiveness, and flexibility in order to offset the significantly rising cost of manufacturing in various high-demand end use segments.

Key Takeaways from Blow Molded Bottles Market

• By the next decade, the blow molded bottles market is expected to grow by 1.6x times than its current value.
• Based on material, the plastic segment is expected to grow at a CAGR of 4.6% in the forecast period from 2022-2032.
• By end use, the food & beverages segment is estimated to reach a valuation of US$ 58 Bn by the end of 2032.
• The South Asia blow molded bottles market is predicted to account for roughly 23.5% of the global market share during the forecast period.
• The India blow molded bottles market is expected to create an incremental opportunity of US$ 6.1 Bn by 2032.

“Urgent need to increase the shelf life of food products and rising concerns about the safety of food & beverages are projected to boost the global blow molded bottles market,” says a FMI analyst.

Increasing Demand for Biodegradable Plastic to Boost the Global Market

Use of recyclable or biodegradable plastics is on the rise as a result of growing concerns regarding environmental damage brought on by the overuse of plastic. The majority of firms are nowadays employing compostable substitutes for plastic since government agencies have implemented strict laws and outlawed the use of plastic for packaging.

Many countries have framed new regulations and laws to encourage firms to switch from conventional plastic to recyclable plastic, notably in the packaging industry, because of its many advantages.

For instance, Greif Inc. sells refurbished and remanufactured plastic containers that are built with HDPE, which has been recycled 75% from post-consumer containers. With these changes, the blow molded bottles market will witness a significant amount of growth in the near future.

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Expansion of E-commerce and Logistics to Create New Opportunities for Blow Molded Bottles Manufacturers

E-commerce and direct-to-consumer delivery techniques have exhibited tremendous growth. Over the past few years, there have been some significant changes in shipping and transportation procedures as a result of shifting customer shopping habits and growing popularity of e-commerce. Owing to the aforementioned trends, packaging solutions have undergone numerous changes in order to meet end-use requirements, while also being more secure and sophisticated.

Understanding and recognizing the transportation method helps packaging engineers around the world to create plastic bottles in the most sustainable way possible. Increasing need among packaging engineers and manufacturers to develop innovative plastic containers, including bottles is set to aid growth.

Competitive Landscape: Blow Molded Bottles Market

Some of the leading players in the blow molded bottles market include ALPHA Packaging, Millet Plastics Inc., Zhongshan Boyu Precision Mould Manufacturing Co., Ltd, APEX Plastics, Valencia Plastics, Inc., Us Pack Group, Urola Packaging, Robinson plc, Gil Pack, PET Blow Molding, S.I.P.A. S.p.A., Rosti Group AB, Berry Global, O. BERK, Retal Industries Ltd, Grief Inc, Visy, Garrtech Inc, Graham Packaging co, and LyondellBasell Industries B.V among others.

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Get Exclusive Insights on Blow Molded Bottles Market

Future Market Insights, in its new report, offers an unbiased analysis of the global market for blow molded bottle market by capacity (below 100ml, 100-500ml, above 500ml), material (plastic, glass, metal), end use (food & beverages, pharmaceuticals, cosmetics & personal care, homecare, others (chemicals, etc.)).

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

To Continue TOC…         

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:    

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

The corrugated fanfold market is estimated at a CAGR of 4.3% during the forecast period. The market is likely to be valued at US$ 10,456.7 Mn in 2022 and is anticipated at US$ 15,930.9 Mn by 2032.

The cost-effective and green packaging solution is the utmost priority; hence the demand for corrugated fanfold packaging has been a perfect consideration in recent years. A Fanfold is a long corrugated cardboard sheet that is primarily used to protect goods from damage.

The cost effective and green packaging solution is the utmost priority; hence the corrugated fanfold packaging is a perfect consideration. Fanfold is a long corrugated cardboard sheets that are primarily used to protect and package various products. A corrugated fanfold is a continuous cardboard which is a flexible packaging solution to provide multiple packaging specifications in different sizes according to the customer’s requirements. 

A corrugated fanfold is like a fan that comes in a long piece of corrugated cardboard is foldable at regular intervals; therefore it can be folded neatly and appropriately. 

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It is protective packaging to the product used in packaging having a wide range of width ad grades. It is helpful for packaging products such as aluminium components, electronic equipment, machine parts, food products etc. It is a budget-friendly packaging, as it is used for cut-to-size packaging by saving material costs and reducing storage space. 

Any business is focusing on reducing waste generation to try to reduce the environmental impact. The company’s focus on lowering the warehouse and storage cost; therefore, the corrugated fanfold helps conserve the space during packaging and transportation. 

