Free Standing Display Units Market – Latest Trends and Key Drivers Supporting Growth through 2024

Free standing display units help in maximizing the impact of a product. These are key component of any marketer or retailers point of sales marketing tool box. Free standing display tools are designed for better product placement, high brand awareness and increased product visibility. Hence free standing display units are highly sought in-house promotional tool, in every consumer goods and industrial goods sales outlet.

Globally, retail sector is a vibrant industry which is expected to grow at robust rate over the forecast period. This is attributed to changing macroeconomic scenario coupled with growing middle class population. Moreover, urbanization in emerging economies along with changing lifestyle has led to emergence of many retail stores worldwide. The trend is quite prominent in FMCG and FMCD sector. Increase in retail market has propelled overall growth of free standing display units.

Geographically, the global free standings display units market has been divided into seven key regions including North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East & Africa (MEA). The Asia-Pacific excluding Japan (APEJ) free standing display units’ revenue contribution to the global free standing display units’ market is expected to be the maximum by the end of forecast period owing to increased demand of free standing display units from FMCG and FMCD industry. In terms of value, consumer electronic goods market in Asia-Pacific is expected to be double by the end of the forecast period, further boosting the sales of free standing display units, in the region.

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North America and Western Europe are expected to create significant opportunities for free standing display units’ manufacturers owing to increased demand for free standing display units in furniture and textile applications. The demand for free standing display units for electronics and food and beverage applications in developing economies such as Brazil, Mexico in Latin America and Middle East will drive the revenue sales of free standing display units, in the region. Factors such as increase in sales of automobiles, metal products, clothing merchandise and wooden products, is expected to further stimulate the demand for the heat transfer films market globally.

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Dessert Packaging Boosting Market Growth with Innovative Preservation Styles

The global food market is diversified on a broader basis. In terms of dessert packaging, a lot of innovations are being put to get it properly stored. Intense care has to be given while packing desserts as it more likely to get spoiled by microbial activities that includes fungus.

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Adding to the profit of companies, desserts are majorly packed in glass jars, metal containers, paperboard boxes or plastic bowls. Premium ice cream companies have either collaborated or acquired other companies for better end results both in terms of taste and packaging. For instance, a sorbetto and gelato making company, Ciao Bella Gelato Co., Inc. has been acquired by High Road Craft Ice Cream, Inc. Company and plans to introduce the combined brand’s best-selling flavors with bold-colored paper packaging for retail and food service.

Asia Pacific to Observe Fast Growth Owing to High Consumer Demand

Owing to the rising population and increasing disposable income, the dessert packaging market is anticipated to grow rapidly. Dessert consuming list is usually topped by children and people above 55 years of age. On an average a person consumes dessert at least 2 to 3 times in a week. Manufacturers are experimenting new ways to preserve desserts for longer period of time and this is anticipated to drive the demand for dessert packaging market in the long run. Out of the major regions in the world, North America is expected to contribute highest revenue in the global dessert market. Apart from that, Asia Pacific is anticipated to be growing at a faster rate due to high consumer demand and increasing manufacturing facilities.

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However, due to rising health consciousness and switching of diet from rich and delicious to healthy meals, the dessert packaging market may face challenges. Apart from that, fluctuating prices of raw materials may also act as a restrain for the dessert packaging market.

Although there may be a few factors acting as a barrier for the dessert packaging industry but with innovative presentation techniques and common human attraction towards desserts may hold lucrative opportunities for the growth of the global dessert packaging market.

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Implementation and Adoption of Advanced Packaging Solution to be Beneficial for Growth of Advanced Packaging Technologies Market

The global advanced packaging market constitutes implementation of advanced technologies and design modifications to packaging solutions in order to enhance the effectiveness of conventional and traditional packaging formats. The global advanced packaging technologies market is segmented primarily as active packaging, smart & intelligent packaging, temperature controlled packaging and modified atmosphere packaging. 

In June 2017, Packaging and labelling equipment manufacturer Ossid, LLC launched the OTS -10 tabletop model for tray sealing applications that allows modified atmosphere packaging for meat products such as pork, chicken, beef and fresh products such as vegetables, and other fresh foods.

