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packaginginsight · 7 months ago

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Global Rigid Plastic Packaging Market Growth and Challenges Analysis Forecast by 2031

Global Rigid Plastic Packaging Market Scope & Overview

The report's purpose is to provide decision-makers with the market intelligence and strategic insights they require to make sound investment decisions and identify market gaps and expansion opportunities. The Global Rigid Plastic Packaging Market study includes information on industry trends, growth patterns, and corporate strategies to help participants make decisions that will help them maintain a favorable profit trajectory in the next years. The purpose of this research report is to provide readers with a thorough grasp of the industry as well as market segmentation.

Global Rigid Plastic Packaging market research is an in-depth examination of the industry with an emphasis on global market trends. The most recent market study analyses the industry's potential for future growth and provides detailed and useful data on the market's composition and size. The most recent market report analyses the industry's potential for future growth and provides detailed and useful data on the market's composition and size.

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Market Key Players:

Silgan Holdings, Berry Plastics Corporation, Amcor Limited, Consolidated Container Company, Pactiv Evergreen Inc, Al Jabri Plastic Factory, Sonoco Products Company, SABIC, Mauser Packaging Solutions, Ball Corporation, and other players.

Market Segmentation Analysis

In today's global economy, the dynamic corporate environment is increasing the demand for business specialists who can keep up with evolving market dynamics. The global Global Rigid Plastic Packaging market is divided into four areas in the report: vertical, service, end use, and geography to gain better understanding of the market.

By Raw Material

Bioplastics

Polyethylene Terephthalate

Polypropylene

Polyethylene

Polystyrene

Polyvinyl Chloride

Expanded Polystyrene

Others

By Product type:

Bottle & Jars

Trays

Rigid Bulk Products

Others

By Production Process:

Thermoforming

Injection Molding

Extrusion

Blow Molding

Others

By Application:

Food & Beverages

Household

Healthcare

Personal Care

Others

COVID-19 Impact Analysis

The emergence of COVID-19 had a tremendous influence on the Global Rigid Plastic Packaging market. Furthermore, future developments have been postponed globally, thus terminating the sector. The COVID-19 lockout compelled the development of new tactics for dealing with oncoming crises while maintaining steady rates of growth.

Regional Outlook

The global Global Rigid Plastic Packaging market study includes geographic analysis for regions such as North America, Latin America, Asia-Pacific, Europe, and the Rest of the World. The market research report includes a regional market analysis, company market shares, and profiles of important revenue sources.

Competitive Analysis

Businesses use a variety of growth and expansion strategies to gain a competitive advantage. Participants in the industry pay close attention to how the various stages of the value chain are connected with business operations. Industry leaders are improving supply chain logistics, increasing their worldwide footprints, and strengthening their company portfolios to get a competitive advantage in the global market, all of which are included in the Global Rigid Plastic Packaging market research report.

Key Reasons to Purchase Global Rigid Plastic PackagingMarket Report

To investigate and investigate micro markets in terms of their market contributions, potential, and distinctive growth tendencies.

The research report goes over the important steps that successful firms take to limit the negative consequences of a pandemic on their operations.

The research includes important industry statistics, major market trends and prospects, and market position data for the leading players in the field.

Conclusion

The latest market research report assesses the current condition of the Global Rigid Plastic Packaging market as well as predicted future changes that may foretell market growth over the projected period.

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About Us:

SNS Insider is one of the leading Market Size research and consulting agencies that dominates the Market Size research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate Market Size data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

#Global Rigid Plastic Packaging Market #Global Rigid Plastic Packaging Market Share

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latestmarketresearchnews · 10 hours ago

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Masterbatch Market 2030 Driving Factors, Future Trends, Size & Key Vendors

In 2023, the global masterbatch market reached a valuation of USD 6.24 billion and is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. Masterbatch is used to add color to polymers and enhance their properties, making it highly suitable for applications across diverse industries, such as automotive, transportation, building and construction, consumer goods, and packaging. A key factor driving this market growth is the shift from metal to plastic components in various end-use sectors due to plastics’ lighter weight, cost-effectiveness, and versatile properties.

Masterbatch products are available in solid and liquid forms, and they enhance polymers with properties such as antistatic, antifog, antilocking, UV stabilization, and flame retardation. These enhancements are achieved by combining masterbatch with various carrier polymers like polypropylene, polyethylene, polyvinyl chloride, and polyethylene terephthalate. These materials can then be used in key manufacturing processes, including injection molding and extrusion, which are crucial for producing plastic components across many industries.

Gather more insights about the market drivers, restrains and growth of the Masterbatch Market

In the United States, growing demand from the packaging sector is expected to be a significant driver of masterbatch market growth. This demand surge is linked to the rapid expansion of the e-commerce industry, which has increased the need for durable, attractive packaging solutions. The U.S. hosts over 16,800 plastic manufacturing facilities nationwide, highlighting the scale of plastic usage in consumer goods, construction, automotive, and other industries. Manufacturers are increasingly focusing on visually appealing packaging to attract consumers, particularly in competitive markets. Masterbatch is used to create vibrant, diverse packaging designs that enhance consumer appeal, which is expected to further boost demand.

Moreover, masterbatch applications are expanding into new areas within the packaging industry. For instance, in July 2023, Gerdau Graphene and Brazilian film manufacturer Packseven developed a graphene-enhanced stretch film using masterbatch technology. This advanced film, produced with graphene masterbatch, allows for a 25% reduction in plastic usage while maintaining film strength and durability. This example highlights how innovation in masterbatch technology can lead to material savings and increased efficiency in packaging.

End-use Segmentation Insights:

In 2023, the packaging sector led the masterbatch market, capturing a revenue share of 26.91%. The strong demand for packaging spans across retail, industrial, and consumer segments, including both flexible and rigid packaging options. The rising urban population, particularly in metropolitan areas, has intensified the demand for packaged goods, which, in turn, drives the need for masterbatch in the packaging industry. Consumers are increasingly looking for packaging that is convenient, sustainable, flexible, protective, and traceable. Since plastic packaging can meet all these criteria, its demand is expected to rise, thereby boosting the demand for masterbatch.

The packaging industry is also witnessing strong growth potential in emerging markets, particularly in countries like India and China, where rapid urbanization and economic growth are fueling demand. These countries are investing heavily in infrastructure, leading to an increase in building and construction activities. This growth in construction fuels demand for masterbatch, as the construction industry uses plastics for applications such as insulation, piping, and coatings. Government initiatives, such as India’s "Make in India" and the Smart Cities Mission, are expected to stimulate construction projects further, thus driving the demand for masterbatch products in these regions.

In summary, the masterbatch market is expanding due to its ability to enhance the functionality and aesthetics of plastics in numerous applications. With increasing demand from the packaging industry, coupled with innovative new applications like graphene-enhanced films, the masterbatch market is poised for steady growth. Additionally, emerging economies and large-scale construction activities are anticipated to contribute significantly to the demand for masterbatch, making it a crucial material for the future of diverse industries globally.

Order a free sample PDF of the Masterbatch Market Intelligence Study, published by Grand View Research.

#Masterbatch Market Research #Masterbatch Market Forecast

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researchreportinsight · 10 hours ago

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Masterbatch Industry Share and Specification forecast To 2030

Gather more insights about the market drivers, restrains and growth of the Masterbatch Market

End-use Segmentation Insights:

Order a free sample PDF of the Masterbatch Market Intelligence Study, published by Grand View Research.

#Masterbatch Market Research #Masterbatch Market Forecast

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surbhijamdade · 2 days ago

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Global Polyvinyl Chloride Market Overview : Size, Share, and Future Trends Forecast

The Polyvinyl Chloride Market Report for 2024 provides a comprehensive overview of the Polyvinyl Chloride Market industry, presenting crucial data and insights into market dynamics, including growth drivers, challenges, and future potential. The report evaluates the Polyvinyl Chloride Market Components, focusing on significant opportunities and trends that could shape the industry's trajectory. Key stakeholders such as CEOs, global managers, traders, and analysts will find value in the SWOT analysis, which assesses the competitive strengths, vulnerabilities, opportunities, and threats impacting market players.

According to Straits Research, the global Polyvinyl Chloride Market market size was valued at USD XX Billion in 2023. It is projected to reach from USD XX Billion in 2024 to USD XX Billion by 2032, growing at a CAGR of 3.8% during the forecast period (2024–2032).

Get a Sample PDF/Excel of report starting from USD 995 :https://straitsresearch.com/report/polyvinyl-chloride-market/request-sample

Top Key Players of Polyvinyl Chloride Market :

Formosa Plastics Corporation

Chinyang Chemical Co. Ltd

BASF SE

Arkema S.A.

Ineos Chlorvinyls Ltd.

Saudi Plastic Products Company Ltd.

Occidental Petroleum Corporation

Mitsubishi Chemical Corporation

Premier Polyfilm Ltd.

The Chemical Company

Shintech Inc.

