Coin Deposit Bags Market – The Biggest Trends to Watch out for 2017-2025

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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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.

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.

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).

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Electric Nasal Spray – Most Effective Method of Drug Delivery

Effective delivery of drugs is one of the issue for which many researches are conducted all over the world. Various developments are introduced continuously for this purpose. Nasal spray is now getting popular in the world as a more effective method of drug delivery. Many Pharmaceutical firms are introducing the same drugs in nasal spray packaging instead of syrup or tablets or any other form. The nasal sprays can be equipped with electronic circuits that can provide additional features in it. Due to lack of awareness or in the heat of the moment of excessive pain, patients often take extra doses of the medicine. E-lockout is a feature introduced in electric nasal spray that limits the doses of the medicine and protect the patient from adverse effect of the medicine. This feature is introduced in the market in consideration of cancer patients who suffer from breakthrough pain and doses themselves with nasal spray pain relief. The electric nasal spray market seems to have good potential in future.

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Electric Nasal Spray Market Dynamics

Technological advancement and demand of improvement in medical science has resulted in various features in nasal sprays. An electronic system is introduced in the electric nasal spray market which identifies the type of drug and also checks its expiry date. The drug is not passed through spray if the drug do not follow certain parameters. Also, this defines the parameters for drug delivery. E-lockout feature prevents the over dosing of the drug which is boon to cancer patients specially. Some nasal spray provide electronic atomizer which creates small tornados of very finely atomized drug. This ensures the effective dosing of drug to the patient which in turn has led to the growing demand of global electric nasal spray market. The electric nasal spray are being equipped with a small LCD screen which displays doses, sound reminders and more. Although, the additional electronic features are desirable in a nasal spray, battery capacity plays an important role in success of electric nasal spray market. The number of electronic features increases battery usage and thus reduces battery life. Furthermore, the high cost, charging requirement of the electric nasal spray will reduce the proximity of the device from the pharmaceutical companies to bring the application electric nasal spray for high degree of commercialization restraining the growth of global electric nasal spray market.

Electric Nasal Spray Market Regional Outlook

Cancer is second highest cause of death in the whole world. The number of cancer patients is expected to increase by more than half of present value in next to decades. Eastern Asia is most prominent region for cancer patients with around one third of world’s cancer patients in the region. Significant potential has been observed in North America making it the largest market for the global electric nasal spray market. In addition, Asia Pacific followed by North America is anticipated to be the second faster region for the global electric nasal spray market. The electric nasal spray market of Europe seems to have good potential also due to high population of respiratory disease patients and also highly developed medical science and hospitals in the region. Latin America is already having high demand of nasal spray and thus good potential for electric nasal spray market in the regions registering a decent CAGR over the forecast period.

Electric Nasal Spray Market Key Players

Some of the key players of the electric nasal spray market are

• Aptar Pharma (India) Pvt. Ltd.
• Kurve Technology, Inc.

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Refurbished Phones Packaging – Cost-effective and Eco-friendly Packaging Solution

The refurbished phones packaging market is booming due to increase in demand for of refurbished phones. All of the major players in the phone manufacturing market are opting for the trade-in of the old smartphones and sell them to end consumers at higher margin rates, comparable to new phones. This overall process will encourage the sellers to buy a new smartphone which will ultimately increase company’s revenues and simultaneously it will also fulfill the desires of a buyer to buy lucrative phones at lower costs. To deliver these refurbished phones to end users, a brand new packaging is required. Refurbished phones packaging product is mainly made up of the sturdy corrugated cardboard. The box formed of this type of cardboard material is anticipated to be cost-effective and eco-friendly packaging solution. The corrugated cardboard is 100% recyclable and reusable. The product is easy to transport without any losses in transit hence preferred in refurbished phones packaging.

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The main driving factor for the Refurbished Phones Packaging Market is co-related with the consumer orientation towards buying an unaffordable premium phone i.e. a refurbished phone at a cheaper price. IN turn, reflecting growing demand for refurbished phones packaging for refurbished phones Growing trend for sophisticated and cost-effective packaging solutions over traditional packaging alternatives is boosting the major trend for the refurbished phones packaging market. The entire selling process includes resetting an old phone, repairing the same if required, and then packing it in a new packaging product before delivering it to end consumers. Furthermore, growing reassurance of consumer’s on refurbished phones as well as e-commerce players luring consumers through deals on the refurbished mobile phones have translated into the rising demand for refurbished phone packaging ultimately driving the market.

