#Pharmaceutical Caps And Closures Market Size

[colinwilson11]

Pharmaceutical Caps And Closures Market Will Grow At Highest Pace Owing To High Adoption Of Safety And Tamper Evidence Features

The pharmaceutical caps and closures market caters to the capsule-filling needs of pharmaceutical companies for packing prescribed drugs. Capsules made from gelatin help improve bioavailability and protect the drug from moisture, which enhances shelf life. Closures such as screw caps offer tamper evidence and ensure safety. The demand for such caps and closures is rising globally due to an aging population and growing prevalence of lifestyle diseases.

The Pharmaceutical Caps And Closures Market is estimated to be valued at US$ 6.4 Bn in 2024and is expected to exhibit a CAGR of 6.7% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the pharmaceutical caps and closures market are Aptar Pharma (AptarGroup), West Pharmaceutical Services, Datwyler Sealing Solutions (Datwyler Group), Lonstroff (Sumitomo Rubber Industries), and Ompi (Stevanato Group). Aptar Pharma and West Pharmaceutical Services collectively account for over 30% of the global market share.

The rising incidence of chronic diseases and increasing generic drug production are fueling demand for pharmaceutical capsules and closures globally. As per estimates, chronic diseases affect over 100 million people in the United States. This is prompting pharmaceutical companies to ramp up production.

Technological advancements are aiding capsule delivery systems. New gelatin compositions improve solubility and bioavailability, while innovative container closure combinations offer better tamper evidence. 3D printing technology is also being explored for high-quality capsule manufacturing.

Market Trends

Sustainability initiatives - Major market players are investing in eco-friendly closure and packaging solutions made from recycled PET and plant-based polymers to reduce plastic waste.

Digitalization - Pharma companies are digitizing packaging lines with track-and-trace solutions and integrating IoT sensors for automated inspection and quality control. This improves production efficiency.

Market Opportunities

Growth in emerging markets - With rising income levels, countries like India, Brazil and China offer lucrative opportunities for pharmaceutical supplies including caps and closures.

Personalized medicines - Tailored drugs require specialized delivery via advanced capsules, thus presenting attractive opportunities, especially in the orphan drug segment.

Impact Of COVID-19 On Pharmaceutical Caps And Closures Market

COVID-19 pandemic has disrupted all markets across the globe. The Pharmaceutical Caps And Closures market was also impacted severely due to disruptions in supply chain, trade restrictions, and lockdowns imposed by various governments. During the initial lockdown phase, production and operations were halted entirely. With restricted movement of goods, shortage of raw materials occurred which hampered manufacturing. Demand also dropped significantly from pharma companies as elective procedures and non-emergency treatments were postponed.

However, as the pandemic intensified, demand from pharmaceutical sector increased manifold for drugs, vaccines and medical supplies. Manufacturers ramped up production and worked on establishing alternative supply routes to meet the growing needs. Governments also took initiatives to support pharma industry and streamline approval processes. With vaccination drives currently underway worldwide, production of caps and closures is expected to remain high. Companies are making investments in expanding capacities and digitizing operations to ensure resilience against future crises. While short term impact was negative, COVID-19 has fast tracked industry’s overall growth trajectory in long run due to emphasis on health security.

In terms of geographical regions, North America region accounts for the largest share in Pharmaceutical Caps And Closures market in value terms currently. This is attributed to presence of major pharma companies, high healthcare spending and rapid adoption of new technologies. Asia Pacific region is expected to witness fastest growth during forecast period with rising incomes, healthcare reforms and increasing generic drug manufacturing in countries like India and China which will drive demand. Europe holds second largest regional market due to advanced pharmaceutical industry and strict quality and safety norms for packaging.

The United States accounts for majority value share within North American region for Pharmaceutical Caps And Closures market. This is because US is the largest pharmaceutical market globally and spends heavily on prescription drugs and medications. India from Asia Pacific region is poised to emerge as the fastest growing country level market during forecast period 2024-2031 backed by low cost manufacturing, government initiatives for domestic industry and changing disease patterns.

Get more insights on this topic: https://www.trendingwebwire.com/pharmaceutical-caps-and-closures-market-is-estimated-to-witness-high-growth-owing-to-innovations-in-tamper-evidence-solutions/

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)

What Are The Key Data Covered In This Pharmaceutical Caps And Closures Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Pharmaceutical Caps And Closures's growth between 2024 and 2031.

:- Accurate calculation of the size of the Pharmaceutical Caps And Closures and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Pharmaceutical Caps And Closures Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Pharmaceutical Caps And Closures vendors

FAQ’s

Q.1 What are the main factors influencing the Pharmaceutical Caps And Closures?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Pharmaceutical Caps And Closures companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the Pharmaceutical Caps And Closures’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note: 1. Source: Coherent Market Insights, Public sources, Desk research 2. We have leveraged AI tools to mine information and compile it

[harshnews]

IBC Cap Market Size, Share, Trends, Growth and Competitive Analysis

"IBC Cap Market – Industry Trends and Forecast to 2028

Global IBC Cap Market, By Product Type (Flange, Plugs, Vent-in Plug, Vent-out Plug and Screw closure), Type (Plastic IBC, Metal IBC and Composite IBCs), Material Type (Plastics, Metal, Aluminium and Steel), End Use (Chemicals & Fertilizers, Petroleum & Lubricants, Paints, Inks & Dyes, Food & Beverage, Agriculture, Building & Construction, Healthcare & Pharmaceuticals and Mining), Application (Food And Drinks, Chemical Industry, Oil and Agriculture), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Access Full 350 Pages PDF Report @

The global IBC cap market is expected to witness significant growth over the forecast period due to the increasing demand for intermediate bulk containers (IBCs) in various industries such as chemicals, food and beverages, pharmaceuticals, and others. The IBC caps play a crucial role in ensuring the safe storage and transportation of liquid products. The market growth is also being driven by technological advancements in IBC cap designs, such as tamper-evident seals and spouts for easy dispensing. Additionally, the growing focus on sustainability and recyclability of packaging materials is further boosting the adoption of IBC caps made from eco-friendly materials.

**Segments**

- Based on material type, the IBC cap market can be segmented into plastic, metal, and others. Plastic caps are widely used due to their lightweight nature and cost-effectiveness. - By cap type, the market can be categorized into screw caps, snap-on caps, and flip-top caps. Screw caps are preferred for their secure sealing properties. - On the basis of end-user industry, the market can be divided into chemicals, food and beverages, pharmaceuticals, and others. The chemicals segment is anticipated to hold a significant market share due to the widespread use of IBCs for storing chemical products.

**Market Players**

- TPS Industrial Srl - Schuetz GmbH & Co. KGaA - Mauser Packaging Solutions - Time Technoplast Ltd - Berry Global Inc. - THIELMANN UCON AG - Precision IBC, Inc. - Peninsula Packaging LLC

These market players are actively involved in strategic initiatives such as product launches, partnerships, and acquisitions to strengthen their market presence and expand their product offerings. The competitive landscape of the IBC cap market is characterized by intense competition, prompting companies to focus on innovation and quality to gain a competitive edge.

The Asia-Pacific region is expected to witness substantial growth in the IBC cap market, driven by the rapid industrialization and the increasing adoption of IBCsThe Asia-Pacific region represents a significant growth opportunity for the global IBC cap market due to several key factors. With rapid industrialization and the expanding manufacturing sector in countries like China, India, and Southeast Asia, there is a growing demand for efficient storage and transportation solutions, including IBCs and their associated caps. The increased focus on chemical production, food processing, and pharmaceutical manufacturing in the region further fuels the need for reliable packaging solutions like IBC caps. As these industries continue to grow, the adoption of IBC caps is expected to rise, driving market expansion in the Asia-Pacific region.

Moreover, the emphasis on enhancing safety standards and ensuring product integrity is a crucial factor contributing to the growth of the IBC cap market in Asia-Pacific. Regulations regarding the safe handling and transportation of hazardous chemicals and pharmaceuticals necessitate the use of high-quality caps that can effectively seal and protect the contents of IBCs. As companies in the region strive to comply with stringent regulatory requirements, the demand for advanced and secure IBC caps is projected to increase significantly.

Additionally, the shift towards sustainability and eco-friendly practices is another trend shaping the IBC cap market in Asia-Pacific. With growing environmental concerns and increasing awareness about plastic pollution, there is a rising preference for IBC caps made from recyclable and biodegradable materials. Market players in the region are focusing on developing sustainable packaging solutions to meet the evolving consumer demands and align with global sustainability goals. This shift towards eco-friendly IBC caps not only addresses environmental concerns but also presents market players with opportunities to differentiate their offerings and attract environmentally conscious customers.

Furthermore, the competitive landscape of the IBC cap market in Asia-Pacific is characterized by the presence of both local manufacturers and international players. Local companies often have a strong understanding of regional market dynamics and customer preferences, giving them a competitive advantage in catering to specific industry needs. On the other hand, multinational companies bring technological expertise and a wide product portfolio, which can appeal to a broader customer base seeking innovative and**Global IBC Cap Market, By Product Type**

- Flange - Plugs - Vent-in Plug - Vent-out Plug - Screw closure

**Type**

- Plastic IBC - Metal IBC - Composite IBCs

**Material Type**

- Plastics - Metal - Aluminium - Steel

**End Use**

- Chemicals & Fertilizers - Petroleum & Lubricants - Paints, Inks & Dyes - Food & Beverage - Agriculture - Building & Construction - Healthcare & Pharmaceuticals - Mining

**Application**

- Food And Drinks - Chemical Industry - Oil and Agriculture

The Global IBC Cap market is experiencing significant growth due to the rising demand for intermediate bulk containers across various industries. Plastic caps are increasingly preferred for their lightweight and cost-effective nature, driving market growth within the material type segment. Screw caps, known for their secure sealing properties, dominate the cap type category. The chemicals segment is anticipated to hold a substantial market share among end-user industries, attributed to the widespread use of IBCs for chemical storage. The market players in the industry are focusing on strategic initiatives like product launches and partnerships to enhance their market presence and offerings. The competitive landscape is intense, spurring companies to innovate and prioritize quality for a competitive advantage.

