Barcodes are projected to be the largest market segment of the inventory tags market during the forecast period

The inventory tags market size is projected to grow from USD 4.08 Billion in 2016, to reach USD 5.07 Billion by 2021, at a CAGR of 4.43%. The segments considered for this report are based on printing technology, label type, technology, end-use sector, and region. The segmentation based on technology consists of barcodes, RFID, and others. Label types include plastic labels, paper labels, metal labels, and others. The end-use sectors include the industrial, retail, and logistics & transportation sectors. On the basis of region, the report is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). 

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Track & trace and authentication technologies such as barcodes and RFID are some of the technologies used by companies to track their inventory. Barcode technologies are the most conventional and prominent technologies used in the inventory tags market. This segment dominated the inventory tags market in 2015, and this trend is projected to continue through 2021. In current economic conditions, retailers and manufacturers recognize that additional investments in loss prevention is necessary to combat the increasing level of inventory loss due to theft and counterfeiting. Logistics & transportation companies also benefit by using track & trace technologies as they can locate the package at any point during the delivery process. Track & trace technologies such as RFIDs and barcodes help in identifying the product as well as help in tracing the product across the supply chain.

The inventory tags market is projected to witness significant growth in the future with the increasing popularity of the benefits of authentication technologies and the need for track & trace technologies, which are embedded in packaging. Developing markets such as China, Brazil, and India are emerging as growth frontiers for the inventory tags market. Growing economies, globalization, and reduced trade barriers act as the main drivers for increased opportunities in these countries.

Zebra Technologies Corporation (U.S.) has maintained its leadership position through its strong distribution network across Asia Pacific, Europe, and the Americas. The company has adopted mergers and acquisitions as its key strategies to capture the market. In October 2014, Zebra Technologies Corporation acquired the enterprise business of Motorola Solutions, Inc. (U.S.) which strengthened Zebra’s product portfolio, geographic reach, go-to-market channels, and industries served. The company plans to enter into new and emerging markets given its stable financial position and a strong customer base.

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Specialty Paper Market by Application (Building & Construction, Industrial, Packaging & Labeling, and Printing & Writing)- Global Trends & Forecasts to 2020

The specialty paper market, in terms of volume, is projected to reach 34,879.08 KT by 2020, growing at a CAGR of around 6.59%. Specialty papers are special grades of paper which are possess of specific characteristics and properties  designed for specific end use. The raw material used for specialty paper are pulp (from wood chips, recycled paper, wood pulp, and cotton fiber), which is fed into the paper-making machine; after that, the paper is coated with specialty chemicals for preparing it for a specific use. Specialty paper has emerged as a lucrative segment for the paper industry. From paper currency to coffee filters, décor papers, insulation paper, and carbonless copy paper, they are present in the daily lives of consumers.

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Specilaty paper is one of the most important segment of paper and play a very significiant role for the industries such as packaging, printing, construction and labeling. Specialty paper is manufactured and sometimes, normal paper converted into special paper with use of chemicals. The specialty paper is in specific grades and is intended to use for special purpose. Specialty paper are gaining significance due to increasing end-use application and improving lifestyle and economy in countries such as India, China, Japan, Brazil, and Argentina.

The specialty paper industry is witnessing growth due to increasing consumer demand for high-quality products in sectors providing food & beverages, cosmetics, and lifestyle products. The packaging paper required for these products needs to possess specific properties related to moisture retentions, hygiene, durability, and pH levels. The specialty paper market is mainly driven by the packaging & labeling application.

The printing application of specialty paper is affected by the increasing digitization; however, specialty grades required for printing currency notes and specialty bond papers is witnessing demand. The market dynamics for specialty paper are complex and are changing with time.

Factors such as improving economic condition in countries and increasing end-use applications are the major drivers of the specialty paper market. Specialty papers are one of the special grades of paper, which have specific characteristics and properties and are designed for some particular end use. Specialty paper is segmented on the basis of type into decor paper, release liner paper, packaging paper, and printing paper. In terms of application, the market for specialty paper is classified into building & construction, industrial, packaging & labeling, printing & writing, and others (medical application, automobile filter application, and banking application). Packaging & labeling dominated the specialty paper market, having contributed around ~46% share.

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The Growth of Blister Packaging Was Largely Influenced by Acquisitions, Expansions, New Product Launches, and Agreements & Collaborations in the Past Five Years

The blister packaging market is growing rapidly in accordance with the growth in the packaging market, globally. Factors such as cost-effectiveness and growth in demand for food packaging products have largely contributed to the growth of the blister packaging market. The blister packaging market is classified on the basis of technology, type, material, end-use sector, and region. It has experienced continuous progress with regard to technological advances and innovations in the packaging industry. According to MarketsandMarkets, the global market for blister packaging, in terms of value, is projected to reach USD 28.38 Billion by 2022, at a CAGR of 7.2%.

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The growth of blister packaging was largely influenced by acquisitions, expansions, new product launches, and agreements & collaborations in the past five years. The years 2011–2016 experienced a large number of acquisitions adopted by top players in the market. Expansions also formed an essential part of their strategies, which led to the flow of considerable income within the company. New product launches and agreements & collaborations also formed an essential part of their strategies, which led to their growth in emerging markets. The major players include companies such as Amcor Limited (Australia), Bemis Company, Inc. (U.S.), The Dow Chemical Company (U.S.), WestRock Company (U.S.), and Sonoco Products Company (U.S.). The other prominent players in the market include Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), Tekni-Plex, Inc. (U.S.), Pharma Packaging Solutions (U.S.), and Display Pack, Inc. (U.S.).

Amcor Limited (Australia) held the leading position in the global blister packaging market in 2015. The company has maintained its leadership position through its strong distribution network across

Asia-Pacific, Europe, the Americas, and emerging markets. Amcor Limited is among the leading manufacturers of blister packaging for many of the markets it serves. It has adopted acquisition as its key strategy to capture the market. In October 2015, Amcor’s Rigid Plastics Business Group acquired Encon’s (U.S.) preform manufacturing business for USD 55 million. The acquisition strengthened the company’s position in the U.S. and enhanced the overall product portfolio in a variety of segments such as food & beverages and household.

Bemis Company, Inc. (U.S.) is a global provider of flexible packaging solutions. The company innovates and offers blister packaging solutions for various applications. Bemis Company adopted acquisitions as its key strategy to gain a competitive advantage in the market. In December 2015, Bemis Company acquired Emplal Participações S.A. (Brazil), a manufacturer of rigid plastics for food and consumption applications. The acquisition enhanced the company’s position in Latin America and strengthened its product portfolio.

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Blister Packaging Market by Material (Paper & Paperboard, Plastic, Aluminum), Type (Carded, Clamshell), Technology (Thermoforming, Cold Forming), End-use Sector (Healthcare, Consumer, Industrial Goods), and Region – Global Forecast to 2022