Injectable Drugs Market is expected to reach US$ 531.8 Bn in 2022 | FMI

[341 Pages Report] Cancer, cardiovascular diseases, and metabolic diseases like diabetes, are the main cause of mortality and disability in present times. Even with the understanding of scientific disease indications, it is crucial to elevate diagnosis and control the symptoms and signs of illness.

According to the Future Market Insights’ analysis, the injectable drugs market is set to grow at a 5.8% CAGR over the assessment period. As per the report, the market is projected to be valued at US$ 937.0 Bn by the end of 2032.

Advancements in technologies that involve optimization of the devices used for clinical conditions, be it chronic or acute, clinical innovations, bringing in minimally invasive treatments, and evolvement in clinical diagnostics and management in treating high-risk patients, are the key developments within the general healthcare industry.

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Demand for related treatments is increasing, as people are now more aware of the right treatment options, doctor-guided plans, and precautionary measures to consider for serious clinical conditions.

Key players in the injectable drugs market are actively seeking to gain approvals from regulatory bodies, and develop products across the continuum of care in severe case recovery. Furthermore, the FDA is expected to approve new devices related to advanced injectable drugs and their administration, over the coming years.

“Increasing incidence of infectious diseases, oncological diseases, cardiac disorders and device innovation are prompting healthcare providers to incorporate new treatment regimens for improved patient outcome,” says an FMI analyst.

Key Takeaways:

  • By product, monoclonal antibodies held the largest share of 5% in the global market in 2021.
  • Based on application, infectious diseases segment held the largest share of 4% in the global market in 2021, with the segment expected to expand at 5.7% CAGR over the forecast period.
  • In terms of molecule, large molecule segment held the largest share of 8% in the global market in 2021.
  • By route of administration, sales in the intravenous (IV) segment are expected to increase at a 3% CAGR over the assessment period.
  • Based on distribution channel, the hospital pharmacies segment was valued at US$ 231.0 Bn in 2021.
  • North America held the largest share of 5% in the global injectable drugs treatment market in 2021, owing to the growing government investments in healthcare and R&D activities.

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Competitive Landscape

Product launches and collaborations with suppliers that have a strong position and are popular in the market are some of the key strategies of the market players operating in the global injectable drugs market. For instance:

  • Merck and Gilead Sciences, Inc. (Gilead) signed an agreement in March 2021 to collaborate on the development and commercialization of long-acting HIV treatments that combine Merck’s investigational nucleoside reverse transcriptase translocation inhibitor islatravir and Gilead’s investigational capsid inhibitor lenacapavir.
  • In March 2022, Sanofi IGM Biosciences, Inc. today announced the signing of an exclusive worldwide collaboration agreement to create, develop, manufacture, and commercialize IgM antibody agonists against three oncology targets and three immunology/inflammation targets. Engineered IgM antibodies represent a new class of potential therapeutics that combine the multi-valency of IgM antibodies possessing 10 binding sites compared to conventional IgG antibodies having only 2 target binding sites.
  • In February 2022, Novartis India Limited extends access to its medicines in India by signing exclusive sales and distribution agreement with Dr. Reddy’s Laboratories

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the injectable drugs market in its latest study, presenting a historical demand assessment of 2014 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (monoclonal antibodies, immunoglobulin, cytokines, insulin, peptide hormones, blood factors, peptide antibiotics, vaccines, small molecule antibiotics, chemotherapy agents, and others), by application (oncology, infectious diseases, diabetes, blood disorders, hormonal disorders, musculoskeletal disorders, CNS diseases, pain management, and cardiovascular diseases), by molecule type (small molecules and large molecules), by route of administration (intravenous (IV), intramuscular (IM), and subcutaneous (SC)), by distribution channel (hospital pharmacies, retail pharmacies, drug stores, and online pharmacies), across seven key regions of the world.

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Key Players :

  • Pfizer Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Sanofi S.A.
  • Sun Pharmaceutical Industries Ltd.
  • AstraZeneca Plc
  • Merck & Co., Inc.
  • Viatris + Mylan N.V
  • Cipla Inc.
  • Dr. Reddy’s Laboratories Ltd.
  • Samsung Biologics
  • Abbott Laboratories
  • Amgen Incorporated
  • Baxter International Incorporated
  • Becton Dickinson and Company
  • Bristol-Myers Squibb Company
  • GlaxoSmithKline Plc
  • Roche Holding Limited

Key Segments Covered in Injectable Drugs Industry Research

By Product:

  • Monoclonal Antibodies
  • Immunoglobulin
  • Cytokines
  • Insulin
  • Peptide Hormones
  • Blood Factors
  • Peptide Antibiotics
  • Vaccines
  • Small Molecule Antibiotics
  • Chemotherapy Agents
  • Others

By Application:

  • Oncology
  • Infectious Diseases
  • Diabetes
  • Blood disorders
  • Hormonal Disorders
  • Musculoskeletal Disorders
  • CNS Diseases
  • Pain Management
  • Cardiovascular Diseases

By Molecule Type:

  • Small Molecules
  • Large Molecules

By Route of Administration:

  • Intravenous (IV)
  • Intramuscular (IM)
  • Subcutaneous (SC)

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

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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Egg Packaging Market Expected to Witness High Growth by 2029

The global egg packaging market is pegged to reach US$ 10.3 Bn by the year 2029 at a CAGR of 5.8% between 2022 and 2029.

