Tuesday 14 August 2018

4 Key Takeaways from TMR Report on Medical Device Labeling Market

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.

Coffee Packaging Market: Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2027

The global coffee packaging market is expected to see remarkable growth throughout the forecast period, primarily due to the increase in demand for coffee in institutional sales such as hotels, restaurants, office cafeterias, and others. Coffee packaging keeps coffee fresh for longer time and has a direct impact on the taste of the beans. In addition, every coffee producing company needs to distinguish itself from its competitors and packaging is one of the easiest ways to achieve it. The companies are thus striving to introduce innovative, airtight, and attractive coffee packages since recent past.
Manufacturers in coffee packaging market are inclined more towards making their products user friendly. They are taking efforts in promoting their packaging products in diverse geographies, without any language barrier. In addition, due to the growing concern towards obesity and other health problems, the demand for functional beverages such as ready-to-drink (RTD) coffee is recently gaining popularity worldwide. Owing to its low calorie content, there are increasing chances of bolstering adoption of ready-to-drink coffee in near future.
Major coffee packaging types include pouches, side gusseted bag, block bottom bag, stick pack, bag in box, bottles, cans, containers & boxes, sacks, and others. The pouches segment is further classified into stand up pouches and flat bottom pouches. Among all these segments, sacks and side gusseted bags are the key packaging types. Based on material type, the coffee packaging can be divided into plastic, metal, glass, paper and paper board, and others.
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The plastic segment is further classified into Polyethylene, Polypropylene, and Polyethylene Terephthalate. On the basis of distribution channel the coffee packaging market is classified into institutional sales and retail sales. Institutional sales segment is expected to dominate the global coffee packaging market by value share of over 62% by 2027 end.
Paper and paper board is expected to be the fastest growing material type segment during the forecast period. This segment is also expected to dominate the overall global coffee packaging market. Plastic is anticipated to be the second largest material type segment. PET provides a much better packaging solution for the various types of coffee available on the shop shelves such as whole or pre-ground beans as well as soluble coffee powder and granules.
The advantages of PET jars include their light weight, virtually unbreakable nature, and re-sealable benefit. They are also available with wide necks for easy pouring and spooning, and the design possibilities are also unending. All these factors are expected to make this segment highly lucrative over the forecast period.

Thermoform Packaging Market To Hold a High Potential for Growth by 2024

Packaging is of great essence for nearly every product that is manufactured at one location and then needs to be transported to another to meet its true end user. Even throughout the duration that the product sits with its end user, its packaging can go a long way towards making an impression while protecting the product. The packaging industry has always been seeking innovative methods to meet diverse demands and thermoforming has emerged as a process that can ideally meet the requirements.
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Thermoforms are ideal for the packaging of both consumable and non-consumable products, and the market for them same is flourishing. According to this business intelligence study, the demand in the global thermoform packaging market will expand at a CAGR of 5.9% during the forecast period of 2017 to 2024. Revenue-wise, the opportunities in this market are estimated to be worth US$57,615.9 mn by the end of 2024.
There are a number of factors that are providing traction to the global thermoform packaging market, but none bigger than the prosperity of the food and beverage industry. Radically expanding urban population in emerging economies is exhibiting eating habits that are highly fruitful for vendors who produce packaged food products and thermoforming is among their preferred methods. In addition to that, growth of the pharmaceutical industry, cost-effectiveness of the technology, and ease of disposal are some of the other factors driving the demand in the global thermoform packaging market.
On the other hand, stringent government regulations that need to be complied with and limitations in packaging of heavy items are a few restraints challenging the thermoform packaging market from attaining its true potential. Nevertheless, the relentless research and development activities that are currently underway to harness further possibilities of thermoforming packaging are expected to boost the market in the near future.
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Blister Packaging to Remain Most Profitable Segment until 2024
On the basis of packaging type, the thermoform packaging market has been segmented into clamshell, blister, skin, tubs, and cups. Among these, the blister packaging segment is currently providing for the most prominent chunk of demand, which is a reflection of increasing usage of this packaging in the pharmaceutical industry. Thermoform packaging is ideal when it comes to compartmentalization and maintaining cleanliness.
Owing to multiplying geriatric population, the demand for medicines and medical equipment is anticipated to expand profitably in the near future and it will in turn provide traction to the thermoform packaging market. The report also bifurcates the market in terms of material into poly vinyl chloride (PVC), polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), and polystyrene (PS) and application into pharmaceutical, food and beverages, industrial goods, electronics, and cosmetics and personal care. The food segment has been sub-segmented into meat products, dairy, bakery and confectionary, food service products, and dairy.
North America and Asia Pacific Most Lucrative Regions
Region-wise, North America and Asia Pacific are the two regions of primary focus for the players venturing in the global thermoform packaging market. While North America is currently providing for the most prominent chunk of demand, boosted by the presence of major retail brands in the developed country of the U.S., Asia Pacific is projected for the strongest growth rate during the forecast period of 2017 to 2024. The Asia Pacific thermoform packaging market is driven by increasing demand for packaged food and beverage products by the urban populations in the emerging economies of China, India, and South Korea.

