Industrial Flexible Packaging Market – In-depth Industry Analysis Research Report Forecasts to 2025 by TMR

Flexible packaging includes all forms of packaging which are flexible in nature and is produced from paper, plastic, film, aluminum foil, or a combination of these. Some common forms of flexible packaging includes bags, pouches, labels, liners, wraps, rollstock, and other flexible products. This form packaging generally forms acceptance in consumer goods, particularly the Food & Beverage segment. However, some industrial goods are also being packed in flexible packaging in the chemicals and pharmaceuticals, lubricants, bulk food and beverages ingredients industries. With rapid growth in these end use industries the demand for flexible packaging is on the rise, and the global market for industrial flexible packaging is expected to expand with an impressive CAGR over the forecast period.

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Industrial Flexible Packaging: Drivers & Restraints

The major factors boosting the growth of Industrial Flexible Packaging is rising industrialization in Asian countries, and booming chemicals and pharmaceutical industries of the region. Now a days many raw material for these industries comes packed in flexible packaging, amid its lower cost, lower manufacturing cost and packaging time coupled with lighter weight. Its light weight capabilities provides the benefits of reduced logistic cost coupled with ease of transportation. This is enabling many prominent industrial product manufacturers to shift towards flexible packaging, over rigid packaging. Building and Construction Industry also attracts significant demand for flexible packaging these days, for small and medium volume products. Rising consumerism across the globe and the demand for food and beverage products, is pushing the global food and beverage industry, thus complimenting more demand for its raw materials by F&B manufacturers. These raw material often comes in flexible packaging, generating constantly increasing demand for industrial flexible packaging.

However, environmental concerns regarding the usage of plastic/polymer based packaging is restraining the market, and inclining few manufacturers to shift towards wood and cardboard based non flexible packaging.

Industrial Flexible Packaging: Market Segmentation       

The Industrial Flexible Packaging is segmented into three parts on the basis of material and end use.

Based on Material Type, the Industrial Flexible Packaging is segmented into:

• Plastic Films
• Aluminum Foil
• Bio Plastic
• Paper
• Others

Bases on end use industry, the Industrial Flexible Packaging is segmented into

• Automotive
• Chemicals
• Oil and Gas
• Pharmaceuticals
• Food & Beverage
• Other Manufacturing

Industrial Flexible Packaging: Regional Outlook 

Geographically, Industrial Flexible Packaging market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Asia Pacific Exc. Japan has been a global leader in Industrial Flexible Packaging, due to regions rapidly growing pharmaceutical and food and beverage industry. With global companies shifting their manufacturing bases to China and India, demand for industrial packaging in the region is expected to further increase. A large chunk of this growing demand is expected to come from Chemical and Materials Industry. The region is expected to be closely followed by North America, where a prominent share of demand comes from Food & Beverage and Chemical Materials Industry. This can be attributed to the presence of some of the largest chemical companies in United States. Western Europe caters some of the most prominent pharmaceutical companies of the globe, and the regions vast food and beverage industry, is also fuelling more demand for industrial flexible packaging in the region. With rapid industrialization in Latin America and Middle East and Africa, demand for industrial flexible packaging is bound to increase in the region. Japan and South Korea are also prominent markets for industrial flexible packaging, amid presence of some of the global giants in Automotive, Chemical, Pharmaceutical and Electrical and Electronics Industry.

Industrial Flexible Packaging: Key Players

Some of the players identified in Global Industrial Flexible Packaging are:-

• Sonoco Products Company
• Bemis Company, Inc
• Berry Plastics Group, Inc.
• Novolex – Carlyle Group
• Bischof + Klein SE & Co.
• Coveris Holdings S.A.
• Huhtamäki Oyj
• Cosmo Films Limited
• Reynolds Group Holdings Limited
• Clondalkin Group Holdings BV

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Pressure Sensitive Labeling Market – Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Pressure Sensitive Labeling is one of the most prominent labeling methods in recent times. These labels are generally self-adhesive and can adhere to any material. These labels can provide special distinctive graphics, which enable a unique appearance and while keeping in compliance with performance and safety norms. The ability to retain print in tough environment condition during logistics and storage, coupled with clear film options is the key factor responsible for its increasing preference.

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The global pressure sensitive labeling market is expected to expand with an impressive CAGR over the forecast period. 

