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Cross Laminated Timber Market Competitor Landscape & Forecast To 2027

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Forklift Trucks Market Segment & Key Trends To 2027

Market Analysis

The forklift trucks market will touch USD 41.73 billion at a 5.9% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Forklift trucks are heavy-duty, powerful electric lift trucks that are widely used for lifting and transferring heavy materials like crates, container goods, and other components over a short distance. Such trucks have wide applications in recycling operations, warehousing operations, dockyards, to perform functions like unloading and loading goods from cars and moving packaged goods around the storage area. It works on technologies such as internal combustion engine powered and electric powered. By captivity, it is available in above 5 tons and below 5 tons.

Various factors are propelling the global forklift trucks market share. According to the recent MRFR report, such factors include the growing trend in the warehouse and e-commerce segment, technological advances, increasing investments in the infrastructure industry, development of autonomous forklift trucks, and production of hydrogen fuel cell forklifts.

On the contrary, safety issues associated with forklift trucks and the impact of the on-going COVID-19 pandemic may deter the global forklift trucks market growth over the forecast period.

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global forklift trucks market based on application, captivity, and technology.

By technology, the global forklift trucks market is segmented into internal combustion engine powered and electric powered. Of these, the internal combustion engine powered segment will lead the market over the forecast period.

By captivity, the global forklift trucks market is segmented into above 5 tons and below 5 tons. Of these, the below 5 tons segment will dominate the market over the forecast period.

By application, the global forklift trucks market is segmented into retail and wholesale, logistic, manufacturing, and others. Of these, the manufacturing segment will command the largest share in the market over the forecast period.

Regional Analysis

By region, the global forklift trucks market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW). Of these, the APAC region will dominate the market over the forecast period. Growth in industrialization, burgeoning demand for such trucks in India, Japan, and China, and increasing use in construction sites owing to the growing construction of commercial buildings and shelter are adding to the forklift trucks market growth in the region. China holds the utmost share in the market.

In North America, the global forklift trucks market is predicted to have healthy growth over the forecast period. Growing online retailing coupled with wide usage in warehouse activities is adding to the global forklift trucks market growth in the region. The United States holds the utmost share in the market.

In Europe, the global forklift trucks market is predicted to have sound growth over the forecast period. Concerns for sustainability, stringent norms for emissions, and booming e-commerce industry are adding to the global forklift trucks market growth in the region. Germany holds the utmost share in the market for the wide production of forklift and technological advancements.

Key Players

Key contenders profiled in the global forklift trucks market report include Kalmar Global (Finland), Anhui HELI Co., Ltd (China), The Raymond Corporation (U.S.), Crown Equipment Corporation (U.K), Mitsubishi Nichiyu Forklift Corporation (Japan), Jungheinrich Group (Germany), Hyster-Yale Material handling Inc. (U.S.), KION Group AG (Germany), and Komastu Ltd. (Japan).

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Automotive Fuel Injection Market- Rapid Growth & Dynamic Forecast To 2027

Market Overview

Market Research Future (MRFR), in its latest report on the Global Automotive Fuel Injection Market 2020, states that the market is expected to grow at a considerable CAGR across the review period. A detailed analysis on the COVID 19 impact on the automotive fuel injection market is explained in the report. The available automotive Fuel Injection market can rise exponentially in the assessment period due to increase in luxurious vehicle through the review period. The increase in fuel introduction technique by internal combustion engine can boost the expansion of the automotive fuel injection market can boost the expansion of the automotive fuel injection market in the years to come.  The rise in the need for consistent and smoother throttle response to get better fuel efficiency can spur the expansion of the automotive fuel injection market across the review. The rapid replacement of mechanical choke with automotive fuel injection solutions can impel the expansion of the automotive fuel injection market across the assessment period.

The expansion of the Automotive Fuel Injection market due to increase in the automotive production capacity can impel the expansion of the market in the years to come. In addition, stringent environmental laws concerning automobile emissions and high demand for fuel efficiency are other factors that can prompt the expansion of the automobile fuel injection market through the review period. Top-notch global automotive manufacturers are contributing to the growth of the worldwide automotive fuel injection market. Automakers are making efforts to meet emission standards and are high deploying fuel injection systems and replacing traditional automotive carburettor engines. This can prompt the expansion of the automobile fuel injection market through the review period. The presence of a higher number of OEM and increase in aftersales demand of fuel injection systems can also boost the expansion of the automobile fuel injection market across the assessment period. The increase in the demand for electric vehicles can fuel the expansion of the Automotive Fuel Injection market through the review period.

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Market Segmentation

The segment study of the Global Automotive Fuel Injection Market is based on components, type, vehicle, and technology type.

The Components based segment of the automobile fuel injection market are Fuel Injectors, ECU, Fuel Pumps, Pressure regulators, and Sensors. The Vehicle Type based segments of the global automotive fuel injection market are passenger vehicle and commercial vehicle. The Fuel Type based segments of the automobile fuel injection market are Gasoline, Diesel, and Alternative fuel. The Technology Type based segments of the automobile fuel injection market are Gasoline direct injection, Gasoline port injection, and Diesel direct injection.

Regional Analysis

Asia Pacific automobile fuel injection market can rise at a high CAGR through the review period in the years ahead. The booming automobile market across the assessment period can prompt the expansion of the regional market in the near future. The rise in buying power of people in India can boost the expansion of the fuel injection market across the analysis period. The increase in the utility of two wheeler can promote the expansion of the fuel injection market in the years to come. The increase in the application of fuel injection technology can boost the expansion of the market due to high focus on vehicle emission in Europe.

Key Players

Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), Edelbrock, LLC (U.S), Delphi Automotive PLC (U.K), Denso Corporation (Japan), NGK Spark Plug Co., Ltd. (Japan), Carter Fuel System (U.S.),  and Keihin Corporation (Japan) are some notable automobile fuel injection marketers.

