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 of 8.9% from 2022 to 2027. The growth of the digital printing packaging market is because of its ability to offer aesthetic appeal to packed products as most purchasing decisions are made at the point of sale. The usage of digital printing in packaging is growing, and the need to reduce the cost of printing without compromising the quality of the image will drive the market for digital printing. In 2020, the digital printing packaging market had a nominal impact on its demand due to COVID-19. Slowing raw material production, supply chain disruption, hampered trade movements, declining construction demand, and reduced demand for new projects also have hampered market growth.

The digital printing packaging market has major players including DS Smith (UK), Smurfit Kappa (Ireland), CCL Industries Inc. (Canada), Quad/Graphics Inc. (US), and Printpack (US)., among others. These players have adopted various growth strategies, such as mergers & acquisitions to increase their market shares and enhance their product portfolios.

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DS Smith is a global leader in customer-specific packaging with an emphasis on cutting-edge packaging design and local service close to customer facilities. DS Smith meets every market requirement with a product portfolio that includes transit packaging, consumer packaging, displays and promotional packaging, customized protective packaging, and industrial packaging. The company offers packaging solutions, paper products, and recycling services for industries such as food & drink, consumer goods, industrial, e-commerce & e-retail, and converters. DS Smith operates in over 30 countries. It offers packaging solutions in North America, Europe, and Asia Pacific. The company follows a circular business model.

Smurfit Kappa is Europe’s leading manufacturer of corrugated packaging, containerboard, and bag in box. It is the only pan-South American manufacturer of corrugated and containerboard packaging. The company operates in 36 countries, has 242 packaging conversion plants, 34 paper mills, 46 recycling plants and wood procurement, and 34 other production facilities. It provides packaging of 11.7 billion m2 per year. Smurfit Kappa has 350 production sites worldwide, with locations in 23 European countries and 13 American countries. Smurfit Kappa is a member of the FTSE 100.

CCL Industries is the worlds largest label company and a global specialty packaging pioneer. The company has 204 manufacturing facilities across 43 countries on six continents. CCL is the worlds largest converter of pressure-sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications for government institutions and large global customers in the consumer packaging, healthcare and chemicals, consumer electronic devices, and automotive markets. Extruded and laminated plastic tubes, aluminum aerosols and specialty bottles, folded instructional leaflets, precision decorated and die cut components, electronic displays, polymer bank note substrates, and other complementary products and services are sold concurrently to specific end-use markets.

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COVID-19 impact on the Global Aerosol Cans Market

The global aerosol cans market size is projected to grow from USD 10.2 billion in 2021 to USD 12.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast year. Aerosol can is a self-dispensing pressurized packaging form, with a permanently attached continuous or metering valve that dispenses the required product formulation in the form of aerosol sprays, streams, gels, foams, lotions or gases, as the contents are introduced and contained in the cans under high pressure and are released with the help of a valve that forces them out through a small orifice.

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The manufacturing of aerosol cans was stopped because of the sudden lockdown imposed in the countries causing the shutdown of manufacturing facilities along with their operations. Expect for healthcare, majority of the aerosol can products fall under the catehorgy of non-essential products except for healthcare. As an implication to this the companies had to stop the production of aerosol cans. Companies shifted their focus to the production of facemasks, sanitizer bottles, and other essential products to recover the losses incurred due to the worldwide pandemic. As the lockdown restrictions were lifted, companies resumed their manufacturing operations. They introduced and initiated the production of small-sized aerosol cans, compared to the average size of the aerosol cans. This change in the idea arised due to the prevalent uncertainty of the pandemic in the minds of the customers. Customers are willingly investing in the same for immediate and short-time use, thus reducing the average can size. The resson being that most of the aerosol cans packaged products fall under the non-essential category.