In Asia-Pacific, the IBC cap market is poised for robust growth fueled by rapid industrialization and the expanding manufacturing sector, particularly in countries like China,

Countries Studied:

North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Key Coverage in the IBC Cap Market Report:

Detailed analysis of IBC Cap Market by a thorough assessment of the technology, product type, application, and other key segments of the report

Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period

Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth

Comprehensive analysis of the regions of the IBC Cap industry and their futuristic growth outlook

Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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[market-watch]

Inverted Squeeze Bottle Market Insight | Outlook | Growth Analysis Report 2030

Inverted Squeeze Bottle Market Report has recently added by Value Market Research, this surveillance report establishing the facts based on current scenarios, historical records from 2022 to future forecast upto 2030. This report explicit data of various outlook such as market share, size, growth rates, and industry opportunities and offering an economical advantage for business success. It furnish the 360-degree overview of the competitive landscape of the global industries. Porter’s Five Forces Model analysis has been used to understand the industry’s structure, strength, weaknesses, opportunities, threats and challenges in front of the businesses. Moreover, the report also highlights a sudden occurrence of COVID 19 impact on Inverted Squeeze Bottle market to improve future capacities and other developments.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the inverted squeeze bottle market include Genesis Industries, Inc., IonWays, LLC, Midland Manufacturing Company, Inc., Kyoraku Co., Ltd., The Original Squeeze Company, Suzhou Innovation Packaging Materials Co.,Ltd, Illing Company, Inc., Kaufman Container Company etc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Get more information on "Global Inverted Squeeze Bottle Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/inverted-squeeze-bottle-market/download-sample

Market Dynamics

The growing utilization of squeeze bottles in several industries such as food, drinks, healthcare, and personal care, pharmaceuticals, and so on is the major factor driving the inverted squeeze bottle market. The huge benefits are associated with squeeze bottles, such as it leaves less waste, Better control of food quantity, Easy fit into refrigerator door shelves, and require less space in the refrigerator, which might create high market demand in the coming years across the food industry. The rising popularity of fast food and Italian food like pasta and pizza among consumers across the globe is positively impacting the inverted squeeze bottle market’s growth. Moreover, the rapidly growing food and beverage industry across the globe is likely to create lucrative growth opportunities for key players of the Inverted squeeze bottle market in the coming years.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of inverted squeeze bottle. The growth and trends of inverted squeeze bottle industry provide a holistic approach to this study.

Browse Global Inverted Squeeze Bottle Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/inverted-squeeze-bottle-market

Market Segmentation

This section of the inverted squeeze bottle market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Closure Type

Flip Top Cap

Plug Orifice Cap

Screw Cap

Others

By Material Type

Polyethylene Terephthalate (Pet)

Polypropylene (Pp)

High Density Polyethylene (Hdpe)

Others

By Capacity

Up To 100 Ml

100 Ml To 250 Ml

250 Ml To 500 Ml

500 Ml To 750 Ml

Above 750 Ml

By End Use Industry

Food & Beverages

Automobile

Personal Care & Hygiene

Healthcare & Pharmaceutical

Chemicals

Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Inverted Squeeze Bottle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Purchase Complete Global Inverted Squeeze Bottle Market Research Report at https://www.valuemarketresearch.com/contact/inverted-squeeze-bottle-market/buy-now

About Us:

Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information.

We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.

Contact:

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Maharashtra, INDIA.

Tel: +1-888-294-1147

Email: sales@valuemarketresearch.com

Website: https://www.valuemarketresearch.com

[healthcarenbz]

Customisation in Effervescent Tube Manufacturing_ Meeting Diverse Industry Needs

Effervescent tubes are essential in the healthcare and pharmaceutical sectors, designed to preserve the quality and efficacy of effervescent tablets by shielding them from moisture, light, and air. While standardised manufacturing ensures consistency, the growing demand for tailored solutions has shifted the focus to customisation in effervescent tube manufacturing.

In a world where branding, functionality, and sustainability are paramount, customised effervescent tubes cater to diverse industry needs while maintaining high performance. This article delves into the significance, processes, and advantages of customisation in effervescent tube manufacturing, highlighting how it aligns with the demands of varied sectors.

What Is Customisation in Effervescent Tube Manufacturing?

Customisation in effervescent tube manufacturing refers to tailoring the design, size, material, and features of tubes to meet the specific requirements of brands or industries. It allows manufacturers to create unique packaging solutions that align with a company’s branding, usability, and sustainability goals.

Why Customisation Matters

1. Brand Identity and Recognition

Customised effervescent tubes enable businesses to distinguish their products in a competitive market. By incorporating unique colours, logos, and branding elements, companies can create packaging that resonates with their target audience.

2. Functional Requirements

Different industries and products have specific needs. For instance, pharmaceutical products may require child-resistant caps, while sports supplements may need larger tubes for multiple tablets. Customisation addresses these functional demands.

3. Consumer Convenience

Ease of use is a critical factor for consumer satisfaction. Customisation allows for user-friendly designs, such as easy-to-open caps or ergonomic shapes, enhancing the overall consumer experience.

4. Sustainability Goals

As businesses strive for eco-friendly solutions, customisation enables the use of biodegradable or recycled materials, aligning packaging with sustainability initiatives.

5. Global Market Requirements

Regulatory standards vary across regions. Customisation ensures compliance with local packaging laws, such as labelling and safety features, making products market-ready globally.

Key Features of Customised Effervescent Tubes

Variable Sizes and CapacitiesCustom tubes can accommodate different tablet quantities, from single-use packs to bulk packaging.

Material ChoicesManufacturers offer a range of materials, including:

Polypropylene (PP): Durable and moisture-resistant.

High-Density Polyethylene (HDPE): Lightweight and cost-effective.

Eco-Friendly Materials: Bioplastics and recycled plastics for sustainability.

Advanced Closure Systems

Child-Resistant Caps: For pharmaceutical safety.

Tamper-Evident Seals: Ensuring product integrity.

Easy Snap-On or Screw Caps: For convenience.

Customised Branding

Printed logos, graphics, and product details.

Colour-coded tubes for easy identification.

Innovative ShapesUnique designs, such as ergonomic shapes or compact tubes, make products stand out on shelves.

The Process of Customising Effervescent Tubes

Requirement AnalysisThe process begins with understanding the client’s specific needs, such as tablet size, quantity, branding elements, and functional features.

Design and Prototyping

3D Modelling: Digital models are created to visualise the design.

Prototyping: Physical samples are produced for client approval before mass production.

Material SelectionBased on durability, aesthetics, and environmental considerations, the appropriate material is chosen.

ManufacturingAdvanced injection moulding and extrusion techniques are used to create the customised tubes with precision.

Printing and FinishingHigh-quality printing methods, such as screen printing or digital printing, are applied for branding and labelling.

Quality ControlRigorous testing ensures the tubes meet industry standards for moisture resistance, durability, and safety.

Industries Benefiting from Customised Effervescent Tubes

1. Pharmaceuticals

Pharmaceutical companies rely on customised tubes to meet stringent safety and regulatory standards. Features like child-resistant caps and clear labelling ensure consumer safety and compliance.

2. Dietary Supplements

The growing market for health supplements demands visually appealing and functional packaging. Customised tubes cater to branding needs while ensuring the tablets' quality.

3. Food and Beverages

Effervescent drink tablets, such as electrolyte supplements, benefit from custom tubes that maintain freshness and convenience for on-the-go consumers.

4. Personal Care Products

Customised tubes are ideal for packaging effervescent bath bombs or skincare tablets, offering a premium look and feel.

5. Industrial Applications

Effervescent cleaning tablets used in industrial settings require durable and moisture-resistant packaging, tailored to specific environments.

Innovations in Customised Effervescent Tube Manufacturing

1. Smart Packaging

Integration of QR codes or NFC tags on tubes allows consumers to access product information or verify authenticity.

2. Eco-Friendly Solutions

Manufacturers are increasingly adopting biodegradable plastics and recycled materials to meet sustainability goals.

3. Advanced Printing Techniques

High-definition printing ensures vibrant colours and intricate designs, enhancing shelf appeal.

4. Multifunctional Caps

Innovations like integrated desiccants or dispensers add functionality to the packaging.

NBZ Healthcare: Leading the Way in Customised Effervescent Tubes

One of the standout names in the industry, NBZ Healthcare, has earned a reputation for delivering high-quality customised effervescent tubes. With a focus on innovation and sustainability, they cater to diverse industry needs with:

Tailored Designs: Meeting branding and functional requirements.

Eco-Friendly Manufacturing: Offering sustainable packaging solutions.

Global Reach: Ensuring compliance with international standards.

Advanced Technology: Leveraging state-of-the-art machinery for precision.

Whether it’s a pharmaceutical product needing child-resistant features or a dietary supplement requiring vibrant branding, NBZ Healthcare’s custom solutions have set new benchmarks in the industry.