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Gasoline Direct Injection Market - Industry Revenue & Forecast to 20h Rate, Forecast To 2027

Overview:

The global gasoline direct injection market is largely benefiting from the technological advancements and government regulations. Governments are increasingly becoming stringent about the environmental impact cars are having for their carbon emission. That is why regulations are getting imposed to inspire better comfort and lifestyle. These changes are expected to bolster the global gasoline direct injection market growth during the forecast period of 2018 to 2023. Market Research Future (MRFR) marks the demand for better fuel efficiency and the trend of engine downsizing as major factors that could provide tailwinds.

Segmentation:

MRFR analysts have analyzed the global gasoline direct injection market on the basis of support technology, component, and vehicle type. This segmentation is slated to provide details about the market that can then be used for a better understanding of prospects and strategic planning for the future.

By support technology, the global market report on the gasoline direct injection market includes gasoline turbocharger and GPF.

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By component, the review on the global gasoline direct injection market includes electronic control units, fuel injectors, fuel pumps, and sensors.

By vehicle type, the study on the global gasoline direct injection market comprises details of passenger vehicle and commercial vehicle. The rise in disposable income could boost the passenger vehicle segment.

Regional Analysis:

In North America and Europe, governments are strict about the environmental aspect, which would drive the regional markets ahead. The burgeoning automotive sector in Asia Pacific would boost the gasoline direct injection market growth.

Competitive Landscape:

The global gasoline direct injection market has a chance of benefiting from the strategic decisions of various companies like Continental (Germany), Delphi(U.K.), Bosch (Germany), Mitsubishi Electric Corp.(Japan), Stanadyne(U.S.), MSR-Jebsen Technologies(China), Eaton Corporation(IRELAND), Magneti Marelli(Italy), Hitachi(Japan), Denso(Japan), and Bajaj Auto (India).

Industry News:

In September 2020, Bosch has realized the importance of modern turbocharged gasoline direct-injection engines and its connection with spark plugs’ resilience and reliability. The demand for the latter is picking up pace at a remarkable rate. That is why the company has launched the Bosch EVO spark plug. This robust spark plug is engineered to ensure a stable ignition during its long service life – even if it is exposed to extreme conditions that modern engines often face. With its improved isolator design and its high dielectric strength that has been increased to 45 kV, this new spark plug can withstand events of irregular combustion – commonly known as mega knocking – which is common in modern highly developed engines.

In September 2020, Kia Motors announced that it had launched its subcompact SUV- Kia Sonet in its Indian market. The car is expected to compete with other companies in the MUV segment. Its features are quite unique in several ways, which may give it some leverage. The car has a choice of two gasoline engines – 1.0 T-GDi (turbocharged gasoline direct injection) and Smartstream 1.2-litre four-cylinder – and 1.5-litre CRDi diesel engines. It is expected to boost the performance of the car and it is designed for a comfortable drive on Indian roads.

The COVID-19 pandemic impacted the automotive sector by disrupting the production line and supply chain, and governments had to take strict measures to counter the crisis. This halted the production for some time, which may adversely influence the intake of the gasoline direct injection. Also, the financial crunch experienced by the population in several countries can reduce the demand for cars and, subsequently, the demand for such tools.

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Retort Packaging Market Research Methodology, Structure, Forecast to 2027

Market Analysis

The retort packaging market is predicted to touch USD 49.9 billion at a 6.49% CAGR by 2025, as per the MRFR analysis. Retort packaging is a type of food packaging that is manufactured with plastic pouches or flexible retort pouches. Such pouches and cans are used for packing ready meals and other forms of perishable foods which are subject to heat, hence rendering it commercially sterile. Trays, cartons, pouches, & others are the different types of packaging, which is made of different materials such as polyester, polypropylene, aluminium foil, paper and paperboard, and others. It has wide applications in food & beverages as well as others.

An array of factors is fuelling the market share. As per the latest MRFR analysis, these factors comprise of the growing demand for ready-to-eat or ready meals, hectic lifestyle, growing single households, increasing spending power, growing middle class, changing consumer lifestyle and preference, the constant need for pouches as they are portable, lightweight, and convenient in comparison to rigid packaging products, ease of packaging technology and adaptability, growing urbanization, increasing disposable income, and emerging economies.

On the flip side, the impact of the on-going COVID-19 outbreak, supply chain disruptions, and fluctuations in raw material prices are factors that may deter the global retort packaging market growth over the forecast period.

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Market Segmentation

The retort packaging market has been bifurcated based on material, application, and packaging.  The market by packaging type has been bifurcated into trays, cartons, pouches, & others. Among these, the pouches packaging type will spearhead the market during the forecast period. It is likely to touch USD 16,873.29 million at a 6.9% CAGR by 2025.

The market by the material has been bifurcated into polyester, polypropylene, aluminium foil, paper and paperboard, and others. Among others, the paper and paperboard segment will spearhead the market over the forecast period. It is likely to touch USD 8,951.21 million at a 5.9% CAGR by 2025.

The market by application has been bifurcated into food & beverages as well as others. Among these, the food and beverages application will stay at the forefront in the market during the forecast period. It is likely to touch USD 19,731.60 million at a 6.7% CAGR by 2025.

Regional Analysis

Geographically, the retort packaging market has been bifurcated into these four regions- Europe, the APAC region, North America, and the MEA. Among these, Europe will command the largest share in the market during the forecast period for the presence of several eminent manufacturers, coupled with the increased investments made by companies in the packaging of pharmaceutical products and food and beverage.

In the Asia Pacific region, the market is predicted to have favorable growth over the forecast period for the increasing demand in packaged food and beverage goods in India and China, rising per capita income, FDI in retail has widened the scope of packaging, and burgeoning demand for fast-moving consumer goods (FMCG).

