Die Cut Interior box Market Parameters and Prospects 2019 to 2025 Market Research Report

Over the years, the packaging industry has changed from just meeting the primary obligation of goods transfer to a significant factor for the sale of the product. Coupled with the modern technological advancement, the demand for appealing & convenient packaging solution has added to the growth of the global die cut interior box market. Die-cutting is the method of cutting and creasing high volumes of paperboards usually cartons with the use of die cutting machines. Manufacturers coupled with retailers are gaining traction towards die cut interior box as it is an economical packaging solution that provides safety to the product which essentially fuels the growth of the global die cut interior box market. Die Cut Interior boxes are majorly used in the promotional packaging of pharmaceuticals as well as food & beverages industry. Die cut interior box packaging protect the product as well as nurtures the structural integrity of that package.

Die Cut Interior box Market: Drivers & Restraints

One of the key factors that have led towards the growth of the die cut interior box market is the significant evolution in the retail sector. Die cut interior boxes has emerged as an advanced packaging solution from vendors and retailers point of view and are in high demand from small business institutions which operate across the globe. However, die cut interior boxes are non-reusable towards other kinds of products. As a result, this boxes need to be dumped, thus contributing towards the increasing waste issues.

The global die cut interior box market can be segmented based on material type and end use. Based on the type of material used, paperboard material is expected to dominate the die cut interior box market over the forecast period. Paperboard is likely to bag a comparatively higher market share owing to emersion of a negligible carbon footprint on the environment in comparison with plastic in the global die cut interior box market. By end use, die cut interior boxes are in high demand for packaging of electronic appliances, home & personal care products, etc. and are expected to drive this market over the forecast period.

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Die Cut Interior box Market: Regional Overview

Geographically, the die cut interior box market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The die cut interior box market in North America and European nations is expected to grow at a steady rate as this regions are projected to be the largest markets for die cut interior box owing to the higher use of e-commerce portals which leads to healthy sales of home care & customer durable products in this region. The Asia-Pacific region is anticipated to have a high market attractiveness concerning growth in die cut interior box market. The boom in the retail sector in the developing economies such as China & India is expected to further drive the sales of the die cut interior boxes in this region by the end of the forecast period. Likewise, growth in other end-use industries across Latin America and MEA region is estimated to boost the growth of demand of die cut interior box in the near future. Overall, the global die cut interior box market is expected to show a healthy CAGR over the forecast period.

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Innovations in Medical Packaging Films Market | Get Detailed Analysis by TMR

Transparency Market Research delivers key insights on the medical packaging films market in its published report, titled “Global Medical Packaging Films Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global medical packaging films market is estimated to expand at a CAGR of 5.9% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Medical packaging films are flexible films used for the packaging of pharmaceuticals and medical devices. 

Medical packaging films are used to manufacture medical packaging items such as blood bags & pouches, blister packs, tray lids, sachets, medical labels, and tags. Flexible medical packaging films are primarily used because of their low cost and high barrier properties against moisture and gas.

Their ability to seal heat, prevent leakages, and be easily laminated to paper, aluminum, and other plastics makes them popular. Medical packaging films are made up of materials such as polyethylene, polystyrene, polyamide, PVC, aluminum, and oxides. Medical packaging films include high barrier films, co-extruded films, and formable films. The high barrier medical packaging films segment is expected to witness a rapid growth as compared to the other segments.

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High barrier films include metalized and coated medical packaging films . Medical packaging films can be coated with polymer or aluminum and produced as multi-layer laminates or co-extrusions. Medical packaging films are coated with aluminum or oxides to improve their barrier properties. Metalized medical packaging films are less expensive and more flexible than foil laminates which have the same barrier property. Medical packaging films pouches are widely used across the globe for single-use disposable items such as gloves, catheters, tubing, bandages, dressings, and syringes.

Medical packaging films tend to provide less physical protection than rigid ones but are preferred choice for the manufacturers of high volume low-cost devices. Pouch and tray lid medical packaging films mainly consist of Tyvek, foil, and few polymer variations. The demand for barriers against moisture, gas, water, etc. is expected to drive the market for the high barrier medical packaging films market.

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Heat Shield Market for Automotive Industry | Huge Growth Opportunities & Expansion till 2026

Transparency Market Research has released a new market report titled “Automotive Heat Shield Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global automotive heat shield market is expected to expand at a CAGR of more than 3% during the forecast period.

Internal combustion engine is a tremendous heat-producing component of the vehicle. The heat generated by the engine can damage the parts surrounding it. Exhaust manifold, turbochargers, exhaust pipes, and catalytic converters are major sources of heat in a vehicle. The heat emitted by these components needs to be diverted in order to avoid any kind of damage to the adjoining sensitive components. Heat shields plays a vital role in the vehicle, either by deflecting or absorbing the heat generated by the components in order to avoid any damage to the other components.

