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Stick Packaging Market is expected to grow at a CAGR of 4.7% by 2032

The global stick packaging market is set to grow steadily, despite COVID-19 induced sluggishness decelerating growth, according to a recent study published by Future Market Insights. This report elaborates on the prominent drivers and success factors that are likely to drive demand during the assessment period.

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Globally, the packaging industry has experienced major developments in recent years. High demand for flexibility and durability of packaging has prompted manufacturers to incorporate novel solutions by utilizing lightweight and eco-friendly material.

Stick packaging offers a host of benefits. Besides its aesthetic appeal, stick packaging helps in maintaining compactness, are lightweight, and prove instrumental in protecting the product from external shocks. Based on these trends, the market is witnessing an impressive surge.

Key Takeaways from FMI’s Stick Packaging Market Study

By material, BOPP plastic stick packaging to remain highly preferred. However, paper stick packing is likely to expand rapidly
Liquid products sales such as cosmetic creams and food pastes to remain primary users of stick packaging solutions
By end use, food industry likely to tower over the rest, owing to high demand for instant consumables
Asia to pivot market growth, North America to enjoy substantial revenue share from 2020-2030
Product innovations key to ensuring prominent players’ enhanced market presence

“Prominence of sustainable packaging solutions is prompting manufacturers to introduce lightweight, flexible and environmentally friendly material in their existing packaging products ambit,” observes the FMI analyst.

COVID-19 Impact Insights

The novel coronavirus pandemic has drastically impacted global manufacturing capacities, crippling distribution networks and disrupting supply chains. Government mandated shutdowns have caused a decline in production activities, reducing profit margins and stemming revenue inflow.

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Due to this shutdown, the global packaging industry has also suffered several setbacks. The stick packaging market has also borne the brunt of this deceleration. Fortunately, the ever increasing demand for foodstuffs and pharmaceutical products has prompted providers to keep their businesses operational.

Growth is further being fueled by an increasing percentage of customers relying on virtual marketing platforms to avail their supply of essential commodities. Several food and pharmaceutical companies are investing in robust stick packaging solutions for this reason. Thus, a steady growth trajectory is on the cards.

Several regions are already experiencing a resurgence as lockdown restrictions ease. This is permitting various industries to restart their operations on a full-fledged basis, bridging potential supply-demand gaps. Consequently, the need for stick packaging solutions is also escalating.

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Competitive Landscape

Presence of multiple large, medium & small enterprises renders the global stick packaging market intensely competitive. To survive this breakneck competition, the listed players employ a host of strategies.

New product launches, partnerships & expansions and mergers & acquisitions are amongst the major strategies deployed by the aforementioned vendors. In addition, capacity expansion is also considered an effective growth strategy.

Some prominent players operating in this landscape are Amcor Plc, Glenroy, PrintPack Inc., Sharp, Aranow, Naturelle Ltd., Nellson Anahem, GFR Pharma Ltd., Catalent Inc., Hearthside Food Solutions LLC, Assemblies Unlimited Inc., Lithotype and Fresco Systems USA Inc.

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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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Sport Caps And Closures Market | North America is expected to exhibit a dominant stance throughout the forecast period

The market for sport closures and caps, which was valued at US$ 1 billion in 2022, is expected to grow to US$ 1.5 billion by the end of 2030. This industry analysis predicts that sales of sport caps and closures will grow at a CAGR of 4.5% from 2022 to 2030.

The demand for caps and closures of all kinds has grown significantly over the past several years as the global consumption of packaged foods and beverages has increased. In 2021, shipments of sport caps and closures were 1.3% of the global market share for caps and closures.

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Key Takeaways

Screw closures account for two-third share owing to their proven efficiency to offer effective sealing to the containers.
Plastic-based sport caps and closures remain the top-selling variant, despite regulations and blanket ban
Sport caps and closures with a diameter ranging between 21 mm and 30 mm are poised to account for more than 50% of market value.
North America is projected to remain the most lucrative region through the assessment period, accounting for nearly 1/3rd of market value, backed by the presence of leading players
Europe will prevail as the second most lucrative region, holding a quarter of the market value.
East Asia and South Asia are foreseen to collectively capture over 1/4th of global value by the end of 2030.

“Market players are focusing on making products eco-friendlier to comply with the environmental regulations in place and are opting for recycled and recyclable plastic raw materials to achieve the same,” remarks FMI analyst.

