Sachet Packaging Market: Global Industry Analysis and Opportunity Assessment 2017 – 2027

Over the years, sachets have been used by large brands for sampling, to facilitate the penetration of their products in different markets and especially for targeting economically underprivileged societies in emerging economies.Sachet packaging is a marketing strategy designed to cater to the economic underclass in emerging economies as they represent a significant fraction of the population. The fact that sachets are affordable for all sections help in rapid market penetration. According to different studies, sachet packaging has witnessed the peak of success in countries such as India and other Southeast Asian countries, where they account for more than 95% of industry sales in terms of volume and 60% in terms of value. In countries such as India, sachets are cheaper than bottles, leading to more people indulging in product trials using single use sachets.

In western countries however, the situation is the opposite. Sachets cost more than bottles, per ml, a phenomenon that is referred to as negative price-pack curve. Sachets are used as small quantity sampling packages, usually containing 3-5 ml of the product. The idea is for the consumer to try the product and move on to bottles or bigger pack sizes if the product is found satisfactory. However, in countries such as India, the prices are kept low by brands to increase penetration and to appeal to all classes of consumers. Low cost helps sachets account for a major share of the market and also ensure high penetration in countries such as India, with a primarily price-sensitive population. In addition, sachets present an airtight environment, which enables manufacturers to offer more natural and high quality fresh products and reduce the use of preservatives.

Stick packs as an alternative to sachets hampering market growth

The global sachet packaging market might potentially be challenged by the growth of alternative flexible packaging solutions that come in small pack sizes. Growth in the global flexible packaging industry has paved way for growth in demand for small pack sizes to suit consumer preferences for convenience packaging. In western countries, the growth outlook of the sachet packaging market is slower as sachets are used for a different purpose in developed nations. Barring India and a few other South East Asian countries, most other countries have higher per ml cost of sachets as compared to larger pack sizes. This results in lower CAGR. Apart from this, growth in demand for alternative packaging solutions such as stick packs is also high. There is high competition between stick packs and sachets. The competitive edge that stick packs have over sachets is lower material cost. It costs more to pack a sachet than a stick pack. Stick packs have also emerged as one of the ideal unit-dose packaging solutions that mainly target the millennial population.

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Similar to sachets, stick packs have also found applications in a variety of industries such as the food and pharmaceutical industries. Another advantage that stick packs have over sachets is the relatively low material requirement, which according to some studies, has been estimated to be around 40% less than the amount of material required to pack sachets for the same fill capacity. As the demand for flexible packaging continues to increase, the competition between sachets and stick packs is expected to become more intense, further hampering optimum growth of the sachet packaging market. However, this also presents an opportunity for sachet manufacturers to identify consumer needs and innovate accordingly to stay ahead of the competition.

Global Sachet Packaging Market Analysis by Pack Size

Globally, the 1 ml – 10 ml segment is anticipated to dominate the sachet packaging market by pack size. The most used standard size for sachet sampling and single use is 7.5 ml, which falls in the 1 ml – 10 ml range, making it the most attractive market sub-segment by pack size. The 1 ml – 10 ml sub-segment is anticipated to witness unprecedented growth over the forecast period, with a sharp rise by 350 basis points. The decline in the other segments can mainly be attributed to their size. Sachets have been largely considered for single dose applications. Larger sizes decrease that utility and therefore have been estimated to lose basis points.

Global Sachet Packaging Market Forecast

The global sachet packaging market is estimated to be valued at over US$ 7,000 Mn in 2017, and is forecasted to be valued at more than US$ 12,000 Mn by the end of 2027. This represents a CAGR of 5.8% during the forecast period of 2017-2027.

Asia Pacific region to demonstrate a strong showing in the sachet packaging market by the first half of the next decade

North America leads the sachet packaging market in terms of value and volume, owing to a highly saturated market and a large retail sector. However, APEJ region is anticipated to overtake North America and emerge as the market leader by the first half of the next decade. The global sachet packaging market is expected to witness sizeable demand mainly from emerging economies over the forecast period.

