The technical films market constitute around 12–13% of the global multilayer flexible packaging market worth US$ ~267 Bn in 2022.The technical films market saw some lucrative growth in 2022 with worldwide revenues up 5.5% year over year. A new forecast by FMI estimates that technical films market is anticipated to create an incremental opportunity of US$ ~12.7 Bn during the forecasted periodGlobal Technical Films Market: Forecast HighlightsAccording to Future Market Insights, the global technical films market is anticipated to reach a value higher than US$ 47 Bn by the end of the year of assessment from a value of around US$ 36.6 Bn in 2022. The global technical films market is projected to grow at a high value CAGR of 5.3% throughout the period of assessment.Global Technical Films Market: Aspects Impacting GrowthExpanding demand for packaged food triggering the demand for technical films, sustained growth in building and construction, increasing demand for anti fog films for fresh produce applications, growing inclination towards high performance surface protection material, growing emphasis on manufacturing of smaller pack size barrier packaging and staggering growth in the electronics market are pushing the growth of the global technical films market.However, lack of competency in manufacturing technology for technical films and non-availability of feed stock coupled with shortage of technological equipment and machinery for flexible barrier packaging are posing hindrances to the global market’s growth.Global Technical Films Market: Segmental SnapshotThe global technical films market is segmented on the basis of film type, end use industry, material type, thickness type and region.By film type, the barrier film segment is estimated to reach a huge valuation of more than US$ 22 Bn by the end of the year of assessment. The safety and security film segment is projected to grow at a comparatively high value CAGR of 6.5% during the period of forecast.

By end use industry, the food and beverage segment is expected to be the largest in terms of market share and is likely to dominate the global market. The building and construction segment is poised to significantly contribute to the market value of the global technical films market.

By material type, the polypropylene segment is projected to grow at the fastest pace to register a value CAGR of 6.6% during the period of forecast. The polyethylene segment is expected to reflect a high market valuation by the end of the year of assessment.

By thickness type, 50–100 microns are largely preferred. This segment is expected to have a large market share and is estimated to reach a value more than US$ 17 Bn by the end of 2027.

By region, Asia Pacific excluding Japan (APEJ) is a highly lucrative regional market presenting huge growth opportunities for technical films. The technical film market in the APEJ region is anticipated to reach a high market valuation and is projected to grow at the highest rate during the period of forecast.

Technical Films Market By CategoryBy Film Type:Stretch Film

Shrink Film

Barrier Film

Conductive Film

Safety & Security Film

Anti-Fog Film

Other Technical Films

By Material:Polyethylene (PE)

LDPE

LLDPE

Polyethylene terephthalate (PET)

Polyamide (PA)

Polypropylene (PP)

Polyvinyl Chloride (PVC)

Ethylene vinyl alcohol (EVOH)

Polyurethane (PU)

Aluminum

Polycarbonate (PC)

Others

By Thickness Type:Up to 25 microns

25–50 microns

50–100 microns

100–150 microns

above 150 microns

By End Use Industry:Food & Beverage

Cosmetic & Personal Care

Chemical

Agriculture

Building & Construction

Pharmaceutical

Electrical & Electronic

Automobile

Others

Access Full Report: https://www.futuremarketinsights.com/reports/technical-films-market

The plastic tubes market is anticipated to generate US$ 959 Mn. As plastic tube production reached an all-time high, Tier 1 firms are anticipated to contribute between 10% and 15% to the market as a whole. Between 2021 and 2031, plastic tube sales are projected to grow at a CAGR of 5.0 percent.

In addition, the U.S. plastic tube market is anticipated to grow at a 3.8 percent CAGR, with North American sales reaching over US$ 213 million in 2021. Furthermore, the report predicts that by 2021, plastic tubes would account for 30% of the market for packing tubes, with a value of over US$ 3.1 billion. In terms of applications, the dental, cosmetic, and pharmaceutical segments will account for more than 83.1% of the market’s demand in 2021.

How will Increasing Consumption of Cosmetic Products Augment Plastic Tubes Sales?

The global cosmetics and beauty industry is one of the frequent end users of plastic tubes. Rising consciousness towards wellness and beauty is driving the cosmetics and personal care industry.

