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Driven by moving buyer inclination from customary packaging items to stand-up pockets and re-closable packaging, the flexible plastic packaging market is estimate to arrive at valuation of US$ 98 Billion toward the finish of 2021, tracks down Future Market Insights (FMI) in a review

The flexible plastic packaging market with its material portion, item fragment, and packaging section will produce deals of over 33.6 million tons in 2021, as per the yearly market examination led by Future Market Insights.

Rising urbanization and occupied way of life have energized the interest for helpful and quick food sources, consequently prompting expansion sought after for flexible packaging. These packaging arrangements are liked over hard packaging as they require less energy for creation, consume restricted assets, promptly accessible and are helpful to store and utilize.

Customers are moving towards purchasing bundled and handled food things as opposed to utilizing conventional way to deal with planning feasts in this manner helping the interest for flexible plastic packaging.

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The Natural Resources Defense Council announced that Americans squander in excess of 400 pounds of food for each individual consistently. The squandered food brings about creating contamination identical to 37 million vehicles each year.

Flexible plastic packaging is arising as a critical answer for stay away from food wastage as it further develops timeframe of realistic usability of the item as well as makes high hindrance lessening the tainting of food. This strategy decreases the putting away and transporting costs. These variables will decidedly impact the deals of flexible plastic packaging.

Expanding government financing towards creating bio-plastics and further developing the reusing framework for effective handling along developing mindfulness among shoppers in regards to the utilization of manageable packaging will help the flexible plastic packaging market development in impending years.

Flexible plastics packaging is supplanting unbending packaging attributable to its most noteworthy manageability advantages and Superior quality to give on the way security to items. Expanding center by market players around changing over old packaging into new packaging designs, or a large group of different items will set out open doors for market development over the figure period

Key Takeaways from FMI’s Flexible Plastic Packaging Market Study

• North America flexible plastic packaging market will grow at 3.0% CAGR during the assessment period owing to thriving e-commerce industry and increasing demand for convenient packaging solutions from restaurants and food services.
• Europe market will exhibit a growth rate of 2.6% CAGR from 2021 to 2031, driven by increasing research on developing flexible bio-plastics and elevated export and production of flexible plastic packaging in the region.
• Japan will hold more than 14% of the East Asia market in 2021, backed by increasing development in recycling infrastructure and limited usage of non-biodegradable plastics in the country.
• Polylactic acid (PLA) bioplastics are gaining traction owing to their superior durability, recyclability and lightweight nature. The segment is predicted to expand by 1.11x of its current valuation over the assessment period.
• General barrier packaging will account for more than 80% of the global market share by the end of 2031. Increasing demand for safe and sterile packaging options for packing vegetables and fruits will be the key growth driver.

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“Rising usage of flexible plastic packaging in online retail and e-commerce industry and increasing consumer reliance on online delivery of essential products especially during pandemic will drive the flexible plastic packaging market growth over the forecast period,” says the FMI analyst.

Competitive Landscape

Leading market players are focusing on new product development to expand their product portfolio and penetrate new markets. They are also working towards devising new methods for sustainable packaging to gain the competitive edge in flexible plastic packaging market.

For instance, in 2021, ThyssenKrupp’s plant engineering business won another order to construct a new bioplastics plant in South China. The plant will be based on patented PLAneo technology and is predicted to produce 30,000 tons of polylactide (PLA) annually.

In January 2021, Yum China which holds mahor stakes in leading fast food joints in China launched plastic reduction and sustainable packaging initiatives and aims to 30% reduction non-degradable plastic packaging weight in next five years.

Prominent players operating in the flexible plastic packaging market are:-

• Amcor Plc
• Sealed Air Corporation
• Berry Global Inc
• Winpak Ltd.
• Sonoco Products Company

More Insights On The Global Flexible Plastic Packaging Market

In its latest report, FMI offers an unbiased analysis of the global flexible plastic packaging market, providing historical data for the period of 2018-2028 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of material type (oil base polymers and bio-plastics), product type (pouches, bags & sacks, tubes, sleeve labels, and films & wraps), packaging type (VSP (vacuum skin packaging), MAP (modified atmospheric packaging), and general barrier), end use (food, beverages, personal care, homecare, pharmaceuticals, industrial packaging, and others), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).

