Pharmaceutical Plastic Bottles Market – Key Players Gerresheimer AG, AptarGroup Inc., Berry Plastics Group Inc., Amcor Ltd

With no clear market leader, the U.S market for pharmaceutical plastic bottles demonstrates a highly competitive and fragmented landscape, states a research report by Transparency Market Research (TMR). The market witnesses a high degree of competition between the top players, namely, Amcor Ltd., AptarGroup Inc., Berry Plastics groups Inc., and Gerresheimer AG.

The most prominent share of the U.S. market for pharmaceutical plastics bottles is with the small and mostly unrecognized companies and they are striving to gain more shares with new product launches at a competitive price in the coming years, intensifying the competition within the market. Other significant players in this market are Alpha Packaging, COMAR LLC., Drug Plastics, O. Berk Co. LLC, Pretium Packaging Corp., and Tim Plastics Inc.

As per the research report, the opportunity in the U.S. market for pharmaceutical plastics bottles, which was worth US$6.7 bn in 2016, is likely to rise at a CAGR of 4.10% during the period from 2016 and 2024 and attain a value of US$9.2 bn by the end of the forecast period. Pharmaceutical plastics bottles are likely to find a higher usage in oral care segment than other application areas over the next few years.

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Packer Bottles to Continue to Attract High Demand in U.S.

The report analyzes the U.S. market for pharmaceutical plastic bottles on the basis of several important parameters. One of those is the type of the pharmaceutical plastic bottle, based on which this market has been classified into packer bottles, liquid bottles, dropper bottles, and various other types of bottles, such as Boston round bottle and bullet. Among these, the demand for packer bottles is much higher than other types of pharmaceutical plastic bottles.

With a share of nearly 50%, this segment is likely to retain its dominance over the forecast period, thanks to the increasing demand for customized pharmaceutical plastic packer bottles. However, the demand for liquid bottles is expected to increase at a greater pace in the next few years due to the increasing intake of drugs in the form of syrup and solutions, notes the study.

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Stretch and Shrink Film Market – Asia Pacific to Contribute Significantly towards Global Market Growth

Berry Plastics, Dow Chemicals, Fuji Seal International Inc. are the light bearers in the worldwide stretch and shrink films market . These players, and also other conspicuous members, are progressively concentrating on coordinated efforts with neighborhood wholesalers and growing operations in developing nations to combine their position in the market, watches Transparency Market investigate (TMR) in another examination.

A few players are accentuating on growing their geological effort to improve their perceivability in the market. For instance, Bemis Company Inc. commits impressive assets in reinforcing its position in China, India, and South America. In December 2015, the organization gained Emplal Participações S.A., a producer of plastic bundling in Brazil.

The open door in the worldwide stretch and shrink films market had a valuation of US$14.1 bn in 2015 and is ready to display a CAGR of 5.2% in the vicinity of 2016 and 2024, achieving US$21.1 bn by 2024. Based on product, the market is anticipated to be led by the segment of shrink films owing to the growing use of light-weight packaging films. The low density polyethylene (LDPE) material segment is the chief contributor to the evolution of stretch and shrink films market. Nevertheless, it is anticipated to lose noteworthy market share to other materials such as linear low density polyethylene (LLDPE), PVC, and polypropylene.

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In the packaging industry, adaptable bundling is quickly making advances into the offers of unbending packaging. The previous is supplanting the last in a few applications, rising as the most encouraging section. Among various sorts of adaptable packaging, stretch and shrink films are exceedingly famous and broadly utilized all through the store network. The expanding notoriety of adaptable bundling is, along these lines, one of the essential development stimulants of the worldwide stretch and shrink films.

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Trends in Global Sterile Medical Packaging Market Predict an Upswing

The sterile medical packaging market has witnessed impressive growth over the last few years owing to the significant increase in the demand for pharmaceutical and biologics products. Sterile medical packaging finds extensive usage in the packaging of medical equipment, medical supplies, and pharmaceutical and biological products due to its high performance and anti-contaminant properties. The global sterile medical packaging market is estimated to expand at a steady CAGR of 4.7% during the forecast period, amounting to US$38.3 bn by 2024.

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The wide availability of new products in the field of biologics and biopharmaceuticals, coupled with specific requirements of patients for better compliance, is driving the market for sterile medical packaging worldwide. Likewise, the mounting demand for sterilization in reference to healthcare and personal care products has driven the need for sterile medical packaging.

Vials and ampoules emerged as the leading product segment due to their wide application in multiple pharmaceutical industries throughout the forecast period. This segment is anticipated to account for 37% of the overall sterile medical packaging market by the end of 2016. However, the segment is anticipated to witness a marginal decrease in market share by the end of the forecast period. The pouches and bags segment, on the other hand, will lead the sterile medical packaging market by 2024.