Heat shields effectively enhance the performance and efficiency of the engine at considerably high temperature, which is primarily driving the global automotive heat shield market. Stringent emission norms, raised awareness among consumers, and increase in global warming due to increased pollution level are prompting vehicle manufacturers and consumers to install add-on accessories in vehicles in order to enhance engine performance and subsequently reduce pollution levels. This, in turn, is fueling the demand for vehicle performance boosting accessories, such as turbochargers, and emission control devices, such as exhaust gas recirculation techniques.

These accessories produce a large amount of heat that needs to be regulated in order to achieve optimum performance of the adjoining components. Therefore, increase in demand for turbochargers and other emission control devices is fueling the demand for automotive heat shields. Raised per capita income and increased awareness among consumers is fueling the demand for vehicles and in-vehicle safety, which in turn is boosting the demand for heat shields.

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The global automotive heat shield market is primarily restrained by the rapid rise in demand for battery electric vehicles, which do not require a heat shield. Battery electric vehicles do not have any component that produces heat, therefore, heat shields are not required for battery electric vehicles.

Heat shields are primarily utilized with major heat generating components such as exhaust manifold and header, catalytic converter, exhaust pipe, turbochargers, and spark plug. Moreover, heat shields are also preferred to protect sensitive components such as fuel lines, electric wiring, and oil lines. The exhaust manifold and header are intentionally covered with a reflective heat shield that traps heat near the exhaust manifold and header in order to keep it hot. Higher temperature of exhaust manifold and header enhances the scavenging capabilities of the engine, which results in overall increase in engine performance and efficiency.

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Artificial intelligence in Advanced Packaging Technologies Market | A New Era of the Advanced Packaging Industry

In recent years, the packaging industry has witnessed a tremendous increase in demand for different products due to change in consumer habits and the introduction of new & innovative products embedded with advanced packaging technologies. Companies are investing heavily in research and development activities to develop products with distinguishable characteristics. Consumer inclination towards convenience products such as packaged food, has resulted in the development of products with advanced packaging technologies that offer longer shelf life through gas absorption and scavenging systems.

Across the globe, active packaging is gaining traction for food packaging applications due to its properties that enhance shelf life and the ability to reflect properties of contained food on the packaging. Embedding advanced packaging technologies such as freshness and temperature indicators on food packaging products by a large number of brand owners all over the world, is helping them acquire more customers and gain a competitive advantage in the packaged food industry. Leading packaging companies are collaborating with technology providers to develop advanced packaging technologies for their products. Global food and beverages companies are showing immense interest in adopting packaging solutions with advanced packaging technologies.

Consumers in developed countries are willing to pay higher for products with advanced packaging technologies

The global demand for advanced packaging technologies is largely fulfilled by the manufacturers present in major countries of Europe and North America regions. It has been noticed that the consumers in these regions have shown great interest in the adoption of products with advanced packaging technologies. According to TMR, more than 30% of the consumers are willing to pay a higher cost for products with the advanced packaging technologies.

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Consumer inclination towards products with smart packaging solutions and high-barrier properties is creating a wave in the packaging industry which, in turn, is responsible for the high growth in the advanced packaging technologies market. The advanced packaging technologies market is expected to grow at a CAGR value of 7.5%, during the forecast period.

Advanced packaging technologies help brand owners differentiate their products at the point of purchase

Innovation and new product launches in the global advanced packaging technologies market are the major factors that are being considered by leading packaging manufacturers. Brand owners are rethinking their strategies and planning to launch new products with advanced packaging technologies. Such initiatives are responsible for embarking new products in the advanced packaging technologies market. Brand owners think that products with advanced packaging technologies will create brand differentiation at the point of sale.

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Nano GPS Chipset Market – Rising Popularity of GPS Tracking Devices Worldwide to Drive Market

According to a new market research report published by Transparency Market Research titled ‘Nano GPS Chipset Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global Nano GPS chipset market was valued at US$ 452.7 Mn in 2017 and is expected to expand at a CAGR of 12.02% from 2018 to 2026, to reach value of US 1,221.3 Mn by the end of the forecast period.

Rising popularity of GPS tracking devices across the globe to fuel the Nano GPS chipset market

Recently, GPS tracking devices are increasingly becoming popular, as they are being used for asset tracking. GPS trackers are being used to track assets by their owners; to track vehicles by fleet operators; and also to track individuals and other tracking objects. Various chipset manufacturers are investing significantly in R&D activities for development of miniature GPS chipsets, as they consume low power.

