Polyunsaturated Fatty Acids Market Set to Witness an Uptick Size USD 9.7178 Billion to 2032 – FMI

The global polyunsaturated fatty acids market is predicted to create an absolute dollar opportunity by exhibiting a CAGR of 5.4% from 2022 to 2032. The market size reached a valuation of US$ 5459.4 Mn in 2021 and it is to touch a valuation of US$ 5743.3 Mn in 2022. Due to polyunsaturated fatty acid’s widespread application in several industries including pharmaceuticals and healthcare, food & beverages, dietary supplements, infant formula, and several other applications, which is projection a valuation of the market of about US$ 9717.8 Mn by 2032.

As compared to the historical forecast which registered a growth of 6.7% CAGR between 2016 and 2021, the current forecast of the global polyunsaturated fatty acids market size is predicted to show sluggish growth at 5.4% CAGR between 2022 and 2032.

Various multinational companies and key players in the polyunsaturated fatty acids market have established and integrated value chains involved in manufacturing raw materials and supplying omega acids as finished products. These companies are able to integrate across several levels of the value chain whilst maintaining a meticulous supply of raw materials and keeping manufacturing costs at a minimum.

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Key Takeaways

  • Polyunsaturated fatty acids are vital fatty acids that are essential for brain function and cell growth. These fatty acids are not produced by the human body, they are taken through diets. Owing to its undeniable need for the growth of the body, the demand for polyunsaturated fatty acids is propelling in the global market.
  • Polyunsaturated fatty acids consist of omega-3 fatty acids and omega-6 fatty acids. They are drastically being replaced by trans and saturated fats by offering various health benefits for the body. PUFAs reduce triglycerides, prevent arrhythmia, lower blood pressure, control blood sugar, and reduce the risk for diabetes.
  • Furthermore, PUFAs assist in brain development and enhances the body’s ability to absorb fat-soluble vitamins more effectively along with developing and maintaining the body’s cells. Backed by such factors, a sharp rise in the demand for products containing polyunsaturated fatty acids has been witnessed within the last few years and the trend is likely to drive growth in the market.
  • The surging prevalence of chronic diseases such as cardiovascular diseases, cancer, stroke, and diabetes is expected to show opulent growth in the sales of the polyunsaturated fatty acids market. Moreover, increased consumption of polyunsaturated fatty acids in various end-use industries is expected to push sales across the estimation period.
  • Factors such as rising awareness about the numerous health benefits of PUFAs and a surge in cardiovascular diseases, along with rising consumption of products with omega-3 fatty acids are driving growth in the global polyunsaturated fatty acids market.
  • Polyunsaturated fatty acids play a vital role in improving the overall metabolic process which results in enhancing cognitive functions. Consumers are rapidly getting inclined toward high nutritional products is playing a crucial role in boosting sales of polyunsaturated fatty acids.

Competitive Landscape

In order to fulfill the increasing demand for polyunsaturated fatty acids, key manufacturers in the industry are shifting their focus towards improving their production capabilities, R&D investments, collaborative partnerships, and mergers and acquisitions.

The Major Keyplayers are Koninklijke DSM N.V., BASF SE, Croda International PLC, Enzymotec Ltd., Omega Protein Corporation, Aker BioMarine AS

More Insights into the Polyunsaturated Fatty Acids Market

According to Future Market Insights, the U.S. is expected to dominate the North American polyunsaturated fatty acids market by possessing a significant share in terms of consumption. This phenomenal growth in the U.S. is driven by increasing usage of polyunsaturated fatty acids across rapidly expanding industries such as food and beverage, pharmaceutical, and nutraceutical along with the rising prevalence of cardiovascular disorders, and growing consumer awareness about the benefits of PUFAs.

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Germany is projected to garner a total revenue share of about 5.9% in the global polyunsaturated fatty acids market by the end of 2022. Growth in the market is driven by the rapid consumption of foods containing polyunsaturated fatty acids.

Polyunsaturated Fatty Acids Market Key segments

By Product Type:

  • Omega-3 Fatty Acids
    • Alpha-Linolenic Acid (ALA)
    • Docosahexaenoic Acid (DHA)
    • Eicosapentaenoic Acid (EPA)
  • Omega-6 Fatty Acids
    • Linolenic Acid (LA)
    • Arachidonic Acid (AA)

By Source:

  • Marine
    • Algal and Fungus Oil
    • Fish Oil
    • Krill Oil
  • Plant
  • Chia Seed Oil
  • Flax Seed Oil
  • Other

By Application:

  • Dietary Supplement
  • Infant Formula
  • Pharmaceuticals
  • Food and Beverages
  • Animal Food and Feed

By Form:

  • Oil
  • Syrup
  • Softgel and Capsule
  • Other (Powder, Emulsion and Gummy Candy)

By Region:

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

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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: 

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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PP Homopolymer Market registering growth exceeding US$ 98,431.4 Mn by 2032

The global PP homopolymer market is projected to reach a value of US$ 98,431.4 Mn by 2032, with the market growing at an average CAGR of 4.8% over the forecast period of 2022 to 2032. Growing from an estimated US$ 61,591.5 Mn in 2022, the PP homopolymer market is driven by the heightened demand for the product from the packaging, textile, and electronic industries. The extensive usage of PP homopolymer in the packaging industry along with the ever-expanding e-commerce will augment the sales of the product in the international product.

In recent years, there’s been a notable rise in the adoption of PP homopolymer in construction, automotive, and electrical industries due to its high strength, enhanced chemical resistance and weldability. The growing need for high end packaging in retail sector is also contributing to the the consumption of high quality polymers which in turn propels the growth of PP homopolymer market.

Spearheading the market growth for PP homopolymer is flexible packaging for clothes, food, and other goods along with hard packaging for small to medium-sized storage used in FMCG products. Also, more and more consumers are buying goods from online businesses, boosting the market growth of e-commerce which in turn substantially improves the market prospects for PP homopolymer. In addition to all this, the target market also avails several profitable opportunities from the automotive sector.