 In North America, the market is predicted to have admirable growth over the forecast period for the developing retail food industry, burgeoning need for packaged food products, growing investments in healthcare for flexible & retort packaging solutions, the region being a hub to the largest retail store as well as customers that are highly informed.

In the Middle East and Africa, the market will have steady growth during the forecast period.

Competitive Landscape

Prominent contenders in the retort packaging market entail Clondalkin Group (Netherlands), Sonoco Products Company (US), Clifton Packaging Group Limited (UK), PROAMPAC (US), Coveris Group (Austria), Sealed Air Corporation (US), Amcor PLC (Australia), Constantia Flexibles (US), Winpak Ltd (Canada), Mondi (Austria), and others.

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Recyclable Packaging Market Research Methodology, Structure, Forecast to 2027

Overview:

The global study of the recyclable packaging market reveals the possibility of recording 4.1% CAGR during the forecast period of 2019 to 2025. Market Research Future (MRFR) identified factors like the growing demand for eco-friendly measures, consumer awareness regarding the environmental crisis, availability of proper technological support, easy inclusion of advanced technologies, financial backing, the better scope for research and development, and others. The introduction of bioplastics can boost the growth of the market further. However, these packaging modes lack durability, which might hold back the market in the coming years.

Segmentation:

The global recyclable packaging market includes a proper understanding of several segments like packaging type, material type, and end-use industry.

By material type, the global recyclable packaging market includes paper, plastic, glass, wood, biodegradable plastic, aluminum, tinplate, and recycled papers. The plastic segment or the recyclable packaging bags had the largest market share in 2018 and has the chance to register the highest CAGR during the forecast period.

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The report on the global recyclable packaging market by packaging type depends on a study of bubble wrap or recycle bubble wrap, void fill packing, paper & cardboard, and pouches & envelopes. The paper & cardboard segment dominated the global market in 2018 and is deemed to record the highest CAGR over the review period.

By end-use industry, the study of the recyclable packaging market includes the personal care & cosmetics industry, healthcare industry, and food & beverage industry. The food & beverage industry segment had the lead in 2018.

Regional Analysis:

Asia Pacific is expected to continue its market dominance during the forecast period. This region is known for its growing industries and a huge consumer base, which are directly impacting the market. In Europe and North America, stringent regulations will play a favorable role in the recyclable packaging market.

Competitive Landscape:

Ebro Color GmbH (Germany), Graham Packaging Company (US), Salazar Packaging, Inc.(US), Lacerta Group, Inc. (US), APP (Asia Pulp & Paper) (Indonesia), Amcor (Australia), 3M (US), Avery Dennison Corporation (US), American Packaging Corporation (US), BASF SE (Germany), and others impact the recyclable packaging market with their strategic developments.

Industry News:

In August 2020, Sir Kensington’s, a well-known company for being a manufacturer of condiments and dressings, announced that it had set initial impact targets that are focused on responsible packaging, sustainable agriculture, and team impact. The company is planning to achieve 100% recyclable and 100% recycled content in rigid plastics and fiber by 2022. The company is currently using 3.5% post-consumer recycled (PCR) plastic, which can be considered a stepping stone for the market.

In August 2020, DS Smith, a market leader in sustainable packaging, and Aquapak, a company known for its innovative development of biodegradable polymer, announced a teaming up to initiate the development of the next generation of packaging solutions. This collaboration aims to provide sustainable fiber-based packaging solutions with the ability to replace hard-to-recycling packaging, resulting from a combination of materials like cardboard and plastic.

In August 2020, Magnum, Unilever’s ice cream brand, announced the rollout of around 7 million recyclable ice cream tubs. These tubs are made of recycled polypropylene (rPP), which is the result of the company’s endeavors to take an eco-friendly route. The plan saw initial success in Belgium, Spain, and the Netherlands in 2019.

The COVID-19 crisis is expected to make people more eco-friendly as a lot of scientists are of the opinion that this spreading of the coronavirus has a direct connection with global warming. This could bolster the global recyclable packaging market.

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Pressure Sensitive Labels Market Research Methodology, Structure, Forecast to 2027

Market Research Future (MRFR) report on the global pressure sensitive labels market is a precise evaluation that offers a systematic and thorough overview of the market. The study includes the COVID-19 overview of the global pressure sensitive labels market and offers a comprehensive review of market segments, recent developments, growth prospects, and market challenges from 2016 to 2021 (forecast period) to assess market opportunities.

The global market for pressure sensitive labels has experienced considerable progress in recent years due to the growth of the global retail and food and beverage industries, which have become dominant consumers in the market for pressure sensitive labels. Pressure sensitive labels, also known as adhesive-backed labels, are used in a wide range of applications due to their ease of use and the ease with which they incorporate other technologies such as barcodes into their design, making them easy to incorporate into the day-to-day functioning of industries. The ease of incorporating branding material in the design of pressure sensitive labels has also led to their adoption in various sectors and is likely to remain a primary driver for the global market in the coming years.

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Market Dynamics

The increasing transport and logistics industries are primary drivers of the pressure sensitive label market. With the growth of the e-commerce sector, there is an increased need for a warehousing solution. The need for product authentication, tamper evidence, and security features has stimulated the demand for pressure sensitive labels. In addition, the increased application across industries like food & beverages, pharmaceuticals, and automotive has boosted the market for pressure sensitive labels used in packaging.

Development in the food and beverage industry is likely to be crucial to the market for pressure sensitive labels. Increasing use of food packaging technology to promote long-distance shipping has made pressure sensitive labels completely vital for the food and beverage sector, as they include means to integrate product information, regulatory information as well as identification details such as barcodes for packaged food.

Market Segmentation

The global pressure sensitive labels market has been segmented on the basis of compositions, technology, and application.

On the basis of compositions, the global pressure sensitive labels market has been segmented into top coat, face stock, adhesive, and liner.

