#Europe Bag in Box Packaging Market share

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Europe Bag in Box Packaging Market is Estimated to Witness High Growth Owing to Rising Demand for Convenient and Lightweight Packaging Solutions

Bag-in-box packaging refers to a packaging solution that involves flexible inner packaging contained in an outer rigid container. Bag-in-box packaging is used for various food and beverages applications including wine, non-alcoholic beverages, and dairy products. It provides advantages such as ease of handling, compactness, re-sealability, and dispensability. The bag collapses as the contents are dispensed, taking up less space as it empties.

The global Europe Bag in Box Packaging Market is estimated to be valued at US$ 1790.52 Mn in 2023 and is expected to exhibit a CAGR of 2.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Rising demand for convenient and lightweight packaging solutions is the key driver fueling the growth of Europe bag in box packaging market. Bag-in-box packaging provides advantages such as ease of handling, compactness, re-sealability, and dispensability which makes it a preferred choice for various food and beverage applications. Additionally, bag in box packaging reduces packaging waste as the inner bag collapses according to the liquid dispensing. Bag-in-box packaging occupies less space during storage and transportation as compared to cans and rigid packaging which further increases its demand from food and beverage manufacturers. SWOT Analysis Strength: Europe bag in box packaging market size has high adoption rate for wine packaging. The bag in box packaging prevents oxidation and maintains freshness of the wine packed for longer duration. Bag in box packaging is convenient to handle and transport which increases its popularity in the wine industry. Weakness: High initial investments are required to set up bag in box packaging production units. Raw material prices are volatile which increases the production costs. Opportunity: Growing consumption of non-alcoholic beverages presents an opportunity to use bag in box packaging for juices, water and other drinks. Countries like Germany, UK, France offer scope to increase bag in box usage for liquid packaging. Threats: Growing health concerns related to alcohol consumption can reduce the demand for wine packaging. Stringent environmental regulations regarding packaging waste disposal may increase compliance costs. Key Takeaways The European bag in box packaging market is expected to witness high growth driven by increasing consumption of wine. The global Europe Bag in Box Packaging Market is estimated to be valued at US$ 1790.52 Mn in 2023 and is expected to exhibit a CAGR of 2.4% over the forecast period 2024 to 2031.

Germany dominates the market due to high consumption of wine and presence of leading packaging companies. The bag in box packaging offers significant advantages over rigid packaging for liquid packaging applications which drives its adoption. Germany accounts for the largest share in the European bag in box packaging market owing to highest consumption of wine in the region. The United Kingdom and France also have substantial market size due to traditional wine drinking cultures. Countries like Italy and Spain offer lucrative opportunities backed by large local wine industries. Key players: Key players operating in the Europe Bag in Box Packaging market are Copperhead Industries, LLC, American Wire Group, Inc., Nehring Electrical Works Company, Kris-Tech Wire, MWS Wire Industries Inc., AFL, LEONI Wire Inc., Fisk Alloy Inc., and Elecref Industries Inc. The players focuses on new product launches and mergers to consolidate their market position.

Get more insights on this topic: https://www.newswirestats.com/europe-bag-in-box-packaging-market-size-and-outlook/

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Biodegradable Plastics Market Size, Share, Growth & Forecast

Global Biodegradable Plastics Market was valued around US$ 4 billion in 2020 and is expected to showcase double digit growth during the forecast period (2021-2027). Globally, stringent new policies and regulations implemented and adopted by government would influence the demand of biodegradable plastics this is mainly owing to the regulations which include banning or implementing additional charges on the use of conventional shopping bags, packaging materials, and disposables.

Thus, the global market for bioplastics, particularly biodegradable plastics, is being driven by rising restrictions and prohibitions against plastic bags and other plastic goods. Further, the growing need to reduce the dependency on conventional fuels coupled with rising consumer awareness to adopt sustainable biodegradable plastics is escalating the demand for biodegradable plastics. Although, high manufacturing cost of biodegradable plastics than conventional plastics would hamper the market growth.

For a detailed analysis of the Global Biodegradable Plastics Market browse through https://univdatos.com/report/biodegradable-plastics-market-current-analysis-and-forecast-2021-2027/

The COVID-19 pandemic severely impacted several markets across the globe, particularly in India, the U.S., Spain, and other Western European nations. The pandemic also had a significant impact on the market for biodegradable plastics, majorly attributable to the shutdown of manufacturing facilities in compliance with government regulations, to reduce the spread of disease. The shutdown of factories and warehouses caused additional losses to plastics manufacturers as the previously manufactured and stocked plastics could not be sold due to temporary trade bans and reduced demand.

For a detailed analysis of the Covid-19 Impact on the Market browse through https://univdatos.com/get-a-free-sample-form-php/?product_id=12437

Based on type, the biodegradable plastics market is segmented into polylactic acid, polybutylene adipate terephthalate, polyhydroxyalkanoates, starch blends and others. Starch blend category is expected to grow at a considerable growth rate. Starch is one of the most promising raw materials for the production of biodegradable plastics, which is a natural renewable carbohydrate polymer and is easily available low cost material. Starch-based plastics are used in end-use industries such as packaging, automobiles, and agriculture. Starch-based plastic is biobased which is biodegradable in nature and also have low toxicity.

Based on end use, the biodegradable plastics market is divided into consumer durable, textile, packaging, agriculture, and others. Among all, packaging industry held a lucrative market share. Packaging is one of the main end-use segments for biodegradable plastics and is utilized in each inflexible packaging and flexible packaging. Replacement of traditional plastics way of means of those merchandise in meals packaging including boxes, wraps, cups, and plates is gaining momentum, that is helping the boom of the biodegradable plastic market.

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Additionally, the report provides detailed initiatives that are being taken in the field of biodegradable plastics market. The market is classified into distinct regions including North America, Europe, Asia Pacific, and the Rest of World. Asia Pacific is expected to grow at an influential rate in the market of biodegradable plastics during the forecast period. This can be attributed to the rising adoption of biodegradable plastics across different industries, including agriculture, consumer durables, textiles, and packaging, owing to the strong environmental concerns in the region.

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The Complete Show Info for BrauBeviale Nuremberg 2024

BrauBeviale Nuremberg 2024 will be an ideal location for all professionals working in the field of beverages. The bottlers and producers of soft drinks, beer, mineral water, and juices, along with sparkling wine, wine and spirits, are expected to gather for a discussion about the future of the industry. Braubeviale Nuremberg 2024 dates have been set, and the prestigious event in the field of beverage will take place from November 26 to 28, 2024, at the Nuremberg Exhibition Centre.

