Duct Tapes Market is likely to project a CAGR of 5.1% during the forecast period

The global duct tape market is expected to bolster at a robust CAGR of 5.1% over the assessment period between 2022 and 2032. The global market is anticipated to hold a valuation of US$ 4.42 Bn in 2022 and reach around US$ 7.27 Bn by 2032. Duct tapes are adhesive tapes that are commonly used for sealing, repairing, waterproofing, strapping, splicing, holding, and other chores. In the absence of tweezers, sticky duct tape can be used to remove small splinters. By sticking a small piece of duct tape to the splinter-affected areas then it can efficiently remove if the user slowly peels off the tape.

Duct tape has a wide array of applications all over the world which can be easily found in any household. It comprises a widespread application ranging from fixing stuff to covering something which has expanded the duct tape market over recent years. Owing to the latest technology and innovation integrating with duct tape manufacturing have shifted their inclination from conventional material to the latest lightweight material including fiber or latex. Duct tapes are excessively used to hide small objects in such a place that is hard to find, or reach is known as an integral part of its applications. Duct tape is strong enough to secure keys, money, credit cards, and more.

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Key Takeaways

  • A recent global study on duct tapes suggests that the restoration of multiple industries post the Covid-19 pandemic increased its pace along with the exponential growth of e-commerce market fueled the sales of duct tapes over the recent years. The growth of the global duct tape market is attributed to the advanced packaging solutions for clothes, food, and other equipment which has led to a higher demand for duct tape since it also provides sustainable packaging solutions.
  • In the technologically driven world, rapid innovations are taking over every industry and are known to accelerate in the future. Owing to the rising production combined with the consumption of electronics and electrical products has resulted in creating impressive scope for the expansion of the duct tapes market.
  • Due to the rising online food delivery platforms, the demand for a solid packing solution is a must. Duct tapes being an integral part of the packing industry have made their mark in the FMCG ecosystem. Backed by these factors, the duct tape market is expected to bolster over the assessment period.
  • Various food safety regulatory authorities are constantly focusing on eliminating harmful substances from the food packaging industry in order to reduce the risks of contamination of food during transit, expanding the duct tape market size. The significant growth of online food delivery platforms and the elevation in-home deliveries of food have resulted in high demand for food packaging products, including adhesive tapes of all types. The demand for 100% food-grade duct tape is rising exponentially.

Competitive Landscape

The prominent manufacturers of duct tape are concentrating on increasing their production capacity in order to meet the surging demand from numerous industries such as building & construction, HVAC, automotive, shipping & logistics, electrical & electronics, and others. Companies also acquire, merge, and promote their products to enhance their supply chain and sales.

More Insights into the Duct Tapes Market

North America is anticipated to dominate the global duct tape market as it accounts for around 90% of the market share. The United States is expected to become the most attractive market for duct tape owing to the growing building and construction industry.

Germany is predicted to be the second largest market in the European duct tapes market which is expected to account for around 20% of the European market share by the end of 2031. The exponential growth of the electrical & electronic industry in Europe will continue augmenting the sales of duct tape.

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Key Segments

By Product Type:

  • Removable Duct Tapes
  • Professional Grade Duct Tapes
  • Utility Duct Tapes
  • Specialized High Strength Duct Tapes

By Adhesive Type:

  • Natural Rubber based Adhesives
  • Synthetic Rubber based Adhesives

By Backing Type:

  • Plastic
    • Polyethylene
    • Polyvinyl Chloride
    • Polyester
  • Foil
  • Cloth

By Application:

  • Sealing
  • Repairing
  • Holding
  • Waterproofing
  • Coding
  • Strapping
  • Splicing
  • Others

By Thickness:

  • <10 Mil
  • 10 to 15 Mil
  • >15 Mil

By End Use Industry:

  • HVAC
  • Building & Construction
  • Shipping & Logistics
  • Automotive
  • Electrical & Electronics
  • DIY Activities

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During 2022 – 2032, the global Can Holders Market is anticipated to expand at a CAGR of 3.6%

The global Can Holders Market is expected to reach $399.4 million in 2022 and expand at an annual rate of 3.6% over the next ten years before reaching 567.7 Mn by 2032

The can holders are used for carrying and holding more than one can together this helps in carrying or holding multiple cans at a time. The can holders are made from different materials such as plastic or paper or metal. The can holders are made available in rigid as well as semi-rigid form based on the requirement of end-users. The can holders are a cost-effective, durable, reusable, and rigid packaging solution that helps in saving time by carrying multiple cans at a time. The increasing demand for cans in the food & beverage industry propels the demand for can holders.

