Copper Foil Market Analysis by Size, Trends, Status, Business Outlook 2022-2030

A new study by ESOMAR-certified market research firm Future Market Insights (FMI) reveals that global copper foil sales will grow at 7.4% CAGR through 2030. Growing application in e-mobility will be one of the key factors driving the growth of copper foils globally.

Despite the fact that all of the disruptions had been resulting from the COVID-19 pandemic situation, the copper foil market managed to generate sales from international income of over US$ 6.7 Billion. The developing customer electronics enterprise is majorly accountable for the general revenue generated by the marketplace. The Asia-Pacific is persevering with its dominance over the copper foil market and holds the important part of the cost generated by using it. All leading producers of copper foils have focused their attention on innovations to live in the worldwide aggressive panorama.

Significance Of The Copper Foil market in the purchaser Electronics industry

For the subsequent decade and extra, the utility of copper foils can be vital within the PCB (printed circuit forums) industry. The electrodeposited copper foils are extremely good substrates due to their low rate of floor oxygen and therefore those are significantly used as a base layer for PCBs. Those digital grade copper foils are extensively utilized in contemporary calculators, clever televisions, car electronics, and QA equipment.

Other key highlights of FMI’s study include,

Application of copper foils in batteries to rise rapidly through 2030

Accelerated shift towards e-mobility to offer potential opportunities of growth in near future

North America and Europe to reflect significant investment prospects, given flourishing EV market

Recent studies on electromobility (e-mobility) reveal that copper is poised to play instrumental role in three key domains – charging infrastructure, energy storage, and production of electric vehicles (EV).

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Electrification is considered as the most feasible way to achieve efficient and clean transportation that is critical to sustainable development worldwide. In the near future, EVs including, plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), and pure battery electric vehicles (BEVs) are expected to lead the clean vehicle industry in coming years.

EVs contains copper nearly four times compared to that in fossil-fueled models, majorly utilized in lithium-ion batteries (LIB), rotors, and wiring. In addition, the International Energy Agency (IEA) estimates that LIBs are slated to predominate the EV market over following decade.

As such trends sweep across the business landscape, manufacturers of copper foils are moving aggressively and creating comprehensive strategies to maximize their odds of capturing value at stake.

“Batteries hold immense potential to significantly decarbonize transport and power systems. Deployment of EVs is seeing greater pace in several countries, especially in the US, China, and European countries. Recent data suggest that worldwide sales of EVs is expected to touch 6.2 million units by 2024 – nearly thrice greater than the volume sales in 2019,” says analyst at FMI.

Copper Foil Sales Stay Afloat as EV Industry Defies COVID-19 Threat

From European manufacturers – BMW and Renault – to their Asian counterparts –Toyota and Hyundai – as well as US companies including, General Motors, have registered and are anticipating staggering sales and interest in EVs and relevant ‘new energy’ automobiles amidst the COVID-19 crisis.

In addition, FMI finds that about 2/3 of vehicles worldwide are poised to be electric by 2040. EVs are weathering the COVID19 storm better versus conventional internal combustion (IC) engine vehicles. Consequently, LIB demand stands to benefit, and copper foils – as key component part of these batteries – will remain high in demand in coming years.

What Are The Reasons For The Growth Of The Copper Foil Market?

With the exponential growth of the consumer electronics industries all around the world, the demand for copper foils has seen an equal rise in demand. According to various market research, the consumer electronics industry has already reached a trillion-dollar value in 2019, and now it has been impacting the copper foils market significantly.

We all agree that consumer electronics have become an essential part of our daily lives, especially in this fast-evolving world. The onset of the latest innovations such as AI chips and 3D sensors have contributed a lot towards integrated augmented reality (AR) technologies. Now you can find such integrated experiences through your smartphone, smart TV, or smart wearable devices. Given the fast-paced lifestyle that everyone is living today, the need for comfort, and ease have been the top priorities among the consumers. And all these smart devices give the consumers what they wish for.

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Hence, copper foils have become an indisputable resource in the success of this industry. Every trend developing in the industry is backed up by the copper foil market for over a decade now. And for the coming years too, the copper foil market is going to be an important element.

Copper Foil Market – Competitive Intelligence

The global copper foil is fairly competitive, with presence of several regional and international players striving to achieve economies of scale. As the market is set for supply headwinds due to notable rise on-road EVs in coming years, market players are honing in on capacity expansions and strategic acquisitions and investments.

KCF Technologies (KCFT) has started off large-scale production of 4-micrometer (μm) copper foils for EV batteries.

SK Holdings Co. is looking to allocate additional investments in Lingbao Wason Copper Foil Co. – leading Chinese copper foil manufacturer – in order to ensure security in primary materials required for rechargeable batteries.

In addition, the company has acquired 100% shares of KCF Technologies Co., which is the global leading producer of copper foil for LIBs, in a bid to diversify its product portfolio.

