Wednesday 24 July 2019

The food & beverage industry is estimated to play a key role in the antimicrobial packaging market

MarketsandMarkets projects that the global antimicrobial packaging market size will grow from USD 7.28 billion in 2015 to USD 10.00 billion by 2021, at a CAGR of 5.54%. Antimicrobial packaging solutions are used in food & beverages, healthcare, personal care, consumer durables, and agricultural goods industries. Food & beverages leads the market with the highest CAGR. The reason this segment leads the market is because food & beverage products are perishable and have a very less shelf life. Apart from this, consumers are also concerned about their health and the hazards that food contamination can have on them. Thus, as antimicrobial packaging solutions have properties that improve the shelf life of the products without compromising on quality standards, it has become the most sort-after packaging solution for food & beverage products.
The controlled release packaging technology is projected to grow the fastest during the forecast period.
There are two types of antimicrobial packaging technologies, namely, controlled release packaging and active packaging. Out of this, the controlled release packaging technology segment is projected to be the fastest-growing technology from 2016 to 2021. Controlled release packaging utilizes packaging as a delivery vehicle to efficiently bring the actives in specifically controlled rates over prolonged periods to the product to further improve its quality and safety.
Pouches as a pack type is projected to grow at the fastest rate from 2016 to 2021
The pack type segment has various types such as pouches, bags, trays, carton packages, cups & lids, cans, and blister packs. The pouches market is projected to witness the highest growth rate during the forecast period as they can be used for various applications. They can efficiently be used by the food & beverages, personal care, healthcare, and other application industries to package their products.
Bacteriocins as an antimicrobial agent is expected to grow at the fastest rate from 2016 to 2021
There are various types of antimicrobial agents that are widely used such as organic acids, bacteriocins, enzymes, essential oils, metal ions & oxidizers, gas, fungicides, natural extracts, and antibiotics. Bacteriocins is projected to lead the market with the highest growth rate as they have been considered to have very good antimicrobial characteristics.
Asia-Pacific region is expected to grow at the fastest rate from 2016 to 2021
The global markets are projected to witness high growth based on the growing demand from end-user industries such as food & beverage. This growth would be driven by the Asia-Pacific markets which would witness the highest growth during the forecast period. High growth potential in the emerging markets of Asia-Pacific such as China and India is expected to provide new growth opportunities to players in the antimicrobial packaging market. In 2015, Asia-Pacific accounted for the largest share in the global antimicrobial packaging market, by volume, with China being the fastest-growing market in this region. This was followed by North America, Europe, and Rest of the World.

Wednesday 17 July 2019

Market Leader: Cosmetic Packaging Market

The cosmetic packaging & machinery market is emerging with a positive growth due to the rising demand for cosmetic products. There is a continuous need of innovation in the cosmetic packaging & machinery industry to gain a competitive edge over the other players. There is no other substitute to packaging, so more innovation and creative designs are required for cosmetic packaging, and high-tech machines are required to implement and realize the creative and convenient designs. Therefore, all the key companies have their own research and development departments to provide new and innovative packaging to their customers.
The rising concern of people about their appearance is promoting the cosmetic industry. The rising demand for good and luxurious products is garnering the cosmetic packaging and cosmetic packaging machinery market. Consumers are also concerned about the packaging that has promoted various regulations in different regions. In order to achieve this hike, innovations are being done to meet the consumer needs. The demand for plastic as a material is also gaining hold in this industry.
The Asia-Pacific market has tremendous opportunities for cosmetic packaging and machinery market. This region has emerged to be the driving factor for cosmetic packaging market, contributing to around 24% of the global demand. China is the market leader in the Asia-Pacific region due to the urbanization, and changing consumer taste and preferences. The other emerging economies such as Brazil, India, etc. are further lined up for future growth in this market. Companies such as HCP Packaging are investing in new product launches and creative designs to get a competitive edge over others. The cosmetic packaging equipment manufacturing companies are preferring expansion as the development strategy. Marchesini Group (Italy) opened a new facility in Italy that is dedicated to complete packaging lines.
Through the organic growth strategies such as expansions and new product developments, the companies are expanding worldwide. The companies operating in this market such as Amcor Ltd. (Australia), HCP Packaging (China), Bosch Packaging Technology (Germany), and Marchesini Group (Italy), are engaged in the innovation of their products and enhancing their penetration in the cosmetic packaging & machinery market.
Related Reports:
Cosmetic Packaging Market by Type, Material (Plastic, Glass, Metal, Paper), Application (Hair Care, Nail Care, Skin Care, Make-Up) & by Packaging Machinery (Filling, Unscrambler, Sealing, Conveyor) & Geography – Global Trend & Forecast 2018.
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Monday 15 July 2019