Moreover, the availability of customization such as printing on the can holders, varying carrying capacity, and others gain traction among the end-users. The increasing foodservice outlets, restaurants, hotels & motels, and cafes are projected to augment the sales of can holders. Overall, based on the benefits offered by can holders as well as the expanding end-users base is estimated to propel the sales of can holders during the forecast period

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Future Market Insights forecast that there are various opportunities for the players operating in the can holders market in the coming future due to the innovation & customization offered by manufacturers of can holders. The growth of the can holders market seems rising across the various regions.

Key Takeaways from Can Holders Market

  • Plastic is the dominant material with a 47% market share in 2021 which increases to 51% in 2032 and the same segment is projected to create an incremental opportunity of US$ 986.8 Mn during 2022-2032. It is anticipated to expand at a CAGR of 4.3% during the forecast period against the CAGR of 3.5% during the historic period.
  • The hotels & motels industry is estimated to be a lucrative end-user for the can holders market. It is anticipated to accelerate with a CAGR of 3.0% in the global market and is expected to attract investors for can holders. The hotels & motels segment accounts for around 1/3rd portion of the total market share in 2021.
  • North America and Europe region are estimated to remain the lucrative market for the can holders during the forecast period.

“Due to shifting customer demand towards canned products and expanding food & beverage industry along with various product development in canned products is anticipated to augment the sales of can holders among the end-users” –says FMI Analyst

Increasing Number of Hotels & Motels along with its Online Delivery Service Drives the Demand for Can Holders

The hotels & motels industry is seeing growth, especially in a post-pandemic world. The growth in the industry is due to the emergence of direct-to-customer food and beverages delivery apps as well as increased demand for canned food and beverages. The Millennials and Gen Z also believe in the philosophy of YOLO (You Only Live Once) leading to more expenditure on food & beverages. In addition to it, technology is also playing a crucial part in the hotels & motels growth journey. The greater the sales of hotels & motels the greater the opportunity for the global can holders market as the hotels & motels segment contributed 33% of the market share in 2021 so it can propel the growth of the can holders market.

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Impact of COVID-19 on Can Holders market

COVID-19 marked a negative growth impact for the global can holders market. The manufacturing activities in various end use industries shut down and the lockdown situations across the world in the first half of 2020, marked major losses and decline in the global can holders market. Due to the no or low demand for can holders from the end-users, shutdown of various hotels & cafes, improper supply chain, risk of getting infected, government restriction on stepping out, and others are the major factor that had an adverse impact on the can holders market during the COVID-19 pandemic.

Later, with the end-users started to operate along with providing online delivery services as well reduction in government restriction created a growth opportunity for the can holders market. Thus, the future outlook for the can holders market is anticipated to propel during the forecast period.

Can Holders Market Landscape

Smurfit Kappa PLC, Graphic Packaging International LLC, WestRock Company, Roberts PolyPro Inc, PakTech, E6PR, Fishbone Packaging Inc., Stora Enso, Easternpak (Napco Paper Containers) and others are manufacturers operating in the can holders market. The Tier 1 players in the market hold 20-25% in the global can holders market.

Can Holders Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global can holders market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the can holders based on the material (plastic can holders, paper can holder, and metal can holders), capacity (2 cans, 4 cans, 6 cans, more than 6 cans), packaging type (rigid can holder & semi-rigid can holder), and end-user (hotels & motels, restaurants, cafes, foodservice outlets, others (institutes, airport station, etc.)) across seven regions.

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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. Material 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

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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.

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Global Window Packaging Market is anticipated to expand at a CAGR of 4.5% 2022 – 2032

The global window packaging market is anticipated to reach a value of US$ 4.5 billion in 2022 and continue to grow at a CAGR of 4.5% to reach US$ 7.0 billion by the year 2032, according to data from Future Market Insights. The top 3 nations are predicted to control between 35 and 40 percent of the market by the end of 2022, which would increase sales of boxes for different types of products.

Based on the material, it is anticipated that the paper and paperboard segment will continue to dominate the other materials used to make window packaging. Convenience, improved product protection, and its higher biodegradability than other materials are the driving forces behind the same. According to estimates, the paper & paperboard market will generate an additional

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Window Packaging Market- Market Dynamics

The growth in the window packaging market is primarily driven by the growth in the food and beverage and consumer goods industry. In addition, there are several advantages associated with window packaging that further fuels this growth.

The advantages of window packaging are that it maintains product integrity by eliminating the need for packs to be opened in-store as the contents are visible in this type of packaging,  it provides ease of replenishment, reduces transit damage, are also made from ecofriendly products.  Further, most of the major packaging companies are now shifting their attention towards eco-friendly flexible packaging with window display packaging in order to achieve greater consumer satisfaction.