Vendors display their products, solutions, and services at every step in the beverage manufacturing process, from raw materials to packaging, bottling, and point-of-sale marketing. This text will provide information about the show and will be read until the final.

BrauBeviale Nuremberg 2024: Detailed Show Info

In BrauBeviale 2024 Nurnberg, You will get to know colleagues and business partners with similar interests, as well as beer enthusiasts across Germany, Europe, and across the globe. The show will bring together a range of brewing-related interests. Hobbyists, craft brewers, historical family breweries, and international beer clubs will be represented in the exhibit. The brewing industry is a thriving community that is able to address the most pressing issues, including sustainability, climate change and energy issues, and regulations regarding packaging. Nearly all the participants in BrauBeviale 2024, which will be held in Nuremberg, will showcase products, solutions, services, or products for brewery owners. The event will function as a platform to share ideas and gain an idea.

The range of products includes the raw materials and brewhouse technologies to bottling facilities, and finally, sales, marketing as well as beverage logistics will all be showcased at this trade show. Also, you will be able to see the entire range of products and services that are available to the cellar industry during BrauBeviale 2024 Germany. Fermentation and maturation through to marketing and bottling are a few examples. Seventy percent of exhibitors offer solutions for wine and cellar trade along with distilleries. Professional tasters are also expected to show high-end spirits during the event.

BrauBeviale has offered for a long time an extensive selection of non-alcoholic beverages. About 60 percent of our exhibitors provide solutions for bottlers and manufacturers of non-alcoholic drinks and mineral water. In this collection, BrauBeviale Nuremberg 2024 will highlight the latest developments in beverage production, bottling facilities, packaging accessories marketing and distribution for soft drinks, fruit juices, and mineral water.

What Products You Will See at Exhibition Areas at BrauBeviale Nuremberg 2024?

BrauBeviale 2024 Nurnberg will showcase products and solutions for marketing. Here are the most important areas of the show:

Raw materials and refinement of the sensory

Systems and machines to produce beverages

Systems and equipment used for packaging and filling drinks

Packaging for products closure systems, labeling and other aids.

Automation and IT

Equipment for operating and laboratory use Operating and auxiliary equipment

Energy systems including compressed air/gases, workplace safety and environmental technology

Logistics and intralogistics

Catering and marketing facilities

Institutes, services education establishments, services and media

Exhibitors will showcase unique products that contain raw materials like malt and hops, as well as ingredients such as syrups, flavourings, syrups, sweeteners and so on. and also equipment to manufacture beverages and packaging. Glass bottles for packaging, PET bottle containers, composite packaging bags-in-box solutions, as well as bottles that are not returnable or non-returnable are popular. Closure systems, labels, and packaging tools complete the scope of this exhibition sector.

Automatization and IT technology will also be showcased, which can meet the increasing demands for efficiency. In addition, the latest insights into catering and marketing strategies and logistical issues are covered. BrauBeviale Nuremberg 2024 is an important gathering for experts in the beverage industry due to its networking opportunities as well as access to the latest developments and trends.

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BrauBeviale is an essential event to attend and a mood gauge for the beverage industry. It is the place where small-sized companies meet the most prominent players in the global market, conventional companies meet startups, and fresh talents meet experienced professionals to help develop the beverage industry with future-proof solutions.

Join BrauBeviale Nuremberg 2024 by booking your stand at the exhibition with Stands Pro. We are an established exhibition stand design business in Nuremberg that offers eye-catching exhibits and everything associated with exhibitions.

Connect us to discuss your needs for your exhibition stand should you plan to exhibit your products. We’re ready to help you any time, ensuring your exhibit is a smooth and unforgettable experience. We’re the ones who will take your Braubeviale Nuremberg 2024 tickets to the top of the list of priorities.

Exhibitor Profile: BrauBeviale attracts exhibitors from various sectors of the beverage industry, including:

Brewing Equipment Manufacturers: Leading manufacturers of brewing equipment, machinery, and systems for beer production, including brewhouses, fermenters, filtration systems, and packaging equipment.

Beverage Packaging Solutions: Suppliers of beverage packaging materials, containers, bottles, cans, labels, closures, and packaging machinery for breweries and beverage companies.

Ingredients and Raw Materials Suppliers: Providers of brewing ingredients such as malt, hops, yeast, and adjuncts, as well as suppliers of water treatment solutions, flavorings, and additives for beverage production.

Technology and Automation Providers: Companies offering technology solutions, automation systems, process control equipment, and software solutions for optimizing brewing and beverage production processes.

Beverage Industry Services: Providers of consulting services, laboratory analysis, quality control, logistics, and marketing services for breweries and beverage companies.

Why Attend the Show:

Product Showcase: Explore a comprehensive range of brewing equipment, beverage packaging solutions, ingredients, and technologies from leading industry suppliers, gaining insights into the latest innovations and trends in the beverage industry.

Networking Opportunities: Connect with brewers, beverage producers, suppliers, and industry professionals from around the world, fostering collaborations, partnerships, and business opportunities.

Educational Seminars and Workshops: Attend seminars, workshops, and panel discussions featuring industry experts and thought leaders discussing brewing techniques, beverage trends, market insights, and sustainability in the beverage industry.

Market Insights: Gain valuable market insights into consumer preferences, emerging beverage trends, regulatory developments, and sustainability initiatives shaping the future of the beverage industry.

International Platform: BrauBeviale provides an international platform for companies to showcase their products and innovations, attracting visitors and exhibitors from across the globe, and facilitating global business connections.

Organiser Website Link for More Info: For more information about BrauBeviale 2024, including registration details, exhibitor information, and the event program, please visit the official website: BrauBeviale

In summary, BrauBeviale 2024 is a premier event for professionals and businesses in the brewing and beverage industry, offering valuable networking opportunities, product showcases, educational resources, market insights, and international business connections.

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The global Personal Care Packaging Market, valued at USD 25.93 billion in 2023, is set for notable growth, with projections reaching USD 37.90 billion by 2031. This signifies a robust compound annual growth rate (CAGR) of 4.93% from 2024 to 2031. This in-depth study offers a thorough examination of the global Personal Care Packaging market, delivering valuable insights into prevailing trends, driving factors, and future growth trajectories. It provides a comprehensive understanding of the market landscape, essential for making well-informed business decisions. The report also explores critical elements such as market size estimates, leading company strategies, constraints, and industry challenges.

