#COVID-19 Impact on In-Mold Labels Market
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Impact of COVID-19 on the Rigid Packaging Market: Resilience and Adaptation
Rigid Packaging: Enhancing Product Protection and Consumer Appeal Raw Materials and Production Techniques Rigid packaging utilizes a variety of durable materials to securely contain products. Common materials include plastic, glass, metal, and wood. Plastics like polyethylene terephthalate (PET) and high-density polyethylene (HDPE) are popular due to their light weight and shatter resistance. Glass provides visibility and barrier protection but is heavier. Metal cans made of aluminum or tinplate resist denting while maintaining recyclability. Composite materials like fiberboard combine fibers like paper, paperboard, and plastic to achieve rigidity at lower costs than solid materials. Raw materials undergo fabrication processes to form rigid containers. Plastics are blow molded, injection molded, or thermoformed. Glass undergoes forming with heat before filling and sealing. Cans are produced through three-piece drawn and wall ironed or two-piece drawn, wall ironed, and sealed methods. Composite materials require lamination of layers with adhesive plus die cutting and scoring. Automated lines coordinate shaping, decorating, filling, sealing, and packaging at high speeds. Protection from Damage and Contamination Rigid packaging superbly protects products from damage caused by external forces. Plastic, glass, metal, and composite materials withstand crushing pressures and prevent breakage that could compromise contents. Rigid containers also provide tamper evidence through unbroken seals or labels. Once sealed, consumers can trust contents were not accessed until opening. Their impermeability to gases and liquids renders rigid packages ideal for preventing contamination and preserving freshness. Plastic, glass, and metal containers create absolute barriers blocking entry of air, moisture, light, and microbes that could degrade products. Composite boards further laminate layers for multi-directional strength blocking infiltration. Certain rigid containers like canned goods even allow hot filling and retort sterilization for long shelf-stable preservation without refrigeration. Graphic customization Rigid packaging facilitates protection yet also attracts attention on shelves. Vibrant graphics, photorealistic images and infographics adorn surfaces to highlight key selling points and information about contained products. Advanced printing techniques like rotogravure, flexography and digital bring designs to life in high resolution and colors. Metallic inks, foils, and dimensional effects add richness. Containers even undergo decorative processes like label wrapping and end printing. Sustainability considerations As a long-lasting package format, rigid containers prompt consideration of sustainable practices across their lifecycles. Lightweighting initiatives reduce materials while maintaining strength. Post-consumer recycled content increases in resins and boards. Mono-material structures like all-plastic or all-aluminum facilitate recycling. Reusable versions enable multiple refill cycles before disposal. Collection infrastructure improves recycling rates for rigid plastic, metal, and glass. New recycling technologies also extract value from "mixed rigid" streams. Compostable and biodegradable materials debut for select applications. Brands participate in sustainable packaging coalitions and adopt circular economy principles including design for reuse/refill. Rigid packaging manufacturers collaborate across supply chains on initiatives like carbon footprint reduction. Consumer appeal and trust Rigid containers achieve consumer appeal through protective functionality that builds quality perceptions. Contents remain cleanly enclosed and unbroken seals signal safety. Visual customization attracts eyes on shelves while communication graphics aid decisions. Stackability and sturdiness withstand distribution without destruction. Reclosability preserves freshness of partially used products.
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Branding Through Packaging: Blow Molded Plastic Industry as Marketing Tools
The global blow molded plastic industry owes its existence to the distinctive manufacturing technique of blow molding, a process commonly employed for crafting hollow plastic components. Forecasts indicate that the blow molded plastic industry is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 7.4% anticipated during the forecast period.
Within the realm of blow molding, the production of bottles takes center stage. This process entails the shaping of plastic materials using a machine-blowing method to fashion lightweight bottles, jars, and jugs, highlighting the versatility and significance of blow molded plastics in various industries.
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The blow molded plastic industry is characterized by a dynamic and evolving scenario influenced by several key trends and developments:
Diverse Applications: Blow molded plastics find applications across a wide range of industries, including packaging, automotive, construction, healthcare, and consumer goods. The versatility of this manufacturing process allows for the production of a variety of products, from bottles and containers to automotive components and industrial parts.
Sustainability: Sustainability is a major focus in the blow molded plastic industry. Manufacturers are increasingly using recyclable and eco-friendly materials to meet consumer and regulatory demands for greener packaging and products.
Customization: Blow molding offers opportunities for customization and design flexibility. Companies can create unique shapes, sizes, and designs to meet specific product requirements and branding needs.
Technological Advancements: Advancements in blow molding technology, such as multi-layer extrusion and in-mold labeling, have improved product quality, efficiency, and the overall manufacturing process.
Lightweighting: In industries like automotive and packaging, there is a strong emphasis on reducing the weight of products and components to improve fuel efficiency and reduce environmental impact. Blow molded plastics play a crucial role in achieving lightweighting goals.
Regulatory Compliance: Stringent regulations related to product safety, food contact, and environmental impact are shaping the industry. Manufacturers must adhere to these regulations, driving innovation in materials and manufacturing processes.
Supply Chain Optimization: The industry is focusing on optimizing supply chains to ensure timely and cost-effective production and delivery of blow molded plastic products.
Market Expansion: The global nature of manufacturing and supply chains is driving the expansion of blow molded plastic manufacturers to meet international demand.
Competition: The blow molded plastic industry is competitive, with numerous manufacturers and suppliers offering a wide range of products. Competition can lead to price pressures and the need for innovation.
Resilience During Pandemics: The COVID-19 pandemic highlighted the resilience of the blow molded plastic industry, as it played a crucial role in the production of medical equipment, packaging for essential goods, and other critical applications.
Overall, the blow molded plastic industry is adapting to changing market demands, technological advancements, sustainability initiatives, and regulatory requirements while continuing to provide essential solutions across various sectors.
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In-Mold Labels Market Size, Share, Growth Opportunity and Trends by Growing CAGR Till 2026
The global In-Mold Labels Market report offers a comprehensive assessment of the market for the forecast years. The report contains several segments and an analysis of the market trends and growth factors that are playing a vital role in the market. These factors encompass the drivers, restraints, and opportunities. This globe industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.
The key market players for the global In-Mold Labels market are listed below:
Huhtamaki Group
CCL Industries
Multi-Color
Yupo
Innovia
Smyth
Korsini
Avery Dennison
Berry
Vibrant Graphics
Shanghai Hyprint
Inland Packaging
Xiang In Enterprise
WS Packaging Group
UPM Raflatac
Henrianne
Shenzhen Kunbei
Others
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The Global In-Mold Labels Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.
COVID-19 Impact Analysis on In-Mold Labels Market
The global pandemic COVID-19 has affected the In-Mold Labels market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the In-Mold Labels industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.
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Why Purchase this Report?
A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.
The report gives a holistic view of the competitive scenario of the In-Mold Labels market
The latest product launches along with technological changes and development are covered in the report.