Warning/security type of labels gain maximum traction in Industrial Labels Market

Warning/security labels held the largest market share in Industrial Labels Market, in terms of value. It is projected to grow at the highest CAGR. Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at the manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.
MarketsandMarkets projects that the industrial labels market will grow from USD 43.04 Billion in 2016 to USD 55.95 Billion by 2021, at an estimated CAGR of 5.39%. The market is growing due to growth in end-use industries such as construction, aerospace & defense, automotive, consumer durables, transportation & logistics, and many more. Along with the same, rise in demand of sustainable & recyclable labeling & packaging material has fueled the market for industrial labels. Emerging economies such as India, South Africa, Brazil, and oil-centric GCC (Gulf Cooperation Countries) possess a great potential for the industrial label market.
In terms of region, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The Asia-Pacific region is projected to grow at the highest CAGR among all the regions by 2021. This is mainly due to emerging economies in China, Southeast countries and India; urbanization; industrialization; and excellent PEST (political, economic, social, and technological) conditions.

The laser engraving labels segment in the industrial labels market has high growth as these are applicable on almost any type of materials such a platinum, silver, brass, gold, stainless steel, carbide, copper, titanium, and plastics with a variety of advantages.
The key players considered are:
  • E. I. du Pont de Nemours and Company (DuPont) (U.S.)
  • CCL Industries Inc. (Canada)
  • Avery Dennison Corporation (U.S.)
  • Brady Corporation (U.S.)
  • Cenveo Corporation (U.S.)
  • DUNMORE (U.S.)
  • Henkel AG & Co. KGaA (Germany)
  • H.B. Fuller (U.S.)
  • 3M (U.S.)
  • Fuji Seal International, Inc. (Japan)
To know about the assumptions considered for the study, download the pdf brochure

Tuesday 9 July 2019

Amcor Limited (Australia) and Sonoco Products (U.S.) are the Top Players in the blister packaging Market

MarketsandMarkets projects the global blister packaging market to grow from USD 11.94 billion in 2015 to USD 18.25 billion by 2022, at a CAGR of 6.25% from 2015 to 2022. As the application of blister packaging in the healthcare industry is growing day by day, the blister packaging market is also projected to grow at a healthy rate. Blister packaging is used in applications such as food products, toys & related goods, cosmetics & toiletries, electrical components, motor vehicle/spare parts, consumer electronics, pharmaceutical, and medical products.
The blister packaging market is segmented on the basis of material, technology, heat seal coating, application, and region. The market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The Europe region held the largest share among all the regions in 2014. This is mainly due to rising aging population and increasing manufacturing activities, coupled with growing applications of blister packaging in the healthcare industry.
The key players in the blister packaging are 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 are Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), Tekni-Plex, Inc. (U.S.), Pharma Packaging Solutions (U.S.), and Display Pack, Inc. (U.S.). These players have adopted various strategies to expand their global presence and increase their market shares. Partnerships, agreements, joint ventures, acquisitions, expansions, and new product launches are some of the major strategies adopted by the players to achieve growth in the blister packaging market.
Amcor Limited is a global packaging manufacturer that offers innovative packaging solutions. It offers plastic, packaging film, metal, and glass packaging for several industries such as beverage, food, medical, household, industrial goods, pharmaceuticals, and tobacco. The key strategy of Amcor Limited is the focus on geographic expansion through the acquisition of various packaging units in different regions for various segments such as food, beverages, and pharmaceutical. The company has adopted acquisitions as its key strategy from 2011 to 2015. It acquired companies such as Nampak Flexibles (Australia), Zhongshan Tian Cai (China) Detmold Flexibles (Australia), Jiangsu Shenda Group (China), and Aperio Group (U.S.) during the period 2011 to 2015.
Sonoco Products Company is a global provider of innovative and sustainable packaging solutions. The company has more than 335 operations in 33 countries across North America, Europe, and Asia-Pacific. It serves a variety of industries such as automotive, pharmaceuticals, and shopping goods. The business segments of the company include Consumer Packaging, Display & Packaging, Paper & Industrial Converted Products, and Protective Solutions. It provides plastic, rigid paper, and flexible packaging. The company has opted organic and inorganic growth strategies to capture the market.  In March 2015, the company signed an agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A (Brazil).
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DS Smith (UK), Smurfit Kappa (Ireland) and CCL Industries Inc. (Canada) are leading players in Digital Printing Packaging Market

The global digital printing packaging market size is projected to grow from USD 29.4 billion in 2022 to USD 45.1 billion by 2027, at a CAGR...