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COVID-19 Impact on Sport Caps and Closures Market

The COVID-19 pandemic has led to muted demand for non-essential packaging solutions and sport caps and closures are no different.

Sporting events and fitness centers have remained crucial factors driving the demand for sport caps and closures, where they are used to store sports drinks, energy drinks, steel beverages, and water, among other beverages. The cancellation of major sporting events and shut-down of fitness centers to contain the outbreak are expected to create a contraction in demand during the pandemic.

On the supply side, disruptions such as hindered productions, workforce shortages, disturbances in delivery networks are leading to a plummet in production volume, thus adversely impacting the overall growth.

Demand Survey Of Sport Caps And Closures (2015 To 2021) Vs Market Estimates (2022 To 2030)

Consumption of sport caps and closures over the past few years saw a steady rise as they were predominantly being used to seal water bottles and other beverages. Demand for multiple beverages like healthy drinks, spirits, non-alcoholic beverages, etc., has increased and driven sport cap and closure sales, which rose at a CAGR of 3.9% from 2015 to 2021.

Increasing consumption of beverages across the world, rise in popularity of RTD (ready-to-drink) beverages, increasing demand for use of sustainable caps and closures, and stringent regulations regarding the use of plastics in packaging are some of the major factors that will influence the sport caps and closures market potential through 2030.

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Key Segments Of Sport Caps And Closures Industry Survey

Sport Caps and Closures Market By Cap Type :

Screw Closures
Snap Closures
Push & Pull Closures
Others

Sport Caps and Closures Market By Material :

Plastic Sport Caps and Closures
- Polypropylene (PP) Sport Caps and Closures
- Polyethylene terephthalate (PET) Sport Caps and Closures
- Polystyrene (PS) Sport Caps and Closures
- Polyethylene (PE) Sport Caps and Closures
- Others Plastics
Metal Sport Caps and Closures
- Steel Sport Caps and Closures
- Tin Plate Sport Caps and Closures
- Aluminium Sport Caps and Closures

Sport Caps and Closures Market By Diameter :

Up to 20 mm Sport Caps and Closures
21-30 mm Sport Caps and Closures
31-40 mm Sport Caps and Closures
Above 40 mm Sport Caps and Closures

Sport Caps and Closures Market By Region :

North America Sport Caps and Closures Market
Latin America Sport Caps and Closures Market
Europe Sport Caps and Closures Market
East Asia Sport Caps and Closures Market
South Asia & Pacific Sport Caps and Closures Market
Middle East & Africa (MEA) Sport Caps and Closures Market

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Eco-Friendly Straws Market sales account for 12.6% of the globally

Green straws are witnessing remarkable adoption across a broad spectrum of end-use industries. From food service to home consumption, eco-friendly straws are gaining traction, especially among carbon-conscious consumers.

The global eco-friendly straws market is expected to witness a positive growth trend through 2030, mainly owing to growing interest in sustainable manufacturing and consumption. The report found that awareness of growing interest in sustainable living and environmental protection will influence investment in green products and straws as a category will benefit.

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The demand for eco-friendly straws is particularly strong in the food service sector, with a growing proportion of consumers preferring fast food and other ready-to-eat meals.

Growing interest in reducing plastics

In 2018, 250 organizations responsible for one-fifth of the world’s plastic packaging produced worldwide announced their commitment to reducing waste and pollution through the New Plastics Economy Global Commitment.

The initiative brings together various member groups from companies such as H&M, Unilever, PepsiCo, L’Oréal, Nestle and Coca-Cola, as well as several well-known organizations such as WWF, WEF and Consumer Goods Forum.

Main Content Global eco-friendly straw market expected to grow at a CAGR of 4.9% by 2030 Strict legal provisions combined with NGO awareness campaigns to curb plastic waste to drive market growth Virgin Kraft Paper Sees Maximum Adoption in Green Straw Production Due to Enhanced Material Neutrality Exceed $2 billion in revenue from e-commerce channels by 2030 Europe will witness more investment in eco-friendly straws

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competitive landscape

Key players are diversifying their product portfolios to focus on expanding their reach globally. They also conduct awareness campaigns to minimize the use of non-recyclable materials and strategic partnerships with existing players.

Recently, in May 2020, Huhtamaki Oyj announced a global partnership with WasteAid to drive community-level circular economy innovation in key regions. The collaboration aims to provide education and training in waste management and recycling systems and to work with key stakeholders in India, Vietnam and South Africa.