Benefits of Customisation in Effervescent Tube Manufacturing

1. Enhanced Product Appeal

Custom designs attract consumer attention, boosting sales and brand loyalty.

2. Improved Functionality

Tailored features like tamper-evident seals and easy-to-use caps enhance user experience.

3. Market Competitiveness

Unique packaging differentiates products in crowded markets, offering a competitive edge.

4. Regulatory Compliance

Customisation ensures adherence to regional packaging standards, facilitating global market entry.

5. Sustainability

Eco-friendly materials and processes align with consumer and regulatory demands for green packaging.

The Future of Customised Effervescent Tube Manufacturing

As consumer preferences evolve and industries demand more specialised solutions, the future of customised effervescent tube manufacturing looks promising. Key trends include:

Sustainability: Increased adoption of biodegradable and recyclable materials.

Personalisation: Packaging tailored for individual consumer preferences.

Smart Features: Integration of digital elements for enhanced functionality.

Automation: Advanced machinery for faster, more efficient customisation processes.

Conclusion

Customisation in effervescent tube manufacturing is more than a trend—it’s a necessity in today’s dynamic market. By offering tailored solutions that meet the specific needs of industries, customised tubes enhance product appeal, functionality, and sustainability.

Companies like NBZ Healthcare are leading the charge, combining innovation, quality, and eco-conscious practices to deliver exceptional packaging solutions. As the demand for unique and efficient packaging grows, the future of customised effervescent tube manufacturing holds immense potential, ensuring it remains a cornerstone of modern industry.

[industrynewsupdates]

Pharmaceutical Packaging Market Challenges, Strategies And Forecast Report 2024 - 2030

The global pharmaceutical packaging market size was valued at USD 139.37 billion in 2023 and is expected to grow a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030.

The enormous growth of the pharmaceutical sector is one of the primary growth factors for the pharmaceutical packaging sector. The pharmaceutical business has been expanding quickly in recent years due to scientific and technological advancements, and this trend is predicted to continue over the projection period, particularly in developing nations like China, India, Saudi Arabia, and Brazil.

The U.S. accounted for the largest pharmaceutical market worldwide. Large healthcare system, high per capita income, and large investments in drug development in the country are some of the key factors driving the U.S. market. Furthermore, growing importance of generic drugs and access to better healthcare services are anticipated to provide lucrative opportunities for pharmaceutical packaging in the coming years. The 21st Century Cures Act (Cures Act) was signed on December 13, 2016, in the U.S. and is designed to accelerate medical product development. The law is expected to drive new innovations in product developments in pharmaceutical industry. This is expected to drive the demand for pharmaceutical packaging in U.S.

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

Pharmaceutical Packaging Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR of more than 12% from 2024 to 2030. This growth is due to the rapidly expanding pharmaceutical market, particularly in China & India, and rising cases of various diseases, such as cancer and heart problems

• In terms of material, the glass segment is projected to ascend at the highest CAGR of 10.3% over the forecast period. Strong chemical resistance to various medicinal products and the ability to withstand heating treatment during the sterilization process is expected to expand the penetration of glass packaging

• Pharma manufacturing is the key end-use segment that accounted for the highest share of 49.9% in 2023 and is expected to witness strong growth from 2024 to 2030. This is owing to the increasing demand for medicines.

• In April 2022, Amcor has launched new and more sustainable High Shield laminates to its pharmaceutical packaging portfolio. This is low carbon, recycle-ready, and moisture resistant packaging solution, thus end use companies’ recyclability agendas

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

• The global flexible paper packaging market size was estimated at USD 50.35 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. 

• The global seaweed packaging market size was valued at USD 699.23 million in 2023 and is expected to expand at a CAGR of 6.6% from 2024 to 2030.

Pharmaceutical Packaging Market Segmentation

Grand View Research has segmented the pharmaceutical packaging market on the basis of on material, product, drug delivery mode, end-use, and region:

Pharmaceutical Packaging Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Plastics & Polymers

o Polyvinyl Chloride (PVC)

o Polypropylene (PP)

o Homo

o Random

o Polyethylene Terephthalate (PET)

o Polyethylene (PE)

o HDPE

o LDPE

o LLDPE

o Polystyrene (PS)

o Others

• Paper & Paperboard

• Glass

• Aluminium Foil

• Others

Pharmaceutical Packaging Product Outlook (Revenue, USD Million, 2018 - 2030)

• Primary

o Plastic Bottles

o Caps & Closures

o Parenteral Containers

o Syringes

o Vials & Ampoules

o Others

o Blister Packs

o Prefillable Inhalers

o Pouches

o Medication Tubes

o Others

• Secondary

o Prescription Containers

o Pharmaceutical Packaging Accessories

• Tertiary

Pharmaceutical Packaging Drug Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)

• Oral Drugs

• Injectables

• Topical

• Ocular/ Ophthalmic

• Nasal

• Pulmonary

• Transdermal

• IV Drugs

• Others

Pharmaceutical Packaging End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharma Manufacturing

• Contract Packaging

• Retail Pharmacy

• Institutional Pharmacy

Pharmaceutical Packaging Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

o Italy

o Spain

o Russia

o Turkey

• Asia Pacific

o China

o India

o Japan

o South Korea

o Australia

o Southeast Asia

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o Saudi Arabia

o UAE

o South Africa

o Egypt

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

[rpmarketresearch]

Plastic Caps and Closures Market Size, Type, segmentation, growth and forecast 2023-2030

Plastic Caps and Closures Market Scenario and Scope

Plastic Caps and Closures are essential packaging components used to seal bottles, jars, and containers across various industries. These caps and closures ensure the safety and preservation of the contents, making them crucial in sectors such as beverages, pharmaceuticals, personal care, and more. The global Plastic Caps and Closures Market was valued at USD 16.90 billion in 2022 and is projected to reach USD 23.60 billion by 2030, registering a CAGR of 4.90% during the forecast period. The market's growth is driven by increasing consumer demand for convenience in packaging and the expansion of the packaging industry, particularly in emerging economies within the Asia Pacific region.

Get a Sample PDF of the Report: https://www.reportprime.com/enquiry/sample-report/367

Market Trends Influencing the Plastic Caps and Closures Market

Rising Demand for Convenient Packaging Solutions: The growth in consumer preference for packaging that offers ease of use, along with enhanced safety features, is a significant driver of the Plastic Caps and Closures Market.

Expansion of the Packaging Industry: With the continuous growth of the packaging industry, particularly in sectors like beverages and personal care, the demand for plastic caps and closures is on the rise.

Growth in Emerging Economies: The Asia Pacific region, led by countries like China and India, is expected to dominate the market due to rapid industrialization, urbanization, and increasing disposable incomes.

Sustainability Trends: Increasing environmental awareness is pushing manufacturers to innovate with more sustainable materials and designs, impacting the market dynamics.

Request a Free Sample PDF Brochure of Plastic Caps and Closures Market: https://www.reportprime.com/enquiry/sample-report/367

Plastic Caps and Closures Segment Analysis

Plastic Caps and Closures Market, by Type:

PP (Polypropylene) Caps and Closures

PE (Polyethylene) Caps and Closures

Handheld Plastic Caps and Closures

PP and PE caps and closures are expected to lead the market due to their widespread use in various applications, including beverages, pharmaceuticals, and personal care products. These materials are favored for their durability, flexibility, and cost-effectiveness, making them suitable for a broad range of packaging solutions.

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Plastic Caps and Closures Market, by Application:

Beverage Industry

Pharmaceutical Industry

Personal Care Products

Pharma and Healthcare

Others

The beverage industry holds the largest share of the Plastic Caps and Closures Market, driven by the increasing consumption of bottled water, soft drinks, and other beverages. The pharmaceutical industry also represents a significant market segment due to the need for secure and tamper-evident packaging for drugs and medical products.

Plastic Caps and Closures Competitive Analysis

Bericap

Closure Systems International

Berry Global

Aptar Group

Silgan

ALPLA

THC

Mold Rite Plastics

Oriental Containers

Zijiang

Jinfu

ZhongFu

Blackhawk Molding

Mocap

The competitive landscape of the Plastic Caps and Closures Market is marked by the presence of key players like Berry Global, Closure Systems International, and Silgan. These companies are focusing on innovation, strategic mergers, and expanding their product portfolios to maintain their market positions. The Asia Pacific region is a significant growth area for these companies due to the rising demand for packaging solutions in the region.

Regulatory and Legal Factors

Regulatory and legal factors are crucial in the Plastic Caps and Closures Market, particularly in ensuring product safety, environmental compliance, and adherence to industry standards. Key regulations include:

FDA Regulations: In the U.S., plastic caps and closures used for food and pharmaceuticals must comply with FDA standards to ensure they are safe for use.

EU Regulations: The European Union mandates strict guidelines regarding the use of materials in food packaging, ensuring they do not pose any health risks.

Environmental Regulations: With growing concerns over plastic waste, regulations such as the EU's Single-Use Plastics Directive and various national laws are pushing for the use of recyclable and eco-friendly materials in plastic caps and closures.

ISO Certifications: These standards ensure that products meet global quality and safety requirements, which is crucial for market acceptance and competitiveness.

Compliance with these regulations is essential for market players to avoid legal challenges and maintain their reputation. Companies are increasingly focusing on sustainable practices and eco-friendly materials to align with global environmental goals and consumer expectations.