The data analysis in the report helps in understanding the anticipated In-Mold Labels market dynamics from 2021 to 2026.
DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.
The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.
The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision.
To better understand the market scenario, the In-Mold Labels market is segmented as below:
By Types:
Injection Molding In-Mold Labels
Blow Molding In-Mold Labels
Thermoforming IML Processes In-Mold Labels
By Applications:
Food
Beverage
Daily Chemicals
Petrochemical Products
Others
By Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
The Middle East and Africa (Turkey, GCC, Rest of Middle East)
The content of the study subjects includes a total of 14 chapters:
Chapter 1: To describe In-Mold Labels product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of In-Mold Labels, with price, sales, revenue, and global market share of In-Mold Labels in 2018 and 2019. Chapter 3: The In-Mold Labels competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The In-Mold Labels breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and In-Mold Labels market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe In-Mold Labels sales channel, distributors, customers, research findings and conclusion, appendix, and data source.
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#In-Mold Labels Market#In-Mold Labels Market Size#In-Mold Labels Market Growth#In-Mold Labels Market Trends#In-Mold Labels Market Forecast#Global In-Mold Labels Industry Report#In-Mold Labels Market Analysis#COVID-19 Impact on In-Mold Labels Market#In-Mold Labels Market Factors#In-Mold Labels Market Demand
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Paper Release Liners Market Insights by 2031 & Covid-19 Analysis | 3M Company, Ahlstrom-Munksjo Oyj, Eastman Chemical Company
Global Paper Release Liners Market report from Global Insight Services is the single authoritative source of intelligence on Paper Release Liners Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A paper release liner is a thin paper sheet that is coated on one or both sides with a release agent. The release agent allows the liner to be easily released from a sticky surface. Release liners are used in a variety of applications, including pressure-sensitive adhesives, labels, and tape.
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Key Trends
The paper release liner industry has seen a few key trends in recent years. One is the move towards lighter weight papers. This is driven by both cost and environmental considerations.
Another trend is the use of more recycled content in paper. This is also driven by cost and environmental concerns.
And finally, there is a trend toward more specialty papers. This is driven by the need for release liners that have specific properties for specific applications.
Key Drivers
The key drivers of Paper Release Liners market are the increasing demand for paper release liners from various end-use industries and the growing preference for paper release liners over other release liners.
The paper release liners market is driven by the increasing demand from various end-use industries such as food & beverage, healthcare, personal care, and others. The paper release liners are widely used in these industries for packaging applications.
Market Segmentation
By Substrate
Poly-coated Paper
Silicone-coated Paper
Glassine
Clay-coated Paper
By Labelling Technology
In-mold
Pressure Sensitive
Adhesive Applied
Sleeving
By Application
Graphic Arts
Labels
Automotive
Others
By Region
North AmericaThe U.S.
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Key Players
3M Company
Ahlstrom-Munksjo Oyj
Eastman Chemical Company
Gascogne Group
Lintec Corporation
Loparex
Mondi Group
Polyplex Corporation Ltd.
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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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In-Mold Labels Market size See Incredible Growth during 2030
Description
The global In-Mold Labels Market is expected to reach USD XX million by 2030, registering a CAGR of XX% during the forecast period. Due to the high popularity of this product/service in North America and Asia, the growth trend of In-Mold Labels in recent years and the growth of consumers' demand is expected to drive the global In-Mold Labels Market.
Regional Research Reports recently published this report by considering the new market trends and analyzing the maximum untapped opportunities one company can cater to in the coming years. This market research study elaborates the market size, share, growth, market characteristics, competitor pricing, company share, market trends, and opportunities in the In-Mold Labels industry, and breaks down according to the type, application, and consumption area of In-Mold Labels. The report also conducted a Porter's five forces analysis, PESTEL analysis, SWOT analysis, regulatory landscape, and prominent buyers of the industry to study the main influencing factors and entry barriers of the industry.
The In-Mold Labels Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
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This report contains market size and forecasts of In-Mold Labels in global, including the following market information:
Global In-Mold Labels Market Revenue, 2018-2021, 2022-2030, (US$ Millions)
Global top five In-Mold Labels companies in 2021 (%)
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for In-Mold Labels in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19. Additionally, the chapters 8-12 are specifically including the COVID-19 impact on each regional economy mentioned in the research study.
Regional Research Reports has surveyed the In-Mold Labels manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global In-Mold Labels Market, By Type, 2018-2021, 2022-2030 (US$ Millions)
Global In-Mold Labels Market Segment Percentages, By Type, 2021 (%)
Injection Molding In-Mold Labels
Blow Molding In-Mold Labels
Thermoforming IML Processes In-Mold Labels
Global In-Mold Labels Market, By Application, 2018-2021, 2022-2030 (US$ Millions)
Global In-Mold Labels Market Segment Percentages, By Application, 2021 (%)
Food & Beverage
Daily Chemicals
Petrochemical Products
Others
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Global In-Mold Labels Market, By Region and Country, 2018-2021, 2022-2030 (US$ Millions)
Global In-Mold Labels Market Segment Percentages, By Region and Country, 2021 (%)
North America
Europe
Asia
South America
Middle East & Africa
US
Canada
Mexico
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
Brazil
Argentina
Rest of South America
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides an analysis of leading market participants, including:
Key companies In-Mold Labels revenues in global market, 2018-2021 (Estimated), (US$ Millions)
Key companies In-Mold Labels revenues share in global market, 2021 (%)
Key companies In-Mold Labels sales share in global market, 2021 (%)
Report Analysis: https://www.regionalresearchreports.com/industry-reports/in-mold-labels-market/ES-1245
Further, the report presents profiles of competitors in the market; key players include:
Constantia
Multi-Color
Innovia
CCL Industries
Avery Dennison
Korsini
Yupo
Huhtamaki Group
Berry
Smyth
Inland Packaging
UPM Raflatac
EVCO Plastics
WS Packaging Group
Vibrant Graphics
Xiang In Enterprise
Shenzhen Kunbei
Shanghai Hyprint
Henrianne
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Glass Bottles Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2021-2031
With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 at a CAGR of over 5%.
The COVID-19 pandemic has brought the pharmaceutical, manufacturing, logistics, and packaging companies together to deliver the vaccines worldwide. Many COVID vaccines have been approved globally, and 150 + further vaccines are still in clinical trials.
Glass as a primary packaging material will play an essential role in the global vaccine supply chain. Packaging companies are working hard to prevent bottlenecks and shortages. For the vaccine packaging, type I borosilicate molded glass has emerged as a preferred material.
Glass bottles are chemically inert and are highly resistant to enzymes. Consequently, type 1 bottles are ideal to store and deliver vaccines across the globe.
The unprecedented surge in demand for vaccines has pushed manufacturers to increase production capacities to keep up with the supply demand gap. Key players of glass bottles such as Gerresheimer AG and SGD S.A. are committed to supplying type I borosilicate moulded glass vials to meet requirements arising during the crisis.