COVID-19 Crisis Analysis

In the first quarter of 2020, the world was faced with adverse pandemic conditions, and this negatively impacted multiple sectors as disruptions to supply chains and manufacturing facilities were observed.

However, shipments of eco-friendly straws saw a rise for household use as the work-from-home trend picked up pace during the pandemic. Online food and beverage deliveries also saw substantial increase in business during the pandemic era which subsequently drove demand and sales of eco-friendly straws.

Eco-friendly paper straws, earth-friendly straws, biodegradable straws, eco-friendly bamboo straws, and other eco straws are anticipated to see steady increase in demand in the post-pandemic era.

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Key Segments Of Eco-Friendly Straws Industry Survey

Eco-Friendly Straws Market By Straw Width / Diameter :

< 7 mm Eco-friendly Straws
7-10 mm Eco-friendly Straws
10-15 mm Eco-friendly Straws
> 15 mm Eco-friendly Straws

Eco-Friendly Straws Market By Product Type :

Straight Eco-friendly Straws
- Printed
- Non-printed
Flexible Eco-friendly Straws
- Printed
- Non-printed

Eco-Friendly Straws Market By Distribution Channel :

Eco-friendly Straw Manufacturers (Direct Sales)
Eco-friendly Straw Distributors
Eco-friendly Straw Retailers
Eco-friendly Straws Sold in Hypermarkets
Eco-friendly Straws Sold in Supermarkets
Eco-friendly Straws Sold in Convenience Stores
Eco-friendly Straws Sold in Specialty Stores
Eco-friendly Straws Sold in Discount Stores & Warehouse/Wholesale Clubs
Eco-friendly Straws Sold through e-Retail

Eco-Friendly Straws Market By Material :

Paper Eco-friendly Straws
- Virgin Craft Paper
- Recycled Paper
Pasta Eco-friendly Straws
Glass Eco-friendly Straws
Bamboo Eco-friendly Straws
Polylactic Acid (PLA) Eco-friendly Straws
Metal Eco-friendly Straws

Eco-Friendly Straws Market By End Use :

Eco-friendly Straws for Food Service
Eco-friendly Straws for Hotels & Logistics
Eco-friendly Straws for Bars & Lounges
Eco-friendly Straws for Cafes & Fast Food Outlets
Eco-friendly Straws for Cinemas
Eco-friendly Straws for Airline & Railway Catering
Eco-friendly Straws for Institutional Use
Eco-friendly Straws for Educational Use
Eco-friendly Straws for Healthcare Use
Eco-friendly Straws for Corporate Use
Eco-friendly Straws for Household Use

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Heat Induction Cap Liner Market | North America is expected to remain at the leading position Globally between 2022-2030

The top notch Heat Induction Cap Liners Market report has been designed by keeping in mind the customer requirements which assist businesses in increasing their return on investment (ROI). The Heat Induction Cap Liners Market report describes CAGR (compound annual growth rate) values and its fluctuations for the specific forecast period. This Heat Induction Cap Liners Market research report also endows with the information, statistics, facts and figures which are very helpful for the companies to maximize or minimize the production of goods depending on the states of demand.

The heat induction cap liners market is destined to be worth US$ 1,020 Mn by the year 2030, witnessing a growth rate of 5.5%.

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Major Points Covered in Heat Induction Cap Liners Market Report: –

Heat Induction Cap Liners Market Overview
Heat Induction Cap Liners Industry Competition by Manufacturers
Heat Induction Cap Liners Market Capacity, Production, Revenue (Value) by Region
Heat Induction Cap Liners Market Supply (Production), Consumption, Export, Import by Region
Market Production, Revenue, Price Trend by Type
Market Industry Analysis by Application
Industry Manufacturing Cost Analysis
Heat Induction Cap Liners Market Manufacturers Profiles/Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors
Market Effect Factors Analysis

Some of the leading companies are dedicating their resources towards product development to gain competitive advantage. FMI’s report includes profiles of some of the most prominent names in the market including Tekni-plex, Inc., Selig Group, Bluemay Weston Limited, B&B Cap Liners LLC, Pres-On Corporation, Low’s Capseal Sdn Bhd, Well-Pack, industries Co., Ltd., Tien Lik Cap Seal Sdn. Bhd, Captel International Pvt Ltd., and others.

The rising demand for technologically advanced packaging is aiding the expansion of the heat induction cap liners market. Future Market Insights (FMI) has forecast the market to record accelerated pace of gains backed by the rising demand for packaged food and drinks.

