Market Research Blog – Page 9685 – New Product Development

Parchment Paper Market Size, Share & Forecast | USD 1.6 billion by 2031

Future Market Insights (FMI) predicts this trend to be extremely crucial for parchment paper market growth. As per its analysis, sales are expected to surge at 5.8% CAGR between 2021 and 2031. Thanks to expansion of food service sector, the market is forecast to surpass a valuation of US$ 1.6 Bn by 2031.

Parchment paper usage has caused a significant reduction in sales for clamshell boxes through the food industry. To decrease the global carbon footprint and its impact, key players have started adopting greener ways for working towards environment compliance.

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Parchment paper consumption has risen in the last decade through rising application in bakeries, restaurants, packed food, food deliveries, and take-away. Moreover, stringent environment rules are being applied across many countries to reduce dependency on non-biodegradable materials, combining all these, sales of parchment paper are anticipated to witness significant surge during the forecast period.

FMI forecast has that the future demand and sales of parchment paper will be definite and will continue increasing. Factors such as increase in middle class family income, environmental regulations, convenience factor, coupled with advancements in recycling processes will exponentially increase the parchment paper sales globally.

Key Takeaways from Parchment Paper Market

By product type, unbleached paper segment is ahead and leading the market. With its sustainability and recyclable nature, the segment is anticipated to hold more than 55% market share during the forecast period.
On basis of basis weight, 40-60 GSM is most preferred in the market due to its durability, safety and hygienic properties. The segment is anticipated to increase 1.97 times during next 10 years.
Among end users, ready-to-eat meal segment will witness an incremental rise of US$ 293 Mn, due to rise of disposable income of middle class families in emerging economies.
Sales in the U.S. is expected to surge at a steady rate, accounting for over 75% of the North America market in 2021.
While China is expected to remain the leading market in East Asia, thanks to expansion of food service sector, growth in South Korea will unfold at a greater pace.

“The consumption of ready to eat products and fast foods is rising globally. Increasing application in the food and food services has created opportunities for parchment paper manufacturers to maximize their sales. Increasing emphasis on safe and recyclable paper is anticipated to redefine the parchment paper market growth” says FMI analyst.

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Focus on Sustainable Packaging Solutions Augmenting Parchment Paper Sales

Parchment papers are primarily used to pack food products without hampering the product quality. Parchment paper as a packaging solution is the most efficient way of packing food products to be delivered or stored over a period of time without disrupting the shelf-life of the product.

In the last decade, the popularity of parchment paper has reached new heights. It has emerged at a convenient option for working families to store food. Technological advancement associated with parchment paper is one of the key factors that has raised the bar parchment paper as a packaging solution.

Benefits such as variance in size to cater to specific customer requirements and others are helping the market gain momentum. Manufacturers in bakery & confectionary and ready-to-eat meals segments have started to provide a variety for products which will attract busy and hectic lifestyle of millennials. Parchment paper has emerged as a flexible, sustainable, and convenient solution for packing a variety of food items.

The packaging industry is currently focusing on the reduction in using clamshell as a primary packaging source to reduce logistical costs. This growing adoption of parchment paper over clamshells is likely to strengthen the market growth during the foreseeable future.

Impact of COVID-19 on Parchment Paper Market

Global crisis of COVID-19 pandemic had negative impact on the sales of parchment paper. Lack of availability of raw pulp and paper materials in paper mills has halted the manufacturing process of parchment paper. Lockdown in t regions such as Oceania, Europe, South & East Asia and North America has induced considerable impact on the manufacturing of parchment paper.

Also, supply chains were disrupted and strict guidelines led to a complete closure of manufacturing plants for months. In general, the sales for parchment paper nearly halted during the lockdown. But during the last few months of the year 2020, supply chains were restored and trade routes re-opened due to which target market has begun gaining traction.

Who is Winning?

Georgia-Pacific Corp., METSA Tissue, Ahlstrom-Munksjo Oyj. are the top players operating in the parchment paper market. Furthermore, Delfort Group AG, Cosmoplast, JK Paper, Nordic Paper and Kalpataru Papers LLP are also the noticeable players in the parchment paper market. The Tier 3 players in the market hold 70-75% in the global parchment paper market. In conclusion, key players contribute almost 25-30% of the global market.

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Parchment Paper Market by Category

By Product Type:

Bleached Parchment Paper
Unbleached Parchment Paper

By Basis Weight:

Less than 40 GSM Parchment Paper
41 to 60 GSM Parchment Paper
61 to 80 GSM Parchment Paper

By End Use:

Bakery and Confectionary
Ready-to-Eat Meals
Fresh Produce
Others

By Region:

North America
Latin America
Europe
MEA
East Asia
South Asia
Oceania

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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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Corrosion Protection Tapes Market Demand by leading regions such as Europe, North America, Latin America, East & South Asia

The global corrosion protection tapes market is likely to join the bandwagon of exponential growth between 2022 and 2031 at a CAGR of 4.4%, reaching US$ 1.8 Bn by the year 2031.