Axiall Corporation

KEM one

Solvay S.A.

Shin-Etsu Chemical Co. Ltd

Mexichem S.A.B.

LG Chem

ChemChina

Sinopec Group

and more....

Key Insights from the Polyvinyl Chloride Market Report

Market Size Overview: The report provides comprehensive estimates of the Polyvinyl Chloride Marketsize, including value and sales volume, for the period.

Market Trends and Dynamics: An analysis of the key drivers, opportunities, challenges, and risks shaping the Polyvinyl Chloride Market.

Global Economic and Regional Impact: Evaluation of the effects of global inflation and the Russia-Ukraine conflict on the Polyvinyl Chloride Market.

Trade Flow Analysis: Detailed examination of import and export volumes of Polyvinyl Chloride Marketacross major regions.

Industry Value Chain: Insight into the Polyvinyl Chloride Marketvalue chain, covering raw materials, suppliers, manufacturing processes, distributors, and downstream customers.

Industry News, Policies, and Regulations: Coverage of the latest developments, policies, and regulations impacting the Polyvinyl Chloride Market.

Regional Analysis for Polyvinyl Chloride Market:

The regional analysis section of the report offers a thorough examination of the global Polyvinyl Chloride Market market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Polyvinyl Chloride Market market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Polyvinyl Chloride Market Segmentations:

By Type

Rigid PVC

Flexible PVC

By Application

Pipe & Fittings

Profiles & Tubes

Film & Sheets

Wires & Cables

Bottles

Others

By End-User

Building and Construction

Consumer and Institutional

Packaging

Electrical and Electronic

Transportation

Others

Get Detail Market Segmentation :https://straitsresearch.com/report/polyvinyl-chloride-market/segmentation

Unit Economics must be known by C-suite professionals:

Cost of Goods Sold (COGS): Includes material, labor, and overhead costs in manufacturing.

R&D Costs: Investment in innovation and compliance with regulations.

Engineering and Design Costs: Resources for design, prototyping, and meeting technical standards.

Production Costs: Specialized manufacturing and quality control expenses.

Supply Chain Costs: Managing procurement and logistics for specialized components.

Testing and Quality Assurance: Costs for ensuring product safety and reliability.

SG&A Costs: Marketing, sales, and administrative expenses.

Revenue per Unit: Income from contracts, services, and licensing.

Gross Margin: Revenue minus COGS, showing unit profitability.

Break-even Analysis: Units or contracts needed to cover total costs.

Customer Acquisition Cost (CAC): Costs to secure new contracts.

Lifetime Value (LTV): Total revenue from a customer over time.

Capital Expenditure (CapEx): Investments in facilities and technology.

Economies of Scale: Cost reductions in larger production runs.

Profit Margin: Final profit after all expenses.

Top Reasons to Choose This Report

Access to Comprehensive Insights: Gain access to extensive analysis, research, and data that are often challenging to gather independently. This report provides valuable information, saving you significant time and effort.

Support for Informed Decisions: Enhance your decision-making process with in-depth insights into market trends, consumer behavior, and key industry factors. This report is essential for strategic planning, including investments, product development, and marketing strategies.

Gain a Competitive Edge: Stay competitive by understanding market dynamics and competitor strategies. The report provides detailed insights into competitor performance and market trends, helping you craft effective business strategies.

Cost-Effective Research Solution: Save on research costs by investing in this report, which offers a detailed and comprehensive analysis of the market. This cost-effective option eliminates the need for extensive independent research.

COVID-19 Aftermath and Geopolitical Influences: Russia-Ukraine Conflict and Middle East Crisis

The report explores the multifaceted impact of COVID-19 on the Polyvinyl Chloride Market market, covering both direct and indirect effects across global and local levels. It discusses market size, trends, and growth trajectories in the Polyvinyl Chloride Market , classified by type, application, and customer sector. Additionally, it provides a detailed evaluation of market development components before and after the pandemic, supported by a PESTEL analysis to assess key influencers and barriers to market entry. We offer the flexibility to customize the report based on specific regions, applications, or any other statistical details. Our goal is to align our analysis with your specific needs, ensuring a more complete market study. The final report will also examine the impact of the Russia-Ukraine War on the Polyvinyl Chloride Market market, assessing how these geopolitical events are influencing current market conditions and future opportunities.

This Report is available for purchase on :https://straitsresearch.com/buy-now/polyvinyl-chloride-market

About Us:

Straits Research is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.

Contact Us: email: [email protected] Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: +1 646 905 0080 (U.S.) +91 8087085354 (India) +44 203 695 0070 (U.K.)

#Polyvinyl Chloride Market #Polyvinyl Chloride Market Share #Polyvinyl Chloride Market Size #Polyvinyl Chloride Market Research #Polyvinyl Chloride Industry #What is Polyvinyl Chloride?

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123567-9qaaq9 · 17 days ago

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Global Propane Dehydrogenation to Propylene Market, Market Size, Market Share, Key Players | BIS Research

Thermoset plastics, known for their excellent mechanical strength, chemical resistance, and durability, have long been integral in industries like automotive, aerospace, electronics, and construction. However, their primary drawback has been that, once cured, they are difficult to recycle. This has posed a significant environmental challenge, as traditional thermosets end up in landfills, contributing to plastic waste.

The global propane dehydrogenation (PDH) to propylene market is projected to reach $22,721.2 million by 2031 from $10,314.6 million in 2022, growing at a CAGR of 9.2% during the forecast period 2022-2031.

Propane Dehydrogenation to Propylene Overview

Thermosets are polymers that, when cured through heat or chemical reactions, become rigid and maintain their shape permanently.

The very feature that makes thermosets desirable for applications requiring durability is also what makes them difficult to recycle. Traditional thermoset plastics cannot be reshaped or reprocessed once cured because the cross-linked molecular structure prevents them from being melted down.

Applications for Propane Dehydrogenation to Propylene Market

1 Automotive and Aerospace: These industries rely heavily on thermoset composites for lightweight, high-strength materials that improve fuel efficiency and performance.

2 Electronics: Thermoset plastics are commonly used in electronic components due to their excellent insulating properties.

3 Construction: Thermosets are used in construction materials such as adhesives, coatings, and insulation.

Market Segmentation

1 By End Users

2 By Technology

3 By Derivative

4 By Region

Download the report and get more information @ Propane Dehydrogenation to Propylene Market

Major Key Players

LyondellBasell Industries Holdings B.V.

Borealis AG

Williams

INEOS Group Limited

GAIL (India) Limited

Jinneng Science and Technology Company Limited

Dow Chemical Company

Koch Industries, Inc.

And many others

Download the sample page click here @ Propane Dehydrogenation to Propylene Market

Demand – Drivers and Limitations

Following are the demand drivers for the global Propane Dehydrogenation to Propylene market:

• Advancement in Thermoset Recycling Technologies Globally • Regulations Promoting Plastic Recycling in Various Countries • Investments and Collaboration in Plastic Recycling Industry

The following are the challenges for the global Propane Dehydrogenation to Propylene market:

• Complex Process of Thermoset Recycling • Lack of Proper Infrastructure for Hard-to-Recycle Products

Recent Developments in Propane Dehydrogenation (PDH) to Propylene Market

• In March 2022, KBR and ExxonMobil Catalysts and Licensing collaborated on the advancements of propane dehydrogenation (PDH) technology. Under the collaboration, ExxonMobil's proprietary catalyst technology would be combined with KBR's proprietary K-PRO PDH technology to convert propane into propylene.

•In January 2022, Hyosung Chemical started the production of propylene by PDH technology for the production of polypropylene units. Before the start-up of this plant, the polypropylene units were dependent on imported propylene.

Conclusion

The propane dehydrogenation (PDH) market for propylene production is positioned for significant growth, driven by the rising demand for propylene across various industries, including packaging, automotive, construction, and textiles.

Overall, the PDH market is poised for expansion, supported by the growing demand for propylene in emerging economies, continued advancements in PDH technology, and a global push towards more energy-efficient and cost-effective chemical processes

#Propane Dehydrogenation to Propylene Market

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industrynewsupdates · 23 days ago

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Masterbatch Market In-Depth Analysis and Forecast 2024 - 2030

The global masterbatch market size is expected to reach USD 9.65 billion by 2030 to expand at a CAGR of 6.3% from 2024 to 2030 as per the new report by Grand View Research, Inc. Increasing replacement of metal with plastic is projected to fuel the market growth. In addition, rising demand from the European region is expected to propel the demand over the forecast period.

In terms of revenue, black masterbatch was the largest type segment in 2022 and the trend is anticipated to continue over the forecast period. The increasing need for improving the surface appearance of plastic components in automotive and transportation, building and construction, and consumer goods is expected to contribute to the growth. Additive masterbatch is being widely used on account of various properties it imparts to plastics such as antistatic, antifoaming, antioxidant, antimicrobial, thermo-stabilizer, barrier properties, metal deactivators, anti-block, flame retardant, UV stabilizer, oxygen scavenger, and abrasion resistance. The growth of the packaging sector, especially plastic packaging, is anticipated to drive the demand.