About Us

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

Contact:

Future Market Insights Inc.

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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The global bundling machine market size is expected to be valued at US$ 3.7 Billion in 2022 and US$ 6.9 Billion in 2032. It is set to exhibit growth at a CAGR of 10.4% in the forecast period from 2022 to 2032. The ongoing development of numerous automation techniques owing to the integration of upstream manufacturing processes and packaging machines is likely to push the sales of bundling machines in the evaluation period.

Bundling machines are specially used for the packaging of a wide range of products in one wrap. Various types of bundles are utilized in these machines, including shrink films, stretch films, and films made from cast or blown films.

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These can also be multi-layer or mono layer films, which are often used as per the barrier or strength required in a particular packaging process. The emergence of the Overall Equipment Effectiveness (OEE) technique and lean packaging operation is expected to augur well for the global bundling machine market growth in the forthcoming years.

The standardization of machinery is set to become an easy task with the introduction of lean packaging operation. It provides a wide range of benefits, such as ease of maintenance and troubleshooting. The flourishing e-commerce sector and the high demand for packaged food and beverages across the globe are two of the major factors that are estimated to drive the market.

Which are Some Prominent Drivers Spearheading Bundling Machine Market Growth?

The increasing usage of bundling machines for several types of applications, such as containers, plies, cartons, corrugated boxes, and other packages is estimated to bode well for the market. The ability of these machines to surge the convenience, as well as the overall efficiency of the shipping of products is also set to accelerate the bundling machine market size.

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These machines enable bulk storage of products, thereby reducing the cost. The rising utilization of these machines for wrapping purposes by those manufacturers who prefer the functionality of packaging more than its appearance is estimated to augment the market.

What are the Challenges Faced by the Bundling Machine Industry?

The increasing usage of strapping machines can result in the declining demand for bundling machines across the globe in the upcoming years. These machines are set to be increasingly used for handling aids, load security, bundling, and closing applications.

In addition, various emerging economies, such as Argentina and India are expected to face difficulties associated with the importing of packaging machinery owing to the imposition of taxes by custom duty. The high cost of these machines is likely to obstruct the growth in this market as many small-scale companies may not be able to afford them because of the lack of finances.

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Why is North America emerging as an Opportunistic Bundling Machine Market?

North America is anticipated to generate the largest bundling machine market share throughout the forthcoming years. The high demand for these machines in the beverage industry, especially in the U.S. is expected to push the market.

The increasing number of new beverage launches by key players and the rapid shift of consumers towards functional and organic beverages are likely to drive the market in North America. The expansion of the retail network is another vital factor that is set to positively affect the regional market.

How is Asia Pacific Contributing to Growth of the Bundling Machine Market?

The high demand for packaged consumer goods stoked by the surging household spending capacity and the ever-increasing population in India and China is expected to augment the Asia Pacific bundling machine market growth in the near future. The rapid expansion of the personal care and pharmaceutical sectors in this region is also projected to drive the market.

Favorable government policies related to energy savings and equipment upgradation, as well as improving standards of safety, food processing, and packaging technologies in multiple countries of Asia Pacific would bode well for the market. The surging demand for ready-to-eat meals owing to the fast-paced life in developing countries is another factor that is expected to propel the market.

Market Competition

Some of the leading companies present in the global bundling machine market are American Packaging Machinery, Inc., Mosca GmbH, Polychem Corporation, Cyklop Nederland B.V., Arpac LLC, Promach, Inc., EDL Packaging, Inc., Felins, Inc., and SS Automation & Packaging Machinery among others.

Majority of the manufacturers operating in the global market are focusing on the development of automatic bundling machines that can make various packaging procedures easy. Some of the other key players are aiming to come up with manual machines for meeting numerous customer requirements. Meanwhile, a few other firms are striving to broaden their pre-existing portfolios to generate more sales and attract a large customer base globally.

Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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The global perfume pack market is expected to reach US$ 2.3 Bn in 2022. With sales growing at a 4.7% CAGR over the forecast period, the market valuation is set to reach US$ 3.6 Bn by 2032.

