Dual Component Packaging Machines Market Research Report Analysis and Forecasts to 2024

Packaging can be said as the face of a product, communicating with the consumers, in absence of the marketers. The idea of packaging, as a means of carriage, got changed with innovation and technology.  With the advent of technology, packaging industry came up with various processes and forms of packaging to meet the modern requirements. The introduction of machines over human labor to make packaging easier, safer, faster, effective and efficient, was one unmatched step, in the history of industrialization. Among many machines utilized in packaging, dual component packaging machines holds an important area in the adhesive, resin and sealant packaging industry.

Dual component packaging machines are of great use in the packaging of consumer goods as well as industrial goods. Modern hi-tech features of packaging such as separate compartments packaging, multiple mixing ratio and accurate dispensing proportion, drive demand among the key manufacturers of adhesives and sealants. Such trends and tripping points, have expanded the scope of dual component packaging machines, driving the demand throughout the forecast period. Moreover, demand from various application sectors including pressure sensitive products, construction, furniture, footwear, electronics and automotive industries is expected to augment the growth of the dual component packaging machines market.

Hugh economic shifts and momentous changes in the global consumption pattern, drive demand for the adhesive, resin and sealant market. This will ultimately result in boosting the sales of dual component packaging machines market, which is expected to grow at a healthy CAGR during the forecast period. In consort with the demand for adhesives in the leather and construction industries is anticipated to fuel the demand for the dual component packaging machines market, globally.

In terms of geography, the global dual component packaging machines market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global dual component packaging market is expected to register healthy CAGR during the forecast period. Asia-Pacific is anticipated to be the dominant market for dual component packaging market followed by Europe and North America. Factors such as urbanization, increasing standard of living along with an increase in sales of adhesives, resin and sealant, will stimulate the demand for the dual component packaging machines market globally.

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Some of the key players in the global dual component packaging market are Adhesive Materials Group, Masterbond, Adhesive dispensing Ltd, Prairie Technology Group Inc., Interplex, Dispense Park Inc., Dispense rite, Henkel, Sulzar Mixpac USA Inc, Master Bond Inc., etc.

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Spouted Pouches Market Adopts Innovation to Stay Competitive, 2018 – 2024

Packaging plays a vital role in product differentiation. Interactive packaging helps companies to stay ahead of their peers. As a result, packaging companies are coming up with many new innovative products in the market. Spout pouches is one such attractive packaging which is in high demand. Spout pouches provides flexible packaging options for the liquid products and is suited best for logistics purpose. Spouted pouches comes in different sizes. All the products are fixed with nozzles. The nozzles are kept in such a way that it creates 90 degree angle of the pouch or in the center of the pouch. Expected increase in demand for beverages among developing economies is expected to boost overall sales of spouted pouches worldwide. Spouted matches market will is expected to expand at a moderate pace between 2016 and 2026.

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Global Spouted Pouches Market Dynamics:

Global spouted pouches market is expected to be primarily driven by increasing consumer preference towards beverages. Increasing out of pocket expenditure and increasing consumer spending on food coupled with growing organized retail market is expected to boost overall sales of spouted pouches. Nowadays, spouted pouches is also gaining traction in baby foods market. Increasing environmental awareness has further added to growth in sales of spouted pouches market owing to its reusable property.

Besides this increasing the growth of pharmaceutical sector and energy drinks can impact the growth of spouted pouches market positively. Spouted pouches is comparatively cheaper when compared to glasses. As a result, many end-users are inclined towards the product. The design of the spouted pouches is such that it can be used for branding their products. It does not take more spaces on a store shelf compare to the plastic and bottle glasses. Though the market is expected to gain healthy growth over the forecast period, availability of alternative products could pose a major challenge for overall demand for spouted pouches.

Global Spouted Pouches Market Segmentation:

The global spouted pouches market is segmented on the basis of type of application such as pharmaceutical products, alcoholic beverages, energy drink, lubricating oil, fruit juice, liquid soap. On the basis of size, spouted pouches such as segmented into 100 ml, 200 ml, 350 ml, 500 ml, 750 ml and 1 litter. On the basis of layer, the global spout pouches market can be segmented into two, three and four layer laminates. The global spouted market also can be segmented on the basis of colors of the spouted pouches such as red, green, blue, black, gold, silver etc. On the basis of components, the spouted pouches market can be segmented into straw, cap, film.

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Hinge Lid Cartons Market Is Set For A Rapid Growth By 2024

Packaging plays a vital role regarding product differentiation, protection and hygienic control of the product. Among all the packaging types, cartons are one of the most important forms of packaging. Hinge lid cartons have an added advantage over other types of cartons owing to its properties such as elegant carton shape, high load bearing capacity and good appearance. These properties are expected to boost the demand for hinge lid cartons market in the near future.