The Global Refurbished Phones Packaging market is segmented across following regions- Asia-Pacific, Eastern Europe, Western Europe, North America, Latin America, Middle East and Africa. There is an enormous growth potential in this market to grow substantially over the entire forecast period at a higher combined annual growth rate all over the world. The overall refurbished phones market accounts for approximately 7-8% of the overall phones market. As the refurbished phone users are increasing worldwide, the demand for refurbished packaging products will also increase. In North America and Western Europe, the refurbished phones market revenue has increased about 60-70% in last two years. There are a fewer manufacturer for this specific product in these regions. So this may create an opportunity for the manufacturers to invest in these emerging markets. Other regions including Asia-Pacific, Middle East & Africa, and Latin America are also witnessing the similar trends and is expected to grow in the coming years.

Some of the key players in the Global Refurbished Phones Packaging market are Bright Sea Industrial Co., Ltd Dongguan Jinshang Printing & Packaging Co., Ltd., Nanjing Tenese Import and Export Co., Ltd., Miaoxin Pack Printing Co., Ltd., Shenzhen Worthypack Co., Ltd., Shanghai Shallow Moon Printing & Packing Co., Ltd., Zhuhai Modern Packaging Co., Ltd., Guangzhou Huaheng Plastic Products Co., Ltd., Foshan QualiPrint Co., Ltd., Xiamen Xinlongqiao Industry & Trade Co., Ltd., Guangzhou Weiye Color Printing Co., Ltd., Shanghai Hong Ming Printing Co., Ltd., Guangzhou Igiftbox Printing & Packaging Co., Ltd., Pragati Offset Pvt. Ltd., Parksons Packaging Ltd., Plastic Ingenuity.

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Meal Kit Packaging Market – Packaging Solution That Attract the Customer Attention

The fast-paced life of today, making consumers to cut down daily activities as much as possible and utilize that time into more productive activities. Cooking is one of such activity which is disappearing from daily life. Today consumers want to save their time in all possible way, starting from buying groceries for their kitchen or cooking daily food. Other aspect of changing in cooking preferences is to optimize the food expenditures. Rising food inflation hitting hard on consumer’s food expenditures. So one wants to reduce the wastage of food when someone buy groceries for long term or when someone prepare excessive food. Preserving the food from spoilage also incurs huge cost. So to address these demands meal kit are providing an apt solution ultimately necessitating the appropriate packaging for the same.

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Meal kit concept is relatively new phenomenon in the global food & beverage industry, which is changing rapidly over the last few decades. When a consumer wants to optimize his cooking time and food expenditure, and same time he want to have a cooking experience which he loves, then Meal Kit is the paramount choice.  Meal kit is the delivery of precut ingredients and recipes to customers who prepare themselves. Packaging is the major concern in the meal kit, as most of the products are exceedingly perishable.  The meal kits are expected be sheltered from contamination, damage and loss of shelf-life & freshness.

Meal Kit Packaging: Market Dynamics

Global meal kit packaging market is growing in fast-phase. The growing time limited working class population, demand for nutritious yet home cooked food and changing food habits are the major factors stirring the popularity of meal kits eventually driving the demand for the meal kit packaging. Rising Consumer awareness about fitness and nutrition, demanding readymade balanced diet in meal kits is translating to the rising demands of Meal kits across the developed regions ultimately propagating the growth for meal kit packaging market. With meal kit one can prepare his own food with proper nutrients and cleanliness. Dwindling consumer belief in ready meals and restaurant foods is shifting the consumers on home cooked food with inventive cooking options such as meal kits provide global meal kit packaging market new opportunity to innovate and tap the lucrative packaging market. Meal kit industry players also thinking to attach a label on the packaging so the waste can be collected back. This fact largely helps in environmental protection and keeping clean environment. Recollected packaging materials can be recycled and packaging raw materials cost can be bought down. Food waste can be treated to convert it into dog food. Packaging for meal kit delivery has pronounced influence on consumer purchase. Meal kit companies provide wide variety of recipes with balanced nutrition, diet and with varying tastes. Still this market is in its initial phase.

Meal Kit Packaging: Market Segmentation

The global meal kit packaging industry can be segmented based on material, product and application. Based on material global meal kit packaging market is segmented into paper, metal, plastic and glass. Based on products it is segmented into cartons, thermoform trays, pouches, films and others. Based on application it can be segmented into food & beverages. Furthermore, Beverages can be further sub-segmented into carbonated beverages and non-carbonated beverages.

