Global Sterile Medical Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2021

 Overview

The sterile medical Packaging market is very dynamic in nature and is expected to witness high growth over the forecast period. The growth of the sterile medical market is influenced by growing pharmaceutical industry, increase in ageing population, and government initiative for pharmaceutical industry whereas it is hindered by the stringent regulations for packaging of medical products.  

Various sterilization packaging types are available in the market such as pouches, wraps, and container systems. These are available in different sizes and specifications for the purpose of sterilizing and packaging medical devices and the other instruments. Proper sterilization packaging needs to be chosen in the healthcare sector by healthcare product manufacturers including pharmaceuticals as well as medical devices.

The rise in the ageing population leads to increasing diseases and more requirement of medicines has spiked the demand for such packaging. People are becoming aware about the diseases occurring due to growing age and are using the products which are healthy for them. People are becoming aware about the diseases occurring due to growing age and are using the products which are healthy for them. Due to this, there will be an increase in the production of sterile packaging materials.

Government of India has taken various initiatives to ensure the approval, safety and marketing of quality drugs. The Central Drug Standards and Control Organization (CDSCO) provides the standards and measures for safety of the drugs, and ensures quality of the drug. It also regulates the market authorization of new drugs and approves the license for the manufacture of the drug. Due to the above regulatory bodies, there is an increase in the reliability of pharmaceutical products, which has resulted in the increased use of sterile medical packaging. 

Competitive Analysis

The major market players adopted various strategies to retain and/or expand their market share. Key strategies followed by most companies within the global Sterile Medical market were new product development. T

he major players operating in this market, to have adopted these strategies are E. I. du Pont de Nemours and Company (U.S.), Multisorb Technologies (U.S.), Sanner GmbH (Germany), CSP Technologies, Inc (U.S.), Capitol Scientific, Inc (U.S.), Desiccare, Inc (U.S.), W. R. Grace & Co (U.S.), Desican Inc (U.S.), Clariant Global (Switzerland), Oker-Chemie GmbH (Germany) and others. This strategy is widely adopted to increase the number of offerings to the customer. New innovations in the technology of manufacturing desiccants also lead to new product developments.  

In September 2017, DuPont Protection Solutions announced the introduction of DuPont Tyvek 40L, a new class of Tyvek for medical packaging applications that provides a cost-effective option for protecting lightweight, low-risk devices. This economical alternative to high-end medical papers was unveiled today at MEDTEC 2017 in Shanghai, China, where DuPont was also continuing its year-long celebration of the 50th anniversary of Tyvek. Commercial sales of Tyvek 40L will begin now in China and there are plans for global availability in late 2018.

Segments

Global Sterile Medical Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.

By Type: Comprises – Thermoform trays, Flexible pouches, Bottles and others.

By Material: Comprises – Glass, Plastic, Metal, and others.

By End-use: Comprises – Surgical instruments, Pharmaceuticals, and others.

By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Regional Analysis

The growing market of Europe, is expected to witness slow growth throughout the forecast period. The adoption of medical packaging in countries such as Poland, Turkey, and Romania offers significant growth prospects for the sterile medical packaging market in the region.

The South America’s and Middle East markets are expected to register steady growth through the forecast period for sterile medical packaging.

The Asia-Pacific region held the largest share in 2016, and is projected to be the fastest-growing region market in coming time. This is mainly due to emerging economies in China and India, backed by the rising consumer spending power and the growing middle-class population.

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https://uberant.com/article/903741-global-tobacco-packaging-market-research-report-forecast-to-2021/

https://uberant.com/article/903755-global-sterile-medical-packaging-market-research-report-forecast-to-2021/

 

 

Global Tobacco Packaging Market Research Report |COVID-19 Impact, Research Report- Forecast till 2021

 The global Tobacco Packaging market is projected to perceive an outstanding growth by 2021 registering a striking CAGR during the anticipated period (2017 – 2021). 

Market Overview     

Packaging is an important part of the overall marketing strategy of consumer goods. Packaging helps to establish brand identity in competitive markets and serves as an effective form of promotion both at the point of sale and while the product is being used. Packaging is particularly important for consumer products such as cigarettes, which have a high degree of social visibility. Unlike many other consumer products, cigarette packages are displayed each time the product is used and are often left in public view between uses. The tobacco packaging market is witnessing considerable growth due to the rise in per capita income and stressful lifestyles. Equality laws for women have developed a new market for female smokers, which is another key factor fuelling the growth. Tobacco packaging has come across new opportunities due to the growth in population and the technological advancements.

One trend in market is technological innovations. Though tobacco consumption is decreasing because of stringent government regulations and increasing health awareness, there is a section of people who still consume tobacco because of addiction or habit. The tobacco product manufacturers need to concentrate on such segments to retain those buyers. The main attribute that easily grasps the attention of consumers is packaging. There is a huge scope for innovation in the packaging industry. However, the market is constrained by increased public awareness about the health hazards of smoking like mouth and lung cancer and stringent laws on cigarettes packaging.

Accrediting the colossal growth the Tobacco Packaging market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published  a meticulous study report giving out the complete market insight up till 2021. According to which, continuing with the same trends the global Tobacco Packaging market is projected to perceive an outstanding growth by 2021 registering a striking CAGR during the anticipated period (2017 – 2021). 

Competitive Analysis

Tobacco Packaging Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. Some of the key players in the tobacco packaging market include Amcor Limited, Innova Films Limited, China National Tobacco Corporation, ITC Limited and Phillip Morris International, Inc.

Segments

For the convenience of the report and enhanced understanding; The Tobacco Packaging Market is segmented in to 3key dynamics

By Product Type – Cigarette, Cigar and Others        

By Materials - paper box, films and others

By Regions - Comprises regions - North America, Europe, APAC and Rest of the World.