The plastics segment is estimated to account for the leading value share of 51.6% in the sterile medical packaging market by 2016-end based on type of material. This segment is expected to register healthy Y-o-Y growth during the forecast period, along with the glass segment. The non-woven segment is expected to register a healthy growth rate till 2019; however, it is expected to lose traction in the later phase of the forecast period.

The key players operating in the global sterile medical packaging market include Amcor Limited, Placon, Dupont, Steripack, Wipak Group, 3M medical Packaging, Nelipak Healthcare, Oracle Packaging, Sonoco Plastics Europe, Billerkornas AB, and Ampac Group.

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Global Cap Applicators Market is Witnessing Growth Due to Emergence of Customized Products

The global car applicators market is anticipated to witness a tough competition among the players, due to high fragmentation with presence of big, medium, and small players all over the world. This practice is obstructed by established players in the market. , In order to expand their global reach, the major firms in the market are indulging in mergers and acquisitions, so that they can set their foot in bigger regions. For an instance, Bosch Packaging Technology took over a well-known industrial firm, Kliklok, in 2015. This is a clear depiction of inclination towards acquisition. Some of the major players in the global cap applicators market are Closure System International, Tetra Pak, Tecnocap Group, Accutek Packaging Equipment Companies, Inc, Federal Mfg. Co., Krones Ag, Karmelle Liquid Filling & Capping Solutions Limited, Crowns Holdings Inc., Bosch Packaging Technology, and E-PAK Machinery, Inc.

According to a recent report by Transparency Market Research (TMR), the global cap applicators market is prognosticated to expand at a steady CAGR of 6.6% within the forecast period from 2016 to 2024. In, 2016, the market was value around worth of US$1,133.8 mn, which is likely to reach around worth of US$1,866.7 mn by the end of forecast period, 2024. On the basis of variety, the automatic cap applicators segment is estimated to lead all other segments in the category, as far as revenue is concerned, in terms of revenue, surpassing the semi-automatic and hand-held types. On the basis of geography, Asia Pacific region is likely to dominate the market undisputedly, with a significant CAGR of 6.6% within the forecast period.

Manufacturers of the products have advanced with immensely customized and newer versions of caps and closures at the time of designing the products. This is a key pattern in the business as it would as well surge the demand for different capping applicators that can be used with changing designs. Owing to this, the market is foreseen to benefit enormously from the newer designs of caps within the manufacturing sector.

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Besides, the inclinations of the customers continue to change which prompts the producers to acquire development, and take into account the requests of the customers. This is estimated to make massive space for the cap applicators market once it begins getting customization demands from producers.

Long Life of Equipment to Hamper Market Growth

There is a surge in the market with respect to the accuracy of refurbished or utilized or restored capping machines that could perform the majority of the task of the new apparatus. This encourage the producers to keep utilizing the old tools with a specific end goal to evade additional cost for new tools. The proclivity to utilize old apparatus holds back the growth of the market, making it difficult for the cap utensil firms in the market. Additionally, an impossible to miss issue looked by these organizations is the good usage-life of the cap applicators. Despite the fact that, it ought to be a positive sign for the business, and stress on the reliability of the market players, the durable equipments keep the share of new ones and hampers market development. In spite of the difficulties, the developments in the packaging sector alongside the presentation of modified capping designs, the market is likely to remain healthy.

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Cosmetic Packaging Market: Plastic to Remain Most Preferred Material despite Rising Popularity of Paper Packaging

The focus of cosmetic product manufacturers on innovative and alluring packaging has significantly increased in the past few decades. Key cosmetics and personal care brands have started considering effective packaging as a critical attribute of product marketing.  The strategy has translated in enhanced brand visibility, increased sales, reduced brand recall rates, as well as a larger footprint in the respective target geographies.

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The factors have significantly benefitted the global market for cosmetic packaging and are expected to lead to the development of healthy growth opportunities for the market in the next few years as well. Transparency Market Research estimates that the global cosmetic packaging market will exhibit a 4.4% CAGR over the period between 2016 and 2024. If the prediction holds true, the market will rise from a valuation of US$23 bn in 2015 to US$33 bn by 2024.

A variety of materials is used for packaging cosmetics, including glass, plastic, paper, metal, and wood. Of these, the plastics segment presently leads the global cosmetic packaging market, in terms of both value and volume. The segment is expected to account for a 50% of the global market throughout the forecast period. However, rising consumer preference to eco-friendly products such as wood, paper, and metals is expected to hinder the growth prospects of the plastic segment to a certain extent.

Increasing awareness and implementation of stringent environmental laws along with competitive benefits have compelled users to increase use of eco-friendly materials for packaging and manufacturers to integrate eco-friendly design principles in material development processes. As a result, the global demand for materials such as paper, silicone, melamine, and bamboo is expected to see a significant rise in demand across the cosmetic packaging market in the next few years.

The market for glass-based cosmetic packaging is expected to rise in response to the substantial demand for luxury goods in the developed markets like the U.S., UK, and Germany. However, the adoption rate of metal as packaging is expected to remain low owing to higher costs in comparison with other materials.