Key Takeaways from Glass Bottles Market
Type I grade glass bottles are expected to hold more than 50% of the value share owing to applications in storing strong solutions, acids, and alkalis.
Consumption of the 501-1000 ml glass bottles is expected to reflect relatively larger volumes, with notable demand from the beverage industry.
The U.S. is a prominent regional market, accounting for more than 84% of sales in North America owing to a mature food and beverage and pharmaceutical sector.
Germany currently holds the lead in Europe accounting for nearly a fourth of all regional sales in2021.
China accounts for more than 45% of the value share in East Asia, while Japan and South Korea will make small gains in the upcoming decade.
“A significant rise in the use of glass bottle packaging in the food and beverages industry owing to changes in consumer's preferences has generated demand. In addition, Type I borosilicate molded glass vials sales will consistently surge amid the Covid-19 pandemic. As a result, customer-centric, branded and affordable glass bottle offerings will drive developments through 2031” says an FMI analyst.
Customization Efforts to Reinforce the Demand for Glass Bottles
Customization details in the glass bottle industry are increasingly being made using 3D blueprints. Even labels and lids are designed using 3D technology. Manufacturers have come up with digital printing technologies for printing on glass bottles.
Glass bottles can be customized according to their shape, choice of finish, color, and design. The customization reinforces brand image, and helps in information dissemination to the consumer. Customization will make help the brands stand out from their competitors.
Impact of COVID-19 on the Glass Bottles Market
The ongoing COVID-19 pandemic has affected all the sectors. Pharmaceutical companies have leveraged key opportunities during the pandemic as the increased demand for glass vials for medical purposes will drive short-term revenue generation.
Glass bottle companies have been designated as essential services due to their role in food and beverage and pharmaceutical products. Also, glass bottles are regarded as safe packaging for food items; hence the demand for the glass bottles market has recovered and remained relatively consistent.
Across the globe, alcohol consumption has suffered due to lockdown and travel restrictions. However, online sales and relaxation of regulations, has helped to partially mitigate losses through home delivery services.
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https://www.futuremarketinsights.com/reports/glass-bottles-market
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Automotive Labels Market 2023 | Business Opportunity, Growth Strategies & Forecast Report By 2028
The Automotive Labels Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Automotive Labels industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the Global and regional segments.
Base Year: 2021
Estimated Year: 2022
Forecast Till: 2023 to 2028
The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.
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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Automotive Labels market. The impact is closely studied in terms of production, import, export, and supply.
The report covers the complete competitive landscape of the Worldwide Automotive Labels market with company profiles of key players such as:
3M Company
Adhesive Research, Inc.
Avery Dennison Corporation
CCL Industries, Inc.
Dunmore
H.B. Fuller
Imagetek Labels
Lewis Label Products
Sika AG
UPM Raflatac
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Automotive Labels Market Analysis by Type:
Warning & Safety Labels
Branding Labels
Dome Labels
Asset Labels
Others (Inventory Tags, VIN Labels, And Nameplates)
Automotive Labels Market Analysis by Raw Material:
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Polyurethane (PU)
Polycarbonate (PC)
Others (Paper & Paperboard And Metal)
Automotive Labels Market Analysis by Identification Technology:
RFID
Barcode
Hologram
Others (Color Coding)
Automotive Labels Market Analysis by Printing Technology:
Flexography
Offset
Digital Printing
Screen Printing
Others (Letterpress And Gravure Printing)
Automotive Labels Market Analysis by Mechanism:
Pressure-Sensitive
Glue-Applied
Heat Transfer
In-Mold
Others (Wrap Around)
Automotive Labels Market Analysis by Applications:
Exterior Labels
Interior Labels
Engine Component Labels
Others (Mechanical Automotive Components Except Engine Parts)
Automotive Labels Market Analysis by Geography:
North America (USA, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)
Key questions answered in the report:
What is the expected growth of the Automotive Labels market between 2023 to 2028?
Which application and type segment holds the maximum share in the Global Automotive Labels market?
Which regional Automotive Labels market shows the highest growth CAGR between 2023 to 2028?
What are the opportunities and challenges currently faced by the Automotive Labels market?
Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?
What business strategies are the competitors considering to stay in the Automotive Labels market?
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DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.
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#Automotive Labels Market#Automotive Labels Market Report#Automotive Labels Market Size#Automotive Labels Market Share#Automotive Labels Market Growth
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Food Packaging Technology and Equipment Market Major Players with Report Data 2028
Reports and Data sheds light on the market scope, potential, and performance perspective of the Global Food Packaging Technology and Equipment Market by carrying out an extensive market analysis. The global Food Packaging Technology and Equipment market report is designed to offer a holistic understanding of the market structure including the historical, existing, and predictions for the estimated growth of the market in the forecast period. The study offers precise assessments and projections for the market value, share, production capacity, demand, and growth of the industry in the forecast period by the year 2028.
Major Companies Profiled In The Report:
WestRock, Amcor Limited, Tray Pak Corporation, and Lacerta Group, Inc.. Followed by regulatory agencies (such as the Uniform Packaging and Labeling Regulations, the Federal Food, Drug, and Cosmetic Act, and the Fair Packaging and Labeling Act (FPLA)) and R&D teams. The manufacturing segment includes companies such as DS Smith Plc, Constantia Flexibles GmbH, Sonoco Products Company, Anchor Packaging, Tekniplex Inc., G. Mondini SpA, and Display Pack Inc., Novartis, BASF, Archer Daniels Midland and Others. Get the sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/4420
The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
For the purpose of this report, global Food Packaging Technology and Equipment market is segmented on the basis of product type, material, application, end-use, and region: Product Type Outlook (Revenue, USD Billion; 2018-2028)
Pressure-sensitive Label
Glue-applied Label
Sleeve Label
In-mold Label
Others
Material Outlook (Revenue, USD Billion; 2018-2028)
Paper
Polymer Film
Others
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Instructional Label
Decorative Label
Functional Label
Promotional Label
Others
End-use Outlook (Revenue, USD Billion; 2018-2028)
Hospitals
Pharmaceutical Factories
Others
The key geographical regions analyzed in the report are:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Ask for discount@ https://www.reportsanddata.com/discount-enquiry-form/4420 COVID 19 Impact Analysis:
The global Food Packaging Technology and Equipment market report offers information and expansive coverage of the current scenario in the market, including impact and changes resulting from the COVID-19 pandemic and emergence of variants of the virus.
The virus outbreak and social distancing norms and restrictions severely disrupted the overall business landscape and operations worldwide.
Both negative and positive impacts of the COVID-19 pandemic have been analyzed and details provided in the report.
COVID-19 pandemic and lockdowns have resulted in several countries shutting down airports, ports, and commercial and domestic transportation. This had impacted manufacturing activities and operations globally and took a toll on the economy of various countries.
Complete country-wide lockdowns and partial lockdowns had major impact on demand-side and supply-side on the manufacturing sector.
