Global Glass Packaging Market to Attain High Growth Owing to Wide Application in Various Industries

The market dynamics for glass packaging is highly fragmented and the leading six players hold 35% share in the global market. Gerresheimer AG, Owens-Illinois Inc., Vetropack Holding AG, Ardagh Group, Saint-Gobain S.A., and Vidrala SA. are the leading players in the global glass packaging market. These companies use advanced business strategies to maintain their stand in the global glass packaging market. However, various small and medium players working across geographies are also making efforts to strengthen their position in the market.

In order to curb pollution, several companies are focusing on product recycling.  This is likely to help companies gain traction due to increasing environmental consciousness among users. For instance, Ardagh Group has improved recycling efforts in its glass packaging business in North America. This initiative has also increased the furnace performance and reduced energy consumption during glass packaging.

According to TMR, the global glass packaging market is expected to reach US$55.24 bn by the end forecast period in 2020. This market is estimated to expand at a CAGR of 4.6% between 2014 and 2020.

Among the various applications, alcohol beverages (except beer) has emerged dominant. The alcohol beverage segment held more than 40% of the market in 2013. According to the regional analysis, Asia Pacific is leading the global glass packaging market and is projected to rise at a CAGR of 5.3% during the forecast tenure.

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Increasing Consumption of Alcoholic Beverages to Boost Market

There are multiple uses of glass packaging in pharmaceuticals, food and beverages, medical supplies, and personal care. The growing consumption of alcoholic drinks especially beer has fuelled the demand in the glass packaging market. The high consumption of beer in developed countries will bode well for the global glass packaging market. In addition to this, the rising consumption of beer in developing nations in Asia Pacific will also contribute towards the market’s growth.

Pharmaceutical companies have also exhibit high demand for glass packaging. Thus, contributed towards the expansion of the global glass packaging market. In addition, the rising use of glass packaging in the cosmetics industry for packaging of nail paints, perfumes, and other beauty products has enabled the market gain momentum.

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Plastic Packaging Market Prophesied to Grow at a Faster Pace by 2020

Plastic packaging relates to bags, pouches, films, containers and envelopes made of plastic.Plastic packaging is made of polymers such as high density polyethylene (HDPE), low density polyethylene (LDPE), polyethylene teraphthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). Plastic packaging is segmented into rigid plastic packaging and flexible plastic packaging.

 

The plastic packaging report gives a detailed analysis and forecast of the market on a global as well as regional level. On a global level, the market has been analyzed based on the current trends and forecast for the time period ranging from 2014 to 2020. The market has been studied on the basis of volume (kilo tons) and revenue (US$ Mn). For an in-depth understanding of the market on a regional level, the demand has been analyzed and forecast based on volume (kilo tons) and revenue (US$ Mn) for the same time frame. The study takes into account the drivers and restraints of the market and their impact on the growth of the market. In addition, the report includes opportunities available for the growth of the market within the forecast period, on a global as well as regional level.

 

For an insightful understanding of the market, we have given a detailed analysis of the value chain. The Porter’s five force model gives a clear and in-depth understanding of the degree of competition. The study also covers a market attractiveness analysis, where end-use has been benchmarked based on the market size, growth rate and general attractiveness.

 

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The market has been segmented based on products and end-use and each of these segments have been analyzed and forecast based on volume (kilo tons) and revenue (US$ Mn), for the time period ranging from 2014 to 2020. In addition, the segments have been analyzed and forecast based on current trends on a global as well as regional level, for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW), and the demand has been analyzed and forecast based on current trends for a period of six years, ranging from 2014 to 2020.

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Green Packaging Market – Positive Outlook for Industry Opportunities & Trends

The green packaging market across the globe is expected to experience a stable growth from 2015 to 2021. Green packaging alternatively known as sustainable packaging market is segmented on the basis of application, packaging type and geography. The packaging type is further bifurcated into recycled content packaging, reusable packaging and degradable packaging. The various categories of recycled content packaging are paper packaging, plastic packaging, metal packaging and glass packaging among others. The reusable packaging is divided into drums, plastic container and others. On the basis of application the green packaging market has been segmented into food and beverage packaging, personal care packaging, health care packaging and others. By geography, the green packaging market has been segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).

Increasing environmental concern is one of the major factors fuelling the demand for green packaging globally. Owing to this factor, considerable efforts are being made for reduction of toxic waste emissions. Green package results in very less toxic emission and causes less pollution in form of landfills. Consequently, there is an increasing demand for green packaging to keep the environment clean and pollution free. Moreover, Owing to increase in government’s initiative to clean the environment, strict regulations are formulated by government globally. Manufacturers are now under pressure to use eco friendly material in packaging and adopt methods that have less adverse impact on environment.