To Know More About Copper Foil Market:

A new market research report published by Future Market Insights (FMI) on the global copper foil market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the copper foil market through four different segments – grade, application, thickness and region. The copper foil market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of copper foils and product adoption across several end-use industries

Copper Foil Market: Segmentation

By Grade

  • ETP
  • DHP

By Application

  • Printed Circuit Boards
  • Heat Exchangers
  • Batteries
  • Busbars & Switchgears
  • Radiators
  • Electrical Equipment (Transformers, and Cables)
  • Others

By Thickness

  • 0.01 to 0.1 mm
  • 0.1 to 1mm
  • 1mm to 3mm
  • 3mm to 12mm
  • 12mm to 25 mm
  • 25 mm to 60 mm

By Region

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

About FMI

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

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Copier Paper Market size is estimated to reach US$ 15.8 Bn by 2027

Future Market Insights (FMI) delivers key insights on the global copier paper market in its published report, titled “Copier Paper Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027”. Globally, the revenue generated from the sales of copier paper is estimated to be around US$ 14,278.9 Mn in 2018, and is projected to expand at a CAGR of 1.2%, during the forecast period 2018-2027. This can be attributed to numerous factors, about which Future Market Insights offers thorough insights and forecast in the copier paper market report.

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Copier Paper is a light-weight paper used for copying, writing, and printing in either commercial or consumer applications. Copier paper falls under the category of uncoated freesheet grade and is used interchangeably with printing paper for everyday printing needs. Using copier paper instead of printing paper does not make much of a difference for written content but for image printing, a thicker printing paper sheet needs to be used. Copier paper can be made out of virgin as well as recycled pulp. Leading manufacturers of copier paper such as Nine Dragons Paper, Nippon Paper, and Domtar Corporation, use recycled pulp for the production of copier paper.

FMI Key Findings

  • Among the various thicknesses, the 50-80 GSM segment is witnessing higher growth and is projected to have a positive outlook during the forecast period. It is the most commonly used thickness for everyday commercial as well as consumer printing needs.
  • Virgin copier paper holds a significant share in the copier paper market, but with the rising environmental concerns, manufacturers are using recycled pulp for copier paper production. For instance,
    • Nine Dragons, one of the leading paper manufacturers, primarily uses recycled paper as the main raw material source. The company recycles over 10 million Tonnes of fiber annually.
  • The advent of digitalization has impacted the overall graphic paper market adversely. The growth in demand for copier paper has slowed down in recent years. With the increased penetration of electronic devices and easier access to the internet, reading content online has become a trend, and electronic devices are being substituted for hard-copies. This is expected to hamper the demand for copier paper during the forecast period. However, there is a steady demand for copier paper among educational institutes as well as offices. The degree of substitution is relatively low in scientific and technological content.
  • The A/4 segment in the global copier paper market is the most preferred paper size for copier paper, followed by the A/3 segment. Most of the commercial copying is done using A/4 copier papers.

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Developing Economies to Fuel the Demand for Copier Paper During the Forecast Period

Despite facing a decline in the developed markets, copier paper has seen an increase in demand in the developing economies. This can be attributed to the growing number of students in rural as well as urban areas. Overall, the Asian copier paper market is anticipated to show strong growth throughout the decade. Apart from Japan, the Asian market is expected to grow at a healthy CAGR. Latin America and Africa also represent attractive opportunities for growth. Paper manufacturers are performing strategic mergers and acquisitions to expand their presence in these markets and leverage the most out of the landscape. Consolidation is seen as a key strategy at the aggregate level, as paper manufacturers understand the declining nature of the market.

The key players in the global copier paper market are International Paper Company, North Pacific Paper Company, South Coast Paper LLC, UPM-Kymmene Oyj, Domtar Corporation, Nippon Paper Industries Co., Ltd., Mondi Group plc, Stora Enso Oyj, Smurfit Kappa Group Plc., Oji Holdings Corporation, Lisgop Sikar L’td., Georgia-Pacific LLC, Nine Dragons Paper (Holdings) Limited, Sappi Limited, Metsa Board Corporation, Daio Paper Corporation, Pratt Industries, Inc., Svenska Cellulosa Aktiebolaget (SCA), Packaging Corporation of America (Boise Paper), and Rolland Enterprises Inc. Many local and unorganized players are anticipated to contribute to the global copier paper market during the forecast period.

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

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Floating Covers Market size is projected to total US$ 1.29 Bn by 2027

Waste water treatment and water conservation measures have increased the demand for a covering to protect water from the elements. Floating covers are utilised in tanks, ponds, and lagoons and are comprised of flexible geomembrane lining materials. Floating covers market are a cost-effective option for managing odour, limiting liquid loss owing to evaporation, avoiding algae growth, and protecting liquids from contamination from the outside.

Underneath the geomembrane, floating coverings can have a buoyancy mechanism that allows the cover to rise and fall in response to the level of confined liquid. Floating covers have the advantage of allowing oxygenation of water but not evaporation, making them an excellent option of cover for a variety of industrial applications. With the global depletion of water resources, the global floating covers market is expected to see a significant increase in demand during the forecast period.

The global floating covers market is expected to reach $1.01 billion in 2022. The market is expected to reach US$ 1.29 billion by 2027, growing at a robust 4.8 percent CAGR.