Perfume packs are packaging solution made from glass or plastic material to fill, store, and deliver perfumes to end-users. Usually, glass is preferred to manufacture perfume packs as it protects the product from external environmental factors and provides excellent protection against oxygen-sensitive products such as phytochemicals and oils.

In addition to this, glass protects the perfume and its scent from direct sunlight. This helps in maintaining the product quality. The perfume contains certain chemicals which need to be protected against the external factors, therefore glass perfume packs are more preferred packaging solutions.

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Perfume packs are available in different capacities based on the requirement such as less than 10 ML, 10 ML – 50 ML, and above 50 ML. They can be customised in terms of shape and design. The customized size and design increase its use in luxury perfume packaging which creates opportunities for perfume pack manufacturers.

Also, product innovation by perfume manufacturers is driving the demand for more durable and attractive perfume packs. In addition to this, the emergence of small and medium perfume manufacturers across the globe will bolster sales of perfume packs.

“Increasing demand for decorative perfume packaging for improving brand image, along with growing preference for recyclable materials for perfume packaging will boost sales of perfume packs over the forecast period,” says an FMI analyst.

Key Takeaways:

* Based on the material, the glass segment is projected to hold around a 3/4th of the market share by the end of 2022.

* The preference for standard bottles creates a growth opportunity for the perfume pack market which is projected to be worth US$ 1.1 Bn during 2022-2032.

* As per the capacity segment, above 50 ML perfume pack are projected to hold around 65% of the market share by the end of 2032.

* The increasing perfume production and consumption in Europe and North America region is estimated to propel the demand for perfume packs in these regions.

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Competition Landscape

Gerresheimer AG, Berry Global Group, Amcor plc, Stölzle-Oberglas GmbH, SGB Packaging, Corpack GMBH, Aptar Group, and Alpha Packaging are the key players operating in the perfume pack market. Also, the other noticeable players include H&K Müller GmbH & Co. KG, Yonwoo C. Ltd., Quadpack, Plásticos FACA S.A, and others. Around 15-20% of the global perfume pack market is estimated to be covered by tier 1 players.

Perfume Pack Market By Category

By Material:

• Glass
• Plastic

By Product Type:

• Standard Bottles
• Pocket Spray Bottles
• Vials

By Capacity:

• Less than 10 ML
• 10 ML – 50 ML
• Above 50 ML

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

3. Market Background

3.1. Market Dynamics

3.2. Impact of Covid-19

3.2.1. Demand in Optimistic Scenario

3.3. Value Chain Analysis

3.3.1. Profit Margin Analysis

TOC Continued..

Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

About Us:

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

Contact:

Future Market Insights Inc.

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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The PS containers market size forecasted to register 8% CAGR during forecast period (2022-2032) and is projected to reach US$ 2.81 Billion by 2032.

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

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

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

PS containers are manufactured from finest quality foamed polystyrene which can turn into a multitude of shapes and configurations. PS Containers have excellent insulation properties and good thermal resistance making them highly suitable for packaging of both hot and cold foods.

Hot food packed in PS containers will stay warm and cold food will stay cold for a longer time. Hence, PS containers are widely used in the foodservice industry. PS containers are accessible in various product types such as bottles, jars, plates & bowls, trays, blisters & clamshell, and others.

Key PS Containers Market Takeaways and Projections

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

Competitive Landscape Analysis

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

It also provides a list of leading players and recent development in the global PS containers market. Some of the prominent market players are Tray-Pak Corporation, Alpha Packaging, Genpak, LLC, Sabert Corporation, Tecnowerk Plast SRL, Takween Advanced Industries, Alpha Packaging, TYH CONTAINER Enterprise Co., Ltd., Tekni-Plex, Dart Container Corporation.

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Key Segments Profiled in the PS Containers Market Survey

By Product:

• Bottles
• Jars
• Plates & Bowls
• Trays
• Blisters & Clamshell
• Others

By Application:

• Food
• Bakery & Confectionery
• Deli
• Produce
• Foodservice
• Frozen Food
• Medical
• Medical Device
• Pharmaceuticals
• Electricals & Electronics
• Cosmetics & Personal care
• Consumer Goods
• Others

Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
LinkedIn| Twitter| Blogs

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

In 2032, it is anticipated that the market for twist tie machines would be worth US$16.3 billion. The market for twist tie devices is expanding quickly.