Monday 13 August 2018

Multiple dose container Market – Rising Trends and New Technologies Research Report Till 2024

Growth of pharmaceutical industry stimulated several allied industries like packaging. On the backdrop of increasing as well as diversified demand of healthcare industry, packaging manufacturing companies are coming up with new and attractive packaging solutions according to the requirement of the drug manufacturing companies. A multiple dose container is a bottle of liquid medication that comprises more than one dose of medication and is accepted by the Food and Drug Administration (FDA) for usage on multiple persons. Manufacturers of multiple dose container use antimicrobial preservative to avert the growth of bacteria. The demand of multiple dose container is gaining traction among the pharmaceutical manufacturing companies to minimize the cost.
Multiple dose container Market: Market Dynamics
Growth in demand for multiple dose container is expected to be stable over the upcoming years, on the backdrop of pharmaceutical manufacturer’s inclination to adopt convenience packaging solutions to enhance the shelf life of drugs. Increasing prices of medicines is expected to enforce the hospitals and nursing home to use multiple dose container packaging solutions for minimizing the cost which in turn drives the multiple dose container market during the forecast period.
The transportation cost through cold chain is increasing significantly, which in turn increases the preference towards the multiple dose container owing to its important properties such as single dose can be administered to the single patient and the multiple dose container can be used for the multiple patient. Multiple dose container requires economical storage cost that is expected to accelerate the overall demand of multiple dose container market during the forecast period. Multiple dose container can be used up to twenty eight days after administrating it to one patient which can positively influence the global multiple dose container market during the forecast period.
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In terms of geography, the global multiple dose container market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. North America is expected to account maximum market proportion throughout the forecast period. Growing pharmaceutical sector in US is expected to be one of the prominent reason of the massive growth of multiple dose container in the North America. Europe is expected to be one of the lucrative region among the multiple dose container manufacturers.
This is attributed by the massive investment in research & development by the drug manufacturers which in turn accelerates the sales of multiple dose container in the upcoming decade. Asia Pacific region is anticipated to register maximum CAGR during the forecast period. India and China are the beneficial country among the manufacturers of multiple dose container. China is anticipated to be the attractive country in the Asia Pacific region owing to the rising old age population. However, the Middle East & Africa region is expected to be sluggish throughout the forecast period. 
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Multiple dose container Market: Key players
Some of the key players in the global multiple dose container market are Schott AG, Gerresheimer AG, Becton Dickinson B.V., West Pharmaceutical Services, Inc., Nipro Corporation, Ypsomed Holding AG, SiO2 Medical Products, United Drug Plc., Catalent Inc. etc.