On the basis of technology, the global pressure sensitive labels market has been segmented into water based, solvent based, hot melt, radiation, and others.

Based on application, the global pressure sensitive labels market has been segmented into food & beverages, pharmaceuticals, automotive, and others.

Regional Analysis

Regionally, the global pressure sensitive labels market has been segmented into North America, Europe, APAC, and the Rest of the World.

APAC dominates the global market for pressure sensitive labels with its fastest-growing market worldwide. The area is expected to show rapid growth in the e-commerce and transport sectors. Growing organized retails have expanded the reach of warehousing solutions that stagger the demand for pressure sensitive labels. North America has a remarkable market share of the pressure sensitive labels market and is projected to rise rapidly, followed by Europe.

Key Players

Notable players in the global pressure sensitive labels market report include- CCL Industries Inc., Constantia Flexibles Group GmbH, Henkel AG & Co. KGaA, Avery Dennison Corporation, Technicote Inc., Lintec Corporation, 3M, UPM Raflatac, Inland Label and Marketing Services LLC, NAStar Inc., NSD International, and Reflex Labels Ltd.

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Plastic Tube Packaging Market Research Methodology, Structure, Forecast to 2027

The slender plastic tube packaging market that fits perfectly in the palm and the ease at which its content is released induce satisfaction in the end-user. And, high customer satisfaction bestow substantial revenue generation for a business. Packaging, since the industrial revolution has emerged as a lucrative line of profession. With rise in urban migration, the pattern of consumption has changed, and variation in packing has surfaced as an excellent method of marketing.

The type, material, and aesthetics of plastic tube packaging and its benefits and wide range of applications establish its market dynamics. Market Research Future (MRFR), a market research firm that conducted an extensive evaluation of the plastic tube packaging global market. As per MRFR study, the plastic tube packaging market is expected to thrive at 6.02% CAGR by 2023.

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Plastic tubes are fabricated form different materials. Substances with certain set of properties that allow plastic tube as a popular method of packaging. HDPE, LLDPE, and LDPE are different grades of polyethylene, in single and/ or multi layers are used to produce plastic tubes packs for a myriad of applications. The high flexibility and soft feel offered dispensed by LDPE (Low Density Polyethylene), along with its light-weight, can be primarily used in the packaging of personal care products.

Its resistance to moisture absorption delineates rise in its utility in cosmetic packing. HDPE (High Density Polyethylene) has better barrier properties and endorse in pharmaceutical products. The high restoration value of HDPE is observed as a competitive advantage. EVOH (Ethyl Vinyl Alcohol Copolymer) is another material that is serves food and pharmaceutical packaging. Laminate is a sheet that comprises disparate layers emblemises the product, thereby drawing attention of customer.

Pharmaceutical, food and beverage, and especially cosmetics are high end-user of plastic packaging. High sales of cosmetics, expansion of patient population base, and introduction of strategic packaging in the F&B sectors illustrate the rise in need for plastic tube packaging. The evolution of packaging technology underpins the high production capacity of enterprises dealing in plastic tube packages. Plastic tubes are affordable method of casing without slashing on quality.

They allow shape and size versatility, thereby provide the advantage of preference to both the developer and customer. These are major determiners of the plastic tube packaging market. Enterprises can introduce eco-friendly packaging, as plastic types used to manufacture tube packaging are biodegradable and recyclable. This can leverage the growth of the plastic tube packaging market.

MRFR studied the regional progress of the plastic tube packaging market. The high demand for flexible packaging can boost the expansion of North America plastic tube packaging market. Increase in utility of plastic tube packaging for food and beverage products can improve the momentum of the regional market. Asia Pacific plastic tube packaging can register a substantial CAGR in the forecast period. Europe, reputed for its sublime cosmetic products can support the expansion of the plastic tube packaging market. The rise in outsourcing of packaging activity can bring in substantial business for the global market.

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Plastic Straps Market - Industry Revenue & Forecast to 20h Rate, Forecast To 2027

Plastic straps are used for binding products or items and made from polypropylene and polyester. They are available in different finishes and styles as per the strength of the container. Elongation of straps, reusable nature, and its application for paper, lumber, and fresh produce are prime uses of plastic straps. The global plastic straps market report by Market Research Future (MRFR) provide a comprehensive picture of the industry and includes drivers, challenges, opportunities, and trends for the period of 2018 to 2023 (forecast period). The sudden outbreak of the COVID-19 virus and its effects on the industry are explored in the report.

Market Scope

The global plastic straps market is eyeing for a doubling of its present valuation set at USD 1280 million (2017) and reach USD 2581.1 million by 2023 with an astounding CAGR of 12.40% during the forecast period (2018-2023), reveals Market Research Future (MRFR) in its latest report.

The market is poised for massive growth owing to the increasing use of plastic straps in steel, paper, and bricks & tiles industries. Its lightweight nature and flexibility in usage can drive the market demand during the forecast period. The reusable and cost-friendly nature of plastic products for wrapping products can bode well for the market. The huge potential in China and India owing to being industrial hubs for all types of goods can induce heavy demand in the market.

But the hazardous nature of plastic straps can impede market growth.

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Segmentation

The global plastic straps market is segmented by type and end-user.

By type, the plastic straps market can be segmented into polyester straps, polypropylene straps, nylon straps, and others. Polyester straps are expected to lead the market owing to being safe and lighter than steel straps. Its flexible nature allows the material to bear the load and absorb impact. On the flip side, the polypropylene straps segment can acquire significant earnings for the global plastic straps market owing to its flexibility, high tensile strength, and ease of handling.

Based on end-user, the plastic straps market can be segmented into steel, cotton, paper, fiber, bricks & tiles, and others. The paper industry can be a huge revenue generator for the market owing to plastic straps being able to handle large loads of paper. Its high break strength and tension retention for keeping paper goods secure and superior shock resistance can drive the segment growth.