According to FMI Analysts, the global market for twist tie machines is anticipated to reach US$ 9.54 billion in 2022 and is expected to grow at a CAGR of 5.45% from 2022 to 2032.

Twist Tie Machines Market: Overview

The technological innovations in-store or online, coupled with shifting demands of the consumer will reshape the future packaging industry. In the supermarkets or grocery stores, the demand for twist tie machines is rising exponentially. The widespread shopping of food including cereals, grains, beans and others are driving the demand for the twist tie machines globally. Twist tie machines ease the process to tie a knot of packages. Twist tie machines are globally accepted by almost all supermarket chains to enhance productivity. This machine works with plastic/paper standard twist tie ribbons, decorative twist tie ribbons and other types of ribbons. The twist tie machines are perfect for various applications including food, bakery & confectionery, wire harnessing & assembly and industrial. These machines can be automatic or semi-automatic as per the requirement of the customer. The outlook for the global twist tie machines is expected to be positive during the forecast period.

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Twist Tie Machines Market: Dynamics

he major reason for the growth of the global twist tie machines in the market is the amount of time it saves across the conveyor. In a production line, an employee who is not using the twist tie machine is much less efficient than the one who is using the twist tie machine in order to twist off the ties. The twist tie machines are available in different diameter for tying the different sized packages. Twist tie machines are not only manufactured for the supermarkets or grocery stores, but also for the food industries and warehouses where large volumes of packaging have been done. These factors are expected to drive the global twist tie machines market during the forecast period. Also, twist tie machines come with adjustable ribbon length, which ensures the economical use of ribbons. The twist tie machines have different operating speeds as per the requirement. They have an operating speed of 50 bags per minute to 200 bags per minute. The demand for the twist tie machines is continuously rising on the backdrop of rising establishments of supermarkets, grocery stores across the globe. These factors are expected to fuel the global twist tie machines market growth during the forecast period.

Regional Outlook

Asia region is expected to drive the demand for the twist tie machines market during the forecast period. It is owing to the establishment of supermarkets, malls, shopping complex and grocery stores in the region coupled with rapid globalization and industrialization across the countries such as India, China, Thailand, Malaysia, Singapore, and Indonesia among others. The region is closely followed by Europe and North America. The countries in these two regions are technologically advanced and were the first to adopt the twist tie machines. The U.S., Canada, Germany, Italy, France, the U.K., and Benelux among others have a high installed base of twist tie machines, attributed to the large pool of shopping complexes, hypermarkets, supermarket in the region. MEA region is expected to witness above-average demand for the global twist tie machines demand during the forecast period.

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Twist Tie Machines Market: Key Players

Some of the leading players operating in the global twist tie machines market are:

• Plas-Ties, Co.
• Tach-It
• Zhenjiang Hongda Commodity
• Kunshan Yuanhan Electronic Equipment
• Hughes Enterprises
• IPS Packaging
• International Plastics Inc.

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

Regions Included:

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

What is the Competition Landscape in the Twist Tie Machines Market?

Some of the leading companies operating in the global twist tie machines market include Plas-Ties, Co., Tach-It, Zhenjiang Hongda Commodity, Kunshan Yuanhan Electronic Equipment, Hughes Enterprises, IPS Packaging, International Plastics Inc.

In-store and online technological advances combined with changing consumer preferences are reshaping the future horticulture film market. The availability of twist tie machines in supermarkets andgrocery stores is rising exponentially. The prevalence of cereals, grains, beans and many other food items is driving the popularity of twist tie machines globally.

Twist tie machines can be ordered in various diameters to meet the different sizing needs of different packages. These machines are not only manufactured for supermarkets and grocery stores, but also for food industries and warehouses where large quantities of packaging are done.

Due to increasing establishment of supermarkets, grocery stores across the globe, demand for twist tie machines has steadily been rising, fueling market growth during the forecast period. Their operating speed ranges from 50-60 bags per minute.

