Bag-in-Box Containers Market – Key Players, Growth, Analysis, 2017 – 2024

An increasing number of players in the bag-in-box containers market have been focusing on capacity and geographical expansion in recent years. Offering cost-effective solutions for applications such as smoothies, dairy products, liquid detergents, and cereals has also been a major goal for manufacturers.

A recent trend that Transparency Market Research (TMR) has observed is the introduction of additional features to containers, such as aseptic liner bags and changeable liner bags. Options such as sight glass, which enables the user to check the contents and filling levels, and dropside packaging have also been introduced in the market. “Providing end users such as food establishments and quick service restaurants such innovative solutions is an important move by players to further their share in the market,” a TMR analyst states.

Some of the leading vendors providing bag-in-box container solutions are Smurfit Kappa Group,CDF Corporation, Optopack Ltd, Amcor Limited, DS Smith, Liqui-box, Scholle IPN, and TPS Rental Systems Ltd.

The introduction of cubitainers as an alternative to bag-in-box containers is anticipated to dampen the sales of the latter. Cubitainers are an economical and space-saving way of storing, transporting, and dispensing liquid products such as reagents, cooking oils, chemicals, buffer solutions, and soaps and detergents. “The advantages of cubitainers over conventional bag-in-box containers are many, which poses a severe threat to the bag-in-box containers market,” the analyst reveals. Moreover, additional equipment costs associated with bag-in-box container packaging are likely to restrict the adoption of these products in several end-use industries, especially those in the emerging markets of the Middle East and Africa and Asia Pacific.

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Customized Bag-in-Box Containers Present Lucrative Growth Opportunities

By value, the global bag-in-box containers market is anticipated to expand at a CAGR of more than 6.3% during the forecast period of 2017 to 2024. The sales of bag-in-box containers is estimated to be valued at US$4,587.7 million by the end of 2024. The food and beverages industry is the largest end user of bag-in-box containers with a three-fourth share in the overall market. Within this segment, the use of bag-in-box containers in the packaging of alcoholic beverages accounted for a 57% share in the F&B segment. The usage of bag-in-box containers in household applications is anticipated to expand over the course of the forecast period at 9.1% CAGR, the highest thus far.

TMR forecasts that the Asia Pacific region is bound to gain traction in the coming years as far as the bag-in-box containers is concerned. “There has been a surge in investments in the APAC bag-in-box containers market, where the presence of product manufacturers is quite strong,” the author of the report states. “Countries such as China and India and several ASEAN countries have been witnessing a boom in the food and beverages industry, which has translated to the escalating demand for innovative packaging solutions. The APAC bag-in-box containers market is most likely to benefit from this robust rise in demand.”

Key Takeaways:

• Global bag-in-box containers market is to attain a valuation of US$4,587.7 million by 2024
• Asia Pacific turning into a highly lucrative region, feeding off mushrooming of quick service restaurants
• Household applications of bag-in-box containers is one the rise

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Printing Paper Market Segmentation, Market Players, Trends 2028

According to the latest market report published by Transparency Market Research, titled ‘Printing Paper Market’: Global Industry Analysis and Forecast 2017-2025’, global printing paper market is estimated to be at US$ 56,189.4.5 Mn by 2018 end and is expected to grow at a CAGR of 4.9% during the forecast period (2018-2028). The market has witnessed solid growth during the past few decades, owing to drastically increasing consumption of paper.

The concern for government authorities regarding the dumping of plastic waste and to use paper so that it can get recyclable very easily is considered to be the prominent factor which is driving the growth of the global printing paper market. Growing preference for print marketing by using printing paper, and increase in need of sustainable paper use are some of the prominent factors which are expected to fuel the market of global printing paper market.

The global printing paper market, by paper type, has been segmented into coater paper and non-coated paper. Coated paper type segment is likely to gain higher preference over non-coted, resulting in a higher market value share as well as CAGR over the forecast period. By distribution channel, the market is segmented into hypermarket, retail stores, convenience, and ecommerce. The retail stores segment is estimated to increase in market share from around 42% in 2017 to more than 43% by the end of 2028. Ecommerce will be the fastest growing segment, according to the report.

On the basis of application, the global printing paper market is segmented into newspaper, industrial, commercial, books and magazines and others. The commercial segment accounts for the highest market share in terms of value, whereas the newspaper segment is estimated to witness the highest growth. The growth of the commercial segment is primarily attributed to a range of applications, including printing labels, magazines, books, paper bags, newspaper, financial reports, and others. Among regional market segments, Transparency Market Research expects APEJ to lead the global printing paper market, registering the highest CAGR of 6.1% during the forecast period, in terms of value. Western Europe and North America will be the next key markets, as per the research.

