Cellular Plastic Sheet, Plate and Film Market – New Investments Expected to boost the Demand by 2024

Global cellular plastic sheet, plate and film market is primarily driven by strong demand from various application sectors. The widespread use of cellular plastic sheet, plate and film in automotive sector is a major driving factor. The rapidly increasing use cellular plastic sheet, plate and film in construction especially in developing economies is a major driving factor for the cellular plastic sheet, plate and film market. The growing expenditure on furniture and decorative articles is also a promising factor for the growth of cellular plastic sheet, plate and film market. The use cellular plastic sheet, plate and film in defense is also forecasted to drive the cellular plastic sheet, plate and film market.

On the other hand growing concerns towards plastic waste and problems associated with its decay is assumed to be the major restraining factor in the growth of cellular plastic sheet, plate and film market. The stringent government laws and standards is also expected to restrain the growth of the cellular plastic sheet, plate and film market.

The opportunity for cellular plastic sheet, plate and film market lies in development of eco-friendly and easily degradable products. The companies have huge opportunity in developing advance cellular plastic sheet, plate and film products which can be easily processed as well as reused. Finding new application sectors especially in automotive, construction and domestic application sectors is estimated to be the major opportunity for cellular plastic sheet, plate and film market.

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The global cellular plastic sheet, plate and film market is segmented based on type, material type, application and geography. On the basis of type global cellular plastic sheet, plate and film market can be segmented into sheet, plate, film, slabs or blocks, boards and others. On the basis of material type the global cellular plastic sheet, plate and film market is segmented into polyurethane, polyethylene, polypropylene, polystyrene (XPS, EPS), PVC, melamine resin and others. On the basis of application the cellular plastic sheet, plate and film market is segmented into Transportation, Construction, Defense, Aerospace manufacturing sector and others.

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Tobacco Packaging Market boosting the growth through 2023

The demand for tobacco packaging is driven by increased global cigarette production. Increased population and per capita income in developing countries has resulted in changing lifestyles, increased workload, and stress especially in urban areas. To manage stress and weight issues, people are getting inclined towards the use of stimulants and anti-depressants, cigarettes being one of them. Furthermore, cigarettes have become a huge attraction amongst the youth population which has also led to an increase in its consumption. Currently, different production technologies are being used for tobacco packaging including hot-foil stamping and rotogravure & offset printing. However, tobacco is a highly carcinogenic substance.

Consumption of tobacco products can lead to mouth cancer and respiratory disorders. Increased consumer awareness and regulations imposed by the World Health Organisation (W.H.O.) might hinder the growth of tobacco packaging market. Currently, to reduce the ill effects of tobacco, it is now been mixed along with cloves and green tea leaves to produce herbal cigarettes.

In terms of the global demand, Asia Pacific is expected to show the fastest growth in tobacco packaging market followed by rest of the world regions, by 2020. China is currently the largest tobacco & cigarette manufacturer as well as exporter. Owing to a continuous increase in cigarette consumption, China is likely to lead the international markets by the end of forecast period.

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The other Asia Pacific countries including India, Japan and South Korea are anticipated to show a similar scenario by 2020. Considering rest of the world region, the Middle East is likely to show an increased demand for tobacco packaging by the end of forecast period, due to traditional use of shishas or water pipes. The economies of countries such as Brazil and Zimbabwe are currently dependent on tobacco production. Hence, these countries are estimated to show a steadfast growth in demand for tobacco production, packaging and exporting by 2020.

Europe is currently one of the leading cigarette exporters, wherein Germany and France are top cigarette manufacturing countries. However, due to the present situation of economic slowdown and heavy government taxations & regulations, a decline in demand for tobacco packaging is anticipated over the coming years. Considering North America region, an overall decreased rate in domestic cigarette consumption has occurred over the past few years. Thus, a stagnant growth in demand for tobacco packaging is expected by 2020.

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Food Packaging Market – Latest Trends and Key Drivers Supporting Growth through 2023

Food packaging market is arguably the biggest application segment of the packaging sector and accounts for over one-third of the total global packaging market. From an international perspective, the market for food packaging is at an intriguing stage where the market has reached at a stagnant point the developed nations while evolving nations are fast catching up to the newer technologies and supply chain management.