As indicated by the report, thorough research about macro and microeconomic factors influencing growth of the egg packaging market, FMI opines that the market will expand at a CAGR of over 5.8% during the forecast period, representing a healthy growth outlook over coming years.

Moulded fibre and plastics, including polystyrene and polyethylene terephthalate (PET), are among the most commonly used raw materials for egg packaging. The FMI study predicts that the global market for egg packaging made of plastic will expand at a CAGR of 6% during the forecast period.

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Moulded fibre provides integrated structure with suitable rigidity and stiffness which makes it suitable for shock proof performance. Also, moulded fibre trays have good air permeability and hygroscopic ability which plays an important role in egg packaging and storage.

However, the price of moulded fibre is comparatively on the higher end as compared to plastics. In addition, plastic trays are reusable and washable. This is one of the main factors why plastic is preferred over moulded fibre in the egg packaging market. Trays made up of polystyrene offer superior cushioning and protection against moisture and odor. Also, plastic is fungus- and mould-resistant, which marks another benefit over moulded fibre in terms of maintenance.

End-users Prefer Trays over Cartons as Convenience Becomes Paramount

Egg packaging solutions available in the market are either egg trays or cartons. FMI predicts that egg packaging solutions in the form of trays will have a lion’s share in the egg packaging market during 2019-2029. This is mainly attributed to the ergonomics of trays. Trays also provide a convenient method for counting eggs.

Moreover, special care needs to be taken for cartons made up of moulded fibre as they cannot be placed at the bottom as a stack. Higher level of convenience of egg packaging in the form of trays is thus expected to influence the dynamics of the egg packaging market in the upcoming years.

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Egg Packaging Market is Becoming Highly Competitive

In recent times, egg packaging manufacturing industries are witnessing intense competition among regional players. In order to remain competitive in the market, manufacturers are focused on innovation in product design, in terms of shape, size, raw materials, and functional properties.

Key manufacturers in the egg packaging market such as Huhtamaki are opting for grass-based materials for the production of cartons. Rye grass cartons are another alternative to traditional cartons in the egg packaging market. These cartons are made up of rye grass & cardboard, elevating sustainability quotient of the egg packaging market.

Key vendors in the egg packaging market are expanding through organic methods such as launching new products or expanding their manufacturing capacity. For instance, Huhtamaki has developed new egg trays for 30 eggs at its Brazil manufacturing plant.

Key manufacturers in the egg packaging market profiled in this report include– Huhtamaki Oyj, Brodrene Hartmann A/S, Henry Molded Products, Inc., Pacific Pulp Molding, LLC, Pactiv LLC, Sonoco Products Company, Primapack SAE, CKF Inc., Biodegradable Packaging for Environment Co., Ltd., D&W Fine Pack LLC, Placon Corporation Inc., Mauser Packaging Solutions, Linpac Packaging Ltd., Tekni-Plex Inc., Graphic Packaging Holding Company, Genpak, LLC, KSP Fiber Products Pvt Ltd., Al-Ghadeer Group, Guangzhou NANYA Pulp Molding Equipment Co., Ltd., Celluloses De La Loire, and Dynamic Fibre Moulding (PTY) Ltd.

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Key Segments Covered In Egg Packaging Industry Research

Egg Packaging Market by Material

  • Paper
    • Paperboard
    • Recycled Paper
    • Molded Cup
  • Plastic
    • Polyethylene Terephthalate
    • Polystyrene
  • Others

Egg Packaging Market by Product Type

  • Cartons
  • Trays
  • Containers
  • Others

Egg Packaging Market by Application

  • Retailing
  • Transportation
  • Others

Key Questions Answered in the Report

  • How much is the Egg Packaging market currently worth?
  • What is the sales forecast for Egg Packaging through 2029?
  • What was last 7-year market CAGR for the sales of Egg Packaging?
  • Who are the key manufacturing companies for Egg Packaging?

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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.

Contact:

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Multi-item patient monitor Market to grow at a CAGR of 3.61% to be valued at US$ 55.6 Billion from 2022 to 2032

Global Multi-item patient Monitor market demand is anticipated to be valued at US$ 39.0 Billion in 2022, forecast to grow at a CAGR of 3.61% to be valued at US$ 55.6 Billion from 2022 to 2032. A patient monitor is a medical device that consists a processing component, monitoring sensors and a screen display which further measures and store a patient’s vital signs such as, blood pressure, body temperature, respiratory rate and pulse rate.

