Release Liner Market – Lucrative Opportunities Across Globe

The global release liner market is highly competitive in nature with a presence of several players operating in it across the globe, states a new market research report by Transparency Market Research. The key players in the global market are emphasizing on development of new product in order to enhance their product portfolio and market penetration across the globe. Furthermore, the leading players in the market, namely Rayven Inc., Mondi Group, 3M, Loparex Holding B.V., Avery Dennison Corp., UPM, and Gascogne Group are expected to invest in research and development activities to encourage their growth throughout their forecast period. In addition to this, the rising number of mergers and acquisitions and strategic collaborations are anticipated to generate potential growth opportunities for the market players throughout the forecast period.

In the last few years, Asia Pacific led the global release liner market and is estimated to continue with its dominance throughout the forecast period. The high growth of this region can be attributed to the presence of a large number of manufacturers and vendors. In addition to this, the rising construction of new manufacturing units is also one of the key factors expected to accelerate the growth of the Asia Pacific market in the coming years.

Moreover, the rising contribution from Malaysia and Indonesia are estimated to offer growth opportunities in the coming years. Furthermore, the Middle East and Africa is predicted to register a promising growth throughout the forecast period, thanks to the growing demand for release liners across diverse application segments.

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Among the major segments of the labeling technology, pressure sensitive labeling is estimated to account for more than 44% of the global market in the next few years. The high growth of this segment can be attributed to the rising need for packaging for food and beverages and pharmaceuticals. On the flip side, the sleeving segment is estimated to gain traction throughout the forecast period, thanks to the high level of efficiency that is being offered by the release lines.

Rising Demand for Digital Label Printing Technology to Accelerate Growth

The rapid development of the packaging industry is one of the key factors estimated to encourage the growth of the global release lines market in the next few years. The rising preference of consumers for high-quality and innovative packaging has resulted in a significant rise in the demand for release liners across the globe. Furthermore, the increasing investment in the food and beverages and pharmaceutical industries is considered as another major factor estimated to enhance the growth of the global market in the coming few years.

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Antimicrobial Packaging Market – Key Players Sciessent LLC, Takex Labo Co. Ltd, The Dow Chemical Company

The global antimicrobial packaging market is expected to witness a highly intense competitive scenario in the coming years, states Transparency Market Research (TMR) in a research report. The increasing competition can be attributed to the presence of several regional and global players of small, medium, and large scale. The crème of the crops present in the market are The Dow Chemical Company, BASF SE, Sciessent LLC, and Takex Labo Co. Ltd. The companies are likely to get attracted by the opportunities present in the Asia Pacific region.

The players are likely to highly benefit from this market owing to the rising demand for convenience food in the region along with proliferating health concerns among the people living in the region which will give the players a better opportunity to enhance their reach, thus further intensifying a competition.

On the basis of materials, the global market has been segmented into plastics, biopolymers, paperboards, and tin, among other minority materials. Among all these, plastics have emerged as the most loved material and have been gaining popularity owing to their superior features related to chemical, mechanical, and physical formulations. Plastics are effortlessly pliant, can give adequate levels of flexibility, security against tears, numerous layered packaging, all requiring little to no effort when contrasted with other packaging materials.

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Region-wise, the market has been segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Asia Pacific emerged as the leading region in 2015 accounting for a share of 33.3% in the same year. It is expected to maintain the leading position until the end of the forecast period.

High Shelf Life Provision to Augment Demand

The expanding examples of waterborne and foodborne diseases, cost expansion food and beverages industry, and growing awareness regarding food shortage around the globe is setting a ton of consumers at a spot where they need to maintain a strategic distance from wastage of food however much as could reasonably be expected. This need is enlarged by the general household inclinations with the average workers of accumulating certain sorts of beverages, mixers, condiments, spices, and food products.

On the whole, this structures the main factor driving the worldwide antimicrobial packaging market, because of the reasonable lead that antimicrobial packaging holds as far as broadening the time span of usability of its consumable substance. Producers of food products and also the basic consumer statistic is currently searching for approaches to build the general life expectancy of food and beverage products and this pursuit drives them to the few sorts of antimicrobial packaging accessible today.