Corrosion protection tapes are surface protection tapes infused with anti-corrosive materials which are covered around metal components suitable for wide-ranging usage in various industries. According to a new Future Market Insights (FMI) report, the corrosion protection tapes market is set to grow at a 4.5% CAGR.

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Corrosion protection tapes protect metal surfaces against corrosion and UV rays. These products offer various features including water resistance, easily applicability, and high shear resistance on welded joints and bends.

Also, corrosion protection tapes are cost-effective as compared to other adhesive alternatives which led to higher user adoption in the industrial sector. In recent years, corrosion protection tapes are gaining popularity due to high adhesive strength and excellent resistance to rust.

The sales and consumption of corrosion protection tapes is estimated to increase owing to the expansion of industries such as chemicals, automobiles, and building & construction in next decade.

Benefits offered by corrosion protection tapes include excellent electro insulation, flame retardant properties, and temperature resistance, which is projected to experience significant demand in the global market.

Key Takeaways from Corrosion Protection Tapes Market

PVC is a high-strength thermoplastic material that is widely used for making anti-corrosion tapes. It is estimated to lead the market accounting for more than 50% by the end of 2031.
The building and construction segment is expected to offer an incremental opportunity of US$ 216 Mn in the next decade, with fitting and sealing applications supporting growth.
Germany and the U.K have emerged as major markets in Europe, supported by the availability of production facilities, accounting for 14.4% and 13.5% of the market in 2021.
The U.S. accounts for 84% of the North America market, driven by robust supply chains in the industry.
China holds the lead in East Asia accounting for more than 63% of the region on the back of a burgeoning construction sector.

“Market leaders and small-scale manufacturers in the corrosion protection tapes market are likely focusing on expanding production capacities and presence in emerging economies. Industrialization recorded in emerging nations, will creative attractive opportunities for corrosion protection tapes sales,” says an FMI analyst.

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Key Segments Covered In Corrosion Protection Tapes Industry Research

By Material, Corrosion Protection Tapes market is segmented as:

Poly Vinyl Chloride (PVC)
Polyethylene (PE)
Polypropylene (PP)
Rubber

By End-use, Corrosion Protection Tapes market is segmented as:

Building & Construction
Chemical
Electrical & Electronics
Automobile
Aerospace & Defence
Marine

Impact of COVID-19 on Corrosion Protection Tapes Market

Amidst the COVID-19 pandemic, the corrosion protection tapes market went through a moderate slump as demand for corrosion protection tapes is largely derived from industrial sectors like building and construction, automobile, chemical, and others.

Rigorous lockdown in several regions including North America, East and South Asia, and Europe has created a negative impact on these industries in terms of demand and supply. Lesser demand generation for corrosion protection tapes was witnessed amid the COVID-19 period.

Recovery from the current pandemic is anticipated to maximize the sales of corrosion protection tapes in the years to come.

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Who is Winning?

3M Company, Nitto Denko Corp., and Berry Global Inc. are the top players operating in the corrosion protection tapes market. Furthermore, include Shurtape Technologies, LLC, Coroplast Fritz Müller GmbH & Co. KG, W. W. Grainger, Inc., Scapa Group plc are some of the leading players in the market.

Tier 3 players include DEHN + SÖHNE GmbH + Co. KG., PSI Products GmbH, and VANOS S.A hold 70-75% of the global corrosion protection tapes market share. In conclusion, key players contribute almost 25-30% of the global market.

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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Stretch Wrappers Market Reaching US$ 710.4 Mn by the year 2031 at a CAGR of 5.6%

The Stretch Wrappers Market research report highlights diverse segments of the market analysis that today’s business ask for. By utilizing few steps or a number of steps, the process of generating this market research report is started with the expert advice. The Stretch Wrappers Market report covers explanation about the detailed market analysis with inputs from industry experts. Being a third-party report, Stretch Wrappers Market analysis report is more unbiased and hence provides a better picture of what is really happening in the market.

The global stretch wrappers market is all set to witness a linearly progressive simulation, reaching US$ 710.4 Mn by the year 2031 at a CAGR of 5.6%.

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Stretch wrappers, as the name suggests, are basically used for wrapping the goods to the pallet with stretch film. Stretch wrappers are specialized wrapping machines used to pick and handle pallet loads of random heights of variable weight. Goods and products are placed on the pallets wrapped firmly, so that the goods remain at their positons and don’t move during the shipment.

Some of the most celebrated companies operating in the Stretch Wrappers Market are eyeing on existing opportunities. For instance, with its SILKWORM, a patented robotic stretch wrapper technology and an output ranging from 85 to 200 pallets/hour, BEMA S.r.l. has become an established reality in the international market. It has truly modernized the concept of stretch wrapping.