Regional Analysis:

The global Tobacco Packaging market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is expected to show the fastest growth in tobacco packaging market. China is currently the largest tobacco & cigarette manufacturer as well as exporter. Owing to a continuous increase in cigarette consumption, China is likely to lead the international markets by the end of forecast period. Moreover, demand for tobacco packaging is driven by increased global cigarette production. Increased population and per capita income in developing countries has resulted in changing lifestyles, increased workload, and stress especially in urban areas. 

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Global Smart Labels Market Research Report |COVID-19 Impact, Research Report- Forecast till 2021

 The smart labels market is predicted to show a resurgent CAGR in the forecast period.

Market Overview

The merchandise and asset tracking applications that are rising rapidly are promoting the smart labels market in 2020.  The packaging & transport industry reports are produced by Market Research Future, which highlights market prospects for development. The market is predicted to show a resurgent CAGR in the forecast period.

The upsurge in demand for smart labels from the retail and manufacturing sector is predicted to shape the smart labels market share in the forecast period. The intensifying security issues related to anti-theft are foreseen to shape the market for smart labels in the impending period. The need for dynamic elements in packaging to improve quality is estimated to shape the smart labels market.

Segmental Analysis

The segmental study of the smart labels market is conducted on the basis of technology, application, components, end-use industry, and region.  The application-based segmentation of the smart labels market is segmented into retail, perishable goods, electronic & IT asset, and others. Based on the end-use industry, the smart labels market is segmented into logistics, healthcare & pharmaceuticals, automotive, manufacturing & retail, FMCG, and others. Based on the region, the smart labels market is segmented into North America, Europe, APAC, and the rest of the regions around the world. Based on the technology, the smart labels market is segmented as sensing label, RFID, electronic shelf label, and others.

Detailed Regional Analysis 

The regional examination of the smart labels market encompasses regions such as North America, Europe, APAC, and the rest of the regions around the world. The region of the APAC market controls the smart labels market with its fast increasing market globally. It will expand at a promising CAGR over the forecast period. The region is likely to demonstrate rapid financial growth owing to mounting manufacturing industries, economical labor along with amplified investment in the retail sector, which encourages the demand for smart labels. The APAC regional market is followed by the North American region, which is projected to grow speedily by 2021. The regions in the European region and the rest of the World regions are also anticipated to develop at a CAGR in the forecast period. In addition, the boost in data centers count can encourage the development of the European region’s smart label market.

Competitive Analysis

The conundrum present in the global market relating to the fundamental assets of the corporations is being optimized to fair the existing pandemic more successfully. The growth restraints of the market are anticipated to be momentous and will need to be neutralized to unlock favorable development in the market. The unsteadiness in the forces of demand and supply is expected to produce an advantageous bearing on the market taken as a whole in the forecast period. The restitution and operations on a daily basis are anticipated to take some time, which will show the way to concentrated development of the backlogs created in delivery. The financial backing provided by the administrations and trade bodies is anticipated to reclaim the situation in the coming years. The declining effects evident in the market globally are anticipated to stay for the foreseeable future to the scale of impact on the worldwide market. The necessity for tactful analysis of the market cues and demand projections is anticipated to lead to a robust expansion in the market.

The major contenders in the smart labels market are ASK S.A., Alien Technology Inc., CCL Industries Inc., Checkpoint Systems Inc., Avery Dennison Corporation, Displaydata Ltd., Sato Holdings Corporation, Zebra Technologies Corporation, Smartrac N.V., Willian Frick & Company, Intermec Inc., Invengo Information Technology Co. Ltd., Thin Film Electronics ASA, Graphic Label Inc., and Muhlbauer Holding Ag & Co. Kgaa, to name a few.

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Frozen Food Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2021

 The global market of Frozen Food packaging is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023). 

Overview

Packaging is essential to any food product. It protects, promotes, informs and plays a key role in providing convenience to the consumer. Freezing is one of the easiest, quickest, and most versatile and most convenient methods of preserving foods. Properly frozen foods maintain more of their original colour, flavour and texture and generally more of their nutrients than foods preserved by other methods.

The frozen food industry has come a long way in the past several years. Gone are freezers of the past filled simply with fish sticks and freezer-burned vegetables. Many brands are offering high-quality meals that can easily be heated and served on demand. These luxury frozen food brands have reinvented the idea of frozen food as one offering premium quality, ready-to-go meals in a way that is healthy, convenient and sustainable.

Global Frozen Food packaging has very broad market in coming recent years. MRFR analysts has predicted that refrigeration packaging are about to grow at a rapid pace. Global Frozen Food packaging market is growing with the rapid pace; mainly due to advancement in technologies. According to a recent study report published by the Market Research Future, The global market of Frozen Food packaging is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023). 

Competitive Analysis       

Frozen Food packaging market appears to be competitive with the presence of several large and small players operating in the Frozen Food packaging Market. These Key players compete based upon pricing, quality, Technology and reputation. Frozen Food packaging market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Frozen Food packaging market strive to respond to the growing demand for Frozen Food packaging. Rapid growth in the electronic sector is ultimately driving the demand of the Frozen Food packaging. The high-quality of packaging materials attracts more customers, having a positive impact on the global market. Presently, Frozen Food boxes are considered common and are a trusted mode of packaging to maintain the quality of the products until they reach their destination. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices. 

Driving Factors:

Rising demand to preserve milk in dairy shops will propel coolers demand over the projected timeframe. Diary companies are upgrading their existing capacities, and setting up cold storages along with the processing plant. This will generate the overall revenue over the forecast period. One challenge in the market is the volatility in raw material prices. The most common raw materials used in the manufacturing of packaged refrigeration, include aluminum, copper, and steel. These materials have volatile prices that affect the manufacturers, as well as the end-user segments. The expanding demand-supply gap in the last few years has led to the increase in the cost of raw materials.

Segments:

Global Frozen Food packaging Market is segmented in to three Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Packaging type: boxes, bags, tubs & cups and others

Segmentation by Application: Meat, poultry & seafood, fruits & vegetables, baked products

Others.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC

And Rest of the World.