Good food packaging offers protection and can improve the shelf-life of products which consequently attracts more number of customers. The market for food packaging is expected to grow in the coming years as numerous production facilities are being set up to catch up with the latest trends coming up in the market. Also, world is experiencing rapid changes in lifestyle and food preferences that are coupled with growing population and economic growth of the respective region. All these factors have been influential in shaping up the global food packaging market. In addition to this, people are preferring processed food as result of shifting population dynamics from rural to urban areas.

With rising awareness about environmental pollution and global warming, more people are not preferring to use eco-friendly food packaging techniques. This has created a significant impact on the growth of the global food packaging market. Moreover, rising disposable incomes of the people around the world, growing demand for ready-to-eat food, and rising awareness about the packaged food among the customers complement the development of the global food packaging market.

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Food packaging market is by far the largest application segment of the packaging industry, accounting for more than one-third of the global packaging market. From a global perspective, the food packaging market is at a very interesting situation, where the market has almost reached a plateau in terms of technology in the more developed nations in North America and Europe, while the emerging countries of Asia Pacific region are playing catch up to the packaging technologies and food supply chain management. Different types of food products require varied packaging types according to their individual usage and perishability.

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Tube Packaging Market – New Investments Expected to boost the Demand by 2023

Some of the key driving factors for tube packaging market are significant growth in packaging industries coupled with innovative packaging and excellent barrier properties and trending mindset of end-users towards sustainable packaging among others. Moreover, this packaging technique has a wide range of application areas in different segments of industry which increases scope of its applications. In addition, there are other geographical drivers which are also responsible for the growth of the market.

However, due to presence of large number of manufacturers, the global tube packaging market is witnessing intense competition. Hence, in order to ensure proper growth in the market, major players are likely to adopt certain key strategies in the future, such as mergers and acquisitions, partnerships and expansions among others. Global economic meltdown and packaging raw material price volatility are two major restraints for tube packaging industry.

Global tube packaging market can be broadly classified into different segments based upon materials, applications, product and geography. By material type, this market is segmented into laminated tubes, aluminium tubes, plastic tubes and others. Laminated tubes have excellent barrier property and thus will drive the global tube packaging market even further in the future. There are different application areas of tube packaging, such as cosmetics and oral care, food and beverages, pharmaceuticals and consumer goods.

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The cosmetics and oral care segment is anticipated to witness huge growth in the future due to improved lifestyle globally, followed by pharmaceutical segment. In terms of product types, the market for global tube packaging is further classified into squeeze tubes, twist tubes and others. Increasing demand for convenient packaging is likely to drive the market for squeeze tubes.

The global tube packaging market is significantly large in Europe and North America, majorly due to increasing per capita income and consumer spending. Currently, Europe is dominating the market in terms of revenue. Moreover, Asia Pacific is expected to be the fastest growing segment. The key factors attributed to the demand for sustainable and innovative packaging in emerging economies, such as China and India among others. Moreover, there has been remarkable transition of end-users’s preference from traditional packaging to innovative packaging in parts of Middle East and Africa, which is eventually helping the market to develop even further in the future.

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Industrial Labels Market boosting the growth through 2024

Industrial labels help manufacturers to keep a proper track of products along the entire supply chain. Industrial labels are increasingly finding application in various industries that lets customers know about product specifications, identification of brand, and also give the products an aesthetic look. Demand for durable industrial labels is further pushing market players to produce such labels on a larger scale.

Various advancements in labeling technology and socio-economic changes among consumers have encouraged label manufacturers to design, produce, and introduce specific and customized labels that meet specific requirements of product manufacturers. Development of new techniques such as digitalized printing, RFID labeling etc. is helping this industry grow at a faster rate. Due to these factors, the industrial labels market is expected to account for significantly high revenue over forecast period 2016–2024.

High capital expenditure is required for setting up a labeling system. This aspect often makes manufacturers a little hesitant to invest in this technology.