Stretch Wrappers Market Landscape–Phoenix Wrappers, Inc., Reo-Pack A/S, Lantech, Inc., Orion Packaging Systems LLC., Millwood, Inc., Signode Industrial Group, LLC, Aetnagroup S.p.A., Wulftec International Inc., ARPAC LLC, Cousins Packaging, Inc., Atlanta Stretch Spa, UNITECH SRL, BEMA SRL, Innova Maquinaria Industrial S.L, Tosa spa, DNC packaging Machinery, Movitec Wrapping Systems, SL, Strema B.V., PAGLIERANI s.r.l., FROMM Group, Matco International Gevelsberg GmbH, Messersì Packaging S.r.l., ATECMAA PACKAGING, Technowrapp srl, Rees Machinery Group Ltd, Hangzhou Youngsun Intelligent Equipment Co., Ltd., K M Trivedi Engineering Pvt. Ltd., Easypac Systems, Multi Pack Machinery Company, PACKWAY INC

The Tier 3 players in the market hold 50-60% in the global stretch wrappers market. In conclusion, key players contribute almost 40-50% of the global demand.

Effective packaging is considered imperative across industries since their revenue wholly depends on the conditions of the product delivered. Millions of dollars have been spent by various manufacturers over the last few decades in the research and development of innovating new technologies, which will help reducing the use of manual labor. According to Future Market Insights (FMI), focus on advanced packaging techniques will rise in the future, paving way for the expansion of the stretch wrappers market.

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With the introduction of robotic arms in the packaging industry, manufacturers are nowadays seeing a rise in efficiency with a reduction in labor costs. The technology can also help the save time. As more businesses recognize the advantages of advanced technologies, the demand for stretch wrappers will rise, enabling the market to exhibit a CAGR of 5.8% in terms of value between 2021 and 2031.

Investment in technological upgrades will continue rising, as the demand for stretch wrappers grows in food & beverages, pharmaceuticals, and tissues industries. As per FMI, the food and beverages sector will remain the chief end user, especially since ensuring that hygienic and quality food reaches consumers is of paramount importance.

Key Takeaways from Stretch Wrappers Market

Stretch wrappers market will consistently expand to reach a valuation of US$ 710 Mn by 2031
Focus on automation will fuel the demand for robotic stretch wrappers across industries in the U.S.
The expanding pharmaceutical sector of the U.K. will emerge as a key end user
Germany and France will remain highly lucrative markets for stretch wrappers sales within Europe. Rising demand for effective food and pharmaceutical packaging will aid growth
China’s bustling food service sector will present a highly attractive market for stretch wrappers sales

“As a result of industries inclining towards the adoption of atomized packaging systems, the demand for stretch wrappers will rise. Choosing the right stretch wrapper can enhance customer satisfaction as well as help businesses save cost incurred on packaging processes. With more businesses realizing these benefits, the demand for stretch wrappers is expected to rise,” says FMI analyst.

Key Segments Covered in Stretch Wrappers Industry Research–Stretch Wrappers Market By Machine Type (Turntable, Ring, Robotic, Rotary Arm), Order Type (Customized, Standard), End-use (Food & Beverages, Pharmaceuticals, Tissue) & Region – Forecast 2022-2031

Stretch Wrappers Market by Region

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

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The report would help leaders/new entrants in this Stretch Wrappers Market in the following ways:

This report segments the Stretch Wrappers Market comprehensively and provides the closest market size projection for all sub segments across different regions.
The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for Stretch Wrappers Market growth.
This Stretch Wrappers Market report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launches and developments, collaborations, contracts and acquisitions.

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Signage Market – Global Revenue Growth Expectations in the Near Future

The global signage market is slated to witness a CAGR of 6.3% between 2022 and 2031, reaching US$ 63.3 Bn by the year 2031.

The retail industry is witnessing structural changes along with the adoption of refined strategies that will have a direct impact on the demand for signages. Highly fragmented market and increasing competition for offline stores from e-commerce businesses have resulted in changes in the conventional retail. As per a study by Future Market Insights (FMI), this will create attractive scope for the expansion of the signage market between 2021 and 2031.

Signage for retail stores can be made in different sizes and forms based on location of installation and intent of the business, but they all have the same purpose to attract customers and increase the awareness about the brand. Signage design plays a vital part in increasing the sales of the business. Signage design is the first brand impression that many customers remember about a brand. A good signage communicates products and services of company and what can a customer can expect from the company.

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For instance, McDonald’s emphasis on signage presentation at every location of theirs helps in enhancing their brand value in the minds of the customers. The company makes sure that it installs signage to reinforce branding at every new location.

There also is high focus on outdoor signages as businesses seek to read a wider audience. As per FMI, outdoor signages will account for over 60% of sales in the market in terms of products available. Meanwhile, rising demand from supermarkets and hypermarkets will continue supporting growth.

