Market Research Blog

Future Market Insights’ forecast study foresees a substantial growth for the global gas cylinders market during the assessment period, 2017-2026. Over this period, it has been forecasted that the global gas cylinders market will register a robust expansion at an estimated 8% CAGR in terms of value. The report further projects that the global sales of gas cylinders will rake in more than US$ 11 Bn revenues by the end of 2026.

With soaring oil & petrochemical prices, the transportation and storage of valuable gases is translating into lucrative profit margins and high value growth for companies. The adoption of gas cylinders continues to gain traction in such critical operations. Future Market Insights foresees a robust growth for the global gas cylinders market in the years ahead.

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According to its recent forecast study, the global gas cylinders market is estimated to grow at a vigorous 8% CAGR in terms of value over the period, 2017-2026. Advanced safety features and effective storage capabilities of gas cylinders will play a key role in driving their sales during this assessment period. The report has further projected that gas cylinders sold across the globe by the end of 2026 will bring in revenues worth over US$ 11 Bn.

Superior Safety Features of Type I Cylinders to Drive their Adoption

In addition to their end-use in storing CNG and other fuels, gas cylinders are being widely used in bulk gas transportation operations. High stakes associated with such operations has spurred the use of type I gas cylinders. Advanced safety features of type I gas cylinders make them a sought-after for eliminating the risks of accidental gas leaks. Light weights of type I gas cylinders are also adding to their competitive advantage over other types of gas cylinders by supporting a fuel-efficient transportation of gases. High quality fabrications and powder coating technologies employed in the manufacturing of type I gas cylinders have extended their capabilities for being resistant to extreme corrosions. Throughout the forecast period, approximately 40% of the global gas cylinders market value will be accounted by the sales of type I gas cylinders.

Rapid Growth in Demand for Gas Cylinders Wrapped with Aramid Fibres and Carbon Fibres

The report observes that sales of wrap less gas cylinders will bring in the largest share of revenues in the global market throughout the forecast period. By the end of 2026, wrap less gas cylinders worth over US$ 5.2 Bn are pegged to be sold globally. However, the report foresees a rapid growth in demand for gas cylinders equipped with carbon fibre and aramid fibre wraps. Thermal stability of aramid fibres will drive their application in the wrapping of gas cylinder openings. Similarly, excellent strength-to-weight ratio of carbon fibres will extend their use as gas cylinder wrapping materials. Over the forecast period, carbon fibre-wrapped gas cylinders will register fastest revenue growth at 9.3% CAGR, while sales of aramid fibre-wrapped gas cylinders will bring in more than US$ 1.6 Bn by 2026-end.

The type of gas being stored and the size of the cylinder will also play a key role in influencing the sales of gas cylinders. In 2018 and beyond, the demand for gas cylinders with 6kgs and 14kgs sizes will soar at a considerable rate, the revenues from which will account for nearly one-third of global gas cylinders market value. The report further reveals that majority of gas cylinders manufactured in the world will be used to store flammable gasses. In 2017, nearly US$ 1.3 Bn worth of gas cylinders sold globally were used for storing flammable gases.

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Gas Cylinders Market Taxonomy

Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Cylinder Type

• Type I
• Type II
• Type III
• Type IV
• Type V

Wrap Type

• Wrap Less
• Glass Fiber
• Aramid Fibre
• Carbon Fibre
• HDPE

Size

• 3 kgs
• 4.5 kgs
• 6 kgs
• 9 kgs
• 14 kgs
• 17 kgs
• 19 kgs
• 21-34 kgs
• 35-48 kgs
• Other Sizes

Gas Types

• Inert Gases
• Flammable Gases
• Toxic Gases
• Pyrophoric Gases
• Oxidisers

APEJ to Represent Largest Market for Gas Cylinders through 2026

In 2017, more than US$ 1.8 Bn worth of gas cylinders were estimated to be sold in the Asia-Pacific excluding Japan (APEJ) region. The report observes the predominance of APEJ in the global gas cylinders landscape, reflecting a global market value share of nearly 33% over the forecast period. Leading manufacturers in the global gas cylinders market are expected to expand their bases in the APEJ region.