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Floating Covers: Market Dynamics
The growth of the global floating covers market is attributed to their wide application and use across various domains. Floating covers are used widely across waste water treatment plants for odour control and also to dissuade wildlife from accessing the ponds. Manufacturers of floating covers are eyeing increased applications and end uses for floating covers, such as algae and methane collection, oil and gas frac lagoons, water storage reservoirs, waste lagoons, and evaporation ponds.

Gradually, manufacturers of floating covers are expected to have higher preference for durable and environment-friendly products, which require little to no maintenance. Growth of the floating covers market is also driven by the need to protect water from evaporation and also to prevent the loss of water treatment chemicals such as chlorine etc. A key trend prevailing in the global floating covers market is the use of various plastic resins other than the traditional ones for enhanced mechanical performance of the floating covers.

A number of case shave been reported regarding the degradation of floating covers when exposed to chlorinated water. Hence, development of floating covers with materials that resist such chemical degradations is expected to bring in new opportunities of growth for the global floating covers market. It is anticipated that gradually, all manufacturers of floating covers will prefer products which do not become saturated or degrade in water, thus facilitating growth of the global floating covers market.

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Floating Covers: Market Segmentation
The global floating covers market is segmented on the basis of liquid type, material type, application, and geography.

Floating Covers Market By Category

By Material Type:

  • Linear Low-density Polyethylene (LLDPE)
  • High-density Polyethylene (HDPE)
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Others

By Application:

  • Mining Storage Ponds
  • Agriculture (Slurry, Lagoons)
  • Waste Water/Liquid Treatment
  • Food Processing & Brewing
  • Chemical Treatment
  • Utilities & Other

By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Asia Pacific excluding Japan
  • Middle East and Africa

Floating Covers Market: Regional Outlook On the basis of geography, the global floating covers market is segmented into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. Asia Pacific floating covers market is expected to witness growth at the highest CAGR due to a large number of initiatives by the governmental as well as non-governmental organizations for the conservation as well as treatment of water. North America is expected to follow the Asia Pacific market in terms of growth. The growth of the floating covers market is expected to be high in economies which have high bio gas production plants. Latin America and Middle East & Africa are expected to witness sluggish growth in the global floating covers market during the forecast period.
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Floating Covers Market: Key players
Some of the key players operating in the global floating covers market are Industrial & Environmental Concepts, Inc., ETP, Inc., Advanced Water Treatment Technologies Inc., Solmax, GSE Environmental, BTL Liners, Albers Alligator, Aeramix, and Pooled Energy.

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

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Snap-on Closures Market is projected to expand at 5.1% CAGR between 2022 and 2027

Global data depicting the snap-on closures consumption by F&B and personal care products manufacturers underscores the impressive rate of revenue growth of the snap-on closures market. In a new market research study presented by Future Market Insights, the global snap-on closures landscape is analyzed in depth to deliver a set of actionable insights for businesses operating across the snap-on closures market value chain.

In 2022, the global market for snap-on closures is expected to be worth roughly US$ 14.4 billion. The total market is expected to grow at a 5.1 percent CAGR between 2022 and 2027, reaching a valuation of US$ 18.5 billion by 2027, thanks to rising demand for more convenient packaging solutions across various industries such as food & drinks, pharmaceuticals, and personal care.

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“Forecast to surpass the valuation of US$ 14.4 billion in 2022, the global revenue through sales of snap-on closures will witness a promising 4.8% year over year growth. While this yearly growth is projected to be over 5.1% consistently over the near future, the report estimates total volume consumption of snap-on closures to reach beyond 215,000 units in 2022,” says a senior research analyst at FMI.

Key Insights Drawn from the Global Snap-on Closures Market Report

  • Diameter-wise, the top selling segment is 34-44 mm snap-on closures that currently hold more than 40% share in the total market value.
  • Based on the material of snap-on closures, PP (polypropylene) remains the most favored, following LDPE (low density polyethylene).
  • By the end use industry analysis, maximum consumption of snap-on closures is registered in by personal care and cosmetics manufacturers, followed by food and beverage manufacturing companies.

Personal Care & Cosmetics Support Maximum Sales of Snap-on Closures

Snap-on closures are the most prominently used types of closures by personal care and cosmetics industry players. In addition to hassle-free opening and closing, improved product security to prevent potential product wastage continues to play a vital role in compelling manufacturers to employ snap-on closures across maximum product lines.

With a collective value share of more than 60% in the global personal care and cosmetics industry, North America and Asia Pacific secure the top performing market positions in snap-on closures landscape.

In the personal care and cosmetics industry, Unilever, L’Oreal, Procter & Gamble, Shiseido, Coty, and Estée Lauder have been identified to be the major trendsetters in snap-on closures landscape.

Moreover, an expanding space of luxury cosmetics market is also creating impressive growth opportunities for suppliers of snap-on closures for expansion in coming years. FMI thus estimates promising growth prospects for high-end snap-on closures.

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Asia Pacific Holds a Lion’s Share in the Global Snap-on Closures Market

  • Asia Pacific accounts for around 37% of the global cosmetics industry.
  • Around 25% revenue of the global pharma packaging market belongs to Asia Pacific.