Hence, consumption of cosmetic plastic tubes in these industries for skin, hair, and body care treatments is one the major factor spurring the sales in the plastic tubes market.

Millennials have become more cautious and keen on maintaining their health. Additionally, increasing penetration of social media and the internet is promoting the importance of skincare and hair care routines.

On account of the aforementioned factors, consumption of plastic tubes in cosmetic industry is expected to burgeon over the coming years. Further, plastic tubes are predominantly used to pack anti-aging creams, shampoos, hair conditioners, and other cosmetics products.

Competitive Environment

The main producers of plastic tubes are concentrating on employing environmentally friendly materials, hygienic solutions, and a superb visual aesthetic look.

The producers are gradually substituting eco-friendly materials for plastic in order to lessen the impact on the environment and enhance the footprint of packaging solutions.

Leading companies are increasing their sales by combining sustainable materials with eco-design principles that use recycled materials, renewable resources, and product safety. Furthermore, they are concentrating on providing cutting-edge plastic tubes while also striving for strategic alliances with other businesses for sustainable tube packaging.

Vicco Labs and EPL Limited teamed up in November 2021 to develop the company’s line of turmeric products and introduce Vicco Turmeric’s sustainable tube packaging.

Key Companies Profiled

EPL Limited

Albea S.A.

Berry Global Inc.

CCL Industries Inc.

LINHARDT GmbH & Co. KG

Huhtamäki Oyj

Hoffmann Neopac AG

Pirlo Holding GmbH

CTL-TH Packaging SL

Tubapack A.S.

Antilla Propack Inc

Plastic Tubes Market by Category

By Material :

Polyethylene (PE)

Polypropylene (PP)

Polyamide (PA)

Ethyl Vinyl Alcohol Polymer (EVOH)

Polyethylene Terephthalate (PET)

Others Materials

By Capacity :

Less than 50 ml

51 to 100 ml

101 to 150 ml

Above 151 ml

By Closure :

Stand Up Cap

Nozzle Cap

Fez Cap

Flip Top Cap

Other Caps

By Application :

Dental

Cosmetic

Pharmaceutical

Food

Commercial & Processing Applications

Others

By Region :

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

Middle East & Africa

Access Full Report: https://www.futuremarketinsights.com/reports/plastic-tubes-market

Future Market Insights delivers vital insights on the bubble wrap packaging market in its published report titled, “Bubble Wrap Packaging Market: Global Industry Analysis 2014–2018 and Opportunity Assessment 2019–2029”. In terms of revenue, the global bubble wrap packaging market is projected to expand at a CAGR of ~3% during the forecast period, owing to numerous factors upon which FMI offers thorough insights and forecasts in this report.

The global bubble wrap packaging market has been segmented on the basis of product, material, end-use industry, and region. The global market is expected to expand 1.4x in terms of market volume by the end of 2029.

Access Full Report@ https://www.futuremarketinsights.com/reports/bubble-wrap-packaging-market

The global time temperature indicator labels market has been moderately affected from 2019 to 2020, with the challenges posed by the COVID-19 pandemic. Restrictions on production, international trade, and supply chains held back short-term growth.

According to a new report by Future Market Insights (FMI), the market crossed US$ 742 Mn through 2019, with a healthy 6.6% CAGR till the end of the forecast period in 2030. According to the report, innovations in intelligent packaging solutions and enzymatic labels are support long-term developments.

In spite of the positive prospects of the time temperature indicator labels market, low awareness about time temperature indication technologies, especially in developing countries might hold back market growth.