Heat induction cap liners are integral to packaging designs for bottles and jars. These liners help in preventing leakage, keeping contents inside fresh for a longer period of time. Induction cap liners are manufactured to offer advanced tamper-proof characteristics to packages.

They serve as excellent barriers to leakage, improving the shelf life of product within. These liners can be used in a variety of bottles and jars and are therefore used increasingly across industries such as food and beverages, pharmaceuticals, personal care and cosmetics.

FMI’s study on the heat induction caps liners is intended to discover hidden opportunities within the market. It identifies the most lucrative pockets and warns companies against potential threats. Some of the key takeaways from the report are:

The heat induction cap liners market is poised to surge at above 5.5% CAGR between 2022 and 2030
Among materials used, plastic will account for more than half of the market. Paper however will constitute the fastest growing segment
While demand in pharmaceutical packaging is forecast to surge, the food segment will continue leading the market through the forecast period
Macroeconomic factors rising willingness to spend and focus on environmental impacts will augur well for the market
North America is likely to remain a key market through the course of the forecast period

“Rising ecommerce penetration will aid the expansion of the market. The volume of order places online is rising at a staggering pace. Therefore the demand for convenient, flexible, and sustainable packaging is rising. Spurred by the rising focus on online delivery, heat induction cap liners have emerged as an important component to ensure leakage and tamper-proof packaging so that the product within bottles or jars are not damaged during transit,” said a lead analyst at FMI..

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COVID-19 Impact on Heat Induction Cap Liners Market

The unprecedented COVID-19 outbreak has halted production across various industries. Complete and partial lockdown orders implemented across the world have caused supply chain disruptions. Most industries will take time to recover their growth pace even after economies attempt to return to normalcy after extended periods of shut down.

On the flip side though the demand for packaged food and drinks has been skyrocketing during COVID-19 especially as consumers show inclination for eating food at home. The demand for food and drinks with longer shelf life is compelling manufacturers to especially focus on packaging. This is fuelling the demand for heat induction cap liners.

Who is winning?

The presence of several regional and unorganized players has rendered the market fragmented. Competition is likely to be fiercer in Asia Pacific since the region witnesses a higher presence of smaller companies.

Big players in the market are therefore focusing on merger and acquisition to expand their global footprint and portfolio. Besides strategic collaborations, the market also exhibits ample scope for research and development.

Key Segments Covered in Heat Induction Cap Liners Industry Research

Heat Induction Cap Liners Market by Material:

Rubber
Metal (foil)
Plastic
Paper

Heat Induction Cap Liners Market by Application:

Bottles
Jars

Heat Induction Cap Liners Market by End-user:

Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Homecare
Chemicals & Fertilizers

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Heat Induction Cap Liners Market by Region:

North America Heat Induction Cap Liners Market
Latin America Heat Induction Cap Liners Market
Europe Heat Induction Cap Liners Market
East Asia Heat Induction Cap Liners Market
South Asia Heat Induction Cap Liners Market
Oceania Heat Induction Cap Liners Market
Middle East & Africa (MEA) Heat Induction Cap Liners Market

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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Multi Head Filling Machines Market to registering 5.7% CAGR during the forecast period 2022-2032

In 2022, the market for multi-head filling machines is projected to be worth US$ 3.8 billion. In the forecast period from 2022 to 2032, it is expected to develop exponentially at a CAGR of 5.7%, reaching US$ 7.4 billion. In the near future, the demand for multi-head filling machines is projected to increase due to the growing requirement for accurate filling in the food and beverage packaging sector. Filling bottles, pouches, bags, and other similar containers is the primary purpose of multi-head filling machines. These devices have nozzles of various sizes attached to syringes. The liquid that is to be filled determines the size and kind of nozzles.

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Market Competition

Some of the renowned companies present in the global multi-head filling machines market include

Smurfit Kappa Group Plc,
Tenco srl,
PER-FIL Industries,
Inline Filling Systems Inc., and
TGP Packaging Private Limited among others.

Leading companies are mainly focusing on investing huge sums in the development of new manufacturing facilities to expand their businesses and cater to the high unmet needs of customers. Some of the other companies are aiming to engage in partnerships, joint ventures, new product launches, and agreements to strengthen their presence in the market.

Multi Head Filling Machines Market: Dynamics

Increasing demand for accurate filling from food & beverage packaging industry is expected to be one of the key driver for the multi head filling machines market. The rising preference for smaller pack sizes has resulted in increased demand for efficient filling solutions which has surged the demand for multi head filling machines. On the backdrop of increasing consumption of packaged goods and rising penetration of small pack sizes, the demand for multi head filling machines is expected to grow during the forecast period.