• Hexagon Composites ASA,
• Luxfer Gas Cylinder,
• Worthington Cylinders,
• Quantum Technologies,
• Time Technoplast,
• Drägerwerk AG & Co. KGaA,
• Beijing Tianhai Industry Co.,
• Faber Industrie S.p.A.,
• Everest Kanto Cylinder Ltd., and

Ullit will be observed as the leading players in the global gas cylinders market through 2026.

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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,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/gas-cylinders-market
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In this report, the market for paper napkin making machine is covered in detail and explores all the factors that are the reason for the sustained growth of the paper napkin making machine market.

Report Structure

The report is divided into four distinct sections. The first part of the report consists of the executive summary and the introduction. The executive summary gives a cursory look at the global paper napkin making machine market and gives the pertinent market numbers that are most important, that includes the historical CAGR growth from 2012 till 2016 and the forecasted CAGR from the year 2017 till the end of the forecast period in 2026.

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The most important segment and region pertaining to the paper napkin making machine market is also given in the executive summary. In the introduction part, the paper napkin making machines are defined clearly so that the report audiences are clear about the scope of this market and the introduction to the paper napkin making machine and their applications are given. The introduction part also contains the market taxonomy of the global paper napkin making machine market.

Besides, the introduction part also contains the global paper napkin making machine market dynamics which consist of the various drivers, restraints and trends operating the in this market. In addition to this, the introduction part also contains the supply chain analysis, cost structure analysis, pricing analysis and raw material sourcing strategy and analysis to give a 360 degree view of the global paper napkin making machine market. At the end of the introduction part, a list of distributors and key participants market presence (Intensity Map) by region is also given.

Automatic Paper Napkin Making Machines to Gain Momentum

Next-generation paper napkin making machines are gaining increased traction in the paper napkin making machines market, driven by recent developments in the paper napkin industry. Proliferation in demand for paper napkins across various industrial verticals has been compelling manufacturers to focus on the development of more efficient paper napkin making machines, which hold potential in bolstering the industry’s productivity.

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Competition Landscape

The last part of the report consists of the competition landscape, where leading market players operating in the global paper napkin making machine market are profiled individually. This information is in the form of company overview, product overview, key financials and key developments pertaining to that particular company. The competition landscape section also contains the SWOT analysis of the featured companies, which gives the report audiences information about the strengths, weaknesses, opportunities and the threats that the leading companies operating in the global paper napkin making machine market are facing.

Research Methodology

Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies in the paper napkin making machine market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period.

The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global paper napkin making machine market.

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Market Taxonomy

Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Production Capacity

• 100-200/Hour
• 200-400/Hour
• 400-600/Hour
• 600-800/Hour

System Type

• Integrated
• Standalone

Operation

• Automatic
• Semi-Automatic

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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:
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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

 

A new research report of Future Market Insights has slated an above-average expansion for the global transit packaging market through the forecast period (2017-2026). Revenues from the market are poised to surpass US$ 200,000 Mn by 2026-end.

Ecommerce Fulfillment Hubs Aggressive in Development & Implementation of Automation Systems in Warehouse & Logistics

Traditionally, material handling, shipping, and warehousing operations associated with transit packaging have been labor-intensive, burdening personnel costs and potential for injury, accident, and product damage. Currently, there is huge emphasis on accommodating human operators and human-operated equipment in the warehouse layout and design, which in turn will lead to optimum utilization of warehouse space and overhead volume. There has been a rise in the incorporation of stock-picking robots and robotic forklifts that require relatively narrower aisles than the human-operated machines, thereby enabling safe manipulation of taller shelves, racks and pallet stacks. Ecommerce fulfillment hubs have become more aggressive in the development and implementation of automation systems in warehouse and logistics, which in turn is expected to reshape the market for transit packaging in the near future.

