Dispensing Spouts – Innovative Packaging Attracts More Customers by Enhancing the Product Appeal

Dispensing spouts are generally utilized to reseal packaging post-removal of required amount of the product. Substantially used for packaging viscous or liquid products, dispensing spouts render easy use and transportation of the product and prevent damaging of the package even if product is being used frequently. Increasing utilization of products in small quantities has been driving demand for dispensing spouts across the globe. On the basis of the product, dispensing spouts come in various shapes such as dropper, valve, cap, or pump. Dispensing spouts are put at the bottom or on the top for efficient and complete utilisation of the product. Manufacturers are now able to innovate various forms and designs of packaging, attracting more customers by enhancing the product appeal.

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Market Dynamics

The functionality of being used repeatedly makes dispensing spouts sustainable for packaging. Increased usage of dispensing spouts in packaging helps manufacturers in reducing the utilization of raw materials, and lowers carbon footprint & cost of packaging. They are used in a variety of applications across sectors such as home care, toiletries, household chemicals, and food & beverages. Improvements in the economic conditions, coupled with stringent guidelines for environment protection, and increasing health concerns have driven demand for high barrier, lightweight, cost-efficient, and bio-degradable packaging products. This further necessitates the requirement for dispensing spouts for increasing efficiency of these packaging products.

Various innovations in dispensing spouts have been introduced in the market, which reduce time, wastage, glugging, and splashing of products. These innovative designs have improved pouring accuracy with increased control and visibility, which in turn is expected to drive growth of the market. In addition, the variety of application offered with more convenience has been further influencing the growth of the global dispensing spouts market. However, it has been observed that dispensing spouts used for water storage are highly prone to growth of bacteria, limiting opportunities for growth of the market.

North America will lead the market, with the market for consumer goods in the region being aligned with the market for dispensing spouts. Factors such as manufacturing practices and consumer preference in North America are contributing to growth of the dispensing spout market. The market for dispensing spout in APEJ is estimated to expand throughout the forecast period. This is mainly attributed to continuously changing retail pattern and lifestyle of people in China and South-East Asia. Global demand for dispensing spouts will increase on the back of its characteristics, which help in lowering carbon footprint of packaging materials, and prices of the products, benefitting end-users.

Key Market Players 

Some players in the global market for dispensing spouts include Tomlinson Industries, AptarGroup, Inc., Precision Valve Corporation, Nilkanth Polyplast., Glenroy, Inc., O.Berk Company, Pöppelmann GmbH & Co. KG, LLC, Rieke Corporation, Stern Engineering Ltd., Weener Plastik GmbH, Liqui-Box Corporation, Elkay Manufacturing Company, Inc., Tacom SA, Uflex Ltd., and Guangdong Danqing Plastic Packaging & Printing Co., Ltd.

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Hinge Lid Packer Machine Market: Analysis of Recent Developments in Technology

Earlier, the packaging of cigars and hand rolled cigarettes involved the use of soft boxes prone to damaging the product. With advancements in the packaging industry and introduction of hinge lid boxes, the demand for hinge lid packer machine received a major boom shooting the revenue by many folds. Hinge lid boxes protected the cigarettes from any external damage encountered formerly. Innovations have been made to make the machine more sophisticated and user-friendly resulting into numerous new models capable of forming any range of boxes from king size boxes to super slim boxed with different format shapes either it be with standard or octagonal corners. Advancements weren’t only limited to these additions, it even led to introduction of different packet configurations and special packets with customization options.

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Hinge Lid Packer Machine Market- Market Dynamics:

Hinge lid packer machine support quick size and format change including the changes in pack styles and corners such as standard and round corners. In addition, the technological advancements in the hinge lid packer machines such as the HMI screens, single-track filler, triple-plunge hopper, cold drying module and many others have also propelled the hinge lid packer machine market. Primary factor driving the hinge lid packer machine market is the dynamic changes in variant of cigarettes which causes a surge in the demand, and so does the need for its packaging thereby, promoting the hinge lid packer machine market. However, the various factors involved in tobacco farming such as heavy pesticide usage, growth regulators and usage of chemical fertilizers deteriorate the soil fertility acting as a major barrier for the growth of tobacco industry and thus the hinge lid packer machine market. Moreover, other factors involving the FDA regulations for the processing of tobacco and the deforestation caused by the tobacco industry that ultimately causes a setback to the tobacco industry also causes a hindrance to the hinge lid packer machine market.