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Key Segments Profiled in the Twist Tie Machines Market

By Machine Type:

• Automatic
• Semi-automatic
• Manual

By Operating Speed:

• Less than 50 bags/min
• 51 to 100 bags/min
• 101 to 150 bags/min
• 151 to 200 bags/min
• 200 bags & above

By Application:

• Food & Beverage
• Wire Harnessing
• Industrial
• Chemical
• Glass & Ceramics

By Region:

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

Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

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

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

Through 2032, it is anticipated that sales in the global multiflex tubes market would generate an absolute dollar potential of close to US$ 900 million, expanding at a CAGR of roughly 6% to 7%. In contrast to the US$ 1 Bn recorded in 2021, the demand for multiflex tubes is predicted to reach a value of US$ 1.9 Bn by the end of 2032.

Multiflex Tube Market: Dynamics

The fueling factors for driving the global market of multiflex tubes are providing non-toxic, dust and germ-free packaging for the product. These are unbreakable and offers counterfeit protection for the products due to the incorporation of holograms, RFIDs, and micro color codes. This leads to a potential increase in the demand of multiflex tubes in the market. The opportunities for the global multiflex tubes market are expected to grow exponentially on the backdrop of the increasing demand for pharmaceutical, cosmetic and personal care products. The changing packaging demand in food sector also grows the global market of multiflex tube in multiple. The trend of increasing priorities for flexible packaging over rigid packaging is more economical for transportation.

On the other hand, the market of multiflex tubes in the market might slow down due to alternate packaging solutions like collapsible aluminium tubes. However, multiflex tubes tend to suck back excess drugs withdrawn back in the tube. This helps to control wastage of product and gives added advantage over collapsible aluminium tubes. 

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Multiflex Tube Market: Regional Outlook

The multiflex tube market is growing parallel with the increase of pharmaceutical, cosmetic and personal care products. As per research, it is observed that the global market of cosmetics sales is increasing in the USA by approximately 15 to 16 %. Also in the European Union due to high economic growth rate and growing population, the cosmetic sales increases by approximately 20%. This will increase lucrative opportunities for the growth of the multiflex tubes market. Asia Pacific regions have the largest developing market for the pharmaceutical sector which further gives a positive impact on the growth of the multiflex tube market during the forecast period.  On the other side, the market growth in the Middle East and Africa will have a steady demand for collapsible aluminium tubes. The market demands of multiflex tube for oral care product approximately 48% during last year which is further increasing in the forecast period.

Multiflex Tube Market: Key Players

• Linhardt GmbH & Co. KG
• TUBAPACK, a.s.
• Blackstone Group
• Essel Propack Limited
• LAGEENTUBES
• ALLTUBE
• SelectPackaging Limited
• Auber Packaging Co., Ltd.
• Adelphi Healthcare Packaging
• InterPac International LLC.

Multiflex Tube Market: Recent Development and Trends

• Tubpack, a.s.is the first manufacturer of tube with Braille script for blind and poor blind people. The benefit of these tubes is all information is printed in Braille directly on the tubes which helps to eliminated additional packaging.
• In April 2019, Blackstone Group acquired majority stakes of Essel Propack Ltd.
• In February 2018, Berry Global received gold award for best sustainable laminated tube from Tube Council North America at 2017 Tube of the year award.
• LINHARDT received Tube of the Year award 2018 by European Tube Manufacturers Association for innovative packaging

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

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Regional analysis includes –

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

Key Segments Profiled in the Multiplex Tubes Market Survey

By Material:

• Aluminium
• Plastic
• Ethylene Inyl Alcohol (EVOH)
• Vacuum Metalized PET (VMPET)

By Product Type:

• Paperflex Tubes
• Metflex Tubes
• Metflex Light Tubes

By Closure Type:

• Cones
• Stand Up Caps
• Nozzle Caps
• Fez Caps
• Flip Top Caps
• Bubble Tube

By Capacity:

• Up to 10ml
• 11ml to 50ml
• 51ml to 100ml
• 101ml to 200ml
• 200ml above

By End Use:

• Pharmaceuticals
• Cosmetics
• Personal Care
• Chemicals
• Food
• Industrial
• Homecare
• Consumer Goods
• Others

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Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

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
Report: https://www.futuremarketinsights.com/reports/multiflex-tubes-market
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Eco-friendly tea packaging solutions that keep freshness and odor of the product over time are in high demand. The range of more durable tea packaging is launched to maintain the aromatic smell of the product, moisture, and temperature. Antibacterial tea packaging also protects packaged items from direct contact, which can lead to bacterial contamination and infections.

