Retort Packaging are Ideal for Ready-to-Eat Meals

A recent business intelligence study done at Transparency Market Research (TMR) has foreseen that the future of the retort packaging market belongs to the development of ecofriendly products. And, this trend has been already seeped into R&D practices of several major players who are aspiring greater shares in the packaging industry. The analyst of the report has detected that the shares in the global retort packaging are distributed among a large pool of players. However, a few companies such as Amcor Limited, Mondi Group, Bemis Company, Inc., Sonoco Products, and Sealed Air Corporation do hold slightly stronger positions, which is a reflection of their robust supply network across regions and constant strive for innovation.

Going forward, most of the major companies in the retort packaging market are expected align their product portfolio in sync with changing demand from the food industry. For instance, Amcor Limited offers products such as AluFix Retort Classic for non-demanding applications including meat and pâtés; Retort Pro for demanding applications including ready meals, fish salads, and olives; and AluFix Retort Xtra for aggressive applications including chili tuna salads, tomato puree and sauce, and fish in white wine. On the other hand, Mondi Group has a strong presence in the European region on the back of its retort pouches that are lightweight and strong in appearance, enabling easy transportation and impression.

If the projections of the TMR report are to be believed, the demand in the global retort packaging market will proliferate at a healthy CAGR of 7.45% during the forecast period of 2017 to 2024. Volume-wise, the report has estimated a demand for 72,492 mn units by the end of 2024, which in turn would reflect a revenue of US$24,706.0 mn. Based on product type, the report segments the retort packaging market into trays, cartons, pouches, and others. The pouches segment has been further sub-segmented into gusseted pouches, spouted pouches, back-seal quad, and stand-up pouches.

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On the basis of material type, the market for retort packaging has been bifurcated into cast polypropylene, nylon (Bi-oriented polyamide), polyester (PET), polyethylene (PE), aluminum foil, paper and paperboard, and others including PVC and PVDC. Application-wise, the retort packaging market has been categorized into food including soups and sauces, baby food, pet food, sea food, ready to eat meals, and others, beverages, and pharmaceuticals. The market has also been classified based on type of form, into semi rigid, rigid, and flexible. Geographically, Asia Pacific is anticipated to overtake as the most lucrative region towards the end of 2024, producing more demand for retort packaging than other prominent regions of Europe and North America.

Increasing Uptake of Ready-to-eat Meals Driving Demand

The retort packaging market is feeding off the flourishing food and beverage industry. The demand for packaged ready-to-eat meals is on the rise among urban populations and manufacturers are resorting to these lightweight and flexible modes of packaging that also go a long way in extending the shelf-life of the products. While stringent regulations against the use of PVC and HDPE materials is hindering the market’s prosperity, the players are indulged in the development of ecofriendly products to counter the challenge. The growing demand from the pharmaceutical industry, and rising applications across pet care products are also expected to reflect positively on the retort packaging market in the near future.

Key Takeaways:

• Value-wise, the demand in the global retort packaging is projected to propagate at a CAGR of 7.45% during 2017 to 2024
• Major players are innovating constantly to maintain their stronghold.

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3 Big Advances in the Technology of the Pizza Box Industry

Transparency Market Research points out that the vendor landscape in the global pizza box market is highly fragmented. Leading players are expected to focus on export of their packaging solutions to improve market share. However, introduction of local players due to low barriers is projected to intensify the competition in the global market. Some of the key players in the global pizza box market are International Paper Company, WestRock Company, DS Smith Plc., and Georgia Pacific LLC. In the coming years, companies are likely to venture into developing sustainable packaging solutions as governments across the globe are laying emphasis on reducing carbon footprint.

The global pizza box market was worth US$2,223.0 mn in 2016. During the forecast years of 2017 and 2025, the global market is estimated to exhibit a CAGR of 4.6%. According to the report published by Transparency Market Research, the large boxes, which are about 15 inches and more are expected to be the key revenue contributors. Geographically, North America pizza box market is projected to surpass others with a CAGR of 3.3% between 2017 and 2025.

The global pizza box is primarily being driven by the changing lifestyles that are being dictated by consumption of fast food and packaged food items. Growing number of people in favor of pizzas have been at the very center of surging demand for pizza boxes. The market is also driven mushrooming pizza joints by the dozen. The soaring number pizza-selling chains and independent pizza outlets have also augmented the growth of the global market. Furthermore, the convenience of packaging pizza in varying sizes has also triggered a demand for pizza boxes in multiple sizes. Over the years, the shape, size, durability, and the aesthetics of a pizza box have played an integral role in shaping the positive trajectory of the global market.