The rise in demand for single-dose packages in the pharmaceutical industry has fuelled the demand for sachets across the globe. In emerging economies, sachets are marketed to aid maximum penetration among all classes, mainly targeting the middle class. For instance, in India, shampoo sachet penetration is 95% by volume. In addition, by pack size, 1 ml – 10 ml quantity has been identified as the pack size with maximum usage across the globe. In regions such as North America and Western Europe, sachets are not used for the purpose of maximum penetration, but rather as a solution to cater to the demand for single-dose pack sizes or for product sampling purposes.

The APEJ region is anticipated to witness unprecedented growth in terms of both value and volume over the forecast period, clocking a market value CAGR of a stunning 9.1% and market volume CAGR of 8.6%. The APEJ market is estimated to grow 2.3x its current volume, outdoing the other regions. It is therefore expected that the industry outlook for the global sachet packaging market will remain largely positive over the forecast period.

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Growlers Market: Global Industry Analysis, Size and Forecast, 2017 to 2027

Packaging solutions are necessary in that they protect and preserve a product from any type of harm such as leakage, contamination, damage, etc. during the course of transit, consumption, and storage. Over the last few years, packaging solutions have grown in terms of appearance, features, colors and convenience. A growler is a type of vessel or container that is used to transport beer while also protecting it from degradation. These growlers are also described as simply air-tight jugs. They are becoming increasingly popular and are being widely used to bring the craft beer experience home. The sudden increase in demand for craft beer over the past years has brought many changes to society. The amendments made in state laws created the brewpub culture, which in turn, made growlers an essential accessory for craft beer lovers. These growlers are available in different colors, materials, and features.

Growlers Market – Market Segmentation:

The global growlers market is segmented on the basis of material type, opening type, capacity type, and sales channel type. On the basis of material type, the global growlers market is segmented into stainless steel, glass, polymer, and ceramic, wherein the glass is further segmented into clear glass and amber glass. Stainless steel growlers have gained traction as these are quite durable and also keep beer cold for longer periods. The ceramic based global growlers market is expected to account for less market value and volume share due to its high cost and very low availability. On the basis of opening type, the global growlers market is segmented into the twist-up cap, flip top cap, and others. On the basis of capacity type, global growlers market can be segmented into 32oz, 64oz, 128oz, and others. The 64oz based growlers have a huge demand in the global growlers market. On the basis of sales channel, the global growlers market is segmented into online sales, supermarket / hypermarket, independent stores, and beer breweries. Beer breweries are expected to account for a significant market volume share. Online sales are expected to gain a higher market value share due to the growth of e-tailing which has enabled wider availability of growlers in terms features and design.

Growlers Market – Market Dynamics:

One of the significant factors that will contribute towards the growth of the global growlers market is the growing demand for craft beer consumption. Since growlers are primarily made for craft beer consumption, this particular trend will impact the demand positively. Another important factor that will contribute to the growth of the global growlers market is that beer can now be easily transported and with the same freshness and taste as the original with the help of air tight jugs. Moreover, these jugs provide drinkers with the facility of adjusting the quantity of beer poured. Yet another reason that will add to the growth of the global growlers market is that some states have now created laws that allow growler filling facilities at places other than bars and breweries. Adding to this is the environmental sustainability aspect — the reusable nature of growlers is expected to drive the growth of the global growlers market. However, the large consumption of packaged beer in bottles and cans is expected to hamper the growth of the global growlers market. Moreover, the demand for bottles and cans is expected to grow due to growing brand consciousness amongst people and brand loyal beer drinkers who end up purchasing the same beer. Furthermore, the low availability of growler filling stations is still expected to hinder the growth of the global growlers market as these growler filling stations require long term huge investments.

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Growlers Market – Regional Outlook:

Geographically, the global growlers market can be segmented into North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). The growth of the global growlers market is expected to witness a healthy CAGR over the forecast period of 2016-2024. Given the high consumption of beer, North America and Europe are expected to be the biggest contributors to the global growlers market in terms of value and volume. Moreover, the availability of breweries and bars along with filling stations in places such as supermarkets, restaurants, etc. will also be a contributing factor for the North American and European region. Furthermore, India and China are expected to account for a significant market volume share in the Asia-Pacific region. This trend of increasing beer consumption is gaining huge traction among these lucrative economies and is expected to drive the growth of the global growlers market.