Polypropylene homopolymer or PP homopolymer aids in weight reduction, cost reduction, and innovation with respect to design of interior and exterior products in automobiles. Polypropylene homopolymer is also corrosion and scratch resistant increasing the range of applications in the automobile sector. All these factors bode well for the future possibilities of the PP homopolymer market during this projected period.

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“Rising adoption of PP homopolymer in the packaging and automobile industry is expected to bolster the market growth of the same over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • The growing retail and e-commerce industry will likely fortify market prospects.
  • The PP homopolymer market in China is driven by immense demand from the packaging sector.
  • The United States is predicted to acquire 13.7% of the global market shares.
  • In terms of processing technology, injection molding is set to hold about 39.6% share of the market sales.
  • Packaging industry to account for 42.3% of the global market share.

Competitive Landscape 

LyondellBasell Industries N.V, Reliance Industries Limited., Braskem S.A, INEOS Group Ltd., ExxonMobil Corporation, Borealis AG, Total Petrochemicals USA Inc., Sasol Limited, IRPC Public Company Limited, National Petrochemical Industrial Company, Polyolefin Company, L.C.Y. Chemical Corporation and others are some of the major players in the PP homopolymer market that are profiled in the full version of the report.

Major market players are concentrating adopting alternative distribution channels and on innovation within the value chain. These businesses are focused on sustainability and extending their manufacturing facilities to enhance their international market presence.

More Insights into PP Homopolymer Market Report

In its latest report, FMI offers an unbiased analysis of the global PP homopolymer market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented on the basis of processing technology (injection molding, film, other extrusion, fiber, others (blow molding, sheet)), end use (packaging (flexible packaging, rigid packaging), electrical and electronics, textile, automotive, building and construction, others), and region.

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According to the latest FMI reports, based on region, the PP homopolymer market in China is predicted to undergo significant growth over the forecast period. The country is expected to be one of the prime consumers of the product. The escalating demand from the packaging and the automobile industry is driving the market growth in this region. Along with China, the U.S. PP homopolymer market is anticipated to exhibit impressive growth. The country is expected to account for about 13.7% of the global market share during the forecast period, driven by the expanding food industry.

Based on segmentation, by processing technology, the injection molding segment and the packaging industry, in terms of end use, are expected to lead the market growth during the forecast period.

PP Homopolymer Market by Category

By Processing Technology:

  • Injection Moulding
  • Film
  • Other Extrusion
  • Fiber
  • Others
    • Blow Moulding
    • sheet

By End Use:

  • Packaging
    • Flexible Packaging
    • Rigid Packaging
  • Electrical & Electronics
  • Textile
  • Automotive
  • Building & Construction
  • Others

By Region:

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

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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
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Ceramic Sanitary Ware Market to Achieve a High CAGR of 5.3% in 2032

The global ceramic sanitary ware market is projected to exhibit lucrative growth opportunities over the estimation period by exhibiting a CAGR of 5.3% from 2022 to 2032. The market is predicted to be valued at US$ 33,170.0 Mn in 2021 and is anticipated to reach US$ 58,929.8 Mn by 2032.

As per the historical analysis between 2014 to 2021, the sales of the ceramic sanitary ware market increased at a CAGR of 6.2% in 2014 and 2021, owing to the rising applications accounting for a reasonable portion of the global market.

The rising preference for sanitization and hygiene across the world is expected to fuel sales in the ceramic sanitary ware market. Prevailing government initiatives are helping in promoting sanitization, especially in developing countries is one of the key factors driving the ceramic sanitary ware market. Backed by these factors, the global ceramic sanitary ware market is expected to reach US$ 35,160.2 Mn in 2022.

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Key Factors

  • Owing to the numerous benefits of ceramic material it has been excessively used in the construction sector due to its excellent chemical and scratch resistance and cost-effectiveness is expected to drive the demand. In addition to that, a shift in preferences toward luxury items with aesthetic appearance will further boost the ceramic sanitary ware market.
  • In addition to that, the rising demand for building and construction sectors is escalating the demand for residential real estate, which is predicted to propel the expansion of the global ceramic sanitary ware market in the forthcoming years.
  • Ceramic sanitary ware consists of components and fixtures that are utilized for sanitization. It comprises a wide array of products such as water closets, wash basins, bathtubs, and faucets. Starch and chemical resistance are the key characteristics of ceramic sanitary ware products which come with cost-effectiveness and ease of maintenance.
  • There are several benefits of ceramic sanitary ware, one of which is its low cost. Another benefit is that they are more rigid than traditional structure metals and also provide an excellent return on investment due to the longevity of ceramic sanitary ware. In addition to that, they also have an exceptionally high melting point and are highly resistant to corrosion. Backed by these factors, the ceramic sanitary ware market is expected to drive growth over the projection period.
  • Moreover, rapid commercialization and rising government infrastructure spending are anticipated to have a significant influence on the ceramic sanitary ware market over the forecast period. Furthermore, the increasing number of promotional programs launched by the public and private sectors in order to raise awareness about the utilization of sanitary products is expected to drive growth in the market.
  • On the back of these benefits, the demand for ceramic sanitary welfare market has propelled immensely and is expected to reach US$ 35,160.2 Mn by 2022, increasing at 1.7x over the forecast period (2022-2032).

Competitive Landscape

To meet the ever-rising demand for ceramic sanitary ware, manufacturers are inclining their focus on emerging markets in recent years. Various key players are concerned about improving their manufacturing capabilities, R&D investments, mergers and acquisitions, and production capacity expansion.