Regional Analysis

Region-specific analysis of the global plastic straps market encompasses North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

The APAC region is, at present, dominating the market by a considerable margin. The region has immense potential to retain the position in the coming years and display the fastest CAGR during the forecast period. Emerging nations such as China and India are spurring the demand for plastic straps as growing industries are increasing their demand for the product to cut down the logistics cost and increasing bottom margins. The increasing purchasing power of the middle class can drive the regional demand for plastic straps.

North America possesses the potential for the growth of the global plastic straps market owing to large FMCG and manufacturing companies in the U.S. and Canada. The use of straps for bundling and packaging engineering components, construction materials, and other heavy loads over time can fuel the regional market growth.

Competitive Outlook

Dubose Strapping, Polychem Corporation, Teufelberger, Scientex Berhad, Crown Holdings, FROMM Packaging, PAC Strapping, Polychem Corporation, Messersi Packaging, Auto Strap, and others are key players of the global plastic straps market.

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Plastic Container Market Research Methodology, Structure, Forecast to 2027

Market Analysis

The global plastic container market is predicted to grow at a healthy CAGR between 2016- 2022, reveals the latest Market Research Future (MRFR) report. Plastic containers are a highly preferred and widely used material that can be molded easily into different products that can be used in an array of applications. It comprises numerous products like pouches, bottles and food containers, and others. Usually they are made of plastic resins like HDPE, PP, and PET, among others. Plastic ensures durability along with retention of chemical properties and nutrients of the product.

Several factors are adding to the global plastic container market. Some of these factors as per the MRFR report include the growing demand for lightweight packaging, changing food preferences, changing lifestyle, demand for convenience food, innovative visual appeal of plastic containers for convenience and consumer attraction, increasing use during the COVID-19 outbreak, and increasing use of different innovative technologies like aseptic packaging and biodegradable packaging.

On the flip side, strict environmental regulation for plastic may impede the global plastic container market growth over the forecast period.

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COVID-19 Analysis

Fortunately, the plastic container market has not faced the brunt of the COVID-19 crisis for the suspension of bans on the use of plastic. Besides, various companies and producers that otherwise used other materials showed favoritism towards plastic as it is long-lasting, more affordable, and safer, and also has higher shelf-life. During the lockdown, people needed products that had higher shelf-life, so this, in turn, has increased the demand for plastic containers. Further, these containers are widely being used in the medical sector as well.

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global plastic container market based on application, product, and material.

By material, the global plastic container market is segmented into LDPE, PVC, HDPE, PP, PET, and others. Of these, the PET segment will lead the market over the forecast period.

By product, the global plastic container market is segmented into bags and pouches, cups and bowls, bottles and jars, and others. Of these, bottles and jars will dominate the market over the forecast period.

By application, the global plastic container market is segmented into consumer goods, pharmaceutical, personal care, food and beverages, and others. Of these, food and beverages will spearhead the market over the forecast period.

Regional Analysis

By region, the global plastic container market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America will remain the driving force in the market over the forecast period. Developing food and beverages industry, increasing awareness about health and hygiene, increasing investments on household cleaners, rising demand for convenient food products, and rising consumption of functional beverages are adding to the global plastic container market growth in the region.

In Europe, the global plastic container market is predicted to hold the second-largest share over the forecast period. Increasing focus on plastic recycling, rising consumption of packaged food, changing eating habits and lifestyles, and growing need for nutritious beverages are adding to the global plastic container market growth in the region.

In the APAC region, the global plastic container market is predicted to have notable growth over the forecast period. High disposable income, urbanization, improved lifestyles, need for convenience foods, and demand for hygienic food with durable containers like bags, cans, and pouches are adding to the global plastic container market growth in the region.

Key Players

The prominent players profiled in the plastic container market report include Constar International (U.S.), International Packaging (U.S.), Werke Alwin Lehner GmbH & Company KG (Austria), Alpha Packaging Holdings Incorporated (U.K), Rahway Steel Drum Company (U.S.), Alpack (Ireland), The Plastic Bottles Company (U.K.), Plastipak Packaging (U.S), Anchor Packaging Incorporated (U.S), Graham Packaging (U.S.), and Amcor Limited(Australia).

Industry Updates

February 2021- FSSAI has proposed a proviso for the usage of colored bottles for water packaging.

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Plastic Caps and Closures Market Research Methodology, Structure, Forecast to 2027

Market Analysis

The plastic caps and closures market is projected to touch USD 61.71 billion at a 5.2% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis. Plastic caps and closures are effective sealing devices for containers and bottles.

Various factors are propelling the global plastic caps and closures market share. According to the recent MRFR report, such factors include growing demand for bottled water, concerns regarding product security and safety, need for convenience, decreasing package sizes, use in product differentiation and branding, use in the production of closures for packaging of daily items, medicine packaging, and industrial packaging, highly versatile, durable, flexible, and economical, and growing demand for hand sanitizers and hand wash liquids during the COVID-19 pandemic.

On the contrary, strict policies about the use of plastic materials may limit the global plastic caps and closures market growth during the forecast period.

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global plastic caps and closures market based on type, primary materials, and key end-users.

By type, the plastic caps & closures market has been segmented into closures, dispensing caps, and screw caps. Of these, the screw caps segment will lead the market over the forecast period for its increasing demand in different end use industries.

By primary materials, the global plastic caps and closures market is segmented into polyethylene, polystyrene, and polypropylene. Of these, the polypropylene segment will dominate the market over the forecast period for its ability to withstand high temperatures and high impact resistance.

By key end users, the global plastic caps and closures market is segmented into food and beverages, pharmaceuticals, personal care, and others. Of these, food and beverages will have a major share in the market over the forecast period for increasing consumption of ready-to-eat foods and carbonated beverages.