Regional Analysis

With increasing disposable income and changing consumer preferences, there is seen an inclination towards the consumption of frozen meat, poultry and seafood products. The growth of the segment is propelled by consumer demand for frozen foods offering convenience and value along with quality improvements resulting from packaging innovations. There has been a steady rise in income levels in developing nations, recently, resulting in more disposable income among individuals. Developing countries such as China, India, Indonesia, Thailand, Vietnam, and Mexico have the largest disposable incomes, due to which there is a significant growth in the demand for efficient packaging of meat, poultry and seafood. The higher disposable income in these developing countries, result in the increase in purchasing power. As a result, frozen packaging market is expected to be impacted, positively.

Read More:

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https://www.scribd.com/document/473448777/Perfume-Packaging-Market-Research-Report-Forecast-to-2023

 

Perfume Packaging Market Research Report|COVID-19 Impact, Research Report- Forecast till 2023

 The perfume packaging market is expected to grow over the CAGR of around 5.9% during the period 2017 to 2023.

Market Highlights

Nowadays, the youth is more aware of personal grooming and are ready to experiment with new brands and products perfumes. Perfume is a blend of fragrant oils, aroma compounds and fixatives meant to produce a pleasant and soothing scent for humans. Increasing disposable income among individuals and change in lifestyle of consumers in emerging economies, are propelling the growth of perfume packaging market. However, increasing commercialization of perfume imitations is the factor that may hamper the growth of global perfume packaging market.

Perfume packaging market is projected to grow at a CAGR of 5.9% during the forecast period.

Market Research Analysis

Global perfume packaging market has been segmented based on perfume type, packaging material and region. On the basis of perfume type, the market is segmented into organic perfumes and synthetic perfumes. Organic perfumes are made from 100% naturally-sourced ingredients, usually plant- based, and are extracted without chemical intervention. A synthetic fragrance is made primarily with artificial compounds and materials. Demand for organic perfumes are high than synthetic perfumes due to the increase in health-conscious users. 

On the basis of packaging material, the market is segmented into glass, plastic, metal and paper. Glass material dominates the packaging material segment of the global perfume packaging market. Properties such as impermeable & nonporous make it chemically inert with the chemical composition of the perfumes. Hence it is preferred by many companies for the packaging of perfumes. Plastic material is expected to be the fastest growing material segment in global perfume packaging market. Properties such as light weight and easy to mold, attract the vendors to use plastic as a packaging material. 

Scope of the Report

This study provides an overview of the global perfume packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region.

The scope of the study segments the global Perfume packaging market by its perfume type, packaging material and region.

By Perfume Type

• Organic Perfumes
• Synthetic Perfumes

By Packaging Material

• Glass
• Plastic
• Metal
• Paper

By Region

• North America
• Asia-Pacific
• Europe
• Rest of the World  
  

Key Players

The prominent players in the perfume packaging market include E. I. du Pont de Nemours and Company (U.S.), Amcor Limited (Australia), SGB Packaging (U.S.), Cosmetics & Perfume Filling & Packaging, Inc (U.S.), , AptarGroup, Inc. (U.S.), Gerresheimer AG (Germany), B.I. Packaging  (China), Albéa Group (france), Guangzhou Jiaming Perfume Packaging Co. ltd. (China), Mei Yu Packaging (HK) Industrial Co., Ltd. (U.S.), and Arexim Packaging (Poland).

Read More:

https://qntjuo.prnews.io/211601-Global-Confectionery-Packaging-Market-Research-Report-Till-2021.html

https://www.spoke.com/topics/global-confectionery-packaging-market-research-report-covid-19-impact-research-report-forecast-till-2021-5f44c390349342a5e900c214

 

 

Transparent Barrier Packaging Films Market Research Report|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 The global transparent barrier packaging films market is expected to grow around 5.45% CAGR during the period 2017 to 2023.

Market Highlights 

The rapid growth with improving living standards and increasing consumption of packaged products in emerging markets is driving demand for the transparent barrier packaging films market. Transparent barrier films are replacing traditional materials which are used for various applications, due to consumer demand for packaging transparency and the use of metal detectors and microwave ovens. 

Market Research Analysis

The global transparent barrier packaging films market has been analyzed based on the three segments, namely material, end-users and regions. On the basis of material, the global transparent barrier packaging films market is segmented as polyvinylidene chloride (PVDC), ethylene vinyl alcohol (EVOH), polypropylene (PP), and others. PVDC segment accounted for largest market share in 2016. The popularity of PVDC film packaging in the food industry is due to its extended shelf life offering for food products, thus forming a major portion of food product manufacturers.

Based on end-users, the global transparent barrier packaging films market is bifurcated as food, healthcare, consumer goods and others. Transparent barrier packaging film is a preferred material for the packaging of meat, sausages, vegetable, and some beverages in the food industry. 

Scope of the Report

This study provides an overview of the global transparent barrier packaging films market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global transparent barrier packaging films market by its material, by end-users and regions.

By Material 

• 
  Polyvinylidene
• Chloride (PVDC)
• Ethylene Vinyl Alcohol (EVOH)
• Polypropylene (PP)
• Others 

By End-Users

• Food
• Healthcare
• Consumer Goods
• Others

By Region

• Asia Pacific
• North America
• Europe
• Rest of World

Key Players

The key players of the global transparent barrier packaging films market are Amcor Ltd. (Australia), Bemis Company, Inc. (U.S.), 3M Company (U.S.), Mitsubishi Plastic (Japan), AMPAC (U.S.), Berry Global, Inc. (U.S.), Innovia Films (U.K.), Toppan Printing Co., Ltd. (Japan), Daibochi Plastic & Packaging Industry Bhd (Malaysia), and LINPAC Group (U.K.).