These are used in various end-use industries, such as packaging, building and construction, consumer goods, automotive and transportation, and agriculture, as it imparts useful functional properties such as smooth surface finish and desired hardness. The increasing spending capability of customers toward purchasing attractively packaged consumer goods is expected to trigger the need for various plastic componentss to improve the appearance and other properties. These factors together are anticipated to boost the market demand over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Masterbatch Market

Detailed Segmentation:

Market Concentration & Characteristics

The market is fragmented in nature. The masterbatch is primarily used in the polymer industry for coloring and enhancing the properties of plastics. The global polymer industry is experiencing significant growth, driven by increased demand in various sectors such as packaging, automotive, construction, and consumer goods.

Type Insights

The black type dominated the market with a revenue share of 28.48% in 2023. This high share is attributed to the growth in demand for black masterbatch and the high demand for tires, PVC containers, and other products for application in the automotive and transportation, building and construction, agriculture, and packaging industries. The growing need for agricultural products such as drip irrigation tubing and tape, greenhouse films, shade cloth, and geomembranes is also projected to boost market growth over the forecast period.

Carrier Polymer Insights

The polypropylene (PP) carrier polymer segment dominated the market with a revenue share of 26.68% in 2023. It is attributed to the demand for polypropylene as a carrier polymer is projected to increase owing to its excellent mechanical strength and flexibility offered by it. Polypropylene also enhances the quality of surfaces. It is lightweight and, therefore, is used to replace metal components in the automotive industry. All these factors are expected to fuel the growth of the polypropylene segment in the forecast period.

End-use Insights

The packaging masterbatch end-use segment dominated the market with a revenue share of 26.91% in 2023. Its high share is attributable to the packaging industry, which includes retail, industrial, and consumer packaging, which further includes flexible and rigid options. A rise in the number of city inhabitants who require packaged goods is resulting in an increased demand for packaging. Consumers need packaging that is convenient, sustainable, flexible, offers protection, and is easily traceable. As plastic packing fulfills all these needs, its demand is expected to grow, which is, in turn, projected to result in the growing demand for the product. There is immense growth potential for the packaging industry in emerging economies such as India and China.

Regional Insights

Asia Pacific dominated the market with a revenue share of 30.42% in 2023, owing to the presence of several end-use industries, including automotive and transportation, packaging, building and construction, and consumer goods. The growth of these industries is expected to fuel the demand for the product over the next eight years.

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

• The global oil and gas corrosion protection market size was valued at 9.78 USD billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2030.

• The global technical textile chemicals market size was valued at USD 8.93 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2030.

Key Companies & Market Share Insights

The market is fragmented, with several global and regional players. Key players in the market comply with the regulatory policies and are engaged in research & development activities to develop innovative products. For instance, Hubron International became a corporate member of The Graphene Council, the world’s largest community for graphene researchers, developers, producers, academics, and scientists. Since Hubron International is involved in masterbatch/compounding of graphene materials and has technologies available for the processing of 2D materials, the growing usage of 2D materials in the thermoplastic arena for providing lightweight products is expected to strengthen Hublon International’s position in the masterbatch market. Most key industry players are integrated across the value chain, posing entry barriers for new market players. Some prominent players in the global masterbatch market include:

• In November 2023, The investment firm Koinos Capital, headquartered in Milan, established the Impact Formulators Group by merging the operations of two Italian companies specializing in masterbatch and additives manufacturing, namely Masterbatch S.r.l. and Ultrabatch S.r.l.

• In November 2023, TER Chemicals and Momentive have mutually agreed to extend their current distribution agreement for high-performance additives in polymer modification. This expansion encompasses all European countries, with the exception of Iberia and the UK. The portfolio offered includes multifunctional masterbatches, anti-block agents, light diffusers, crosslinkers, and coupling agents. These products aim to provide customers with effective solutions to enhance the performance of their products and address various processing challenges.

Key Masterbatch Companies:

• A. Schulman, Inc.

• Ampacet Corporation

• Cabot Corporation

• Clariant AG

• Global Colors Group

• Hubron International Ltd.

• Penn Color, Inc.

• Plastiblends India Ltd.

• PolyOne Corporation

• Tosaf Group

Masterbatch Market Segmentation

Grand View Research has segmented the global masterbatch market report based on type, carrier polymer, end-use, and region:

Masterbatch Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• White

• Black

• Color

• Additive

• Filler

• Biodegradable

Masterbatch Carrier Polymer Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Polypropylene (PP)

• Polyethylene (PE)

o Low-Density Polyethylene

o High-Density Polyethylene

• Polyvinyl Chloride (PVC)

• Polyethylene Terephthalate (PET)

• PUR

• PS

• Biodegradable Plastics

• Other Carrier Polymers

Masterbatch End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Packaging

• Building & Construction

• Consumer Goods

• Automotive & Transportation

• Agriculture

• Other End-Uses

Masterbatch Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Benelux

o Poland

• Asia Pacific

o China

o India

o Japan

o South Korea

o Taiwan

o Australia & New Zealand

o Indonesia

• Central & South America

o Brazil

o Argentina

o Chile

• Middle East & Africa

o Iran

o Saudi Arabia

o South Africa

Order a free sample PDF of the Masterbatch Market Intelligence Study, published by Grand View Research.

Recent Developments

• In June 2023, Ampacet announced the launch of PET UVA, a masterbatch that offers protection to the packaging contents from harmful UV light, thereby keeping the food fresher, extending product shelf life, and limiting waste. The company also offers UVA in PP and PE.

• In June 2023, Ampacet unveiled the introduction of a new additive - AA Scavenger 0846, designed particularly for restricting the acetaldehyde levels in both PET and rPET bottles. This product launch was aimed at supporting the sustainability efforts of the company in the packaging industry by encouraging the use of recycled materials and reducing waste.

• In April 2023, Penn, Color, Inc. announced the commencement of its world-class facility in Rayong Province, Thailand in order to expand its manufacturing capabilities. The objective of this new plant was to enable the company to deliver high-quality colorant & additive masterbatches across the Asia-Pacific market.

#Masterbatch Market #Masterbatch Market size #Masterbatch Market share #Masterbatch Market analysis

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coolkailas · 23 days ago

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Rigid Plastic Packaging Market Size $262.5 billion by 2027

The report "Rigid Plastic Packaging Market Industry by Type, Application (Food, Beverages, Healthcare, Cosmetics, Industrial), Raw Material (Bioplastics, PE, PET, PS, PP, PVC, EPs, PC, Polyamide), Production Process, and Region - Global Forecast to 2027 ", is projected to grow from USD 207.8 billion in 2022 to USD 262.5 billion by 2027, at a CAGR of 4.7% between 2022 and 2027. The growth of the Rigid plastic packaging market is attributed towards growing of food, beverages, healthcare, cosmetics, Industrial and others. Rigid plastic packaging is widely used in the food & beverage industries as it increases the shelf life of the products, thus preventing food loss. The market for rigid plastic packaging in the healthcare segment is also projected to grow at a high rate, owing to the increase in consumption of pharmaceutical products due to the aging population and growth in incidence rates of chronic diseases. Rigid plastic packaging offers aesthetic appeal and durability to the product, which increases its marketability; hence, it is used in the cosmetics & toiletries industry

Download PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=178852016

Browse 203 market data Tables and 52 Figures spread through 225 Pages and in-depth TOC on "Rigid Plastic Packaging Market by Type, Application (Food, Beverages, Healthcare, Cosmetics, Industrial), Raw Material (Bioplastics, PE, PET, PS, PP, PVC, EPs, PC, Polyamide), Production Process, and Region - Global Forecast to 2027 " View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/rigid-plastic-packaging-market-178852016.html

Tube, Cups and Pots to be the fastest growing type in Rigid Plastic Packaging during forecast period

Rigid plastic tubs, cups, and pots are used in the food service and retail industry to package anything from cream and dips to insecticides. Cups are precision thermoformed, which are sealed using a heat sealable flexible lid. These cups generally have flat edges for perfect seals. Some rigid cups also have rolled rims. These products are generally used to pack dairy products such as cream, yogurt, and dairy desserts. The segment is projected to witness the highest growth rate as a result of the growing demand for single-serve packs and properties such as cost-effectiveness, portion control, and less environmental impact.

Healthcare is to be the 3rd largest markets share segment in the Rigid Plastic Packaging Market during the forecast period

Healthcare products, which include pharmaceutical and medical products, are required to be protected from light, moisture, contamination, physical damage, or anything that can alter the quality of the products. The packaging quality of healthcare products plays a vital role in ensuring their protection. It involves the manufacture of a wide range of packaging materials such as paper, paperboard, cardboard, and rigid plastic packaging material. The growth in rigid plastic packaging is estimated to continue in global medication consumption, which is expected to be significantly driven by the aging demographic, leading to the increasing number of diseases and disorders. This will increase the demand for pharmaceutical products, which will further support the growth in rigid plastic packaging.