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The key market players are focused on strengthening their sales channels in order to make ends meet. Prominent market manufacturers are also launching novel and innovative products to maintain and expand their market share. Key Players – Geberit Group, Kohler Co., LIXIL Group Corporation, TOTO Ltd., Roca Sanitario SA, Villeroy & Boch AG, RAK Ceramics, Duravit AG, Duratex SA, HSIL, SOMANY CERAMICS Limited, Eros Sanitaryware, Jaquar Group, Foster + Partners, Cersanit SA, Kajaria Ceramics Limited

More Insights into the Ceramic Sanitary Ware Market

India is expected to hold a sizable portion of the global market to become a prominent market in South Asia & Pacific over the forecast period as a result of ongoing investment and development there. The rising popularity of ‘concept bathroom’ along with ‘coordinated sanitary ware’ is surging demand for ceramic ware in India.

Several government initiatives are rapidly being implemented in India which is helping is raising awareness. One such awareness programs are Swachh Bharat Abhiyan (2019), these factors are projected to grow the ceramic sanitary ware market at a CAGR of 7.8% during the forecast period.

In countries like East Asia and China, the ceramic sanitary ware market is expected to grow at a substantial rate owing to increasing construction and infrastructure projects. China is expected to maintain its top position in the East Asian market during the projected period. The Chinese market is expected to register a growth of 7.1% CAGR throughout the assessment period.

Ceramic Sanitary Ware Market by Category

By Product Type:

  • Wash Basins
    • Pedestal
    • Half Pedestal
    • Wall Hung
    • Table Top
    • Under & Over
  • Water Closets
    • One Piece
    • Two Piece
    • Wall Mounted
    • EWC
  • Cisterns
  • Vanity Basins
  • Accessories

By End User:

  • Commercial
  • Residential

By Region:

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

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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. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Trends & Success Factor

3.1. Key Trends Impacting the market

3.2. Success Factor

4. Global Ceramic Sanitary Ware Market Demand Analysis 2014 – 2021 and Forecast, 2022 – 2032

4.1. Historical Market Volume (Units) Analysis, 2014 – 2021

4.2. Current and Future Market Volume (Units) Projections, 2022 – 2032

5. Global Ceramic Sanitary Ware Market – Pricing Analysis

To be continued…!

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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 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
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Wooden Cutlery Market Growth & Demand by Consumer Convenience and ‘On-the-go Food’

In the wooden cutlery market, direct sales and E-retail segments are collectively generating revenue of US$ 138 Mn in 2022, according to the annual market analysis conducted by Future Market Insights.

Demand for food service outlets is expected to reach US$ 107 Mn in 2022, according to the latest Future Market Insights (FMI) study. The market value is expected to reach US$ 245 Mn by 2029, exhibiting growth at CAGR of 4.8% for 2022-2029.

According to the most recent Future Market Insights (FMI) analysis, demand for food service outlets will reach US$ 107 Mn in 2022. By 2029, the market is anticipated to have grown at a CAGR of 4.8 percent, reaching US$ 245 Mn.

For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7605

How the Growth of Home Delivery and Online Food Service will Propel the Wooden Cutlery Market?

Consumer preference for takeaway or ready-to-eat food is increasing owing to changing lifestyles, growing disposable income, and rapid urbanization, especially in emerging economies.

Moreover, corporate work culture leading to out-of-home food habits is also strengthening the demand for foodservice disposables with single-use cutleries. Furthermore, consumer preference towards cost-effective and convenient food service is the major factor driving the growth of the disposable cutleries market.

Historic and Forecast Market Outlook for Wooden Cutlery

The global wooden cutlery market is estimated to witness significant rise during the forecasted period as online food delivery is showing a positive outlook and is expected to create an excellent opportunity for wooden cutlery manufacturers due to its low-cost and eco-friendly nature.

The wooden cutlery market is projected to rise at 3.9% CAGR during the forecast period in comparison to the 4.8% CAGR during historical period.

Wooden cutleries are popular among end users and buyers of disposable cutleries for the retail market segment. Communities and clubs regularly organize get-togethers and meetings to enhance socialization value among individuals in their organizations

Competitive Landscape

The key manufacturers operating in wooden cutlery market are focusing on increasing their production capacity to meet the increasing demand for wooden cutlery. Moreover, the key players are increasing their product portfolio to cater for the growing wooden cutlery market.

  • In April 2021, a company named Swaas has launched biodegradable bamboo cutlery for their retail segment for being eco-friendly and sustainable.
  • In October 2021, McDonald’s Canada franchise replaced plastic cutlery with wooden and paper cutlery.
  • In May 2020, a company known as BALIISM, has launched bamboo cutlery set to reduce the amount of disposable cutlery garbage.

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Key Companies Profiled

  • Huhtamaki Group Oyj
  • Eco-gecko Products Inc.
  • Dinearth Eco Friendly Tableware
  • Greenwood (Dalian) Industrial Co., Ltd.
  • Bambu LLC
  • Eco-gecko Products Inc.
  • Vegware Ltd.
  • Biotrem
  • Bio Futura B.V.

Wooden Cutlery Market by Category

By Product:

  • Spoon
  • Fork
  • Knife

By End:

  • Food Service Outlets
    • Hotels
    • Restaurants & Cafes
    • QSR
  • Institutional
    • Cinemas
    • Catering
    • School & Offices
    • Hospitals
  • Household Use

By Sales:

  • Direct Sales
  • Distributors
  • Retailers
    • Hypermarkets
    • Supermarkets
    • Convenience Stores
    • Specialty Store
    • Discount Stores
  • E-retail

By Region:

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

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-7605

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Wooden Cutlery industry?

(2) Who are the leading players functioning in the Global Wooden Cutlery marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Wooden Cutlery industry?

(4) What is the competitive situation in the Global Wooden Cutlery market?

(5) What are the emerging trends that may influence the Global Wooden Cutlery market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global Wooden Cutlery industry?

(8) Which region is lucrative for the manufacturers?

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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.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

Polypropylene Packaging Films Market sales will increase at 6.5% CAGR between 2021 and 2031

Worldwide sales of polypropylene (PP) packaging films reached ~ 13.2 Mn tons in 2021, unveils the new research study by Future Market Insight (FMI). According to the report, the polypropylene packaging films market is estimated to grow by ~ 5.9% YOY in 2021, primarily influenced by the recent reforms coming into fore in the global packaging landscape.