They can be used for applications wherein space is a constraint, for example, wearable devices. Also, various manufacturers of GPS trackers are introducing innovative miniature products. For instance, in February 2017, a startup introduced a GPS tracking device called ‘Ping,’ which is meant for tracking of vehicles, kids, pets, and other assets.

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Over the last few years, wearable technologies have been evolving in various fields including health care, sports & fitness, and military & defense. Wearable devices are witnessing increasing demand, particularly from the military sector. With greater accuracy and precision, the wearable technology is being used to track soldiers. Soldiers can be tracked in real time, which ensures their safety and diminishes risk of failure in high-risked operations.

Various products are being developed for protection of soldiers, which provide information pertaining to their location. For instance, in October 2018, Orolia, a prominent provider of navigation and timing solutions, introduced the SecureFind combat rescue beacon, which contains miniature GPS chipsets. This device enables military personnel to execute combat, search, and rescue (CSAR) missions with the help of optional assured PNT technology that prevents GPS signal interference, spoofing, and jamming.

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Thermoforming Packaging Represents an Effective Solution for Pharmaceutical Applications

The report published by Transparency Market Research, “Thermoforming Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” states that Asia Pacific thermoforming packaging market is expected to expand in market size owing to industrialization and increased consumer spending on processed food and consumer products.

The global thermoforming packaging market is projected to grow at a CAGR of 6.3% during the forecast period and expected to reach US$ 82.0 Bn by 2027. The global thermoforming packaging market is anticipated to offer the most promising opportunities for manufacturers, owing to the increasing demand from pharmaceuticals, food services, and electrical & electronics industries.

The evolving food industry and requirement for sustainable packaging are anticipated to be the crucial drivers for the growth of the global thermoforming packaging market. Asia Pacific is expected to be a lucrative market place for thermoforming packaging in terms of demand. Entry of new players in the manufacturing stream is becoming beneficial for end-users in terms of availability of cost-efficient and high-quality thermoforming packaging products.

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Mergers and acquisitions of potential thermoforming packaging manufacturers by global key players create competitive opportunity in terms product development and geographical expansion. Pactiv LLC is anticipated to be a prominent manufacturer of thermoforming packaging owing to its wide product portfolio and sales channel. European and North American manufacturers of thermoforming packaging are showing high interest in Asia Pacific and Latin America markets due to high market opportunities.

North America is expected to house key thermoforming packaging manufacturers, who are holding strong positions in the global thermoforming packaging market. The North American thermoforming packaging market includes two countries which are- the United States and Canada. The United States is estimated to hold a market share of nearly 22% of the global thermoforming packaging market. Latin American thermoforming packaging market includes Brazil, Mexico, Argentina, and Rest of Latin America. Brazil is expected to be the most attractive country in terms of market share owing to the increased consumer spending on retail products.

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Top 5 Vendors in the Container Glass Market | Global Overview by TMR

Transparency Market Research delivers the key insights on the container glass market in its published report, titled “Container Glass Market: Global Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global container glass market is estimated to expand at a CAGR of 5.0% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

The large pharmaceutical industry of the U.S. to drive the demand for container glass in the country

The U.S. is not only the largest market for pharmaceuticals and leading in terms of pharmaceutical research & development expenditure, but also one of the leading producer of pharmaceuticals in the world. As container glass is highly preferred for packaging of pharmaceuticals, the large pharmaceutical industry of the U.S. is one of the primary drivers of container glass market in the North America region. The research & development on pharmaceuticals has also led to a large variety of container glass materials and packaging solutions.

The alcoholic beverage industry of Africa to propel the container glass market in the MEA region

Sub-Sahara African countries in the MEA region are estimated to account for around 40% of the MEA container glass market in terms of volume in 2018. This is prominently due to the large production of beer and other alcoholic beverages in the region which is further projected to witness a rise during the forecast period.

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Moreover, the pharmaceutical industry of GCC countries is rapidly growing. Among individual countries of the MEA region, South Africa is estimated to hold the highest market share, followed by Turkey. The significant presence of packaging companies in South Africa is majorly responsible for its dominance in the MEA region.

Europe is estimated to be the leader in the global container glass market in terms of value, while the Asia Pacific is estimated to hold the highest share in the global container glass market by volume

The cost of manufacturing of container glass in Europe is relatively high, primarily due to high labour costs in the region. On the other hand, the manufacturing cost of container glass is significantly low in the Asia Pacific region. The Asia Pacific region accounts for the highest demand for packaging in the world, which lead to the highest demand for container glass in the region in terms of volume. Thus, the Asia Pacific region is dominating the global container glass market in terms of volume, while the economic availability of container glass in the region has resulted into a low container glass market volume share as compared to that of the Europe region.

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