Eco-friendly tea packaging is considered a sustainable packaging alternative that can meet customer demand across the globe. Increasing incidence of weight-related ailments has led to an increase in tea demand because of its antioxidant benefits, which are expected to boost the market over the forecast period.

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In comparison to many other materials like plastic or glass, which are more expensive than paper packaging, the paper segment will develop faster due to its low cost and environmental sustainability. The density, gloss-coating, and opacity of the paper can all be used to assess its quality. Tea is packaged in paper because it has a lower impact on the environment than any type of packaging because it contains no chemicals or undergoes chlorine treatment. As a result, the paper industry will expand at a faster rate.

“Growing preference for biodegradable packaging solutions across the globe, along with growing consumption of organic teas in emerging economies will fuel sales in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

· Based on material, the paper segment is expected to account for 33% of the total market share in 2022.

· In terms of packaging format, sales of bags & sacks will increase at a 3.9% CAGR over the assessment period.

· The U.S. eco-friendly tea packaging market will reach a valuation of US$ 900 Mn in 2022.

· During the forecast period, the Indian eco-friendly tea packaging market is expected to grow at a CAGR of 6.1%.

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Competition Landscape

The key players in the eco-friendly tea packaging industry are concentrating on providing lighter-weight and more environmentally friendly packaging. Some of these key players are Amcor Plc, DS Smith PLC, ProAmpac LLC, WestRock Company, Mondi PLC, Crown Holdings Inc, Sonoco Products Company, Graham Packaging Company, Novolex Holdings, Inc, Pacific Bag, Inc., Goglio SpA, Co-Pack Inc., Dongguan Min Lee Packaging Materials Co, Ltd., Shenzhen Color Hoyo Paper & Plastic Products Co, Ltd., Dongguan Jmei Packaging Company Limited, Shenzhen Packmate Packaging Co., Ltd., PBFY Flexible Packaging, Sixto Packaging, Qingdao Dejili Packing Material Co. Ltd., Color Hoyo Paper & Plastic Products Co., Ltd.

Eco-friendly Tea Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for eco-friendly tea packaging market by material (plastic, metal, paper, glass, others (wood, fabric, etc.)), by distribution channel (online, and offline), by packaging format (pouches, bags & sacks, stick pack & sachets, bottles, cans, and containers & boxes) & region.

Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

About Us:

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

Contact:

Future Market Insights Inc.

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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Sales of paper cone cups are anticipated to be valued at US$ 2.2 Billion in 2022, forecast to grow at a CAGR of 4.75% to reach US$ 3.5 Billion by the end of the 2022-2032 forecast period. The growth of the paper cone cup market is attributed to its global utilization across the packaging industry.

Paper cone cups are single-use, throwaway cups composed of paper with a plastic or wax coating to prevent liquid spilling or soaking. Because of their durability and sustainability, single-use disposable paper cone cups are becoming increasingly popular. Paper cone cups with tightly rolled rims keep their structural integrity, making them acceptable in vending machines. Additionally, multi-color images can be printed on these cups to provide branding information.

North America is considered to be a dominant region for paper cone cup market, driven primarily with well-established presence of food chains in the US.

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The major factor that is expected to propel the growth of the paper cone cup market during the forecast period includes high demand of paper cone cups from institutions such as malls & theatres, and other recreational parks.

Which are Some Prominent Drivers Spearheading Paper Cone Cup Market Growth?