While the demand for snap-on closures from F&B, cosmetics, personal care products, and pharmaceuticals packaging manufacturers is consistently surging, the report projects that Asia Pacific will remain the largest regional market for snap-on closures in coming years. Rampant industrial developments, coupled with the elevating spending power of consumers in the region, are pushing the revenue growth outlook for snap-on closures across APAC’s industries. According to the report, ASEAN countries, China, and India are the major growth contributors in Asian market.

Snap-on Closures for Highly Profitable Skincare & Hair Care Products Projected for Innovations

The trending snap-on closures features with flip-top dispensing nozzle are tamper-evident and thus offer multiple additional benefits to personal care products manufacturers such as prevention of the product loss in form of clogging, leakage, or dripping. Snap-on closures manufacturers are especially focusing on innovating the range for high-viscosity liquid products that are suited for smaller, controlled doses. FMI indicates highest innovation potential for snap-on closures used in case of hair care and skincare products that make up for an approximate revenue share of 60% in the personal care and cosmetics industry, at present.

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Snap-on Closures Market by Category

Neck Diameter

  • Upto 24 mm
  • 24-34 mm
  • 34-44mm
  • Above 44 mm

Material Type

  • PP
  • LDPE
  • HDPE

End Use

  • Food
  • Beverages
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Others

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About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Paper Cups Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2031

Paper cups are used in food and beverage, household and institutional sectors. Their high utility across the spectrum can be attributed to their low-weight, eco-friendly nature, cost-effectiveness, and high recyclability.  Driven by growing emphasis on better consumer experience, the paper cups market saw steady growth rate of 4.5% CAGR between 2021 and 2031, reaching valuation of around US$ 9210 million by the end of the year. Future Market Insights (FMI) estimates that paper cups revenues grew by 4.3%year-on-year in 2021 owing to outbreak of COVID-19 pandemic and rising demand of on-the-go paper cups around the world.

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Amidst banning of single use plastics across the globe and growing efforts to eliminate plastic from packaging has led to emergence of paper based packaging items as a feasible solution. This has lead to adoption of paper cups in food service industry over past few years.

Rising establishment of quick service restaurants in emerging economies and adoption of take away culture to suit the need of convenience will drive the paper cups demand during the forecast period.

Increasing focus on developing recyclable, biodegradable and plastic free cups, high demand for packaged foods and incorporation of disposable products in online food delivery services will further accelerate the market growth.

Presence of fast food giants and rising awareness in western countries regarding harmful effects of plastic has boosted the adoption of paper cups in such region. Market players are emphasizing on penetrating emerging economies of Asia and Africa due to surge in opening of fast food joints, rise in millennial and working population and soaring popularity of dining out in these countries.

Emergence of online food services and adoption of on-the-go services will create opportunities for market growth. Increasing installation of modern vending machines in high crowd locations like railways and airport to provide better consumer experience will positively influence the market growth in upcoming years.

Key Takeaways from FMI’s Paper Cups Market Study

  • The U.S. will drive the paper cups market in upcoming years due to establishment of modern food service industries in urban cities of the country. Increase in disposable income of people, and busy lifestyle will further accelerate the market growth.
  • Establishment of new fast food joints and coffee and beverage shops in GCC countries will boost the demand for paper cups in the region.
  • China will offer lucrative opportunities for paper cups market expansion. Improvements in recycling infrastructure, boosted tourism, and high consumption of tea and coffee will drive the paper cup market growth.
  • India paper cups market is forecast to experience substantial demand during the forecast period owing to improved standards of living, changes in consumer lifestyle habits, and ban of single use plastics in the country.
  • More than 65% of global paper cups market sales comprises of hot beverage cups owing to increasing demand of on-the-go coffee by millennials.
  • Emergence of eating out trend rather than eating home cooked meals will create an absolute dollar of opportunity worth more than US$ 1.4 billion over the forecast period.

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 “Implementation of strict regulations on plastic waste generation WILL drive the sales of paper cups to reduce pollution. Rising demand for disposable and biodegradable packaging to cater to busy lifestyle will boost the paper cups market growth throughout the forecast period,” says the FMI analyst

Competitive Landscape

Future Market Insight (FMI) explains the recent competitive scenario in the paper cups market along with different strategies employed by manufacturers to gain significant edge.

Key players in the paper cups market are focusing on new product development to gain popularity among end users.

For example, in December 2020, BrandBase introduced the world’s first plastic-free disposable coffee cup called “Jungle Cup” which biodegrades within 12 weeks without any external processing.

In January 2020, Lavazza Professional introduced biodegradable and recyclable cup especially for vending machines.

In July 2019, Huhtamaki announced its new 100% PEFC (Programme for the Endorsement of Forest Certification) certified paperboard made “Bioware Impresso” double walled hot cup as a part of its existing Bioware compostable range.

The report also states that manufacturers are also focusing on the expansion of businesses in the developing markets owing to booming fast food industry in those regions and partnering with new value chain participants to achieve sales growth.