Light Blocking Label Films Market Prophesied to Grow at a Faster Pace by 2024

Packaging surfaced as a critical element to the production line and product marketing, and as a result brand owners integrated high level of technology with packaging line, from wrapping to labeling. Since, label’s also form a significant element of the packaging, manufacturer’s too shifted their focus to use product specific labels. As a result, the industrial label market is undergoing substantial changes with specialized focus on offering application and product specific label across all the industries. The introduction of light blocking label films is one of such example that has enabled competitive advantage to product manufacturer. Light blocking label film are formulated with UV inhibitors, specially designed to filter out the destructive rays of UV radiation. Light blocking label film exhibit a unique blend of benefit across applications, primarily increase shelf life of packaged food and beverages, off taste reduction and vitamin protection in dairy products etc. In addition, it also reduces the need for expensive backside black printing thus are also cost effective.
Light Blocking Label Films Market – Market Dynamics:
One of the significant factor contributing to the growth of light blocking label films market is the rampant growth in demand for ready to eat food and ready to drink beverages, as these products react when exposed to sunlight. The growing preference of light blocking label films from electronics and automotive industry is expected to drive the demand of light blocking label films over the forecast period. Furthermore, light blocking label films is suitable for all types of packaging material owing to its properties such as better adhesive holding attribute, improved moisture resistance, better conformability and instant adhesion. Characteristics such as compatibility with various sterilization forms and non-toxic nature displayed by light blocking label films is further anticipated to contribute to the demand for light blocking label films market over the forecast period.
Light blocking label films market is primarily characterized by highly fragmented in nature, due to presence of numerous regional players. These manufacturers offer product and solution related to label at a competitive price range in comparison to established multinational players, resulting in intense price wars. Though, the global light blocking label films market is fragmented, but a marginal level of consolidation is anticipated over the next few years. Multinational players engaged in the business is likely to acquire small and regional light blocking label manufacturers to increase their regional market footprint.
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Light Blocking Label Films Market- Market Segmentation:
Global light blocking label films market is segmented on the basis of backing material and application. On the basis of backing material, global light blocking label films market can be segmented into polypropylene, paper, PVC and others. On the basis of application, light blocking label films market can be segmented into packaging, building & construction, electrical & electronics, automotive, health & hygiene and others.
Light Blocking Label Films Market – Regional Outlook:
Geographically, the global light blocking label films market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). A comparison of all the region, clearly indicates that the APAC dominates the global light blocking label films market due on going industrial and construction activities which is expected to create substantial opportunity for packaging industry and in turn expected to escalate the demand for light blocking label film. Moreover, the availability of backing material relatively at a cheap price is further expected to attract the light blocking label films manufacturer to set up their manufacturing unit in APAC region. North America and Europe are expected to follow Asia Pacific region over the forecast period.
Light Blocking Label Films Market – Key Players:
Some of the key industry stakeholders identified across the globe in the light blocking label films market are Klockner Pentaplast Group, Tyco Electronics Corporation, Gilbreth Shrink Sleeve Labels, Plasfilms Inc., Bonset America Corporation, Fort Dearborn Company

Butcher and Freezer Paper Market – Latest Trends and Key Drivers Supporting Growth through 2024

