The world economy has proved to be most fragile in recent times with growth in developed countries being rather pedestrian, resulting in the hope of new volumes being found in developing markets. As such, the health of the packaging industry is l ....see more
The Blister Packaging Market is expected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2% during the forecast period. Amcor Plc (Switzerland), DOW (US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles (Austrai), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (US), Honeywell International Inc. (US), Tekni-Plex (US), and Display Pack (US) are the key players operating in the blister packaging market.
The cooler box market is expected to grow from USD 4.6 billion in 2020 to USD 8.1 billion by 2025, at a compound annual growth rate (CAGR) of 12.1% during the forecast period.Sonoco ThermoSafe (US), B Medical Systems (Luxembourg), Blowkings (India), ISONOVA (Italy), Eurobox Logistics (Romania), Softbox Systems Ltd. (UK), va-Q-tec AG (Germany), Coldchain Technologies, Inc. (US), Sofrigam Group (France) and FEURER GmbH (Germany).
The global technical textile market is expected to grow from USD 164.6 billion in 2020 to USD 222.4 billion by 2025, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.Asahi Kasei (Japan), Kimberly Clarke (US), Berry Global Group (US), DuPont (US), Mitsui Chemicals (Japan), Freudenberg & Co. (Germany), Low & Bonar (UK), Huntsman (US), Toyobo Co. (Japan), Milliken & Company (US), SRF Limited (India), Koninklijke Ten Cate (Netherlands), and International Textile Group (US).
The Corrugated Bulk Bins Market is expected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a CAGR of 4.2% during the forecast period. WestRock Company (US), International Paper Company (US), Mondi (Austria), Sonoco (US), and Greif Inc. (US) are the key players operating in the corrugated bulk bins market. Expansions & investments, acquisitions, agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the corrugated bulk bins market.
The packaging printing market is expected to grow from USD 352.1 billion in 2020 to USD 433.4 billion by 2025, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.Mondi plc (Austria), Sonoco Products Company (US), Graphics Packaging Holding Company (US), Quad/Graphics (US), Amcor Limited (Australia), Constantia Flexibles (Austria), Quantum Print and Packaging Limited (UK), WS Packaging Group (US), Toppan Printing Company (Japan), and Duncan Printing Group (UK).
The global fresh food packaging market size is projected to reach USD 94.7 billion by 2025, at a CAGR of 3.5% during the forecast period. Amcor PLC (Australia), International Paper Company (US), WestRock Company (US), Sealed Air Corporation (US), Smurfit Kappa (Ireland), Coveris (Vienna), Dupont (US), DS Smith PLC (UK), Mondi PLC (South Africa) and Silgan Holdings Inc. (US) are the leading fresh food packaging manufacturers, globally.
The global insulated packaging market is expected to grow from USD 11.4 billion in 2020 to USD 15.8 billion by 2025 at a compound annual growth rate (CAGR) of 6.7% during the forecast period.Deutsche Post DHL (Germany), E. I. Du Pont De Nemours and Co. (US), Amcor Limited (Australia), Sonoco Products Company (US), and Huhtamaki OYJ (Finland) are the leading insulated packaging manufacturers, globally.
