Tuesday 14 August 2018

Pharmaceutical Cartridges Market To Hold a High Potential for Growth by 2026

There is high demand for pharmaceuticals drug packaging products that are safer and protects pharmaceutical drugs from contamination. Earlier, prefilled syringes were the popular and preferred solution of the drug practitioners but the users often met with accidents due to the breaking of the needle sticks. Thus, there is requirement for packaging products that are safer and user friendly. Since, cartridges do not contain any needle, they eliminate every possibility of any injury. Furthermore, cartridges are highly suitable for the temperature sensitive drugs due to their preservative properties. Thus, they are a safe pharmaceutical packaging solution for the users.
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The glass is the most prominently used material for the manufacturing of the pharmaceutical cartridges. The segment holds the major share among the material type segment. This is due to the chemical resistivity of the glass, as glass is highly resistive to pharmaceutical drugs for longer period of time. Type 1 borosilicate glass holds higher market share from its counterparts.
The key trend in the pharmaceutical cartridges market is that the manufacturers are shifting their preference from glass to plastics pharmaceutical cartridges. This is due to the structural issues which occur with the usage of glass for a long period of time. The glass starts degrading from the edges and mixes with the drug solution. Further, glass pharmaceutical cartridges requires higher protection while shipping and usage, due to high chances of breakage f material. Thus, to overcome these issues the global manufacturers started using COC and COP material for manufacturing of pharmaceutical cartridges.
The global market for pharmaceutical cartridges is segmented into material type and capacity type. On the basis of material type, the global pharmaceutical cartridges market is segmented into glass and plastic.  The glass segment is further segmented into Type I, Type II, and Type III glass type. The plastic segmented is segmented into cyclic olefin copolymer (COC), cyclic olefin polymer (COP), polyethylene (PE) and polypropylene (PP).
The key restating factor for the growth of the pharmaceutical cartridges market is consumers focus towards alternative drugs such as Homeopathy and Ayurveda. Increasing incidence of chronic diseases is attributed to sedentary lifestyle and significant increase in geriatric population. However, over the last few years, there has been an increase in healthcare awareness. As such, complementary and alternative medicines is gaining wide prominence among users. From past few years, alternative treatment such as Homeopathy and Ayurveda captured greater share of overall healthcare treatment market. The major reason for increase in the preference for the Ayurveda drug is due to its zero side effects.

Underfill Material Market: Automotive and Military End-users Fueling Demand

An up to date business and commerce publication by Transparency Market Research (TMR) has detected that the global underfill materials market is largely consolidated among a handful of players, and forecasted the competitive landscape to remain limited within the major players despite a few new entrants making a mark. The analyst of the TMR report has notified that as of 2017, Henkel and NAMICS Corporation were the two leading companies, accounting for more than half of the total shares in the global underfill materials, although H.B Fuller, Nordson Corporation, and Epoxy Technology Inc. also held a prominent position.
The position of strength of these key players is a reflection of their brand value, which has been built over the years. For instance, Henkel offers packaging level underfill materials that have been designed to deliver reliability while meeting stringent testing requirements and ensuring Pb-free compatibility. The company offers a range of products from materials with incredibly long working lives, low Potassium/Copper (K/Cu) die, high thermal Underfills, and Snapcure processing alternatives. NAMICS Corporation, on the other hand, offers a wide range of flip chip underfills that find applications in graphic devices, LSI, and CPU. Apart from the producers, the value chain of the underfill material market also includes raw material suppliers such as Admatechs Company Limited and semiconductor assemblers and packagers.
As per the projections of the TMR report, the demand in the global underfill materials market will be expanding at a considerable CAGR of 8.3% during the forecast period of 2017 to 2024. Revenue-wise, the market is estimated to attain a valuation of 448.3 mn by the end of 2024. Going forward, in addition to developing a brand image and enhancing product portfolio, some of the key strategies anticipated by these players to stay ahead of the curve are: capacity and geographical expansion, new product development, and mergers and acquisitions.
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Underfills Materials Market Segmented Based on Product and Application
Rising demand for mobile electronic products, increasing demand from the military and aerospace end-users, growing popularity of copper pillars, development of low-k underfill by several companies, and entrance of new players with niche technology are some of the key factors driving the demand in the global underfill materials market. In addition to that, the analysts have notified for a few trends such as transition towards cost effective underfills and consolidations by major players by the means of M&A. Conversely, downward pricing pressure and high cost of research and development activities for the development of new products are challenging the underfill materials market from achieving greater peaks.

