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 metalized flexible packaging market is expected to grow from USD 4.5 billion in 2020 to USD 5.8 billion by 2025, at a compound annual growth rate (CAGR) of 5.3% during the forecast period.Major companies such as Amcor Limited (Australia), Mondi Group (UK), Sealed Air Corp. (US), Sonoco Products Company (US), Polyplex Corporation Limited (India), Huhtamaki (Finland), Transcontinental Inc. (Canada) and Cosmo Films Ltd. (India) and among others
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 flexible plastic packaging market size is projected to reach USD 200.5 billion by 2025, at a CAGR of 4.5% during the forecasting period. Constantia Flexibles (Austria), Amcor (Australia), Berry Global Inc. (US), Mondi (Austria), Sonoco (US), and Sealed Air Corporation (US) are the key players operating in the flexible plastic packaging market. Expansions & investments, acquisitions, agreements, and new product launch are some of the major strategies adopted by these key players to enhance their positions in the flexible plastic packaging market.
The sterile medical packaging market size is expected to be reach USD 57.7 billion by 2025, at a CAGR of 9.4% during the forecasting period. Key players in the sterile medical packaging market, namely, Amcor Limited (Australia), Dupont De Nemours, Inc. (US), 3M Company (US), West Pharmaceutical Services, Inc. (US), and Sonoco Products Company (US), are considered for the study.
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 global anti-counterfeit packaging market size is expected to grow USD 188.2 billion by 2025, at a CAGR of 12.09% during the forecasting period. The major players include Avery Dennison (US), CCL Industries Inc. (Canada), 3M Company (US), DuPont (US), Zebra Technologies Corporation (US), SICPA Holding SA (Switzerland), AlpVision S.A (Switzerland), Applied DNA Sciences Inc. (US), Savi Technology, Inc. (US), and Authentix, Inc. (US). Companies have adopted strategies such as new product launches, expansions & investments, and acquisitions to cope with the increasing demand in the emerging markets.
The global biodegradable films market size is expected to grow projected to reach USD 1.5 billion by 2025, at a CAGR of 6.6% during the forecasting period. BASF SE (Germany), Futamura Chemical Co. Ltd. (Japan), Taghleef Industries (UAE), Walki Group Oy (Finland), Kingfa Sci. & Tech. Co., Ltd. (China), BioBag Americas, Inc. (US), Avery Dennison Corporation (US), Plascon Group (US), Bi-Ax International Inc. (Canada), Cortec Corporation (US), Clondalkin Group (Netherlands), TRIOPLAST INDUSTRIER AB (Sweden), Groupe Barbier (France), Paco Label (US), Layfield Group (Canada), and Polystar Plastics Ltd. (UK) are the key players in biodegradable films 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 global self-adhesive labels market size is expected to grow USD 59.2 billion by 2025, at a CAGR of 4.9% during the forecasting period. CCL Industries Inc. (Canada), Avery Dennison Corporation (US), Multi-Color Corporation (US), Coveris Holdings S.A. (Austria), Huhtamaki OYJ (US), and Fuji Seal International (Japan) are the key players operating in the self-adhesive labels market. Expansions & investments, mergers & acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the self-adhesive labels 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 global linerless labels market is expected to grow from USD 1.7 billion in 2020 to USD 2.0 billion by 2025 at a compound annual growth rate (CAGR) of 4.1% during the forecast period.Key players, such as R.R. Donnelley & Sons Company (Canada), CCL Industries Inc. (Canada), Multi-Color Corporation (US), 3M Company (US), and Avery Dennison Corporation (US) have adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the linerless labels 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 pet food packaging market is expected to grow from USD 10.2 billion in 2020 to USD 12.5 billion by 2025 at a compound annual growth rate (CAGR) of 4.2% during the forecast period.The global pet food packaging market comprises major manufacturers, such as Amcor Plc (Australia), Mondi Plc (South Africa), Sonoco Products Company (US), Constantia Flexibles (Austria), and Huhtamaki OYJ (Finland).
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 paper straw market is expected to grow USD 1,687 million by 2024, recording a CAGR of 23.6% during the forecast period. Companies such as Footprint (US), Hoffmaster Group, Inc. (US), Transcend Packaging Ltd. (UK), Huhtamaki Oyj (Finland), Fuling Global Inc. (China), Canada Brown Eco Products Ltd (China), Bygreen (Australia), Soton Daily Necessities Co., Ltd. (China), YuTong Eco-Technology (SuQian) Co., Ltd (China), Royal Paper Industries (Canada), and Biopac (UK) Ltd (UK) are the key players operating in the paper straw market. Expansions, contracts, new product developments, and acquisitions are some of the major strategies adopted by these key players to enhance their positions in the paper straw 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 pharmaceutical packaging market is expected to grow from USD 83.6 billion in 2019 to USD 111.9 billion by 2024, at a compound annual growth rate (CAGR) of 6.0%. during the forecast period.Some of the key players in the pharmaceutical packaging market are Berry Global Inc. (US), Amcor plc (Australia), Gerresheimer AG (Germany), Schott AG (Germany) AptarGroup and Inc. (Us). New product development, investment & expansion, and merger & acquisition were the major growth strategies adopted by the market players between 2016 and 2019 to enhance their regional footprint and meet the growing demand for pharmaceutical packaging in the emerging economies.