Growlers Market- Major Players:

Some of the major players identified across the globe in the growlers market are Michigan Beer Growler Company, DrinkTanks, Beer City Glass, PORTLAND GROWLER CO., Glass and Growlers, Goose Creek Growler Company, GrowlerWerks, Inc., Tote Glass, Inc., The Cary Company, and DISTRIMATICS, USA.

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Fig Ingredient Market: Global Industry Analysis and Opportunity Assessment 2017-2027

Fig is a fruit of ficus carica, an Asian species of flowering plant comes from mulberry family which is known as common fig. it’s the native fruit of Asia and Middle East. It’s been grown since ancient days both for its fruit as well as the plant itself. Now a day demand for fig ingredients is increasing, because of which fig plant is cultivated throughout the world. Fig plant is one of the oldest plant cultivated by Homosapien. Figs generally are sweet in taste and has a chewy texture. Fresh figs are soft and perishable and at times to preserve it for longer duration of time it is dried. Common Figs are generally found in rocky areas above the sea level of 1,700 meters and can be grown in poor soil. It is grown in the hilly areas of India as well, most commonly found in Pithoragarh, Kumaun hills.

Market Segmentation of Fig Ingredients:

Fig Ingredient is segment on the basis of application, form and region. On the basis of application fig ingredient market is segmented into food and cosmetic & personal care products. The food segment is further divided into sub segments that is bakery, confectionary and dairy products. The cosmetic & personal care products are further sub segmented into face wash, face moisturizer, body scrub and perfumes.   Among all these segment food segment is expected to grow enormously in the coming future. The demand for fig ingredient is more due to the ease of availability of product to the consumer. On the basis of form thefig ingredient market is segmented intopowder and paste.Fig Ingredient are available in various forms but the most popular form is the powder form. Fig Ingredient has special properties which provide various health benefits such as anti-oxidant properties, acts as a superb prebiotic and has the ability to maintain good digestive system.On the basis of region fig ingredient market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan.

Market Regional Outlook:

Regional segment for the market of fig ingredient is divided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment MEA is expected to have the major market share globally, as it is the largest producer and consumer of fig ingredient. In terms of revenue Asia Pacific may be the second prominent contributor in thefig ingredientmarket.

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Market Drivers:

Fig is not only a rich source of calcium but it also exhibits some special properties such as helps to keep calcium in bones, reduces the risk of osteoporosis and helps to lower down the cholesterol level of the body. Fig ingredients also contain oxalates at high level and helps in the prevention of colon cancer and hypertension.The rise in demand for anti-ageing cream is also expected to drive the growth of global fig ingredientmarket.  Research have shown that fig ingredient helps in the nourishment of the intestine as it is a natural prebiotic and act as a natural laxative.Moreover, the market is also driven by the increasing awareness among the consumers about the health benefits associated with fig ingredients. Fig ingredients is used as treatment for diabetes, cough, piles, asthma, whooping cough and bronchitis. Although fig ingredient market is growing at a steady pace yet it may have some restrain such as consuming too much fig is not recommended by the doctors as too much consumption may cause diarrhea. Furthermore high content of sugar may also cause tooth decay and chemical present in the fig may also cause allergy to some people.

Market Key Players:

Some of the key players in fig Ingredient market areGo Figa, Diptyque, Tuscan Fig, Pixi Beauty, the body shop, Marc Jacobs, TABLE TOP GARDEN, Rutherford Meyer, the goods,Stonewall Kitchen, deliver gourmet food,Newman’s Own, Dairy Farmers, Rosebud Preserves Ltd and Gippsland Dairy among others.

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Gift Cards Market: Introduction of Lottery Retail Gift Cards is the Newest Trend in the North America

Some of the leading players operating in the global gift cards market are Qwikcilver Solutions, InComm, National Gift Card Corp., Gyft, Edge Loyalty Systems Pty Ltd., and Blackhawk Network Holdings, Inc, which are offering open loop gift cards for a variety of needs for various end uses, observes Persistence Market Research (PMR). Several of these players are focused on unveiling innovative services to facilitate businesses in the adoption of gift cards for loyalty, incentive, and reward programs, in a move to stay ahead of others. Other companies at the forefront of the global gift cards market are Wal-mart Stores, Inc., Target Corporation, Starbucks Corporation, and Apple Inc.