The aluminum caps & closures market is expected to grow from USD 6.2 billion in 2020 to USD 7.6 billion by 2025, at a compound annual growth rate (CAGR) of 3.9% during the forecast period.Crown Holding (US), Silgan Holdings (US), Amcor (Australia), Guala Closure (Luxembourg), Alcopack (Germany), Herti JSC (Bulgaria), Torrent Closures (Spain), Cap & Seal Pvt Ltd (India), and Federfin Tech S.R.L (Italy) are the leading players in the aluminum caps & closures market. Other players include Osias Berk (US), ITC Packaging (US), DYZDN Metal Packaging (China), Shangyu Sanyou Electro-Chemical Aluminium Products (China), Alameda Packaging (US), EMA Pharmaceuticals (France), Alupac-India (India), Alutop (India), Helicap Closures (China)
The global multiwall bags market size is projected to reach USD 14.4 billion by 2025, at a CAGR of 3.5% during the forecasting period. Mondi Group (Austria), Berry Global Inc. (US), Sonoco Products Company (US), Hood Packaging Corporation (US), El Dorado Packaging, Inc. (US), Lincon Polymers Pvt. Ltd. (India), ProAmpac Holdings Inc. (US), Global-Pak, Inc. (US), LC Packaging (Netherlands), NNZ Group (Netherlands), Manyan Inc (Canada), United Bags, Inc. (US), Langston Companies, Inc. (US), Material Motion, Inc. (US), Commercial Packaging (US), MIDCO Global (US), Trombini (Brazil), San Miguel Yamamura Woven Products sdn bdh (Philippines), Oji Fibre Solutions (NZ) Ltd. (New Zealand), Nebig Verpakkingen BV (Netherlands), Sanghavi Global (India), Premier Polymer (India), Napco National (Saudi Arabia), Corman Bag (US), and Bag Supply Company, Inc. (US), among others are the key players operating in the multiwall bags market. Expansions & investments, acquisitions, partnerships, and new product developments are some of the significant strategies adopted by these key players to enhance their positions in the multiwall bags market.
The global plastic caps and closures market size is projected to reach USD 57.0 billion by 2025, at a CAGR of 5.2% during the forecasting period. Major players operating in the global plastic caps & closures market include Berry Group (US), Crown Holding (US), AptarGroup (US), Amcor (Australia), Coral Products (UK), BERICAP (Germany), Silgan Holdings (US), O.Berk Company, LLC (US), Guala Closures (Italy), United Caps (Luxembourg), Caps & Closures Pty Ltd. (Australia), Caprite Australia Pty Ltd. (Australia), Pano Cap (Canada) Limited (Canada), Plastic Closures Ltd. (UK), Cap & Seal Pvt. Ltd. (India), Phoenix Closures (US), Alupac India (India), Hicap Closures (China), MJS Packaging (US), J.L. Clark (US), TriMas (US), and Comar, LLC (US).
The global industrial packaging market size is expected to reach a value of USD 72.6 billion by 2025, at a CAGR of 4.3% during the forecasting period. Greif Inc. (US), Amcor (Australia), Berry Global Inc. (US), Mondi (Austria), Sonoco (US), and Mauser Packaging Solutions (Germany) are the key players operating in the industrial packaging market. Expansions & investments, acquisitions, agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the industrial packaging market.
The Dual Chamber Prefilled Syringes Market is expected to grow from USD 131 million in 2020 to USD 182 million by 2025, at a CAGR of 6.8% during the forecast period. Nipro Corporation (Japan), Gerresheimer AG (Germany), Vetter Pharma (Germany), Credence Medsystems (US), MAEDA INDUSTRY (Japan), and Arte Corporation (Japan) are the key players operating in the Dual Chamber syringes market. Expansions and new product development are the major strategy adopted players to enhance their positions in the Dual Chamber syringes market.
The global nonwoven fabrics market size is expected to grow USD 53.5 billion by 2025, at a CAGR of 5.7% during the forecasting period. Ahlstrom-Munksjo (Finland), Berry Global Inc. (US), Kimberly-Clark Corporation (US), Asahi Kasei Corporation (Japan), Toray Industries Inc. (Japan), Freudenberg Group (Germany), and Lydall, Inc. (US) are the key players operating in the nonwoven fabrics market. Expansions & investments, mergers & acquisitions, joint ventures & agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the nonwoven fabrics market.
The BOPP Films Market is expected to grow from USD 24.2 billion in 2020 to USD 31.4 billion by 2025, at a CAGR of 5.3% during the forecast period. C Cosmo Films (India), Taghleef Industries (UAE), CCL Industries (Canada), Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey) are the key players operating in the BOPP films market. Expansions & investments, and acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the BOPP films market.