Read More:

https://qntjuo.prnews.io/211574-Global-Tobacco-Packaging-Market-Research-Report-Forecast-to-2021.html

https://www.spoke.com/topics/global-tobacco-packaging-market-research-report-covid-19-impact-research-report-forecast-till-2021-5f44b98328331beeb101a2f6

 

 

Autoclave Indicator Tape Market Research Report|COVID-19 Impact, Research Report- Forecast till 2023

 Market Research Future analysis show that the global market of autoclave indicator tape market is estimated to grow at USD 808.2 Million by the end of year 2023.

Market Highlights

An autoclave chamber is capable of heating lab or medical devices above the boiling point. This process effectively sterilizes the instruments. Due to the high heat and pressure created in autoclaves during operation, proper loading and use must be followed to prevent burns and other accidents. Moreover, the easy maintenance of these ready-to-use and easy-to-use sterile instruments, and their long life, act as major driving factors for the market. Geographically, Americas are expected to be the largest market for autoclave by 2023. Apart from the significant investments made in the US, the growth of this market will be driven by investments in research facilities from Brazil, Chile, and Columbia. Autoclave Indicator Tape will grow in Asia-pacific region, with China and India expected to be the most promising markets.

Key Players:

The prominent players in the autoclave indicator tape includes – 3M (U.S), Spectrum Chemical Manufacturing Corp (U.S), Guangzhou Maidi Medical Co. Ltd (China), VWR (U.S), Medline Industries, Inc. (U.S), Narang Medical Limited (India), Komal Health Care Pvt. Ltd.(India), Anqing Yiren Medical Material Co., Ltd (China) and Thomas Scientific (U.S).

Market Research Future Analysis:

Market Research Future analysis show that the global market of autoclave indicator tape market is estimated to grow at USD 808.2 Million by the end of year 2023. Autoclaves provide a physical method for disinfection and sterilization. They work with a combination of steam, pressure and time. Autoclaves operate at high temperatures and pressure in order to kill microorganisms and spores. They are an economical way of sterilizing and decontaminating items. Because some materials present specific hazards such as generation of toxic and noxious gas. So, the autoclave indicator tape is designed to distinguish between processed and unprocessed items. Increased regulations and the requirement for proper sterilization in private clinics have given rise to the demand for sterilizers that are easy to use and maintain. North America is leading the market of autoclave indicator tape. The global autoclave indicator tape is expected to grow at CAGR of 5% between years 2017 to 2023.

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https://freepressreleasedb.com/pr/Frozen-Food-Packaging-Market-Research-Report-COVID-19-Impact-Outlook-and-Future-Scope-Analysis-Forecast-till-2021-PR152228/

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Meat, Poultry, Seafood Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 

The Meat, Poultry, Seafood packaging market is expected to grow over the CAGR of around 4.10% during the period 2017 to 2023.

Market Highlights

Meat, poultry & seafood packaging refers to surrounding or wrapping meat, poultry and seafood products with suitable protective material such as paper or synthetic films. The products can vary from fresh food, processed food and ready-to-eat products. The constantly increasing demand for processed food such as meat, majorly in the developed nations across the world and government initiatives towards food safety, are the factors driving the demand for meat, poultry, and seafood packaging. Additionally, rising income level of individual in developing countries result in the increase in purchasing power which is also expected to be impact positively on the market. However, increased costs of the final product may hamper the growth of the market.

Market Research Analysis

The market has been segmented based on material, packaging technology and application. On the basis of material, the market is segmented into plastic, paper, and aluminium. Plastic accounted for the largest market share of 58.48% in 2016, with a market value of USD 20,595.4 Million. The growth of plastic can be attributed to various factors such as average gains associated with the material over metals such as aluminium in terms of cost, weight and corrosion resistance. Paper was the second-largest market in 2016, valued at USD 8,972.1 million in 2016; it is projected to grow at a CAGR of 3.75%. On the basis of packaging technology, Modified Atmosphere Packaging accounted for the largest market share of 44.34% in 2016, with a market value of USD 15,614.1 million and is projected to grow at the highest CAGR of 4.35% during the forecast period.

On the basis of application, Fresh & Frozen Products accounted for the largest market share of 47.23% in 2016, with a market value of USD 16,632.7 million. The growth of the segment is propelled by consumer demand for foods offering convenience and value along with quality improvements resulting from packaging innovations. Processed Products was the second-largest market in 2016, valued at USD 11,307.5 million in 2016; it is projected to grow at a CAGR of 3.96%. However, Ready-to-Eat Products is projected to grow at the highest CAGR of 4.28%.

By Material

• Plastic
• Paper
• Aluminium

By Packaging Technology

• Vacuum Skin Packaging
• Modified Atmosphere Packaging
• Others

By Application

• Fresh & Frozen Products
• Processed Products
• Ready-To-Eat Products

Key Players

The key players of global meat, poultry, seafood packaging market report include- Bemis Company Inc. (U.S.), Berry Global Group, Inc. (U.S.), Sealed Air Corporation (U.S.), DuPont (EI) de Nemours (U.S.), Smurfit Kappa Group PLC (Dublin), Cascades Inc. (Australia), LINPAC Packaging Limited ( U.K.), Printpack, Inc.(U.S.), and Vector Packaging (U.S.).

Read More:

 https://www.docdroid.net/V6rn9n1/multi-med-adherence-packaging-market-research-report-global-forecast-to-2023-pdf

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https://docs.zoho.in/file/mgu3x1dcc19718e9848dd8e9a81195a9615e6

 

Multi-Med Adherence Packaging Market Research Report |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 The multi-med adherence packaging market is expected to grow at ~5.96% CAGR during the period 2017 to 2023.

Market Highlights

Improving medication adherence is the primary factor diving the growth of the market. Earlier, pill sorting, had traditionally been consuming and confusing. It simplifies medication programs. Multi-med adherence packaging helps patients take the right pills and the right dose, at the right time. It gives a visual indication of the tablets taken previously and your next dose, because each pack is labelled with the date, day of the week and time of administration. Additionally, continuous growth in the pharmaceutical industry is also fuelling the growth of multi-med adherence packaging. However, high lack of information among patients and even among individuals about multi-med adherence packaging may hamper the growth of the market.

