Tuesday, 25 September 2018

Alcohol Packaging Market – Beer Packaging Materials to Remain in High Demand as the Beverage Continues to be Affordable

  September 25, 2018    No comments
Transparency Market Research states that the global alcohol packaging market is highly fragmented due to consistent entry of several regional players. To stay ahead of the competition, players are introducing innovative methods of packaging that are not only attractive but also eco-friendly. Some of the prominent companies in the global market are expected to focus on acquisition, new product launches, and expansion to newer markets to improve their revenue. Amcor, Ball, Owens-Illinois, and Tetra Laval are the key players defining the competitive landscape of the global alcohol packaging market.
According to the research report, the global alcohol packaging market was worth US$40,009.2 mn in 2017 and is expected to be worth US$57,746.9 mn by the end of 2025. Out of the packaging type, the primary method of packaging is likely to drive the global market in the coming years as it is slated to account for a share of 80% in the overall market.
The global alcohol packaging market is predominantly being driven the rapid pace of urbanization in various parts of the world. The rising disposable income amongst the urban dwellers has made a significant contribution to the soaring profits of the global alcohol packaging market. Furthermore, changing lifestyles and growing consumerism is expected to play an integral role in the development of the global market. Introduction of unconventional packaging methods and development of better materials are also projected to be key drivers of the global market.
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Improving branding and marketing strategies has prompted several alcohol manufacturers to invest in packaging alcohol. Packaging formats have become synonymous with brand identification in the alcohol industry, which is expected to bring in a rise in the expenditure on alcohol packaging in the near future. Design and development of sustainable packaging solutions is expected be the global market a solid boost in the forthcoming years.
Analysts anticipate that pouch packaging will gain traction in the near future as it a convenient and lightweight to carry. The report observes that demand for sustainable pouch packages will be an emerging trend in the global market. It will be wise to capitalize on this trend as prices of plastic resins and paper pulp are slated to rise, thereby impacting the cost of packaging.
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Global Aluminum Foil Packaging Market to Exhibit 4.8% CAGR, Increased Demand for Lightweight Packaging Material to Drives Growth

  September 25, 2018    No comments
According to the report, the global aluminum foil packaging market will exhibit a 4.8% CAGR from 2017 to 2025, rising from a valuation of US$20.8 bn in 2016 to a revenue opportunity of US$31.5 bn by 2025.
Asia Pacific Market to Flourish as Packaged Foods Gain Increased Uptake
Based on thickness, the segment of 0.09 mm to 0.2 mm serves the dominant share of demand and is likely to expand at the most prominent CAGR over the forecast period as well. In terms of type, the segment of unprinted foil serves a notably larger share of demand as compared to the segment of printed foils. Geographically, the market in Asia Pacific is presently the most lucrative regional market and is likely to remain so over the forecast period as well. The key factors driving the Asia Pacific aluminum foil packaging market include the high population, a thriving food and beverages industry, and increased uptake of packaged foods and beverages across emerging economies.
Increased Demand for Packaged Foods to Drive Market
The increased demand for convenience packaging and the steadily rising demand for packaging products capable of extending the shelf life of packaged foods globally are some of the most crucial factors driving the global aluminum foil packaging market. The high use of aluminum foils in flexible packaging solutions is also a key factor driving its demand.
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Moreover, high barrier properties, light weight, and recyclable nature also increase improve the suitability of aluminum foil, making it application for a vast set of application areas. Over the next few years, the market is likely to gain notable traction owing to rising demand from the sectors of processed foods and ready-to-eat meals.
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Folding Cartons Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