Hinge lid cartons: Market Dynamics

Hinge lid cartons market is primarily driven on the backdrop of rampant growth of the global retail sector. Moreover, hinge lid cartons are used widely for retail ready packaging to provide protection during shipping and transportation. Furthermore, hinge lid cartons are being extensively preferred for tertiary packaging in case of food products. This is expected to impact positively the sales of hinge lid cartons supported by an increasing demand for ready to eat food globally. The rising need for hinge lid cartons particularly to store and transport medicines and medical devices safely in the healthcare industry is expected to drive the global hinge lid cartons market over the forecast period. In addition to this, hinge lid cartons also used for packaging consumer and personal care products which can play an important role in enhancing its demand in the next decade.

Furthermore, a mounting demand for jewelry packaging is also one important factor which is expected to stimulate the growth of this market. Increasing adoption of hinge lid cartons for tobacco packaging especially for cigarettes is expected to fuel the demand of hinge lid cartons during the forecast period. It has been noticed that the consumption of alcohol is increasing gradually which in turn is accelerating the growth of hinge lid cartons market. However, the regulatory landscape which encourages banning of alcohols and tobacco in some places can hinder the growth of hinge lid cartons market over the stipulated period.

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In terms of geography, the global hinge lid cartons market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. Asia-Pacific region is expected to be the fastest-growing region during the forecast period with rising demand from developing countries such as China, India and Indonesia.

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Modern Trade to Emerge as the Largest Sales Channel in the Global After-Sun Products Market

Manufacturers in the sun care industry are primarily concerned with after sun exposure, sun protection products. The main focus of manufacturers is to provide after sun products that can absorb Ultraviolet (UV) rays and protect skin from various problems. With the rising demand from consumers, manufacturers are introducing multi-functional products with waterproof protection, long-lasting effect, etc. Development of these products is centered around the use of ingredients such as zinc oxide and titanium dioxide. These ingredients help in producing better products. Also, against the backdrop of increasing concerns over allergic reactions and toxicity due to the chemicals in the after sun products, the formulations including natural and organic ingredients are being produced on a large scale.

After sun products for sensitive skin including various ingredients such as GMO free and hypo-allergic oat ingredients, with mild formula are also being used on a large scale. Use of sun care products in form of sheet masks is also increasing offering cooling and soothing experience. However, in the recent years, BB creams acting as the foundation for makeup, moisturizer, and sunblock have become popular among the consumers. The increasing demand for such creams can hamper the growth of the after sun products. Hence, researchers are focusing on developing better after sun products with added skin care benefits.

Leading companies in the global after sun products market are Christian Dior SE, Unilever PLC, The Estee Lauder Companies Inc., The Procter & Gamble Company, Shiseido Co., Ltd, Kao Corporation, Avon Products, Inc., Johnson & Johnson Services, Inc., Beiersdorf Aktiengesellschaft, and L’Oréal S.A.

Global After Sun Products Market to See Sluggish Growth throughout the Forecast Period 2017-2026

A new study by Transparency Market Research (TMR) projects the global after-sun products market to experience sluggish growth throughout the forecast period. The market is estimated to grow at a CAGR of 3.4%. The global after sun products market is also estimated to generate revenue of US$ 2,928.7 million by the end of 2026.

The market for after-sun products is segmented on the basis of end users, product type, source, sales channel, and region. On the basis of the product type, among various after-sun products, cream and lotion is expected to be the largest segment witnessing the highest growth.

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The end users segment is further divided into female and male. Female as the end users are expected to witness the highest growth as compared to the male segment. Based on the sales channel, modern trade is expected to be the largest sales channel in the global after-sun products market.

By source, the market is further segmented into natural and organic, and conventional. Among these two sources, the conventional source is expected to witness growth during the forecast period.

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Rotogravure Printing Machine Market: Asia Pacific Market to Show Stronger Growth

The global Rotogravure printing machine market features a highly fragmented and competitive vendor landscape, with the leading seven companies collectively accounting for a mere 41% of the market in 2017, observes Transparency Market Research in a recent report. Of these leading few, the company Bobst Group SA accounted for a significant 41.5% of the market in the said year. The dominant spot of the company in the market is owing to its extensive product and service portfolio, high investments in research and development activities, and a strong production and sales network that is spread across the globe.

For companies to gain lucrative returns in the market, focus on expansion across lucrative regional markets could be a promising growth strategy. Some of the leading companies in the market are J M Heaford Ltd, Comexi Group S.L., DCM-ATN, Windmoeller & Hoelscher Corporation, Uteco Converting SpA, ROTATEK S.A, and KKA Gmbh.

TMR analysts state that the revenue generated from sales of Rotogravure printing machines for retail merchandising has been estimated to be around US$1.63 bn in 2016, and is projected to expand at a CAGR of 3.5% during forecast period 2017-2025, rising to a valuation of US$2,208.55 mn by 2025.

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Of the key industries that utilize Rotogravure printing machines, the food industry is expected to dominate the market throughout the forecast period. The market is also expected to see major gains across the pharmaceutical and security printing industries over the forecast period, which are anticipated to register impressive CAGRs of 4.6% and 4.0%, respectively, over the report’s forecast period.