According to the report, increasing focus on sustainable and cost-effective packaging formats is contributing to the build-up of polypropylene packaging films market through 2031. Consumer proclivity for recyclable formats, combined with exceptional strength and durability, will also continue to provide a fillip to sales of polypropylene packaging films in 2021 and beyond.

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As flexible packaging continues to steal the spotlight, it is highly likely that a multitude of opportunities will be created for the key market players in the near future.

Flexible packaging is seeing an unprecedented growth in demand, with sustainability concerns and progressive economies collectively upholding the visibility of these formats. With convenience coming up as one of the key considerations, sales of flexible packaging forms are set for a massive upswing over the years to come.

According to the FMI report, end users will continue to markedly prefer for films with thickness in the range of 18 to 50 microns, with global sales poised to reach ~ 5,100. Demand for films with a thickness range of 51 to 80 micron is estimated to shoot up by the end of 2031, as end users seek user-friendly formats that are less vulnerable to external damage. Sales of BOPP type of polypropylene packaging films have been, and will continue to remain bullish, reveals FMI’s study.

Demand for BOPP type will majorly be driven by their moisture-resistant abilities and barrier properties, and will further be upheld by their surface gloss and transparency attributes. While clear films evidently stand out in terms of being the most ‘sought-after’ film types, end users are developing a fad for metallized films that would help them create visual cues favorable for their brands.

Market Players to Double Investments in East Asia 

Food & beverages will continue to sustain high demand for PP packaging films, finds the report. In the food and beverage landscape wherein a wide range of products and their complex specifications call for flexible packaging formats, such as polypropylene packaging films. On account of properties such as high chemical resistance, low odor, and exceptional inertness, PP packaging film grades have marked their space in the food & beverage packaging space.

According to the study, growth opportunities for the polypropylene packaging films market players are picking pace in East Asia, owing to profound growth of the regional industrial ecosystems such as food & beverages, pharma, and others.

Newer opportunities blooming in the East Asia polypropylene packaging films market are set in motion by the growing middle-class population, who have utmost contribution to the economy build-up across these regions.

FMI’s business intelligence also underlines groundbreaking insights into the competitive scenario of polypropylene packaging films market along with highlights of the manufacturers’ differential strategies. Key players in the polypropylene packaging films market will continue to draw upon the global sustainability drive by including ‘green’ offerings in their existing portfolios, which is likely to help them enhance customer confidence.

For instance, Mondi plc.- an international packaging and paper group- made an official announcement that its coex PP food packaging film grades have been certified as ‘recyclable’. According to the report, the manufacturers are also focusing on implementation of new enterprise resource planning (ERP) systems that would not only help in curbing operational costs but also fine-tuning efficient utilization of resources.

This study forecasts ~6.5% CAGR for the PP packaging films market through 2031, and underlines key opportunities in the market during the projection period.

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Key Segment

By Product Type:

  • BOPP
  • CPP

By Film Format:

  • Clear Films
  • Coated Films
  • Matte Films
  • White Films
  • Metallized Films

By Thickness:

  • Up to 18 micron
  • 18 to 50 micron
  • 51 to 80 micron
  • Above 80 micron

By Application:

  • Bags & Pouches
  • Lamination
  • Tapes
  • Labels
  • Wraps
  • Others

By End Use:

  • Food & Beverages
  • Personal Care & Cosmetics
  • Electric & Electronics
  • Industrial
  • Pharmaceuticals & Medical
  • Tobacco
  • Others

By Region:

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

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Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Polypropylene Packaging Films industry?

(2) Who are the leading players functioning in the Global Polypropylene Packaging Films marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Polypropylene Packaging Films industry?

(4) What is the competitive situation in the Global Polypropylene Packaging Films market?

(5) What are the emerging trends that may influence the Global Polypropylene Packaging Films market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global Polypropylene Packaging Films industry?

(8) Which region is lucrative for the manufacturers?

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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.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

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
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Stretch Hood Films Market New Technological Development Projecting Massive Growth till 2031

Stretch wraps or shrink films can prove inefficient in protecting the packages completely. As a result, an increasing number of manufacturers are inclined towards automation and reducing labor work as much as possible. As per a new study by Future Market Insights (FMI), this will enable growth in the stretch hood films market, which is expected to surpass US$ 767.9 Mn by 2022.

In some countries lack of labor is one of the key factors which makes automation a more efficient solution in the long run. Furthermore, unlike stretch wraps and shrink wraps, stretch hood films provide all surface protection. Stretch hood films are gaining traction among the end users as they do not require separate heating unit like shrink films when combined with the stretch hood wrappers. Thus, they save consumables and energy which are essential in heat shrink systems. Therefore, stretch films are predicted to hold a major pie in the global packaging market in near future.

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Besides this, stretch hood film provides improved quality of wrapping. It gives a perfect presentation to the wrapped products eliminating the appearance of folds and creases which is common in shrink wrapping. Most of the consumers are gradually shifting to stretch hood films from tradition packaging and wrapping approaches as these films gives enhanced aesthetic looks, transparency, and gloss to show the contents of the load.

Stretch hood packaging offers great efficiency for securing pallet unit loads. Products packaged with stretch hood films enable maximum coverage as the package is covered horizontally and in transverse directions as per the packaging application.

Who is Winning?

  • Sigma Plastics Group,
  • Coveris Holdings S.A.,
  • Novolex Holdings, Inc.,
  • AEP Industries Inc.,
  • Integrated Packaging Group Pty Ltd,
  • Trioplast Industrier AB,
  • Muller Load Containment Solution,
  • RKW Group,
  • Muraplast d.o.o.,
  • Thrace Synthetic Packaging Limited,
  • Rosenflex(UK) Limited,

Manuli Stretch S.p.A, Shields Bag and Printing Co., UAB Umaras, Gebr Duerrbeck Kunststoffe Gmbh Limited, Aalmir Plastic Industries and NPF Polyfilms Pvt Ltd are prominent players in the stretch hood films market. The stretch hood films market is fragmented and the key players in the market hold 15–20% share in the global stretch hood films market.