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Vacuum Packaging Market – Demand for Polypropylene to Rise at Most Promising Pace

The world market for the vacuum packaging market is largely a consolidated one, marked with the presence of a handful of companies, as suggested in a publication by Transparency Market Research. It is also revealed in the analysis that the eminent market vendors which are operating in the market account for most of the market share. Some noteworthy companies in the world market for vacuum packaging are Sealed Air Corporation, Bemis Company, Inc., Amcor Limited, Berry Global, Inc., Mondi Group, and Wipak Group.

Many of these renowned players belong to various developed geographical areas, especially in Europe and North America. These companies are increasingly opting for business strategies like acquisitions and mergers in a bid to consolidate their own market shares across various parts of the world. However, with a number of new entrants in market, the possibility of emergence of fragmented competitive landscape is arising.

Many market vendors are making an offer of innovative solutions of packing that are solely aimed at catering to the functional needs of a wide variety of end-users, particularly in the beverages and food segment. A large chunk of them are aggressively designing specialized and innovative solutions catering to markets of new application like the industry of e-commerce.

Of the primary materials that are used for the purpose of vacuum packaging, the category of polyethylene (PE) is prognosticated to lead the world market for vacuum packaging. The segment held around 38% of the total world market share in 2016. The category is also forecasted to retain its position as the leading contributor to the overall revenue of the international vacuum packaging market over the forecast timeframe. The segment is expected to experience steady growth, exhibiting a 4.6% CAGR during the timeframe of the forecast, 2014 to 2024.

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The growth rate of the polypropylene (PP) category is foreseen to surpass that of the various other types of material that are used for vacuum packaging over the period forecast period. The category is estimated to display a CAGR of 5.7% during the period of forecast that extends from 2016 to 2024. It aims to grab a larger piece of the total market share by the end of the period of forecast.

Characteristics like increased shelf-life and high-barrier films of polypropylene packaging are the major reasons that are leading to the augmented adoption of polypropylene in the industry of vacuum packaging. The category of vinyl content i.e. polyvinylidenchloride (PVDC) and polyvinylchloride (PVC) together are foreseen to account for over 20% of the total market by the end of the year 2016.

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Metal Cans and Glass Jars Market: Demand from Food Industry to Grant Sustainable Business Prospects

The competitive landscapes of metal cans and glass jars market in India and Iran feature stark contrasts in terms of bargaining power of suppliers and consumers. The markets, however, feature essentially similar growth opportunities and threat from alternatives such as PET and paper packaging, finds a recent report by Transparency Market Research.

The market for metal cans and glass jars in India is highly consolidated, granting high bargaining power to suppliers of both finished products as well as raw materials, and presenting intense entry barriers for new ventures. The glass jars market witnessed small- and medium-sized companies account only for a 23% share in the overall market in 2015. The top four vendors in the market, including HNGIL, Haldyn Glass, Piramal Glass, and HSIL collectively accounted for the lion’s share with 75%, of the overall market in the same year. In the metal cans market too, the top companies Hindustan Tin Works Ltd., Rexam PLC, and Kaira Can Company Ltd., collectively held a dominant 50% share in the overall market in 2015.

On the other hand, both the metal cans and glass jars markets in Iran are characterized by moderate to high levels of fragmentation. The moderately fragmented market for metal cans in the country saw the top three companies, Iran Ghouti, Farr Co. Ltd., and Tabriz Can Industries, collectively account for a more than 40% share in the overall market 2015. Other manufacturers accounted for a dominant 60% share in the market in the same year.

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The glass jars market demonstrated stark fragmentation in the same year with small- and medium-sized companies accounting for around 90% shares in the overall market. The Iran market for metal cans and glass jars thus features strong competition, low margins, low bargaining power for suppliers, and the threat of international competitor ventures. The market features low entry barriers and consolidations through mergers and acquisitions may fare well for companies aspiring to create economies of scale.

Innovative Product Designs and Efforts to Educate Consumers about Benefits of Metal and Glass Packaging Will Benefit Market

Innovation is key to success in the metal cans industry. Companies in India and Iran are investing extensively on the development of products with features such as easy-open lids, which do not require the use of can openers, self-heating cans made from self-heating steel, and EZO cans that can be conveniently used by all age groups owing to their innovative packaging. These product varieties have gained favorable reviews from consumers, leading to considerable improvement in brand value for clients.

Metal and glass packaging have an upper hand to plastics when it comes to recycling. TMR analysts note that recycling and reusing metal and glass packaging materials and products are not only cost-effective for manufacturers but are also highly environmentally viable practices. Vast energy savings are easily achieved through recycling and reusing glass and metal packaging products. For achieving sustainable growth, raising awareness among consumers about these long term benefits of these products will have to be the major focus of companies in the metal cans and glass jars market in India and Iran in the coming years.

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