Smart and digital packaging technology provide functionality such as hydration reminders, prescription reminders, time and temperature (TTI) alerts, quality and freshness indicators, product information and updates, etc. Advanced packaging technologies have also benefitted industrial, transport and logistics sector apart from consumer packaging markets. Advanced packaging technologies such as temperature controlled containers allow storage and shipment of temperature sensitive products through extensive and complex supply chains in a cost effective way.

Research and development (R&D) conducted by multinational packaging companies in developing innovative packaging solutions is further anticipated to propel the market opportunities generated in the global advanced packaging technologies market.

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Which is the key region for global advanced packaging market?

The global advanced packaging market is geographically segmented into seven key regions including North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan

Which key players are operating in the global advanced packaging market?

Some of the players operating in the global advanced packaging technologies market include Amcor Limited, Ball Corporation, Bemis Company Inc., Graham Packaging Company, Constar International, Sysco Corporation, Sealed Air Corporation, Kuvee, Thermos Llc., Circadian Design, Inc., AdhereTech Inc., MyHydrate, Sonoco Thermosafe, Cold Chain Technologies, and Saeplast Americas Inc.

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High Demand for Better Packaging Material to Drive Growth of the Air Bags Packaging Market

Packaging plays an important role for attracting the customers towards the product offered by the manufacturers. Apart from that, packaging is also used for protection during transportation, identification as well as it aids to differentiate from the competitors’ products available in the market. Air bags packaging is one of the most popular packaging solutions adopted by food & beverages, pharmaceutical and electronics product manufacturer. The demand for air bags packaging is gaining traction, owing to its light weight and its flexible nature to pack different product forms in same pack format.

Which factors are propelling growth of the air bags packaging market?

Global air bags packaging market is primarily driving by the increasing growth in e commerce industry as air bags packaging is used widely preferred packaging solutions in the e commerce industry. Also, air bags packaging is anticipated to be driven by the growing demand of third party logistics across the globe.

Moreover, air bags packaging minimizes the shipping costs of the manufacturer owing to the property of its light weight. Air bags packaging is extensively used for packaging consumer durable products that in turn accelerates the demand of air bags packaging market during the forecast period. Furthermore, mounting growth of pharmaceutical industry is positively influencing the demand of air bags packaging market.

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Air bags packaging is used as packaging solution for automotive parts which is expected to further propel the growth of air bags packaging in the upcoming decade. Air bags packaging is also used in the beverages packaging especially for wine that is expected to intensify the growth of the market. Over the past few year, air bags is used as a packaging solution for industrial goods. But some government regulations regarding the usage of plastic can pose a challenge for the air bags packaging market. Manufacturers of air bags packaging are now using biodegradable plastic as an alternative material.

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Hexacomb Packaging Market is Experiencing High Growth due to its Effectiveness of Packaging Goods

Hexacomb packaging made stable progress over the last five years, and forecasted to grow at a high rate. A hexacomb packaging is a heavy paperboard which enables the safe transportation and storage of different type of products such as electronics, furniture, FMCG products etc. Hexacomb packaging is mainly used for protective packaging. The hexacomb packaging boxes can be of various sizes, shapes and can used for various application. Hexacomb packaging is easy to design and model according to the brand owners’ need.

Nowadays, growing ecommerce industry is accelerating the demand of hexacomb packaging. The packaging product which is used in ecommerce industry are designed in a way to protect the products from external environment, shock, vibration, and from other damaging effects during shipping and handling. Hexacomb packaging products are one of the effective packaging solutions that provide all the features related to high durability during transportation & storage and provide moisture, corrosion and shielding protection for sensitive products and components.

What are the key segments of the hexacomb packaging market?

The global hexacomb packaging market can be segmented on the basis of product type, function type, end use, and by region. On the basis of product type, hexacomb packaging market can be segmented into the container, cartons, boxes and others. On the basis of application type hexacomb packaging market can be segmented food & beverages, automotive goods, furniture, consumer goods, industrial goods and others. On the basis of function type hexacomb packaging can be segmented into cushioning, blocking & bracing, void-fill, insulation, and wrapping.

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What are poising the of the hexacomb packaging market?