Key Takeaways

The size of the time temperature indicator labels market is estimated to surpass US$ 776 Mn by the end of 2020, with food and drug storage and transport applications being major driving factors for the market

Pharmaceutical manufacturers will remain primary end users, while applications in food and beverage processors are expected to grow at a relatively faster rate driven by the adoption of cold supply chains

Critical time and temperature indicator technologies will account for higher demand owing to cost and weight benefits, accounting for over 80% of the market

Europe followed by North America are leading regional markets for time temperature indicator labels, supported by the presence of leading pharmaceutical players and strict regulations in terms of health and food safety

“Growing levels of domestic and international trade for perishable commodities is a major driver of the global time temperature indicator labels market. Extensive application of these labels for clinical products, seafood, and wine especially in developing countries will continue boosting the shipping of these items, in turn creating lucrative prospects for time temperature indicator labels sales” says the FMI Analyst

Covid-19 Impact Analysis

The covid-19 pandemic has had a moderate impact on the global time temperature indicator labels market. Supply chain disruptions and restrictions on manufacturing activities due to lockdown have hindered short-term market prospects.

Manufacturers have taken to diversifying supply chains away from China to minimize the impact of the outbreak. The need for cold supply chains for the covid-19 vaccines are likely to prove lucrative to market players.

Also, the growth of the ecommerce sector during the pandemic and online purchases of drugs and food has created lucrative growth opportunities, which is helping in cutting down losses during the crisis period.

Competitive Landscape

Major players in the time temperature indicator labels market landscape include 3M Company, CCL Industries Inc., Temptime Corporation, Bizerba SE & Co. KG, Delta Trak Inc., Thin Film Electronics ASA, Biosynergy Inc., Evigence Sensors, Insignia Technologies Ltd., and La-Co Industries Inc. among others.

Manufacturers are increasingly relying on product development and launch strategies to incorporate novel tech advancements in addition to acquisitions, mergers, and geographical expansion to offer improved solutions and to widen their consumer base in a fragmented market landscape.

More Insights on FMI’s Time Temperature Indicator Labels Report

Future Market Insights in its latest report offers a detailed analysis of the global time and temperature indicator labels market covering historical demand from 2015–2019 and forecast data for the period between 2020 and 2030. The study covers projections of growth in the market in terms of product type (color only based and barcode based), label information (critical temperature indicators, critical time temperature indicators, and time temperature indicators), technology (microbiological, diffusion, polymer-based, photochemical, enzymatic, and others), and end use industry (pharmaceutical, food & beverage, chemical & fertilizers, and others), across seven key regions.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

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Stretch wraps or shrink films can prove inefficient in protecting the packages completely. As a result, an increasing number of manufacturers are inclined towards automation and reducing labor work as much as possible. As per a new study by Future Market Insights (FMI), this will enable growth in the stretch hood films market, which is expected to surpass US$ 767.9 Mn by 2022.In some countries lack of labor is one of the key factors which makes automation a more efficient solution in the long run. Furthermore, unlike stretch wraps and shrink wraps, stretch hood films provide all surface protection. Stretch hood films are gaining traction among the end users as they do not require separate heating unit like shrink films when combined with the stretch hood wrappers. Thus, they save consumables and energy which are essential in heat shrink systems. Therefore, stretch films are predicted to hold a major pie in the global packaging market in near future.Besides this, stretch hood film provides improved quality of wrapping. It gives a perfect presentation to the wrapped products eliminating the appearance of folds and creases which is common in shrink wrapping. Most of the consumers are gradually shifting to stretch hood films from tradition packaging and wrapping approaches as these films gives enhanced aesthetic looks, transparency, and gloss to show the contents of the load.Stretch hood packaging offers great efficiency for securing pallet unit loads. Products packaged with stretch hood films enable maximum coverage as the package is covered horizontally and in transverse directions as per the packaging application.Who is Winning?Sigma Plastics Group,

Coveris Holdings S.A.,

Novolex Holdings, Inc.,

AEP Industries Inc.,

Integrated Packaging Group Pty Ltd,

Trioplast Industrier AB,

Muller Load Containment Solution,

RKW Group,

Muraplast d.o.o.,

Thrace Synthetic Packaging Limited,

Rosenflex(UK) Limited,

Manuli Stretch S.p.A, Shields Bag and Printing Co., UAB Umaras, Gebr Duerrbeck Kunststoffe Gmbh Limited, Aalmir Plastic Industries and NPF Polyfilms Pvt Ltd are prominent players in the stretch hood films market. The stretch hood films market is fragmented and the key players in the market hold 15–20% share in the global stretch hood films market.Polyethylene stretch hood films are highly sought-after. As per FMI, polyethylene will be used in the production of nearly 70% of stretch hood films produced through 2031. Among end users, the demand from the construction sector also is expected to rise in the coming years.Key Takeaways of Stretch Hood Films Market StudyStretch hood films sales are poised to surge, enabling the market exhibit 2.8% y-o-y growth in 2021, after a period of setback in 2020