On the other hand, restraining factors such as higher initial cost of raw materials, environmental concerns and stringent government regulations are hampering the growth in the window packaging market.

Window Packaging Market- Regional Outlook

Geographically, the window packaging market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The growth of global window packaging market is expected to witness a healthy CAGR over the forecast period of 2016-2024.

Moreover, Asia-Pacific is expected to experience the maximum growth in the window packaging market due to the rising consumption of food and beverage products and increasing retail industry in the developing economies of Asia Pacific.

North America and Europe are expected to witness an above average growth in the window packaging market primarily due to the higher adoption of window packaging in ready to eat food in these regions. MEA and Latin America are expected to experience a stagnant growth in the window packaging market.

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Window Packaging Market- Major Players

Some of the key players in the global window packaging market are

  • Amcor Ltd.,
  • Bemis Company, Inc.,
  • Westrock,
  • Wipak,
  • Mondi Group,
  • Smurfit Kappa Group PLC,
  • Klöckner Pentaplast GmbH & Co. KG.,
  • Graham Packaging,
  • Berry Plastic Group Inc.,

Alpha Packaging, Constar International, Dunmore, Shenzhen Tianya Paper Products Co., Ltd., Guangzhou Best Printing Trade Co., Ltd., Liaoning Hengyue Printing And Packaging Co., Shenzhen Xing Jun Hui Yinshuapin Limited, Guangzhou Xilong Plastic & Hardware Co., Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, material type, product type, end use.

How Customization Trend is driving the Sales of Window Packaging?

Nowadays, custom packaging is getting more popular. For every business keeping the cost low is one of its biggest targets. Window packaging is one of the most effective packaging solutions. According to the consumers packaging requirements, window packaging type such as boxes & cartons, pouches & bags, and mailers can be easily customized.

Customized window packaging allows to print useful information about the manufacturer and product and helps the product to stand out from the competitors. Consumers can choose from various shapes, styles, sizes, artwork etc. for their window packaging. Customized packaging enhances customer satisfaction level and loyalty towards the product and brand.

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Window packaging Market by Category

By Material, Window packaging Market is Segmented as:

  • Paper and Paperboard
  • Plastic
  • Glass
  • Others (Wood, etc.)

By Product Type, Window packaging Market is Segmented as:

  • Boxes & Cartons
  • Pouches &Bags
  • Mailers

By End Use, Window packaging Market is Segmented as:

  • Food
  • Beverages
  • Cosmetics & Personal Care
  • Garments and Apparels
  • Electronics
  • Others (Consumer Goods, etc.)

By Region, Window packaging Market is Segmented as:

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

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.

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Eye Cosmetic Packaging Market projected to registering 4.6% CAGR during the forecast period 2022-2032

The global eye cosmetic packaging market is anticipated to reach a value of US$ 1.6 billion in 2022 and continue to grow at a CAGR of 4.6% to reach US$ 2.4 billion by the year 2032, according to data from Future Market Insights. Sales of bottles for various products are forecast to increase, with the top 3 nations expected to control between 25 and 30 percent of the market by the end of 2022.

Based on the material, it is anticipated that the plastic segment will continue to dominate the other materials used for packaging eye cosmetics. The ease of material availability combined with the advantages of plastic eye cosmetic packaging, such as increased shelf life, durability, and cost-effectiveness, would explain the same.

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Eye Cosmetic Packaging Market: Key Players

Some key players of eye cosmetic packaging market are

  • Amcor Limited,
  • HCP Packaging,
  • Cosmopak, 3C Inc,
  • Alpha Packaging,
  • Color Carton Corporation,
  • ChingFon Industrial Co., LTD,
  • Anomatic,
  • Arcade Beauty,
  • APC Packaging,
  • Epopack Co., Ltd,
  • AptarGroup,
  • Libo Cosmetics Co., Ltd,
  • Quadpack Group.
Eye Cosmetic Packaging : Market Dynamics

Packaging manufacturers catering to diverse industries not only have to provide packaging and storage solutions but also have to consider the role of packaging in branding and product attractiveness. Eye cosmetic packaging market is directly co-related to the cosmetic packaging industry. The cosmetic packaging industry is estimated to be over US$ 30 billion which is expected to grow at a growth rate of 4% over the forecast period.

Eye cosmetics being a luxury product, the demand for eye cosmetic packaging market is influenced by the rise of the disposable income of the consumers in emerging economies. The concern among young urban class with respect to their looks and appearance is an important factor attributing to the increase in consumption of the eye cosmetics hence boosting the eye cosmetic packaging market.