Unit Drug Dose Delivery System Market to Record Ascending Growth by 2025

According to the latest market report published by Transparency Market Research titled ‘Unit Drug Dose Delivery System Market: Global Industry Analysis and Forecast 2017-2025’, global unit drug dose delivery system market, valuated at US$ 26,339.0 Mn in 2017 in terms of revenues, is expected to witness a modest CAGR of  5.8% during the forecast period (2017-2025). The global unit drug dose delivery system market has witnessed solid growth during the past few decades, owing to the increasing need for accurate dosing. Ease of storage, accurate dosing, and ease of disposal are some of the prominent factors which are expected to fuel the market of global unit drug dose delivery system.
The global unit drug dose delivery system market by packaging type has been segmented into blister packaging, pre fillable syringes and cartridges, vials & ampoules, and others (pouches and sticks). By material type, global unit drug dose delivery system market is segmented into plastic, glass, and others. Plastic segment is expected to dominate the market throughout the forecast period with an estimated market share of over 59% by 2025 end, whereas glass segment is expected to register a value of US$ 8,184.2 Mn during the forecast period.
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Plastic segment is further segmented into PE, polystyrene, polycarbonate, polypropylene, poly vinyl chloride (PVC), and PET. Polyethylene segment is further sub segmented into low density polyethylene (LDPE) and high density polyethylene (HDPE). Glass segment is further sub segmented into type-1, type-2 and type-3. By product form, the unit drug dose delivery system market is segmented into solid, liquid and powder. Among the product form, solid segment attained a value share of over 40% in 2017 and is expected to dominate the market during the forecast period as well. Powder segment is expected to be the most attractive throughout the forecast period, having a considerable value share of 35.4% in 2017, which is likely to reach up to 36.7% by 2025 end.
Among geographic market segments, the APAC region is anticipated to lead the global unit drug dose delivery system market, during the forecast period. APAC region is projected to register the highest CAGR of 7.3%, during the forecast period, by value.
The market players that have been profiled in the report include Amcor Limited, Bemis Company, Inc., Wipak Group, Schott AG., Nipro Corporation, Gerresheimer AG, West Pharmaceutical Services, Inc., R-Pharm Germany GmbH, Agrado S.A, Constantia Flexibles Group GmbH, Stevanato Group,  Klockner Pentaplast Group.,  Catalent, Inc.,., Huhtamaki Oyj.,  Omnicell, Inc., Piramal Glass Limited, O.Berk Company, LLC, and SGD Pharma .

APEJ to Record Fastest Expansion in Global Merchandising Units Market, notes TMR

Manufacturers of merchandising units are focusing on the provision of variety solutions to their customers as a top-priority, along with benefits such as high appeal toward consumer interest, reduced prices, and facilitated logistics. Merchandising units manufacturers are also concentrating on retaining aesthetic appeal of their products while keeping efficiency intact. Corrugated cardboard units are being developed in order to offer retailers and brand owners with low-cost flexibility and versatile range of aesthetics.
For example, “Pimp My Display” concept of STI Group enables retailers and brand owners dress up their universal stands in distinctive manners, for communicating local promotions and brand-specific concepts. Key shareholders of the global merchandising units market, as identified by a new Transparency Market Research report, include STI Group, Cheshire Packaging, Tilsner Carton Company, Panda Inspire, Acryl Design Ltd, Print & Display, Expanda Stand, Boxes and Packaging, and Creative Displays Now.
The report evaluates the global market for merchandising units to ride on a stable CAGR during the forecast period, 2017 to 2026. Worldwide sales of merchandising units are poised to surpass US$ 600 Mn in revenues by 2026-end.
Easy-to-use merchandising units have gained immense popularity among retailers worldwide, often delivered to stores that are prefilled with products, thereby enabling stands to be set up in simple steps. Additional features provided such as integrated casters and wheeled pallets have further facilitated placing of merchandising units in these stores, thereby driving their adoption. Demand for merchandising units is further being propelled by their provision of easy tailoring of mix & quantity of prefilled products on these units, staying abreast with requirements of individual retail stores or sales channels.
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Over the years, merchandising units have emerged as essential combination of displays and packaging solutions, with design focus directed toward optimization of handling, distribution, and merchandising enormous product quantities in retail stores. Manufacturers generally concentrate on designing modular merchandising units, utilizing corrugated boxes to keep their environmental footprint in check. Optimization of logistic operations is the main objective of these designs, implying extensions of shelf-ready packaging.
Europe to Remain at Forefront of Global Merchandising Units Market
In terms of revenues, Europe will continue to spearhead the global market for merchandising units, closely trailed by North America and Asia-Pacific excluding Japan (APEJ). However, revenues from merchandising units’ sales in APEJ are set to record a relatively faster increase through 2026. Sales in Middle-East & Africa are also expected to exhibit an impressive expansion, albeit revenues from this region’s market will remain sluggish in the period of forecast.

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.

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.

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.

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 ...