Moreover, the demand for multi head filling machines is expected to be driven by technological advancements in the filling process. With the innovations such as continuous electric monitoring and increasing automation in the filing process, multi head filling machines are expected to witness steady growth in the next decade. Manufacturers of multi head filling machines are launching innovative solutions to cater to the filling needs of different end users. For instance,

In January 2019, Smurfit Kappa Group, one of the leading provider of packaging solutions, has launched a triple head automatic filling machine which is capable of filling up to 45 containers per minute

Automatic multi head filling machines have resulted in reducing the setup time along with increasing the accuracy and precision during filling process. Hence they are expected to gain more traction among the end use manufacturers.

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What are the Challenges Faced by the Multi-Head Filling Machines Industry?

As multi-head filling machines are automated devices, these require highly skilled workers for operating purposes. The rising labor cost in developed countries and the unavailability of skilled workers in emerging economies may hinder the multi-head filling machines market size in future years. In addition to that, increasing awareness regarding the negative impact of ready-to-eat food and carbonated beverages on an individual’s body is set to obstruct the growth.

Multi Head Filling Machines Market: Regional Outlook

Geographically, the Multi head filling machines market has been divided into seven key regions which includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan. Countries in the Asia Pacific region are expected to represent substantial growth opportunities for the multi head filling machines market owing to the increasing manufacturing as well as construction activities in the region.

North America followed by Western Europe is expected to create high incremental opportunities for multi head filling machines market, which can be attributed to high per capita consumption of packaged goods in the region. The overall multi head filling machines market is expected to have a positive outlook and grow at a healthy CAGR in the coming years.

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Key Segments Profiled in the Multi-Head Filling Machines Industry Survey

By Product Type:

Liquid Filling Machine
Paste Filling Machine
Powder Filling Machine
Granular Filling Machine

By Filler Type:

Vacuum Fillers
Piston Fillers
Spray Fillers
Others

By Automation Type:

Automatic
Semi-automatic

By End Use:

Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Chemical & Lubricants
Others (Manufacturing, Industrial packaging etc.)

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Heavy duty Paper Tags Market is anticipated to register a CAGR of 5% during the forecast period 2022 – 2032

Due to cost effectiveness and the growing shipping sector, the heavy duty paper tags market is predicted to grow at a CAGR of 5% during the forecast period and reach a market share of US$ 3.4 billion in 2032 from US$ 2 billion in 2021. Due to their affordability in labelling tools and uses including tracking shipments, managing inventories, preserving records, and disseminating safety information, heavy strength paper tags are in high demand.

Because heavy-duty paper tags include a rapid latch clasp that enables quick and secure attachment to retail items, their sales are increasing. Heavy-duty paper tags are in high demand because of their vivid colours and clear typography.

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What is the Competitive outlook of the Heavy Duty Paper Tags Market?

Brady,
Uline,
Avery Dennison,
Seton,
Brown & Pratt,
Universal Tag Inc.

are some major key players in the heavy duty paper tags market, holding a substantial, heavy duty paper tags market share.

The installed base of various types of products for the heavy duty paper tags market, the impact of technology using lifeline curves, changes in healthcare regulatory scenarios, and their impact on demand for heavy duty paper tags are all elements to consider.
The report covered the following topics: company overviews, financial, revenue generated, market potential, R & D investment, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance, and sales of heavy duty paper tags.

What Factors Affect the Market for Heavy Duty Paper Tags?
As the transportation industry expands, there is a rising demand for heavy strength paper tags due to their affordability. Heavy strength paper tag sales are increasing because they are a great way to track goods that are transported and relocated every day.

Sales of heavy duty paper tags increased and are used for inventory management as printed inventory keeping templates are already available and can be handwritten. The market share of heavy duty paper tags is growing as a result of its affordability.

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What are the Opportunities present in the Heavy Duty Paper Tags Market?

Sales of heavy duty paper tags are boosting, as it ensures that the irregularly shaped parcels are transported safely. Heavy duty paper tags market is rising, as when compared to cotton string, heavy duty paper tags created with wire are made from pre-cut 26-gauge wire and are more resistant to damage.