Multi-item patient monitors are also capable of measuring the activity of different body organs and ensure higher level of quality patient care. Multi-item patient monitors are electronic and technological advancements use wireless and intelligent communication technology for monitoring the patient’s vitals.

These monitors display waveforms and numerical data for the patient and are used for treatment and diagnosis in different healthcare facilities, majorly for post-acute care and chronic diseases. Multi-item patient monitors are not only used in healthcare facilities but also for home-based care. These devices are portable and easy-to-use and thus are extensively being used in home-care settings as well.

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Multi-item patient monitor Market: Drivers and Restraints 

Multi-item patient monitors are consistently being improved in technology, especially for better algorithm-based monitoring. Remote patient monitoring has evolved over the years and thus, boosted the demand for multi-item patient monitors over time.

Paradigm shift of multi-item patient monitors for use in hospitals to use in mobility services and ambulatory centers is expected to trigger the market growth for multi-item patient monitors during the forecast period. Several macro-economic factors like, increase in healthcare expenditure, improved healthcare infrastructure, and rise in disposable income are also expected to contribute to the market growth for multi-item patient monitors.

Growing product penetration and popularity across regions might also drive the multi-item patient monitors market. However, high costs associated with these monitors and poor reimbursement policies for the device might hinder the market growth for multi-item patient monitors during the forecast period.

These monitors also require maintenance and economic crisis in developing regions could also restraint the market growth for multi-item patient monitors over the forecast period.

Multi-item patient monitor Market: Overview 

Global Multi-item patient monitor market has witnessed growth due to increasing number of private healthcare facilities, globally. Multi-item patient monitor are being extensively used for emergency and post-acute care. Increase in adoption of portable multi-item patient monitors is also responsible for expansion of the multi-item patient monitors market.

Wireless technology for several monitors have gained U.S. FDA clearance and are being installed in various hospital settings around the globe. Improved technologies involve mobile augmented reality and wireless sensor network to remotely measure heart rate and body temperature in real time for patient care.

Multi-item patient monitors have gained popularity for home-based care, owing it to the easy-to operate feature of these monitors. Portable multi-item patient monitors have increased the demand of these monitors for emergency, critical and other ambulatory services.

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Multi-item patient monitor Market: Region-wise Outlook 

Geography wise, Multi-item patient monitor market is divided into eight regions viz. North-America, Asia- Pacific excluding China & Japan, China, Japan, Western Europe, Eastern Europe, Latin America and Middle-East & Africa. North America’s Multi-item patient monitor market is expanding because of high product penetration and it will remain dominant during the forecast period because of growing number of intensive care facilities and improved healthcare infrastructure.

Southeast Asia is facing an increase in the trend for these monitors owing it to the use of multi-item patient monitors via Wi-Fi and other networks. Europe’s Multi-item patient monitor market is also expected to grow at a significant rate due to constant technological advancements in multi-item patient monitors and increase in number of private hospitals.

Multi-item patient monitor Market: Key Market Participants 

Some of the market participants in the Global Multi-item patient monitor market identified across the value chain include: GE Healthcare, Mindray, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., OSI Systems, Inc, Microchip Technology Inc., Hipac Healthcare Pty Ltd, Arjo, Schiller, Heyer Medical AG, SUNRAY MEDICAL APPARATUS CO.LTD, TENKO MEDICAL, Drägerwerk AG & Co. KGaA and Fukuda Denshi

The research report on multi-item patient monitor 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 on multi-item patient monitor provides analysis and information according to market segments such as geographies, application, and industry.

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RNA-Targeted Small Molecules Market : According to the latest research by Future Market Insights, RNA-Targeted Small Molecules market is set to witness a 6.6% growth during the year 2021-2031.

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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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Pericarditis Treatment Market is likely to be worth US$ 3.60 Billion in 2022 | FMI

[299 Pages Report] Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Pericarditis Treatment Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

Pericarditis is a cardiovascular disease which represents the swelling of the pericardium wall of the heart. The main cause of pericardium disease is the inflammation of pericardium wall which is generally caused by viral infection. Other causes of pericarditis disease are renal failure, bacterial infections and intake of some drugs such as procainamide.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower.

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It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Pericarditis Treatment Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Pericarditis Treatment Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Lincoln Pharmaceuticals Ltd., Unicure India Pvt. Ltd., Zydus Cadila Healthcare Ltd., Twilight Mercantiles Pvt. Ltd.,Aasraw Biochemical Technology Co.ltd, Sun Pharmaceutical Industries Ltd. and Others

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

By Disease Type

  • Acute Pericarditis
  • Chronic Pericarditis
  • Recurrent Pericarditis
  • Idiopathic Pericarditis

By Treatment

  • Therapeutics
  • Nonsteroidal anti-inflammatory drugs (NSAIDs)
  • Antibiotic/Antifungal Medication
  • Corticosteroids
  • Surgery
  • Pericardiectomy
  • Pericardiocentesis
  • Pericardiotomy

End Users

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Academic & Research Institutes

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Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

By Regional Analysis Covered

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

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Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

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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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Bagging Equipment Market Is Set to Experience Revolutionary Growth by 2028

The Bagging Equipment Market report incorporates through and through examination and assessment of different market related factors that assumes a critical part for better direction. The Bagging Equipment Market report has been uncommonly planned by remembering the client necessities with which organizations can get help with expanding their profit from venture (ROI).