APAC is expected to overtake the Europe rotogravure printing machine market and dominate the global market by the end of forecast period, in terms of both value and volume. The market in the APAC region is estimated to have an annual consumption of 7,533.68 units of rotogravure printing machines in 2017, and is predicted to up the consumption to 9,578.39 units by the end of the report’s forecast period.

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Body Area Network Market Is Set For A Rapid Growth By 2025

Some of the key players operating in the global body area network market are Fujitsu Limited, Intel Corporation, Renesas Electronics Corporation, Abbott Laboratories, Ericsson Ab, Telefonica SA, IBM Corporation, Jawbone Inc, Bluetooth SIG, General Electric Company (GE), and ST Microelectronics.

A research study by Transparency Market Research finds that the global market for body area network is in a nascent stage and is primed to grow at a cracking pace in the next couple of years. The report projects the market to attain a value of US$62,120.9 mn by 2025 by rising at a phenomenal 24.7% CAGR over the course of the forecast period from 2017 to 2025.

Depending upon the devices, the global body area network market can be split into wearable devices and implant devices. The wearable devices at present hold a greater share in the market on the back of rising sales of smart watches and wrist watches resulting from the increasing spending capacity of people worldwide. During the forecast period between 2017 and 2025, the wearable devices segment is expected to rise at a double digit CAGR.

From a geographical perspective, North America takes the cake with maximum share in the market for body area network. The market in the region, which is being mainly powered by Canada, has been driven by tremendous thrust on product development, which in turn has been facilitated by the enormous backing from crowd-funding platforms. Going forward too, the market in North America is likely to retain its dominant share. The TMR report projects the market to attain a value of US$25.39 bn by 2025.

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Real Time Patient Data Provided by Body Area Networks Benefits their Demand

The growing number of applications of body area networks are serving to fillip their market. One of them is the real time data of patients that they produce, which is sought after by doctors and medical institutes. Such data helps to bring about proper diagnosis and eventually accurate treatment. It can also be leveraged in military applications, sports, and entertainment.

For example, in the domain of sports, body area networks can help to measure muscle oxygen and how much oxygen an athlete consumes while training. “BSX Athletics wearable device rolled out a calf compression sleeve for legs. The calf compression sleeve is outfitted with a sensor having LED lights that is placed in sleeve pocket. The LED records and reports real-time oxygen levels. Real time data is helping sports coaches to monitor athlete’s performance in real time,” elaborates the lead analyst of the TMR report with an example.

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Bakery Processing Equipment Market Is Set For A Rapid Growth By 2026

According to a new market report published by Transparency Market Research titled “Bakery Processing Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global bakery processing equipment market is expected to reach a value of US$ 23,441.7 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 9% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 10,899.9 thousand units in 2017. The Asia Pacific bakery processing equipment market is projected to have the highest growth during the forecast period both in terms of value (US$ Mn) and volume (‘000 Units).  The market witnessed considerable growth in this region due to increased growth in the bakery industry, leading to positive growth in the bakery processing industry.

The bakery processing equipment market is influenced by market dynamics with the prime driving factor of increasing consumer demand for bread and baked food products. In terms of product type, the bread systems segment is anticipated to gain the largest share with total value of US$ 6,477.6 by 2026 at a CAGR of 9.1% annually. On the other hand, according to end use, the global figures are anticipated to be US$ 1,877.6 Mn by 2026 at a CAGR of 8.1 %. Waste control in the food production line is one of the major challenges restraining the growth of the bakery processing equipment market.  However, the market is anticipated to grow as a result of entry of new players.

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In 2017, based on type, the bread systems segment accounted for market value of about US$ 6477 Mn in the global bakery processing equipment market. This is because bread systems have wide application in the bakery industry. In terms of end use, both the retail and wholesale segment are expected to expand in equal numbers both in terms of value and volume. The retail baker segment is anticipated to reach US$ 939.3 Mn at a CAGR of 8% in 2026 whereas the wholesale baker segment is anticipated to reach US$ 938.4 Mn at a CAGR of 8.2% in 2026. In terms of application, cookies and biscuits segment is anticipated to acquire the largest share with total value of US$ 6648.2 Mn by 2026, at a CAGR of 9.4%. Cookies and biscuits are widely accepted in the U.S. and European regions; however, change in consumer lifestyles in Asian countries and in many other developing countries in terms of bakery consumption is anticipated to expand the cookies and biscuit segment.

The top companies considered while studying this report for the global bakery processing equipment market are GEA Group AG, Buhler Holding AG, John Bean Technologies Corporation, Ali Group S.r.l., Heat and Control, Inc., Meyer Industries, Inc., Baker Perkins Limited, Markel Food Group, ANKO Food Machine Co., Ltd., Erika RecordBaking Equipment, Gemini Bakery Equipment Company, Rheon Automatic Machinery Co., Ltd., Global Bakery Solutions Ltd., Peerless Food Equipment, and Allied Bakery Equipment.

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