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Market Outlook and Emerging Trends

With accurate market forecasts and the identification of emerging trends, this report empowers stakeholders to anticipate future industry developments and strategically plan their initiatives. Staying informed about these trends is vital for maintaining a competitive advantage in an evolving market.

Regional and Segment Analysis

The report offers a detailed analysis of various regions and market segments, identifying high-growth areas and lucrative opportunities. This region-specific and segment-by-segment analysis is crucial for crafting effective marketing strategies and tailoring product offerings to meet diverse consumer needs. Key regions covered include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Investment and Growth Opportunities

The report supports strategic decision-making by highlighting potential investment areas and growth opportunities within the global Personal Care Packaging market. It serves as a valuable resource for discovering markets with significant growth potential, assisting those looking to enter new markets or introduce innovative products.

Competitive Landscape

An extensive competitive analysis profiles major players in the market, assessing their strategies, strengths, and market shares. Key players use strategies such as mergers, acquisitions, partnerships, and product innovations to secure a competitive edge. This information is essential for businesses to benchmark against competitors and develop successful market strategies.

Why Invest in This Report?

Obtain a detailed understanding of market trends and growth drivers.

Utilize precise forecasts for informed strategic planning.

Gain a competitive advantage through comprehensive competitive analysis.

Identify and capitalize on profitable regional and segment opportunities.

Strategically plan investments and expansions in the Personal Care Packaging market.

Key Players in the Personal Care Packaging Market:

Amcor plc

Albea Group

AptarGroup, Inc.

Berry Global Inc.

Crown Holdings, Inc.

Graham Packaging Company

Greif, Inc.

Huhtamäki Oyj

Reynolds Consumer Products

Sonoco Products Company

Market Segmentation Overview:

By Material:

Plastics

Paper

Glass

Metal

By Product Type:

Bottles & Jars

Bags & Pouches

Tubes

Boxes & Cartons

Others

By Application:

Body Care

Hair Care

Oral Care

Skin Care

Others

By Region:

North America: U.S., Canada, Mexico

Europe: France, U.K., Spain, Germany, Italy, Russia, Rest of Europe

Asia-Pacific: China, Japan, India, South Korea, Rest of Asia-Pacific

Middle East & Africa: GCC, North Africa, South Africa, Rest of Middle East & Africa

Latin America: Brazil, Argentina, Rest of Latin America

Understanding the evolving dynamics of the Personal Care Packaging Market enables businesses to strategically position themselves, capitalize on emerging opportunities, and effectively address market challenges.

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Pet Food Market - Forecast(2024 - 2030)

Pet Food Market Overview:

The Pet Food Market size is estimated to reach $90 billion by 2030, growing at a CAGR of 8.4% during the forecast period 2023-2030. Pet food is a specialty food for domesticated animals and is formulated to meet their nutritional requirements such as meat, grains, cereals, meat by-products, vitamins and minerals. It is available in supermarkets/hypermarkets & pet stores and customized to the types of animals such as cats, dogs, fish and other pets.

Increasing demand for Premium Pet Food Products and rising pet ownership across developing economies are expanding the Pet Food Market opportunities. Rising health awareness among customers and attraction towards organic products are also driving the Pet Food Market growth. As per American Veterinary Medical Association, pet ownership for cats has increased to 29% in 2022. For dogs, it has increased to 45% in 2022. This represents the Pet Food Industry Outlook.

Pet Food Market Report Coverage:

AttributeSegment

By Food Type

Semi-moist Foods

Kibble Foods

Canned Foods

Veterinary

Nutritional Foods

Others

By Animal Type

Cat

Dog

Rabbit

Birds

Fish

Ferrets

Others

By Nature

Conventional

Organic

By Price

Premium

Mass

By Source Type

Animals

Plants

Cereals

Others

By Packaging

Stand-up pouches

Tin cans

Premade multi-layered pouches

Bags Roll stock

Corrugated boxes

Others

By Distribution Channel

Offline Platforms

Online Platforms

By Geography

North America (the US, Canada and Mexico)

Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific)

South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

The Rest of the World (the Middle East and Africa).

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COVID-19 / Ukraine Crisis - Impact Analysis: 

The COVID-19 pandemic has impacted the supply chain of the animal feed industry. The different animal nutrition food items, vitamins and medicines including pet pharmaceuticals were out of stock.

The Russia-Ukraine war has impacted the supply chain and resulted in high input prices. In the short term, rising product prices in the domestic market contributed to increased earnings for producers.

Key Takeaways:

Dominance of North America Region

Geographically, North America led the Pet Food Market with a 37.3% share of the overall market in 2022. This is due to the increasing innovation by pet food manufacturers and rising pet adoption in the region. In 2020, as per American Pet Products Association National Pet Owners Survey, 63 million households or 74.6% of all households have dogs as pets.

Canned Food Segment holds the largest market share

According to the Pet Food Market forecast, the Canned Food Segment held the largest Pet Food Market revenue of $18 billion in 2022. The segment is estimated to grow at the fastest CAGR of 9.5% during the period 2023-2030. This is due to increasing consumer desire for feeding their pets nutritional food rich in vitamins, minerals, protein, fiber and other elements that are crucial to a balanced diet.

Premade Multi-layered Pouches Segment is anticipated to grow faster

As per the Pet Food Market analysis, the Premade Multi-layered Pouches segment is estimated to grow at the fastest CAGR of 9.8% during the forecast period 2023-2030. It is due to the durable structure, puncture-resistance protection and proper closures for pet food products, driving the segment growth.

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Increasing innovation by pet food manufacturers

The major competitors in the market are focusing on the launch of a number of pet food products to meet the needs of different types of animals that belong to different age groups. This is anticipated to fuel the expansion of the pet food industry. For instance, In November 2020, Nestle Purina introduced pet animal food that builds on alternative proteins to make better use of global resources. The range includes insects and plant proteins from millet and fava beans.

Rising health awareness among customers toward the organic product for pets

Customers are now more aware of the ingredients in their pet food. The market for organic pet food is increasing rapidly as a result of pet owners' growing attention to the health and welfare of their pets. The increasing number of health problems affecting pets has influenced pet owners to choose organic pet food over conventional options. These factors are contributing to the key Pet Food Market trends during the forecast period. In 2020, organic pet food consumption was worth $22 billion.