Pressure Sensitive Labeling Market: Drivers & Restraints

The major factors boosting the growth of Pressure Sensitive Labeling Market is rising disposable income which has led to increase in consumer power, and has directed the modern consumerism, which includes product packaging and the need to transport products safely with intact barcodes and printed labels. Long supply chains and tough transport and logistic conditions is further fuelling the demand for pressure sensitive labeling. These labels are also beneficial in providing an aesthetic look to packaging, due to its ability to maintain the colored print. The water resistant ability of these labels is another prominent factor driving its adoption in the global food and beverage market. Apart from this, the customization Pressure Sensitive Labeling offers as per the packaging needs is also an added advantage for various companies to adopt Pressure Sensitive Labeling for small to medium volume packs. Further, as the manufacturing process of Pressure Sensitive Labeling is very less time consuming, adoption by manufacturers is significantly high. Also, as Pressure Sensitive Labeling are reasonably priced, many startups are preferring them over other conventional packaging. Further as it allows more branding area or printing surface area, brand can be easily seen. Thus cost effectiveness is another prime driver for adoption of Pressure Sensitive Labeling over the forecast period.  However, the rising voices regarding the environmental concerns of packaging is forcing companies to manufacture labels that are bio-degradable and compatible with plastic and glass materials

Pressure Sensitive Labeling Market: Market Segmentation          

The Pressure Sensitive Labeling market is segmented into three parts based on Type, Printing Technology and End Use industry:

Based on type, the Pressure Sensitive Labeling market is segmented into:

• Release Liner Labels
• Linear-less Labels

Based on Printing Technology, the Pressure Sensitive Labeling market is segmented into:

• Digital Printing
• Flexography
• Lithography
• Screen Printing
• Others

Bases on end use industry, the Pressure Sensitive Labeling market is segmented into

• Food and Beverages
• Healthcare
• Consumer Goods
• Personal Care
• Retail
• Automotive
• Industrial
• Others

Pressure Sensitive Labeling Market: Regional Outlook 

Geographically, Pressure Sensitive Labeling market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Asia Pacific Exc. Japan has been a global leader in Pressure Sensitive Labeling market, due to high demand for consumer goods, particularly food and beverage, pharma and retail. The ability to maintain its print even in moist conditions, is the key factor driving the increasing preference in the region. The aesthetic look and safety features has led many North American and Western Europe based players to switch labelling of their normal products towards Pressure Sensitive Labeling packaging, Now a days, one can find applications of Pressure Sensitive Labeling in almost every area, and products carrying these packets can be seen in every super market store in North America.

In Western Europe, many beverages, pharmaceutical and nutraceutical products have adopted Pressure Sensitive Labeling, thus, fuelling more demand for such packaging. Latin America is another prominent consumer market with a vast consuming population, also the products in the region often require long logistics and transportation efforts, thus robust pressure sensitive label packaging is gaining wide acceptance in the region, due to its ability to retain prints in tough environmental conditions, enabling access to barcodes which in turn enables smooth supply chain management. Middle East and African markets are also executing high adoption rate for Pressure Sensitive Labeling, amid increasing preference for packaged food and beverages, especially frozen food. 

Pressure Sensitive Labeling Market: Key Players

Some of the players identified in Global Pressure Sensitive Labeling market are:-

• Constantia Flexibles Group GmbH
• The 3M Company
• Henkel AG & Co.
• Mondi PLC
• CCL Industries Inc.
• Constantia Flexibles Group GmbH
• Constantia Flexibles
• Lintec
• Inland
• UPM-Kymmene OYJ

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Metal caps and closures Market – Influential Factors Determining the Trajectory of the Market

Metal caps and closures are devices which are used to seal the top opening of a bottle, jar, can, etc. Metal caps and closure is a functional aspect of packaging which deals with protection and preservation of product within the container and prevents them from leakage. Metal caps and closure are made up of a wide variety of fabricated material such as stainless steel, aluminum, and tin plated steel. The resultant metal caps and closures give rigid properties which help them to provide optimum sealing benefits to different forms depending upon their need for usage. Moreover, metal caps and closure are manufactured depending upon their application which can differ its sizes and types. Some of the types of metal caps and closures include crown cork, ring pull caps, continuous thread or roll on closure and lug/twist metal caps. The metal caps and closures include backing paper made with several lining materials such as foamed polyethylene, pressure-sensitive lines, and many others to prevent the contact between the content and the metal caps and closure.