By raw material, Polyethylene Terephthalate (PET) to be the 3rd largest share in the Rigid Plastic Packaging Market during the forecast period

Polyethylene Terephthalate (PET) is a general-purpose thermoplastic polymer that belongs to the polyester family of polymers. Polyester resins are known for their excellent combination of properties such as mechanical, thermal, chemical resistance as well as dimensional stability attributes include superior transparency equal to that of glass, high mechanical strength, high rigidity at lower wall thickness, high flexibility, and high puncture resistance. These attributes enable the production of dimensionally stable rigid packaging with relatively small wall thickness and excellent oxygen barrier qualities, which make it suitable for packaging fresh foodstuffs. The application of polyethylene terephthalate takes place in industries such as food packaging, pharmaceutical packaging, box making, and electronics.

By Production Process, Blow Molding is to be the fastest growing in Rigid Plastic Packaging market during forecast period

Injection blow molding is used for the production of hollow plastic quantities. Products such as small medical and single-serving bottles are prepared using injection blow molding. Extrusion blow molding can be used to process different polymers such as polyethylene and polyvinyl chloride. Stretch blow molding applications include jars, bottles, and similar containers because it produces items of excellent visual and dimensional quality compared to extrusion blow molding. Many of the same materials used in blow molding are also good choices for injection molding, including HDPE, PS, PU, PP, and LDPE. There is a range of additional materials that are more uniquely suited for the solid products produced with injection molding. HDPE is the most commonly blow-molded plastic material. It is used in a vast array of products, including bottles for consumer liquids such as shampoos and motor oils, coolers, play structures, fuel tanks, industrial drums, and carrying cases.

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North America to be the 3rd largest share in the Rigid plastic packaging market during the forecast period

The rigid plastic packaging market in North America is expected to grow steadily during the forecast period. The market in this region is driven by technological advancements in the packaging industry. The demand for rigid plastic packaging will also be driven by factors such as increasing sales of consumer durables, high disposable income, and increasing demand for packaged foods. The US held a major share of the North American rigid plastic packaging market The rigid plastic packaging market in the US is mature and is expected to progress with a steady growth rate, mainly due to increasing sales of consumer durables in the country. As rigid plastic packaging finds application in consumer durables, the increasing demand for consumer durables will drive the market for rigid plastic packaging in the US. The growth in the rigid plastic packaging market in the US will be supported by the increased spending on healthcare products, as the healthcare industry is one of the largest consumers of rigid plastic packaging. This will boost the demand for pharmaceutical and medical products, further supporting the growth in the packaging industry.

Rising food production levels highlight the need for rigid plastic packaging. Moreover, the improvement of the US economy and the rising disposable income will increase the consumption level in the country, further supporting the growth of the rigid plastic packaging market. The growing trend of retail shopping is also responsible for the increasing demand for rigid plastic packaging in the US.

Amcor Plc(Switzerland), SIG Berry Global Group Inc.(US), Pactiv LLC(US), Silgan Holdings Inc.(US), Sonoco Products Company(US), DS Smith Plc(UK), ALPLA(Austria), Takween Advanced Industries(Saudi Arabia), SABIC.( (Saudi Arabia)), Al Jabri Plastic Factory(UAE), Nuplas Industries Ltd.(UAE), Altium Packaging LP (US)and Plastipak Holdings, Inc.(US) among others are the key players operating in the Rigid plastic packaging market . Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Rigid plastic packaging market .

Don’t miss out on business opportunities in Rigid Plastic Packaging Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

#Rigid Plastic Packaging #Rigid Plastic Packaging Market #Rigid Plastic Packaging Industry #Plastic Packaging #Plastic #Packaging

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mordormr · 1 month ago

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Mexico Plastic Packaging Market Analysis: Key Players, Growth Drivers, and Future Outlook

Plastic packaging has become an ubiquitous part of our lives, and Mexico is no exception. This blog post, based on insights from Mordor Intelligence's market research report, dives deep into the Mexico Plastic Packaging Market Analysis: Key Players, Growth Drivers, and Future Outlook. We'll explore the current state of the market, identify the key players shaping its landscape, analyze the factors driving its growth, and unveil the exciting opportunities and challenges that lie ahead.

A Wrapped-Up Success: The Mexican Plastic Packaging Landscape

The Mexican plastic packaging market is experiencing steady expansion:

Market Growth: Mordor Intelligence estimates the Mexican plastic packaging market to reach USD 10.25 billion by 2029, reflecting a CAGR of 4.23% from 2024.

Booming Food and Beverage Industry: Mexico's thriving food and beverage sector is a major driver for plastic packaging solutions, particularly for bottling and food containers.

E-commerce Surge: The rise of e-commerce necessitates durable and lightweight packaging solutions, fueling demand for plastic packaging.

Cost-Effectiveness: Plastic's affordability and versatility make it a preferred choice for manufacturers and consumers compared to some alternative materials.

These factors highlight the established role plastic packaging plays in various industries across Mexico. Its affordability, functionality, and adaptability to diverse applications continue to drive its market share.

The Key Players Shaping the Market: Who's Holding the Packaging Strings?

Several prominent players are actively shaping the Mexican plastic packaging landscape:

Empresas Plásticas Castilla: A leading manufacturer of rigid plastic packaging solutions for various industries.

Grupo PET Mexico: Specializes in PET (polyethylene terephthalate) bottle manufacturing for the food and beverage sector.

Dow Chemical Company: A global leader in plastic materials, with a presence in Mexico for manufacturing and distribution.

Pac紈fico: A prominent producer of flexible plastic packaging solutions, including films and pouches.

These companies, alongside numerous regional players, are continuously innovating to offer sustainable and efficient packaging solutions that cater to evolving consumer preferences and environmental regulations.

Beyond the Bubble Wrap: Drivers Propelling the Mexican Plastic Packaging Market

Several key drivers are pushing the Mexican plastic packaging market forward:

Rising Disposable Income: As disposable income rises in Mexico, consumers are purchasing more packaged goods, further increasing demand for packaging.

Growing Urbanization: Urban living often necessitates convenient, single-serve packaging solutions, which plastic offers effectively.

Technological Advancements: Advancements in plastic manufacturing technologies are leading to lighter, stronger, and more sustainable packaging options.

Focus on Product Shelf Life: Improved plastic packaging materials ensure extended shelf life of food and beverages, reducing spoilage and waste.

These drivers paint a picture of a dynamic market where rising consumer demands, urbanization trends, and technological advancements are creating exciting opportunities for the Mexican plastic packaging industry.

A Sustainable Future? Challenges and Opportunities in Plastic Packaging

While the outlook is promising, the Mexican plastic packaging market faces challenges:

Environmental Concerns: Growing public awareness regarding plastic pollution necessitates the development of more sustainable and recyclable packaging solutions.

Government Regulations: Stricter government regulations concerning plastic waste management may impact traditional plastic packaging practices.

Evolving Consumer Preferences: Consumers are increasingly prioritizing environmentally friendly packaging options, prompting a shift towards sustainable alternatives.

However, these challenges also present opportunities for growth:

Focus on Biodegradable Plastics: The development and adoption of biodegradable or compostable plastic packaging solutions will be crucial for market sustainability.

Investment in Recycling Infrastructure: Investing in robust plastic waste collection and recycling infrastructure is essential for a circular economy approach.

Collaboration and Innovation: Collaboration amongst manufacturers, brands, and policymakers is crucial for developing innovative and sustainable solutions for the future.

By addressing these challenges and capitalizing on the existing growth drivers, the Mexican plastic packaging market can transition towards a more sustainable and responsible future.

Conclusion:

Mordor Intelligence's market research report paints a multifaceted picture for the future of the Mexican plastic packaging market. With a growing demand for packaged goods, technological advancements, and a focus on affordability, the market is poised for continued growth. However, addressing environmental concerns and evolving consumer preferences will be key for a sustainable future. As the industry embraces innovation and collaboration, Mexico's plastic packaging market can navigate the challenges and carve a path towards a more responsible and eco-friendly packaging landscape.

#Mexico Plastic Packaging Market #Mexico Plastic Packaging Market size #Mexico Plastic Packaging Market share #Mexico Plastic Packaging Market research reports #Mexico Plastic Packaging Market forecasts #Mexico Plastic Packaging Market analysis #Mexico Plastic Packaging Market growth drivers

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creativeera · 1 month ago

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The Pet Bottles Market is booming with sustainable packaging trends

The pet bottles market has become increasingly popular owing to the rise of sustainable packaging trends. Pet bottles or polyethylene terephthalate bottles are lightweight, durable, and largely recyclable plastic bottles that are commonly used for packaging beverages such as water, juices, sodas, and other drinks. Pet bottles provide an excellent barrier against air and moisture, thereby retaining the organoleptic qualities of packaged beverages. Their glossy, clear appearance and decent rigidity allow them to showcase the packaged product well. Moreover, pet plastic produces minimal environmental pollution during its production and is widely recycled post-consumption. The global pet bottles market is estimated to be valued at US$ 59.4 billion in 2024 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024-2031.