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More Insights On The Global Paper Cups Market

In its latest report, FMI offers an unbiased analysis of the global paper cups market, providing historical data for the period of 2019-2028 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of cup capacity (up to 150 ml, 151 to 350 ml, 351 to 500 ml, and above 500 ml), cup type (hot beverage cups and cold beverage cup), sales channel (supermarkets, distributors, departmental stores, and online sales), end user (food service, institutional, and households), across seven major regions (North America, Latin America, Eastern Europe, Western Europe , Asia Pacific, and Middle East and Africa)

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

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HDPE Bottles Market is expected to reach USD 67.2 Billion by 2028

High density polyethylene (HDPE), one of the most durable and versatile forms of thermoplastics, is gradually gaining the title of a preferred packaging material at a sluggish pace. While the top sought attributes of HDPE include high strength-to-density ratio, weatherproof nature, chemical resistance, lightweight characteristics, and economical price point, it more importantly meets the FDA and USDA standards that are mandatory especially in case of the use of HDPE bottles in food and beverages sector.

Projected to cross the US$ 50 billion mark in 2019, the global revenue of HDPE bottles landscape is likely to expand gradually year on year. As explained in a new research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive growth over the next few years; however, increasing inclination towards adoption of HDPE as a raw material over conventional thermoplastics is likely to be witnessed.

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High Recyclability Accounts for Growing Popularity of HDPE Bottles

Low quantity chemicals as well as drugs used for household or OTC applications are generally packaged in HDPE bottles. A widely preferred container for chemical products, HDPE bottles are highly recyclable. As the recycling process is relatively less complicated and more efficient, packaging manufacturers are gradually inclining towards HDPE as a raw material for packaging a range of products. Being one of the most considerate and least permeable packaging formats, HDPE bottles are likely to find widening applicability in packaging.

Asia Pacific Secures the HDPE Production Hub Title for Manufacturers of HDPE Bottles

Asia Pacific, especially China, has been contributing significantly to the global HDPE production capacity over the years and according to FMI’s study, APAC remains a significant HDPE producer in the near future. North America and Europe also stand important in sustaining the HDPE production scenario, whereas the report indicates promising performance of the Middle Eastern & African region.

HDPE Bottles Find Growing Applications in Personal & Home Care Products and Cosmetics

HDPE bottles are prominently used in the F&B, automotive, personal care & hygiene, and household care segments. Besides F&B, pharmaceuticals also register a decent rate of adoption of HDPE bottles owing to being reliable in terms of safety of packaged food and beverage products. The study points to dramatically growing per capita expenditure on personal care and beauty products worldwide, especially in developing economies. Escalating sales of bath and shower products, dermatological products, and essential toiletries are translating into increasing volume sales of HDPE bottles.

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Globally, over 100,000 HDPE bottles are expected to be sold by this year’s end. Growing consumer spending power is playing a vital role in popularizing the usage of HDPE bottles among packaging companies serving the personal care and cosmetics industry. Moreover, the widening expanse of Ecommerce is encouraging demand for HDPE bottles for a plethora of products across industries.

Is Recycled HDPE the Sustainable Solution to Cost Optimization?

With an emerging alternative of recycled HDPE bottles, manufacturers are striving to reduce dependency on the prices of raw materials. While high raw material cost has been a longstanding factor suppressing wide adoption of HDPE bottles for packaging, manufacturers are gradually opting for the usage of recycled HDPE material for manufacturing HDPE bottles. Unilever recently launched recycled HDPE bottles of a few recognized Australian brands selling personal and home care products, in ANZ. The brands involved are Dove, Sunsilk, Surf, OMO, and TRESemmé.

Leading packaging manufacturers are prominently focusing on developing sustainable HDPE packaging solutions to meet stringent regulatory standards set by governments of various countries. However, as the pricing volatility prevails in the HDPE bottles landscape, it is most likely to pose a negative influence on the future of HDPE in packaging. The HDPE bottles market analysis by FMI offers deeper insights on how superior material alternatives such as PET and LDPE are restricting rapid penetration of HDPE bottles. For a closer look at the global HDPE bottles landscape

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HDPE Bottles Market by Category

By Cap Type:

  • Screw Closures
  • Snap Closures
  • Push-Pull Closures
  • Disc Top closures
  • Spray Closures
  • Dispensers
  • Dropper

By Bottle Capacity :

  • Less than 30 ml
  • 31 ml – 100 ml
  • 101 ml – 500 ml
  • 501 ml – 1Lt
  • Above 1Lt

By Visibility:

  • Translucent
  • Opaque

By Neck Type :

  • Narrow Mouth Bottles
  • Wide Mouth Bottles

By End-user Industry Type :

  • Food & Beverages
    • Dairy Products
    • Juices
    • Others
  • Chemical
    • Agro Chemicals
    • Industrial Chemicals
    • Lubricants & Petrochemicals
  • Specialty Chemicals
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Homecare & Toiletries

By Barrier Type:

  • Low-barrier Bottles
  • High-barrier Bottles
    • Fluorinated Bottles
    • Polyamide (PA) Layer Bottles
    • Ethylene Vinyl Alcohol (EVOH) Layer Bottles

By Region :

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

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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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Packaging Additives Market Sales in North America are majorly driven by the high popularity of online shopping trends and e-Commerce platforms

The global packaging additives market is expected to be worth US$ 549 million in 2022, with the market expected to grow at a CAGR of 4.3 percent to reach US$ 650 million by the end of 2026.