What Are the Key Market Drivers Impacting the Growth of Corrugated Fanfold Market? 

The corrugated fanfold cardboard sheets are available in board and flute combinations having multiple length and width combinations. Additionally, the robust, double-wall fanfold corrugated provides flexibility by selecting the correct length of package according to the size of the products. The excellent features such as easy to cut, the pre-cut grooves for a professional and tidy finish of long boxes, fast and easy packaging helps the customers in effective and efficient packaging. 

The corrugated fanfold cardboard sheets are moisture and abrasion-resistant; hence are helpful in handling and transportation.  It is an entirely versatile and protective packaging that benefits the supply chain by minimizing inventory and material waste. 

The corrugated fanfold provides excellent protection to the products during transit as it is safe in transit. Furthermore, it has an ideal flat surface for high-quality printing to showcase a brand image. Therefore, tailored length, width and scoring corrugated fanfold packaging generates significant market growth. 

What is the Key Trend Increasing Sales of Corrugated Fanfold? 

The rising demand for e-commerce business and online shopping is growing tremendously.  The fanfold corrugated sheets packaging proliferates with the explosion of e-commerce and the continuous development of digital printing technologies. The customers are more concerned about the safe, secure and reliable packaging solution. 

The e-commerce business prefers the most economical, easy and efficient packaging, which is cost-effective and safe.  The e-commerce business is coming out of the most effective fit-to-product (FTP) or flexible box-on-demand packaging systems. Therefore, the swift in e-commerce and digitalization will enhance the corrugated fanfold market.

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Competitive Landscape

Prominent Players in the Corrugated Fanfold Market.

The corrugated fanfold market is consolidated by the key players existing all around the globe during the forecast period. The key players are focusing on the products that determine the consumer’s needs. For this, they are adopting several strategies such as partnerships, mergers and collaboration to acquire the lion’s share in the market.

As per Future Market Insights (FMI), the global tea packing machine market size is estimated to be valued at US$ 811.4 Mn in 2022. Furthermore, with rising production and consumption of tea globally along with increasing need for improving production efficiency in manufacturing facilities, the overall sales of tea packing machines are slated to grow at 5.7% between 2022 and 2032, totaling around US$ 1,418.1 Mn by 2032.

Similarly, increasing adoption of the smart automated techniques for the tea packing is expected to fuel the sales of tea packing machines during the forecast period.

Tea packing machine is important as it acts as a responsible packaging solution. It helps in providing consistency in terms of taste, colour and volume of the tea. The efficient tea packaging ensures that the natural health of the tea is preserved.

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Manufacturers have increased usage of tea packing machines as they reduce the time and effort for the product packaging. Rising demand for ready to drink tea has also boosted the tea packing machine market.

The tea packing machine can be used for the production of application products such as pouches, bags, stick packs, sachets, bottles & jars etc. However, tea pouches are mostly used as they are more flexible and can be customized according to the requirement.

Key Takeaways from Tea Packing Machine Market

• Based on machine type, form fill-seal equipment segment is estimated to grow at the rate of 6.0% CAGR during the forecast period.
• By application, pouches segment is likely to grow at the fastest CAGR of 6.9% between 2022 and 2032.
• The U.S. tea packing machine market is predicted to expand at 4.1% CAGR through 2032.
• Tea packing machine market in China is likely to grow at the highest CAGR of 6.2% during the next ten years.
• Demand for tea packing machines in India is slated to grow at 5.3% CAGR, totalling around US$ 94.2 Mn by 2032.

“The rising consumption and production of the tea is creating opportunities for the key players as end-use manufacturers are opting for the smart automated tea packing machines which can reduce the cost and increase the production efficiency” – says FMI analyst

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Tea Packing Machines Are Getting Traction as Smart Manufacturing Through Automated Machines

Manufacturers of the tea packing machines are focused on innovating existing packaging systems due to increased demand for the automated packing process. End-use industries are setting up automated packaging systems to increase production efficiency and reduce production costs.

Automated tea packing machines help in reducing the laborious task, saving time and eliminating errors. The smart manufacturing option presented by the tea packing machines has gained a significant advantage in the market. End-users are opting for smart tea packaging. Thus, tea packing machines are getting traction as smart packaging through automated machines is boosting the end use production activities.

Growing Count of Tea Flavours to Push the Demand for Tea Packing Machines

There are more than 1000 varieties of tea available worldwide, which are mainly classified as white, green, black or oolong. Tea is considered the second most popular drink in the world.

The customer base of tea is increasing due to increased demand for tea in emerging economies such as India or China. The consumption has increased the demand for the tea in different packaging such as stick packs, bags, sachets etc.