Pet bottles offer advantages such as shatter resistance, durability and reusability. They provide an effective alternative to glass bottles especially for packaged beverages consumed on-the-go. The rising consumption of bottled beverages along with the shift towards lightweight and sustainable packaging has driven the demand for pet bottles globally. Key Takeaways Key players operating in the pet bottles market are Amcor, Berry Global Inc., Gerresheimer, Silgan Holdings, and Tetra Laval. The growing demand for bottled water along with the expanding ready-to-drink beverages industry is propelling the pet bottles market. Additionally, the shift towards eco-friendly and sustainable packaging solutions is fueling market growth. Major players are focusing on expanding their pet bottle manufacturing facilities globally, especially in developing regions to capitalize on the rising demand. For instance, Amcor inaugurated a new pet bottle manufacturing plant in India in 2022 with an investment of over US$100 million. Market key trends One of the major trends gaining traction in the Pet Bottles Market Demand for recycled pet bottles. With sustainability at the forefront, beverage brands and manufacturers are focusing on utilizing recycled pet (rpet) content in bottles. Use of rpet reduces the consumption of virgin pet resin and helps lower the carbon footprint. Moreover, regulations in several countries mandate a certain percentage of rpet usage. For example, the European Union’s packaging and packaging waste directive mandates 25% rpet content in pet bottles by 2025.

Porter’s Analysis Threat of new entrants: Low capital requirements to enter the market but established players dominate distribution channels. Bargaining power of buyers: Large retail channels have more bargaining power over bottle manufacturers due to the competitive nature of the market. Bargaining power of suppliers: Resin and plastic material suppliers have moderate bargaining power due to minimal differentiation in raw materials. Threat of new substitutes: Alternatives like glass and aluminum bottles pose minimal threat due to established consumer preferences for PET bottles. Competitive rivalry: Intense competition among key players to gain greater market share exerts pressure to reduce costs through economies of scale. Geographical Regions North America currently accounts for the largest share of the global pet bottles market in terms of value, led by the United States. Easy availability of raw materials and large demand from food and beverage industry drive the North America pet bottles market. Asia Pacific region is expected to witness highest growth in the pet bottles market during the forecast period. Rising disposable incomes, growing consumption of packaged foods and changing lifestyles in countries like China and India are pushing the growth of pet bottles market in Asia Pacific.

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johnthejacobs · 3 months ago

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Manjushree Technopack Share Price Heating Up

The Manjushree Technopack Share Price has lately been rising by leaps and bounds. So much so that it is the talking point of investors and analysts alike. This article will go to great lengths to touch upon a host of factors that contribute to this surge: the business model of this company, its market position, and general economic trends impinging on its recent success.

Introduction to Manjushree Technopack

Over the last several decades, Manjushree Technopack has been the prime mover of packaging solutions providers in India. It is a company manufacturing rigid plastic packaging products for categories of FMCG, Pharmaceuticals, Beverages, and other diversified industries. Being highly focused on innovation, quality, and sustainability, the company strives toward maintaining a strong portfolio and a wide client base, comprising a number of global brands. The interest in the Manjushree Technopack Unlisted Shares has grown of late, which is a good sign that investors believe the company will accomplish growth.

Performance in the Stock Market Recently

Manjushree Technopack Ltd.'s share price has been outstandingly outperforming markets over the last few months, which has arisen due to its continuously strong financial performance, strategic acquisitions, and favorable market conditions. An increasing talk related to a Manjushree Technopack Pre IPO has attracted possibilities, and the investor confidence factor has been increasingly demonstrated by an increase in share prices.

Key Drivers to the Share Price Rally

1. Strong Financial Performance

The key reasons that primarily drove the share price of Manjushree Technopack were on account of its sterling financial performance. The company has persistently posted very strong earnings, wherein its revenue growth had been steady while the profit margins were healthy. The reason behind it was its efficiency in managing the cost structure properly, and in this process, it ensured better optimization of production processes and leveraging economies of scale.

2. Strategic Acquisitions and Expansions

Manjushree Technopack has been at the forefront in increasing its market presence by way of strategic buyouts and alliances. Acquisition of its rival firms and entry into newer markets had further consolidated its position in the packaging industry. At the same time, these strategic moves have resulted in more market share, knitting its offerings to a broad range of clients.

3. Agenda on Sustainability and Innovation

It was one of the factors that made Manjushree Technopack take a lead over competition in this world moving fast towards sustainability. Investments were put in research and development to formulate innovative, sustainable packaging products that suited the changed consumer and the regulatory demand. Some, once again, appeal to the sense of being environmentally conscious investors and thus further boost the value of the stock.

4. Growing Demand from the Packaging Industry

Packaging is one global industry that has throve, basically, because of an upward growth trend in the final demand side by consumers. With consumers increasing their spending on food and beverages, this company has been right at the epicenter of this growing trend. One company that had been able to cash in on the rising demand for new-age, innovative, and sustainable packaging solutions was Manjushree Technopack. The increasing positive market sentiment and investor confidence in the very fundamental approach of the business of Manjushree Technopack will enable the company to grow in a big way, as a substantial appreciation in its share price will result from this increased demand.

More manifold opportunities encouraged the growth in a demand for new-age, innovative, and sustainable packaging solutions, and hence there has been a substantial upsurge in the appreciation of the Manjushree Technopack share price.

The positive investor sentiment on Manjushree Technopack has been overwhelmingly vindicated by the stock price now seeing a relentless uptick. This confidence emanates from strong fundamentals, strategic vision, and capability of handling market challenges effectively. Optimism for the outlook on the packaging industry coupled with a leadership position for Manjushree Technopack justifies this stock as an investment destination for retail as well as institutional investors. As the Manjushree Technopack Upcoming IPO comes up, there will be plenty of investors lining up to tread along with it when it hits the market.

Challenges and Risks Ahead

The future outlook for Manjushree Technologies looks quite promising, though there may be a few challenges and risks that will have to be taken into account in view of its future success. Fluctuations in prices of raw materials:

The packaging industry also depends greatly on raw materials, mainly plastics, the prices of which constantly fluctuate. Any drastic change in raw material prices may hurt the business's profit margins and, in turn, the share price.

2. Changes in Regulations

The industry is one of the most heavily regulated, particularly with regard to environmental impact and sustainability. So, any change in the regulations could force Manjushree Technopack to invest substantially in new technologies or process changes in production, which could affect their profit.

3. Competition

Potential Reversal—Current Industry Trends: There is more competition in the packaging industry. As such, though Manjushree Technopack has established a strong market position, product and process innovation, and the ability to quickly adapt to change become imperatives if it has to stay ahead of the competition. I believe that loss of market share will directly impact the share price.

Conclusion: Manjushree Technopack—What Next?

This rally in the Manjushree Technopack share price attests to the strong fundamentals of the company, strategic moves undertaken for its growth, and propitious market conditions that prevail in the packaging sector. Like any other investment, though, it is not devoid of risks. Investors should be cautious about pending challenges and dynamics in the market that might affect the future performance of the said company.

With a strong history of introducing new innovation and market fronts, the company will not allow the growth run to break. For investors who need a position in the high-flying packaging space, Manjushree Technopack would be a good investment. Added to this, expectation of the Manjushree Technopack IPO has built-up interest as to how the company will perform in the public markets. This IPO shall be especially interesting to such investors who were waiting to invest in Manjushree Technopack Unlisted Shares while providing scope for new investment opportunity opened in this vibrant sector.

#Manjushree Technospace Share Price #Manjushree Technospace IPO #Manjushree Technospace Pre IPO #Manjushree Technospace Unlisted Shares #Manjushree Technospace Upcoming IPO

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credenceresearchdotblog · 3 months ago

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The global demand for medical implants sterile packaging was valued at USD XX million in 2022 and is expected to reach USD XX Million in 2030, growing at a CAGR of 6.90% between 2023 and 2030.The medical implants sterile packaging market has emerged as a critical segment within the broader medical device industry, reflecting a growing emphasis on patient safety, regulatory compliance, and technological innovation. As the healthcare sector advances, the demand for sterile packaging solutions that ensure the integrity and safety of medical implants is on the rise. This article delves into the current trends, challenges, and future outlook of the sterile packaging market for medical implants.

Browse the full report at https://www.credenceresearch.com/report/medical-implants-sterile-packaging-market

Market Overview

Medical implants, ranging from orthopedic devices to cardiovascular stents, are essential for various surgical procedures and long-term treatments. The primary function of sterile packaging is to maintain the sterility of these implants from the point of manufacture through to their final use. This is crucial in preventing infections and ensuring that the implants perform as intended.

