Future Trends in Direct Thermal Labels Market

Labels are an essential packaging accessory widely used across major industries. Direct thermal labels are one such type of labels which finds major application in food and beverages, retail, electronics and industrial goods. The direct thermal labels has a specially coated layer which gets chemical activated after application of heat through the print head of the printer. Direct thermal labels do not require transfer ribbon, toner or ink. The direct thermal labels are used across a variety of applications such as in shipping labels, event ticketing, retail bills or receipts and many other such applications. End users of direct thermal labels market, especially in food and beverages and consumer goods sector are in search of low cost solutions such as direct thermal labels.

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Global Direct Thermal Labels Market: Drivers and Restraints 

The global direct thermal labels market has witnessed robust growth in recent years, thanks to the increasing adoption of direct thermal labels in food and beverages industry.  Healthy growth in food and beverages industry is anticipated to be the major growth driver for the global direct thermal labels market over the forecast period also. Direct thermal labels are cost effective as no ink, toner or transfer ribbon is required which makes it comparatively cheap for end users in retail and consumer goods sector looking for economical solutions, ultimately driving the global direct thermal labels. Furthermore, rapid growth of e-commerce in emerging economies is also estimated to be a key driver for the growing demand in the direct thermal labels market. However, as the direct thermal labels are not durable especially when exposed to outdoors or harsh conditions. Hence, durability of direct thermal labels is anticipated to be the major restraint for the global direct thermal labels market.
Furthermore, decreasing cost of direct thermal printers in major markets of Asia is anticipated to create new opportunities for the direct thermal labels manufacturers to expand in developing markets. Moreover, growing end use sectors and applications of direct thermal labels as a low cost alternative to the conventional labelling solutions is also creating new opportunities for the label manufacturers.

Global Direct Thermal Labels Market: Segmentation

On the basis of face stock material direct thermal labels market is segmented as paper and plastic. Plastic segment of the global direct thermal labels market is further segmented as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. On the basis of type of end use the global direct thermal labels market is segmented food & beverages, consumer goods, pharmaceuticals, personal care and cosmetics, and others. The retail industry is anticipated to register highest growth. Moreover food and beverages industry is anticipated to witness lucrative growth over the forecast period especially in Latin America and Asia Pacific.

Global Direct Thermal Labels Market: Regional Outlook

On the basis of region the global direct thermal labels market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Asia pacific is anticipated to be the fastest growing market owing to the robust growth in consumer goods and food and beverages sector. Followed by Europe, North America is anticipated to grow at healthy growth rate. However, Europe is anticipated to register moderate growth in terms of value. Latin America and Middle East & Africa both collectively anticipated to registered slower growth, still growing manufacturer and investor confidence in end use industries in the region is anticipated to create new opportunities for the global direct thermal labels market.

Global Direct Thermal Labels Market: Key players

Some of the players in the global direct thermal labels market are:

• Avery Dennison Corporation
• Labelmakers Group Pty Ltd.
• Blanco Inc.
• 3M Company
• Brady Corporation
• Constantia Flexibles GmbH
• Müroll GmbH

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Duplex Boxes Market – Explores New Growth Opportunities By 2024

Packaging is one the most important plan for any business that wants to sell its product. A product’s package and its design can influence the purchase decision of a customer as it not only provides a sense of quality for the product but also reflects the brand image. Packaging is no longer a tool that protects a product but has several attributes attached to it which drive the sales. Duplex box is a type of packaging from the pool of packaging options.

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Duplex box is called duplex as it is made up of two layers and has outer flaps which meet at the centre, on both top and bottom surfaces. The exterior of the box is generally coated to make it water-resistant and provides a glossy sheen. These boxes are available in different shapes and sizes and are almost used in packaging of almost all the industries including foods, beverages, cosmetics, pharmaceuticals, consumer goods etc.