Meal Kit Packaging Market: Regional outlook

Meal kit packaging market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.  The North America is anticipated to be the major and at the same time fastest growing market in the global meal kit packaging market. Furthermore, growing consumer acceptance of meal kits in European region is translating it into rapidly growing region followed by North America. Furthermore, Asia Pacific region is posed to show vast opportunities for the global meal kit packaging manufacturers in near future. Middle East and Africa is anticipated to show sluggish growth while it is expected that rising living standard and changing consumer consumption landscape in the region is to benefit the meal kit packaging manufacturer in future.

Meal Kit Packaging Market: Key players

Some of the players in the global Meal Kit Packaging market are Amcor Limited (Australia), Bemis Company Inc. (U.S.), Sealed Air Corporation (U.S.), Huhtamäki Oyj (Finland), International Paper Company (U.S.), WestRock Company (U.S.),  DS Smith Plc (U.K.),  Constantia Flexibles Group GmbH (Austria),  Smurfit Kappa Group (Ireland), Rengo Co. Ltd. (Japan), Coveris Holdings S.A. (U.S.),  Sonoco Products Company (U.S.),  Berry Plastics Group Inc. (U.S.),  Mondi Group (Austria),  Reynolds Group Holdings (New Zealand)

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Promotional Tags Market – Retail Industry to Witness Tremendous Growth

The global retail industry has transformed over the past few years and continues to witness tremendous growth. Consumer preference, although on a continuous evolutionary path, inclines toward products from a familiar and trusted vendor. Capitalizing on that, vendors provide promotional giveaways in the form of gifts and prizes, which serve two purposes. To begin with, promotional giveaways act as an advertisement for the company, its brands or products. Also, they help retail the consumer-base for a vendor, and increase the number of loyal consumers. In today’s era, consumers are more aware and concerned about the product quality and the vendor’s credibility than we think.

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As a result, it is critical for vendors to have loyal customers, who would not change the vendor unless provided with a reasonable alternative. Promotional tags, given to regular or prospective customers of a brand, are usually carried in person by the consumer, and therefore indirectly act as brand ambassadors for the product or company. The high preference for promotional tags can be attributed to the reasons mentioned above.

There are several reasons why the global promotional tags market is expected to see a steep rise in terms of sales, over the forecast period (2017-2027). The promotional tags market is anticipated to grow on the backdrop of retail sector growth, which is currently staggering around 3%. Other contributing factors are, increase in disposable personal income, which is up by an estimated 3% from last year. This can be attributed to increase in average income of an individual. Emerging economies are witnessing this on a much larger scale than developed regions. From a supplier perspective, promotional tags are useful for increasing the number of loyal customers, which indirectly leads to increase in savings.

It costs much less to serve a loyal customer who is familiar with the line of service, than a new customer who is only beginning to use the products of that company. The factors which are expected to act as drivers for the global promotional tags market are, customizability – promotional tags are small and portable and come in a variety of sizes and shapes, which in turn, has more appeal to consumers. Promotional tags are small, and usually carry the company’s logo, which helps the company use the loyal customer as a resource to increase brand awareness. Competition among vendors is in terms of shape and design of promotional tags.

Major factors that might acts as restraint for the promotional tags market are – alternative advertising solutions, such as ote displays, growing tendency of brands to leverage the benefit of IoT to increase brand awareness. Also, disrupting factors cannot be overlooked, as any new entry in the market that appeals more to the modern consumer than traditional brand advertising, can take the market by storm.

Some of the key players operating in the global promotional tags market are – National Band & Tag Company, Universal Tag, Inc. and Gemini Industries.

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Industrial Trays Market – The Biggest Trends to Watch out for 2017-2025

With regards to the modernization of technology and machinery, the need for convenient storage and handling of raw, semi-finished and finished materials have elevated. These conditions have led to innovation in the design of packaging of industrial trays across the leading global manufacturers. Over half of the application use of industrial trays are from work-in-progress component across automobile, general industries, and electronic component manufacturers. Manufacturers of industrial trays have taken into consideration the need for secure transportation and using barrier material such as CPET, APET, RPET, Acrylonitrile-Butadiene-Styrene (ABS) which has extended the shelf-life of the product. Moreover, leading producer of industrial trays is taking into consideration the aseptic manufacturing process which prevents crystallization and ensures the product remains sterile without the need for refrigeration, eventually increasing the products self-life.

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One of the driving factors of industrial trays are ESD trays which are anti-static, such trays prevent electrical component, and semi-conductor parts from static electricity damage during storage and handling. Also, a noticeable factor is that the global tray packaging market is witnessing a double digit growth rate across the North America and Asia-Pacific market, these regions is further anticipated to remain dominant over the forecast period.