With manufacturing rising consistently, coupled with the demand for advanced packaging solutions, the U.S. will account for over 88% of sales in North America

While 2020 proved uneventful, the U.K. market will register a positive 3.7% y-o-y growth in 2021

Expansion of construction sector will fuel demand for stretch hood films in Japan and South Korea

South Korea will exhibit higher rate of growth yet China will remain the dominant market for stretch hood films in East Asia

“Closed film hoods lead to better theft protection compared to stretch wrapping. Stretch hood films further prevent dirt and moisture from damaging the products during loading and shipment.” says an FMI analyst.Stretch Hood Films Find Application in Diverse IndustriesStretch hoods machine is one of the latest palletizing technology and offers benefits when compared to other palletizing methods. In recent times, stretch hood films manufacturers have not only improved the packaging technique and quality, but also emphasized on the quality of raw materials used to enhance performance. Stretch hood films manufacturers are continuously working on production of stretch hood films with more elasticity and reduced thickness.Using stretch hood films reduces plastic consumption by 20%-30% as compared to shrink hoods or stretch film. It encourages manufacturers to grab this opportunity and innovate products which are less harmful to the environment. These films can be recycled easily so it drastically brings down the recycling cost.Increasing opportunities created by innovative product offerings are anticipated to induce established players to invest in research and development activities to further improve performance of stretch hood films. Increased load stability and elasticity of stretch hood films has created lucrative opportunity for the manufacturers of stretch hood films to cater multiple end use industries such as food & beverage, textile, shipping and construction among others.Impact of COVID-19 on Stretch Hood Films MarketE-commerce and cargo shipments have been transporting huge number of products. Stretch hood films ensure load stability for transportation at the same time provide total visibility to the contents of a pallet. In the recent years, logistics industry has gained prominence due to rising technology. However, the outburst of COVID-19 pandemic has turned the normal functioning of the logistics sector.Sudden drop in consumer demand created an immediate impact on shipping and port operations activity levels and altered corporate strategies. Lockdown across multiple geographies led to port congestion and reduced demand of stretch hood films from logistics industry. Trends in industry such as food & beverage and medical products confirmed resilience for demand of basic goods, which had continuous demand for packaging of goods.

Access Full Report: https://www.futuremarketinsights.com/reports/stretch-hood-films-market

The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017–2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end.

Rigid food containers will continue to find the largest applications in ready-to-eat food products, followed by bakery & confectionary. Revenues from sales of rigid food containers for packaging of ready-to-eat food products are projected to account for approximately one-third share of the market in 2017, and will further discern a rise in their market share by 2022-end. Dairy products and meat, poultry & seafood are also anticipated to be lucrative application areas for rigid food containers over the forecast period.

Based on packaging type, revenues from sales of trays will remain the largest during the forecast period, followed by bottles & jars, and boxes & cartons. In addition, although sales of cups & tubs will account for smaller revenue share of the market, their sales are projected to register a healthy expansion through 2022. In contrast, sales of bottles and jars will register a sluggish expansion through 2022.

Plastic and paperboard will continue to be the most lucrative materials for manufacturing rigid food containers. In addition, sales of plastic and paperboard for production of rigid food containers are expected to register the highest CAGRs in the market through 2022. Glass and metal will continue to be comparatively less lucrative materials than plastic and paperboard in the global rigid food containers market.

Asia-Pacific excluding Japan (APEJ) is anticipated to remain the largest market for rigid food containers, projected to expand at an impressive 5.2% CAGR through 2022. Dominance of APEJ on the market can be highly attributed to robust expansion of food & beverage industry, coupled with an increased demand for eco-friendly & sustainable packaging owing to strict regulations concerning material recycling. China and India will remain the most lucrative countries for the rigid food containers market in APEJ.