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Imposition of strict regulations hamper market growth

Pet food comes with some of the strictest regulations out there, especially in western markets. Pet animal products are strictly examined in developed markets at every stage from the ingredients used in food preparation to their sales and marketing. The high stringency involved with commercialization is one of the major factors hampering the growth of the pet food industry.

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Pet Food Market. The 10 key companies in this industry are: 

Mars Pet care, Inc. (PEDIGREE®, NUTRO)      

General Mills (Chex, Lucky Charms)

Nestle Purina Pet Care (Purina ONE®, Purina® Pro Plan®)    

The J.M. Smucker Company (Meow Mix®, Rachael Ray®)

Hill’s Pet Nutrition (Hill's® Science Diet®, Prescription Diet®)

Diamond Pet Foods (Diamond V®, DIAMOND PRO89)         

Simmons Pet Food (Twin Pet, Strongheart)

Global Pet Care (DreamBone, Good 'n' Fun)

Agrolimen SA (Advance Junior Maxi, Ultima Leche)

Deuerer (Katze, Wau)

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Scope of Report:

Report MetricDetails

Base year considered

2022

Forecast period

2023–2030

CAGR

Growing at the rate of 8.4%

Market Size

90 billion USD

Segments covered

Food Type, Animal Type, Nature, Price, Source Type, Packaging, Distribution Channel and Region

Geographies covered

North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Market Players

Mars Pet care, Inc.

General Mills

Nestle Purina Pet Care

The J.M. Smucker Company

Hill’s Pet Nutrition

Diamond Pet Foods

Simmons Pet Food

Global Pet Care

Agrolimen SA

Deuerer

[creativeera]

Ice Cream Packaging Market is Anticipated to Witness High Growth Owing to Increasing Demand

The ice cream packaging market has witnessed significant growth over the past few years owing to the rising popularity for artisanal and premium ice cream across the globe. Ice cream packaging assists in shielding ice cream from temperature fluctuations to keep it frozen until consumption. Packaging plays an important role in portraying the brand image and attracting consumers. Manufacturers are continuously focusing on innovative designs, materials and packaging formats like cups, tubs, jars, boxes for differentiated product offerings.

Global ice cream packaging market  was valued at US$ 820.9 Mn in 2022,  exhibiting CAGR of 4.0% from 2023-2030.  Market is likely to reach US$ 1,123.46 Mn by the end of 2030

Key Takeaways Key players operating in the ice cream packaging are Sonoco Products Company, Amcor Plc, International Paper Company, Sealed Air Corp., Huhtamaki Oyj, Amcor Plc , Linpac Group Ltd., Ampac Holdings LLC, INDEVCO Group, Tetra Laval, Berry Global, Stora Enso, and SIG. The key players are focusing on expanding their production capacities and geographical presence through mergers and acquisitions to capitalize on opportunities in emerging markets. The global Ice Cream Packaging Market Demand provides significant opportunities for manufacturers owing to the increasing consumption of novelty and premium ice creams. Innovation in packaging solutions to improve quality and shelf-life like protective films, pouches made of sustainable materials is fueling market growth. Furthermore, rising disposable incomes and growing preference for ready-to-consume ice creams especially among millennials is driving the global expansion of key ice cream brands in countries across Asia Pacific, Latin America, Eastern Europe and Africa. International players are investing heavily in R&D, sales & distribution networks across developing regions to tap the immense potential. Market Drivers Growing demand for convenience and on-the-go consumption of ice creams is a key driver for the ice cream packaging market. Attractive and portable packaging formats like cups and sticks are gaining popularity. Moreover, innovation and variety in flavors and ingredients is fueling ice cream purchases. Market Restraints Volatility in raw material prices like plastic, paper and metal can hamper market growth. Additionally, stringent regulations regarding usage of plastics in some countries pose a challenge. Recyclable and sustainable packaging development requires significant R&D investments and consumer awareness.

Segment Analysis The ice cream packaging market comprises of rigid packaging and flexible packaging. Rigid packaging dominates over 70% of the market share as it provides longer shelf life due to airtight and moisture resistant properties. Cups and tubs made from plastic materials like polyethylene and polypropylene are widely used for rigid packaging of ice cream in single serving sizes. This rigids segment growth is attributed to rising on-the-go consumption of ice cream. The flexible packaging segment is further divided into pouches, bags and wrappers. Pouches hold around 15% market share owing to the convenience of resealability. Pouches made from laminated films provide high barrier protection against moisture and oxygen. Bags and wrappers made from materials like plastic coated paper are used for bulk packaging of ice creams in wholesale sizes. Global Analysis North America remains the largest regional market for ice cream packaging, holding over 35% share. Growth in the US is driven by affordable access to packaged ice creams across retail channels and rising affordability. Europe follows North America closely with over 30% share led by countries like Germany, France and UK. However, Asia Pacific is emerging as the fastest growing regional market at a CAGR of over 5% during the forecast period. Rising middle class population, urbanization and increase in disposable incomes in countries like India and China is a key factor propelling the demand for packaged ice creams in the region.

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About Author:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

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Petrochemical Packaging Market Analysis Global Trends, and Opportunities Forecast by 2031

Petrochemical Packaging Market AnalysisScope & Overview

ThePetrochemical Packaging Market Analysis research study sheds light on present and coming market trends. The study also contains a thorough geographic analysis that provides readers with a thorough understanding of the regional development of the market. The research investigations for the global market analysis study are used to look at a number of important issues, such as investing in a developing market, the success of products, and market expansion, to name a few. Market participants could utilize this market analysis to their advantage to outperform rivals.

The competitive research includes all new product launches, business expansions, contracts, joint ventures, collaborations, and acquisitions. The general market conditions, market development opportunities, potential bottlenecks, significant industry trends, market size, market share, sales volume, and future trends are all predicted in this market research study. A competitor list and analysis are included in the market report along with a strategic industry analysis of the major variables affecting the dynamics of the Petrochemical Packaging market.

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Market Key Players:

Amcor Plc, LC Packaging, ILC Dover LP, Brambles Ltd, Arena Products Inc, Qingdao LAF Packaging Co., Ltd., CDF Corporation, Nittel, Qbig Packaging, Zasfa Composite Containers Pvt Ltd

Market Segmentation

Intriguing insights, significant industry developments, thorough market segmentation, a list of the top market rivals, and other international market trends are all included in the market research. To give readers a thorough understanding of the industry, the market report covers a wide range of topics, such as product descriptions, market segmentation, and the current retailing environment. All things considered, this outstanding market research report gives you a comprehensive knowledge of the Petrochemical Packaging market.

