Posts

Showing posts from April, 2020

Environmental Benefits to Influence Thermoform Packaging Market

Thermoform packaging is been used by packaging manufacturers for food products. The key drivers of global thermoform packaging market are the increase in spending by consumers for packaged food, cost-effective, environment friendly and growth in food & beverage industry. The growth in population with increasing disposable income demands packaged food products. Materials such as plastic, paper and aluminum are used for thermoform packaging. Pharmaceuticals industry contributes highest to the overall growth of the market. The market is fueled majorly by the demand arising out of Europe, especially Germany. The global  thermoform packaging market  size was valued at around USD 32 Billion in 2015. Study Objectives To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Thermoform Packaging Market To provide insights about factors affecting the market growth To analyze the Global Thermofor

The global pharmaceutical packaging market is expected to be valued at USD 1,06,202.1 million by 2023

The global pharmaceutical packaging market is expected to be valued at USD 1,06,202.1 million by 2023, with a CAGR of 6.51% during the forecast period (2018–2023). The report covers segmentations and drivers for a better glimpse of the market in the coming years. Pharmaceutical packages are used for packaging pharmaceutical products and are manufactured using materials, such as paper and glass. This type of packaging provides uniformity of the drug through different production lots and ample printing space for necessary information regarding the drug’s contents. This assures patient safety and maintains the efficiency of the drug throughout the intended shelf life by preventing contamination. Competitive Analysis Some of the prominent players in the global  pharmaceutical packaging market  are Amcor Limited (Australia) SCHOTT AG (Germany), Owens-Illinois Inc. (US), Sonoco Products Company (US), West Pharmaceutical Services, Inc. (US), WestRock Company (US), Berry Global Inc.

Europe Expected to Spearhead Global Bioplastic Packaging Market

Globally there is a surge in the food & beverages and pharmaceutical industries which has augmented the market for bioplastic packaging. With rapid urbanization and change in lifestyles, the consumption of convenience packaged food products have gone high. This results in growth of food & beverage industries. This further has stimulated the global  bioplastic packaging market . Segments Global bioplastic packaging market is segmented on the basis of Type, Application and Region.  On the basis of type it is segmented as Bio-PET, PLA & PLA blends, Bio-PP, and others. On the basis of application it is segmented as food & beverages, food service, and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World. The report for Global Bioplastic Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by v

Anti-Counterfeit Packaging Market Is Expected To Grow At A CAGR Of 12% Till 2023

It is projected that the global anti-counter packaging market will expand at a double-digit CAGR of 12% during the forecast period (2017-2023). Market Research Future (MRFR’s) study reveals that the uptake of anti-counterfeit packaging in industry verticals has been impressive in recent years. Anti-counterfeit packaging solutions are increasingly used to reduce the inflow of fake products and raise the level of authenticity of genuine products. It is the largest business of fraudulent good worldwide. This makes anti-counterfeit packaging solutions highly sought-after and valued. Demand for innovative product tracking technologies has increased significantly. Moreover, favourable policies are introduced to support the adoption of anti-counterfeit solution in various industries including pharmaceuticals and F&B. The aforementioned factors are driving the growth of the global  anti-counterfeit packaging market . Segmental Overview MRFR’s report includes a detailed segmenta

Folding Cartons Market To Be Highlighted By Surge In Organized Retailing

Cartons, made from corrugated paperboard, have been the go-to solution for several decades now. Their structural features make it an ideal packaging solution while offering a range of advantages. Consequently, product manufacturers and retailers and increasingly turning to paperboards as a means to ship, store and market their products. Folding cartons are some of the most common types of consumer packaging on the market. They are used in retail packaging to hold individual products, and they can also be used, effectively, to display and promote products so as to generate impulse buying. Global   Folding cartons Market  is expected to grow at CAGR ~3.02% from 2017 to 2023. Folding cartons are engineered and designed, and they can be given a variety of different styles. Each style can then be tailored to meet certain specifications. The cartons offer a variety of advantages such as clear and specific information about the product and allow for easy opening and re-closing packets

Increasing Purchasing Power of Consumers to Push the Global Rigid Plastic Packaging Market

The global rigid plastic packaging market is projected to garner a CAGR of 5.6% over the forecast period between 2017 and 2023. The market is driven by factors like the increasing innovation in rigid packaging and the surging consumption rate of processed foods & beverages. Add to this, the high disposable income of individuals across developing nations is slated to further accelerate the rigid plastic packaging market. However, the fluctuating nature of the raw material pricing and concerns related to recycling and environment can be major hindrance to the overall growth of the market. Segmentation The global  rigid plastic packaging market  segmentation is based in terms of material, manufacturing, product, and application. By material, the market segments into Polyvinyl Chloride (PVC) Polyethylene Terephthalate (PET), Bio plastics, Polyethylene (PE), and others. The polyethylene segment holds the highest share of the global market and as per the report published by