Bagging Equipment Market business report conveys a broad examination on the ongoing states of the business, capability of the market in the present and what’s in store possibilities from different places of perspectives.

Bagging equipment deals in 2018 surrounded US$ 28 billion, as demonstrated by a new knowledge viewpoint introduced by Future Market Insights (FMI). The worldwide market income for bagging equipment will notice a moderate just-more than 4% CAGR during 2018-2028, projects the report.

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Food Industry Registers Substantial Demand for Diverse Bagging Solutions

Food & beverage industry, one of the most prominent areas driving economies in several regions, will remain the predominant contributor to the bagging equipment market growth. Growth in the consumption of processed and packaged foods over the recent past has been cited among the key drivers of bagging equipment market.

The soaring demand for on-the-go food products from developed as well as emerging economies is expected to witness substantial growth, which in turn is expected to translate into high demand for efficient packaging solutions such as bagging equipment.

Bagging Equipment Market: FMI’s Key Findings

  • Standalone bagging equipment is projected to create a high incremental opportunity during the forecast period. This can be attributed to the significant price difference between standalone bagging equipment and integrated bagging line.
  • Standalone bagging equipment, being more economical, will witness growing preference from small-scale manufacturers, particularly in emerging economies.
  • Automatic bagging equipment extends a prominent share to the global bagging equipment market, as automation is increasingly being adopted in the packaging industry.
  • Capacity-wise analysis of bagging equipment market reveals that those within the range of 1001–2000 bags/hour will be a prominent segment through 2028.
  • Vertical baggers are the more preferred variant in the bagging equipment industry, which can be attributed to the fact that multiple bagging styles can be processed by these bagging equipment.

Asia-Pacific to Offer Substantial Growth Opportunities to Bagging Equipment Market

The Asia Pacific bagging equipment market is expected to be driven by the strong export orientation and manufacturing capabilities of China and India. Increasing consumption at a consumer level is anticipated to escalate the demand for food service disposables in the region, which is expected to ultimately drive high demand for bagging equipment in export-led economies.

Moreover, growth of the manufacturing sector is expected to further propel the demand for bagging equipment in the region. One of the key reasons for growth in manufacturing activities is government support towards localizing manufacturing through various incentives and regulations.

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Bagging Equipment Market: Competition Landscape

Major participants in the global bagging equipment market include Robert Bosch GMBH, All-Fill Incorporated, Tokyo Automatic Machinery Works Ltd, I.M.A. Industria Macchine Automatiche SpA, PAYPER, S.A., Bossar Packaging S.A., CONCETTI S.P.A., Omori Machinery Co. Ltd, Fres-co System USA, Inc., WOLF Verpackungsmaschinen GmbH, Fuji Machinery Co. Ltd, Webster Griffin Ltd., BW Companies Inc., Buhler Holding AG, Imanpack Packaging and Eco Solutions S.p.A, STATEC BINDER GmbH, HASSIA-REDATRON GmbH, Premier Tech Chronos, MONDIAL PACK S.r.l and Pakona Engineers Pvt Ltd.  A number of small-scale unorganized players are operating in the Asia Pacific region, and this number is expected to increase during the next decade.

Market Taxonomy

The global bagging equipment market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • Integrated Bagging Lines
    • Conveying Machines
      • Incline Transfer
      • Horizontal Transfer
    • Bagging Machines
    • Bag Opening/Sealing Machines
    • Bag Kickers
    • Bag Attachment Machines
    • Weighing/Counting Machines
  • Standalone Equipment
    • Open Mouth Baggers
    • FFS Machines
      • Vertical FFS
      • Horizontal FFS
    • Valve Baggers
    • FIBC Bagging Machines
    • Others

Automation Type

  • Automatic
  • Semi-automatic

Capacity

  • < 500 Bags/Hr
  • 500 – 1000 bags/Hr
  • 1001 – 2000 Bags/Hr
  • > 2000 Bags/H

Machine Type

  • Horizontal Baggers
  • Vertical Baggers

End Use

  • Food Industry
    • Confectionery
    • Animal Feed/Pet Food
    • Grains
    • Wheat
    • Rice
    • Corn
    • Pulses
    • Other Grains
    • Seeds
    • Spices & Condiments
    • Coffee Beans
    • Dairy Products
    • Meat, Poultry & Seafood
  • Construction
  • Pharmaceuticals
  • Homecare, Personal Care, & Cosmetics
  • Others

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

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.