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The market players that have been profiled include International Paper Company, Georgia-Pacific LLC, DS Smith Packaging Limited, Oji Holdings Corporation, Pratt Industries, Inc, Great Little Box Company Ltd., WestRock Company, Smurfit Kappa Group Plc, KapStone Paper and Packaging Corp, Stora Enso Oyj, Sonoco Products Company, Mondi Group plc, VPK Packaging Group nv, Mayr-Melnhof Karton AG, Clearwater Paper Corporation, Nippon Paper Industries Co., Ltd, Metsa Board Corporation, Evergreen Packaging Inc.

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6 Key Projections on Future of Collapsible Metal Tubes Market

According to the latest market report published by Transparency Market Research titled “Collapsible Metal Tubes Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” squeeze type collapsible metal tubes segment is expected to be the largest contributor to the global collapsible metal tubes market revenues over the forecast period, 2017-2025. Globally, the revenue generated from sales of collapsible metal tubes was registered to be around US$ 1,069.4 Mn in 2016, which is projected to increase at a CAGR of 4.3% by the end of 2025.

Exploding global urban population and increasing concern among consumers regarding the ill effects of plastic packaging on environment has propelled the market for collapsible metal tubes. Manufacturers of collapsible metal tube are focusing on expanding their production capacity in order to meet soaring demand, either by adding machinery to the manufacturing facility or by acquiring emerging small and regional collapsible metal tubes companies. Besides increasing global production of collapsible metal tubes, the requirement of establishing high brand value in the market has driven the sales of collapsible metal tubes. Especially in the cosmetics sector, the innovative formats of packaging keeps evolving across the globe. In addition to that, the superior barrier traits of collapsible metal tubes are also fuelling the market expansion.

However, due to the rapid expansion in the production capacity of collapsible metal tubes around the globe, the problem of over capacity is also rising as the required production capacity to meet the global demand of collapsible metal tubes has reached to around 80% of the present production capacity. Moreover, increasing pace of plastic tubes replacing collapsible metal tubes has also to a large extent restrained the growth of collapsible metal tubes market. Moreover, the slower acceptance rate of collapsible metal tubes in developing countries of Asia Pacific and Middle East & Africa is the reason for low per capita consumption of collapsible metal tubes, while the demand for the same is expected to rise at a considerable pace.

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China and India are the producers of moderate quality collapsible metal tubes at very low prices as compared to the ones manufactured by European and North American manufacturers. Thus, a large portion of collapsible metal tubes demand in the region is served by low cost collapsible metal tubes produced by regional players. Furthermore, the growing unit dose or single use application of these collapsible metal tubes is also restraining the market’s growth. Although, the key global players of collapsible metal tubes market have made the market highly competitive for the smaller and emerging players to sustain in the market, the private label brands of collapsible metal tubes are also experiencing considerable growth. Thus, the increasing market for nationwide retail chains and their attraction towards the collapsible metal tubes market has created ample opportunities for the collapsible metal tubes market players.

In terms of opportunity created by the geographical regions, the Asia Pacific is expected to create very high opportunity for the market. This is due to more than twice the demand of collapsible metal tubes originating from the pharmaceutical sector in the region. Thus, Asia Pacific creates a lucrative market for the global collapsible metal tubes firm to export to the region, and also for regional players to emerge in the region. The market volume for global collapsible metal tubes is expected to expand 1.4X over the forecast period 2017-2025.

Some of the notable players operating in the global collapsible metal tubes market include Montebello Packaging, Auber Packaging Co., Ltd., Andpak Inc., Adelphi Healthcare Packaging, Linhardt GmbH & Co. KG, CONSTRUCT Packaging, SUBNIL Packaging Machineries (P) Ltd., Universal Metal Products, Antilla Propack, Essel Propack Limited, Albéa S.A., PAKET CORPORATION, D.N.Industries, ALLTUB Group, Perfect Containers Pvt. Ltd., Hubei Xin Ji Pharmaceutical Packaging Co., Ltd., Jiujiang Deshun Adhesives Co., Ltd., PIONEER GROUP, IMPACT INTERNATIONAL and Almin Extrusion.

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Automotive Parts Packaging Market – Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

According to the latest market report published by Transparency Market Research titled “Automotive Parts Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2027,” the disposable packaging segment will remain the largest contributor to the global automotive parts packaging market during the forecast period, 2017-2027. Global sales were valuated at around US$ 7 Bn in 2017, which are reportedly expected to cross US$ 10 Bn by the end of 2027 at a moderate CAGR of 4.0%.

