Thursday, 7 March 2019

Food Packaging Market: Smart Packaging Changing the Economics of Connecting Objects to the Internet

  March 07, 2019    No comments
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.


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.

The sea change in food habits and preference for processed food has propelled the food packaging market in the past. The market for packaged food has already reached a holistic level in North America and Western Europe, while rapid lifestyle changes and economic growth, coupled with rising population in Asia Pacific countries such as China and India, has spiked the growth rate of food packaging in the region. The growth rate in South America and the Middle East is also on the higher side compared to the developed economies.

The main reason for increasing preference for processed food is the shifting population dynamics towards urban centers from rural areas. This has resulted in the advent of dual income urban families, who prefer processed food due to time constraints. Packaged food has evolved from super markets to neighborhood stores in countries such as China, India, Brazil and Thailand among others. The market dynamics in North America and Europe however, is governed by branding activities undertaken by food processing companies.


Tremendous opportunity exist in the food packaging market in emerging economies as the food packaging technology is in its growth phase in this region. Antimicrobial packaging technique is of particular interest as it helps to improve the shelf life of perishable food products. The market is however, slightly restrained by the declining growth in North America and Europe.
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Tube Packaging Market – Trending Mindset of End-users towards Sustainable Packaging to be the Emerging Trends

  March 07, 2019    No comments
A tube is a hollow and cylindrical container, made up of plastic, aluminum or paperboard and is primarily used for containing viscous liquids such as ointment, toothpaste and adhesive among others. During manufacturing and filling processes, both ends of the tube are treated in a different way. There is an oval orifice on one end of the tube body, which can be closed by caps and closures. The other end is folded or sealed after addition of contents. Tube packaging containers are extruded and customized with printing, labeling, punching, slicing, crimping and other fabrications in order to create a functional and unique package.


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.


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.

Some of the prominent players in the market for global tube packaging are Sonoco Products Company (U.S.), Essel Propack (India), Visipak (U.S.), Huhtamaki OYJ (Finland), Amcor Limited (Australia), Albea Group(France), Montebello Packaging (Canada), Unette Corporation (U.S.) and Worldwide Packaging (U.S.) among others.
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Industrial Labels Market Predictions and Outlook for 2019 by TMR

  March 07, 2019    No comments
Being informed regarding product origin, supply chain, disposal etc. is a crucial aspect for product manufacturers. Industrial labels have emerged as a highly efficient means to deliver such product-related information. Besides, industrial labels also enhance the visible and aesthetic features of products. Through the use of industrial labels, producers can gain an edge over competitors who offer similar products. The advantages offered by industrial labels is resulting in wider adoption by manufacturers worldwide. A major factor attributed to growth of the industrial labels market is that these products can easily be customized in terms of size and shape for a range of end-use applications across industries, with supplementary features as per specific requirement.


Product manufacturers’ concern regarding the practice of counterfeiting of their products can also be resolved to a great extent by using industrial labels enabled with bar codes and RFID technologies. Counterfeiting has become a worldwide phenomenon, which has been impacting industrial manufacturers severely, by affecting their sales revenue and also respective brand image. This has prompted manufacturers to use effective anti-counterfeiting technologies based on unique codes on labels. Various industrial labels are available in the market that are enabled with both track & trace and anti-counterfeit technologies. Track & trace technology helps manufacturers to maintain proper tracking of products, while anti-counterfeit technology helps to protect products from being counterfeited.

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.

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.
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Recycled Paper Packaging Market to Witness High Growth Due to Rise in Environmental Concerns Across the World

  March 07, 2019    No comments
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.


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.

Recycled paper packaging is expected to find major applications in the food and beverages industry. Thus, the growth of the industry, in turn, is expected to drive growth of the recycled paper packaging market over the forecast period. Besides, the increasing consumer awareness pertaining to use of recycled products is anticipated to further boost the demand for recycled paper packaging products, thereby driving growth of the market over the forecast period.


Moreover, the increasing awareness about the hazardous effects of plastic waste accumulation is also projected to be a major reason for growth of recycled paper packaging market over the forecast period. The increasing government initiatives and support for the use of recycled products is also expected to be a major factor boosting growth of the recycled paper packaging market further.
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Packaging and Labeling Applications Account for Close to 40% of the Global Specialty Paper Market

  March 07, 2019    No comments
The specialty paper market has risen spectacularly in recent years following the rapid adoption of packaging mechanisms and home delivery facilities in a number of sectors. Growth of the consumer goods sector has been the prime driver for the specialty paper market, as packaging and labeling applications account for close to 40% of the global specialty paper market and are likely to remain the leading revenue generator for the market in the coming years. The booming demand for consumerism channels is thus likely to remain the key driver for the specialty paper market.

The rising online shopping sector in emerging as well as developed economies is a key driver for the global specialty paper market. The convenience of shopping online has led to a consistent rise in user figures for ecommerce portals, which has led to a corresponding rise in the demand for packaging materials and other materials required to transport and store the products. The specialty paper market has been a key beneficiary of these developments, as it has widespread utility in several parts of the online shopping sector.

Regionally, Europe is likely to exhibit the leading share in the global specialty paper market in the coming years. The steady presence of paper processing framework in the region is a key driver for the Europe specialty paper market, while the steady rise in the use of online shopping channels in the developed and affluent region is also a consistent contributor to the global specialty paper market. Besides Europe, Asia Pacific is also likely to contribute significantly to the global specialty paper market in the coming years due to the increasingly prosperous economic growth in several countries in the region.


Specialty paper is used to transport and safeguard a wide range of merchandise. High demand from the end use industry, such as packaging and labelling, is anticipated to drive growth of the specialty paper market over the forecast period. The specialty paper market constituted almost 6% of the global specialty paper and paperboard market in terms of volume in 2014.