Beauty spa, saloon, personal care parlor, and others are posing a reduced demand of personal care products. However, the demand has increased at homes. There has been an increase in the usage of personal care products at homes. This has eventually increased the demand for aerosol cans. A similar consumer behaviors has been encountered in the case of users of household care and automotive products, across the world. The leverage of having spare time is enabling people to involve themselves in taking care of their house along with their vehicles by themselves. The third-party service providers are witnessing a decrease in demands for aerosol can packed products in household care and automotive. However, the above described commutative increase in demand for aerosol cans is considerably low to fill the reduced demand gap which has arised due to the pandemic. Healthcare aerosol can products are included into the essential products category, and hence, their demand has been witnessing an increase, as compared to the other aerosol can products (such as personal care, household, and automotive).

APAC is the fastest-growing market for aerosol cans market.

APAC is projected to be the fastest growing market for aerosol cans during the forecast period and is projected to register the highest CAGR among all the regions. The growth in aerosol cans market in APAC region is attributed to increasing disposable income in the developing economies such as China and India. Key factors such as industrialization, growth of the convenience food industry, rise in manufacturing activities, increase in disposable income, rise in consumption level, and the growth in retail sales have contributed to the growth of the aerosol cans market during the forecast period in the region. Moreover, the spending on packed food and beauty care has increased, which is driving the demand for aerosol cans in the region.

Ball Corporation (US), Trivium Packaging (US), Crown (US), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), Nampak Ltd. (South Africa) CCL Container (US), Colep (Portugal), CPMC Holdings Ltd. (China), Guangdong Sihai Iron-Printing and Tin-Making Co.,Ltd. (China), and others are the key players operating in the aerosol cans market.

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Industrial Labels Market worth 55.95 Billion USD by 2021, at a CAGR of 5.39%

 The Industrial Labels market for industrial labels is projected to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The market for industrial labels is growing due to increasing demand in end-use industries such as construction, automotive, consumer durables, transportation & logistics, and aerospace & defense.

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Warning/security labels type gain maximum traction during the forecast period

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.

Transportation & logistics segment is projected to grow at the fastest rate during the forecast period

The industrial labels market is segmented on the basis of end-use industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry, and governments’ initiatives to propel FDI have encouraged the industrial labels market to grow.

Asia-Pacific to play a key role in the market for industrial labels

On the basis of key regions, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The low labor costs, excellent industrialization, a huge scope for FDI, emerging economic conditions, stable government scenarios, and an excellent hold on industries such as construction, automotive, consumer durables, logistics, marine, and aerospace have played a crucial role in the growth of the market for industrial labels in the Asia-Pacific region.

The key players considered in the report 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)

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The Biodegradable Mulch Films Market is Diversified and Competitive, with a Large Number of Players

Mulching is a technique used to cover the soil surface around crops to create optimum conditions for crop growth. The usage of biodegradable mulch films is an eco-friendly mulching technique to carry out controlled agriculture on limited arable land, with limited irrigation. With the ability to self-degrade at the end of the cycle, it avoids the removal and disposal of plastic. Biodegradable mulch films, without having any adverse impact on the environment, assist in improving crop quality and enhancing agricultural productivity by minimizing soil erosion, providing nutrients, increasing soil temperature, and suppressing the growth of weeds. MarketsandMarkets projects the global biodegradable mulch films market size to grow from USD 35.76 Million in 2016 to USD 52.43 Million by 2021, at a CAGR of 7.95% . The need to increase agricultural production by eco-friendly means is boosting the demand for biodegradable mulch films.

The biodegradable mulch films market is diversified and competitive, with a large number of players. The key players in this market include BASF SE (Germany), Kingfa Sci & Tech Co Ltd (China), BioBag International AS (Norway), AEP Industries Inc. (U.S.), and RKW SE (Germany), while other players include British Polythene Industries PLC (U.K.), Armando Alvarez (Spain), Al-Pack Enterprises Ltd. (Canada), Novamont S.Pa. (Italy), and AB Rani Plast OY (Finland). These players have adopted various strategies to expand their global presence and increase their market share. Expansions, agreements, joint ventures, mergers & acquisitions, and new product launches & technological advancements are some of the major strategies adopted by the market players to achieve growth in the biodegradable mulch films market.