In addition to ever increasing demand of automobiles and after sales components market globally, continuous research and development in the packaging technology has increased the applicability of the packaging in the automotive sector. For instance, Sealed Air Corporation launched Opti NX shrink films recently in 2016 which possess improved tear resistance properties and enables the application of shrink films on irregularly shaped products. Technological development in production technology has led to the sufficient availability of disposable packaging products. Disposable packaging in automotive sector is driven by the adoption of sustainable development by large number of companies as one of the highly effective marketing strategy. These factors have driven the demand of automotive packaging globally.

In terms of volume, protective packaging is estimated to account for more than one-third of the global automotive parts packaging market. Large amount of protective packaging is incorporated due to high involvement of fragile electrical and electronic components required in automobiles. Since, protective packaging is incorporated only once and then discarded, large volume of waste is generated due to protective packaging. Moreover, the cost of protective packaging produced from non-biodegradable plastics is much lower as compared to that of biodegradable materials, leading to large volume of non-biodegradable waste generated globally. Corrugated packaging products are high in requirement due to huge applicability, light weight, high strength along with biodegradable nature. On the other hand, the trade of pulp for the production of corrugated packaging products has been affected by several political and regulatory barriers. These factors have affected the global market for automotive parts packaging.

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The undesirable investment made on the transportation of packaging only has uplifted two of the key trends in automotive parts packaging market. Sealed Air Corporation developed inflatable bubble wrap and introduced it to the global market in 2017. As bubble wraps account for a large volume of air trapped in it, the transportation and storage of it requires huge space conventionally. The air can be released from the inflatable bubble wraps while transporting or storing and it saves on the investment made on the cost of handling. Disposable packaging is produced with the aim of one-time usage only, which saves in the investment made on the return of empty packaging. Also, development in the production technology has resulted in high availability of disposable packaging at low cost.

In terms of regional market scenario, China is the largest automotive industry in the world, as well as the fastest growing as compared to other countries. Although a large number of packaging providers are already established in the Asia Pacific region providing packaging solutions at competitive prices, global leaders of packaging industry has opportunity to penetrate in the China automotive industry and rise with the huge opportunity created with the help of highly developed packaging solutions. R&D investments by packaging providers of Asia Pacific region is much lower as compared to the competitors in Western Europe and North America region. The competition in packaging industry of China is thus focused on conventional packaging products rather than developing product specific innovative packaging solution. Moreover, development in material science has resulted into a large variety of economic bio-degradable plastics that can be incorporated for manufacturing of disposable automotive parts packaging. The automotive industry is shifting towards the adoption of disposable packaging due to its several advantages over reusable packaging. This has created attractive opportunities in the global automotive parts packaging market.

The Transparency Market Research’s report assesses some of the key players operating in the global automotive parts packaging market include Sealed Air Corporation, Mondi Group Plc, DS Smith Plc, Sonoco Products Company, Smurfit Kappa Group, Deufol SE, Encase Ltd., The Nefab Group, Primex Design & Fabrication Corporation, Sunbelt Paper & Packaging Inc., Loscam Australia Pty Ltd., CMTP Packaging Pty Ltd, JIT Packaging Inc., Pratt Industries, Inc., Signode India Ltd., Pacific Packaging Products, Inc., Monoflo International, Inc., Victory Packaging L.P., Knauf Industries, and Schoeller Allibert Services B.V.

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Dual Dispensing Bottle Market – Key Players, Growth, Analysis, 2017 – 2027

Technological change has an immense impact on the packaging industry and thus have improved efficiency and effectiveness of packaging over the years. These has led to the development in innovation of bottles and its application use. One such category of the bottle is dual dispensing bottle which has a wide application in cosmetics and pharmaceutical industries. In the dual dispensing bottle, the container is split into two distant chambers wherein two different types of liquids can be stored simultaneously at the same time. The hassle of carrying two separate sets of bottles at the same times is eliminated with the invention of the dual dispensing bottle.

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Dual dispensing bottle renders multiphase solution at the same time, that is some cosmetics lotions or pharmaceutical liquids require a mixture to complete it. In such instance dual dispensing bottle can dispense simultaneous or separate mixtures at the same time as per users need. This bottle is demanded by industrial, pharmaceutical and cosmetics sector, which combined accounts a margin share of more than 80 percent in the entire dual dispensing bottle market. Due to such technological innovation, brand owners are demanding for compact bottle and manufacturers are able to deliver it to them. Regions such as North America and Western Europe accounts for a significant percentage contributors in dual dispensing bottle market over the forecast period.