Hinge Lid Packer Machine Market- Market Segmentation:

The hinge lid packer machine market can be segmented on the basis of product type, product configuration, packet type, output rate and application. On the basis of product type, the hinge lid packer machine market can be segmented into king size boxes, slim boxes and super slim boxes according to the requirements of the consumers. On the basis of configuration, the hinge lid packer machine market can be segmented into 5, 10, 20, 30 and 40 cigarettes per box. On the basis of packet type, the hinge lid packer machine market can be segmented into rectangular packets and special packets (with round, octagonal and standard corners) and the hinge lid boxes are mostly made from the cardboard along with a protective film which is often flavored. On the basis of output rate, the hinge lid packer machine market can be segmented into 150-250 ppm (packets per minute), 250-400 ppm, 400-600 ppm, and above. Lastly, on the basis of applications, the hinge lid packer machine market can be segmented into cigarettes, cigarillos and filter sticks.

Hinge Lid Packer Machine Market- Regional Outlook

Geographically, the hinge lid packer machine market can be segmented into five key regions namely, North America, Asia Pacific, Europe, Latin America and Middle East and Africa. Apart from the global and local manufacturers comprising the hinge lid packer machine market, China being the leading manufacturer of tobacco industry drives Asia-Pacific as the leading player in the hinge lid packer machine market and anticipated to witness an above average CAGR over the forecast period. North America being the second largest manufacturing region is also expected to witness a healthy growth over the forecast period of 2017-2024.

Hinge Lid Packer Machine Market- Key Players:

Some of the key players of hinge lid packer machine market are Molins PLC, Focke & Co. (Gmbh & Co. KG), Amcor Limited, G.D S.p.A., Djitoemesindo Private Limited, Sasib S.p.A., ITMGroup, and CME Ltd.

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Oven Bag Market – Pin-point Analysis For Changing Competitive Dynamics

Packaging products have undergone several revolutions since past few years, from invention of freezable packaging to cooking bags. The only thing which is constant in packaging products is “change”. Cooking bag, or, oven bag are highly heat resistant, made up of nylon or polyester and meant for single use. Used for cooking food in a microwave, oven bags offer moisture retention to cooked foods, resolving problems faced by consumers of microwave oven. These bags are extensively utilized in western countries on the back of its ability in retaining moisture of the food while cooking. Oven bags save efforts of consumers in cleaning microwave ovens after cooking.

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Market Opportunities and Drivers 

Rising depletion of fossil fuels, which are neither environment-friendly nor renewable, have compelled manufacturers in increasing awareness about utilization of electric ovens. This is further expected to pave huge opportunities for growth of the global oven bag market. Various innovative products have been introduced in the market, for example – Sira-CookTMSiralon absorbent bag, unique packaging solution for poultry, fish and meat, which allows food in being packed, retailed, cooked, and shipped in the same package. Consumers highly prefer oven bags, not only for the convenience offered, but also for their property of food preservation. In addition, safety provided by microwave ovens as compared to conventional methods of cooking is influencing the growth of the global oven bag market.

There has been a tremendous rise in consumption of meat in Asian regions. Moreover, rapid urbanization and increasing influence of western culture are resulting into a shift of consumer preferences from traditional to modern cooking methods, thereby contributing to sales of microwave ovens. This changing lifestyle of people in Asia Pacific excluding Japan is the key factor impacting growth of the market.

Market Restraints 

Capable of being used only once, oven bags are not sustainable, and this factor is expected to inhibit their demand in the near future. The concerns of authorities regarding increasing waste of plastic might further impede the growth of the market. There has been a growing misconception of food turning radioactive post-preparation in microwave oven. Moreover, high complexity is involved in microwave, concerning the type of material to be utilized inside the oven. The aforementioned factors are estimated to curb growth of the market during the forecast period.