Colored heavy-duty paper tags can be printed to match the rest of the packaging materials, providing a branding opportunity. The rise of the shipping and transportation industries, as well as inventory management in industrial applications, are driving the demand for heavy duty paper tags.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Impact of Covid-19

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

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By 2032, the Cartoning Machines Market is likely to grow to a revenue of US$ 7,366 Mn

Due to the rising demand throughout the course of the projected period, a CAGR of 5% is anticipated for the worldwide cartoning machines market. It is projected to increase in value from US$ 4,522 Mn in 2022 to US$ 7,366 Mn by 2032.

As trade and commercial ties between the two nations grow as a result of globalisation and government rules on the packing and transportation of goods, the market for cartoning machines is projected to grow. On the other hand, fresh upcoming entrepreneurship and import-export business ideas are expected to accelerate market growth.

Innovation in the industry has led to many patents in the cartoning machine market, which in turn makes the market competitive and paves the way for key players in the market to innovate. The end-use industries for cartoning machines include the likes of food & beverages, and the pharmaceutical industry, both of which are growing rapidly in developing areas, thereby creating a positive outlook for the cartoning machine market.

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Competitive Landscape of the Cartoning Machines Market

The major market players are focusing on launching company-dedicated websites for their customers, across the globe. This is to improve their product quality, reduce resource consumption, particularly for the pharmaceutical industry. It also aids in expanding their product portfolio to consumers in farther regions.

Some of the recent developments in the cartoning machines market are:

In August 2018, Robert Bosch LLC launched kliklok midrange endload cartoner designed for food safety standard and maximum production levels that can pack up to 170 cartons per minute.
In July 2019, Douglas Machine Inc. introduced ‘Axiom IM case packer’ that has speeds up to 34 cases per minute for packaging frozen food cartons.

KEY MARKET PLAYERS OF THE CARTONING MACHINES MARKET

Pakmatic Company (PTY) LTD.
Betti s.r.l.
Bivans Corporation
Trustar Pharma & Packing Equipment Co. Ltd.
Engelmann & Buckham Ltd.
Molins Group
EconoCorp Inc.
Robert Bosch GmbH
Tetra Pack International S.A
ACG Worldwide
Langley Holdings PLC
Marchesini Group S.p.A.
Jacob White Packaging Ltd.
ADCO Manufacturing
Triangle Package Machinery Co.
PMR Packaging Inc.
Packaging Equipment Inc.

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Keep track of the Market’s Main Drivers for Cartoning Machines
The desire for creative packaging solutions has increased recently. Additionally, there is a significant need for affordable equipment. These are the main factors that will probably encourage the expansion of the market for cartoning machines.

In order to address environmental concerns, consumers now want robust packaging that is also recyclable. Additionally, consumers like packaging that is more creatively organised. This is additionally anticipated to support market growth.

Clinical product storage needs to be strong in the healthcare sector. As a result, the demand for cartoning machines in the healthcare sector has been quite high, which in turn drives the rise of the market share.

Cartoning Machines: Market Dynamics

Increasing logistics and e-commerce has led to a high demand for the cartoning machines market. Cartons are extensively employed for the transportation of the product to different places for safe transit. Cartons have an increasing demand from food & beverages segment especially for the storage of non-carbonated beverages.

The above factors cumulatively are driving the global cartoning machines market. The presence of packaging types other than cartons is gaining traction among the end users which is one factor restraining the growth of the global cartoning machines market. Innovation such as integrated barcode systems and vision system is a key trend prevailing in the global cartoning machines market.

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Strapping and Banding Equipment Market is expected to expand at a CAGR of 4.8% from 2022 to 2032

As per Future Market Insights, the strapping and banding equipment market is expected to reach US$ 2.3 Bn in 2022 and surpass a valuation of US$ 3.7 Bn by 2032. Sales in the market are projected to expand at 4.8% CAGR between 2022 and 2032 on the back of rising demand for automated packaging equipment for diverse industries.

Strapping and banding equipment are used for shipping and transportation of bulky and heavy goods as it ensures the safety of the package while transit. From small business who have limited shipping and packaging needs to mass production businesses, requiring packaging needs strapping and banding equipment. Due to these benefits of strapping and banding equipment the demand for the strapping and banding equipment market is growing.

Strapping and banding equipment market is expected to see a tremendous growth in the forecast period due to the rising application in food & beverages, consumer electronics, e-commerce, and others. Increasing concern to protect products from damage during transportation is growing strapping and banding equipment market.

