Showing posts with label #Packaging. Show all posts
Showing posts with label #Packaging. Show all posts

Friday, 13 September 2019

Packaging Machinery - Industry Share, Growth and Regional Forecast

Development of innovative and energy efficient packaging machinery, increasing usage of automation in the packaging industry, rise in global consumption of consumer goods, and increasing usage of vacuum packaging machines drive the packaging machinery market growth. The filling machines segment would dominate the market through 2023. The cleaning & sterilizing machines segment would grow at the fastest CAGR during the study period. The Asia-Pacific market would be lucrative during the forecast period.

According to the report, the global packaging machinery market is expected to reach $62.06 billion by 2023, registering a CAGR of 6.7% from 2017 to 2023.

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The report provides an in-depth analysis of the global packaging machinery market, covering aspects such as current market size & estimations, market segmentation, changing dynamics, competitive landscape, and market forecast. The information in the report is a result of an extensive primary and secondary research.

The global packaging machinery market is segmented into machine type, end user, and geography. Based on machine type, it is divided into filling machines, FFS (Form, Fill and Seal) machines, cartoning machines, palletizing machines, labelling machines, wrapping machines, and cleaning & sterilizing machines. The filling machines segment garnered the largest market share in 2017 and is expected to dominate the market through 2023. However, the cleaning & sterilizing machines segment would grow at the fastest CAGR of 8.4% during the study period. Based on end user, the market is divided into food & beverage, pharmaceuticals, chemicals, cosmetics, and others. Geographically, the market analysis covers North America, Europe, Asia-Pacific, and LAMEA. The market in Asia-Pacific would dominate the market as well as witness the fastest growth of 3.8% during the forecast period.

The drivers, restraints, and opportunities are broadly analyzed in the global packaging machinery market report. Development of innovative and energy efficient packaging machinery, increasing usage of automation in the packaging industry, rise in global consumption of consumer goods, and increasing usage of vacuum packaging machines drive the market growth. However, Eurozone economic uncertainty and stringent government regulations restrain the growth of the market. Conversely, growth in e-commerce and retail industry and increasing usage of robots to increase efficiency in packaging are likely to provide opportunities for the market growth.

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The report also includes an analysis of the leading players operating in the global packaging machinery market. They include Adelphi Packaging Machinery, Aetna Group, B&H Labelling Systems, Barry-Wehmiller Companies, Inc., Bosch Packaging Machinery, Bradman Lake Group, CKD Group, Coesia SpA, Fuji Machinery Company, and Harland Machine Systems Ltd.

Wednesday, 5 December 2018

Plastomers Market: Improved Characteristics Over Conventional Plastics and Elastomers

Plastomers Market: Improved Characteristics Over Conventional Plastics and Elastomers

The report "Plastomers Market" by Application (Film-Food Packaging, Film-Non-Food Packaging, Film-Stretch & Shrink Film, Automotive, Wires & Cables, Polymer Modification, Medical and Others) and Region (Asia-Pacific, North America, Europe and Row) - Global Forecast to 2020", The plastomers market size is estimated to grow from USD 3.73 Billion in 2015 to USD 5.33 Billion by 2020, at a CAGR of 7.4% between 2015 and 2020.

Browse 73 market data Tables and 40 Figures spread through 124 Pages and in-depth TOC on "Plastomers Market by Application (Film-Food Packaging, Film-Non-Food Packaging, Film-Stretch & Shrink Film, Automotive, Wires & Cables, Polymer Modification, Medical and Others) and Region (Asia-Pacific, North America, Europe and Row) - Global Forecast to 2020"




The market is driven by increasing demand for plastomer products in emerging markets and high demand from the packaging industry. Among all regions considered, Asia-Pacific and RoW are projected to witness high growth in the next five years. The demand in these regions is supported by emerging markets such as China, India, Brazil, and Mexico.

Packaging is the largest application of plastomers
The growing popularity of plastomers over conventional polymers in various applications plays a significant role in driving the market. Packaging, automotive, and polymer modification are the most important applications of plastomers. The packaging industry is the major revenue contributor of the market, as packaging applications, including food, non-food, and stretch & shrink film, constituted of maximum share of the total market in 2014. High-quality packaging not only improves the shelf life of food and beverages but also maintains their quality and freshness. The packaging industry is growing at steady rate globally, with emerging countries witnessing high growth potential.