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Asia-Pacific Metal Packaging Coatings Market - Forecast(2024 - 2030)

Asia-Pacific Metal Packaging Coatings Market Overview

Asia-Pacific Metal Packaging Coatings Market size is forecast to reach US$1,990.4 million by 2027, after growing at a CAGR of 7.3% during 2022-2027. The preference for metal food & beverage containers in the Asia-Pacific region has been increasing rapidly, owing to its range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging. The development of new coating technologies which include Bisphenol A non-intent (BPA-NI) coatings are further fueling the growth of the market in the Asia-Pacific region. Moreover, increasing demand for metal packaging coatings from the pharmaceutical industry are further accelerating the growth of the market in the Asia-Pacific region. Also, strict regulations regarding the use of plastics in various countries across the Asia-Pacific region along with increasing product launches and developments associated with metal packaging is expected to increase the demand for metal packaging coatings for use in various end-use industries over the forecast period.

Covid-19 Impact

The COVID-19 outbreak led to major economic problems and challenges for the food & beverage, pharmaceutical, cosmetic, and other industries in the Asia-Pacific region. According to the International Monetary Fund (IMF), the GDP growth of the Asia declined by 1.3% and Australia by 2.4% as indicated in the graphs, owing to the economic impact of COVID-19. The governments all across the Asia-Pacific region announced strict measures to slow the spread of the coronavirus and only the production of essential commodities were allowed, which impacted the non-essential commodity industries, thereby impacting the production of metal packaging coatings as well. However, economic stimulus packages allotted for multiple sectors in the Asia-Pacific region and the start of industrial production activities since 2021 is improving the metal packaging coatings market growth in the Asia-Pacific region by its increasing utilization in various industries.

Report Coverage

The report: “Asia-Pacific Metal Packaging Coatings Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Asia-Pacific metal packaging coatings industry.

By Packaging Types: Food (2 piece and 3 piece), Caps & Closure (External and Internal), and General Line (External and Internal) By Coating Types: Water based, Solvent based, and Powder based. By Resins Type: Acrylic, Fluoropolymer, Urethanes, Epoxy (BPA and Non-BPA), Amines, and Others. By Application: Food (Sea Food, Meat, Infant Nutrition & Dairy, Vegetables, Catering, Biscuits, Cookies & Confectionary, Fats & Oils, Toppings, and Others), Pharmaceutical, Cosmetics, Personal Care, and Others. By Country: China, Japan, Thailand, Vietnam, India, Indonesia, Malaysia, and Rest of Asia-Pacific.

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Key Takeaways

China dominated the Asia-Pacific Metal Packaging Coatings Market in the year 2021. One of the key drivers driving the market is increasing use of metal packaging in food products such as fruits, vegetables, infant nutrition & dairy, bakery, and other similar products in order enhance the durability of metal packaging.

Increasing product launches for phenolic resins that are primarily used in a wide range of metal packaging coatings employed in food, pharmaceuticals, and other applications which require a smooth, durable, and spotless finish, has driven the market growth. For instance, In June 2020, companies such as Allnex GMBH, which has its presence in the Asia-Pacific region launched its new eco-friendly phenolic resin for use in BPAni application for metal packaging coatings.

Strict environmental regulations are driving metal packaging coating manufacturers in the Asia-Pacific region to adopt environmentally conscious practices, thus, the demand for water-based coatings are increasing significantly in the region.

Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Coating Types

The water based coating segment held the largest share in 2021 and is expected to grow at a CAGR of 8.2% by 2027. Water-based coating is an environmentally friendly surface treatment that disperses the resin used in the coatings using water as a solvent. They have a high degree of flexibility and reduce moisture and solar radiation absorption, thereby, resulting in fewer solvent emissions. The VOC (Volatile Organic Compounds) content in the water-based coating is significantly low, and since there are regulations restricting the high VOC content in Asia-Pacific is resulting in its increasing adoption by metal packaging coating manufacturers based in the region. For instance, in 2021, China launched its 14th Five-Year Plan, the chemical sector refocused its environmental protection goals on low-carbon transformation and comprehensive control of VOC emissions, as well as a considerable emphasis on encouraging low VOC products. Furthermore, as compared to solvent-based coatings, water-based coatings for metal packaging require less coating to cover the same surface area, cost less, and do not require any additives, thinners, or hardeners because they provide higher adherence. Thus, water-based barrier coatings are utilized to protect the metal packaging from external and internal effects by sealing the substrate surface. 

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Asia-Pacific Metal Packaging Coatings Market Segment Analysis - By Application

Food sector held the largest share with 66% in the Asia-Pacific Metal Packaging Coatings Market in 2021 and is anticipated to grow at a CAGR of 7.4% during the forecast period 2022-2027. Metal packaging cans, containers, tins, and more are utilized for the packaging of the food because these types of packaging maintain the food filling's flavors and nutritional content ranging from months to several years. However, the direct contact between the metal packaging and food content filled inside the cans and other types of packaging are not safe. The direct contact between metal and food can degrade the food content, owing to this food-friendly coating are applied to safeguard the packaged food from corroding metal. The shifting the focus of Asia-Pacific packaging manufacturers from plastic to metal is expected to drive up the demand for metal packaging coatings for food cans. This is further projected to expand the market growth in the Asia-Pacific region. According to UACJ Corporation, between 2019 and 2022, global demand for aluminium used in cans will rise 11% to 6.61 million tons per year. Southeast Asian countries are likely to account for half of that demand, according to the report. Thus, rising demand for cans will accelerate the production for aluminium cans, which further benefits the metal packaging coatings demand.

Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Country

China dominated the Asia-Pacific Metal Packaging Coatings Market in terms of revenue with a share of 59% in 2021 and is projected to dominate the market during the forecast period (2022-2026). In China, the metal packaging coatings market is fueled by the growth of the country’s food & beverage sectors. For instance, according to the China Chain Store & Franchise Association, China’s food and beverage sector was valued at around US$ 595 billion in 2019, an increase of 7.8% in comparison to 2018. Metal cans offer a range of benefits such as better food protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. In August 2020, ORG technology, the Chinese manufacturer of food cans, launched its white paper on the strategic development of food cans. The company focused on coated iron metal cans with moisture-proof, environmental protection, safety, corrosion resistance, anti-extrusion, and other characteristics to gain traction in the market. In this way, such increasing food production along with the development of food cans in China, owing to its various benefits as mentioned above, is expected to increase the demand for metal packaging coatings to further enhance the durability of such food cans. This is expected to accelerate the growth of the market in China during the forecast period.

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Asia-Pacific Metal Packaging Coatings Market Driver

Increasing Preference for Metal Containers in Food & Beverage Sector

Metal packaging coatings are primarily used to coat different metals such as steel, aluminum, tin-plate, and more that are used for food & beverage packaging in order to enhance its ability to resist corrosion. Metal containers offer a range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. For instance, vegetables, fruits, pet food, soups, and meats are often packaged in metal cans. Canning foods help prolong their shelf life and can help people afford to make healthy dietary choices. Similarly, soda, beer, and even wine are usually packaged in aluminum cans since aluminum beverage cans are the most recycled category for aluminum products, with nearly 50 percent of all cans recycled annually. Thus, all of these benefits of metal containers are driving its demand over other types of packaging. As a result, many companies in the Asia-Pacific region have begun packaging their food & beverages in metal containers. For instance, in February 2021, Responsible Whatr, a brand based in India, launched spring water in aluminum beverage cans made by Ball Corporation, a leading manufacturer of aluminum packaging. The company intends to create a brand that signifies sustainability and become a significant contributor to the circular economy. In July 2020, Showa Aluminum Can Corporation (SAC), metal packaging manufacturer, launched its third aluminum can manufacturing facility in Vietnam with an overall plant capacity of 1.3 billion cans per year in order to meet the growing demand for metal packaging from the food & beverage sectors of the country. Thus, such increasing preference and use of metal containers in the Asia-Pacific region are expected to increase the demand for metal packaging coatings to further enhance the durability of the metal containers, thus, accelerating the growth of the market in the Asia-Pacific region.

Growing Demand from the Pharmaceutical Industry

Metal packaging coatings are primarily used in the pharmaceutical industry in order to provide protection to the metal from atmospheric corrosion and support decoration, labeling, and consumer information. Its range of benefits such as impermeability to light, moisture, gases, and water, durability, light-weight, and ease of printing labels directly onto the metal surface make them ideal for use in the pharmaceutical industry. Thus, an increase in pharmaceutical production in the Asia-Pacific region is expected to drive the market growth during the forecast period. According to Vietnam’s Ministry of Health, the pharmaceuticals industry is expected to grow at the rate of 10% per year from 2017 to 2028, owing to an increase in pharmaceutical production and sales in the country. Also, according to International Trade Administration, the local pharmaceutical production in Japan reached up to US$59,958 in 2017, US$62,570 in 2018, US$87,027 in 2019, and US$84,600 in 2020 respectively. thus, indicating an increase in pharmaceutical production in Japan per year. An increase in pharmaceutical production is expected to drive the demand for metal packaging coatings in the pharmaceutical industry, thus accelerating the growth of the market in the upcoming years.