Key Takeaways of Signage Market Study

Rising at 6.4% CAGR between 2021 and 2031, signage market will grow in response to expansion of the retail sector
Presence of a high number of supermarkets and hypermarket makes the U.S. dominant. It is expected to account for over 85% of sales in North America
Focus on outdoor digital advertising will drive the U.K. market at 2% y-o-y growth in 2021
Expansion of the retail sector will position India as a key market for signage sales within South Asia
China’s bustling retail sector will catapult it as a chief signage market within East Asia

“Marketers are keenly focusing on investing on advertisement to grab customers’ attention which is a challenging task. Digital signage have the potential to overcome the challenges associated with conventional advertising. A major trend observed recently is replacement of conventional signage with digital signage at multiple locations.” says an FMI analyst.

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Cost Effectiveness of Signage Creating Lucrative Opportunity

Companies need to assure that their marketing investment is being used wisely and no business would be interested in wasting the money on a signage that would not help in increasing the footfall. Businesses need to clearly know the intent of what they want to achieve by signage advertising.

A signage helps the businesses to grow in the long term when compared to other marketing efforts, for instance, an ad in the newspaper. This serves or caters to achieve the short term marketing goal of the business. However, signage can help the business build their brand. With the integration of technology, brands can use digital signage which can be changed with minimum efforts every time the business wants to revise its marketing strategy.

Signage are cost effective marketing solutions, even though the initial cost might be high it’s worth to invest in a quality product which can reap benefits for a longer duration by minimizing maintenance costs. Moreover, there is no specific time for the signage marketing to work as it reaches out to anyone who passes by the signage at any point of the day or night.

Impact of COVID-19 on Signage Market

Pre COVID-19 witnessed an accelerated growth owing to digital innovations in outdoor advertising. Post the pandemic companies have taken their steps back and scaled their investments on advertising. Companies were concerned about buying outdoor spaces as the world was hit with lockdowns resulting in few people stepping out of their homes. Coronavirus has led to an immediate decline in advertising spending by businesses.

Multiple media agencies and businesses have paused their spending on advertisement owing to economic slowdown heat faced by numerous brands. In an optimistic scenario, governments of various nations have emerged as advertising buyers to promote health and safety messages associated with the COVID-19.

Who is Winning?
FASTSIGNS International. Inc., Signarama, Walton Signage Corporation, R.R. Donnelley & Sons Company, Impact Signs Inc., Back Bay Sign Company, Pearce Signs Group, Sovereign Signs (Strata Holdings Limited), HNS Signs Ltd, Allsigns International Ltd, Harrisons Signs Limited, Benson Signs Ltd., Lavastar Signs Ltd, National Signs Ltd, Signs Express Ltd, Dlinexsign Ltd and One Digital Signage Ltd. are prominent players in the signage market. The signage market is highly fragmented and the Tier 1 players in the market hold 15–20% share in the global signage market.

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Key Segments Covered In Signage Industry Research

Product Type:

In-store Signage

Promotional Signage
Directional Signage

Outdoor Signage

Promotional Signage
Directional Signage

End-use:

Supermarkets & Hypermarkets
Stores
Schools & Offices
Industrial Sectors
Entertainment
Others

Frequently Asked Questions

How much is the Signage market currently worth?
What is the sales forecast for Signage through 2031?
What was last 6-year market CAGR for the sales of Signage?
Who are the key manufacturing companies for Signage?
What’s with the Asian region?

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GHS Labels Market Demand Analysis, Size & Share | Global Industry Report for 2030

To produce the best industry report, this GHS Labels Market report was created by rigorously adhering to commitments and deadlines. The current trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights, and innovation are all discussed in this global GHS Labels Market study. Because of its comprehensive structure, this market research study provides superior insights into many industry segments on which organisations rely heavily in order to thrive. This GHS Labels Market report is one of the most important, unique, and trustworthy market research papers, concentrating on specific company requirements.

The global GHS Labels Market is expected to grow at a steady pace, reaching US$ 2.3 billion by 2030, with a CAGR of 4.8 percent between 2022 and 2030.

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“Aside from strict rules requiring the chemical sector to explicitly indicate potential hazards, a focus on preventing product counterfeiting will provide tailwinds to market growth,” stated a lead analyst at FMI.

Competitive Landscape

Avery Dennison Corporation
UPM Raflatac
PPG Industries, Inc.
Brady Worldwide, Inc.
3M Company
CCL Industries Corp.
Reliance Label Solution, Inc.
HERMA GmbH
Weber Packaging Solutions, Inc.
SATO AMERICA, LLC
Brandywine Drumlabels, LLC
TCI America, Inc.
Loftware, Inc.
Nippon Shokubai America Industries, Inc.
Teklynx Newco SAS

In terms of revenue, the global GHS labels market is estimated to grow by 1.6x during the forecast period, owing to numerous factors such as increasing demand from chemicals and other industries

GHS stands for globally harmonized system of categorizing and labelling chemicals. Stringent regulations are implemented around the world, compelling the classification of hazardous chemicals on labels. With focus on safer packaging rising, the GHS label market will significantly expand in the coming years.