A number of players hope to capitalize on vastly emerging opportunities from the advent e-commerce and m-commerce technologies, and entering into retail partnerships, in order to consolidate their presence in major regions. According to PMR, the current valuation global gift cards market exceeds US$307 Bn and is projected to expand at a CAGR of 10.79% from 2016 to 2024. The market is predicted to reach a worth of US$698 Bn by the end of the forecast period.

Based on type of card, the universally-accepted open loop-gift card dominates the global market and the segment is projected to rise at a robust CAGR of 20.7% during the forecast period. The vastly rising demand for these cards, vis-à-vis expected decline in demand for other cards, is attributed to their benefits such as near-universal acceptability across businesses and the versatility of options customers and merchants have with this card. At present, regionally, North America dominates the global market as it held the major share. However, by the end of the assessment period, Asia Pacific (APAC) is anticipated to emerge as the leading market, accounting for around 33% of the global revenue share.

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Flexibility and Versatility of Cash to Offer Compelling Propositions for Business Adoption

The growing demand for gift cards among corporates and businesses at large is a key factor driving the market. The wide acceptance of gift cards among consumers is attributed mainly to the number of benefits these have and the versatile options they offer, notably acting as more compelling as cash benefits. World over, the soaring popularity of gift cards as corporate incentives is a key factor boosting the market. This is driven by the proposition than they are more effective than cash for awarding achievers in organizations, offering the flexibility and versatility of cash, along with the ease of use. Furthermore, their worldwide acceptance is fueled by them acting as a memorable incentive for employees, thereby improving the work compensation.

The wide desirability of gift card programs among businesses, notably among retail stores and special-service businesses, as potential marketing tools helps them in improving brand awareness and attracting new customers, apart from boosting sales. The advent of electronic gift card has substantially reduced the options of fraud, which bodes well for the market.

Burgeoning e-Commerce to Provide Robust Fillip

The demand for closed loop gift cards of various types is expected to witness a decline in the coming years, which is a key constraint likely to hamper the growth of the overall market. On the other hand, the rising popularity of open gift cards, largely on the account of universal acceptability, is a key factor expected to accentuate the worldwide market. A burgeoning retail sector, especially organized retail market, in a number of emerging economies in developing regions, notably APAC, is a prominent trend bolstering the demand for gift cards. The cropping of retail stores and supermarkets in these regions has further stoked the demand. The ease-of-shopping brought about the wide popularity of m-commerce, coupled with the cheaper availability of internet plans, and the proliferation of mobile apps are crucial factors catalyzing the growth of various regional markets.

The advent on innovative features in gift cards is a key factor that is anticipated to unlock exciting opportunities for market players in various regions. The rise in discretionary spending on shopping across a burgeoning middle class of populations in various developing regions is a key trend accentuating the overall market. The recent introduction of gift cards in lottery games has enhanced the flexibility and offered the combined benefits of entertainment and convenience, thereby revving up revenue and reaching new customers. This is a prominent trend observed in North America gift card market.

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Cyber Security Market: Services Segment Projected to be the Most Attractive Segment by Component During 2017 – 2025

The global cyber security market displays a highly fragmented competitive structure, states Persistence Market Research (PMR) in a new research study. IBM Corp., Lockheed Martin, Microsoft Corp., Intel Corp., Symantec Corp., Secureworks, Verizon Communication Inc., Check point software technologies, Sophos, and Trend Micro have surfaced as the leading vendors of cyber security solutions across the world. These players are equipping their products with cutting-edge technologies in order to expand their consumer base. Over the coming years, they are likely to gain from the advent of Internet of things (IoT) and the augmenting demand for next generation security solutions across the world, reports the study.

According to PMR’s estimations, the global market for cyber security was worth US$76.40 bn in 2016. Researchers expect the market’s opportunity to progress at a healthy CAGR of 12.0% during the period from 2017 to 2025 and reach a value of US$205.81 bn by the end of the period of the forecast.