The sustainable plastic packaging market is expected to grow from USD 84.0 billion in 2020 to USD 117.3 billion by 2025 at a compound annual growth rate (CAGR) of 5.6% during the forecast period.Amcor PLC (Australia) is a global packaging manufacturer that offers innovative and sustainable packaging solutions Market. The key players in the sustainable plastic packaging market included in this report are Amcor PLC (Australia), Sonoco Products Company (US), Sealed Air Corporation (US), Huhtamaki OYJ (Finland), Smurfit Kappa Group PLC (US), Mondi Group (South Africa), Uflex Ltd. (India), Berry Global Inc. (US), Constantia Flexibles (Austria), and AptarGroup (US). Acquisitions and new product developments are some of the major strategies adopted by these key players to enhance their positions in the sustainable plastic packaging market.
The COVID-19 Impact on packaging market is expected to grow from USD 909.2 billion in 2019 to USD 1,012.6 billion by 2021 at a compound annual growth rate (CAGR) of 5.5% during the forecast period.Companies, such as Amcor (Australia), Ball Corporation (US), Bizongo (India), International Paper (US), Tetra Pak (Switzerland), Berry Global Inc. (US), DS Smith Plc (UK), Mondi Group (Austria), Macfarlane Group Plc (UK) and Smurfit Kappa (Ireland) are operating in the packaging market. They have adopted short, mid, and long-term growth strategies such as donations, increased production, partnerships, innovations, etc. to serve their customers efficiently and increase their future market shares.
The Retort Packaging Market is expected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.1% during the forecast period. Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Mondi Group (South Africa), and Coveris (Us) are the key players operating in the retort packaging market. Expansions, acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the cosmetic packaging market.
The cosmetic packaging market is expected to grow from USD 49.4 billion in 2020 to USD 60.9 billion by 2025, at a compound annual growth rate (CAGR) of 4.03% during the forecast period.Key players, such as Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Albea SA (France), HCP Packaging (China), AptarGroup, Inc. (US), and Huhtamaki Oyj (Finland) have adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the cosmetic packaging market.
The bag-in-box market is expected to grow from USD 1.6 billion in 2019 to USD 1.9 billion by 2024, at a compound annual growth rate (CAGR) of 3.8%. during the forecast period.Key players such as Smurfit Kappa (Ireland) and DS Smith PLC (UK) have adopted this strategy to strengthen their product portfolio and to meet & exceed their customers’ expectations in the bag-in-box market.
The Dunnage Packaging Market is expected to grow from USD 3.0 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 5.0% during the forecast period. Some of the prominent players in the dunnage packaging market are DS Smith (UK), Menasha Corporation (US), Schoeller Allibert (Netherlands), Myers Industries (US), Nefab (Sweden), UFP Technologies (US), Reusable Transport Packaging (Florida), Amatech Inc. (US), MJSolpac Ltd. (UK), Rehrig Pacific Company (US). The strategies undertaken by these players include expansion, agreement, acquisition, divestment and investment.
The plastic waste management market is expected to grow from USD 32.6 billion in 2019 to USD 37.9 billion by 2024, at a compound annual growth rate (CAGR) of 3.1% during the forecast period.Companies such as Veolia Environnement S.A. (France), SUEZ Environnement Company (France), Waste Management, Inc. (US), Republic Services Inc. (US), and Waste Connections Inc (Canada). Other notable players in the market are Clean Harbors, Inc. (US), Biffa PLC (UK), Covanta Holding Corporation (US), Stericycle Inc. (US), and Remondis SE & Co. KG (Germany) are the key players operating in the plastic waste management market. Expansions, new product & service developments, acquisitions, partnerships, contracts, and joint ventures are some of the major strategies adopted by these key players to enhance their position in the plastic waste management industry.
The Kraft Paper Market is expected to grow from USD 15.6 billion in 2019 to USD 18.7 billion by 2025, at a CAGR of 3.0% during the forecast period. Companies such as Mondi (Austria), Segezha group (Russia), Klabin(Brazil), Billerudkorsnas (Sweden), Stora Enso (Finland), Daio Paper Construction (Japan), Nordic Paper (Sweden), Glatfelter(US), and Gascogne Papier (Austria) are the key players operating in the kraft paper market. Expansions, investments, divestments, new product developments, and acquisitions are some of the major strategies adopted by these key players to enhance their position in the kraft paper market.