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Asia-Pacific Metal Packaging Coatings Market Challenges

Volatility of Raw Material Prices

Primary raw materials including resins, solvent, and more used in the production of metal packaging coatings are derived from crude oil. As a result, fluctuations in the prices of crude oil in the Asia-Pacific region may hinder the growth of the market. For instance, India’s Crude Oil Basket (COB) reached US$19.90 per barrel, which was the lowest record since February 2002. During the first 11 months of the year 2020-21, the average annual price of India’s COB was around US$42.72 per barrel, which decreased by 30% than the average COB price in 2019-20. Likewise, as per revised estimates for 2020-21, the COB has increased by around 35% from its initial budget estimate. Since October 2021, Vietnam has also witnessed a spike in demand for crude oil. According to the oil price, the price of light crude oil exceeded US$94.38 per barrel in February 2022, an increase of 3.63% that is equivalent to US$3.3, the highest record since November 2014. Similarly, the price of Brent crude oil also increased and reached up to US$95.39 per barrel, an increase of 1.98% which is equivalent to US$1.85.

Asia-Pacific Metal Packaging Coatings Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Asia-Pacific Metal Packaging Coatings Market. Asia-Pacific metal packaging coatings top 10 players include:

The Sherwin Williams Company

PPG Industries Inc.

AkzoNobel N.V.

Kansai Paint Co., Ltd.

Altana AG (Actega)

Henkel AG & Co. KGaA

Axalta Coating Systems Ltd.

Eason & Co.

Toyochem Co., Ltd.

Kangnam Jevisco Co., Ltd. and Others.

Recent Developments

In June 2021, AkzoNobel has invested in research and development activities associated with packaging coatings. The research is primarily focused on development of a new, and recyclable coating through use of bio-derived polyelectrolytes. These polyelectrolytes are 100% natural and are extracted from shrimp shells or waste from the wood processing industry. The versatility of natural polyelectrolytes will allow the company to become less dependent on synthesized polymers for packaging coatings.

In May 2021, ALTANA completed its acquisition of the closure materials business of Henkel group, a chemical and consumer goods manufacturing company with a strong regional presence in the Asia-Pacific region. Within the ALTANA Group, the business will be integrated into the ACTEGA division and globally assigned to the metal packaging solutions business line including the Asia-Pacific region. The main objective of this acquisition is to strengthen the company’s focus on innovative specialty chemicals.

In March 2021, Toyochem launched a new line of Bisphenol A non-intent (BPA-NI) internal coatings for metal beverage bottles and cans. These coatings are based on acrylic emulsion and polyester resins. The new BPA-NI internal sprays and coil coatings for stay-on tab (SOT) ends are specially formulated to achieve the required performance results, while addressing BPA-related health and food safety concerns from regulators and consumers in the Asia-Pacific region and worldwide.

[seppasolution11]

Why Choose the Seppa Solutions Rinser Filler Capper Machine for Your Business?

We at Seppa Solutions recognize how vital efficiency and dependability are to the day-to-day operations of your company. With its unparalleled speed and accuracy in packaging solutions, our Rinser Filler Capper (RFC) Machine is destined to transform your production line. Our RFC Machine redefines automation and quality control for food, beverage, pharmaceutical, and cosmetics businesses.

Unparalleled Technology and Innovation

Advanced Rinser Technology

Modern rinser machine, included in the Seppa Solutions RFC Machine, guarantees that containers are thoroughly cleaned before filling. With configurable settings for various bottle kinds and sizes, our equipment ensures hygienic compliance while reducing maintenance downtime.

Precision Filling Capabilities

Our RFC Machine, equipped with precision fillers, provides precise measurements with each cycle. This accuracy is essential for preserving product quality and cutting waste, which will maximize your manufacturing expenses. Our equipment meets the highest industry standards by ensuring exact filling amounts, whether you're bottling pharmaceutical liquids, juices, sauces, or water.

Reliable Capping Mechanism

The capping process in our RFC Machine is designed to be reliable and efficient. Our adaptable capping system suits several closure types, from screw caps to press-on caps, without sacrificing seal integrity. This function is crucial for maintaining consumer happiness, adhering to regulations, prolonging the shelf life of products, and preventing leakage.

Key Features of Seppa Solutions RFC Machine

Modular Design for Scalability

Our RFC Machine is developed in a modular manner, allowing for seamless integration into existing manufacturing lines. You can modify our machine to match your unique throughput needs without compromising the effectiveness of your workflow, regardless of your size as a startup or established company.

User-Friendly Interface

Our user interface makes it easy to navigate complicated machinery. Operators may track production metrics, monitor and modify machine settings, and quickly detect problems. The design that prioritizes the needs of the user minimizes training time and increases operational productivity.

Robust Construction for Durability

The Seppa Solutions rinser filler capper machine is constructed with tough materials and precision engineering to sustain prolonged operation in harsh settings. Its longevity maximizes your return on investment over the machine's lifecycle by reducing maintenance expenses and downtime.

Industry Applications and Benefits

Beverage Industry

Speed to market and product quality are critical in the highly competitive beverage sector. You can confidently satisfy customer demand with our RFC Machine, which speeds up production cycles while maintaining consistency in taste and appearance.

Food Industry

From sauces to dressings, our rinser filler capper machine keeps products fresh and improves shelf life by securely capping and filling them precisely. This capacity is critical for maintaining flavor characteristics and adhering to severe food safety rules.

Pharmaceutical and Cosmetics

Accurate dosage and strict adherence to cleanliness regulations are requirements in the pharmaceutical and cosmetics manufacturing industries. The cGMP-compliant Seppa Solutions RFC Machine provides accurate filling and sterile rinsing to protect product integrity and regulatory compliance.

At Seppa Solutions, we're dedicated to using our cutting-edge Rinser Filler Capper Machine to improve your business's operational effectiveness and product quality. Whether you value speed, precision, or dependability, our RFC Machine outperforms expectations in a wide range of industries, setting a new standard for automated packaging solutions.

[packaginginsight]

PET Packaging Market Growth 2024 Growth, Trends, Analysis and Forecast by 2031

PET Packaging Market Growth Scope & Overview

A comprehensive research analysis of the PET Packaging Market Growth, which has been included in the research report, provides data on the industry's market size and growth patterns for the forecast year. Major market aspects such as the demand landscape, driving drivers, and industry competitors' growth strategies are all evaluated in this report. The study's purpose is to forecast market sizes for the next eight years by estimating market sizes for major sectors and areas in prior years. In each of the study's regions and countries, the report is organized to incorporate both qualitative and quantitative characteristics of the industry.

The research also contains in-depth information on crucial areas such as driving forces and roadblocks that will impact the future growth of the PET Packaging industry. The study will also cover accessible opportunities for stakeholders to invest in micro markets, as well as a thorough evaluation of the competitive environment and key rivals' product offerings.

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Market Key Players:

CCL Industries Inc, ProAmpac LLC, Novolex Holdings LLC, Sealed Air Corporation, Berry Global Group, Mondi Group, Gerresheimer AG, Clondalkin Group, Huhtamaki Oyj, Constantia Flexiles Group GmbH, and other players.

Market Segmentation

The research contains a comprehensive and in-depth analysis of the industry, with an emphasis on global market trends. The purpose of the study is to provide readers with a high-level overview of the industry as well as detailed market segmentation by type, end use, and geography. The research includes critical market information, significant industry trends, and opportunities, as well as statistics on the market position of the PET Packaging market players. The report uses both qualitative and quantitative data to provide a complete overview of the sector. It provides a high-level overview of the global market as well as forecasts for key segments.

By Packaging Type

Rigid

Flexible

By Product Type

Cans & Container

Bottle & Jars

Bags & Pouches

Caps & Closures

Trays, Films & Wraps

Others

By End users

Agriculture

Automotives

Pharmaceuticals

Food & Beverages

Others

Regional Analysis

The study's purpose is to forecast future market sizes for specific categories and geographies based on recent market numbers. In each of the study's locations and nations, the PET Packaging market research is constructed to cover both qualitative and quantitative information of the sector. Furthermore, the study provides in-depth analysis of crucial areas such as driving forces and roadblocks that will define the market's future development. The study will also provide accessible micro market investment prospects for stakeholders, as well as a comprehensive examination of the competitive landscape and major rivals' product offerings.

Competitive Outlook

The research also includes company profiles, SWOT analyses, and market strategies to assist businesses in gaining a foothold in the PET Packaging market. The study also contains data on major industry players, such as business profiles, components and services offered, financial statistics, and noteworthy developments. Market participants can use these crucial insights to rethink their current strategy and develop new ones.

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[jayplastics]

Innovating Solutions: Plastic Cans Manufacturers in Mumbai

Plastic Cans Manufacturers in Mumbai are companies that specialize in the production of plastic containers or cans for various purposes. These plastic cans are commonly used for storing and transporting liquids, powders, chemicals, and other materials in industries such as food and beverage, pharmaceuticals, chemicals, cosmetics, and more.

Plastic cans manufacturers utilize various processes and technologies to create plastic cans that meet the specific requirements and standards of their customers. These processes may include injection molding, blow molding, or extrusion, depending on the type and size of the plastic cans being produced.

The plastic cans manufactured by these companies come in a wide range of sizes, shapes, and designs to accommodate different applications. They may feature various closures such as screw caps, snap-on lids, or tamper-evident seals to ensure secure containment of the contents.

Plastic cans offer several advantages over other types of containers, including:

Durability: Plastic cans are lightweight yet durable, making them suitable for both indoor and outdoor use. They are resistant to corrosion, rust, and degradation from exposure to sunlight or harsh environmental conditions.

Versatility: Plastic cans can be designed to accommodate a wide range of products, including liquids, powders, granules, and solids. They are available in various shapes and sizes to suit different packaging needs.