Rising Usage of Cloud-based Services to Boost Market’s Growth

The significant rise in the usage of cloud-based services for a number of workloads, such as data backups, CRM, ERP, email services, and collaboration services, is projected to drive the growth of the global market for cyber security in the near future. As cloud-based services are relatively less expensive – they do not need advanced IT infrastructure to operate – their demand in small- and mid-sized enterprises have increase. However, cloud-based services are vulnerable and can be easily accessed by any unauthorized party. Thus, many enterprises have begun adopt cyber security solutions in an effort to secure their data and information on the cloud without any risk, which is likely to propel this market substantially in the years to come.

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The increasing trend of digitization is another important factor that is likely to boost the worldwide market for cyber security over the next few years. Since digitization is constantly creating a possibility of new cyber threats, enterprises, are compelled to take up cyber security solutions in a bid to ensure that security of their critical data and information. This, as a result, will add to the growth of this market over the next few years, states the research report.

Cyber Security Software to Continue on Top

The demand for cyber security software, such as end-point security, identity and access management, and security and vulnerability management, is much higher than cyber security hardware or cyber security services. Rising at a CAGR of 11.70% during the period of the forecast, the cyber security software segment is expected to report significantly high revenue by 2025, ensuring its continued dominance.

Regionally, North America has surfaced as the key contributor to the worldwide market for cyber security, thanks to the presence of the leading players. The regional market is anticipated to remain seated on the top position over the next few years. However, Asia Pacific, owing to the rising uptake of cyber security technologies, is predicted to emerge as the most promising regional market among all in the years to come, reports the research study.

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3D-Printed Electronics and Fabrication Market: Global Industry Trend Analysis and Forecast 2017 – 2025

Additive manufacturing i.e. 3D printing is a process of making three-dimensional physical objects from a digital copy. It is achieved by layering down successive layers of material until the product is complete. Each of the layers can be considered a thin horizontal cross-section of the final product. It has applications in a diverse range of industries like medicine, aerospace & defence, and oil & gas. 3D printing uses materials like metals, metal alloys, thermoplastics, glass etc. An area which has great potential in the future is the 3D printed electronics and fabrication market. 3D printing generated a huge amount of hype in 2012 with the introduction of the world’s first consumer 3D printers. The year 2016 is anticipated to augment the arrival of new printers capable of working with conductive and insulating materials. This will eventually allow the full-fledged maturation of the 3D printed electronics and fabrication market. 3D printing has already been used to print resistors, capacitors, sensors, antennas, film transistors, and circuits and the size of the industry is only expected to grow in the future.

3D-Printed Electronics and Fabrication Market Drivers

3D printing is well suited for mass producing devices in small batches. That is why it can utilised to great effect in the optoelectronics industry in particular. A major driver is the increasing customer demand for customised products suited to their needs, including in the electronics industry. Modular smartphones where one can change specific parts of their phone like the camera or back panel are the best example of this kind of innovation in the industry. This also enables manufacturers to help their devices stand out amidst cutthroat competition in the electronics and fabrication industries. The Internet of Things (IoT), a globalised interconnected and interdependent world are anticipated to be some of the biggest drivers of the 3D printed electronics and fabrication market.

3D-Printed Electronics and Fabrication Market Restraints

There are a few challenges to the 3D printed electronics and fabrication market – cost, production speed, materials and reliability being a few. The price of an average 3D printer starts from approximately $500,000. This is a sizeable investment that only makes it affordable for global electronics companies. 3D printers also take several hours if not days to create a final product. This can be very disadvantageous in any fast-moving industry like consumer electronics, where a product can become outdated in as little as one month and companies need to constantly innovate to stay ahead of the competition. The materials used in the 3D printed electronics and fabrication market are still very limited as compared to those available with traditional manufacturing because of the inherent limitations of 3D printers themselves. This reduces the opportunity for innovation. Lastly, 3D printing is still nowhere near as reliable as traditional manufacturing and this can be a major cause for concern for electronics manufacturers where the reliability of their product is often a major unique selling proposition.