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

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Growlers Market Estimated to Expand at a Robust CAGR By 2028

Future Market Insights delivers key insights on the growlers market in its published report, titled “Global Growlers Market: Industry Analysis and Opportunity Assessment, 2018–2028.” In terms of revenue, the global growlers market is estimated to expand at a CAGR of 2.7% during the 2018-2028, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

Beer Consumption Patterns Are Evolving, Dictating Demand Growth of Growlers

Top alcohol markets such as the US have been moving towards premium beer in recent years, with similar adoption in high-growth emerging markets. For instance, the penetration of premium beer brands has increased 3-4% above valued and mainstream brands, which has impacted the growlers market positively. Simultaneously, the number of independent microbreweries in the US, Germany, and other major economies is also increasing, which is another factor driving the growlers market.

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However, markets such as Australia and other Oceanic countries, have witnessed a decline in sales of beer, mostly due to changes in consumption pattern and shift in consumer preference towards other alcoholic beverages. Despite the tough competition faced by beer from different alcoholic beverages, the rise in beer consumption in developing economies such as South Africa, Mexico, and India, is expected to drive the growth of the growlers market during the forecast period.

The primary factors driving the growth of growlers market is the changing consumer demand to experience a large variety of taste and flavors. Moreover, governments in various countries (Oregon being one of the pioneers) are promoting the use of growlers to promote safe storage of alcoholic beverages.

Craft Beer Trending More in Developing Economies

The beer market in emerging economies is largely taken over by the craft beer manufacturers. China is the largest market for beer by volume, accounting for a quarter of the total market share. Therefore, providing an impetus to the growlers market. The consumer trend in China and India is shifting from mass industrial beers to more refined craft beers, which propels the growlers market in the region. The demand for growlers in China and India has significantly increased over the last few years, with both, the rise of local craft breweries and the arrival of a growing number of foreign brands.

Non-glass Growlers Highly Recommended, Growler Sales to Face Challenge from Growing Popularity of Crowlers

FMI’s analysis suggests that developed economies tend to create short-term demand and growlers have emerged as an effective packaging solution to cater to this demand. Their reusability makes them ideal for beer packaging and also helps save packaging costs. However, the beer packaged in clear glass growlers is always probable to lose its flavor. The use of dark glass growlers, ceramic growlers, and stainless steel growlers is thus recommended for long-time storage.

Breweries spend millions of dollars on their beer packaging lines to ensure low oxygen levels and freshness of beer for a longer period of time. However, beer goes flat within 24-28 hours of opening the growler, irrespective of the type of growler it is stored in. This may lead to a decline in growler production in the near future. Promising growth in the popularity of crowlers as a superior, more convenient alternative to growlers will reportedly hamper the sales of latter in coming years.

Global Vendor Landscape Remains Highly Fragmented in Growlers Market

Key manufacturers in the global growlers market profiled in this report include– William Croxson & Sons Limited, DrinkTanks Corporation, Alpha Packaging Inc., Ardagh Group S.A., Klean Kanteen, Inc., Novio Packaging B.V., Berlin Packaging, LLC, MJS Packaging, Inc., Saxco International, LLC, Boelter Companies, Zenan Glass, Hydro Flask, Global Glass Solutions, GrowlersWerks, Inc., Portland Growlers Co., and ORANGE Vessel Co.

While leading manufacturers in the growlers market are focusing on organic expansion strategies, Alpha Packaging has been one of the prominent players strategizing on growler manufacturing capacity expansion. The company has well-established eight production facilities across the US to attain large scale of production capacity and to be strategically near its core customers.

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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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Intermediate Bulk Container (IBC) Liner Market Will Escalate Rapidly in the Near Future

Future Market Insights (FMI) has recently published an exhaustive study on the global IBC liners market, bringing to fore credible insights on the key market trends impacting growth from 2020-2030.

As per FMI’s analysis, the IBC liners market is projected to expand at nearly 5% value CAGR through 2030, reaching US$ 1.2 Bn in revenue.

Opportunities abound across the recyclable and reusable IBC liner packaging solutions. A case in point, French paper manufacturing giant Ahlstrom has been extensively utilizing this technology to incur cost savings of approximately € 30,000 and significant decrease in manufacturing footprint.

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Key Takeaways

  • North America to generate US$ 135 Mn by 2020-end, East Asia to emerge as a lucrative market
  • Polyethylene IBC liners to account for over one-third revenue share in the immediate forecast period
  • Food-grade IBC liners packaging to remain lucrative, non-alcoholic beverages to generate 17% revenue by 2020-end
  • By thickness, 50 to 100 micron IBC liners to hold dominant revenue share
  • Aseptic packaging likely to expand at nearly 6% CAGR through 2030
  • Liquid packaging solutions to emerge as a lucrative segment by content type

“Prominent manufacturers are foraying into emerging economies across the East & South Asian market so as to capture a wide consumer base, thereby accelerating growth prospects in the long-run,” comments the FMI analyst.