Regional Analysis

By region, the global plastic caps and closures market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Middle East and Africa (MEA). Of these, the APAC region will stay at the forefront over the forecast period. Increasing industrialization and urbanization, rising population, China being the global manufacturing hub, rising per capita income, growing purchasing power, and developing food and beverage industry are adding to the global plastic caps and closures market growth in the region. China and India have a maximum share in the market.

In Europe, the plastic caps and closures market is predicted to have the second-largest share over the forecast period. Increasing use in product packing to improve the functionality and aesthetics of the product, increasing use in non-alcoholic and alcoholic beverages, and the biggest exporter of food and drinks products are adding to the plastic caps and closures market growth in the region.

The plastic caps and closures market in North America is predicted to have healthy growth over the forecast period. Booming food and beverage industry, hectic lifestyles resulting in the shift from cooking trends to snacking, processed foods and ready to eat foods, and use of various airtight plastic closures to store food in bottles are adding to the global plastic caps and closures market growth in the region.

In the MEA, the global plastic caps and closures market is predicted to have sound growth over the forecast period.

Key Players

Key contenders profiled in the global plastic caps and closures market report include BERICAP GmbH Co. & KG (Germany), Guala Closures Group (Italy), AptarGroup Inc. (U.S.), Silgan Holdings Inc. (U.S.), Berry Plastics Corporation (U.S.), Rexam PLC (UK), Amcor Limited (Australia), Crown Holdings Inc. (U.S.), Reynolds Group Holdings Limited (New Zealand), and RPC Group Plc (UK).

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Plastic Bottle Recycling Market Research Methodology, Structure, Forecast to 2027

Overview:

The global plastic bottle recycling market includes a proper study of various dynamics of the market that can inspire a holistic growth. Among the major factors helping in expanding the market boundaries, growing eco-awareness would play a dominating role. Innovation and rising engagement of companies in building a sustainable future are also going to help the market to form a proper growth trajectory. In addition, government initiatives will play a crucial role in supporting the growth of the market.

Segmentation:

The global plastic bottle recycling market has several segments as per the report published by MRFR. Expert MRFR analysts have identified changes in the market and measured various parameters to reveal segments. Figures fetched from this process would help in forming moves to ensure better growth. These segments are material and application.

By material, the global report containing details of the plastic bottle recycling market includes PET, PP, PVC, HDPE, and others. The plastic packaging segment is using the PET segment in several ways. The PVC segment finds proper application in the construction sector.

By application, the global market study on the plastic bottle recycling market includes segments like food & beverage, personal care, pharmaceuticals, and others.

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Regional Analysis:

North America is taking some effective measures to make sure that the market stays on a proper growth track. The food and beverage industry is going to play a prominent role in ensuring such a move.

Competitive Landscape:

Avangard Innovative, Advanced Environmental Recycling Technologies, Recycle Clear, UltrePET, CarbonLITE, Phoenix Technologies International, National Recycling Technologies, Evergreen Plastics, Complete Recycling, ECO2 Plastics, Worldwide Recycler Services, and others are companies involved in strategic tussles to cement their own market position and inspire changes in the plastic bottle recycling market. MRFR analysts have traced all the recent changes inspired by these companies to get a hold of trends that are impacting the market outcome. Their methods often involve merger, acquisition, innovation, branding, launching, investment in research projects, tie-up, and others.

Industry News:

In August 2020, the American Beverage Association (ABA) declared that it took definitive actions to join the newly formed U.S. Plastics Pact as a Not-for-Profit Founding Activator. The role involves ABA’s participation in the process as a leader in the transition to the circular economy that includes plastics and sharing of its work with pact stakeholders to ensure an acceleration in the promotion. This undertaking is expected to support the beverage industry’s efforts to inspire solutions for a sustainable future that would safeguard the environment by keeping plastic out of it as much as possible.

In August 2020, Caltrans completed their work of repaving a section of Highway 162 in Oroville using recycled asphalt pavement and liquid plastic. These were made with single-use plastic bottles. This is also the first time when the department took such steps to pave a road using 100% recycled materials. The project included three lanes of a 1,000-foot highway segment and this step was to measure the testing of the material for later use throughout the state as a single mile of such a pavement will incorporate recycling of 150,000 plastic bottles. For the company, this step was a process to show their commitment to embracing innovative and cost-effective technologies.

During the COVID-19 crisis, projects got held up in several sectors and the chain of supply got disrupted, which inspired changes in the market. Some associated industries reported a drop in their profit share, which may have an impact on this market.

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Plastic Rigid IBC Market Research Methodology, Structure, Forecast to 2027

Market Highlights

The pressing demand for plastic rigid IBC across expanding economies, such as food & beverage industries as the need for storage and transportation of bulk food products rise can cause the expansion of the world plastic rigid IBC market 2020 across the review period. MRFR studied the impact of COVID-19 pandemic on the world market of plastic rigid IBC. A detailed analysis of COVID-19 pandemic on the world market of plastic rigid IBC is provided with the report detailing the long-term and short-term impact on the market. The increase in utility of plastic rigid IBC in beverages and manufacturing units can create numerous growth opportunities on the market, thus can support the expansion of the market in the years to come. The utility of Plastic rigid IBC in store and transportation of lubricants, chemicals, and oils can support the expansion of the market. The need for cost effective and flexible, bulk packaging solutions can generate high annual turnover for the plastic rigid IBC market. On the other side, strict regulations and standards regarding packaging can hinder the rise of the Plastic rigid IBC market in the years to come.

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Segment Study

The global plastic rigid IBC market segment study is based on end use, material, and capacity. The material based segments of the plastic rigid IBC market are LLDPE, HDPE, LDPE, and PVC among others. The HDPE material segment can wind in high revenue in the years to come. The growing utility of HDPE IBC containers due to high flexibility and affordability can promote the expansion of the market.

