Five Trends Shaping the Future of Tobacco Packaging Market

Tobacco is a plant belonging to the Solanacae or nightshade plant family. Tobacco is generally used for smoking and chewing as it acts as a stimulant due to its high nicotine content. Tobacco packaging industry involves packaging of dried tobacco leaves used for making bidis, cigarettes, smokeless tobacco, cigars, dissolvable tobacco and shishas or water pipes. Packaging enhances and protects tobacco products from external impacts during transportation. Cigarettes are one of the most widely used tobacco products which consist of delicately cut tobacco leaves rolled in lean paper.. Cigars on the other hand are larger in size and do not necessarily contain a filter. Bidis are made by hand rolling of loose tobacco in tendu leaves. Smokeless tobacco is used as a snuff for chewing or dipping. Materials used for primary tobacco packaging include films, boards, cartons, foils, paper, laminates and membranes. Bulk or commercial tobacco packaging employs use of hinge-lid cartons, bundle wraps, shells and slides. Cigarette production currently has the largest share in the tobacco packaging market.

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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. 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.

Some of the key players in the tobacco packaging market include Amcor Limited, Innova Films Limited, China National Tobacco Corporation, ITC Limited and Phillip Morris International, Inc.

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Tube Packaging Market – Competitive Landscape & Technological Breakthroughs Analysis in Next Few Years

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.

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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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Recycled Paper Packaging Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

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.

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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 Market: Drivers and Restraints

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 ofrecycled 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.

Threat form new entrants in estimated to be a major challenge for the existing players in the recycled paper packaging market. Major players in the recycled paper packaging market are entering into mergers and acquisitions to sustain and expand their position in the market.

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Electroluminescent Lighting Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

The electroluminescent lights are low power consuming and when they are electrically charged they lose their energy in the form of light. Special features of electroluminescent lighting systems are encouraging customers to replace the traditional lighting systems in wide number of applications. End use industries like automotive and transportation, electronics and electrical etc. are growing rapidly. Manufacturers are focusing on implementation of new technologies to light up various items inside and outside of the vehicle using electroluminescent lighting ultimately driving the growth for this market. Construction and architectural industries are also in there growth phase and electroluminescent lighting finds a numerous applications in this industries in the form of stairway lighting, night lights, landscape lighting, floor mats etc. this is also acting as a driver for electroluminescent lighting market. Printing technology companies like GSI technologies have done mergers and.

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Acquisitions with leading electroluminescent lighting display companies to use there assets to supply the need of high volumes of printed lights for automotive, transportation, medical lighting applications etc. In addition to all these advertising industry also finds a multiple applications for electroluminescent lighting in sign boards, banners, posters, billboards, POP signs in stores, trade show booths, special offer signs, podium in front of booth area etc. they are also expected to grow during forecast period contributing to the growth of electroluminescent lighting market.

Textile market which includes outerwear, men’s women’s and children’s clothing, toys, footwear, clothing accessories and sports gears etc. has seen a use of electroluminescent lighting. These markets generate more than $250 billion annually and anticipated to drive electroluminescent lighting market. Development and innovations in printed lights, OLED and LEDs can act as a restraints for the growth of electroluminescent lighting market.

In terms of geography, the electroluminescent lighting market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The electroluminescent lighting market is expected to register healthy CAGR during the forecast period. North America is anticipated to be the dominant market for electroluminescent lighting market followed by Asia Pacific and Europe. The market in Asia-Pacific region is expected to grow at highest CAGR over the forecast period. Countries like China and India are major manufacturing hubs for various electronic, automotive and consumer goods and are likely to provide abundant opportunities for the growth of the electroluminescent lighting market.

Some of the key players in the electroluminescent lighting market are Technomark, RSP, Inc., LumaMedia,intl., ASM Circuits Pvt. Ltd. Etc.

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Microelectronics Packaging Market – In-depth Industry Analysis Research Report Forecasts to 2024 by TMR

Microelectronics packaging is used to protect the chip so that it is not affected or less influenced by the outside sources and to provide decent working conditions for normal functioning. To keep pace with the growing demands imposed by high performing chips and by end-use system applications the microelectronics packaging market is experiencing a significant growth. Microelectronics packaging involves the use of various engineering and other technologies to incorporate protective features and in built security in the packaging of products. This microelectronics packaging market is gaining importance as it reduces wastage and enhances safety and security, convenience and product differentiation. Globally the acceptance of microelectronics packaging is increasing with rising awareness among the manufacturers. Influence of customer demand on packaging is one of the prime driver for  microelectronics packaging market.

