Packaging Markets Blog

  Overview The smart packaging market is anticipated to grow by US$37,264.78 Mn by 2023 rapidly growing at a CAGR of 5.32% during the forecast period. The global smart packaging market is driven by a rise in need for smart packaging. These factors have helped shape the smart packaging market and are expected to boost the growth. Companies in the smart packaging market could also face challenges such as high packaging cost as well as high cost of technology. The details covered in the smart packaging market report cover all the aspects of the industry. Analysts studying the smart packaging market have also shared growth projections in the report and have suggested smart packaging market players to plan business strategies accordingly. Market Segmentation The global smart packaging market has been segmented based on application and technology. On the basis of application , the market for smart packaging is segmented based on automotive, food & beverage, healthcare, personal care, and

  The global medical device packaging material market   is growing rapidly, mainly due to burgeoning medical device manufacturing. Over the recent years, there has been a significant rise in healthcare sectors globally, which acts as a huge driving force for market growth. Other factors that define the heightened market demand include changing lifestyles and economical growth, driving the healthcare industry.  Besides, the awareness of the advantages of biodegradable materials as a packaging solution boosts the market growth. Evidently, advancements in packaging technologies emerging innovative packaging solutions play a significant role in fostering the medical device packaging market growth. Additionally, rising investments made in developing novel  medical device packaging materials  and stronger support from governments worldwide accelerate the growth of the market.  In its recently published study report, Market Research Future (MRFR) asserts that the global medical device packagi

  Growing Demand for Alcoholic, Nonalcoholic Beverages to Drive Metal Cans Market  The global  metal cans market share  is expected to exhibit a stable 3.5% CAGR over the forecast period till 2023, according to the latest research report from Market Research Future (MRFR). The global metal cans market is studied in great detail in the report, which includes a detailed analysis of the market’s historical growth trajectory and present condition. Major trends operating in the global metal cans market are examined in the report. Based on this information, accurate and reliable projections for the market’s likely growth trajectory over the forecast period till 2023 are presented in the report. Leading drivers and restraints operating on the global metal cans market are examined in the report. The impact of these major drivers and restraints on the global metal cans market is examined in detail in the report. Thus, the major factors enabling the market’s growth are enlisted and profiled in t

  The   global plastic packaging market   is growing continually. The market growth attributes to the spurring rise in food & beverages and healthcare industries globally. Besides, the change in consumer's lifestyles with rapid urbanization has augmented the demand for plastic packaging. Moreover, the rising consumer demand for convenience processed and packaged foods escalate the market growth, increasing plastic material uses for packaging of F&B items. According to Market Research Future (MRFR), the global plastic packaging market is expected to cross the valuation of USD 400 BN by 2022, growing at approximately 5% CAGR during the anticipated period (2016 – 2022). The market is predominantly driven by the awareness of the advantages of plastic material as a packaging solution for consumable goods. Also, the changing lifestyle and economical growth drive the plastic packaging market growth pervasively.  Additionally, increasing health risks and growing health & fitnes

  Market Analysis The global baby food packaging market is predicted to grow at a healthy CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis. Baby food packaging, simply put, is the packaging materials used to pack food material for toddlers and infants. Paper, metal, polymer, and glass are the different types of materials used in baby food packaging. It has wide applications in dried baby food, liquid milk, and powder milk. Various factors are propelling the global  baby food packaging market share . As per the current MRFR report, such factors include the growing need for baby food products in the world, rise in nuclear families in developing countries, constant product innovations with regards to materials and designs, and availability of biodegradable materials like paper. Additional factors adding market growth include the surging demand for stand-up pouches for its long shelf life, need for food safety, demand for convenience foods, increasing healt

  Smart Labels Market -Overview The value of products sold through retail channels has risen, thus necessitating the development of the smart label market 2020. The packaging & transport reports are produced by Market Research Future, which features market options for expansion. The market transformation is estimated to be evident with a promising CAGR in the forecast period. The use of smart labels is estimated to become more intensive due to their use in consumer electronic products that are gaining  Smart Labels market share  in the global market rapidly. The escalated focus on merchandise and asset tracking by companies are predicted to create new chances for growth in the smart label market through the forecast period. Detailed Regional Analysis  The regional examination of the smart label market is conducted on the basis of regions such as Europe, the APAC, North America, and the rest of the regions in the world.   The Asia Pacific regional market dominates the smart label ma

  According to Market Research Future (MRFR), the global caps & closures market is estimated to reach USD 65.12 billion with a CAGR of 5.2% from 2017 to 2023 (forecast period). The study explores and investigates the influence of the outbreak of COVID-19 on the global caps & closures market, including opportunities and challenges, drivers, and risks. plastic bottle closures market  play a significant role in packaging that includes containers such as caps, cans, and others. It helps prolong the shelf life of the products and provide a barrier to dirt, moisture, and oxygen. Caps & closures can be used in several ways to increase the performance of different parts and items. The main raw materials used in the production of caps and caps are plastic and metal. The caps and closures industry uses a range of materials to create suitable product packagings, such as plastics, metals, rubber, and paperboard. Plastic is chemically resistant, low-cost, and lightweight with a wide var