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The growth of the pizza box market is also attributable to the booming e-commerce industry, unstoppable adoption of smartphones, and excellent logistics services. Convenience of ordering for food from home or office has thus supported the pizza box industry, as well-designed boxes are the only way of making deliveries successful. In the coming years, advancements to improve the quality of pizza boxes are also expected to work in the favor of the global market. Changes to avert seepage of oils through the container in case of prolonged storage are expected to up the demand for pizza boxes. In the past few years, pizza boxes have been a preferred way of storing pizza as they are built with a capability to withstand high temperatures such as 50 to 70 degrees.

However, the market for pizza boxes does face a few constraints. To begin with the growing realization amongst consumers about eating and living healthy is expected to have a negative impact on the overall market. The exceptionally high cost of manufacturing corrugated pizza boxes is also expected to be one of the downsides for the overall market. Despite the restraints, the market will have a plethora of opportunities as the world will continue witnessing younger generations inclined towards eating fast food. Penetration of big pizza brands in developing parts of the world will also result in higher demand for pizza boxes.

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Bag-on-valve Technology to be Find Large Application in Cosmetics & Personal Care Industry

Bag-on-valve (BOV) is an innovative technology that is designed to offer an alternate means of packaging products. This packaging is desirable to dispense only liquid portion. The global bag-on-valve technology market is witnessing intense competition by the prominent players including LINDAL Group Holding GmbH, Coster Tecnologie Speciali S.p.A., Precision Valve Corporation, AptarGroup, Inc., Summit Packaging System, Inc., KOH-I-NOOR Mlada Vozice a.s, Exal Corporation, Shanghai Golden Aerosol Co., Ltd, and Chicago Aerosol LLC.

Manufacturers have started focusing on providing eco-friendly bag-on-valve technology suitable for liquid, cream, foam, and gel packaging. Product safety is also one of the growing trends in the global market for bag-on-valve technology. Companies are also adopting sustainable packaging processes to comply with various standards set by regulatory bodies. Bag-on-valve technology also leads to zero wastage of the product. The bag-on-valve technology is witnessing strong demand from the cosmetics industry, the food industry and pharmaceutical industry.

Despite being the most innovative spray technology, the aluminum used in BOV prevents consumer to see the product inside the packaging. Hence, companies are also working on launching transparent BOV cans to attract customers. Moreover, regulations on the safety and quality of packaged goods by the regulatory bodies is resulting in manufacturers to conduct research activity on the material used in developing BOV system.

The global bag-on-valve technology market is expected to increase to a CAGR of 4.4% during the forecast period 2017-2024. The global market for bag-on-valve technology is also estimated to reach US$ 500.1 Million revenue by the end of 2024.

The global bag-on-valve technology market is divided into segments based on the container type, valve type, product type, application type and capacity type. Based on the product type, the market is segmented into Standard B.O.V., Aerosol B.O.V., and Non-spray / Low-pressure B.O.V. Among these, aerosol B.V.O. is likely to witness the highest growth.

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On the basis of valve type, the global market for bag-on-valve is segmented into male valve and female valve. Male valve is expected to be used on a large scale as compared to the female valve.

In terms of container type, the market is segmented into tip plate, aluminum, plastic, and steel. Among all these, an aluminum container is likely to gain maximum traction in the global bag-on-valve technology market. Meanwhile, tin plate is also expected to see a strong growth in the coming years.

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What is the Future of the Pulp Industry?

The global pulp market is anticipated to witness a healthy growth rate over the coming years. According to a recently published report by Transparency Market Research (TMR), the worldwide pulp market comprises of a large number of players, rendering its landscape extremely competitive. Market vendors are expected to focus on improving their product quality and resort to competitive pricing as well, to enhance their position in the market. A number of established market players are seen engaging in expansion of their facilities so as to enter into long term contracts with users. Key players profiled in TMR’s report include Nippon Paper Group, Rayonier Advanced Materials, UPM-Kymmene, Packaging Corporation of America, and Oji Paper, among others.

Our report predicts that the revenues from the sales of pulp will touch US$60,000 mn by the end of 2026. Over the forecast period of 2017 to 2026, the market is foretold to rise at a steady 3.7% CAGR.

Chemical wood pulp has been witnessing an immense surge in applications, especially in the production of high-quality paper. A number of processes, such as the semi-chemical pulping aid preparation of neutral solutions which are utilized for cooking wood chips, are providing traction to this market. Moreover, semi-chemical wood pulp is relatively cost effective as compared to pulp produced from other chemical methods. Semi-chemical wood pulp has myriad applications such as manufacturing paperboards, magazines, cartons, fine paper, and tissue paper.

Geographically, the growing demand for paper-based products has propelled the Asia Pacific Excluding Japan region to the forefront, with the market vendors in in this region concentrating on enhancing their pulp production capacity. In addition, high chemical pulp production and export, along with soaring demand for paper will augment demand for pulp in APEJ.