One of the reasons for the increased consumption is the easy availability of ready-to-drink tea. People are consuming ready-to-drink tea, as it does not need any sort of preparation and can be easily consumed. Thus, the growing count of the tea flavours and increasing customer base of the tea is increasing the demand for tea packing machines.

Who is Winning?

ACMA S.p.A., Omag srl, Teepack Spezialmaschinen GmbH & Company KG, Universal Pack S.r.l. and Omori Europe are the key players operating in the global tea packing machine market.

Also, some of the noticeable players operating in the tea packing machine space are I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Xiamen Sengong Packing Equipment Co. Ltd., Unitek Packaging Systems Private Limited, AVM Packaging Systems, A. P. Pack Solutions, Vista Technopack Machines, Synda Pack, Dopack, HANGZHOU YOUNGSUN INTELLIGENT EQUIPMENT CO., LTD, Nichrome Packaging Solutions., Nasa Corporation, Zirve International., Pavel Blažek, balicí stroje s. r. o., dph International GmbH, Spack Machine and others.

Most of these players are focused towards providing customized packaging solutions to end users. Besides this, they are adopting strategies such as new product launches, partnerships, mergers, and acquisitions to increase their revenue share and expand their global footprint.

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Tea Packing Machine Market by Category

By Automation:

• Automatic
• Semi-automatic
• Manual

By Machine Type:

• Form Fill-seal Equipment
• Filling & Dosing Equipment
• Cartoning Equipment
• Case Packing and Sealers
• Wrapping and Bundling Equipment
• Palletizers

By Application:

• Pouches
• Bags
• Stick Pack
• Sachets
• Bottles & Jars
• Containers & Boxes
• Cans

Tea Packing Machine Market Report

Future market insights, in its new report, offers an unbiased analysis of the global tea packing machine market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the tea packing machine based on the automation (automatic, semi-automatic and manual), machine type (form fill-seal equipment, filling & dosing equipment, cartoning equipment, case packing and sealers, wrapping and bundling equipment and palletizers), and application (pouches, bags, stick pack, sachets, bottles & jars, containers & boxes and cans) across seven regions.

A wood fibre craft offers the greatest strength and unadulterated beauty. Paper made from chemical pulp is used to prepare craft bags throughout the crafting process. Grocery packaging typically consists of plan craft bags. There are typically two types of craft bags on the market: white and brown. Craft bags are mostly used to transport lightweight items like fresh produce and fruits.

Craft bags can be used for a variety of items, including groceries, medicines, and technological goods. Craft bags are simple to use and manage, which has caused a rise in demand from consumers. In the near future, the global market for craft bags is anticipated to expand significantly. Craft bags are inexpensive and biodegradable, which encouraged manufacturers to invest in their creation. Customers are becoming more interested in using craft bags due to their lightweight and ease of handling.

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Global Craft Bags Market: Dynamics

Craft bags are an appealing packaging option for both makers and customers since they are affordable, simple to use, and readily recyclable. Growing consumer demand for environmentally friendly packaging is driving up demand for a wide variety of products, including paper-based packaging. Global demand for craft bags is expanding as consumers desire more convenient, smaller pack sizes and as the market for groceries and personal care products expands.

Due to rising environmental awareness, it is predicted that in the coming years, there will be a shortage of craft bags. Due to an increase in consumer demand, paper manufacturers are also anticipated to invest in the packaging of craft bags. The packaging industry is concentrating on huge consumer markets like the cosmetic and fresh goods markets against the backdrop of the paper sector. Manufacturers of cement are also seeing an increase in demand for craft bags.

Key Segments Profiled in the Craft Bags Industry Survey

Craft Bags Market by Product Type:

• Block Bottom Craft Bags
• Paper Carry Bags
• Checkout Craft Bags
• Confectionery Craft Bags
• Others

Craft Bags by Application:

• Craft Bags for Grocery
• Craft Bags for Food
• Craft Bags for Pharmaceuticals
• Craft Bags for Customer Goods
• Craft Bags for Stationary
• Craft Bags for Confectionery
• Craft Bags for Cosmetics
• Craft Bags for Personal Use
• Craft Bags for Home Care Products
• Craft Bags for Other Applications

Craft Bags by Region:

• North America Craft Bags Market
• Latin America Craft Bags Market
• Europe Craft Bags Market
• Asia Pacific Craft Bags Market
• Middle East & Africa Craft Bags Market

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Global Craft Bags Market: Regional Overview

A large portion of the craft bag market is anticipated to grow in North America due to the rising demand for environmentally friendly packaging. The manufacturing economies of China and other emerging nations will drive up demand for craft bags. In fact, the overall market for craft bags will grow at a significant CAGR in forecast years. Craft bags packaging represents the largest market for paper industry. Major portion of produced paper in the U.S is acquired for manufacturing of craft bags. Among these produced paper some are exported to China and the rest are used to produce other craft bags such as boxboard, which includes folding boxes.