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By mechanism, the market is categorized into pressure sensitive, in-mold, glue-applied, heat-shrink, and others. By end-use industry, the industrial labels market is categorized into food, beverage, automotive, pharmaceuticals, construction, chemicals, transportation & logistics, consumer durables, and others. By identification technology, the industrial labels market is categorized into radio frequency identification (RFID), bar codes, and others.

On the basis of regions, the global industrial labels market is segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan. Due to higher consumer awareness, North America is expected to hold the largest market share, followed by Europe by the end of 2016. However, Asia Pacific region is expected to show maximum growth in the global industrial labels market due to rising awareness and huge consumer base.

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Recycled Paper Packaging Market Remains Hot through 2024, Reports TMR

Recycled paper packaging employs paper products as their raw materials. The raw materials they use are basically extracted from the waste paper that is generated by the end users or the waste that has been created during the manufacturing of other products pertaining to paper packaging. It has several advantages such as it reduced the cost of paper packaging materials up to 40%. Paper is one such material that can be recycled almost 10 times for being reproduced as a completely new product and that can be employed in several applications as well. The rise in environmental concerns across the world and the surging need for reducing toxic emissions, recycled paper packaging is being incessantly used by the Personal Care, Healthcare, and Food and Beverages Industry.

The growing demand for environment friendly products, is a core factor that has been supplementing the growth of the global recycled paper packaging market. In order to adhere to the strict rules that have been laid down by governments across the globe in terms of environment security, many industries are resorting to recycled paper packaging. The proliferating awareness among people regarding the benefits of paper recycling and the need for a sustainable future dawning on them is expected to have a positive impact on the progress of the global market for recycled paper packaging. The availability of incentives and supports from the governments is another core driving force for the market.

Increase in demand for eco-friendly products, in turn, is expected to drive demand for recycled paper packaging in the near future. The waste paper generated from the end-use industries and by the consumers is utilized as raw material for the production of recycled paper packaging. The major advantage of using recycled paper packaging is the associated reduction in the cost of packaging material. This is a major factor expected to increase the demand as well as consumption of recycled paper for packaging, thereby boosting growth of the global recycled paper packaging market over the forecast period.

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Stringent government regulations pertaining to environmental concerns and reduction in carbon emissions are also among the major factors expected to fuel consumption of recycled paper packaging across the end-use industries. Moreover, the ongoing growth witnessed in the end-use industries, such as food and beverages, is also anticipated to fuel growth of the global recycled paper packaging market in the coming years. The global recycled paper packaging market is anticipated to expand at a moderate CAGR over the forecast period.

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Clamshell Packaging Market boosting the growth through 2025

Clamshell packaging was introduced in 1980s. When it was first launched, its purported uses were anti-theft, durability, and product visibility. Clamshell packaging is still widely used, but concerns about the threat of injuries is impeding its widespread adoption.

The global clamshell market is projected to grow at a steady rate during the forecast period 2017-2027. Use of clamshell packaging in protecting consumer electronics, consumer goods, and pharmaceuticals continues to grow.

The packaging sector is moving towards putting consumer interest first. Ease of use and convenience are the priorities for manufacturers at the moment. Clamshell packaging falters on these parameters, as opening it with bare hands is not possible. Consumers usually have to use knives and scissors, putting them at a risk of injury.

In addition to consumer concerns, clamshell packaging is also facing resistance from regulatory authorities. Plastic packaging has long remained on the radar of environmental protection groups, owing to which clamshell packaging manufacturers have had to innovate and come up with more innovative solutions.

While massive public outcry against ‘wrap rage’ linked to clamshell packaging has dented its prospects, it continues to be used owing to its benefits in preventing tampering and limiting theft. In addition to its anti-theft features, clamshell packaging has proven to be very effective in preventing damage to the product, especially in case of electronics items.

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Future of Clamshell Packaging Market 

The global clamshell packaging market is expected to grow at a moderate rate as new and advanced packaging forms gain traction. The incorporation of technology in packaging enabled better tracking, security, and product integrity. The benefits that clamshell packaging offers currently are easily available with modern-day packaging methods, albeit at a higher cost. It is projected that clamshell packaging end-users will gradually wean off clamshell in favor of intelligent packaging solutions. The trend will be prominent among large players, whereas smaller players may continue to use clamshell packaging owing to the cost factors.

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