Global multi-med adherence packaging market is projected to grow at a CAGR of 5.96% during the forecast period.

Market Research Analysis

On the basis of material, the market is segmented as plastic, paper and aluminum foil. Plastic accounted for the largest market share of 57.70% in 2016, with a market value of USD 210.5 million and is projected to grow at the highest CAGR of 6.48% during the forecast period. Different types of plastics such as polyethylene (PE), Polypropylene (PP), and polyvinyl chloride (PVC), are used. Plastic offers good visibility to the product and provides secure & attractive packaging. Additionally, it is durable, clean, lightweight, transparent, and cost-effective. Aluminum Foil was the second-largest market in 2016, valued at USD 93.4 million in 2016; it is projected to grow at a CAGR of 5.42%.

On the basis of end user, the market is segmented as retail pharmacies, hospital, and long term care facility. Retail Pharmacies accounted for the largest market share of 42.60% in 2016, with a market value of USD 155.4 million. Growing need to prevent dispensing errors, and thereby improving the operational capacity, are the factors driving the adoption of adherence packaging in retail pharmacies. Long Term Care Facility was the second-largest market in 2016, valued at USD 120.7 million in 2016; it is projected to grow at the highest CAGR of 6.29%.

Scope of the Report

This study provides an overview of the global multi-med adherence packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global multi-med adherence packaging market by its material, end user and region.

By Material

• Paper
• Plastic
• Aluminium foil

By Product

• Blister Cards
• Pouches

By End User

• Retail Pharmacies
• Hospital
• Long Term Care Facilities

By Region 

• North America 
• Asia-Pacific 
• Europe
• Rest of the World 

Key Players

The prominent players in the global multi-med adherence packaging market include Omnicell, Inc. (U.S.), Manrex Limited (Canada), Rx Systems, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Jones Packaging Inc. (U.S.), Global Factories Group (The Netherlands), Drug Package LLC (U.S.), TCGRx (U.S.), Parata Systems, LLC (U.S.) and others.

Read More:

https://uberant.com/article/898487-autoclave-indicator-tape-market-research-report-global-forecast-to-2023/ https://in.avalanches.com/pune__autoclave_indicator_tape_market_research_report_covid19_impact_bus723251_21_08_2020 https://diigo.com/0ib9uh

 

 

Stretch Packaging Market Research Report|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 The stretch packaging market is expected to grow over the CAGR of around 4.7% during the period 2017 to 2023.

Market Highlights

The growth in import export activities among the countries, increases the shipping of products, which drives the growth of the market. Stretch packaging is used to hold the loads and products together on a pallet for the purpose of transportation or storage. This packaging is transparent, which makes it suitable for retail & wholesale display, and ideal for general marketing purposes, due to its clear surface. These factors also impact the growth of the market, positively. However, the availability of cheap alternatives may hamper the growth of the market.

Stretch packaging market is projected to grow at a CAGR of 4.7% during the forecast period.

Market Research Analysis

Global stretch packaging market has been segmented based on material, application and region. On the basis of material, the market is segmented as Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), Poly vinyl chloride (PVC). Low Density Polyethylene dominates the material segment of the market. Majority of the end users use LDPE for stretch packaging. LLDPE is expected to be the fastest growing material segment. PVC is a dense material and is considered a common material in India, when clarity is an important selection criterion, particularly for consumer packaging.

On the basis of application, the market is segmented as food & beverages, industrial product, consumer product, and others. Food & Beverages segment dominates the application segment of the market. Increased consumption of food & beverages across the globe drives the demand of beverages.

Scope of the Report

This study provides an overview of the global stretch packaging market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global stretch packaging market by its material, product, application and region.

By Material

• Linear Low Density Polyethylene (LLDPE)
• Low Density Polyethylene (LDPE)
• Poly vinyl chloride (PVC)
• Other

By Application

• Food & Beverages
• Industrial goods
• Consumer Product
• Others

By Region

• North America 
• Asia-Pacific 
• Europe
• Rest of the World  

Key Players

The prominent players in the stretch packaging market include Bemis Company, Inc. (U.S.), Berry Global, Inc. (U.S.), Amcor Ltd (Australia), Sigma Plastics Group, Inc. (U.S.), AEP Industries Inc. (U.S), DUO PLAST AG (Germany), Unnati Industrial Corporation (India), U.S. Packaging & Wrapping LLC (U.S.), and Grafix Arts (U.S.).

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https://in.avalanches.com/pune_stretch_packaging_market_research_report_covid19_impact_business_re718515_20_08_2020

 

Shrink Packaging Market Research Report|COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 Overview

The global shrink packaging market is a very dynamic market and is expected to witness decent growth over the forecast period. The growth of market is enhanced by factors such as amplified consumption of meat and poultry and improved government policies regarding food safety. However, stringent regulations on packaging material waste and recycling is expected to hinder the growth of the shrink packaging market.  

The meat consumption has constantly seen rise in the U.S., European Union, and developed world. There is seen a swing towards poultry, and red meat. This represents the major proportion of meat consumed in the U.S. The demand for meat in developing countries remains moderate as the production and consumption of meat surges with swelling disposable income. There is seen a change in the dietary pattern in developing countries which is noticeable due to the high meat consumption. This drives the demand of packaging technology for the meat, poultry and seafood packaging which is a growing industry that utilizes the shrink packaging.

With the increasing acceptance of convenience shopping, the retail sector is mushrooming across the globe. The retail sector is flourishing, owing to factors such as positive demographics, rising consumer incomes and real estate developments, particularly the emergence of new and bigger shopping malls. With the emergence of consumerism, the retailer has to face a more knowledgeable and demanding consumer. This has elevated the demand for packaging across the fruits, vegetables, poultry, and meat products.