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Surging trade activities coupled with robust demand for packaging from various end-use industries are driving complications in transit packaging management. This has further led toward the introduction and high adoption of the efficient fleet management systems for facilitating management of tracking & cleaning containers, maintenance activities, and fleet sizes, in order to deliver safe and efficient transportation of goods. Soaring emphasis on the product safety during transportation has fuelled adoption of corrugated boxes, as they facilitate the process of recycling and are more sustainable for the environment. The environmental issues play a fundamental role in selection, business practices, and product design of transit packaging. Prominent retailers currently demand for less wasteful and more efficient transit packaging solutions, with their motivation for using “greener” packaging materials rowing in tandem with the environmental sensitivities of players driving the market for transit packaging globally.

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Key Research Findings from the Report

• Europe will account for the lion’s share of the market by 2026-end, succeeded by North America and Asia-Pacific excluding Japan (APEJ). Revenues from transit packaging market in Europe and APEJ are expected to increase relative faster through 2026. In addition, revenues from the market in North America and Latin America are projected to witness a parallel increase through 2026.
• Polyurethane and paper & paperboard are expected to retain their position of being fastest growing packaging materials in the global transit packaging market. In contrast, sales of polyethylene and ethylene vinyl alcohol are expected to grow in parallel at the lowest CAGR through 2026.
• On the basis of packaging type, cartons and containers are expected to lead the global transit packaging market, in terms of revenues. However, sales of wooden crates are poised to reflect a comparatively faster expansion through 2026.
• Pharmaceuticals and third party logistics will prevail as fast-growing end use industries of transit packaging, with revenues collectively estimated to reach approximately US$ 55,000 Mn by 2026-end.

Occupancy of numerous local, regional, and multinational players has made nature of global transit packaging market fragmented, wherein regional players are increasingly competing against international players via provision of various innovative solutions at relatively lower prices. International players are likely to retain their dominance in terms of quality, range of offerings, features, and cost. Wide scope for innovation is being highly sought-after by the market vendors, owing to surging demand from the food, fertilizer, pharmaceutical, and chemical industries. An inorganic expansion is estimated for international players in the market through acquisition of local or regional players in the near future. FMI’s report identifies key players driving the market growth, which include Yinghua Plastic Products Co., Mondi Group PLC, Honeycomb Cellpack A/S, Deufol SE, Papier-Mettler KG, BEUMER Group GmbH & Co. KG, International Paper Co., Nefab AB, Eltete TPM Ltd, and SGS SA.

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Market Taxonomy

A segmentation analysis delivered in the report submits insights on the global market for transit packaging. The market is characterized based on end use industries, packaging type, material type, and region. Analyses on the Y-o-Y growth comparison, market share comparison, and the revenue comparison in accordance with relevant market numbers has been delivered in this chapter. The global market for transit packaging has been divided regionally into Asia-Pacific excluding Japan, Europe, Middle East & Africa, Japan, Latin America, and North America.

Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Material Type

• Polyethylene
• Polypropylene
• Polyethylene Terephthalate
• Polyvinyl Chloride
• Ethylene vinyl alcohol
• Polyurethane
• Paper & Paperboard
• Metal
• Wood

Packaging Type

• Cartons
• Wooden crates
• Containers
• Corrugated boxes
• Barrels
• Intermediate Bulk Containers
• Strapping
• Other Packaging Type

End Use Industries

• E-Commerce
• Automotive
• Building & Construction
• Chemicals
• Food & Beverages
• Electrical & Electronics
• Industrial Machinery and Equipment
• Pharmaceuticals
• Third Party Logistics
• Consumer Goods

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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,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/transit-packaging-market
For Sales Enquiries: sales@futuremarketinsights.com
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The global pharmaceutical packaging market is postulated till US$ 178.8 Bn by the year 2031 at a CAGR of 7.4% between 2022 and 2031.Over the past few years, pharmaceutical packaging is gaining ground due to improvements in terms of safety and security. Also, the rising incidence of diseases coupled with sustainability concerns is positively influencing the growth of pharmaceutical packaging operations.

The latest research on “Pharmaceutical Packaging Market Report” offered by FMI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business.

Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies and Forecast.This report provides an in-depth study of the market competitive situation, product scope, market overview, opportunities, driving force, and market risks.