Europe was the leading exporter of specialty papers in 2014. Rapid increase in consumerism, in turn, is projected to drive demand for specialty papers in the developing countries. The convenience offered by customizable specialty paper products, coupled with their beneficial properties, is also among the major factors anticipated to drive growth of the specialty paper market over the forecast period. Thus, in view of all the above driving factors, the global specialty paper market is expected to witness high growth over the forecast period.


Growth witnessed in the end-use industry, such as packaging and labelling, in turn is expected to drive growth of the specialty paper market in the near future, as packaging and labelling constitutes almost 40% of the global specialty paper application. Change in lifestyle of people and rise in aging population are factors anticipated to increase demand for specialty paper in the food service, packaging, and medical applications. Besides, rise in the disposable income of people across the globe is expected to further fuel demand for specialty papers over the forecast period.
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Ambient Food Packaging Market is Rising Due to Increasing Demand for Sustainable Packaging Material

  March 07, 2019    No comments
Ambient food packaging refers to packing a food product in pasteurised and sterilized packs to increase its shelf life. Ambient food packing has become a trend in the food packaging industry and ambient food products are preferred by majority of the consumers over others. Increasing demand for having more empty space in chill cabinets calls for the adoption of the food packaging methods that can offer a better shelf life to the product even without a refrigerator. Demand for sustainable packaging material has become a new trend in the ambient food packaging industry.

Ambient food packaging bestows extended shelf life to the food product as compared to the usual packaging methods and, thus, enables storing the product at room temperature. Additionally, it also makes use of high barrier sheets, which assure that certain important aspects related to food storage, such as safety of food stored inside, consumer convenience, and attractive design, are taken care of. All these supporting factors have led to the increased demand for ambient food packaging among food manufacturers globally.

The ambient food packaging market can be classified on the basis of types of containers used, on the basis of food, and by packaging material. On the basis of containers used, the ambient food packaging is segmented into tray, pots, lids, cups, and bowls. On the basis of food, the ambient food packaging market is segmented into ready meals, baby foods, soups and sauces, seafood, fruits and vegetables, coffee, and pet food.


On the supply side, major players in the market have started offering services, such as blow moulding, injection moulding, and thermoforming, which has been leading to the additional demand for the packaging type.

However, high level of processing required in case of ambient food packaging ultimately adds to the overall cost of packaging product, which poses as a potential threat for growth of the global ambient food packaging market.

Main market for ambient food packaging lies in Asia Pacific, as demand for packaged food is increasing along with the growing population and rising disposable income levels of consumers in the region. The Asia Pacific market is anticipated to be followed by North America and Western Europe, as these markets account for the largest share of canned foods consumption across the globe. The Western Europe market is expected to be followed by South America, Eastern Europe, and Middle East & Africa markets. However, the global ambient food packaging market is still expected to be dominated by the emerging economies.
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Sustainable Packaging Market | New Addition to the Environmental Considerations for Packaging

  March 07, 2019    No comments
Initiatives taken by sustainable packaging manufacturers to use environmental friendly packaging materials and technology in packaging products, has been supported by various organizations as well as governments. Sustainable packaging manufacturers are looking towards developing biodegradable plastics that will reduce carbon footprint. With a growing demand for a sustainability driven world, packaging experts and consumer products companies are focusing on “green packaging”.

Rampant Plastic Packaging Waste Prompts at Emergency of Adopting Sustainable Packaging Solutions

“More than 200 million tons waste created by plastics cause major landfill issues”. This is majorly reduced by the use of sustainable packaging.  Changing lifestyle has created the demand for packaging, consumers started investing more on packed food & beverages. The global demand for packaging has increased substantially in the last couple of decades, and packaging manufacturers have now been focusing on the use of biodegradable plastics as opposed to conventional plastics. This global push has led to the growth in demand for sustainable packaging solutions.

Manufacturers in Asia Pacific region are concerned about the rising packaging waste. High consumption rate of plastic packaging products has created millions of tons of waste. Policy makers are playing a major role in creating a sustainable environment. So, governments in the APAC region are emphasizing on biodegradable and bio plastics for packaging. Government organizations actively support and promote the use of bioplastics.


Globally, on the basis of packaging type, sustainable packaging market is segmented into trays, bags, boxes, bottles & jars, films, pouches & sachets, drum and IBC and others. By material type, global sustainable packaging market is segmented into paper & paperboard, plastic, metal (Aluminum) and others. Paper & Paperboard segment is further sub segmented into coated & unbleached, bleached paperboard, molded fiber pulp, corrugated board. Plastic segment is further sub segmented into PLA, PHB, PBS, Starch Based plastics, PHA, Others (PCL).

Paper & paperboard segment is expected to dominate the market throughout the forecast period with an estimated market share of 55.1% in 2018, during the forecast period. Plastic segment is estimated to register a CAGR of 5.0% during the forecast period. PLA segment is expected to create incremental $ opportunity of US$ 10.2 Bn during the forecast period. Metal (Aluminium) segment is estimated to register a value of US$ 33.3 Bn in 2018 and is expected to reach 52.1 Bn by the end of the forecast period (2028). ‘Others’ segment is projected to register a CAGR of 4.6% during the forecast period.


The European region is estimated to account for the largest share in sustainable packaging market on the backdrop of high concentration of the packaging manufacturers and rise in disposable income of the consumers. North America is expected to trail in sustainable packaging market as the region has highest per capita consumption of packaging. The MEA region is estimated to contribute small but rapidly growing market share in sustainable packaging market. Growth in sustainable packaging market in Latin America region is expected to be moderate during the forecast period.
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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 ...