Ovarian Cancer Drugs Market – Advanced technologies & growth opportunities in global Industry

Ovarian cancer is a term attributed to the uncommon type of cancer that arises in the ovary of a woman from different types of cells. Ovarian cancer is caused due to the mutagenic changes in DNA. Inherited mutations in genes are also responsible for ovarian cancer. The risk of developing ovarian cancer is high if a woman has inherited mutations in the BRCA1 and BRCA2 genes. The most common type of ovarian cancer is epithelial ovarian cancer (EOC), which arises from the epithelium of the ovary. Ovarian cancer is regarded as one of the most common types of cancer among women. It accounts for more deaths than any other cancer of the female reproductive system, while it ranks 5th in overall women deaths due to cancer. This type of cancer is rarely diagnosed at an early stage, making treatment at an advanced stage difficult.

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According to American Cancer Society estimates, risk of any woman acquiring ovarian cancer in her lifetime is 1 in 75, while her chance of death due to ovarian cancer is 1 in 100. Ovarian cancer is more prevalent among elderly women, making women over 55 a high-risk population. Women in this age group have the lowest survival rate as well. Surgical procedures are employed for the treatment of both early and advanced stages of ovarian cancer. According to American Cancer Society estimates, about 22,440 women are expected to be diagnosed with ovarian cancer in the U.S., while about 14,080 women deaths would be attributed to ovarian cancer in 2017.

Ovarian cancer and its rising incidence rate is a growing concern worldwide. Market players that are currently engaged in the development of drugs and chemotherapies for management of ovarian cancer. The global ovarian cancer drugs market is expected to be driven by large number of therapeutics in developmental stage and competition among market players in terms of efficacy and cost of therapies. The patent expiry of several leading drugs could also potentially impact this market by encouraging the entry of new players. These changing dynamics will impact the ovarian cancer market during the forecast period.

The global ovarian cancer drugs market holds immense potential and is anticipated to grow rapidly. Continuous research and development to provide efficient therapeutic intervention for a host of diseases boosts the growth of the ovarian cancer drugs market. Several ovarian cancer drugs are in clinical phase and expected to drive the market in the near future. For instance, Merck, Pfizer, and Syndax Pharmaceuticals, Inc. have signed an exclusive agreement to study two investigational agents or drugs for treatment of ovarian cancer. This study includes the drugs Avelumab and entinostat evaluated for efficacy as combination therapy for ovarian cancer.

The global ovarian cancer drugs market can be segmented based on tumor type, drug class, distribution channel, and region. In terms of tumor type, the market can be classified into epithelial ovarian cancer, ovarian low malignant potential tumor, germ cell tumor, and sex cord-stromal tumor. Based on drug class, the global ovarian cancer drugs market can be categorized into alkylating agents, mitotic inhibitors, antirheumatics, antipsoriatics, VEGF/VEGFR inhibitors, PARP inhibitors, antineoplastics, and others. In terms of distribution channel, the market can be divided into hospital pharmacies, drug stores, online pharmacies, and others.  In terms of region, the global ovarian cancer drugs market can be segmented into Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. Major players in the global ovarian cancer drugs market are Allergan plc, Pfizer, Inc., Merck KGaA, AstraZeneca, F. Hoffmann-La Roche AG, Johnson & Johnson, Syndax Pharmaceuticals, Inc., Clovis Oncology, and others.

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4 Key Insights on Thermoform Packaging Market

A fresh business and commerce publication by Transparency Market Research (TMR) notifies that the global thermoform packaging market is poised for a prosperous future, gaining impetus from the flourishing food and beverage industry. If the projections of the TMR report are to be believed, the demand in the global thermoform packaging will multiply at a CAGR of 5.9% during the forecast period of 2017 to 2024. In terms of revenue, the market is poised to attain a valuation of US$57,615.9 mn by the end of 2024, substantially more than its evaluated worth of US$38,603.9 mn as of 2017.

As for the competitive landscape, the analysts of the TMR report have detected that the value chain is distributed among a large pool of players that includes raw material suppliers, regulatory bodies, research and development institutes, and manufacturers. To stay ahead of the curve in a largely fragmented scenario, stockholders are concentrating on harnessing technology that can meet the diverse requirements. One of the areas of innovation for the thermoform packaging market players is to enhance the formability of co-extruded thermoforming webs that are ideal for medical device packaging. Formability is highly essential when it comes to maintaining thickness at the corners of the package and reducing the chances of pinholing and splitting during transportation.