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Consequently, many industries have to adhere to green packaging as a part of their Extended Producers Responsibility (EPR). This factor is also boosting the market to a great extent. In addition, the use of green packaging gives competitive advantage to industry over other market players since consumers prefer products having sustainable packaging over others. Owing to this factor, the demand for green packaging is increasing and expected to grow rapidly during the forecast period.

However, reduction in profit margin due to increase in production cost is one of the factors restraining the growth of green packaging market. In addition, limited consumers demand due to lack of awareness regarding green packaging among consumers also limits the industries to switch to green packaging. However, government is taking initiative to make people aware of the importance and benefits of green packaging. In spite of these restraining factors the green packaging market will stand firm during the forecasted period.

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Plastic Bags & Sacks Market to Record Ascending Growth by 2024

This report provides forecast and analysis of the plastic bags & sacks market on the global and regional levels. It provides historical data of 2015 along with forecast from 2016 to 2024 in terms of revenue (US$ Mn) and volume (‘000 metric tons). The report also includes macroeconomic indicators along with an outlook on plastics consumption globally. It includes drivers and restraints of the plastic bags & sacks market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for plastic bags & sacks manufacturers. It also includes detailed pricing analysis by material type and value chain analysis with a list of vendors/suppliers and industry stakeholders at each node in the value chain.

In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with unique selling propositions. The dashboard provides detailed comparison of plastic bag manufacturers on parameters such as operating margin, unique selling propositions, collective market share, and geographic concentration. The study encompasses market attractiveness analysis, by material type, product type, application type, and region.

The report includes consumption of plastic bags & sacks and the revenue generated from sales of plastic bags & sacks in all regions and important countries in these regions. By material, the global plastic bags & sacks market has been segmented into biodegradable and non-biodegradable. Biodegradable segment is further sub-segmented into polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch blend, and others. Non-biodegradable segment is sub-segmented into high density polyethylene (HDPE), low density polyethylene (LDPE), linear low density polyethylene (LLDPE), polypropylene (PP), polystyrene (PS), and others.

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By product type, the market is segmented into T-shirt bags, gusseted bags, lay flat bags, trash bags, rubble sacks, woven sacks, and other bags. On the basis of application, the global plastic bags & sacks market is segmented into retail & consumer, institutional, and industrial. Retail & consumer segment is further sub-segmented into grocery products, food & beverage, clothing & apparel, and others. Retail & consumer application segment is further sub-segmented into grocery products, food & beverage, clothing & apparel and others. Furthermore, institutional segment is sub-segmented into hospitality, hospitals & healthcare, and others.

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Flexible Packaging Market – Research Methodology, Drivers and Opportunities 2024

The emergence of bio-based and biodegradable films is the primary factor fuelling the growth of the global flexible packaging market. The use of these products is expected to offer sustainable solutions owing to the reduced dependency on fossil fuels. Moreover, government support toward the use of environment-friendly products is projected to supplement the growth of the global flexible packaging market in the coming years.

The research study has offered a detailed analysis of the market, focusing on the latest trends and promising opportunities that lie ahead. A detailed overview of the competitive landscape of the global flexible packaging market has been provided in the study to give a strong understanding of the market. The key decisions and strategies adopted by the leading companies have been presented to guide existing and new players in framing effective business policies in the coming years.

Global Flexible Packaging Market: Drivers and Restraints

The growing demand for flexible packaging for diverse applications is one of the primary factors augmenting the growth of the overall market. The growing need to ensure the quality and safety of products and preserve them from contamination and damage is driving the demand for innovative flexible packaging solutions worldwide.

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Key players in the market are emphasizing on introducing effective products and expanding their product portfolio in order to reach a larger audience. This is expected to fuel the market’s growth in the coming years. Furthermore, the growing awareness regarding hygiene and food safety and the increased shelf life enabled by flexible packaging are some of the other drivers anticipated to boost the global flexible packaging market.

On the other hand, concerns related to handling in specific applications and various recyclability issues are expected to restrict the growth of the market in the next few years. Nevertheless, the introduction of specialty films is likely to offer lucrative opportunities for market players.