Regional Scenario

The Petrochemical Packaging market analysis analyses each region separately in addition to segmenting it. Through geographic analysis, major cities and countries that account for a significant portion of the revenue target market are found. The study helps discover rising markets and forecast market success. Consumer growth is evaluated using growing business trends as well as economic, social, political, legal, and technical constraints. Europe, South America, Asia Pacific, North America, and the Middle East and Africa are among the world's fastest-growing regions, per market research statistics.

Competitive Outlook

The report examines new revenue pockets, regulatory adjustments, strategic market growth evaluations, category market expansions, application niches and dominance, product approvals, product launches, regional expansions, and technological advancements. The report offers insightful data, projections, and in-depth market analysis on a national and international level. A list of significant competitors, tactical suggestions, and a summary of the critical elements affecting the market are all included in the Petrochemical Packaging market research study. Recent advancements, import-export analysis, production analysis, value chain optimization, market share, and the impact of domestic and international market participants are all examined in this study.

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Global Mobile Accessories Market Research Report, Demand and Future Trends Till 2036

Research Nester published a report titled “Mobile Accessories Market: Global Demand Analysis & Opportunity Outlook 2036” which delivers a detailed overview of the global Mobile Accessories marketin terms of market segmentation by product type, packaging, price point, distribution channel, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.

The global Mobile Accessories market is projected to grow at a CAGR of ~7% by attaining noteworthy revenue during the forecast period, i.e., 2022 – 2031. Growing back cover sales is anticipated to propel the growth of the market during the forecast period. For instance, around 75% of smartphone users were projected to be using protective cases. Additionally, the increasing number of internet users across the globe is further expected to hike the market growth over the forecast period. Significant growth in the internet user is observed in the recent decade, for instance, approximately 4.5 billion people are estimated to be using the internet in 2022.

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Additionally, by packaging, the global Mobile Accessories market is segmented into folding cartons, boxes & bags, pouches, trays, and others. Out of these sub-segments, the folding cartons segment is estimated to obtain a noteworthy share in the market during the forecast period. The growth of the segment can be accounted to the spiking production of packaging paper and the growing utilization of folding cartons. As of 2020, more than 350 million metric tons of packaging paper were produced globally.

Furthermore, the global Mobile Accessories market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market in the North America region is estimated to grow at a rapid pace over the forecast period on the back of the presence of personal electronics and mobile phone. As of 2020, around 300 million smartphone users were estimated to be living in the United States while approximately 150 million smartphones were shipped to the USA in 2021.

The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.

Higher Prevalence of E-Commerce to Foster the Growth of the Market

In 2020, over 1.5 billion individuals were noticed to be purchasing goods from e-commerce sites.

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In modern times, more than 24 million e-commerce sites are noticed to be working constantly. Moreover, Mobile Accessories are easily available on e-commerce sites at affordable prices. Furthermore, the rising inclination of people toward the utilization of the internet is also estimated to major reason to boost the prevalence of e-commerce globally. Therefore, such a demand is anticipated to propel the growth of the market during the forecast period.

However, the chances of fake branding and fake branding and higher cost associated with phone accessories are expected to operate as a key restraint to the growth of the global Mobile Accessories market over the forecast period.

This report also provides the existing competitive scenario of some of the key players in the global Mobile Accessories market which includes company profiling of Lava International, Kingston Technology Corporation, Sony Corporation, Plantronics, Inc., GN Group, Samsung Electronics Co., Ltd., Harman International Industries, Incorporated, Apple Inc., Micromax Informatics, and Skullcandy Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global Mobile Accessories market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.     

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[fettesans]

Top, Bas Jan Ader, still from Untitled (Teaparty), 1972. Via. Bottom, Santiago Sierra, 40 m3 of Earth from Iberian Peninsula, 2013. Installation view at KOW, Berlin. Via.

The 'falls' - a number of films and a series of photographic pieces - encapsulate the frailty and vulnerability at the heart of much of Ader's work. Fall (I Los Angeles) (1970), is a short film depicting the artist falling off a chair on the roof of his house and rolling down its slope to the ground. A second film, Fall (II Amsterdam) (1970), shows a view, shot across a canal, of the artist on a bicycle riding carefully down the street and then suddenly losing his balance and disappearing into the water with a large splash. Both films end abruptly after the moment of contact. Untitled (Teaparty) (1972) shares a similar sense of pointed conclusion. In a series of six colour photographs arranged in a column, the camera slowly zooms into a sunlit clearing in a wood where Ader, formally dressed, is taking afternoon tea - in the English style - under a large cardboard box propped up by a stick. The camera zooms out again and in the last frame the stick has come away and the box has fallen to capture the tea-drinker like a mouse in a trap. Via.

Sierra had 40 cubic meters of soil excavated on construction sites in Bilbao shipped to Berlin in plastic bags (known as “Big Bags”) measuring one by one by one meter and unloaded at KOW. The provenance of the material from the Spanish real-estate industry points to a shift of power in Europe’s economic structure. Some regions, such as the Iberian peninsula, find themselves devalued to the advantage of other regions or countries, especially Germany. New migration movements are set in motion, a phenomenon that the soil’s journey retraces. The distressed countries of Southern Europe now prepare their assets for shipping; they put their human capital and public property on the market at a discount and hand over control of systemically relevant infrastructures to investors. Packaged in Big Bags, the cheap containers of the shipping business, every cubic meter of Iberian soil represents the sell-out of someone’s living environment and self-determination and indeed of national sovereignty. Via.

--

The body is the being of existence. How best to take death seriously? But also: How are we to explain that existence isn't "for" death, but that "death" is the body of existence, a very different thing. There's no "death," taken as an essence to which we've been consigned: there's the body, the mortal spacing of the body, registering the fact that existence has no essence (not even "death"), but only ex-ists.

In the span of its lifetime, the body is also a dead body, the body of a dead person, this dead person I am when alive. Dead or alive, neither dead nor alive, I am the opening, the tomb or the mouth, the one inside the other.

Jean-Luc Nancy, Corpus (Trans. Richard A. Rand), 1992. Via.

[manthanwwww]

Aseptic Processing Market

Aseptic Processing Market Size, Share, Trend, Growth and Global Opportunity Analysis and Industry Forecast, 2023-2030.