Packaging additives are widely used in end-use industries such as food and drinks and pharmaceuticals in the packaging business. The global packaging additives market is being driven by an increase in disposable income and economic expansion. The rise of convenient packaging and the food sector in various rising countries throughout the world is a key driver in the global packaging additives market.

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Key players considered in this report on global packaging additives market include

  • AkzoNobel N.V.
  • ALTANA Group
  • Arkema
  • BASF SE
  • ColorMatrix Group
  • Flint Group
  • Henkel
  • Huber Group
  • Lubrizol Corporation
  • PPG Industries Inc
  • Sun Chemical Corporation
  • Valspar Corporation
  • Wacker Chemie AG
  • Evonik

Many unrecognized and local players are expected to contribute to the global packaging additives market during the forecast period.

The packaging industry in regions such as North America and Europe is highly mature and supports manufacturers to promote market growth in other regions. Growth opportunities in the packaging additives market due to the variation in the food consumption habits in regions such as Middle East and Asia Pacific excluding Japan is prompting various leading manufacturers of packaging additives to set up the production units in this regions.

The growth of packaging additives can mainly be attributed to the contributions of emerging economies in North America such as the U.S. and Canada. The U.S. is expected to be at the forefront, spearheading the growth of the packaging additives market, during the forecast period. According to the research by Future Market Insights, the U.S. packaging additives market has witnessed rapid growth in the past couple of decades. As per volumetric analysis, the plastic sub segment in the substrate segment is projected to dominate the packaging additives market.  So, packaging additives manufacturers are looking forward to developing such biodegradable bioplastics that will reduce the carbon footprint.

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Key Segments of Packaging Additives Industry Survey

By Substrate Type :

  • Packaging Additives for Plastics
  • Packaging Additives for Metals
  • Packaging Additives for Paper & Paperboards
  • Others (Glass)

By Product Type :

  • Antimicrobial Agents
  • Antifog Agents
  • Antistatic Agents
  • Clarifying Agents
  • Oxygen Scavengers
  • UV Stabilizers

By Packaging Type :

  • Packaging Additives in Flexible Packaging
  • Packaging Additives in Rigid Packaging

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By Region :

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

The companies involved in the manufacturing of packaging additives are focusing on enhancing their production capacity by establishing new production units. The key motive is to have a worldwide presence through collaborations, acquisitions, or by exports in the packaging additives market. The manufacturers of packaging additives are likely to eye the lucrative regions of North America and the Asia Pacific in the coming years.

Various vital players find regions such as the Asia Pacific and Middle East & African attractive to develop packaging additives plants in the coming years. Some of the key drivers for the growth of the global packaging additives market include growing demand from the food & beverage industry due to its biodegradable nature.

The packaging additives market in Asia Pacific Excluding Japan (APEJ) is expected to create the highest incremental $ opportunity during the forecast period and is expected to grow at a significant pace in the coming years. The revenue from the packaging additives market in North America is estimated to account for over 21.9% of the global packaging additives market revenue in 2018.

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https://kaalama.org/read-blog/186438

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Beverage Cartoners Market to reach a valuation of US$ 898.9 Mn by 2027

The global beverage cartoners market is estimated at US$ 707.7 Mn in 2022, and is projected to expand at a CAGR of 4.9% to reach a valuation of US$ 898.9 Mn by 2027.

In terms of revenue, the global beverage cartoners market is estimated to grow at a CAGR of 4.9% during the forecast period, owing to numerous factors, about which FMR offers thorough insights and forecasts in this report. The European beverage cartoners market is expected to remain in the leading position during the forecast period.

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Beverage cartoners are multi-functional machines that create cartons from flat blanks; secures carton by slots and pre-cut tabs and lastly seals them by adhesives or heat. Beverage cartoners are an integration of various machines into a single unit. The output performance of these machines is usually measured in terms of production capacity, that is, the number of packages created per hour. Beverage cartoners are reliable, simple, and require a single person to operate.

These machines are highly efficient, ensuring low operating costs. Beverage cartoners provide excellent protection against environmental factors to the packaged products, and their high efficiency helps to reduce delivery time of products, thereby increasing the production capacity.

In the report, FMI suggests that the brick carton machine segment is expected to play a key role in the growth of the beverage cartoners market during the forecast period. Beverage cartoners are expected to witness significant growth in many emerging countries owing to the rise of demand for aseptic packaging.

Brick carton machines are used in the packaging of various types of beverages ranging from fruits juices to ready-to-drink tea & coffee. The research also suggests that the brick carton machine segment is anticipated to be one of the highest contributors to the growth of the beverage cartoners.

Gable top machines are anticipated to witness the highest growth in the beverage cartoners market during the forecast period. The growth is mainly attributed to the contributions of countries like Germany and UK in the European region.

In North America, beverage cartoners market has been estimated to have high growth potential, considering that most of the manufacturing sector has been captured by gable top machines segment of beverage cartoners. Manufacturer are adopting beverage cartoners as it reduces the labour cost and increases efficiency. Germany is expected to be at the forefront, spearheading the growth of the European beverage cartoners market during the forecast period.

