Friday, 12 October 2018

Analysis and Assessment on Package Testing Services Market


Ensuring the safe transportation of goods to the end-consumers via complete supply chain from the manufacturers end to the consumer is of the crucial role of the packaging. Package testing services assure that the packaging can go through the extreme possible conditions such as road shocks and rough handling, and safely transport the end-product to the consumers. Package testing services include not only physical tests such as vibration and impact tests but also includes adhesive testing, child-resistant testing, food contact testing, sustainability testing, and many others.
Other than package testing services providing companies such as Smithers Pira and Westpak Inc., large packaging companies such as Nefab Group are have also participated in the global package testing services market. With the increasing focus of brand owners on the quality of the packaging, the package testing services market is projected to witness strong growth during the forecast period.
With the increasing adoption of package testing services owing to the reduced wastages leading to higher productivity. Moreover, various certification provided to the packages after going to the package testing services assures no only the brand owners, but also to the end consumers that the product to be received is not likely to be malfunctioned in the supply chain. The protection of the quality of the consumables such as food, beverage, and pharmaceuticals is of prime importance. Also, the rise in the end-user industries of package testing services has driven the package testing services market globally, which includes pharmaceuticals, food & beverage, personal care & cosmetics, chemicals and almost every other product development industry which require packaging for its products. Child resistant testing, suitability testing, food contact testing are some of the tests included in package testing services which are driven by the trends in the packaging industry.
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The adoption rate of package testing services is very high in the developed countries of North America and Western Europe, including Japan. While the package testing services market is in the emerging phase in the developing countries of Asia Pacific region. Western Europe region has developed package tests specific to the cosmetics industry, which are being adopted by the package testing services providing firms across the globe.
The key players of the package testing services market have targeted the emerging economies of Asia Pacific which are projected to witness strong growth in the packaging industry, specifically China and India. A large number of packaging companies in Western Europe and North America have included the package testing services in their facility, while the majority of the Asia Pacific packaging companies hire third-party package testing services.

Global Display Trays Market Growth is Expected to be Aided by Strong Growth in the Retail Sector

Display trays are point-of-purchase (POP) solutions designed to showcase and securely hold consumer products at retail stores. Display trays are mostly used for promotional marketing and are aimed at engaging consumers at point-of-purchase. A significant fraction of the display trays used these days are thermoformed. One of the key benefits of using display trays is brand flexibility – display trays are available in a variety of colors, materials and thicknesses, enabling brands to customize the trays as per the requirement and product type to be displayed. Other features which increase preference for display trays among brand owners is their durability and portability.
To create a positive impact on the minds of consumers, display trays are placed aside to make new products stand apart from the rest.  The transformation of the retail sector is expected to have a strong influence on the global display trays market. Prominence of market growth for display trays is however, expected to be more in the Asia Pacific and Latin America regions. Challenges posed by strong e-commerce growth across the globe could significantly hamper growth of the display trays market, during the forecast period.
Global Display Trays Market: Dynamics
The global display trays market growth is expected to be aided by strong growth in the retail sector, especially in the Asia Pacific region. Increased disposable income of people in the region has given them access to a wide range of products. Furthermore, many key countries in the Asia Pacific, including China and India, have witnessed rapid growth in the retail sector. As modern consumers actively screen-out products based on a number of parameters, there is an absolute need for retailers and brands to showcase their new products and variants at point-of-purchase.
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Apart from functioning as a marketing tool for retailers, display trays also provide ample protection from damage to the products on display. In today’s scenario, marketing and customer retention strategies of a brand go a long way in ensuring consumer loyalty. Also, product presentation is critical for marketing. Display trays are ideal to achieve the same. Manufacturers of display trays offer customized solutions, wherein, the focus is on requirement-specific design. A number of display trays’ manufacturers also have an in-house team that creates the design concept, which is then produced on a large scale.
Growing demand for personal care & cosmetic products, as well as growth in the number of food retail outlets, are other factors which are anticipated to boost demand for display trays across the globe. One of the key factors which are anticipated to become a hurdle to market growth for display trays is the increasing consumer acceptance for e-retail.

Child-resistant Blister Lidding Films Market Scope, Trends, Share, Research Insights by 2026

Child-resistant blister lidding films ultimately protect children against any type of harm. Various manufacturers have introduced child-resistant blister lidding films which can be easily accessed using targeted push-through motion in place of the traditional peel-push method. Child-resistant Blister Lidding films have aluminum foil lamination on blister packaging which promotes safety and security. Child-resistant blister lidding films reduce the total package size as they remove the peelable card. Though Child-resistant blister lidding films reduce the package size, they maintain product stability without compromising seal integrity and barrier layer of the package. Thus, the overall market of Child-resistant blister lidding films is projected to witness positive growth during the forecast period.
In the world of packaging, demand for effective packaging materials that offer better solution without compromising stability of a particular packaging is always omni-present. The development of child-resistant blister lidding films aiming to prevent the child from access to the medications or any other products which can considered as potential threats to child. This factor is expected to escalate the growth of the global Child-resistant blister lidding films market during the forecast period. The Child-resistant blister lidding films market is expected to grow against the backdrop of expansion of healthcare and other end-use industries demanding more effective child-resistant blister lidding films.
Child-resistant blister lidding films offer multiple advantages, such as excellent barrier against moisture, oxygen, light and gas and easy sealability, which makes them a preferable option in a variety of applications. Wide acceptability of Child-resistant resistance blister films, among end-use industries, such as pharmaceutical, electrical & electronics, food and other industries, will be a key factor driving the growth of the global Child-resistant blister lidding films market during the forecast period. Also, customized colors and printing options give child-resistant blister lidding films superior aesthetic finish. This feature will also provide an opportunity to manufacturers to promote their brand value.
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Asia Pacific excluding Japan is expected to witness high CAGR in Child-resistant blister lidding films market during the forecast period. The growth of the healthcare industry in this region is expected to drive the Child-resistant blister lidding films market during the forecast period. North America remains the largest market for Child-resistant blister lidding films and is projected to witness positive growth during the forecast period. The demand for child-resistant blister lidding films in this region can be attributed to high living standard and growing consumer awareness.

Global IV Bags Market to Exhibit 5.4% CAGR

The global market for IV bags features a largely fragmented and competitive vendor landscape owing to the presence of a large number of companies, observes Transparency Market Research in a recent report. Companies keen on expanding their consumer bases and gaining a larger hold on the market are focused on geographical expansion, strategic collaborations with promising regional companies, and R&D activities aimed at the development of new and more reliable product varieties.
Focus on the development of products made from environment friendly and biologically harmless materials has also increased as stringent environment-protection and patient safety norms keep rising in numbers across the globe. Some of the leading companies in the market are Haemotronic S.p.A, B.Braun Melsungen AG, Wipak Group, Baxter international Inc., Sippex, Renolit Solmed, and West Pharmaceutical Services Inc.
According to the report, the global IV bags market is expected to exhibit a promising 5.4% CAGR from 2017 to 2027, rising from a valuation of US$1,363.8 mn in 2017 to a revenue opportunity of US$2,316.5 mn by 2027. Based on material, the PP segment presently holds the dominant share in the market owing to the material’s non-reactive and inert nature. Geographically, the market in North America is presently the leading regional market in terms of growth prospects and revenue opportunity.
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One of thy growth drivers for the global IV bags market is the high use of injections for delivering drugs, liquid substances, and other nutritional products directly in the bodies of patients who have difficulties swallowing anything. The ease of use, easy availability, low costs, and availability in a variety of types based on materials and price ranges make IV bags one of the key components of parenteral nutrition procedures where these bags are often used to administer a variety of compounds such as amino acids to patients.

Top Insights on the Eco Friendly Bottles Market | TMR

Transparency Market Research (TMR) finds that the global eco friendly bottles market would grow at a CAGR of 8.1% over the period between 2017 and 2022. The global eco friendly bottles market was valued at US$2.5 bn in 2017 and is expected to touch a value of US$3.7 bn in 2022.
Promotional Campaigns and Eco-Drives to Bolster Market Demand
The accumulation of plastic waste as a result of years of unregulated manufacture of plastic bottles and cans has put a negative toll on the environment. The non-biodegradable nature of plastic waste along with the deterioration it causes to the soil has made it necessary to find a replacement for plastic bottles and other objects.
Hence, eco-friendly bottles have gained popularity across the globe, and this has given an impetus to the global eco friendly bottles market. Furthermore, the government has also been engaged in promoting the use of eco friendly bottles by launching promotional campaigns and environment conservation drives.
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The adoption of eco friendly bottles has been rapi across the US and Canada, and this has given a launch pad for the growth of the market in North America. Furthermore, the culture of the aforementioned countries is such that the people refrain from the usage of materials that could deteriorate the environment. Besides this, governments in these countries have formed separate bodies for the conservation and preservation of the environment. The market for eco-friendly packaging in Asia Pacific has also garnered attention because of the nascent shift in the propensities of the people from contempt to concern towards the environment.

Pet Food Packaging Market – Global Demand Analysis & Opportunity Outlook 2022

The global pet food packaging market is set to exhibit steady progress in the coming years due to the steady growth of the pet care sector in developed economies and the growing disposable income of pet owners. Pet food packaging has also become important for pet food manufacturers for branding purposes, making it likely to receive significant investment from key players in the pet food market in the coming years. The global pet food packaging market is set to be driven primarily by demand from developed regions in the coming years, though emerging countries such as Japan, China, Indonesia, India, Taiwan, Korea, and Australia could also make major contributions to the global pet food packaging market.
The global pet food packaging market is likely to be valued at US$8.3 bn by the end of 2017. The market is likely to exhibit a 5.2% CAGR from 2017 to 2022, enabling a strong rise to US$10.7 bn by 2022.
Rising demand for pet ownership in developed countries such as the U.S., Canada, the U.K., France, and Germany is likely to remain the leading driver for the global pet food packaging market in the coming years. Pet owners in developed countries are more aware about pet food quality and its impact on pet health, as well as being more affluent and able to purchase a wider variety of premium pet food.
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Developed regions such as North America and Europe are thus likely to remain the key geographical segments for the global pet food packaging market in the coming years, with the North America pet food packaging market likely to reach a valuation of US$3,472.5 mn by 2022 and the Europe market expected to rise to US$2,877.5 mn. The North America pet food packaging market was valued at US$2,688.9 mn in 2017, and is expected to exhibit a strong 5.2% CAGR over the 2017-2022 forecast period.
However, developing regions such as Asia Pacific except Japan are likely to emerge as promising contributors to the global pet food packaging market in the coming years due to the growing preference for pet ownership in urban centers in the region. The growing affluence of customers in Southeast Asia and Australia has also helped the pet food packaging market in the region. The APEJ market for pet food packaging market is set to exhibit the highest 6.2% CAGR over the 2017-2022 forecast period to emerge with a valuation of US$1,974 mn by 2022.

Molded Fiber Clamshell and Container Market – Company Analysis, SWOT, Marketing Strategy

The global molded fiber clamshell and container market has become a key part of the packaging sector in recent years due to their benefits such as cheap costs compared to traditional alternatives, light weight, and environmentally sustainable composition. The molded fiber clamshell and container market is thus set for rapid growth over the 2017-2022 forecast period due to steady growth of the packaging industry to satisfy the demands of a growing set of end use industries.
Europe is likely to be a key region for the global molded fiber clamshell and container market, with the region set to occupy a dominant share in the global market through the 2017-2022 forecast period. Asia Pacific except Japan is also likely to play a key role in the global molded fiber clamshell and container market over the 2017-2022 forecast period due to growing demand from the region’s emerging economies.
According to Transparency Market Research, the global molded fiber clamshell and container market is likely to reach a valuation of more than US$2 bn by the end of 2017, with the market expected to further rise to more than US$2.7 bn by the end of 2022.
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The rising demand for molded fiber clamshells and containers from the food and beverage industry is likely to be a major growth driver for the market over the coming years. The food and beverage industry has become a leading end user of the packaging industry in recent years due to the rapid globalization of the industry, leading to growing demand for long-distance shipping of fresh foods. The growing consumption of fresh fruits, vegetables, and eggs is likely to remain a vital driver for the global molded fiber clamshell and container market over the coming years. Such foods have become popular among urban consumers, who are becoming increasingly aware about the importance of a healthy diet. This is likely to be a vital driver for the global molded fiber clamshell and container market over the coming years, as urban retail sales channels have embraced the use of molded fiber clamshells and containers.

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 ...