Bottle Blowing Machine Market to expand at a CAGR of 3.0%, during 2017-2025

According to the latest market report published by Transparency Market Research titled “Bottle blowing machine Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” food and beverages end-use segment is expected to be the largest revenue contributor to the global bottle blowing machine market during the forecast period, 2017-2025. Global revenue generated from sales of bottle blowing machine in 2016 was nearly US$ 1.90 Bn, which is projected to increase at a CAGR of 3.0 % during the assessment period.

Growing consumer preference for bottled water will foster the need for blowing machine market. However, global bottle blowing machine market may encounter with a major challenge limiting its growth in near future, attributed to stringent government regulations in different countries.  Regulatory norms will reportedly pose a restriction for the market’s growth through to 2025. Huge, uncontrollable waste produced due to plastic on a global level is forcing governments to restrict the production and sale of bottles.

Moreover, bottle blowing machines are best suited for manufacturers with high output, whereas prices of bottle blowing machines seem to be unaffordable for small and regional manufacturers. This factor will significantly limit market growth by 2025 end. In some cases, the manufacturing output volume is relatively lesser and the machine is used only for a short duration, resulting in high idle time of the machine. This factor greatly reduces the productivity of the manufacturing firm.

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Manufacturers shifting from semi-automatic to automatic blowing machine

The global bottle blowing machine manufacturers are now focusing on incorporating new technologies in the machine. They are replacing semi-automatic bottle blowing machines with automatic bottle blowing machine that have enhanced features, which further eliminates the possibility of errors caused due to machine inaccuracy. Machinery manufacturers are moving forward and offering features such as remote services, machine simulation, and data acquisition.

Segmental insights: Technology type and end-use industry

The global bottle blowing machine market is fragmented based on technologies used for the production of bottles. The technologies involved in bottle blowing machineries are extrusion blowing machine, injection blowing machine and stretch injection blowing machine. Injection blowing machine is widely used in developed countries because of its rugged and simple structure of technology, and stretch injection blowing technology is mostly used for production of PET bottles. On the basis of end-use industry, the global bottle blowing machine market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, household, and others. Food & beverages industry is estimated to constitute the largest share of the global market revenue, as the demand for bottled water is increasing rapidly within this domain. This factor will continue to accelerate the demand for blowing machines.

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Bag-on-valve Technology Market to Witness Impressive Growth in Cosmetics Industry

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.

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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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Collapsible Metal Tubes Market | Lucrative Opportunities Across Globe

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.

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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.

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.

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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.

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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.

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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.

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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.

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