Some key players actively participating in the global oven bag market include Sealed Air Corp, Flexipol Packaging Limited, Xiamen Threestone Packing Material Co. Ltd, Extra Packaging Corp, Reynolds Consumer Products, Sunkey Plastic Packaging Co., Ltd, Huangshan Sinoflex Packaging Co. Ltd, Sirane Ltd, Xiong Xian Xinhuarui Plastic Co Ltd, Terinex LTD, M&Q Packaging Ltd, and Yin Tian Industrial Co., Ltd.

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Emerging Trends Shaping the Future of LED Display Market

Light Emitting Diode (LED) display is a flat panel display that use light emitting diodes for the video display. An LED display consists of several display panels, each including large number of light emitting diodes for video display. Light emitting diodes used in LED displays offer several benefits as compared to other light emitting sources. For instance, high brightness offered by the light emitting diodes has allowed LEDs to be increasingly used in outdoor displays such as billboards, store signs, and digital name plates in transport vehicles. LED displays also offer illumination along with the visual display, as and when used for stage lighting or other decorative purpose.

 

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The overall global LED market has witnessed robust growth in the recent years. The steady growth can be attributed to the rising awareness about energy conservation amongst end-users. With swift penetration of LED technology in backlights of LCD TVs, laptops, and monitors, the LED display market has witnessed increased investment in by manufacturers across the globe. Looking at the opportunistic growth in the overall LED industry, the number of new players entering the market are expected to swell in the next few years. To gain competitive advantage in this technology driven market, the players are striving to offer end-to-end solutions (manufacturing, installation, and after sales service) to their customers. Increasing investment in R&D by the global manufacturers has led to improvements in the LED technology. In addition, it has led to developments in manufacturing processes and packaging, which, in turn has resulted in gradual decline in the price of the technology.

 

Increasing demand for LED displays in outdoor advertisements is one of the major factors driving the market growth. Enhanced features such as energy efficiency, environment friendly, low operational cost, and durability have encouraged marketers and advertisers to use LED displays for outdoor promotional campaigns and advertisement. Furthermore, rising number of live concerts, sport competitions, and corporate exhibitions have further fueled market momentum. High initial cost of LED displays has somewhat inhibited the growth of the LED display market, especially in price sensitive economies such as China and India. However, with the advancements in technology, the prices of LED displays are expected to fall, thereby minimizing the impact of this challenge over the forecast period. Europe and North America collectively accounts for the major chunk of the market revenue. However, over the forecast period, Asia Pacific is expected to witness the fastest growth, majorly on account of infrastructural development and rising number of sport events expected in emerging economies such as China and India.

 

The Light Emitting Diode (LED) display market is segmented on the basis of types, applications, color display, and geography. The LED Display market is segmented on the basis of its types into two major categories, namely – conventional LED displays and surface mounted LED displays. On the basis of applications, the LED display market is segmented into two major categories, namely – backlighting and digital signage. The backlighting segment includes the application of LED displays for television, laptops, mobile and smartphones, and PC monitors among others. Similarly the digital signage application segment is further segmented into two major categories, namely – outdoor signage and indoor signage. On the basis of color display technology, the LED display market is segmented into three major categories including monochrome LED displays, tri-color LED displays, and full color LED displays. Furthermore, the LED display market is also segmented into four major regions, namely North America, Europe, Asia Pacific, and Rest of the World (Latin America, Middle East, and Africa). China and Japan are the major LED display markets in Asia Pacific.

 

Some of the key players in the LED display market include Barco N.V. (Belgium, Sony Corporation (Japan), Panasonic Corporation (Japan), LG Electronics, Inc. (South Korea), Daktronics, Inc. (U.S.) Toshiba Corporation (Japan), Samsung LED Co. Ltd. (South Korea) others.

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Animation Software Market: Analysis of Recent Developments in Technology

Animation software is designed to generate animated images by using computer graphics. It is one of the innovative ways in exercising one’s imaginations, engaging target audiences and promoting businesses. This software generally consists of customizable characters, which can be dragged or dropped, pre-defined sets, libraries of animations and automatic lip synching. The global animation software market can be segmented on the basis of types such as Flipbook animation, Stop motion, 2D animation and 3D animation. Flipbook animation is one of the oldest animation software where the animation is produced using pencil, eraser and drawing pads. This software is cheap, readily available and anyone possessing the basics in drawing skill can easily use it.