  September 25, 2018    No comments
The global folding cartons market is prophesied in a report by Transparency Market Research (TMR) finds highly competitive owing to presence of several vendors. Owing to these intense competition, they are offering products with better design, prices, product innovation, and quality. Growing competition among global and regional players are expected to intensify in the upcoming years. Some of the key players operating in the folding cartons market includes Westrock Company, Amcor Limited, Huhtamaki Oyi, Sonoco Products Company, KapStone Paper and Packaging Corp., Georgia-Pacific LLC, AR Packaging Group AB, Mayr-Melnhof Karton AG, Rengo Co. Ltd., and Stora Enso Oyi.
TMR predicts, the global folding cartons market to grow at a CAGR of 4.7% over the forecast period of 2017 to 2025. In terms of value, in 2017, the global market for folding cartons was estimated at US$57,692.1 mn. In terms of volume, the market is expected to consume 29,036,000 tonnes by the end of 2025.
High Adoption from Food and Beverage Industry to be Beneficial for the Market
Folding cartons are made out of laminated, printed paperboard that are folded and glued for making cartons to transport. The material is higher grade and light weight with solid sulfate board. Changing lifestyle and eating habits are bolstering growth of packaged food industry. Owing to these factors, adoption of the cartons across food industry for packing purposes is increasing. This factor is primarily driving growth of the market.
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Manufacturing industries are increasingly focusing to develop advance products, they are highly investing in the research and development activities. The advancements such as supporting to multiple printers, leads to print on QR codes, holographic images, and 3D devices. These advancements makes them smart packaging owing to them the food and packaging is adopting the cartons. These factors are propelling growth of the global folding cartons market for forecast period. However, availability of substitutes and low strength of folding cartons are crimping the growth of the global folding cartons market.
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Retort Packaging Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

  September 25, 2018    No comments
A recent business intelligence study done at Transparency Market Research (TMR) has foreseen that the future of the retort packaging market belongs to the development of ecofriendly products. And, this trend has been already seeped into R&D practices of several major players who are aspiring greater shares in the packaging industry. The analyst of the report has detected that the shares in the global retort packaging are distributed among a large pool of players. However, a few companies such as Amcor Limited, Mondi Group, Bemis Company, Inc., Sonoco Products, and Sealed Air Corporation do hold slightly stronger positions, which is a reflection of their robust supply network across regions and constant strive for innovation.
Going forward, most of the major companies in the retort packaging market are expected align their product portfolio in sync with changing demand from the food industry. For instance, Amcor Limited offers products such as AluFix Retort Classic for non-demanding applications including meat and pâtés; Retort Pro for demanding applications including ready meals, fish salads, and olives; and AluFix Retort Xtra for aggressive applications including chili tuna salads, tomato puree and sauce, and fish in white wine. On the other hand, Mondi Group has a strong presence in the European region on the back of its retort pouches that are lightweight and strong in appearance, enabling easy transportation and impression.
If the projections of the TMR report are to be believed, the demand in the global retort packaging market will proliferate at a healthy CAGR of 7.45% during the forecast period of 2017 to 2024. Volume-wise, the report has estimated a demand for 72,492 mn units by the end of 2024, which in turn would reflect a revenue of US$24,706.0 mn.
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Based on product type, the report segments the retort packaging market into trays, cartons, pouches, and others. The pouches segment has been further sub-segmented into gusseted pouches, spouted pouches, back-seal quad, and stand-up pouches.
On the basis of material type, the market for retort packaging has been bifurcated into cast polypropylene, nylon (Bi-oriented polyamide), polyester (PET), polyethylene (PE), aluminum foil, paper and paperboard, and others including PVC and PVDC. Application-wise, the retort packaging market has been categorized into food including soups and sauces, baby food, pet food, sea food, ready to eat meals, and others, beverages, and pharmaceuticals. The market has also been classified based on type of form, into semi rigid, rigid, and flexible. Geographically, Asia Pacific is anticipated to overtake as the most lucrative region towards the end of 2024, producing more demand for retort packaging than other prominent regions of Europe and North America.
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Edible Packaging Market – Handful of Players Holding Major Shares

  September 25, 2018    No comments
According to a recent business intelligence report by Transparency Market Research (TMR), the demand in the global edible packaging market will increment at a notable CAGR of 6.9% during the forecast period of 2016 to 2024. In terms of revenue, the analyst of the TMR report has estimated the opportunities in the edible packaging market, across the world, to translate into US$1.30 billion by the end of 2024, swelling up substantially from its evaluated worth US$0.77 billion as of 2016.
The TMR report notifies of a fairly opportune competitive landscape in the edible packaging market, with only a handful of players venturing into this relatively niche segment of the packaging industry as a whole. Currently, the shares are significantly consolidated within a small group of players such as JRF Technology LLC, Tate and Lyle Plc., MonoSol, and WikiCell Designs Inc. These players are among the pioneers in the field and are expected to retain their prominence with consistent emphasis on research and development.
However, some of the other major players from similar fields with financial might are expected to make a foray into this lucrative market for edible packaging and eat into the global shares. The threat from local and domestic vendors is expected to be moderate to negligible over the course of the aforementioned forecast period.
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Based on material type, the edible packaging market has been segmented into surfactants, polysaccharides, composite films, and protein films. End user industries studied under this report for their potential of demand are pharmaceutical and food and beverage producers, who have been further sub-segmented into dairy products, baby food, cakes and confectionery, and fresh food.
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Global Pulp Market to Become Worth US$60 bn by 2026-end Owing to Stiff Competition

  September 25, 2018    No comments
Competition is stiff in the global pulp market because of the presence of numerous players. In order to up the ante against their rivals, the companies are seen focusing on better products and competitive pricing – two things necessary to grow sales. Bigger, deep-pocketed players are also banking upon expansion strategies to grow their footprints and improve sales. They are also entering into long-term contracts with users for that matter.
Leveraging such strategies, some of the players that have come to hold a prominent position in the global pulp market are Rayonier Advanced Materials, Nippon Paper Group, Packaging Corporation of America, UPM-Kymmene, and Oji Paper.
Transparency Market Research’s report on the global pulp market finds that it would rise steadily at a CAGR of 3.7% from 2017 to 2026 to become worth US$60,000 mn by 2026-end.
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There are different grades of pulp available in the market these days. Of them, the chemical wood pulp is seeing rising uptake in various applications, particularly in the manufacture of high-quality paper. From a geographical standpoint, the global pulp market is led by Asia Pacific except Japan which holds an outsize market share. A surging demand for paper-based products has pushed up demand for pulp production in the region.
Demand for Sustainable packaging Bodes Well for Global Pulp Market
High demand for sustainable packaging solutions that involve lightweight, smaller, and recyclable materials, has provided a major boost to the global pulp market. Thrust on better packaging and logistical solutions has also enabled the market to progress. Elaborates the lead analyst of our report, “Pulp finds major application in producing both primary and secondary packaging materials owing to its high protective cushioning properties and affordability. Reprocessing of pulp along with its biodegradable offerings is generating more opportunities in the market.”
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Thermoform Packaging Market – North America and Asia Pacific Most Lucrative Regions

  September 25, 2018    No comments
The global market for thermoform packaging is competitive in nature with a high level of fragmentation and is expected to remain in the similar scenario in the next few years, states a new market research study by Transparency Market Research. The increasing number of applications and the growing focus of the key players on innovations are projected to accelerate the growth of the overall market in the next few years. In addition to this, the rising number of research and development activities is estimated to enhance the market penetration for the market players and further support the growth of the market in the near future.
The increasing mergers and acquisitions is further predicted to offer growth opportunities in the near future. Some of the key players operating in the thermoform packaging market across the globe are Bemis Company, Inc., Display Pack Inc., D&W FINE PACK, HUHTAMAKI GROUP, Sonoco Products Company., Anchor Packaging, Inc., Tray-Pak Corporation, Amcor Limited, and PACTIV LLC.
As per the market research study by Transparency Market Research, in 2017, the global market for thermoform packaging was worth US$38,603.9 mn and is likely to reach a value of US$57,615.9 mn by the end of 2024. The market is estimated to register a healthy 5.90% CAGR between 2017 and 2024.
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The global market for thermoform packaging has been categorized on the basis of geography among which, North America is holding a large share of the market and is projected to remain in the leading position in the next few years. The presence of several leading players is estimated to enhance the growth of the market in the near future. On the other hand, Asia Pacific is likely to exhibit a high growth rate in the next few years, thanks to the rising contribution from India, China, and South Korea. In addition to this, the growing demand for thermoform packaging from the food and beverages sector and the rising urban population are further projected to encourage the growth of the market in the near future.
The global thermoform packaging market has been categorized on the basis of packaging type into blister, clamshell, skin, cups, and tubs. Among these, the blister segment is expected to lead the global thermoform packaging market with a large share in the next few years. The rising use of this packaging in the pharmaceutical industry is one of the key factors that is estimated to encourage the growth of this segment in the next few years. Furthermore, advancements in the technology is projected to support the growth throughout the forecast period.
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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 ...