Rising demand in Asia-Pacific is a major driver for growth of the plastomers market
In 2015, North America is estimated to account for the largest market share, in terms of volume. However, the robust demand in Asia-Pacific is expected to be the major driving factor for the growth of the global plastomers market. The growth is led by the developments in packaging, automotive, polymer modification, and several other areas in which plastomers are used due to their specific operation. China is one of the leading markets of plastomers at the global level. The markets in other emerging economies such as, India, and Mexico are also projected to grow rapidly.

The players profiled in the plastomers market report are The Dow Chemical Company (U.S.), Saudi Basic Industries Limited (SABIC) (Saudi Arabia), Borealis AG (Austria), Mitsui Chemicals (Japan), LG Chem Limited (South Korea), ExxonMobil (U.S.), Sumitomo Corporation (Japan), SK Group (South Korea), Plastomer Corporation (U.S.), and Alpha Group (India)

The scope of the report covers detailed information regarding the major factors influencing the growth of the plastomers market 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, investments & expansions, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the market.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441

Monday, 22 October 2018

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

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"


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 poly vinyl 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. 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 a 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.


About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

sales@marketsandmarkets.com

Wednesday, 17 October 2018

Protective Packaging Market is estimated to grow 32.02 Billion USD by 2022

Protective Packaging Market is estimated to grow 32.02 Billion USD by 2022

The report "Protective Packaging Market" by Material (Foam Plastics, Paper & Paperboard), Type (Flexible, Rigid, Foam), Function (Cushioning, Blocking & Bracing, Void Fill), Application (Food & Beverage, Consumer Electronics), and Region – Global Forecast to 2022 " The protective packaging market size is projected to grow from USD 24.31 Billion in 2017 to reach USD 32.02 Billion by 2022, at a CAGR of 5.67%.

The global protective packaging market is growing steadily owing to the rise in manufacturing activities and growth in demand for conveniently packaged products. The increase in demand from the food & beverage industry also provides an opportunity for market growth, especially in the emerging Asia Pacific and South American regions.



Browse 305 tables and 43 figures spread through 231 pages and in-depth TOC on "Protective Packaging Market, by Material (Foam Plastics, Paper & Paperboard), Type (Flexible, Rigid, Foam), Function (Cushioning, Blocking & Bracing, Void Fill), Application (Food & Beverage, Consumer Electronics), and Region - Global Forecast to 2022".


“Flexible protective packaging segment, by type, to gain maximum share during the forecast period”
The flexible protective packaging segment is projected to account for the largest share in 2022, mainly because of the growth in consumption of food & beverage, dairy, and cosmetic products. Flexible protective packaging is appealing as well as functional as it offers convenient packaging, which can be easily wrapped according to the size and shape of the product. The growth of the healthcare industry also provides an opportunity for the growth of the protective packaging market due to the rise in consumption of over-the-counter products for which flexible protective packaging is used, especially in the emerging markets of Asia Pacific and South America.

“Foam plastics segment, by material, to grow at the highest rate during the forecast period”
Raw materials such as foam plastics, paper & paperboard, and plastics are used for protective packaging. The foam plastic segment accounted for the largest market share in terms of value, in the protective packaging market. Foam plastics are lightweight and provide thermal insulation and offer shock-dampening properties; this segment is thus projected to be the fastest-growing in the protective packaging market.

“Cushioning segment, by function, is projected to grow at the highest rate during the forecast period”
The main function of protective packaging is to protect the product from any kind of damage such as physical or environmental. It is required in order to withstand damage such as external shock, vibration, compression, and climatic conditions during shipping, handling, and storage. The cushioning segment is projected to grow at the highest rate in the protective packaging market owing to its soft or resilient material used to fill gaps, render shape, and provide protection to the product. It restrains the movement of the packed product and prevents damage from shock and vibration during transportation. Cushioning protects fragile and lightweight items from damage during transportation and warehousing.