Strapping and banding equipment are of three types such as fully-automatic, semi-automatic, and manual. Over the forecast period the demand for fully-automatic strapping and banding equipment will be higher due to rising automation in the packaging industry.

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Key Takeaways from Global Strapping and Banding Equipment Market

As per end-use industry, e-commerce is expected to hold 36% of the market share in 2032.
Based on automation type, fully-automatic strapping and banding equipment are expected to increase 1.7 times the current market sales in the forecasted period.
South Asia and East Asia are expected to be the largest market for strapping and banding equipment, with sales surging at a CAGR of 5.2% between 2022 and 2032.
India is expected to lead the growth in South Asia market due to the presence of several leading manufacturing companies in the country.
Food & beverage is expected to be the second-leading end use segment in strapping and banding equipment market.

“Automatic strapping and banding equipment are cost-effective, saves time and do work without much effort. Hence, manufacturers are investing more in automatic strapping and banding equipment to achieve production efficiency and reduce the manual efforts. They are leveraging their cutting-edge and green technology to capitalize on growing demand for safe packaging equipment from diverse industries” – comments FMI analyst

Increasing Need to Protect Products from Damage during Shipping to Create Demand

The threat of damage to goods during the transport process reduces significantly when they are accurately bound with a strapping and banding equipment. Protection of products requires pallet banding to hold, combine, fasten the goods, and stabilize. strapping and banding equipment are used to rapidly wrap large or small quantities of product to facilitate quicker transportation both to and from train or truck.

When the products are banded it improves their life expectancy of them throughout transport which helps to protect the product from getting damaged. Thus, the demand for strapping and banding equipment is rising due to the increasing need to protect products from damage during shipping.

Global Strapping and Banding Equipment Market Landscape

Signode Packaging Systems Corporation, FEIFER, TransPak, Vestil Manufacturing Corp., The Plastic Strapping Company Ltd, Allstrap Steel & Poly Strapping Systems LLC, Mosca GmbH, Strapack, Inc., W rent, s. r. o., Fromm Holding AG, FELINS, Cyclop International, Jia-in Industry Co., Ltd., Plasticband, S.A., Jining Myway Machinery Co., Ltd., ISG PACK, ESE Direct Ltd., Martin & Weissgerber Kaltband GmbH

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Global Strapping and Banding Equipment Market Report

Future market insights, in its new report, offers an unbiased analysis of the global market for strapping and banding equipment market by automation type (fully-automatic, semi-automatic, and manual), by product type (horizontal strapping and banding equipment, vertical strapping and banding equipment), by end-use (food & beverages, consumer electronics, household, e-commerce, automobile, others) across seven regions.

About the Packaging Division at Future Market Insights

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

Strapping and Banding Equipment Market by Category

By Automation Type:

Fully-Automatic
Semi-Automatic
Manual

By Product Type:

Horizontal Strapping and Banding Equipment
Vertical Strapping and Banding Equipment

By End Use:

Food & Beverages
Consumer Electronics
Household
E-commerce
Automobile
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Middle East & Africa
Oceania

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

About Future Market Insights, Inc.

Bulk Liquid Transport Packaging Market by Material Type, End-User & Region – Forecast 2022 – 2032

The market for bulk liquid transport packaging is projected to grow at a CAGR of 3.5% over the course of the forecast period, from a market share of US$ 1341.4 million in 2022 to US$ 1893.5 million in 2032.

The enormous amount of materials and goods that are carried internationally serves as evidence of the importance of the bulk container packaging sector. The demand for bulk liquid transport packaging is being driven by the increase in the consumption of different chemical products across numerous industries. It also functions as a substitute for heavyweight plastics or metal intermediate bulk containers, which could greatly increase demand for it in the upcoming years.

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Competitive Landscape:

Smurfit Kappa plc,
Plascon Packaging,
LiquiSet Bulk Liquid Packaging System,
Qbig Packaging B.V.,
DS Smith plc,
PacTec, Inc.,
International Paper Company, and
Interstate Chemical Co.

are some of the key players in the global bulk container packaging market.

Headways in the Bulk Liquid Transport Packaging Market

The bulk liquid transport packaging market is expected to grow due to increased demand for sustainable and durable packaging products from various end-use industries. Bulk liquid transport packaging is made of long-lasting materials such as wood, plastic, and metal.

They are intended for multiple trips and are designed to withstand rough handling throughout the supply chain. When compared to expendable packaging, the initial investment for such products is significantly higher with increasing trips; a lower cost per trip can be achieved, ensuring a quick return on investment.