Earlier people used to wear makeup occasionally, but now they are using makeup on a regular basis which is supporting the demand for eye cosmetic packaging market. The increasing number of the working women is widening the base of the consumers of eye cosmetics contributing to the eye cosmetics packaging market.

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Eye Cosmetic Packaging Market: Regional Outlook

North America region is expected to lead the eye cosmetic packaging market over the forecast period due to its large consumer base for eye cosmetic. APEJ and Latin America region is expected to deliver rapid growth for the eye cosmetic packaging market over the forecast period owing to the densely populated areas within the region and the rise of the disposable income especially in the emerging economies such as China, India, and Brazil.

The growth of the eye cosmetic packaging market in the Eastern & Western Europe is expected to be sluggish over the forecast period.

What Augment the Demand for Eye Cosmetic Packaging in the U.S.?

The U.S. eye cosmetic packaging market is anticipated to expand 1.6 times the current market value during the forecast period. According to Cosmetic Europe – the Personal Care Association, the retail sales price of the U.S. cosmetic and personal care market accounted for US$ 94 Bn in 2021. The expanding cosmetic and personal care industry in the U.S. is estimated to augment the demand for eye cosmetic packaging.

Eye Cosmetic Packaging Market by Category

By Material, Eye Cosmetic Packaging Market is Segmented as:

  • Plastic
  • Glass
  • Paper & Paperboard
  • Metal

By Product Type, Eye Cosmetic Packaging Market is Segmented as:

  • Bottles
  • Jars
  • Tubes
  • Boxes
  • Others (Dispenser Pumps, Stick Pen, etc.)

By Distribution Channel Eye Cosmetic Packaging Market is Segmented as:

  • Online
  • Offline

By Region, Eye Cosmetic Packaging Market is Segmented as:

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

Contact Us:

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T: +1-845-579-5705
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Metallized PET Cartons Market is expected to surpass US$ 290 Million by 2032

The market for metallized PET cartons is anticipated to expand steadily, with global revenues rising 2.7% from the previous year in 2021. According to a recent prediction by FMI, the market for metallized PET cartons will more than double between 2021 and 2031, reaching almost US$ 276.8 Mn at a 4.7% compound annual growth rate (CAGR) throughout that period.

According to recently published data from Future Market Insights (FMI), the total global consumption of metallized PET cartons is expected to reach 944 thousand tonnes in 2021, a rise of 2.6% year over year (YoY).

Key Takeaways from Metallized PET Cartons Market

  • The demand for polyethylene terephthalate (PET) in the packaging industry has increased exponentially in past few years. This segment is expected to create incremental opportunity of US$ 53.2 Mn over the next decade.
  • Metallized PET cartons that are printed is gaining significant traction among end users. This segment is forecasted to increase by 394 bps of current market share and reach up to 63.5% in 2031.
  • Increasing pharmaceutical packaging have increased the demand in the packaging industry. This segment is forecasted to expand 1.7 times the current market shares during the forecasted period.
  • Across the globe, consumption of Metallized PET Cartons is expected to remain high in the Asia Pacific countries and the European countries, due to the presence of key players of the market and also the availability of technological advancement owing to innovative packaging.

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Will the Demand for Luxury Packaging Favor Growth of Metallized PET Cartons?

Rising demand for luxury and attractive packaging has led to an increase in demand for packaging solutions. Metallized cartons are nothing but polymer-coated films with a thin layer of the metallic film.

They showcase an attractive metallic appearance that gives a premium and aesthetic look to the packaging. Metallized PET cartons have homogeneity of a metallic layer and this coating does not dissolve or fade anytime soon giving it a high clarity.

The manufacturing process of metallized PET printing on the cartons with good abrasion resistance and a thin layer of metal on the film gives a long-lasting look on the packaging.

Competitive Landscape

Companies operating in Metallized PET Cartons market are aiming at strategic collaborations and strategic partnerships with other manufacturers to expand their product portfolio.

  • In 2020, Printex transparent packaging company has developed a PET carton that is 100% made from recycled plastic and made into folding PET cartons that are metallized at the request of the customer.
  • In 2020, Pratiroop Mudran Company manufactures metallized PET cartons that are combined with effects like embossing and spot UV that creates magic for the brand. These innovative printing effects take cosmetic & personal care packaging to the next level.