Among end users, manufacturers are expected to account for a higher share in the demand for GHS labels. According to the report, manufacturers are expected to account for over half of demand exhibited in the market.

Key Takeaways of GHS Labels Market Study

After a period of negative growth, GHS labels sales well improve marginally, registering a 0.2% y-o-y growth in terms of value in 2022
Expansion of chemicals sector will boost growth in the U.S., enabling it to hold 87% share in the North America market in 2022
The U.K. will register negative y-o-y growth in 2021, however, sales are poised to improve 2022 onwards
Germany will record positive growth in sales in 2021, however, sales in France will recover 2022 onwards
Increasing production and export of chemicals has placed China as the dominant market in East Asia, followed by Japan and South Korea

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“Besides implementation of stringent regulations, requiring the chemical sector to clearly state potential hazards, focus on preventing counterfeiting of products will give tailwinds to growth registered by the market,” said a lead analyst at FMI.

Key Segmentation- – GHS Labels Market by Product Type (Pre-printed and Personalized (On-demand)), Material (Polypropylene (PP), Polyethylene (PE), Polyester (PET), Polyimide, Vinyl, and White Thermal Transfer/Direct Thermal Paper), By Packaging Format (Primary Containers and Secondary Containers) & Region – Forecast 2022 – 2030

GHS Labels Market by Region

North America GHS Labels Market
Latin America GHS Labels Market
Europe GHS Labels Market
East Asia GHS Labels Market
South Asia GHS Labels Market
Oceania GHS Labels Market
Middle East & Africa (MEA) GHS Labels Market

Demand for GHS Labels Rising As Brand Owners Aim to Prevent Counterfeit Products

The risk of loss of commodity due to mishandling the hazardous chemicals while transit is always there by all modes of transit, such as rail, road, and sea. But the usage of globally harmonized system labels can help shippers as well as the buyers and sellers of hazardous chemicals to ensure safe and easy handling of harmful chemicals.

Expansion of the chemicals industry has stimulated growth in various several markets, including that for GHS labelling. With increasing demand for labelling, manufacturers are also offering advanced labelling solutions to brand owners which provide tracking, and tracing of chemical products. However, major challenge faced by logistics companies is the counterfeit of chemicals which can be reduced by usage of GHS labels.

Growing of the chemical sector, particularly in global markets, has led to emergence of modern facilities that sell wide variety of product categories in bulk quantities. GHS labels reduce chances of package tampering, which ensures right delivery of products to consumers. Various GHS label manufacturers offer labels that can be applied on variety of substrates such as glass, paper, plastics, etc. with the latest technology such as RFID, which are used as unified classification for packaging in the chemical sector.

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Bulk Bags Market is projected to reach US$ 8.0 billion by 2028

A New Syndicate Bulk Bags Market Study is added in FMI database compiled covering key business segments and wider geographical scope to get deep dive analyzed market data. Bulk Bags Market presents detailed competitive analysis including the market Share, Size, Future scope. This study categorizes the global Bulk Bags Market breakdown data by manufacturers, region, type and applications, also analyzes the market drivers, opportunities and challenges. Bulk Bags Market Report will add the analysis of the impact of COVID-19 on this industry.

The study brings a perfect bridging between qualitative and statistical data of Bulk Bags Market. The study provides historical data (i.e. Consumption & Value) and forecasted.

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The study conducted by FMI estimates that the global bulk bags market value will expand 1.6x during the forecast period which is expected to generate lucrative investment opportunities for manufacturers. Newly released data from bulk bags market analysis shows that global demand of overall bulk bags market is estimated to reach year-on-year (YoY) growth of 6.9% in 2021.

Bulk bags have been increasingly used in industries such as chemical, food, agricultural, construction, mining, pharmaceuticals, and others. Because of their cost-effectiveness and convenience of use, the use and popularity of large bags has grown substantially over time. Bulk bags are in high demand due to their inexpensive carrying costs and increased efficiency in loading and unloading items and merchandise.

How are technological advancements like Modified Atmosphere Packaging (MAP) being used to extend the shelf life of products reshaping the bulk bag market dynamics?

Chemical, food, seed, and other product producers, suppliers, and distributors sell their products in marketplaces all over the world, therefore shelf-life stability is critical. Consumers want items that are free of artificial additives and preservatives. As a result, modified atmosphere packaging (MAP) has become the go-to solution for extending the shelf life of products.

The MAP is a cutting-edge packaging technology that allows you to control the amount of oxygen and CO2 in your package. Consumers and the environment are not harmed by MAP technology. MAP technology is used by FIBC producers in their product range.

For instance,

In June 2021, Greif, Inc. enhanced MAPGuard with MAP technology to extend the shelf life of the products. MAPGuard is Greif Company’s flexible intermediate bulk containers (FIBC) range.

What is the Global Bulk Bags Market Impact of the COVID-19 Pandemic?

