Vertical Forming, Filling & Sealing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2027

Packaging is the technology of protecting and safeguarding the products for distribution, storage, and sale. Packaging machines are thus in high demand as they are used to pack and protect the broad range of commercial products including food, drinks, and various other products. Vertical Forming, Filling & Sealing machine also known as vertical forming filling and sealing are complicated, flexible and versatile machines used in the packaging industry for various types of dry, solid and liquid products.  The vertical form fill and seal machines facilitate the user to have a vertical packaging system in the forms of the tube, pouch. It fills the bag with the product and finally seals the pouch. They are used in vegetables, frozen shrimp, coffee, insecticides, and pesticides and other.

Request Sample Copy of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24344

Global Vertical Forming, Filling & Sealing: Market Dynamics

The vertical forming, filling and sealing machines are the popular type of packaging machines widely used in the various industrial application. Various factors that fuel the market growth includes its wide range of applications, its speed of packaging, easy and convenient changeovers, reliability and low maintenance and operational cost. The other factors include software oriented operation, increasing demand from the food and beverage, chemicals and personal care industries, growing demand for the packaged consumer products, and growing flexible packaging industries that propel the vertical forming, filling and sealing machine markets.

However, the factors such as the cost of vertical forming filling and sealing machines especially for continuous vertical forming filling and sealing machines, losses caused during size changes, and machine maintenance affects the global market growth of the vertical forming, filling and sealing machines. Other factors such as products to be packed and production time all are considered while purchasing the machine and thus affect the overall market growth. The risk of mis-purchase has been increased due to technological advancement in the machine operations. All the above factors are expected to influence the total consumption of the vertical forming filling and sealing machine market at the global level during the forecast period.

Global Vertical Forming, Filling & Sealing: Segmentation

Based on types of vertical forming, filling and sealing machine, vertical forming filling and sealing machine is segmented into

• Intermittent motion machines
• Continuous motion machines

Based on End-use, vertical forming filling and sealing machine is segmented into

• Food & Beverages,
• Personal Care,
• Pharmaceuticals
• Chemical
• Agriculture

Based on functional areas, vertical forming filling and sealing machine is segmented into

• Mixing weighing and dosing
• Forming
• Feeding, aligning and registration
• Closing, sealing, and cutting

Based on machine formats, vertical forming filling and sealing machine is segmented into

• Single lane
• Multi-lane
• Exposed or open and closed machines

Based on product usage, vertical forming filling and sealing machine is segmented into

• Bulk goods
• Powders
• Grains or granulate
• Liquids

Global Vertical Forming, Filling & Sealing: Segment Overview

There are two types of Vertical forming filling and sealing machines in which intermittent motion machine works on dual seal formats. When the film is moving, intermittent seals vertical bags and when it stops, horizontal bag seals are made. It is majorly used in seafood. It can weigh semi-moist foods and snacks. Whereas, continuous motion machine made both vertical and horizontal bags when the film is in motion. Based on the functional uses, the vertical forming, filling and sealing motion is segmented into four areas. It includes mixing, weighing and dosing the product into the pouch or bag, forming the pack to be packaged depending on the nature of the product, feeding, aligning and registering the product package, closing, sealing and cutting the material used in the packaging process. By its machine formats, the vertical forming, filling and sealing machine is divided into single, multiple lanes and open and closed machines. Single lane machine format is used for various sizes of pouches or bags as it forms single pouch during each cycle.

Multi-lane format machine creates multiple pouches in each cycle. It is used for multiple small packets such as small salt and sugar packets. And the open and closed machine format. Based on end-use industries, the vertical forming, filling and sealing machine is used in food and beverage industries for tea, sugar, wafers, and candies. For fresh vegetable packaging and pouches for sauces and detergents. The vertical forming, filling and sealing machine is also used in chemical and pharmaceutical industries for various packaging purposes. Based on the products to be packaged, the vertical forming, filling and sealing machine is used for packaging of bulk goods such as nuts and cookies. For powdered goods such as coffee, for grains and granules such as detergents, and tea and liquids such as ketchup, and gel.