The market intelligence study titled “Butcher and Freezer Paper Fillers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” delves into the prospect of growth of the world market for Butcher and Freezer Paper Fillers. It also assesses the sequential growth of the said market over the forecast timeframe that extends from the year 2016 to 2024.
Packaging has evolved into an important component of modern life owing to storage, ease of transportation, and preference of consumer towards an extensive usage of paper as packaging solutions. The segment of food packaging is experiencing substantial growth over the last few years, and many different innovative packaging solutions were also introduced and adopted over the period, with the aim of increasing demand for food packaging.
Augmented preference of consumers for paper as a packaging material due to its environment friendly property is the primary driver of the said market. Butcher and freezer paper is also regarded as one of the important packaging solutions amongst various brand owners. Freezer paper refers to a thick paper with plastic and wax coating on one side of the paper and the no coating on the other.
Butcher and Freezer Paper Fillers Market: Trends and Opportunities
The main element that has resulted in the rapid growth of the world market for butcher and freezer paper is the increasing demand for meat and poultry products across the globe. Butcher and freezer paper assists in the extension of the shelf life of the products and it is prognosticated to propel sales of butcher and freezer paper. Meat and poultry products are becoming popular amongst the consumers, due to consumer choice for meat consumption so as to derive proteins.
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Consumer preference for ready-to-eat or takeaway foods is rising, rapid urbanization, ever changing lifestyles, growing disposable income particularly in emerging economies are all expected to trigger market growth. Furthermore, online platforms in many of the emerging countries are impacting positively the sales of butcher and freezer paper over the period of forecast. This is further leading to high competition across various food delivery platforms amongst various food service companies. In addition to that, bakery industry is also experiencing an impressive growth, which, in turn, is resulting in the rising turnover of the butcher and freezer paper in the future.
Butcher and Freezer Paper Fillers Market: Geography
In terms of region, the world market for butcher and freezer paper has been segmented into five key geographies, namely, Latin America, North America, Europe, and Middle East & Africa, and Asia Pacific. The region of North America is anticipated to hold lion’s share of the market over the period of forecast. Such regional dominance is attributed to the growth of the meat and sea food industries in the U.S. The said market in Asia Pacific is anticipated to experience enough growth over the period of forecast. China and India are the promising markets for the butcher and freezer paper manufacturers, due to the progress of food delivery services companies in the respective nations. However, the Latin American market is prognosticated to project slow growth over the period of forecast.
Butcher and Freezer Paper Fillers Market: Company Profiling
Some of the eminent market players operating in the world market for butcher and freezer paper are Buckeye Paper, Inc., McNairn Packaging, WestRock Company, Reynolds Consumer Products, Novolex, and Oren International.

Consumer Packaging Market – Business Strategies, Revenue Generation, Market Shares & Latest Development

Packaging for the consumer goods industry plays a key role in making the product aesthetically appealing for the potential buyer and delivering products to the consumer in a sufficiently sophisticated, safe, convenient, and appropriate manner. Serving a large number of industries that produce tangible goods to be sold to large number of consumers, the packaging industry forms the cornerstone of any consumer goods business. The consumer packaging market has witnessed a significant rise in research and development activities aimed at the development of innovative packaging materials and product designs.
However, vast pressures exerted by the volatile prices of chief raw materials and the need to cut down on the original material used in packaging for economic and environmental reasons are having a negative impact on packaging companies. Transparency Market Research predicts that the market will exhibit growth at a moderate pace in the next few years, with efforts diverted towards innovation in product design and strategic expansion across emerging economies expected to remain the key factors distinguishing successful ventures from the ones struggling to grow.
Global Consumer Packaging Market: Trends and Opportunities
One of the most prominent trends in the global consumer packaging market of present times is the increased attention given to the reduction of the amount of material used in producing the packaging product by packaging manufacturers. Ways of reducing the amount of environmentally harmful polymers used in packaging is, especially, one of the most researched areas in the consumer packaging market presently.
Focus on the development of new varieties of packaging materials capable of preventing contamination of foods and beverages packed, materials with a higher quotient of reusability or biodegradability, and designs that make the product more convenient to use are also some of the market’s key trends in present times.
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Global Consumer Packaging Market: Segmentation
The report segments the global consumer packaging market on the basis of criteria such as end-use industry, material, and geography. On the basis of material type used to produce the packaging, the report examines varieties such as rigid plastic, paper and paperboard, glass, and flexible plastic. Key industries driving the market for consumer packaging include food and beverages, healthcare, and cosmetics and personal care.
In terms of material, paper and paperboard presently account for the dominant share in the global consumer packaging market and is expected to continue to hold a massive share in the market over the report’s forecast period as well. However, rigid plastics are rapidly becoming the preferred choice for manufacturers as well as consumers owing to their affordability and huge flexibility.
The food and beverages industry is the leading contributor of revenue to the global consumer packaging market and is expected to continue being the primary and the most lucrative consumer of the market in the next few years. The vast rise in consumption of packaged food products across the globe is expected to be the chief factor driving the demand for packaging products across this industry in the next few years as well.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...