Moreover, there is potent demand for thermoform packaging that are high on gloss and offer clear transparency. In the near future, the vendors of thermoforming packaging market are expected to develop products that offer robustness along with enhanced appearance to gain ground over their competitors. Moreover, market leaders are expected to expand into the emerging economies such as China and India, wherein rapid expansion of urban population is fueling the food and beverage industry.

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Based on packaging, the TMR report segments the thermoforming packaging market into blister packaging, skin packaging, clamshell packaging, cups, and tubs, whereas on the basis of material, the market has been bifurcated into polyethylene terephthalate (PET), poly vinyl chloride (PVC), polypropylene (PP), polyethylene (PE), and polystyrene (PS). Application-wise, the analysts of the report have evaluated the potential of demand that can be expected out of the industries of food and beverages, cosmetics and personal care, pharmaceuticals, electronics, and industrial goods. Geographically, while North America has been identified as the region that is providing for the most prominent chunk of demand, Asia Pacific has been highlighted as the region that is primed for a stronger growth rate.

Resistance to Moisture and Cost-effectiveness Key Attributes of Thermoform Packaging

There are a number of benefits that are driving the adoption of thermoform packaging in the food and beverage industry. For instance, thermoforms are puncture resistant, can withstand moderate moisture, and are able to retain their structure even when engulfed with freezing temperature. Thermoforms are ideal for the packaging of dairy products, vegetables and fruits, and meat and sea foods, and are a good option for both soft and hard food products. But not only the food and beverage industry, the thermoform packaging market is gaining further traction from the pharmaceutical industry, which requires medicines and equipment to be cocooned from the environment. In addition to these two primary end-use industries, the thermoform packaging market is also driven by its cost effectiveness and flexibility.

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Vacuum Insulation Panels Market – 5 Key Trends Shaping the Landscape

Some of the players holding a prominent position in the global vacuum insulation panels marketinclude Sofrigram SA Ltd., Pelican BioThermal LLC, Cryopak, Cold Chain Technologies, Inc., Sealed Air Corporation, Evonik Industries AG, Sonoco, Dow Corning, LG Hausys, Panasonic, American Aerogel Corporation, and va-Q-tec AG., notes Transparency Market Research (TMR). A number of top players are spending on intensive research activities for developing cost-efficient core materials for vacuum insulation panels, with an aim to meet a variety of needs of end-use industries, observes TMR. Several players are also focused on developing high-performance temperature controlled packaging solutions, in order to gain a firm foothold in the market. Leading players are harping on product innovations to stay ahead of others.

The global vacuum insulation panels market is projected to rise at a moderate CAGR of 5.3% from 2017 to 2026. The market is estimated to reach a worth exceeding US$9 billion by the end of 2026.

The key core type of materials used in vacuum insulation panels are categorized into silica, fiberglass, and others. Of all the types, the use of silica in making panels has been substantially high. The segment is expected to reach a valuation of US$ 4.2 billion by the end of the assessment period. The extensive adoption of silica as core material for robust insulation in the building and construction industry is attributed to its several attractive, unique characteristics such as non-toxicity and non-combustibility.

Geographically, Asia Pacific excluding Japan (APEJ), is set to be potentially attractive market for vacuum insulation panels. Vis-à-vis sales revenue, the regional market leads during the forecast period. The growth is led by key economies such as Australia, China, and India in which the pharmaceutical, construction, logistics, and refrigeration industries are witnessing widespread uptake. The APEJ market will reach a worth of US$3 billion by 2026 end.

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The rising application of vacuum insulation panels in enhancing the energy efficiency of various building and construction materials world over is a key factor accentuating the market. The substantially growing use of these insulation panels compared to traditional foam insulation in variety of refrigeration applications is contributing to attractive market revenues. The global vacuum insulation market in several emerging economies will ride on the back of staggering rise of building and construction activities, coupled with adoption of greener technologies and products. The growing preference of vacuum insulation panels in retrofit insulation for buildings is also catalyzing their uptake.