Overview

Global Aseptic Processing Market was valued at USD 9.72 billion in 2022 and is slated to reach at USD 14.57 by 2030 at a CAGR of 5.23% from 2023-2030.

 The leading players operating in the Aseptic Processing Market are also studied in the report to provide readers with a comprehensive overview of the competitive landscape in the market. The major strategies used by leading players are studied in the report to provide readers with an idea of what works and what doesn’t, in the Aseptic Processing Market. Individual key players are analyzed in detail in the report in order to elaborate on their regional analysis and product catalog, providing a clear overview of each major player operating in the Aseptic Processing Market.

Key Players:

 Robert Bosch GmbH,

DuPont,

Tetra Laval Group,

Merck KGaA,

Spx Flow,

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Market Segmentation: Global Aseptic Processing Market is segmented into Type, Application, and Material. By Type such as Cartons, Bottles and Cans, Bags and Pouches, Vials and Ampoules, Pre- Filled Syringes, Other, Trays, Containers, Bag-in-box Packging, Cups. By Application such as Food, Convenience Food, Meat and Seafood, Fruits and Vegetables, Beverages, Milk and Dairy Products, Fruit Juices, Pharmaceutical, Others.

Regional Analysis: Global Aseptic Processing Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The aseptic processing sector is anticipated to grow at the quickest rate in North America. The development of novel packaging techniques and the rise in demand for processed items are further factors contributing to the expansion of this market. Additionally, the emergence of novel drugs and an increase in disposable income have promoted market expansion.

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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers.

QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence.

QualiKet Research strive hard to simplify strategic decisions enabling you to make right choice. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition. Our experts provide deep insights which is not available publicly that enables you to take bold steps.

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[industryinsightsandanalysis]

PET bottle market is expected to display steady growth by 2028

According to a new report published by UnivDatos Markets Insights, the PET bottle market is expected to grow at a CAGR of around 5% from 2022-2028. The analysis has been segmented into the technology (injection blow molding, extrusion blow molding, and others); color (transparent and colored); application (bottled water, carbonated drink, dilutable, fruit juice, sports & energy drinks, still & juice drinks, and others); region/country.

The PET bottle market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the market. The PET bottle market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the PET bottle market at the global and regional levels.

Market Overview

The global beverage industry is comprised of many drinks including carbonated soft drinks, dilutable, juice, sports & energy drinks, still drinks, bottled water, and alcoholic beverages to name a few. To offer these drinks to the final consumer a range of packaging products are used such as PET bottles, metal can, board carton, board bag in box, glass bottle, and polycarbonate bubble top. PET bottles are the most consumed packaging mainly in non-alcoholic beverages due to their various properties that support the beverage’s self-life such as being strong, resistant to attack by micro-organisms, does not react with foods or beverages, and will not biologically degrade. Moreover, companies prefer using PET bottles over other substitutes like glass due to their low cost, which also helps in improving operational efficiency.

COVID-19 Impact

The recent COVID-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted industrial operations in a negative way, which has impacted the demand for PET bottles as its highly dependent on industries’ performance.

The global PET bottle market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on the technology, the market is categorized into injection blow molding, extrusion blow molding, and others. Among these, injection blow molding held a significant share of the market. The technology produces bottles of superior visual and dimensional quality compared to extrusion blow molding as a result it is used for the production of PET bottles in bulk quantity.

Based on application, the market is categorized into bottled water, carbonated drink, dilutable, fruit juice, sports & energy drinks, still & juice drinks, and others. Of all, bottled water accounted for a lion share in the market owing to the high consumption of water on a daily basis. Further, in many countries, bottled water is the only source of drinking water, thus PET bottle demand in the bottled water segment is growing.

PET Bottle Market Geographical Segmentation Includes:

North America (The United States, Canada, and the Rest of North America)

Europe (Germany, The United Kingdom, France, Italy, Spain, and the Rest of Europe)

Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific)

Rest of the World

The Asia-Pacific region accounted for a prominent share of the market owing to the large food & beverage industry of the region. Further, the large and growing population of the region coupled with increasing disposable income are increasing the demand for packaged products which in turn increases the demand for packaged water, carbonated drinks, juices, and other beverages products. Thus, boosting the market for PET bottles.

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The major players targeting the market include

Altium Packaging LP

Amcor plc

Plastipak Holdings Inc.

Berry Global Inc.

Graham Packaging Company

Alpha Packaging

Novapet S.A.

Frapak Packaging B.V.

PT Indo Tirta Abadi

Fidelis International Private Limited

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the PET bottle market?

• Which factors are influencing the PET bottle market over the forecast period?

• What are the global challenges, threats, and risks in the PET bottle market?

• Which factors are propelling and restraining the PET bottle market?

• What are the demanding global regions of the PET bottle market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Browse Related Newsletter from UnivDatos Market Insights

Carbon Fiber Prepreg Market: SWOT Analysis [2023-2028]

Biocides Market: SWOT Analysis [2023-2028]

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UnivDatos Market Insights: Your Partner in Data-Driven Market Strategies. Unlock growth opportunities and make smart decisions with our expert research and insights.

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[foodalliedinfoglobal]

Frozen Food Packaging Market Size, Companies Profiles, Segmentation and Forecast by 2031 | AMR

According to a new report published by Allied Market Research, titled, “Frozen Food Packaging Market, by Type, Product Type, and Material: Global Opportunity Analysis and Industry Forecast, 2020-2031" The frozen food packaging market was valued at $38,826.20 million in 2020, and is estimated to reach $63,980.50 million by 2031, growing at a CAGR of 5.03% from 2022 to 2031.

Top Players Profiles:

The key players profiled in the report include Amcor Ltd., Ball Corporation, Bemis Company, Inc., Crown Holdings, Inc., Graphic Packaging International, Inc., International Paper Company, Pactiv LLC, Sealed Air Corporation, Sonoco Products Company, and WestRock Company. The other key market players (not profiled in this report) in the value chain include American Packaging Corporation, Berry Plastics, Caraustar Industries, CM Packaging, Emmerson Packaging, Flair Flexible Packaging Corporation, Graham Packaging Company Huhtamaki N.A., LINPAC Group, and Sabert Corporation.