The Covid-19 pandemic had a rapid and widespread impact on manufacturers, supply chains, and global markets, including the bulk bag sector. Food and pharmaceutical products are frequently stored, carried, and transported in jumbo bags. Challenges such as logistical delays in shipping the bags were encountered all around the world. Due to supply chain disruptions and rising demand for food-grade bulk bags, there may be delays in product delivery.

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Bulk Bags Market Insights by Country

How big is the market for bulk bags in the United States?
In 2021, the bulk bags market in the United States will have a strong 81 percent market share in North America. According to Trade Map, the United States exported 20,317 tonnes of bags and sacks and imported 149,960 tonnes. The U-Panel bulk bag has become industry standard in the United States. Bulk bags are frequently utilised in disasters such as hurricane flooding, river overflows, and mudslides. Manufacturers are constructing bags to safeguard human lives and property from natural disasters, and large bulk bags are required to endure such disasters.

Bulk Bags market Competitive Landscape

As the consumption and adoption of bulk bags is increasing, the key manufacturers of bulk bags are focusing on innovation also cost-saving solutions that reduce freight cost, elimination of the pallets, partnership and, sustainability.

In 2020, Greif, Inc. introduced SealGuard™ the next generation of FIBC’s. It is a result of a customer-centric innovative approach to resolve the challenges in the current FIBC applications.
AmeriGlobe L.L.C introduced EZ Loop® bag, this bag eliminates the cost of the pallets and enhances ease of use and stability.
Berry Global Inc. manufactures flexible intermediate containers (FIBC) using FDA-approved materials like durable woven polypropylene.

Top Key Players Covered-

Berry Global, Inc.
Intertape Polymer Group
Conitex Sonoco,
AmeriGlobe L.L.C.,
Greif, Inc.,
Halsted Corporation
LC Packaging International BV
Rishi FIBC Solutions PVT. Ltd.
BAG Corp.
Sackmaker J&HM Dickson Ltd.
Emmbi, Inc.
Bulk Lift International, LLC.
Langston Companies Inc.
MiniBulk Inc.
RDA Bulk Packaging Ltd.
Jumbo Bag Ltd.
Yixing Weinet Packing Bag Co., Ltd.
Yantai Haiwan Plastic Products Co., Ltd.
Taihua Group
Bang Polypacks

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Facial Pumps Market Size, Share, CAGR & Forecast Report for 2030

The facial pumps market size is expected to surpass US$ 9.5 Bn by 2030, likely to Grow Moderately at 6.2% CAGR during the assessment period.

FMI states in its recent study on the facial pumps market that the market will record an impressive CAGR through 2030, and the market’s valuation is expected to increase 1.2 times during the projected period. Demand for Facial pumps is anticipated to continue surging due to the increasing demand for a convenient, precise, and better packaging solution.

“Some of the leading brands associated with cosmetics product manufacturing are concentrating on expanding their product portfolio by introducing innovative packaging solutions. This is expected to create considerable opportunities for manufacturers of pumps and dispensing systems such as three-chambered pumps and dispensers.” says the FMI analyst.

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Facial pumps Market – Important Highlights

Atmospheric facial pumps are very common on the market. The favored packaging style is expected to remain in the next decade.
The facial care segment contributes more than the facial makeup sector to the industry. A remarkable increase is predicted due to the launch of a wide variety of goods.
China is currently leading the global market for facial pumps. Sales in China will account for more than 30% of overall market demand during the forecast period.
India is anticipated to be one of the highly lucrative markets during the projected years.

Facial pumps Market – Drivers

Demand for a simple, accurate, and better packaging solution for the accurate unit dosage of facial skincare products with a 0 percent chance of contamination. These factors are driving the growth of the market.
Also, the packaging of facial pumps ensures greater accuracy of dosage, which allows the user to use the exact quantity of the product and avoids wastage, which is boosting the growth of the market.
The growth of the men’s cosmetics range is projected to allow sustainable sales in the cosmetics and beauty business in the future.

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Facial pumps Market – Restraints

Strict regulatory guidelines on the sustainability of the product hinder the growth of the market.
The advent of COVID 19 is expected to harm the market.

COVID-19 Impact on Facial pumps Market

Market growth in facial pumps is expected to be hindered due to the unprecedented pandemic of COVID-19. At different points, the global economy is now impacted by the COVID-19 pandemic, and the impact is also visible in this sector. Growth is expected to be affected by the crisis of the COVID-19 pandemic and is likely to see a major decline in demand in 2021. Profitable growth has also been delayed due to volatility in the retail and supply chain sectors, with a range of end-use industries impacted in many countries. However, as stocks continue to strengthen, the economy is likely to be on a recovery path.

Competitive Landscape

The Facial pumps market players are leaning towards the expansion of the production facilities besides opting for strategic collaborations to attain a competitive edge. Silgan has partnered with Neopac in the development of its new dispensing device called “Amplify,” which shows a clearance rate of 96 percent for pumping out the substance in 2018.