Sudden and drastic downturn in economic activity caused a slowdown in production and also resulted in employment loss to a major extent.
Supply impacts were further compounded due to challenges on the demand-side owing to reduced disposable income, depleting savings, and increased concerns and uncertainties.
The initial impact of the second wave hit small businesses and retailers the hardest owing to liquidity crunches and stretched working capital.
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Sorbic Acid Market is anticipated to expand at a CAGR of ~5%
Clearance from FDA and Regulatory Bodies as ‘Safe to Use’ Product to Increase Consumption
The demand for sorbic acid has witnessed a gradual rise over the past few decades from several industrial domains. The growing interest in organic and natural acids is one of the primary factors expected to boost the growth of the sorbic acid market in the upcoming years. As new trends and consumer preferences garner momentum worldwide, the adoption of sorbic acid, particularly in the food & beverages industry has surged at a steady pace. While the food & beverages industry is projected to provide a safe haven for the players involved in the sorbic acid market, other industrial domains, including cosmetics & personal care, pharmaceutical, animal feed, and chemical are projected to provide lucrative opportunities.
The increasing adoption of sorbic acid as a food preservative is expected to provide considerable boost to the market for sorbic acid during the assessment period. Moreover, as the FDA has classified sorbic acid as ‘safe for regular use’, the demand has consistently moved in the upward trajectory. The growing demand for ‘clean label’ food products is another factor that is expected to propel the growth of the global sorbic acid market in the upcoming decade. At the back of these factors, the global sorbic acid market is anticipated to surpass the market value of US$ 700 Mn by the end of 2030.
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Growing Adoption as Food Preservative to Boost Market Growth
The food & beverages industry is expected to remain the primary end-use industry of sorbic acid. Over the past couple of decades, natural acids, including propionic, sorbic, and benzoic acid are increasingly being used as preservatives in the food industry. Sorbic acid is also naturally present in a range of food and beverages such as cheese, wine, fish, meat, pastries, etc. The increasing demand for sorbic acid salts is another key factor likely to have a direct impact on the demand for sorbic acid.
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The favorable soluble properties of sorbic acid salts are one of the primary factors due to which, the demand for sorbic acid salts is currently increasing in comparison with that of sorbic acid, especially in the food & beverages industry. While sorbic acid salts continue to gain worldwide popularity, sorbic acids have emerged as the primary preservative in food applications due to the ideal antimicrobial activity and ability to inhibit the growth of molds, bacteria, and yeast. Innovations and research activities across the food & beverages industry pertaining to different ingredients is another major factor estimated to widen the application area of sorbic acid during the assessment period.
While the food & beverages industry is likely to remain at the forefront in terms of demand, the adoption of sorbic acid in the manufacturing of personal care and cosmetic products is also on the rise– a factor that is expected to propel the global sorbic acid market. Sorbic acid is increasingly being used in the formulation of the eye and facial makeup and a range of hair and skincare products.
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Demand for Sorbic Acid to Remain Steady amid COVID-19 Pandemic
The global sorbic acid market is slated to expand at a steady pace during the COVID-19 pandemic. Although the demand for sorbic acid is expected to drop in comparison with that in 2019, the COVID-19 pandemic is likely to have a short-term impact on the market growth. The demand for sorbic acid from the food & beverages sector continues to remain a major driving factor for the market during the ongoing COVID-19 crisis.
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In addition, research and development activities are projected to continue during the pandemic, as governments in several nations have exempted research and development activities from lockdown policies. Moreover, the packaging sector has emerged as one of the key end-use industries of sorbic acid, as the demand for antimicrobial packaging films made from sorbic acid-based coating has surged in 2020. Anti-microbial packaging films with sorbic acid-based coatings have emerged as a promising packaging alternative – a trend that is anticipated to gain considerable momentum in the upcoming years.
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Food Safety Testing Market to Showcase Continued Growth in the Coming Years
The market for food safety testing is estimated to be USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026. The growth in the food safety testing market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply. Lack of coordination between market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing countries act as restraints for the food safety testing market. The challenges faced by the market include a lack of harmonization of food safety standards and high costs associated with the procurement of food safety testing equipment. COVID-19 Impact on the Global Food Safety Testing Market The COVID-19 pandemic is projected to have a significant impact on the food market, as it has highlighted the significance of safe, healthy, and nutritive eating. Food security, food safety, and food sustainability are recognized as strongly affected dimensions of food systems during the Covid-19 pandemic. The use of e-commerce to order deliveries of groceries and restaurant meals has risen sharply. Restaurant operators with established drive-thru and pick-up operations have fared much better than those competitors without. Sharp shifts in consumer behavior related to the food they consume were observed, with a higher preference for safety and quality. These have further propelled the manufacturers to assess the safety parameters of their food products to be able to sustain their product values in the market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=365 Foodservice buyers worldwide have been affected tremendously by foodborne illnesses among consumers, and this has directed their attention toward obtaining certification of food safety assurance. Food manufacturers are willing to pay for testing and certification and have included this practice in their manufacturing cycles. Food companies, major retailers, and importers have been undertaking food safety testing to reduce the occurrence of foodborne diseases and legal conflicts as well. Food safety assurance has become important for food companies to comply with the global standards of food processing and labeling and meet the consumer demand for food safety. Food safety testing is conducted at critical levels of production and works as an essential step in certifying the quality and safety of food items served to customers. In the US, food recalls occur frequently. As a result, food production, food service, and food retail companies, together with government regulators, have increased efforts to ensure food safety, leading to the growth of the food safety testing market. Europe is estimated to be the largest market. The market in this region is primarily driven by growth in the German and UK markets. It is also driven by European food policies that have been extensively emphasized by the National Reference Laboratories (NRLs) and the European Reference Laboratories (EURLs) to maintain food standards and protect consumer health. The market is further fueled by the presence of major food safety testing companies such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), and Intertek Group plc (UK), which are continuously investing and collaborating for the development of better and faster testing technologies to aid conformity to various food safety regulations. The food safety testing market is dominated by few globally established players such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia) and TÜV SÜD (Germany). These players have adopted growth strategies such as acquisition and agreements to increase their presence in the global market. SGS SA primarily offers inspection, verification, testing, certification, and quality assurance services. The company has nine business segments—consumer & retail; agriculture food & life; oil, gas & chemical; minerals; industrial; government & institution; transportation; certification & business enhancement; and environmental health & safety. It offers food safety testing through its agriculture food & life segment. The company operates through a network of more than 2,400 offices and