The global duplex boxes market is primarily driven by the growth in the food and beverage industry and electronics industry, whereas the growth in household care products and personal care products market is expected to drive this demand in the future. In addition, rising ecommerce together with increasing demand and spending for packaged products fuels the growth for the duplex boxes market. Duplex boxes are mostly durable, light-weight and possess high strength, appealing aesthetic value, cost effectiveness and recyclability features, which makes it a preferred way of packaging. All the mentioned features associated with duplex box clubbed with constant innovation in designs boosts the growth in the duplex boxes market. However, growing prices of raw materials and increasing competition due to availability of several alternate products can act as restraining factors for the duplex boxes market.

Some of the leading players identified across the globe in the duplex boxes market are: The Mondi Group plc, International Paper Company, All Packaging Company, Smurfit Kappa Corporation Limited, WestRock Company, Bell Incorporated and Amcor Ltd etc.

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Sprinkle Caps Market – Evolving Industry Trends and key Insights by 2024

Caps and Closures market forms a very important part of rigid packaging industry and is gaining traction due to the increasing demand from the overall packaging industry. Packaging products including caps and closures extends the shelf life of the product and helps in restoring and retaining the flavor of the food items for a longer time. These type of packaging not only make product look attractive that drives sales for the brand owners, but also provide functionality features which widens the customer base. The caps and closures can be used to package different type of containers such as bottles, canisters, tubes, cans and beverages cartons etc.

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Sprinkle caps are type of caps that are used to sprinkle different products like herbs, seasoning, granules and powder etc. through multiple holes. They come in different shape, size and material depending on the product and the packaging required for different product item. Furthermore, due to the growing popularity of sprinkle caps and varied applications being identified, new products in this space are being developed with time. For example, launch of Spoonkler by RPC Containers Ltd for the Bart Ingredients Company’s spice range was introduced when the brand discovered that awkward shape of most spice jars was seen as a hindrance by several customers. These type of frequent innovations are expected to drive the demand in the sprinkle caps market.

Sprinkle Caps Market Dynamics:

The sprinkle caps market is expected to grow at a CAGR of around 4% over the forecast period primarily driven by the growth in the overall Caps and Closures market. In addition, growing innovations by the brand owners to widen their customer base together with expansion in application portfolio further fuels the growth in demand for the sprinkle caps market. Furthermore, one of the recent trends in the sprinkle caps market is the growth in the use of Plastic as material in comparison to other traditional materials such as aluminum, tinplate etc.

Despite witnessing favorable growth opportunities, there are restraints in the sprinkles caps market that can impact the growth in this industry. One of the major factor that can dampen the demand in the sprinkle caps market is the competition from flexible packaging industry as products like pouches etc. can replace the containers that require caps and closures and ultimately prove to be a hindrance for growth in the sprinkle caps market.

Some of the leading players identified across the globe in the Sprinkle Caps market are: Polyoak Packaging, Kornelis Caps & Closures BV, United Caps Luxembourg S.A., Junghans, RPC Containers Ltd, Säntis Packaging AG, O.Berk Company, Synergy Packaging Pty Ltd etc.

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Gloss Labels Market – Trends and Opportunities for the Industry by 2024

Labels have become a very important component for marketers nowadays, as they are not just about information anymore, but have become tool to attract the consumer’s attention and encourage sales. It is estimated that around 76% of shoppers make their purchase decision in-store at the shelf itself, which substantiates the growing importance of labels and packaging in today’s world.

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Gloss label is a type of attractive label which is economical and practical choice for most labelling applications. Also, gloss laminates and UV coatings together protect a label’s inks from smearing. Furthermore, these labels are less costly in comparison to film and possess comparable durability and print quality and can stick to multiple surfaces like glass metal, paper and plastic. However, these type of labels are mostly suitable for indoor applications as outdoor environments can cause fading to gloss labels.

The gloss labels market is expected to grow at a CAGR of around 3% during the forecast period (2016-2024). The growth in the gloss labels market is primarily driven by the growth in the Food and Beverage industry, as the companies in this industry are increasing their use of labels, along with several retail companies. Additionally, increasing number of small and medium-sized companies using labels in a rising number of applications along with increasing number of private-label brands further elevates the growth in the gloss labels market. However, availability of cheaper alternatives like Matte labels together with continuous technological development in the labels market that can result in better and cost effective alternatives that can impact the demand in the gloss labels market.