According to the research by FMI, beverage cartoners market has witnessed rapid growth in the past couple of decades and steadily rose to over-capacity of production in Germany and the UK. Germany’s annual beverage cartoners market yield and production enables it to tower over other European countries.

Some of the key drivers for the growth of the global beverage cartoners market include growing demand in end-use applications such as fruit juices, dairy products, and ready-to-drink tea & coffee, etc. Though beverage cartoners are more expensive machines, they are more reliable.

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The key focus of companies involved in the manufacturing of beverage cartoners is enhancing their production capacity, both by expanding new production facilities and by improving existing sites. The key motive is to have a worldwide presence through collaborations, acquisitions, or by exports in the beverage cartoners market.

The manufacturers of beverage cartoners are likely to eye the lucrative regions of Europe & North America in the coming years. Mass urbanization in countries, coupled with upgraded standards of packaging solutions, is expected to be the fundamental driving forces behind growth in demand for beverage cartoners. The beverage cartoners market is in for a dramatic turn of events in the next decade, as the focus shifts towards the Asia Pacific.

Key players considered in the report on beverage cartoners market include Tetra Pak, Inc., Econocorp, Inc., SIG Combibloc Group, RA Jones & Co. Inc., Gerhard Schubert, Elopak AS, Visy Industries Holdings Pty Ltd., Krones AG, and Shanghai Joylong Industry Co. Ltd. Many unrecognized and local players are expected to contribute to the global beverage cartoners market in 2018-2027.

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Key Segments of Beverage Cartoners Industry Survey

Beverage Cartoners Market by Product Type:

  • Brick Carton Machines
  • Gable Top Machines

Beverage Cartoners Market by Output Capacity:

  • Below 9,000 Packages/Hr
  • 9,000-12,000 Packages/Hr
  • 12,000-24,000 Packages/Hr
  • Above 24,000 Packages/Hr

Beverage Cartoners Market by End-use Application:

  • Beverage Cartoners for Fruit Juices
  • Beverage Cartoners for Dairy Products
  • Beverage Cartoners for RTD Tea & Coffee
  • Beverage Cartoners for Carbonated Soda
  • Beverage Cartoners for Water
  • Beverage Cartoners for Alcoholic Beverages

Beverage Cartoners Market by Region:

  • North America Beverage Cartoners Market
  • Latin America Beverage Cartoners Market
  • Europe Beverage Cartoners Market
  • East Asia Beverage Cartoners Market
  • South Asia & Pacific Beverage Cartoners Market
  • Middle East & Africa (MEA) Beverage Cartoners 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 5 years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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Digital Textile Printing Market is expected to be driven by growing demand for printed fabrics and textiles

The global digital textile printing market is anticipated to clock a remarkable CAGR of 16.3% over 2022-2029, as suggested by a new Future Market Insights (FMI) report. This astonishing market growth is majorly driven by increasing penetration of the printing sector in developing markets such as China, Mexico, and India, and technological advancements that have taken place over time.

Digital Textile Printing Market is expected to surpass US$ 8 Bn by 2029, likely to Grow Moderately at 16.3%CAGR during the assessment period.

Potential Impact of COVID-19

In light of the measurable impact of the COVID-19 pandemic on the printing industry, FMI projects that, industry players will most likely fail to meet their financial targets due to considerable supply chain disturbance, led by reduced customer demand. Alerted by the current market situation, leading players are building essential operational flexibility to survive the pandemic.

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In addition, the pandemic has triggered implications to digitally transform workplaces in order to better serve end users and thrive over the course of the following years. This crisis will possibly create a fertile ground for potential transformation of the digital textile printing market, as stated by the FMI study.

Manufacturers are slowly making developments in quality digital textile printing technology, and thus, flexography and lithographic printing technology providers are slowly shifting to digital printing processes.

Growth outlook of the digital textile printing seems promising, owing to its numerous characteristics and use of advanced technology. The U.S. and Canada are projected to offer lucrative opportunities to manufactures as the demand for digital textile printing solutions in these countries surges.

Key Takeaways from Digital Textile Printing Market Study

  • The direct to fabric (DTF) segment is experiencing unmatchable demand in the global digital textile printing market, expected to expand at an impressive CAGR of 17.5% during the forecast period.
  • As compared to traditional printing technologies, digital textile printing requires higher primary set-up cost, and hence, per unit cost is high for small volume printing. Moreover, high frequency of orders for shorter run lengths requires arranging multiple jobs and regular plate changing.
  • Digital printers are pursuing more precise ways of determining the equipment type and run lengths for printing. It has been witnessed that print service suppliers are mainly aiming on computerizing their printing processes.
  • In terms of market growth, North America and East Asia are estimated to witness astonishing growth in the global digital textile printing market.

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Growing Inclination towards Digital Textile Printing Designs Creating Opportunities for Designers

Earlier, unique and eye-catchy designs were only used for high fashion clothing that was exposed on the stages on foremost fashion weeks across the globe. But over the last few years, more and more high-fashion brands such as H&M and Zara are joining unique and more outbound designs in their pools.

By using digital textile printing techniques, people want to buy these exclusive pieces of clothing, and big high-fashion brands are skillfully reacting to those demands. This new request for uniqueness is a fruitful opportunity for digital textile designers.