Global Vertical Forming, Filling & Sealing: Regional Overview

The global vertical forming, filling and sealing machine market is majorly divided into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Japan and the Middle East and Africa. The vertical forming, filling and sealing machine market is expected to gain traction in Asia Pacific market owing to heavy industrial investment in food and beverage industries in the regions such as China and India. The growing demand for the multipurpose packaging bags and machines triggers the growth of vertical forming filling and sealing machine in this area. Asia Pacific thus is expected to dominate the vertical forming filling and sealing market with significant CAGR during the forecast period. North America and Europe are also contributing the significant share in the global market growth of the vertical forming filling and sealing and is expected to remain in the prominent market for the forecast period.

Global Vertical Forming, Filling & Sealing: Market players

Some of the prominent players of the global vertical forming, filling and sealing machine market includes Robert Bosch GmbH, SACMI FILLING S.P.A., Haver & Boecker OHG, Rockwell Automation Inc., Viking Masek Global Packaging Technologies, Nichrome Packaging Solutions

Read More

Pallet Shrink Film Packaging Market – Influential Factors Determining the Trajectory of the Market

Among the packaging industry, flexible packaging is one of the fastest growing segments and is widely replacing rigid packaging segment for various applications. One of this types of flexible packaging is the shrink films which are highly used across the supply chain. Manufacturers usually use Shrink films packaging to stabilize heavy and unstable load types that are placed on pallets. Shrink wraps/films are loosely covered around a product/loads which are placed on pallets & then this film shrinks tightly when exposed to heat.

Request Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24653

Shrink films are heated with the use of heat gun that releases hot air or in another case, shrink packed products are passed through shrink tunnels. Pallet shrink film is usually made from polyolefin plastics. Pallet shPallet Shrink Film Packaging Market rink film is typically employed to protect products from external factors such as dust and thus firmly combine smaller objects together. Pallet shrink film is widely used for covering foods & beverages across the globe and is also used for packaging of consumer products, pharmaceuticals, and other industrial products.

Pallet Shrink Film Packaging Market: Drivers and Restraints

The market for pallet shrink film is anticipated to be driven by growth in the consumption of packaged food and beverages products across the globe. Pallet shrink films are weather resistant, provides the least amount of packaging damage during logistics and transportation are also breathable in nature. These all factors appeal the manufacturers across the globe to use pallet shrink films/wraps and thus drive the growth of the global pallet shrink film packaging market.  However, higher machine cost used in heating shrink films is the major drawbacks of pallet shrink film. Moreover, Biodegradability has arisen as environmental challenges thus hampering the growth of pallet shrink film market to a great extent. As a result, promotion of bio-based materials by governments of various countries has emerged as an opportunity to develop biodegradable pallet shrink film for market players.

Pallet Shrink Film Packaging Market: Segmentation

The pallet shrink film packaging market is segmented as follows

On the basis of product type, the pallet shrink film packaging market is segmented into:

• Polyolefin plastics
• Linear Low Density Polyethylene (LLDPE)
• Low Density Polyethylene (LDPE)
• Polyvinyl chloride (PVC)
• Polypropylene (PP)
• Others

On the basis of applications, the pallet shrink film packaging market is segmented into:

• Food & Beverages packaging
• Industrial/bulk product packaging
• Pharmaceuticals packaging
• Consumer product packaging
• Others

Pallet Shrink Film Packaging Market: Regional Overview

Geographically, the pallet shrink film packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The pallet shrink films markets in Europe and North America are rather in a mature stage and are thus likely to lose a considerable share of the global market to Asia Pacific. Key players that currently operate in developed shrink films packaging markets such as Europe and North America are focusing on APAC to grow in revenue by optimally utilizing the resources available in India and other ASEAN countries at a very low rate.

The Asia-Pacific market is projected to develop as the most lucrative market for the growth of shrink film packaging. Asia Pacific region offers lucrative opportunities for players that operate in the manufacturing of pallet shrink films as a result of the rise in investments in the manufacturing sector, increasing disposal income with growing urbanization. This increase is also attributed to the growth in the packaging of food & beverages, consumer products, Electronic appliances and pharmaceuticals products from the developing economies such as India and China.

Latin America and Middle-east & Africa region are expected to show a positive rate of growth over the forecast period. Higher demand for packaging for food and beverages products, industrial goods, pharmaceutical etc. are some of the primary reason for the growth of pallet shrink film packaging market in this region.