Cost-effectiveness: Plastic cans are often more affordable than other packaging materials such as glass or metal. They are also lightweight, which helps reduce shipping costs and environmental impact.

Customization: Plastic cans manufacturers can customize the design, color, and labeling of plastic cans to meet the branding and marketing requirements of their customers. This allows businesses to create unique packaging solutions that stand out on store shelves.

Plastic cans manufacturers in Mumbai play a vital role in providing cost-effective, durable, and versatile packaging solutions for businesses across various industries. Whether for storing food products, chemicals, pharmaceuticals, or other materials, plastic cans offer a reliable and efficient packaging option that meets the diverse needs of modern businesses.

Welcome to our premier plastic cans manufacturing facility in Mumbai, where innovation meets reliability. As one of the leading plastic plugs manufacturers in Mumbai, we take pride in delivering high-quality plastic cans that cater to a diverse range of industries and applications.

At our manufacturing plant, we utilize state-of-the-art technology and cutting-edge processes to produce plastic cans that meet the highest standards of quality, durability, and functionality. From storage and transportation to packaging and distribution, our plastic cans are designed to meet the needs of our customers while adhering to strict quality control measures.

What sets us apart as the best Plastic Plugs Manufacturers in Mumbai is our commitment to innovation and customization. We understand that every industry and application has unique requirements, which is why we offer a wide range of customization options to tailor our plastic cans to your specific needs. Whether you need custom sizes, shapes, colors, or features, our team of experts will work closely with you to develop a solution that meets your exact specifications.

Moreover, we prioritize sustainability and environmental responsibility in our manufacturing processes. Our plastic cans are made from recyclable materials and manufactured using eco-friendly practices, minimizing waste and reducing our carbon footprint. We believe in creating products that not only meet the needs of our customers but also contribute to a healthier and more sustainable planet.

In addition to plastic cans, we also specialize in manufacturing plastic plugs and Plastic Caps Manufacturers in Mumbai. Our plastic plugs and caps are designed to provide secure sealing and protection for a variety of applications, from industrial machinery and equipment to consumer products and packaging.

Whether you're looking for plastic cans, plugs, caps, or other plastic products, you can trust our team of experienced professionals to deliver reliable solutions that meet your needs and exceed your expectations. With our commitment to quality, innovation, and sustainability, we're proud to be your trusted partner for all your plastic manufacturing needs in Mumbai.

Contact us today to learn more about our plastic cans, plugs, caps, and other products, and discover how we can help you achieve your goals. Together, let's innovate, customize, and create solutions that drive success for your business.

[healthcarenbz]

Top Trends in Effervescent Tube Manufacturing: Innovations Shaping the Future

Effervescent tablets have gained immense popularity in the pharmaceutical and nutraceutical industries, thanks to their ease of use and fast-acting nature. These tablets, however, require specialised packaging to maintain their integrity and efficacy. Effervescent tubes, designed to protect these moisture-sensitive products, are at the forefront of this packaging revolution.

Effervescent tube manufacturing is evolving rapidly, driven by advancements in technology, materials, and sustainability practices. This article delves into the top trends shaping the future of effervescent tube manufacturing, highlighting the innovations that are revolutionising the industry.

1. Advanced Materials for Enhanced Protection

Effervescent tubes are crafted from materials that ensure superior protection against moisture, light, and environmental contaminants. Recent innovations in material science have brought about significant changes:

Biodegradable Plastics: With an increasing emphasis on sustainability, manufacturers are adopting biodegradable and recyclable materials. These eco-friendly options reduce environmental impact without compromising product quality.

High-Barrier Polymers: Advanced polymers with enhanced barrier properties offer superior resistance to moisture and oxygen, ensuring the long shelf life of effervescent tablets.

Hybrid Materials: Combining plastic with aluminium or other materials for added strength and moisture resistance is becoming a popular choice for premium packaging.

2. Precision Engineering in Tube Design

Effervescent tubes must meet stringent standards to ensure a perfect fit and airtight seal. Precision engineering has brought remarkable changes in tube design:

Custom Shapes and Sizes: Manufacturers now offer a range of customisation options, catering to the specific requirements of pharmaceutical and nutraceutical brands.

Ergonomic Designs: User-friendly designs with easy-to-open caps improve customer experience while maintaining product safety.

Child-Resistant Closures: Advanced safety mechanisms in caps are being integrated to comply with regulatory standards and ensure product safety in households with children.

3. Smart Packaging Technology

The rise of smart technology has significantly impacted the packaging industry, including effervescent tube manufacturing. Smart packaging solutions offer enhanced functionality and consumer engagement:

QR Codes and NFC Tags: These features enable consumers to access detailed product information, dosage instructions, and authentication details via their smartphones.

Real-Time Monitoring: Sensors embedded in packaging can monitor environmental conditions, alerting users if the product has been exposed to moisture or heat beyond safe limits.

Tamper-Evident Features: Advanced designs now include tamper-evident seals, providing consumers with an added layer of assurance.

4. Automation and Robotics in Manufacturing

Effervescent tube manufacturing has embraced automation and robotics to streamline production processes and improve efficiency:

High-Speed Production Lines: Automated machinery allows for faster production rates, meeting the growing demand for effervescent tablets worldwide.

Precision Robotics: Robots equipped with AI ensure consistency in manufacturing, reducing errors and wastage.

Integrated Quality Control: Automated systems with real-time monitoring detect defects early in the production process, ensuring only top-quality products reach the market.

5. Sustainability in Manufacturing Practices

As environmental concerns rise, sustainability has become a top priority in effervescent tube manufacturing. Companies are implementing green practices across various aspects of production:

Eco-Friendly Materials: Transitioning to biodegradable plastics and recyclable materials to minimise environmental impact.

Energy-Efficient Processes: Using renewable energy sources and energy-efficient machinery to reduce the carbon footprint.

Waste Management: Adopting circular economy practices by recycling production waste and reusing materials where possible.

6. Global Standardisation and Compliance

Effervescent tubes are subject to stringent regulatory requirements to ensure product safety and efficacy. Manufacturers are focusing on meeting global standards:

ISO Certifications: Ensuring compliance with international packaging standards for pharmaceutical products.

Child-Resistant Standards: Adhering to regulations like ASTM and ISO for child-resistant closures.

FDA and EU Compliance: Following guidelines set by regulatory bodies for materials, design, and manufacturing practices.

7. Enhanced Branding Opportunities

Effervescent tube manufacturers are offering brands more opportunities to differentiate themselves through packaging:

Customised Printing: High-quality printing technology enables vibrant designs, logos, and branding messages directly on the tubes.

Innovative Colour Options: Unique colour schemes help brands stand out on the shelves and create a strong visual identity.

Eco-Conscious Branding: Companies can showcase their commitment to sustainability by opting for eco-friendly packaging materials and designs.

8. Focus on Consumer Convenience

Consumer-centric designs are driving innovations in effervescent tube manufacturing:

Easy-Open Caps: Designs that allow effortless opening without compromising the seal’s integrity are in high demand.

Portability: Lightweight and compact tubes cater to the needs of on-the-go consumers.

Multi-Tablet Dispensers: Tubes with built-in dispensers offer convenience while preventing contamination of unused tablets.

9. 3D Printing in Prototyping and Manufacturing

The adoption of 3D printing technology has opened new doors in effervescent tube manufacturing:

Rapid Prototyping: Manufacturers can create prototypes quickly, allowing for faster product development cycles.

Custom Designs: Complex and intricate tube designs can be achieved with greater ease.

Cost Efficiency: Reducing the need for expensive moulds and setups in the early stages of production.

10. Growth of Personalised Packaging

Personalisation is a growing trend in the packaging industry, and effervescent tubes are no exception:

Individual Branding: Customised tubes with unique designs tailored to specific customer preferences.

Limited Edition Packaging: Special designs for seasonal promotions or new product launches.

Customised Dosage Solutions: Tubes designed to hold specific tablet counts, catering to individual dosage needs.

The Role of NBZ Healthcare in Shaping the Future

Among the leaders in effervescent tube manufacturing, NBZ Healthcare is at the forefront of innovation. Their commitment to quality, sustainability, and cutting-edge technology positions them as a trusted partner for brands worldwide.

NBZ Healthcare excels in:

Customised Solutions: Offering tailored designs to meet diverse client requirements.

Sustainable Practices: Implementing eco-friendly materials and energy-efficient manufacturing.

Advanced Manufacturing Techniques: Leveraging the latest technology for precision and quality assurance.

By embracing these trends, NBZ Healthcare is driving the future of effervescent tube manufacturing, ensuring products are not only protected but also aligned with modern consumer and environmental needs.

Conclusion

The effervescent tube manufacturing industry is undergoing a significant transformation, driven by technological advancements, consumer demands, and sustainability imperatives. From smart packaging solutions to eco-friendly materials, these trends are reshaping the way effervescent tablets are packaged and presented to the world.

Companies like NBZ Healthcare are leading this change, ensuring that effervescent tube manufacturing remains innovative, efficient, and aligned with global standards. As the industry continues to evolve, the focus on quality, sustainability, and consumer convenience will undoubtedly drive further advancements, making the future of effervescent tube manufacturing exceptionally promising.