The major factor that is expected to fuel the growth of the paper cone cup market during the forecast period includes the cups’ significant properties, such as easy-to-use, hygienic, safe, and other functionality. The paper cone cups also meet the needs of modern life cost-effectively. In addition, the increasing penetration of coffee chains, such as Starbucks, Costa Coffee, Café Coffee Day, across the globe is another factor that drives the market growth.

Moreover, indications such as the growing demand for short-run custom printed cups are majorly being used by standalone coffee and ice cream shops that need greater volumes and fast deliveries. This factor is anticipated to propel the growth of the Paper Cone Cup market during the forecast period.

Furthermore, the paper cone cups’ market is likely to flourish amid increased in-migration rates and a growing civil population, which has increased the number of vending machines and water coolers globally.

Rising adoption of paper cone cups for packaging of various food products is expected to boost paper cups demand by the end of the forecast period. Growing concerns about waste generation, as well as increased demand for eco-friendly packaging materials, are expected to have a positive impact on the growth of the paper cone cups market. In addition, rising environmental concerns and growing public awareness about eco-friendly packaging are some other driving forces behind the papers cone cup market’s rapid growth during the forecast period.

What are the Challenges Faced by the Paper Cone Cup Industry?

Amid rising concerns about the hygiene and safety of reused packaging during the COVID-19 pandemic, demand for paper cone cups experienced a substantial decline, leading to a temporary demand contraction, especially in the initial quarter of 2020.

Moreover, the traditional paper cups can replace the paper cone cups for many purposes. Traditional paper cups start the table in the disposable cup sector and are expected to hamper the market growth.

In addition, stringent laws put on the deforestation in response to increased environmental concerns, will further halt the growth of the paper cone cup market during the forecast period.

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How is North America Emerging as an Opportunistic Paper Cone Cup Market?

North America is the largest market for paper cone cups and the trend is expected to continue into the forecast period attributed to the proliferation of fast-food chains and the expanding popularity of portion-controlled intakes in the U.S., which can be attributable to this need. Moreover, increased foot traffic has resulted in a considerable increase in vending machine numbers, which is projected to feed demand for paper cone cups in the region.

As environmental concerns have grown, non-biodegradable plastic cone cups have been phased out in favor of paper cone cups across the region. As a result, overall paper cone cup sales in the region are increasing. Furthermore, rising consumer awareness of health issues has prompted the use of paper cone cups as a more hygienic, reusable alternative to plastic cups. A CAGR of 3% is projected for the paper cone cup industry across North America.

Market Competition

Some of the key participants present in the global paper cone cup market include

• DS Smith,
• Smurfit Kappa Group,
• YOJ pack-kraft,
• DNA Packaging Systems,
• Eltete Malaysia Sdn Bhd,
• Green Label Packaging,
• Sonoco.,
• Honey Shield Emballeurs,
• AXIS VERSATILE SDN.BHD,
• ebul Packaging Pty Ltd,

LONGYOUXIAN JINlONG PAPER CO., LTD., Kaily Packaging Pte Ltd, Tri Wall Pak. Pvt. Ltd and FORLIT, A.S., among others.

Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as DS Smith, and Smurfit Kappa Group account for a considerable market size, several regional level players are also operating across key growth regions, particularly in the North America.

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Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

About Us

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Rice paper stand-up pouches are gaining significant traction in the global packaging industry due to its number of advantages over rigid packaging products such as cans and bottles. Rice paper stand-up pouch is flexible packaging solution which is used to pack variety of products in the food, beverages, chemical, home care, automotive, agriculture, and other end use industries. To meet brand owner’s demand, rice paper stand-up pouch manufacturers offer pouches in different design formats. Some of the common designs for rice paper stand-up pouches are Round Bottom/Doyen, K-Seal, Plow Bottom/Corner Bottom, and Flat Bottom. Rice paper stand-up pouches could be fitted with different types of closures to enhance accessibility of contents packed inside it.

The market for rice paper stand-up pouches is anticipated to reach US$ 56.5 billion in 2022 and US$ 101.2 billion in 2032, growing at a CAGR of 6% over the forecast period. The market’s growth can be attributed to the advantages rice paper offers over rigid packaging items like bottles and cans.