Sterile packaging solutions include a variety of materials and technologies designed to protect implants from contamination and damage. Common materials used in sterile packaging include paper-plastic pouches, rigid containers, and specialized films, each offering distinct advantages in terms of protection and ease of use.

Key Trends Driving the Market

1. Regulatory Compliance: Stringent regulations and standards set by bodies such as the FDA and ISO are driving innovations in sterile packaging. Manufacturers are required to adhere to rigorous guidelines to ensure that their packaging meets safety and efficacy standards. This has led to increased adoption of advanced sterilization methods and improved packaging technologies.

2. Technological Advancements: Innovations in packaging technology are enhancing the functionality and effectiveness of sterile packaging solutions. For instance, the development of peelable pouches, advanced barrier films, and tamper-evident seals are improving the ease of handling and reliability of sterile packaging. Additionally, smart packaging solutions incorporating sensors and indicators are gaining traction for their ability to provide real-time information about the condition of the package.

3. Sustainability Initiatives: There is a growing emphasis on sustainable packaging solutions within the medical implant sector. As environmental concerns become more pronounced, companies are exploring eco-friendly materials and practices. Biodegradable and recyclable packaging materials are being developed to reduce the environmental footprint of medical implant packaging.

4. Rising Demand for Minimally Invasive Procedures: The shift towards minimally invasive surgeries is influencing the sterile packaging market. Smaller and more intricate implants require specialized packaging solutions that offer enhanced protection and ease of use. This trend is driving the development of packaging solutions that cater specifically to the needs of minimally invasive devices.

Challenges in the Market

1. Cost Pressures: The high cost of advanced packaging materials and technologies can be a significant challenge for manufacturers. Balancing the need for high-quality, sterile packaging with cost-effectiveness is an ongoing concern, particularly for smaller companies and those operating in price-sensitive markets.

2. Supply Chain Disruptions: Global supply chain disruptions, influenced by factors such as geopolitical tensions and natural disasters, can impact the availability of packaging materials. Manufacturers must navigate these challenges to ensure a consistent supply of high-quality packaging solutions.

3. Regulatory Complexity: Navigating the complex regulatory landscape governing medical device packaging can be challenging. Compliance with varying standards across different regions requires continuous monitoring and adaptation, adding to the operational complexity for manufacturers.

Future Outlook

The medical implants sterile packaging market is poised for growth, driven by advancements in technology, increasing healthcare expenditures, and a rising focus on patient safety. As the demand for innovative and effective packaging solutions continues to rise, manufacturers will need to invest in research and development to stay ahead of the competition.

Key areas of focus for the future include the development of more sustainable packaging options, the integration of digital technologies for enhanced tracking and monitoring, and the ongoing refinement of packaging materials to meet evolving regulatory requirements.

Key Players

Oliver Tolas

Bemis

Steripack Contract Manufacturing

Orchid Orthopedic Solutions

Multivac Group

Janco

Sealed Air

Selenium Medical

Amcor Plc

Placon

DuPont

Steripack Ltd.

Wipak Group

Nelipak Healthcare

Tekni-Plex

Segmentation

By Type of Implants:

Orthopedic Implants

Cardiovascular Implants

Neurological Implants

Dental Implants

Ophthalmic Implants

Cosmetic Implants

Others

By Packaging Material:

Plastic

Glass

Metal

Combination Materials

By Packaging Type:

Trays

Pouches

Boxes and Containers

Blister Packs

Others

By Sterilization Method:

Radiation Sterilization

Ethylene Oxide (EtO) Sterilization

Steam Sterilization

Chemical Sterilization

Other Sterilization Methods

By End-User:

Medical Device Manufacturers

Hospitals and Clinics

Ambulatory Surgical Centers

Research Institutes

By Application:

Implant Packaging for Surgical Procedures

Implant Packaging for Research and Development

By Region

North America

U.S

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/medical-implants-sterile-packaging-market

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Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: [email protected]

Website: www.credenceresearch.com

#Medical Implants

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pranalip · 3 months ago

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Thermoplastic Tapes Market Share, Trends, and Growth Reports | Global Insight Services

“Global Insight Services company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Thermoplastic Tapes are tapes composed of plastic materials that can be repeatedly softened and hardened by the application of heat. They are commonly used in a variety of industrial and consumer applications. They are well suited for applications requiring good electrical insulation, chemical resistance, and a wide range of temperature performance.

Thermoplastic tapes can be divided into two broad categories: thermoplastic elastomers (TPEs) and thermoplastic films (TPFs). TPEs are generally softer and more flexible than TPFs. TPEs are generally used in applications where flexibility and conformability are needed, such as electrical insulation, sealing, splicing, and gaskets. TPFs are generally stiffer and more rigid than TPEs and are used in applications where strength and dimensional stability are important, such as protective packaging, labeling, and insulation.

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Thermoplastic tapes are available in a wide variety of materials including polypropylene, polyethylene, polyvinyl chloride (PVC), polyvinylidene fluoride (PVDF), polytetrafluoroethylene (PTFE), and many others. Each material has its own unique properties and characteristics, and each can be tailored to meet the specific requirements of the application.

Thermoplastic tapes can be fabricated in a variety of ways. They can be extruded, cast, or laminated. Extrusion is the most common method and involves pushing the material through a die to form a continuous sheet or strip. Cast tapes are created by pouring the material into a mold and then curing it. Laminated tapes are created by bonding multiple layers of material together.

Thermoplastic tapes are widely used in a variety of industries and applications. They are used for electrical insulation, sealing, splicing, gaskets, and protective packaging. They are also used in medical and food packaging, labeling, and insulation.

Thermoplastic tapes are a versatile and cost-effective solution for a variety of applications. They offer good electrical insulation, chemical resistance, and a wide range of temperature performance. They are available in a variety of materials and can be tailored to meet specific application requirements.

Key Trends

Thermoplastic tapes are a type of adhesive tape that is heat-activated and used for a variety of applications. These tapes are made of a variety of materials such as polyethylene, polypropylene, polyvinyl chloride, polyester, and nylon. They are used in a variety of industries and applications, from medical and automotive to industrial and consumer products.

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The thermoplastic tape market has seen significant growth in recent years due to the increasing demand for lightweight, durable, and cost-effective solutions. This growth is driven by the rising demand for energy-efficient and sustainable products. As such, manufacturers are striving to develop products with improved performance and optimized cost. To meet this demand, manufacturers are exploring the latest trends in thermoplastic tapes technology.

One of the key trends in thermoplastic tapes technology is the development of advanced adhesive systems. Traditional thermoplastic tapes rely on solvent-based adhesives, which can be difficult to use and can have a negative environmental impact. To address this issue, manufacturers are developing new adhesive systems that are more user-friendly and environmentally friendly. These advanced adhesives are designed to provide superior adhesion and durability while also minimizing environmental impacts.

Another key trend in thermoplastic tapes technology is the development of new materials. Traditional thermoplastic tapes are made from polyethylene and polypropylene. However, manufacturers are now exploring the use of new materials such as polyvinyl chloride, polyester, and nylon. These materials offer improved performance characteristics and are more durable than traditional materials. As such, they are becoming increasingly popular in a variety of applications.

A third key trend in thermoplastic tapes technology is the development of self-adhesive tapes. Self-adhesive tapes are designed to be easily applied without the need for an adhesive. This makes them ideal for use in applications where an adhesive would be difficult to apply. In addition, self-adhesive tapes are also less expensive than traditional tapes, making them a more cost-effective solution.

Finally, manufacturers are also exploring the use of smart thermoplastic tapes. Smart thermoplastic tapes are designed to be used with sensors to monitor and control temperature and humidity levels. This technology can be used in a variety of applications, from packaging to medical devices. Smart thermoplastic tapes are also becoming increasingly popular in the automotive industry due to their ability to monitor and control temperature and humidity levels in vehicles.

In conclusion, the thermoplastic tape market is rapidly evolving, and manufacturers are exploring a variety of new trends in order to meet the growing demand for energy-efficient and sustainable solutions. Advanced adhesive systems, new materials, self-adhesive tapes, and smart thermoplastic tapes are some of the most important trends in thermoplastic tapes technology. These trends are helping to improve performance and optimize cost, making thermoplastic tapes an attractive solution for a variety of applications.

Key Drivers

The thermoplastic tapes market is driven by a number of factors. These include the increasing demand for thermoplastic tapes in a variety of industries, the growing use of thermoplastic tapes for packaging and labeling, the rising demand for thermoplastic tapes in medical applications, and the increasing availability of low-cost thermoplastic tapes.

The demand for thermoplastic tapes has increased significantly over the past few years due to their versatile nature and wide range of applications. Thermoplastic tapes can be used in a variety of industries, including automotive, construction, electronics, and medical. For instance, thermoplastic tapes are used for insulation in automotive wiring harnesses, sealing and joining in construction, and for protection against electromagnetic interference in electronics. In medical applications, thermoplastic tapes are used to secure dressings, catheters, and other medical devices.