A few of the key companies functioning in the global market include packaging Group, Aptar Group, Inc., Albea S.A, Lumson S.p. A, Raepak Ltd., Silgan Dispensing Systems- A Subsidiary of Silgan Holdings Inc, Topfeel Pack Co., Ltd, Rieke Corporation

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Table Of Content

Executive Summary

1.1. Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

Market Overview

2.1. Market Coverage

2.2. Market Definition

Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

Key Success Factors

4.1. Product Adoption Analysis

4.2. Product USPs / Features

Facial Pumps Market Demand Analysis 2015-2019 and Forecast, 2020-2030

5.1. Historical Market Volume (Units) Analysis, 2015-2019

5.2. Current and Future Market Volume (Units) Projections, 2020-2030

5.3. Y-o-Y Growth Trend Analysis

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Vaccine Packaging Market is projected to reach US$ 3.5 Bn by 2030, at a CAGR of 13.2%

The report covers various factors affecting the Vaccine Packaging market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant info graphics. The report adopts an analytical approach to help our clients get better understanding about the market. Our expert market research analysts in the food & beverage industry domain carries out an extensive primary and secondary research with the help of digital intelligence for optimized decision making.

FMI, in its latest Vaccine Packaging market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Vaccine Packaging market.

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COVID-19 Impact Analysis on Vaccine Packaging Market

The recent outbreak of the COVID-19 has significantly impacted the food and beverage industry. Since the pandemic and various lockdown restrictions, hotel industries had to take shelter within e-commerce industry to provide online delivery services and food to consumers.

Manufacturers have adapted the new normal of ‘take-away’ food and groceries to maintain their financial revenue in the crucial times. With the relaxation in lockdown, the food and beverages industry is expected to witness a moderate growth through 2021 and beyond.

FMI provides a detailed chapter on the impact of Covid-19 on the global Vaccine Packaging market. This allows the established and emerging economies to understand the economic market scenario during the pandemic and benefits them in making profound business decisions through the cost-effective solutions.

Important Questions Answered in the Vaccine Packaging Market Report

Which end user is expected to create lucrative growth opportunities for the global Vaccine Packaging market?
How is the Vaccine Packaging market likely to evolve in the upcoming years?
What are the upcoming trends and opportunities likely to prevail the Vaccine Packaging market in the future?
What innovative strategies are adopted by Vaccine Packaging market players to stay ahead of the pack?
Which region is expected to be the most lucrative region for the Vaccine Packaging market?
What are the restraints affecting the growth of the global Vaccine Packaging market?

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Vaccine Packaging Market: Segmentation

Detailed analysis covered in the FMI’s Vaccine Packaging market report has been classified into key segments and sub-segments.

Packaging Type

Vials
Prefilled Syringes
Ampoules
Bags and Pouches

Material

Plastic
Glass
Polystyrene
Others (Metallic Films)

Vaccine Packaging Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Vaccine Packaging market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

Key players profiled by FMI in Vaccine Packaging market includes:

Gerresheimer AG
West Pharmaceutical Services, Inc.
Becton, Dickinson & Company
SCHOTT AG
SGD S.A.
Catalent, Inc
Stevanato Group
Nipro Corporation
Piramal Glass Private Limited
UDG Healthcare plc

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Significant Contributions to the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive research on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions

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Carboy Market- Global Industry Analysis, Share, Size and Forecast 2028

A carboy is a versatile container used for transportation and storage of various types of liquid including chemicals, alcoholic beverages, solutions, and corrosive liquids. It is sometimes also referred to as demijohn, a name given to a short-necked bottle. Carboy can be made up of either plastic or glass. The polyethylene, polypropylene, and polycarbonate are widely used plastic material used.

Carboys are available in various shapes and size as per the requirements. Carboy finds useful applications in industrial packaging sectors including, chemicals & fertilizers, cosmetics, breweries, pharmaceuticals, oil & petroleum among others. Apart from industrial packaging, the carboy is an important storage option in the laboratory. Carboy can be available with or without stopcock. Among brewers, the carboy is one of the most acceptable vessels used for the storage of beers and wines. The outlook for the global carboy market is supposed to be positive during the forecast period.

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Carboy Market: Key Players

Few of the leading players operating in the global Carboy market are –

Thermo Fisher Scientific
Deluxe Scientific Surgico Pvt. Ltd.
Interplastica Pvt. Ltd.
Globe Scientific Inc.
Subhang Capsas Pvt. Ltd.
Metro Ace Innovplas Corporation
Marin Scientific Development Company
Sterlitech Corporation

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.

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Carboy Market: Dynamics

The carboy is tightening its grip in the market with rising consumption of alcoholic beverages, chemicals, and other products. The carboy is available in various shapes and sizes ranging from 5 liters to 60 liters capacity. In laboratories, the carboy is used to store solvents, chemicals, and deionized water. In laboratory work, the carboy is also used to collect waste solvents. In laboratories, carboy made up of glass are mostly preferred due to the inertness of glass material to any chemical reaction. In many breweries, the traditional fermentation bucket is replaced by carboy made up plastic or glass.