laboratories across Europe, the Middle East, the Americas, Africa, and the Asia Pacific. With its strong presence, the company has established a strong market share and is identified as a strong player in the global food testing market. Its subsidiaries include SGS North America Inc. (US), SGS Germany GmbH (Germany), SGS India Private Ltd (India), and SGS United Kingdom Limited (UK). Major competitors of the company include Eurofins (Luxembourg), Intertek (UK), and Bureau Veritas (France), among others. Eurofins is an international group of laboratories that provide testing and support services to the pharmaceutical, food, environmental, agricultural, and consumer products industries and governments. The company capitalizes on a portfolio of 150,000 reliable analytical methods that enable it to offer services that characterize the safety, identity, purity, composition, authenticity, and origin of products & biological substances. It offers testing services through the following 13 divisions—food & feed testing, biopharma services, agroscience services, agro testing, clinical diagnostics, cosmetics testing, consumer product testing, forensic services, environmental testing, genomic services, medical devices, Eurofins technologies, and REACH services. It offers food testing services under its food & feed testing division. Food Safety Testing Market Dynamics Driver: Increase in global outbreaks of foodborne illnesses Incidences of foodborne illnesses occur primarily due to the consumption of food contaminated with a mycotoxin, pathogens, or the growth of yeasts and molds. The presence of pathogens such as Salmonella, Campylobacter, E. coli, and Listeria could compromise the microbiological safety of food, thereby resulting in foodborne illnesses. Furthermore, in the UK, around 1 million people suffer from foodborne illness, and nearly 20,000 people receive medical treatment for foodborne illnesses every year. Additionally, around 500 death cases have been reported due to food poisoning each year, costing close to USD 2.0 billion. Thus the market for food safety testing is steadily growing. Restraint: Complexity in testing techniques Existing technologies for food authenticity testing involve various difficulties in providing valid test results. Many chemical tests are unable to detect and quantify unknown adulterations. Other screening methods available in the laboratories are reported to have shortcomings in detecting and quantifying unknown adulterants. Thus many market players are investing into R&D inorder to develop more efficient and effective technologies. Opportunity: Technological advancements in the testing industry The focus on reducing lead time, sample utilization, cost of testing, and drawbacks associated with several technologies have resulted in technological innovation and the development of new technologies in spectrometry and chromatography. Wide-scale adoption of these technologies is an opportunity for medium- and small-scale laboratories to expand their service offerings and compete with large market players in the industry, as these technologies offer higher sensitivity, accuracy in results, reliability, multi-contaminant and non-targeted screening with low turnaround time, among other benefits. Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=365 Challenge: Lack of harmonization of food safety standards Neither ingredient suppliers nor retailers or food service companies are well served when duplicative standards and audits raise total costs for food certification without enhancing or ensuring the overall safety of food. Industrial experts have often suggested uniform and harmonized food safety standards to reduce the multiplicity of food laws for better efficiency. To eliminate the duplication and overlap among the multiple standards, government and private-sector stakeholders should work together to create transparent and uniform food certification standards.
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Pharmaceutical Labeling Market | Analytical Overview, Growth Factors, Demand and Trends by 2028
The Global Pharmaceutical Labeling Market Report contains essential details of the industry, intended to help the customers identify the optimum approaches to get ahead in the market and make well-informed decisions. An extensive overview of the global sector included in the report examines vital market information to forecast the growth of the market in the forecast duration. The CAGR of the market for the coming years to 2026 has been estimated based on a detailed assessment of the market with authentic and relevant information pertaining to the different segments of the sector. The driving and restraining factors prevailing in the industry have been studied to predict their impact on the growth of the Pharmaceutical Labeling market in the coming years.
The report includes the latest coverage of the impact of COVID-19 on the Pharmaceutical Labeling industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.
Major Companies Profiled In The Report:
3M Company (MMM)
Avery Dennison Corporation (AVY)
Bemis
Advanced Labels,
Edwards Label
Jet Label
Consolidated Label
Axon
Clabro Label
Classic Label
Maverick Label
Metro Label
Progressive Label
MCC Label
Mercian Labels
Taylor Label
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The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
For the purpose of this report, global pharmaceutical labeling market is segmented on the basis of product type, material, application, end-use, and region: Product Type Outlook (Revenue, USD Billion; 2018-2028)
Pressure-sensitive Label
Glue-applied Label
Sleeve Label
In-mold Label
Others
Material Outlook (Revenue, USD Billion; 2018-2028)
Paper
Polymer Film
Others
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Instructional Label
Decorative Label
Functional Label
Promotional Label
Others
End-use Outlook (Revenue, USD Billion; 2018-2028)
Hospitals
Pharmaceutical Factories
Others
The key geographical regions analyzed in the report are:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Ask for discount@ https://www.reportsanddata.com/discount-enquiry-form/4382 The factors which affect the market are meticulously studied in the report:
Estimation of the total size of the market and the key trends it has projected over the years.
Examination of the market based on the range of products, applications, and market shares.
Analysis of the market on the basis of end-users and applications and focus on the growth rate of each application.
The reasons to buy the Pharmaceutical Labeling Market Report are:
Present scenario of the market and accurate speculation of the future trends are provided in the report.
Proper explanations using segmentation and thus increasing comprehensibility.
Regions that exhibit promising growth in the coming years.
Meticulous studying of different strategies employed by the key players in the Pharmaceutical Labeling market.
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Powder Sorbic Acid Market cross US$ 700 Mn by 2030
Clearance from FDA and Regulatory Bodies as ‘Safe to Use’ Product to Increase Consumption
The demand for sorbic acid has witnessed a gradual rise over the past few decades from several industrial domains. The growing interest in organic and natural acids is one of the primary factors expected to boost the growth of the sorbic acid market in the upcoming years. As new trends and consumer preferences garner momentum worldwide, the adoption of sorbic acid, particularly in the food & beverages industry has surged at a steady pace. While the food & beverages industry is projected to provide a safe haven for the players involved in the sorbic acid market, other industrial domains, including cosmetics & personal care, pharmaceutical, animal feed, and chemical are projected to provide lucrative opportunities.
The increasing adoption of sorbic acid as a food preservative is expected to provide considerable boost to the market for sorbic acid during the assessment period. Moreover, as the FDA has classified sorbic acid as ‘safe for regular use’, the demand has consistently moved in the upward trajectory. The growing demand for ‘clean label’ food products is another factor that is expected to propel the growth of the global sorbic acid market in the upcoming decade. At the back of these factors, the global sorbic acid market is anticipated to surpass the market value of US$ 700 Mn by the end of 2030.
Request a sample to get extensive insights into the Sorbic Acid Market
Growing Adoption as Food Preservative to Boost Market Growth
The food & beverages industry is expected to remain the primary end-use industry of sorbic acid. Over the past couple of decades, natural acids, including propionic, sorbic, and benzoic acid are increasingly being used as preservatives in the food industry. Sorbic acid is also naturally present in a range of food and beverages such as cheese, wine, fish, meat, pastries, etc. The increasing demand for sorbic acid salts is another key factor likely to have a direct impact on the demand for sorbic acid.