COVID-19 Impact Analysis

The COVID-19 pandemic has generated significant expansion avenues for the global packaging industries, with credible potential existing across the food & beverage, cosmetics and pharmaceuticals segments. As the world prepares for another incoming wave of infections, manufacturers are strengthening existing supply chains to mitigate any further recessionary impacts.

Furthermore, demand has surged across the food & beverage and pharmaceutical segments respectively. For instance, significant spike in sales of Remdesivir were recorded, attributed to the designation of the Emergency Use Authorization (EUA) status by the US FDA in the initial stages of the pandemic.

All these aforementioned trends have therefore enhanced the need to incorporate efficient packaging solutions, thereby broadening growth prospects for the IBC liners market.

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Competitive Landscape

Prominent players operating in the global IBC liners landscape include Amcor Plc, Sealed Air Corporation, Peak Packaging Ltd, Nittel GmbH & Co KG, Composite Containers LLC, Paper Systems Inc, Arena Products Inc., Brambles Industries Ltd., Hanlon Solutions Resource Inc. and CDF Corporation to name a few.

Manufacturers rely on strategic alliances, mergers & acquisitions, new product launches and expansion of geographical outreach to acquire a deeper customer base. Moreover, they are also furthering existing research capacities to incorporate novel technological advancements so as to offer enhanced packaging solutions.

Key Segments

Capacity

  • Up to 1,000 liters
  • 1,000 to 1,500 liters
  • Above 1,500 liters

Material Type

  • Polyethylene
  • LDPE
  • LLDPE
  • Polyamide (PA)
  • Polypropylene (PP)
  • EVOH
  • Aluminum Foil
  • Others (PVC, PET)

Thickness

  • Up to 50 micron
  • 50 to 100 micron
  • 100 to 150 micron
  • Above 150 micron

Content Type

  • Powder & Granules
  • Liquids

Filling Technology

  • Aseptic
  • Non-aseptic

End-use

  • Food
  • Edible Oil
  • Dry Food
  • Beverages
  • Alcoholic
  • Non-Alcoholic
  • Chemicals
  • Specialty
  • Commodity
  • Paints, Inks & Dyes
  • Agricultural
  • Pharmaceuticals
  • Biopharmaceuticals
  • Petroleum, Lubricants & Others

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia & Rest of Europe)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Indonesia, Malaysia & Rest of South Asia)
  • Middle East & Africa (GCC, Turkey, Northern Africa, South Africa & Rest of MEA)
  • Oceania (Australia & New Zealand)

More Insights on FMI’s IBC Liners Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global IBC liners market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the IBC liners market on the basis of capacity (up to 1,000 liters, 1,000-1,500 liters, and above 1,500 liters), material type (polyethylene, polyamide (PA), polypropylene (PP), EVOH, aluminum foil and others), thickness (up to 50 micron, 50 to 100 micron, 100 to 150 micron, and above 150 micron), content type (powder & granules and liquid), filling technology (aseptic and non-aseptic) and end-use (food, beverages, chemicals, paints, inks & dyes, agricultural, pharmaceuticals, biopharmaceuticals, and petroleum, lubricants & others) across seven prominent regions.

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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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Future Market Insights Inc.

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Paper Packaging Market Prospects and Growth Assessment 2028

The global paper packaging market is estimated to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

Future Market Insights suggests that the growing consumption of packaged food and consumer goods will boost the demand for paper packaging in the coming years. Suitability of corrugated boxes, cartons, and paper bags to pack a large variety of products from different end-use industries such as electrical & electronics, food & beverages, healthcare, homecare, building & construction, and tobacco, will create enormous growth opportunities in the global paper packaging market.

Considering the high-growth opportunities arising from the e-commerce industry and a large number of packaging applications of paper packaging formats, most of the manufacturers of paper packaging solutions in the developed, as well as in developing economies, are planning to expand their production capacities.

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The global paper packaging market is stipulated to witness a decent CAGR of 4.1% between 2022 and 2028, reaching US$ 463.3 Bn by the year 2028.The report includes a market research study on the global paper packaging market, which includes market assessment and trend analysis of different packaging types such as corrugated boxes, cartons, wrapping paper, inserts & dividers, bottle & cup carriers, cups & trays, clamshells, display packaging, bags & sacks, and tapes & labels.

Expanding Ecommerce Sector to Further Drive Paper Packaging Market 

Manufacturers are developing paper packaging formats that are biodegradable and eco-friendly. Many paper packaging experts and consumer product companies are focusing on green packaging. Modern retail penetration is expected to boost the demand for paper bags. Due to the demand for sustainable packaging, paper packaging manufacturers are increasingly using recyclable raw materials. Sustainable packaging plays a key role in maintaining the shelf life of the product along with decreasing the negative impact of plastic and chemical packaging on the environment.

Manufacturers and consumers are constantly looking for environmentally-friendly, sustainable, and easy-to-reuse packaging products. Lightweight paper packaging is captivating the attention of various industries through its numerous benefits. Many industries are witnessing advanced benefits with the adoption of lightweight paper packaging and several paper packaging format manufacturers are embracing it, as paper packaging can reduce energy and overall costs during production, as well as transportation, apart from its primary benefits such as lightweight and recycling efficiency.