The molded pulp packaging market is expected to grow from USD 3.5 billion in 2019 to USD 4.4 billion by 2024, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The major players include Brřdrene Hartmann A/S (Denmark), UFP Technologies (US), Thermoformed engineered Quality (TEQ) LLC (US), Genpak LLC (US), and Eco-Products (US). Other players include Pro-Pac Packaging (Australia), PrimeWare-by PrimeLink Solutions (US), Fabri-Kal (US), Henry Molded Products (US), EnviroPAK Corporation (US), Pacific Pulp Molded (US), Sabert Corporation (US), Protopak Engineering Corporation (US), and Cellulose de la Loire (France). These companies have adopted strategies such as acquisitions, expansions & investments, and new product launches to cope with the increasing demand in the emerging markets.
The trash bags market is projected to grow from USD 9.5 billion in 2019 to USD 12.1 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period. Consumption of trash bags is rising globally and can be attributed to the rising population in emerging economies, resulting in an increase in the generation of waste. Increase in disposable incomes and rising awareness about hygiene are expected to lead to the high consumption of trash bags. Major companies in the trash bags market include Berry Global Inc., (US), The Clorox Company, (US), Novolex, (US), Reynolds Consumer Products, (US), Inteplast Group, Ltd., (US), Poly-America, L.P., (US), International Plastics, Inc., (US), Four Star Plastics, (US), and Cosmoplast Industrial Company (L.L.C.) (UAE), NOVPLASTA, s.r.o., (Slovakia) are some of the leading players operating in the trash bags market. These players have adopted expansions, acquisitions, new product launches, and new product developments as the major strategies to consolidate their positions in the market. Acquisitions has been the dominant strategy adopted by major players between 2013 and 2019.
The stand-up pouches market is projected to grow from USD 20.1 billion in 2018, to reach USD 28.9 billion by 2023, at a CAGR of 7.5% from 2018 to 2023. The rise in demand for packaged food and cost-effectiveness of stand-up pouches are driving the growth of the stand-up pouches market across the globe. In addition, factors such as the aesthetic appeal and rise in demand from end-use industries are also projected to contribute to the growth of the stand-up pouches market during the forecast period. Acquisitions accounted for the largest share of all strategic developments in the stand-up pouches market during 2014–2018. Companies such as Amcor (Australia), Berry Global Group (US), Mondi (Austria), Sealed Air (US), Smurfit Kappa (Ireland), Coveris (UK), ProAmpac (US), Huhtamaki (Finland), and Sonoco (US) adopted this strategy to strengthen their product portfolios, expand their geographic reach, and enhance growth prospects in the stand-up pouches 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 medical packaging films market is projected to grow from USD 5.6 billion in 2018 and reach USD 7.1 billion by 2023, at a CAGR of 4.87% from 2018 to 2023. The factors driving the growth of medical packaging films market include increasing incidences of chronic conditions, expenditure on healthcare facilities, the growing demand for bioplastic material, and the rising demand for bi-axially oriented films.Amcor (Australia), Berry Global Group (US), DuPont (US), Weigao Group (China), PolyCine (Germany), Covestro AG (Germany), Glenroy (US) and 3M Company (US), Wipak Group, and Renolit SE (Germany)
The returnable packaging market is projected to grow from USD 37.9 billion in 2018 to reach USD 51.2 billion by 2023, at a CAGR of 6.2% from 2018 to 2023. The rising demand for returnable packaging from various end-use industries such as food & beverages, automotive, and consumer durables, is driving the growth of the returnable packaging market across the globe. Brambles (Australia), Schoeller Allibert (Netherlands), Menasha Corporation (US), DS Smith (UK), Myers Industries (US), Nefab Group (Sweden), Rehrig Pacific Company (US), IPL Plastics (Ireland), Schutz GmbH & Co. KGaA (Germany), and Vetropack Holding (Switzerland) are the key players operating in the returnable packaging 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 returnable packaging market.
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 global protective packaging market is projected to reach USD 26.23 Billion in 2015, growing at a CAGR of 6.39% from 2015 and 2020. High disposable incomes and changing lifestyles have led to the increase in the consumption of packed goods and e-retailing channels, which in turn drive the demand for protective packaging. Moreover, with increasing awareness about environmental hazards, the market will adopt technologies to develop sustainable protective packaging, which is environment-friendly.
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 graphic film market will grow from USD 24.17 Billion in 2017 to USD 31.10 Billion by 2022, at a compound annual growth rate (CAGR) of 5.17% from 2017. The global market for graphic film is dominated by large players such as Avery Dennison Corporation (US), 3M Company (US), E. I. du Pont de Nemours and Company (US), CCL Industries (Canada), Constantia Flexibles Group (Austria), Hexis S.A. (France) , and DUNMORE Corporation (US). These players adopted various strategies to expand their global presence and increase their market share. Mergers & acquisitions, agreements & expansions, and new product launches are some of the major strategies adopted by market players to achieve growth in the graphic film 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