There is seen an intensifying role of government to ensure food safety. Government agencies are accountable for setting food safety standards, directing inspections, safeguarding the standards and making sure they are met, and also upholding a strong enforcement program to deal with those who do not obey with standards. The Food Safety Modernization Act (FSMA), enables the Food and Drug Administration (FDA) to guard public health by consolidation the food safety system. This also includes packaging and product information. Such policies push the demand for shrink packaging across the food industry for features such as extended shelf life, retaining taste, nutrition, and color along with other additional benefits. 

Competitive Analysis

Shrink Packaging industry has seen significant growth in last few years due to its application across industries, cost efficient solution and sustainable packaging solutions. The major players operating in this market, who have adopted expansion as their key startegy are Bemis Company Inc (U.S.), Berry Global Group, Inc. (U.S.), LINPAC Packaging Limited (U.K.), Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), DuPont (U.S.), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China) and others.

In 2016, Clysar in Pack Expo 2016 introduced with its new Shrink Packaging Solutions. It features new narrow-to-wide film widths, live shrink wrapping demonstrations, expanded shrink film selection and services, and updated website launch.        

Amcor Ltd. launched transparent packaging that enables consumers to see the product inside. This has been a growing trend in recent years. The company faced challenges of metal-free packaging. This was often not a practical option for products requiring an outstanding barrier. However they launched the product.

Berry Global Group, Inc. followed strategy of merger & acquisition and continued partnership & collaboration with major companies. This is line with expanding their current business network by forming economic value through mergers & acquisitions. This is focused on improving Berry’s long-term financial performance, improve market positions and expanding existing and complementary product lines. In 2015, Berry Plastics Group, Inc. acquired AVINTIV Inc. from private equity funds managed by The Blackstone Group LP for approximately USD 2.45 Million.

Regional Analysis

APAC is expected to show the fastest growth during the forecasted period due to the economic growth of China and India. The growing population of the region, along with positive disposable income and the demand for hygienic packaging of products are factors driving the growth of the shrink packaging market in this region.

China is estimated to grow faster than other countries in the region. It is due to upsurge in food consumption, quick migration in urban areas, and strengthening economy. China has been by far one of the largest consumer and producer of pork and has upheld self-sufficiency over the years. In 2016, The Ministry of Agriculture’s 5-year plan set the objectives of cumulative scale of utilizing hog waste, hog farms, shifting hogs away from cities improving cold chain, founding traceability, and increasing vertical coordination.

North America accounted for the second largest market share. According to the North American Meat Institute (NAMI), the meat and poultry is the largest segment of U.S. agriculture. The meat and poultry production in 2012 reached more than 93 billion pounds. There is an huge requirement for proper packaging of such products, which will safeguard longer shelf life of the meat products. For this reason, shrink packaging market is gaining traction in the U.S. region.

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Honeycomb Packaging Market Research Report |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 The honeycomb packaging market is expected to grow at ~ 6% CAGR during the period 2017 to 2023.

Market Highlights

Honeycomb packaging is made by conglutination of paper bands into series of hexagons that are similar to honeycomb structure, and are then sandwiched between two sheets. The properties of honeycomb packaging are low material consumption, low weight, difficult to deform, resistant to pressure, shock and bending, good cushioning performance, and recyclable. Increasing demand for lightweight, environment friendly, and low cost packaging by food and beverages, automotive, and other industries, is driving the growth of honeycomb packaging market.

Honeycomb structures are naturally occurring or man-made and have the geometry of a honeycomb. These are used between two thin sheets to make materials for honeycomb packaging. Honeycomb structures aid the material used in packaging in reducing density and increasing shear and compression properties. This enables in minimizing the material usage and maximizes strength. Honeycomb packaging is 100% ecofriendly, lightweight, shock absorbent, and does not change in dimensions with temperature variations. It provides advantages such as easy handling and transportation, easy disposal, and low cost.

Increasing demand for sustainable packaging by various industries such as automotive, furniture, consumer goods, and others, is the major growth driver for honeycomb packaging. Furthermore, the growing demand for e-Commerce sector owing to increasing utilization of smart phones, is propelling the growth of packaging industry, which in turn has augmented the growth of honeycomb packaging. However, increasing demand for flexible packaging is the major challenge to honeycomb packaging market. Stringent government regulations by U.S. Environmental Protection Agency and other regulatory bodies on the recyclability and environment hazards of the material used in flexible packaging such as plastic and aluminum, is expected to boost growth of the honeycomb packaging market as honeycomb packaging is made from environment friendly material.

The global honeycomb packaging market is expected to grow at ~ 6% CAGR during the forecast period.

Market Research Analysis

Exterior packaging and automotive sector are, expected to grow at the highest CAGR

Global honeycomb packaging market has been segmented based on packaging type, end-use industry and geography. Based on packaging type, it has been segmented as exterior packaging, interior packaging, pallets, and others. Exterior packaging is the largest packaging type segment in the market as it provides enhanced safety in product transportation and is easy to handle. Based on the end-use industry the market is segmented as automotive, consumer goods, food and beverages, furniture, industrial goods, and others. Protective packaging is an important part of the automotive supply chain. Honeycomb packaging is the effective method for packaging bulky products and automotive parts, as it offers enhanced safety.

Scope of the Report

This study provides an overview of the global honeycomb packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the honeycomb packaging market by its packaging type, by end-use industry and by region.

By Packaging Type

• Exterior Packaging
• Interior Packaging
• Pallets
• Others

By End-use Industry

• Automotive
• Consumer Goods
• Food and Beverages
• Furniture
• Industrial Goods
• Others

By Regions Type

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Key Players

The key players of global honeycomb packaging market are BASF SE (Germany), ACH Foam Technologies (U.S), DS Smith plc (U.K), HUHTAMAKI GROUP. (Mexico), Lsquare Eco-Products Pvt. Ltd. (India), Packaging Corporation of America (U.S), Sealed Air Corporation (U.S), Sonoco Products Company (U.S), Smurfit Kappa Group plc (Ireland) and WestRock Company. (U.S).