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Polyethylene stretch hood films are highly sought-after. As per FMI, polyethylene will be used in the production of nearly 70% of stretch hood films produced through 2031. Among end users, the demand from the construction sector also is expected to rise in the coming years.

Key Takeaways of Stretch Hood Films Market Study

  • Stretch hood films sales are poised to surge, enabling the market exhibit 2.8% y-o-y growth in 2021, after a period of setback in 2020
  • With manufacturing rising consistently, coupled with the demand for advanced packaging solutions, the U.S. will account for over 88% of sales in North America
  • While 2020 proved uneventful, the U.K. market will register a positive 3.7% y-o-y growth in 2021
  • Expansion of construction sector will fuel demand for stretch hood films in Japan and South Korea
  • South Korea will exhibit higher rate of growth yet China will remain the dominant market for stretch hood films in East Asia

 “Closed film hoods lead to better theft protection compared to stretch wrapping. Stretch hood films further prevent dirt and moisture from damaging the products during loading and shipment.” says an FMI analyst.

Stretch Hood Films Find Application in Diverse Industries

Stretch hoods machine is one of the latest palletizing technology and offers benefits when compared to other palletizing methods. In recent times, stretch hood films manufacturers have not only improved the packaging technique and quality, but also emphasized on the quality of raw materials used to enhance performance. Stretch hood films manufacturers are continuously working on production of stretch hood films with more elasticity and reduced thickness.

Using stretch hood films reduces plastic consumption by 20%-30% as compared to shrink hoods or stretch film. It encourages manufacturers to grab this opportunity and innovate products which are less harmful to the environment. These films can be recycled easily so it drastically brings down the recycling cost.

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Increasing opportunities created by innovative product offerings are anticipated to induce established players to invest in research and development activities to further improve performance of stretch hood films. Increased load stability and elasticity of stretch hood films has created lucrative opportunity for the manufacturers of stretch hood films to cater multiple end use industries such as food & beverage, textile, shipping and construction among others.

Impact of COVID-19 on Stretch Hood Films Market

E-commerce and cargo shipments have been transporting huge number of products. Stretch hood films ensure load stability for transportation at the same time provide total visibility to the contents of a pallet. In the recent years, logistics industry has gained prominence due to rising technology. However, the outburst of COVID-19 pandemic has turned the normal functioning of the logistics sector.

Sudden drop in consumer demand created an immediate impact on shipping and port operations activity levels and altered corporate strategies. Lockdown across multiple geographies led to port congestion and reduced demand of stretch hood films from logistics industry. Trends in industry such as food & beverage and medical products confirmed resilience for demand of basic goods, which had continuous demand for packaging of goods.

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Stretch Hood Films industry?

(2) Who are the leading players functioning in the Global Stretch Hood Films marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Stretch Hood Films industry?

(4) What is the competitive situation in the Global Stretch Hood Films market?

(5) What are the emerging trends that may influence the Global Stretch Hood Films market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global Stretch Hood Films industry?

(8) Which region is lucrative for the manufacturers?

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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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BOPET Packaging Films Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2029

The global BOPET packaging films market is projected to increase from a valuation of US$ 6.8 Bn in 2022 to US$ 9.9 Bn by 2029.

Future Market Insights delivers vital insights on the BOPET packaging films market, in its published report titled, ‘BOPET Packaging Films Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029’. In terms of revenue, the global BOPET packaging films market is projected to expand at a CAGR over 5.5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

The global BOPET packaging films market has been segmented on the basis of thickness, applications, and end-use industries. The global BOPET packaging films market is expected to expand 1.8x in terms of market volume by the end of 2029.

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BOPET Films Gaining Ground in High-quality Graphic Packaging Applications

BOPET packaging films are oriented films, predominantly used in the packaging of products in various end-use industries such as food & beverages, electrical & electronics, pharmaceuticals, and cosmetic & personal care products, among others. BOPET packaging films cater to a wide range of applications. These films can be used for manufacturing bags & pouches, wraps, laminates, labels & tapes.

Food remains the most prominent end-use industry for BOPET packaging films. Packaging of fresh produce, meat, confectionery, and dairy products all use BOPET packaging films. BOPET packaging films remain stable through printing and laminating processes. This makes them desirable for high-quality graphic packaging applications.

Competition in Asia’s BOPET Films Market Pacing

Geographically, East Asia holds more than one-fourth of the global BOPET packaging films market and is expected to maintain its prominence in the global market. China is one of the leading producers & consumers of BOPET packaging films and accounts for more than one fifth of the global market. Among the South Asian countries, India has emerged as one of the key markets for BOPET packaging films.

Key players in the Asian market such as Jindal Poly Films, Uflex Ltd., Polyplex Corporation Ltd., and others are expanding their production capacities to keep pace with the global demand. Owing to the presence of several organized & unorganized players, the Asian BOPET packaging films market has emerged as a highly competitive market and is expected to expand at a substantial rate during the forecast period.

Which Region Holds High Revenue-Generating Opportunities for BOPET Packaging Film Suppliers?

“Rise in Demand for Flexible Food Packaging Films Driving Market Expansion in Europe”

Europe represents a significant incremental opportunity for BOPET packaging film suppliers. This can be attributed to growing demand for packaged & processed food in the region. Excellent sealing properties and heat resistance make flexible food packaging films a preferred choice for manufacturing labels & tapes.

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Competitive Landscape

The global BOPET packaging films market is considered a fragmented space due to the presence of several regional players. Leading manufacturers of BOPET packaging films are enhancing their production capacities and investing in their existing production facilities to strengthen their foothold in the global market.For instance,

  • In February 2020, Jindal Poly Films sanctioned US$ 99.4 Mn investment for the development of its company’s activities in India, including the addition of a BOPET film line and BOPP film line.

