Growing Use in Plastic Additive Application dominating Antimony Market

The growth of the antimony market can be attributed to the increasing use of antimony in the chemical industry. In the chemical industry, antimony is prominently used in flame synergist, catalyst, and stabilizer. The automotive industry is the second-largest end-use industry of antimony. Antimony is used in lead acid batteries in the automotive sector.

APAC is the largest market for antimony. The market in the region is driven by the high demand in flame retardant, plastic additives, and automotive lead acid batteries applications. In APAC, China, Australia, Tajikistan, and Myanmar are the major producers of antimony. The largest reserves of antimony are found in China. The antimony market size is projected to reach USD 2.37 billion by 2023, at a CAGR of 6.0% between 2018 and 2023.

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Antimony trioxide is estimated to dominate the overall antimony market between 2018 and 2023. Antimony trioxide is the most common and important form of the antimony compounds and is primarily used in flame retardant applications. It is also used as catalyst and stabilizer in PET and polyvinylchloride (PVC) production, respectively.

Key Drivers:

·         Increasing Fire Safety Regulations

·         Growing Use in Plastic Additive Application

Opportunities:

·         Exploration of Newly Discovered Antimony Reserves

·         Recycling of Antimony

Target Audience:

·         Manufacturers of antimony

·         Suppliers of raw materials

·         Distributors and suppliers of antimony

·         End-use industries

·         Industry associations

Antimony Market, by Application:

·         Flame retardant

·         Plastic additives

·         Lead acid batteries

·         Glass & ceramics

·         Others

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Based on end-use industry, the antimony market has been segmented into chemical, automotive, electrical & electronics, and others. The chemical industry dominates the overall antimony market. In the chemical industry, antimony is prominently used as flame synergist, catalyst, and stabilizer.

Based on application, the antimony market has been classified into flame retardants, lead acid batteries, plastic additives, refining agent, and others. Flame retardant and plastic additives applications together account for 81%, in terms of volume, share of the overall market in 2017.

AMG Advanced Metallurgical Group (Netherland), Mandalay Resources (Canada), United States Antimony Corporation (USAC) (US), Korea Zinc (South Korea), Recyclex (France), Nihon Seiko (Japan), Umicore (France), and Hunan ZhongNan Antimony & Tungsten Trading Co., Ltd. (China) are the key players operating in the antimony market.

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Fresh Food Packaging Market is projected to grow 95.91 Billion USD by 2020

The report “Fresh Food Packaging Market by Application (Meat Products, Fruit, Vegetables, Seafood), Material (PE, PP, Paper, Aluminum, BOPET, PVC), by Pack Type (Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Others) - Global Forecast to 2020” defines and segments the global fresh food market with analysis and forecasting of the global revenues for the fresh food packaging market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges.

Browse 156 market data tables and 51 figures spread through 223 pages and in-depth TOC on “Fresh Food Packaging Market by Application (Meat Products, Fruit, Vegetables, Seafood), Material (PE, PP, Paper, Aluminum, BOPET, PVC), by Pack Type (Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Others) - Global Forecast to 2020”

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The market is segmented and revenues are forecasted on the basis of major regions, such as Asia-Pacific, North America, Europe, and the Rest of the World (RoW), and is forecasted till 2020. Further, the market is segmented and revenues are forecasted on the basis of the application.

The global fresh food packaging market is buyer-oriented. The fresh food packaging market is mostly driven by the extended shelf-life of fresh food. The demand for convenience food is also driving the fresh food packaging market.

The global fresh food packaging market is projected to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020. After the economic slowdown, several new packaging mechanisms have been introduced.

The global fresh food packaging market has been growing in accordance with the packaging industry. With increasing awareness about global warming and concerns about the environment, people are opting for eco-friendly techniques of fresh food packaging, which has had an impact on the market for global food produce packaging products.

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Increasing disposable incomes of people in economies, increasing demand for convenience food, and increasing awareness of packaged food among consumers drive the growth of the global fresh food packaging market.

The global fresh food market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. 

The key players in the market are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Company (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (U.S.), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (U.S.), and Sealed Air Corporation (U.S.). In this report, the fresh food packaging market is segmented into package material, pack type, application, and region.