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Quantum Dot (QD) Display Market – Cadmium-free Segment to Remain Most Lucrative

The global quantum dot (QD) display market was valued at around US$ 1,176.2 Mn in 2017and is anticipated to register a stable CAGR of over 23% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Quantum Dot (QD) Display Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Benefits provided by quantum dot, increasing adoption of cadmium free quantum dot displays, and growing popularity of consumer electronics devices have increased the penetration and growth of the quantum dot (QD) display market globally. The quantum dot (QD) display market in North America is expanding at a significant CAGR of above 24% on the backdrop of numerous technological innovations in electronics devices and increasing investments in the development of the medical sector.

Benefits Provided by Quantum Dot Display to Drive Market Growth

The growing demand for enhanced display technologies and increasing awareness about energy efficient solutions has increased the adoption of quantum dot display products. There are numerous advantages of quantum dot displays such as energy efficiency, ultra-definition, low cost, and high brightness. Quantum dots can glow in any array of colors, determined by their sizes. Various companies are implementing quantum dot technology in order to achieve cheaper, faster, and stronger television displays.

In North America, a large number of consumer electronics providers are focusing on offering hybrid quantum dot displays in order to meet the increasing demands for flexible displays. In September 2017, Apple Inc. invented quantum dot hybrid pixels technology in order to offer power efficient displays that provide pure color. This technology is ideal for consumer devices that demand a flexible display. Key trends prevalent in the quantum dot (QD) display market are electroluminescent quantum materials-based displays, strategic partnerships, introduction of 4K Ultra HD LED TV’s and UHD TV’s, and growing investments in quantum dot technology.

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Cadmium-free Segment to Dominate the Global Quantum Dot (QD) Display Market

The material segment is divided into cadmium-containing and cadmium-free. Cadmium-free segment is anticipated to dominate the market owing to various benefits provides by cadmium free quantum dot displays around the globe. Eco-friendly nature, pure color, and wavelength tenability are some of the key factors driving massive global investment in cadmium-free quantum dot displays. As cadmium is toxic in nature, several major OEMs have started launching products only using cadmium-free technology. Cadmium-free quantum dots offer vibrant color for liquid crystal displays (LCD). Hence, many electronic consumer devices manufacturers are offering cadmium free quantum dot displays in smartphones, tablets, TV’s, and laptop. These factors are expected to boost the growth of the quantum dot (QD) display market. Cadmium-free segment is anticipated to expand at the highest CAGR of over 24% during the forecast period of 2018 to 2026.

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LED Retrofit Market Analysis 2018 By Requirements, Demands and Supply

The global LED retrofit market was valued at US$ 2,046.7 Mn in 2016 and is projected to register cumulative annual growth rate (CAGR) of over 9.25% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “LED retrofit Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The LED retrofit market is expected to grow significantly due to increased cost efficiency and long life duration. The report suggests that the prominent adoption of LED lighting is expected to boost the LED retrofit market at the global level for the forecast period of 2018-2026.

Additionally, LED based solutions are gaining popularity in residential and commercial applications, which holds a significant share in the market. Furthermore, multiple states of the U.S. have adopted LEDs due to these large number of benefits. For instance, in April 2017, General Electric, a leading lighting solutions company, published a report stating that multiple states have adopted LEDs on a significant scale namely- Seattle, Washington- 35.5% and Minneapolis, Minnesota 32.9% leading the way. Such initiatives are expected to have a positive impact on the global LED retrofit market. 

Temperature issues with LED to hinder growth of the global LED retrofit market

LED retrofit lights can suffer a significant drop in performance or even face mechanical failure, due to the temperature issues associated with LEDs, as growth of LED retrofit is directly dependent on the growth of LEDs. In 2016, the American Medical Association (AMA) in the U.S. adopted an official policy statement about street lighting: “Cool it and Dim it.” Within the statement, AMA discussed issues related to LEDs such as the high color temperature owing to the blue light content in LED. Alternatively, they suggested using LED’s with appropriate blue light content to boost the adoption of LED in the U.S. 

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Prominent adoption of linear LED retrofits in street lighting and residential sector

On the basis of application, the LED retrofit market is segmented into residential, commercial, industrial, and others. Additionally, on the basis of type, the global LED retrofit market is divided into indoor and outdoor. The outdoor segment is predicted to expand at a significant CAGR over the forecast period. Increasing adoption of LED in street lighting applications across the globe is a primary factor for the growth of the outdoor LED retrofit market. For instance, Norway has adopted smart street lights that dim to 20%in the absence of cars nearby. The market in the industrial sector is expected to grow at the highest CAGR over the forecast period from 2018 to 2026. However, the residential sector holds a prominent share for the year 2026, as adoption of linear LED retrofit lights in households around the globe is continuously increasing.

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