Moreover, nowadays consumers prefer buying products with smaller pack sizes. Therefore, rice paper stand-up pouches have gained significant attention from the brand owners to be used for packaging products in smaller pack formats. It is most effective and convenient way of packaging solid product.

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Higher preference for products with a longer shelf-life to drive the market

Consumers in today’s modern world are increasingly preferring packaged food products due to their busier lifestyles and the availability of convenient food products. High growth in demand has created the need for flexible packaging products such as rice paper stand-up pouches for packaging of a variety of products and enhancing shelf life. Ever-increasing consumption of packaged food products will create a high demand for rice paper stand-up pouches in the global market.

Increasing pressure on the companies to use environment-friendly packaging solutions

Rice paper stand-up pouches are made up of multilayer film structure to obtain high barrier properties. Flexible films are used for the packaging of several consumer products in the food, electrical & electronics, chemicals, fertilizers, and other industries. Widespread use of flexible packaging films is attributed to their good protection characteristics and high-cost effectiveness. However, one of the major challenges for the rice paper stand-up pouches in the global market is recyclability. Demand for plastic-based packaging products is expected to decline in the next years which is expected to take over by fiber-based packaging products in near future.

Rice Paper Stand Up Pouch Market: Key Players

Some of the rice paper stand up pouch manufacturing companies are as follows: Amcor Ltd., Bemis Company Inc., Sealed Air Corporation, Berry Global Group, Inc., Huhtamäki Oyj, Constantia Flexibles Group GmbH, Winpak Group, Uflex Ltd. and many other regional players.

Rice Paper Stand Up Pouch Market: Key Developments

Many key players in the market are focusing on the expansion and acquisition strategy and spread their presence globally. Recent developments in performance of rice paper stand-up pouches have created a wave in the pouch packaging market. Consumers are now able to buy food products packaged in rice paper stand-up pouches which maintain its freshness and further increases the shelf life.

Amcor Flexibles is focusing to gain competitive edge in the market through innovation of high-barrier films for production of bags & pouches. In 2016, the company launched new high barrier film i.e. AmLite Ultra for pouch packaging market.

In March 2018, the Constantia Flexibles Group acquired Indian film-based laminates producer Creative Polypack Limited. Creative Polypak Limited manufactures film-based flexible packaging for food and home & personal care industries

In Dec 2016, the Berry Global Group, Inc. introduced new line of non-laminated rice paper stand-up pouch packaging solution i.e. Entour with the enhanced characteristics compared to traditional pouches.

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

Key Segments Profiled in the Rice Paper Stand Up Pouch Market

Material:

• Kraft Paper Rice Stand Up Pouch
• PE Rice Paper Stand Up Pouch
• PP Rice Paper Stand Up Pouch
• PET Rice Paper Stand Up Pouch
• Other Rice Paper Stand Up Pouch Material

Design:

• Round Bottom/Doyen Rice Paper Stand Up Pouch
• K-Seal Rice Paper Stand Up Pouch
• Plow Bottom/Corner Bottom Rice Paper Stand Up Pouch
• Flat Bottom Rice Paper Stand Up Pouch

Thickness:

• Rice Paper Stand Up Pouch Below 4 oz
• Rice Paper Stand Up Pouch from 4 oz-8 oz
• Rice Paper Stand Up Pouch from 8 oz-16 oz
• Rice Paper Stand Up Pouch Above 16 oz

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End Use Applications:

• Rice Paper Stand Up Pouch for Food Applications
• Sauces, Dips & Condiments
• Ready-to-Eat Food
• Baby Food
• Pet Food
• Frozen & Chilled Food/Dried Fruit
• Rice Paper Stand Up Pouch for Agriculture
• Rice Paper Stand Up Pouch for Tobacco Packaging
• Rice Paper Stand Up Pouch for Homecare
• Rice Paper Stand Up Pouch for Personal Care & Cosmetics
• Rice Paper Stand Up Pouch for Other End Use Applications

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the packaging market forecast analysis from 2022 to 2032 to identify the prevailing packaging market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the packaging industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global packaging market trends, key players, market segments, application areas, and market growth strategies.

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
Report: https://www.futuremarketinsights.com/reports/rice-paper-stand-up-pouch-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs