Food Packaging Segment is Expected to Maintain its Dominance in the Rigid Paper Containers Market During 2018–2026: TMR

Transparency Market Research delivers the key insights on the rigid paper containers market in its published report, titled “Global Rigid Paper Containers Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global rigid paper containers market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

Rigid paper containers include packaging solutions such as corrugated & paperboard boxes, tubes, trays, and liquid cartons. Packaging in rigid paper containers enhances the aesthetic appeal of the packaged products, which has made rigid paper containers an integral part of the retail industry. Rigid paper containers are used for heavy-duty shipping applications as well as customized luxury packaging. The boxes segment is expected to have a significant share in the rigid paper containers market.

Boxes can either be made of containerboard or paperboard. Boxes made with the help of containerboards are known as corrugated boxes. These rigid paper containers are most suited for heavy-duty applications while that made of paperboard cater to a variety of applications including cereal boxes, and liquid cartons, among others. The penetration of corrugated boxes is much more than that of paperboard in the global rigid paper containers market. The corrugated boxes segment is projected to expand at a CAGR of 5.3% during the forecast period.

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The demand for corrugated packaging in the rigid paper containers market is at its peak, owing to the thriving e-commerce industry. This is further projected to drive the growth of the global rigid paper containers market. Manufacturers are using corrugated boxes to ensure minimal damage to the packaged product during transiting and storage, which has resulted in increased consumption of rigid paper containers in the automotive sector. As the trend of on-the-go food & beverages is gaining traction, the demand for trays and clamshells has seen a meteoric increase in the North America and Europe rigid paper containers markets, owing to the urban and fast-paced lifestyle.

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Qualitative Insights on Expansion of Packaging Machinery Market for 2018 to 2026 Period

In their latest report titled – “Packaging Machinery Market – Global Industry, Size, Share, Growth, Trends and Forecast, 2018–2026”, Transparency Market Research (TMR) delivers key insights on the consumption of variety of packaging machines used in different end uses and applications. According to TMR, the global packaging machinery market is projected to clock a CAGR of 5.8%, during 2018-26, which is attributed to several factors, on which, the report provided thorough insights and forecast. The Asia Pacific Packaging Machinery is expected to witness highest CAGR value of 7.8%, during forecast period.

A market research study on global packaging machinery market which includes market assessment of different product types i.e. Bottling Line, Cartoning Machines, Case Handling Machines, Closing Machines, Filling and Dosing Machines, Form, Fill, and Seal Machines, Labelling, Decorating, and Coding Machines, Palletizing & De-palletizing Machines, Wrapping & Bundling Machines, and Other Machinery.

TMR suggests that the increasing consumption of packaged food & beverages products is expected to be the key driving force for the growth of packaging machinery globally. Beverage producers are looking to invest in advancement of their existing production processes through sophisticated and automatic packaging machinery. Bottling line machine witness decent growth due to integration of different bottling processes in a single system. Form fill seal machines market is also expected to grow substantially due to end-users companies’ orientation towards process integration.

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In food & beverages segment, ready-to-eat-meals segment is expected to create highest incremental $ opportunity during the forecast period. Also, introduction of new packaging products is expected to generate demand for customized packaging machinery in the global market. In beverages end-use segment, non-alcoholic beverages sub-segment is expected to witness a CAGR value of 5.8%, during 2018-2026. On the basis of packaging technology, general packaging technology segment occupies the top spot due to wide range of machinery offering general packaging technologies.

Some of the restraints present in the market is the availability of cheap labour in emerging market which hampers the growth in the developed countries. For eg. Chinese manufacturers incur low labour cost on their machinery production and in turn pass low prices to their customers. Manufacturers in Germany and Italy offer sophisticated and highly advanced packaging machinery at higher costs. Both of these countries are expected to dominate the space in terms of production highly advanced packaging machinery globally.

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Composite Cans Market Analysis: Maximum of the Revenue to be generated by the Spiral Winding Segment in 2018

Transparency Market Research delivers key insights on the Composite Cans Market in its published report, titled “Global Composite Cans Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global Composite Cans market is estimated to expand at a CAGR of 5.2% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

A Composite Can is a cylindrical paper tube that usually has a body made of several layers of paper and the bases or ends made of metal or plastic. A Composite Can is also sometimes called a Combi container. Composite cans are composed of a body, a bottom closure, and a top closure. There are four main structures in the body of a Composite Can: the aluminum inner web, multipole intermediate webs, and the label web, and the membrane. The base of the composite can is made of metal, plastic and paper board. Composite Cans are used in packaging of every day house hold items such as, drinks, spices & condiments, nuts, tea and coffee etc. Composite cans come in different forms including aluminum membranes with tear tab, paper membranes with or without aluminum coating, paperboard ends and paperboard shakers among others.

Variety of closure options are available including, caps, lids and membranes. Tear-off membranes are found to be popular among consumers as it provides consumer convenience for easy opening of the composite can. Composite cans are made using three production techniques such as spiral winding, convolute winding and linear draw. Composite can manufacturers prefer spiral winding process as it is cheaper than convolute winding method and produces composite cans that have good rigidity and strength. Spiral winding production technique is projected to expand at a CAGR of 5.9%.

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According to TMR analysis, composite cans are a replacement for metal cans. Composite cans are widely used packages on grocery store shelves. Composite cans are used for various food and non-food applications offering numerous sizes and barrier options to meet the consumer’s demand. The easy open ends allow companies to produce unique packages that stand out in the retail store. Composite cans are highly used for granular and powdered products. Composite cans are lighter in weight as compare to metal and are impeccable choice for consumers. Metal cans account for the highest share in beverage packaging, however now the manufactures are coming up with composite can packaging fir beverage. Composite cans offer barrier protection to keep the freshness and aroma of the food stuffs intact. Barrier coatings are applied to the composite can depending upon the product filled inside. Aluminum foil liner are mostly used for food packaging.

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Kraft Paper Market Analysis: Growing Customization is increasing demand for Specialty Kraft Paper Segment

Transparency Market Research delivers key insights on the Kraft Paper Market in its published report, titled “Global Kraft Paper Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global Kraft Paper market is estimated to expand at a CAGR of 3.9% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Wrapping paper is used for a variety of packaging options, Kraft paper being one of its types. Kraft paper is made from Kraft pulping process which uses softwood fibers for manufacturing. Softwood fibers provide Kraft paper more strength as well as flexibility. Kraft paper is dull as compared to other papers, as it is manufactured from chemical (Kraft) pulping. However, its properties in terms of brightness can be improved by bleaching process. Kraft paper is used in various applications which includes wrapping, pouches, sacks, open mouth valves to handle consumer goods and others. Kraft paper packaging is convenient and has less impact on environment. Kraft paper is also available in textured from to use it in cans & carton manufacturing.

Out of total paper & paperboard production, packaging paper accounts for more than half of the share. The Kraft pulping technology is preferred in making wrapping paper, and other packaging solutions. The simplified process and easy waste recovery of Kraft pulping is driving the growth in use of Kraft paper globally. The ease of handling and need for minimal packaging is boosting the growth of Kraft paper bags & pouches. Re-usability and recyclability of Kraft paper is stimulating the global Kraft paper market. Heavy duty bags and sacks made from Kraft paper are used for industrial purpose and have good compression handling capacity. Powdered material and other chemicals are stored in large sack Kraft paper bags

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According to TMR analysis, Kraft paper are replacements for plastic films & packaging. Kraft paper packages are used by retailers and brand owners for consumer convenience. Innovations in Kraft paper packaging solutions are replacing plastic based packaging solutions. Printability of bleached Kraft paper allows companies to print their taglines and product details easily. Customization trend and effective packages is enhancing the demand for specialty Kraft paper, which eventually is converted into bags and pouches for consumer friendly solutions.

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Isotropic PET Film Market Driven by the Growth of the Food & Beverages Industry

Isotropic PET film is primarily used for lidding applications. The food & beverages industry uses isotropic PET films for the packaging of food products to keep it long-lasting and safe. Isotropic PET film is also known as a biaxially oriented polyester film. Isotropic PET film has desirable features such as superior thermal stability, crack resistance, gloss and medium barrier. Ice cream products are packaged into the isotropic PET film due to its thermal stability property. Isotropic PET films are transparent and glossy, owing to which it provides the feature of shelf presentation and consumer can also see the product before buying it. The manufacturing of isotropic PET film depends on the basis of need of packaging and product. The long-lasting feature of isotropic PET film is helping to sell and keep products for the long time without worrying about the condition of products in packages.