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Global Metal caps and closures Market: Dynamics

Metal caps and closures outperform to its application as a lightweight yet strong caps and closures that seal the container, bottle, etc. and prevents content from its primary function of spilling or falling. The growing demand for effective packaging to ensure longer shelf life of food and beverages is acknowledged as a key factor driving the metal caps and closures global market. Control of enzymes infusion is critical to many types of products such as food, chemical, etc. Metal caps and closures are a great barrier to moisture, dirt, oxygen, and others. The factors as mentioned earlier have a potential role in the growth of global metal caps and closures market. Metal closures have higher application as a sealer for glass bottles as they keep the content secure from the undesired premature opening of the bottle and also allow reasonable ease to open the bottle by the intended user. Another potential factor that supports the global market growth is, a metal cap or metal pull off caps are mostly used for beverages which act as a tamper evident caps to the packaged content. Application of metal caps and closures are found to have greater use for pharmaceutical packaging from liquids medicines as the metal caps and closures are rigid and does not easily break as compared to the plastic caps and closures. Some of the challenging factors for metal caps and closures are that they are relatively expensive to the plastic caps. Moreover, they have a threat to shed metal particles into the pharmaceutical products. 

Global Metal caps and closures Market: Segmentation

Based on caps & closure types: Global Metal caps and closures Market is segmented into

• Aluminium
• Tin plated steel
• Stainless steel

Based on caps & closure types: Global Metal caps and closures Market is segmented into

• Crown cork
• Ring Pull Caps
• Continuous thread or roll on closure
• Lug/Twist metal caps

Based on closure lining material: Global Metal caps and closures Market is segmented into

• Plastisol 
• Foamed polyethylene
• Polyseal cone liners
• Pressure-sensitive liners

Based on end use industry: Global Metal caps and closures Market is segmented into

• Pharmaceutical industry
• Food industry
• Beverage industry
  • Alcoholic
  • Non-alcoholic
• Chemical industry
• Cosmetic

Global Metal caps and closures Market: Region Wise Outlook

The global metal caps and closures Market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America in the global metal caps and closures holds a dominant share owing to the larger market of beverages industry. North America has a large number of manufacturing plants for non-alcoholic and alcoholic beverages thus there is higher consumption of metal caps and closures used as a seal for bottles. Western Europe regions for metal caps and closures market is expected to grow at a healthy CAGR during the forecast period owing to its demand for sealing bottles caps in pharmaceutical products packaging. Moreover, France and Germany in Western Europe has a higher consumption of packed food items such as jams, pickles, and many other food products. The products mostly comes with glass container and metal closures which is expected to bring higher demand for metal caps and closures in the forecast period. APEJ metal caps and closures market is anticipated to grow at a relatively higher CAGR during the forecast period. India and China are expected to witness maximum growth for metal caps and closures owing to strong demand for alcoholic beverage in the counties. 

Global Metal caps and closures Market:  Prominent Players

Few of the prominent players in the Metal caps and closures Market are as follows

• Crown Holdings, Inc.,
• Keystone Adjustable CapsCo Inc.
• TecnocapsSpa
• AMCLO Group Inc.
• Guala Closures S.p.A
• Manaksia Industry Limited
• Cameo Metal Products, Inc.
• O Berk Company, LLC
• Finn-Korkki Oy
• Nippon Closures Co., Ltd.

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Polypropylene (PP) Reusable Bag Market – Granular View of The Market from Various End-Use Segments

Polypropylene (PP) reusable bag are eco-friendly bags which can be melted down or recycled to form into other products. Polypropylene is a thermoplastic which is rough and resistance to other chemicals. Non- woven bags made with polypropylene (PP) are thus solid & durable. Polypropylene (PP) reusable bag contains a semi-rigid insert which is set into the bottom of the bag to provide stability. Polypropylene (PP) reusable bags are made from fabric which is recyclable plastic fiber which is often used for manufacturing tote bags. The material is sheet or web of polypropylene fibres which are bonded together by entangling the filament or fibres mechanically, chemically or thermally. Polypropylene (PP) reusable bag are not made by knitting or weaving thus do not require converting of fibres to yarn. Polypropylene (PP) reusable bag fabric material makes the bag extremely lightweight and strong and thus it is an everyday carry bag as well as is an inexpensive material to ship.