The pouches market is expected to grow from USD 36.4 billion in 2019 to USD 46.1 billion by 2024, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.Key players operating in the pouches market include Amcor (Australia), Smurfit Kappa (Ireland), Mondi (Austria), Berry Global Inc. (US), Sonoco (US), Sealed Air (US), Huhtamaki (Finland), Constantia Flexibles (Austria), Coveris (Austria), Clondalkin Group (Netherlands), Goglio SpA (Italy), KOROZO (Turkey), ProAmpac (US), Gualapack S.p.A. (Italy), and DaklaPack (Netherlands). These players have adopted various growth strategies to expand their global presence and increase their market share. Mergers & acquisitions, expansions, investments, divestitures, new product launches, partnerships, agreements, and joint venture are some of the major strategies adopted by key players operating in the market.
The food processing seals market is projected to grow from USD 2.7 billion in 2018 to USD 3.2 billion by 2023, at a CAGR of 3.3%, during the forecast period. Food processing seals are seals that are used in the food processing industry to prevent leakage. In addition, seals used in food processing prevents food contamination by preventing microbial growth. The sealing materials used in the food processing industry must be corrosive-resistant and also comply with an increasing number of regulations, such as FDA, 3-A, and NSF standards. The growing production of processed and packaged food in countries, such as the US, Germany, UK, France, Spain, China, Japan, and Russia drive the demand for food processing seals. Furthermore, the presence of stringent regulations regarding the use of food grade seals and seal material is projected to drive the demand for food processing seals. The key players in the food processing seals market include Freudenberg Group (Germany), AESSEAL Plc (UK), Smiths Group Plc (UK), Flowserve Corporation (US), A.W. Chesterton Company (US), SKF (US), Parker Hannifin (US), Trelleborg AB (Sweden), IDEX Corporation (US), EnPro Industries, Inc. (US), James Walker (UK), and Meccanotecnica Umbra S.p.A. (Italy).
The sealing & strapping packaging tapes market is projected to grow from USD 17.4 billion in 2018 to USD 22.1 billion by 2023, at a CAGR of 4.89% from 2018. The growth in the sports and outdoor apparel industry, due to the growing health awareness among consumers and increasing fitness activities, are driving the growth of the sealing & strapping packaging tapes market during the forecast period. In addition, the increase in demand for protective clothing and accessories such as military, surgical/medical, and chemical protection garments are influencing the growth of the market. The major players include Avery Dennison Corporation (US), 3M Company (US), Nitto Denko Corporation (Japan), Intertape Polymer Group (Canada), Tesa SE (Germany), Scapa Group plc (UK), Shrutapes (US), Nichiban (Japan), Mactac (US), and Wuhan Huaxia Nanfeng Adhesive Tapes (China). Companies have adopted strategies such as new product launches and acquisitions to cater to the increasing demand for these tapes in emerging markets.
The security paper market is projected to grow from USD 11.4 billion to reach USD 14.8 billion by 2023, at a CAGR of 5.42% from 2018 to 2023. The growth of this market is attributed to the rising incomes, infrastructure modernization, large population base, and cash-based payments. Further, an increase in the number of fraud and counterfeiting cases have boosted the demand for security papers across various applications.Giesecke+Devrient (Germany), De La Rue plc (UK), Fedrigoni Group (Italy), Security Printing and Minting Corporation of India Limited (India), Real Casa de la Moneda (Spain), Security Paper Limited (Pakistan), Goznak (Russia), China Banknote Printing and Minting Corporation (China), Drewsen Spezialpapiere GmbH & Co. KG (Germany),
The thin wall packaging market is expected to grow from USD 42.8 billion in 2018 to reach USD 53.7 billion by 2023, at a CAGR of 4.64% from 2018. The changing lifestyles have boosted the market for packaged food & beverages, which is one of the most significant factors driving the growth of the thin wall packaging market during the forecast period. In addition, factors such as cost-effectiveness and improved aesthetic appeal of thin wall packaging are influencing the growth of the market.Amcor (Australia), Berry Global (US), Silgan Holdings (US), PACCOR (Germany), RPC Group (UK), Reynolds Group (New Zealand), ILIP Srl (Italy), Mold-Tek Packaging (India), Greiner Packaging International (Austria), and Double H Plastics (US).