Dual Dispensing Bottle Market – Market Dynamics:

Manufacturers of dual dispensing bottle are designing bottle which is strong and at the same time lighter in weight. One of the reasons behind such demanding design is due to increase need for compatibility for the end user. It has increased the use of acrylonitrile butadiene styrene (ABS) plastic by leading manufacturers which provides the properties of extra strength and toughness to the bottle. Moreover, easy availability of raw material such as HDPE and PET plastic has increased the production capacity of the manufactures.

On the other hand, stringent ecological regulations by the government have imposed banged on particular types of material use which has created backlash for the manufacturer, thus incurring a substantial cost on productions. Moreover, increasing awareness of packaging and rising spending power of industries have surged the power of expenditure in technology of the packaging manufacturers. This has led to innovation in different variant of dual dispensing bottle which are used for different industries application.

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Dual Dispensing Bottle Market – Market Segmentation:

Global Dual Dispensing Bottle Market is segmented on the basis material type, end use.

On the basis of material type, the global dual dispensing bottle market is segmented into metal and plastic.  Metal is further sub-segmented into aluminum and steel whereas, plastic is further sub-segmented into polyethylene terephthalate (PET), polystyrene (PS), low-density polyethylene (LDPE), polypropylene (PP), high- density polyethylene (HDPE).

In term of production the global dual dispensing bottle market is concentrated in regions of North America and Europe. Manufacturers and distributors in countries such as the U.S., U.K., and Germany are responding to opportunities in the dual dispensing bottle market. On the basis of consumption the market is highly concentrated in United States, China, and India, which account for prominent market share. Market in the countries of Asia Pacific excluding Japan is expected to witness a steady growth over the forecast period.

Global Dual Dispensing Bottle Market – Key Players:

Some of the key players operating in the global dual dispensing bottle market include Matsa Group Limited, Variblend Dual Dispensing Systems, Hanghou Luzern Packaging Trading Co., Ltd., Shaoxing Rise Cosmetic Packaging Co., Ltd., Zhejiang Sanle Plastic Co., Ltd.,

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Digital Packaging Market – Worldwide Industry Analysis, Size | Trends, Forecast 2017 – 2025

Digital packaging refers to the use of modern digital technologies as a core part of packaging elements used for several products, especially in the consumer goods industry. This can imply the use of printed elements on the packaging that users or consumers can use to gain access to digital content or products. At the same time, digital packaging is being used on large scales internally by manufacturing companies and other corporations in order to identify packages faster and also to maintain delivering efficiency and product safety. The food and beverages industry, for instance, is increasingly making use of RFID technologies in packaging in order to speed up transportation, processing, and delivery of products, while additionally using rapid scanning technologies to ensure that the products being transported are protected and fresh. RFID is just one of the many technologies being used in the global digital packaging market that has transcended from being a niche quirk for developers and enthusiasts to large scale implementations that can cut down some serious time.

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QR codes are another key technology being used in the global digital packaging market. These codes are machine readable and mobile friendly codes that contain vital information regarding a package that can be used across the distribution chain to ensure safe transportation of a package. It also allows consumers to gain direct information of the products they are buying, including online manuals and warranty registrations.

Digital packaging can be defined as the incorporation of digital technology into the packaging of products. Digital technology incorporated into packaging includes near field communication (NFC), radio frequency identification (RFID), Bluetooth, Wi-Fi, QR codes, Barcodes, etc. The implementation of digital packaging therefore encompasses broad range of packaging systems such as labels, tags, closures, flexible packaging, rigid packaging, etc.

The global digital packaging market is observed to be in the germination stage and is anticipated to expand considerably over the forecast period 2017-2027. The US$ 800 billion global packaging market offers enormous growth potential for the digital packaging segment in terms of engineering, design, innovation and product development activities. Market players entering into the digital packaging market are streamlining their product life cycle (PLC) strategies in order to grab the early mover’s advantage.

Historical analysis into the evolution and growth of digital packaging market has brought to the surface innovative products in packaging that include smart tags, labels, smart pharmaceutical bottles, hydration reminder smart water bottles, interactive packaging, digitally connected packaging systems, etc.