North America is expected to remain the second largest market for rigid food containers, with the U.S. being the most lucrative country. Shifting preference towards bioplastics as raw materials for rigid food containers on the back of stringent regulations concerning reduction of carbon footprints will drive growth of the market in North America. Another key factor driving the market growth in this region is increased demand for ready-to-drink beverages and packaged frozen food products on the back of hectic lifestyles of population.

Implications for New Product Development & Channel Strategies in Food Packaging

Rigid food containers are gaining tremendous popularity since the recent past, offering the food products with a long shelf life. Constantly changing lifestyles of consumers, along with their busy work routine, and rapid shifts in household income & size have significantly affected the consumers’ behaviour of buying food products. This has further led towards important implications for new channel strategies and product development in packaging of food, such as rigid containers. Moreover, robust transformations in demographics, improvisations in manufacturing output & productivity, and huge expenditure on packaging of food products across the globe have fuelled requirement for highly advanced packaging facility, such as rigid containers, in the food and beverage sector.

The global market for rigid food containers is highly fragmented in nature, with a large number of suppliers and manufacturers competing to gain a competitive edge. FMI’s report has listed key participants operating actively in the global market for rigid food containers, which include Huhtamaki Oyj, Bemis Co., Inc., Sonoco Products Co., Printpack Inc., Smurfit Kappa Group PLC, Crown Holdings, Inc., Ball Corporation, DS Smith PLC, Berry Global Group, Inc., Sealed Air Corp., Amcor Ltd., and Packaging Corp. of America.

Key Segments Covered

Region :

North America

Latin America

Europe

Japan

APEJ

MEA

Material Type :

Plastic

Paperboard

Glass

Metal

Packaging Type :

Trays

Bottles & Jars

Cans

Cups & Tubs

Boxes & Cartons

Others

Application :

Meat, Poultry & Seafood

Dairy Products

Bakery & Confectionary

Ready to Eat Food

Baby Food

Fruits & Vegetables

Other Applications

Access Full Report: https://www.futuremarketinsights.com/reports/rigid-food-containers-market

In the worldwide flexible packaging landscape, the bag-in-tube market is likely to outperform other options as a single-use packaging technology. Between 2022 and 2029, the global bag-in-tube market is expected to rise at a staggering CAGR of more than 13.1 percent. According to a new Future Market Insights (FMI) analysis, wine packaging will continue to be a significant contributor to revenue growth in the global bag-in-tube market.Preference for bag-in-tube for its 360° area accessible for printing and embossing, as well as the potential to offer extended shelf life of up to 6 to 8 weeks after opening the pack, are some of the primary aspects driving this expansion. In terms of mechanical resistance and oxygen barrier, metallized PET utilised in bag-in-tube film architectures meets client expectations. Throughout the forecast period, the bag-in-tube market is predicted to develop at a 13.1 percent annual pace (2022–2029). Some of the important developments in the bag-in-tube industry are high-end customization employing spigots and handles, as well as the type of material utilised as barrier layers.Bag-in-Tube Market Study Key TakeawaysMetalized PET will continue to be the favoured material in the bag-in-tube market, with more than 60% of the market expected to be captured between 2019 and 2029.

By 2029, demand from wine and olive oil producers is predicted to account for roughly 80% of the global bag-in-tube market, and it is expected to develop at a faster rate than any other segment.

Western Europe is estimated to dominate the bag-in-tube market, with a CAGR of more than 10% from 2019 to 2019.

Bag-in-tube makers can make significant profits by targeting wine and spirit producers, as these end users see bag-in-tube as a lightweight, leak-proof, and cost-effective packaging alternative to glass.