 

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However, the flaw with this software is that it does not have an undo button and tasks like erasing and redrawing, when mistakes are committed, could be very time consuming. Stop motion animation software makes use of physical objects for the purpose of creating animation. In this type of animation, the images are captured and physically manipulated so that the images appear to move on their own. The animated visual is very appealing, especially, if toys are used. However, the flaw in using this software is the amount of creativity required in executing various frames at a time. 2D animation software is the digital version of flipbook animation and consists of various tools that can be used to conveniently draw faster.

 

It is also possible to add visual effects and there are built-in functions by which it is possible to take the back-up of work in progress. The flaw in using 2D animation software is that it is expensive and one needs to be proficient in using computers. 3D animation software is used for creating visuals that are realistic and aesthetically stunning. This software is implanted to create blockbuster movies like Batman and Transformers to bring fictional thoughts to real life. There are numerous amounts of tools that are made available for the artist to make the artwork look real, however, the flaw being that learning 3D animation software takes lot of time and can be learned only under proper guidance. Also, this software is beyond the reach for students with no or less income.

 

The rapid advancements in technology have made computer animation available to masses. With the growing popularity of internet, the demand for animated entertainment has expanded and the broadcasting hours by cable TV operators. In the past, animated entertainment was aimed at children but now the animated series are produced for teenagers, adults and the entire family. Another factor contributing to the growth of animation software market is the increasing usage of smart phones. There is stiff competition among the vendors to provide animation applications that are easily supported by Mac and android platforms. Since mobile phones are used for various purposes like watching movies and playing games, the mobile phones form a major end user segment of the animation software. However, the easy availability of open source animation software is the major roadblock adversely affecting the growth of this market.

 

Some of the major players in this line of business include Toon Boom Animation Inc., Side Effects Software Inc., Autodesk, Inc., MAXON Computer GmbH and Adobe Systems Incorporated among others.

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Telecom IT Services Market: A Comprehensive Study Segmented by Key Players

The telecom sector is currently witnessing a rapid rise in competition among the telecom operators which in turn is affecting its profitability and growth. Decline in average revenue per unit is also impacting the telecom industry. Telecom operators are under constant pressure to manage their capital expenditures in network deployment to reduce their operating costs. IT service providers help telecom operators achieve these goals. Thus, the market has currently observed telecom operators outsourcing value-added services comprising content services, next generation communication services and commerce services to IT service providers. This helps telecom operators to curb their operating expenses.

 

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Outsourcing will facilitate the telecom operators to dedicate more efforts towards revenue generating activities, such as customer acquisition. Thus outsourcing is a very crucial development without which the telecom operators would lose revenue in both; marginalization of bearer services (voice and data) and other Value Added Services (VAS). Telecom IT services offered by IT service providers to telecom operators enables the operators to function their business more competently. IT services facilitates telecom operators to deliver the telecom services efficiently and effectively. Moreover, IT services enable operators to understand customer expectations and thus reduce customer churn by enhancing customer service. Increasing need to remain competent and rising financial pressures faced by the telecom operators are the factors driving the telecom IT services market.

 

Telecom IT services market offers a wide variety of solutions such as customer relationship management, mobile commerce, enterprise mobility, network management, supply chain management, operations support system and business support systems.

 

Moreover, the operator portfolio is getting complex mainly due to mergers and acquisitions in the industry. For instance, the takeover of Mobilink Telecom by Broadcom and Bellsouth by AT&T Inc. Integration of the new infrastructure with the exiting operating infrastructure is a challenge to the industry. The telecom operators lack the proficiency required to integrate complex operating infrastructure. Thus to reduce this degree of complexity pertaining to issues related with integrating network and services, telecom operators partners with IT service  providers. Increasing cost pressure, decreasing profits and extensive competitive rivalry are some of the factors that have compelled telecom operators to reach to the IT service providers to optimize their business processes.