The carboy in breweries is used to store wines, beers, and cider among other alcohols. The reason behind the growing acceptance of carboy over fermentation bucket is its transparency, as it gives the advantage to keep an eye on the fermentation process without repeatedly opening the container. These factors are supposed to drive the global carboy market during the next decade. The carboys offer simple closure options and have high strength. The carboy can be used multiple times or can be made sterilized to be used for medical purposes.

Regional Outlook

The APEJ region is supposed to dominate the global carboy market during the forecast period. The region has the highest consumption of alcoholic drinks in the world. Most breweries are using the carboy as fermentation container. Also, the carboy is used for domestic purposes such as to store water. This factor is expected to drive the growth of carboy market in the region.

The North America region is expected to follow APEJ, especially the U.S. is expected to drive the demand of carboys, due to the availability of various laboratories and chemical industry in the region. Western Europe, especially Italy, France, Germany, and the U.K. are expected to fuel the demand of carboy market in the region owing to the presence of some of the known laboratories, chemical industries and some world known breweries in the region. Other parts of the world follow the similar trends in the global carboy market during the next decade.

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Carboy Market: Segmentation

Globally, the carboy market has been segmented on the basis of material type, capacity, end use and region:

On the basis of material type, the global carboy market has been segmented as:

Glass
Plastic
Polyethylene
Polypropylene
Polycarbonate
Others

On the basis of capacity, the global carboy market has been segmented as:

Less than 5 liters
5 liters to 10 liters
10 liters to 30 liters
30 liters to 50 liters
Above 50 liters

On the basis of end use, the global carboy market has been segmented as:

Chemical Industry
Laboratories
Oil & Petroleum
Breweries
Others

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Pocket Tissues Market | Global Industry Growth, Size, Share and Forecast 2028

Tissue papers can be made up of either wood pulp, chemical pulp or recovered paper. Tissue papers are widely used for a variety of hygiene solutions; pocket tissues are one of them. Pocket tissues are light-weight, soft and can be used on the go.

Pocket tissues are gaining traction in the global tissues market owing to the increased consumption of health and hygiene products. Companies involved in the manufacture of pocket tissues are focusing on reducing greenhouse emissions and using the recovered pulp for production of pocket tissues so as to minimize the impact on the environment.

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Global Pocket Tissues Market: Dynamics

Pocket tissues are considered much more hygienic when compared to reusable hygiene products owing to their single use nature. This is expected to be a major driver for the pocket tissues market. The sales of hygiene products is directly related to the standard of living.

With the growth in disposable income of the middle class, the spending on such products is increasing and is expected to grow at a healthy CAGR during the forecast period. Consumers are now ready to spend more on hygiene and personal care products, which is anticipated to fuel the demand for pocket tissues.

The pocket tissues market is expected to register substantial growth in the emerging economies owing to the rising awareness about hygiene products.

However, pocket tissues are single-use products and end up in the dump after their use which causes pollution. With the rising concerns about the environmental issues, the demand for pocket tissues might hinder during the forecast period.

Pocket tissues can be substituted with cotton towels, as they can be used multiple times and are relatively economical for the consumers. The aforementioned factors might hamper the growth of the global pocket tissues market.

Global Pocket Tissues Market: Key Developments

Manufacturers are expanding their production capacities by improving their existing production lines and opening new production facilities. For instance,

Twinsaver Group has installed Toscotec tissue production line in the last quarter of 2017, to expand their production capacity and improve product quality.
In October 2018, Italian manufacturer Sofidel has opened one of the most technologically advanced tissue paper plant in Ohio, U.S., with innovative machinery to improve the quality of their products along with efficient energy of its operation.

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Global Pocket Tissues Market: Key Players

Some of the key players operating in the global pocket tissues market are as follows

Lila Tissue,
Sofidel S.p.A.,
Mediterranean Tissue Mills,
Kimberly-Clark Corporation,
Sterling Hygiene Tissue Pvt. Ltd.,
Chandaria Industries Ltd.,
Twinsaver Group,
Saudi Paper Manufacturing Co.,
Nittosha Co., Ltd.,
Asia Pulp & Paper, and
Procter & Gamble among others.

Many local and unorganized players are expected to contribute to the global pocket tissues market during the forecast period.

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 of the global pocket tissues market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with pocket tissues market attractiveness as per segments.

The report also maps the qualitative impact of various factors on pocket tissues market segments and geographies.

Global Pocket Tissues Market: Segmentation

Globally, the pocket tissue market has been segmented on the basis of thickness and material.

On the basis of thickness, the global pocket tissues market has been segmented as follows-

2 ply
3 ply

On the basis of material type, the global pocket tissues market has been segmented as follows-

Wood-free (Chemical) pulp
Mechanical pulp
Recovered pulp

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