Overall, the pallet shrink film packaging market is estimated to witness a healthy CAGR over the forecast period.

Pallet Shrink Film Packaging Market: Key Players

Some of the key players that operate in the pallet shrink film packaging market across the globe are AEP Industries Inc., Bemis Company, Inc., Amcor Limited, Coveris Holdings S.A., Sigma Plastics Group, Inc., DongGuan HuaYu Packing co., Ltd., Grafix Arts. Clondalkin Group Holdings BV and Berry Global, Inc.

Read More

Peelable Caps Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

Packaging acts as the source of primary protection for the products and have also become a medium for attracting consumers. Peelable caps are the packaging solutions which acts as a protective barrier enhancing the leak proof property of the packaging. It is applied without or in addition to other capping solutions like screw caps. Peelable caps also serves the function of branding by providing surface for attractive printing and embossing for various food and beverage products such as milk, curd, and yoghurt, etc. that are mostly packed in cups and bottles and hence requires a lid. The cups and bottles used for the packaging of food and beverage products are made from paper, plastics such as PP and PET, glass, ceramics, etc. The peelable caps are easily applied on these materials and are easy to peel off thereby enhancing user’s comfort. Owing to these user friendly features and cost effectiveness, the market for peelable caps is expected to grow in terms of value and volume between 2017 and 2027.

Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24656

Peelable Caps Market – Dynamics

The food and beverage industry across the globe have shown a continuous growth over the past few decades resulting into increasing demand for allied products like peelable caps throughout the forecast period. Peelable caps besides providing primary protection to the product is also consumer friendly when it comes to opening of the packaged food. It is featured with easy to pull tab that facilitates easy peeling off the cap. The peelable caps are designed to facilitate easy peeling off of the cap making it easier for the end user to open the packaged product leading to its globally increasing demand. The factors that are expected to drive the market of peelable caps include its cost effectiveness, applicability on various packaging materials like paper, plastic, glass, ceramic, etc and end user friendly feature.  Due to this industry favorable features the food and beverage industry are intended to make use of the peelable caps in most of their packaging solution resulting in increasing demand of the peelable caps thereby creating more opportunities for the peelable caps market over the forecast period.

Peelable Caps Market – Segmentation

The peelable caps market is segmented as follows:

On the basis of material type, peelable caps market is segmented into:

• Paper
• Plastic
  • PET
• Metals
  • Aluminium

On the basis of product type, peelable caps market is segmented into:

• Printed
• Non-printed
• Embossed
• Unembossed

On the basis of application, peelable caps market is segmented into:

• Food
  • Cream
  • Custard
  • Milk
  • Yoghurt
  • Cheese & Sour cream
  • Margarine & Butter
  • Sauces & Dips
  • Others
• Beverage
  • Juices
  • Flavored drinks
  • Energy drinks
  • Others

Peelable Caps Market – Region wise outlook

The global peelable caps market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Asia Pacific is anticipated to dominate the peelable caps market between 2017 and . Over the past few decades, India and China have shown a concentrated growth in food and beverage industry translating into increasing demand for the peelable caps in these regions throughout the forecast period. North America is expected to follow Asia Pacific in terms of demand for the peelable caps between 2017 and 2027 owing to its established economy. Latin America is expected to witness relatively slower growth in peelable caps market between 2017 and 2027 due to its stagnant economy. However, European countries and Middle East and Africa are anticipated to witness a sluggish growth in the market of peelable caps throughout the forecast period due to the prevailing relatively stagnant economy in these regions.

Peelable Caps Market – Key Players

The key players in the peelable caps market include Fords Packaging Systems Limited, LOW’S CAPSEAL SDN BHD, CLONDALKIN FLEXIBLE PACKAGING, Clondalkin Group Holdings B.V, Bemis Company.

Read More

4 Key Takeaways from TMR Report on Shoe Packaging Market for Forecast Period 2017 – 2024

Changing styles and fashion preferences of consumers are deeply observed by globally manufacturers of apparels and footwear. Shoemaking companies and retailers, both, are observing consumers’ behavioral economics to decide the packages in which these footwear should be put for sale. Shoe packages are of vital importance while transporting shoes down the distribution network. Their ability to protect and store cannot be compromised as faulty packaging can damage volumes of shoes, leading to product recalls of large consignments.

Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23027

Shoe packaging varies from brand to brand, product to product. Casual shoes are available in packages that attract young consumer demographics, while shoe packaging for formal shoes involves elegant box designs and compartments. Likewise, product quality and materials in shoe packaging businesses also differ. Some shoe manufacturers demand for easy-to-dispose satchels, while others will look for sturdy boxes with ergonomic designs. Manufacturers in the global shoe packaging market are, thus, compelled to cater to such diversity, without downgrading the quality of their offerings. 

Shoe Packaging Market: Market Dynamics

The global market for shoe packaging is expected to witness dynamic growth on the account of – consumer preferences, emergence of sustainable packaging materials, and need for cost-effective designs. In developed countries, many consumers are attracted towards shoes that come in urbane handbags. Such preferences are profitable for growth of shoe packaging market in these regions. Manufacturers of shoe packaging products are also witnessing favorable support from emergence of sustainable materials. Government policies that are promoting the use of eco-friendly packaging is also observed as a driving force for growth of shoe packaging businesses.

In addition to this, leading players as well as new entrants in the global shoe packaging market are adopting innovative designs that appeal the masses but also save costs on raw material outlay. Availability of such designs, and their compatibility in storing & transporting a wide range of shoe types is expected to boost in overall expansion of global shoe packaging market.

Global Shoe Packaging Market: Segmentation

Shoe-types, type of shoe packaging and regions are three key segments upon which the growth of global shoe packaging market is analyzed during the forecast period.

On the basis of shoe-types, the global market for shoe packaging market can be analyzed into:

• Running Shoes
• Loafers
• Leather shoes
• Short Shoes
• Long boots
• Casual Shoes

Key segments in the global shoe packaging market, based on the type of shoe packaging, include:

• Reusable shoe packaging
• Sustainable reduced shoe boxes
• Corrugated boxes
• Tubular packaging

A regional segmentation of the global shoe packaging market follows:

• Western Europe
• Eastern Europe
• Latin America
• North America
• Middle East & Africa (MEA)
• Japan, and
• Asia-Pacific excluding Japan (APEJ)

Growth of global market for shoe packaging is likely to remain concentrated in the APEJ region. Countries such as China and South Korea are observed as global manufacturing hubs, while vast consumer base in India is also strengthening the presence of APEJ region on the global shoe packaging market. Rapid industrialization in developing regions is also boosting the demand for shoe packaging, while developed markets are witnessing active participation from prominent global players.

North America’s shoe packaging market is expected to emerge as a lucrative region, primarily due to proactive consumer lifestyles that are fuelling the sales of shoes across the US and Canada. Demand for shoe packaging in Western Europe and Latin America is expected to remain stable, while the Middle East and Africa (MEA) region will have a pale imprint on the growth of global shoe packaging market during the forecast period.

Shoe Packaging Market: Key Players

Companies such as Packman Packaging Private Limited, Sneakerbox Co., Samrat Box Mfg. Co. Pvt. Ltd., Royal Packers, Precious Packaging, Elevated Packaging, Cross Country Box Company, and Zhuhai ZhuoYa packing product co., Ltd. are observed as leading participants in the global market for shoe packaging.

Read More

Eye cosmetic Packaging market – Industry Shares, Market Strategies And Key Players

The global packaging market for eye cosmetics continues to witness steady gains owing to a combination of several inter-connected factors. As packaging becomes integral to branding and marketing, manufacturers are looking for aesthetically-appealing and highly functional packaging solutions.

Eye cosmetics are really delicate and packaging plays an important role in maintaining the integrity of a product. Manufacturers usually use acrylic and PP plastic containers for packaging eye cosmetics. In addition to focusing on the aesthetics, manufacturers also have to take care of the shelf life of the product.

The global eye cosmetic packaging market is being influenced by a number of factors, such as growing disposable income, availability of wide range of products, and growing e-commerce sector. Millennials are the target audience for manufacturers, and the packaging is being designed to accommodate the tastes and preferences of this segment. Further, increasing number of women workforce is a positive factor for the growth of the eye cosmetic packaging market. Working women demand products that are easy to use on-the-go, and packaging companies are incorporating this sentiment in their offerings.