In Asia Pacific and MEA, there are a lot of untapped markets.Some markets are unfamiliar with bag-in-tube packaging, which is an expanded form of bag-in-box. While bag-in-tube has a high market penetration in Western Europe, it has a lower market penetration in North America. Latin America and Eastern Europe, where bag-in-tube packaging is still in its early phases of development, are key producers and consumers of wine, providing a great potential for bag-in-tube packaging manufacturers. Bag-in-tube penetration is essentially non-existent in APEJ, MEA, and Japan, making them very profitable regions for enterprises looking to increase their market positions.In European countries, bag-in-tube packaging is widely used for wine and spirits, followed by high-end vegetable oil (olive oil). By the end of 2025, the worldwide millennial population is expected to surpass 30%. Millennials are drawn to novel packaging such as bag-in-tube and bag-in-boxes because they are convenient to carry and store. Bag-in-tube producers are projected to benefit greatly as a result of this.Bag-in-Tube Industry Research Highlights Key SegmentsBag-in-Tube Market by Capacity:Less than 1000 ml

1000 to 2000 ml

2001 to 3000 ml

More than 3000 ml

Bag-in-Tube Market by Product:EVOH Barrier + PE

Metallized PET

Bag-in-Tube Market by End-use:Wine

Spirit

Olive Oil

Fruit Juices

Others

Key Questions Answered in the ReportHow much is the Bag-in-Tube market currently worth?

What is the sales forecast for Bag-in-Tube through 2029?

What was last 7-year market CAGR for the sales of Bag-in-Tube?

Who are the key manufacturing companies for Bag-in-Tube?

Access Full Report: https://www.futuremarketinsights.com/reports/bag-in-tube-packaging-market

ESOMAR-certified firm Future Market Insights (FMI) has recently published an extensive coverage on the global shrink sleeve label applicator market.The study estimates the market to expand by 2% in 2021, with growing focus on food & beverage generating significant opportunities.The global shrink sleeve label applicator market is estimated to value at US$ 1.1 billion in 2022 and is projected to reach US$ 1.6 billion by 2030, at a CAGR of 5.0%.Furthermore, the pharmaceutical industry represents major expansion avenues, with prolific advancements witnessed in the generic drugs domain. Bulk of all generic drugs are produced in India, accounting for over a fifth of the global export volume. Consequently, shrink sleeve label applicator players are augmenting their footprint across the South Asian market.Besides the widening prospects across the pharmaceuticals segment, opportunities also abound across the cosmetics & personal care domain, anticipated to create a significant boost through the upcoming forecast period. As per FMI’s projections, cosmetics and personal care applications generated over 10% of the revenue throughout 2022.Rising incidences of mislabeling and incorporation of undesirable ingredients are prompting government authorities to tighten cosmetic labeling standards so as to prevent any deleterious impacts on consumers upon usage. FMI anticipates the channel to chart a promising opportunities in the future.Key Takeaways from the Shrink Sleeve Label Applicator Market ReportThe shrink sleeve label applicator market is expected to grow at a CAGR of 5% from 2022–2030

The automatic applicators are expected to remain lucrative due to their easily operatable properties and time saving

The beverages industry will fuel demand for shrink sleeve labels owing to growing use in bottles and packaged drinks

South Asian countries will emerge as lucrative hubs for shrink sleeve label applicators through 2030

The high operational costs are expected to limit growth in the shrink sleeve label applicator market.

“Increasing demand for safe and durable labeling due to COVID-19 is expected to increase production of shrink sleeve label applicators in the market. Players are also putting efforts to develop cost efficient products,” says an analyst at FMI.Competitive LandscapeIncreasing industrialization has fueled demand for packaging that has in turn increased the use of shrink sleeve label applicators in South Asia, allowing them to lead the market growth. Players are now focused on creating innovative equipments that improve effectiveness and are cost efficient.In June 2017, Axon introduced a new shrink sleeve applicator that displays higher production and efficiency. It uses automation to increase the volume of production.

In January 2018, American Film and Machinery introduced shrink sleeve label applicator and LX-100 tamper band for low to moderate production rates.