Key Segments of BOPET Packaging Films Industry Survey

BOPET Packaging Films Market by Thickness:

  • Below 15 Micron BOPET Packaging Films
  • 15-30 Micron BOPET Packaging Films
  • 30-50 Micron BOPET Packaging Films
  • Above 50 Micron BOPET Packaging Films

BOPET Packaging Films Market by Application:

  • Labels
  • Tapes
  • Wraps
  • Bags & Pouches
  • Laminates

BOPET Packaging Films Market by End-use Industry:

  • Food
    • Meat
    • Fresh Produce
    • Confectionery
    • Dairy
    • Others
  • Beverages
  • Cosmetics & Personal Care
  • Electrical & Electronics
  • Pharmaceuticals
  • Other Industrial

BOPET Packaging Films Market by Region:

  • North America BOPET Packaging Films Market
  • Latin America BOPET Packaging Films Market
  • Europe BOPET Packaging Films Market
  • East Asia BOPET Packaging Films Market
  • South Asia & Pacific BOPET Packaging Films Market
  • Middle East & Africa (MEA) BOPET Packaging Films Market

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Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global BOPET Packaging Films industry?

(2) Who are the leading players functioning in the Global BOPET Packaging Films marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global BOPET Packaging Films industry?

(4) What is the competitive situation in the Global BOPET Packaging Films market?

(5) What are the emerging trends that may influence the Global BOPET Packaging Films market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global BOPET Packaging Films industry?

(8) Which region is lucrative for the manufacturers?

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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.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Medical Device Packaging Market to grow at a CAGR of 5.3% and reach US$ 48.1 Billion in 2027

The adoption of medical device packaging solutions has witnessed a substantial rise, due to the rise in demand for flexible packaging and microbial packaging worldwide. Additionally, increasing efforts by governments in various countries, especially in developing regions such as South and East Asia, to provide basic healthcare facilities to the middle-class group is estimated to create substantial demand for the medical device packaging solutions.

Moreover, the rising demand for monitoring & diagnostic equipment to treat severe chronic diseases globally is contributing to the market growth of medical device packaging.

The medical device packaging market is anticipated to register an impressive CAGR of 5.3% annually through 2027.

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Key Takeaways of Medical Device Packaging Market Study

By application, disposable consumables are anticipated to capture nearly half of the market share during the next eight years. The rapidly rising demand for medical device packaging solution to pack and seal variety of disposable consumables such as needles, syringes, and wraps contributes significantly to the market growth.

Bags & pouches and clamshell blister packs are projected to dominate the global device packaging market and hold nearly 2/3rd portion of the market share at the end of 2027.

By raw material segment, Polyethylene (PE) plastic enjoys a consistent demand for manufacturing medical device packaging solutions, owing its key benefits such as pricing efficiency, light weight, and recyclability.

North America and Europe are expected to account for a significant portion of the medical device packaging market share. Rapid expansion of healthcare industry in these regions is driving the growth of medical device packaging market in these regions.

“Manufacturers of medical device packaging can achieve significant profits by targeting APEJ and Europe regions, attributable to the rising demand for flexible medical packaging solutions in diagnostic centers, hospitals, and research institutes in these regions,” says FMI analyst.

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Green Packaging Gaining Traction in Medical Device Packaging Market

Prominent medical device packaging manufacturers are recognising the necessity of sustainable and cost effective packaging solutions. Prominent manufacturers across the globe have already shifted their focus towards sustainable packaging, especially towards flexible packaging, to reduce the carbon footprints released by various medical device packaging solutions. Along with that, the rising trend of “green design packaging”, especially in the healthcare and pharmaceuticals industry, is ultimately contributing to the growth of the medical device packaging market. Moreover, these leading medical device packaging manufacturers are enhancing its manufacturing capabilities by expanding production units.

For Instance, April 2022, Amcor plc., launched AmLite, an ultra-recyclable and high-barrier flexible packaging solution for the pharmaceuticals and healthcare industry. The company reports that this newly developed packaging solution can reduce a pack’s carbon footprint by up to 64%.
For instance, In November 2022, Nelipak Corporation, another manufacturer of medical device packing has expanded its manufacturing operations in Humacao, Puerto Rico. This enabled the company to strength its manufacturing capabilities and effectively cater to the end user demand.

About The Medical Device Packaging Market Report
Future Market Insights, in its new offering, offers an unbiased analysis of the global medical device packaging market, analyzing historical demand from 2012-2021 and forecast statistics for 2022-2027. The study provides growth projections on the medical device packaging market on the basis of packaging type (bags & pouches, containers, trays, stick packs, clamshell blister packs, boxes and other (flow wraps etc.), raw material (PE (HDPE, LDPE & LLDPE), PET, PP, PS, PVC, aluminium, glass, paper laminates, fabric and others (PLA, PHA etc.), application (disposable consumables, monitoring & diagnostic equipment and therapeutic equipment), end user (medical manufacturing, contract packaging and others), across seven regions.

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Key Segments Covered in Medical Device Packaging Industry Research

Medical Device Packaging Market by Packaging Type:

  • Bags & Pouches
  • Containers
  • Trays
  • Stick Packs
  • Clamshell Blister Packs
  • Boxes
  • Others (Flow Wraps etc.)

Medical Device Packaging Market by Raw Material:

  • PE
    • HDPE
    • LDPE
    • LLDPE
  • PET
  • PP
  • PS
  • PVC
  • Aluminium
  • Glass
  • Paper Laminates
  • Fabric
  • Others (PLA, PHA etc.)

Medical Device Packaging Market by Application:

  • Disposable Consumables
  • Monitoring & Diagnostic Equipment
  • Therapeutic Equipment

Medical Device Packaging Market by End-user:

  • Medical Manufacturing
  • Contract Packaging
  • Others

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Medical Device Packaging industry?