[lalsingh228-blog]

Aluminum Caps and Closures Market May Set New Growth Story

Advance Market Analytics added research publication document on Worldwide Aluminum Caps and Closures Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Aluminum Caps and Closures market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Crown Holdings, Inc. (United States), Aludium (Netherlands), Silgan Holdings. (United States), Amcor (Australia), Guala Closure (Luxembourg), Alcopack (Germany), Herti JSC (Bulgaria), Torrent Closures (Spain), Federfin Tech S.R.L (Italy), Osias Berk (United States), ITC Packaging (United States), Alameda Packaging (United States), Alutop (India), Helicap Closures (China). Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/116483-global-aluminum-caps-and-closures-market

Aluminum caps are the metal used to cover or seal the top opening of the products which include jars, bottles and containers. Aluminum cap safeguard and preservation of product within the containers and prevent them from leakage and spoilage. Aluminum caps are produced depending upon the application which can differ from sizes and closures type.  The aluminum cap provides the inflexibility and maximum sealing benefits depending upon the usage. It is a vastly preferred alternative that exhibits metal shading finishing in nourishment, as well as refreshment industry. The demand for aluminum caps and closures is higher in simple opening and apportion due to its composed framework that enables products to alter clear and tyke safe bundling.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Aluminum Caps and Closures Market various segments and emerging territory. Influencing Market Trend

Increase in Demand for High-Quality Healthcare Products

Market Drivers

Increasing Demand for Packaged Food to Drive the Market

Shift toward Convenient, Safe, and Sustainable Packaging to Drive The Market

Opportunities:

Growing Demand Due To the Growth of Beverage and Pharmaceutical Sectors

Have Any Questions Regarding Global Aluminum Caps and Closures Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/116483-global-aluminum-caps-and-closures-market Analysis by Type (Roll-On Pilfer-Proof Caps, Easy-Open Can Ends, Spout Closures, Others), Industry Vertical (Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Others), Distribution Channel (Online, Offline), Style (Printed, Plain)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution

• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Crown Holdings, Inc. (United States), Aludium (Netherlands), Silgan Holdings. (United States), Amcor (Australia), Guala Closure (Luxembourg), Alcopack (Germany), Herti JSC (Bulgaria), Torrent Closures (Spain), Federfin Tech S.R.L (Italy), Osias Berk (United States), ITC Packaging (United States), Alameda Packaging (United States), Alutop (India), Helicap Closures (China)]

• Business overview and Product/Service classification

• Product/Service Matrix [Players by Product/Service comparative analysis]

• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)

• Consumption, Capacity & Production by Players The regional analysis of Global Aluminum Caps and Closures Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028. Table of Content Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/116483-global-aluminum-caps-and-closures-market Highlights of the Report • The future prospects of the global Aluminum Caps and Closures market during the forecast period 2023-2028 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Aluminum Caps and Closures market. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

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Asia-Pacific Metal Packaging Coatings Market - Forecast(2024 - 2030)

Asia-Pacific Metal Packaging Coatings Market Overview

Asia-Pacific Metal Packaging Coatings Market size is forecast to reach US$1,990.4 million by 2027, after growing at a CAGR of 7.3% during 2022-2027. The preference for metal food & beverage containers in the Asia-Pacific region has been increasing rapidly, owing to its range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging. The development of new coating technologies which include Bisphenol A non-intent (BPA-NI) coatings are further fueling the growth of the market in the Asia-Pacific region. Moreover, increasing demand for metal packaging coatings from the pharmaceutical industry are further accelerating the growth of the market in the Asia-Pacific region. Also, strict regulations regarding the use of plastics in various countries across the Asia-Pacific region along with increasing product launches and developments associated with metal packaging is expected to increase the demand for metal packaging coatings for use in various end-use industries over the forecast period.

Covid-19 Impact

The COVID-19 outbreak led to major economic problems and challenges for the food & beverage, pharmaceutical, cosmetic, and other industries in the Asia-Pacific region. According to the International Monetary Fund (IMF), the GDP growth of the Asia declined by 1.3% and Australia by 2.4% as indicated in the graphs, owing to the economic impact of COVID-19. The governments all across the Asia-Pacific region announced strict measures to slow the spread of the coronavirus and only the production of essential commodities were allowed, which impacted the non-essential commodity industries, thereby impacting the production of metal packaging coatings as well. However, economic stimulus packages allotted for multiple sectors in the Asia-Pacific region and the start of industrial production activities since 2021 is improving the metal packaging coatings market growth in the Asia-Pacific region by its increasing utilization in various industries.

Report Coverage

The report: “Asia-Pacific Metal Packaging Coatings Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Asia-Pacific metal packaging coatings industry.

By Packaging Types: Food (2 piece and 3 piece), Caps & Closure (External and Internal), and General Line (External and Internal) By Coating Types: Water based, Solvent based, and Powder based. By Resins Type: Acrylic, Fluoropolymer, Urethanes, Epoxy (BPA and Non-BPA), Amines, and Others. By Application: Food (Sea Food, Meat, Infant Nutrition & Dairy, Vegetables, Catering, Biscuits, Cookies & Confectionary, Fats & Oils, Toppings, and Others), Pharmaceutical, Cosmetics, Personal Care, and Others. By Country: China, Japan, Thailand, Vietnam, India, Indonesia, Malaysia, and Rest of Asia-Pacific.

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Key Takeaways

China dominated the Asia-Pacific Metal Packaging Coatings Market in the year 2021. One of the key drivers driving the market is increasing use of metal packaging in food products such as fruits, vegetables, infant nutrition & dairy, bakery, and other similar products in order enhance the durability of metal packaging.

Increasing product launches for phenolic resins that are primarily used in a wide range of metal packaging coatings employed in food, pharmaceuticals, and other applications which require a smooth, durable, and spotless finish, has driven the market growth. For instance, In June 2020, companies such as Allnex GMBH, which has its presence in the Asia-Pacific region launched its new eco-friendly phenolic resin for use in BPAni application for metal packaging coatings.

Strict environmental regulations are driving metal packaging coating manufacturers in the Asia-Pacific region to adopt environmentally conscious practices, thus, the demand for water-based coatings are increasing significantly in the region.

Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Coating Types

The water based coating segment held the largest share in 2021 and is expected to grow at a CAGR of 8.2% by 2027. Water-based coating is an environmentally friendly surface treatment that disperses the resin used in the coatings using water as a solvent. They have a high degree of flexibility and reduce moisture and solar radiation absorption, thereby, resulting in fewer solvent emissions. The VOC (Volatile Organic Compounds) content in the water-based coating is significantly low, and since there are regulations restricting the high VOC content in Asia-Pacific is resulting in its increasing adoption by metal packaging coating manufacturers based in the region. For instance, in 2021, China launched its 14th Five-Year Plan, the chemical sector refocused its environmental protection goals on low-carbon transformation and comprehensive control of VOC emissions, as well as a considerable emphasis on encouraging low VOC products. Furthermore, as compared to solvent-based coatings, water-based coatings for metal packaging require less coating to cover the same surface area, cost less, and do not require any additives, thinners, or hardeners because they provide higher adherence. Thus, water-based barrier coatings are utilized to protect the metal packaging from external and internal effects by sealing the substrate surface. 

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Asia-Pacific Metal Packaging Coatings Market Segment Analysis - By Application

Food sector held the largest share with 66% in the Asia-Pacific Metal Packaging Coatings Market in 2021 and is anticipated to grow at a CAGR of 7.4% during the forecast period 2022-2027. Metal packaging cans, containers, tins, and more are utilized for the packaging of the food because these types of packaging maintain the food filling's flavors and nutritional content ranging from months to several years. However, the direct contact between the metal packaging and food content filled inside the cans and other types of packaging are not safe. The direct contact between metal and food can degrade the food content, owing to this food-friendly coating are applied to safeguard the packaged food from corroding metal. The shifting the focus of Asia-Pacific packaging manufacturers from plastic to metal is expected to drive up the demand for metal packaging coatings for food cans. This is further projected to expand the market growth in the Asia-Pacific region. According to UACJ Corporation, between 2019 and 2022, global demand for aluminium used in cans will rise 11% to 6.61 million tons per year. Southeast Asian countries are likely to account for half of that demand, according to the report. Thus, rising demand for cans will accelerate the production for aluminium cans, which further benefits the metal packaging coatings demand.

Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Country

China dominated the Asia-Pacific Metal Packaging Coatings Market in terms of revenue with a share of 59% in 2021 and is projected to dominate the market during the forecast period (2022-2026). In China, the metal packaging coatings market is fueled by the growth of the country’s food & beverage sectors. For instance, according to the China Chain Store & Franchise Association, China’s food and beverage sector was valued at around US$ 595 billion in 2019, an increase of 7.8% in comparison to 2018. Metal cans offer a range of benefits such as better food protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. In August 2020, ORG technology, the Chinese manufacturer of food cans, launched its white paper on the strategic development of food cans. The company focused on coated iron metal cans with moisture-proof, environmental protection, safety, corrosion resistance, anti-extrusion, and other characteristics to gain traction in the market. In this way, such increasing food production along with the development of food cans in China, owing to its various benefits as mentioned above, is expected to increase the demand for metal packaging coatings to further enhance the durability of such food cans. This is expected to accelerate the growth of the market in China during the forecast period.