Global Craft Bags Market: Key Players

The main player of global craft bags market are international papers,Stanpac, Kent paper, Biopac, Genpak, Bemis Company Incorporated, Berry Plastics Corporation, Novolex and Linpac Packaging Limited.

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How is Europe Contributing to the Growth of the Craft Bags Market?

Expansion of Food and Beverage Sectors Driving Craft Bags Sales in Europe

Europe accounts for a 20% market share of the craft bags market. The presence of huge food and beverage industry in the region boosts the growth of the market in Europe. Specialty paper boxes, paper bags, and paper packaging play a very important role in restaurants and other food businesses. Craft bags are a good packaging solution in the food industry. These bags come in a variety of options and sizes for all types of food and beverages.

Craft bags are a popular option for a wide variety of foods being flexible and durable, they are also very inexpensive and make an excellent eco-friendly alternative to plastic bags. The growing trend of ready-to-eat food, frozen food, and the increasing trend of packed food in the region to drive the sales of craft bags. The technological advancement has motivated the market players to enhance their product portfolio which has contributed to the growth of the global market for craft bags.

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Packaging is the innovation driven industry. Today packaging has not just remained a way to store and transport goods from one location to another. Electronics entered into all the aspects of human life, and the new technologies like Internet of Things (IoT) are the emerging ones. This change has led the rapid growth of electronics industry worldwide. Both industry and retail use of electronics goods and items have shown the multifold growth in last few years. Packaging plays very important role in protecting electronics goods and items. To protect electronic products from ESD conductive bags are used. Conductive bags are shipping bags for electronic goods or items which can be affected by the electrostatic field or static electricity built onto the surface. Conductive bags are made up of conductive materials. According to a survey conducted by Japan Electronics & Information Technology (JEITA) in 2017, the global electronics & information technology market stands at US$ 2610 Bn in 2016, growing at 4% yearly. Conductive bags market is expected to grow in line with the electronics industry growth.

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Global Conductive Bags – Market Dynamics:

Growing regulatory environment and safety concerns are pushing the electronics industry manufacturers to use conductive bags. Consumer awareness regarding safety has also driven the same. The static electricity created on the surfaces of other goods while filling and discharging can damage the sensitive electronic devices. Sometimes it may create sparks and lead to serious outcomes when hazardous flammable chemicals, oils or explosives are around. Growing semiconductor industry is the key driver which is indirectly driving the global conductive bags market. Conductive bags have resistance in the range of 103 Ohm to 108 Ohm. Conductive bags can be produced using metalized coatings such as aluminum (metalized silver coatings) which are called as metalized films. Conductive bags can also be produced using polyethylene (PE), by adding some conductive agents. Growing environmental regulations and rising intolerance towards plastic are restraining the global conductive bags market. Countries started imposing anti-dumping charges against the low cost imported packaging materials which are non-environment friendly. Overall the future for global conductive bags is lucrative, manufacturers should focus on high electronics and semiconductor exporting countries such as Japan, China, South Korea, Mexico, U.S., and Germany.

Global Conductive Bags – Market Segmentation:The global conductive bags market is segmented on the basis of product type, material, and end use industries. On the basis of product type, the global conductive bags market is segmented into plain conductive bags, tubing, grid conductive bags and conductive bubble bags. On the basis of material type, the global conductive bags market is segmented into aluminum coated conductive bags and PE conductive bags. On the basis of end use industries, the global conductive bags market is segmented into automobile & mechanical industry, semiconductors & electronics industries, pharmaceutical equipment’s industry, Electrical industry and others.

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Global Conductive Bags Market – Regional outlook:

Conductive bags market has been segmented on the basis of the region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.  Conductive bags market in APEJ is expected to be the fastest growing market due to growing consumption of electronic devices. Matured markets like China and South Korea dominate the region. North America and Western Europe regions expected to be in the same phase. Latin America and MEA regions, the penetration of conductive bags is expected to gain some traction over the forecast period. The main drivers contributing to this fact are growing infrastructure development, irrigation, automobile industry and battery production activities in these regions.

Global Conductive Bags Market – Key players:

Some of the players in the global conductive bags market are Intertape Polymer, Inc., Four Star Plastics, Inc., Suzhou Star New Material Co.,Ltd, Pera Plastic, ELCOM (UK) LTD, Kinetic Polymers, Polyplus Packaging Ltd, US Poly Pack., International Plastics Inc., Aristo Flexi Pack., etc.

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 Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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