The capacity based segments of the plastic rigid IBC market are 500 to 1000 liters, up to 500 liters, 1500 to 2000 liters, 1000 to 1500 liters, and above 2000 liters. The 500 to 1000 liters Plastic rigid IBC containers are widely used. Hence, the 500 to 1000 liters plastic rigid IBC market segment can rise at a high pace across the review period.

The end-use based segments of the plastic rigid IBC market are pharmaceuticals, food & beverages, industrial chemicals, paints inks dyes, petroleum & lubricants, and others. The Food & beverages segment can gain high traction across the review period.

Regional Study

North America, Asia-Pacific, Europe, and the rest of the world are major plastic rigid IBC market regional segment. The growing utility of plastic rigid IBC in the Asia Pacific region can promote the plastic rigid IBC market can rise in the near future. In Middle East & Africa, followed by North America, the plastic rigid IBC market is expected to gain high revenue through the review period. Other important factors that can promote the expansion of the regional market are technological developments and quick industrialization developments. In regions, such as China and India the expansion of the plastic rigid IBC market can be due to the presence of major contributors in the region as the GDP growth in these powerful economies surge. The rapidly rise in manufacturing activities and high paced expansion of the industrial sector can drive the expansion of APAC plastic rigid IBC market.

Key Players

MRFR registered some notable players in the world plastic rigid IBC market. They are include ZIBO JIELIN PLASTIC PIPE MANUFACTURE CO., LTD (China), Schutz Container Systems (US), Greif, Inc. (US), Hyosung (China), WERIT Kunststoffwerke W. Schneider GmbH & Co.KG (Germany), SCHÜTZ GmbH & Co. KGaA (US), Bulk Handling Australia (Australia), Snyder Industries, Inc. (US), Maschiopack GmbH (Germany), Hoover Ferguson Group, Inc. (US), and Sintex Industries (India) among others.

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Pharmaceutical Packaging Market Research Methodology, Structure, Forecast to 2027

Overview

The pharmaceutical packaging market is anticipated to grow rapidly at a CAGR of 6.51% during the forecast period. The global pharmaceutical packaging market is driven by growing demand for lightweight packaging materials and solutions. These factors have helped shape the pharmaceutical packaging market and are expected to boost the growth. Companies in the pharmaceutical packaging market could also face challenges such as external influences and poor handling. The details covered in the pharmaceutical packaging market report cover all the aspects of the industry. Analysts studying the pharmaceutical packaging market have also shared growth projections in the report and have suggested pharmaceutical packaging market players to plan business strategies accordingly.

Market Segmentation

The global pharmaceutical packaging market has been segmented based on application, material, type, and packaging. On the basis of material , the market for pharmaceutical packaging is segmented based on plastic, paper & paperboard, glass. Additionally, the market on the basis of type, is segmented into aerosol pack, blister pack, bottle, sachets, tubes. The global market for pharmaceutical packaging is also covered based on packaging segment which is further split into flexible, rigid, and semi-rigid. The market is further segmented based on applications into branded drugs, medical tools & equipment, nutraceuticals, test kits, generic drugs.

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Factors like easily transportable packaging solutions as well as growing demand for hygienic packaging products support the pharmaceutical packaging market growth. The performance of the pharmaceutical packaging market has also been studied for the past and current years. Additionally, the pharmaceutical packaging market report provides analysis of these segments. The pharmaceutical packaging market segmental analysis provided in the report offers major details about the pharmaceutical packaging market based on the data and forecasts till 2023.

Regional Overview

Companies in the pharmaceutical packaging market are spread across the world. The pharmaceutical packaging market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American pharmaceutical packaging market has many companies across the United States, Canada, and Mexico. The pharmaceutical packaging market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the pharmaceutical packaging market can be found in the market research report. Europe has companies in the pharmaceutical packaging market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the pharmaceutical packaging market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The pharmaceutical packaging market is supported by sustainable packaging solutions across the industry. The population growth around the world and increasing demand of pharmaceutical packaging market based services and products also support the market growth. However, the pharmaceutical packaging market growth can be affected due to biological contamination. The report covers all such details which will help companies in the pharmaceutical packaging market to strengthen their business plan and improve their product portfolio. The pharmaceutical packaging market research report also provides company profiles of major companies. The company profiles of many organizations operating in the pharmaceutical packaging market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the pharmaceutical packaging market. New companies and established businesses can plan their strategies based on this data provided in the pharmaceutical packaging market research report.

Industry News

Bottle seal quality has traditionally been checked by examining a fixed number of bottles and manually extracting caps to physically check off-line seal tape as an in-phase test mostly during manufacturing stage. Traditional methods cannot explicitly inspect the consistency of inline sealing. In the opinion of researchers, the strengths oe f latest superior temperature imaging technology include a tangible and revolutionary advancement in examination that increases the threshold for quality management and also has the potential to become a major paradigm for the validation of induction sealing accuracy throughout the pharmaceutical sector.

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Pharmaceutical Glass Packaging Market Research Methodology, Structure, Forecast to 2027

Overview

The global pharmaceutical glass packaging market is projected to grow at a CAGR of 6% during the forecast period. As per the pharmaceutical glass packaging market research report, the global market for pharmaceutical glass packaging is projected to grow swiftly by 2023. According to analysts, innovations in drug delivery systems as well as increasing demand for pharmaceutical products will drive the market growth during the forecast period. The pharmaceutical glass packaging market research report offers a comprehensive analysis of the global pharmaceutical glass packaging market and its applications and products segments. The tough competition along with availability of substitutes are the elements that could influence the pharmaceutical glass packaging market advancement throughout the forecast period. The pharmaceutical glass packaging market research report by expert analysts is developed to assist organizations in the pharmaceutical glass packaging market.