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Top Key Players Covered-

Westrock Company., Becton, Dickinson and Company, Amcor plc, Berry Global Group, Inc., Mondi group, and Ardagh Group S.A. are some of the leading players operating in the pharmaceutical packaging market.

As per FMI analysis, the Tier 3 players in the market are estimated to hold 70-80% in the global pharmaceutical packaging market. In conclusion, key players contribute almost 20-30% of the global market. Market leaders are largely focused on product development and merger & acquisition strategies.

Sales of the pharmaceutical packaging solutions have risen exponentially in the past few years. This can be attributed to the increasing demand for child-resistant packaging formats to avoid accidental consumption. Cost-effectiveness, ease of use, and durability are key factors fuelling the demand for various packaging solutions. The pharmaceutical packaging market is anticipated to witness soaring demand as manufacturers introduce innovative easy-to-use-and-dispose features.

Packaging of the pharmaceutical products is of key importance among drug manufacturers. According to a study on the pharmaceutical packaging market by Future Market Insights (FMI), manufacturers are giving priority to clean room packaging solutions in order to control the impact of the pandemic and other ailments.

Pharmaceutical packaging solutions include primary packaging options including bottles, vials, ampoules, blister packs, in addition to secondary packaging such as boxes, cartons, and more. Of these, the demand for bottles as a suitable type of pharmaceutical packaging is considerably high.

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Key Takeaways from Pharmaceutical Packaging Market Study

• By product type, bottles are estimated to lead the market with over 30% of the value share, by the end of 2031 supported by leak-proof packaging solutions
• Plastic is projected to be the most lucrative material in the industry creating an incremental opportunity of US$ 58.41 Bn by 2031
• The U.S. holds dominance in the North America market with the presence of some of the leading pharmaceutical manufacturers
• China will showcase a solid growth driven by the expansion of local pharmaceutical sector
• Germany is projected to be dominant in Europe and is expected to continue leading as a pharma packaging manufacturing hub.

“Regulations implemented to ascertain safety of drugs & medications will create lucrative opportunities. Pharmaceutical packaging is sought-after due to its temperature & moisture resistance, durability, and ease of use. With the expansion of the pharmaceutical sector, manufacturers are likely to focus on the launch of novel technologies,” says an FMI analyst. 

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Rise in Per Capita Healthcare Expenditure Augments Sales for Pharmaceutical Packaging

Considering the current scenario and rising awareness about the healthcare sector, investments in the drug and biopharmaceutical sectors are rising. Healthcare investments have had a positive and direct correlation with the pharmaceutical industry.

A major part of investments is attracted from the pharmaceutical industries for the growth of the country’s economy. The per capita expenditure on healthcare is increasing steadily due to the concerned behaviour of customers about shelf life.

As per a World Bank report, in 2018, Japan spent around 10.95% of its GDP on healthcare whereas Germany spent 11.43% of its GDP for the same. As a result, the market for pharmaceutical packaging has benefited as investments in the healthcare sector will favour growth of the pharmaceutical packaging industry.

Impact of COVID-19 on Pharmaceutical Packaging Market

The COVID-19 pandemic had a positive impact on the growth and demand for pharmaceutical packaging, supported by several factors such as an increase in the cases on-going disease, the urgent need for pharmaceutical products, and drastic demand for life-saving drugs & medicines.

Every regional market was impacted due to the COVID-19 pandemic, which ultimately created a requirement for drugs for treatments which in turn increased the demand for pharmaceutical packaging majorly in North America, Europe, and South & East Asia.

Later, at the beginning of 2021, the demand for pharmaceutical packaging rose strongly due to a rising number of COVID-19 positive cases in addition to the prevalence of other non-contagious diseases. Considering this, the demand for vaccine, injections, medicines, and other drugs has increased, fuelling sales opportunities for pharmaceutical packaging solutions.