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Global bulk liquid transport packaging market: Market Dynamics

The demand for bulk liquid transport packaging is primarily driven due to the rise in consumption of the various chemical products in different industries Also, it acts as an alternative packaging solution to heavyweight plastics or metal intermediate bulk containers which may boost its demand to several folds in the coming years. The bulk liquid transport packaging is an ideal packaging solution for the transportation of the various liquid good in different industries.

The changing preferences of the suppliers towards more cost-effective packaging solution is driving the demand for these type of packaging products. The main restraints of the bulk liquid transport packaging market are the slow growth in the next few years due to the slow adoption of these products.

The latest trend observed in the bulk liquid transport packaging market is the high innovation in the product to meet the specific demand of the manufacturers and suppliers. There are lots of opportunities in both emerging and developed market for the bulk liquid transport packaging market due to high suitability for liquid transportation and cheaper cost.

Global bulk liquid transport packaging market: Regional outlook

Geographically, the global bulk liquid transport packaging market is segmented across following regions- North America, Eastern Europe, Western Europe, Asia-Pacific Excluding Japan, Japan, Latin America, Middle East and Africa (MEA). The demand for bulk liquid transport packaging market is growing substantially in the North American and European region due to changing preferences of the supplier to pack their products in more cost effective and environment-friendly packaging solution.

Germany and Italy dominate the bulk liquid transport packaging market in the European region with the highest market share throughout the forecast period. The Asia Pacific region is also expected to offer high growth potential for the bulk liquid transport packaging market in the coming years because of rising concern over using more environment-friendly products in the region.

Other regions including Latin America, MEA, and Japan also offer untapped growth potential in the bulk liquid transport packaging market in the next few years.

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KEY SEGMENTS:

By Material Type:

Corrugated Cardboard
Plastics
Metal
Others

By End Use:

Chemical
Dairy
Beverages
Other Industrial Goods

By Region:

North America
Latin America
Asia Pacific
Europe
MEA

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

About Future Market Insights, Inc.

By the end of 2032, Zero-waste Packaging Market is projected to reach US$ 2.3 Bn

The market for zero-waste packaging is anticipated to grow at a CAGR of 8.8% from 2022 to 2032, reaching a worth of US$ 984.9 Mn in 2022. By the end of 2032, the market is anticipated to reach US$ 2,289.1 Mn. Sales of zero-waste packaging are expected to increase, with the top 5 companies expected to control between 20 and 25 percent of the global market by the end of 2022.

The value of the global market, according to FMI, was US$ 905.2 Mn in the base year (2021). In 2022, the top 3 nations are anticipated to account for 35–40% of the global market for zero-waste packaging. Government measures to protect the environment are growing, and consumer preference for eco-friendly products is also rising.

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Competitive Landscape

The market for zero-waste packaging is competitive in nature with the presence of several regional and local players. Top manufacturers in the packaging sector are implementing numerous tactics like partnerships, mergers, and acquisitions. To boost their visibility among customers, major market players are concentrating on product advancements and the development of new materials.

Some of the latest industry developments include:

In May 2022, G. Mondini trialed TIPA’s biodegradable films as liners for its paper-based packaging options for chilled, wet, fresh food, and frozen products. The organization claimed that the partnership will enable G. Mondini to offer Paperseal packaging solutions made of paper that is designed for use in food applications and compostable items.

Demand Outlook for Zero-Waste Packaging from 2015 to 2021 Compared to 2022 to 2032 Forecast
Over the past few years, the market for zero-waste packaging has grown at a CAGR of 5.8%. (2015-2021). By the end of 2015 and about 2021, it was valued at approximately US$ 905.2 Mn and US$ 644.7 Mn, respectively.

Companies are quickly switching from plastic packaging to eco-friendly and zero-waste packaging items as a result of growing environmental concerns related to plastics. Sales would be boosted in the next years by increasing consumer demand for paper and its use in environmentally friendly and sustainable packaging, as well as by packaging makers’ development of novel materials.

After manufacturers stop using plastic, consumers and consumers can reuse packaging, resulting in zero waste.

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Zero-waste Packaging Market Outlook by Category

By Product Type:

Reusable Packaging
Compostable Packaging
Edible Packaging

By Distribution Channel:

Online
Offline

By End Use:

Food & Beverages
Healthcare
Cosmetics & Personal Care
Electrical & Electronics
Others (Automotive, Consumer Durable, etc.)

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

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About Future Market Insights, Inc.