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Various types of packaging, such as boxes, bags, cups & tubs, trays, wraps, pouches, and others are used to package frozen food products. Packaging not only extends the shelf life of the product but maintains its nutritional value as well. Rapid rise in popularity of convenience, increase in the purchasing power, and changes in lifestyle in emerging economies (China, India, and others) largely supplement the growth of the frozen food products, such as frozen vegetables, fruits, potatoes, meats, sea food, ready meals, and soup, which in turn, fuel the growth of frozen food packaging market. Moreover, the growth in demand for attractive and innovative packaging in the food industry for product differentiation is also one of the factors that drives the frozen food packaging market growth.

Increase in popularity of fast-food restaurants, also known as the quick service restaurants (QSRs), majorly boosts the growth of the global frozen food packaging market. China and India stand out in terms of frozen food consumption, owing to their large population base and growth in number of QSRs such as McDonalds, Burger King, Wendy’s, Subway, and Dunkin’ Donuts, which contribute to the growth of the frozen food packaging industry. The business of QSR chains in India is expected to grow eight-fold, owing to rise in disposable income and increase in urbanization, which lead to higher consumption of packaged frozen food. According to the India Brand Equity Foundation (IBEF), by 2025, about 530 million people in India are anticipated to reside in urban areas, which offers an attractive opportunity towards the global QSR chains. This is expected to open potential opportunity for the manufacturers of frozen food packaging. Increase in demand for frozen ready meals due to increasing female participation in the workforce and changing family dynamics in developing regions, such as Asia-Pacific accelerate the growth of the frozen food packaging market. Sustainable packaging, low cost of manufacturing, and implementation of advanced technologies are few of the Frozen Food Packaging Market Trends suppoting the growth of the market worldwide.

Key findings of the study

Frozen food packaging market analysis predicts that Asia-Pacific is expected to grow at the highest CAGR of 7.8% during the forecast period, followed by LAMEA.

Frozen food packaging for the ready meals segment accounted for the highest market share in 2021.

Plastics-based frozen food packaging accounted for the highest Frozen Food Packaging Market Share in 2021 and is expected to grow at the highest CAGR of 5.7%.

Europe generated the highest revenue, accounting for approximately two-fifths share of the market in 2021.

North America frozen food packaging market size is anticipated to grow at a decent CAGR from 2022 to 2031.

[sjsuraj]

Revolutionizing Personal Care Packaging: Tailored Innovations Shaping New Market Paradigms

The global Personal Care Packaging Market was valued at US$ 25.93 billion in 2023 and is projected to reach US$ 37.90 billion by 2031, growing at a CAGR of 4.93% from 2024 to 2031.

This comprehensive research study on the global Personal Care Packaging market gives detailed insights into the sector, offering a detailed analysis of market trends, prominent drivers, and future growth prospects. In order to make wise business decisions, it gives readers an extensive understanding of the market environment. Furthermore, the report covers several aspects, such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants.

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Market Forecast and Trends

The report's precise market forecasts and identification of emerging trends will allow readers to foresee the industry’s future and outline their tactics for the following years accordingly. Understanding market trends can help in gaining a competitive edge and staying ahead in a fast-paced business environment.

Regional and Segment Analysis

The study on the global Personal Care Packaging market will aid industry participants find high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information helps in implementing better marketing strategies and product lineups to meet the preferences and needs of various target audiences. The major regions covered in this comprehensive analysis include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Investment and Expansion Opportunities

The research report supports strategic decision-making by revealing prospective areas for investment and business growth in the global Personal Care Packaging market. This report is a great tool for finding markets that are foreseen to grow substantially for aiding readers who want to expand into new and untapped markets or launch new products.

Competitive Analysis

The research report comprises an in-depth competitive analysis, which profiles major market competitors and evaluates their tactics, weaknesses, and market shares. These key players employ top business strategies, such as partnerships, alliances, mergers, acquisitions, product innovations, and product development, to establish a competitive advantage. Industry participants may use this information to measure their business against rivals and develop winning strategies for distinguishing themselves in the market.

Why Buy This Report?

Obtain an in-depth understanding of market trends and growth catalysts.

Utilize precise market forecasts for informed decision-making.

Outperform competitors through extensive competitive analysis.

Identify and leverage profitable regional and segment prospects.

Strategically plan investments and expansions in the global Personal Care Packaging market

The key players in the Personal Care Packaging Market are:

Amcor plc

Albea Group

AptarGroup, Inc.

Berry Global Inc.

Crown

Graham Packaging Company

Greif

Huhtamäki Oyj

Reynolds Packaging

Sonoco Products Company

The global Personal Care Packaging Market is segmented as:

By Material

Plastics

Paper

Glass

Metal

By Product Type

Bottles & Jars

Bags & Pouches

Tubes

Boxes & Cartons

Others

By Application

Body Care

Hair Care

Oral Care

Skin Care

Others

By Region

North America

U.S.

Canada

Mexico

Europe

France

U.K.

Spain

Germany

Italy

Russia

Rest of Europe

Asia-Pacific

China

Japan

India

South Korea

Rest of Asia-Pacific

Middle East & Africa

GCC

North Africa

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

[pravalika]

Food Container Market - Forecast (2023 - 2028)

The Food Container Market size is estimated to reach $190 billion by 2027. Furthermore, it is poised to grow at a CAGR of 4.3% over the forecast period of 2022-2027. Food storage containers, especially in the refrigerator and freezer, are used to keep food at normal temperatures. Some food products must be kept for longer periods of time, necessitating the use of containers that are exceptionally durable, efficient, and protective. For food preservation, some food containers are subjected to additional procedures. Plastic bags, plastic containers, and glass containers are all options for food storage and made of compounds such as botulinum toxin, perfluorooctanoic acid, perfluorooctane sulfonate. There are many different types of plastics, but edible grade food containers are made of polyethylene, polyester, and polypropylene. Polyethylene is far more flexible than other options, and the container's exterior is stamped with high-density polyethylene (HDPE). The increased demand for packaged food products around the world is likely to drive market expansion. Furthermore, the ease with which these containers may be used to package, carry, and transport food products is a major element boosting product demand in the global market. Ready-to-eat (RTE) meals, RTE convenience foods, frozen dinners, cake mixes, snacks, and desserts are all examples of packaged foods. Manufacturers are likely to increase production capacity in response to rising demand for these items, which will boost demand for food containers over the forecast period. The market grew slowly in 2021 as a result of the COVID-19 epidemic.

Report Coverage

The report: “Food Container Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Food Container Industry.