Dunnage industrial trays are in high demand due to distribution efficiency provided to O.E.M manufacturers which render smooth handling of WIP components. Such trays are manufactured using sustainable materials which ensure easy integration with the existing system line, thus reducing the cost and increasing efficiency. Industrial trays ensure the products are stored efficiently which minimum space usage, thus saving an immense logistic cost of O.E.M manufacturers.

Also, some of the global leading industrial trays manufacturers are focusing on research and development to manufacture automated self-locking trays which further ease the process of loading and unloading of product, eventually rendering easy tracking and movement of goods. Moreover, with increasing growth of food, pharmaceutical, and manufacturing industry the demand has subsequently surged across industrial trays packaging market.

Industrial Trays Market – Market Segmentation:

Global Industrial Trays market is segmented on the basis of technology type, application type, end use base and material type. On the basis of technology type, industrial trays is segmented into molded fiber technology and thermoform technology. On the basis of application type, industrial trays are segmented into cable trays, flexitrays, dunnage trays, punnet trays, assembly trays. On the basis of end use base industrial trays is segmented into food and beverages, pharmaceutical, automobile, personal and healthcare, general industrials, electrical and electronics components manufacturer. On the basis of material type, industrial trays are segmented into metal and plastic. Metal industrial trays are further sub-segmented into steel and aluminum, on the other hand, plastic industrial trays are further sub-segmented into polypropylene (PP), polystyrene (PS), polyethylene terephthalate (PET), polyethylene (PE), polyvinyl chloride (PVC).

Some of the key players operating in the global industrial trays market include Parmar Industries, Engineered Component & Packaging, LLC., Vel Pack Industries, Prent Corporation, Tray Pak Corporation, Dordan Manufacturing Company, Molded Fiber Glass Trays Company, Bardes Plastics, Inc.,Innovative Plastech.

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Vial Cap Sealing Machines: Reduces the Possibility of Errors in Any Process

The small bottles made up of glass or plastic like polypropylene are known as vials. These are used with special capping to keep the liquid or powder in the vial safe from contamination. For crimped seals, high-quality aluminum vial caps are used due to its exceptional formability and strength, while for non-crimped seals, plastic vial caps are used which are made up of polypropylene, natural rubber or other such unique material. With the increased importance of isolation of the product, it is important to use more accurate method for capping or sealing the vial. Automation directly reduces the possibility of errors in any process and thus, vial cap sealing machines market is succeeding.

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Vial cap sealing machines market is dependent on parent markets like the pharmaceutical industry, beverage industry, and cosmetic industry. A vial cap sealing machine is specified by the diameter of the cap, the height of vial, vial diameter, and vial height. Vial cap sealing machine are made a bit flexible to adjust more than one size of the vial. The range of various adjustments is a driver in vial cap sealing machines market. In addition the efficiency in capping is also anticipated to be the major driver vial cap sealing machine market.

Higher the speed of machine while maintaining good accuracy, higher will be the productivity of the machine. Various safety features like “No vial no cap,” halt in operation in the absence of cap, gradual pressure sealing system, safety clutch to stop the machine in case of jamming or overloading and many other features saves a lot for the company. Advancement in such safety features plays a key role in vial cap sealing machines market. There is always a scope for improvement in any technology, and better solutions for capping would acquire the market in future. This fact is a restraint to the vial cap sealing machines market. Further, some technological advancement for automation, speed, and accuracy of vial cap sealing machine can be an opportunity for the vial cap sealing machines market.

Due to government regulations and standards of pharmaceutical industries, rapid growth in global vial cap sealing machines market is expected. In 2015, North America ruled the market by accounting for more than one-third of world’s vial packaging. Moreover, the global pharmaceutical industry is growing at a higher rate. North America and Asia-Pacific consumes around one-third of world’s caps and closures each creating lucrative opportunities for the Vial Cap Sealing Machines Market. Western Europe also has significantly higher demand. Global demand for Vial Cap Sealing Machines Market is further expected to increase at a steady rate. Developing countries have shown a rapid growth in recent years in Vial Cap Sealing Machines Market. With growing pharmaceutical industry, high population growth as well as awareness amongst manufacturers, vial cap sealing machines market is proved to be lucrative in Asia Pacific. Another reason for increasing competition by local producers in this region is the low cost of manufacturing.

Europe and North America are leading in pharmaceutical supplies as well as in the production of pharmaceutical packaging machines. The cosmetic industry is increasing at a steady rate, particularly in US and European countries, rapid growth is experienced. Asia Pacific is estimated to have the maximum demand of packaging machinery in 2017 followed by Western Europe. Pharmaceutical and packaging industry in the Middle East and Africa is relatively stable and having the comparatively lower demand for Vial Cap Sealing Machines Market in the region.

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