Key Segments Covered In Paper Packaging Industry Research

Paper Packaging Market by Material Type:

  • Corrugated Board
  • Specialty Paper
  • Box-board/Carton Board
  • Kraft Papers
  • Molded Pulp

Paper Packaging Market by Packaging Type:

  • Corrugated Boxes
  • Cartons
  • Wrapping Paper
  • Bags & Sacks
  • Cups & Trays
  • Tapes & Labels
  • Others

Paper Packaging Market by Level of Packaging:

  • Primary
  • Secondary
  • Tertiary

Paper Packaging Market by End-use:

  • Food & Beverages
  • Tobacco
  • Healthcare
  • Personal Care & Cosmetics
  • Homecare & Toiletries
  • Electrical & Electronics
  • E-Commerce
  • Chemicals & Fertilizers
  • Other Industrial

Paper Packaging Market by Region:

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

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The paper packaging manufacturing process involves multiple stages, which range from designing, layout, die cutting, to waste recovery. The process requires machinery and equipment for emission control, cooking, pulp storage, and other such processes. Installation costs incurred by paper packaging manufacturers are quite significant and highly expensive. Moreover, the operation costs for running such paper packaging machinery and equipment are also considerably high, which continues to hamper the market growth, particularly in countries that are facing energy shortfall, such as Russia, Poland, and other countries in Europe.

The paper packaging market in the South Asian region is fragmented in nature with the presence of medium to large number of local players in the market. India represents the highest market value share in the South Asia paper packaging market and is expected to continue its dominance throughout the forecast period.

South Asia’s paper packaging market represents the highest CAGR in terms of value. The South Asia paper packaging market is expected to expand at a CAGR of 5.9% over the forecast period. Key players operating in the global paper packaging market include Smurfit Kappa Group Plc, Napco National Paper Products Company, Billerudkorsnas, International Paper Company, WestRock Company, Georgia Pacific LLC, Pratt Industries, Inc., DS Smith Packaging Limited, Stora Enso Oyj, and Mondi Group Plc among others, which have been covered in the strategic developments section of the report.

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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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Décor Paper Market Expected to Witness High Growth by 2027

Worldwide sales of décor paper are currently valued at US$ 4.6 Bn. Rising at a CAGR of 5.5% from 2022 to 2027, the global décor paper market is expected to attain a valuation of US$ 6 Bn by the end of 2027.Demand for décor paper accounts for 9% share of the global flexible paper packaging market. Home decorating paper is anticipated to see high demand, driving the overall home décor industry, as consumer preferences change across the world.

The US$ 6 billion décor paper market is likely to witness an uptick by 5.5% in 2027, according to a recent analytical study presented by Future Market Insights (FMI).

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What Opportunities Could Décor Paper Manufacturers Cash In On?

“Rapid Urbanization & Changing Consumer Preferences to Boost Demand for Furniture Decor Paper”

Urbanization has increased substantially across the world and this factor has had a substantial effect on sales of décor paper. Increasing demand for visually appealing products has been propelled by increasing urbanization and changing lifestyle trends on a global scale. Framed paper flower wall décor and home decorating paper is expected to see high demand as the population adopts a better and more luxurious lifestyle.

Increasing opportunities in the home décor industry have led to many new players entering the market to capitalize on these opportunities. Especially, demand from emerging economies such as India is expected to be notable.

  • For instance, in November 2021, Ekta Kapoor, an Indian television producer, partnered with Roposo to launch a new home décor brand named ‘EK’. The brand is focused on bringing Indian culture to all households and giving local artisans and craftsmen a platform to promote their work.

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Which Regional Markets Should Décor Paper Manufacturers Focus On?

“Increasing Per Capita Disposable Income to Propel Demand for Furniture Décor Paper in Asian Countries”

Décor paper market metrics for regions such as North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA) have been provided in detail in this updated FMI study.

Décor paper consumption in North America is expected to have a significant contribution to global market revenue. At present, the décor paper industry in North America holds a market share of 25.1% of the global industry landscape. Increasing demand for luxury furniture is expected to majorly influence market potential in the region.

Competitive Landscape

Décor paper manufacturers are investing in manufacturing products with better aesthetic qualities and textures to meet increasing demand from the luxury furniture industry. Décor paper companies are also focusing on mergers & acquisitions to bolster their market presence across regions.

  • In November 2020, Koehler Paper Group, a leading name in the specialty paper industry based in Germany, announced the acquisition of Beaver Paper & Graphic Media Inc. The acquired company is known for its sublimation media and its business is spread across 51 countries across the world.