Some of the key players in the shrink sleeve label applicator market are Pack Leader USA LLC, MPI Label Systems Inc., Shanghai Leadworld Machinery Technology Co. Ltd., Axon LLC, Quadrel Labeling Systems, Maurti Machines Pvt. Ltd. and Shanghai Keno Industrial Co. Ltd.Valuable Insights into The Shrink Sleeve Label Applicator Market ReportFuture Market Insights (FMI) has presented a detailed analysis on the shrink sleeve label applicator market along with an assessment for the years 2022–2030. In order to provide a better comprehension, the market is divided into various segments. On the basis of automation, the market is divided into semi-automatic and automatic. Based on the container diameter, the market is segregated into up to 50 mm, 50 to 100 mm, 100 mm to 150 mm and above 150 mm.The market is segmented based on the labeling speed into up to 200 BPM, 200 BPM to 400 BPM, 400 BPM to 600 BPM and above 600 BPM. On the basis of end use industry, the market is divided into food, beverages, pharmaceutical, automotive, construction, chemical & fertilizers, cosmetics & personal care and other consumer goods. Based on the geography, the market is segregated into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa.Shrink Sleeve Label Applicator Market by CategoryBy Automation, Shrink Sleeve Label Applicator Market is Segmented as:Semi-Automatic

Automatic

By Labelling Speed, Shrink Sleeve Label Applicator Market is Segmented as:Up to 200 BPM

200 BPM to 400 BPM

400 BPM to 600 BPM

Above 600 BPM

By Container Diameter, Shrink Sleeve Label Applicator Market is Segmented as:Up to 50 mm

50 to 100 mm

100 mm to 150 mm

Above 150 mm

Access Full Report@ https://www.futuremarketinsights.com/reports/shrink-sleeve-label-applicator-market

Sales of container containers have increased significantly across industries such as FMCG, chemicals, paints and petroleum. Future Market Insights (FMI) forecasts intermediate bulk container (BIC) sales to grow at a CAGR of 6.8% by 2031.There are many products that are not traded in different regions due to the lack of effective packaging types for transporting them. Intermediate bulk containers (RIBC and FIBC) are cost-effective packaging solutions that ensure that products are shipped to importers in their original form.Greif Inc., SCHUTZ GmbH & Co. KGaA and Mauser Packaging Solutions are top players operating in the intermediate bulk container market. In addition, Berry Global Inc., International Paper Company, DS Smith Plc, Mondi Group also, attention in the intermediate bulk container market to collect you. The three-tier player in the market holds 55–65% in the global intermediate bulk container market. To summarize all the major players, it contributes almost 35–45% of the global market.Exploring undeveloped areas for product exports will create a wealth of opportunities for the growth of the IBC market. For example, according to the Institute of Organic Agriculture, Europe has the highest consumption capacity for organic foods.Shipping these organic products from different regions requires the use of bulk bags , further arming the markets in this region. FIBC is considered the best choice for food exports.High demand for advanced containers for bulk liquid transport increases salesMost European countries are steadily recovering from the recent recession caused by the pandemic, and trade activity may increase over the forecast period. This, coupled with the healthy growth of IBC trade volumes in East and South Asia, is expected to play an important role in stabilizing world trade.With notable links in the supply and demand chain of industrial packaging, it is clear that manufacturing has stabilized production and demand for industrial packaging has increased.Competitive LandscapeCompanies operating in the intermediate bulk container market are aiming at expansion and strategic partnerships with other manufacturers to expand their product manufacturing capabilities and global presence.In 2020, Mondi, the global packaging and paper group, is investing in its Styria (Austria) plant to further boost its ability to offer safe, clean, and environment-friendly liners for flexible intermediate bulk containers.

In 2018, Schoeller Allibert’s new foldable intermediate bulk container (IBC), Combo FRUCTUS® was created to meet the expectations of tomato paste and fruit juice industries.

In 2018, Drewsen New technology developed by Austrian manufacturer Starlinger & Co. GmbH (U.S. office is American Starlinger-Sahm, Fountain Inn, S.C.) can produce woven-tape fabric directly from PET bottle flakes. With Starlinger’s “bottle to bag” technology, woven bags are made directly from recycled material and can be recycled after use.

In 2017, Conitex Sonoco USA, Inc., a manufacturer and distributor of flexible intermediate bulk container (FIBC) bags, launched BulkSak on-demand, a web-enabled inventory program that provides new and existing customers on-demand access to over 70 types of ready-to-ship FIBC bags.