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The favorable soluble properties of sorbic acid salts are one of the primary factors due to which, the demand for sorbic acid salts is currently increasing in comparison with that of sorbic acid, especially in the food & beverages industry. While sorbic acid salts continue to gain worldwide popularity, sorbic acids have emerged as the primary preservative in food applications due to the ideal antimicrobial activity and ability to inhibit the growth of molds, bacteria, and yeast. Innovations and research activities across the food & beverages industry pertaining to different ingredients is another major factor estimated to widen the application area of sorbic acid during the assessment period.
While the food & beverages industry is likely to remain at the forefront in terms of demand, the adoption of sorbic acid in the manufacturing of personal care and cosmetic products is also on the rise– a factor that is expected to propel the global sorbic acid market. Sorbic acid is increasingly being used in the formulation of the eye and facial makeup and a range of hair and skincare products.
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Demand for Sorbic Acid to Remain Steady amid COVID-19 Pandemic
The global sorbic acid market is slated to expand at a steady pace during the COVID-19 pandemic. Although the demand for sorbic acid is expected to drop in comparison with that in 2019, the COVID-19 pandemic is likely to have a short-term impact on the market growth. The demand for sorbic acid from the food & beverages sector continues to remain a major driving factor for the market during the ongoing COVID-19 crisis. In addition, research and development activities are projected to continue during the pandemic, as governments in several nations have exempted research and development activities from lockdown policies. Moreover, the packaging sector has emerged as one of the key end-use industries of sorbic acid, as the demand for antimicrobial packaging films made from sorbic acid-based coating has surged in 2020. Anti-microbial packaging films with sorbic acid-based coatings have emerged as a promising packaging alternative – a trend that is anticipated to gain considerable momentum in the upcoming years.
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Analysts’ Viewpoint
The global sorbic acid market is expected to expand at a moderate CAGR of ~5%, in terms of value, during the assessment period. The market growth is primarily driven by the growing adoption of sorbic acid as a preservative in food applications, and increasing demand for natural and clean label preservatives. In addition, rising adoption of sorbic acid in the manufacturing of personal and cosmetic products is another major factor that will provide a boost to the sorbic acid market in the upcoming years. Market players should focus on improving the functional characteristics of sorbic acid and increasing their production capacity to gain a competitive edge.
Sorbic Acid Market: Overview
In terms of value, the sorbic acid market is expected to cross US$ 700 Mn by 2030
Rise in demand for sorbic acid, owing to its wide applicability in food & beverages and pharmaceutical applications is anticipated to boost the global sorbic acid market during the forecast period
Food & beverages is projected to be a highly lucrative application segment of the global sorbic acid market in the near future
Sorbic Acid Market: Key Drivers and Restraints
In the pharmaceutical industry, many of the ingredients used in formulations have the ability to promote microbial growth. Such formulations are susceptible to unwanted contamination. Antimicrobial agents or preservatives are added to formulations to prevent contamination. Preservatives protect products against microbial proliferation. Sorbic acid and its salt and potassium sorbate are antimicrobial agents often used as preservatives in medicines to prevent the growth of microorganisms. They are used in a wide range of medicines, including Biaxin 500 mg and Clarithromycin 250 mg. Therefore, increase in demand for sorbic acid, owing to their extensive use in the pharmaceutical sector is expected to drive the global sorbic acid market during the forecast period.
The global pharmaceutical industry has been expanding. According to India Brand Equity Foundation (IBEF), the domestic pharmaceutical market turnover reached US$ 20.03 Bn in 2019 from US$ 18.12 Bn in 2018, exhibiting an increment of 9.8%. The Government of India is also taking initiatives to promote the pharmaceutical sector in the country. For instance, India plans to set up a nearly US$ 1.3 Bn fund to provide boost to companies to manufacture pharmaceutical ingredients domestically by 2023. Therefore, growth in the pharmaceutical sector is anticipated to propel the demand for preservatives such as sorbic acid, as it helps prevent the growth of microorganisms. This is estimated to boost the global sorbic acid market.
In rare cases, consumption of sorbic acid tends leads to side effects. In some cases, allergic contact dermatitis occurs when a cosmetic cream containing sorbic acid is applied on the skin. In extremely rare cases, toxic reactions to sorbic acid occur when handling it in its pure, undiluted form. This is expected to restrain the sorbic acid market during the forecast period.
Sorbic Acid Market: Major Forms
Based on form, the global sorbic acid market has been bifurcated into powder and encapsulated
Powder is expected to remain the high-value form segment of the global sorbic acid market in the near future. This trend is anticipated to continue during the forecast period. The encapsulated segment of the global sorbic acid market has been expanding at a sluggish pace since the last few years. Its CAGR is anticipated to remain stagnant during the forecast period.
Sorbic Acid Market: Prominent Applications
Based on application, the global sorbic acid market has been divided into food & beverages, animal feed, pharmaceuticals, cosmetics, chemical production, and others
The food & beverages segment is estimated to dominate the global sorbic acid market during the forecast period. Sorbic acid is used as a preservative in a wide range of food and beverages, including dairy, meat, fish, vegetables, fruits, bakery, emulsions, wine, and fruit drinks. Advantages of sorbic acid in food and beverages include broad antibacterial spectrum of activity; lack of effect on organoleptic properties of food; good activity in less acidic conditions (compared to propionate or benzoate), and safety.
North America to be Highly Lucrative Region of Sorbic Acid Market
In terms of demand, the U.S. has been a lucrative country of the global sorbic acid market since the past few years. The country accounts for more than 85% share of the sorbic acid market in North America.
North America is estimated to dominate the global sorbic acid market during the forecast period. The U.S. Food and Drug Administration considers sorbic acid to be safe for regular usage, as it is not linked to cancer or other major health issues. Some people can be allergic to sorbic acid, but reactions are typically mild and consist of light skin itching.
Sorbic Acid Market: Competition Landscape
Key manufacturers operating in the global sorbic acid market include –
Celanese Corporation
Wanglong Tech Co., Ltd.
Sorbic International PLC
Daicel Nanning Food Ingredients Co., Ltd.
Nantong Acetic Acid Chemical Co., Ltd.
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Phenolic Resins Market Overview, Demand, Global Industry Share, COVID-19 Analysis and Growth 2027
Phenolic Resins Market Overview
Phenolic resins are synthetic polymers which are formed by step-growth polymerization. They are known for their outstanding heat resistance and belong to the category of thermo set resins. Phenolic resins find their application in a myriad of industrial products. Phenolic resins are used in molding, insulation, laminated veneer lumber, laminates, sand binders, coatings, foams, abrasives and others.
They are widely used as wood adhesives owing to high bonding strength, heat resistance, excellent water resistance and chemical stability. Being relatively inexpensive and highly versatile, they are used intensively in automotive, electrical, construction and appliance industries. Some features typical of phenolic resins are high strength level, high mechanical stability, excellent fire, and smoke, and low toxicity, superior electrical and thermal insulating capabilities which are driving the market. Market Research Future (MRFR), projects that the global phenolic resins market will grow steadily during the forecast period 2015-2027. Increasing application of phenolic resins in end-user industries has contributed to the growth of the market.