Some of the players identified across the globe in the gloss labels market are: Kustom design printing LTD, Online Labels, Inc., Laser Inkjet Labels, HERMA group, Future Packaging, Stick with Us, Consolidated Label Co, Avery Products Pty Ltd., Lightning Labels etc.

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Drinking Boxes – Cost Effective Packaging Solution

Drinking boxes are containers designed for transporting and loading. These containers are used for the transportation and for storage of loose fill products and fresh products together with its contents. Drinking boxes are designed with a rigid case, made of coated iron or steel which provides safety and durability to the product. These boxes can be of various shapes, shapes and application types, and are comparatively easier to design and model as per the product requirement. Drinking boxes protect drinkable products from the external environment and from other damages during shipping and handling of those products and also is a cost effective packaging solution. The increasing purchasing power and frequent adoption of innovative packaging tools are some of the factors that have led to the significant growth in the packaging industry including the growth in demand for drinking boxes market. Drinking boxes have made steady progress over the last five years, and are forecasted to grow at a high rate.

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Drinking Boxes Market – Market Segmentation:

The global drinking boxes market can be segmented on the basis of material type, process type, application, and by region. On the basis of material type, drinking boxes market can be segmented into paper & paperboard, metal, plastics, etc. Paper and paperboard type can be further categorized into corrugated card, duplex board, and cardboard. Plastics segment can be segmented into High-density polyethylene (HDPE), Polypropylene (PP), Polyvinyl chloride (PVC) and others. On the basis of the process type, drinking boxes market can be segmented into slitting and longitudinal cutting, creasing, slotting, flap or corner cutting and stitching. On the basis of the application, drinking boxes market can be segmented into alcohol and non-alcohol drinks. Non-alcohol drinks can be further segmented into water bottles, energy drinks, fruit juice bottles, soft drinks and others. On the basis of region, drinking boxes market can be segmented into North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa.

Drinking Boxes Market – Market Dynamics:

Growth in demand for drinking boxes market is expected to grow strongly for several reasons. One of the major factors contributing towards the growth of drinking boxes market is that it is very effective for distribution center usage and also results in the elimination of break packs and hence the unnecessary use of cardboard. Moreover, the cost effectiveness of void-fill materials in comparison to other filling materials is expected to benefit the drinking boxes market. However, government regulations regarding plastic consumptions and manufacturing is expected to hamper the growth of drinking boxes market. Also, the high initial cost of drinking boxes material is considered as another restraining factor for the growth of drinking boxes market.

Drinking Boxes Market- Regional Outlook:                                          

Drinking boxes market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa (MEA), and Latin America. Among these regions, North America, and Europe currently dominate the dinking boxes market. However, Asia Pacific is expected to witness the highest growth in the drinking boxes market as many multinational packaging companies are ramping up their investments in Asia Pacific to tap the unmet need of drinking boxes and also the government support towards boosting manufacturing is attracting multinationals to invest in this region. Furthermore, Asia Pacific dominance has resulted in organizational changes – many new packaging entrants have 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 the Middle East & Africa are expected to witness slow and steady growth in the drinking boxes market over the forecast period. In Latin America, Brazil and Mexico are expected to create market opportunities for companies involved in drinking boxes.

Drinking Boxes Market – Major Players:

Some of the major players identified across the globe in the drinking boxes market are DS Smith Plc., Sealed Air Corporation, Sonoco Products Company, Green Packaging Technology Co. Ltd., Shanghai Boyang Packaging Technology Co. Ltd., ACH Foam Technologies LLC, BASF SE, Bayer AG, NEFAB GROUP, Pregis North America, Smurfit Kappa Group Plc., RockTenn Company, Cascades, Huhtamaki OYJ, Packaging Corporation of America, Zhejiang Kaipei Packaging Co., Ltd. and Linyi Guosheng Color Printing & Packing Co. Ltd.