(2) Who are the leading players functioning in the Global Medical Device Packaging marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Medical Device Packaging industry?

(4) What is the competitive situation in the Global Medical Device Packaging market?

(5) What are the emerging trends that may influence the Global Medical Device Packaging market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global Medical Device Packaging industry?

(8) Which region is lucrative for the manufacturers?

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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 5-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/medical-device-packaging-market
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Active, Smart and Intelligent Packaging Market Size, Share 2027 : Present Scenario and Growth Prospects

The global packaging industry has witnessed rapid innovations in the last few years owing to rising consumer preferences for advanced packaging solutions. To cater to frequently changing consumer expectations, manufacturers of packaging products are deploying active, smart, and intelligent packaging solutions to increase product shelf life and offer better value to consumers.

In a new report titled ‘Active, Smart, and Intelligent Packaging Market: Global Industry Analysis (2012 – 2021) & Opportunity Assessment (2022 – 2027),’ Future Market Insights studies the global active, smart, and intelligent packaging market and presents value and volume projections for a 10 year period from 2022 to 2027.

The report also presents in-depth insights on the various forces likely to impact market revenue growth in the coming decade. According to the report, the global active, smart, and intelligent packaging market is estimated to be valued at US$ 27.1 Bn in 2022 and this is expected to increase to US$ 43.3 Bn by the end of 2027, growing at a CAGR of 9.8% over the forecast period.

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Global Active, Smart, and Intelligent Packaging Market: Dynamics

Growth fuelling aspects: Increasing consumer preference for products with longer shelf life and case-ready meals, significant changes in consumer preferences, and a highly regulated and controlled packaging industry is anticipated to boost revenue growth of the global active, smart, and intelligent packaging market.

Revenue inhibiting factors: Strict compliance with stringent packaging laws, absence of appropriate technology, a no ‘positive list’ system, lack of key regulations, and heavy dependence on imports is expected to stifle global market revenue growth over the forecast period.

Future market trends: Increasing mergers and acquisitions, especially in the North America market, introduction of inks capable of responding to temperature changes, and the use of active, smart, and intelligent packaging to tackle the issue of counterfeits is currently trending the global market.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Packaging Type

The global market for active, smart, and intelligent packaging is segmented on the basis of packaging type into Active Packaging (O2 Scavenging Sachets, MAP) and Smart & Intelligent Packaging (TTI Labels, Freshness Indicators, RFID Tags).

The Active Packaging segment is expected to grow by almost 2X times over the forecast period, with an estimated value share of more than 65% by the end of 2027. This segment is expected to represent the highest incremental opportunity of US$ 17,111.9 Mn over the forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Application

The global active, smart, and intelligent packaging market is segmented on the basis of application into Food & Beverage (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Bakery & Confectionary, Processed Food, Others), Pharmaceuticals, Cosmetics, and Others.

The Food & Beverage segment is expected to be the largest, with an estimated market share of just under 45% by the end of the forecast period in 2027. The Food & Beverage segment is expected to expand by 2.5X times by the end of forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Region

The global active, smart, and intelligent packaging market is distributed across the key geographies of North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. North America and Western Europe currently lead the global market in terms of market share, both regions holding about 25% value share each of the global market as on date.

However, North America is expected to beat Western Europe towards the close of 2027 with a market share of just under 26%, while Western Europe will account for 21% value share by the end of the forecast period. APEJ is likely to emerge a surprise contender for second position in the global market by the end of 2027, closely behind Western Europe. The APEJ regional market will witness a massive increase of 550 basis points in market share in 2027 over 2022.

Global Active, Smart, and Intelligent Packaging Market: Competitive Intelligence

The report profiles some of the leading players in the global active, smart, and intelligent packaging market the likes of PakSense, Inc., Landec Corporation, Sealed Air Corporation, Bemis Company, Inc., Crown Holdings, Inc., Amcor Limited, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC, Thin Film Electronics ASA, CCL Industries Inc., Temptime Corporation, Multisorb Technologies, Inc., and Coveris Holdings S.A.

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Key Takeaways from Molded Fiber Pulp Packaging Market

  • Trays are estimated to hold more than 34% of the market share by 2031, owing to wide scope of applications and superior durability.
  • In North America, the U.S. has emerged as a mature market owing to the presence of major food & beverage manufacturers. It will register incremental opportunity of US$ 774.1 Mn.
  • Transfer molded pulp products are expected to expand at a CAGR of 5.4%. This pulp type offers manufacturers a better recyclable and responsible alternative to plastic.
  • China leads Asia Pacific excluding Japan and is expected to reach a valuation of US$ 2.2 Bn in 2031.
  • The U.K. will dominate Europe, surpassing Germany to reach 21% of the value share by 2031. Growth in the U.K. will be supported by investments in research, and positive prospects for imports.

 “The global molded fiber pulp packaging market is driven by surge in demand for sustainable packaging solutions with protective packaging characteristics. These solutions also are considered ideal for logistics and transport,” says an FMI analyst.

Stringent Regulations Will Support Molded Fiber Pulp Packaging Sales

As concerns regarding packaging waste continue to soar, regulatory bodies have implemented stringent measures to curb the use of single-use plastic. This has proven to be a boon for the molded fiber packaging industry.

Manufacturers are discouraging the use of foam (EPS) in a variety of food and food service packaging services. Nearly a dozen U.S. cities including Washington DC, Seattle, and New York, have banned or taxed the use of polystyrene single-use products.

Thus, the molded pulp packaging industry is projected to have robust growth in these markets as regulatory bodies continue to discourage single-use plastics.

Who is Winning?

Leading players in the molded fiber pulp packaging market are largely focused on production development and capacity expansion strategies. Key players contribute approximately 20-30% of the global market.

Top players include but are not limited to Huhtamaki Oyj., Pactiv LLC, Brodrene Hartmann A/S, Henry Molded Products, Inc., ESCO Technologies Inc., UPF Technologies, Inc., ProtoPak Engineering Corporation and Celluloses De La Loire are the top players operating in the Molded Fiber Pulp Packaging market..