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3D-Printed Electronics and Fabrication Market Key Regions

The bulk of manufacturing electronics takes place in East Asian countries like China, Japan, Taiwan and South Korea and thus they are also the largest 3D printed electronics and fabrication market. There is an abundance of both skilled and unskilled labour in these countries, a well-developed electronic component ecosystem along with strong government support for these two industries. Hence, they are expected to remain the largest market for the foreseeable future. However, manufacturers would be advised to focus their attention on the South-east Asian 3D printed electronics and fabrication market in the coming years.

3D-Printed Electronics and Fabrication Market Key Market Players 

Some players involved in the 3D printed electronics and fabrication market are ThinFilm Electronics ASA , PARC, Inc. ,BASF SE , GSI Technologies, Enfucell OY , Molex, Inc., E.I. DuPont de Nemours & Co. NovaCentrix , E Ink Holdings Inc., YD Ynvisible, S.A., T-ink, Inc. ,Optomec, and Ceradrop.

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Quantum Sensors Market: Defense Industry Vertical Segment to Increase at a Relatively Higher CAGR

Global quantum sensors market is expected to witness steady revenue growth during the forecast period. This growth is attributed to increasing adoption of quantum sensors in verticals such as defense, oil & gas, transportation, and construction. Persistence Market Research has come up with a new report, “Quantum Sensors Market: Global Industry Analysis and Forecast (2016–2025),”which offer key insights of the global quantum sensors market to the audiences. This report has revealed some interesting facts about the market opportunities across several applications of the global quantum sensors market. Global quantum sensors market was valued at US$ 228.7 Mn in 2016 and is projected to reach US$ 329.4 Mn by 2025 end. The market is expected to expand at a moderate rate of CAGR 4.3 % during the projected period, i.e. 2016-2025. The focus of this report is on quantum sensor providers who work with leading research institution to drive the market commercialization of technologies being developed in the industry.

Global Quantum Sensors Market: Opportunity Analysis

• The global quantum sensors market will experience a surge in demand of atomic clocks to improve the accuracy of time sensitive signals, as IoT applications such as autonomous cars and drones reach their maturity and start demanding higher accuracy from GPS devices.
• GPS systems are inherently dependent on precise calculations of timing for efficient communication between the GPS using device and the satellite providing GPS co-ordinates.
• The usage of fossil fuels is increasing with urbanization, as more and more people prefer air travel and personal vehicles. Providing ample fuel to support the growing demand is emerging as a primary challenge for the oil & gas industry.
• Gravity sensors will bring considerable accuracy in the process of ground scanning for oil drilling and extraction. Quantum gravity sensors will help drillers to get a clear picture of what is under the ground helping them discover pockets of crude oil left undiscovered with the usage of classical methods

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Global Quantum Sensors Market: Forecast by Type

The type segment of the global quantum sensors market includes atomic clock, gravity sensor, magnetic sensor, rotation sensors, imaging sensors, and temperature sensors. Among type segments, atomic clock segment is expected to dominate the global quantum sensors marketwith US$ 127.8 Mn revenue in 2025. Atomic clock segment is expected to gain significant traction throughout the forecast period. Gravity sensors segment is also expected to register steady increase in Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 4.7% during the forecast period.

Global Quantum Sensors Market: Forecast by Industry Vertical

This segment is consists of defense, oil & gas, transportation, construction, medical and healthcare, IT & telecommunication, agriculture, and others. Among industry verticals, defense segment is anticipated to expand at a CAGR of 5.3% during the forecast period. The defense segment is likely to be valued at 101.7 Mn in 2025.

Global Quantum Sensors Market: Forecast by Region

Europe global quantum sensors market is expected to witness relatively high growth rate over the forecast period. Revenue from the global quantum sensors market in North America and Europe collectively accounted for over 60% of the global quantum sensors marketrevenue in 2016. Market in Asia Pacific is expected to witness moderate growth rate over the forecast period. Europe market accounts for the largest share in the global quantum sensors market and is expected to lead the market in future. In 2016, Europe quantum sensors market was valued at US$ 73.7 Mn and is expected to reach US$ 111.8 in 2025 with a CAGR of 4.9%.

Global Quantum Sensors Market: Competitive Landscape

Key players in this niche market include Muquans SAS, Microsemi Corp., AOSense, Inc., GWR Instruments Inc., Oscilloquartz S.A., MSquared Lasers Ltd., Cryogenic Limited, Supracon AG.

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