Plastic Caps and Closures Market Estimated To Lock An Ineffaceable Growth By 2023

Plastic Caps & Closures are extensively used as a part of packaging or containers, like bottles, cans, tubes, stand-up Pouches etc. Besides serving as access to open the container and providing protection to the product against spillage and damage; they also add elegance and reflect the exclusivity & luxury nature of the product, convey a brand’s image while establishing emotional connection with the consumer. For instance, Plastic Caps & Closures of a skincare product; are usually given the glossy surfaces through metallization processes to give it a sleek look allowing it to reflect smoothening & glowing benefits of that product. Similarly Dark and sturdy Plastic Caps & Closures are assigned to shampoo bottles to actually convey that the containing product will help hair to grow strong & thick. Accrediting the growing traction the Plastic Caps & Closures market is enjoying globally and the prominent growth prospect the market is demonstrating currently

Flexible Plastic Packaging Market To Forge Exceptional Growth With Rise In Ecommerce Globally

Flexible plastic packaging involves various types of plastic materials used for the packaging of different products. The type of material to be used in packaging depends upon the application and the type of product to be packaged. Generally, plastic materials such as Polyethylene, Polypropylene, polystyrene and polyvinyl chloride are used in flexible plastic packaging. It is thin, light, easily stretchable, and is used for packaging of food & beverage products as it protects them from oxidation as well as it extends their shelf life. The market for global flexible plastic packaging is segmented mainly based on types, printing technologies, and applications. Market categorization on the basis of product type includes Stand-Up Pouches, Flat Pouches, Gusseted, Bags and Others. On the basis of printing technology, it has been segmented as flexography, digital printing, and others. Furthermore, on the basis of applications the market of flexible plastic packaging is segmented as f

Sterile Medical Packaging Market Projected To Grow Radiantly By 2023

The Sterile Medical Packaging market is very dynamic in nature and is expected to witness high growth over the forecast period. The growth of the Sterile Medical Packaging market is influenced by growing pharmaceutical industry, increase in ageing population, and government initiative for pharmaceutical industry whereas it is hindered by the stringent regulations for packaging of medical products.   Government of India has taken various initiatives to ensure the approval, safety and marketing of quality drugs. The Central Drug Standards and Control Organization (CDSCO) provides the standards and measures for safety of the drugs, and ensures quality of the drug. It also regulates the market authorization of new drugs and approves the license for the manufacture of the drug. Due to the above regulatory bodies, there is an increase in the reliability of pharmaceutical products, which has resulted in the increased use of Sterile Medical Packaging packaging.  Segments Global 

Global Smart Labels Market to Accrete Dramatically by 2021with a Phenomenal CAGR - 2021

The growing retail sector and increased security concerns related to anti-theft are the key drivers of smart labels market. With the rapid growth of retail and manufacturing sector, the demand for smart labels has gone up in merchandise and asset tracking. This is backed by the unique features of smart labels such as re-programmability, simultaneous identification, real time tracking and usage across various industries which have led to the growth of the global smart labels market. Segments Global  smart labels market  is segmented on the basis of components, technology, application, End-use industry and region.  On the basis of technology it is segmented as RFID, electronic shelf label, sensing label, and others. On the basis of application it is segmented as electronic & IT asset, retail, perishable goods, and others. On the basis of end-use industry it is segmented as manufacturing & retail, healthcare & pharmaceuticals, automotive, FMCG, logistics, and others.

Asia Pacific to be the Leading Frozen Food Packaging Market

The market for frozen food packaging has been growing rapidly due to increased demand for packaged food, and a strong retail network in growing economies of APAC. There is a high dependency on the packaged ready to eat convenience products to save time. This is backed by the increasing urbanization, increased shelf-life of otherwise perishable products and increase in investments by packaging companies in advanced freezing techniques which has led to the growth of the  frozen food packaging market . Study Objectives To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Frozen Food Packaging Market  To provide insights about factors affecting the market growth To Analyze the Frozen Food Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc. To provide historical and forecast revenue of the market segments and sub-segments with respec

Monitored Dosage System to Affect Blister Packaging Market

Blister pack is a term for several types of pre-formed plastic packaging used for small consumer goods, foods, and for pharmaceuticals. The primary component of a blister pack is a cavity or pocket made from a formable web, usually a thermos formed  plastic. Blister packaging brings comprehensive solutions especially when drugs are packaged in blisters; adherence is improved because consumers are better able to keep track of their medications and dosing. The unit dose feature of blisters reduces the risk of incorrect  dosing, accurate dosing is further improved with compliance or calendar packs.  On a larger scale, barcodes printed on blister packs bring a significant safeguard to hospitals and nursing care facilities by facilitating a reduction in the level of error in medication distribution. According to a recent study report published by the Market Research Future, the global market for Blister packaging is estimated for a singular growth   by   2027, in terms of value and vo