In addition to the primary focus on product protection during transport and handling, manufacturers are also focusing on inducing an impulsive buy among consumers. Considering the fierce competition in the eye cosmetic packaging market, driving sales through innovative packaging has become the go-to strategy for manufacturers.

Eye Cosmetic Packaging in Sync with Evolving Fashion Trends 

Eye cosmetic packaging manufacturers have to remain in sync with evolving fashion trends, as the market is massively influenced by latest developments. In a bid to offer more personalization and customization to users, packaging manufacturers are collaborating with fashion designers to offer ‘premium’ and ‘limited-edition’ packaging.

Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23144

Segmentation 

The global eye cosmetic packaging market has been segmented on the basis of material type, product, and region.

On the basis of material type, the market is segmented into paperboard, plastic, metal, and glass.

By product, the key segments include eye shadow, brush & tools, mascara, sets & pallets, eyeliner, concealer & primer, and false eye lashes.

Region-wise, the report offers market forecast and analysis in the key markets of North America, Western Europe, Asia Pacific excluding Japan, Middle East & Africa, Eastern Europe, and Japan.

North America remains the largest market for eye cosmetic packaging globally. High demand for eye cosmetic products in the U.S. is a key factor for the growth of the market in the region.

Owing to the large population, Asia Pacific excluding Japan remains an important market. China and India will continue to remain lucrative for manufacturers, pulling huge volume sales in the region. The packaging market is witnessing steady growth in Middle East & Africa, and the momentum is anticipated to remain stable in the future as well.

Eye Cosmetic Packaging Market: Key Players 

The leading players in the global eye cosmetic packaging market are Anomatic, Color Carton Corporation, LTD, Epopack Co., Ltd, Amcor Limited, Cosmopak, AptarGroup, 3C Inc, Alpha Packaging, HCP Packaging, ChingFon Industrial Co., Arcade Beauty, APC Packaging, Libo Cosmetics Co., Ltd, Quadpack Group.

Read More

Aseptic Carton Packaging Market: Segmentation, Market Players, Trends 2024

The global packaging market is growing enormously owing to the different types of packaging forms that are introduced by manufacturers now and then to sustain such stiff competition on the packaging front. Increasing demand for packaged food, dairy products, and frozen meals lays its emphasis on an increasing need for an efficient packaging solution to increase their shelf life and maintain their freshness. Aseptic Packaging is an advanced type of packaging that allows the product distribution and storage for six to twelve months without refrigeration.

Obtain Brochure@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23216

Aseptic packaging involves sterilization of products to prolong their natural aroma and texture. Among the various types of aseptic packaging, cartons are the fastest growing category globally. Aseptic cartons are light weighted and multi layered made up of high performance materials. The global aseptic carton packaging market is also driven by high demand from food logistics segment among packaging types that preserve the food quality during transportation. The global aseptic packaging market is expected to grow at a CAGR of 9% over the forecast period.

Aseptic Carton Packaging Market: Market Dynamics

Rising demand for convenient products and increasing urbanization are anticipated to be key drivers of the global aseptic carton packaging market. Consumer demand for packaging type which is capable of preserving the quality of the packaged food without any additives is fuelling the growth of the global aseptic packaging market. Factor restraining the growth of the global aseptic carton packaging market include the initial high cost of investment for the aseptic packaging line. Fluctuating cost of raw materials such as polyethylene, paperboard, and aluminum is also impacting the growth of the market.

Technological advancement and the increasing use of aseptic cartons in the pharmaceutical industry is likely to create an opportunity for the aseptic carton packaging market over the forecast period. Key trend prevailing in the global aseptic carton packaging market is the use of innovative packaging to distinguish their product from other competitors and in turn increase their value proposition. The manufacturers are continuously upgrading their R & D department to keep up with the market demand.