 

High capital expenditure needed for IT services and constantly changing government regulations are inhibiting the growth of this market. These factors have resulted in a reduced investment in this market and have proved to be a major hindrance affecting its development. Top players such as Huawei Technologies Co. Ltd. and IBM Corporation dominate the global Telecom IT services market. This dominance is threatened by emerging technologies such as Software Defined Networks (SDN) and Network Function Virtualization (NFV).  Features such as flexibility, virtualization, network automation and orchestration associated with these technologies are expected to create potential opportunities for the telecom IT services market in near future.

 

Some of the major players in the telecom IT services market are Accenture Plc., Amdocs Limited, Alcatel-Lucent S.A., Capgemini S.A., Cognizant Technology Solutions, Telefonaktiebolaget L. M. Ericsson, Hewlett-Packard Company, Huawei Technologies Co. Ltd., IBM Corporation and Oracle Corporation.

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Advanced Metering Infrastructure (AMI) Market – Pin-point Analysis For Changing Competitive Dynamics

The need for grid modernization and positive steps taken by utilities across the world to replace conventional electronic meters with improved smart meters capable of providing improved meter reading and data collection are the most important factors facilitating growth in the global advanced metering infrastructure (AMI) market. Furthermore, launch of dynamic pricing schemes and demand response programs are considered as motivational factors for the use of smart meters. Demand response programs are considered as enablers of growth in the global AMI market. AMI is the integration of hardware, software, and technologies that provide an intelligent connection between consumers.

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Consumers by participating in demand response programs will benefit from lower electricity bills, while electric distribution utilities will be able to avoid investments in expensive new capacity buildings and benefits from a stable load on a utility grid. Through bi-directional communication between the meter and meter data management, the electrical distribution utilities will be able to remotely manage metering assets and collect information on energy usage in a real-time.

 

Use of AMI offers several benefits to the utilities and end consumers, which includes customer service, system operations, and financial benefits. Early detection of meter failures, improved billing accuracy, time-based tariff options to consumers, faster service restoration, and consumer participation in demand response programs are some of the customer service benefits of the AMI. Increased meter reading accuracy, reduction in number of meter reads, easier outage management, and easier energy theft detection are some of the system operation benefits. Financial benefits include shorter outages and faster restoration, reduced support expenses and reduced equipment and equipment maintenance cost. An AMI typically includes smart meters, communication networks, communicating thermosets and other sensors, and meter data management systems (MDMS), and platforms for integrating of data into existing and new software.

 

The overall market for AMI can be segmented into devices and geographies. On the basis of AMI devices, the market can be segmented into smart meters, communication infrastructure, home area networks (HANS), MDMS, and support systems (in-home display units). An increased emphasis on improving energy efficiency and reducing energy peak demands by encouraging participation in demand response programs are the key drivers of growth in the global AMI market. Installation of smart meters as part of advanced metering infrastructure will enable electric distribution utilities to reduce their operational cost as well as improved identification of energy theft, and outage notification. AMI systems help in meter reading accuracy and reducing theft of utilities resulting in an overall financial benefit to the consumer as well as a service provider. Lack of inter-operability standards in most of the countries of the world may hamper growth in the AMI market. The total capital cost of AMI includes costs of hardware, software, MDMS, IT integration, and installation. The declining cost of AMI hardware is likely to impact positively to the growth in the global AMI market.

 

Governments across the globe are encouraging utilities to deploy smart meters at end consumer infrastructure. Moreover, favorable regulatory conditions in North American countries and some part of Asia Pacific are likely to aid rollouts of smart meters in the near future. Presently, North America and Europe dominate the global AMI market. The demand in these regions is majorly driven by governmental support in the form of research and developmental activities of smart grid technology. Asia Pacific is expected to drive the growth of AMI market in the near future on account of the growing population and acceptance of these modern systems by utility companies. Additionally, growing awareness of consumers regarding wastage and consequently carbon footprints is expected to propel growth in the AMI market.

 

Some of the key players in the global AMI market include: Sensus, Schneider Electric SA, Silver Spring Network, General Electric, Landis+Gyr, Itron, Eaton Corporation and Echelon Corporation.

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