MarketsandMarkets projects the growth of the blow-fill-seal technology market from USD 292.3 million in 2018 to USD 386.0 million by 2023, at a CAGR of 5.71%. The blow-fill-seal technology market is expected to witness high growth due to factors, such as rise in the middle-class populations, growth in demand from the pharmaceutical and other industries including chemical, food & beverage, and automotive; and preference for hygienic and convenient packaging. The major players include Catalent (US), Recipharm (Sweden), Rommelag (Germany), Unither Pharmaceuticals (France), Pharmapack (Japan), Unipharma (US), Curida (Norway), Weiler Engineering (US), The Ritedose Corporation (US), and Unicep Packaging (US). These companies have adopted strategies, such as acquisitions, expansions, and agreements to meet the increase in demand in emerging markets.
MarketsandMarkets projects that the aerosol valves market size will grow from USD 2.71 Billion in 2017 to USD 3.30 Billion by 2022, growing at a CAGR of 4.03% between 2017 and 2022. Growing demand for aerosol-based products in the home care, personal care, and healthcare sectors are driving the market growth for aerosol valves which offers ease of handling and occupies less space. Furthermore, the growing demand for easy to use products due to widening consumer acceptance is expected to drive the growth of the aerosol valves market. The major players include Aptar Group (US), Precision Valve Corporation (US), Coster Tecnologie Speciali (Italy), LINDAL Group Holding (Germany), Mitani Valve (Japan), Summit Packaging Systems (UK), Clayton Corp. (US), Newman Green (US), KOH-I-NOOR Mladá Vožice a.s. (Czech Republic), and SALVALCO (US). Companies have adopted strategies such as new product launches, mergers & acquisitions, expansions, and investments to cope with the increase in demand in the emerging markets.
The beverage carton packaging machinery market is estimated at USD 746.9 Million in 2017 and is projected to reach USD 840.7 Million by 2022, at a CAGR of 2.39%. The growth of the beverage carton packaging machinery market can be attributed to an increase in the consumption of personal care & hygiene products in emerging economies and rise in the number of production facilities of beverage carton packaging machinery. Key players operating in the beverage carton packaging machinery market include Langfang Best Crown Packing Machinery (China), ACG Worldwide (India), KHS (Germany), Krones (Germany), GPI Equipment (US), Bosch Packaging Technology (Germany), Econocorp (US), Jacob White Packaging (UK), Bradman Lake Group (UK), and Mitsubishi Electric (Japan). These players have adopted various growth strategies to expand their global presence and increase their market share. Mergers & acquisitions, expansions, and new product launches are some of the major strategies adopted by key players operating in the beverage carton packaging machinery market.
The market for medical packaging is projected to grow from USD 35.31 Billion in 2016 to USD 50.55 Billion by 2022, at a compound annual growth rate (CAGR) of 6.29% from 2017 to 2022. The base year considered for the study is 2016 and the market size is projected from 2017 to 2022. The global market for medical packaging is dominated by large players such as Avery Dennison Corporation (U.S.), 3M Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), CCL Industries, Inc. (Canada) , Amcor Limited (Australia), Constantia Flexibles Group GmbH (Austria), Bemis Company (U.S.) , Sonoco Products Company (U.S.) , WestRock Company (U.S.). These players have adopted various strategies to expand their global presence and increase their market share. Mergers & acquisitions, expansions, and new product launches are some of the major strategies adopted by market players to achieve growth in the medical packaging market.
MarketsandMarkets projects that the aseptic packaging market size will grow from USD 39.62 Billion in 2017 to USD 66.45 Billion by 2022, at an estimated CAGR of 10.89%. The global aseptic packaging market is dominated by players such as Robert Bosch GmbH (Germany), E.I. du Pont de Nemours and Company (U.S.), Tetra Laval International S.A. (Switzerland), Reynolds Group Holdings Limited (New Zealand), Amcor Limited (Australia), Becton, Dickinson and Company (U.S.), Bemis Company, Inc. (U.S.), Greatview Aseptic Packaging Co., Ltd. (China), IMA S.P.A (Italy), and Schott AG (Germany). These players adopted various strategies such as mergers & acquisitions, new product development, expansions & investments, and agreements & joint ventures to cater to the needs of the aseptic packaging market.