Key Companies Profiled

  • Sierra Coating Technologies LLC
  • Pragati Graphics Pvt. Ltd.
  • Rich Offset Pvt Ltd.
  • Temple Packaging Pvt Ltd.
  • P.R Packagings Ltd.
  • Globe Print n Pack
  • Noble Printing Press
  • Grand Prints Pvt Ltd
  • Parth Offset
  • Rajhans Enterprises
  • Miracle Group India Pvt. Ltd.
  • Pratiroop Mudran

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Metallized PET Cartons Market by Category

By Material Type:

  • Polyethylene Terephthalate (PET)
  • Aluminum
  • Paperboard

By Finishing:

  • Printed
  • Non-printed

By End Use:

  • Food & Beverage
    • Milk
    • Yoghurt & Buttermilk
    • Fruit Juice
    • Carbonated Soft Drinks
    • Alcoholic Beverages
    • Others
  • Pharmaceutical
  • Personal care & Cosmetics
  • Other End Use

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage

2.2. Market Definition

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

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.

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Plastic Healthcare Packaging Market in North America is estimated to have an incremental opportunity of US$ 3.8 billion by 2031

The plastic healthcare packaging market will register high growth with worldwide revenues forecast to increase by 5.0% year-over-year in 2021. Future Market Insights (FMI) estimates the overall valuation of the market to reach nearly US$ 37 billion in 2031.

The demand for plastic healthcare packaging will rise at a compound annual growth rate (CAGR) of 5.1% between 2021 and 2031. Blister and bottle segments are expected to create a cumulative incremental opportunity of US$ 2.3 billion, by the end of 2031.

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Key Takeaways 

  • FMI has predicted that the increasing drug production and government initiatives toward the development of the healthcare and pharmaceutical sectors will generate significant growth opportunities for the plastic healthcare packaging market in the coming years.
  • Plastic is the preferred material in the healthcare packaging sector as it’s not fragile and easy to handle as compared to alternative packaging solutions available in the market. Various other child-resistant packaging solutions such as user-friendly and eco-friendly materials are expected to spur sales in the market.
  • Spur in the use of interactive technologies such as QR codes, and barcoding helps in easy tracking of inventories while minimizing the chances of counterfeiting drug formulations.
  • There has been a positive effect on the packaging industry amidst the covid-19 pandemic. As the demand for cost-effective, high-quality, and efficient healthcare packaging solutions will gain ground through the crisis.
  • The preferable material for manufacturers in the healthcare sector is plastic owing to its anti-microbial properties and reduced risk of breakage. Products with PCR content and bioplastics which are non-reactant and eco-friendly are likely to become popular.

2015-2020 Plastic Healthcare Packaging Market Outlook Compared to 2021-2031 Forecast

The global market value of plastic healthcare packaging is expected to increase at a growth rate of 5.1% during 2021-2031 in comparison to the 3.6% CAGR registered during 2016-2020. Growth witnessed can be attributable to the discovery of new drugs for treatment of health issues and to prevent spread of chronic diseases.

The consumption of plastic packaging in the healthcare industry is further expected to rise on the back of government funding for healthcare and pharmaceutical centers for drug development.

Recently, the Guangzhou Sino-Israel Bio-industry Investment Fund (GIBF) announced fund of US$ 300 million for joint drug development ventures. FMI has predicted that the increasing drug production and government initiatives toward development of healthcare and pharmaceutical sectors will generate significant growth opportunities for the plastic healthcare packaging market in the coming years.

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Competitive Landscape

Companies operating in the plastic healthcare packaging market are aiming for strategic collaborations and partnerships with other manufacturers to expand their product portfolio, in addition to investing in capacity expansions.

  • In April 2021, Amcor plc launched a recyclable polyethylene-based thermoform blister packaging format. It is intended to meet the high standards of regulated pharmaceutical packaging that creates a sustainable alternative.
  • In January 2021, Gerresheimer planned to build a second production plant near Mumbai, India to meet plastic healthcare packaging requirements worldwide. The product portfolio includes plastic containers, plastic ampoules, plastic bottles and more in a variety of designs.

Key Companies Profiled

  • Gerresheimer AG
  • Amcor Limited, Schott AG
  • Constantia Flexibles Group
  • Alexander (James) Corporation
  • Klockner Pentaplast Group
  • Becton & Dickinson Company
  • Clondalkin Group, Berry Global, Inc.
  • Comar LLC
  • Nipro Corporation
  • Mondi Group plc

Plastic Healthcare Packaging Market by Category

By Product Type:

  • Vials & Ampoules
  • Blisters
  • Bottles
    • Dropper Bottles
    • Nasal Spray Bottles
    • Liquid Bottles
  • Bags, Pouches & Sachets
    • IV Bags
    • Medical Specialty Bags
  • Prefilled Inhalers, Syringes & Cartridges
  • Containers & Jars
  • Caps & Closures
  • Trays
  • Medication Tubes

By Material Type:

  • Polyethylene
    • Low Density Polyethylene (LDPE)
    • High Density Polyethylene (HDPE)
    • Linear Low Density Polyethylene (LLDPE)

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

  1. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation

  1. Key Success Factors

4.1. Product Usage Analysis

4.2. Product USPs

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.