“Asia Pacific to be the largest share in the protective packaging market by 2022”
On the basis of key regions, the protective packaging market is segmented into North America, Western Europe, Eastern Europe, Nordics, Asia Pacific, South America, Middle East, and Africa. The Asia Pacific region is estimated to account for the largest share among all the regions in 2017, and is projected to grow at the highest rate from 2017 to 2022, in terms of value. This can be mainly attributed to the increase in demand for protective packaging in China and India coupled with the growth in the food & beverage industry in these countries. The urbanized population is shifting its preference to healthy and safe packaged foods owing to the rise in disposable incomes.

The major players include Smurfit Kappa Group (Ireland), Sealed Air Corporation (US), Sonoco Products Company (US), WestRock US), Huhatamaki (Finland), Ranpak (US), Pregis Corporation (US), Pro-Pac Packaging (Australia), Storopack Hans Reichenecker (Germany), Dow (US), and DS Smith (UK). The companies have adopted strategies such as acquisitions, expansions, and new product launches to cope with the increase in demand in the emerging markets.


About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

sales@marketsandmarkets.com

Monday, 15 October 2018

Aerosol Cans Market is projected to grow 10.93 billion USD by 2021

The report "Aerosol Cans Market by Material (Aluminium, Steel, and Plastic), Product Type (Necked-in, Straight wall, and Shaped), Propellant Type (Liquefied Gas, and Compressed Gas), End-use Sector, and Region - Global Forecast to 2021", The aerosol cans market size is projected to grow from USD 8.74 billion in 2015 to reach USD 10.93 billion by 2021, at a CAGR of 3.9%.
      
Browse 136 market data tables and 48 figures spread through 173 pages and in-depth TOC on "Aerosol Cans Market by Material (Aluminium, Steel, and Plastic), Product Type (Necked-in, Straight wall, and Shaped), Propellant Type (Liquefied Gas, and Compressed Gas), End-use Sector, and Region - Global Forecast to 2021"







Early buyers will receive 10% customization on reports.

The demand for aerosol cans is expected to be driven by factors such as ease-of-use, portability, recyclability, safety & strength, and the increased aesthetic appeal of the product. Furthermore, the growth in personal care industry and increase in demand for cosmetic products present a great opportunity for this market to grow in the future.

Personal care segment projected to be the largest segment during the forecast period
The personal care segment is projected to be the largest in the aerosol cans market on the basis of end-use industry, and this trend is projected to continue during the forecast period. 




Factors such as rising disposable income, change in consumer lifestyles, product presentation & differentiation, and rising demand for personal care products such as deodorants, hair sprays, and face & body creams will increase the consumption of aerosol cans. The retail industry, which is currently witnessing a shift from unorganized to organized retail, will also augment the demand for aerosol cans.

Aluminum is projected to be the largest growing segment during the forecast period
Aerosol cans market, on the basis of material type, have been classified into aluminum, steel, plastic and others, which include glass. The aluminum segment accounted for the largest share in 2015 due to its numerous benefits such as light weight, high recycling rates, and high standards of safety and hygiene.




Europe projected to account for the second largest share in the aerosol cans market by 2021
Europe, with developed economies such as U.K. and Germany, is expected to drive the aerosol cans market. Focus on reducing packaging waste will increase growth in the market for aerosol cans in Europe, as it is cost-effective and reduces wastage by increasing the shelf-life of the product. U.K. is projected to account for the largest market share and dominate the European aerosol cans market by 2021. 

The growth in personal care and home care industries is expected to drive the demand for aerosol cans in U.K. In addition to this, factors such as economic growth, rise in competition among manufacturers, consumer preference for packaging which is sustainable, high quality, convenient, and visual appeal have increased the demand for aerosol cans in the U.K.

The major players include Ball Corporation (U.S.), CCL Industries, Inc. (Canada), Crown Holdings, Inc. (U.S.), WestRock Company (U.S.), Ardagh Packaging Holdings Limited (Luxembourg), Nampak Ltd. (South Africa), Colep Portugal S.A. (Portugal), BWAY Corporation (U.S.), and Exal Corporation (U.S.). Companies have adopted strategies such as new product launches, mergers & acquisitions, expansions and investments to cope with the increase in demand in the emerging markets.