MarketsandMarkets projects the tobacco packaging market size is estimated to grow from USD 14.27 Billion in 2017 to USD 16.65 Billion by 2022, at a CAGR of 3.1%. The tobacco packaging market is witnessing considerable growth due to the rise in per capita income and stressful lifestyles. Equality laws for women have developed a new market for female smokers, which is another key factor fueling the growth. Tobacco packaging has come across new opportunities due to the growth in population and the technological advancements
MarketsandMarkets projects that the food service packaging market will grow from USD 65.36 Billion in 2017 to USD 84.33 Billion by 2022, at an estimated CAGR of 5.23%. The market for food service packaging is growing due to increase in demand from end-use industries such as food & beverages, quick service restaurants, and fast food outlets. Along with the same, the rise in demand for sustainable & recyclable packaging material has fueled the market for food service packaging. Emerging economies such as India, South Africa, Brazil, and oil-centric GCC (Gulf Cooperation Countries) possess a great potential for the food service packaging market.
In this report on top packaging trends, the packaging market has been segmented on the basis of technology and type. In the anti-counterfeit packaging market, the pharmaceutical & healthcare segment is projected to be the fastest-growing end-use sector that requires advanced packaging technologies to prevent counterfeiting of medicines and healthcare products. On the basis of technology, the RFID segment is projected to grow at highest rate during the forecast period in the anti-counterfeit packaging market, due to its ability to read and capture information stored on the tag attached to the product.
The form-fill-seal market size is projected to grow from USD 15.31 Billion in 2016 to USD 19.47 Billion by 2021, at a CAGR of 4.92% from 2016 to 2021. The form-fill-seal market is increasing proportionally with the overall packaging equipment industry and growth in the flexible packaging industry. The market is primarily driven by factors such as improving economic conditions of countries, technological advancements, and increasing end-use applications.
The market for industrial labels is estimated to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021. The segments considered for this report are based on type, material, end-use industry, mechanism, printing technology, identification technology, and region.
PET packaging market will grow from USD 57.64 Billion in 2016 to USD 74.32 Billion by 2021, at an estimated CAGR of 5.21%. The market for PET packaging is growing due to growth in end-use industries such as food, beverage, personal care, and pharmaceutical, and rise in demand of sustainable & recyclable packaging. The emerging economies such as India, South Africa, and Brazil possess a great potential for the PET packaging market.
The variable data printing market size will grow from USD 10.79 Billion in 2016 to reach USD 22.27 Billion by 2021, at an estimated CAGR of 15.61%. The global variable data printing market is driven by basic factors, which include strong growth in demand, especially in pharmaceutical, food & beverage and other sectors. These drivers are supported by the high rise in demand from the Asia-Pacific region. Product innovations and technological developments in the market are expected to create strong investment opportunities.
The market for homogenizers is projected to grow from USD 1.53 Billion in 2016 to reach USD 1.94 Billion by 2021, at a CAGR of 4.92%. The report aims at estimating the market size and future growth potential of the homogenizers market across different segments such as type, valve technology, application, and region. Globally, competition in the homogenizers market is growing considerably owing to the increasing demand from various end user industries such as food & dairy, cosmetics, pharmaceutical, biotechnologies, and chemical industries. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021.
The antimicrobial packaging market size is estimated to grow from USD 7.28 Billion in 2015 to USD 10.00 Billion by 2021, at a CAGR of 5.54%. The antimicrobial packaging market is growing rapidly in accordance with the growth in the packaging market, globally. Antimicrobial packaging is widely used in the food industry as a result of the rising consumer demand for products that are perishable, preservative-free, and minimally processed, and also due to the need to increase the shelf life of the products. This application is projected to foster the demand for antimicrobial packaging solutions during the forecast period. The report aims at estimating the market size and future growth potential of the antimicrobial packaging market across different segments such as base material, pack type, antimicrobial agents, technology, end-user industry, and region.