By Material – Paperboard, Metal, Glass, Plastic, and Others. By Product Type – Bottles & Jars, Cans, Cups & Tubs, Boxes, and Others. By Packaging Type - Rigid packaging, Semi-rigid Packaging and Flexible packaging. By Application- Grain Mill Products, Dairy Goods, Fruits and Vegetables, Bakery Products and Others. By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

Geographically, North America accounted for the greatest market share of more than 35.5%, owing to Urbanization, as well as ascending interest in packaged food. The market for U.S. is driven by the increasing sophisticated consumer demand for convenient, easy-to-carry, storable and ready-to-eat food packaging. Furthermore, North America is expected to offer lucrative growth opportunities to the marketers in the projected period of 2022-2027 owing to a rapid increase in consumption of various food and beverages items along with other spirits. 

In recent years, the growth of packaged food as one of the most profitable divisions of the global food and beverage business has fuelled large-scale advancements across the food container market. However, challenges forging in terms of container’s recyclability and cost implications has hampered the overall market growth.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Food Container Market Report.

Food Container Market Segmentation Analysis-By Material

The Food Container market based on material can be further segmented into Paperboard, Metal, Glass, Plastic, and Others. Plastic have a large part of the global market share in 2021 Owing to its demand, reusability features, and cost efficiency, plastic accounts for the majority of consumption in the production of food containers. Plastic is also lighter than other materials and requires very little energy to manufacture. Furthermore, when compared to other materials such as metals and glass, it is quite affordable.

However, glass is estimated to be the fastest-growing, with a CAGR of 4.9% over the forecast period of 2022-2027. A plastic cover is commonly attached to glass storage containers to keep them sealed. When compared to other types of containers, glass jars have a higher demand attributed to its capacity to keep food fresh for longer. Over the last few years, there is an increasing trend of transparency in food packaging. Consumers want to see the physical product before they buy it, in addition to the ingredients specified on the label. Many companies, particularly dairy product companies, have begun to offer their products in transparent glass containers to capitalise on this trend. Further, the Paris Agreement provides impetus to the manufacturers, as the agreement aims to limit global warming to 1.5 degree centigrade. 

Food Container Market Segmentation Analysis-By Packaging Type

The Food Container market based on packaging type can be further segmented into rigid packaging, Semi-rigid Packaging and Flexible packaging. In 2021, the rigid packaging segment had the biggest market share. Its strong stiffness, impact strength, and barrier qualities contribute to this. The rigid food containers have a longer lifespan, which is driving the segment's growth over the projection period (2022-2027). Increased demand for packaged food as a result of changing lifestyles is expected to be one of the segment's main growth drivers. The booming beverage industry, which is dominated by products like whiskey and energy drinks, is driving up demand for rigid packaging.

However, during the projection period 2022-2027, flexible packaging is intended to create at the quickest rate, with a CAGR of 5.1%. This is attributable to the increasing relevance of thin-film packaging as a protective medium for extending the shelf life of processed food commodities in the nutritional industry. Owing to rising demand in the food and beverage industries, the flexible plastic packaging market is likely to rise significantly in the future. During the forecast period, rise in modern retailing, high consumer income, and acceleration in e-commerce activities, particularly in emerging nations, are expected to benefit the flexible packaging market sector.

[esgdatainrate]

Filling Equipment Know in Detail about the Global 5G Communication Market Analysis, Forecasts, and Overview and Market Development

Filling Equipment Market Outlook — 2027

The global filling equipment market size is expected to reach $23,499.4 million in 2027, from $17,820.5 million in 2019, growing at a CAGR of 3.9% from 2020 to 2027. Filling equipment are the machines used for filling solid, semi-solid and liquid form of products in the holding containers such as box, bag, pouch or bottle. Filling equipment is convenient for large scale filling of the containers at high speed and with accurate measurement. A large scale production of any material or substance generally takes a lot of time to be filled in the containers. However, filling machines make this work easy, fast and with greater accuracy.

Growth in demand for fast moving consumer goods (FMCG) and pharmaceutical products have led the manufacturing companies to increase the speed of their lines. Hence, there is an increase in demand for the filling equipment, which enables rapid filling of the material while maintaining the accuracy of volume and weight in the containers such as box, bag, pouch, and bottle. Therefore growing need for increased production output is expected to drive the growth of the market. However, the high cost of filling equipment is anticipated to impede the filling equipment market growth. The high cost is mainly due to atomization of the equipment using programmable logic controller (PLC), feedback systems, and use of software increases the cost. Further, some of the food and beverages require aseptic filling equipment that is expensive. However, growing focus of governments on development of small and medium enterprises is expected to provide the filling equipment market opportunity to grow in future.

the filling equipment market is divided into new machinery and spare parts. In 2019, the new machinery segment dominated the filling equipment market, in terms of revenue, and the spare parts segment is expected to grow at a higher CAGR during the forecast period. By process type, it is categorized into manual, semi-automatic and automatic. The automatic segment dominated the market and automatics segment is expected to witness highest growth during the forecast period. By product type, it is divided into solid, semi-solid and liquid. The liquid segment dominated the filling equipment market, in terms of revenue, and semi-solid segment is expected to grow at the higher CAGR during the forecast period. By end-user industry, it is classified into food, beverage, pharmaceutical, personal care, chemical and others. The beverage segment dominated the filling equipment market, in terms of revenue, and pharmaceuticals segment is expected to grow at a higher CAGR during the forecast period. By region, the filling equipment market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2019, Asia-Pacific contributed the highest filling equipment market share and is anticipated to secure the leading position during the forecast period, due to rise in manufacturing, filling and packaging of FMCG, pharmaceutical and other consumable products.

Competition Analysis

The filling equipment market analysis by profiles of the major players, such as Accutek Packaging Equipment Companies, Inc., Coesia S.p.A, GEA Group Aktiengesellschaft, JBT, Krones AG, Ronchi Mario S.p.A, Salzgitter AG (KHS Group), Scholle IPN, Syntegon Technology GmbH and Tetra Laval International S.A. are provided in this report. The key strategies adopted by the key players from 2017 to 2019 include product launches, acquisitions, and business expansions. For instance, in October 2018, Krones AG, acquired W.M. Sprinkman Corporation, Wisconsin, U.S. manufacturer of food and beverage processing equipments especially in the brewing and dairy industries. This acquisition is expected to enhance the product portfolio of Krones AG in North America. Similarly, in December 2017, GEA launched an aseptic filling machine called Fillstar CX EVO. This multi-functioning system provides the beverage industry a capacity to easily change between different types of products, from aseptic beverages to carbonated and vice-versa.

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