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...
Thursday, 17 January 2019
Wednesday, 16 January 2019
Flexible Packaging Market to Present Most Lucrative Growth Opportunities
The
presence of large number of players in the market and entry of new
entrants in the global
flexible packaging market
is projected to intensify the market competition. The market
competition is seen on the basis of price, quality, services, and
innovation. The leading players in the market putting efforts by
introducing innovative and bio-based packaging materials. Some of the
key players in the global flexible packaging market are Berry
Plastics Group, Inc., Constantia Flexibles Gmbh, Sonoco Products Co.,
Mondi Group, Huhtamäki...
Green Packaging Market to reach US$203.1 Bn by 2021 End
The
global
green packaging market features an increasingly competitive
vendor landscape. Transparency Market Research (TMR) notes that in
the coming years, the constant entry of new players is likely to
raise the level of competition in the market. Despite being largely
in developmental stage, the market is fast evolving shaped by the
changing government regulations in various parts of the globe, which
is offering lucrative avenues for companies to capitalize on. To
this, numerous agile and astute players are adhering to the existing
regional...
Escalating Consumption of Alcoholic Beverages drives Global Glass Packaging Market
The
market dynamics for glass packaging is highly fragmented and the
leading six players hold 35% share in the global market. Gerresheimer
AG, Owens-Illinois Inc., Vetropack Holding AG, Ardagh Group,
Saint-Gobain S.A., and Vidrala SA. are the leading players in the
global
glass packaging market.
These companies use advanced business strategies to maintain their
stand in the global glass packaging market. However, various small
and medium players working across geographies are also making efforts
to strengthen their position in the...
Increasing Thrust on Plastic Ban Favors Growth of Global Ecological Packaging Market
The
fact that plastic has a harmful effect on the environment has been
proven time and again. It not only increases toxicity of the
ecosystem, but also has harmful impact on life. Rising incidents of
health hazards due to plastic pollution has forced policy makers
across the globe to implement stringent regulations on the use of
plastic.
Many
countries have banned plastic paving way for environment-friendly
packaging materials. This has favored the global
ecological packaging market,
boosting its growth in the last few years....
Sustainable Juice Packaging characterized by Low Environmental Footprint gathering Steam
Juice
packaging
exhibits one of the most exciting demand dynamics in the beverages
industry. As with other packaging verticals, the demand dynamic is
increasingly driven by variety of cost, convenience, and functional
considerations among end users. Functional aspects majorly pivot on
the packaging that can effectively protect the shelf-life and purity
of vegetable and fruit juice products throughout their storage and
transportation. There is, thus, a constant demand for better
packaging materials that can offer increased barrier...
Ecofriendly Trend in APAC a Boon for Sack Kraft Paper Market
A
recent business publication by Transparency Market Research (TMR) has
notified that the market for sack kraft paper is steadily prospering,
projecting the demand to increment at a CAGR of 2.6% during the
forecast period of 2016 to 2024. However, the analyst of the report
has strongly recommended the stockholders of the market to consider
expansion into the emerging economy of India. The country is vastly
populated and the awareness regarding soil pollution caused by
plastic is expanding. The government in the country has been taking
strong...
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 ...