Attractive Market Opportunities in the Market for Vacuum Insulation Panels

The report "Vacuum Insulation Panels Market by Core Material Type (Silica, Fiberglass, others), Type (Flat, Special Shape), Raw material (Silica, Fiberglass, Plastic, Metal, others), Application (Construction, Cooling & freezing devices, Logistics, Others) - Forecast to 2021", The market for vacuum insulation panels is projected to grow from USD 6.38 Billion in 2016 to USD 8.14 Billion by 2021, at an estimated CAGR of 4.99%. 

This growth is due to growing construction, consumer durables, and logistics industries, further propelling the growth of the vacuum insulation panels market, globally. Stringent regulations regarding energy conservation also provide an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.

Browse 176 market data Tables and 53 Figures spread through 214 Pages and in-depth TOC on "Vacuum Insulation Panels Market by Core Material Type (Silica, Fiberglass, others), Type (Flat, Special Shape), Raw material (Silica, Fiberglass, Plastic, Metal, others), Application (Construction, Cooling & freezing devices, Logistics, Others) - Forecast to 2021"

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Silica-based vacuum insulation panels to gain maximum traction during the forecast period

Silica-based vacuum insulation panels are projected to be the fastest-growing panels, in terms of the core material, by 2021. These panels last for more than 60 years, making them ideal for construction applications. Fiberglass-based vacuum insulation panels, which last for 8 to 10 years, are generally used in cooling & freezing devices.

Construction sector contributes a maximum market share

Construction is the largest application area of vacuum insulation panels. Silica-based panels are generally used for this application. Growing construction projects, both residential and commercial, have driven the market for vacuum insulation panels in this segment. Other application areas of vacuum insulation panels are the logistics, consumer durables, and packaging industries.

Asia-Pacific to play a key role in the market for vacuum insulation panels

On the basis of key regions, the market for vacuum insulation panels is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The Asia-Pacific region is the most attractive market for vacuum insulation panels. 

The rising economy and the rapid growth in the infrastructure sector in this region have significantly impacted the growth of vacuum insulation panels. This region is projected to see the highest number of new constructions and infrastructural activities in the near future.

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The scope of the report covers detailed information regarding the major factors influencing the growth of the vacuum insulation panels market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product & technology launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the market for vacuum insulation panels.

The global market for vacuum insulation panels is dominated by large players such as Evonik Industries AG (Germany), LG Hausys Ltd. (Korea), Panasonic Corporation (Japan), Dow Corning Corporation (U.S.), and OCI Company Ltd. (Korea). Other players in this market include Kevothermal, LLC (Mexico), Porextherm Dämmstoffe GmbH (Germany), ThermoCor (U.S.), Va-Q-Tec AG (Germany), and Microtherm (Belgium).

Evolution of Vacuum Packaging-Business Overview, Key Insights, Recent Developments

The report “Vacuum Packaging Market by Packaging Material (PE, Polyamide, EVA), by Type (Rigid, Semi-rigid), by Machinery (Thermoformers, External Vacuum Sealers, Others), by Process (Skin Vacuum, Shrink Vacuum, Others), by Application (Food, Others) & Region - Global Forecast to 2020” defines and segments the global vacuum packaging market with analyses and forecast of the global market size for vacuum packaging till 2020. It also identifies the driving and restraining factors of the market with an analysis of industry trends, opportunities, challenges, and burning issues.

Browse 204 market data Tables and 56 Figures spread through 242 Pages and in-depth TOC on "Vacuum Packaging Market by Packaging Material (PE, Polyamide, EVA), by Type (Rigid, Semi-rigid), by Machinery (Thermoformers, External Vacuum Sealers, Others), by Process (Skin Vacuum, Shrink Vacuum, Others), by Application (Food, Others) & Region - Global Forecast to 2020"

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The global vacuum packaging market is segmented on the basis of application, process, packaging material, machinery, pack type, and region. The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), and is forecasted till 2020. The major countries in all the regions have been considered for this study.

The vacuum packaging market is supplier-oriented and exhibits substantial progress due to rapid industrialization and urbanization. This market is going through continuous variations with regard to technological upgradations and economic factors. The vacuum packaging market is significantly affected by a trend where eco-conscious consumers give preference to packaging that use biodegradable, recycled, or non-petroleum-based materials, which reduce the amount of waste. 