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Lubricant Packaging Market – Key Players Duplas Al Sharq, Takween Advanced Industries, Saudi Can Manufacturing Company Ltd

The GCC market for lubricant packaging is characterized by intense rivalry among key players, making the market very competitive. Players are adopting novel manufacturing technologies, thanks to the various research and development activities carried out in the field of lubricant packaging, states a research study by Transparency Market Research (TMR). The high scope for product innovation and product advancements are inspiring participants to increasingly participate in research and development. While the GCC lubricant packaging market is concentrated in the U.A.E and K.S.A, it is anticipated that players in the market will consider expanding to the neighboring regions of Africa and Europe, thanks to advancement in technology, resulting in a high production output.

According to TMR, the GCC market for lubricant packaging stood at US$162.7 mn in 2016 and shall rise to US$210.4 mn by 2024, expanding at a 3.30% CAGR between 2016 and 2024. On the basis of end user, the automotive sector is the clear winner and will continue to gain most opportunities of growth even in the future. However, the chemical industry will emerge as the most promising end user segment in the coming years, says TMR. On the basis of material, the demand for PET will rise, leaving behind PVC and PP. The HDPE segment will also witness promising growth in the near future on account of its multiple use across many consumer and industrial applications.

Engine Oil to Continue to Remain Most in Demand

On the basis of type of packaging, the market will be led by pail. Other packaging types that will witness demand is the flexible lubricant packaging such as stand-up pouch or bag-in-box. On the basis of lubricants, it is the engine oil that has been receiving most demand for lubricant packaging. The engine oil will continue to lead throughout the forecast period among the types of lubricant.

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Government Initiatives Behind Growth of Market 

One of the key factors attributed for the growth of the GCC lubricant packaging market is the innovation in technology. The growing number of initiatives taken by government is also aiding the growth of this market, says TMR. The increased spending on non-oil industries will drive the growth of the market in the coming years. Government initiatives in the GCC nations have ensured that non-oil industries become significant sources of income and are behind the growth of the lubricant packaging market in the region. However, the stringent environmental rules and regulations may hamper the growth of the market in the coming years. 

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Honeycomb Packaging Market – Key Players DS Smith, BASF SE, Sealed Air Corporation, Sonoco Products Company

The world honeycomb packaging market is forecasted to witness growth at the backdrop of growing demand for environment-friendly packaging system and increased application of honeycomb packaging, as observed by Transparency Market Research in a recent study.

Intense market competition defines the competitive landscape of the world market for honeycomb packaging. Such competition is owing to the powerful presence of several small markets players and those small companies are putting forward considerable challenges to the already established eminent market players. Some of the eminent companies that are active in this market are DS Smith, Smurfit Kappa Group, Sealed Air Corporation, Sonoco Products Company, BASF SE, ACH Foam Technologies, Inc., Corporation of America, and WestRock Company

In a bid to expand their market presence, the eminent market players make use of strategic alliances that assist them in the expansion of their regional footprint. The topnotch companies in the world honeycomb packaging market are investing money into research and development work for improved products that satisfy the needs of different people.

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The said market research report by Transparency Market Research mentions that the world market for honeycomb packaging is, in all likelihood, to rise at a healthy CAGR of 5.7% over the timeframe of 2016 and 2017. Expanding at this rate, the market is poised to obtain a valuation of US$14.1 bn by the end of 2024 arising from an amount of US$8.6 bn in the year 2015.

North America to Retain Its Lead in the Industry

The market for honeycomb packaging has been divided into the major regions of Latin America, North America, Europe, Middle East and Africa and Asia Pacific. From the regional point of view, North America has exhibited leadership in the said market. It has led the market back in 2015 and is also forecasted to experience a sound and steady rate of growth over the period of forecast. The regional growth is attributed with the vast size of the end-user industry of North America. Apart from North America, it is forecasted that Asia Pacific is also likely to exhibit a substantial rate of growth in the forthcoming years owing to augmented penetration of the end-user industries for this market. Apart from that, rapid and extensive urbanization and industrialization are also responsible for such a lucrative growth of the said market in the region of Asia Pacific.