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Effervescent Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 Global Effervescent Packaging Market Overview

Effervescent tablets, powders and liquids demand a distinctive packaging to maintain product integrity. Special packaging is required to make sure that these products don’t encounter with external factors such as moisture, extreme temperatures, pollutants, etc. as such contact may cause the effervescent product to dissolve, change its properties and lose purpose of use.

According to a report published by Market Research Future (MRFR), the effervescent packaging market is steadily growing due to many factors including rising awareness and shift towards preventive healthcare, a fast-growing market for medical care, increasing popularity of fast dissolving medicine solutions, etc. This will drive the growth of research and development in the healthcare industry, invention of new drug formulas, and, in turn, drive the growth for effervescent packaging market around the globe.

Segmental Analysis:

The effervescent packaging market has been analysed on the basis of packaging type, product, application and region. Based upon packaging type, the effervescent packaging market has been further segmented into tubes, sachets, stick packs and others. The market has been segmented into tablets and powder, based on product type. On the basis of application, the effervescent packaging market has been segmented into pharmaceuticals, nutraceuticals.

The segment of tablets dominates the market based on product. The pharmaceutical and nutraceutical industries mainly deal in effervescent tablets to treat a wide variety of illnesses and deficiencies as effervescent tablets make the absorption of the required drugs easier. For patients with a swallowing difficulty, effervescent drugs can be a simpler way to get the required medication as the intake can be water based. These factors are bound to create higher demands for effervescent drugs in the pharmaceutical and nutraceutical industries, driving growth of the effervescent packaging market as well.

The segment of effervescent tubes is estimated to capture a larger market share, based on packaging type as effervescent tablet tubes are non-toxic and immune to microbiological attacks. An important factor of consideration when packaging effervescent tablets is maintaining a balanced humid atmosphere within the tube. Undue exposure to moisture can cause discoloration, dissolution and/or ineffectiveness of such tablets due to a high vitamin component in them. Therefore, tube-based packaging solutions are deemed promising for maintenance of the necessary conditions to preserve product effectiveness and durability.

Detailed Regional Analysis

Based on region, the effervescent packaging market has been segmented into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). The European region is dominating the segment for effervescent packaging market with countries like Germany, France, and the U.K. experiencing higher healthcare expenditure a rise in the government support for usage and promotion of effervescent drug-based treatment. North America being the second largest region in the market, is deemed to experience the highest CAGR during the forecast period. With rising consumer demand for preventive healthcare and rising budget allocations provided for the same, the market is expected to grow at a CAGR of 7.1% during the forecast period till 2023.

Key Players in the Industry:

Some of the prominent players in the effervescent Packaging market include Sanner GmbH (Germany), Romaco Pharmatechnik GmbH (Germany), Nutrilo GmbH (Germany), Unither Pharmaceuticals (France), Amerilab Technologies, Inc. (U.S.), Hebei Xinfuda Plastic Products Co., Ltd. (China), Parekhplast India Ltd. (India), Zhejiang Sorfa Life Science Research Co., Ltd (China), and GEA Group (Germany).

Industry Updates:

Sanner GmBH will present its broad variety of primary packaging solutions for effervescent products at PharmaPack Europe. The AdPack desiccant sachets made of Tyvek will offer an ideal combination of moisture protection, breathability and durability of effervescent tablets and powders.

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https://qntjuo.prnews.io/210293-Perfume-Packaging-Market-Research-Report-Forecast-to-2023.html

http://www.spoke.com/topics/perfume-packaging-market-research-report-covid-19-impact-outlook-and-future-scope-analysis-forecast-till-2023-5f3cf3a62c3329952a00b24f

 

 

 

 

 

 

Refrigeration Packaging Market Research Report|COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 The global market for global refrigeration packaging market is expected to grow at ~5.37%CAGR.

Market Highlights

The global refrigeration packaging market is a very dynamic market and is expected to witness high growth over the forecast period. With suitable protective materials such as paper or synthetic films, the products can vary from fresh food, processed food and ready-to-eat products. Various packaging technologies are used such as vacuum skin packaging and modified atmospheric packaging (MAP), which essentially removes atmospheric oxygen from the primary package being sealed. Oxygen has been identified as a primary source of most product degradation.

Changes in consumer preference for safe food have led to innovations in packaging technologies. The packaged refrigeration market is driven by various factors such as government initiatives for food safety, increase in demand for small portion food items/demand for single use packaging. Growth in retail sectors/increasing number of retails outlets, and increasing demand for processed food items, also drive the market growth. The refrigeration packaging market has various restraints such as inclination towards fresh cooked food and added costs of the final product.

One challenge in the market is the volatility in raw material prices. The most common raw materials used in the manufacturing of packaged refrigeration, include aluminum, copper, and steel. These materials have volatile prices that affect the manufacturers, and the end-user segments. The expanding demand-supply gap in the last few years has led to an increase in the cost of raw materials.

Market Research Analysis:

With busy consumer lifestyles and rising household incomes, more and more people are looking for convenient options that can fit around their hectic schedules. Technological advancements have enabled the flexible packaging companies with the ability to supply new film types and improved packaging designs, which helps protect, promote and store the product. Specifications such as printed films, re-sealable zippers, tear notch openings and single serve packing, have played a key role in enhancing this trend.

With increasing disposable income and changing consumer preferences, there has been an inclination towards the consumption of frozen meat, poultry and seafood products. The growth of the segment is propelled by consumer demand for frozen foods offering convenience and value along with quality improvements resulting from packaging innovations. There has been a steady rise in income levels in developing nations, recently, resulting in more disposable income among individuals. Developing countries such as China, India, Indonesia, Thailand, Vietnam, and Mexico have the largest disposable incomes, due to which there has been a significant growth in the demand for efficient packaging of meat, poultry and seafood. The higher disposable income in these developing countries, result in the increase in purchasing power. As a result, frozen packaging market is expected to be impacted, positively.

In this market study, analysts have estimated Asia Pacific to dominate the refrigeration packaging market during the forecast period. Factors such as the introduction of active and intelligent packaging solutions by vendors such as Amcor, and the growing demand for flexible packaging, will boost packaged refrigeration growth in this region during the forecast period.