The major players in the biodegradable mulch films market had done expansions, launched new products and offerings, and brought technological advancements to strengthen their product portfolio and to expand their offerings to newer clients. BASF SE (Germany) has gained market prominence through its biodegradable mulch films ECOVIO and ECOFLEX. The company strengthened its product portfolio through the inclusion of ECOVIO F MULCH.  It also expanded geographically in emerging economies like China by providing biodegradable mulch films for agricultural land for the production of crops such as corn, tomatoes, and potatoes. Furthermore, the company increased the production of ECOFLEX through a new production site in Germany, which also helped the company to expand its biodegradable mulch film market.

Kingfa Sci & Tech Co Ltd (China) launched 30,000 metric tons of capacity of biodegradable EcoPond-branded polylactic acid/polybutylene succinic polymer, which helped it to develop a leading position in the market. Novamont S.Pa. (Italy) introduced Mater-Bi agricultural mulching films for strawberries. These mulch films are biodegradable in the soil and ensure mulching over the crop cycle. This launch has helped the company in catering the demand of its large eco-friendly customer base.

BASF SE (Germany) started operations in its new plant which increased the production of its biodegradable plastic, Ecoflex. This new expansion helped the company to increase its production capacity and maintain its market position. Kingfa Sci & Tech Co Ltd (China) launched a plant in Tianjin in north China that has an annual capacity of 100,000 metric tons and designed the total capacity of 400,000 metric tons. Another new plant in Kunshan in east China is nearing its completion and performing test runs. It has a designed capacity of 400,000 metric tons. The key players also adopted the strategy for mergers & acquisitions to increase their geographic presence and expand their product portfolio to untapped markets. RKW Group (Germany) acquired Biofol Film GmbH (Germany), a manufacturer of films for gardening and agriculture applications. The acquisition helped the company to increase and strengthen its product portfolio in the agricultural sector that also leads to growth opportunity for the biodegradable mulch film segment.
The biodegradable mulch films market traditionally brought innovations in raw materials used to ensure effective functioning of biodegradable mulch films. It is keeping pace with technological advances seen in the agriculture industry and is poised to attain economic and technological expansions in the near future.

Related Reports:
Biodegradable Mulch Film Market by Biodegradable Plastic (TPS, AAC, Controlled Degradable Masterbatches), by Type (Starch, Starch Blended With PLA, Starch Blended With PHA), by Crop Type (Fruits & Veg, Grains, Plants) & by Region - Global Forecast to 2021

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Digital printing is projected to be the fastest-growing segment of the inventory tags market

The inventory tags market, by printing technology, is classified into nine segments, namely, digital printing, flexographic printing, gravure printing, thermal printing, screen printing, lithography, offset, and letterpress. The digital printing segment accounted for the largest market share with its numerous benefits such as high-quality, cost-effective solution for manufacturing well-designed inventory tags with recycling options. Digital printing also uses ink-jet printing to print images.

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Inventory tags market size is expected to grow from USD 4.08 Billion in 2016 to reach USD 5.07 Billion by 2021, at an estimated CAGR of 4.43%. Increasing awareness toward protection against theft, loss, and counterfeiting; scope for technology integration; identification of products without human intervention or need of line-of-sight; and adoptions of real time tracking systems are some of the factors that contribute to the growth in the demand for inventory tags in packaging. Additionally, strict laws pertaining to counterfeiting activities, need for efficient use of supply chain, and availability of cost-efficient counterfeiting technologies have propelled packaging companies to opt for inventory tags technologies, which enabled cost savings.