Application in Refrigerated Pharmaceutical Products provides Robust Fillip

The widespread use of vacuum insulation in a variety of commercial refrigeration applications, such as in transportation of refrigerated food products, is aiding in the marked expansion of the market. The burgeoning demand for these panels in refrigerated shipping and logistics is a notable trend boosting the market. Their adoption is also gaining popularity as they help in reducing the fuel consumption of transporting vehicles.

The uptake of vacuum insulation panels is growing at a prominent pace in the pharmaceutical industry. The role played by these panels in temperature excursion management of various drugs and pharmaceutical products is key to their adoption. These panels help in setting a robust temperature control system, which is necessary for keeping the quality of drugs intact during their transportation.

Advances to Develop Better Core Materials to Unlock Exciting Avenue

The market is also benefitting copiously from the emerging application of flat shape vacuum insulation panels in the recent years. Covering a wide surface area of action, the use of these type of insulation panels are gathering steam in various residential and commercial products. The advent of better core materials and the launch of solutions with better coolant configurations are noteworthy trends expected to bring innovations in the global market.

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Leaders in Global Retort Packaging Market Innovating for Ecofriendly Products

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.

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Bag-on-valve Technology Market – Granular View of The Market from Various End-Use Segments

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.

By capacity type, the market includes 30ml-100ml, below 30ml, 100ml-275ml, 275ml to 500ml, and above 500ml. 30ml-100ml of bag-on-valve technology cans are likely to be highly-preferred in the global market during 2017-2024.

Based on the application, the market is further segmented into pharmaceuticals, cosmetics & personal care, home care, automotive & industrial products, and food & beverages. Bag-on-valve technology is expected to find large application in cosmetics & personal care products during the forecast period.

Europe to Remain Dominant in the Global Market for Bag-on-valve Technology

Europe is likely to lead the global bag-on-valve technology market between 2017 and 2024. Bag-on-valve packaging is witnessing a rapid growth in Europe for products including wound cleaning sprays and eyewash sprays. New product development, especially in the pharmaceutical industry are adopting innovative packaging using bag-on-valve technology. Meanwhile, North America is also anticipated to witness impressive growth in the global bag-on-valve technology market.

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Medical Device Labeling Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

According to the latest market report published by Transparency Market Research titled “Medical Device Labeling Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2025,” global revenues generated from sales of disposable consumables were around US$ 716.4 Mn in 2017, and are projected to increase at a CAGR of 6.3% during forecast period 2017-2025. Disposable consumables segment is anticipated to be the highest contributor to the global medical device labeling market, over the forecast period, 2017-2025.

The global medical device labeling market has witnessed impressive growth over the past few decades, due to stringent FDA regulations and introduction of new medical devices in the market. Growing awareness regarding FDA standards helps in the growth of the medical device labeling market. Labeling helps to ensure the effectiveness and safety of a device. With the help of centralized labeling, the companies are empowered to rapidly shift labeling from one facility to another to continue support operations. Rising number of new medical devices and drug discoveries are some of the prominent factors which lead to an increase in the demand of medical device labeling.

On the basis of label type, pressure sensitive labels segment accounts for the largest market share of medical device labeling market of because of growth in the technological advancements to overcome the existing challenges. On the basis of application of medical device labeling market, disposable consumables segment is expected to dominate the market during the forecast period. On the basis of material type, paper segment dominates the market of global medical device labeling market.

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North America is estimated to account for the largest share in medical device labeling market due to high investment on research and development in the medical sector in this region. North America is expected to trail APAC in medical device labeling market. MEA is estimated to contribute a small but rapidly growing market share in medical device labeling market. Latin America is however slated for moderate growth over the forecast period.

The market players that have been profiled in the rpeort include – 3M Company, Amcor Limited, Mondi Group Plc, Avery Dennison Corporation, Lintec Corporation, Huhtamaki Oyj, UPM Raflatac, CCL Industries Inc, Schreiner Group GmbH & Co. KG, Denny Bros Ltd., WS Packaging Group, Inc, Resource Label Group LLC, Faubel & Co.Nachf. GmbH, Tapecon Inc., Weber Packaging Solutions, Inc., JH Bertrand Inc., Coast Label Company, and Label Source.

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Coffee Packaging Market – Key Growth Factors and Industry Analysis 2017-2027

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. Theglobal 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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