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Asia-Pacific Metal Packaging Coatings Market Driver

Increasing Preference for Metal Containers in Food & Beverage Sector

Metal packaging coatings are primarily used to coat different metals such as steel, aluminum, tin-plate, and more that are used for food & beverage packaging in order to enhance its ability to resist corrosion. Metal containers offer a range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. For instance, vegetables, fruits, pet food, soups, and meats are often packaged in metal cans. Canning foods help prolong their shelf life and can help people afford to make healthy dietary choices. Similarly, soda, beer, and even wine are usually packaged in aluminum cans since aluminum beverage cans are the most recycled category for aluminum products, with nearly 50 percent of all cans recycled annually. Thus, all of these benefits of metal containers are driving its demand over other types of packaging. As a result, many companies in the Asia-Pacific region have begun packaging their food & beverages in metal containers. For instance, in February 2021, Responsible Whatr, a brand based in India, launched spring water in aluminum beverage cans made by Ball Corporation, a leading manufacturer of aluminum packaging. The company intends to create a brand that signifies sustainability and become a significant contributor to the circular economy. In July 2020, Showa Aluminum Can Corporation (SAC), metal packaging manufacturer, launched its third aluminum can manufacturing facility in Vietnam with an overall plant capacity of 1.3 billion cans per year in order to meet the growing demand for metal packaging from the food & beverage sectors of the country. Thus, such increasing preference and use of metal containers in the Asia-Pacific region are expected to increase the demand for metal packaging coatings to further enhance the durability of the metal containers, thus, accelerating the growth of the market in the Asia-Pacific region.

Growing Demand from the Pharmaceutical Industry

Metal packaging coatings are primarily used in the pharmaceutical industry in order to provide protection to the metal from atmospheric corrosion and support decoration, labeling, and consumer information. Its range of benefits such as impermeability to light, moisture, gases, and water, durability, light-weight, and ease of printing labels directly onto the metal surface make them ideal for use in the pharmaceutical industry. Thus, an increase in pharmaceutical production in the Asia-Pacific region is expected to drive the market growth during the forecast period. According to Vietnam’s Ministry of Health, the pharmaceuticals industry is expected to grow at the rate of 10% per year from 2017 to 2028, owing to an increase in pharmaceutical production and sales in the country. Also, according to International Trade Administration, the local pharmaceutical production in Japan reached up to US$59,958 in 2017, US$62,570 in 2018, US$87,027 in 2019, and US$84,600 in 2020 respectively. thus, indicating an increase in pharmaceutical production in Japan per year. An increase in pharmaceutical production is expected to drive the demand for metal packaging coatings in the pharmaceutical industry, thus accelerating the growth of the market in the upcoming years.

Asia-Pacific Metal Packaging Coatings Market Challenges

Volatility of Raw Material Prices

Primary raw materials including resins, solvent, and more used in the production of metal packaging coatings are derived from crude oil. As a result, fluctuations in the prices of crude oil in the Asia-Pacific region may hinder the growth of the market. For instance, India’s Crude Oil Basket (COB) reached US$19.90 per barrel, which was the lowest record since February 2002. During the first 11 months of the year 2020-21, the average annual price of India’s COB was around US$42.72 per barrel, which decreased by 30% than the average COB price in 2019-20. Likewise, as per revised estimates for 2020-21, the COB has increased by around 35% from its initial budget estimate. Since October 2021, Vietnam has also witnessed a spike in demand for crude oil. According to the oil price, the price of light crude oil exceeded US$94.38 per barrel in February 2022, an increase of 3.63% that is equivalent to US$3.3, the highest record since November 2014. Similarly, the price of Brent crude oil also increased and reached up to US$95.39 per barrel, an increase of 1.98% which is equivalent to US$1.85.

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Asia-Pacific Metal Packaging Coatings Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Asia-Pacific Metal Packaging Coatings Market. Asia-Pacific metal packaging coatings top 10 players include:

The Sherwin Williams Company

PPG Industries Inc.

AkzoNobel N.V.

Kansai Paint Co., Ltd.

Altana AG (Actega)

Henkel AG & Co. KGaA

Axalta Coating Systems Ltd.

Eason & Co.

Toyochem Co., Ltd.

Kangnam Jevisco Co., Ltd. and Others.

Recent Developments

In June 2021, AkzoNobel has invested in research and development activities associated with packaging coatings. The research is primarily focused on development of a new, and recyclable coating through use of bio-derived polyelectrolytes. These polyelectrolytes are 100% natural and are extracted from shrimp shells or waste from the wood processing industry. The versatility of natural polyelectrolytes will allow the company to become less dependent on synthesized polymers for packaging coatings.

In May 2021, ALTANA completed its acquisition of the closure materials business of Henkel group, a chemical and consumer goods manufacturing company with a strong regional presence in the Asia-Pacific region. Within the ALTANA Group, the business will be integrated into the ACTEGA division and globally assigned to the metal packaging solutions business line including the Asia-Pacific region. The main objective of this acquisition is to strengthen the company’s focus on innovative specialty chemicals.

In March 2021, Toyochem launched a new line of Bisphenol A non-intent (BPA-NI) internal coatings for metal beverage bottles and cans. These coatings are based on acrylic emulsion and polyester resins. The new BPA-NI internal sprays and coil coatings for stay-on tab (SOT) ends are specially formulated to achieve the required performance results, while addressing BPA-related health and food safety concerns from regulators and consumers in the Asia-Pacific region and worldwide.

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Market Overview: Understanding the Global Spout Pouch Market

A comprehensive analysis of the Global Spout Pouch Market for the projected period from 2022 to 2030 is presented in Astute Analytica's latest research report.

The global spout pouch market was estimated at US$ 21,784.2 Mn in 2021 and is expected to arrive at US$ 40,266.7 Mn by 2030. The market is estimated to register a CAGR of 7.3% during the forecast period 2022-2030.

Access the Comprehensive PDF Market Research Analysis Report Here:​​​​​​​ https://www.astuteanalytica.com/request-sample/spout-pouch-market 

The market research provides statistics and information on investment structure development, technological advancements, market trends and developments, capabilities, and in-depth details on the major market participants.

The study report provides an overview of the Global Spout Pouch Market. This section offers the perspectives of important participants, a review of the sector, an outlook across important regions, financial services, and a variety of market concerns. This section is dependent on the study's scope and report guidelines. The key market players are described in detail in the research based on their market share, markets served, products, applications, geographical growth, and other characteristics.

Leading Key Players

The key players are Amcor Ltd., Sonoco Products Company, Mondi Group, ProAmpac, Smurfit Kappa Group, Bischof & Klein GmbH & Co. KG, Bemis Company, Glenroy Inc., Printpack Inc., Coating Excellence International, Color Flex, Winpak Ltd. and Logos Pack and Sealed Air Corp. ​among others. 

Explore the Complete Comprehensive Report Here: https://www.astuteanalytica.com/industry-report/spout-pouch-market 

Segmentation Overview

Global Spout Pouch market is segmented based on product, component, pouch size, material, closure type, end user and region. The global spout pouch market is sub-divide into various categories, such as- 

By Product:

Beverages 

Syrups

Energy Drinks

Cleaning Solutions

Oils

Liquid soaps

Baby food

Others

By Component:

Cap

Straw

Film

Others

By Pouch Size

Less Than 200 ML

200 To 500 ML

500 To 1000 ML

More Than 1000 ML 

By Material:

Plastic

Aluminium

Paper

Others

By Closure Type:

Screw

Flip Top

Corner-mounted spouts

Top-mounted spouts

Push-up drink caps

By End user:

Food and beverages

Cosmetics and personal Care

Automotive 

Pharmaceutical

Paints

Soaps and detergents

Others

By Region:

North America

The U.S.

Canada

Mexico

Europe

Western Europe

The UK

Germany

France

Italy

Spain

Rest of Western Europe

Eastern Europe

Poland

Russia

Rest of Eastern Europe

Asia Pacific

China

India

Japan

South Korea

Australia & New Zealand

ASEAN

Rest of APAC

Middle East & Africa (MEA)

UAE

Saudi Arabia

South Africa

Rest of MEA

South America

Argentina

Brazil

Rest of South America

With the product pricing, demand, gross margin, and supply of the Global Spout Pouch Market, this study offers a thorough grasp of market value. The report's section on the competition landscape gives readers a thorough understanding of the market share analysis of the top competitors in the sector. Every regional market is carefully examined to determine its potential growth, development, and demand over the coming years.

Get Your Sample PDF Report Now: https://www.astuteanalytica.com/request-sample/spout-pouch-market 

About Astute Analytica:Astute Analytica is a global analytics and advisory company that has built a solid reputation quickly, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

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PET Packaging Market Size, Drivers, Trends, Restraints, Opportunities And Strategies

The Business Research Company’s PET Packaging Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The PET Packaging Global Market Report 2023 evaluates pet packaging market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global PET packaging market size is expected to grow from $70.90 billion in 2022 to $74.70 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global PET packaging is expected to grow to $92.32 billion in 2027 at a CAGR of 5.4%. The emerging e-commerce industry across the globe is expected to propel the growth of the PET packaging market going forward. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. PET packaging helps the e-commerce industry with the packing of food and beverage products. For instance, according to the US Department of Commerce, the executive department of the U.S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the emerging e-commerce industry across the globe is driving the growth of the PET packaging market.

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The pet packaging market segments in the report are:

1) By Packaging Type: Rigid packaging, Flexible packaging

2) By Pack Type: Bottles and jars, Bags and Pouches, Trays, Lids or Caps and Closures, Other Packs (cups and clamshells)

3) By Filling Technology: Hot fill, Cold fill, Aseptic fill, Other Technologies (counter-pressure, low vacuum gravity, high vacuum gravity, and positive pressure)

4) By End-Use Industry: Food, Beverages, Personal Care and Cosmetics, Household Products, Pharmaceuticals, Other End-Use Industries (industrial goods and consumer durables)

The table of contents in TBRC’s pet packaging market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

.

.

.

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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