Conventional printing methods can limit designers to create unique high-quality designs. Digital textile printing helps designers expand their creativity and gives them the right tools to create futuristic designs.

Signage Market Opening New Doors for Digital Textile Printing Manufacturers

Sign and display printers demand reliable, efficient, and low-cost products. Healthy demand for signs and displays is reinforcing steady market growth for digital textile printing. Outdoor, indoor, wall décor, and event décor are some the fastest-growing segments in the signage market that are using digital textile printing techniques. The aim is to increase sales in response to the rising number of short-run digital print jobs for events, team uniforms, corporate clothing, and others.

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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 7-years.

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Inkjet Printers Market is likely to record at a CAGR of 6.5% from 2022 to 2028

Markets on a local, regional, and worldwide level are investigated while generating the report. Businesses must adopt world-class solutions, such as this market research report, to thrive in this ever changing market landscape. This industry study compiles a wealth of company, product, and market-related data based on the needs of the customer, ultimately assisting firms in developing better strategies. This premium market research report is the result of the meticulous efforts of professional forecasters, well-versed analysts, and informed researchers.

Future Market Insights delivers vital insights on the inkjet printer market in its published report, titled “Inkjet Printers Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028)”. In terms of revenue, the global inkjet printers market is projected to expand at a CAGR of 6.5% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

The global inkjet printers market is expected to be valued at over US$ 52.1 Bn in 2022 and is expected to procure significant market value during the forecast period. The market is likely to record at a CAGR of 6.5% from 2022 to 2028.

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Inkjet printers are non-contact printers which use a nozzle to propel the ink on the substrate. The nozzle of inkjet printers is controlled digitally. Different inkjet printers are used according to the various applications. Single and multifunctional inkjet printers are used in institutions like offices, schools, and colleges. Large format inkjet printers are used to print posters, photographs. Industrial inkjet printers are used for marking, coding, and printing labels generally for packaging. While inkjet press is used for bulk printing such as books, catalogues, and magazines.

In the report, FMI suggests that multi-functional and large format inkjet printers segments are expected to play a critical role in the growth in demand for inkjet printers during the forecast period. Inkjet printers due to lower investment cost and high print quality are expected to witness an increase in preference over counterparts such as laser printers which are used in many emerging countries.

The APEJ is expected to spearhead the global growth in the inkjet printers market. The presence of radially emerging economies, increasing living standards, and the large urban population are expected to be the critical drivers for the growth of inkjet printers market in the region. According to FMI, multifunctional inkjet printers are expected to have the largest market share in the inkjet printers market in the region due to the versatility of the multifunctional inkjet printers and increased penetration of multifunctional inkjet printers in offices, schools, colleges, and other institutes. China is expected to outpace the other countries in growth of inkjet printers market in the APEJ.

North America and Western Europe are projected to witness stagnant growth due to the maturity of the inkjet printers market in the regions. The US in North America and Germany in Western Europe are expected to have the largest market share because of the higher preference of the consumers for inkjet printers over other printers. However, the large format inkjet printers are estimated to have maximum growth in the region due to the increasing trend of adopting large format printers for the poster printing in advertisement and the professional photo printing.

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Latin America and MEA are expected to be the promising markets in the global inkjet printers. The emerging economies in North Africa and Latin America, specifically Argentina and Mexico, are expected to represent high incremental opportunities due to increased penetration of inkjet printers into end-user industries. The paper segment, by substrate type segmentation of inkjet printers market, is expected to have the highest share in the inkjet printers market of Latin America and MEA due to the higher consumption of copier papers in the regions.

Japan accounts for a smaller share in the global inkjet printers market. However, Japan-based companies such as Seiko Epson Corporation, Canon Inc., and Brother Industries Ltd combine to have the highest market share in the global inkjet printers market.

The companies involved in inkjet printers manufacturing have their key focus on enhancing the ink carrying capacity of the inkjet printers and to increase the global footprint through acquisitions and expansions. The manufacturers of inkjet printers are likely to eye the profitable region of Asia Pacific in the coming years. Mass urbanization in these countries, coupled with improved standards of living, is expected to be the key driving force behind growth in demand for inkjet printers.

Key players considered in the report on inkjet printers market include HP Inc., Canon Inc., Brother Industries, Ltd., Seiko Epson Corporation, Xerox Corporation, Hitachi Industrial Equipment Systems Co., Ltd, Lexmark International Inc., Domino Printing Sciences plc, Inkjet, Inc., Markem-Imaje Corporation, and Videojet Technologies, Inc.

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Inkjet Printers Market by Category

By Printer Type:

  • Single functional Printers
  • Multi-functional Printers
  • Large Format Printers
  • Industrial Inkjet Printers
  • Textile Inkjet Printers
  • Inkjet Press

By Technology Type:

  • Continuous Inkjet
  • Drop on Demand
    • Thermal DOD
    • Piezoelectric DOD

By Substrate:

  • Plastic
  • Metal
  • Paper
  • Fabric
  • Ceramic
  • Others

By End-use Industry:

  • Consumer
  • Institutional
  • Industrial
    • Packaging
    • Publishing
    • Photography
    • Textile
    • Advertisement

By Region:

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

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

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