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Global Polypropylene (PP) Reusable Bag Market: Dynamics

Polypropylene (PP) reusable bag outperform to its application as a lightweight yet strong bag which can be used for daily purposes. The polypropylene (PP) reusable bag is eco-friendly, easy to clean and reusable and thus they promote a greener earth. The aspects as mentioned earlier are potential factors to the growth of polypropylene (PP) reusable bag market. Reusing or recycling polypropylene (PP) reusable bags has a potential to save many standard plastic bags from landfill sites and thus supports the growth of the global polypropylene (PP) reusable bags. Polypropylene (PP) reusable bags consume less energy in manufacturing as compared to the cotton bags thus several manufacturers of bags are putting their step in the manufacturing of polypropylene (PP) reusable bag. The polypropylene (PP) reusable bag can also be used for promotional activities as they are available at a relatively lower price than cotton bags which makes them as a major marketing product. The factor is considered to be another potential influence on the growth of global polypropylene (PP) reusable bag market. The consumer preference for, polypropylene (PP) reusable bag is much higher than the plastic bag which is a key driver to boost the global polypropylene (PP) reusable bag market.

Global Polypropylene (PP) Reusable Bag Market: Segmentation

Based on material: Global Polypropylene (PP) Reusable Bag Market is segmented into

• Spun
• Bonded
• Non-woven polypropylene

Based on thickness: Global Polypropylene (PP) Reusable Bag Market is segmented into

• 80 gms
• 100 gms
• 120 gms

Based on application: Global Polypropylene (PP) Reusable Bag Market is segmented into

• Tote bag
• Shopping & Grocery bag
• Sacks
• Surgical mask

Global Polypropylene (PP) Reusable Bag Market: Region Wise Outlook

The global Polypropylene (PP) Reusable Bag Market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America in the global polypropylene (PP) reusable bag holds a dominant share is owing to the promotional activities which take place at tourist spots in North America. Thus the use of Polypropylene (PP) reusable bag is customized and printed in several forms to promote activities. North America is followed by Western Europe in the global polypropylene (PP) reusable bag owing to the consumer & social preference of customer which has gained traction for polypropylene (PP) reusable bag in the Western European countries such as France and Germany. The developed regions of global polypropylene (PP) reusable bags of North America and Western Europe is expected to gain high market share during the forecast period. APEJ in global polypropylene (PP) reusable bag is anticipated to gain relatively high CAGR during the forecast period owing to the benefits of the eco-friendly and reusable factor. Moreover, the polypropylene (PP) reusable bags are expected to grow on a trend of tote bags which will serve as a heavy-duty bags

Global Polypropylene (PP) Reusable Bag Market:  Prominent Players

Few of the prominent players in the Polypropylene (PP) Reusable Bag Market are as follows

• Smartbags Ltd
• Capitalist LTD
• Shopping Bag Earthwise Bag Company, Inc.
• NARRATIVE CONTENT GROUP.
• True Reusable Bags
• Vina Packing Films Co., Ltd
• Envi Reusable Bags
• VICEBAG Group

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Coin Deposit Bags Market Driven by Growing Customer Inclination towards Secure Tangible transactions of currencies

Growing awareness among customer towards the use of secure packaging has thus led to an increase in demand. Over the years, the flexible packaging has replaced the traditional heavy-duty rigid packaging solutions. One of such novel packaging solution is the coin deposit bags packaging. Unlike other solutions, coin deposit bags are made up of high-quality multi-layered polymer resins that produce highest strength tamper proof films used for dispensing cash, coins, and other valuables. Depending on end-use, coin deposit bags are used to cater the demand of financial institutions, casinos, cash-in-transit service providers, etc. Coin deposit bags are equipped with advanced security features such as sequential barcoding, warning indicator, use of RFID’s, temper-evident closures, etc. against multiple types of intrusion.

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Coin Deposit Bags Market: Drivers & Restraints
The key factors that fuel the coin deposit bags market are growing customer inclination towards secure tangible transactions of currencies & other valuables with enhanced security features. Temper-evident, light in weight, reduced cost per trip are some of the other features that accelerate the coin deposit bags market. However, these bags are manufactured from high-quality polymers, and hence prices of this raw materials are dynamic in nature. Thus, any negative change in the cost of raw-materials is expected to hamper production of coin deposit bags to some extent over the forecast period.