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This has pushed the key players in the vacuum packaging market to invest extensively for R&D initiatives. New developments such as manufacturing of vacuum packages that possess barrier properties, recyclable packaging, and lightweight packaging are adding value to the vacuum packaging market.

The vacuum packaging market is witnessing a number of high-value opportunity areas such as “intelligent packaging” with the use of RFID technology. Intelligent packaging enables consumers to assess the quality of product inside the package owing to its ability to sense, detect, or record external or internal changes in the products environment. 

Product manufacturers are keen to implement anti-counterfeiting techniques and/or tamper-evident sealing techniques with the help of intelligent packaging. Rise in manufacturing output, organized retail growth, and increasing demand for safe & hygienic packaging have driven the demand and growth of the vacuum packaging market.

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The vacuum packaging market is projected to reach USD 27.67 Billion by 2020 at an estimated CAGR of 4.24% from 2015 to 2020. The Asia-Pacific region is projected to grow the fastest during the forecast period, that is, from 2015 to 2020. The rising population of the region, along with high disposable income and the demand for safe & hygienic packaging of products are factors driving the growth of the vacuum packaging market in this region.

The vacuum packaging market is marked with intense competition due to the presence of a large number of players. The market for this industry is highly unorganized because of the presence of small and medium manufacturers. New product launches and expansions are the key strategies adopted by market players to expand their business. 

Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Berry Plastics Corporation (U.S.), Sealed Air Corporation (U.S.), and Linpac Packaging Limited (U.K.) among others, are some of the major vacuum packaging companies focusing on expanding their market base in the global vacuum packaging market. 

This is successfully achieved with the assistance of numerous market strategies adopted by these companies, which includes joint ventures, new product developments, expansions, and mergers & acquisitions.

Construction Adhesive Market-Growing Demand for Low-VOC, Green, and Sustainable Adhesives

The report "Construction Adhesives Market by Resin Type (Acrylic, PVA, PU, Epoxy), Technology (Waterborne, Reactive, Solventborne), End Use Sector (Residential, Non-residential, Infrastructure), and Region - Global Forecast to 2022", The construction adhesives market is estimated to be USD 9.09 Billion in 2017 and is expected to grow at a CAGR of 5.0% from 2017 to 2022, in terms of value. 

Construction adhesives are widely used in the building & construction industry. The building & construction application has been divided into residential, non-residential, and infrastructure. The increasing demand for residential housing and commercial offices, along with the rising construction activities is fueling the demand for construction adhesives.

Browse 138 market data Tables and 37 Figures spread through 184 Pages and in-depth TOC on "Construction Adhesives Market by Resin Type (Acrylic, PVA, PU, Epoxy), Technology (Waterborne, Reactive, Solventborne), End Use Sector (Residential, Non-residential, Infrastructure), and Region - Global Forecast to 2022"

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Based on resin type, the PU segment of the construction adhesives market is expected to grow at the highest CAGR during the forecast period.

Based on resin type, the PU segment of the construction adhesives market is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to its significant contribution to the adhesive bonding technology, making available several different feedstock materials for the manufacturing of adhesives that exhibit a broad spectrum of performance characteristics. Based on their varied compositions, polyurethane adhesives are used in several applications in the construction industry.

The waterborne technology segment accounted for a major share of the construction adhesives market in 2016.

The waterborne technology led the construction adhesives market, in terms of volume, in 2016. The waterborne technology is used in all the leading construction adhesives end-use sectors. Waterborne is a leading technology segment of the construction adhesives market. 

Owing to increasing environmental concerns and strict Volatile Organic Compound (VOC) regulations, adhesive manufacturers are shifting towards the use of waterborne systems. This has fueled the growth of the waterborne technology segment. Stringent government regulations regarding the development of products that are environment-friendly have caused a ripple effect on the entire supply chain of the construction adhesives development. 

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Several manufacturers have begun to develop alternatives to solventborne adhesives, which emit low or zero VOCs. The manufacturers have also developed waterborne adhesives to reduce VOCs.

The residential end-use sector segment is projected to lead the construction adhesives market during the forecast period.

The rising demand for construction adhesives from the residential sector can be attributed to the growth of the residential housing market in the US for new work, renovation, maintenance, and repairs. 

In addition, due to the rising demand from emerging countries such as India, China, Indonesia, Qatar, and Vietnam for applications such as flooring, wall covering, thermal insulation, tiling, and other construction applications, the demand for adhesives in these countries is increasing.