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Rigid Food Containers Market is projected to reach US$ 195.7 Bn by the end of 2022

The global rigid food containers market is projected to reach a value of US$ 314.2 Bn in 2032, with sales growing at a moderate CAGR of 4.8% over the forecast period of 2022 to 2032. Valued at US$ 185.7 Bn in 2021, the rigid food containers market will likely reach an estimated US$ 195.7 Bn in 2022. The heightened demand for rigid packaging among many manufacturers in the food sector fuels the market growth of rigid food containers during the forecast period.

Rigid food containers are a packaging solution that stores, packs, and delivers food items while maintaining the quality of the products. Bottles, jars, cans, boxes, trays, cartons, clamshells, and cups and tubs are a few examples of rigid food containers. These containers can be made up of different materials like metal, glass, plastic, paper, and paperboard. The market is mainly driven by elevated demand from the food industry.

With an urban lifestyle, consumers are increasingly showing an inclination for ready-to-eat, packaged, and convenient food items. A surge in the consumption of such food items also leads to a swell in the demand for rigid food containers. Besides, the invention of new food products by different manufacturers at the international level is predicted to strengthen market possibilities for rigid food containers. The market for these containers will likely be pushed farther by the growing adoption of sustainable and novel materials by the market manufacturers. Again, the surging adoption of smart packaging solutions also spurs the rigid food containers market growth during the projected period.

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“High preference for rigid food containers by the food sector will likely drive the market growth of the same over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Adoption of novel and sustainable materials to generate market possibilities.
  • The United States accounts for about 80% of the total market share in North America.
  • Germany to grow 1.5 times the current market value during the assessment period.
  • By material type, the plastic segment is predicted to hold about 40% of the market share.
  • Boxes and cartons will likely be highly preferred by the food sector.

Competitive Landscape

Berry Global Group, Sealed Air Corporation, DS Smith plc, Crown Holding, Inc., Smurfit Kappa Group, Huhtamaki Oyj, Genpak LLC, Pactiv LLC, Georgia-Pacific LLC, Winpak Ltd., WestRock Company, Sabert Corporation, International Paper Company, Fabri-Kal, Reynolds Group Holding Limited, Detpak, Dart Container Corporation, Amcor Plc among others are some of the major players in the rigid food containers market that are profiled in the full version of the report.

Leading market players are concentrating on expanding their production capacities by catering to the increasing demand for food containers. Developing eco-friendly and innovative products is another strategy adopted by some of these market players.

More Insights into Rigid Food Containers Market Report

In its latest report, FMI offers an unbiased analysis of the global rigid food containers market, providing historical data from 2012 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of material (plastic, paper & paperboard, metal, glass), packaging type (bottles & jars, trays & clamshell, cans, cups and tubs, boxes and cartons, others (bowls, etc.)), application (meat, poultry & seafood, dairy products, bakery & confectionary, ready-to-eat food, baby food, produce food, other foods (spices, sauces, etc.)), and region.

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According to the latest FMI reports, based on region, the rigid food containers market in the United States is expected to thrive during the forecast period. The country currently accounts for about 80% of the market share in North America. The quickly expanding food industry is accountable for the market growth in this region. Apart from the U.S., Germany, too, is anticipated to show substantial market growth during the assessment period.

Based on segmentation, by material, the plastic segment is predicted to dominate the market while the food sector will contribute to the growing demand for boxes and carton during this period of observation.

Market Segments Covered In Rigid Food Containers Market Analysis

By Material:

  • Plastic
  • Paper & Paperboard
  • Metal
  • Glass

By Packaging Type:

  • Trays & Clamshell
  • Bottles & Jars
  • Cans
  • Cups & Tubs
  • Boxes & Cartons
  • Others (Bowls, etc.)

By Application:

  • Meat, Poultry & Seafood
  • Dairy Products
  • Bakery & Confectionary
  • Ready-to-eat Food
  • Baby Food
  • Produce Food
  • Other Foods (Spices, Sauces, etc.)

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By Region:

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

About Future Market Insights, Inc.

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

Contact Us:

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

North America is the largest market for Edible Oil Packaging Market, holding a major market share of 28%

A recent study by Future Market Insight opines the sales of edible oil packaging solutionsto grow by 1.7x to reach 3.7 billion units in 2031. Global edible oil packaging market is expected to register year-on-year growth of 4.1% in 2021.