The Global Biodegradable Mulch Films Market size to grow from USD 35.76 Million in 2016 to USD 52.43 Million by 2021, at a CAGR of 7.95% from 2016 to 2021. The growth of the biodegradable mulch films market can be attributed to the rising demand of biodegradable mulch films in greenhouse, increased applications in agriculture, and rising environmental concerns that shifted the focus of growers toward eco-friendly mulch films. Furthermore, market players are responding to these new opportunities of increasing crop output by expanding their global presence and product lines.
The market for sterile medical packaging is estimated to grow from USD 26.55 Billion in 2015 to reach USD 35.07 Billion by 2020, at an estimated CAGR of 5.72%. The segmentation considered for this report is based on region. The region consists of North America, Europe, Asia-Pacific, and Rest of the World (RoW). The base year considered for the study is 2014 and the market size is projected from 2015 to 2020.
The global security labels market was valued at USD 20.61 Billion in 2015 and is projected to reach USD 26.47 Billion by 2020, at a CAGR of 5.13% from 2015 to 2020. On the basis of compositon, facestock accounted for the largest market share among all compositions for security labels. Bar codes accounted for the largest share in terms of both volume and value. In 2014, the application segment was dominated by the food & beverage sector followed by retail and consumer durables. Security labels in the form of sheets accounted for the largest share in terms of both volume and value.
The inventory tags market size is projected to grow from USD 4.08 Billion in 2016, to reach USD 5.07 Billion by 2021, at a CAGR of 4.43%. The segments considered for this report are based on printing technology, label type, technology, end-use sector, and region. The segmentation based on technology consists of barcodes, RFID, and others. Label types include plastic labels, paper labels, metal labels, and others. The end-use sectors include the industrial, retail, and logistics & transportation sectors. On the basis of region, the report is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The base year considered for the study is 2015 and the market size is projected from 2016 to 2021.
MarketsandMarkets projects that the laminated labels market size by value will grow and reach USD 94.49 Billion by 2020 at a CAGR of 4.57% between 2015 and 2020. The market is growing in accordance with the growth trends of the converting and packaging industries. Factors such as increasing demand from fresh food and beverage packaging industry, demand for pharmaceutical supplies, consumer durables, and logistics application, increasing consumer awareness, and growth of the e-commerce industry have propelled the growth of the global laminated labels market.
Micro packaging spans across a significant number of scientific disciplines and impacts various aspects of the end-user industries such as food industry, medical or pharmaceuticals, cosmetics etc. Companies are focusing on adoption of multi-disciplinary approaches to bring innovations by developing nanomaterials that ensure product safety and prolonged shelf life. Though the inventions in the field of micro packaging are at the preliminary stage, it has immense potential to revolutionize the packaging technology with its ability to manipulate materials on the nanoscale to create a host of different properties.
The market for automotive labels is estimated to grow from USD 5.74 Billion in 2015 to reach USD 7.30 Billion by 2020, at an estimated CAGR of 4.93%. The segments considered for this report are based on type, raw material, mechanism, printing technology, identification technology, application, and region. On the basis of type, asset labels held the largest market share, in terms of value, while warning & safety labels were the most widely used labels, in terms of volume, in the automotive labels industry. The identification technology includes barcode, RFID, hologram, and others.
The pressure labels market size is estimated to grow from USD 74.14 Billion in 2015 to USD 92.46 Billion by 2020, at a CAGR of 4.52%. The pressure labels market is growing rapidly in accordance with the growth in the packaging market globally. The use of pressure labels such as release liners and liner-less labels are used in the food & beverage industry. This application is projected to foster the demand for pressure labels during the forecast period.
The market for in-mold labels is projected to grow from USD 2.58 Billion in 2015 to reach USD 3.23 Billion by 2020, at a CAGR of 4.54%. The report aims at estimating the market size and future growth potential of the in-mold labels market across different segments such as material, technology, end use, printing technologies, printing inks, and region. Globally, competition in the in-mold labels market is growing considerably owing to the improvement in labeling technologies such as 3D printing and thermoforming. Label convertors are keen on developing innovative labeling solutions that can withstand harsh weather conditions such as extreme temperature and abrasion. The base year considered for the study is 2014 and the market size is projected from 2015 to 2020.