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Molded Fiber Pulp Packaging Market by Category

By Product Type:

  • Trays
  • Drink Carriers
    • 2 Cups
    • 4 Cups
    • 6 Cups
    • More than 8 cups
  • Boxes
  • End Caps
  • Plates
  • Bowls
  • Cups
  • Clamshell Containers

By Molded Pulp Type:

  • Thick wall
  • Transfer Molded
  • Thermoformed Fiber
  • Processed Pulp

By Application:

  • Primary Packaging
  • Secondary Packaging
  • Edge Protectors

By End Use:

  • Consumer Durables
    • Mobile Phone
    • Television
    • Laptops
    • Tubelight & Bulbs
    • Other
  • Food & Beverage
    • Egg Packaging
      • 4 Eggs
      • 6 Eggs
      • 12 Eggs
      • 24 Eggs
      • More than 30 Eggs
    • Wine Packaging
      • 375 ml
      • 750 ml
      • 1.5 liters
      • More than 3 liters
    • Fruit Packaging
    • Others
  • Cosmetics
  • Food Services
  • Healthcare
  • Automotive
  • Logistics
  • Others

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Active, Smart and Intelligent Packaging industry?

(2) Who are the leading players functioning in the Global Active, Smart and Intelligent Packaging marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Active, Smart and Intelligent Packaging industry?

(4) What is the competitive situation in the Global Active, Smart and Intelligent Packaging market?

(5) What are the emerging trends that may influence the Global Active, Smart and Intelligent Packaging market growth?

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https://writeablog.net/nk99fmi/clamshell-packaging-market-overview-data-updates-reports-analysis-and-forecast

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.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

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

 

Kraft Liner Market Future Analysis, Demand by Regions and Opportunities with Challenges 2029

The global Kraft Liner Market is walking down the path of progression. It is bound to be worth US$ 20.7 Bn by the year 2029 at a CAGR of 1.7% between 2022 and 2029.

Increasing demand for plastic-free packaging solutions from food and retail industries is anticipated to contribute to the growth of the global Kraft Liner Market over the next decade. Moreover, paper and paperboard are anticipated to be the future of the packaging industry, owing to the negative perception of plastic across the globe.

Applications of kraft liner and test liner solutions are expected to increase over the forecast period, attributable to the ban on single-use plastic by governments in various countries, which is anticipated to motivate large brands and companies to use alternatives to plastic-based packaging in the foreseeable future.

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Key Takeaways of Kraft Liner Market Study

  • Due to growing demand for packaged food across the world, food grade kraft liners are estimated to hold the largest market share during 2022-2029.
  • Increasing demand for high strength and printable packaging solutions from large- to medium-scale enterprises is expected to offer lucrative opportunities to manufacturers offering bleached kraft liner solutions in the next decade.
  • Corrugated boxes is estimated to be the leading segment in terms of application of kraft liner solutions, and is projected to remain the leading segment over the forecast period.
  • e-Commerce end use is projected to witness fast-paced growth, owing to the high demand for kraft liner solutions from this industry, followed by electrical and electronics packaging.
  • High growth in the manufacturing & retail sector, and increasing disposable income of consumers in China and India, make this region lucrative for investments. Manufacturers in the kraft liner market can focus on acquisitions and expansion in this region to improve their market share.

Product Launch – Key Strategy of Manufacturers in Kraft Liner Market

Key manufacturers in the kraft liner market are focusing on product launches, divestiture, and capacity expansion. Leading players are also focusing on the development of innovative packaging formats using kraft liners, which can be an efficient replacement for plastic packaging solutions.

  • In March 2022, WestRock Company introduced new coated paper in response to the premiumization trend followed by the manufacturers of consumer and luxury goods.
  • In October 2022, DS Smith Plc provided the Retail Ready Packaging (RRP) solution to Morrisons’ Best Bacon sizzles.

Future Market Insights, in its new report, offers an unbiased analysis of the global kraft liner market, analysing historical demand from 2014-2021 and forecast statistics for 2022-2029. The study offers growth projections of the kraft liner market on the basis of product (bleached and unbleached), basis weight (below 200 GSM, 200-400 GSM, and above 400 GSM), application (corrugated sheets, corrugated boxes, and container boards or solid boards), and end use (food {processed food, fresh produce, dairy products, food grains, confectionery & bakery, and other foods}, beverages {alcoholic and non-alcoholic}, electrical & electronics (industrial and consumer), healthcare, tobacco, automotive & allied industries, e-Commerce, chemicals & fertilizers, building & construction, and others), across seven major regions.

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Key Segments Covered in Kraft Liner Industry Research

Kraft Liner Market by Product

  • Unbleached
  • Bleached

Kraft Liner Market by Basis Weight

  • Below 200 GSM
  • 200-400 GSM
  • Above 400 GSM

Kraft Liner Market by Application

  • Corrugated Sheets
  • Corrugated Boxes
  • Container Boards or Solid Boards

Kraft Liner Market by End use

  • Food
    • Processed Food
    • Fresh Produce
    • Dairy Products
    • Food Grains
    • Confectionery & Bakery
    • Other Foods
  • Beverages
    • Alcoholic
    • Non-alcoholic
  • Electrical & Electronics
    • Industrial
    • Consumer
  • Healthcare
  • Tobacco
  • Automotive & Allied Industries
  • e-Commerce
  • Chemicals & Fertilizers
  • Building & Construction
  • Others

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Kraft Liner Market by Region

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

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Kraft Liner industry?

(2) Who are the leading players functioning in the Global Kraft Liner marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Kraft Liner industry?

(4) What is the competitive situation in the Global Kraft Liner market?

(5) What are the emerging trends that may influence the Global Kraft Liner market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global Kraft Liner industry?

(8) Which region is lucrative for the manufacturers?

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