The growth of the isotropic PET films market depends upon the growth of the food & beverages industry. The food and beverages industry uses isotropic PET films for the lidding of trays or cups. The end-users are using the different type of isotropic PET films such as Polystyrene (PS), Polypropylene (PP), Polyethylene Terephthalate (PET), polyethylene (PE). The popularity of isotropic PET film is expected to increases in the packaging of the food & beverages industry during the forecast period. Chemical, pharmaceutical, cosmetics, and personal care manufacturer are also accepting isotropic PET film lidding for packaging their product, due to its properties superior as of other isotropic films. The aluminum film is the alternative for isotropic PET film which is retraining the demand of isotropic PET film. Demand for isotropic PET film is increased due to the development & research initiated by key manufacturers of isotropic PET film.

APEJ is the largest market for isotropic PET films and estimated to become first in the rank by the end of the forecast period. In APEJ region, China & India are leading manufacturer and consumer of isotropic PET film. The reason behind the growth of APEJ isotropic PET film market is increased purchasing power of individuals and growth of food service industries. North America is the second largest market for the isotropic PET films. US is the first position in the rank of leading market of isotropic PET films by considering the country wise consumption of films. Western Europe is the third largest market in the global isotropic PET film.

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The countries such as Spain, France & Germany are expected to fast pacing food & beverages market, which creates a great opportunity for European isotropic PET film market. The Latin America and the Middle East & Africa isotropic PET film market are expected to witness a rise during the forecast period. Russia is playing the key role in the growth of isotropic PET film market due to the increased consumption of packaged food. In the global country wise ranking of isotropic PET films market, Japan is ranked in the top 10 consumers of isotropic PET film.

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Returnable Equipment Racks Packaging Market – New Investments Expected to boost the Demand by 2026

Returnable Equipment Racks Packaging offers numerous advantages over traditional wooden pallets and creates. Returnable Equipment Racks Packaging or reusable racks packaging are an alternative to the traditional wooden pallets. Unlike wood, which is designed for single use, the returnable equipment racks packaging can be used again and again. People can use these returnable equipment racks packaging for shipping and have them sent back, either loaded up or empty, once they have reached their destination. Companies use returnable equipment racks packaging in situations here money is the priority.

The returnable equipment racks packaging is functional enough to serve as a storage rack for the items and it is durable and keeps products safe during shipping.  The returnable equipment racks packaging is reliable as it can be shipped back and used again and again. The returnable equipment racks packaging is economic when a vital equipment is being shipped back and forth or to and from, returnable equipment racks packaging is also used as a standard shipping rack used between manufacturers and distributors. Dunnage are used to fill in the racks to prevent product damage.

Global Returnable Equipment Racks Packaging Market: Dynamics

Companies searching for strategies that keep the integrity of packaging and quality of the delivery in line with the budget, wire returnable equipment racks packaging works perfect.  Returnable equipment racks packaging is stackable and even collapsible which help maximize space on a trailer reducing shipping costs. Wire returnable equipment racks packaging is environment friendly. Returnable equipment racks packaging is used in loop operations eliminating the need of cardboard boxes and stretch wrap which saves money and waste. Manufacturers today are adopting returnable packaging that offers strong exterior packaging solutions and the companies enjoy lower cost-per-trip and a rapid return on their investment, providing efficient distribution, handling and storage of products.

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Returnable equipment racks packaging can accommodate multiple dunnage systems including rubber, vinyl, polyurethane, polyurea, HDPE, stainless steel and others. Elimination of waste is one of the greatest advantages to use Returnable equipment racks packaging. These factors are expected to drive the Returnable equipment racks packaging market. Companies offer customized returnable equipment racks packaging which are environment friendly, especially compared wooden pallets and crates that break down easily. Easy stack ability and collapsibility of the returnable racks fuels the returnable equipment racks packaging.

North America holds the largest share in the global Returnable Equipment Racks Packaging market.  As the U.S exports a lot of its manufactured products worldwide, companies in the region have adopted returnable equipment racks packaging. B to B companies are focusing on reducing shipping costs and prefer to use returnable equipment racks packaging. After North America, Europe holds a large export and import market.

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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.

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