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Key Segments Covered in Pharmaceutical Packaging Research

Product Type

• Bottles
  • Packer Bottles
  • Liquid Bottles
• Vials & Ampoules
• Blisters
• Bags & Pouches
• Prefilled Syringes & Cartridges
• Sachets
• Trays
• Tubes
• Containers, Jars, & others

Material Type

• Plastics
  • Polyethylene
    • LDPE
    • HDPE
  • Polyvinyl Chloride
  • Polypropylene
  • Polyethyene Terephthalate
  • Others (Polycarbonate)
• Glass
• Metals
• Paper

Region

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

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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,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/pharmaceutical-packaging-market
For Sales Enquiries: sales@futuremarketinsights.com
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Worldwide sales of tissue paper converting machines reached ~3 thousand units in 2018, unveils the new research study by Future Market Insight (FMI). According to the report, the tissue paper converting machines market is estimated to grow by ~5% YOY in 2019, primarily influenced by recent technologies for enhancing tissue paper formats. According to FMI’s report, increasing focus on strength, printing and embossing quality, and production cost-effectiveness of tissue paper is contributing to the build-up of tissue paper converting machines market through 2027.

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In 2018, Gambini launched AirMill, the innovative technology that enhances the embossing technology and transformed the conventional tissue paper into increasing volume and good absorbency without compromising its tensile strength. Consumer proclivity for soft and high absorption quality tissue paper, combined with good strength and compact format, will also continue to provide a fillip to the sales of tissue paper converting machines in 2019 and beyond.

Companies Investing Heavily in Capacity Expansion of Tissue Paper Products

As per FMI analysis, the consumption of tissue paper in last three years has rapidly increased owing to the growing concern around hygiene maintenance. As tissue paper is used for one time only, it helps to prevent chronic disease spread. This creates a huge opportunity for tissue paper key players. The tissue paper manufacturers have started investing in capacity expansion and quality management.

On 27 November 2018, Cascade Inc. invested US$ 58 million to modernize tissue converting capacity at its Wagram, NC plant.

In 2018, Metsa Tissue, replaced its old machines with an increased capacity machine having production capacity of 10,000 Tones. In order to deal with the growing demand of tissue paper in West European region, the company started new away-from-home, converting lines at its Germany plant.

Implementation of Hybrid Technology in Industries Creating New Opportunities

In order to deal with market competition, key players are laying maximum focus on developing innovative and integrated technologies of tissue paper converting machines. In 2018, Gambini S.p.A. one of the leading manufacturers of converting machineries, introduced Gambini for You (G4U) – Pilot Line along with the strategic partner AirMil. This consists of a pilot line from the unwinders to the log saw with the format 2.8m and speed up to 550 m/min. Moreover, Fabio Perini S.p.A. recently launched MyPerini, a complete range of converting and packaging line for tissue papers.

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Toilet Roll Converting Machine Lines Gaining More Traction

As per FMI’s study, the demand for toilet roll converting line is dominating the global market of tissue paper converting machines. The key players can skip the use of rewinding of logs using advanced toilet tissue paper converting lines. It is witness that the demand for toilet tissue paper is growing significantly in Asia Pacific and North American regions. As per the report, the global sales of toilet roll converting machines poised to reach ~2 thousand units in 2019. Following this, the demand for kitchen roll converting machines is estimated to shoot up by the end of 2027, as the European consumers have a higher demand for kitchen tissue paper in consumer and hospitality sectors.

The modern converting machines maintains the embossing and printing quality during tissue paper formatting. The sales of folded tissue paper converting machine lines will continue to remain less, reveals the FMI study. Owing to an increasing preference of pocket tissue papers, the demand for paper napkin converting machines is expected to be bearish during 2019-2027. The market share for standalone machines will remain constant due to increasing preference of integrated technology based machineries.

This study underlines key opportunities in the tissue paper converting machines market and finds that the market would exhibit growth at a value CAGR of ~5% during forecast period, 2019-2027. 

About Us

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

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Tissue Paper Converting Machines Market by Category

By System Type:

• Toilet Roll Converting Lines
  • Consumer
  • Away From Home
• Kitchen Roll Converting Lines
  • Consumer
  • Away From Home
• Folded Tissue Converting Line
  • Consumer
  • Away From Home
• Paper Napkin Converting Lines
• Standalone

By Operation Type:

• Automatic
• Semi-Automatic

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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