Authentication technologies such as barcodes, RFIDs, and security inks & dyes are used by companies to protect their brand image. The use of authentication technologies in the industrial sector is projected to grow at the highest CAGR during the forecast period. 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. Zebra Technologies Corporation has strengthened its position as a leading provider of visibility solutions across the world. 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.

The Growth of the Smart Labels Market was Largely Influenced by new Product Launches in the Past Years

The growth in the smart labels market is supported by the growing parent industries such retail, healthcare, logistics, and automotive in both developed and developing countries as well as increasing need for the automated ways of labelling which are responsible for both safety & security and to provide information related to end-products.

The key players in the market for smart labels market are CCL Industries, Inc. (U.S.), Checkpoint Systems, Inc. (U.S.), Avery Dennison Corporation (U.S.), Sato Holdings Corporation (Japan), and Zebra Technologies Corporation (U.S.). The other notable players in the market are Muhlbauer Holding Ag & Co. Kgaa (Germany), Smartrac N.V. (The Netherlands), Ask S. A. (France), Graphic Label, Inc. (U.S.), Thin Film Electronics ASA (Norway), and Willian Frick & Company (U.S.). These players have adopted various strategies to expand their global presence and increase their market share. Agreements & partnerships, acquisitions, investments & expansions, and new product launches are some of the major strategies adopted by the market players to achieve growth in the smart labels market.

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The growth of the smart labels market was largely influenced by new product launches in the past years. The year 2014 experienced a large number of investment strategies being used by top players in the market. Agreements & partnership, new product launches, and investments & expansions formed an essential part of their strategies, which led to the flow of considerable income within the company. To maintain the competitive advantages on the competitors, top players emphasized on new product launches. Along with the same, top players focused on signing agreements & partnership with others to expand the business operations.

New product launches were the major strategy adopted by most of the players in smart labels market. Companies adopted this strategy to increase the reach of their offerings, improve their production capacity, and focus on core operations. Companies aim to serve the market efficiently by investing in manufacturing facilities and acquiring distribution centers in the fast-growing regions. As a result of the same, Checkpoint System Inc. (U.S.), Smartrac N.V. (The Netherlands), and Sato Holdings Corporation (Japan) emphasized on launching new products to increase their product portfolios.

Checkpoint Systems, Inc. operates through three business segments, namely, merchandise availability solutions, apparel labelling solutions, and retail merchandising solutions. The merchandise availability solutions segment provides electronic article surveillance (EAS) systems, including antennas and deactivation units. The EAS consumables include alpha solutions, store security system installations, monitoring solutions (CheckView), radio frequency identification (RFID) systems, software, tags, and labels. The retail merchandising solutions segment includes hand-held label applicators and tags, promotional displays, and queuing systems. From 2011 to 2016, the company emphasized on new product launches to expand the product portfolio. The company launched 16 new products, and along with the same the company also signed agreements & partnership with different companies to expand their business operations in regions.

SMARTRAC N.V. was established in 2000. It is headquartered in Amsterdam, The Netherlands. The company produces inlays and other radio-frequency identification (RFID) components, which help to quickly and securely transmit and read data encrypted in access control, credit, ID, e-passport, and mass transport cards. SMARTRAC supplies its components to customers such as Gemalto (The Netherlands), Infineon (Germany), and Texas Instruments (U.S.), and delivers inlays to a majority of the world’s e-passport programs. The company caters its services to a number of different industries such as animal identification, healthcare, public transportation, supply chain & asset tracking management, electronic, automotive, and retail. From 2011 to 2016, the company launched 10 new products to increase their product portfolio and customer base. The company also signed six agreements with different companies in both developed and developing countries such as Finland, the U.S., Argentina, and South Korea.

Related Reports:

Smart Labels Market by Technology (EAS, RFID, Sensing, ESL, NFC tags), Components (Batteries, Transceivers, Microprocessors, Others), Application (Retail Inventory, Perishable Goods, Electronic & IT asset, Others), End-use Industry – Forecast to 2021

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.

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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.

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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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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.

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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)

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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