Growing R&D activities and increased customization offer lucrative growth opportunities. Increasing demand for phenolic resins in aerospace, transportation and automotive industry has further driven the growth of the market. Due to its versatile nature, more and more industries are trying to integrate phenolic resins into their products to improve their performance. However, environmental regulations regarding formaldehyde emissions might hamper the growth of the market. Phenolic resins are made up of phenol which is a petroleum-based product. Declining fossil fuel reserve coupled with the high price of petroleum might constrain the use of phenolic resins. Furthermore, fluctuations in the price of raw materials, threat from alternatives, high manufacturing, and processing and production costs are major hindrances to the market.
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Segmentation
The global phenolic resins market has been segmented based on types and applications. By types, the market has been segmented into novolacs and resoles and by applications, the market has been segmented into automobiles, construction, wood adhesives, laminates, molding and others.
Regional Analysis
The North America market for phenolic resins is estimated to propel owing to increased industrial activity, rebounding housing activities, and developing applications of phenolic resins in the motor vehicle market in the region. Asia-pacific market for phenolic resins is expected to grow considerably during the forecast period owing to ongoing industrialization and rapid constructional and infrastructural activities in developing economies. The Europe market too is favorable for phenolic resins owing to factors such as well-established infrastructure, availability of skilled workforce, high level of economic stability, investment in R&D, however, the market can be influenced due to shift in base of industries from Europe to emerging economies like Asia. The Middle East & Africa market is not so consolidated due to poor socio-economic conditions and a lack of skilled workforce.
Competitive Landscape
The global market for phenolic resins is highly competitive and fragmented with a large number of players operating in the industry. Hitachi Chemical, BASF, DIC Corporation, Georgia Pacific Chemicals, Kolon Industries, Mitsui Chemicals, SI Group, Georgia Pacific Chemicals, Sumitomo Bakelite and others are the major players operating in the industry. The existing market participants are implementing various strategies such as collaboration, partnerships, product launches and mergers to gain substantial competitive edge over other players.
Industry Trends/Updates
Researchers have come up with a new application of phenolic resins for printing purposes of cash register receipts, tickets and labels. They would be used an alternative to bisphenol A (BPA) which has hazardous health effects.
Growing introduction of carbon nanofibres in phenolic resins for carbon-contained refractory- Carbon nanofibers, due to their superior mechanical and thermal properties are finding novel applications in various industries including phenolic resins industry.
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Global Automotive Labels Market: Overview with Detailed Analysis and Competitive Landscape, Forecast till 2025
Market Overview
The Global Automotive Labels Market is foreseen to experience a fall from USD XX billion in 2020 to USD XX billion in 2021 at a CAGR of XX%. The descent is primarily the result of economic decline across countries unsettled due to ongoing Coronavirus outbreak, including controlling it. Thereafter, the Automotive Labels market is likely to restore and expand at a CAGR of XX% from 2021, stretching up to USD XXX billion in 2025.
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The research document comprises market traits, opportunities, industry size, fragmentation, territorial breakdowns, market shares, ongoing trends, competitive landscape, and strategies for the Automotive Labels market. The report also tracks essential information about the market and predict market expansion by the geographic landscape. It also positions the market under the extensive Automotive Labels market framework and collates it with other alternative markets.
This report also offers the planners, policymakers, senior leadership, and traders crucial details to estimate the global Automotive Labels market as it arises from the COVID-19 closure.
Market Scope
The Automotive Labels Industry sets out tendencies that affect various subsidiary industries. Therefore, the Global market has ruled for being one of the leading revenue generators over the past several decades. This industry has challenged every economic disruption and withstands the test of time. Though this could benefit to motivate new market players in the Global industry, the preference for product development and novel procedures could assist new participants in obtaining a stronghold.
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Automotive Labels Market Research Report is Segmented as Follows:
Product Types can be segregated as:
Preure sensitive
Glue-applied
Heat transfer
In-mold
Other
Applications can be segregated as:
Automotive Interior
Automotive Exterior
Automotive Engine Component
Other
Regions covered in this report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
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Global Automotive Labels Market Report provide in-depth information about the Leading Competitors involved in this report:
CCL Industries
Avery Dennison Corporation
UPM
3M
SATO
Weber Packaging
Identco
Grand Rapids Label
OPT label
tesa SE
System Label
ImageTek Labels
CaiKe
Polyonics
Lewis Label Products
Innovations in the technology field have contributed to the growth of the Global industry. The arrival of energy- and cost-efficient appliances have rejuvenated procedures in the Automotive Labels industry.
Economic expansion in developing countries as well have arisen as an advantage for the Global industry. Although strict rules that supervise global production and processing affect the growth rate of the Global industry.
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Make use of the links between primary datasets for top-class strategy development.
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Food Safety Testing Market to Showcase Continued Growth in the Coming Years
The market for food safety testing is estimated to be USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026. The growth in the food safety testing market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply. Lack of coordination between market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing countries act as restraints for the food safety testing market. The challenges faced by the market include a lack of harmonization of food safety standards and high costs associated with the procurement of food safety testing equipment. COVID-19 Impact on the Global Food Safety Testing Market The COVID-19 pandemic is projected to have a significant impact on the food market, as it has highlighted the significance of safe, healthy, and nutritive eating. Food security, food safety, and food sustainability are recognized as strongly affected dimensions of food systems during the Covid-19 pandemic. The use of e-commerce to order deliveries of groceries and restaurant meals has risen sharply. Restaurant operators with established drive-thru and pick-up operations have fared much better than those competitors without. Sharp shifts in consumer behavior related to the food they consume were observed, with a higher preference for safety and quality. These have further propelled the manufacturers to assess the safety parameters of their food products to be able to sustain their product values in the market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=365 Foodservice buyers worldwide have been affected tremendously by foodborne illnesses among consumers, and this has directed their attention toward obtaining certification of food safety assurance. Food manufacturers are willing to pay for testing and certification and have included this practice in their manufacturing cycles. Food companies, major retailers, and importers have been undertaking food safety testing to reduce the occurrence of foodborne diseases and legal conflicts as well. Food safety assurance has become important for food companies to comply with the global standards of food processing and labeling and meet the consumer demand for food safety. Food safety testing is conducted at critical levels of production and works as an essential step in certifying the quality and safety of food items served to customers. In the US, food recalls occur frequently. As a result, food production, food service, and food retail companies, together with government regulators, have increased efforts to ensure food safety, leading to the growth of the food safety testing market. Europe is estimated to be the largest market. The market in this region is primarily driven by growth in the German and UK markets. It is also driven by European food policies that have been extensively emphasized by the National Reference Laboratories (NRLs) and the European Reference Laboratories (EURLs) to maintain food standards and protect consumer health. The market is further fueled by the presence of major food safety testing companies such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), and Intertek Group plc (UK), which are continuously investing and collaborating for the development of better and faster testing technologies to aid conformity to various food safety regulations. The food safety testing market is dominated by few globally established players such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia) and TÜV SÜD (Germany). These players have adopted growth strategies such as acquisition and agreements to increase their presence in the global market. SGS SA primarily offers inspection, verification, testing, certification, and quality assurance services. The company has nine business segments—consumer & retail; agriculture food & life; oil, gas & chemical; minerals; industrial; government & institution; transportation; certification & business enhancement; and environmental health & safety. It offers food safety testing through its agriculture food & life segment. The company operates through a network of more than 2,400 offices and laboratories across Europe, the Middle East, the Americas, Africa, and the Asia Pacific. With its strong presence, the company has established a strong market share and is identified as a strong player in the global food testing market. Its subsidiaries include SGS North America Inc. (US), SGS Germany GmbH (Germany), SGS India Private Ltd (India), and SGS United Kingdom Limited (UK). Major competitors of the company include Eurofins (Luxembourg), Intertek (UK), and Bureau Veritas (France), among others. Eurofins is an international group of laboratories that provide testing and support services to the pharmaceutical, food, environmental, agricultural, and consumer products industries and governments. The company capitalizes on a portfolio of 150,000 reliable analytical methods that enable it to offer services that characterize the safety, identity, purity, composition, authenticity, and origin of products & biological substances. It offers testing services through the following 13 divisions—food & feed testing, biopharma services, agroscience services, agro testing, clinical diagnostics, cosmetics testing, consumer product testing, forensic services, environmental testing, genomic services, medical devices, Eurofins technologies, and REACH services. It offers food testing services under its food & feed testing division. Food Safety Testing Market Dynamics Driver: Increase in global outbreaks of foodborne illnesses Incidences of foodborne illnesses occur primarily due to the consumption of food contaminated with a mycotoxin, pathogens, or the growth of yeasts and molds. The presence of pathogens such as Salmonella, Campylobacter, E. coli, and Listeria could compromise the microbiological safety of food, thereby resulting in foodborne illnesses. Furthermore, in the UK, around 1 million people suffer from foodborne illness, and nearly 20,000 people receive medical treatment for foodborne illnesses every year. Additionally, around 500 death cases have been reported due to food poisoning each year, costing close to USD 2.0 billion. Thus the market for food safety testing is steadily growing. Restraint: Complexity in testing techniques Existing technologies for food authenticity testing involve various difficulties in providing valid test results. Many chemical tests are unable to detect and quantify unknown adulterations. Other screening methods available in the laboratories are reported to have shortcomings in detecting and quantifying unknown adulterants. Thus many market players are investing into R&D inorder to develop more efficient and effective technologies. Opportunity: Technological advancements in the testing industry The focus on reducing lead time, sample utilization, cost of testing, and drawbacks associated with several technologies have resulted in technological innovation and the development of new technologies in spectrometry and chromatography. Wide-scale adoption of these technologies is an opportunity for medium- and small-scale laboratories to expand their service offerings and compete with large market players in the industry, as these technologies offer higher sensitivity, accuracy in results, reliability, multi-contaminant and non-targeted screening with low turnaround time, among other benefits. Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=365 Challenge: Lack of harmonization of food safety standards Neither ingredient suppliers nor retailers or food service companies are well served when duplicative standards and audits raise total costs for food certification without enhancing or ensuring the overall safety of food. Industrial experts have often suggested uniform and harmonized food safety standards to reduce the multiplicity of food laws for better efficiency. To eliminate the duplication and overlap among the multiple standards, government and private-sector stakeholders should work together to create transparent and uniform food certification standards.
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Automotive Labels To Witness Market Growth As Adoption of Smart Labels Increases 2021 | Business Trends, COVID – 19 Impact Analysis, Emerging Technologies, Size, Industry Profit Growth, Top Key Players and Regional Study 2022
Market Insights
Automotive labels are fairly straightforward. They are labels which are printed on any number of materials and attached to an automotive component to provide identification of the part, usage information and for security. These labels always accompany original manufacturer's parts and are normally indicative of the same, Market Research Future has performed a thorough analysis of the global automotive label market for the forecast period from 2016 to 2022. Findings in the report indicate growth of the market at a stable CAGR of 5% during the review period. This is expected to yield a forecasted market value of approximately USD 8.05 Bn by the end of 2022.
Automotive labels fulfill an important function. They assure customers that they are receiving original parts and also make it easier for the order of new replacement automotive components as required. These labels are often developed to withstand harsh environments. The market for automotive labels is growing inevitably as the demand for automotive vehicles rises exponentially. Moreover, the increasing demand for smart labels such as barcodes and RFID for identification and information is expected to propel the growth of the global automotive labels market. Additionally, the demand for eco-friendly label production has also grown significantly and as such will be a significant driver of the global automotive labels market. The growing demand for automotive vehicles across the globe is somewhat responsible for the increasing demand for automotive labels. Emerging economies display huge potential and are also key propellors of the automotive labels market during the review period.
Notably, the rising cost of raw materials is expected to challenge market growth over the review period. Development of new and cheaper materials may mitigate this to some degree.
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Market Segmentation
MRFR's segmentation of the global automotive labels market has been segmented on the basis of vital factors such as purpose, mechanism, identification, application, and region. Purpose of automotive labels has been segmented into branding labels, warning & safety labels, inventory labels, and dome labels.
Mechanism has been segmented into in-mold, glue-applied, heat transfer, and pressure sensitive.
Identification of automotive labels has been segmented into barcode, RFID, hologram, and others.
Applications of automotive labels include chassis labels, interior labels, exterior labels, and engine component labels.
Regional Analysis
Key regions included in the market report are South America, the Middle East, and Africa, North America, Europe and the Asia Pacific. Among these regions, the Asia Pacific regional market is expected to grow to be the largest regional market across the globe. The region has a sizable population which is swiftly urbanizing. The result of this is increased personal disposable income which has further resulted in the high demand for automotive vehicles. The increasing demand for smart labels and eco-friendly label production techniques in the region will likely drive the regions market growth over the forecast period. South America also displays a similar market growth pattern. Developing countries like Brazil, Mexico, South Africa, China, and India are key country-level markets with huge potential for growth. These countries are also establishing themselves as an automotive production hub which further drives the automotive labels market in these regions.
Key Players
Competitors that have been identified for their role in the global automotive labels market have been included in MRFR's report. Market leading players included are UPM-Kymmene Corporation (Finland), Barry-Wehmiller Companies Inc. (U.S), Sika AG (Switzerland), H.B. Fuller (U.S.), Precision Contract Manufacturing (U.S), Lewis Labels Products Corp. (U.S), Avery Dennison Corporation (U.S), 3M (U.S.), CCL Industries Inc. (Canada), Dunmore (U.S.) and others.
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Key Questions Addressed by the Report
What was the historic market size?
Which segmentation (Product/ Capacity) is driving market?
What will be the growth rate?
How are the key players in this market?
What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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