The fulfillment of online sales will be the major driver of growth for hexacomb packaging market. There are other factors also which are supporting in healthy expansions of hexacomb packaging products such as protective mailers, air pillows, and bubble packaging. Among these air pillows will be the fastest growing hexacomb packaging products. Moreover, void-fill materials benefiting the hexacomb packaging market to gain advantages over other fill materials regarding cost-effectiveness and less material usage. Government regulation towards the use of plastic is expected to hamper the growth of hexacomb packaging market. Also, the high initial cost of hexacomb packaging material is considered as another restraining factor towards the growth of hexacomb packaging market.

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Growing Demand for Eco-Friendly Papers to Fuel Adoption of Virgin Paper in Numerous End Use Industries

The usage of recycled paper has largely been borne out of the globally increasing concern over the increasing rates of deforestation needed to produce enough paper for the world’s needs. Recycling of paper is also the prime reason for the steady drop in the overall demand for virgin paper, or paper that has been directly manufactured from trees and primary raw materials and has not involved the use of recycled paper. This is mostly regular paper made from freshly cut trees, commonly renamed as virgin paper. It should also be noted that the processing and manufacturing cost of virgin paper can be greater than that of recycled paper over time.

What are the factors limiting growth of the virgin paper packaging market?

The relative size of both markets and therefore the overall availability of high manufacturing capacities, virgin paper or regular paper is cheaper than recycled paper. In the coming years, however, the cost of each is expected to shift adversely due to the overall savings in critical resources that can be brought about by using recycled paper.

The current quality of virgin paper is also better than most types of recycled papers. Over time, this is expected to change due to increasing developments in manufacturing of quality recycled papers. At the same time, virgin papers are valuable in a large number of fields in packaging and personal hygiene, creating a greater focus on these areas by manufacturers of virgin paper.

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Which region is dominating the global market for virgin paper?

Geographically, the virgin paper packaging market can be segmented into five key regions North America, Asia-Pacific, Europe, Latin America and Middle East & Africa (MEA). Virgin paper packaging industry have been dominated by North America region higher disposable income among consumers. The Asia-Pacific and Europe are currently in the growth phase as the industries have started investing in these regions driven by China and India as the people have adopted to more eco-friendly ways and replaced plastic bags with paper bags, thus promoting the demand in the region. Latin America and MEA is also expected to have a growth phase over the years owing to growing environmental concerns.

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Metal Caps and Closures Market – Key Drivers Supporting Growth through 2026

Metal caps and closures are available in various diameters and closure types. Metal caps and closures offer stability and rigidity while conveying a superior product image. With a wide array of metal color decorating options metal caps and closures are a favorite choice for food & beverage industry. These closures provide a designed system capable of easy opening & dispensing. These design systems include tamper evident and child resistant packaging.

Child resistant metal caps and closures demand is driven by the need to comply with mandating child-resistant packaging of pharmaceuticals. Tamper evident design system of metal caps and closures prevent the undesired premature opening of bottles or containers. Metal caps and closures come with a plastic liners so that the content and the closure are never in contact with each other. Certain metal caps and closures have resistance to cracking in order to withstand excess torque during screwing (as in for screw caps) or other internal forces.

Metal caps and closures have wide variety of end use applications, beverage industry being the highest. Metal caps and closures are used in the packaging of beer, wine and spirits especially crown and screw caps. Among metal caps and closures, crown caps are versatile and are made of special metal which when paired with threaded bottle neck provides best fit. Crown caps are affordable, highly functional, easy handling, high speed of application and true tamper resistance.

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The most common metal caps and closures for glass and plastic bottles are screw caps. Screw caps are laid flat and wrapped around and naturally formed on the bottle making it the most secure to tamper proof and seal wine and spirits. The ability to decorate metal caps and closures with logos or other designs offers a tool for advertising the distinct brand, and in turn, boosts demand for metal caps and closures.

The metal caps and closures market was valued at US$ 8,976.5 Mn in 2017, and is forecast to expand at a CAGR of 4.1%, during the forecast period. Globally, there is a shift in preference for plastic bottles, and the glass bottles market might face turbulence during the forecast period, which might affect the metal caps and closures market.

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