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Fresh Meat Packaging Market – Key Players Dupont, Bemis Co. Inc., Berry Plastic Group, Winpack Ltd., Sealed Air Corp

The global fresh meat packaging market is highly fragmented in nature and going forward too is expected to remain the same. In 2015, top ten leading players held just one quarter of the share in the market, vis-à-vis overall value. Some such prominent participants are Sealed Air Corp., DuPont, and Amoco Ltd.

In order to steal a march over their competitors, most savvy players in the global market for fresh meat packaging are investing heavily in product innovation to come up with a more diverse offering. This way, they are trying to tap into a much wider client base. The companies are also seen leveraging mergers and acquisitions to bolster their positions.

A report by Transparency Market Research finds that the global market for fresh meat packaging will likely expand at a lackluster CAGR of 2.3% during the period between 2016 and 2026. At this pace, the market, which was worth US$1.92 in 2015 will become worth US$2.47 bn by the end of 2026.

Some of the key technologies used in the global market for fresh meat packaging are vacuum skin packaging (VSP), modified atmosphere packaging (MAP), and vacuum thermoformed packaging (VTP). Among them, the technology of VSP is seeing maximum uptake and in the future will see even more adoption. The TMR report predicts the segment to become worth 32% by 2026-end.

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Geographically, the key segments of the global market for fresh meat packaging market are Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa. At present, North America holds a sway over the market and will likely maintain its firm position in the years ahead too. This is because of the quick uptake of fresh meat packaging among meat producers and the rising investments in research and development. The market in North America accounted for about 36% share in the market in 2015.

Primarily fuelling the global fresh meat packaging market is the growing urbanization, worldwide, and the rising awareness among people pertaining to the risks involved in consuming food such as meat not packaged properly. “Fresh meats, in particular, need superior forms of packaging as they can be easily infected. The types of fresh meat packaging that have been launched in the market in the past couple of years have allowed meat to be stored for longer periods of time and this has consequently allowed market players to tap into a much wider client pool, globally,” says the lead analyst of TMR.

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Ampoules and Syringes Market – Key Players Schott AG, Becton, Dickinson and Co., Gerresheimer AG, West Pharmaceutical Services Inc

The global ampoule and syringes market demonstrates a highly dynamic and competitive landscape, finds a new research report by Transparency market Research (TMR). The market has been largely dominated by Becton, Dickinson and Co., Gerresheimer AG, West Pharmaceuticals, Schott AG, and Nipro Corp., which collectively, held a share of nearly 77% in the overall market in 2015.

Hitherto, these companies have been concentrating on making heavy investments in R&D activities; however, their focus is likely to shift towards constructing manufacturing facilities in high growth regions, such as India and China in the near future. Apart from this. Strategic alliance with leading regional participants will be another key focus area for these players over the next few years, states the research report.

As per the research study, the global market for ampoules and syringes, which stood at US$5.1 bn in 2015, is likely to progress at an impressive CAGR of 10.50% during the period from 2016 to 2024, increasing the opportunity in this market to US$12.4 bn by the end of the period of the forecast. The demand for glass ampoules and glass syringes has been much higher than other products in this market and is expected to remain so over the years to come.

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EMEA to Continue its Leading Streak

An exhaustive study of the geographical segmentation of the worldwide ampoule and syringes market has also been included in this research study. According to the report, the worldwide market for ampoule and syringes stretches across Europe, the Middle East, and Africa (EMEA), Asia Pacific (APAC), Countries under the North American Free Trade Agreement (NAFTA), i.e., the U.S., Canada, and Mexico, and the Rest of the World.

EMEA has been leading the global market over the last few years and is expected to retain its position throughout the forecast period. The presence of a state-of-art medical and healthcare infrastructure, increasing shift towards home healthcare, and the rising awareness among consumers regarding the benefits of ampoules and prefilled syringes in the region. Europe has emerged as the key contributor to the EMEA market for ampoule and syringes and is anticipated to remain seated in this position in the near future. The NAFTA ampoule and syringes market is also expected to witness healthy growth over the next few years, thanks to the presence of a large number of leading pharmaceutical companies in this region, notes the study.

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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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