APAC construction adhesives market is expected to grow at the highest rate during the forecast period.

The construction adhesives market in APAC is witnessing rapid growth, driven by the significant economic progress and infrastructural development in various countries across the region. Increasing building and construction activities in the region are expected to propel the demand for construction adhesives in APAC.

Key players in the construction adhesives market

Key players in the construction adhesives market are Henkel (Germany), 3M (US), Bostik (France), Sika (Switzerland), H.B. Fuller (US), BASF (Germany), Dow Chemical (US), DAP Products (US), Franklin International (US), Illinois Tool Works (US), Avery Dennison (US), etc.

Ease of Installation and Removal Dominating Precast Concrete Market by 2022

The report "Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults), Construction Type (Elemental, Permanent Modular, Relocatable), End-use Sector (Residential, Non-residential) - Global Forecast to 2022", The precast concrete market size is projected to grow from USD 104.03 Billion in 2017 to USD 138.96 Billion by 2022, at an estimated CAGR of 5.96%. 

The precast concrete market is projected to witness significant growth in the next few years with the increasing demand for new constructions all over the world due to rapid urbanization and industrialization with large-scale investments in the industrial and infrastructural sectors. 

Rising construction activities in emerging economies and increasing inclination toward sustainable construction methods are increasing the reliance on modern construction techniques, subsequently creating growth opportunities for the precast concrete market.

Browse 99 market data Tables and 48 Figures spread through 165 Pages and in-depth TOC on "Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults), Construction Type (Elemental, Permanent Modular, Relocatable), End-use Sector (Residential, Non-residential) - Global Forecast to 2022"

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The non-residential segment, by end-use sector, is projected to gain maximum traction during the forecast period.

The non-residential segment dominated the market in 2016 and is projected to be the fastest-growing end-use sector over the next five years. As a result of the rising urbanization and industrialization, along with the growing demand for better quality bridges, airports, metros, and buildings among others. 

This market is mostly driven by the upward surge in demand for new constructions all over the world. Rising public and private investment in the infrastructure sector in the emerging economies of Asia Pacific, the Middle East, and South America are drivers for the growth of this market.

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Elemental construction to be the fastest-growing segment in the precast concrete market, in terms of value.

The elemental construction segment is projected to be the fastest-growing construction type segment during the forecast period.  This growth can be attributed to factors such as keen interest from contractors and builders in using individual precast elements to build an entire structure across residential and non-residential construction sectors and increase in public & private investments in the global infrastructural development, especially in the emerging economies of the Asia Pacific and South American regions.

The Asia Pacific region constitutes the largest share of the precast concrete market.

The Asia Pacific contributes a major market share in the global precast concrete market. Increasing industrialization, as well as the growing population in China, Indonesia, and India, are experiencing high demand for residential and non-residential constructions. 

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The rapid urbanization in these countries demands faster and cheaper construction of buildings and facilities without compromising on quality. Additionally, increased government investments in infrastructural constructions provide the potential for the growth of the precast concrete market in these countries.The market in this region is also growing rapidly due to the presence of various small and some leading players.

The major players in the precast concrete market in Asia Pacific include Komatsu (Japan), Larsen & Toubro (India), and Taisei Corporation (Japan).

Plastic Waste Management Market is projected to grow $26.57 Billion by 2020

The report “Plastic Waste Management Market by Service & Equipment (Collection, Recycling, Incineration, Disposal), Polymer (PP, LDPE, HDPE), Source (Commercial, Residential, Industrial), End-Use Sector (Packaging, Construction, Textile) - Global Forecast to 2020”, defines and segments the  plastic waste management market, along with the analyses and projections of the market size. It also identifies the driving and restraining factors for the plastic waste management market with the analysis of trends and opportunities.

Browse 174 market data tables and 52 figures spread through 288 pages and in-depth TOC on “Plastic Waste Management Market by Service & Equipment (Collection, Recycling, Incineration, Disposal), Polymer (PP, LDPE, HDPE), Source (Commercial, Residential, Industrial), End-Use Sector (Packaging, Construction, Textile) - Global Forecast to 2020”

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The global plastic waste management market is projected to be valued at around USD 26,573.3 million by 2020, growing at a CAGR of 3.02% from 2015 to 2020. The strict laws pertaining to waste management and disposal and increasing awareness of the adverse impact of accumulating plastic waste have led the public sector such as municipalities and the private sector which involves companies offering environmental services such as collection and recycling of plastic waste.