Market Segmentation

The global pharmaceutical glass packaging market has been segmented based on applications and products. On the basis of applications, the market for pharmaceutical glass packaging is segmented based on biological drugs, branded drugs, and generic drugs. Additionally, the market on the basis of products, is segmented into ampoules, cartridges, and glass vials.

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Major elements such as cheaper alternatives could obstruct the pharmaceutical glass packaging market growth. However, according to the pharmaceutical glass packaging market research report, technological advancements in the field. Along with advantages such as the inert nature of glass will propel growth throughout the forecast period. The pharmaceutical glass packaging market is set to register growth at a high CAGR owing to these key factors. The exploration of applications and products segments along with regional markets has been given in the global pharmaceutical glass packaging market research report. The research analysts studying the pharmaceutical glass packaging market have put out market forecasts in the pharmaceutical glass packaging market research report in order to support pharmaceutical glass packaging market-based companies. The pharmaceutical glass packaging market research report provides an extensive understanding of the pharmaceutical glass packaging market based on the information and forecasts till 2023.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for pharmaceutical glass packaging are predominantly covered in the global pharmaceutical glass packaging market research report. Country-level pharmaceutical glass packaging markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level pharmaceutical glass packaging markets are covered in the report. In Asia-Pacific (APAC) region, the country-level pharmaceutical glass packaging markets covered are Japan, India, China, and others. The pharmaceutical glass packaging market research report also explores the regional market for pharmaceutical glass packaging present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The pharmaceutical glass packaging market research report also covers regional markets from the rest of the world alongside pharmaceutical glass packaging markets of Africa and the Middle East.

Competitive Landscape

Continuous developments in the pharmaceutical industry are presumed to drive the pharmaceutical glass packaging market growth worldwide. The global pharmaceutical glass packaging market could be challenged by high maintenance cost, nevertheless, organizations in the pharmaceutical glass packaging market will carry the growth rate forward. The pharmaceutical glass packaging market research report presents company profiles of major companies active in the pharmaceutical glass packaging market globally. Furthermore, the global pharmaceutical glass packaging market report offers an all-inclusive analysis of the market collected from the pharmaceutical glass packaging market’s primary and secondary sources covering both decision makers and thought leaders. The pharmaceutical glass packaging market research report highlights such key areas assisting businesses operating in the pharmaceutical glass packaging market to build better growth strategies.

Industry News

As the US prepares for the COVID-19 delivery of vaccines, SCHOTT continues to manufacture record numbers of pharmaceutical vessels, including vital glass vials. In order to accelerate the delivery and guarantee patient safety, the industry is focusable on the scale-up of approved vaccine development, proven and safe primary pharmaceutical packaging. 75% of all projects approved or currently under pipeline for COVID-19 vaccines depend on SCHOTT Vials.

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PET Packaging Market Research Methodology, Structure, Forecast to 2027

Market Analysis

The pet food packaging market will touch USD 89.10 million at a 5.67% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Pet food packaging, simply put, are packages used for packing pet food. It is made of different materials such as paper and paperboard, plastic, and others and used to pack different types of food such as chilled and frozen food, dry food, pet treats, wet food, and others. They come in different forms, such as pouches, box and cartons, bags, metal cans, and others.

Various factors are propelling the global pet food packaging market share. According to the recent MRFR report, such factors include the increase in pet ownership, constant innovations by top players, an increase in disposable income, flavor innovations, easy availability on online stores, and advancements in pet care. Besides, growing affection for pets, demand for recyclable packaging solutions, rapid urbanization, consumers’ increasing disposable income, increasing inclination towards premium pet treats and pet food, and different regulations and policies laid down by the government are also adding market growth.

On the contrary, strict policies and regulations by the government regarding the use of plastic and the on-going COVID-19 impact may limit the global pet food packaging market growth over the forecast period.

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global pet food packaging market based on animals, packaging material, food, and product.

By product, the global pet food packaging market is segmented into pouches, box and cartons, bags, metal cans, and others. Of these, metal cans will lead the market over the forecast period.

By food, the global pet food packaging market is segmented into chilled and frozen food, dry food, pet treats, wet food, and others. Of these, dry food will dominate the market over the forecast period.

By packaging material, the pet food packaging market is segmented into paper and paperboard, plastic, and others. Of these, the plastic segment will have a major share in the market over the forecast period.

By animals, the global pet food packaging market is segmented into dog food, cat food, fish food, and others. Of these, dog food will command the largest share in the market over the forecast period.

Regional Analysis

Based on the region, the global pet food packaging market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Middle East and Africa (MEA). Of these, North America will have the lions share in the market over the forecast period. Growing demand for pet ownership, the presence of pet food packaging manufacturers, demand for cups and tubs, increasing sales of dog food packaging products, and rising consumption of pet food packaging in the wet cat food sector is adding to the global pet food packaging market growth in the region. The United States holds the utmost share in the market, followed by Canada.

The global pet food packaging market in Europe is predicted to hold the second-largest share over the forecast period. The huge production of pet food and its packaging products, as well as huge imports of these products, are adding to the global pet food packaging market growth in the region. Germany holds the utmost share in the market.

The pet food packaging market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of nuclear families and the concept of humanization are adding to the global pet food packaging market growth in the region. China, India, and Japan have the utmost share in the market.

The pet food packaging market in the MEA is predicted to have sound growth over the forecast period.

Key Players

Leading contenders profiled in the global pet food packaging market report include Blue Buffalo Co., Ltd, Hill's Pet Nutrition, Inc., Diamond Pet Foods, Nestlé Purina PetCare, Berry Global Group Inc., Berry Global Group Inc., Ardagh Group SA, Sealed Air Corporation, Huhtamäki Oyj, Ampac Packaging, Llc, Winpak Ltd, Mondi Group, Amcor Limited, Bemis Company, Inc., and Sonoco Products Company.

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