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Technological advancements in printed electronics is a common  trend observed in recent years. High cost of microelectronics packaging is one of the major challenge faced by the microelectronics packaging market. Manufacturers around the world are all in the effort to research and improvement of the microelectronic packaging industry in order to get leading position in technology. Market for microelectronics packaging material like metals, ceramics, glass, polymer, etc. is also expected to increase during forecast period. Single chip to chip development and planer to 3D packaging development are some of the future key development trends for the microelectronics packaging market anticipated to be observed during forecast period.

In terms of geography, the microelectronics packaging market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The microelectronics packaging market is expected to register healthy CAGR during the forecast period. Currently North America is on the lead for this technology followed by Asia Pacific and Europe. Asia-Pacific is anticipated to experience higher growth for microelectronics packaging market. In countries like China and Japan the domestic microelectronics packaging market is in a rapid growth phase

Some of the key players in the Microelectronics Packaging Market are AMETEK ECP, Teledyne Microelectronics etc.

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Flip chip technology market is driven by computing and consumer applications

The flip chip technology  market is presently experiencing a high growth due to the advancement in copper pillar and micro bumping metallurgy and its extended use in consumer electronics products and mobile phones. The most advanced packaging technologies are being served by new bumping solutions thus in turn flip chip technology is able to adapt to meet new challenges. Because of its increased performance capabilities flip chip technology has become a widely accepted technology in mid-range and high-range applications. Increasing demand for mobile-wireless, computing and consumer applications is driving the market for the flip chip technology market.

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To obtain the integration  of diverse chips 2.5D IC packaging technology and 3D IC packaging technology are becoming the typical trend these days. Consumer electronics market holds the largest market share for flip chip technology market and it is expected to grow at highest rate. Flip chip technology market is further driven by its application in automotive market and it is expected to grow at higher CAGR rate. Demand for raw materials has been significantly increased by the manufacturers producing new technologies for bumping process. This leads to the aggressive growth in this business among the raw material market players.

In terms of geography, the flip chip technology market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global flip chip technology market is expected to register healthy CAGR during the forecast period. Asia-Pacific is anticipated to be the dominant market for flip chip technology market followed by North America and Europe. The flip chip technologymarket in Asia-Pacific region is expected to grow at highest CAGR over the forecast period. Countries like China and India are major manufacturing hubs and are likely to provide abundant opportunities for the growth of the flip chip technologies.

Some of the key players in the global flip chip technology market are Amkor Technology Inc., Ase Group, Faraday Technology Corp., Flipchip International Llc, Gigpeak Inc., Globalfoundries Inc., Ibm Corp., Intel Corp etc.

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Plastic Meal Tray Market – A Comprehensive Evaluation of the Market

Today increasing number of restraints, convenience stores, food suppliers, caterers and other food suppliers including online food delivery services find advantages when they switch from traditional paperboard, Styrofoam and aluminum material trays to plastic trays. Few major cities in USA has already banned the use of Styrofoam because of their disposable problem and it is very difficult to recycle them. Many food industry players are searching for alternative for Styrofoam packaging. Plastic meal trays are the solution for them. These kind of plastic meal tray also allows vacuum and gas packaging. It is now becoming a widely excepted product because of its benefits such as easy to seal and it allows vacuum and gas packaging.

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Due to socio-economic advancement all over the world and changing lifestyle, ready and packed meals has become a widespread solution for modern people. This is acting as one the important driver for plastic meal tray market.  Demand for readily available fresh food, frozen food, dry fruits etc. is also driving plastic meal tray market. Attractive visual appearance and convenience to use are additional aspects which are expected to drive the plastic meal tray market. Moreover because of its environmental benefits recyclable plastic meal trays it is being used in college, schools and office canteens extensively. The plastic meal tray market is driven by the trend of shifting interest of consumers towards processed and specialty food.  High raw material cost in less developed countries can act as restraint for this plastic meal tray market.

In terms of geography, the plastic meal tray market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The plastic meal tray market is expected to register healthy CAGR during the forecast period. North America is anticipated to be the dominant market for plastic meal tray market followed by Asia Pacific and Europe. The market in Asia-Pacific region is expected to grow at highest CAGR over the forecast period. Countries with more population like China, India, USA etc. are likely to provide abundant opportunities for the growth of the plastic meal tray market.

Some of the key players in the plastic meal tray market are Food Packaging (GREENDALE), Sonoco Products, Pactiv LLC, Cambro etc.

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