The increasing use of thermoplastic tapes for packaging and labeling is another key driver of the thermoplastic tapes market. Thermoplastic tapes are used for sealing, labeling, and protecting products during shipping and handling. Additionally, thermoplastic tapes are used in a variety of labeling applications, including bar codes, product identification, and warning labels.

The growing demand for thermoplastic tapes in medical applications is another driver of the thermoplastic tapes market. Thermoplastic tapes are used in medical applications for a variety of reasons, including securing dressings, catheters, and other medical devices. Additionally, thermoplastic tapes are used in wound closure and as a barrier against infection.

The increasing availability of low-cost thermoplastic tapes is also driving the thermoplastic tapes market. Low-cost thermoplastic tapes are becoming increasingly available, which has enabled a wider range of customers to access them. This has increased the demand for thermoplastic tapes, as customers are able to purchase them at a lower cost.

In summary, the thermoplastic tapes market is driven by the increasing demand for thermoplastic tapes in a variety of industries, the growing use of thermoplastic tapes for packaging and labeling, the rising demand for thermoplastic tapes in medical applications, and the increasing availability of low-cost thermoplastic tapes. These drivers are expected to continue to support the growth of the thermoplastic tapes market over the coming years.

Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segmentation:

Thermoplastic Tapes Market is segmented into resin type, application, technology and region. Based on resin type the market is categorized into Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide and Others. On the basis of application, it is further segmented into Automotive, Aerospace and Defense, Electrical and Electronics, Building and Construction, Sports and Leisure and Others. Based on technology it is segmented into Hot-Melt Extrusion, Solvent Dipping, Pultrusion and Others. Whereas based on region it is divided into North America,Europe,Asia-Pacific and Rest of the World .

Key Players:

The Thermoplastic Tapes Market Report includes players such as 3M Company (U.S), Avery Dennison Corporation (U.S), DuPont de Nemours, Inc. (U.S), Toray Industries, Inc. (U.S), Teijin Limited (Japan), Nitto Denko Corporation (Japan), Sekisui Chemical Co., Ltd. (Japan), Tesa SE (Germany), Saint-Gobain Performance Plastics (France) and BASF SE (Germany), among others.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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sanjeev3214 · 3 months ago

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Packaging Market Report, Size, Share, Industry Overview, Latest Trends - 2029

Market Size and Growth

The packaging market size is projected to reach USD 1.14 trillion in 2024 and is expected to grow to USD 1.38 trillion by 2029, with a compound annual growth rate (CAGR) of 3.89%. This steady growth reflects the rising demand for packaging solutions driven by globalization, e-commerce, and innovative packaging technologies.

Key Market Trends

Rise of Flexible Packaging

Flexible packaging, including pouches and high-barrier films, is gaining popularity due to its versatility and cost-effectiveness. This trend is replacing traditional rigid packaging formats like metal tins and glass jars, particularly for food products.

Increasing Use of Eco-Friendly Materials

The shift towards sustainable packaging is notable, with an increasing preference for recyclable and biodegradable materials. Companies are innovating to meet consumer and regulatory demands for eco-friendly solutions.

Impact of E-commerce on Packaging Demand

The growth of e-commerce has significantly influenced packaging needs, with a focus on durability and cost efficiency. Packaging designed for direct-to-consumer shipments is evolving rapidly to enhance customer experience and reduce waste.

Packaging Market Major Players

The packaging industry is a vast and ever-evolving sector with a significant impact on various other industries. Here are some of the major players in global packaging market today:

Amcor PLC (Australia): A global leader in flexible packaging solutions for food, beverage, pharmaceutical,

Mondi PLC (UK): A multinational packaging and paper group with a strong presence in Europe, Central and Eastern Europe, and Asia.

Huhtamaki Oyj (Finland): A manufacturer of consumer goods packaging, especially for food and beverages, as well as specialty packaging for pharmaceuticals, medical & personal care applications.

Berry Global Inc (US): A diversified manufacturer of plastic packaging solutions for a wide range of consumer and industrial products.

Gerresheimer AG (Germany): A leading manufacturer of high-quality specialty glass and plastic products for the pharmaceutical, healthcare, food and beverage, and cosmetics industries.

Opportunities in the Packaging Industry

Technological Innovations

Advancements in technology, such as smart packaging and AI-driven logistics, offer new opportunities for efficiency and enhanced consumer engagement.

Sustainable Packaging Solutions

The push for sustainability drives innovation in recyclable and biodegradable materials, creating opportunities for companies to lead in green packaging.

Emerging Markets

Emerging markets in Asia, Africa, and Latin America present significant growth potential due to increasing consumer demand and industrialization.

Challenges in the Packaging Market

Environmental Concerns

The environmental impact of packaging, particularly plastic waste, poses a major challenge. Companies are under pressure to develop sustainable solutions.

Regulatory Hurdles

Varying regulations across regions can complicate compliance and increase operational costs for packaging companies.

Supply Chain Disruptions

Global supply chain disruptions, as seen during the COVID-19 pandemic, highlight the need for resilient and adaptable packaging strategies.

Market Segmentation

By Material Type

Plastic Packaging

Plastic packaging, both flexible and rigid, remains dominant due to its lightweight and versatile nature. However, environmental concerns are pushing for innovations in recyclable and biodegradable plastics.

Paper and Paperboard Packaging

Paper and paperboard are experiencing high growth due to their eco-friendly attributes. Products like paper bags, pouches, and cartons are increasingly popular in food and retail sectors.

Metal Packaging

Metal packaging, including cans and tins, offers robustness and extended shelf life, especially for beverages and canned goods. It remains an essential segment despite competition from other materials.

Glass Packaging

Glass packaging is valued for its inert nature and premium feel, making it ideal for beverages, pharmaceuticals, and cosmetics. Its recyclability also adds to its sustainability appeal.

By End-User Industry

Food and Beverage

This sector is the largest consumer of packaging products, driving demand for both flexible and rigid packaging solutions to ensure product safety and extend shelf life.

Healthcare

The healthcare industry relies on stringent packaging standards to protect pharmaceutical products and medical devices, ensuring they remain sterile and effective.

Personal Care and Cosmetics

Packaging in this industry focuses on aesthetics and functionality, with an emphasis on innovative designs and sustainable materials to attract eco-conscious consumers.

Conclusion

The packaging market is a dynamic and evolving industry, crucial for global trade and consumer goods. Despite challenges such as environmental concerns and regulatory complexities, the market offers significant growth opportunities through technological innovations and sustainable practices. As businesses and consumers continue to prioritize sustainability, the packaging industry is poised for a promising future.

#Packaging Market Report #Packaging Market #Packaging Industry #Global Packaging Market #Packaging Market Size #Packaging Market Share #Packaging Market Revenue #Packaging Market Growth rate

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industryinsightsandanalysis · 3 months ago

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Global Aluminum Foil Packaging Market Overview

The global aluminum foil packaging market is projected to grow at a rate of around 4% during the forecast period. This growth is driven by the increasing demand for packaged food and beverages, a growing affluent population, and rising disposable incomes.

Aluminum foil is widely used in food packaging due to its excellent resistance to oxygen and moisture, which surpasses that of plastic composite materials. Its versatility, strength, flexibility, and portability make it an ideal packaging material. These properties are particularly valued in the pharmaceuticals and food & beverages industries, leading to significant market growth. Additionally, the demand from online food retailers and drug companies has further expanded the market. Aluminum foil's ability to protect products from moisture and sunlight helps prevent deterioration.

Key Market Drivers

Growing Demand for Packaged Food & Beverages:

Increased consumption of packaged food and beverages drives the demand for aluminum foil packaging.

Affluent Population and Rising Disposable Income:

Economic growth and higher disposable incomes lead to greater demand for premium packaging solutions.

Versatility of Aluminum Foil:

Aluminum foil's flexibility, strength, and protective properties make it a preferred choice for various packaging applications.

Regulatory Support for Food Quality and Safety:

Government regulations encouraging high food quality and safety standards drive market players to develop effective packaging solutions that prevent contamination.

Shift in Lifestyle and Eating Habits:

Changes in lifestyle and eating habits, including a rise in demand for packaged food, boost the market.

Demand from Pharmaceutical Industry:

The need for high-quality packaging for pharmaceutical products increases the demand for aluminum foil packaging.

Market Segmentation

By Packaging Type:

Rigid Packaging

Semi-Rigid Packaging: Holds a prominent market share due to its combination of benefits from both rigid and flexible packaging. It is used extensively in pharmaceuticals, food, and beverages.

Flexible Packaging

By Application:

Foil Wraps: Leading the market due to their flexibility and ability to be easily bent, folded, or wrapped around objects. They are used in snack pouches, liquid cartons, candy wraps, confectionery wraps, and pharmaceutical pouches or bags.

Pouches

Blisters

Containers

Others

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Regional Analysis

The market is analyzed based on its presence across various regions:

North America: Includes the United States, Canada, and the Rest of North America.