Coin Deposit Bags Market: Segmentation

On the basis of material type, the coin deposit bags market is segmented into:

• Plastic
  • LDPE
  • HDPE
  • PVC
  • Others
• Fabric
• Paper

On the basis of type of use, the coin deposit bags market is segmented into:

• Multi-use Coin deposit bags
• Disposable Coin deposit bags

On the basis of product type, the coin deposit bags market is segmented into:

• Clear bags
• Opaque bags

On the basis of end-use industry, the coin deposit bags market is segmented into:

• Financial Institutions
• Courier Services
• Casinos
• Government organizations
• Hospitals
• Retail
• Hotels
• Academic Institutions

Coin Deposit Bags Market: Segmentation Overview

The demand of temper proof bags has seen a steep growth in the recent past, and thus the use of coin deposit bags over the years is gaining momentum in parallel. The revenue contribution from disposable coin deposit bags segment is expected to drive the inclusive growth of the global coin deposit bags packaging market to a higher extent during the forecast period. Also, coin deposit bags that were earlier available only in the opaque format are currently available in the transparent form with added security features. Coin deposit bags has been witnessing rapid growth among consumers in developing countries, especially countries from Asia Pacific.

Coin Deposit Bags Market: Regional Overview

Geographically, the coin deposit bags 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).

Growing inclination towards secured packaging of coins & other valuables is expected to fuel the vertical upward growth in global coin deposit bags market over the forecast period. The growth in BFSI industry along with small & mid-size businesses among the developing economies such as India, China and ASEAN countries is expected to drive the growth of coin deposit bags market in the Asia-Pacific region. The demand for coin deposit bags is supposed to show a steady growth in North America and Europe region owing to developed security infrastructure and the extensive use digital payment modes. Also, Middle-East and Africa along with Latin America are likely to show a rise in demand of coin deposit bags. Overall, Global coin deposit bags market is estimated to grow at a healthy rate of growth over the forecast period 2017-2025.

Coin Deposit Bags Market: Key Players


Some of the key players that currently operate in the global coin deposit bags market include Shields Bag & Printing Co, Ampac Holdings, LLC, A. Rifkin Co., International Plastics Inc., Dunbar Security Products Inc., Initial Packaging Solutions Ltd, B-Sealed Nz Pty Ltd., Block and Company, Inc., Packaging Horizons Corporation and many others 

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Insulated Shippers Market – Pharmaceutical Packaging to Create Significant Growth Opportunities

Growing need for protective packaging in the food and beverage industry is expected to fuel demand for insulated shipping products. As the requirement for packaging temperature-sensitive products increase, manufacturers are focusing on developing technologically advanced packaging solutions. Transparency Market Research states that the global insulated shippers market is projected to reflect a CAGR of 9.4% during the forecast period, 2017-2026.

Factors Fuelling the Global Market Growth

Growth of the global insulated shippers market is mainly bound by various macro-economic and micro-economic factors. With the growing demand for protective packaging of various products, manufacturers are incorporating technologically advanced packaging solutions to ensure safe shipping of the products. Cold chain shipping and distributed control system continues to remain the most preferred packaging and shipping solutions among the supply chain. As delivering products safely is becoming important, manufacturers are mainly focusing on developing shipping containers with closed cell spray foam, rigid polystyrene foam panels and fiberglass.

Transportation of temperature sensitive products such as blood, organs, biologic materials, pharmaceutical products and chemicals will continue to boost demand for insulated packaging solutions. Growing need to shipping various perishable food products with long shelf life safely is projected to boost demand for insulated shipping products globally. Food products that are particularly manufactured in a specific region continues to witness significant demand in various restaurants, hotels and shops. Pervasive demand for traditional food and beverage products in various countries is projected to rev up demand for insulated shipping containers during the forecast period. As the shipping containers are equipped with features that ensure freshness and quality of food products, sales of the insulated shipping packages is projected to increase. In addition, various food products can be subject to various temperature conditions during transportation. Increasing demand for temperature sensitive packaging solutions is further projected to impact growth of the global insulated packaging market.