Aseptic Carton Packaging Market: Market Segmentation

Global aseptic carton packaging market is segmented on the basis of packaging type, opening type, end use industry, material, and geography. On the basis of packaging type, the global aseptic carton packaging is segmented into standard, slim, square, super slim, and caliz packaging type. On the basis of opening type, the global aseptic carton packaging market is segmented into the straw hole, clip, and twist type. On the basis of end use industry, the market is segmented into food & beverage, dairy, pharmaceuticals, and others. The beverage segment can be further sub segmented into carbonated, and non-carbonated drinks. Based on material, the global aseptic carton packaging market is segmented into polyethylene, aluminum, and paperboard.

Aseptic Carton Packaging Market: Regional Outlook

On the basis of geography, the global aseptic carton packaging market can be segmented into Latin America, North America, Middle East & Africa, Asia Pacific and Europe. North America is currently dominating the global aseptic carton packaging market due to high consumption of packaged foods and the change in the dietary habits of the consumers. In countries such as India and China, factors such as the change in the lifestyle pattern of individuals and increase in the disposable income of the households are anticipated to drive the growth of the aseptic carton packaging market in the Asia Pacific region over the forecast period. The demand for ready to eat food products such as fruit juices, dairy products are also anticipated to drive the global aseptic carton packaging market. Demand from the pharmaceutical sector is likely to increase the market revenue in the Asia Pacific region.

Aseptic Carton Packaging Market: Key players

Key players of the global aseptic carton packaging market are Tetra Laval International S.A (Switzerland), Amcor Limited (Australia), Bemis Company (U.S.), and  Ipi SRL (Italy).

Read More

Alcohol Packaging Market: Companies to Focus on Development of Sustainable Packaging to Remain Ahead

Transparency Market Research states that the global alcohol packaging market is highly fragmented due to consistent entry of several regional players. To stay ahead of the competition, players are introducing innovative methods of packaging that are not only attractive but also eco-friendly. Some of the prominent companies in the global market are expected to focus on acquisition, new product launches, and expansion to newer markets to improve their revenue. Amcor, Ball, Owens-Illinois, and Tetra Laval are the key players defining the competitive landscape of the global alcohol packaging market.

According to the research report, the global alcohol packaging market was worth US$40,009.2 mn in 2017 and is expected to be worth US$57,746.9 mn by the end of 2025. Out of the packaging type, the primary method of packaging is likely to drive the global market in the coming years as it is slated to account for a share of 80% in the overall market. Regionally-speaking, Asia Pacific is expected to show tremendous growth in the near future as the emerging economies in the region are witnessing rapid urbanization. Asia Pacific alcohol packaging market is expected to surge at a CAGR of 5.3% during the forecast period.

Consumerism and Changing Lifestyles to Dictate Demand for Alcohol Packaging Market

The global alcohol packaging market is predominantly being driven the rapid pace of urbanization in various parts of the world. The rising disposable income amongst the urban dwellers has made a significant contribution to the soaring profits of the global alcohol packaging market. Furthermore, changing lifestyles and growing consumerism is expected to play an integral role in the development of the global market. Introduction of unconventional packaging methods and development of better materials are also projected to be key drivers of the global market.

Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9590

Improving branding and marketing strategies has prompted several alcohol manufacturers to invest in packaging alcohol. Packaging formats have become synonymous with brand identification in the alcohol industry, which is expected to bring in a rise in the expenditure on alcohol packaging in the near future. Design and development of sustainable packaging solutions is expected be the global market a solid boost in the forthcoming years. Analysts anticipate that pouch packaging will gain traction in the near future as it a convenient and lightweight to carry. The report observes that demand for sustainable pouch packages will be an emerging trend in the global market. It will be wise to capitalize on this trend as prices of plastic resins and paper pulp are slated to rise, thereby impacting the cost of packaging.

Health Risks Associated with Plastic to Act as Restraint for Global Market

On the flipside, the global alcohol packaging market faces a few challenges that are likely to hamper the growth of the growth. The consistent rise in the cost of raw materials that are to be used for packaging is expected to tug the market in the opposite direction. For instance, the cost of manufacturing plastic is expected to have a negative impact on production of plastic-based packaging materials. Furthermore, the health risks associated with plastic packaging is expected to reduce the consumption of plastic for alcohol packaging materials in the near future. The report also highlights that legislative prohibition on consumption of alcohol and religious ban on the same are also expected to be restraints for the global market.

Read More