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Peel and Reclose Packaging Market – A Comprehensive Evaluation of the Market

The flexible packaging industry is arguably the fastest growing segment for propelling the packaging industry to astonishing heights. Peel and reclose packages are the new and growing feature in the flexible packaging industry. Innovative packaging is being offered by peel and reclose manufacturers which enables the package to be easily opened to access the product and easily reclosed for storage.

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Peel and reclose packaging is light weight, which is considered to be the most attractive feature, helping in reducing transportation costs and resources. Peel and reclose manufacturers are focusing on upgrading the new technology and implementing it in packing material. Peel and reclose solutions are used with the packaging on the products on food and beverage products such as cheese, snacks and cereals. Peel and reclose films are also eco- friendly and are available in the biodegradable form which is helpful for protecting the environment.

Global Peel and Reclose Packaging Market: Company and Industry Level Trends

Key Developments:

• In June 2017, UPM Raflatac launches new peel and reclose product for food labeling. This peel and reseal film provides excellent open close functionality for food applications.
• In October 2017, CKF Inc launched a new lidding film that strongly adheres to an EARTHCYCLE TM moulded pulp container which can be easily opened and resealed with a light touch multiple times.

Global Peel and Reclose Packaging Market: Market Dynamics

Growth in demand of the peel and reclose market is anticipated to remain steady for various reasons. Peel and reclose packaging market comes under the category of the convenience packaging. Convenience packaging features such as easy opening, reclosability are some of the prominent features that are driving the market of the global peel and reclose packaging market. Peel and reclose packaging application is a growing feature in the flexible packaging industry.

Peel and reclose packaging market have seen an increase in the penetration of the retail outlets in the Asia pacific region which is driving the demand of the global peel and reclose packaging market. With the rise in population, the need for packaging of fresh food and vegetables is increasing which has created a significant opportunity for the peel and reclose packaging market.

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6 Key Projections on Future of Barn Style Boxes Market

Barn style boxes are primarily used for the packaging of the gifts and food products globally. Increasing consumer demand for convenient food packaging products has led to the innovation of barn style boxes. Barn style boxes are made from corrugated paper which is fully recyclable and compostable. These boxes are lighter in weight and provide longer shelf life to the products stored inside. Due to increasing demand for cost-effective and efficient packaging solution, companies present in the barn style box market are continuously involved in the innovation of their products. The demand for takeaway and packaged food has increased significantly in the last few years which is expected to further fuel the barn style boxes market. Barn style boxes are also available in custom made sizes according to the requirement of the B2B customers.

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Barn Style Boxes Market: Market Dynamics

The barn style boxes market has witnessed a significant growth in the last few years due to the changing consumer preferences towards convenient packaging solution. Also, the high demand for packaged and takeaway food has further increased the demand for barn style boxes in the developed countries. However, the penetration of the barn style boxes for food application is still very low in the developing countries such as India, China, Brazil, etc. Due to increase in disposable incomes of the middle class households in the developing countries, the demand for global packaged food market has increased to approximately US$ 2.6 trillion in 2016. The demand for barn style boxes may decrease due to the introduction of the alternative packaging solutions for the similar packaging applications. There are lots of opportunities for the new entrants in the barn style boxes market to introduce their products in the emerging economies.

The primary applications for the Barn Style Boxes packaging are package food, fresh produce, fruits, and vegetables. All of these account for more than 50%-60% of the overall barn style boxes market, by end use. Also, the growth in the fresh-cut fruits market has boosted the demand of barn style box packaging market in the segment.

Barn Style Boxes Market: Regional Overview

On the basis of region, the Barn Style Boxes market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. The North America and Europe leads the global barn style boxes marker in terms of volumetric consumption. This is primarily due to changing consumer lifestyle and high demand for packaged food in the region. The demand is expected to increase by several folds in the Latin America and Asia-Pacific regions with a CAGR value of more than 7%-8% in the next few years. Japan and MEA region also offer untapped growth potential in the global barn style boxes market.

Barn Style Boxes Market: Market Players:

Some of the key players in the Barn Style Boxes market are Albany Packaging, Southern Champion Tray, LP, WestRock Company, BABCOR Packaging, and Others.

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