Key SegmentBy Product:RIBC

Metal

Paperboard

Plastic

Composite

FIBC

Flexitanks

Bags

By Material:Metal & Paperboard

Plastic

PE

PP

PVC

By Content:Liquid

Solid & Semi-Solid

By Capacity:RIBC

Up to 1,000 Ltr.

1,000–1,500 Ltr.

Above 1,500 Ltr.

FIBC

Up to 500 Kg

501 to 1,000 Kg

1,001 to 1,500 Kg

Above 1,500 Kg

By End Use:RIBC

Chemicals

Petroleum & Lubricants

Paints, Inks & Dyes

Food & Beverage

Cosmetic & Personal

Healthcare & Pharmaceuticals

Others

FIBC

Chemicals & Fertilizers

Food & Agriculture

Building & Construction

Healthcare & Pharmaceuticals

Mining

Others

Access Full Report: https://www.futuremarketinsights.com/reports/intermediate-bulk-container-market

The sachet packaging market is predicted to reach a worth of 8.7 Bn in 2022, according to research by Future Market Insights (FMI). The sachet packaging market is expected to increase at a year-over-year (YoY) rate of 5.4 percent in 2021 as a result of rising consumer demand for compact and practical packaging options.

By the end of 2022, the market is anticipated to reach a volume of about 999 billion units. Between 2021 and 2031, the sachet packaging industry is expected to develop at a strong 5.8 percent compound annual growth rate (CAGR).

North America and Asia Pacific will become important markets. By the end of 2031, they are anticipated to provide more than 60% of total revenue. This can be related to the rise in sachet packing demand worldwide.

“Launching small-sized, one-time use product sachets has helped brands survive the retail revolution over the recent years. With technology innovations in packaging machinery are making a strong attempt to overcome the longstanding drawbacks facing the packaging industry, such as poor productivity, the FMI study finds that sachet packaging is rapidly emerging as a way to increase profit margins, as it requires lesser volumes to be filled in packages”.

Opportunities in Pharmaceutical Packaging Hinting Positive Prospects

The sachet packaging market is likely to expand at a CAGR of ~5.8% over the course of next eight years. First-time buyers have been the primary target for manufacturers selling products in small-sized sachets, according to the report. Furthermore, as modern consumers continue to develop interest in functional packaging, several brands are incorporating sachet packaging into their product marketing strategies, emphasizing increased number of trials and promotions.

Opportunities abound for sachet packaging market players in low-income countries, as retailers in these nations are adopting the small packaging trend over bulk packaging, target untapped consumer population. A growing focus of companies on increasing accessibility and affordability of products to ultimately penetrate new markets, has been significantly favoring the demand for sachet packaging.

Growth prospects of the sachet packaging market, as the report opines, are high in developing countries of Asia Pacific, accounting for one-third share of the total revenues. The growing importance of single-serve packaging among consumers for a multitude of products, especially cosmetics, personal care, and FMCG, has enabled market players to firm up within the region. Lighter, portable, and cost-effective nature of sachets continue to make sachet packaging an attractive proposition for the low-income consumers as well as young and active millennials.

According to the study, single-unit-use of sachets for pharmaceutical products is emerging as an effective way to overcome challenges posed by shorter shelf life or inaccurate doses. With increased healthcare expenditure and growing need for effective packaging which are child-resistant and senior-friendly, sachet packaging will have more ground to cover in the pharmaceutical sector. Sensing the potential growth opportunities, market players are focusing on investing in pharmaceutical machinery for sachet packaging format to facilitate ease of use and improved medicine management.

Key Segment

By Material Type

Plastic

Polyethylene

Polypropylene

PET

Polyamide

Others

Paper

Aluminum Foil

Others

By Pack Size

1 ml — 10 ml

11 ml — 20 ml

21 ml — 30 ml

Above 30 ml

By Packaging Machinery

Vertical Form-fill-seal Machines (VFFS)

Horizontal Form-fill-seal Machines (VFFS)

By Application

Food

Sauces & Jams

Spice & Condiments

Tea & Coffee

Others

Personal Care & Cosmetics

Shampoo & Conditioners

Face packs & Gel

Hair Oil

Pharmaceuticals

Industrial

Sealants & Adhesives

Lubricants & Solvents

Tobacco

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