FMI predicts, sales of drums to reach nearly US$ 5 billion by 2025.  In 2021, the U.S. edible oil packaging market is projected grow by 1.7%, in terms of value.

Overall sales in North America is expected to increase by 4.7% CAGR through 2031.

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Producers of edible oil packaging are focusing on making cost-effective packaging solutions for safe transportation of edible oil and to increase their profit margins.

Edible oil is now packed in convenient packaging designs, which are easy-to-store and perfectly suitable for modern-day retail facilities. Edible oils packed in pouches, bottles, jars, cans, and liquid cartons are introduced to overcome problems faced by traditional space-consuming packaging solutions.

A wide range of rigid and flexible packaging types are designed to perfectly cater the changing buying patterns among consumers and offer hassle-free packaging solutions to retailers.

Marketers and end-users of edible oil packaging solutions are trying to differentiate their products based on ease in dispensing the consumable oil-packed inside it. Most of the consumer base today prefer hassle-free packaging without any risk of wastage or damage to the product, which allows them easy retrieval of edible oil.

Hence, manufacturers are offering pouring caps for easy dispensing of edible oil. A variety of self-closing dispensing taps are also offered along with bag-in-box packaging for edible oils, which keep the surface clean from spillage.

Edible oil packaging consist of a broad range of packaging products such as jars, jerry cans, pouches and bottles, among others. The edible oil packaging sustainable packaging solutions across the food and beverage industry.

The type of packaging that is made for edible oil include metal, glass and plastic.

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How are Favorable International Trade Regulations Encouraging Edible Oil Packaging Sales?

Government authorities for trade and commerce are favoring edible oil manufacturers, along with exporters by reducing the tariffs on export and import of oils, categorizing it under the essential consumable items.

For example- The Government of India, has made the export of all edible oils free except mustard oil without any quantitative ceiling and pack sizes. Such initiatives from government will boost the exports of edible oils in India in the coming future.

Competitive Landscape

Companies operating in edible oil packaging market are investing heavily in research & development activities to develop innovative edible oil packaging solutions, to cater the advanced retail and manufacturing industry needs.

  • In December 2020, Vetropack Holding Ltd. acquired Moldovan Glassworks, a company based in Chisinau to strengthen its market presence in the region.
  • In November 2020, Colep Packaging was awarded for the Gold Award for ‘Food-Three-Piece’ at cans of the year in 2020.

Key Companies Profiled

  • Tetra Pak International S.A.
  • Berry Global Group Inc
  • Scholle IPN Corporation.
  • Glenroy, Inc.
  • Crown Holdings, Inc
  • Sealed Air Corporation
  • DS Smith Plc
  • Smurfit Kappa Group
  • Technocan S.A.
  • Amcor Plc
  • ASA Group

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Edible Oil Packaging Market by Category

By Packaging Type:

  • Bottles
  • Pouches
  • Jerry Cans
  • Cans
  • Drums
  • Bag in Box
  • Others (Liquid Carton,.)

By Material:

  • Plastic
  • Glass
  • Metal (Aluminum)
  • Paper

By Capacity:

  • 50 to 500 ml
  • 501 to 1000 ml
  • 1001 to 5000 ml
  • Above 5000 ml

By Oil Type:

  • Soybean Oil
  • Coconut Oil
  • Olive Oil
  • Cottonseed Oil
  • Sunflower seed Oil
  • Peanut Oil

About Future Market Insights, Inc.

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

Contact Us:

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

MOPP Packaging Films Market is projected to expand at a 5.2% CAGR by 2031

The MOPP packaging films market is anticipated to experience strong demand through 2021, with a total market value of US$ 221.7 Mn in that year. Additionally, according to FMI, demand for MOPP packaging films will grow at a consistent 5.2% CAGR between 2021 and 2031.

Despite limitations put in place because to COVID-19, demand for MOPP packaging films will increase starting in 2021, albeit modestly. By the end of 2021, the total volume sold globally is anticipated to reach 135.2 Th.tones.

The MOPP packaging films market in the United States is predicted to expand by 7.7% annually in 2021, defying initial concerns about how the sector would fare in the event of a global pandemic. Sales of MOPP packaging films are expected to total US$ 51.7 million over the entirety of North America in 2021.

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Increasing applications of MOPP packaging films in manufacturing of tapes, wraps and labels is driven by their superior benefits such as high tensile strength and tear resistance.

Not only MOPP packaging films have beneficial mechanical properties, but they are visually appealing and contribute to a product’s aesthetic appeal, becoming an ideal choice of primary and secondary packaging solutions.