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Demand for Tissue Paper to Provide Lucrative Growth Opportunities

Tissue paper is an essential item for maintaining hygiene, on account of which their demand is expected to surge, thereby boosting the growth of the global pulp market. Besides, the flourishing packaging industry all over the world, thus along with t pulp for hygiene products, is expected to provide a considerable boost to the global pulp market. While still a smaller market, pulp for textile applications is growing and is expected to contribute substantially in the coming years.

Pulp is widely used for the production of primary and secondary packaging solutions, on account of its cost-effectiveness and high cushioning and protective properties. Facilitated reprocessing of pulp along with its biodegradability further creates enormous opportunities for utilization of pulp in packaging solutions. As pulp packaging is emerging as one of the effective “green” packaging solutions, companies focusing on projecting an eco-friendly brand image are increasingly adopting pulp packaging products. Demand for pulp packaging will remain robust among a wide range of end-use industries.

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What are the Consumer Beverage Packaging Trends?

Leading vendors in the global consumer beverage packaging market are concentrating on enhancing their product portfolio in a bid to gain a competitive edge. Some of the leading companies in the market, as profiled by a Transparency Market Research report, include Subaru Corporation, Ryobi Limited, Lifan Industry (Group) Co., Ltd, Briggs & Stratton Corporation, Wuxi Kipor Power Co. Ltd., Toshiba Corporation, Hyundai Motor Company, Generac Holdings Inc., Champion Power Equipment, Inc., Yamaha Motor Co., Ltd., and Honda Motor Co., Ltd.

According to a Transparency Market Research (TMR) report, the global consumer beverage packaging market is expected to witness an average expansion, with sales increasing at a CAGR of 4.7%, in terms of volume, during the forecast period. The global consumer beverage packaging market is estimated to bring in more than US$ 130,000,000 Mn revenues by 2026-end.

The consumer beverage packaging is witnessing evolving trends that are likely to impact the brand packaging design and also influence the way consumer interact with packaging for beverages. Personalization is one such trend that is growing in the beverage packaging on a faster phase. Brands are engaging with customers on a more personal level by offering personalized experience. For instance, companies introducing personalized bottle with names for some special occasions, making customer feel more connected with the brand. Meanwhile, lightweight bottles and cans are also becoming popular among various brands, thereby offering convenience to the customers and saving cost on the raw material for brands.

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Manufacturers in the beverage packaging market are also focusing on partnership and acquisition of firms specialized in product design specialized. This is expected to help in expansion of product portfolio with unique offering, thereby attracting customers. Advanced robotic machineries are also finding place in beverage packaging companies to reduce wastage, boost the production process and reduce errors with the help of real-time data collected on various stages in the production process. Also, the focus on packaging that can keep beverage fresh for a long time with any preservatives is also increasing. Bottles and cans in range of sizes with easy-to-open feature are also being introduced in the market. The trend of transparent packaging and clear packaging is also rising, enabling customers to actually see what product looks like.

The consumer beverage packaging market is slated to record the fastest expansion in North America, in terms of value and volume, through 2026. In terms of value, the market will register similar CAGRs in Asia-Pacific excluding Japan (APEJ) and North America through 2026. Revenues from consumer beverage packaging sales in North America however will account for the largest market share during the forecast period, followed by Europe and APEJ. In terms of value, the markets in Japan and Latin America are projected to rise at nearly equal CAGRs through 2026, with Latin America estimated to remain relatively more lucrative than Japan for the consumer beverage packaging market’s growth.

Paper & paperboard will continue to be sought-after among materials for consumer beverage packaging, followed by metal. Revenues from use of paper & paperboard for consumer beverage packaging will account for more than two-fifth share of the market by during 2017 to 2026, in terms of revenues.

Containers to Remain Preferred Packaging Type in the Market

Containers (plastic containers, metal cans) are anticipated to remain preferred packaging type in the market. Revenues from sales of containers (plastic containers, metal cans) are estimated to remain significantly larger than those from all the other packaging type segments combined.

Although bottled water is expected to remain dominant among applications in the global consumer beverage packaging market in terms of value, revenues from carbonated soft drinks application will increase at a relatively higher CAGR through 2026.

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3D Pharmaceutical Packaging – Future-Proofing For Next-Gen Drug Packaging, Delivery Devices

In absence of marketer, packaging is the face of a product which communicates with the customer. Packaging has become one of the best performing industry in the world in terms of growth prospects. It is now not only a mode of carriage, rather a more lucrative opportunity to create brand awareness. Packaging plays a crucial part of the drug delivery system and is also a core element of the marketing sector. Among many packaging types, 3D pharmaceutical packaging market holds an important area in packaging industry. 3D pharmaceutical packaging is changing at a rapid pace with modern technological advancements. However, it is also important to consider that pharmaceutical packaging materials is controlled by regulations like compendia standards, performance testing, Food and Drug Administration (FDA) Guidance, which changes time to time. Moreover, with introduction of various pharmaceutical products and drugs every year, the demand for pharmaceutical packaging is expected to witness significant growth over the forecast period. Integration of new technologies in packaging of pharmaceutical products will result in new forms of 3D pharmaceutical packaging in the near future.