The end-use sector for recycled plastics includes packaging, furniture, building & construction, automotive, and textile & clothing. Packaging products made from recycled plastics occupied the largest market share in 2014 and is also projected to grow at the highest CAGR during the forecast period. Increasing urban population, stringent laws & regulations enforced by the government, and increasing consumer awareness, are the main drivers of the plastic waste management market.

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The plastic waste management market is expected to witness significant growth in the future due to the growing concern of the environmental impact of accumulating plastics. The market for recycled plastics is projected to experience high demand in the packaging sector. 

The global market for plastic waste management faces intense competition from governmental, quasi-governmental, municipalities, and private sources. The cost of operations of each company varies according to the area they operate in, the type of waste collected, the risk of handling, and disposal. The regulations imposed in different countries also affect the margins of the company. 

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Developing markets such as China and India are emerging as growth economies for plastic waste management. Growing economies, the increasing population, and the resultant disposable income of people act as the main drivers for increased opportunities in these countries. 

The leading players in the market include Veolia Environnement S.A. (France), SUEZ Environnement Company (France), Waste Management Inc. (U.S.), Republic Services Inc. (U.S.), and Stericycle Inc. (U.S.).

Sustainable Packaging Market is projected to grow 303.60 Billion USD by 2020

The report “Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”, defines and segments the sustainable packaging market with analysis and forecasting of the global revenues for the sustainable packaging industry. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges.

Browse 218 market data tables and 58 figures spread through 270 pages and in-depth TOC on “Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”

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The segmentation considered for this report is based on function, layer, process, material, application, and region. The market has been segmented on the basis of material into paper & paperboard, plastic, metal, glass, and others (foamed plastics and wood) The market for paper & paperboard is projected to witness the highest growth from 2015 to 2020. 

The market has been further segmented on the basis of application into food & beverage packaging, healthcare packaging, personal care packaging, and others (electronic appliances and home care packaging). Based on application, the food & beverage packaging segment is projected to grow at the highest rate from 2015 to 2020. 

The layers of sustainable packaging include primary, secondary, and tertiary packaging. Primary packaging segment accounted for the highest market share of the total sustainable packaging market in 2014.

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The sustainable packaging market was valued at USD 201.60 Billion in 2014, at USD 303.60 Billion by 2020, and is projected to grow at a CAGR of 7.17% from 2015 to 2020. Factors such as stringent laws regarding sustainability, growing packaging industry, and change in consumer preferences towards sustainable and eco-friendly packaging materials drive the sustainable packaging market. 

However, cost of recycling acts as a restraint to the market. Growth in the economically improving Asia-Pacific region provides an opportunity to the sustainable packaging market to grow even further. Overcoming the problems caused due to fluctuations of raw material prices is a challenge faced by the sustainable packaging market.

Leading players in the sustainable packaging market include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval International S.A. (Switzerland), Mondi plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products Company (U.S.), Smurfit Kappa Group PLC (U.S.), Sealed Air Corporation (U.S.), and Huhtamaki OYJ (Finland). 

The main strategies adopted by the sustainable packaging companies are mergers and acquisitions. The requirements of the manufacturers to adhere to standards set by governments for sustainable packaging make it essential for the manufacturers to continually invest in research and development activities for innovative solutions.

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Companies are also adopting inorganic growth strategies such as agreements and joint ventures to cope with the increasing demand of sustainable packaging in the key emerging markets. These strategies have aided companies to create a large customer and partner base in the key markets.

Automotive Labels Market is projected to grow 7.30 Billion USD by 2020

The report "Automotive Labels Market by Type (Warning, Dome, Asset), Identification Technology (Barcode, RFID), Printing Technology (Flexography, Digital printing), Mechanism (Pressure-sensitive, Heat Transfer, In-mold), Raw Material (PVC & Others), Application & Region - Global Trends & Forecasts to 2020", The market for automotive labels is projected to grow from USD 5.74 Billion in 2015 to USD 7.30 Billion by 2020, at an estimated CAGR of 4.93%. 

The market for automotive labels is growing due to increasing demand in the packaging and automotive industries as well as the rising demand for eco-friendly labels production techniques. However, varying environmental mandates across regions can act as a restraint to the growth of the automotive labels market.