Growing preference regarding eco-friendly packaging alternatives is encouraging advancements in MOPP packaging films market. These films are made from a single material and have high recycled value.

As a result, increasing adoption of sustainable solutions in the packaging industry to comply with environment protection initiatives will continue driving sales of MOPP packaging films during the forecast period.

Key Takeaways:

  • By thickness, above 60-micron MOPP packaging films segment is projected to grow at a 5.6% CAGR through 2031.
  • Based on application, the labels segment is expected to hold 38.6% of the total MOPP packaging films market share in 2031.
  • Sales of MOPP packaging films in the food industry are projected to expand at a CAGR of 5.6% during the forecast period.
  • The U.S. is anticipated to emerge as a lucrative market, accounting for 86.2% of sales in North America by 2031.
  • Germany is projected to hold 15.8% of the Europe MOPP packaging films market by the end of 2031.
  • India will continue exhibiting high demand for MOPP packaging films over the forecast period, holding 48.7% of the South Asian market share.
  • North America and Europe currently hold over 53.6% of the total MOPP packaging films market owing to presence of well-established packaging films industry.

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Growing Preference for Post-Consumer Recycled and Easily Recyclable Plastic Packaging Products to Drive MOPP Packaging Films Sales

Traditionally, it was not possible to manufacture high-quality packaging films from completely recycled products, but with advancements in technology standard, quality packaging films can be made completely using recycled raw material. This is gaining popularity among a lot of manufacturers, as it helps in significantly reducing the carbon footprint of manufacturers, besides helping them to woo consumers showing inclination for sustainable packaging solutions.

Post-consumer recycled plastic is gaining a lot of traction as it is not only environmentally friendly but also comparatively affordable. The use of recycled plastic decreases the demand for the manufacturing of new plastic resins, which reduces the consumption of energy and fossil fuels compared to the requirement for the manufacturing of virgin plastic.

Key Companies Profiled

  • Futamura Chemical Co., Ltd.
  • Toray Plastics (America), Inc.
  • Now Plastics Inc.
  • Transcendia, Inc.
  • Monta Klebebandwerk GmbH
  • Nowofol Kunststoffprodukte GmbH & Co. KG
  • Lenzing Plastics GmbH Co KG
  • SJA Film Technologies Ltd.
  • Hi-Tech International
  • Duy Khang Packaging Company Limited

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MOPP Packaging Films Market by Category

By Thickness:

  • Below 30 microns
  • 30 to 60 microns
  • Above 60 microns

By Application:

  • Labels
  • Tapes
  • Wraps
  • Laminates

By End Use:

  • Food
  • Beverages
  • Cosmetics & Personal Care
  • Electrical & Electronics
  • Pharmaceutical
  • Other Industrial

By Region:

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

About Future Market Insights, Inc.

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

Contact Us:

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

Cardiac Assist Devices Market to reaching US$ 2,062.7 Billion by 2031 | Exclusive Report by FMI

Future Market Insight’s (FMI’s) latest study published on the Cardiac Assist Devices market provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Cardiac Assist Devices market.As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Cardiac Assist Devices market is projected to witness robust growth during the forecast year 2021-2031. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Cardiac Assist Devices market.

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Exhaustive Analysis on Key Factors Burgeoning the Sales in the Global Cardiac Assist Devices Market over the Assessment Period (2021-2031)

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Cardiac Assist Devices Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Cardiac Assist Devices market.

Key Cardiac Assist Devices Market Takeaways and Projections

The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
Germany Cardiac Assist Devices market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

Cardiac Assist Devices Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Cardiac Assist Devices market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
Cardiac Assist Devices Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Cardiac Assist Devices market. As per the survey, Cardiac Assist Devices sales will project steady growth over the forecast period.

Cardiac Assist Devices Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Cardiac Assist Devices market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
Cardiac Assist Devices Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
Cardiac Assist Devices Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

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Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Cardiac Assist Devices market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Cardiac Assist Devices market.

Some of the prominent market players are profiled by FMI

Terumo Corporation
Medtronic PLC
Abbott Laboratories
Abiomed Inc.
Teleflex Incorporated
Maquet GmbH
BerlinHeart GmbH
Others

Cardiac Assist Devices Demand Analysis by Category
By Product Type:

Ventricular Assist Devices (VAD)
Left Ventricular Assist Device (LVAD)
Right Ventricular Assist Device (RVAD)
Biventricular Assist Device (BIVAD)
External Ventricular Assist Devices
Intra-Aortic Balloon Pump

By Modality Type:

Transcutaneous
Implantable

By End-User:

Hospital
Ambulatory Surgical Centers

Region

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

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 9-years.

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