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Global Digital Packaging Market: Market Dynamics

Emergence of internet of things (IOT) has led to packaging manufacturers incorporating smart sensors into their packaging solutions in order to broaden the packaging functionality. Smart sensors used in the digital packaging market have the ability to track information regarding temperature, motion and pressure. Smart sensors, smart labels and barcodes have allowed manufacturers to track products in the supply chain and logistics processes. End use industries such as food, beverages and pharmaceuticals have prominently leveraged the use of connected technology to gauge and record information pertaining to temperature, internal atmosphere, pressure and motion.

In February 2017, manufacturer of snacks foods Frito-Lay, Inc. incorporated digital technology in the packaging of their tortilla-chip snack Tostitos. The bags used for packaging of Tostitos are incorporated with alcohol sensors coupled with LED lights and NFC technology. The smart sensors allowed consumer engagement by promoting the notion safe driving.

Manufacturers and especially consumer brands are looking at packaging as the gateway to the perceptual understanding among consumers. The use of QR codes on packaging has enabled consumer packaged goods (CPG) manufacturers to engage consumers in innovative ways and drive sales and business growth. QR codes have enabled brands to offer discounts, prizes, gather feedback or supply product related information.

Digital packaging market is observed to gradually include traditional packaging formats which are remodeled to incorporate the principles of digital packaging. Smart bottles are incorporated with digital technology to provide enhanced functionalities such as hydration reminders, medical dosage reminders, time and temperature indication, tracking and recording the quality of wines, etc. The smart bottle segment within the digital packaging market itself is estimated to be reach US$ 200 million by 2024.

Some of the players operating in the digital packaging market include Thin Film Electronics ASA, Avery Dennison, Trago, Inc., Thermos L.L.C., AdhereTech Inc., Weber Packaging Solutions, Inc., Saralon Gmbh, Amcor Limited

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Coffee Packaging Market – Explores New Growth Opportunities By 2027

According to the latest market report published by Transparency Market Research titled “Coffee Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2027,” the global market for coffee packaging is slated for impressive growth over the next decade. The global coffee packaging market has witnessed extraordinary growth during the past few decades, owing to a major shift of consumer preferences to RTD (ready-to-drink) coffee and increasing consumption of coffee among the millennial generation.

Global coffee packaging market is segmented by packaging type (pouches, side gusseted bag, block bottom bag, stick pack, bag in box, bottles, cans, containers & boxes, sacks, and others), by material type (plastic, metal, paper and paper board, glass and others), by distribution channel (institutional sales and retail sales), and by region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

According to packaging type, sacks segment is anticipated to be the highest contributor to the global coffee packaging market revenues. This segment currently holds more than 16% share of the market value and the report estimates its expansion at a CAGR of 4.7% through to 2027, up from a value worth US$ 105.8 Mn attained in 2017. Block bottom bags segment is anticipated to expand at a highest CAGR of 5.5% by value, among all the packaging types.

Among material types, the paper and paper board segment is the fastest growing material segment among all the coffee packaging material formats. This segment is anticipated to expand at a promising CAGR of 4.8% during the forecast period. Increasing demand for sustainable packaging is one of the main factors influencing the penetration of paper and paper board in the coffee packaging.

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Among distribution channel segments, retail sales segment is the fastest growing segment among all the coffee packaging distribution channel segments.  Institutional sales segment is anticipated to dominate the global coffee packaging market, creating an estimated incremental $ opportunity of US$ 211.8 Mn throughout the forecast period.

The global market for coffee packaging has been segmented into five regions, i.e. North America, Latin America, Europe, Asia Pacific region (APAC), and Middle East & Africa (MEA). Europe is likely to remain the global leader on account of having the largest consumer base. In addition, a majority of youngsters are shifting their preferences towards RTD coffee. Latin America’s coffee packaging market is anticipated to expand at a lucrative CAGR of 5.9% during 2017-2027. Brazil is the major contributor in Latin America, whereas China and India spearhead the coffee packaging market in APAC.

The key market players that have been profiled in the report include Amcor Limited, WestRock Company, Bemis Co Inc., Mondi PLC, DS Smith PLC, ProAmpac LLC, Graham Packaging Company, L.P., Pacific Bag, Inc., Crown Holdings Inc., Goglio S.p.A., Novolex Holdings, Inc., Sonoco Products Company, Co Pack, Inc., Sixto Packaging, PBFY Flexible Packaging, Dongguan Min Lee Packaging Materials Co., Ltd, Color Hoyo Paper & Plastic Products Co., Ltd, Dongguan Jmei Packaging Company Limited, Qingdao Dejili Packing Material Co. Limited, and Shenzhen Packmate Packaging Co., Ltd.

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