Browse 309 tables and 57 figures spread through 301 Pages and in-depth TOC on "Automotive Labels Market by Type (Warning, Dome, Asset), Identification Technology (Barcode, RFID), Printing Technology (Flexography, Digital printing), Mechanism (Pressure-sensitive, Heat Transfer, In-mold), Raw Material (PVC & Others), Application & Region - Global Trends & Forecasts to 2020"

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Asset labels to gain maximum traction during the forecast period

The asset labels are made up of a variety of raw materials such as metal, polyester, or polyvinyl chloride and are highly preferred for easy identification of equipment. These labels are highly durable and deliver excellent performance in terms of extreme environmental and mechanical conditions. 

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The growth in the asset label is supported by its features such as synchronize process of repairs, maintenance, and inventory control for enterprises as well as maintaining the authenticity of the product.

Pressure-sensitive mechanism to grow at the fastest rate during the forecast period

The automotive labels market is segmented on the basis of mechanism into pressure sensitive, glue-applied, heat transfer, in-mold, and others. In 2014, the pressure-sensitive mechanism accounted for the largest share in the mechanism segment and is projected to grow at the highest CAGR during the forecast period.

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

On the basis of key regions, the market for automotive labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The low labor costs, emerging economic conditions, and excellent hold on the automotive have played a key role in the growth of the automotive labels in the Asia-Pacific region. 

The scope of the report covers detailed information regarding the major factors influencing the growth of the market for automotive labels such as drivers, restraints, challenges, and opportunities. 

A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product developments, mergers & acquisitions, agreements, and recent developments associated with the market for automotive labels.

Digital Printing Packaging Market worth 42.11 Billion USD by 2026

The report "Digital Printing Packaging Market by Packaging Technology (Thermal Transfer, Electrophotography & Electrostatic, Inkjet), Packaging Type (Labels, Flexible Packaging), Ink Type, Printing Format, Application, and Region - Global Forecast to 2026", The digital printing packaging market size is projected to grow from USD 11.42 Billion in 2016 to reach USD 42.11 Billion by 2026, at a CAGR of 13.9%

Browse 113 market data tables and 53 figures spread through 174 pages and in-depth TOC on “Digital Printing Packaging Market by Packaging Technology (Thermal Transfer, Electrophotography & Electrostatic, Inkjet), Packaging Type (Labels, Flexible Packaging), Ink Type, Printing Format, Application, and Region - Global Forecast to 2026”

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The global digital printing packaging market is witnessing demand owing to the rise in manufacturing activities. The market is driven by factors such as strong growth in the demand from the food and homecare sectors. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the digital printing packaging market.

Food & beverage segment is estimated to be the fastest-growing segment in 2015

The food & beverages segment is estimated to be the fastest-growing segment in 2015. The demand for digital printing packaging is experiencing high demand from the food & beverage industry, mainly because of the growing demand for packaged and branded products. Increase in demand for product differentiation and labeling for their authentication drives the market growth for printing in the food & beverage packaging segment

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Labels are projected to be the largest segment during the forecast period in packaging type segment

The digital printing packaging market, on the basis of packaging type, is classified into labels, flexible packaging, corrugated, folding cartons, and others, which includes rigid plastic packaging and metal packaging. The labels segment accounted for the largest share in 2015 due to its numerous application such as displaying sequential barcodes and numbering, variable text, titles, or graphics and add substantial value to the product.

Asia-Pacific projected to account for the largest share in the digital printing packaging market in 2021

Asia-Pacific, with emerging economies such as China and India, is expected to drive the digital printing packaging market. China is projected to account for the largest market share and dominate the Asia-Pacific digital printing packaging market in 2021. 

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The growing healthcare and food & beverage industries are likely to drive the demand for digital printing packaging in China. In addition to this, the country’s large consumer base, overall positive economic environment, an increase in manufacturing activities will drive demand in the packaging industry.

The major players include HP Inc. (U.S.), E.I. du Pont de Nemours and Company (U.S.), Xerox Corporation (U.S.), Mondi Plc (South Africa), Quad/Graphics, Inc. (U.S.), and WS Packaging Group (U.S.). Companies have adopted strategies such as mergers & acquisitions to cope with the increasing demand in the emerging markets.