Scope of the report

This study provides an overview of the global refrigeration packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Refrigeration Packaging market by its product and region.

By Packaging Material

• Paper & Paperboard
• Plastic
• Metal
• Others

By Packaging Type

• Boxes and Cartons
• Bags and Pouches
• Containers
• Bottle & Jars and Others

By end-user

• Residential
• Non-Residential

By Region

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Key Players

The key players of global refrigeration packaging market includes Amcor Limited (Australia),  Ball Corporation (U.S.), Bemis Company, Inc. (U.S.), Crown Holdings Incorporated (U.S.)., Graphic Packaging International, Inc.(U.S.), International Paper Company (U.S.), Pactiv LLC (U.S.), Sealed Air Corporation (U.S.), Sonoco Products Company (U.S.), and WestRock Company (U.S.)

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https://uberant.com/article/893061-honeycomb-packaging-market-research-report-global-forecast-to-2023/

https://uberant.com/article/893074-effervescent-packaging-market-research-report-global-forecast-to-2023/

https://in.avalanches.com/pune__aluminium_foil_packaging_market_research_reportcovid19_impact_outl711890_18_08_2020

 

 

 

Glass Container Market Research Report |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

  The glass container market is expected to grow at ~ 5% CAGR during the period 2017 to 2023.

Market Highlights

Glass is a recyclable material manufactured with raw materials that include sand, limestone, soda ash and other ingredients. Glass containers are made using processes such as blow-blow, press and blow, and narrow neck press blow (NNPB) - a recent innovation in glass manufacturing industry.

Glass is an unbeatable option as a packaging material supported by its superior attributes of sterility, reusability, chemical stability, durability, non-permeability and malleability. It is also hygienic, eco-friendly, and aesthetically pleasing. Key applications areas for this evergreen rigid packaging type include beverages, food products, pharmaceuticals, cosmetic, and chemicals. The growth in the market is driven by the rising consumption of alcoholic beverages and the increasing sales of beauty and personal care products in the emerging markets. Other important growth drivers include rising demand for healthy, ethnic and organic food products, and increasing emphasis on using eco-friendly recyclable material. With an unlimited recyclable life, glass ranks high on the parameters laid down for the environmental most desired packaging type. For every ton of recycled glass, a ton of natural resources are saved, while reducing carbon dioxide emission by a ton with every six tons of container glass recycled. 

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

Market Research Analysis

Glass bottles and beverage packaging segment are, expected to grow at the highest CAGR and hold the largest market share

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

Scope of the Report

This study provides an overview of the global glass container market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the glass container market by its design product type, by end-use and by region.

By Product Type

• Glass Bottle
• Glass Jars
• Glass Vials
• Candle Glass Containers

By End-use

• Cosmetics & Perfumes
• Pharmaceuticals
• Food Packaging
• Beverage Packaging
• Other Products

By Regions

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Key Players

The key players of global glass container market are Amcor Limited (Australia), Owens-Illinois Inc. (U.S.), Central Glass Co., Ltd. (Japan), BA Vidro, S.A. (Portugal), VIDRALA (Spain), Ardagh Group S.A. (Luxembourg), Hindusthan National Glass & Industries Limited. (India), Vitro, S.A.B de C.V. (Mexico), Consol Glass (Pty) Ltd. (South Africa) and Frigoglass (Greece).

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Canned Food Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 The global market for global Canned Food packaging market is expected to grow at ~4.01% CAGR.

Market Highlights

Canned food packaging is predicted to grow at a CAGR of 4.01% in retail volume during the forecast period due to increasing urbanization, rising disposable incomes, and growing demand for convenient products. Higher disposable incomes of middle-class consumers and high growth of modern retail are other factors driving the growth of the canned or preserved food.

Canned foods play an important role in the global food market. Convenience, easier opening, resealable and so on are driving the market growth. It can be preserved for months and continuing a trend toward cheap alternatives to chilled and frozen packaging. While offering the advantages of a long shelf-life and low prices, canned food suffers from a poor consumer perception of its healthiness and taste quality. Due to the growing consumer interest in consumption of fresh products with extended shelf life, manufacturers have to provide modern and safe packaging. It is a challenge for the food packaging industry and also acts as a driving force for the development of new and improved concepts of technology packaging. Therefore, packaging producers are looking for solutions that allow improving such properties of packaging materials as an adequate barrier to gases, UV protection, and extension of the storage period, transparency, and environmental performance. A recent study shows that worldwide sales within the canned food market are forecasted to reach nearly USD 50 billion over the forecasted period.

Market Research Analysis:

The global canned food packaging market is dynamic and is expected to witness a high growth over the forecast period. The canned food packaging market is driven by the recyclable and reusable properties of the cans, nutritional value and hygienic food process. growth in the busy schedules and hectic lifestyle, increase in the demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat are expected to propel the growth of global canned food packaging market. Geographically, the global canned food packaging market is significantly large in Europe and North America due to increasing per capita income and high consumer spending. Moreover, Asia Pacific is expected to be the fastest growing segment. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The rising food market enables the global players to introduce new products, expand to new regions, and develop new technologies. The Asia Pacific with developing nations is the most attractive market because of its inclination towards improvement in the quality of food. From the last few years, the demand for canned food has been increasing in the Asia Pacific region majorly due to the changing lifestyle and the increasing purchasing power.

Scope of the report

This study provides an overview of the global Canned Food Packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Canned Food Packaging market by its material, type of food product and region.

By Material

• Steel
• Aluminum
• Others

Type of Food Product

• Readymade Meals
• Meat
• Sea Food

By Region

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Key Players

The key players of global canned food packaging market include Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.), Silgan Holdings Inc. (U.S.), Rexam Plc. (U.K.), Toyo Seikan Kaisha Ltd. (Japan), Ball Corporation (U.S.), and Huber Packaging (Germany). 

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