Shipping pharmaceutical products is also projected to fuel demand for insulated shipping containers and packaging solutions globally. With the increasing demand for shipping various pharmaceutical spray products and liquid pharmaceutical products, manufacturers are focusing on offering temperature-sensitive packaging solutions to deliver the pharmaceutical solutions safely. In addition, manufacturers are further focusing on implementing the controlled distribution and cold chain system in order to track and monitor storage and distribution system of the packaged pharmaceutical products. Exposure to air, heat, cold and humid weather can spoil the pharmaceutical products and reduce its efficacy. Delivering pharmaceutical products that are ineffective and are of degraded quality could impact the health of patients adversely. Bound to these factors, manufacturers are mainly focusing on offering insulated and temperature sensitive pharmaceutical products for protective delivery.

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Sales to Remain High for Pharmaceutical Application

As the requirement of light-weight, effective and robust thermal insulation increases, demand for the expanded polystyrene is projected to remain high globally. In terms of revenue, the expanded polystyrene product type segment is projected to witness highest growth, recoding more than US$ 700 Mn by 2026-end. On the other hand, the other product type segment is projected to reflect a healthy CAGR over the forecast period.

During the forecast period, the ambient application type segment is projected to witness the fastest growth in the global market. In contrary, the pharmaceutical application segment is projected to generate significant revenues, accounting for more than US$ 500 by 2017-end.

Based on end use, the others segment is projected to reflect a significant CAGR throughout the forecast period. However, the pharmaceutical end use segment is projected to witness a robust revenue growth, representing more than US$ 1,100 Mn by 2026-end.

Market Players

Major players in the global market of insulated shippers are Cold Chain Technologies Inc., Sonoco Products Company, Snyder Industries, Inc., Pelican Biothermal LLC, Cryopak Industries Inc., Saeplast Americas Inc, Tempack Packaging Solutions S.L., TKT GmbH, American Aerogel Corporation and EcoCool GmbH.

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Intravenous Product Packaging Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

Global healthcare sector continues to develop at an impressive rate. As a result, packaging marketplace is undergoing huge changes with specialized focus on offering innovative packaging tools/products to pharmaceutical industry. One such core product that offers lucrative market opportunities for packaging companies is intravenous products. Intravenous product such as catheters and IV fluid bags are mainly used to prevent and treat various chronic illness such as cancer and ophthalmic diseases. Increased sales of intravenous products has boosted overall demand for innovative packaging products. As a result, many packaging companies are trying to capitalize on the intravenous product market. Most packaging companies have done everything from product innovation to that of streamlining their distribution networks to strengthen their market presence in healthcare sector.

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Intravenous Product Packaging: Market Dynamics

Growth in demand for intravenous product packaging is expected to remain strong for several reasons. First, chronic illness is proliferating rapidly owing to changing lifestyle and increased geriatrics population. As a result, demand for sterilized intravenous product has increased. This in turn is propelling overall sales of packaging material for intravenous products. Second, many packaging companies has set up direct distribution channel to facilitate easy flow of business and thereby minimize overall run cost.  Rising investment in product innovation, rapidly evolving regulatory compliances, increasing medical supplies market, and focus on distribution network has altogether driven the intravenous product packaging market. Despite the momentum and growth intravenous product packaging industry has witnessed over the past few years, availability of alternative product is a major challenge to overall growth of the industry.

Intravenous Product Packaging Market: Regional outlook

Intravenous product packaging market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Among these region, North America and Europe are expected to collectively dominate the market throughout the forecast period. However, many multinational packaging companies are ramping up their investments in Asia Pacific to tap the growing unmet needs of intravenous product manufacturers in the region and government support towards boosting manufacturing ecosystem. Furthermore, Asia Pacific rise in prominence has resulted in organizational changes – many new packaging entrants has emerged over the last few years and many leading companies has set up their manufacturing capabilities in the region. Asia Pacific is expected to be primarily driven by China, Japan and India. Latin America and Middle East & Africa are expected to witness slow and steady growth over the forecast period. In Latin America, Brazil and Mexico are expected to create market opportunities for companies involved in intravenous product packaging.

Intravenous Product Packaging Market: Key players

Some of the key players in the global Intravenous Product Packaging market are Baxter, Renoilt, Nipro, Sippex, Wipax, Amcor, MRK Healthcare, etc.  A majority of intravenous product packaging companies are largely headquartered in Europe and North America. However, there is growing influence of regional and China based players in the market especially in Asia Pacific region. Given their limited investment capabilities, most of their investments are focused on short term gains. Multinational players are either entering into partnership or into acquisition of these regional players to gain greater control over the market.

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