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3D Pharmaceutical Packaging Market- Market Segmentation:

Global 3D pharmaceutical packaging market is segmented on the basis of product type, by technology type and by heat seal coating type. On the basis of product type the global 3D pharmaceutical packaging market can be segmented as bottles, blister packs, ampoules, vials, tubes and others. On the basis of technology type, 3D Pharmaceutical Packaging Market can be segmented into thermoforming technology and cold-forming technology. On the basis of heat-seal coating, 3D pharmaceutical packaging market can be segmented into water-based and solvent based heat-seal coating.

3D Pharmaceutical Packaging Market – Market Dynamics:

Many of the pharmaceutical companies find difficulties to find out how the final product will be look like, 3D pharmaceutical packaging can create a prototype to stimulate the final product. Moreover, 3D pharmaceutical packaging allows to increase brand identity of the particular product which immensely help to stand alone in the crowd, this is one of the major reasons for the growth of the 3D pharmaceutical packaging market. In other aspects, innovation in packaging technologies is driving the force to make customized packages as per the client need, which helps to create market opportunity for 3D pharmaceutical packaging industry. On the other hand, the restraining factor towards the growth of the 3D pharmaceutical packaging market is the high cost per packaging product. The major opportunity for 3D pharmaceutical packaging market is to increase different categories of pharmaceutical product in different application segment in pharmaceutical packaging industry.

3D Pharmaceutical Packaging Market – Regional Outlook:           

Geographically, the global 3D pharmaceutical packaging market is segmented into North America’s 3D pharmaceutical packaging market , Latin America’s 3D pharmaceutical packaging market, Europe’s 3D pharmaceutical packaging market, Asia-Pacific’s 3D pharmaceutical packaging market

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and the Middle East & Africa’s 3D pharmaceutical packaging market. The global 3D pharmaceutical packaging market is expected to witness a stable CAGR over the forecast period of 2016-2024. Moreover, North America is expected to be the largest 3D pharmaceutical packaging market due to growing demand of pharmaceutical industry. Apart from this, the wide evolution of the retail sector in the upward economies such as India & China is expected to boost further the sales of the 3D pharmaceutical packaging market in Asia Pacific by the end of the forecast period of 2016-2024.

3D Pharmaceutical Packaging Market – Major Players:

Some of the major players identified across the globe in the 3D Pharmaceutical Packaging Marketare Amcor Ltd., Bemis Healthcare Packaging, Owens-Illinois, Aptar Group, Inc., Sealed Air, Ball Corporation, Anchor Packaging, Berry Plastics, Gerresheimer, Becton, Dickinson & Company, Capsugel Inc., Westrock and Catalent Pharma Solutions Inc.

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New Developments and Future Trends in Medical Tubing Market

Medical tubing plays an important role in variety of healthcare applications and market is experiencing steady growth due to growth of medical procedures such as minimally invasive surgeries and medical devices that uses tubing. Increasing aged population and growing concern about health problems, especially in developing nations like Asia-pacific driving the population to spend money on quality healthcare facilities and services which contributes as one of the drivers for global medical tubing market. Large volume of medical tubing is used in bulk disposable tubing application.

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Government of several countries are taking initiatives to improve the quality of their healthcare infrastructure which results in increasing demand for medical tubing. The demand for Polyvinyl chloride is expected to remain high during the forecast period because of its equivalent functional properties and low cost as compared to other polymers. Polycarbonate, polyamides, florupolymer, PEEK etc. are some of the specialty plastics used for medical tubing in very small volume.

The drug delivery system segment in the global medical tubing market is anticipated to experience a significantly high CAGR during the forecast period. Many companies are expanding their business across the globe to fulfill the demand for medical tubing. Silicones is the fastest growing material type and it is expected to expand with high CAGR during the forecast period.

In terms of geography, the global medical tubing market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global medical tubing market is expected to register healthy CAGR during the forecast period. Currently Europe is on the lead for this technology followed by North America. Asia-Pacific region possesses enormous potential for growth of medical tubing market due to the raised standard of living and government initiatives. China, Japan, India and Australia are some of the key countries contributing to the growth of Global Medical tubing market.

Some of the key players in the global medical tubing market are Saint-Gobain Performance Plastics, LLC, W.L. Gore & Associates Inc., Freudenberg Medical, Dow Corning Corporation etc.

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