The food & beverage industry is estimated to play a key role in the antimicrobial packaging market7/24/2019 MarketsandMarkets projects that the global antimicrobial packaging market size will grow from USD 7.28 billion in 2015 to USD 10.00 billion by 2021, at a CAGR of 5.54%. Antimicrobial packaging solutions are used in food & beverages, healthcare, personal care, consumer durables, and agricultural goods industries. Food & beverages leads the market with the highest CAGR. The reason this segment leads the market is because food & beverage products are perishable and have a very less shelf life. Apart from this, consumers are also concerned about their health and the hazards that food contamination can have on them. Thus, as antimicrobial packaging solutions have properties that improve the shelf life of the products without compromising on quality standards, it has become the most sort-after packaging solution for food & beverage products.
Download the PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84919936 The controlled release packaging technology is projected to grow the fastest during the forecast period. There are two types of antimicrobial packaging technologies, namely, controlled release packaging and active packaging. Out of this, the controlled release packaging technology segment is projected to be the fastest-growing technology from 2016 to 2021. Controlled release packaging utilizes packaging as a delivery vehicle to efficiently bring the actives in specifically controlled rates over prolonged periods to the product to further improve its quality and safety. Pouches as a pack type is projected to grow at the fastest rate from 2016 to 2021 The pack type segment has various types such as pouches, bags, trays, carton packages, cups & lids, cans, and blister packs. The pouches market is projected to witness the highest growth rate during the forecast period as they can be used for various applications. They can efficiently be used by the food & beverages, personal care, healthcare, and other application industries to package their products. Bacteriocins as an antimicrobial agent is expected to grow at the fastest rate from 2016 to 2021 There are various types of antimicrobial agents that are widely used such as organic acids, bacteriocins, enzymes, essential oils, metal ions & oxidizers, gas, fungicides, natural extracts, and antibiotics. Bacteriocins is projected to lead the market with the highest growth rate as they have been considered to have very good antimicrobial characteristics. Asia-Pacific region is expected to grow at the fastest rate from 2016 to 2021 The global markets are projected to witness high growth based on the growing demand from end-user industries such as food & beverage. This growth would be driven by the Asia-Pacific markets which would witness the highest growth during the forecast period. High growth potential in the emerging markets of Asia-Pacific such as China and India is expected to provide new growth opportunities to players in the antimicrobial packaging market. In 2015, Asia-Pacific accounted for the largest share in the global antimicrobial packaging market, by volume, with China being the fastest-growing market in this region. This was followed by North America, Europe, and Rest of the World. Request for new version of Report @https://www.marketsandmarkets.com/RequestNewVersion.asp?id=84919936
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The cosmetic packaging & machinery market is emerging with a positive growth due to the rising demand for cosmetic products. There is a continuous need of innovation in the cosmetic packaging & machinery industry to gain a competitive edge over the other players. There is no other substitute to packaging, so more innovation and creative designs are required for cosmetic packaging, and high-tech machines are required to implement and realize the creative and convenient designs. Therefore, all the key companies have their own research and development departments to provide new and innovative packaging to their customers.
Download PDF Brochure to know more @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1307 The rising concern of people about their appearance is promoting the cosmetic industry. The rising demand for good and luxurious products is garnering the cosmetic packaging and cosmetic packaging machinery market. Consumers are also concerned about the packaging that has promoted various regulations in different regions. In order to achieve this hike, innovations are being done to meet the consumer needs. The demand for plastic as a material is also gaining hold in this industry. The Asia-Pacific market has tremendous opportunities for cosmetic packaging and machinery market. This region has emerged to be the driving factor for cosmetic packaging market, contributing to around 24% of the global demand. China is the market leader in the Asia-Pacific region due to the urbanization, and changing consumer taste and preferences. The other emerging economies such as Brazil, India, etc. are further lined up for future growth in this market. Companies such as HCP Packaging are investing in new product launches and creative designs to get a competitive edge over others. The cosmetic packaging equipment manufacturing companies are preferring expansion as the development strategy. Marchesini Group (Italy) opened a new facility in Italy that is dedicated to complete packaging lines. Through the organic growth strategies such as expansions and new product developments, the companies are expanding worldwide. The companies operating in this market such as Amcor Ltd. (Australia), HCP Packaging (China), Bosch Packaging Technology (Germany), and Marchesini Group (Italy), are engaged in the innovation of their products and enhancing their penetration in the cosmetic packaging & machinery market. Related Reports: Cosmetic Packaging Market by Type, Material (Plastic, Glass, Metal, Paper), Application (Hair Care, Nail Care, Skin Care, Make-Up) & by Packaging Machinery (Filling, Unscrambler, Sealing, Conveyor) & Geography – Global Trend & Forecast to 2018 https://www.marketsandmarkets.com/Market-Reports/cosmetic-packaging-market-1307.html Warning/security labels held the largest market share in Industrial Labels Market, in terms of value. It is projected to grow at the highest CAGR. Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at the manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.
Ask for free sample pages @https://www.marketsandmarkets.com/requestsampleNew.asp?id=177324755 MarketsandMarkets projects that the industrial labels market will grow from USD 43.04 Billion in 2016 to USD 55.95 Billion by 2021, at an estimated CAGR of 5.39%. The market is growing due to growth in end-use industries such as construction, aerospace & defense, automotive, consumer durables, transportation & logistics, and many more. Along with the same, rise in demand of sustainable & recyclable labeling & packaging material has fueled the market for industrial labels. Emerging economies such as India, South Africa, Brazil, and oil-centric GCC (Gulf Cooperation Countries) possess a great potential for the industrial label market. In terms of region, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The Asia-Pacific region is projected to grow at the highest CAGR among all the regions by 2021. This is mainly due to emerging economies in China, Southeast countries and India; urbanization; industrialization; and excellent PEST (political, economic, social, and technological) conditions. The laser engraving labels segment in the industrial labels market has high growth as these are applicable on almost any type of materials such a platinum, silver, brass, gold, stainless steel, carbide, copper, titanium, and plastics with a variety of advantages. The key players considered are:
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December 2021
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