Europe: Includes Germany, France, the United Kingdom, Italy, Spain, and the Rest of Europe.

Asia-Pacific: Includes China, Japan, India, Australia, and the Rest of APAC.

Rest of the World: Other regions not covered in the above categories.

Asia-Pacific Region

Asia-Pacific held a significant share in the aluminum foil packaging market, and demand is expected to increase during the forecast period. Factors contributing to this growth include:

Economic Expansion: Strong economic growth and increasing disposable incomes drive demand for premium packaging solutions.

Affluent Population: The growing affluent population in countries like China and India leads to higher consumption of packaged food and beverages.

Pharmaceutical Industry: Increased demand for high-quality packaging for pharmaceutical products boosts the market.

UnivDatos Market Insights

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Contact Number - +1 9782263411

Website -www.univdatos.com

#Aluminum Foil Packaging Market

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ilmemcmi · 3 months ago

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The Fututre of Contract Packaging Market Looks Bright Due to Growing Outsourcing Trends

The contract packaging market involves companies that package products on behalf of their clients. It allows brand owners to focus on core competencies while leveraging professional packagers’ expertise and infrastructure. The demand for outsourced packaging services is growing across industries like food & beverage, cosmetics, pharmaceuticals, and consumer goods. Manufacturers view contract packaging as a cost-effective strategy for small production runs, new product launches, and seasonal items. It provides flexibility to scale operations up or down quickly based on demand fluctuations.

The global contract packaging market was valued at US$ 60.5Bn in 2022, and is expected to exhibit a CAGR of 9.7%, in terms of revenue, over the forecast period (2023-2030) to reach US$ 127.1 Bn by 2030.

Rapid e-commerce growth and the need for warehouse automation are driving manufacturers to find packaging partners that can handle complex fulfillment tasks. Contract Packaging Market help brands improve supply chain responsiveness with just-in-time inventory management and reduced minimum order volumes. Their multi-client production models allow optimized facility utilization. Key Takeaways Key players in the contract packaging market include SUSI Studio, Insecta Shoes Canada Inc. ROMBAUT, In The Soulshine, Della La LLC, Reformation, Alabama Chanin, Wawwa, Doshi FCSA, Hiareth Collective, Komodo Fashion, Brave Gentle Man, ECOALF, Rapanui, and Tact & Stone. These companies have strong technical expertise across various packaging formats. They are making heavy investments in automated packaging lines and warehouse management systems. There are significant opportunities for contract packagers in the healthcare sector given the complexities of packaging temperature-controlled drugs and medical devices. They can assist pharmaceutical manufacturers achieve regulatory compliance while streamlining packaging operations. E-commerce growth is another key opportunity as online retailers require flexible multi-channel fulfillment from packaging partners. Globally, countries like China, India, and Mexico are attractive destinations for contract packagers looking to expand. Their lower costs and growing consumer markets are encouraging Western brands to switch to Asian contract manufacturers. At the same time, many Asian packagers are setting up facilities in the US and Europe to better serve local and export clients. Market Drivers One key driver for the contract packaging market is the trend of outsourcing non-core activities. Manufacturers want to focus on R&D, branding and sales while leveraging the expertise of specialist packagers. This helps optimize capital and reduces fixed costs. Market Restraints Over-reliance on a single contract packager can be risky if there are issues with quality, capacity or delivery timelines. Setting up multiple packaging partners requires higher coordination costs. There is also a lack of standardization in regulatory guidelines for packaging certain products like medicines across countries. This poses compliance challenges.

Segment Analysis For contract packaging market, the dominating sub segment is flexible packaging which holds around 60% market share. Flexible packaging provides convenience of re-sealability and easy handling to end users. Products such as baked foods, snacks, confectionery items are mostly shipped in flexible pouches or bags. Emerging e-commerce sector further propels the demand for flexible packages as such packages protects the product from external damage during shipping and distribution. Another major sub segment is rigid plastic packaging which holds around 25% share. Rigid plastic packaging involves use of materials such as plastics, glass for rigid containers. Products from industries like food, beverage, pharmaceutical among others widely use rigid plastic packs for sturdiness during transportation. Rising demand for packaged consumables drives the need for rigid plastic containers in contract packaging market. Global Analysis The Asia Pacific region holds the largest share in global contract packaging market currently. Growing middle class population, changing lifestyles and urbanization in countries like China and India augments the demand for packaged food and beverage items. This drives the contract packaging needs in Asia Pacific region. North America follows Asia Pacific in terms of market share. Rapid uptake of online shopping and increasing preference for small pack sizes supplements the contract packaging sector growth in North America. Europe, Latin America and Middle East & Africa also create profitable opportunities for contract packaging market players owing to expanding manufacturing industries and consumer base in these regions.

Gets More Insights on, Contract Packaging Market

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

#Packaging Market Value #Contract Packaging Market Analysis #Contract Packaging #Coherent Market Insights #Contract Packaging Market

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industrynewsupdates · 1 month ago

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Caps And Closures Market Business Growth, Opportunities and Forecast 2024-2030

The global caps and closures market size was estimated at USD 74.64 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030.

Growing demand for various food products and alcoholic and non-alcoholic beverages is anticipated to trigger market growth. Caps and closures act as a barrier and prevent packaged contents from getting exposed to ambient air and dust particles and allow easy dispensing. Caps and closures have applications in several other end-use industries, such as healthcare, personal care, home care, and automotive. Rising awareness about the benefits of healthy eating is likely to boost the demand for dietary supplements, which in turn is expected to further drive demand for packaging products.

Gather more insights about the market drivers, restrains and growth of the Caps And Closures Market

Council for Responsible Nutrition (CRN), a leading trade association representing dietary supplement and functional food manufacturers and ingredient suppliers in the U.S. conducted a consumer survey in 2023 on dietary supplements, wherein multivitamins were consumed by 70% of participants, followed by specialty supplements such as omega-3s, melatonin, probiotics, and fiber used by 52 % of participants. In addition, the sports nutrition supplements segment witnessed a 5% increase in consumption compared to previous years. All these factors are anticipated to drive the demand for market growth.

Increasing demand for caps and closures is closely associated with the rise of urbanization in the U.S. Consumers in urban areas prefer packaging solutions that are convenient and suitable for on-the-go consumption of food and beverages. Caps and closures play a vital role in providing this convenience by ensuring easy opening and closing of products, as well as preventing spills. In addition, they create an airtight seal that keeps the products fresh for a longer period by preventing the entry of bacteria. These address the growing concerns about safety and hygiene associated with food and beverage products, as they help prevent spoilage. Hence, expanding food and beverage industries with growing urbanization is expected to boost the demand for caps and closures over the forecast period.

Caps And Closures Market Segmentation

Grand View Research has segmented the global caps and closures market report based on material, product, application, and region:

Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Plastic

• Metal

• Others

Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Dispensing Caps

• Screw Closures

• Crown Closures

• Aerosol Closures

• Others

Application Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Beverages

• Food

• Healthcare

• Personal Care

• Home Care

• Industrial

Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o South Korea

o Australia

o Southeast Asia

• Central & South America

o Argentina

o Brazil

• Middle East & Africa

o South Africa

o Saudi Arabia

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

• The global rigid polyurethane foams market was estimated at a value of USD 20.69 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030.

• The global purging compound market size was valued at USD 748.5 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2030.

Key Companies & Market Share Insights

The market is characterized by the presence of multinational as well as regional players and several public-listed companies globally, making the market space highly competitive. Key players mainly cater to the demand from food, beverages, pharmaceutical, and beauty products industries.

Major players operating in the caps and closures industry are undertaking different strategies such as product launches, mergers, joint ventures, acquisitions, and geographical expansion. For instance, in February 2023, Berry Global Inc. introduced a comprehensive packaging solution specifically designed for pharmaceutical and herbal markets, targeting syrup and liquid medicines. This solution includes child-resistant and tamper-evident PET bottles and closures. The product range consists of seven different sizes, ranging from 20ml to one liter, all featuring a 28mm neck. Notably, certain bottles and closures within this range have undergone rigorous testing and certification processes, meeting child-resistant standards set by the EU's ISO8317 and US' 16CFR1700.20 regulations.

Key Caps And Closures Companies:

• Crown

• Amcor plc

• Closure Systems International

• Ball Corporation

• Silgan Holdings Inc.

• Guala Closures S.p.A

• AptarGroup, Inc.

• BERICAP

• Nippon Closures Co., Ltd.

• Sonoco Products Company

• Webpac Ltd

• JELINEK CORK GROUP

• UAB Elmoris

• CL Smith

• PELLICONI & C. SPA

• O. BERK

• UNITED CAPS

Order a free sample PDF of the Caps And Closures Market Intelligence Study, published by Grand View Research.

#Caps And Closures Market #Caps And Closures Industry #Caps And Closures Market size #Caps And Closures Market share #Caps And Closures Market analysis

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