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Key Segments Of Décor Paper Industry Survey

Décor Paper Market by Product Type :

  • Absorbent Kraft Paper
  • Print Base Paper
  • Other Decor Paper

Décor Paper Market by End Use :

  • Décor Paper for Furniture & Cabinets
  • Décor Paper for Flooring
  • Décor Paper for Panelling
  • Décor Paper for Store Fixtures

Décor Paper Market by Application :

  • Low-Pressure Laminates
  • High-Pressure Laminates
  • Edge Banding Paper

Décor Paper Market by Weight :

  • Décor Paper Less Than 65 GSM
  • Décor Paper 65-80 GSM
  • Décor Paper 81-100 GSM
  • Décor Paper Above 100 GSM

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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.

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

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Flexible Plastic Packaging Market Is Set to Experience Revolutionary Growth by 2031

Driven by moving buyer inclination from customary packaging items to stand-up pockets and re-closable packaging, the flexible plastic packaging market is estimate to arrive at valuation of US$ 98 Billion toward the finish of 2021, tracks down Future Market Insights (FMI) in a review

The flexible plastic packaging market with its material portion, item fragment, and packaging section will produce deals of over 33.6 million tons in 2021, as per the yearly market examination led by Future Market Insights.

Rising urbanization and occupied way of life have energized the interest for helpful and quick food sources, consequently prompting expansion sought after for flexible packaging. These packaging arrangements are liked over hard packaging as they require less energy for creation, consume restricted assets, promptly accessible and are helpful to store and utilize.

Customers are moving towards purchasing bundled and handled food things as opposed to utilizing conventional way to deal with planning feasts in this manner helping the interest for flexible plastic packaging.

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The Natural Resources Defense Council announced that Americans squander in excess of 400 pounds of food for each individual consistently. The squandered food brings about creating contamination identical to 37 million vehicles each year.

Flexible plastic packaging is arising as a critical answer for stay away from food wastage as it further develops timeframe of realistic usability of the item as well as makes high hindrance lessening the tainting of food. This strategy decreases the putting away and transporting costs. These variables will decidedly impact the deals of flexible plastic packaging.

Expanding government financing towards creating bio-plastics and further developing the reusing framework for effective handling along developing mindfulness among shoppers in regards to the utilization of manageable packaging will help the flexible plastic packaging market development in impending years.

Flexible plastics packaging is supplanting unbending packaging attributable to its most noteworthy manageability advantages and Superior quality to give on the way security to items. Expanding center by market players around changing over old packaging into new packaging designs, or a large group of different items will set out open doors for market development over the figure period

Key Takeaways from FMI’s Flexible Plastic Packaging Market Study

  • North America flexible plastic packaging market will grow at 3.0% CAGR during the assessment period owing to thriving e-commerce industry and increasing demand for convenient packaging solutions from restaurants and food services.
  • Europe market will exhibit a growth rate of 2.6% CAGR from 2021 to 2031, driven by increasing research on developing flexible bio-plastics and elevated export and production of flexible plastic packaging in the region.
  • Japan will hold more than 14% of the East Asia market in 2021, backed by increasing development in recycling infrastructure and limited usage of non-biodegradable plastics in the country.
  • Polylactic acid (PLA) bioplastics are gaining traction owing to their superior durability, recyclability and lightweight nature. The segment is predicted to expand by 1.11x of its current valuation over the assessment period.
  • General barrier packaging will account for more than 80% of the global market share by the end of 2031. Increasing demand for safe and sterile packaging options for packing vegetables and fruits will be the key growth driver.

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“Rising usage of flexible plastic packaging in online retail and e-commerce industry and increasing consumer reliance on online delivery of essential products especially during pandemic will drive the flexible plastic packaging market growth over the forecast period,” says the FMI analyst.

Competitive Landscape

Leading market players are focusing on new product development to expand their product portfolio and penetrate new markets. They are also working towards devising new methods for sustainable packaging to gain the competitive edge in flexible plastic packaging market.

For instance, in 2021, ThyssenKrupp’s plant engineering business won another order to construct a new bioplastics plant in South China. The plant will be based on patented PLAneo technology and is predicted to produce 30,000 tons of polylactide (PLA) annually.

In January 2021, Yum China which holds mahor stakes in leading fast food joints in China launched plastic reduction and sustainable packaging initiatives and aims to 30% reduction non-degradable plastic packaging weight in next five years.

Prominent players operating in the flexible plastic packaging market are:-

  • Amcor Plc
  • Sealed Air Corporation
  • Berry Global Inc
  • Winpak Ltd.
  • Sonoco Products Company

More Insights On The Global Flexible Plastic Packaging Market

In its latest report, FMI offers an unbiased analysis of the global flexible plastic packaging market, providing historical data for the period of 2018-2028 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 material type (oil base polymers and bio-plastics), product type (pouches, bags & sacks, tubes, sleeve labels, and films & wraps), packaging type (VSP (vacuum skin packaging), MAP (modified atmospheric packaging), and general barrier), end use (food, beverages, personal care, homecare, pharmaceuticals, industrial packaging, and others), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).

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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.

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

Website: https://www.futuremarketinsights.com

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